SEC

The price of Bitcoin (CRYPTO: BTC) on Monday experienced a rapid surge, reaching as high as $30,000 on certain cryptocurrency exchanges.What Happened: The reason behind this sudden increase in value was the circulation of erroneous reports online, claiming that the  Securities and Exchange...

BlackRock Inc (NYSE:BLK) CEO Larry Fink has responded to a Monday controversy surrounding a false report that claimed his company’s application for an iShares Bitcoin Trust ETF had been approved by the Securities and Exchange Commission (SEC).  What Happened: The hoax caused a social media...

Major cryptocurrencies experienced a significant surge on Monday evening, triggered by a false rumor on X, claiming that the Securities and Exchange Commission (SEC) had approved BlackRock’s (NYSE:BLK) spot bitcoin ETF application. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EDT...

In a world where social media plays a significant role in communication, having your X, formerly Twitter, account suspended, locked, or limited can be a frustrating experience.  Musk Faces Criticism: Elon Musk, the executive chair and chief technical officer of X, on Sunday, faced criticism...

In a federal court case against Coinbase (NASDAQ:COIN), the Securities and Exchange Commission (SEC) has contended that cryptocurrencies lack any “innate or inherent value.” This argument has drawn criticism from Tesla CEO Elon Musk and Dogecoin (CRYPTO: DOGE) creator. What Happened:...

On Thursday, the U.S. Securities and Exchange Commission or SEC filed a lawsuit against Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk. The tech billionaire has now responded that a comprehensive overhaul of these agencies is sorely needed. What Happened: In the lawsuit,...

Cameron and Tyler Winklevoss, the founders of prominent cryptocurrency exchange Gemini, have long been advocates for the establishment of a Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF).  What Happened: The brothers took a significant step in mid-2013 by filing plans for the Winklevoss...

A  federal judge has denied the Securities and Exchange Commission’s (SEC) attempt to appeal its loss against Ripple (CRYPTO: XRP). The news had an immediate impact on XRP’s price, which surged 5% following the judge’s decision. What Happened: District Judge Analisa Torres,...

A former Goldman Sachs Group Inc (NYSE:GS) employee has been charged with using Microsoft Corp.'s (NASDAQ:MSFT) Xbox chat service to pass insider trading information. What Happened: Anthony Viggiano, a former Goldman Sachs financial analyst, has been charged by the US Securities and Exchange...

The Securities and Exchange Commission (SEC) has decided to again postpone its decisions on several Bitcoin ETF proposals, including those submitted by BlackRock and Valkyrie. What Happened: As reported by Blockworks, the SEC has delayed its decisions on a number of Bitcoin (CRYPTO: BTC) ETF...

Valkyrie Investments has emerged victorious in offering the first-ever exchange-traded fund (ETF) featuring Ethereum (CRYPTO: ETH) futures.  What Happened: As a result of Valkyrie’s ETH ETF Futures news, there has been a surge in ETH prices, leading to the liquidation of over $11 million...

Rep. Warren Davidson (R-OH) voiced his criticism of Securities and Exchange Commission (SEC) Chair Gary Gensler, citing two main problems during Gensler’s tenure.  What Happened: Davidson said, “Gary Gensler’s tenure at the SEC highlights two key problems – a problem with...

Binance US, the United States offshoot of the international cryptocurrency exchange, is facing a precipitous 70% drop in revenue this year. This downturn comes in the wake of several legal battles and internal issues plaguing the company. What Happened: A Wall Street Journal report on Monday...

Coinbase Global, Inc. (NASDAQ:COIN) initiated one of the largest lobbying efforts by the crypto industry on Wednesday, aimed at rallying support among lawmakers for the introduction of new legislative rules for the industry, Barron’s reported. This event, named “Stand With Crypto Day,...

Securities and Exchange Commission (SEC) Chair Gary Gensler remains steadfast in his belief that cryptocurrencies and crypto firms should be subject to federal securities laws.  What Happened: Gensler is scheduled to testify before the House Financial Services Committee on Wednesday. In his...