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Ripple has taken a crucial step toward ending its years-long battle with the SEC by requesting court approval to resume private XRP sales. But with its IPO plans hanging in the balance, all eyes are now on Judge Torres, whose next decision could either unlock Ripple’s future—or delay it for years.
A long-dormant Bitcoin whale has reentered the market, purchasing 100 BTC worth $8.33 million on Binance after more than two years of inactivity. The timing aligns with growing market optimism, as Bitcoin trades at $83,680—23% below its all-time high. Analysts and executives, including Binance CEO Richard Teng, predict continued growth fueled by rising institutional interest and expanding global money supply.
Bitcoin may be on track to reach a new all-time high within the next quarter as M2 money supply shows a significant uptick, according to analyst Michael van de Poppe. With global M2 now nearing $120 trillion, analysts are closely watching the historical correlation between M2 growth and Bitcoin rallies. Meanwhile, Strategy's recent $285.8 million Bitcoin purchase has stirred debate within the crypto space, with critics warning that rising institutional concentration may threaten Bitcoin’s decentralized foundation.