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XRP holders helped Ripple resist SEC pressure, Deaton says

John Deaton has credited 75,000 XRP holders with helping Ripple executives resist pressure during the company’s legal fight with the U.S. Securities and Exchange Commission.  Summary Deaton says 75,000 XRP holders helped Ripple’s leaders resist SEC pressure during the prolonged litigation. Ripple considered closing before executives chose a costly legal defense that preserved hundreds of…

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Cape Town Expands Crypto Fraud Fight as Police Seize Luxury Cars With Fake Plates

Key Takeaways Mayor Hill-Lewis joined Cape Town police in an operation to impound luxury cars with fake registrations. Fraudulent crypto syndicates are using Tiktok to flaunt assets, impacting South Africa’s digital market. A report showed 2 major South African cities now host corporate-style, international scam centers. Luxury Seizures and Social Media Lures A crackdown on…

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Thailand Implements Strict New Checks on High-Volume Stablecoin Trades

Key Takeaways Thailand’s bank set up checks to flag USDT transactions, restricting evasion of compliance measures. New source-of-funds rules cut large cash withdrawals by 35%, boosting the national electronic economy. Authorities restricted abnormal gold bullion buying, dropping monthly volumes to strengthen the local baht. Bank of Thailand Targets Stablecoins Transactions in Gray Economy Crackdown The…

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Ethereum Price Analysis: ETH Reaches Its Biggest Obstacle on the Road to $2K

Ethereum has continued its recovery from the June lows and is now approaching a major technical inflection point. While the recent rally has improved short-term sentiment, the asset is still trading beneath a confluence of long-term resistance levels. Interestingly, the liquidation landscape aligns closely with these technical barriers, suggesting that ETH could first target overhead…

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