 
					                
                October 31st, 2025
 
			        
        
The US SEC moves on the backfoot as Ripple registers yet another victory in their legal battle.
 
			        
        
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 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.
 
			        
        
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.
 
			        
        
Novogratz thinks the Fidelity Investments victory against the SEC puts the Commission in a corner where a Bitcoin ETF approval is inevitable.
 
			        
        
Bitcoin is enjoying price spikes and increased trading volumes as Fidelity and others amend proposals while the market awaits an approval.
 
			        
        
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 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.
 
			        
        
Larry Fink’s comment reveals BlackRock’s strong interest in crypto following the company’s application for a spot Bitcoin ETF.
 
			        
        
Given the intricate nature of the issue, Gensler suggested that multiple federal agencies may need to collaborate on establishing regulations for AI.
 
			        
        
While experts forecast the US SEC will approve a spot Bitcoin ETF within the next six months, the BlackRock’s officials confirmed that it has not received a green light on its application.
 
			        
        
The progress on the Grayscale conversion front offers a welcome degree of clarity to the ETF approval process, which had been somewhat murky.
 
			        
        
The developments between US SEC and Grayscale over the past weekend led to whales accumulating Bitcoin in huge numbers.
 
			        
        
The CoinList staking fund offers US accredited investors an opportunity to earn a yield on their digital assets through investment in a private fund.
 
			        
        
CoinMarketCap is not the only crypto company exploring the benefits of AI technologies since the AI hype began.