XRP Lawsuit: Why the US SEC Is Delaying the Ripple Case?

Monicah W

XRP Lawsuit: Why the US SEC Is Delaying the Ripple Case?

The Securities and Exchange Commission’s (SEC) decision to drop lawsuits against several major crypto players has left the Ripple case as a notable exception. Recently, the US SEC dismissed litigations against Kraken, Cumberland, and Consensys, sparking curiosity about the status of the XRP lawsuit. Fox Business journalist Eleanor Terrett took to X to share insights on the possible reasons behind the SEC’s delay in the Ripple case.

Let’s take a closer look at the Ripple case and the SEC’s decision to exclude the platform while dropping lawsuits against other crypto companies.

Is US SEC Further Delaying the XRP Lawsuit?

In her recent X post, Fox Business reporter Eleanor Terrett shared insights on the possible reasons for the SEC’s delay in the XRP lawsuit. While the SEC intentionally missed Ripple while dismissing cases against other major firms, Terret stated that the move wasn’t surprising.

Emphasizing the unique circumstances of the Ripple case, Terrett stated, “No Ripple here but I’m not entirely surprised because, again, it is slightly different to these other cases.” The journalist pinpointed the complexities surrounding the XRP lawsuit unlike other crypto lawsuits.

The SEC’s approach to resolving the XRP lawsuit differs from other crypto cases due to an existing injunction. To move forward, the SEC must request Judge Torres to lift this injunction, allowing them to proceed with voting on the withdrawal of the appeal and other related matters.

SEC Dismisses Kraken, Cumberland, Consensys Cases

In a recent development, the US SEC officially announced the dismissal of the crypto lawsuits involving Kraken, Cumberland, and Consensys. This decision comes after the SEC filed a joint stipulation with each company. The filing agrees to dismiss the cases with prejudice, meaning they cannot be refiled.

It is noteworthy that the dismissal comes without any financial implications for the crypto firms. Dropping the lawsuits, the Commission underscored the irrelevance of the cases. However, the regulator clarified that its decision does not imply a change in its position on the underlying issues of the lawsuits.

As highlighted by Terrett, these dismissals do not impact or influence the ongoing XRP lawsuit. Meanwhile, the Ripple lawsuit is expected to follow specific procedures, which may lead to a delay in its conclusion. The settlement process for the Ripple lawsuit involves several steps. This includes the SEC’s request to lift the existing injunction and the subsequent voting on the withdrawal of the appeal.

Recently, attorney Fred Rispoli shared a possible timeline for the Ripple case settlement. He stated that the lawsuit will end within the next 60 days.

How This Delay in the Ripple Lawsuit Settlement Impact XRP Price?

Amidst the complexities and uncertain timeline surrounding the Ripple case settlement, the XRP price faces major corrections. As of press time, XRP is trading at $2.21, with a 5.38% dip in a single day. Over the past week and month, XRP has plummeted by 6.7% and 2.2%, respectively.

Despite this negative trend, a positive sentiment persists among investors, as indicated by a 17.6% surge in trading volume, currently at $3.85 billion. This sparks a bullish prediction for XRP, with analysts foreseeing its ascendance to $11.

The post XRP Lawsuit: Why the US SEC Is Delaying the Ripple Case? appeared first on CoinGape.

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XRP Price Impact if RLUSD Captures 10% of Citi’s 1.6T Stablecoin Market Forecast

XRP Price Impact if RLUSD Captures 10% of Citi's 1.6T Stablecoin Market Forecast

Citi Group’s April 2025 report “Digital Dollars” noted that the stablecoin market could grow to be a $1.6 trillion sector. If Ripple’s RLUSD captures even a meagre 10% of the $1.6 trillion stablecoin market, how will it impact XRP price?

Despite Ripple being a new entrant to the stablecoin sector, RLUSD market capitalization has grown to a staggering $300 million since its launch in December 2024. XRP token is a bridge currency that helps transfer value from RLUSD to another currency like the US dollar, Yen, Euro, etc.  Hence, if RLUSD manages to capture 10% of $1.6 trillion, aka, $160 billion, it could most definitely have a positive impact on XRP price.

Ripple price today trades around $2.16, dropping 5.2% in the past 24 hours.

XRP Price Reaction if Ripple’s RLUSD Captures 10% of $1.6 Trillion Stablecoin Market?

Citigroup, a top American bank, published a report on how the stablecoin market could grow to be a $1.6 trillion sector by 2030. This estimate is a 556% surge from the current level of $244 billion. The current stablecoin market is dominated by the likes of Tether (USDT) and USD Coin (USDC), which are likely to maintain their dominance.  However, newer stablecoins like Ripple USD (RLUSD) could gain ground after Trump’s endorsement of USA cryptocurrencies.  Although RLUSD was launched in December, it has already hit $300 million in market cap.

Unlike USDT, USDC and other stablecoins, the connection between XRP & RLUSD is something interesting. XRP is used as a bridge currency when a user wants to send RLUSD across borders, which will include conversion of RLUSD to XRP and XRP to the required currency, like EUR, GBP, YEN, and so on.

To be precise, if RLUSD market cap hits $160 billion, a 53,000% increase from the current level of $300 million, its daily volume would also spike from $50 million to roughly $26 billion. Let’s assume three scenarios to determine the price impact on XRP.

  1. If 10% of the daily RLUSD volume is bridged via XRP: The token’s volume would triple to $4.5 billion from an average of $1.5 billion. The impact of this could push XRP price up between 50% to 200%, i.e., XRP price could hit $3.24 to $6.48.
  2. If 25% of RLUSD volume is bridged via XRP: The token’s volume would hit $8 billion per day and XRP price could shoot up to a range of $6.48 to $10.80.
  3. If 50% of RLUSD volume is bridged via XRP: XRP’s daily volume could reach a staggering $15 billion. In such a case, the FOMO and frenzy could cause XRP price to hit $10.80 to $21.60.

To conclude, if Ripple’s RLUSD captures 10% of the $1.6 trillion stablecoin market, it could push the XRP price to reach $6 to $12. The token could reach the $12 to $20 range in a highly bullish case.

Such an increase would impact the Ripple price in various ways. First, it would help Ripple to achieve its goal of taking market share from the SWIFT network. Second, it would also boost the network activity and fees of the XRP Ledger network. Further, the RLUSD growth would help to boost the XRP price and the burn rate, and boost its deflationary goals since part of the fees are incinerated

Ripple Price Short-Term Prediction: Extremely Bullish Above $3.4

The long-term XRP price forecast is bullish, with some analysts predicting that it will rise as high as $15. The growth of its ecosystem, especially RLUSD, will help to supercharge this growth.

The weekly chart paints a long-term bullish outlook for Ripple. It formed a cup-and-handle-like chart pattern with the upper side at $1.9822. It has retested the upper side of this pattern, pointing to a continuation ahead.

XRP has remained above the 50-week moving average, which has provided crucial support in the past few months. Therefore, although it’s too early to predict, there is a likelihood that the coin will continue to soar in the near term. Further gains will be confirmed if the coin rises above its year-to-date high of $3.40. Such a move will boost the XRP price forecast to $5.

XRP Price Chart
XRP Price Chart

A drop below the key support at $1.6075 will invalidate the bullish view of Ripple price. This invalidation point is the lowest level this week and also along the 50-week moving average. A drop below that level will point to more downside, potentially to $1.

The post XRP Price Impact if RLUSD Captures 10% of Citi’s 1.6T Stablecoin Market Forecast appeared first on CoinGape.

Shiba Inu Update: Newest Crypto Innovation Leaves Meme Coins Struggling To Compete

rollblock

The post Shiba Inu Update: Newest Crypto Innovation Leaves Meme Coins Struggling To Compete appeared first on Coinpedia Fintech News

The Shiba Inu price prediction isn’t what it used to be. Meme coins have fallen from favor, and Shiba Inu has seen its market cap plummet in the past three months from nearly $20 billion to a whisker above 7 billion. This is bad news for meme coins but great news for other cryptos, as innovative tokens with real-world applications are starting to take over. In that regard, Rollblock has acquired almost $11 million in liquidity, a sterling start to a coin with the potential of a massive market cap. 

Rollblock (RBLK): New GambleFi viral hit outshines meme coin market

Everyone wants to go viral, and one has to tip a hat to Rollblock, a new GambleFi token that has done just that. It is trending on X and getting covered on YouTube, and it has gained over $10.8 million in liquidity thus far.

Source: YouTube

Rollblock is a new online gambling platform ushering in a new era of online gaming. Built on the Ethereum blockchain, giving this online casino unparalleled transparency and security, the Rollblock play-to-earn platform is an absolute game changer. Anything from traditional casino games to bespoke Web3 games of skill and chance to live sports betting on many events held across the planet, Rollblock offers over 7,000 games to its global audience.

And now, to raise liquidity, Rollblock is holding a presale of its RBLK token. If investing in the $540 billion online gambling sector is not reason enough to get behind Rollblock, it is sweetening the deal with a weekly dividend. All token holders will get a share of the income generated by the online casino every week! And what’s more, RBLK tokens can even be staked for massive APY rewards.  

Fifty thousand investors have already thrown their weight behind Rollblock, and the future of this new GambleFi token looks incredibly bright. Presales have a habit of returning results of 10x and even 100x. Considering Rollblock’s product offering and passive income, 10x is definitely on the cards, and 100x may be a conservative estimate. This token has the potential to become a top-20 token by market cap and could outshine even Shiba Inu in that regard. 

Shiba Inu (SHIB): Shiba Inu price prediction quadruples, but then what?

The Shiba Inu price prediction used to be exceptionally bullish, but market trends have proven that meme coins have fallen out of vogue. The novelty has worn off, and the end of the road is near. Looking at Coincodex, there’s still some hope left for Shiba Inu, as the meme coin is predicted to return almost 4x this year, and that is great, isn’t it?

But the same Shiba Inu price prediction has the token dropping to present levels by the end of the year. There is no getting away from it: the Shiba Inu market cap took a hit. While the market cap fell 65% in the past three months, which is bad enough, the bigger picture is even more disheartening. The Shiba Inu market cap peaked at over $42 billion in 2021, and its current measure of $7.6 billion is 82% below peak levels. These are not the signs of a coin in good health. 

Source: coingecko

But this extends beyond Shiba Inu and into the meme coin market as a whole. Memes just are not cool anymore. Fortunately, the rest of the crypto market is in great shape, and coins like Rollblock can take the industry forward. 

Conclusion

Investors are forced to look elsewhere as the meme coin market cap plummets like a stone, taking tokens like Shiba Inu with it. Fortunately, Rollblock is offering a great way to ensure both short-term gains and long-term sustainability with its RBLK utility token. 

Rollblock is now available at $0.061 directly from the website. 

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/Socials: https://linktr.ee/rollblockcasino

The post Shiba Inu Update: Newest Crypto Innovation Leaves Meme Coins Struggling To Compete appeared first on Coinpedia Fintech News
The Shiba Inu price prediction isn’t what it used to be. Meme coins have fallen from favor, and Shiba Inu has seen its market cap plummet in the past three months from nearly $20 billion to a whisker above 7 billion. This is bad news for meme coins but great news for other cryptos, as …

BloFin Makes a Grand Statement as Title Sponsor at TOKEN2049

BloFin, the leading futures trading exchange, made a bold statement as the Title Sponsor at TOKEN2049 Dubai 2025, marking its third consecutive year of sponsorship.

At this year’s TOKEN2049, BloFin joins top exchanges including OKX, Binance, and KuCoin as a Title Sponsor, marking another milestone in its global expansion and industry recognition. From a Platinum Sponsor last year to a Title Sponsor this year, BloFin’s elevation in status reflects the brand’s growing ambition and commitment to the cryptocurrency industry. The company has also made significant strides in its offerings, showcasing multiple brand advancements, including launching sub-accounts, achieving ISO 27001 certification, and becoming the fourth exchange in the industry to complete the Unified Trading Account feature.

BloFin’s presence was prominent throughout the venue, from the entrance and exclusive registration counter to the welcome bags and key areas across the event space. The team engaged with industry leaders, partners, traders, and KOLs, fostering insightful conversations and building meaningful relationships to drive future crypto growth.

Finny Takes the Spotlight: BloFin’s Mascot Shines as the Star of TOKEN2049

A standout moment at TOKEN2049 was the official debut of Finny, BloFin’s newly unveiled mascot. Designed as a meme-worthy space whale, Finny quickly became a crowd favorite and a visual symbol of BloFin’s unique brand identity. Finny symbolized BloFin’s commitment to protecting whales and embodied the brand’s aspirations to the moon. With its captivating design, Finny became the event’s most talked-about character, further solidifying BloFin’s connection with the crypto community.

The First-ever Whale’s Rave: Arcadia Side Event of TOKEN2049 Concludes Successfully, Marking the Beginning of Exciting Collaborations with Luke Belmar

The Whale’s Rave: Arcadia event, presented by BloFin, quickly became the most talked-about side event of TOKEN2049 Dubai 2025, drawing nearly 1,000 attendees worldwide. This year also marked a historic collaboration between BloFin and renowned crypto investor Luke Belmar,  taking the event to its peak and pushing its excitement to new heights.

Whale’s Rave: Arcadia was this exclusive event’s first edition, leaving an indelible mark on every attendee. The event redefined what crypto industry gatherings could look like, featuring premium whale-tier merchandise, an exclusive Whale’s Club-only gift, and the debut of BloFin’s beloved mascot Finny. BloFin also showcased a series of brand-defining performances, further solidifying the brand’s position as an innovator within the space.

In line with its continued growth, BloFin unveiled its all-new 2025 merchandise collection, designed exclusively for the crypto elite. The collection features eight unique items, including the coveted BloFin Top Whales Necklace and Ring Bundle, Whale’s Trading Journal, Gym Bag, Finny T-shirts, and exclusive Whale Club-only merchandise for VIP traders.

“We are incredibly excited about the success of the first-ever Whale’s Rave,” said Matt, CEO of BloFin. “It was an unforgettable moment to celebrate with our global community and partners. We were also pleased to share major product updates, including our Unified Trading Account, Sub-Account features, and the upcoming BloFin Card. We look forward to seeing everyone again in Singapore.” “It was the most fun and craziest party of the week!” as described by BeInCrypto and CoinTelegraph.

As the flames of the event burned bright, BloFin remains focused on its mission to create unforgettable experiences for its community and build a future where Whales Are Made.

With sights set on TOKEN2049 Singapore, BloFin is preparing to elevate its presence further, headlined by a large-scale, thousand-person celebration and deeper engagement with industry leaders. As BloFin expands its global reach and solidifies its role at the forefront of digital finance, the world can anticipate the next bold chapter from the brand that continues to prove: this is where whales are made.

Follow BloFin X｜Instagram｜YouTube｜Telegram

About BloFin

BloFin is a top-tier cryptocurrency exchange that specializes in futures trading. The platform offers 480+ USDT-M perpetual pairs, spot trading, copy trading, API access, unified account management, and advanced sub-account solutions. Committed to security and compliance, BloFin integrates Fireblocks and Chainalysis to ensure robust asset protection. By partnering with top affiliates, BloFin delivers scalable trading solutions, efficient fund management, and enhanced flexibility for professional traders. ​As the constant sponsor of TOKEN2049, BloFin continues to expand its global presence, reinforcing its position as the place “WHERE WHALES ARE MADE.” For more information, visit BloFin’s official website.

The post BloFin Makes a Grand Statement as Title Sponsor at TOKEN2049 appeared first on BeInCrypto.