SEC
SEC Amends Binance Lawsuit, Excluding Solana from Security Classification
The SEC has amended its lawsuit against Binance, removing Solana from the list of cryptocurrencies it alleged were securities. This move follows a recent court ruling that determined secondary sales...
XRP Investors Pin Hopes on August 1 SEC Meeting for Regulatory Clarity
Anticipation dampened last week as the keenly followed SEC close-door meeting, rumored to involve a potential settlement with Ripple, ultimately failed to deliver any significant updates on the case. However,...
SEC vs. Ripple Update: No Decision After Key Meeting, XRP Investors In Limbo
The U.S. Securities and Exchange Commission held a crucial meeting that the crypto community closely watched. Many expected the meeting to address the ongoing legal disputes involving Ripple Labs and...
Crypto in Nigeria: A Rollercoaster of Regulation, Arrests, and P2P Boom
Nigeria, Africa’s largest crypto market south of the Sahara, is experiencing a dramatic shift in its cryptocurrency landscape. Recent regulatory actions and high-profile cases, such as the arrest of Binance’s...
SEC Sues Citron Capital, Alleges Andrew Left Orchestrated $20M ‘Bait Trade’
The U.S. Securities and Exchange Commission has filed a lawsuit against activist short seller Andrew Left and his firm Citron Capital, alleging securities fraud. According to a July 26 statement,...
Trump’s Pro-Crypto Speech Fails to Rally XRP as SEC Pressure Intensifies
Donald Trump’s pro-crypto speech at Bitcoin 2024 failed to boost XRP’s price. Trump vowed to fire SEC Chair Gary Gensler on his first day in office. The ongoing SEC vs....
Donald Trump Promises To Fire Gary Gensler as SEC Chair On Day One
Donald Trump promised to sack Gary Gensler on his first day in office as president. The Bitcoin community applauded Trump’s statement. Trump plans to build a strategic national Bitcoin stockpile....
Senator Cynthia Lummis Introduces Strategic Bill: Bitcoin as a National Reserve
Senator Cynthia Lummis proposes to accept Bitcoin as a strategic reserve. According to the bill, Trump’s government will purchase 1 million Bitcoin, which is 5% of the total supply. Lummis’...
Ripple’s Legal Drama Continues: SEC Silence Fuels FUD, Crypto Community Reacts
The SEC’s silence following a closed-door meeting with Ripple on July 25, 2024, has miffed quite a few, and has the rumor mills running once more. Crypto twitter is also...
Grayscale’s Bitcoin Mini Trust ETF Approved by the SEC
The U.S. Securities and Exchange Commission (SEC) has approved the application submitted by Grayscale for a spot Bitcoin exchange-traded fund (ETF) on Friday, further solidifying the demand for Bitcoin-associated investment...
Institutional Bitcoin Adoption Surge: Michigan Pension Fund Invests $6.6M in BTC ETFs
The State of Michigan Retirement System, the pension fund responsible for managing retirement programs for Michigan’s state employees, has strategically invested $6.6 million in spot Bitcoin exchange-traded funds (ETFs), specifically...
Ripple vs. SEC: Case Drags On, But Here’s What’s Changed and Why It Matters
Ripple’s long-running legal battle with the SEC over the classification of its XRP cryptocurrency may be nearing a resolution, as CEO Brad Garlinghouse hints at a conclusion in an interview...
XRP Price Targets: $1 or $10? Community Divided as SEC Settlement Nears
Speculations on XRP pricing have been running amok within the community as the window for the Ripple lawsuit ending draws closer each day. While some commentators believe the end of...
XRP at $0.60 Crossroads: Settlement Rumors Dispelled, Court Ruling in Focus
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission continues to grip the cryptocurrency community. As speculation mounts about the case’s resolution, former SEC lawyer...
XRP’s Path Forward: RealUSD Launch, SEC Hearing, and Potential Market Impact
XRP fell 1.66% on Tuesday, July 23, after a 1.76% gain the previous day, closing at $0.5983. This drop aligns with a broader market downturn, where the total crypto market...
Ripple’s SEC Lawsuit Nears End: What a Settlement Could Mean for XRP
A rescheduled closed-door meeting at the Securities and Exchange Commission (SEC) has reignited speculation about a potential settlement in the ongoing legal battle between Ripple Labs and the regulator. The...
XRP Settlement: SEC Meeting Rescheduled, But Former Lawyer Douses Hopes
A rescheduled closed meeting at the Securities and Exchange Commission (SEC) has ignited renewed hope within the XRP community for a potential settlement in the ongoing legal battle with Ripple...
XRP Pulls Back After Reaching $0.60, but Hope Remains for Ripple Settlement
XRP pulled back about 15% after climbing above $0.60 for the first time since April. The pullback followed an impressive rally that saw the embattled altcoin gain 67% in less...
SEC’s Crypto Power Grab Challenged by Iowa-Led State Lawsuit
A coalition of seven U.S. states, led by Iowa Attorney General Brenna Bird, has filed a legal brief challenging what they deem as regulatory overreach by the Securities and Exchange...
The SEC Classified ETH As a Commodity, Ending Protracted Regulatory Unclarity
The SEC’s classification implied ETH is a commodity, not a security. ETH ETF approval conditions show how crypt assets can transition over time. Crypto assets founders can rest easier knowing...
Ripple Lawsuit Update: SEC Reschedules Key Meeting, XRP Token Reacts!
Ripple’s XRP token has surged over 6% after the Securities and Exchange Commission rescheduled a closed-door meeting, reigniting hopes for a potential settlement in the long-running legal battle between the...
BitForex Reopening: Withdrawals Resume, KYC Required
BitForex is set to reopen for customer withdrawals following a shutdown triggered by an investigation by Chinese authorities earlier this year. The platform’s unexpected closure in February prompted a warning...
Spot Ether ETF Launch Date Confirmed: July 23rd, CBOE Announces
The crypto market eagerly awaits the launch of spot Ether Exchange-Traded Funds (ETFs), building on the momentum of the successful launch and acceptance of spot Bitcoin ETFs in January. While...
Terraform Labs’ Chapter 11 Case: Key Developments and Implications for LUNA
Terraform Labs (TFL), the company behind the troubled Terra blockchain, has received court approval to reopen its Shuttle Bridge as part of its ongoing bankruptcy proceedings. This move allows users...
Breaking: SEC Cancels Ripple Meeting, Settlement Talks Stalled
In a surprise move, the U.S. SEC has canceled its closed-door meeting originally scheduled for today, July 18, which was anticipated to potentially discuss the ongoing Ripple lawsuit. The agency...
