andarme92

@andarme92

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This little pup is whining and begging for a taste of that juicy watermelon. Just look at those eyes pleading for a sweet treat.

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Ultimately, the seminal cryptocurrency enforcement action was eclipsed in the public eye by higher-profile disputes with Coinbase, Uniswap and others. In one of the last acts of the outgoing Biden administration, the Gensler SEC appealed the Torres judgment on Jan. 15, 2025. Ripple, for its part, filed a notice of cross-appeal on Oct. 15, 2024, and has not yet filed an appeal.

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At the time, this was seen as a major victory in cryptocurrency. The SEC tried to certify an interlocutory appeal and failed, and over the ensuing year, the case slowly wound down, culminating in a $125 million judgment against Ripple in August of last year.

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As the first major crypto case, rulings in Ripple would be highly influential in the legal posture of the industry. Most notably, a 2023 summary judgment ruling in which Judge Analisa Torres granted the company a partial victory, holding that blind bid-ask sales of XRP did not constitute securities because “they did not derive [an expectation of profit]” from Ripple’s efforts [because buyers were not aware] that they were buying XRP from Ripple.”

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Other community members disagreed, highlighting fundamental differences between a potential BofA-issued stablecoin and a CBDC.

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“So are they going to just ‘rebrand’ CBDC's and just call them ‘stablecoins’?” one commentator wrote on X.

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The current downturn may signal an incoming market capitulation, according to Juan Pellicer, senior research analyst at crypto intelligence platform IntoTheBlock.

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Bybit’s recovering exchange reserves and the exchange’s continued user withdrawals are a robust sign of trust for the crypto industry.

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Crypto industry leaders and exchanges also rushed to assist Bybit with emergency transfers, including 50,000 Ether from Binance, 40,000 Ether from Bitget and 10,000 Ether from Du Jun, co-founder of HTX Group, among others.

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“This means you can deposit and withdraw USD by linking a bank account, buy crypto via bank transfer (ACH), and enjoy trading on USD pairs,” the company stated.

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US dollar services are back on Binance.US for US customers, including deposits and withdrawals via bank transfer (ACH), according to a Feb. 19 announcement from Binance.

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Binance.US, the US-based affiliate of global cryptocurrency exchange Binance, has resumed US dollar deposits and withdrawals following nearly 18 months of restrictions, citing regulatory clarity.

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The optimistic hope is that, by self-regulating, we can filter out bad actors and convince policymakers that crypto doesn’t need to be forced into legacy frameworks. Yet it still can achieve the same or even better outcomes.

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As currently enforced, KYC might linger in centralized exchanges and custodial solutions in places where legacy regulators have a clear line of sight. Across DeFi, however, we can experiment with alternative models. Instead of mandating complete identity checks, we can rely on cryptographic proofs, selective disclosures and reputation systems and stay on the right side of the law and ethics without punishing everyone else.

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TRUMP token and the Official Melania Meme (MELANIA) token are controlled by 40 crypto whales, according to blockchain analytics firm Chainalysis.

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In December 2024, Wood reiterated her prediction that BTC could surpass $1 million by 2030.

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“We think that the decentralized financial services movement, some people call it DeFi or internet financial services, is going to be big. That’s very Ethereum and Solana-based,” she added.

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Turning to the larger crypto ecosystem, Wood expressed optimism about the future of decentralized finance.

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Last week, the TRUMP memecoin surged by 11,000% within hours of its launch, driving memecoin trading volumes up by 30% over the past seven days to reach $17.98 billion.

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“I think it is true that the ICO movement in 2017 really brought this new technology, or at least curiosity about this new technology, to a whole new group of people. And while, you know, some in the traditional crypto world considered it — I think he used the word cringe or something like that — it really did open a lot of eyes.”

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