April 28th, 2025
SEC Crypto News - Page 43
Elon Musk-backed xAI Notifies US SEC of Its Intentions to Raise $866.3M through Equity Offering
By Steve Muchoki
December 6th, 2023
xAI, the Nevada-based tech company, has so far raised $134 million in its bid to achieve $1 billion to further improve AI tools used by GROK.
New Jersey: Assemblyman Proposes Bill to Regulate Digital Assets as Securities
By Babafemi Adebajo
December 6th, 2023
The bill shows that New Jersey is following New York’s lead by establishing a comprehensive crypto framework.
SEC Delays Decision on Grayscale Spot Ethereum ETF, ETH Price Remains Stable
By Bhushan Akolkar
December 6th, 2023
The US SEC has delayed its decision on converting Grayscale’s ETHE product to a spot Ethereum ETF by another 45 days with the next hearing on January 25, 2024.
After Bitcoin Halving BTC Will Be More Scarce than Gold for First Time Ever, Brian Kelly Says
By Tolu Ajiboye
December 6th, 2023
The rise in Bitcoin price and the reduction in production quantity may offer Bitcoin some bullishness but also make it scarcer than gold.
XRP Price at $0.6, Will XRP Follow Bitcoin Bull Run in December?
By Tolu Ajiboye
December 5th, 2023
Although Bitcoin has outperformed XRP in 2023, there is the chance that XRP could follow in Bitcoin’s footsteps for a December bull run.
Open Interest in Bitcoin Perpetual Futures Hits New Yearly Record on Deribit Exchange
By Tolu Ajiboye
December 5th, 2023
The Deribit exchange has recorded a new yearly high for Bitcoin perpetual futures open interest, a record not seen since BTC’s ATH.
Coinbase Stand with Crypto Campaign Unveils First Presidential Forum
By Chimamanda U. Martha
December 5th, 2023
Stand With Crypto disclosed on its website that the event would feature the presence of Republican candidate Asa Hutchinson, currently serving as the 46th governor of Arkansas.
Coinbase and MicroStrategy Stock Jump Almost 9% amid Bitcoin Rally
By Godfrey Benjamin
December 4th, 2023
With MicroStrategy’s shares trading at $574 ahead of today’s open, a level not seen since April 2022, investors are closely watching the company’s performance amid the ongoing crypto resurgence.
Bitcoin (BTC) Price Keeps Growing, Sets New 2023 ATH at $42,100
By Godfrey Benjamin
December 4th, 2023
A new 2023 BTC ATH has been registered at $42,100.
SEC in Discussion with Grayscale and Seven Other Spot Bitcoin ETF Applicants
By Bhushan Akolkar
December 4th, 2023
SEC’s discussion with top applicants of spot Bitcoin ETF continue as BTC price has rallied past $41,532 in a fresh surge.
Court Rejects Appeal to Dismiss Class Action Suit against Terraform Labs and Do Kwon
By Chimamanda U. Martha
December 1st, 2023
The class action was one of the many lawsuits brought against the company last year after the Terra-LUNA fiasco that wiped out billions of dollars as investors watched their funds vanish into thin air within a matter of days.
US to Delay Approval of Proposed Crypto Bills until Early 2024
By Chimamanda U. Martha
December 1st, 2023
Republicans had hoped to get US crypto legislation through the House in 2023. However, now 2024 seems to be a more likely period.
SEC Considers Fidelity Investments’ Proposed Ethereum ETF
By Godfrey Benjamin
December 1st, 2023
Bloomberg ETF analyst James Seyffart estimates that the SEC’s decision deadline for Fidelity will likely be January 21, 2024, with the final decision expected on March 8, 2024.
Hester Peirce Challenges SEC’s Crypto Enforcement Strategies
By Godfrey Benjamin
December 1st, 2023
When asked about the SEC’s long-term vision for cryptocurrency regulation, Peirce admitted she couldn’t provide a definitive answer but emphasized the importance of adhering to the mandate given by Congress.
Celsius Network Allows Withdrawals for Qualified Custody Clients
By Babafemi Adebajo
November 30th, 2023
Celsius also advised customers to make use of its mobile app for the withdrawal, stating the app would only be available for a limited time.