April 29th, 2025
SEC Crypto News - Page 26
Bitwise Defies Odd to Emerge as Only Bitcoin ETF with Inflows
By Godfrey Benjamin
May 9th, 2024
Earlier this week, GBTC recorded daily net inflow after a very long time of constantly seeing outflows.
Crypto Cumulative Monthly Trading Volume Falls to $6.58T Ending Seven Month Streak
By Tolu Ajiboye
May 9th, 2024
Data shows that crypto trading volume for spot and derivatives markets fell for the first time in seven months.
Crypto Wallet Maker Exodus Stock Listing on NYSE American Delayed, Here’s Why
By Mayowa Adebajo
May 9th, 2024
The prominent crypto wallet developer had secured approval for its stock to be listed on the NYSE American.
Ripple’s Planned Stablecoin Draws SEC Scrutiny for Unregistered Status
By Tolu Ajiboye
May 8th, 2024
The SEC says Ripple’s intention to issue a stablecoin, an unregistered asset, is further proof that it will continue to break the law.
SEC’s Final Reply in Lawsuit against Ripple Fuels XRP’s Major Breakout
By Bena Ilyas
May 8th, 2024
The SEC’s lawsuit has influenced the trajectory of XRP price. The ongoing legal saga prevented a sustained rally and kept XRP on a downward trend from its 2021 peak of nearly $2.
Digital Chamber Challenges SEC’s Action against Robinhood Crypto
By Chimamanda U. Martha
May 7th, 2024
The Chamber has pledged its support to Robinhood Crypto and other affected companies in seeking a resolution that safeguards their ability to operate and innovate.
SEC Delays Decision on Galaxy Spot Ethereum ETF, ETH Price Dips 3%
By Bhushan Akolkar
May 7th, 2024
The optimism surrounding the approval of spot Ethereum ETF by the end of May has dropped from 70% to now at 25%.
Bitcoin Price: Bernstein Analysts Reiterate Their $150K Bet
By Godfrey Benjamin
May 6th, 2024
It’s been two weeks since the halving and the price of Bitcoin has not seen a sizable jump. Rather, the coin has seen significant bearish fluctuations, going below $60,000.
Coinbase Announces Strong Q1 2024 Results, COIN Stock Jumps 9%
By Bhushan Akolkar
May 3rd, 2024
Coinbase’s revenue for consumer transactions jumped by 100% year over year amid a strong trading activity spurted by the Bitcoin price rally to $74,000.
Terraform Labs’ Do Kwon Challenges SEC’s $5.3 Billion Penalty
By Bena Ilyas
May 2nd, 2024
Do Kwon’s lawyers contend the court should not grant any injunctive relief or disgorgement and should impose at most a $1 million civil penalty against Terraform Labs.
Hong Kong’s Spot Bitcoin and Ethereum ETFs Begin Trading, Here’s All You Need to Know
By Mayowa Adebajo
April 30th, 2024
Hong Kong previously listed three futures-based crypto ETFs in late 2022.
Terraform Labs Lawyers Seeks to Reduce Penalty to $1M Instead of $5.3B
By Bhushan Akolkar
April 30th, 2024
Lawyers representing Terraform Labs stated that the SEC should effectively seek the penalty from the Luna foundation Guard (LFG) which is a non-entity in this case as of now.
Bernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause
By Bena Ilyas
April 29th, 2024
Chhugani and Sapra emphasize the time needed for Bitcoin to be widely accepted as a legitimate investment option for diversifying portfolios.
BNY Mellon Invests in Spot Bitcoin ETFs from BlackRock and Grayscale
By Steve Muchoki
April 26th, 2024
BNY Mellon filed form 13F-HR on April 25 with the US SEC and disclosed that it holds shares of GBTC and IBIT.
SEC Sues Bitcoin Miner Geosyn for Defrauding Several Customers
By Bhushan Akolkar
April 26th, 2024
The SEC claimed that the crypto miner Geosyn created “bogus documents” with “fabricated mining rates and profits” while highlighting false number of mining rigs purchased.