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💰 $KAS /USDT 🔼 LONG ✳️ ENTRY - 8075 , 7980 , 7870 🎯 TARGETS - 8136 , 8200 , 8300 , 8440 , 8600 , 8800 , 9040 🀄️ LEVERAGE - cross 20x 🔴 STOPLOSS - 7700

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💰 $EOS /USDT 🔼 LONG ✳️ ENTRY - 549 , 540 , 530 🎯 TARGETS - 554 , 560 , 568 , 576 , 584 , 600 , 620 🀄️ LEVERAGE -  cross 20x 🔴 STOPLOSS - 517

The US SEC is waiting to ‘redeem’ itself for its past crimes. Therefore, it is dismissing past cases left and right. In a new development in the similar vein, SEC is looking to drop its case against ETH developer Consensys. This marks yet another regulatory win for the crypto community of the USA. The dropping of Consensys Lawsuit by SEC is another historic milestone for the crypto community. The MetaMask creator can finally rest easy as it does not have to worry about the SEC breathing down its back. The news of this dismissal came on February 27th, amidst a crypto market downturn. Consensys founder and Ethereum co-founder, Joseph Lubin broke the news. Lubin said that both involved parties have reached an in-principal agreement stage in order to end the probe. The case was registered back in 2024. That year saw some of the worst crypto crackdowns in the history of the US. Consensys Lawsuit Details Consensys was accused of using its MetaMask non-custodial wallets to work as an unregistered securities broker. SEC also claimed that the firm failed to implement consumer protection measures as deemed necessary by the regulatory body. Former Chair Gary Gensler strongly advocated that securities and cryptocurrencies must be registered with the SEC. However, Consensys violated that requirement. I'm pleased to announce that Consensys and the SEC have agreed in principle that the securities enforcement case concerning MetaMask should be dismissed. Subject to the approval of the Commission, the SEC will file a stipulation with the court that effectively closes the case.… — Joseph Lubin (@ethereumJoseph) February 27, 2025 Lubin shared the news in a lengthy post on X, saying, “I’m pleased to announce that Consensys and the SEC have agreed in principle that the securities enforcement case concerning MetaMask should be dismissed”. He added, “Subject to the approval of the Commission, the SEC will file a stipulation with the court that effectively closes the case. We were committed to fighting this suit until the bitter end but welcome this outcome.” SEC has already dropped cases against firms like Gemini, Uniswap, Robinhood, OpenSea and Coinbase. Hence, this new dismissal marks yet another win for the crypto community. Therefore, analysts believe this could reverse the market downturn. The post SEC Drops Yet Another Case Against A Major Crypto Firm appeared first on Coinfomania.

XRP is currently valued at $2.20, boasting a market capitalization of $127 billion. In the last 24 hours, it has successfully traded $5.43 billion. Today, its price has fluctuated between $2.16 and $2.27, demonstrating its resilience as it maintains crucial support levels, even amidst a broader decline in the cryptocurrency market. Even with the recent drops and disruptions in the cryptocurrency realm, XRP still stands strong as one of the significant assets in the realm of crypto. In case there is an upward shift in price higher than $2.60, there is a real possibility of rapid expansion. Nonetheless, it will be extremely important for XRP to hold the leftmost support line in order to hit new records. XRP Price Prediction for March Pundits argue that skirting on the bullish side of things, XRP will most likely keep trading at $2.47 during March 2025. Analyzing the moving average for XRP it is possible to identify the following behavior: 4 Hours XRP has a bearish outlook on the 4 hour chart. The average 50 x 200 four-hour moving Averages cross have resulted in a expansion to the downside, which further supports the bearish outlook for the short term. At the same time, the number of days on the low in the II quarter after 23 february, should mark the beginning of the longest declining 200 day moving average. 1 Day The 1 day chart for XRP looks bullish. With a shift of price below, protection of the next higher value 50 day MA which was supporting the price last earlier high, signals increased bullish sentiment. Furthermore, the 200 day moving average continues to increase after January 29 2025 confirming long term bullish sentiment. 1 Week XRP has a bullish outlook on the weekly time frame. The 50-day moving average serves as an important indicator as it is below the price but is on the rise, which may act as a support level. What’s Up for XRP? XRP’s steadiness has garnered considerable attention in the market. Crypto enthusiasts have been rooting for the asset, along with crypto journalism reviving it’s image with a wave of positive news. This newly gained reputation produced a bullish demeanor for crypto investors who are dedicatedly fighting any chances of price drops below the crucial support line. The consolidated trend for XRP looks overall positive and can eventually rise to a new height. The post XRP Holds Strong: Resilient Against Market Waves with a Value of $2.20! appeared first on Coinfomania.