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Bitwise

Bitwise Eyes Launch of XRP ETF Amid Regulatory Landscape

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Bitwise, a prominent crypto asset manager based in San Francisco, California, has confirmed its plans to launch a major new exchange-traded fund (ETF) based on XRP. The seventh-largest cryptocurrency by market capitalization. This move follows the Securities and Exchange Commission (SEC)’s recent approvals of Bitcoin and Ethereum ETFs from various firms earlier this year. Growing […]

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SEC charges Rivetz

SEC Charges Rivetz with Unregistered Securities Offering

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In September 2021, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Rivetz Corp., its subsidiary Rivetz International SEZC, and founder Steven Sprague. The SEC alleged that Rivetz conducted an unregistered securities offering by raising $18 million through an initial coin offering (ICO) of its RvT token in 2017. Allegations of Securities Law

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Lawmakers challenge SEC

Lawmakers Challenge SEC’s Stance on Crypto Airdrops

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Representative Tom Emmer (R-MN), along with Chairman of the House Committee on Financial Services Patrick McHenry (R-NC), has issued a formal letter to SEC Chair Gary Gensler. Raising concerns over the regulatory treatment of cryptocurrency airdrops. The letter criticizes the SEC’s approach under Gensler’s leadership. Accusing it of stifling American innovation in blockchain technology by

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Bitcoin ETFs gain momentum

Bitcoin ETFs Gain Momentum

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Bitcoin exchange-traded funds (ETFs) are witnessing a renewed surge of interest. Recent data from blockchain analytics firm Arkham Intelligence indicates that anticipation around Bitcoin ETFs is driving market excitement. While the U.S. Securities and Exchange Commission (SEC) has yet to approve a spot Bitcoin ETF, the growing demand reflects a shifting sentiment among investors. Bitcoin

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SEC Commissioners

SEC Commissioners Criticize NFT Case as Overreach

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Two U.S. Securities and Exchange Commission (SEC) commissioners, Hester Peirce and Mark Uyeda, have criticized the agency’s handling of recent enforcement actions involving Flyfish Club, LLC. In a strongly worded statement, the commissioners expressed concerns over what they called the SEC’s “misguided and overreaching” approach to cases involving NFTs. Flyfish Club, a high-end restaurant chain

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2024 Legal Battle: Cryptocurrency Clash – Coinbase vs. SEC

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SEC Lawsuit Overview The legal dispute between Coinbase and the SEC has sparked a heated debate surrounding the proper classification of cryptocurrencies. The central point of contention revolves around whether cryptocurrencies should be categorized as securities or collectibles. This debate holds immense significance for cryptocurrency investors, as the ultimate resolution will profoundly influence how these

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Crypto Funds Surge with Bitcoin and Solana Leading

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Crypto-focused investment funds have witnessed a substantial influx of capital, amounting to $326 million in the last week alone. This surge marks the most significant single-week inflow since July 2022, as reported by the digital asset investment firm, CoinShares. The driving force behind this impressive capital movement is attributed to the escalating prices in the

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  • bitcoinBitcoin (BTC) $ 113,779.00 0.84%
  • ethereumEthereum (ETH) $ 4,308.14 4.46%
  • xrpXRP (XRP) $ 2.93 1.35%
  • tetherTether (USDT) $ 1.00 0.01%
  • bnbBNB (BNB) $ 863.70 4.58%
  • solanaSolana (SOL) $ 184.32 4.65%
  • usd-coinUSDC (USDC) $ 0.999857 0%
  • staked-etherLido Staked Ether (STETH) $ 4,297.91 4.49%
  • tronTRON (TRX) $ 0.351509 1.15%
  • dogecoinDogecoin (DOGE) $ 0.218297 3.51%

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