The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might finally be nearing its conclusion — but is it really wrapping up this Thursday? Let’s break down the facts behind the speculation and what’s actually happening.
The Viral Tweet — Outdated and Misleading
A tweet from Eleanor Terrett has been making the rounds again, suggesting that the SEC would likely address the Ripple case dismissal at a closed-door meeting scheduled for a Thursday. However, what many people may not realize is that tweet is from March. The date isn’t new, and it was relevant to the SEC’s internal scheduling at that time.
What’s Actually Happening with the Ripple vs SEC Case?
To recap, Ripple and the SEC reached a partial resolution some time ago, with Ripple agreeing to a civil penalty for earlier institutional sales of XRP, while the court ruled that XRP is not a security on secondary markets. However, the final paperwork, formal withdrawal, and an official SEC statement remain pending.
Stuart Alderoty, Ripple’s Chief Legal Officer, recently reiterated that the case is effectively over, pending final formalities. But there’s still no official sign-off from the SEC Commission.
Why This Matters for XRP and Crypto Markets
Many analysts believe that once the final paperwork drops and legal clarity is fully established for Ripple, it could bring new institutional adoption opportunities and potentially fuel XRP’s price rally. Some even speculate that XRP ETFs could be on the horizon.
But until the SEC officially publishes the dismissal, it’s premature to declare victory.
Verdict: False Alarm for Now
The claim that Ripple vs SEC will end this Thursday is based on an old tweet and ongoing speculation. As of now, there’s no confirmed date for the final case dismissal announcement.
Whale selling and bearish technicals suggest ETH could plummet to $1,752—here’s when the drop may accelerate. Ethereum (ETH) price faces immense selling pressure after the $2,700 local top as blockchain data reveals investors cashed out nearly $1 billion in profits this week. Today ETH trades at $2,500, but whale transaction count spike shows that large investors are distributing their holdings. Technicals solidify this potential crash by flashing a bearish divergence sell signal. According to Santiment’s Network Realized Profit/Loss (NPL) metric, shows $835 million worth of ETH tokens were moved on May 15. This indicator tracks daily coin movements, this represents the most significant profit realization since Ethereum price plummeted to $1,385 in April. ETH Network Realized Profit/Loss The selling aligns with a spike in whale transactions exceeding $1 million. Historical patterns show similar activity preceded April’s 35% crash, suggesting large holders who bought the dip are now exiting positions. This… Read More at Coingape.com
SINGAPORE, May 1st, 2025 – LBank(lbank.com), the globally leading cryptocurrency exchange, successfully hosted 1001 Crypto Nights, one of the most anticipated side events during TOKEN2049 Dubai. The beachfront festival drew an excess of 5,000 attendees and 100 million online impressions, thus setting a new benchmark in the governance of Web3 cultural experiences.
This is a wonderful night that has much surrealistic energies from decentralized community activity, all creativity in meme culture, and live entertainment. It was indeed a very vibrant marriage of innovation with the community culture hosted by LBank in association with MemeCore and Shiba Inu, and co-organized by Google Cloud and GAIA. With this co-organizing planned for the people who joined in this initiative event, they were made not to feel separated or isolated. With this celebration, LBank reaffirmed its commitment to the charity of bridging culture with crypto.
Details Here
A stellar lineup of partners propelled the festival, ranging from tech giants AWS, OneCloud, and Akamai to the major blockchain ecosystems Avalanche, Polygon, Kaspa, and Polkadot. The festival was further spiced up by the collaborations of famous meme communities: WIF, BABY DOGE, BRETT, DOG, TURBO, NEIRO, ELON, SUNDOG, and PONKE. All these co-organization brought their own unique energy and cultural creativity.
Some guests wandered into interactive booths and immersive-brand activations surrounding the gleefully transformed Aladdin carnival-themed venue. Anything from fortune-tellers and live sketch artists to glowing body paint stations and the cosplay fantasy photo zones offered magic everywhere you turned. A standout from the evening was the new gamification mechanic known as “Chips System,” where guests were rewarded for completing both online and onsite missions. The night was brought to a beautiful finish by an aerial display of light with 300 flying drones drifting above Dubai’s Palm Jumeirah, painting the skyline with luminous formations, and ensuring that the memories of this program are cherished forever.
“Web3 thrives on openness, imagination, and shared momentum,” said Eric He, LBank’s Community Angel Officer and Risk Control Adviser. “Memecoins and community tokens are more than hype—they’re culture crystallizing on-chain, turning stories and humor into shared value. That’s why LBank is positioning itself as the go-to platform for meme innovation: from fast listings to deep liquidity and global community support, we’re actively building the cultural infrastructure of Web3.”
The spectacular milestone completed yet another chapter in LBank’s fabulous history of curating immersive Web3 experiences all over the world. In April 2024, LBank Labs partnered with Web3 Summit and BlockNews to bring to Dubai the Web3 Summit where the global experts examined the latest intersections of Web3, AI, and FinTech. In September 2024, LBank co-hosted an after-party for the TOKEN2049 event-“Meet Your Meme,” an energetic night where prominent meme coin holders, creators, and builders exchanged cultural ideas. In February 2025, LBank Labs brought to a successful conclusion its side event-“AI in the Skyline”-at Consensus Hong Kong, with an attendance of more than 800 participants. The tremendous success of 1001 Crypto Nights testifies to LBank’s continuous effort in extending and engaging a global Web3 community through high-profile offline events.
As the curtains fall on 1001 Crypto Nights, LBank reinforces its mission to lead not just in exchange services, but in building meaningful cultural connections across Web3. With a growing global footprint, deep market expertise, and a culture-first strategy, LBank remains committed to empowering the next generation of users and reshaping the future of crypto.
About LBank
Founded in 2015, LBank is a leading global cryptocurrency exchange, serving over 15 million registered users in more than 210 countries and regions. With daily turnover exceeding $3 billion, LBank has committed to providing the finest trading experience across the board with user-friendly trading access for more than 800 cryptocurrencies. LBank has also produced average returns of over 130% from newly listed assets through its innovative trading solutions.
An early bird into the Meme Coin market, LBank has listed more than 240 mainstream Meme coins and 40 Meme gems, many of which have gained over 500% profits. As the industry leader in first-time Meme coin listings, LBank has become the go-to platform for Meme coin investors.
The post LBank Successfully Hosts 1001 Crypto Nights During TOKEN2049 Dubai, Strengthening Its Global Crypto Cultural Footprint appeared first on Coinpedia Fintech News
SINGAPORE, May 1st, 2025 – LBank(lbank.com), the globally leading cryptocurrency exchange, successfully hosted 1001 Crypto Nights, one of the most anticipated side events during TOKEN2049 Dubai. The beachfront festival drew an excess of 5,000 attendees and 100 million online impressions, thus setting a new benchmark in the governance of Web3 cultural experiences. This is a …
A major Bitcoin whale has made a significant move, adding $200 million worth of Bitcoin to its holdings after selling over 11,400 BTC in recent months. This comes as Bitcoin experiences a rebound in price.
Despite some sales in February, the whale now holds over 15,000 BTC, valued at more than $1.3 billion. The whale started buying Bitcoin again after selling some when its price was between $100,000 and $86,000 in February. Bitcoin’s price was over $104,000 on February 1 but fell to around $78,940 by February 28.
ARKHAM ALERT: BILLIONAIRE BITCOIN WHALE APPEARS TO HAVE JUST BOUGHT $BTC
A $1B Bitcoin Whale just withdrew $200M of BTC this morning from Binance.
He started acquiring BTC 5 days ago after selling between $100K and $86K in February.
Bitcoin has seen significant price fluctuations recently. Over the past week, it has been trading between $81,000 and $88,000. On March 24, it experienced a 3% surge, pushing its value further away from the $76,900 low it hit on March 11.
Another Whale Moves 3000 BTC
At the same time, another Bitcoin whale has reawakened after eight years of inactivity, moving over 3,000 Bitcoin, valued at $250 million, in a single transaction on March 22.
Arkham Intelligence revealed in a post that the Bitcoin whale’s holdings have grown significantly, from a modest $3 million in early 2017 to a massive $250 million today. This stack of Bitcoin has been held in a single address for over eight years.
BlackRock Stacks Up More BTC
BlackRock, the world’s largest asset manager with approximately $11.6 trillion in assets, has been accumulating Bitcoin over the past week, according to Arkham Intelligence. The firm purchased 4,054 additional Bitcoin across 15 transactions, bringing its total holdings to 573,878 Bitcoin, worth over $50 billion, according to Bitbo’s Bitcoin treasury tracker.
BLACKROCK IS BUYING.
BLACKROCK JUST RECEIVED $100M $BTC FROM COINBASE PRIME
Additionally, BlackRock’s iShares Bitcoin Trust (IBIT) led a surge in Bitcoin spot ETFs in the U.S., reversing a five-week streak of outflows with a net inflow of $744.4 million. The majority of this came from BlackRock’s iShares, which brought in $537.5 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $136.5 million.
Ether Whales Also Show Activity
An Ether whale added 7,074 ETH, worth $13.8 million, to their holdings on March 21. Ether’s price has being trading 57% lower than its peak in November 2021, trading between $1,876 and $2,097. Despite this, Ether’s open interest reached a new all-time high, and the number of addresses holding at least $100,000 in Ether has been steadily increasing.
The post Bitcoin and Ether Whales on the Move; Bitcoin Whale Buys $200M in BTC appeared first on Coinpedia Fintech News
A major Bitcoin whale has made a significant move, adding $200 million worth of Bitcoin to its holdings after selling over 11,400 BTC in recent months. This comes as Bitcoin experiences a rebound in price. Despite some sales in February, the whale now holds over 15,000 BTC, valued at more than $1.3 billion. The whale …
