October 31st, 2025
SEC Crypto News - Page 50
WeWork Planning to File for Bankruptcy Next Week, WE Shares Decline by Around 50%
By Darya Rudz
November 2nd, 2023
After all the challenges WeWork has faced, the news about its going bankrupt does not seem surprising. The company did not comment on the announcement yet.
Circle Announces Closure of Individual Consumer Accounts on November 30
By Steve Muchoki
November 1st, 2023
The creator of the second largest stablecoin USDC with a market cap of about $24.7 billion announced that it will support only business institutional accounts.
Market-Making Firms Looking to Provide Liquidity for BlackRock’s Bitcoin ETF
By Godfrey Benjamin
November 1st, 2023
Market makers, crucial components of ETF ecosystems, are responsible for the creation and redemption of new ETF shares, ensuring that the ETF’s market price remains in line with the underlying assets it represents.
SEC to Possibly Reevaluate Grayscale Spot Bitcoin Application at November 2 Closed Meeting
By Mercy Tukiya Mutanya
October 31st, 2023
Experts continue to speculate on what the SEC’s next course of action regarding crypto-based ETF applications could be.
Valkyrie Amends Prospectus for Spot Bitcoin ETF Application
By Godfrey Benjamin
October 31st, 2023
As of late October, the SEC is reportedly reviewing eight to ten potential spot Bitcoin spot ETF filings.
Galaxy Digital CEO Novogratz Doubles Down on Spot BTC ETF Prediction
By Mercy Tukiya Mutanya
October 31st, 2023
Meanwhile, Galaxy Digital estimates that a spot Bitcoin ETF could attract enough capital to drive the price of Bitcoin up by 74%.
Bernstein Research: Bitcoin Spot ETF Approval by January 10 Next Looks Highly Likely
By Steve Muchoki
October 31st, 2023
With the US SEC opting not to appeal the Grayscale Investments case, amid ongoing application amendments, experts believe the approval of spot Bitcoin ETF is a matter of when and not if.
Bitcoin Network Sets New Mining Hashrate Record in View of Upcoming Halving and Spot ETF Approval
By Tolu Ajiboye
October 30th, 2023
The Bitcoin network has set a new historic mining hashrate record as the market prepares for next year’s halving.
VanEck Updates Its Spot Bitcoin ETF Application
By Mercy Tukiya Mutanya
October 30th, 2023
The recent uptick in amendments to filings awaiting SEC approval could be a sign of progress in negotiations between asset managers and regulators.
Ripple CEO Lashes Out at Former SEC Chair Jay Clayton Over His Comments
By Bhushan Akolkar
October 30th, 2023
Ripple CEO Brad Garlinghouse reminds how Jay Clayton has pushed the case against Ripple while exposing his hypocrisy against the recent SEC actions.
Bitcoin’s Meteoric Rise: Analyst Forecasts BTC Could Soar to $45K in November
By Chimamanda U. Martha
October 27th, 2023
According to the analyst, November will pave the way for a plausible BTC surge above the $45,000 mark.
Changpeng Zhao Loses Another $12B of His Fortune amid Regulatory Scrutiny
By Mayowa Adebajo
October 27th, 2023
Zhao’s woes and those that are related to his exchange have been largely a result of the ongoing lawsuits against them.
SEC’s Potential Approval of Bitcoin ETFs Sparks Speculation and Legal Concerns
By Godfrey Benjamin
October 27th, 2023
While the prospect of a Bitcoin ETF is undoubtedly exciting, it is essential to acknowledge the potential challenges and roadblocks that may surface.
Matrixport: Bitcoin Price Could Hit $125K by December 2024 Fueled by Heightened Institutional Demand
By Steve Muchoki
October 27th, 2023
The report by Matrixport revealed that the fifth Bitcoin bull market officially began on June 22, 2023, with further gains anticipated amid momentum gain.
Gary Gensler Sheds Light on SEC’s $5B Worth of Enforcement Actions
By Bhushan Akolkar
October 27th, 2023
Gensler mentioned that the agency initiated over 780 enforcement actions in 2023 leading to $5 billion in judgments and orders. The agency also distributed $930 million being distributed to investors.