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In the latest development in the XRP lawsuit, Ripple and the SEC have again filed a joint motion before the court, seeking an indicative ruling that would validate the settlement agreement. The parties have again asked that the judge remove the injunction and order the release of the monetary judgment. Ripple and SEC File New
The post Breaking: Ripple And SEC File Motion To Dissolve Injunction In XRP Lawsuit appeared first on CoinGape.
HYPE has experienced notable volatility recently, pushing the altcoin upwards. The rise to a new all-time high (ATH) may be delayed.
However, it remains a strong possibility for the coming months, especially with the positive momentum building in the market.
The Relative Strength Index (RSI) for HYPE has made a positive shift, moving back into the bullish zone after briefly slipping below the neutral mark. This rise above 50.0 signals strengthening bullish momentum, which is a promising sign for HYPE’s price in the days ahead.
As the RSI stays above 50.0, it suggests that the upward momentum is gaining traction. Investors can expect HYPE’s price to experience continued upward movement as long as the RSI maintains this bullish trend.
The Moving Average Convergence Divergence (MACD) indicator is also showing promising signs for HYPE. It is on the verge of a bullish crossover, which would confirm the shift in momentum from bearish to bullish.
The histogram associated with the MACD is showing declining red bars, signaling that bearish pressure is waning. A confirmed bullish crossover would confirm the strength of the momentum and fuel HYPE’s rise towards new highs.
HYPE is currently trading at $39.1, just under the resistance of $39.9. Breaking through this level is crucial for HYPE to continue its upward trajectory.
Securing $39.9 as support would signal the potential for further gains and set the stage for the altcoin to push toward higher price levels.
To continue its upward trend, HYPE would need to breach and hold $42.2 as support. If successful, the next key target would be the ATH of $45.8, which is approximately 16.8% above the current price.
However, this move might take longer, with investors likely seeing it happen sometime after Q3 begins next week.
Both $42.2 and $39.9 have been critical resistance levels for HYPE.
If the altcoin fails to break through $39.9 or encounters selling pressure before reaching these levels, it could fall back to the support of $35.7, invalidating the bullish outlook and potentially reversing the current trend.
The post Will Hyperliquid Price Set Another All-Time High in Q3 2025? appeared first on BeInCrypto.
While the XRP lawsuit is reaching its closing stages, there are a few loose ends that parties are racing to tie up. Digital assets lawyer James Farrell notes that Ripple Labs will pursue an indicative ruling to ease its future IPO proceedings. However, internal processes at the Securities and Exchange Commission (SEC) may see the loose ends become a knotty issue for Ripple Labs.
According to crypto lawyer James Farrell, Ripple and the US SEC have to sidestep a raft of hurdles to reach the final resolution in the XRP lawsuit. Farrell revealed via an X post that Ripple Labs is pursuing a settlement with the SEC while having its sights on an indicative ruling from Judge Torres.
Parties are taking a breather from legal proceedings after the US Court of Appeals granted a joint motion to suspend appeals. As parties sheath their swords and head to the negotiating table, Farrell says Ripple is tipped to table a settlement offer.
Furthermore, Ripple is expected to ask the District Court to issue an indicative ruling, seeking for Judge Torres to modify her judgment. Per Farrell, Ripple wants a modification to allow it to carry out private sales of XRP ahead of a Ripple IPO launch date.
“Why do they want it? Because without it, the possibility of an IPO in the next 3+ years is basically zero,” said Farrell. “So while the cool kids are going public, Ripple practically cannot.”
According to the legal expert, the process will involve Ripple submitting a settlement offer and a request for an indicative ruling. Farrell notes that Ripple’s legal team can submit both requests to the SEC jointly or separately.
He notes that the settlement is a low-hanging fruit for Ripple, but the indicative ruling may be a knotty issue for parties in the XRP lawsuit. If the SEC assents to the settlement, Ripple will still have to file a motion before Judge Torres, with the expert forecasting a six-month time frame.
After her decision, parties may head to the appellate court as the appeal is still subsisting, and file a voluntary dismissal. Farrell predicts the process at the appellate court to last for one month.
If Judge Torres denies the motion to modify the injunction, Farrell notes that the parties will head back to the Appeal Court with the argument on appeal potentially extending to January 2027.
Following the pause in legal proceedings in the XRP lawsuit, an analysis tips $2 as the XRP price floor for a parabolic rally.
The post XRP Lawsuit: Expert Reveals Hurdles For Ripple And The SEC Ahead Of Final Resolution appeared first on CoinGape.
Cryptocurrency exchange Gemini has announced the listing of Ripple’s stablecoin RLUSD on its exchange, enabling trading, deposits, and withdrawals.
This marks a significant step forward in the global adoption of RLUSD. Moreover, the listing triggered a surge in RLUSD’s trading volume, which has increased by 63.7%.
The announcement was made via Gemini’s official X (formerly Twitter) account.
“RLUSD is now available for trading on Gemini. Deposits and withdrawals are enabled. Buy, sell, and store today,” the post read.
The move positions Gemini alongside other major exchanges supporting RLUSD trading. For instance, Bitstamp enabled trading for the stablecoin on January 8. Meanwhile, Kraken followed suit on April 2.
Notably, Gemini’s listing had a positive impact on RLUSD. Following the announcement, the stablecoin’s 24-hour trading volume surged to over $52 million, reflecting a 63.7% increase over the past day, according to data from CoinGecko.
The double-digit rise highlighted heightened market activity and growing confidence in the stablecoin. However, this isn’t something new. RLUSD has been gaining traction for quite some time.
Since its launch late last year, the stablecoin has seen remarkable growth. Its market capitalization has risen 338.6% since the beginning of 2025. As of the latest data, it stands at $317 million.
Although the market cap remains modest compared to industry leaders like Tether (USDT) and USDC (USDC), analysts remain optimistic about RLUSD’s prospects.
“Ripple’s RLUSD stablecoin has exploded since launch, now pushing over $860 million in monthly volume. It’s fully backed, built on the XRP Ledger and Ethereum, and already integrated into Ripple Payments. Kraken, Bitstamp, and LMAX Digital have listed it. This is Ripple’s enterprise-grade answer to global stablecoin demand, and it’s built for compliance, scalability, and cross-border dominance,” a user wrote on X.
In fact, many market watchers believe that RLUSD’s use as collateral across all of Hidden Road’s prime brokerage products will trigger substantial demand. Furthermore, BeInCrypto reported that Ripple pledged $25 million in RLUSD to US public education initiatives. This could further drive adoption by showcasing real-world utility.
Meanwhile, the broader stablecoin ecosystem is also positioned for significant growth. According to forecasts from the US Treasury, the market capitalization could reach $2 trillion by 2028.
Furthermore, Citigroup’s projections estimate that the market cap could soar to $3.7 trillion by 2030. This overall expansion of the stablecoin market is expected to benefit RLUSD as well, driving further integration and usage as the demand for stablecoins continues to rise.
The post Gemini Lists Ripple’s RLUSD Stablecoin, Boosting Trading Volume by 63.7% appeared first on BeInCrypto.