SEC’s Crypto Rule Gets Targeted By Lawmakers Amid Budget Cuts

Key Highlights: Debate on New Bill U.S. House lawmakers will debate a bill that limits the SEC’s Crypto Rule over SAB 121. This discussion is set to address several key financial regulations and introduce significant changes in the oversight of…

The SEC Closed in Salt Lake City Struggling with a Crypto Case

Key Highlights: The SEC (US Securities and Exchange Commission) is set to close its regional office in Salt Lake City. This decision stems from its ongoing crackdown on the crypto industry and unfavorable case outcomes. SEC cited “significant attrition” as…

Ethereum Spot ETF: ETH Price Reaction as $10,000 Predictions Seems to be Feasible

The Ethereum Spot ETF is tied to the price of the crypto token, and it allows traders to buy and sell Ethereum tokens without needing to own or create a crypto wallet. After the green light was given by the…

Ether ETF Approval Sparks Investor Interest and 26% Price Surge

The recent pivot by the U.S. Securities & Exchange Commission (SEC) towards potentially allowing exchange-traded funds (ETFs) for Ether has ignited a wave of enthusiasm among investors. This surprising move has catalyzed a 26% surge in Ether, marking the largest…

House Approves Crypto Bill Despite SEC Resistance

On Wednesday, the House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT 21), establishing a new regulatory framework for cryptocurrencies. The bill delineates when digital assets should be regulated by the Securities and Exchange…

Uniswap Labs Challenges SEC Over Crypto Regulation

Uniswap Labs, the decentralized trading platform on Ethereum, is standing firm against the US Securities and Exchange Commission (SEC). The New York-based startup asserts that the potential enforcement action suggested by the SEC is unfounded, as it fundamentally misunderstands the…

“The SEC’s Decision on Spot Ether ETFs Will Catch the Market by Surprise,” Crypto Trader Matthew Hyland

The potential approval of spot Ether ETFs by the United States Securities and Exchange Commission (SEC) is a hot topic right now. So, many in the crypto community expect denial. However, some analysts believe there might be a surprise. Crypto…

XRPL Transaction Surge: Here Are The Key Factors Driving The 108% Increase in Q1 2024

In the first quarter of 2024, the XRP Ledger recorded 251.39 million on-chain transactions(XRPL), an increase of 108% compared to the previous quarter. According to a report published on May 17, a total of 251.39 million transactions took place on…

Investment Firms Face Uncertainty as SEC Reviews Ether ETFs

Investment companies eagerly awaiting the Securities and Exchange Commission’s (SEC) decision on launching exchange-traded funds (ETFs) based on the Ether cryptocurrency are facing mounting uncertainty. Despite the growing demand for these products, the SEC’s silence has left industry insiders bracing…

Mark Cuban Believes Cryptocurrency Will Influence 2024 Election and Criticizes SEC Regulations

In a recent social media post, billionaire entrepreneur Mark Cuban shared his perspective on the role of cryptocurrency in the upcoming 2024 election. Cuban’s comments were directed at Donald Trump, the former Republican presidential candidate, who has been actively engaging…