Saga narxiSAGA

5/ @solana’s memecoin launchpad scene just got spicy. While @pumpdotfun had a 95% share for months, May 12 saw it drop to 56% as @bonk_fun and @believeapp surged. Overall, 40K+ tokens are launched daily—the most since mid-February. The saga continues...

The legal saga between Ripple and the SEC has reached a new milestone. While an out-of-court settlement seemed within reach, the federal court has sharply rejected the joint attempt by both parties. This setback raises uncertainty around a confrontation that has become central to the regulatory future of cryptos in the United States, reaffirming the complexity of a clear outcome in a case closely followed by the entire industry. In a decision published on May 15, 2025, Judge Analisa Torres of the Southern District Court of New York rejected the joint request by the SEC and Ripple to modify the final judgment rendered in 2024. This request notably proposed reducing the financial penalty imposed on Ripple from $125 million to $50 million, and lifting an injunction preventing it from violating securities laws. The judge clarified that this approach was “procedurally inappropriate” and should have been made under Rule 60, a specific procedure requiring the demonstration of “extraordinary circumstances” to modify a final judgment. She ruled unambiguously : If jurisdiction were restored to this Court, it would deny the request as procedurally inappropriate. This decision follows a procedure started in 2020, in which the SEC accused Ripple of illegally offering unregistered securities through the sale of XRP. Although Ripple achieved a significant legal victory in 2023, with the court ruling that programmatic sales of XRP did not constitute securities transactions, a $125 million penalty was imposed in 2024 but was stayed pending appeal. The rejection of the deal proposed on May 8, 2025 currently prevents any rapid resolution. To better understand what was at stake, here is what the agreement provided : However, the judge closed this door and emphasized that these requests could not be dealt with outside the legal channels provided by federal civil procedure. This rejection thus maintains legal uncertainty over the judicial future of Ripple, despite the already established recognition that XRP is not qualified as a security. Since this judicial announcement, several observers of the case, including attorney James Filan, have tried to clarify the practical consequences of this rejection. On the X network, Filan reminded that the case can only be concluded if the judge “first signals her intention to lift the injunction and approve the $50 million distribution to the SEC“. Only under that condition could both parties request a limited remand before the Second Circuit Court of Appeals, an essential prerequisite to formalize the agreement. In other words, as long as Judge Torres does not give this signal, the dispute remains legally active and prevents the official closure of the litigation. This situation forces Ripple to maintain its appeal strategy, extending a procedure already nearly five years long. The SEC, on its side, shows through this refusal that it does not intend to yield on procedures, even when a compromise is negotiated. This institutional hardening illustrates the structural difficulties in obtaining legal-regulatory agreements within the crypto ecosystem , where disputes often face particularly strict procedural standards. By rejecting the deal, the court sends a clear message: no procedural acceleration will be accepted outside the traditional legal framework.

$SAGA any suggestion about saga pumo or dumb ??

🚨 Judge Torres denied the #SEC and #Ripple's request to reduce Ripple's penalty to $50M. Stay tuned as the legal saga continues! ⚖️ ⏳

What It Means for Global Markets — and Crypto Just when markets thought the China-U.S. trade tensions were cooling, the tariff saga has taken a fresh twist — but this time, with signs of diplomatic progress in the background. For Bitget traders, this isn’t just a political headline — it’s a macro-level tremor that could ripple into risk assets, equities, and yes — crypto. The Update: Diplomacy Meets Drama Recent high-level talks between U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng have shown unexpected signs of alignment — especially on supply chain resilience and fair trade practices. But while progress is being made diplomatically, the U.S. is preparing new tariffs on strategic sectors — targeting EVs, semiconductors, and solar tech. China, in turn, is signaling a measured but firm response — looking to avoid escalation while protecting national interests. Why Bitget Traders Should Care 1. Risk Sentiment is Fragile Crypto thrives on liquidity and sentiment. Global trade tensions can spook markets, tighten financial conditions, and reduce appetite for risk. Progress in talks = bullish for crypto. New tariffs = potential headwinds. 2. DXY vs BTC Tariff escalations often lead to flight to safety (USD up, risk assets down). But if diplomacy wins out, and the dollar cools? Expect Bitcoin to benefit from renewed global risk-on flows. 3. China’s Influence on Crypto Even with crypto bans, China’s economy plays a huge role in miner activity, supply chain costs, and tech adoption narratives. If talks stabilize yuan volatility, it could indirectly stabilize crypto price action too. Tariffs: The New Cold War Chess Piece? This isn’t just about trade — it’s about strategic dominance in AI, blockchain infrastructure, rare earths, and data sovereignty. Bitget Insight: Traders should be watching not just traditional sectors, but how this drama might shape Web3 narratives, especially: Decentralized supply chains On-chain digital identity AI + blockchain convergence These sectors are all tied to China-U.S. tech competition — and the winners could be next-gen tokens enabling sovereign tech stacks.