Fire Protocol narxFIRE

In a stunning revelation that adds political intrigue to an already high-profile legal battle, Reuters has uncovered that the U.S. Securities and Exchange Commission’s (SEC) interim chief, Mark Uyeda, cast the sole dissenting vote against suing Elon Musk earlier this year. The closed-door vote, held just days before Republicans took control of the agency in January, approved a lawsuit over Musk’s delayed disclosure of Twitter stock purchases. The 4-1 decision not only highlights deep internal divisions within the SEC but also raises serious questions about political pressure, regulatory integrity, and the future of enforcement under a Musk-friendly administration. In a quiet but consequential January vote, the U.S. Securities and Exchange Commission (SEC) decided 4-1 to sue Elon Musk over his delayed disclosure of Twitter shares. The vote, revealed exclusively by Reuters , exposed a deep rift within the agency. The lone dissenter? Republican Commissioner Mark Uyeda, now the SEC’s interim chief. His "no" vote came just days before a political shift in Washington saw Republicans take control of the agency. The core issue stems from Musk’s 2022 acquisition of Twitter (now X), when he disclosed his stake 21 days late—far beyond the required 10-day window for holdings exceeding 5%. That delay, the SEC argues, allowed him to scoop up more shares at lower prices, saving him $150 million and triggering market movements. The agency sued Musk on January 14, just a week after the commissioners' internal vote. Uyeda, a Republican appointee and close observer of political implications, reportedly questioned the motives behind the lawsuit. Before the vote, he asked SEC enforcement staff to sign pledges that the case was free from political influence—an unusual move rejected by the staff. His opposition was not necessarily about Musk’s actions, but about the optics and timing of the enforcement, which came just before a change in administration. The timing has raised eyebrows. Musk is a known ally of President Donald Trump, and the vote occurred just before Republican leadership took over the SEC. Trump has since issued an executive order accusing the SEC of partisan targeting under Biden and demanded a review of politically driven investigations. Though the SEC declined to comment, the lawsuit’s proximity to the power shift casts doubt on the agency’s neutrality in the eyes of critics. The commission reportedly demanded Musk give up the $150 million in alleged gains and pay an additional penalty. While Uyeda voted no, fellow Republican Hester Peirce sided with the three Democratic commissioners, allowing the lawsuit to proceed. The decision shows an unusual split within Republican ranks and underscores the internal friction over how to deal with the billionaire entrepreneur. Intent was key. SEC investigators explored whether Musk knowingly delayed the filing—a charge that could carry more severe consequences. Musk, however, claimed he misunderstood the rule and eventually complied. The SEC dropped the intent angle but still pursued civil penalties. Musk had agreed to be deposed twice but resisted further interviews, delaying the case until after the 2024 election. Legal experts question the SEC’s sluggish pace. A late filing case is typically straightforward. "Bringing it at the last minute—it loses credibility," said Howard Fischer, a former SEC lawyer. Others argue that not filing at all would have looked like selective enforcement, undermining the agency’s role in upholding fair markets. Musk has until April 4 to respond to the court summons. With Uyeda now leading the SEC and Trump ordering a review of the agency’s actions, the Musk case could become a lightning rod in the wider war over regulatory power and political influence. Musk’s long-standing feud with the SEC—dating back to his 2018 Tesla tweet saga—adds more fuel to the fire. The internal divide within the SEC, revealed in this exclusive report, paints a picture of an agency caught between law and politics. Whether the case against Musk is about justice or timing remains an open question—one that could reshape the future of securities enforcement in a deeply divided America.

XRP’s price gained significant traction after news of Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission might soon wrap up. In less than a day, the token surged by 14%. However, the short-lived excitement faded soon. XRP quickly gave up half of those gains, falling below the important level of $2.50. The sharp rally echoed XRP’s January move, where the asset skyrocketed to its previous all-time high of $3.40. That surge came on the back of strong spot buying and lasted several weeks. Traders are hoping for a repeat, but this time, conditions appear slightly different. For the first time since late January, the aggregated spot tape cumulative trade delta (CVD) turned positive. It basically shows the difference between aggressive buys and sells across exchanges. When this number goes green, it means more people are aggressively buying than selling—a pattern that often drives prices higher. Even as spot buyers stepped up, the futures market told a different scenario. A negative aggregated premium in open interest signaled that many traders were betting against a price increase. The tug-of-war between spot buyers and futures bears is heating up, with no clear winner yet. Dom, a crypto analyst, believes XRP’s volume-weighted average price from its all-time high is still acting as a bullish threshold. According to him, “XRP must stabilize around the $2.50 level.” If it does, the door to higher levels could swing open. But uncertainty is everywhere. While some indicators suggest strength, the price remains in what’s called sideways consolidation. In simpler terms, XRP is drifting with no strong direction, as both bulls and bears refuse to give in. From a technical angle, there are key levels to watch. If XRP can close a daily candle above $2.65, it would create what’s known as a positive break of structure. That shift could pull futures traders onto the bullish side, adding fuel to the fire. On the flip side, a close below $2.23 could erase the recent gains and return the token to a downward path. One trader, known as CrediBULL Crypto, sees this current period as an accumulation phase. According to the trader, XRP might first drop to sweep liquidity between $1.80 and $2.00 before heading back up. The analyst also anticipates that the token might hit an all-time high above $3.40 soon . It’s a bold call, but not out of the question if buying pressure holds steady. Still, others are cautious. Even if XRP doesn’t dip to $2, it needs to hold above its rising trendline support to build any long-term strength. Losing that level could trigger fresh selling and shake out weak hands.

Shiba Inu, once dismissed as another meme token, is now at the center of serious speculation on the markets. Despite falling recently, the token is showing strong signs of strength . Its value is now at $0.00001291, a level just above a pivotal $0.000012500, and bulls are optimistic. Development of a falling wedge on a 1-day chart, a pattern that typically suggests a bullish reversal. Since December 2024, SHIB has been on this downtrend, with progressively lower highs and lows. Now, though, it’s knocking on a breakout point at approximately $0.0000129. A breakout above this line can spark an 80% rally , with prices aiming for a push higher towards $0.000023. If that occurs, investors can expect a powerful trend fueled by technical signals as well as firm community momentum. In the past few days, a new wave of whale activity has fueled the fire. Wealthy investors have transferred 7.49 trillion SHIB tokens through large transactions—the biggest volume ever recorded over a two-month period. Such renewed whale interest has caught the attention of analysts on all sides. Meanwhile, SHIB’s burn rate has jumped by a staggering 774273.92%% in just 24 hours, according to Shibburn . Over $18.7 million worth of tokens have been permanently removed from circulation. That brings the total number of SHIB burned to 410.7 trillion, cutting the total supply down to about 589 trillion. In the short term, that tightening of supply could trigger further price appreciation. The community isn’t stopping there. A recent surge in the burn rate of over 62,000% resulted in over 500 million SHIBs getting burned. As long as the burning mechanism is active, it may put constant upward pressure on the value of the token. Analyst CryptoELITES has been especially bullish. According to him, SHIB could eventually witness a 17x rally. While that kind of move is still a long shot, current levels suggest a steady buildup. SHIB is holding between $0.0000125 and $0.00001365 but faces a major resistance wall at $0.000014. Around 236 billion tokens have been parked there, and bulls need to break through. If they do, another roadblock lies between $0.000014 and $0.000019, where an enormous 548 trillion SHIB tokens sit. These zones could define the next leg of SHIB’s journey. Failure to break out, however, could send the token back down toward $0.0000115. One of the long-term drivers of SHIB is the launch of Shibarium . It’s a Layer 2 solution that will reduce gas fees and accelerate transactions. With greater scalability and utility on the SHIB network—especially for gaming and decentralised finance—Shibarium can bring on new users and applications.

$BTC is on fire! 🔥 15-min chart shows strong bullish momentum at $88,559.10, eyeing $90K!

🔥 $NPC /USDT is on fire, up 32.87% today! Currently trading at $0.01516, it reached a high of $0.01569 in the last 24 hours. The moving averages (MA5: $0.01454, MA10: $0.01374) confirm a strong uptrend, with price consistently pushing higher. 📊 Key insights: 24h Volume: 9.89M NPC, showing increased trader interest Strong bullish momentum: Higher highs and higher lows forming Next resistance: $0.01630, with support at $0.01476 If buying pressure remains, NPC could break higher! Will we see $0.02 soon?