Ethereum’s Pectra upgrade has successfully launched on the mainnet at epoch 364032. This update introduces new smart account wallet features, boosting user experience. It also doubles the Layer 2 blob data capacity, improving scalability. Additionally, validator user experience sees important enhancements. The Ethereum community will keep a close watch on the network over the next 24 hours to ensure everything runs smoothly.
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has felt like a never-ending saga for the crypto community. Just when it seemed like both sides were ready to wrap things up, a surprise twist delayed the process yet again.
A Curveball from Judge Torres
According to pro-XRP lawyer John Deaton, both Ripple and the SEC had agreed to settle the case. The SEC dropped its appeal regarding XRP’s secondary sales on exchanges, and Ripple agreed to settle its cross-appeal concerning institutional sales and a hefty $150 million fine. The plan was to reduce the fine to $50 million and lift the injunction restricting Ripple’s institutional sales.
LIVE NOW! Tune in as @JohnEDeaton1 breaks down Judge Torres’ decision to deny the SEC/Ripple Motion for Settlement.
The parties then asked Judge Analisa Torres for an indicative ruling — essentially a heads-up on how she would rule if the case was sent back to her from the appeals court.
But in a move no one expected, Judge Torres denied the motion. She pointed out procedural issues and said that the parties hadn’t addressed the “heavy burden” required to convince the court that lifting the injunction was in the public’s best interest.
Why the Judge Might Be Frustrated
Deaton explained that Judge Torres’ refusal wasn’t just about legal technicalities. After years of intense courtroom battles, mountains of paperwork, and over $250 million spent between both sides, the judge might be frustrated at the SEC’s sudden change of heart — essentially dropping its case after tying up the court’s resources for so long.
The judge is asking both sides to explain why lifting the injunction serves the public good, especially since her original ruling found Ripple’s institutional sales violated securities laws.
What Happens Next?
So, how long until this finally ends? According to Deaton, the case isn’t deadlocked — but it has hit another “speed bump.”
He believes both Ripple and the SEC will now have to submit a joint brief making their case to Judge Torres. Ripple’s institutional clients are sophisticated investors like banks and hedge funds — not retail traders harmed by the sales.
#XRPCommunity#SECGov v. #Ripple#XRP Judge Torres has denied the parties’ motion for an indicative ruling. “If jurisdiction were restored to this Court, the Court would deny the parties’ motion as procedurally improper.” pic.twitter.com/4s95ILvzsy
If they can convince the judge that dissolving the injunction aligns with public interest and regulatory clarity, Deaton thinks she’ll eventually approve the settlement.
How Long Will It Take?
Deaton estimates it could still take a few more months before the XRP vs SEC case is fully resolved. “Ultimately, this is just another speed bump along the way,” he said. Once Judge Torres is satisfied, the case would go back to the Second Circuit Court of Appeals, get officially remanded to her, and the final settlement terms would be approved.
The post Ripple News: How Long Till XRP vs SEC Case Actually Ends? Deaton Breaks It Down appeared first on Coinpedia Fintech News
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has felt like a never-ending saga for the crypto community. Just when it seemed like both sides were ready to wrap things up, a surprise twist delayed the process yet again. A Curveball from Judge Torres According to pro-XRP lawyer John Deaton, …
Uniswap’s governance decision to approve $165.5 million in funding has sparked a surge in UNI token price, which has jumped by over 10% in the last 24 hours. The live price of UNI now stands at $7.01, with a trading volume of approximately $292 million.
The price increase reflects growing optimism among investors as the long-discussed “fee switch” initiative moves closer to activation. Additionally, the open interest in UNI derivatives has seen a significant rise, marking a 17.69% increase, reaching $196.96 million.
Uniswap Foundation Secures Funding for Ecosystem Growth
The Uniswap community has voted in favor of two governance proposals that allocate $165.5 million in funding. This capital will help support the growth of the Uniswap ecosystem following the launch of Uniswap v4 and the Unichain Layer 2 network.
Of this amount, $95.4 million will be directed towards the Uniswap Foundation’s grants budget, and $45 million will be set aside for liquidity incentives. The remaining $25.1 million will go towards operational costs for the next two years.
The Uniswap Foundation is an independent non-profit organization responsible for overseeing the growth of the protocol. The decision to allocate substantial funds to ecosystem development is aimed at increasing the network’s scalability and creating new opportunities for growth. The foundation’s long-term goal is to transition Uniswap from a decentralized exchange into a platform that can also cater to developers and bring significant value to the Uniswap community.
Liquidity Incentives to Support Uniswap v4 and Unichain Growth
Part of the funding will be used to establish liquidity incentives for the newly launched Uniswap v4 and Unichain platforms. Gauntlet, a Web3 risk management protocol, will manage these incentives to draw in new users and maintain growth across both networks.
The proposal also includes developer-focused campaigns designed to sustain ecosystem expansion and encourage further participation from the broader community.
Uniswap v4, launched in mid-January 2025, introduced the concept of “hooks” or contracts that allow developers to customize interactions within pools, swaps, and fees. The launch of Unichain, built on the Optimism tech stack, further enhances Uniswap’s scalability by providing a Layer 2 network that can support more transactions at lower fees.
Fee Switch Moves Closer to Reality, Potentially Reshaping Revenue Distribution
One of the most significant aspects of the governance decision is the advancement of the long-awaited “fee switch.” This would direct a portion of protocol fees, currently earned by liquidity providers, towards UNI token holders. This change has been eagerly awaited by the community, as earlier proposals to activate the fee switch were unsuccessful.
The Uniswap Foundation has stated that it will now proceed with the necessary legal steps to activate this switch.
Subsequently, the Uniswap fee switch would enable UNI token holders to earn protocol revenue, which has been a major topic of discussion within the community. Over $1 billion in annualized fees have been generated by the Uniswap protocol, and this shift would allow token holders to capture a portion of that revenue. The activation of the fee switch represents a significant step in Uniswap’s ongoing efforts to align the interests of its governance members with the protocol’s long-term success.
BTC price today: Bitcoin has recorded a surge of nearly 2%, indicating a renewed market confidence towards the flagship crypto. Notably, the crypto market has recorded volatile trading lately, especially as President Donald Trump’s Tariff policy has dampened market sentiment, triggering a massive selloff in the broader financial market. However, with recent indications of further tariff relief, the investors seem to be entering the digital assets space again today.
BTC Price Today Soars Amid Trump’s Tariff Relief
Bitcoin price surged nearly 2% today as global financial markets reacted to recent comments from Donald Trump. The US President hinted at easing certain trade barriers, sparking renewed interest in digital assets. Investors, previously spooked by tariff escalations, appear to be shifting focus back to crypto.
Bitcoin traded at $85,896k, after touching a high of $85,926 in the last 24 hours. However, its one-day volume fell nearly 6% to $28.58 billion while CoinGlass data showed that BTC Futures Open Interest rose around 1%, reflecting renewed market confidence.
Meanwhile, this rebound in the financial market comes as Trump suggested possible exemptions from the steep 25% tariffs on imported vehicles. This potential relief for key partners like Mexico and Canada has calmed nerves in a market rattled by protectionist policies.
According to reports, Trump’s administration has also walked back some earlier tariffs. Notably, gadgets like smartphones, laptops, and other tech products from China are now off the hook.
However, despite the softer rhetoric, uncertainty looms. Reports suggest the administration may target new areas, such as pharmaceuticals and semiconductors. These sectors are critical to global trade and could face steep duties. Tensions with China remain high, with certain goods still facing tariffs up to 145%, while China maintains retaliatory measures of 125%.
Crypto Market In Focus
Amid the looming market uncertainty, investors are once again shifting their focus towards the digital assets space, especially Bitcoin. Besides, the Trump administration is reportedly considering using tariff revenues to purchase BTC, which has further fueled market sentiment.
Besides, the recent meeting between Donald Trump and BTC president Nayib Bukele has further bolstered market sentiment. On the other hand, the US government is exploring ways to accumulate more BTC, according to Bo Hines, Executive Director of the Presidential Digital Asset Advisory Committee.
This move is part of President Trump’s commitment to make the US a global crypto leader. The government is considering using tariff revenues to fund a national Bitcoin reserve, signaling a potential shift in economic strategy.
With BTC currently trading near $86K, the administration’s plan could redefine digital assets’ role in the US economy. Besides, it could also help continue its run towards the run ahead.
Source: Michael van de Poppe, X
Meanwhile, as BTC price today recorded a robust surge, analyst Michael van de Poppe has shared key insights on the potential future trajectory of the coin. In a recent X post, Poppe said that if BTC breaks through $87K, it could potentially target $92K to $94K in the coming days.