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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Ripple and the SEC have agreed to temporarily halt their four-year legal battle, marking a significant shift in the regulatory landscape. Simultaneously, Ripple has made a strategic $1.25 billion acquisition of Hidden Road, signaling its push into mainstream finance.
- Ripple and the SEC have mutually agreed to pause their legal battle, with the SEC dropping its appeal, signaling a potential regulatory shift.
- Ripple's $1.25 billion acquisition of Hidden Road underscores its strategic move into mainstream finance following legal relief.
- XRP remains a top cryptocurrency, with growing institutional interest evidenced by ETF applications and a bullish market prediction of $27 in 60 days.
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