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Key Highlights from Ripple CEO’s "60 Minutes" Interview During his much-anticipated appearance on the "60 Minutes" program, Ripple CEO Brad Garlinghouse stated that the cryptocurrency industry was not seeking to get deregulated. "We haven't been asking to be deregulated. We've been asking to be regulated," Garlinghouse told host Margaret Brennan. According to the Ripple boss, the cryptocurrency industry was simply asking for "clear rules of the road." Garlinghouse recalled the FIT 21 bill, which aims to create a new regulatory framework for digital assets. The legislation was passed by the U.S. House of Representatives back in May. The "60 Minutes" episode also featured former SEC official John Reed Stark. During the interview, the famous critic of the industry described crypto as a "scourge." "Crypto is a scourge. It's not something that you want in your society. It's just pure speculation. There's no balance sheet to crypto. There's no financial statements," Stark said. The ex-SEC official also said that cryptocurrencies were securities. "I've read every case. I've read every motion. And judges have said over and over again that they are securities," he said. In turn, the Ripple CEO reiterated that existing securities laws are not suitable for the novel technology. While commenting on his interview, Garlinghouse claimed that "60 Minutes" "shockingly left out" the part about XRP not being a security. The Ripple head also slammed Stark as a Genser "shill" in response to Stark's anti-crypto comments. The price of the XRP token is down nearly 3% over the past 24 hours. Earlier this month, it reached a multi-year peak of $2.82. #Garlinghouse #ripple #altcoin #cryptomarket #cryptonews
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Key Highlights from Ripple CEO’s "60 Minutes" Interview
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Dogecoin's (DOGE) Parabolic Growth Signaled by 41% Whale Boost The price of Dogecoin (DOGE) recently experienced a mild correction, dropping from a high of $0.4675 to a low of $0.4393. At the time of writing, the price was down 3.17% in 24 hours to $0.4443. Despite this sell-off, the DOGE whale outlook looks promising, signaling an impending parabolic run ahead. Dogecoin whales and price reset According to data from IntoTheBlock, Dogecoin whale transactions are up by 41% to $23.35 billion. The digital currency has remained a favorite for market whales, as many banks are trying to accumulate more. Per ITB data, whale transactions are those worth $100,000 and above. Over the past 24 hours, more than 9,400 transactions were registered on-chain. In actual token terms, this figure comes in at 60.9 billion DOGE, with a dollar value of $23 billion. Dogecoin remains an attractive option for investors into the market, owing to its affiliation with Elon Musk. The meme coin remains the billionaire’s favorite, as he often shares posts that promote its growth on X. With Musk’s Department of Government Efficiency (D.O.G.E), Dogecoin is bound to get more social mentions, or attributions, in the long term. With this, the coin has what it takes not just to rebound but to soar in the near future. Leading meme coin outlook Dogecoin has continued to serve as a reference point for investors in the broader digital currency ecosystem. Over the past year, the coin has consistently traded as one of the top 10 coins by market capitalization, setting a major milestone for other meme coins to watch. #DOGE #Dogecoin #MemeCoinSeason #cryptomarket #CryptoNews
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Dogecoin's (DOGE) Parabolic Growth Signaled by 41% Whale Boost
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PEPE Price Records New All-Time High Amid Threat Of Profit-Taking PEPE hit a new ATH of $0.00002754, supported by strong inflows and investor optimism despite increased profit-taking trends. The Chaikin Money Flow (CMF) shows renewed buying interest, suggesting continued bullish momentum for the altcoin. Holding above $0.00002334 support is key; failing this level risks a decline toward $0.00001793, challenging the uptrend. PEPE has maintained strong bullish momentum, recently forming a new all-time high (ATH) of $0.00002754. The altcoin’s price action has stayed close to its ATH, supported by investor optimism. Sideways movement over the past weeks reflects resilience, even as profit-taking opportunities emerge, making PEPE a focal point in the crypto market. PEPE Forms New High Investor sentiment around PEPE is leaning toward profit booking, with approximately 38% of active addresses currently in profit. This trend often signals the potential for sell pressure as investors look to capitalize on their gains. With PEPE reaching a new ATH, this sentiment becomes even more pronounced as holders seek to lock in profits. Despite this, the broader market enthusiasm has kept PEPE’s momentum alive. However, sustained profit-taking could temper its bullish trajectory. Investors should remain vigilant, as an increase in sell-offs could lead to a cooling phase, even though the underlying sentiment remains optimistic. On the macro front, PEPE’s technical indicators highlight strong inflows, as evidenced by the Chaikin Money Flow (CMF) spiking over the past week. After nearly three weeks of muted activity, the CMF is now above the neutral line, suggesting increased buying interest. This uptick in inflows has contributed to PEPE’s ability to maintain its upward trajectory. The current position of the CMF indicates that investors are showing renewed confidence in PEPE. #PEPE #pepecoin🐸 #MemeCoinSeason #AltCoinSeason #CryptoNews
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