#Write2earn Crypto Weekly Recap: #Ripple , #Binance , and #Pepe in the Spotlight #weeklyRecap
$XRP $PEPE $BNB

Ripple vs the U.S. SEC: The Latest Updates

The ongoing legal battle between Ripple and the U.S. SEC took some intriguing twists this week. Speculations ran high about the imminent resolution of the lawsuit, fueled by Ashley Prosper's insights into the significance of the SEC's response during the remedies phase. The SEC submitted its final reply on May 6, drawing criticism from pro-XRP lawyer James Murphy for its perceived lack of substantial arguments regarding institutional investors' financial harm.

Binance's Crypto Ventures
Meanwhile, Binance, a prominent player in the crypto exchange landscape, made significant strides this week. The U.S. Department of Justice enlisted the Forensic Risk Alliance to monitor Binance Holdings following concerns about money laundering. Binance-related wallets were observed burning 222 million Terra Luna Classic tokens (LUNC), while Binance CEO Richard Teng advocated for the release of detained executive Tigran Gambaryan.

In the derivatives arena, Binance Futures announced delistings for various perpetual contracts and Indonesian Rupiah-backed stablecoin products. Notably, Binance also introduced Notcoin (NOT) as its 54th project on Binance Launchpool. Additionally, Binance's registration as a Financial Intelligence Unit (FIU) in India underscored its commitment to regulatory compliance and market expansion.

In the midst of recent events, Pepe coin has become a hot topic in the meme coin world. A smart money address snapped up 143 billion PEPE this week, sparking investor optimism. Despite already being on a bull run, the token saw increased accumulation, with a new whale buying 357 billion PEPE from Binance and others adding a total of 650 billion Pepe coin. This surge in activity has boosted Pepe coin's traction despite market turbulence, with expectations for a post-BTC halving price rally.