April 28th, 2025
SEC Crypto News - Page 52
Ripple Secures Major Payments License in Singapore
By Mayowa Adebajo
October 4th, 2023
Obtaining the license is an all-important move for Ripple, especially for its keen interest in growing its presence in the APAC region.
Ethereum Futures ETFs Underwhelm on First Day of Trading
By Mercy Tukiya Mutanya
October 3rd, 2023
By mid-day, the ETFs had seen less than $2 million in trading volume. According to the analyst, this was “about normal” for a new ETF but low when compared to BITO, the first Bitcoin futures ETF, which did $200 million in the first 15 minutes of trading.
Terraform and Do Kwon Secure First Victory as Investors Drop Class-Action Lawsuit
By Temitope Olatunji
October 3rd, 2023
Lawyers representing the investors submitted a notice of voluntary dismissal of the lawsuit against Terraform Labs and Do Kwon in the United States District Court for the Northern District of California.
VanEck Rolls Out First Ethereum Futures ETF Structured as C-Corp
By Chimamanda U. Martha
October 2nd, 2023
The launch of EFUT marks the company’s second foray into the futures ETF market.
Bitcoin Price Above 28,000 and Ether Above $1700 Wiping $70M in Shorts
By Godfrey Benjamin
October 2nd, 2023
While the recent price surge brought joy to long-term investors and HODLers, short sellers are notably facing a different fate.
FTX Exploiter Moves $17M in ETH, Ethereum Futures ETFs Prepare for Debut
By Bhushan Akolkar
October 2nd, 2023
Despite this major shuffle by FTX exploiter, Ethereum price has gained to $1,750 levels before the launch of Ethereum futures ETFs.
Circle Intervenes in SEC Case against Binance, Defends Stablecoins’ Regulatory Status
By Godfrey Benjamin
September 29th, 2023
The SEC’s case against Binance centers on its claim that BUSD was sold as an investment contract, primarily because Binance marketed it as offering yield through reward programs.
Crypto Analysts Remain Bullish SEC Postpones Spot Bitcoin ETF Verdict for BlackRock, Invesco, Bitwise
By Temitope Olatunji
September 29th, 2023
Eric Balchuna claims that by the end of 2024, there is a 95% chance that a spot Bitcoin ETF will be approved, up from a 75% likelihood this year.
VanEck Announces Upcoming Launch of Ethereum Futures ETF (EFUT)
By Steve Muchoki
September 29th, 2023
VanEck will not invest in Ethereum directly since the product tracks Ether futures that are traded on the Chicago Mercantile Exchange (CME).
Coinbase Secures License to List Crypto Perpetual Futures for Retail Users
By Bhushan Akolkar
September 29th, 2023
By securing the latest regulatory approval, Coinbase would be able to offer its eligible customers access to regulated perpetual futures contracts on the Coinbase Advanced platform.
Ripple Walks Away from Deal to Acquire Fortress Trust Only a Few Weeks after Announcement
By Tolu Ajiboye
September 29th, 2023
For reasons best known to Ripple and CEO Garlinghouse, the deal to acquire Fortress Trust is now off despite enthusiasm shown weeks ago.
Celsius Network Valuation Consultant Approves Value of Debtors’ Assets and Liabilities
By Tolu Ajiboye
September 28th, 2023
Officially, the valuation as of the end of May is correct and Celsius will pay creditors $2 billion in Bitcoin and Ether tokens.
Trading of Ethereum Futures ETFs May Start Next Week
By Mercy Tukiya Mutanya
September 28th, 2023
According to analysts, there are 15 Ether futures ETFs awaiting approval.
Kraken Crypto Exchange to Introduce Stock Trading for US and UK Clients
By Mercy Tukiya Mutanya
September 28th, 2023
A foray into traditional finance by Kraken would put the exchange in direct competition with US-based trading platform Robinhood.
CIA to Launch ChatGPT-Style AI Tool for Enhanced Intelligence Analysis
By Chimamanda U. Martha
September 27th, 2023
While the CIA is yet to reveal specific details about the model underpinning the soon-to-be-launched AI tool and its privacy safeguards, its director assured that the intelligence agency adheres closely to privacy laws in the United States.