Crypto News Roundup: Ripple's Legal Drama, Bitcoin's Big Predictions, and Major Scams

Ripple’s legal battle with the SEC just took another dramatic turn.

Judge Torres rejected a $50 million settlement, calling it “procedurally improper.” This triggered a sharp XRP price dip

and over $160 million in derivatives withdrawals as traders braced for more legal delays.

Despite the setback, Ripple’s legal team remains optimistic, saying, “Nothing in today’s order changes Ripple’s wins.” The case

is still a major test for crypto regulation, and all eyes are on the next court moves.

The future of an XRP-spot ETF is still up in the air after the latest court ruling.

Investors are watching closely as the SEC prepares its next move, with some betting on approval odds as

high as 83% by the end of 2025.

Legal experts say the SEC may need to admit its previous stance was flawed for XRP to get

a green light.

Meanwhile, the market is on edge, with XRP’s price path hinging on these legal and regulatory updates.

XenDex is making waves as XRP’s hottest new DeFi project, with its $XDX token presale nearly sold out.

The platform promises features like AI copy trading, cross-chain swaps, and staking—all on the XRP Ledger.

With bullish sentiment after recent legal wins and ETF approvals, some analysts are even predicting XRP could hit

$1,000 in the long run.

Early buyers of $XDX will get exclusive access once the platform launches.

A retired artist lost over $2 million in a sophisticated Coinbase impersonation scam, highlighting the ongoing risks in

crypto.

The scammer convinced him to enter his wallet’s seed phrase on a fake site, draining his entire portfolio.

This is a stark reminder: never share your seed phrase and always double-check who you’re talking to!

Crypto analyst Scott Melker says Bitcoin could hit $250,000 by the end of 2025, thanks to growing institutional

interest and lower volatility.

Meanwhile, an Alabama man was sentenced for hacking the SEC’s social media to post fake Bitcoin ETF news,

briefly sending prices soaring.

Authorities warn, “Spreading false information to influence the markets is a serious crime.” That’s your crypto news update!

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