XRP & Crypto News: Legal Drama, Market Moves, and DeFi Innovation

The entire crypto market is feeling the pressure!

Bitcoin dropped from $105,000 to $103,000, dragging altcoins like Bonk, Floki, and Pudgy Penguins down over 10%.

Experts say this is due to profit-taking after recent rallies and ongoing global economic risks, including a U.S.

credit downgrade and trade tensions.

But there’s hope: Bitcoin is showing signs of a bullish pennant and cup-and-handle pattern, which could mean a

rebound is on the horizon.

If Bitcoin breaks its all-time high, expect altcoins to bounce back too!

Amid the XRP buzz, XenDex is making waves as the next big DeFi project on the XRP Ledger.

With its presale nearly sold out, early buyers are racing to get $XDX tokens before listings on major

exchanges.

XenDex promises AI copy trading, cross-chain swaps, staking, and more—all in one platform.

Analysts are even predicting XRP could hit $1,000 long-term, thanks to growing institutional interest.

If you want early access, this is your last chance to join the presale!

In a wild twist, an Alabama man was sentenced to over a year in prison for hacking the

SEC’s social media and posting fake Bitcoin ETF news.

The false post briefly sent Bitcoin soaring by $1,000 before crashing back down.

Authorities called it a “calculated criminal act meant to deceive the public and manipulate financial markets.” The hacker

will serve 14 months in prison and three years of supervised release.

That’s your crypto roundup!

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