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In a landmark development for Ripple and the broader cryptocurrency sector, the U.S. Securities and Exchange Commission (SEC) has decided not to appeal the recent ruling regarding XRP, according to WallStreetBulls.

Bitcoin has experienced a decline of 2.6% on Monday, trading at $58,470 as of 10:41 a.m. in Singapore. The broader cryptocurrency market is under pressure as investors prepare for the Federal Reserve’s anticipated first interest rate cut in over four years.

In a notable move within the cryptocurrency space, a significant whale identified by the address 0x1E7 has recently borrowed 62,000 BNB tokens, valued at approximately $34.31 million, from the Venus protocol.

Bitcoin has experienced a notable intraday pullback, dipping 1.15% to trade at $58,450, breaking below the $59,000 mark. This decline marks the third consecutive bearish day for the leading cryptocurrency, with its value down by 3.45% over this period.

The cryptocurrency world is abuzz with excitement as Mpeppe (MPEPE), a new meme coin, rapidly gains traction and threatens to eclipse established favorites like Shiba Inu (SHIB) and Dogecoin (DOGE).

In a remarkable display of long-term investment success, an early Ethereum (ETH) investor has cashed in on their holdings after nearly 8.5 years, realizing a staggering 446-fold return.