XRP up over 15% after SEC lawsuit settlement.

Four years after the SEC filed its first complaint against Ripple, the issuer of XRP token, the legal battle looks like it's finally coming to a close.

The judge overseeing the case ordered Ripple to pay $125 million in civil penalties, with no further claim of XRP tokens qualifying as "unregistered securities."

Crypto lawyer Fred Rispoli called the ruling a "HUGE win for Ripple," outlining that, while a $125M penalty is nothing to scoff at, the court acknowledged that programmatic token sales to retail investors should NOT be considered unregistered securities, which is worth the price. 

Even after last week's bloodbath, the XRP win, along with a continued push for pro-crypto policy on both sides of the aisle in the U.S. have most cryptocurrencies (slowly) clawing their way back up to last month's highs.

It's a little too early for a "We're so back," but it's looking like we're in the clear for some cautious optimism.

All this volatility has Bitcoin's price chart looking more like a heart rate monitor than any kind of recognizable trend, but if you've been looking for buy opportunities, it doesn't get much better than that 20% drop we just saw.

Or you might be waiting for the fabled pull-back to to 20k, either way, just make sure you stack those discounted Bitcoins somewhere safe. 🤝

 - Joey Segura