SEC

Major cryptocurrencies traded in a mixed manner on Monday evening, as there is an ongoing concern about the future of the world’s largest crypto exchange Binance. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EST) Bitcoin (CRYPTO: BTC) +0.86% $37,588 Ethereum (CRYPTO: ETH) +1.31...

Kraken is embroiled in a legal battle with the Securities and Exchange Commission (SEC) over allegations of illegal activities and inappropriate management of customer funds. What Happened: The SEC raised accusations against the San Francisco-based firm on Monday, alleging violation of federal...

Do Kwon, the former CEO and founder of Terraform Labs, has been unsuccessful in his appeal against a passport fraud conviction mandated by a court in Montenegro. What Happened: CryptoSlate reported on Wednesday that Kwon and his associate, Han Chang-joon, had been indicted for passport document...

Cathie Wood, CEO of ARK Invest, has reported a significant change in the Securities and Exchange Commission’s (SEC) approach to Bitcoin (CRYPTO: BTC) Spot ETF filings.  What Happened: Wood, in a Tuesday interview with Bloomberg expressed optimism for the approval of such ETFs based on...

In the midst of swirling rumors regarding its stance on a Bitcoin (CRYPTO: BTC) spot ETF, the Securities and Exchange Commission (SEC) has issued its own performance assessment, claiming a year of exceptional enforcement productivity within the realm of cryptocurrencies and digital assets. What...

XRP (CRYPTO: XRP) holders were left momentarily spellbound as a reported “BlackRock iShares XRP Trust” filing sent the cryptocurrency’s price soaring.  What Happened: This euphoria was short-lived as it turned out that the filing in Delaware, which was responsible for a rapid...

In an optimistic forecast, BlackRock (NYSE:BLK), the world’s largest asset manager, expects the U.S. Securities and Exchange Commission (SEC) to greenlight its spot Bitcoin exchange-traded fund (ETF) application by January 2024. What Happened: FOX Business...

The Securities and Exchange Commission (SEC) has started discussions with Grayscale Investments regarding its proposed spot Bitcoin (CRYPTO: BTC) ETF. What Happened: According to a report by CoinDesk, the SEC has initiated talks with Grayscale on its application to transform its GBTC trust product...

A pseudonymous crypto analyst has made a bold bet on the future of Dogecoin (CRYPTO: DOGE).  What Happened: The analyst predicts that DOGE will rally over 140% by the end of 2023, reflecting a significant surge in value for the popular cryptocurrency. “Every dog has its day. It...

A United States lawmaker is seeking to significantly reduce the salary of Securities and Exchange Commission (SEC) chair Gary Gensler to just $1 per year.  What Happened: Rep. Tim Burchett (R-Tenn.) has proposed an amendment to the Financial Services and General Government (FSGG) bill, which...

Joining a growing list of asset managers, VanEck has amended its application for a spot Bitcoin (CRYPTO: BTC) ETF with the Securities and Exchange Commission (SEC). What Happened: On October 27, VanEck submitted an updated application for a spot Bitcoin exchange-traded fund (ETF) to the SEC, as...

The value of Bitcoin (CRYPTO: BTC)  surged to levels around $30,000, largely attributed to the renewed optimism for Securities and Exchange Commission (SEC) approval of ETFs, as well as positive market sentiment following the dismissal of charges against two executives of Ripple in the XRP...

Former President Donald Trump, who is a Republican candidate for the upcoming Presidential election, has witnessed a substantial increase of $91,000 in his Ethereum (CRYPTO: ETH) holdings since he launched his NFT collection in December 2022. What Happened: According to data provided by Arkham...

Ripple Labs’ creation XRP (CRYPTO: XRP), has exhibited a surge of 7% in the past 24 hours, outpacing other prominent cryptocurrencies such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). What Happened: As of the latest data, XRP was trading at $0.51, while BTC,...

Bitcoin SV (CRYPTO: BSV) has experienced a remarkable surge of 20% in the past seven days, outperforming its counterparts Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH)  in terms of gains. As of the time of writing, BSV is trading at $39.85. What Happened: The primary driving force behind...