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Bitcoin Eyes $105K Amid Trump’s Fed Shakeup Talk

by Ouess
written by Ouess

The markets are buzzing as Donald Trump hints at replacing Fed Chair Jerome Powell, shaking investor confidence in the U.S. central bank. While Powell’s term doesn’t end until May 2026, Trump’s recent comments are already sending ripples through both traditional and crypto markets. Bitcoin is eyeing a return to the $105,000 mark, fueled by speculation over looser monetary policy and increased Treasury risk.

Trump’s Fed Chair Plans Stir Market Volatility

On June 6, Trump stated that he would soon announce his pick for the next Fed Chair. Though Powell’s current term still has years left, the possibility of a “Chair-in-waiting” is enough to shake market stability.

This isn’t the first time Trump’s stance on Powell has triggered a reaction. Back in April, when Trump softened his tone, Bitcoin briefly corrected. But now, with talk of replacement back in play, crypto assets are showing renewed volatility.

Can Trump Legally Remove Powell?

Technically, Trump can’t fire Powell outright—the Federal Reserve Act only allows removal “for cause.” That usually means misconduct, not policy disagreements.

However, Trump could nominate a successor early, paving the way for a hand-picked candidate to influence the central bank from the sidelines. According to Key Square Capital’s Scott Bessent, that nominee could wield significant market influence—even before officially taking over.

Why It Matters for Bitcoin and Altcoins

Trump’s pressure on the Fed adds a new layer of Treasury risk, something Bitcoin is increasingly used to hedge against, according to Geoff Kendrick of Standard Chartered.

“Bitcoin is no longer just a hedge against inflation—it’s a hedge against TradFi and policy chaos,” Kendrick explained.

Trump’s economic posts on Truth Social further drive this narrative. He blames Powell for high borrowing costs and insists that the U.S. could benefit from sharp interest rate cuts. Such rhetoric only fuels the narrative that Bitcoin is a safer, decentralized alternative.

What a Trump-Aligned Fed Could Trigger

Should Trump succeed in replacing Powell, the impact could be massive. Experts believe a Trump-aligned Fed Chair would likely slash rates, spurring liquidity and potentially launching the next crypto bull run.

This policy shift could finally unlock momentum for altcoins, which have lagged behind Bitcoin in 2025.

A Risky Opportunity?

While the crypto market could benefit from easier monetary conditions, not everyone is optimistic. The popular finance account “World of Finance” called the move a potential black swan event, warning it could bring global financial shocks.

Regardless of how it unfolds, Trump’s Fed ambitions have reawakened crypto volatility. And with Bitcoin approaching $105,000 again, it’s clear investors are watching every political development closely.

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Binance Lawsuit Dropped as SEC Ends Legal Battle

by Ouess
written by Ouess

In a major turn of events, the U.S. Securities and Exchange Commission (SEC) has officially ended its lawsuit against Binance. This legal battle, which began nearly three years ago, has now concluded with a joint filing by both parties to dismiss the case.

SEC and Binance Agree to Dismiss Case

According to Reuters, the SEC has voluntarily dropped the lawsuit against Binance and its founder, Changpeng Zhao (CZ). A joint stipulation of dismissal was submitted in federal court, signaling a mutual decision to end the prolonged legal standoff.

The court documents confirm that the dismissal is “with prejudice,” meaning the SEC cannot reopen the case later. Binance celebrated the decision, calling it a “huge win for crypto” on X (formerly Twitter).

In its official response, the SEC referred to the move as an exercise of discretion, indicating a change in enforcement tone.

Thanks to Trump and New SEC Leadership

Binance issued public thanks to SEC Chairman Paul Atkins and U.S. President Donald Trump for challenging regulation by enforcement. The company also took a veiled jab at former SEC Chairman Gary Gensler, saying, “We are still here.”

Since taking over, Paul Atkins has aimed to make the U.S. a global crypto hub, promising to shift toward clearer and less aggressive regulation.

Regulatory History and Legal Background

The SEC originally filed its case in 2023, accusing Binance of:

  • Listing unregistered securities.
  • Mishandling user funds.
  • Artificially inflating trading volumes.

Earlier this year, both sides agreed to a 60-day pause in the proceedings, foreshadowing a potential resolution. The dismissal now follows several other crypto legal victories, including Binance’s win in a $1.76 billion FTX lawsuit.

Changing Landscape for U.S. Crypto Regulation

Under Atkins’ leadership, the SEC has dropped multiple cases:

  • Coinbase
  • Kraken
  • Gemini
  • Robinhood

Only the Ripple case remains active, though it faces legal challenges from the courts.

This wave of dismissals marks a clear departure from the Gensler era, which was known for aggressive enforcement against the crypto industry.

Is a CZ Pardon Request Next?

With the Binance lawsuit dropped, attention now turns to Changpeng Zhao’s pardon request. CZ pleaded guilty in 2023, and reports suggest he has already submitted a formal request to President Trump.

Interestingly, there are rumors of Trump family members showing interest in acquiring a stake in Binance. While unconfirmed, this adds a layer of intrigue to the already dramatic developments.

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Altcoin

XRP Lawsuit Settlement Pushes Price Past $2.25

by Ouess
written by Ouess

The long-standing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) may finally be nearing its end. In a recent court filing, the SEC submitted a settlement request to dissolve past judgments and finalize an agreement with Ripple. As news of the filing broke, XRP’s price jumped over 8%, climbing above $2.25.

SEC Moves to End Legal Action

The SEC asked Judge Analisa Torres to grant an indicative ruling that supports its proposed settlement with Ripple. Specifically, the agency requested:

  • Removal of the previous injunction against Ripple.
  • Release of $125 million in penalties held in escrow.
  • A payout of $50 million to the SEC, with Ripple receiving the remaining funds.

Both parties also asked the Court of Appeals to pause their appeal process until Judge Torres rules on this settlement.

What Happens Next?

If Judge Torres agrees to the settlement terms, the next steps include:

  1. A limited remand from the Appeals Court to the District Court.
  2. Filing motions in District Court to finalize the reliefs.
  3. Dismissal of appeals by both Ripple and the SEC once court orders are finalized.

These steps signal a major milestone in the XRP lawsuit settlement, potentially closing one of the most closely watched cases in crypto history.

XRP Price Reaction and Market Sentiment

In response to the news, XRP surged past $2.25, showing strong bullish momentum. Crypto analyst CasiTrades noted that XRP bounced from the $2.08 support zone and retested its macro resistance at $2.25.

XRP Price Source : TradingView

She pointed out that the price is now consolidating tightly below a potential breakout level. While the Relative Strength Index (RSI) isn’t giving a strong signal, she highlighted that market waves suggest increasing volatility.

If XRP breaks cleanly above this resistance, it could signal the start of a larger rally in the days ahead.

Final Thoughts

The XRP lawsuit settlement is more than just legal housekeeping—it represents a moment of clarity for the XRP market. If the deal is finalized, Ripple and its investors may finally move forward without the weight of legal uncertainty. With XRP showing strength above $2.25, all eyes are on its next move.

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Altcoin

Ethereum ETF Options Trading Approved by SEC

by Ouess
written by Ouess

After months of delays, the U.S. SEC has approved options trading on BlackRock’s iShares Ethereum ETF, a move that could open the doors to wider institutional participation in crypto. Initially filed by Nasdaq in summer 2024, the proposal faced repeated delays. However, on the final decision deadline, the Commission gave its official nod.

This development follows the recent surge in Ethereum’s price—up over 14% in a single day—fueled mostly by geopolitical factors like Trump’s tariff pause. Still, the SEC approval could help support Ethereum’s upward momentum in the weeks ahead.

What Does Options Trading Mean for Ethereum?

Options are financial tools that let investors bet on or hedge against price movements without directly owning the asset. With Ethereum ETF options, investors can now take positions on the price of BlackRock’s Ethereum Trust—without needing to buy the ETF itself.

This flexibility makes the fund more attractive, especially to institutional investors who use complex strategies to manage risk and optimize exposure. The introduction of options is likely to boost liquidity, market maturity, and investor access.

Why This Approval Matters

Though the news didn’t immediately move ETH’s price—overshadowed by tariff-related gains—it’s a major win for Ethereum’s long-term outlook.

ETH price Source : TradingView

Notably, over $3 million recently exited Ethereum spot ETFs due to market uncertainty. This approval may signal a renewed bullish phase, as investors regain confidence.

More importantly, it adds regulatory legitimacy to Ethereum-based products, further narrowing the gap between traditional finance and crypto.

Looking Ahead

As institutional interest in Ethereum grows, this approval could mark the beginning of a more stable and scalable trading environment. It also positions Ethereum as a key player in the evolving world of crypto ETFs and regulated investment vehicles.

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Altcoin

XRP Lawsuit Nears End: What’s Next for Ripple and XRP Price?

by Ouess
written by Ouess

XRP lawsuit nearing its end, but XRP price struggles! Will Ripple’s legal win fuel a rally, or is a drop to $1.60 coming?

Ripple SEC Case Could Conclude in 60 Days

The prolonged legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is finally nearing its end. While some believe the case is already settled after both parties withdrew their appeals, legal expert Fred Rispoli disagrees. He states that the lawsuit remains unresolved but will likely be officially concluded within the next 60 days.

Ripple’s Chief Legal Officer, Stuart Alderoty, hinted that all necessary paperwork for a settlement has been prepared. The final step involves the SEC commission’s vote, expected within 30 days. If approved, the SEC will request the judge to lift the injunction, which Ripple will not oppose. Judge Torres is then expected to sign off on the motion within another 30 days.

However, Rispoli warns that changes in crypto regulations or shifts in government leadership before 2028 could potentially revive legal challenges for Ripple.

XRP Price Struggles Despite Legal Progress

Despite the positive legal developments, XRP’s price remains under pressure. The token has dropped 3.8% in the past 24 hours, trading at $2.35. Several factors contribute to this decline:

  • Lack of Market Excitement: XRP failed to rally after Ripple withdrew its cross-appeal against the SEC, signaling a lack of strong investor interest.
  • Bearish Market Sentiment: Open interest (OI) in XRP futures has declined 52% since January, suggesting reduced trading activity. Additionally, negative funding rates indicate bearish sentiment among traders.
  • Technical Weakness: XRP recently broke below a critical support level at $2.45, confirming a bear flag pattern. If it fails to hold support at $2.22, a further drop to $1.60 or lower is possible.

XRP funding rates across all exchanges. Source: CoinGlass

Will XRP Recover? Key Price Levels to Watch

For XRP to regain momentum, buyers must defend key support levels:

  • $2.22 – A crucial support zone that could prevent deeper losses.
  • $2.00 – If broken, XRP could face a significant downturn.
  • $1.60 – A worst-case scenario based on the bear flag pattern projection.

XRP price Source : TradingView

Renowned trader Peter Brandt has also identified a head-and-shoulders pattern on XRP’s chart, warning that a drop below $1.90 could lead to a further 50% decline toward $1.07. However, if XRP manages to break above $3, it would invalidate the bearish outlook and signal a potential recovery.

Conclusion

The XRP lawsuit appears to be in its final stages, with a resolution expected in the next two months. However, XRP’s price struggles to reflect this optimism, facing bearish technical signals and weak market interest. Traders should closely monitor key support levels as the legal outcome unfolds.

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SEC Drops Lawsuit Against Ripple – XRP Price Surges

by Ouess
written by Ouess

The U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple Labs, bringing an end to a multi-year legal battle that has shaped the crypto industry.

Ripple CEO Brad Garlinghouse confirmed the news, marking a significant regulatory victory for the company and the broader crypto market.

The End of a Three-Year Legal Battle

The SEC sued Ripple in December 2020, alleging it conducted an unregistered securities offering worth $1.3 billion through XRP sales. The case saw a major turning point in July 2023 when Judge Analisa Torres ruled that XRP’s programmatic sales to retail investors did not qualify as securities transactions.

However, the court upheld that institutional sales of XRP violated securities laws, keeping the case open for further legal action. Now, with the SEC dropping its appeal and lawsuit, Ripple has achieved full regulatory clarity, solidifying XRP’s status as not a security in the U.S.

How This Decision Impacts Crypto Regulation

The SEC’s withdrawal sets a critical precedent for how digital assets are classified in the U.S. It also raises questions about the agency’s approach to crypto enforcement moving forward.

Many industry leaders view this as a step toward clearer crypto regulations, reducing uncertainty for other blockchain projects facing legal scrutiny. This decision could also influence future court rulings involving crypto tokens.

XRP Price Surges as Investors React

🚀 XRP’s price saw an immediate jump following the announcement, reflecting strong investor optimism.

XRP USD Source : TradingView

📊 The market reaction suggests growing confidence in Ripple’s long-term prospects.

With this legal battle over, attention now turns to how the SEC will reg

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Altcoin

John Deaton Denies SEC’s Crypto Role Clarifications

by Ouess
written by Ouess

Rumors have surfaced about the US SEC clarifying the roles of XRP, SOL, and ADA in the Trump administration. Reports claimed that the SEC outlined how these cryptocurrencies could be integrated into government operations.

However, XRP lawyer John Deaton dismissed these claims, stating that the SEC has not made any such announcement.

Did the SEC Confirm XRP, SOL, and ADA’s Government Roles?

Recent reports suggested that the SEC officially recognized XRP as a key asset for state-level financial transactions. Allegedly, XRP would enhance government payments and interbank liquidity.

The reports also claimed that:
✅ ADA could be used for academic credentialing and smart contracts in government services.
✅ SOL might support high-speed blockchain applications, including secure voting and digital identity management.

However, John Deaton shut down these rumors, asserting that the SEC has not released any such clarification.

XRP as a Strategic Financial Asset?

Some sources claimed that the SEC published a document titled “Comprehensive Proposal: XRP as a Strategic Financial Asset for the US.” This document reportedly suggested integrating Solana and Cardano into the US digital infrastructure, while XRP remains the primary financial asset.

Yet, John Deaton denied the legitimacy of this claim. He emphasized that the SEC has not issued an official stance on the matter. This statement has sparked debates within the crypto community, with many now demanding official confirmation.

Crypto Community Seeks Clarity

Following Deaton’s clarification, many in the community expressed concern over the spread of misinformation.

XRP lawyer Bill Morgan also weighed in, questioning the source of these rumors. He called out the endless cycle of false information surrounding SEC crypto regulations.

Further investigation revealed that the document in question was merely a proposal submitted to the SEC, not an official statement from the agency. This situation highlights the importance of verifying information from reliable sources.

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Altcoin

XRP Price Crash: Why Ripple’s Coin Is Dropping

by Ouess
written by Ouess

XRP’s price has plunged over 10% today, raising concerns among investors. This decline follows a broader downturn in the crypto market, wiping billions off the total market cap.

So, what’s behind XRP’s latest price drop, and what comes next for Ripple’s native token? Let’s break it down.

Why Is XRP Falling?

At the time of writing, XRP trades at $2, with a daily trading volume of $6.93 billion. The cryptocurrency has fluctuated between $2.25 and $1.99 in the past 24 hours, while its Relative Strength Index (RSI) recently entered oversold territory.

Source : TradingView

XRP had an impressive 500% surge from November to January, peaking at $3.39. However, since then, it has consolidated between $2 and $2.5 and is now showing signs of further weakness.

📉 Key Stats:
✔ 7-day loss: 25%
✔ 30-day loss: 36%
✔ Current trading range: $2 – $2.5

What’s causing this sharp decline? Let’s explore the key factors.

Top Reasons Behind XRP’s Price Drop

1. Broader Crypto Market Sell-Off

The entire crypto market is experiencing a massive downturn. The global crypto market cap has dropped 8% today, losing $560 billion in the past week.

Source : TradingView

✔ Bitcoin down 8%, slipping below $79K
✔ Ethereum, BNB, Solana, and DOGE all losing around 10%
✔ Declining investor appetite for risk assets

With market-wide weakness, XRP has been unable to escape the selling pressure.

2. Declining Network Activity

Another major reason for XRP’s decline is a sharp drop in network activity.

🔍 Key Findings from Analyst Ali Martinez:
✔ XRP network activity dropped by 50% since December
✔ Active addresses fell from 202,250 to 101,169

https://twitter.com/ali_charts/status/1895113407160033622

Lower transaction volumes and engagement indicate waning demand, which directly impacts XRP’s price performance.

3. Ripple vs. SEC Case Uncertainty

The ongoing Ripple vs. SEC lawsuit is another major factor affecting XRP’s price.

✔ The SEC has dropped multiple crypto lawsuits recently
✔ No official updates on Ripple’s case have dampened investor sentiment
✔ Legal experts anticipate a resolution in the first half of the year

While XRP holders remain hopeful, the uncertainty surrounding the lawsuit continues to weigh on price action.

What’s Next for XRP?

As XRP slides lower, analysts are eyeing key support levels that could determine its next move.

https://twitter.com/VipRoseTr/status/1895207422442250644

📊 Predictions from Market Experts:
✔ Rose Premium Signals: XRP could drop to $1.2578, a crucial support zone
✔ CasiTrades: XRP’s correction might bottom out at $2, followed by a strong recovery
✔ If XRP holds support, targets could be $3 and $4.22 in the long term

Despite the current drop, long-term sentiment remains optimistic. If XRP finds stability, it could recover and retest previous highs.

Final Thoughts

XRP’s price crash reflects wider market weakness, declining network activity, and regulatory uncertainty. While the short-term outlook remains volatile, analysts believe XRP could rebound if it holds key support levels.

Will XRP recover soon, or is more downside ahead? Let us know your thoughts!

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Litecoin ETF Approval Likely in 2025, Say Bloomberg Analysts

by Ouess
written by Ouess

Bloomberg ETF analysts predict a 90% chance of SEC approval for a spot Litecoin ETF by the end of 2025, making it the most likely among proposed crypto ETFs.

Litecoin ETF Has the Best Odds for SEC Approval

Bloomberg ETF analysts James Seyffart and Eric Balchunas believe the SEC is likely to approve a spot Litecoin ETF before the end of 2025. They estimate a 90% approval chance, higher than other proposed ETFs like XRP (65%), Solana (70%), and Dogecoin (75%).

💡 Why is Litecoin more likely to get approval?
✅ The SEC has acknowledged Litecoin ETF filings.
✅ Litecoin operates on a proof-of-work (PoW) model, similar to Bitcoin.
✅ The SEC likely classifies Litecoin as a commodity, making approval smoother.

With ETF demand soaring—Bitcoin and Ethereum ETFs have seen $40.7B and $3.18B in net inflows—Litecoin’s entry could be another big step for crypto investments.

SEC Decision Expected by October 2025

According to Seyffart’s timeline, the SEC’s final deadline for Litecoin, Solana, XRP, and Dogecoin ETFs falls between October 2 and October 18, 2025.

📅 If all goes well, a Litecoin ETF could launch before then.

However, analysts believe Litecoin’s ETF won’t see massive demand like Bitcoin and Ethereum. Even with smaller inflows, it could still be profitable for fund issuers with just $50 million in assets.

More Crypto ETFs Could Be on the Way

🔎 Expect more crypto ETFs as fund issuers take a “spaghetti cannon” approach, throwing multiple proposals at regulators to see what sticks.

📝 Firms like Canary Capital and 21Shares have already filed for Hedera and Polkadot ETFs, though no approval odds have been assigned yet.

Challenges for XRP and Solana ETFs

❌ Regulatory concerns still loom over XRP and Solana ETFs.

📌 XRP faces an ongoing SEC lawsuit regarding its classification as a security. While Ripple won a partial court victory in 2023, the SEC has appealed, delaying ETF approval.

📌 Solana’s regulatory status is unclear, making it harder for the SEC to approve a commodity-backed ETF for it.

🔄 However, a change in SEC leadership could improve approval chances for both assets.

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Trump’s Digital Asset Orders Gain Strong Lawmaker Support

by Ouess
written by Ouess

Key lawmakers are backing President Donald Trump’s bold stance on digital assets, signaling a major shift in U.S. financial policy and innovation leadership.

Lawmakers Applaud Digital Asset Orders

House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have voiced strong support for President Trump’s recent executive orders on digital financial technology. In a joint statement on January 24, they praised the administration’s efforts to keep the U.S. at the forefront of the global digital asset sector.

https://twitter.com/RepBryanSteil/status/1881803971905585523

Hill and Steil highlighted the formation of the President’s Working Group on Digital Asset Markets, emphasizing its role in fostering collaboration among Congress, government officials, and regulatory agencies. This initiative aims to develop effective policies that support innovation while ensuring consumer protection.

Criticism of Past Regulatory Approaches

Reflecting on past regulatory challenges, Hill and Steil criticized the enforcement-driven approach of former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. They argued that Gensler’s stringent enforcement actions harmed the digital asset ecosystem, prompting them to push for meaningful legislation that provides a clear regulatory framework.

They emphasized the need to replace punitive measures with supportive regulations to promote innovation while safeguarding investors.

Stance Against Central Bank Digital Currency (CBDC)

The lawmakers reaffirmed their opposition to the creation of a central bank digital currency (CBDC) in the U.S. They believe a CBDC could pose risks to financial privacy and have pledged to prevent its implementation.

Praising President Trump’s commitment to protecting financial privacy, Hill and Steil stated: “President Trump’s Executive Order confirms our shared goal of safeguarding Americans’ financial information.”

Looking Forward: A Collaborative Effort

Hill and Steil expressed optimism about collaborating with the Trump administration to develop a comprehensive legislative framework for digital assets. They are committed to ensuring the U.S. remains a leader in digital financial innovation while providing necessary consumer protections.

“As leaders in digital asset policy, we are eager to work with the administration to craft legislation that delivers clarity and security for consumers and investors,” they stated.

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