The asset manager is considering expanding tokenized securities to the Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph.
Analysts worry ETH will prove a harder sell than BTC to traditional investors.
Coinbase has now filed a motion to compel, including among others, a narrowed request for Gary Gensler’s private communications during his time as Chair.
The approved spot Ether ETF applicants included BlackRock, Fidelity and Grayscale, and are expected to bring billions of dollars into the ecosystem.
The Bitcoin bull market is in full swing, as proved by the BTC futures premium reaching a five-week high.
The Bitcoin bull market is in full swing, as proved by the BTC futures premium reaching a five-week high.
Ripple’s significant donation to Deaton highlights the growing influence of blockchain in politics amid SEC scrutiny.
Gary Gensler will be forced out as SEC chairman if Trump is elected — but he could remain as a commissioner to continue his anti-crypto crusade.
After a long period of speculation and uncertainty, Spot Ethereum ETFs (exchange-traded funds) will officially commence trading next week, on Tuesday, July 23, 2024. This significant development was announced by the Chicago Board Options Exchange (CBOE). Five Spot Ethereum ETFs Go Live On Cboe Next Week On Friday, July 19, the Chicago Board Options Exchange […]
Last week, a federal judge convened a hearing for the U.S. Securities and Exchange Commission's case against Binance after publishing her ruling on Binance's motion to dismiss the SEC lawsuit.
The issuers must still await final regulatory signoff on S-1 filings before listing the funds.
The failed assassination attempt on the former US president may (perversely) be good for crypto. “Trump’s victory odds just went up significantly.”
The ongoing legal battle between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC) could end this week with a settlement between the two parties, as the SEC has scheduled a meeting behind closed doors for Thursday, July 18, 2024. Ripple Vs. SEC Settlement This Week? Brett Hill, an ambassador from the crypto […]
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of the digital assets.
The US Securities and Exchange Commission (SEC) has reportedly accepted a proposal with exceptions for certain institutions affected by the controversial Staff Accounting Bulletin No. 121 (SAB 121), according to Bloomberg Tax. The SEC has allowed some banks and brokerages to bypass balance sheet reporting through new business practices that provide exceptions to the crypto […]
The post SEC reportedly accepts SAB 121 exceptions to crypto accounting rules for banks and brokerages appeared first on CryptoSlate.
Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.
The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security.
Amidst ongoing broader efforts to align the cryptocurrency space with the White House policies, Ripple Chief Executive Officer (CEO) Brad Garlinghouse has publicly criticized the United States Securities and Exchange Commission (SEC) chairman Gary Gensler, underscoring the tensions between the digital asset industry and government regulators. Garlinghouse’s critique centers on what he sees as SEC […]
The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.
Stuart Alderoty, the Chief Legal Officer (CLO) of prominent blockchain company Ripple, has criticized the US over its inaction in the establishment of clear crypto regulations. This development underlines the continuous calls for the economic superpower to form a stable regulatory framework for digital assets amidst consistent enforcement actions by the US Securities and Exchange […]
Binance’s alleged illegal operations were highlighted in court on July 5, with a central bank official testifying on the lack of necessary licenses and regulatory approval.
In the ongoing legal battle between crypto exchange Coinbase and the US Securities and Exchange Commission (SEC), Coinbase’s Chief Legal Officer, Paul Grewal, has taken to social media platform X to voice his concerns over the SEC’s attempt to prevent discovery of communications from SEC Chair Gary Gensler. The legal tussle centers around a subpoena […]
A federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB.
SEC Chair Gary Gensler said that the commission could give final approvals on spot Ether ETFs sometime in summer 2024, while some analysts are predicting as early as July.
Pro-XRP lawyer Fred Rispoli, founder of HODL Law, has made a stunning prediction on X regarding a potential verdict in the Ripple vs. SEC case. Rispoli noted a recent filing case, specifically Ripple’s Notice of Supplemental Authority regarding the recent Binance decision by the US District Court for the District of Columbia. The court’s decision […]
Ripple Labs has filed a notice of supplemental authority to bolster its stance in the enduring legal face-off with the Securities and Exchange Commission (SEC). This filing was made to the United States District Court for the Southern District of New York in response to the SEC’s motion seeking remedies and final judgment. Ripple Uses […]
The XRP price continues to remain suppressed under the heat of the Ripple vs. the United States Securities and Exchange Commission (SEC) legal battle. This suppressed price action has continued to discourage investors when its comes to the altcoin. However, not everyone has succumbed to the bearish pressure, as crypto analyst RLinda believes that the XRP price could be attempting a decoupling that could lead to a price breakout from here. XRP Price Decoupling Could Trigger Price Crypto analyst RLinda has forecasted a bullish picture for the XRP price where the altcoin could completely break out of its sluggish movement. The analysis which has now spanned a number of a days flows through XRP’s performance over the last year and how it has suffered crashes even when others in the market were reaching new all-time highs. Related Reading: Analysts Says Cardano Has Bottomed And Will Rally To $0.8, But It Must Hold This Level While the coin continues to be bogged down by the Ripple vs. SEC battle, crypto analyst RLinda believes that the XRP price could be reaching a possible decoupling. She explains that this is happening not just technically but fundamentally as well. A possible decoupling is bullish for the XRP price, given that it would be the start of a major price rally. Using the 1-Week chart, the crypto analyst highlights some technical developments that could be important to this possible decoupling. The first of these is that XRP is still testing the “Wedge resistance with the aim of breaking it.” Also, RLinda points out that volatility is decreasing as the consolidation is continuing at this point. However, this consolidation could be the reason that the price begins another rally. As for where the price could go from here, the crypto analyst points out that it could possibly rally as high as $0.6265 and even reach $0.73 by the time it is done. However, XRP must hold the support level at $0.4637 while breaking the resistances being mounting at $0.4962 and $0.5720. Factors Holding Price Down While XRP price continues to be one of the most popular cryptocurrencies in the market, a number of factors have suppressed. The major one is the lawsuit mentioned above. Even though Ripple has scored multiple victories against the regulator during this time, the fact that the lawsuit is yet to be officially over continues to present a major hurdle. Related Reading: Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level In her analysis, RLinda points to these issues as being behind the price not performing well. However, Ripple CEO Brad Garlinghouse has said that he expects the lawsuit and settlement to be complete by the end of this summer. This puts it sometime before September. If this happens, then it would mark a pivotal point for the turnouts in the XRP price. “The Ripple vs. SEC case is a pivotal moment for cryptocurrency regulation, as a final victory would be a strong green sign for the entire cryptocurrency community amidst the SEC getting a number of restrictions on its activities lately due to overstepping its authority,” the analyst said. Featured image created with Dall.E, chart from Tradingview.com
Binance.US, the American arm of the world’s largest crypto exchange by trading volume, Binance, is ready for the next phase of its ongoing legal dispute with the Securities and Exchange Commission (SEC), according to a July 1 statement. The firm stated: “On Friday, the Court decided that the SEC’s case against Binance.US will continue. We […]
The post Binance US is confident that the ‘SEC’s case is unsupported by the facts or the law’ appeared first on CryptoSlate.
Hawaii’s regulator announced the official end of the Digital Currency Innovation Lab (DCIL) on June 30. The DCIL concluded that crypto firms no longer needed a Money Transmitter License (MTL) to operate in the state. Related Reading: Coinbase CLO Accuses SEC Of Continued Stonewalling, As Legal Battle Intensifies Hawaii Crypto Firms No Longer Need MTL […]