SEC

CNBC Senior Market Correspondent Bob Pisani on Thursday said the SEC’s upcoming decision on Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) will determine whether they choose to yield or persist in the battle.  What Happened: "The ball is now in the SEC’s court a lot depending...

Vivek Ramaswamy, a Republican Presidential candidate on Wednesday expressed his bullish stance on Bitcoin (CRYPTO: BTC), particularly after Grayscale’s court triumph over the Securities and Exchange Commission (SEC).What Happened: Ramaswamy in a post on X said that the "shadow government" in...

Bitcoin (CRYPTO: BTC) surged by 4.5% between Monday and Wednesday, marking its most impressive performance since the third week of June. The revival of positive sentiment in the cryptocurrency market indicates both favorable news developments and bold bullish bets from major investors. To gain a...

Gold bull Peter Schiff on Wednesday dismissed the notion that a spot Bitcoin (CRYPTO: BTC) ETF would drive adoption, claiming it simply facilitates speculative betting on price movements.What Happened: In a tweet on X, Schiff posted that a spot Bitcoin ETF just "make[s] it easier for some...

The cryptocurrency market experienced the liquidation of crypto shorts worth a staggering $120 million within a span of 24 hours.  What Happened: This sudden development came as prices of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and various altcoins saw a surge, triggered by a recent US...

Over the past 24 hours, Ripple's native token XRP (CRYPTO: XRP)  has experienced a rise of 2%, surpassing gains seen in major cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).  What Happened: This gain led to the liquidation of over $2.6 million worth of XRP shorts, data...

Former Securities and Exchange Commission (SEC) officer John Reed Stark on Sunday said that the United States’ approach to cryptocurrency enforcement could undergo a significant transformation based on the outcome of the 2024 presidential election.  What Happened: Stark believes that if a...

The cryptocurrency world was abuzz this week with predictions, launches, and significant transfers. From Dogecoin’s potential breakout to PayPal’s new stablecoin, the crypto landscape continues to evolve rapidly. Here’s a look at the top stories that shaped the week. Dogecoin...

Pro-XRP lawyer John Deaton on Saturday said he expected Ripple's native token (CRYPTO: XRP) to break $1 after a ruling determined that it is not considered security in certain circumstances.  What Happened: In a post on social media platform X (formerly Twitter) by a user named Moon Lambo regarding...

Popular veteran trader Peter Brandt on Sunday said that 99.8% of altcoins will eventually meet a similar fate as HEX coin. What Happened: Brandt in a tweet said, "as an observer of the madness of crowds, I’m fascinated that the lovers of sh*tcoins such as HEX think most altcoins will...

Video game retailer GameStop Corp. (NYSE:GME)  on Monday said that it will no longer support cryptocurrency wallets due to regulatory uncertainty in the United States.  What Happened: This decision comes just a year after the company rolled out the service. GameStop’s website notes...

The Internal Revenue Service (IRS) has issued a new ruling mandating that cryptocurrency staking rewards must be reported as gross income in the year they are received.  Here are all your questions answered. 1. What is the recent ruling by the IRS regarding crypto staking rewards? The IRS has...

Securities and Exchange Commission (SEC) instructed Coinbase (NASDAQ:COIN), a cryptocurrency exchange, to halt trading on all cryptocurrencies except Bitcoin (CRYPTO: BTC), prior to initiating legal action against the company. What Happened: Brian Armstrong, CEO of Coinbase, told Financial Times...

A United States House panel on Wednesday gave its approval to two bills aiming to bring regulatory clarity to crypto firms.  What Happened: These bills address key issues like jurisdictional differences between securities and commodities regulators and provide guidelines for blockchain...

Securities and Exchange Commission (SEC) Chair Gary Gensler expressed a mixed response to a court ruling stating that Ripple Labs’s XRP token is not necessarily a security. What Happened: In an interview with Yahoo Finance, Gensler said, “There's ongoing litigation with a number of...