June 19th, 2025
SEC Crypto News - Page 36
Dow Jones Hits New Record as It Scales 38,000 for First Time Ever
By Tolu Ajiboye
January 23rd, 2024
The Dow has hit a new record, while other indexes also increased, as traders believe the Fed will leave interest rates unchanged.
Bitcoin Price Falls Below $40,000 as Grayscale’s ETF Continues Recording Outflows
By Tolu Ajiboye
January 23rd, 2024
Bitcoin has fallen below $40k despite the SEC’s approval of spot ETFs, with the Grayscale ETF losing more than $2 billion since then.
Crypto Traders Liquidated Over $157M amidst Rising Volatility
By Chimamanda U. Martha
January 22nd, 2024
The heightened volatility has triggered the liquidation of almost $30 million worth of leveraged Bitcoin positions.
Do Kwon’s Terraform Labs Files for Chapter 11 Bankruptcy amid Legal Woes
By Bhushan Akolkar
January 22nd, 2024
Court documents in Delaware reveal Terraform’s assets and liabilities estimated between $100 million to $500 million, with 100 to 199 creditors.
Elon Musk Denies Rumored $500M Investment in xAI amid Valuation Negotiations
By Chimamanda U. Martha
January 22nd, 2024
Bloomberg’s sources had earlier suggested that xAI was amid valuation discussions ranging from $15 billion to $20 billion.
US SEC Postpones Decision-Making on Fidelity Investment’s Ether ETF Bid
By Ibukun Ogundare
January 19th, 2024
When Fidelity Investments filed for the Ether ETF last year, the asset manager noted a court ruling where judges said the SEC failed to find a cogent reason to reject spot crypto ETF.
Conflux Unveils EVM-Compatible Bitcoin L2 Solution, CFX Price Surges 8%
By Chimamanda U. Martha
January 19th, 2024
Conflux said the Bitcoin L2 solution will use BTC for gas fees, opening up possibilities for a more efficient and integrated system.
Bitcoin Overtakes Silver to Become Second-Largest ETF Commodity after Gold
By Bhushan Akolkar
January 19th, 2024
The total assets under management of all Bitcoins ETFs combined is more than double of the Silver ETFs available in the market.
US District Judge Grills SEC and Coinbase Lawyers to Decide if Crypto Transactions Constitute Investment Contracts
By Steve Muchoki
January 18th, 2024
The presiding judge did not issue a ruling or signal the outcome but a win for Coinbase could be a huge blow to the SEC, which has lost several crypto-related cases.
Grayscale CEO Justifies High Fees for Their GBTC Product despite Net Outflows
By Bhushan Akolkar
January 18th, 2024
On-chain data shows that money from GBTC has been flowing into the newly launched spot Bitcoin ETFs amid very low fee structures.
SEC vs Coinbase: Judge Failla Challenges SEC Arguments
By Godfrey Benjamin
January 18th, 2024
As the court hearing progresses, the fate of Coinbase remains uncertain. If Judge Failla denies Coinbase’s motion for dismissal, the case will proceed to discovery.
Ripple to Explore IPO Outside United States Due to ‘Hostile SEC’
By Chimamanda U. Martha
January 17th, 2024
Ripple first hinted at the possibility of going public in 2022. At the time, Garlinghouse said the company would make the move after it concluded its ongoing court battle with the SEC.
FTX Founder’s Parents Deny Lawsuit Allegations amid Scrutiny over Son’s Actions
By Bhushan Akolkar
January 17th, 2024
Sam Bankman-Fried’s parents have denied accusations suggesting they knowingly benefited from their son’s actions.
Spot Ethereum ETF Won’t Be Coming Anytime Soon as Expected, Here’s Why
By Bhushan Akolkar
January 17th, 2024
While BlackRock CEO Larry Fink has shown interest in Ethereum by discussing tokenization, Sui Chung, the CEO of CF Benchmarks, believes that a comprehensive educational approach is essential for a deeper understanding.
Bybit: Bitcoin ETF Approval Marks Watershed Moment for Investors
By Chimamanda U. Martha
January 16th, 2024
Since the launch of the BTC ETFs last week, the industry has recorded a significant inflow of BTC products compared to other ETFs in the market.