Crypto
crypto
Sage D. Young
8/8/25

The SEC and Ripple jointly dismiss their appeals, ending long legal battle

The enduring legal dispute between the US Securities and Commissions Office and Ripple Labs has drawn to a close, which lifted the price of XRP on the news, though the token is trending down as of writing.

On Thursday, the SEC and Ripple Labs filed a joint stipulation to dismiss their appeals with the Second Circuit as both parties agreed to bear its own costs and fees. 

The outcome clears regulatory uncertainty that has weighed on the token’s prospects since 2020, when the SEC initially charged Ripple for offering unregistered securities to investors. 

XRP, the third-largest cryptocurrency, is seeing elevated trading volume. Yesterday, the token’s 24-hour trading volume stood at about $4.6 billion, but the figure has jumped to $11.6 billion as of 10:50 a.m. ET, data from CoinGecko shows. Traders on Korean-based exchange Upbit have generated $1.1 billion in 24-hour volume, making up nearly 10% of the total trading activity on the platform. 

SEC and Ripple End Appeals, Closing Landmark Crypto Case as XRP Soars - Decrypt

SEC and Ripple End Appeals, Closing Landmark Crypto Case as XRP Soars - Decrypt

The outcome clears regulatory uncertainty that has weighed on the token’s prospects since 2020, when the SEC initially charged Ripple for offering unregistered securities to investors. 

XRP, the third-largest cryptocurrency, is seeing elevated trading volume. Yesterday, the token’s 24-hour trading volume stood at about $4.6 billion, but the figure has jumped to $11.6 billion as of 10:50 a.m. ET, data from CoinGecko shows. Traders on Korean-based exchange Upbit have generated $1.1 billion in 24-hour volume, making up nearly 10% of the total trading activity on the platform. 

More Crypto

See all Crypto
Sage D. Young
24h
Largest ethereum treasury, BitMine, invests $20 million into the first worldcoin treasury firm

In addition to BitMine’s investment, Eightco plans to use proceeds from a $250 million private placement to stockpile worldcoin.

ARGENTINA-ECONOMY-TECHNOLOGY-CRYPTO
Yaël Bizouati-Kennedy
9/8/25
Forward Industries raises $1.65 billion for solana treasury

Treasury companies collectively hold 4.67 million solana tokens

Smiling Sun
Heart

Solana getting “new heart” in biggest upgrade ever

The Alpenglow upgrade revamps solana’s consensus engine to decrease transaction finality from 12.8 seconds to 150 milliseconds, bringing the blockchain network closer to its goal of being an on-chain Nasdaq.

Sage D. Young9/8/25
Sage D. Young
9/5/25
Donald Trump Jr.-backed Thumzup Media entering dogecoin mining game in a big way

Thumzup estimates its planned 3,500 dogecoin mining rigs will fetch $22.7 million in annual revenue.

Shiba Inu
Yaël Bizouati-Kennedy
9/5/25
Sora aims to buy $1 billion in bitcoin in the next six months

Japanese company Metaplanet already holds over $2 billion in bitcoin.

Price Of Bitcoin Reaches New High, As Inflation Rises At Level Not Seen In 30 Years

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.
©2025 Sherwood Media, LLC