April 30th, 2025
SEC Crypto News - Page 14
Riot Platforms Q2 Losses Widen to $84.4M, Buys More Bitfarms Shares
By Bhushan Akolkar
August 1st, 2024
The Bitcoin halving event and increased network difficulty led to a rise in the average direct cost to mine Bitcoin, which increased to $25,327 from $5,734 per Bitcoin in the second quarter of 2023.
Bitwise Rethinks Bitcoin Strategy amid US Politicians’ Bold Crypto Promises
By Bena Ilyas
August 1st, 2024
Donald Trump proposed a strategic national Bitcoin reserve, Wyoming Senator Cynthia Lummis announced a Bitcoin reserve bill to address the $35 trillion debt, and Robert F. Kennedy Jr. committed to having the US Treasury purchase 500 Bitcoin daily until reaching 4 million.
India’s BWA Moves to Prevent Future WazirX Mishaps
By Godfrey Benjamin
July 31st, 2024
WazirX already launched two bounty programs. One involves a $10,000 prize money in Tether for information that leads to freezing the stolen funds. The second is a “white hat recovery” bounty of 10% of the recovered fund.
Terra Blockchain Halts Operations after Suspected Exploit of Astroport tokens, ASTRO Tanks 60%
By Bhushan Akolkar
July 31st, 2024
As a result of the Terra blockchain exploit report and the blockchain suspension, the ASTRO token price collapsed by a staggering 60% from around $0.045 to as low as $0.01313 earlier today.
SEC’s Latest Crypto Lawsuit Filing Raises Questions about Solana Status
By Temitope Olatunji
July 31st, 2024
Jake Chervinsky, the CLO at Variant Fund, said that there is no reason to believe that SOL is not security.
XRP Price Decouples from Bitcoin Fueled by Whale Investors
By Steve Muchoki
July 31st, 2024
The US SEC has toned down on crypto regulation thus giving the impression of an upcoming resolution with Ripple on XRP institutional sales.
Trump Secures $25M from Crypto Industry at Bitcoin Conference 2024
By Anisha Pandey
July 31st, 2024
Trump’s rival and independent presidential candidate Robert F. Kennedy Jr. has also gained popularity in the crypto sector. During the Bitcoin Conference event, he announced big plans for Bitcoin, including its integration into the US economy.
SEC to Revise Binance Complaint, SOL Won’t Be Proven to Be Security
By Mayowa Adebajo
July 30th, 2024
The SEC is changing its previous position, specifically regarding the classification of various digital tokens.
Peter Schiff Warns US Government Would Sell Entire Bitcoin Stack before Elections
By Bhushan Akolkar
July 30th, 2024
Peter Schiff said that now that the Biden administration is aware of Donald Trump’s plans to make Bitcoin a strategic reserve, they would take this to their advantage.
US Crypto Stocks Rally on Monday Pre-market after Donald Trump Endorsement
By Bhushan Akolkar
July 29th, 2024
In the pre-market on Monday, Coinbase and other Bitcoin mining firms saw their stock prices rally anywhere between 3.5-4.5%.
BlackRock Warns Customers about Crypto-related Scams
By Godfrey Benjamin
July 29th, 2024
BlackRock urged its customers to refrain from conducting any transaction that they find fraudulent.
Solana on Track for $250: Bullish Patterns Fuel Optimism
By Leon Okwatch
July 29th, 2024
The potential approval of a Solana ETF by the SEC could further enhance its market position, although regulatory challenges remain.
US Spot Ether ETFs See $152M in Outflows amid ETH Price Volatility
By Anisha Pandey
July 26th, 2024
Meanwhile, the 11 spot Bitcoin ETFs in the US have continued to see rising demand. Since their launch in January, these funds have accumulated a net inflow of $17.54 billion.
Coinbase Welcomes Former Solicitor General Paul Clement, and Others on Board
By Bhushan Akolkar
July 26th, 2024
Apart from Clement, Coinbase has welcomed Christa Davies, the outgoing financial chief at Aon, and Chris Lehane, a former Democratic consultant-turned-businessman, to its board.
Jersey City Mayor Seeks Bitcoin ETF Exposure for Pension Plans
By Bhushan Akolkar
July 26th, 2024
The launch of the spot Bitcoin ETFs in the United States has been a highly successful event with assets under management close to $55 billion within six months of launch.