
April 29th, 2025
Avalon Labs is expanding its efforts to bring Bitcoin-backed financial products to both crypto enthusiasts and mainstream users.
“Many of the meme coins out there probably do not fall under SEC regulation,” Peirce said in a Bloomberg interview.
For the first time under acting SEC Chairman Mark Uyeda, a cryptocurrency lawsuit faces a temporary halt.
“There’s no other way to describe this other than putting Tenreiro in his place and saying, if you don’t like it, leave,” Deaton wrote.
Led by Commissioner Hester Pierce, the SEC’s new crypto task force aims to clarify the classification of crypto assets and not put everything within the “securities” bracket.
Bitwise’s new ETF will focus solely on Bitcoin and Ethereum, with Coinbase as the digital asset custodian and Bank of New York Mellon handling cash custody.
Gemini halts hiring MIT graduates until Gary Gensler is removed as an instructor, citing his controversial SEC leadership.
Litecoin (LTC) prices shot up 11% in the past 24 hours, printing a daily high of $131 and analyst predict $170 in the near future.
Bitcoin maximalists criticized Ripple, arguing that BTC is a superior store of value, while Brad Garlinghouse called for industry collaboration.
Solana’s recovery from a recent dip, along with renewed ETF filings, has sparked optimism for a potential price surge.
The SEC’s unexpected removal of the Ripple lawsuit reference from its website has triggered speculation across the crypto industry, despite the case remaining active through PACER and recent legal developments.
Bloomberg analyst Eric Balchunas noted that the SEC had not withdrawn Tuttle’s ETF filing yet, suggesting a potential approval.
Nate Geraci foresees more crypto ETF product fillings in the coming weeks as SEC’s regulatory policy is shifting.
While crypto advocates cheer the SEC’s decision, skeptics like Jacob King warn that the industry’s shift toward bank custody contradicts Bitcoin’s original vision of decentralization.
Today’s decision will have a very huge impact on the crypto ETF space.