Odaily Planet Daily News Ripple Chief Legal Officer Stuart Alderoty said in a post on X: This should be my last update on the SEC and Ripple lawsuit. Last week, the SEC agreed to unconditionally give up the appeal. Now Ripple has agreed to give up the cross-appeal. The SEC will retain $50 million of the $125 million fine (which has been deposited in cash in an interest-bearing escrow account), and the rest will be returned to Ripple. Ripple will also ask the court to lift the standard ban previously implemented at the request of the SEC. All matters are subject to a vote by the committee and drafting
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A hot knowledge about the work and rest of the cryptocurrency circle. Last time, I counted the hourly rise and fall comparison of the 5M-50M meme K-line, and then captured hundreds of new coins to analyze the opening and peak times, and found the best entry time. Trading according to the opening time of A-shares is very scientific. - Get up early around 6 oclock to review the gold labels at night and enter the market at the right time. - It is easy to get golden dogs in the morning, starting at 7-8 oclock and watching until about 11:30. Avoid the selling pressure before the rest of the park in northern Myanmar at noon. - 13:00-16:00 is a good time to buy low-value coins. - Avoid the selling pressure when the park closes at 17:00-20:00. - After 20:00 is the passionate PVP in the night market, you can participate according to the situation. Conclusion: Go to bed early and get up early to make big money, get up early in the morning and work hard
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Ripple Chief Legal Officer: Ripple has agreed to drop the cross-appeal against the SEC, and the SEC will retain a $50 million fine out of the $125 million
3 hours ago
Arkham: Fidelity increased its holdings of 688 BTC through FBTC, worth more than $60 million
Odaily Planet Daily News Arkham released a message on the X platform saying that Fidelity has recently increased its holdings of BTC worth more than $60 million. On-chain data shows that about two hours ago, Fidelity purchased 688.547 BTC through its Bitcoin ETF (FBTC), with a total value of approximately $60.2 million.
6 hours ago
Asia Web3 Alliance Japan proposes US-Japan collaboration to promote tokenized economy and Web3 innovation
Odaily Planet Daily News Asia Web3 Alliance Japan submitted a proposal to the US SEC Crypto Task Force, suggesting the establishment of a US-Japan tokenization and Web3 regulatory cooperation plan, jointly with the SEC, Japan Financial Services Agency (JFSA), Ministry of Economy, Trade and Industry (METI) and Bank of Japan (BOJ). The goals include: 1. Formulate a unified token classification framework to clarify tokenized securities, utility tokens and non-securities digital assets; 2. Promote regulatory interoperability and support cross-border issuance of compliant tokens; 3. Design a safe harbor mechanism for early token projects, learn from the US model to launch sandbox testing in Japan; 4. Establish cross-border token exchanges.
6 hours ago
WLFI plans to launch USD1 stablecoin for institutional users
Odaily Planet Daily News WLFI announced plans to launch USD1, a stablecoin that is 1:1 redeemable for US dollars. Inspired by President Trump, WLFI is committed to building a decentralized finance (DeFi) protocol. USD1 will be 100% backed by short-term US Treasury bonds, US dollar deposits and other cash equivalents. It will initially be issued on Ethereum (ETH) and Binance Smart Chain (BSC), with plans to expand to other blockchains in the future. Each USD1 is designed to maintain a value of $1, and reserves are regularly audited by a third-party accounting firm. WLFI co-founder Zach Witkoff said that USD1 combines traditional financial credits with the traditional financial system.
9 hours ago
Fed Governor Kugler reiterates Fed can keep interest rates unchanged for a longer period of time
Odaily Planet Daily reported that Fed Governor Kugler reiterated that the Fed can keep interest rates unchanged for a long time. The latest economic data at the beginning of this year showed some signs of weakness. Surveys showed that consumer expectations will rise further in the near future, but uncertainties related to trade policies still exist. The current Fed policy is still restrictive; it is judged that the policy is in good condition. (Jinshi)
9 hours ago
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