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21 March 2025

XRP Soars 8% Following SEC Case Drop By Ripple

Ripple’s CEO claims U.S. SEC has dismissed its four-year case, signaling a shift in cryptocurrency regulations.

The world of cryptocurrency is buzzing as XRP soared by over 8% following an announcement by Ripple's CEO, Brad Garlinghouse, stating that the U.S. Securities and Exchange Commission (SEC) has dropped its longstanding case against the company. In a post on X (formerly Twitter), Garlinghouse declared, "the case has ended," citing concerns that the SEC had overstepped its bounds by alleging Ripple's violation of securities law in its sales of XRP. Although the SEC has yet to confirm this significant shift, the news has sparked hope among investors, seemingly marking the end of a tumultuous period that began four years ago.

In a broader context, this development corresponds with changes in SEC leadership following President Donald Trump's administration, which has pledged to position the U.S. as a global leader in cryptocurrency innovation. This regulatory shift could pave the way for more clarity and growth in the cryptocurrency sector.

Meanwhile, in Hawaii, the Kilauea volcano has resumed its on-and-off eruption, capturing the attention of both tourists and geologists alike. The U.S. Geological Survey reported that Kilauea began erupting from its summit caldera on March 19, 2025, after a weeklong pause, with lava flows posing no threat to nearby residential areas. This latest eruption is part of a series that began on December 23, 2024, during which the volcano has demonstrated volatile behavior, with numerous halts and restarts over the preceding months.

In the realm of music, federal authorities in Michigan charged Joseph Strange, a former studio engineer for Eminem, with theft charges tied to the gig. The acting U.S. Attorney Julie Beck announced on March 19 that Strange faces charges of copyright infringement and interstate transportation of stolen property. An FBI affidavit indicates that Strange lost his job at the rapper’s suburban Detroit studio back in 2021, and investigators traced stolen music back to him, leading to his current legal predicament.

As March Madness approaches, an ambitious CEO is putting his money where his mouth is. Alan Levy, the CEO of 4C Predictions, has initiated a $1 million bracket challenge inspired by the NCAA tournament. His AI program recently analyzed data and predicted that the Houston Cougars would claim the coveted championship title. In a bold wager, Levy is pitting his AI-driven analysis against the predictions of seasoned sports gambler Sean Perry, who has chosen Duke as his pick to win it all. The outcome of this face-off is eagerly anticipated amidst a rapidly evolving sports betting landscape.

In governmental news, a webpage detailing the military service of baseball legend Jackie Robinson briefly disappeared before being restored on March 19. This incident occurred amid the Defense Department's ongoing initiatives to revise content perceived as focusing on diversity, equity, and inclusion, reflecting a significant cultural conversation regarding representation and historical acknowledgment.

Moving to personal news, Grammy-nominated artist Sia has filed for divorce from her husband, Daniel Bernard, just two years after their modest wedding in 2022. The singer-songwriter, formally known as Sia Furler, cited irreconcilable differences in her filing and has requested no spousal support. This marks another chapter in the artist's personal life, as she grapples with public scrutiny and personal challenges.

In the Netherlands, an innovative project in Utrecth has captured the public’s imagination—an online fish doorbell that invites viewers to participate in ecological conservation. This livestream allows audiences to monitor fish movements, and when enough viewers report a sighting, local authorities open a water lock to facilitate the fish's journey to spawning grounds. The initiative cleverly combines technology, community engagement, and environmental awareness, garnering significant viewership worldwide.

In a more heartwarming development, the Italian postal service has reported a surge in letters for Pope Francis since his hospitalization on February 14, 2025. Many of the letters, including those sent by children from around the globe, arrive at "Gemelli Hospital" and are carefully sorted for the 88-year-old pontiff during his recovery from pneumonia. Postal workers have designated special yellow boxes to manage the correspondence, ensuring the pope remains connected with his supporters during his convalescence.

In entertainment, fans of Netflix’s popular series "Quarterback" will be thrilled to know that a new season featuring NFL stars Joe Burrow, Kirk Cousins, and Jared Goff is set to premiere in July. The show, which debuted in 2023, quickly gained traction, showcasing the highs and lows of professional football life. The behind-the-scenes look at these players' journeys is sure to entice sports enthusiasts.

Lastly, the ice cream company Ben & Jerry’s has filed a lawsuit against its parent company, Unilever, claiming wrongful removal of its CEO, David Stever. In a federal court filing, Ben & Jerry’s asserts that his removal was a punitive response to the company’s social activism, which they argue is a violation of their merger agreement. This ongoing dispute highlights tensions between corporate governance and social responsibility, raising questions about the direction of socially conscious corporate practices.