**Crypto Craze: Businesses Go Bananas for Bitcoin! 🍌**
- Businesses big and small are diving into the crypto pool, accepting Bitcoin and other digital currencies to cut transaction fees and dodge chargebacks.
- From your local coffee shop to luxury real estate, crypto payments are becoming as common as avocado toast!
- While price volatility and regulations can be tricky, payment processors like BitPay and Coinbase Commerce make it a breeze.
- With over 659 million crypto users by 2025, businesses are cashing in on this digital gold rush. So, is your favorite store crypto-ready yet?
#Bitcoin Blasts Past $84K – Just As Predicted❗I called it earlier, and now you’re witnessing it LIVE $BTC has officially smashed past $84K and is showing no signs of slowing down❗ The breakout momentum is real, and those who paid attention to the signal are already in profit.
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With institutional demand surging and market sentiment heating up, could $90K be the next stop❓If you haven’t positioned yourself yet, the clock is ticking don’t get left behind❗$BTC ON THE MOVE – Will $84,500 Hold?
#Bitcoin is pushing higher, now trading at $84,311, up 3.04%, after bouncing from a low of $81,245. Bulls are testing resistance, but can they sustain momentum?
Key Levels to Watch
🔺 Resistance: $84,500 – A break above could send BTC toward $85,000 - $85,500.
🔻 Support: $83,000 – Holding this level is crucial to avoid a pullback toward $82,500 - $81,500.
Market Insight
✅ Parabolic SAR: Bullish trend still intact.
✅ Volume: Strong buying pressure suggests continuation.
✅ Risk: A rejection at $84,500 could trigger profit-taking.
⚡ Decision time! Can BTC break out or is a reversal coming?
The SEC vs. #Ripple legal battle has officially come to an end, as the U.S. SEC drops its appeal.
The U.S. Securities and Exchange Commission (SEC) has officially dropped its appeal in its long-running lawsuit against Ripple, marking the end of a four-year legal battle. Ripple CEO Brad Garlinghouse broke the news, calling it a major victory for the company and the entire crypto industry.
Ripple CEO Calls It a Long-Overdue Surrender
In a broadcast message, Garlinghouse stated that from the very beginning, Ripple believed it was on the right side of both the law and history. He argued that the lawsuit was never about protecting investors but was part of a broader attack on the crypto industry.
He described the case as an attempt to intimidate and weaken the industry through legal pressure. According to him, the SEC’s actions led to massive financial losses, with the lawsuit wiping out $15 billion in market value. He also accused the agency of trying to manipulate the market rather than seeking justice.
Throughout the case, Ripple won several key legal victories. Garlinghouse pointed out that the judge had criticized the SEC multiple times, including rebuking the agency for failing to follow the law. The SEC was also sanctioned for misconduct during the discovery process, further weakening its position.
Most importantly, Ripple successfully argued that XRP is not a security, as ruled by Judge Analisa Torres in July 2023. This ruling now sets a legal precedent that could impact future crypto-related cases.
What Next?
With the SEC dropping its appeal, Ripple is now in control of its next steps. Chief Legal Officer Stuart Alderoty stated that the company will evaluate whether to proceed with its own cross-appeal.
The primary issue left unresolved is a $125 million fine and a permanent injunction on Ripple’s institutional sales.
#CryptoNewss
🚀 Ethereum is shaking things up! Say goodbye to Holesky and hello to the brand-new Hoodi testnet. After some hiccups with the Pectra upgrade, Ethereum Foundation decided it's time for a fresh start. Holesky, which struggled with "inactivity leaks," will fully shut down by Sept. 30.
Hoodi, launched this week, is ready to take over as the playground for validators and staking providers. Mark your calendars for March 26, when Hoodi will test Pectra. If all goes well, Pectra hits mainnet 30 days later.
Validators, how do you feel about this transition? Share your thoughts below! 💬
🚀 Crypto enthusiasts, heads up! Dogecoin whale investors are buzzing about Rexas Finance, predicting it could outperform DOGE by 20x! 🐕💥
- **Dogecoin**: A memecoin favorite, trading around $0.1710, with a market cap of $25.34 billion. Despite volatility, it shows bullish signs.
- **Rexas Finance**: Emerging strong with tangible use cases like Rexas AI and Treasury. Its presale is almost complete, raising $46.83M!
- **Market Sentiment**: Whales backing RXS, signaling confidence. Certik audit boosts security.
Join the discussion! Could RXS be the next big thing? Share your thoughts below!
🚀 Ethereum is shaking things up! The Ethereum Foundation announced the discontinuation of its largest test network, Holesky, due to challenges with the Pectra upgrade. Holesky will shut down on Sept. 30, making way for the newly launched Hoodi test network.
- Holesky faced issues with "inactivity leaks" after a faulty test in February, causing delays in validator removal.
- Hoodi, now live, aims to test the Pectra upgrade on March 26, with hopes to launch on the mainnet soon after.
Stakers, are you ready for Hoodi? Share your thoughts in the comments! 🗨️
Utila, an Israeli Web3 startup, has successfully raised $18 million in a Series A funding round led by Nyca Partners, with contributions from Wing VC, NFX, Haymaker Ventures, Gaingels, and Cerca Partners. This latest investment brings the total capital raised by the company to $30 million. Utila plans to use the funds to enhance its multi-party computation (MPC) wallet solutions, addressing the growing demand for secure digital asset infrastructure. The expansion aims to cater to traditional financial institutions increasingly adopting crypto payments. CEO Bentzi Rabi emphasized the importance of MPC technology for institutional digital asset security.
XRP Lawyer Thinks Saylor's Bitcoin Strategy Could Make Him World's Richest Person!
XRP lawyer John Deaton believes Michael Saylor's Bitcoin strategy could potentially make him the world's richest person. Saylor, the CEO of MicroStrategy, has been aggressively purchasing Bitcoin, with his company now holding approximately 499,226 BTC, valued at around $41.65 billion at current prices .
Deaton's statement comes after Saylor's recent suggestion that the United States should acquire between 5% and 25% of the total Bitcoin supply, sparking debate in the crypto community and traditional finance . Saylor's net worth is currently estimated to be around $7.3 billion, ranking him 439th on Forbes' list of the world's richest people .
It's worth noting that not everyone is bullish on Saylor's strategy, with some traders betting against him. Short positions against MicroStrategy have increased by over 51%, with a notional value of around $1.35 billion .#xrp #RippleVictory
⚡️ @PluralisHQ raises $7.6M in funding led by @Coinfund_io and @USV
Pluralis Research has raised $7.6M in pre-seed and seed funding, led by CoinFund and Union Square Ventures. Among other investors are @Topology_vc, @Variantfund, @Edenblockvc, and @Bodhi_ventures. The raise was for equity, with a warrant for future cryptocurrency, in case Pluralis decides to launch one. Pluralis Research is pioneering Protocol Learning—an alternative to today’s closed #AI models and economically unsustainable open-source initiatives.
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