{"id":19583,"date":"2025-03-28T14:46:50","date_gmt":"2025-03-28T14:46:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19583"},"modified":"2025-03-28T14:46:50","modified_gmt":"2025-03-28T14:46:50","slug":"ripple-vs-sec-lawsuit-closure-paves-the-way-for-xrp-etfs-btc-erases-recent-gains-weekly-recap","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19583","title":{"rendered":"Ripple vs. SEC Lawsuit Closure Paves the Way for XRP ETFs, BTC Erases Recent Gains: Weekly Recap"},"content":{"rendered":"
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Although the past week wasn\u2019t filled with fireworks as the previous one, there are still several notable developments that transpired that we need to talk about.<\/p>\n

It was a sluggish weekend, in which BTC\u2019s price stood primarily around $84,000 after the intraweek volatility caused by the Fed\u2019s lack of action and Ripple\u2019s (sort of) victory against the SEC. Bitcoin started to mark some gains as Sunday was coming to a close and continued on Monday. The peak came at just inches away from $89,000, which was still a multi-week high.<\/p>\n

However, the largest digital asset couldn\u2019t maintain its run and started to lose value rapidly. It bounced off, then dropped again, then tried to stage a recovery, but then slumped again as Friday progressed. In fact, the past few hours have been particularly painful as BTC lost the lower boundary of its weekly range ($86,000 to $89,000) and now struggles to remain above $84,000.<\/p>\n

This essentially means that the asset has erased all gains registered in the middle of the week and is back at the same spot as last Friday\u2019s market update<\/a> by CryptoPotato<\/em>.<\/p>\n

As it will be explained below, Ripple got some big news as its CLO said the company has dropped its own appeal, which effectively means the end of the lawsuit against the SEC. However, XRP failed to react. Just the opposite, it has dumped by 8% in the past week and struggles to remain above $2.2.<\/p>\n

In contrast, alts like TON, SUI, AVAX, DOGE, and SHIB have posted notable gains, which in some cases are by double-digits. PI has dropped hard once again, losing 14% since last Friday.<\/p>\n

Market Data<\/h2>\n
\"Weekly<\/a>
Weekly Market Overview: Source: QuantifyCrypto<\/figcaption><\/figure>\n
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<\/dt>\n<\/dl>\n<\/figcaption><\/figure>\n

Market Cap: $2.843T | 24H Vol: $109B | BTC Dominance: 59%<\/p>\n

BTC: $84,440 (+0.5%) | ETH: $1,887 (-3.4%) | XRP: $2.19 (-8%)<\/p>\n

This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n

CRO Surged 40% as Trump Media Partners with Crypto.com for ETFs<\/strong>. It was a big week for the popular cryptocurrency exchange and its token as Trump\u2019s media company chose<\/a> the platform for its ETF endeavors. CRO skyrocketed after the news, despite some controversy, and went on another double-digit ride at the end of the week after the SEC closed<\/a> its investigation against the exchange.<\/p>\n

Bitcoin\u2019s Outflows Are Signaling Big Things Despite Recent Profit-Taking<\/strong>. BTC\u2019s price went to a multi-week high a few days ago but was stopped and pushed south by several grand. However, there are some bullish signs suggesting an upcoming rally could be around the corner, such as the flows across all exchanges<\/a>.<\/p>\n

GameStop Bets Big on Bitcoin with a $1.3B Purchase Plan<\/strong>. The company, whose stock prices went on a volatile ride during the COVID-19 pandemic, has become the latest to join the BTC bandwagon. In the new development from this week, GameStop filed<\/a> to raise a whopping $1.3 billion, following Strategy\u2019s path, to accumulate bitcoin for its balance sheet.<\/p>\n

Spot Bitcoin ETFs Hit Critical Turning Point as Flows Stabilize: CryptoQuant<\/strong>. Spot Bitcoin ETFs based in the States struggled for a long time during February and early March. However, the trend has reversed now, and the flows have stabilized, which makes this moment critical<\/a> for their future performance.<\/p>\n

Bitwise\u2019s Matt Hougan: Why Now is the Best Time in History to Buy Bitcoin<\/strong>. Bitwise\u2019s CIO outlined the reasons why he believes<\/a> this is the \u2018best time in history\u2019 to accumulate bitcoin. Hougan, who has been involved with the industry in one form or another for over a decade, noted that BTC is no longer an unregulated gamble as it has established itself in the growing world of finances.<\/p>\n

XRP ETF Incoming? Analyst Says Ripple\u2019s Legal Win Changes Everything<\/strong>. Ripple\u2019s CLO updated<\/a> earlier this week that the company has decided not to appeal the final verdict in the lawsuit against the SEC. Consequently, this marks the end of the case, which lasted over four years. As such, many analysts believe this conclusion was a pivotal moment<\/a> on the road to an XRP ETF.<\/p>\n

Charts<\/h2>\n

This week, we have a chart analysis of Ethereum, Ripple, Cardano, Toncoin, and Solana \u2013\u00a0click here for the complete price analysis<\/a>.<\/p>\n

The post Ripple vs. SEC Lawsuit Closure Paves the Way for XRP ETFs, BTC Erases Recent Gains: Weekly Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Although the past week wasn\u2019t filled with fireworks as the previous one, there are still several notable developments that transpired that we need to talk about. It was a sluggish weekend, in which BTC\u2019s price stood primarily around $84,000 after the intraweek volatility caused by the Fed\u2019s lack of action and Ripple\u2019s (sort of) victory […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19583","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19583"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19583\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}