American Bitcoin Corp., the Bitcoin mining company backed by Eric Trump, has announced it will go public through a merger with Gryphon Digital Mining, a company already trading on the Nasdaq. Once the deal is complete, the combined company will operate under the American Bitcoin name and trade with the ticker “ABTC.”
“Our vision for American Bitcoin is to create the most investable Bitcoin accumulation platform in the market,” said Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin.
Gryphon is a U.S.-based company focused on entering both bitcoin mining and AI. If all goes as planned, the transaction could be finalized by Q3 2025, with American Bitcoin’s current shareholders expected to own around 98% of the combined company. The leadership team from American Bitcoin will continue to lead the business after the merger.
Hut 8 Corp., which launched American Bitcoin earlier this year in partnership with Eric Trump, will also benefit from the merger. Their goal is to build the “world’s largest, most efficient pure-play Bitcoin miner”, while also building a strong Strategic Bitcoin Reserve.
CEO of Hut 8, Asher Genoot, believes that the move will unlock capital for further growth, while keeping the company’s finances strong, and will also give investors a chance to profit from Bitcoin’s long-term potential.
Earlier this year, Dominari Holdings announced a new project called American Data Centers to create computing systems for the AI industry. Eric Trump and Donald Trump Jr. are also investors in the project, and Eric is also on the advisory board of Dominari Holdings.
Although Trump has promised to make the U.S. the crypto capital of the planet, criticisms are increasing as Trump is getting more involved in crypto, which could lead to conflicts of interest, regulatory challenges, and ethical concerns.
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Ripple Labs has nearly closed its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). As part of the settlement, Ripple will pay a reduced fine of $50 million, while the SEC officially acknowledges that XRP is not a security on public exchanges.
This move positions XRP as the only clearly regulated cryptocurrency in the United States, igniting a wave of enthusiasm across the market.
Ripple vs SEC Settlement After Years of Legal Battle
After years of courtroom drama, the SEC has agreed to settle its lawsuit against Ripple Labs and its top executives, Brad Garlinghouse and Chris Larsen. Initially, Ripple was ordered to pay a fine of $125 million, but under the new deal, $75 million will be returned, and Ripple will only pay $50 million.
The SEC and Ripple will jointly ask the court to terminate the previous injunction, officially bringing an end to their legal dispute and cancelling ongoing appeals.
SEC Clarifies Stance: No Admission of Fault
In its press release, the SEC emphasized that while it is settling, this does not indicate it was wrong in its legal claims. Instead, the move signals a strategic shift in how the SEC approaches crypto regulation.
The agency further clarified that this settlement applies exclusively to Ripple and will not impact other crypto-related enforcement actions.
Regulatory Shift Under New US Administration
According to Italian crypto expert Fabio Zuccara, the Biden administration’s stance on crypto has evolved—shifting from “destructive” to “constructive.” He also highlighted that multiple crypto lawsuits have been dropped recently, indicating a more balanced regulatory direction.
XRP Becomes the Only Regulated Crypto In the United States
In a landmark development for the cryptocurrency sector, Ripple Labs has reached a settlement with the U.S. Securities and Exchange Commission (SEC), concluding a legal battle that began in December 2020. This resolution… pic.twitter.com/FezkSPLaXA
The news has caused a major surge in XRP trading activity. The daily trading volume spiked from $1.2 billion to $4.2 billion, and the price climbed rapidly:
May 1: $2.19
May 8: $2.32 (9.5% daily jump)
May 10: $2.37 (2.4% 24-hour surge)
In total, XRP has gained nearly 11.92% since May 8, and is up 7.6% over the last seven days.
Zuccara states that XRP now holds a unique advantage as the only crypto with legal clarity in the U.S.—a factor that may boost institutional investment and corporate adoption.
With the lawsuit behind them, Ripple is expected to resume global expansion, focusing on cross-border payments and liquidity solutions using XRP.
Earlier reports suggested the legal fight had distracted Ripple from its core business operations, but the company can now refocus on innovation and growth.
Institutional Interest in XRP Grows
Ripple’s legal clarity is already paying off. Recently, CFTC-regulated XRP futures products were launched in the U.S., signaling increased institutional confidence in the digital asset.
Conclusion
The Ripple-SEC settlement marks a historic turning point in U.S. crypto regulation. With XRP now legally recognized and regulated, it opens a new path for other crypto firms seeking similar clarity.As regulatory uncertainty fades, Ripple is poised for global growth, and XRP may emerge as the go-to digital asset for institutions and enterprises alike.
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The post Ripple vs SEC Settlement Makes XRP the Sole Regulated Crypto in The U.S appeared first on Coinpedia Fintech News
Ripple Labs has nearly closed its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). As part of the settlement, Ripple will pay a reduced fine of $50 million, while the SEC officially acknowledges that XRP is not a security on public exchanges. This move positions XRP as the only clearly regulated cryptocurrency …
Rumours of a Robinhood partnership with Arbitrum are confirmed, with the US-based financial services firm leaning on the blockchain to announce its own layer 2 (L2) solution. The buzz from the announcement has sent HOOD stock rallying by over 10% in the last day, while the Arbitrum price has gained double-digit percentages. Robinhood Teams Up
The cryptocurrency market is trading sideways today, with Bitcoin holding around $ 109,000 and Ethereum near $ 2,600. While majors consolidate, select altcoins are flashing breakout potential—driven by strong on-chain activity, rising TVL, or fresh catalysts like listings, unlocks, or ecosystem upgrades.
From Layer-2 leaders to trending meme coins and oracle networks, momentum is quietly building under the surface. In this article, we highlight four altcoins showing strong upside setups—not just technically, but fundamentally—making them top crypto to watch and potentially buy today.
Chainlink (LINK)
Chainlink exchange outflow volume surged by 281.9% over the past 30 days, marking one of the sharpest withdrawal spikes in recent quarters. This signals strong accumulation by large holders and a tightening of available supply — a key bullish driver ahead of LINK’s potential breakout above
Technically, LINKUSD is pressing against the upper Bollinger Band in a classic volatility squeeze. The MACD remains in bullish territory, and RSI has climbed to ~57, still leaving room for a sustained push higher.
The token has already flipped its 20-day and 50-day EMAs, and is now testing the 100-day EMA near $14.35. A breakout above $14.40 would open the door to a run toward the $15.10–$15.50 zone — an area aligned with its 200-day EMA and former supply levels.
Decentralised oracle provider Chainlink (LINK) is positioning itself for a potential breakout as both price action and on-chain behaviour align for a bullish move.
Over the past week, large holder outflows surged by 107.82%, according to IntoTheBlock data. This spike suggests whales are pulling LINK off exchanges, reducing liquid supply — a pattern often seen before major upside moves. These outflows align with a broader accumulation trend, as whales quietly reposition while retail remains relatively inactive.
Arbitrum (ARB)
Arbitrum ( ARB) has been picking up traction after Robinhood Europe integrated tokenized stocks and ETFs on its L2.
Daily active users on ARB are up ~25%, pointing to rising adoption beyond the usual DeFi crowdOn-chain usage is also ramping up, with daily active addresses on Arbitrum hitting 523K on June 30—its highest in over a year, per Artemis.
This reinforces that real user demand is building, not just speculative noise.
Meanwhile, Arbitrum’s TVL has bounced back above $2.75B, meaning more value is being locked in DeFi protocols on the chain—an indicator of renewed user and developer activity. Additionally, over $13.8B in assets have been bridged from Ethereum and other chains, showing that users are actively choosing Arbitrum to interact with decentralized apps.
On top of that, the Arbitrum DAO treasury holds over 22,000 ETH, giving the ecosystem financial stability and room to fund future development and incentive programs—something investors often view as a long-term strength.
From a price-action view, ARB is coiling just under resistance at $0.385–$0.390. A breakout above that zone could open the door to $0.44–$0.47, but failure to break may trigger a retest of the $0.31 or even $0.29 demand levels—especially with a major token unlock of ~92.65 million ARB (~1.87% of circulating supply) scheduled for July 16, which could temporarily add sell-side pressure.
Pepecoin ( PEPE)
The meme coin that sparked the 2023 altcoin cycle is showing signs of life again, with recent on-chain data pointing to renewed whale accumulation and decreasing exchange supply, often a precursor to a price breakout.
Social chatter and DEX flow activity are both trending higher, suggesting speculators are gearing up for volatility. Meanwhile, technicals show PEPE coiling in a clean ascending triangle since late June, with higher lows building under resistance at $0.0000105–0.0000108.
On the indicators front:
RSI is reclaiming the neutral 50 mark, hinting at rising bullish strength.
MACD flipped green and crossed bullish on July 6, gaining upward momentum.
If PEPE breaks above that $0.0000108 zone with volume, it opens the door toward $0.000013–0.0000145—a potential move of 25–40%.
But if bulls lose steam, support sits around $0.0000090, with invalidation near $0.0000083 where trendline support breaks.
While the broader market remains range-bound, these altcoins are showing early signs of movement—either through strong fundamentals, on-chain accumulation, or breakout-ready charts. Whether it’s Chainlink’s supply squeeze, Arbitrum’s rising L2 utility, or PEPE’s meme-fueled momentum, each pick offers a different angle in today’s shifting market. As always, timing matters—so watch those key levels closely.
The post Top 3 Cryptocurrency Altcoins To Buy Today – July 9, 2025 appeared first on Coinpedia Fintech News
The cryptocurrency market is trading sideways today, with Bitcoin holding around $ 109,000 and Ethereum near $ 2,600. While majors consolidate, select altcoins are flashing breakout potential—driven by strong on-chain activity, rising TVL, or fresh catalysts like listings, unlocks, or ecosystem upgrades. From Layer-2 leaders to trending meme coins and oracle networks, momentum is quietly …
