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Ripple faces a $125M fine for institutional XRP sales, but a federal judge confirms that XRP is not a security in programmatic sales to retail clients. This crucial ruling marks a significant win for Ripple, as the SEC's appeal on this part of the case was unsuccessful. What does this mean for the future of XRP and the crypto market? Share your insights! 🚀💬
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Ripple Fined $125 Million For Institutional Sales Of XRPAccording to CoinDesk, a federal judge has imposed a $125 million fine on Ripple after determining that its institutional sales of XRP violated federal securities laws. District Judge Analisa Torres of the Southern District of New York issued the penalty following her finding that 1,278 institutional sale transactions by Ripple breached securities regulations. This fine is significantly lower than the $1 billion in disgorgement and prejudgment interest and $900 million in civil penalties initially sought by the SEC.The judge reiterated her stance that Ripple's programmatic sales of XRP to retail clients through exchanges did not violate federal securities laws. The SEC's attempt to appeal this part of the ruling was unsuccessful during the case proceedings. In addition to the fine, Judge Torres imposed an injunction against future securities law violations by Ripple. She noted that while she is not making a judgment that Ripple has violated any laws since the SEC filed its lawsuit, the company's actions suggest a likelihood of future violations.The injunction requires Ripple to file a registration statement if it plans to sell any securities in the future. The SEC is expected to appeal the July 2023 ruling now that the judge has imposed a sentence, following the denial of the SEC's motion for an interlocutory appeal last year. The SEC and Ripple had previously settled charges related to CEO Brad Garlinghouse and other executives after the interlocutory appeal was denied. Following the judgment, the price of XRP saw a slight increase, rising by 3 cents or approximately 2%.

Ripple Fined $125 Million For Institutional Sales Of XRP

According to CoinDesk, a federal judge has imposed a $125 million fine on Ripple after determining that its institutional sales of XRP violated federal securities laws. District Judge Analisa Torres of the Southern District of New York issued the penalty following her finding that 1,278 institutional sale transactions by Ripple breached securities regulations. This fine is significantly lower than the $1 billion in disgorgement and prejudgment interest and $900 million in civil penalties initially sought by the SEC.The judge reiterated her stance that Ripple's programmatic sales of XRP to retail clients through exchanges did not violate federal securities laws. The SEC's attempt to appeal this part of the ruling was unsuccessful during the case proceedings. In addition to the fine, Judge Torres imposed an injunction against future securities law violations by Ripple. She noted that while she is not making a judgment that Ripple has violated any laws since the SEC filed its lawsuit, the company's actions suggest a likelihood of future violations.The injunction requires Ripple to file a registration statement if it plans to sell any securities in the future. The SEC is expected to appeal the July 2023 ruling now that the judge has imposed a sentence, following the denial of the SEC's motion for an interlocutory appeal last year. The SEC and Ripple had previously settled charges related to CEO Brad Garlinghouse and other executives after the interlocutory appeal was denied. Following the judgment, the price of XRP saw a slight increase, rising by 3 cents or approximately 2%.
XRP analysis Zoom out the chart. low IQ's never understand Sir's. My buying is $0.40. and adding more XRP at $ 0.60.#XRPVictory $BTC (click folow button for more content)
XRP analysis

Zoom out the chart.

low IQ's never understand Sir's.

My buying is $0.40. and adding more XRP at $

0.60.#XRPVictory $BTC

(click folow button for more content)
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BlackRock’s Spot Ether ETF Amasses Nearly $900M Since Launch! 💰 📊 BlackRock's Spot Ether ETF has accumulated almost $900 million in assets since its launch, showcasing strong investor interest and confidence in Ethereum. 🚀 🌟 This significant milestone reflects the growing acceptance of Ethereum as a key player in the financial market and its potential for long-term growth. 📈 🔍 The success of this ETF could pave the way for more institutional investments in Ethereum, further solidifying its position in the crypto ecosystem. 🌐 LIKE 👍 SHARE ⚡ FOLLOW 👈 THANK YOU ALL 🫂 #BinanceTournament #BinanceTurns7 #MtGoxJulyRepayments #XRPVictory #Write2Earn! $BTC $ETH $TON
BlackRock’s Spot Ether ETF Amasses Nearly $900M Since Launch! 💰

📊 BlackRock's Spot Ether ETF has accumulated almost $900 million in assets since its launch, showcasing strong investor interest and confidence in Ethereum. 🚀

🌟 This significant milestone reflects the growing acceptance of Ethereum as a key player in the financial market and its potential for long-term growth. 📈

🔍 The success of this ETF could pave the way for more institutional investments in Ethereum, further solidifying its position in the crypto ecosystem. 🌐

LIKE 👍 SHARE ⚡ FOLLOW 👈
THANK YOU ALL 🫂

#BinanceTournament #BinanceTurns7 #MtGoxJulyRepayments #XRPVictory #Write2Earn!

$BTC $ETH $TON
$TON is LIVE on #Binance ! 🚀 Huge news for the crypto community! #TON has officially been listed on Binance, and it's already making waves. The token is currently trading at $6.29, up a whopping 15.70% today! 🤯 With a 24-hour trading volume surpassing $1 billion, TON has quickly climbed to the 8th spot in terms of market cap, right behind $XRP . 🔥👀 So, have you jumped on the TON train yet? 🫠 Share your thoughts and experiences in the comments below! Let's discuss the potential of TON and how this Binance listing might impact the market. DYOR! #Altcoins #TONonBinance #XRPVictory
$TON is LIVE on #Binance ! 🚀
Huge news for the crypto community! #TON has officially been listed on Binance, and it's already making waves.
The token is currently trading at $6.29, up a whopping 15.70% today! 🤯 With a 24-hour trading volume surpassing $1 billion, TON has quickly climbed to the 8th spot in terms of market cap, right behind $XRP . 🔥👀
So, have you jumped on the TON train yet? 🫠 Share your thoughts and experiences in the comments below! Let's discuss the potential of TON and how this Binance listing might impact the market. DYOR! #Altcoins #TONonBinance #XRPVictory
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Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square.
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This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 200 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
XRP rockets 26% as Ripple execs hail $125M penalty as ‘victory’{spot}(XRPUSDT) The price of $XRP surged 26% as a New York federal judge moved closer to ending a three-year securities lawsuit against Ripple Labs, in what its executives are calling a “victory” for the industry. #XRPVictory On Aug. 7, a federal judge ordered Ripple Labs to pay a $125 million civil penalty and said the firm was “permanently restrained and enjoined” from violating United States securities laws as part of a case brought by the Securities and Exchange Commission. Cointelegraph reported that the ruling seemingly puts Ripple’s case with the SEC in its final stages since the regulator initially filed the lawsuit in December 2020. Upon the news, $XRP (XRP) rallied 26% to $0.63, recouping most of its losses from the broader crypto downturn since Aug. 5, according to CoinMarketCap data. #CMCCryptoAwards2024 At the time of publication, XRP is trading at $0.59. XRP is up 44.88% over the past 30 days. Source: CoinMarketCap If the momentum continues and the price hits $0.65, another $20 million in short positions could be liquidated. $XRP This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

XRP rockets 26% as Ripple execs hail $125M penalty as ‘victory’

The price of $XRP surged 26% as a New York federal judge moved closer to ending a three-year securities lawsuit against Ripple Labs, in what its executives are calling a “victory” for the industry. #XRPVictory
On Aug. 7, a federal judge ordered Ripple Labs to pay a $125 million civil penalty and said the firm was “permanently restrained and enjoined” from violating United States securities laws as part of a case brought by the Securities and Exchange Commission.
Cointelegraph reported that the ruling seemingly puts Ripple’s case with the SEC in its final stages since the regulator initially filed the lawsuit in December 2020.
Upon the news, $XRP (XRP) rallied 26% to $0.63, recouping most of its losses from the broader crypto downturn since Aug. 5, according to CoinMarketCap data. #CMCCryptoAwards2024
At the time of publication, XRP is trading at $0.59.

XRP is up 44.88% over the past 30 days. Source: CoinMarketCap

If the momentum continues and the price hits $0.65, another $20 million in short positions could be liquidated. $XRP

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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Price: $ETH $2,342 (-4% in 24hrs) Bullish days: 50.49% All-time high: $4,786 (2yrs 8mos ago) Current price: -51.07% from ATH ETH is down 4% in the last 24hrs, trading at $2,342. While it has had its fair share of bullish days (50.49%), it's still 51% off its all-time high. Keep an eye on this one! #ETH🔥🔥🔥🔥 #Saminakhan #MarketDownturn #XRPVictory
Price: $ETH $2,342 (-4% in 24hrs)
Bullish days: 50.49%
All-time high: $4,786 (2yrs 8mos ago)
Current price: -51.07% from ATH
ETH is down 4% in the last 24hrs, trading at $2,342. While it has had its fair share of bullish days (50.49%), it's still 51% off its all-time high. Keep an eye on this one!
#ETH🔥🔥🔥🔥 #Saminakhan #MarketDownturn #XRPVictory
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#XRPVictory PEPE 🥰🥰🥰🥰🥰🥰0.00000781 Percentage Change: -2.98% Trend: Neutral Support Levels: - 0.00000750 (strong support) - 0.00000720 (moderate support) Resistance Levels: - 0.00000800 (moderate resistance) - 0.00000850 (strong resistance) Technical Indicators: - RSI (14): 42.12 (neutral) - Bollinger Bands: Price is near the lower band, indicating potential oversold conditions - Moving Averages: 50-day MA (0.00000814) is above the 100-day MA (0.00000793), indicating a bearish crossover Analysis: PEPE is currently in a neutral trend, with a -2.98% drop in price. The support levels at 0.00000750 and 0.00000720 may provide a bounce-back opportunity. However, the resistance levels at 0.00000800 and 0.00000850 may limit the upside. The neutral RSI reading suggests that the price may consolidate before making a move. The Bollinger Bands indicate potential oversold conditions, which could lead to a short-term price increase. The bearish crossover of the 50-day and 100-day moving averages suggests that the downtrend may not continue further. Recommendation: Based on the technical analysis, a short-term buy opportunity may arise if the price bounces off the support levels. However, the overall trend remains bearish, and a long-term sell strategy may be more appropriate. Please note that this analysis is for informational purposes only and should not be considered as investment advice. $BTC $ETH $USDC 😍😍😍😍😍😍
#XRPVictory PEPE 🥰🥰🥰🥰🥰🥰0.00000781
Percentage Change: -2.98%
Trend: Neutral
Support Levels:
- 0.00000750 (strong support)
- 0.00000720 (moderate support)
Resistance Levels:
- 0.00000800 (moderate resistance)
- 0.00000850 (strong resistance)
Technical Indicators:
- RSI (14): 42.12 (neutral)
- Bollinger Bands: Price is near the lower band, indicating potential oversold conditions
- Moving Averages: 50-day MA (0.00000814) is above the 100-day MA (0.00000793), indicating a bearish crossover
Analysis:
PEPE is currently in a neutral trend, with a -2.98% drop in price. The support levels at 0.00000750 and 0.00000720 may provide a bounce-back opportunity. However, the resistance levels at 0.00000800 and 0.00000850 may limit the upside.
The neutral RSI reading suggests that the price may consolidate before making a move. The Bollinger Bands indicate potential oversold conditions, which could lead to a short-term price increase.
The bearish crossover of the 50-day and 100-day moving averages suggests that the downtrend may not continue further.
Recommendation:
Based on the technical analysis, a short-term buy opportunity may arise if the price bounces off the support levels. However, the overall trend remains bearish, and a long-term sell strategy may be more appropriate.
Please note that this analysis is for informational purposes only and should not be considered as investment advice.
$BTC $ETH $USDC 😍😍😍😍😍😍
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Test Your BTC Intuition and Win Up To $5,000 USDC in Rewards!
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Big news!
$XRP lawsuit is settled!

The #SEC asked for more than a billion in fines, but they only need to pay $125 million.
Big victory for Ripple and crypto. The XRP lawsuit has concluded with a total penalty of only $125 million. Initially, the SEC had sought a fine of $2 billion, so this amount has been received positively.
XRP experienced a 25% increase as a result. However, it still has a long way to go to reach its all-time high (ATH).

#BlackRockETHOptions $BTC
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🟢🛑 Why You Shouldn’t Invest Your Entire Income in Crypto 🛑🟢 A follower recently told me they were planning to invest their entire salary in cryptocurrency. This is a dangerous strategy that can lead to financial ruin, leaving you with empty pockets and no savings. Investing a portion of your income in crypto and stocks can be a smart move. However, putting all or most of your earnings into these volatile markets is extremely risky. Cryptocurrencies can offer high returns, but they can also result in significant losses. Investing a large portion of your income can expose you to risks you may not be emotionally or financially prepared to handle, leading to costly, emotional mistakes. During the last bull market, I witnessed many people lose three to twelve months' worth of salary by investing recklessly. They often bought at high prices and sold at lows, driven by fear and greed. Don’t let this happen to you. Protect your financial future by avoiding the temptation to go all-in. Crypto enthusiasts may disagree with this advice, believing that cryptocurrencies are invincible and carry no long-term risks. However, this is a misconception. The key is to invest wisely, take profits strategically, and re-enter the market during the next favorable cycle. This is my personal opinion based on experience. If you found this advice helpful, please like, comment, share, and subscribe. Your support helps me continue providing valuable insights about the crypto market. You can also tip to support my work. Thank you for r#XRPVictory #TONonBinance #Write2Earn! #BinanceHODLerBANANA #BinanceTournament $BNB {spot}(BNBUSDT)
🟢🛑 Why You Shouldn’t Invest Your Entire Income in Crypto 🛑🟢
A follower recently told me they were planning to invest their entire salary in cryptocurrency. This is a dangerous strategy that can lead to financial ruin, leaving you with empty pockets and no savings.
Investing a portion of your income in crypto and stocks can be a smart move. However, putting all or most of your earnings into these volatile markets is extremely risky. Cryptocurrencies can offer high returns, but they can also result in significant losses. Investing a large portion of your income can expose you to risks you may not be emotionally or financially prepared to handle, leading to costly, emotional mistakes.
During the last bull market, I witnessed many people lose three to twelve months' worth of salary by investing recklessly. They often bought at high prices and sold at lows, driven by fear and greed. Don’t let this happen to you. Protect your financial future by avoiding the temptation to go all-in.
Crypto enthusiasts may disagree with this advice, believing that cryptocurrencies are invincible and carry no long-term risks. However, this is a misconception. The key is to invest wisely, take profits strategically, and re-enter the market during the next favorable cycle.
This is my personal opinion based on experience. If you found this advice helpful, please like, comment, share, and subscribe. Your support helps me continue providing valuable insights about the crypto market. You can also tip to support my work. Thank you for r#XRPVictory #TONonBinance #Write2Earn! #BinanceHODLerBANANA #BinanceTournament $BNB
🚨🚨😯😯PlayDoge Presale Nears $6M as Experts Forecasts Big Gains Josh BY JOSH August 8, 2024 - 11:29 am apojkgr PlayDoge (PLAY), the virtual pet game with a meme-worthy twist, is generating quite a buzz in the presale market. Its presale is on the verge of hitting the $6 million mark as investors rush to get in early. Many believe PlayDoge has the magic formula – but can it keep this momentum going until its DEX debut?#MarketDownturn #XRPVictory #TONonBinance #BlackRockETHOptions
🚨🚨😯😯PlayDoge Presale Nears $6M as Experts Forecasts Big Gains
Josh BY JOSH August 8, 2024 - 11:29 am
apojkgr
PlayDoge (PLAY), the virtual pet game with a meme-worthy twist, is generating quite a buzz in the presale market.
Its presale is on the verge of hitting the $6 million mark as investors rush to get in early.
Many believe PlayDoge has the magic formula – but can it keep this momentum going until its DEX debut?#MarketDownturn #XRPVictory #TONonBinance #BlackRockETHOptions
XRP Jumps 17%, Beating Bitcoin Gains, as Ripple-SEC Case Ends Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours. XRP surged 17% following a settlement in the case involving Ripple Labs and the U.S. Securities and Exchange Commission (SEC). This led to a jump in its price from 50 cents to 65 cents and a significant increase in trading volumes. The settlement involved Ripple paying $125 million in civil penalties and agreeing to an injunction against future securities law violations, although an appeal by the SEC is expected, potentially extending the legal proceedings. #TONonBinance #XRPVictory #BinanceTournament
XRP Jumps 17%, Beating Bitcoin Gains, as Ripple-SEC Case Ends

Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours.

XRP surged 17% following a settlement in the case involving Ripple Labs and the U.S. Securities and Exchange Commission (SEC). This led to a jump in its price from 50 cents to 65 cents and a significant increase in trading volumes.

The settlement involved Ripple paying $125 million in civil penalties and agreeing to an injunction against future securities law violations, although an appeal by the SEC is expected, potentially extending the legal proceedings.
#TONonBinance #XRPVictory #BinanceTournament
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