Price predictions 8/1: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, SUI
Bitcoin’s tight consolidation resolved to the downside, but the failure of the bears to sustain the lower levels could push the price to new all-time highs.
Bitcoin’s tight consolidation resolved to the downside, but the failure of the bears to sustain the lower levels could push the price to new all-time highs.
The Ripple vs. SEC lawsuit appears to be nearing its final stages, but the path is not yet clear. Although Ripple officially withdrew its cross-appeal in June and fulfilled its $125 million penalty obligation, the SEC has yet to do the same. This case has dwelled long in the minds of the members of the XRP community, and most recently, pro-XRP attorney Bill Morgan commented that while there is technically no hard deadline for the SEC to withdraw, a key date is now fast approaching. No Deadline, But the Clock Is Ticking According to pro-XRP lawyer Bill Morgan, August 15, 2025, serves as a procedural checkpoint for both Ripple and the SEC on their legal standoff. This is because they are required to submit a joint status report to the appellate court on that date, effectively making it the moment when the SEC will be expected to show its hand. Related Reading: Ripple Vs. SEC Battle At An End? What An Appeal Dismissal In August Would Mean For XRP Although the regulatory agency is under no legal obligation to dismiss its appeal by then, the deadline is a trigger for action, or at the very least, a formal update. He wrote that “the SEC needs to report to the appeal court by 15 August 2025, which acts as a deadline… although it may just ask for more time.” This delay has left the XRP community in a holding pattern since October 2024, when the SEC filed a notice of appeal on Judge Torres’ ruling. The major consensus is that the SEC would follow Ripple’s lead of dropping its cross-appeal. What Happens If The SEC Withdraws Or Doesn’t? The longer the SEC remains silent, the more uncertainty clouds the path forward, despite growing consensus that Judge Torres’s ruling in July 2023, which declared XRP not a security in secondary market trading to retailers, should now be finalized. The appeal has essentially allowed the case to drag on for two more years. Related Reading: Pro-Ripple Lawyer Reveals What The SEC Filing By Wellgistics Health Means For XRP If the SEC withdraws its appeal in the coming days, that action will cement the May 2023 ruling as final. This would not only end the multi-year legal battle but also unlock several long-awaited market developments. As noted by crypto commentator Vincent Van Code, over 1,700 companies tied to Ripple through NDAs may finally reveal partnerships and projects built on the XRP Ledger. Furthermore, legal clarity would also pave the way for institutional-grade products like Spot XRP ETFs waiting for approval, which in turn would cause a rapid increase in the price of XRP. However, if the SEC requests more time on or around August 15, it could delay this next phase of XRP’s growth and continue to keep XRP’s regulatory status in limbo. Although such a move wouldn’t reverse any legal victories Ripple has secured, it would prolong the uncertainty that is restraining confidence among investors. Featured image from iStock, chart from Tradingview.com
DeFi’s future depends on embracing institutional investors, whose capital, credibility and demand for stability are shifting DeFi from a speculative playground into a mature, trusted financial ecosystem.
Bitcoin’s bearish divergence signals a possible price correction toward $92,000, similar to the declines witnessed in 2020 and 2024.
ETH Liquidation Map Right Now Looks Like a Minefield for Shorts So I just pulled up the ETH liquidation map and… bruh. There’s more green above the current price than in a Minecraft forest biome. We're sitting around $3600 and apparently, there’s a short apocalypse waiting just $200 above us. It's like all the shorts…
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Tokyo-listed Metaplanet Inc. announced Friday it has filed a shelf registration statement to potentially issue up to ¥555 billion ($3.7 billion) worth of perpetual preferred shares, aiming to fund its strategy of acquiring more bitcoin. The move is part of the company’s ambitious “Bitcoin Plan,” targeting the accumulation of 210,000 bitcoin between 2025 and 2027. […]
Key Takeaways: Metaplanet seeks shareholder approval to issue up to ¥5.55 trillion ($35B) in preferred shares. The capital raise is tied to an aggressive plan to acquire 210,000 BTC by 2027. Despite the filing, no official decision has been made to issue the shares or list them. In a bold move that could reshape Japan’s…
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Bitcoin bulls are struggling to keep the market off new three-week lows despite a potential tailwinds coming from the US labor market.
After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail.