U.Today – Check out the top three news stories of the last day from U.Today.
‘Weird move’: CTO speaks out on SEC appeal failure
While the XRP community is buzzing about the SEC allegedly missing the deadline to file an appeal in its case against Ripple, David Schwartz, chief technology officer at the San Francisco-based fintech company, reached out to the X Platform for comment on the matter. In his post, X Schwartz wrote that while he is not an expert on the appellate procedure, the regulator had until midnight on October 17 to file an appeal to the Second Circuit Court of Appeals and apparently did not do so. He noted that it was “not impossible” that the SEC intentionally “missed the filing deadline in order to complete the appeal.” But that would be a “really weird move,” the technology executive added. Meanwhile, Fox Business journalist Eleanor Terrett reported that the actual deadline for filing an appeal could be October 18, based on the docket notice.
management update: team member reveals key changes
Shiba Inu marketing manager Lucie recently said the project is approaching a significant transformation, suggesting management milestones to come. According to Lucie’s post on In this way, the Shiba Inu DAO (Decentralized Autonomous Organization) will enable holders of the key tokens SHIB, BONE, LEASH and the upcoming TREAT to make key decisions regarding community projects and technological advancements. In turn, the SHIB Doggy DAO Foundation will legally surround the DAO, ensuring that decisions made by the community are properly implemented. Concluding her post, Lucie wrote that with the upcoming launch of SHIB Doggy DAO and its founding, the future of SHIB will soon be firmly placed in the hands of those who matter most to us: the community.
(BTC) Breakout Confirmed: Three price levels to watch next
With a major break above $67,000 confirmed, Bitcoin could potentially experience a change in momentum. Currently, all traders’ eyes are on the next significant price levels for the flagship cryptocurrency, the first of which is the psychological barrier of $70,000, which has been a point of resistance in the past. This level is crucial because breaking it could result in a rapid rally towards a modern all-time high. The second tier is $63,000; currently represents a solid support level that could assist stabilize the price in the event of a correction after the recent rally. If Bitcoin breaks above $70,000 with significant momentum, its next potential target would be $75,000. Overall, Bitcoin’s recent breakout and confirmation of on-balance volume (OBV) suggest that it may be poised for further gains, but maintaining this momentum will depend on trading activity in the coming days.
