April 28th, 2025
SEC Crypto News - Page 48
Pro-XRP Lawyer Says $20M Settlement Would Be 99.9% Win for Ripple against SEC
By Bhushan Akolkar
November 6th, 2023
Deaton’s perspective aligns with the prevailing sentiment in the cryptocurrency community, which generally regards the proposed $20 million settlement as a favorable resolution for Ripple.
Valkyrie CIO Expects Bitcoin ETF Approval This Month in Preparation for February Launch
By Tolu Ajiboye
November 3rd, 2023
The Valkyrie CIO says that the SEC will ask for comments and possibly approve an ETF proposal this month after all issues are addressed.
US SEC Files Motion for Summary Judgment in Do Kwon Case
By Godfrey Benjamin
November 3rd, 2023
The legal battle surrounding Terraform Labs is not without controversy. Terra co-founder Daniel Shin’s lawyer has blamed the “unreasonable operation of the Anchor Protocol and external attacks carried out by Do-hyung Kwon” for the Terra ecosystem’s collapse.
Michael Saylor Says Bitcoin Will 10x from Unprecedented Demand amid Institutional Involvement
By Tolu Ajiboye
November 3rd, 2023
According to Michael Saylor, Bitcoin will pump significantly after the SEC approves a spot ETF and demand for the king coin spikes.
Gensler’s Leadership at SEC Calls for Concern, Ripple’s Legal Chief Says
By Mayowa Adebajo
November 2nd, 2023
Although the court says that the SEC acted “arbitrarily and capriciously, in violation of the APA,” it would still allow the agency to redeem itself.
Binance Strips Partnership with Russian Ruble Payment Gateway Advcash
By Bhushan Akolkar
November 2nd, 2023
Binance cuts ties with Advcash soon after selling its Russian operations to the crypto exchange CommEX.
DoJ Arrests SafeMoon Executives on Account of Fraud
By Bhushan Akolkar
November 2nd, 2023
The SEC asserts that Karony and Smith inappropriately utilized funds to acquire SAFEMOON tokens with the intention of bolstering their price.
Bernstein Believes Bitcoin Will Hit $150,000 after Spot BTC ETF Approval
By Tolu Ajiboye
November 2nd, 2023
Most predictions are optimistic about a Bitcoin bull run considering the expected spot ETF approval and the upcoming halving.
WeWork Planning to File for Bankruptcy Next Week, WE Shares Decline by Around 50%
By Darya Rudz
November 2nd, 2023
After all the challenges WeWork has faced, the news about its going bankrupt does not seem surprising. The company did not comment on the announcement yet.
Circle Announces Closure of Individual Consumer Accounts on November 30
By Steve Muchoki
November 1st, 2023
The creator of the second largest stablecoin USDC with a market cap of about $24.7 billion announced that it will support only business institutional accounts.
Market-Making Firms Looking to Provide Liquidity for BlackRock’s Bitcoin ETF
By Godfrey Benjamin
November 1st, 2023
Market makers, crucial components of ETF ecosystems, are responsible for the creation and redemption of new ETF shares, ensuring that the ETF’s market price remains in line with the underlying assets it represents.
SEC to Possibly Reevaluate Grayscale Spot Bitcoin Application at November 2 Closed Meeting
By Mercy Tukiya Mutanya
October 31st, 2023
Experts continue to speculate on what the SEC’s next course of action regarding crypto-based ETF applications could be.
Valkyrie Amends Prospectus for Spot Bitcoin ETF Application
By Godfrey Benjamin
October 31st, 2023
As of late October, the SEC is reportedly reviewing eight to ten potential spot Bitcoin spot ETF filings.
Galaxy Digital CEO Novogratz Doubles Down on Spot BTC ETF Prediction
By Mercy Tukiya Mutanya
October 31st, 2023
Meanwhile, Galaxy Digital estimates that a spot Bitcoin ETF could attract enough capital to drive the price of Bitcoin up by 74%.
Bernstein Research: Bitcoin Spot ETF Approval by January 10 Next Looks Highly Likely
By Steve Muchoki
October 31st, 2023
With the US SEC opting not to appeal the Grayscale Investments case, amid ongoing application amendments, experts believe the approval of spot Bitcoin ETF is a matter of when and not if.