Investors are cautious amid uncertainty around trade tariffs, inflation and monetary policy, Head of Research James Butterfill said.
The regulator’s decision comes after Coinbase said the SEC will vote on a deal to abandon its enforcement case against it.
OpenSea said the U.S. Securities and Exchange Commission has ended its investigation of the NFT marketplace, according to Bloomberg. Earlier this month, the organization released a beta version of its OS2 platform and confirmed plans for a SEA token airdrop, which will be available to U.S. users. The move comes shortly after the SEC decided […]
A bipartisan challenge to the SEC's exclusion of staking from ETPs is an essential step to maintaining America’s competitiveness in the digital asset markets.
Franklin Templeton is looking to include staking in its proposal to the U.S. SEC for a Solana exchange-traded fund.
The makeover of the U.S. Securities and Exchange Commission appears to be well underway following news that the agency plans to dismiss its years-long case against Coinbase.
The agency's withdrawal of the lawsuit could boost crypto prices, marking a milestone in U.S. regulatory oversight for the digital asset industry.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
More tokens could be added to exchanges, increasing their trading revenue. This might also open the floodgates to crypto firms' IPOs in the U.S.
The potential dismissal would see an end to the alleged securities law violation lawsuit launched against Coinbase in 2023.
The launch follows Hashdex's combo ETF going live last week after both funds were approved by the SEC in December.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The U.S. SEC is creating a new unit within its agency aimed at protecting investors from bad actors in crypto and artificial intelligence.
The SEC filed a motion to dismiss its appeal of a ruling against an effort to expand its securities "dealer rule" on crypto and DeFi users.
U.S. President Donald Trump attributed bitcoin's record highs to his commitment to making "America the crypto capital."
The U.S. SEC is looking for public comments to decide how to move forward with a proposal for an XRP exchange-traded fund.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The XRP community is buzzing after US President Donald Trump shared Ripple-related content on the social media platform Truth Social. This comes at a time when institutional interest in the digital asset is rising, especially with the US Securities and Exchange Commission (SEC) formally acknowledging more applications for a spot XRP exchange-traded fund (ETF). Trump’s […]
The post XRP investors buoyed by Donald Trump’s Ripple posts and SEC’s ETF acknowledgment appeared first on CryptoSlate.
Bernstein analysts predict a "perfect storm" of political and regulatory support will drive U.S. stablecoin legislation forward this year.
Fiat functionality was paused in June 2023 after the SEC sued Binance.US, alleging violations of securities laws.
The U.S. SEC is asking the public to weigh in on whether the agency should approve options trading on a trio of spot Ethereum ETFs.
The SEC previously acknowledged spot XRP ETF filings from 21Shares and Grayscale, though not from Canary Capital and WisdomTree.
The Elon Musk-led Department of Government Efficiency (DOGE) is targeting the US Securities and Exchange Commission (SEC) in its efforts to reduce waste in government spending. In a Feb. 17 post on X, DOGE urged individuals with knowledge of inefficiencies or unethical behavior at the SEC to come forward. The agency specifically invited direct messages, […]
The post Elon Musk’s DOGE solicits public help to tackle SEC inefficiencies appeared first on CryptoSlate.
Strategy made a profitability warning, particularly if there is a significant decrease in the market value of its bitcoin holdings.
Chief among the catalysts is the new Crypto Task Force’s focus on delivering a National Bitcoin Reserve, Bernstein said.
The SEC filed a motion Friday saying its new crypto task force could help it resolve its ongoing case against Coinbase.
The legal feud centers on whether digital assets should be classified as securities or are outside the agency's remit.
The US Securities and Exchange Commission (SEC) has officially acknowledged the receipt of Grayscale Investments’ 19b-4 filing to convert its XRP Trust into a spot exchange-traded fund (ETF). The agency’s confirmation—disclosed by Bloomberg ETF analyst James Seyffart on 14th February—signals the start of the formal review process that could ultimately decide whether the product is cleared for public listing. James Seyffart, who reported the news via his X account, stated: “There it is — The SEC just acknowledged Grayscale & NYSE’s 19b-4 filing to list an XRP ETF (this was mostly expected but officially means the clock will start soon for this and Dogecoin).” Why This Is An ‘Enormous Message’ For Ripple The SEC’s acknowledgment kicks off a regulatory timetable, opening a window for public commentary and multiple rounds of decision-making. The agency is expected to follow this step-by-step procedure to either approve, reject, or request additional information concerning the proposed XRP ETF. Related Reading: Pundit Sounds Major Crash Alarm For XRP Price As ’12-Year Cycle’ Comes To An End Although formal acknowledgment does not guarantee an approval further down the line, it underscores that the SEC is sufficiently engaged to put the filing on the official docket. Nate Geraci, President of the ETF Store and Co-Founder of the ETF Institute, underlined the significance of this action in the context of the SEC’s ongoing legal dispute with Ripple. He remarked: “SEC has acknowledged NYSE’s 19b-4 filing to list & trade Grayscale XRP ETF… Obviously a potentially huge statement re: SEC’s case vs Ripple.” Geraci further elaborated on what he perceives as a remarkable development: “Shocked more people aren’t talking about SEC accepting XRP ETF filing… They have open litigation w/ Ripple. Meanwhile, they just acknowledged filing of ETF holding asset in dispute (they easily could have rejected this filing). Enormous message IMO.” Related Reading: Massive XRP Accumulation – Whales Bought 520 Million XRP During Market Dip These statements highlight how the SEC’s willingness to initiate the review process—rather than dismissing it outright—could indicate the SEC’s openness to settle or drop the Ripple case which is currently at the Court of Appeals. Fox Business journalist Eleanor Terrett provided additional context on why the acknowledgment alone is noteworthy: “Because it means this SEC is being more open-minded and not flat out refusing to consider these products. Recall, exchanges pulled the SOL 19b-4 applications in December when the Gensler SEC signaled it would not engage with them. […] Next up, the SEC should acknowledge the XRP ETF applications from issuers that filed later than Grayscale — including Bitwise, 21Shares, Canary Funds, Wisdom Tree. The 240-day window for Grayscale’s approval starts when it gets posted to the federal register which should be in a couple of days from now.” Following the announcement, XRP’s price rose by over 5% in a relatively muted overall market. However, technical analysis of the XRP/USDT 4-hour chart indicates that as of press time, the token failed to break through a major resistance level. The rejection occurred at the 0.5 Fibonacci retracement (Fib) around $2.58. If buyers manage to push XRP above this threshold, the next critical resistance is near $2.77 (the 0.618 Fib). A sustained rally beyond that point could see the token retest its January 25 high at $3.40. Featured image created with DALL.E, chart from TradingView.com
The US Securities and Exchange Commission (SEC) has acknowledged Grayscale’s applications for spot Dogecoin (DOGE) and XRP exchange-traded funds (ETFs), according to two Feb. 13 filings by the financial regulator. This marks the first step in a regulatory review process that could determine whether these funds receive approval. Both ETFs aim to track the price […]
The post SEC opens door to Grayscale’s Dogecoin and XRP ETFs with surprising acknowledgment appeared first on CryptoSlate.
Just when you thought the world of crypto and politics couldn’t get any more complex, Former SEC official a controversial figure in the crypto industry, is turning heads. This time, reports suggest he is aligning himself with Donald Trump’s crypto advisory board—an unexpected move given his past political leanings and regulatory stance. Hinman, who previously …