Crypto News Digest by u.Today

Take a look at what is happening in the world of Crypto by reading the three best news stories in U.Today.

Ripple V. SEC near the end? XRP lawyer interacts with new rumors

According to the hadith X post Through the diocese of “AP_ABACUS”, which cited two second sources, the legal battle between the organizer and the Ripple Fintech Giant You can approach the conclusion. Parachidi then included three expected results, if the case was very close to the end. First, the XRP case can be reclassified as a commodity, which would turn its organization from SEC to CFTC. Second, the Ripple fine can be reduced and reduced “significantly”; In 2024, the fine has already decreased from $ 2 billion to $ 125 million, and now the final number may decrease. Third, the issue and its conclusion will be a precedent in the encryption industry, which will be important for years to come. The position has not passed by the parish without anyone noticing it by John Diton, a supporter of XRP. He republished the update and commented on it with the eyes of emojis. Deaton is sure of this, but the suggestion is that he carefully sees Ripple V developments. SEC.

Bitcoin (BTC) “Deleveraging”: Bullish?

As mentioned By Cryptoquant community expert, which passes by Darkfost_COC, see 90 -day open attention to Bitcoin A large decrease of 31.2 % In recent days, it decreased from 33.6 billion dollars to 23.1 billion dollars. This indicates that this shift has led to the “Deverging” stage in the Bitcoin market, which historically opened good chances in the short and medium -term for bitcoin. The latest events of disposal of the huge parties occurred before the approval of the investment funds circulating on Bitcoin in the United States in January 2024 and during the recession that lasted from the fourth quarter, 2022, to the first quarter, 2023. At the time of the press, Bitcoin changes his hands at 81,759 dollars, a decrease of 1.8 % over 24 hours, per Coinmarkketcap. The encryption market is now located in the “Fear” area, with a decrease of fear and greed to 25/100. The markets may be vibrated before the FOMC meeting from March 19 to 19 in the United States, where new monetary decisions can be made.

Cardano (ADA) is about to bypass Dogecoin (Doug)

In recent weeks, dogecoin It faced increased pressure pressure The technical challenges that threaten its position in the encryption market. With a value of $ 0.1641 at the time of the press, Dog is besieged in a declining direction, with a declining form and the death cross that contributes to the decline in the original. Meanwhile, Ada acquires strength. Although the ADA price movement also faced resistance, it has shown flexibility by maintaining important support levels. Currently, ADA changes hands at $ 0.6925. Regarding market markets, Cardano closes on Dogecoin; The maximum Cardano market is now 24.39 billion dollars, while Dogecoin’s is 24.42 billion dollars, making the previous hair out of overcoming its dog’s title. If Cardano continues its upward course, Dogecoin may soon be exceeded to become the eighth largest encryption.