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Dogecoin On-Chain Activity Explodes Suggesting Bullish Breakout, Can It Keep Pace With Remittix?

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Dogecoin is shifting into next gear right now as on-chain activity explodes. It’s leading the meme coin charge with a solid 46% gain in the last 30 days, showing that the DOGE community still has plenty of gas in the tank. But even with that momentum, the data shows it can’t compare to what Remittix (RTX) is pulling off right now.

Remittix has shot up over 400% since its presale began, and investors everywhere are taking notice. With over $15 million raised and game-changing tech that blends crypto with real-world payments, RTX is quickly becoming a serious contender, even next to the big dogs like DOGE.

Dogecoin’s On-Chain Activity Surges

Dogecoin (DOGE) is heating up, now sitting at a market cap of $2.39 billion, with a 46% surge in the last 30 days. Even in the last week alone, DOGE jumped 10%, showing that the momentum is still rolling fast. With all this movement, many traders believe a bull run could be right around the corner.

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Looking at the technical side, most indicators are flashing “strong buy.” On-chain metrics are supporting that outlook too. Active addresses just hit over 469,000 on May 13, pointing to a big wave of user interest. Add to that the rise in open interest for futures and the bullish structure forming on the charts, DOGE is showing real breakout potential.

Right now, it’s trading around $0.22, bouncing back nicely from its recent dip to $0.16. The SEC’s acknowledgment of a 21Shares spot DOGE ETF filing may have helped spark investor excitement. Plus, Trader Tardigrade recently highlighted a bullish pennant pattern forming, with higher lows and RSI nearing 75.

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If DOGE clears the $0.25 resistance, we could see fireworks. This meme coin is showing signs that it might not be just a joke anymore; it’s getting serious.

Remittix: A New Contender in Cross-Border Payments

Remittix is gaining serious traction this quarter, and for good reason. It tackles a major real-world issue: how to send crypto and have it arrive as fiat in someone’s bank account. No exchanges, no headaches. Just crypto out, fiat in.

The platform is already ahead of the game, supporting 40+ cryptocurrencies and 30+ fiat currencies, making global payments smooth and simple. Whether sending funds or running a business, Remittix has been designed to make it seamless. A clean dashboard gives full control over settings, conversions, and supported crypto pairs, and Merchants can even use the Remittix Pay API to accept crypto and settle directly in fiat. 

UNLOCKING! 🔥 Remittix 🔥 A 2025 MUST-HAVE!

The presale is booming, with over $15 million raised, and more than two-thirds of tokens already sold. The current price is $0.0757, and momentum is building, driven by a $250K giveaway and strong transparency from the team.

With eyes on the $194 trillion cross-border payments market, Remittix could be the breakout name in crypto-fintech this year.

Comparing Dogecoin and Remittix: Different Paths to Growth

Dogecoin and Remittix are both gaining attention, but they’re taking very different routes. DOGE is riding a wave of meme-driven hype, technical bullish patterns, and ETF rumors. It’s up 46% this month and showing signs of a potential breakout above $0.25.

Remittix, on the other hand, is all about real-world use. It’s solving actual problems in cross-border payments, with over $15 million raised in its presale and strong investor confidence. While Dogecoin thrives on momentum and speculation, Remittix builds utility and adoption. One brings the hype, the other brings the tech.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

Binance Data: Investors Delaying Major Shifts between Stablecoin and Other Cryptocurrencies

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  • Binance stablecoin reserves have remained stagnant for the past year, suggesting investors are holding back from making big financial moves.
  • Recent Bitcoin price gains are yet to convince investors to pull their stablecoins and invest in other cryptocurrencies.
  • Investors are keeping a cautious stance until they receive more signals about the state of the economy.

A look at Binance’s stablecoin reserves shows that they’ve stayed within a narrow band over the past year, oscillating between $30 and $34 billion. The lack of growth in stablecoin reserves suggests that investors are reluctant to trade their stablecoins for other, riskier assets, such as Bitcoin and Ethereum.

Numbers in Binance Highlight a Steady Level of Stablecoin Reserves Since 2022

Also known as “fiat-backed currencies,” stablecoins are designed to retain their value by being linked to currencies like the U.S. dollar. They can be held by investors as a temporarily safe asset while they deliberate their next step in the market. 

A chart provided by Ali illustrates just how much investors are holding back their crypto activity right now. The chart reveals a comparison between two main lines, representing Bitcoin price and the amount of stablecoins held on Binance. 

Source: X @ali_charts

Binance’s Bitcoin price is shown on the black line, while the light grey line indicates the amount of ERC20 stablecoins stored on the exchange. Stablecoin reserves demonstrate a pattern of increasing and then leveling off from mid-2022 through to the present day. 

On the other hand, the black line indicates an uptrend in BTC prices even as investors remain hesitant and withhold large amounts of money from the market.

Stablecoin Reserve Levels Indicate the Length of Market Hesitation

At the moment the chart was published, Bitcoin prices stood at $103,599.71, with a 0.16% decline in the 24 hours time frame. As for stablecoin reserves, they stood at around $30.6 billion, having witnessed a slight dip of more than $227 million.

The slight fluctuation in the reserves indicates there have been few wholesale investor transactions in the market recently. Such few changes to the reserves suggest a combination of positive sentiment and continued market uneasiness.

Related Reading | Ripple’s RLUSD Gets Massive Boost as Banxa Unlocks Global Support

XRP At Crucial Support Level, Where Next For Price? One Crypto Shining Bright Is A New Rival

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XRP’s been doing pretty well lately, and right now it’s sitting at a key support level around $2.30. If it can push past $2.78, we might see it climb past $3 pretty quickly. There’s definitely a lot of buzz and momentum building up in the market.

At the same time, there’s a new player getting a lot of attention, Remittix. They’ve already raised over $15 million in their presale and are working on some seriously cool tech to make cross-border payments faster and cheaper. Definitely one to keep an eye on.

XRP price holds strong at key support: What’s the next step?

XRP has jumped 15% in the last 30 days, and with a market cap sitting at $5.52 billion, it’s holding its ground. But zoom in on the last 7 days, and it’s barely moved, just up 0.5%. That tells us one thing: the $2.38 support level is doing its job.

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Source – CoinMarketCap

Now, here’s where it gets interesting. If the XRP price pushes past the $2.78 resistance, we could be looking at a quick rise over $3. Momentum is building, and there are signs all over the market that a mini bull run might be on the way.

And despite a recent legal hiccup, Judge Analisa Torres denied a motion from the SEC and Ripple Labs, Ripple’s team isn’t worried. Chief Legal Officer Stuart Alderoty reminded everyone that XRP is not a security, and all past wins still stand. So while things look quiet on the surface, big moves could be coming fast.

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Remittix: The rising rival changing cross-border payments

Cross-border payments are a vital part of global trade, but they’re still painfully slow and expensive, even with today’s fintech options. According to the World Economic Forum, we’re long overdue for a better solution. That’s where Remittix ($RTX) steps in.

Remittix is doing what other cryptos haven’t. With its PayFi protocol, it lets anyone send crypto directly to bank accounts as fiat, no middlemen, no delays. Plus, its PayAPI makes it easy for merchants to accept crypto and get paid in fiat instantly.

🔥 DON’T MISS OUT 🔥 REMITTIX ($RTX) 🔥 The Future of Cross-Border Payments with Crypto!

This is a real game-changer, especially for the unbanked and underbanked. It’s faster, smoother, and way cheaper than traditional options, and that’s exactly why investors are rushing in. The presale is live now at $0.0757, and it’s already raised serious attention.

Remittix is also avoiding the legal grey areas XRP has had to deal with. It’s regulatory clean and appeals to both retail and institutional users, making it a true all-rounder. Some experts even predict a 2,500% surge once the token hits the big stage.

If you’ve been waiting for a project with real utility and big upside, Remittix might be your best shot.

XRP vs. Remittix: Two giants, different paths

While XRP has built a strong name in the cross-border payment space, it’s currently navigating regulatory hurdles that may slow its momentum. Remittix, on the other hand, is the fresh face with cleaner compliance and brand-new tech. 

XRP’s network is powerful, but Remittix’s PayFi and PayAPI protocols give it a major edge in converting crypto to fiat, fast and directly into bank accounts. Add in the lack of legal drama, and Remittix looks like the smoother, more efficient alternative. Investors are noticing this, too, especially with the presale offering a chance to get in early at just $0.0757.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix

Galaxy Digital’s Nasdaq Debut Signals Growth in Crypto and AI Sectors

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  • Galaxy Digital’s stock starts trading under ticker GLXY on Nasdaq.
  • Company shifts focus to AI and crypto as primary growth drivers.
  • Galaxy Digital plans to tokenize stock for integration into DeFi platforms.

Galaxy Digital, a digital currency investment firm, has now listed its shares on the Nasdaq Global Select Market. The firm started trading on the Nasdaq Global Select Market on May 16, 2025, under the ticker symbol GLXY. This marks a major step for Galaxy Digital’s previous attempts to list its shares on a major U.S stock market.

Galaxy Digital faced regulatory challenges in its previous attempts to list on Nasdaq, which slowed down the process. In 2020, Galaxy Digital listed on the Toronto Stock Exchange (TSX).

However, the company decided to move to the Nasdaq in order to increase its exposure in the extensive U.S. market. The company eventually secured a dual listing on the Nasdaq and TSX, which strengthened its presence in both the U.S. and Canadian markets.

Nasdaq Debut Accelerates Crypto and AI Expansion

Mike Novogratz, the founder and CEO of Galaxy Digital, noted the company’s Nasdaq debut as a major step for the digital asset industry. Novogratz said that Galaxy Digital is well-placed to expand its operations in both the cryptocurrency and AI sectors. He emphasized that the company would benefit from greater exposure in the U.S. market compared to Canada.

Galaxy Digital’s dual listing comes after four years of regulatory hurdles, which include nine rejections with the U.S. Securities and Exchange Commission (SEC). Novogratz disclosed that the company had invested more than $25 million in the approval process. However, he remains optimistic that Galaxy Digital’s current structure and approach will foster long-term growth.

The company’s market debut comes amid increased institutional interest in the crypto space. After the listing, Galaxy Digital’s stock opened at $23.50 per share. The listing reflects the increased confidence in the digital asset sector as more firms adopt blockchain technology.

Galaxy Digital Seeks to Tokenize GLXY stock

Moreover, Galaxy Digital seeks to tokenize its GLXY stock and make it available on decentralized finance (DeFi) applications. Galaxy Digital has initiated talks with the SEC to explore the listing of its shares on blockchain platforms. This allows the company to easily move Galaxy Digital’s stock to decentralized finance applications.

Novogratz highlighted the firm’s focus on cryptocurrency and AI to drive its growth. Galaxy Digital intends to leverage the increased demand for cryptocurrency and AI areas.

Galaxy Digital continues to monitor the developments in the regulatory environment. Novogratz believes that clear regulations will promote innovation and investment in the cryptocurrency market. He believes that Galaxy Digital will play an important role in the development and maturity of the cryptocurrency industry.

Related Reading | Ripple’s RLUSD Gets Massive Boost as Banxa Unlocks Global Support

Michael Saylor’s $40 Billion Bitcoin Gamble: How This Massive Accumulation Could Affect The Market

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The billionaire and co-founder of MicroStrategy, Michael Saylor, has become a household name in the cryptocurrency world for his unwavering belief in Bitcoin (BTC). On May 14, Michael Saylor shared a Financial Times podcast on X, titled “Michael Saylor’s $40 Billion Bitcoin Bet,” detailing MicroStrategy’s growth and his ambitious BTC strategy.

But Michael Saylor is not alone. As his Bitcoin (BTC) strategy grabs headlines, a new wave of investors is following his lead, seeking alternatives like FloppyPepe (FPPE), a rising digital asset gaining attention for its growth potential. This trend reflects a broader shift: investors are doubling down on digital assets, viewing them as a once-in-a-lifetime opportunity.

But what drives Michael Saylor’s relentless pursuit of Bitcoin (BTC), and how might his colossal holdings influence prices, investor behavior, and regulatory discussions?

Michael Saylor’s $40 Billion Bet: More Than Just Bitcoin (BTC)

Michael Saylor didn’t hold back in his response to the Financial Times’ portrayal of his strategy, particularly the controversial “infinite money glitch” segment. He clarified that his approach was far from reckless—it was a calculated financial maneuver. Michael Saylor explained that by issuing strategy stock at a premium and using the proceeds to acquire more Bitcoin (BTC), the company could effectively profit from the difference.

Michael Saylor proudly described himself as a “financial engineer,” representing a new class of professionals who are redefining corporate finance in the age of Bitcoin (BTC). Michael Saylor’s steadfast commitment to Bitcoin (BTC), even amid criticism, reinforces investor confidence in his strategy. MicroStrategy’s massive Bitcoin (BTC) purchases tend to influence market sentiment, making Saylor’s actions critical for investors. “Bitcoin weekly MACD just flipped bullish— the same signal that triggered every major breakout. This isn’t hopium. This is data,” Merlijn The Trader reveals.

Alternative Investments: Saylor’s strategy has inspired interest in other assets like FloppyPepe (FPPE), with investors seeking high-potential opportunities beyond Bitcoin (BTC).

How FloppyPepe’s (FPPE) Presale Is Attracting Smart Money

Experts from popular coins like Dogecoin (DOGE) and Pepe (PEPE) are now seeking a new opportunity, this time with a rising altcoin that holds potential for both small and large portfolio holders. History has shown how early investors in these two coins saw life-changing gains, turning modest investments into substantial fortunes. Those who got in early became millionaires practically overnight.

Now, many are moving to FloppyPepe (FPPE), and they are getting in through the ongoing presale. What’s driving this surge of interest? A short promo that offers an extra 80% off every purchase. 

This generous bonus has transformed FloppyPepe (FPPE) from just another token into a strategic investment opportunity. Early investors have locked in a high-potential asset at a favorable stage, significantly boosting their holdings with the bonus offer by using the FLOPPY80 promo code.

Floppynomics: A BTC-Like Strategy For Value Growth

Just as Michael Saylor emphasizes factors that could propel Bitcoin’s (BTC) value, experts are taking note of the unique dynamics—floppynomics—behind FloppyPepe (FPPE). Unlike many tokens that rely on broader market conditions, FloppyPepe (FPPE) has a self-sustaining value mechanism.

Its design guarantees that with every transaction, the token’s circulating supply decreases, creating scarcity. Over time, as demand grows and supply shrinks, prices are naturally pushed upward. Beyond this, FloppyPepe’s (FPPE) AI-driven agents actively boost engagement, creating a thriving ecosystem even before the token is listed on centralized (CEX) and decentralized exchanges (DEX). 

FloppyAI is an intelligent assistant that answers crypto-related questions, making complex topics easy to understand. FloppyX takes meme culture to the next level by generating memes as engaging videos, while Meme-o-Matic creates shareable meme images instantly.

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More On FloppyPepe (FPPE)

DetailInformation
Current Price$0.0000002
Current StageStage 1 (93% completed)
Next Price$0.00000035
SecuritySolidproof audited

Join the FloppyPepe (FPPE) presale and community:

Website | Whitepaper | Telegram | X (Twitter)

Keeta Launches on Base Chain and Hits $0.50 Price Milestone

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  • Keeta (KTA) launched on the Base network and surged to $0.50, reaching a $200M market cap just months after its March 2025 debut.
  • Backed by former Google CEO Eric Schmidt, who invested $17M of the $22.3M raised, boosting credibility and investor confidence.
  • Aims to be the world’s most scalable blockchain, claiming up to 10 million TPS, far beyond current leaders like Solana.

Keeta (KTA), a promising new cryptocurrency launched on the Base blockchain, has captured significant attention by reaching a record price of $0.50 just months after its debut. This up-and-coming Layer 1 blockchain project is positioning itself as a major player in the world of scalable, high-performance blockchain networks.

Founded by Miami-based software engineer Ty Schenk, Keeta has surprised many despite the founder’s relatively modest background. The project’s credibility skyrocketed after former Google CEO Eric Schmidt stepped in as the lead investor and strategic advisor. Schmidt’s involvement has helped raise $22.3 million, with $17 million coming directly from him, reflecting strong investor confidence in Keeta’s vision.

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Keeta aims to become the global financial layer by offering what it claims to be the world’s most scalable blockchain network. The project boasts a theoretical throughput of 10 million transactions per second (TPS), which, if achieved, would surpass established blockchains like Solana, which manages roughly 3,000 TPS and peaks around 65,000 TPS.

The KTA token launched in March 2025 through a fair launch on the Base network. With a total supply of 1 billion tokens, 600 million currently locked, the project currently holds a market cap of approximately $200 million and a fully diluted valuation of $500 million. Despite its rapid growth, Keeta remains in an early phase, with limited listings on centralized exchanges and available mainly on decentralized platforms like Aerodrome and Uniswap.

As a US-based company, Keeta faces potential regulatory challenges, and the project is still operating in testnet, meaning the final mainnet release could bring changes. Investors are advised to conduct their research (DYOR) before investing, as the project’s ambitious goals carry typical early-stage risks.

MIND of Pepe leads the AI meme coin revolution in crypto

In a different niche, MIND of Pepe (MIND) stands out as the first major meme coin integrated with advanced AI technology. Unlike many AI-themed tokens that remain speculative, MIND offers a real working product designed to assist crypto traders by analyzing live market data, blockchain activity, and social media trends in real time.

Powered by Retrieval-Augmented Generation (RAG) and REST API connections, MIND’s AI agent provides users with actionable insights, helping them spot profitable opportunities within the chaotic crypto markets. This fusion of meme culture and AI utility has drawn notable interest and funding.

Currently priced at about $0.0006823, MIND has raised $9.2 million and offers staking options with a very attractive annual percentage yield (APY) of up to 243%, rewarding early supporters with passive income potential.

PEPE 1D graph coinmarketcap

Crypto experts predict that MIND could reach a price of $0.0095 by the end of 2025, potentially tripling its current value. However, as with all crypto investments, conducting thorough due diligence is crucial before making any financial decisions.

Keeta and MIND show strong potential in crypto markets 2025

Both Keeta (KTA) and MIND of Pepe (MIND) represent innovative forces in the crypto space, each with unique value propositions. Keeta focuses on pushing the boundaries of blockchain scalability and transaction speed, aiming to serve as a foundational financial network. Meanwhile, MIND is revolutionizing crypto trading with AI-powered insights, blending technology with community-driven meme coin culture.

While both projects carry significant upside potential, investors should remain cautious of the inherent risks associated with emerging cryptocurrencies. Regulatory uncertainties, early development stages, and market volatility can all impact outcomes.

For those interested in cutting-edge crypto technologies, monitoring Keeta and MIND throughout 2025 could uncover valuable opportunities, but always remember to DYOR and invest responsibly.

Related | DeFi Development Corp. Partners with BONK to Expand Solana Validator

Aptos (APT) Bullish Retest: Is $6.20 and $7.40 the Next Big Targets?

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  • Aptos forms a bullish retest after breaking trendline resistance, aligning with the 0.618 Fibonacci retracement level.
  • The retest of the trendline suggests consolidation, with higher lows indicating ongoing buyer support and demand.
  • Aptos targets $6.20 and $7.40, with the trendline retest confirming bullish momentum and potential for further gains.

Aptos (APT) is displaying a bullish retest after successfully breaching a long-standing resistance created by its trendline. Many traders are now paying close attention to confirm whether the bullish momentum will persist. Rose Premium Signals highlighted that retesting the broken trendline supports a potential price resumption in line with the 0.618 Fibonacci retracement level, which is a major bullish cue for the crypto market.

The retest of the trendline break indicates important technical momentum. This can indicate that the price is seeking to retrace some losses and retest the previous resistance level, which has become a new area of support. This suggests that Aptos is in a period of consolidation, and higher lows signal ongoing support from buyers. Higher lows indicate that the market is reabsorbing selling pressure and preparing the price for an upswing.

Dual Confirmation of Bullish Momentum

The break of the trendline is further supported by the coincidence with the 0.618 Fibonacci level. Fibonacci levels receive close attention from traders, and the 0.618 level often plays a big role in their analysis. This level often serves as the price turning point or the continuation of the breakout. This dual confirmation from an established channel resistance level and the significant Fibonacci zone has traders convinced that Aptos’ upward movement will continue and even strengthen.

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Source: X

The period of consolidation indicates that rising prices are likely to persist in the long run. Signs show that buyers are gaining the upper hand and corrections are being successfully bought by traders. Higher lows suggest that buyers are still having an impact despite the periodic opposition faced at known areas of resistance.

Aptos Price Targets Ahead

Aptos has two important price targets on its horizon. If Aptos can push above $6.20, it’ll be a positive sign for the ongoing bullishness. Should Aptos overcome the $6.20 resistance, its next objective is the $7.40 price tag. There is a good chance that the price will reach both of these targets, as positive forces are driving the market. As of now, APT is trading at $5.33, showing a 0.33% increase over the past 24 hours.

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Source: TradingView

Pay close attention to the upcoming break-and-retest, as that will reveal whether this pattern is valid. Should the trendline act as a foundation, Aptos may proceed to $6.20 and $7.40 as the market sustains its positive moves. The attention of the cryptocurrency market currently lies on this notable breakthrough, and a successful move above these resistance levels might lead to additional growth for the asset.

Related: Is Movement Labs Hiding Deals? MOVE Token Drops Amid Scrutiny and Allegations

Ripple Sees Momentum Shift After Judge Torres Blocks SEC Request

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  • Ripple gained a legal edge as Judge Analisa Torres denied the SEC’s motion, citing procedural impropriety and upholding due process.
  • Legal analysts say the SEC must admit prior errors and collaborate with Ripple to propose a new, fair judgment, an unusually high bar.
  • SEC Commissioner Caroline Crenshaw opposed a proposed $75M settlement, criticizing it as a threat to the agency’s enforcement authority.

Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Judge Analisa Torres has denied the SEC’s motion for an indicative ruling, calling the request “procedurally improper.” The denial has triggered fresh legal commentary and opened the door to speculation about the next chapter in a case that could shape the future of crypto regulation in the United States.

The SEC had sought to reduce Ripple’s civil penalty to $50 million and dissolve a standing injunction that restricts the company’s institutional sales of XRP. However, Judge Torres rejected the motion, citing procedural flaws and affirming the importance of due process.

Now, legal experts say any effort to amend the existing judgment will require far more than a simple request.

Crypto advocate and attorney John Deaton, who has long followed the Ripple case, argued during a live broadcast that the SEC must undergo a significant strategic shift to persuade the court. According to Deaton, the commission would need to publicly acknowledge errors in its prior arguments, withdraw those claims, and work with Ripple to craft a joint solution. That cooperation, he said, could include referencing pending crypto-focused legislation in Congress.

Ripple Moves Closer to Regulatory Breakthrough Over XRP

Such a move would represent a tectonic shift in the SEC’s stance, effectively conceding that digital assets like XRP may more closely resemble commodities than securities, thus falling outside the commission’s traditional jurisdiction.

To succeed, Deaton noted, the SEC must convince Judge Torres that Ripple’s XRP sales did not cause market harm and that the current injunction is stifling the company’s ability to operate, particularly its dealings with financial institutions. He emphasized that the judge will only entertain a new consent judgment if it is “fair and reasonable” and does not compromise the public interest.

Attorney Fred Rispoli echoed Deaton’s analysis, warning that replacing the current judgment will be a steep uphill battle. He suggested that both Ripple and the SEC would need to submit a 25-page joint motion outlining all prior cases they’ve dismissed, effectively laying the groundwork for a fresh agreement.

Rispoli also proposed that the SEC submit official declarations from its commissioners, acknowledging the agency’s failure to provide clear regulatory guidance on crypto markets. Such a rare admission could serve as the foundation for a negotiated path forward.

Still, Rispoli cautioned that this process will take time, estimating two to three weeks for the filings and an additional week or two for Judge Torres to issue a ruling.

Ripple Seeks $75M as SEC Divides

In the wake of the court’s decision, XRP is currently trading at $ 2.37 with a 24-hour trading volume of $ 7.06B and a market cap of $ 139.25B. The XRP price decreased -1.64% in the last 24 hours.

XRP 1D graph coinmarketcap 12

Meanwhile, the SEC is facing internal discord. On May 8, the agency and Ripple jointly proposed dissolving the August 2024 injunction and returning $75 million of the $125 million in escrowed penalties back to Ripple. But SEC Commissioner Caroline Crenshaw, a known skeptic of crypto, sharply criticized the proposed deal.

In a strongly worded dissent, Crenshaw claimed the settlement would erode the SEC’s enforcement authority and diminish the court’s role in upholding securities laws.

“This settlement, alongside the programmatic disassembly of the SEC’s crypto enforcement program, does a tremendous disservice to the investing public and undermines the court’s role,” she stated.

Her comments reflect growing ideological divisions within the SEC itself and underscore the broader regulatory uncertainty surrounding digital assets in the U.S.

Related | DeFi Development Corp. Partners with BONK to Expand Solana Validator 

Is FTX Token (FTT) Back? Momentum Builds Toward $1.68 and Beyond

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  • FTX Token (FTT) breaks major trendline, sparking bullish interest with short- and long-term targets up to $2 in sight.
  • A successful retest of resistance as support boosts trader confidence and opens doors for swing trading opportunities.
  • Momentum builds as trading volume rises, with analysts eyeing $1.45 and $1.68 as critical levels for the next move.

FTX Token has made a bullish comeback after enduring a prolonged downtrend and periods of inactivity. The major trendline break above widespread attraction to FTT and speculation about both short-term and long-term gains. With continuing bullish sentiment, FTT could reach the $2 level again, a price that hasn’t been demonstrated since months ago.

Rose Premium Signals highlighted that breaching the multi-month downtrend by more than 30%, the FTX Token price now looks set to head higher. This is an important development as the FTT token has been negatively affected since the fall of FTX. As market sentiment improves and trading volumes increase, FTX Token is showing signs of returning to a growth trend.

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Source: X

FTX Token Retest Sparks New Targets

The breakout was followed by the token successfully testing the previous resistance area, strengthening its support level. The recent breakout and successful retest have encouraged both intraday traders and more systematic positions. The possibility of swing trading has increased significantly with the current price action.

Analysts are keeping an eye on two near-term price objectives. $1.45 and\$1.68. The $1.45 price point appears to be the next major hurdle for FTX Token. Traders will closely watch it for signs of upward momentum. Breaking above the level at $1.45 could lead to tests at $1.68 and potentially extend to the bullish target of $2.

Swing traders are giving FTX Token another look as its chart pattern has gained positive momentum. The recent improvements could lead to a sustained rally as long as FTX Token remained higher than the breakout levels. Managing risk carefully is essential since FTT’s future is still heavily influenced by the risks associated with its past.

Next Move in Focus

Whether FTX Token sustains growth or consolidates at the current level will largely determine the strength of the next upward move. Volume is beginning to pick up and a positive mood in the crypto sector could provide further fuel for FTT. This could also allow FTT to break through the resistance and continue rallying further. As of press time, FTX Token is trading at $1.30, up by 0.19% over the past day.

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Source: TradingView

The recent FTT breakout may be an indication that the token has found some renewed hope among traders. Many short-term and swing traders are anticipating the opportunity for profit as FTT approaches structurally significant levels. If the current momentum continues, the next weeks will be important for FTT as it attempts to recover its lost ground.

Read More: Litecoin at a Crossroads: Breakout to $132 or Fall to $70?

Basel Medical Group Plans $1 Billion Bitcoin Buy to Boost Treasury Growth

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  • Basel Medical plans a $1B Bitcoin acquisition to strengthen its balance sheet in Asia.
  • BMGL shares fell 15% after revealing its exclusive $1B Bitcoin treasury negotiations.
  • Corporate Bitcoin holdings globally now total about $80B, led by firms like MicroStrategy.

Basel Medical Group Ltd (Nasdaq: BMGL) disclosed that it is in talks to purchase Bitcoin worth over $1 billion. The company intends to use this asset purchase to strengthen its treasury significantly compared to other Asia-focused healthcare firms. Management said the move would allow Basel Medical to accelerate its expansion strategy across high-growth Asian healthcare markets.

Strategic Bitcoin Acquisition to Enhance Corporate Balance Sheet

According to an official statement, Basel Medical Group is negotiating a deal with major investors to acquire Bitcoin through an innovative share-swap arrangement. The company’s CEO, Dr. Darren Chhoa, stated the initiative will provide unprecedented financial strength and flexibility. He emphasized that the transaction would position Basel Medical with one of the strongest balance sheets among healthcare providers focusing on Asia.

The company expects this capital administration to enhance its ability to participate in future mergers and acquisitions. The firm anticipates that a treasury backed by Bitcoin will assist in building strong financial foundations and reducing market volatility risks. The company aims to finalize transaction terms by the end of this quarter, following approval from regulatory authorities and the firm’s shareholders.

Market Reaction and Corporate Bitcoin Trend

The announcement sparked an immediate sell-off in the stock market, which caused Basel Medical Group’s shares to tumble by over 9%. The drop in Basel Medical shares indicates investors’ cautious approach to businesses that invest in Bitcoin. Similarly, GameStop saw its market capitalization fall by over $3 billion in March when it revealed its strategy to invest in Bitcoin.

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Source: Google Finance

Basel Medical’s move aligns it with other public firms, including Japan’s Metaplanet and Semler Scientific, which have adopted Bitcoin as part of their treasury strategies. MicroStrategy pioneered this approach and now holds nearly 569,000 Bitcoins, becoming a leader among corporate Bitcoin holders. Corporate treasuries worldwide now control about $80 billion in Bitcoin, according to BitcoinTreasuries.net.

Healthcare Growth Strategy Anchored in Digital Assets

Basel Medical Group, specializing in orthopedic and trauma services, sees the Bitcoin acquisition as a step toward building a premier healthcare platform in Southeast Asia. 

The group recently acquired Bethesda Medical, marking the beginning of its regional expansion strategy. Management expects the strengthened balance sheet to enable quick responses to strategic opportunities in Asia’s rapidly growing healthcare sector.

According to Dr Chhoa, the purchase will enable Basel Medical Group to become more flexible and resilient in expanding into new markets and business sectors.

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