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 […]
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The new SEC chairman is expected to spearhead efforts at the commission to establish clear and agreeable regulations around crypto.
Coinbase is pushing back against a fresh legal challenge from Oregon Attorney General Dan Rayfield, according to an April 18 statement. In a post on social media platform X, Paul Grewal, Coinbase’s chief legal officer, called it a “copycat case” that mimics the US Securities and Exchange Commission’s (SEC) now-dismissed lawsuit against the exchange. According […]
The post Coinbase sounds alarm against potential Oregon ‘copycat’ securities lawsuit appeared first on CryptoSlate.
Canary Capital is looking to get the SEC's sign-off for an ETF that would track the Tron token TRX and has a staking component.
Oregon's Attorney General lodged a lawsuit against Coinbase similar to federal charges that were dropped a few months ago.
XRP is making headlines this month as whale activity surges across the network. In a surprising twist, reports indicate that XRP whales have dumped more than $700 million worth of tokens just this April. This sudden shift in whale behavior raises the question of what these big players are really up to. XRP Whales Offload 370 Million Tokens In April On April 15, prominent crypto analyst Ali Martínez reported on X (formerly Twitter) that XRP whales have begun dumping the popular cryptocurrency in large volumes. Following a period of substantial token accumulation, these large-scale investors have sold over 370 million XRP since the beginning of April. Related Reading: Trump-Powered Rally Triggers Heavy Dumping From XRP Whales, Here’s How Much Notably, this massive whale sell-off amounts to over $700 million, triggering a wave of speculation about the intentions behind this move. More interestingly, the XRP dumps appear to align with recent price fluctuations, as whales tend to heavily influence market dynamics, especially during a downturn. The Santiment chart provided by Martinez reveals a clear trend, from April 3 to 14, 2025, that XRP wallets holding between 100 million to 1 billion tokens have drastically reduced their holdings. As this large-scale whale dumping progressed, the XRP price dropped to new lows around April 8 and then began a steady climb, reaching $2.1 at the time of writing. While the reason behind such large-scale exits is unclear, a few plausible explanations exist. Whales might be capitalizing on earlier price gains to lock in profits while the market conditions for XRP remain relatively stable. These investors could also be responding to heightened market volatility, pushing them to shift their holdings into alternative assets to hedge risks and safeguard against losses. Another possibility is that these big players are selling tokens between wallets or transferring them to exchanges in anticipation of a significant event — perhaps the final legal decision between Ripple and the United States Securities and Exchange Commission (SEC). In less optimistic scenarios, such coordinated whale activity, which tends to influence prices, may be indicative of market manipulation, often aimed at achieving strategic gains. Although it’s uncertain whether the above motives are driving recent whale dumps, one thing is clear: large-scale XRP movements always warrant close attention. With XRP now hovering around $2, the market waits to see just how these sell-offs will influence the future price of the cryptocurrency. Update On Latest XRP Price Action According to crypto analyst Andrew Griffiths, the current XRP price analysis indicates a notably bullish trend. This momentum emerged after the cryptocurrency surpassed two key resistance levels and established a solid support level, signaling a potential upward movement. Related Reading: XRP Price Reversal Toward $3.5 In The Works With Short And Long-Term Targets Revealed As a result, the analyst predicts that XRP could record a massive gain of over 20% in the coming weeks. With the token currently trading at $2.10, a 20% increase would bring it to approximately $2.589. Based on the upward trajectory within the Ascending Channel seen on the price chart, the analyst predicts that XRP could climb as high as $3.3. Featured image from Pixabay, chart from Tradingview.com
Crypto lobbyists also dropped a lawsuit against the IRS.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
NFT collection CyberKongz says the SEC has shut its investigation, marking the latest probe ended by the agency since Trump took office.
Trump family's crypto ventures — including a planned stablecoin launch — could stall crypto regulatory advancements, according to TD Cowen.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
May 22 is the next important date to watch as the SEC must respond to Grayscale's spot XRP ETF filing by then.
The regulator delayed two important decisions until June.
The regulator aims to make a decision regarding rule changes to allow these funds in the coming weeks, according to documents on Monday.
The judge in the case granted the parties' last joint request for a 60-day pause back in February, citing ongoing work by the SEC's crypto task force.
After a long legal fight, Empower Oversight received a report from the SEC’s Office of Inspector General. The report investigated whether former SEC official William Hinman had a conflict of interest when he said Ethereum was not a security. At the time, Hinman was still getting payments from his former law firm, which was linked …
The parties previously asked a judge to pause the case for 60 days.