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- 🚨 The Biggest Crypto Headlines You Can’t Miss!
🚨 The Biggest Crypto Headlines You Can’t Miss!
News

The crypto community remains anxious about a possible delay in the XRP lawsuit resolution, despite the Securities and Exchange Commission’s (SEC) favorable stance. While many believe that the complexities surrounding the case could delay the settlement, experts like Fred Rispoli deem it unnecessary. Rispoli believes that the Ripple vs SEC case dismissal is simple and possible. With experts divided on the likelihood of the Ripple lawsuit settlement, the community remains curious. This contrast in expert opinions underscores the uncertainty surrounding the lawsuit’s outcome.

The US Securities and Exchange Commission is undergoing a significant transformation under President Donald Trump’s administration, paving the way for a major regulatory overhaul. In an attempt to dismantle its enforcement regulations, the SEC has ended major crypto lawsuits, sparking optimism. However, former SEC official John Reed Stark criticizes this regulatory shift, addressing it as the agency’s death.
Markets

Traders and investors remain rattled as Bitcoin (BTC) price briefly touched the $86K mark intraday, whereas altcoins showed a rising action during early Asian hours on Wednesday. ETH neared $2,500 after dropping to the $2,300 zone recently. XRP and Solana (SOL) prices jumped by 1-3%. Meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE) also gained 1%-7%, sparking speculations amid the flagship coin’s converse momentum.

Cryptocurrency prices like Bitcoin, Ethereum, and Ripple stabilized on Wednesday after crashing by double digits a day earlier. These coins may benefit after the House of Representatives voted for the Trump budget with over $4.5 trillion of tax cuts. BTC price was steady at $89,000, while ETH price and XRP price were at $2,490 and $2.3. So, will this budget push coins like Bitcoin, Ethereum, and Ripple higher?