June 16th, 2025
SEC Crypto News - Page 14
Ripple to Pay $125 Million in SEC Lawsuit, XRP Price Surge 20%
By Bhushan Akolkar
August 8th, 2024
Judge Analisa Torres stated that the case “does not involve allegations of fraud, misappropriation, or other more culpable conduct” by Ripple. The judge reduced penalty by 94% from the SEC’s demand of $2 billion.
Ripple Partners with DIFC to Drive Blockchain Development in UAE
By Anisha Pandey
August 7th, 2024
Ripple CEO Brad Garlinghouse believes that the UAE offers advanced and clear regulations for registered companies to offer crypto services.
Kaiko: XRP Demand on Exchange Hits 4-Year High to Pre-Lawsuit Levels
By Bhushan Akolkar
August 6th, 2024
As per the Kaiko data, the inability of top exchanges to allow XRP trading during the suit resulted in a strong surge in XRP trading interest that has shot up since the ruling.
SEC Challenges Coinbase’s Document Request in Ongoing Legal Battle
By Mayowa Adebajo
August 6th, 2024
The SEC argues that the request for internal and external emails related to digital asset regulation is “overly broad”.
XRP Price Down 27% in 7 Days, Expert Predicts 1000-Fold Rally amid Regulatory Changes
By Leon Okwatch
August 5th, 2024
The recent price drop has been accompanied by a bearish crossover on the two-day MACD, indicating that sellers currently dominate the market.
Ripple Stablecoin RLUSD Might Spark Regulatory Concern, Here’s Why
By Godfrey Benjamin
August 5th, 2024
Renowned XRP advocate lawyer Fred Rispoli strongly believes that any regulatory concern that may arise from Ripple’s launch of the USD-backed stablecoin would create a new lawsuit.
Kamala Harris Faces Critical Crypto Decision Ahead of 2024 Election
By Bena Ilyas
August 2nd, 2024
According to Politico, Harris hasn’t taken an official position but shows openness. Her campaign’s recent engagement with crypto representatives indicates a potential policy shift.
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.