With the saga pitting the U.S. Securities and Exchange Commission (SEC) against Ripple Labs seemingly coming to a close after four grueling years, experts say the path is now clear for an XRP exchange-traded fund (ETF) in the United States. Nate Geraci, a well-regarded ETF analyst, has voiced optimism about the future of XRP ETFs, […]
XRP ETF Incoming? Analyst Says Ripple’s Legal Win Changes Everything Read More »
The US SEC has dropped its investigation into Web3 gaming company Immutable, deciding not to pursue any enforcement action over its IMX token, the company said. The Australia-based firm announced the development Wednesday, marking another win for crypto companies that had faced intense regulatory scrutiny under the agency’s previous leadership. “Today we are happy to
SEC Winds Down Another Crypto Probe, With Web3 Firm Immutable Now Off the Hook Read More »
Ripple has settled with the U.S. Securities and Exchange Commission (SEC), agreeing to pay a $50 million penalty and withdraw its cross-appeal in the long-running lawsuit. In return, the SEC will request that an injunction that prevents Ripple from selling XRP to institutional investors be removed. The settlement significantly reduces Ripple’s financial penalty, originally set
Ripple Settles With SEC: Pays $50M, Case Nears Conclusion Read More »
Sen. Elizabeth Warren is demanding answers from SEC Chair nominee Paul Atkins over his ties to defunct crypto exchange FTX ahead of his confirmation hearing on Thursday. In a sharply worded letter, Warren raised concerns about Atkins’ role as an advisor to FTX. She questioned whether he ignored or missed red flags as the exchange
Sen. Warren Presses SEC Nominee Paul Atkins on FTX Links and Regulatory Rollbacks Read More »
Acting Chair of the United States Securities and Exchange Commission (SEC) Mark Uyeda allegedly was the sole commissioner to vote against suing tech billionaire Elon Musk over his late disclosure of his stock in X (then Twitter), a Monday Reuters report claims. Key Takeaways: Uyeda and four other SEC commissioners held a private vote on
SEC Chair Voted Against Suing Elon Musk: Reuters Read More »
Key Takeaways: The SEC’s Crypto 2.0 Task Force introduces an initiative to regulate both on-chain and off-chain digital asset transactions, aiming to align them with traditional securities standards. With the DART system, the SEC seeks to enhance transparency and oversight, addressing long-standing concerns over market manipulation and data discrepancies in off-chain trading. This initiative resulted
SEC Forms Crypto 2.0 Task Force to Enhance Trade Oversight Read More »
Today in crypto, Michael Saylor’s Strategy acquired 6,911 Bitcoin for $584 million during the latest dip, pushing its total Bitcoin holdings beyond 500,000, according to a new SEC filing. Bitcoin could be gearing up to return to the $90,000 level after US President Donald Trump signaled plans to ease tariffs, and ARK Invest founder Cathie
Here’s what happened in crypto today Read More »
The acting SEC chair urged rulemaking over enforcement to clarify crypto regulations and avoid courtroom confusion. Acting SEC Chair Urges Crypto Reset—Classification Shouldn’t Be Courtroom Chaos Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark T. Uyeda led the inaugural session of the agency’s Crypto Task Force roundtable on March 21 in Washington D.C. He
Acting SEC Chair Rejects Enforcement—Demands Real Crypto Rules Read More »
A Polymarket wager amassing $54,666 in trading volume suggests an 87% likelihood that a spot XRP exchange-traded fund (ETF) will secure regulatory approval by 2025. XRP ETF Mania Hits 87% Confidence: Polymarket Traders Bet Big on 2025 Approval In January 2024, the U.S. Securities and Exchange Commission (SEC) cleared the way for multiple spot bitcoin
Ripple Effect: Surging XRP ETF Optimism Follows SEC Legal Retreat Read More »
In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3% quarter-over-quarter. Messari’s latest analysis revealed that the figure rose from $51.2 million to $79.5 million. Market Participation Plummets Despite this growth, both the average daily sellers and buyers declined significantly, with daily sellers dropping 43.0%
Immutable X and zkEVM NFT Sales Surge 55% in Q4 2024, But Market Participation Declines Read More »
