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Ripple, SEC agree to mutually abandon appeals, ending 5-year legal battle

Ripple's court battle with SEC concludes as both sides agree to drop appeals, marking a pivotal moment for crypto regulation.

CryptoSlate

Jun 28

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Happy Saturday!

A historic chapter in crypto regulation closes as Ripple and the SEC agree to drop all appeals, ending their five-year legal standoff and signaling a new era for XRP and the broader industry. Meanwhile, despite billions in corporate Bitcoin purchases, the price remains stubbornly flat as we unpack the hidden forces behind this puzzling trend. On the political front, Donald Trump touts Bitcoin’s role in easing pressure on the dollar, calling it a “great thing” for America’s crypto leadership. Stay informed with the latest developments shaping the digital asset landscape.

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The global crypto market cap is $3.3 trillion, with a 24-hour volume of $73.33 billion. The price of Bitcoin is $107,423.85, and BTC market dominance is 64.8%. The price of Ethereum is $2,438.37, and ETH market dominance is 8.9%. The best-performing sector is eCommerce, which gained 7%. The Crypto Fear & Greed Index is currently Greed (65).