Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize 
Gold Shines on Oil Relief: Buy Dips at $4160, Targeting $4305 as Bullish EMAs Dominate 
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally 
Meta-backed research finds exposure to ‘untrustworthy’ social media is rare. The fine print is less reassuring 
FxWirePro- Major Crypto levels and bias summary 
‘Vibe coding’ is fun and easy, but there’s a major catch 
How an OpenAI safety test became a real-world cyberattack on the Hugging Face platform 
Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next? 
The U.S. Securities and Exchange Commission (SEC) is weighing labeling XRP as a commodity in settlement negotiations with Ripple Labs. The move is important in the court case that started in December 2020, when the SEC sued Ripple for selling unregistered securities. Redefining XRP, if it happens, can drastically change the direction of the suit and with broader implications for the cryptocurrency world.
One key component of the settlement negotiations is Ripple's attorneys bargaining over modifications to an initial court order that consisted of a $125 million penalty and institutional selling prohibitions on XRP. The bargaining seeks to harmonize with new policy changes at the SEC under new leadership. SEC is drawing comparisons between Ethereum and XRP, with the former being used as a perfect reference point because it is being viewed as a commodity despite having conducted its first ICO.
If XRP were finally ruled to be a commodity, it might set the stage for the listing of XRP spot Exchange-Traded Funds (ETFs) and might set a precedent for other cryptocurrencies wanting to dismantle regulatory obstacles. The decision in this case is certain to have meaningful long-term consequences on the regulatory landscape for digital assets in the United States.
