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BNB price was relatively unchanged today, June 27, as sentiment in the crypto market worsened. Binance Coin was trading at $640, up by 7.50% from its lowest level this week. Its growing stablecoin addresses, decentralized exchange volume, and bullish pennant point to more upside. BNB Price Technical Analysis as a Bullish Pennant Forms The four-four
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The post SEC vs Ripple Update: Motion to Temporarily Suspend Appeal Granted; What Next for XRP Price? appeared first on Coinpedia Fintech News
The Donald Trump administration has gradually fulfilled its promises made during the campaign period to the crypto ecosystem. The successful replacement of Gary Gensler with crypto-friendly SEC chair Paul Atkins has helped expedite the closure of several web3-related cases, including against Ripple and Binance exchange.
Earlier on Wednesday during the mid-North American trading session, James K Filan, a prominent defense lawyer, released court documents dated April 16 regarding the SEC vs Ripple appeal.
According to the court documents, Circuit Judge José A. Cabrenas granted a joint motion, filed by the U.S. SEC and Ripple to temporarily suspend their appeals amid the case closure.
“The parties jointly move to hold this appeal in abeyance, with the U.S. SEC directed to file a status report within 60 days of this order,” the court order noted.
Meanwhile, Ripple Labs agreed to pay a $50 million fine to settle the longstanding case.
After closing the first quarter in bearish sentiment, XRP has attempted to regain a bullish outlook in the past few weeks. The large-cap altcoin, with a fully diluted valuation of about $206 billion and a 24-hour average volume of about $3.45 billion, has been forming a potential reversal pattern in the daily timeframe.
The XRP price, against the U.S. dollar, has formed a possible inverse head and shoulders pattern, coupled with a bullish divergence of the daily Relative Strength Index (RSI). As a result, if the XRP price holds above the support level of around $2 and remains above the YTD falling logarithmic trend, a target of between $2.8 and $3 will be achievable.
The post SEC vs Ripple Update: Motion to Temporarily Suspend Appeal Granted; What Next for XRP Price? appeared first on Coinpedia Fintech News
Closing the four-year legal battle opens a new chapter for XRP mainstream adoption, catalyzed by Ripple Labs’ payment products. XRP price must hold above the support level of about $2 to invalidate further market correction. The Donald Trump administration has gradually fulfilled its promises made during the campaign period to the crypto ecosystem. The successful …
The post Analysts Explain Why Remittix Might Be A Better Bet Than Ripple Despite XRP vs SEC Case Ending appeared first on Coinpedia Fintech News
The long-running legal battle between Ripple and the SEC may finally be nearing its conclusion, but analysts are already shifting focus to what comes next. While the XRP price could see short-term gains, some experts argue that Remittix offers a stronger long-term opportunity. Built for global payments and backed by real-world adoption potential, Remittix is emerging as a serious contender in the utility altcoin space, possibly outpacing Ripple in the years ahead.
XRP is getting increased attention after CME Group announced plans to launch XRP futures on May 19, 2025, subject to regulatory approval. This shift would enable institutions to access XRP exposure without owning the token, thus paving the way for wider participation.
The announcement follows Ripple’s much-awaited legal settlement with the SEC, which had accused the company of unregistered securities sales. With that case behind it, XRP now appears on firmer ground.
Source: CoinMarketCap
Legal clarity and potential futures trading have given Ripple breathing room to rebuild market trust. Still, analysts like EGRAG remain cautious. While the XRP price has jumped to $2.37 a 7.77% weekly gain it’s hovering in a tight zone between $2.15 and $2.41.
Crypto analyst EGRAG says anything within this range is “just micro noise.” A decisive three-day close above $2.41 would signal a breakout. Until then, despite strong headlines, Ripple remains in wait-and-see territory.
While Ripple now enjoys legal stability and institutional buzz, Remittix (RTX) draws attention for a different reason: growth. Unlike XRP, which is battling resistance at $2.41, Remittix is still early in its journey and rising fast.
Priced at just $0.0757, it has already gained over 400% during presale, raising over $14.8 million. Analysts say this momentum is driven by real-world demand, not courtroom wins or futures speculation.
Remittix offers something Ripple does not: complete crypto-to-fiat conversion that lands directly in global bank accounts. It allows users to send crypto like BTC, SOL or XRP and have it arrive as local currency, all without hidden fees.
It also supports over 40 cryptocurrencies and 30+ fiat currencies, positioning itself as a practical solution for everyday users and global businesses. That’s a far cry from Ripple, which still relies on institutional deals and large-scale partnerships to fuel its vision.
What sets Remittix apart isn’t just speed, it’s flexibility. Businesses can open merchant accounts, manage crypto withdrawals and access over 50 crypto pairs alongside 30 fiat currencies.
All it takes is an internet connection to unlock the platform’s powerful Pay API, which helps merchants reduce costs and streamline global payments. The native RTX token fuels every platform transaction, conversion and payout, making it the engine behind one of crypto’s most promising real-world use cases.
For investors looking at long-term adoption, Remittix appears better positioned. Its business model connects directly to the $250 trillion cross-border payments market. Meanwhile, Ripple remains in a narrow technical range and is waiting on confirmation from traders. That contrast is why analysts believe Remittix could be the more rewarding bet in 2025.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
The post Analysts Explain Why Remittix Might Be A Better Bet Than Ripple Despite XRP vs SEC Case Ending appeared first on Coinpedia Fintech News
The long-running legal battle between Ripple and the SEC may finally be nearing its conclusion, but analysts are already shifting focus to what comes next. While the XRP price could see short-term gains, some experts argue that Remittix offers a stronger long-term opportunity. Built for global payments and backed by real-world adoption potential, Remittix is …
The post Why is The Crypto Market Going Down Today? appeared first on Coinpedia Fintech News
The crypto market is in the red today, with the global market cap slipping by 4.32% to $3.25 trillion. Most cryptocurrencies, including Bitcoin, Ethereum, XRP, and Solana, are seeing sharp losses. Bitcoin is trading below $104,000 at the time of writing. There is support near $101,000 to $102,000.
Ethereum (ETH) has dropped over 9% in the past 24 hours, falling to around $2,501. XRP has also taken a hit, slipping by more than 5% to trade at $2.11. Popular altcoins like Solana (SOL) and Dogecoin (DOGE) aren’t spared either — SOL is down over 10% while DOGE has fallen by nearly 9%. Even large-cap tokens like BNB and Cardano (ADA) have lost ground, dropping 2.89% and 8.6% respectively.
The biggest reason for today’s crypto sell-off is a sudden escalation in Middle East tensions. Israel reportedly launched an airstrike on Iran’s nuclear facilities on June 13 and this geopolitical shock spooked global investors, sending them rushing toward safer assets like gold, which jumped 5%.
Historically, whenever there’s unrest in the Middle East, risky assets like cryptocurrencies tend to fall. Bitcoin alone dropped by nearly 4% intraday, a move similar to what happened during the U.S.-Iran conflict in 2020.
U.S. Treasury Secretary Janet Yellen recently warned that Donald Trump’s proposed tariffs could push U.S. inflation up to 3%. This could lead the Federal Reserve to keep interest rates higher for longer — bad news for risk assets like crypto.
Coinbase’s recent launch of CFTC-compliant perpetual futures contracts has pulled short-term liquidity away from spot markets, adding to the downward pressure.
The next big event for the markets is the upcoming interest rate decision, due in a few days. Right now, there’s a 99% chance rates will stay the same. The market’s hoping Fed Chair Jerome Powell will sound more confident about future economic stability, hinting at rate cuts later. If not, and if the Fed sticks to its “wait and see” stance, markets might stay weak for now.
The post Why is The Crypto Market Going Down Today? appeared first on Coinpedia Fintech News
The crypto market is in the red today, with the global market cap slipping by 4.32% to $3.25 trillion. Most cryptocurrencies, including Bitcoin, Ethereum, XRP, and Solana, are seeing sharp losses. Bitcoin is trading below $104,000 at the time of writing. There is support near $101,000 to $102,000. Ethereum (ETH) has dropped over 9% in …