The US Securities and Exchange Commission (SEC) and Ripple have taken another step in their long-running legal battle as they look to put the XRP lawsuit to bed. This time, the Commission has filed a settlement letter, asking Judge Analisa Torres to set aside her judgment against the crypto firm.
XRP Lawsuit: SEC Asks Judge Torres To Adopt Settlement Agreement
In a court filing, the SEC requested an indicative ruling from Judge Torres pursuant to its settlement agreement with Ripple. As part of the ruling, the Commission asked that the Court dissolve the injunction it awarded against Ripple in the final judgment in the XRP lawsuit.
The agency also asked that Judge Torres order the release of the $125 million penalty ordered against Ripple from escrow. The SEC would receive $50 million in satisfaction of the monetary judgment, while Ripple would receive the remaining sum.
As CoinGape reported, the Appeal Court had earlier granted the SEC and Ripple’s joint motion to suspend proceedings in the appeal case, while they seek this indicative ruling from Judge Torres in order to finalize the settlement agreement.
Once Judge Torres agrees to grant the demands as requested, both parties will then ask the Court of Appeals for a limited remand for the purpose of seeking these reliefs from the District Court.
Upon a grant of this limited remand, the SEC and Ripple will then move to file motions and other necessary documents in the District Court which are necessary to request that the court grants the relief. Once the District Court enters these orders, both the SEC and Ripple will file to dismiss their appeal and cross-appeal, respectively, in the XRP lawsuit.
In the last 24 hours, the cryptocurrency market has experienced a drop of 3.7%. During the period, the Bitcoin market has declined by over 1.9%. Currently, the price of BTC stands at $89,003.65 – nearly 22.49% below its all-time high. In the last 30 days, the BTC price has dropped by over 8.7%. The recent price dip of the largest crypto by market cap has raised concerns. However, experts say that the bull run is far from over. Swan Bitcoin CEO Cory Klippsten predicts that the BTC price could surpass $109,000 by June. Here is everything you should know.
BTC’s Path to a New All-Time High
Klippsten thinks that Bitcoin has at least a 50% chance of reaching a new all-time high by June. He argues that BTC is still in a strong upward trend despite short-term drops.
He states that the market first needs to absorb macroeconomic uncertainties, including Trump’s tariff policies and inflation fears.
Macroeconomic Factors Impacting Bitcoin’s Price
On February 1, US President Donald Trump introduced an aggressive tariff policy against China, Canada and Mexico. The Trump administration imposed tougher import tariffs on these countries. Klippsten argues that the tariff policy has affected the BTC market severely. Since the day the tariff policy was introduced, the BTC price has slipped by approximately 14%.
He also states that inflation fears have influenced the Bitcoin market. However, he acknowledges that the current downtrend in the BTC market is short-term in nature.
Why This Is a Pause, Not the End of the Bull Run
Klippsten argues that Bitcoin’s momentum from its $100K breakout is still strong. He points out that institutional demand for BTC remains steady and strong. He also notes that long-term investors are not selling their holdings.
In December 2024, the month when the market touched the crucial milestone of $100K, the market showed a decline of -3.19%. In January 2025, the market recorded a monthly return of +9.54%. In February, it registered a return of -17.5%. This month, so far, the market has grown by 5.53%.
Impact of Trump’s Strategic Bitcoin Reserve Announcement
Recently, the Trump administration confirmed its plan to establish a crypto strategic reserve. It appears that the announcement has made no impact on the BTC market.
Experts believe that the lack of clarity regarding how much BTC the government would buy led to disappointment in the crypto community.
Bitcoin’s Expected Price Movements in the Coming Weeks
Analyst Timothy Peterson predicts that BTC will trade between $85,000 and $95,000 for 6 to 12 weeks. After that, the BTC price is expected to rebound to $100,000.
The post Bitcoin Price Prediction 2025: Will BTC Break $100K Again? appeared first on Coinpedia Fintech News
In the last 24 hours, the cryptocurrency market has experienced a drop of 3.7%. During the period, the Bitcoin market has declined by over 1.9%. Currently, the price of BTC stands at $89,003.65 – nearly 22.49% below its all-time high. In the last 30 days, the BTC price has dropped by over 8.7%. The recent …
While investors are bracing themselves for a Pi Network Price pump, one expert has predicted a start date for the rally. Cryptocurrency analyst Dr Altcoin says Pi Coin price will spike during the upcoming Consensus Summit, with Pi Network founder billed to deliver a keynote address.
Pi Network Price Eyes Massive Rally In May
According to an X post, cryptocurrency analyst Dr Altcoin is forecasting the start of a Pi Coin rally in mid-May. Dr Altcoin notes that investors can expect the start date of the Pi Network price during the Consensus Summit scheduled for May.
Dr Altcoin’s predictions differ from previous projections that tip the start of a Pi Coin rally toward late August. Investors previously hinged their hope for a price rally after the end of the Pi unlocking event, set to release 212 million Pi Coins.
However, Dr Altcoin is predicting the rally to begin much earlier in May, triggered by the momentum around the Consensus event. Dr Altcoin has previously revealed why Consensus 2025 will be pivotal for the Pi Network, given the sheer volume and calibre of attendees.
“I am fairly confident that the price pumping of Pi might start during the Consensus Summit (May 14-16, 2025) rather than at the end of August when Pi unlocking significantly reduces,” said Dr Altcoin.
Several Factors May Delay The Start Date Of The Price Rally
Dr Altcoin’s prediction for the launch of the Pi Network price rally in May faces a raft of challenges. Right out of the bat, the Pi Core Team (PCT) is racing against the clock to approve KYB applications before the start of Consensus 2025.
Furthermore, Dr Altcoin says the launch of decentralized applications (DApps) on the network before Consensus 2025 will support a price rally. While the PCT achieves the milestones before Consensus 2025, other external factors are angling to adversely affect Pi Network prices.
Dr Altcoin has raised alarm over shady activity on Banxa that may trigger artificial volatility for Pi Coin Price. Keen on playing its part to stabilize prices, the PCT has begun purchasing Pi Coins on centralized exchanges, mopping up over 48 million coins.
Currently, Pi Network trades at the $0.6 mark, holding the price level for over a week as investors scan the charts for signals of a seismic rally.
Furthermore, Dr Altcoin is hinging his resolve for a rally on seven Pi Network pros, including accessibility and sustainability perks. The cryptocurrency expert name-checks its security features, low gas fees, and regulatory compliance.
XRP has been down 2.6% in the last 24 hours, reflecting growing technical weakness across multiple indicators. Its price is below $2.40. Its RSI has sharply dropped into neutral territory, signaling fading momentum after nearly reaching overbought levels just one day prior.
The Ichimoku Cloud setup has turned bearish, with the price now trading below key support lines and under a red cloud, indicating increasing downward pressure. Adding to the concern, XRP’s EMAs are on the verge of forming a death cross, a bearish signal that could lead to deeper declines unless a strong recovery emerges.
XRP Loses Strength After RSI Falls Sharply From Near-Overbought Levels
XRP’s Relative Strength Index (RSI) has dropped to 46.72, falling from 64.86 just a day earlier, indicating a swift loss of upward momentum.
The RSI is a widely used momentum oscillator that ranges from 0 to 100. It helps traders identify overbought and oversold conditions.
Readings above 70 typically suggest an asset may be overbought and due for a correction, while values below 30 indicate oversold conditions that could lead to a bounce. Levels between 30 and 70 are considered neutral and reflect a lack of strong directional trend.
With XRP now sitting at 46.72, the token has returned to a neutral zone, signaling indecision and a potential pause in its previous upward move.
The sharp decline suggests weakening buyer interest, which could lead to further price consolidation or mild downside if market sentiment doesn’t improve.
For bullish momentum to resume, XRP would likely need a bounce in RSI toward the 60–70 range, supported by a broader recovery in crypto markets. Until then, price action may remain range-bound or slightly bearish.
Ichimoku Cloud Turns Bearish for XRP as Price Drops Below Key Lines
The Ichimoku Cloud chart for XRP shows a bearish shift in momentum. The price has broken below both the Tenkan-sen (blue line) and the Kijun-sen (red line), signaling a short-term trend reversal.
The price action is now positioned beneath the Kumo (cloud), which has transitioned from green to red—an indication that market sentiment is weakening and downward pressure is building.
The red cloud ahead suggests that bearish momentum could continue unless there’s a strong recovery to push the price back above the cloud.
Additionally, the Senkou Span A (leading green line) is trending downward, and the Senkou Span B (leading red line) is flat, showing a loss of bullish momentum and potential for range-bound or declining movement.
Although not clearly shown, the Chikou Span (lagging green line) appears to be below the price action, further confirming a bearish outlook.
Overall, the Ichimoku setup reflects increasing resistance and declining support, suggesting XRP is in a vulnerable technical position unless buyers step back in forcefully.
XRP Faces Bearish Risk as EMA Death Cross Looms
XRP recently approached the $2.50 zone but faced sharp rejection as Bitcoin’s sudden drop triggered a broader market pullback.
The selling pressure has weighed heavily on XRP’s structure, and its exponential moving averages (EMAs) are now converging in a way that suggests a potential death cross. This bearish crossover typically signals extended downside risk.
If confirmed, this pattern could open the door to a deeper correction, with key support levels at $2.32 and $2.28 in focus. A break below those zones could accelerate losses toward $2.12 and $2.07 if bearish momentum intensifies.
A push back toward the $2.449 resistance would be the first key test for bulls, and reclaiming $2.479 could open the way for a retest of the $2.65 level.
Such a move would likely require a broader recovery in crypto sentiment, particularly from Bitcoin, as well as a clear rejection of the looming death cross. Until then, the technical bias remains tilted to the downside.
