Ripple’s XRP Escrow Debate Reignites After SEC Ruling

Judge Analisa Torres’ denial of the SEC and Ripple’s joint motion has reignited discussions about the ownership of XRP held in escrow. Crypto experts, including Brad Kimes and Edo Farina, argue that no laws prevent Ripple from selling its escrowed XRP, while speculation grows about potential US government acquisition for a national cryptocurrency reserve. Farina claims entities like the BIS, US Treasury, and IMF may already hold a portion of the escrowed XRP, though transparency around ownership remains unclear. Meanwhile, XRP’s price shows bullish momentum, trading at $2.188 with long-term predictions reaching $17, contingent on breaking its all-time high of $3.4.

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El Salvador Increases Bitcoin Holdings Amid IMF Loan Conditions and Price Drop

El Salvador purchased 5 Bitcoin for approximately $415,000 as the price dropped to $83,000, raising its total holdings to 6,100 BTC valued at around $510 million. This acquisition follows a $1.4 billion loan from the IMF, which mandates reduced government involvement in Bitcoin activities. Despite these conditions, President Nayib Bukele is also pursuing advancements in artificial intelligence and technology to position El Salvador as a regional tech hub.

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Swissquote Faces Market Decline Amid Bitcoin Crash and Economic Uncertainty

Swissquote, a prominent Swiss financial institution, has seen its stock price plummet over 15% in just two weeks, losing CHF 1.3 billion in market capitalization, largely due to a significant downturn in Bitcoin and cryptocurrencies. Despite its solid foundation and a tenfold increase in share price since 2017, the recent market turmoil has raised concerns about its future, prompting speculation about potential takeover interest. The company’s resilience will be tested as the financial landscape grows increasingly complex.

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Niederer Kraft Frey expands tax law team with new appointments

Niederer Kraft Frey has enhanced its tax law department with the appointment of Morgan Boëffard as a partner and Tabea Lorenz and Marc Vogelsang as counsels. Boëffard brings expertise in international and national tax law, focusing on M&A and private equity, while Lorenz specializes in tax litigation and Vogelsang advises on M&A transactions in real estate and private equity. The firm now has 52 partners and a total of 220 employees across Zurich and Geneva.

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Alexander Vinnik Released in US-Russia Prisoner Swap After Money Laundering Conviction

Russian national Alexander Vinnik, convicted for running the BTC-e crypto exchange linked to a multi-billion-dollar money-laundering operation, has been released in a U.S.-Russia prisoner swap. In exchange, the U.S. freed American teacher Marc Fogel, who was detained on drug charges.Vinnik, who operated BTC-e from 2011 to 2017, faced multiple legal battles before being extradited to the U.S. He pleaded guilty to conspiracy to commit money laundering, with prosecutors alleging he facilitated over $120 million in losses. As part of the deal, he will forfeit tens of millions in assets.

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Investing in AI Crypto: The Potential of Mind of Pepe in 2025

Marc Chaikin warns investors about the risks of holding the wrong AI stocks amid a market frenzy, suggesting a shift away from giants like Nvidia. He highlights the potential of MIND of Pepe ($MIND), an autonomous AI agent designed to provide real-time market insights, which has already raised $5.1M in its presale. With a focus on innovation and community incentives, $MIND aims to capitalize on the growing demand for AI technology, offering early investment opportunities in a volatile market.

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XRP Shows Resilience with Strong Inflows and Bullish Breakout Potential

Ripple’s XRP has shown resilience amid a bearish market, with $41 million in inflows and a 4% weekly gain, while major cryptocurrencies declined. Technical indicators suggest a bullish breakout, with potential price targets of $4 and even $8, depending on market patterns. Analysts predict XRP could reach $16.50 by March 2025, driven by strong retail and institutional buying momentum.

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