
June 17th, 2025
The SEC vs. Ripple lawsuit has been ongoing for the past four years since the regulator accused the cryptocurrency company of conducting unregistered securities.
In their research note, VanEck analysts noted that ETH can be thought of as ‘Digital Oil’ because it is consumed by engaging in activity on Ethereum.
Gensler noted that the majority of crypto companies still fail to issue any disclosures highlighting that crypto exchanges have been operating in ways that would be unacceptable.
The lack of regulatory clarity has been holding back financial advisors from increasing exposure to crypto over the last five years, said Bitwise chief investment officer Matt Hougan.
Since the beginning of 2024, the GameStop stock has already surged by 68%, however, 60% of the gains have come after Gill posted on his social media platform.
No connection has been established yet but certain documents showed that the newspaper’s revenue skyrocketed by about 410%, moving from $15 million in 2019 to roughly $62 million the following year.
In recent years, the industry has faced several high-profile lawsuits from the US Securities and Exchange Commission (SEC), prompting key players to seek the support of lobby groups like Fairshake.
Although the reason behind the transfer is not very clear, LFG earlier announced that it is set to move assets toward direct custody to enhance the fund’s security.
The FIT21 bill, despite the US House support, faces opposition from the SEC and President Biden, making its Senate passage challenging.
Despite Vanguard’s ban on crypto ETFs, which prevents their 50 million customers from accessing these funds, the newly launched investment products are thriving without the company.
The move has not only stirred speculation about the ongoing case but also the future price trajectory of the cryptocurrency.
As the regulatory process continues, market participants eagerly await the potential launch of Ethereum-linked financial products.
Eric Balchunas, a Bloomberg ETF analyst, is optimistic about BlackRock’s amended S-1 filing, considering it a positive sign for the future launch of Ethereum ETFs.
The approval for the leveraged Ether ETF could potentially facilitate the eventual approval of spot ether ETFs, said Volatility Shares CEO.
Based on Jason Pizzino’s analysis, the top altcoin performers included Solana (SOL) with a notable surge of 180%, indicating strong growth momentum.