The post Hodler’s Digest, June 22 – 28 – Cointelegraph Magazine appeared on BitcoinEthereumNews.com.

Top Stories of The Week XRP spikes 3% after Garlinghouse says Ripple dropping SEC cross-appeal XRP’s price jumped over 3% on Friday, just hours after Ripple Labs CEO Brad Garlinghouse said the company is dropping its cross-appeal against the US Securities and Exchange Commission (SEC) and expects the regulator to do the same. “Ripple is dropping our cross-appeal, and the SEC is expected to drop their appeal, as they’ve previously said,” Garlinghouse said in an X post on Friday. XRP, the cryptocurrency associated with Ripple Labs, spiked 3.36% to $2.18 just five hours after the post, according to CoinMarketCap data. “We’re closing this chapter once and for all and focusing on what’s most important – building the internet of Value. Lock in,” Garlinghouse added. Anthony Pompliano’s crypto venture buys $386M in Bitcoin Crypto entrepreneur Anthony Pompliano’s firm ProCap made its first Bitcoin purchase just days after revealing that it plans to go public later this year.  The Bitcoin financial services firm, ProCap BTC, said on Tuesday that it purchased 3,724 Bitcoin (BTC) for $386 million. The investment is now worth just shy of $400 million at current market prices, as the asset has gained since the buy. The firm purchased the assets at a time-weighted average price of $103,785 per BTC. The buy follows the ProCap’s announcement on Monday that it plans to go public via a merger with the blank-check company Columbus Circle Capital to become ProCap Financial. Coinbase claims ‘key role’ in Secret Service’s biggest-ever crypto seizure Crypto exchange Coinbase says it played a “key role” in supporting a US Secret Service investigation that resulted in the seizure of $225 million linked to crypto investment scams earlier this month. On June 18, the Department of Justice filed to seize more than $225 million in crypto recovered by the…

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Filed under: News - @ June 29, 2025 12:26 am