Ripple and the SEC will submit important court filings on May 20th concerning the sealing of sensitive documents, which could affect XRP's market and investor confidence.
Ripple's XRP ownership has dipped below 45% with only 44.9 billion XRP in its possession, 40 billion of which is in escrow. Ripple has sold 841 million XRP in Q1 2024, while the token's trading volume has soared by 40%, despite SEC and regulatory challenges.
The crypto industry is eyeing three pivotal events in Washington, D.C., including Biden's potential veto of SAB 121 Repeal, a Senate resolution on SEC's staff accounting practices, and possible new regulatory frameworks.
Heather Slavkin Corzo, known for her crypto-skeptic stance, will leave her SEC policy director position, potentially impacting future regulations for cryptocurrencies like Bitcoin and Ethereum.
Better Markets, a financial nonprofit, argues that a spot ether ETF would pose risks by entwining crypto with traditional finance, potentially threatening the financial system.
Better Markets warns that approving a spot Ether ETF could pose systemic risks to the broader financial system by intertwining crypto with traditional finance.
Ripple's trading volume has risen by 40% despite the ongoing lawsuit from the SEC, showcasing resilience in its market activity.
The U.S. Congress showed bipartisan opposition to SEC's SAB 121, which President Biden hinted he might veto. The situation puts the executive branch at odds with Congress.
Ripple's XRP trading volume has surged by 40%, hitting $865 million, as per their Q1 2024 XRP Markets Report. This growth occurred despite the ongoing legal battle with the SEC. Ripple also implemented XLS-30 AMM, improving liquidity and decentralized exchange features on the XRPL.
The SEC is deciding on Ethereum-based spot ETFs soon, a key moment for firms looking to launch the first ETFs directly tied to Ethereum.
The SEC will decide in one week on the approval of Ethereum spot ETFs, which directly hold Ethereum.
U.S. Senator Cynthia Lummis celebrated the passage of H.J.Res. 109, which aims to overturn the SEC's SAB No. 121, by posting a Bitcoin laser eyes picture, showcasing her support for the cryptocurrency.
Dogecoin co-creator Billy Markus shares his skepticism regarding the approval of Ethereum-based ETFs by the SEC and their potential impact on Dogecoin's future.
The FIT21 bill, designed to clarify the regulation of digital assets, is expected to reach a vote in the US House after passing a resolution against an SEC crypto rule.
The crypto community is eagerly waiting for the SEC to approve a spot Ethereum ETF, with Coinbase being particularly optimistic about its eventual introduction.
XRP maintains a devoted investor base, staying resilient despite challenges and SEC disputes. Predictions suggest a potential increase, implying selling at $10 might be premature.
A market analyst suggests investors will regret selling XRP at $10, as it remains resilient despite a tough legal battle with the SEC affecting its performance.
Coinbase believes the SEC will soon approve spot Ethereum ETFs despite prevailing skepticism.
The U.S. Senate voted to overturn the SEC's SAB 121 rule that affects crypto asset accounting, raising concerns about financial burdens for companies holding crypto for clients. President Biden's potential veto adds uncertainty to the Bitcoin and Ethereum markets.
The U.S. Senate's bipartisan decision to overturn the SEC's SAB 121 policy is a pivotal moment for cryptocurrency, particularly Bitcoin and Ethereum. This move is celebrated by industry advocates, but may encounter opposition.
The SEC's proposed anti-crypto bill was defeated in the US Senate, leading to public celebrations by Ripple's Chief Legal Officer, Stuart Alderoty.
The SEC's proposed anti-crypto bill has been rejected by the U.S. Senate, a development Ripple's CLO, Stuart Alderoty, sees as a significant win for the crypto industry.
The U.S Senate has voted to repeal the SEC's crypto custody policy, known as SAB 121. However, the final decision now rests on whether the President will veto this legislative action.
The article discusses the significant impact of the SEC's enforcement on DeFi, particularly after a Wells notice, and how UNI and other DeFi projects are struggling to recover.
Ripple's Chief Legal Officer, Stuart Alderoty, celebrates U.S. Senate's rejection of the SEC's proposed rule SAB 121, which threatened to affect cryptocurrency custodial services in banks, suggesting the decision supports balanced regulation in the crypto industry.
Reddit Co-Founder highlights Democrats backing a pro-crypto motion against the party line, signaling bipartisan support for crypto in Congress.
XRP maintains a strong market position despite the SEC lawsuit, suggesting sustained investor interest and potential for a price surge upon the lawsuit's resolution.
Ripple, currently at around $0.51, is planning to extend its services to Africa and the Middle East while waiting for an SEC lawsuit outcome.
The U.S. Congress has passed a resolution to oppose an accounting rule that hinders financial institutions from providing Bitcoin custody services, which now faces a potential White House veto.
John Deaton, a pro-XRP lawyer, accuses the SEC and Senator Elizabeth Warren of mishandling crypto regulation. He alleges that politics prevails over investor protection and criticizes SEC Chairman Gary Gensler for financial harm to investors.
MicroStrategy's Michael Saylor announces a Senate victory for the crypto industry by nullifying the SEC's contentious 'SAB 121' bulletin that faced criticism within the sector.
Ripple's legal officer, Stuart Alderoty, praised the US Senate's rejection of the SEC's SAB 121 rule which would've impacted banks handling cryptocurrencies, signaling a potentially significant moment in crypto regulation.
SEC tightens grip on Ripple with a $2 billion penalty claim, while Tether increases its stake in CityPay. Meanwhile, Rollblock, a blockchain newcomer, is set for a massive 1200% growth.
Morgan Stanley has disclosed substantial investments in Bitcoin ETFs, holding $270 million, including shares in Ark Invest's 21Shares ETF and Grayscale Bitcoin Trust.
The US Senate has passed a bill, H.J. Res 109, to overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, which could significantly impact the crypto sector. The bill is now awaiting potential approval or veto from President Biden.
The US Senate passed the H.J. Res 109 bill with bipartisan support, challenging the SEC's Staff Accounting Bulletin No. 121, which could be a game-changing moment for the crypto industry.
BlockDAG's new indicator reveals whale activities in the crypto market, aiding investors' insight into trends, amidst price fluctuations of Toncoin (TON) and XRP's ongoing SEC lawsuit.
The US Senate has reversed rule SAB 121, positively impacting bank custodial crypto services. Ripple's CLO, Stuart Alderoty, commended the decision, highlighting Ripple's ongoing conflict with the SEC as XRP sees positive market response.
The U.S. Senate passed the H.J. Res 109 Bill, aimed at overturning the SEC’s SAB No. 121. The bill received bipartisan support, but is now facing a potential veto from President Biden.
The U.S. Senate has voted against the SEC's crypto asset accounting rule, allowing banks more freedom to hold cryptocurrencies.
The US Senate passed a bill reversing SEC guidelines on banks holding crypto, hailed by Senator Cynthia Lummis, despite potential presidential veto.
Despite facing legal issues and market challenges, Ripple's XRP is predicted to surge in value based on optimistic market and legal developments.
The U.S. Senate overturned the SEC's Rule SAB 121, enabling regulated financial institutions to hold Bitcoin and other cryptocurrencies, potentially expanding institutional participation in the crypto market.
Morgan Stanley has disclosed substantial investments totalling $269 million in Bitcoin ETFs (exchange-traded funds), indicating a major move into cryptocurrency by traditional financial players.
NotWifGary (NWG), a decentralized memecoin, was launched as a symbol of opposition to the SEC's increased regulation in the crypto space.
Despite the SEC's repeal of SAB-121 viewed as a win for the crypto industry, Bitcoin and cryptocurrencies are facing a downturn, challenging expectations.
Dogecoin co-founder Billy Markus doubts the SEC's approval of spot Ethereum ETFs, creating significant discussion in the crypto community.
Institutional investors are increasingly endorsing Bitcoin, with SEC filings showing 937 firms owning Bitcoin Spot ETFs. BlackRock's Bitcoin Spot ETF notably exhibits tremendous growth, strongly outperforming Gold ETFs.
937 institutional investors disclosed through 13F filings with the SEC that they hold the Bitcoin Spot ETF, outnumbering those with Gold ETF holdings.
A community has launched NotWifGary (NWG), a decentralized memecoin, as a protest against the SEC's increasing crypto regulation.
President Biden's administration might veto Senate moves to reject SEC's new crypto rules, designed to improve transparency and safeguard investors, impacting Bitcoin and Ethereum.
The U.S. Senate has voted to repeal the SEC's SAB 121 regulation regarding digital asset custodians, with potential veto from President Biden.
Egrag Crypto warns XRP investors of an impending bear market in 2025 based on 'Gaussian Channel' analysis, suggesting critical trade opportunities in the next 3-12 months despite potential volatility. XRP's price consolidates near $0.5 amid SEC litigation, but Egrag remains optimistic about its long-term resilience.
Bitcoin's price drop below $65,000 has led to altcoins losing over 5%, all eyes on SEC's decision on Ether ETFs.
President Joe Biden announced his intention to veto a resolution that would overturn an SEC rule, which mandates banks to include digital assets in balance sheets.
Matt Hougan from Bitwise Asset Management is optimistic on crypto's future due to the success of Bitcoin ETFs, which attracted over $12.15 billion, signaling strong market interest backed by professional investors.
The US Senate voted to repeal the SEC's anti-crypto rule, SAB 121, with bipartisan support, but President Biden may veto it, affecting Bitcoin and Ethereum.
The U.S. Senate voted to overturn an SEC policy against banks providing crypto services, with bipartisan support.
The U.S. Senate has overturned the SEC's SAB121, impacting regulations on digital assets like Bitcoin and Ethereum and showing bipartisan concern over the SEC's regulatory approach.
Billy Markus, the co-founder of Dogecoin, doubts that the SEC will approve spot Ethereum ETFs.
The U.S. Senate has passed a bill challenging an SEC rule on cryptocurrency custody, which is now awaiting the President's decision amidst a potential veto threat.
Ripple price is experiencing difficulties maintaining its value above $0.51 amidst a broader crypto market trend, with ongoing Ripple-SEC legal developments possibly influencing its stability.
The U.S. Senate votes against the SEC's crypto accounting policy, challenging President Biden's potential veto.
The U.S. Senate has voted against the SEC's staff accounting bulletin SAB121, following the House's vote, with the resolution now proceeding to President Biden.
Millennium Management and Morgan Stanley have disclosed significant investments in spot Bitcoin ETFs according to their 13F filings with the SEC, highlighting their exposure to cryptocurrency.
NotWifGary creators seek to challenge the SEC and support Ethereum and open-source developers, amidst a growing regulatory crackdown.
Ripple (XRP) whales buy 110 million tokens worth around $55 million, showing strong confidence in XRP despite an SEC lawsuit, indicating bullish investor sentiment.
The Senate is voting to dispose of the SEC's contentious crypto custody policy, SAB 121, amid widespread disapproval.
Analysts anticipate a substantial price increase for Ripple's XRP despite recent performance concerns and the ongoing legal battle with the SEC.
Billy Markus voiced doubts over the potential for Ethereum ETFs, citing SEC hesitance in approving Ethereum commodity trust shares, which stirs industry unease.
The US Senate has voted to overturn a SEC bulletin setting accounting standards for crypto custodial firms.
Billy Markus, Dogecoin co-founder, indicates that SEC's current state suggests a low likelihood of Ethereum ETF approval, impacted by its legal classification.
The Chicago Mercantile Exchange (CME) plans to offer Bitcoin trading options in response to growing institutional investor demand, following the SEC's approval of Spot Bitcoin ETFs.
Samson Mow acusa a Ripple de difundir FUD sobre Bitcoin y Tether, mientras que Ripple busca sellar documentos en el caso de la SEC por daños a intereses comerciales. Mientras tanto, los analistas predicen la posible denegación de un ETF de Ethereum.
Ethereum (ETH) options traders anticipate increased market volatility as the month ends, awaiting the U.S. SEC's decision on VanEck and Ark Invest/21Shares's spot Ethereum ETF applications.
Analysts are diverged on XRP's price movement, with Coincodex predicting a jump to $0.65 by May 21st. XRP's performance has been lackluster recently, hampered by Ripple's SEC lawsuit. A case resolution this year, favoring Ripple, may boost XRP's price, amidst a volatile market and stiff competition.
Major institutions show increasing interest in Bitcoin ETFs, with Millennium Management leading as a top investor following the SEC's first-quarter 13F filings.
In May, Ripple whales with 1-10 million XRP accumulated 60 million tokens amidst the ongoing SEC vs. Ripple lawsuit, as XRP maintains a price over $0.51, signaling a potential test of the $0.60 resistance.
Investors and analysts expect heightened volatility for Ethereum (ETH) as the SEC nears its verdict on spot ETF applications, with a predicted surge in ETH value by month-end.
Rep. Wiley Nickel asserts that the SEC's proposed crypto custody rule, perceived as hostile, is not in President Joe Biden's best interests, expressing concern to Gary Gensler.
The Ethereum (ETH) market shows possible signs of a rebound with a strong buy signal indicated by the TD Sequential on its daily chart. Despite potential regulatory hurdles with the SEC, market sentiment remains bullish, with options traders favoring calls, especially at the optimistic $6,500 strike price.
Congressman Wiley Nickel criticizes the SEC's handling of crypto regulations and urges the repeal of SAB121, suggesting it negatively impacts Bitcoin and Ethereum.
Ripple Labs seeks to protect its proprietary data by sealing sensitive documents in a court case against the SEC, claiming public exposure would harm its competitive edge.
Millennium Management has invested over $800 million in BlackRock's Bitcoin ETF, as reported in a recent SEC filing, highlighting significant institutional interest in spot Bitcoin ETFs.
Robinhood Crypto lanza staking de Solana en Europa y un programa de bonificación para nuevos usuarios, impulsando el precio de SOL por encima de los $150. A pesar de los problemas regulatorios en EE.UU., la compañía se expande en Europa mientras SOL busca superar resistencias claves.
SEC's 13F reports disclose large investment firms' significant stakes in Bitcoin ETFs, indicating mainstream financial interest in cryptocurrency.
The SEC's 13F reports highlight significant investments in Bitcoin ETFs by three companies.
Paul Grewal, Coinbase's Chief Legal Officer, has criticized the SEC for 'gaslighting' the crypto industry, using the case against Digital Licensing Inc. as an example.
Renaissance Technologies had GameStop, AMC, and Bitcoin ETF shares before the meme stock phenomenon, according to SEC filings.
Scott Johnsson from Van Buren Capital hints that the SEC's scrutiny of the Ethereum ETF application as a security might influence its approval, posing implications for ETH's future.
Congressman Wiley Nickel criticizes SEC Chair Gary Gensler for his approach to crypto, specifically over SAB121, showing legislative resistance.
The SEC's potential classification of Ethereum as a security creates challenges for the approval of spot Ethereum ETFs, complicating investor access to ETH.
Analysts suggest the SEC may deny Ethereum ETFs due to considering ETH a 'security,' causing uncertainty in the market and affecting ETH's price.
A major fund management company reported a $5.2 billion Bitcoin Spot ETF purchase to the SEC.
The prospects for an Ethereum ETF appear bleak as analysts predict the SEC will reject any spot ETH ETF proposals, citing its potential classification as a 'security'.
Crypto analyst Javon Marks identified bullish signals for Ethereum, suggesting a potential all-time high. Bull flag formations, higher price lows, and hidden bullish divergence in RSI are positive indicators. However, risks loom with possible SEC ETF rejections, while others note Ethereum's reduced dominance and inflationary concerns due to reduced burn rates.
The SEC has issued a warning about Ripple's proposed stablecoin, resulting in a 5.26% drop in XRP's price. Meanwhile, Rebel Satoshi's $RBLZ token is gaining momentum post-ICO, with predictions of significant gains.
Boothbay has disclosed a substantial investment in Bitcoin ETFs, reporting $5.2 billion in holdings in its latest 13F form to the SEC.
Scott Johnsson from Van Buren Capital indicates that the SEC might reject spot Ethereum ETF applications before the anticipated deadline of May 23.
The SEC's decision on Ethereum ETF applications will soon expire, causing speculation about potential outcomes and impacts for the cryptocurrency.
Bitcoin's price reaches $64,000 amidst expectations of positive Federal Reserve news and the SEC's upcoming decision on spot Ethereum ETFs
Stuart Alderoty, Ripple's chief legal officer, likened the SEC's prosecution of Ripple to Kafka's novel 'The Trial,' criticizing their approach. Ripple faces nearly $2 billion in penalties for selling XRP to institutions, continuing a contentious legal battle.
Rep. Nickel is hopeful about the potential for legislators to agree on reversing a SEC accounting bulletin amid upcoming Senate votes.
ETF analyst James Seyffart believes the SEC may reject Ethereum ETFs over concerns that ETH is a security, while finance lawyer Scott Johnsson awaits SEC clarification.
The SEC appears unlikely to approve spot Ethereum ETFs, presenting a challenge for investors seeking simple exposure to Ethereum.
Legal experts question the SEC's demand for an $876 million disgorgement in its lawsuit against Ripple, considering the complexities and potential outcomes of the case.