XRP Lawsuit News: Judge Halts $50M Ripple-SEC Deal

Monicah W

Will XRP Skyrocket to $5 After Ripple Lawsuit Decision Today? Legal Expert Says 'Don't Hope..'

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Just when it looked like Ripple SEC case were moving closer to wrapping up their long-running legal battle, Judge Analisa Torres has decided to wait. She officially denied a joint request made by both Ripple and the SEC to get early feedback on a proposed $50 million settlement.

She said, “Come back when the appeal is over.”

So what exactly does this mean?

Why Did the Judge Say No?

On June 26, Judge Torres responded to a joint motion by Ripple and the SEC, in which both parties had asked for an “indicative ruling.” Basically, they were asking her for a preview—an early opinion on whether she’d be okay with changing the final judgment once the case comes back from appeal.

Therefore, she denied the motion, saying she can’t comment on penalties while the case is still under appeal.

So while the judge’s decision may feel like a setback, it doesn’t change anything in the legal standing of Ripple or change XRP’s legal status.

Why This Isn’t as Bad as It Sounds

Despite initial concerns from the XRP community, legal experts are calling this short-term “FUD” (Fear, Uncertainty, and Doubt). Here’s why:

No new penalties were issued — the ongoing debate between a $50 million and $125 million fine remains unresolved.

XRP’s legal status stays intact — Judge Torres’ 2023 ruling that XRP is not a security in secondary sales still stands.

Settlement still on track — both Ripple and the SEC are still filing jointly, which is usually a good sign of mutual progress.

What Comes Next?

The case now waits for the appeals process to wrap up, after which Judge Torres can officially make her ruling on penalties.

Meanwhile, all eyes are now on August 15, 2025 — the date when the SEC is expected to file its status report, which could shape the next steps in the Ripple lawsuit.

XRP Price Drops 4%

Following the news, XRP’s price dropped by 4% in the past 24 hours, currently trading around $2.13. Its market cap now stands at $125.76 billion. Meanwhile, the 24-hour trading volume also fell by 6%, settling near $2.66 billion, showing a slight dip in market activity after the court decision.

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Is Base Season Upon Us? | Meme Coins To Watch Today

The meme coin market has witnessed its resurgence on Solana after moving away from Ethereum. By the looks of it, the meme coin mania is now moving to Base, given the array of recent launches and the forthcoming tokens. This will also bring forth the wave of “content coins” emerging at the moment.

BeInCrypto has analyzed certain meme coins that are ahead of the curve and are crucial for investors to watch going forward.

ZORA Token: Pioneering the Content-Coin Ecosystem

Zora’s long-anticipated $ZORA token will launch on Coinbase’s Base network this Wednesday, April 23, 2025. The launch is backed by Coinbase Ventures and Paradigm. Ten percent of the 10 billion-token supply will be allocated to an airdrop, 20 percent to community incentives, 5 percent to liquidity provision, and the rest to the treasury, team, and strategic contributors under multi-year vesting schedules.

Base has become a prominent hub for “content coins,” where each social post on Zora automatically generates a unique ERC-20 memecoin. This feature has led to significant engagement, with early April experiments generating record fee revenue as two content coins surged dramatically, with one spiking 350% in just 24 hours.

Zora’s integration with Base and Farcaster is quickly developing a network of connected applications, empowering creators to seamlessly monetize their posts and memes, thus transforming social media interactions into profitable digital assets.

Today’s Standout: Based Froc ($FROC)

  • Launch Date – March 2025
  • Total Circulating Supply – 100 Billion FROC
  • Maximum Supply – 100 Billion FROC
  • Fully Diluted Valuation (FDV) – $1.22 Million

Based Froc (FROC) led the pack in today’s gainers list, jumping nearly 71% during the intra-day high to claim the top spot in CoinGecko’s “frog-themed” category. FROC first gained attention in mid-February when a Coinbase engineer introduced it using Clanker, an AI-powered token-creation bot from Farcaster.

At the time of writing, the meme coin is trading at $0.00001251. It is attempting to flip and secure $0.00001209 as a support level. This could guide the meme coin up towards the $0.00001676 resistance and potentially breach it.

FROC Price Analysis.
FROC Price Analysis. Source: TradingView

However, if FROC loses its momentum, the meme coin could fall back down towards the $0.00000775 support level. This would wipe out the recent gains and extend losses, invalidating the bullish outlook.

Small Cap Corner: Byte on Base ($BYTE)

  • Launch Date – March 2025
  • Maximum Supply – 1 Billion BYTE
  • Fully Diluted Valuation (FDV) – $747,590

Byte on Base has seen remarkable growth, rising 128% in a single day. Cliza Systems, an AI token deployer, recently moved the rest of its $BYTE tokens into a Grok AI wallet. This action increased Grok’s stake to almost 27% of the total supply, effectively locking those tokens and enhancing Byte’s deflation.

This is expected to reflect in the price action as well in the coming days. BYTE, trading at $0.0006539 is holding above the support of $0.0005737. Securing it as support could push the meme coin upwards towards the resistance of $0.0010523, extending investors’ profits.

BYTE Price Analysis.
BYTE Price Analysis. Source: GeckoTerminal

On the other hand, if the momentum reverses, BYTE could fall through the support of $0.0005737. This could result in the altcoin falling to $0.0001533, wiping out the recent gains and invalidating the bullish thesis.

The post Is Base Season Upon Us? | Meme Coins To Watch Today appeared first on BeInCrypto.

Bitcoin (BTC) and Ethereum’s (ETH) Next Jump Could Drive a Strong Rally for This Altcoin Below $0.30

Rexas Finance

The post Bitcoin (BTC) and Ethereum’s (ETH) Next Jump Could Drive a Strong Rally for This Altcoin Below $0.30 appeared first on Coinpedia Fintech News

Bitcoin remains strong in the market and institutional interest as Ethereum keeps rising which strengthens the cryptocurrency industry potential. These developments are setting the stage for a potential market rally. Ethereum-based projects could benefit, and one ERC-20 altcoin under $0.30 is gaining attention. Rexas Finance (RXS), a token focused on real-world asset tokenization, may rise if Bitcoin and Ethereum prices continue upward.

Bitcoin and Ethereum Fuel Institutional Confidence

Bitcoin continues to hold a dominant position in the crypto market. It has remained above key support levels as more institutions recognize it as a digital store of value. The asset’s limited supply of 21 million coins has attracted long-term holders and hedge funds seeking a hedge against inflation. Ethereum is also gaining traction among large financial firms. BlackRock’s recent launch of its Ethereum-based BUIDL fund and its reported holdings of over 1.1 billion ETH have increased confidence in Ethereum’s role in blockchain finance. Analysts suggest Ethereum could reach $9,000 or more, especially if spot Ether ETFs are approved.

Rexas Finance (RXS) Sees Growth Ahead of Launch

Rexas Finance is built on Ethereum and aims to bring real-world assets onto the blockchain. Real estate along with gold and intellectual property are turnable into digital tokens through tokenization and trading on the blockchain platform. This model increases access to traditionally hard-to-reach investment sectors.

The RXS token is currently priced at $0.20 in the final presale stage. It is expected to launch at $0.25 on June 19, 2025. Over 458 million tokens have been sold during the presale, raising more than $47 million from individual investors. The project has not taken venture capital funding, which helps maintain community control.

Security, Utility, and Exchange Plans Build Trust

Rexas Finance implements various measures to boost its reputation position. The platform has completed a Certik audit, which confirms that its smart contracts meet strong security standards. The platform appears on two prominent exchanges CoinMarketCap and CoinGecko because such listings provide better transparency to investors who wish to track transactions.

The platform offers tools such as the Token Builder and QuickMint Bot. These allow users to create asset-backed tokens without coding knowledge. The ecosystem also includes AI Shield, which uses artificial intelligence to monitor contracts and detect possible risks or fraud. These features are designed to improve safety and simplify use.

Deflationary Model and Presale Activity Support Momentum

RXS follows a deflationary token model, which may reduce the total supply over time. This could support long-term value as demand increases. The final presale phase offers the token at a lower price before its launch on three confirmed cryptocurrency exchanges.

More than 455 million tokens were purchased during the presale stages. A $1 million giveaway campaign is also underway, which includes rewards for 20 winners. One investor reportedly bought 500,000 RXS tokens, equal to $100,000, during this period. This signals growing interest from larger investors in the token’s potential.

Conclusion

An upward market trend might emerge because Bitcoin maintains its performance stability while Ethereum attracts more institutional investors. Ethereum-based tokens like Rexas Finance (RXS) are positioned to gain attention as blockchain adoption grows. With a token price below $0.30, security audits, and upcoming exchange listings, RXS is one altcoin to monitor closely as the market prepares for its next upward move.

Website: https://rexas.com

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

The post Bitcoin (BTC) and Ethereum’s (ETH) Next Jump Could Drive a Strong Rally for This Altcoin Below $0.30 appeared first on Coinpedia Fintech News
Bitcoin remains strong in the market and institutional interest as Ethereum keeps rising which strengthens the cryptocurrency industry potential. These developments are setting the stage for a potential market rally. Ethereum-based projects could benefit, and one ERC-20 altcoin under $0.30 is gaining attention. Rexas Finance (RXS), a token focused on real-world asset tokenization, may rise …

Crypto Market Eyes Rally Amid US Treasury Secretary’s Fed Rate Cut Call

Crypto Market Eyes Rally Amid US Treasury Secretary's Fed Rate Cut Call

As the US economy and the crypto market face a severe downturn, Treasury Secretary Scott Bessent calls for an interest rate cut by the Federal Reserve. Pointing to falling bond yields and a decline in inflation from 2.8% to 2.4%, the Treasury Secretary drew the Fed’s attention to the immediate need for action.

If the Fed acts on Bessent’s recommendation and cuts interest rates, it could spark a bullish run in the crypto market. Polymarket odds suggest a 46% chance of a 25bps rate cut, with a 48% chance of no change.

Scott Bessent Urges Federal Reserve for Rate Cuts

According to a recent Reuters report, US Treasury Secretary Scott Bessent has called on the Federal Reserve to lessen interest rates in response to deteriorating economic conditions. Commenting on the matter, Scott Bessent stated, “We’re seeing that two-year rates are now below fed funds rates, so that’s a market signal that they think the Fed should be cutting.”

At the same time, the crypto market has also seen a severe downturn, with top cryptocurrencies like Bitcoin struggling to maintain momentum. However, the Fed’s potential dovish stance could result in a significant uptrend in the crypto market.

US Economy Shrinks: What’s Next for Crypto?

Reportedly, the US economy has shrunk significantly for the first time in three years, driven by President Donald Trump’s tariff announcements. Recent reports reveal that the US economy declined by about 0.3%, reversing the initial surge seen at the onset of 2025. Given the strong growth in the beginning, experts see this collapse as a surprising development.

The two-year Treasury bond yield, a key indicator of short-term government borrowing costs, has dropped to 3.59%, significantly below the Fed’s current interest rate range of 4.25%-4.5%. The inflation rate, measured by the PCE Price Index, decreased to 2.3% in March from the previous month’s 2.5%. The value increased by 2.6% year-over-year, down from February’s 3%.

Considering the crypto market, top assets traded in red for days following Trump’s tariff decisions. Though Trump’s threat to fire Fed Chair Jerome Powell sparked controversy, his urge for an interest rate reduction invoked optimism.

The post Crypto Market Eyes Rally Amid US Treasury Secretary’s Fed Rate Cut Call appeared first on CoinGape.