SEC Veteran Weighs in on Ripple Lawsuit Appeal Deadline Speculation; DOGE, SHIB Dominate Crypto Market With 5-Month High in Social Activity:...

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SEC Veteran Addresses Ripple Lawsuit Appeal Timeline

The SEC recently filed an appeal in the Ripple lawsuit, but the timing of its submission has raised questions. Former SEC official Marc Fagel suggests that discrepancies in document dates are immaterial, as the SEC maintains it filed on time.

Dogecoin and Shiba Inu Surge in Social Popularity

Meme coins Dogecoin and Shiba Inu have witnessed a surge in social activity, reaching their highest levels in five months. This trend coincides with Bitcoin's recent gains, leading traders to speculate on high-leverage meme coins. Last week, Dogecoin and Shiba Inu experienced price increases of 30% and 8%, respectively.

Bitcoin ETFs Acquire $2 Billion in Bitcoin

According to Arkham Intelligence, Bitcoin ETFs have purchased over $2 billion worth of Bitcoin in the past week, marking the largest inflow since March. This renewed interest from institutional investors follows the approval of Bitcoin ETFs in the U.S. earlier this year. BlackRock led the acquisitions, adding $1.14 billion to its holdings. Fidelity, ARK Invest, and Bitwise also increased their investments. The surge in inflows signals renewed confidence in Bitcoin, which recently surpassed its previous all-time high of $73,797 and entered a bullish phase.