The Blockchain Association urged the SEC to take an "incremental, flexible approach" to regulating cryptocurrency.
Key lawmakers are set to release a discussion draft in the coming days that would lay out a momentous regulatory framework for digital assets.
Industry leaders urged the SEC to provide clear guidance on the regulatory treatment of staking under U.S. securities laws.
The Solana Policy Institute put forward a new framework that would put equity securities on the blockchain.
The Securities and Exchange Commission did not pursue any enforcement action related to PayPal's stablecoin, the company said.
Former Rep. McHenry is predicting "a wicked hot summer of legislation for crypto" as lawmakers quickly try to get bills finalized by August.
The SEC is delaying making decisions on whether to allow the listing and trading of crypto ETFs tracking XRP and another tracking Dogecoin.
The UK's Chancellor of the Exchequer recently discussed crypto innovation with U.S. Treasury Secretary Scott Bessent.
XRP’s price outlook has taken an unexpected twist as one of its most ardent supporters, EGRAG CRYPTO, issued a short-term bearish prediction. Known across the crypto community for his unwavering bullish stance on XRP, EGRAG’s latest forecast has caught many by surprise. In a post shared on social media platform X, the analyst warned that the current market structure could push XRP into a significant short-term decline before any meaningful recovery unfolds. EGRAG CRYPTO Warns Of Potential Drop Toward $1.24 Before Rally According to EGRAG CRYPTO, the immediate technical outlook for XRP points to the possibility of a sharp correction. Backing up his forecast, EGRAG CRYPTO shared a detailed price chart showing the current position within a broader bull market structure. The chart shows how XRP is currently trading below the bull market support band. Notably, XRP’s position below the bull market support band has dragged on for over month, ever since it broke below in the middle of March. The longer XRP continues to trade below this band, the higher the possibility of a significant retest. Related Reading: XRP Surpasses Ethereum In This Major Metric After Outperforming For 6 Months EGRAG CRYPTO noted that the XRP price has failed so far to reclaim the $2.33 and $2.45 resistance zones, which sit at the upper edge of the bull market support band on the daily timeframe chart. He explained that as long as the price continues to trade under the $2.33 and $2.45 thresholds, bears could remain in control and drag the asset lower toward the 0.702 Fib extension level. In terms of a price target, this 0.702 Fib is currently sitting at $1.24, which means the price could crash towards this level before rebounding above the bull market support band. Interestingly, this $1.24 zone coincides with an important breakout structure from November 2024, which served as the launchpad for XRP’s rally to $3.4. Consequently, retesting this zone could serve as a validation of prior breakout strength and ultimately fuel a more sustainable long-term uptrend. EGRAG CRYPTO’s Advice: Accumulate XRP Instead Of Panic Selling Despite his short-term bearish tone, EGRAG urged holders not to panic or make emotional decisions. Addressing concerns he anticipated from followers, he made it clear that he does not advise selling XRP to try and time a lower re-entry. Instead, he encouraged the community to continue accumulating during the predicted dip, rather than chasing short-term market trends. Related Reading: XRP ETFs And A Price Surge: What To Expect If The SEC Gives Greenlight A dip to $1.24, while unsettling for some, could pave the way for a much larger rally that would push the altcoin into the long-anticipated double-digit territory. In another analysis, EGRAG CRYPTO predicted a long-term XRP price target of $27. At the time of writing, XRP is trading at $2.27, up by 5.13% and 7.26% in the past 24 hours and seven days, respectively. This comes as a response to ProShares securing SEC approval to launch three XRP Futures ETFs on April 30. Similarly, the first XRP Spot ETF was recently launched by crypto asset manager Hashdex in Brazil. Featured image from Adobe Stock, chart from Tradingview.com
Advocacy group Solana Policy Institute is adding another crypto veteran to its ranks — Rachel Green Horn to be its chief marketing officer.
A shelf offering allows a company to register for a new securities issuance to offer equity and debt sales over time.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
In his fourth day at the job, new SEC Chairman Paul Atkins said he anticipates "huge benefits" from digital assets.
An exchange-traded fund entity tracking NEAR has been filed as a Delaware trust company by crypto asset manager Bitwise.
The move is part of a larger wave of the SEC rescinding its enforcement actions against multiple major crypto players.
El Salvador’s CNAD met up with the SEC’s Crypto Task Force on April 22.
The SEC is pushing back its deadline for a few proposals to list and trade crypto funds based on DOT to HBAR tokens.
Following the success of its first session on April 11, the U.S. Securities and Exchange Commission (SEC) is set to host the second installment of its four-part SEC Crypto Roundtable series tomorrow on April 25th. This session will zero in on one of the most debated issues in digital asset regulation—crypto custody and the legal …
According to the SEC, Ramil Palafox misappropriated more than $57 million in customer funds, using it to buy Lamborghinis and luxury products.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The US Securities and Exchange Commission (SEC) has filed fresh charges against a crypto scam operator, even as it closed one of its most controversial cases. This marks the SEC’s first major enforcement update under the newly appointed SEC Chair Paul Atkins. The juxtaposition of cases, aggressive prosecution in one and total dismissal in another, […]
The post SEC cracks down on new $198M crypto fraud as it drops case against Hex’s Richard Heart appeared first on CryptoSlate.
Attorney says dismissal marks only crypto case tossed in full by a federal judge.
The agency's complaint charges Ramil Palafox with violating anti-fraud and registration provisions of federal securities laws.
The SEC decided not to file an amended complaint against Hex founder Richard Heart for its fraud lawsuit.
Atkins' remark echoes his previous testimony, where he said laying the groundwork for a digital asset framework would be his top priority.
In a letter to shareholders on Tuesday, Unicoin CEO Alex Konanykhin said the SEC’s investigation has inflicted “multi-billion-dollar damages” on its investors and token holders.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
As uncertainty in the broader market looms over the crypto space, some market pundits remain remarkably upbeat—especially when it comes to XRP. A anonymous cryptocurrency analyst referred to as “Papa” sees XRP reaching a price of up to $14 despite the latest challenges besetting the digital money. The bold prediction comes amid XRP fighting to hold steady at the level of around $2 after experiencing four straight days of losses. Related Reading: Pi Network Frenzy Builds: $5 Prediction As Whales Take Out Millions Market Sends Uncertain Signals On XRP Future XRP last reached a two-week high of $2.24 on April 13 before pressure from selling took it down to $2.04 by Friday, April 18. This 4% decline was the first instance since late March when XRP had recorded four consecutive days of falling prices. As per current technical markers, sentiment remains neutral while the Fear & Greed Index hovers at 39, solidly in “Fear” territory. $XRP SCREAMING HIGHER ???? pic.twitter.com/DnRGTDs5x6 — PAPA♛ (@MamaGucci) April 19, 2025 In spite of these warning signs, Papa is convinced XRP is “screaming higher” according to chart patterns that reflect the cryptocurrency’s historic bull run of 2017-2018. History May Repeat With New Chart Patterns Reflecting on XRP’s most explosive growth phase, the analyst identifies a symmetrical triangle pattern that developed on a 44-day chart in the 2017-2018 bull market. Following an initial 7,800% rise from $0.0055 in March 2017 to $0.3988 in May of that year, XRP consolidated before breaking out to hit its then-all-time high of $3.31 in January 2018—a breathtaking 1,760% rise from its low of $0.177. Based on these figures, Papa observes similar trends emerging in the current market. In the present cycle, XRP rose 570% from November 2024 at $0.50 to an all-time high of $3.39 in January 2025. Since then, it has fallen 38% and spent three months consolidating. Related Reading: Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip Technical Indicators Hint At Double-Digit Prices The analyst’s price targets are derived from Fibonacci extension levels—technical indicators that traders use to forecast price action. During its 2017-2018 run, XRP hit multiple Fibonacci targets at the 1.272, 1.618, 2.618, and 4.618 levels. This type of projection isn’t wishful thinking—it’s driven by historical trends and a technical configuration that has taken shape in market cycles. Fibonacci extensions are considered a guide map by many experienced traders, particularly when an asset moves out of years-long zones of consolidation. In the case of XRP, the intersection of structural resistance, sentiment, and historical Fibonacci behavior provides a strong ground for a breakout, that if conditions are right. From current levels, the analyst sees a potential 575% climb for the altcoin, with the $14 target aligning with the 4.618 Fibonacci extension. He believes hitting that mark depends on XRP breaking above the upper trendline of its current parallel channel at $3, which would set the stage for a similar extension in this cycle. Whether Papa’s pattern-based forecast is accurate or not will hinge on XRP’s capacity to overcome the all-important $3 resistance ceiling within the next few weeks. Featured image from CoinFlip, chart from TradingView
Paul Atkins officially took office as the 34th US Securities and Exchange Commission (SEC) chairman on April 21. This marks a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 during the George W. Bush administration. In his return to the SEC, Atkins stated that he was […]
The post Paul Atkins takes over as SEC chair today aiming to usher in new pro-crypto era appeared first on CryptoSlate.
The new SEC chairman is expected to spearhead efforts at the commission to establish clear and agreeable regulations around crypto.