In a significant development within the cryptocurrency industry, the North American Securities Administrators Association (NASAA) has expressed its support for the U.S. Securities and Exchange Commission (SEC) in their ongoing lawsuit against Coinbase, one of the leading cryptocurrency exchanges. This…
The SEC is Close to Approving ETF from Ark Invest after a New Update to their spot Bitcoin ETF Application
The race for the approval of the spot Bitcoin ETFs continues. So, many financial companies are already having expectations of the SEC approving theirs. One of them is Ark Invest, who recently made an update to their spot BTC ETF…
SEC Urges Judge to Reject Coinbase Motion to Dismiss Lawsuit
In a significant legal development, the U.S. Securities and Exchange Commission (SEC) has filed a motion urging a federal judge to deny Coinbase Global’s motion to dismiss the regulator’s lawsuit against the popular cryptocurrency exchange. This move by the SEC…
Grayscale’s massive victory : Big Opportunity for Bitcoin ETF Approval
Grayscale’s Victory: A Turning Point in Crypto Regulation Grayscale Investments LLC, a major player in the crypto asset management space, has achieved a significant legal victory against the US Securities and Exchange Commission (SEC). In a surprising turn of events,…
Ripple CTO Dissects SEC’s Argument in Coinbase Lawsuit: Challenging the Logic Behind It
In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple’s Chief Technology Officer (CTO), David Schwartz, recently offered his critical insights on the SEC’s arguments presented in the lawsuit against Coinbase. As we…
SEC Asserts: ‘Major Questions’ Doctrine Does Not Bar Coinbase Crypto Case
The U.S. Securities and Exchange Commission (SEC) has responded to Coinbase’s motion for a quick judgment in the agency’s ongoing case against the crypto trading platform. In a recent brief, the SEC refutes Coinbase’s argument that Congress has not authorized…
Reasons The SEC Will Never Win the SEC vs Ripple Case After Court Strikes Out Their Appeal
The SEC vs Ripple case is something that is dragging on for a long time. However, Ripple is making more progress than the SEC. So, the judge handling this case rejected the interlocutory appeal from the SEC. SEC vs Ripple…
Ripple’s Legal Triumph: Charting the Future of the Crypto Industry Amidst Regulatory Challenges
In a recent discussion, Brad Garlinghouse, CEO of Ripple, and Stu Alderoty, Ripple’s General Counsel, delved into the company’s protracted legal battle with the U.S. Securities and Exchange Commission (SEC) and its profound implications for the cryptocurrency industry. This article…
Grayscale Submits SEC Filing for Ethereum Trust Conversion to Spot ETF
In a significant move within the world of cryptocurrency investment, Grayscale Investments has submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking approval to convert its popular Grayscale Ethereum Trust into a spot Ethereum exchange-traded fund (ETF).…
After SEC Approval, Valkyrie Funds Expands Offering with ‘Ether’ Futures in Exchange-Traded Fund
Valkyrie Funds, a renowned investment manager in the financial industry, has recently made waves with the launch of its groundbreaking Ether Futures Exchange-Traded Fund (ETF). This move comes after receiving approval from the U.S. Securities and Exchange Commission (SEC), marking…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
