Crypto News Today 5th April : Ripple VS SEC Update, Gold Price,Bitcoin News and More

Pi Coin plunged 16% in 24 hours, falling below $0.60 and hitting a new all-time low of $0.53. The drop follows Binance’s exclusion of Pi Network from its latest “Vote to List” round, despite Pi’s large community. Critics argue meme coins were favored over utility-driven projects. Pi has declined over 80% since February, with reduced mining rates signaling waning user interest and market momentum.

Following Babylon’s token airdrop, 256 BTC were unstaked within 24 hours, consuming 1.318 MvB of blockspace and incurring 1.35 BTC in fees. Mempool.space founder Mononaut suggests the high fees stem from large unstaking scripts and pre-signed transactions using fixed fee rates set months ago, highlighting technical complexity and planning behind Babylon’s redemption process.

A surprising filing has emerged in the SEC vs. Ripple lawsuit. Justin W. Keener submitted an emergency request, claiming to have “decisive evidence” favoring Ripple and American liberty. However, the filing lacks details on what this evidence is or how it supports Ripple. Keener, recently fined over $10 million by the SEC for unregistered penny stock dealings, hints at physical investment contracts. His sudden involvement raises questions about his motives and the potential impact on the case. Continue To Read

Coinbase Derivatives has officially filed with the Commodity Futures Trading Commission (CFTC) to self-certify XRP futures contracts. If approved, the new contracts are expected to go live on April 21, 2025. This move marks a significant step in expanding XRP’s derivatives market, providing traders with more options for exposure. As demand for crypto futures grows, Coinbase aims to position itself as a key player in regulated crypto derivatives trading. Continue To Read