August 15th, 2025
SEC Crypto News - Page 51
Bitcoin Jumps to $35K with Options Positioning Suggesting Price Has Further to Run
By Steve Muchoki
October 24th, 2023
Bitcoin (BTC) price rallied to this year’s high of about $35k during the early Asian market amid speculation of spot ETF approval in the United States leading to high short positions being liquidated.
Lawyer: SEC Has Just 3% Chance against Ripple if They Appeal XRP Case
By Temitope Olatunji
October 23rd, 2023
Morgan asserts that XRP sales fail to meet at least two of Howey test prongs, making the SEC’s case weak. With the facts apparently not aligning with the Howey framework, he sees little room for the SEC to overturn the earlier judgment.
Google Data Reveals Surging Interest in Impending Bitcoin Spot ETF Launch
By Chimamanda U. Martha
October 20th, 2023
Many people across the globe are surfing the internet to understand the implications of the Bitcoin spot ETF approval and how they can maximize the benefits.
Federal Court Set to Formalize Grayscale ETF Victory Today Following SEC’s Refusal to Appeal
By Tolu Ajiboye
October 20th, 2023
A federal court may formalize the ruling on Grayscale’s ETF today, officially vacating the SEC’s refusal to convert the GBTC.
LBRY Bids Farewell, Shutting Down after Losing SEC Case
By Temitope Olatunji
October 20th, 2023
LBRY announced that all of its executives, staff members, and board directors had resigned. According to LBRY’s statement, the company will now focus on addressing any remaining legal obligations before completely ceasing operations.
SEC Clears Ripple Executives of All Charges in Lawsuit, XRP Price Shoots
By Bhushan Akolkar
October 20th, 2023
The US SEC moves on the backfoot as Ripple registers yet another victory in their legal battle.
Matrixport Report: BlackRock’s Bitcoin ETF Approval Could Boost BTC Price to $42K-56K
By Godfrey Benjamin
October 19th, 2023
Matrixport’s analysis suggests that if Tether’s (USDT) market cap increases by $24 billion, acting as a proxy for potential ETF inflows, Bitcoin’s price could rise to $42,000, representing a conservative estimate.
Coinbase Picks Ireland as Its Main Regulatory Hub in EU
By Bhushan Akolkar
October 19th, 2023
Coinbase is looking to expand its footprint in Europe amid more crypto-friendly MiCA laws that will allow it to operate in all 27 EU states under a single license.
SEC Chair Says He’s Still Weighing Bitcoin ETF Proposals
By Bhushan Akolkar
October 19th, 2023
The SEC chair said that the Commission has a lot of applications to review for spot Bitcoin ETFs. Mike Novogratz expects a spot Bitcoin ETF coming by the year end.
Galaxy Digital Boss Mike Novogratz Says SEC Will Approve Spot Bitcoin ETF This Year
By Tolu Ajiboye
October 19th, 2023
Novogratz thinks the Fidelity Investments victory against the SEC puts the Commission in a corner where a Bitcoin ETF approval is inevitable.
Bitcoin Nearly Hits $29K Following Fidelity Amendment of Spot Bitcoin ETF Proposal
By Tolu Ajiboye
October 18th, 2023
Bitcoin is enjoying price spikes and increased trading volumes as Fidelity and others amend proposals while the market awaits an approval.
Top Crypto Firms Refer to ‘Major Questions’ Doctrine in Legal Battle with Regulators
By Bhushan Akolkar
October 18th, 2023
Crypto firms have been using the “major questions” doctrine to defends themselves against the enforcement actions of the regulations. However, it has its own flaws in place.
Binance.US Succumbs to SEC’s Plan and Pauses USD Withdrawals in Favor of Stablecoins and Digital Assets
By Steve Muchoki
October 18th, 2023
Binance.US updated its terms of use to inform its customers that the direct withdrawal of USD is unavailable but they can convert to the supported stablecoins or other digital assets to facilitate seamless transfers.
Clients Are Talking about ‘Need for Crypto’, Says Blackrock CEO Larry Fink
By Tolu Ajiboye
October 18th, 2023
Larry Fink’s comment reveals BlackRock’s strong interest in crypto following the company’s application for a spot Bitcoin ETF.
SEC Chair Gary Gensler Warns about Looming Financial Crisis Linked to AI
By Chimamanda U. Martha
October 17th, 2023
Given the intricate nature of the issue, Gensler suggested that multiple federal agencies may need to collaborate on establishing regulations for AI.