 
					                
                October 30th, 2025
 
			        
        
It is worth mentioning that this is not the first time the SEC and Chair Gensler have faced scrutiny from US politicians.
 
			        
        
Meanwhile, the regulator is currently in several enforcement actions against popular exchanges including Coinbase and Binance.
 
			        
        
This impending Binance announcement arrives just days after a substantial transfer of 10,000 BTC, valued at over $345 million, to the exchange from an anonymous wallet.
 
			        
        
The price of XRP is responding positively to Ripple sealing agreements to several institutions who need varying services from the firm.
 
			        
        
Analysts explain why Bitcoin price can continue to rally with the next immediate target in sight being $40,000.
 
			        
        
With the US SEC edging closer to potentially approving a Bitcoin ETF, experts and industry leaders are offering their predictions on the potential impact of this milestone on the crypto market.
 
			        
        
With the current positive news surrounding XRP, the prevailing sentiment, and the increased participation of crypto whales, it is expected that the price will continue to rise.
 
			        
        
Deaton’s perspective aligns with the prevailing sentiment in the cryptocurrency community, which generally regards the proposed $20 million settlement as a favorable resolution for Ripple.
 
			        
        
The Valkyrie CIO says that the SEC will ask for comments and possibly approve an ETF proposal this month after all issues are addressed.
 
			        
        
The legal battle surrounding Terraform Labs is not without controversy. Terra co-founder Daniel Shin’s lawyer has blamed the “unreasonable operation of the Anchor Protocol and external attacks carried out by Do-hyung Kwon” for the Terra ecosystem’s collapse.
 
			        
        
According to Michael Saylor, Bitcoin will pump significantly after the SEC approves a spot ETF and demand for the king coin spikes.
 
			        
        
Although the court says that the SEC acted “arbitrarily and capriciously, in violation of the APA,” it would still allow the agency to redeem itself.
 
			        
        
Binance cuts ties with Advcash soon after selling its Russian operations to the crypto exchange CommEX.
 
			        
        
The SEC asserts that Karony and Smith inappropriately utilized funds to acquire SAFEMOON tokens with the intention of bolstering their price.
 
			        
        
Most predictions are optimistic about a Bitcoin bull run considering the expected spot ETF approval and the upcoming halving.