A federal judge rejected Ripple and the SEC’s joint US$50 million settlement request, criticising both parties for attempting to bypass her permanent injunction against Ripple’s securities law violations. Investors are …
SEC
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SEC Shocks Market With Bitwise ETF Approval, Then Sudden Pause The SEC approval of Bitwise ETF and its immediate halt causes confusion in the crypto market. No clear listing …
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Trading
In letter to SEC, Citadel Securities calls for formal rule-making on tokenization
by SKby SKCitadel Securities has urged the US SEC to proceed more slowly on allowing tokenized securities. The firm warns that a rushed approach could lead to investor confusion and “self-serving regulatory …
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Altcoins
Ripple Co-Founder Chris Larsen Moves $26 million in XRP Amid New All-Time Highs
by SKby SKKey Insights: Ripple co-founder Chris Larsen has moved $26 million in XRP to Coinbase, and is likely engaging in a selling spree Larsen has offloaded over 106 million XRP this …
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Key Insights: XRP could be looking at a push towards $3 soon, with the most immediate technical target sitting within the $2.20 to $2.30 range. According to trader Dom, XRP …
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XRP ended a two-day losing streak on Sunday, July 6, as market participants turned their focus to an upcoming U.S. Securities and Exchange Commission (SEC) decision in the Ripple case. …
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An industry trade group is urging the US securities regulator to reject a wave of relief requests from crypto companies seeking to offer tokenized stocks. The Securities Industry and Financial …
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Altcoins
Solana Staking ETF Set to Launch “Any Minute Now” as SEC Clears Path for REX Shares
by SKby SKKey Insights: REX Shares is set to launch the first-ever US Solana staking ETF ($SSK) in the US. The ETF will be able to generate yield for investors through on-chain …
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News
Ripple Drops Cross-Appeal in SEC Case, Bringing 4-Year Legal Saga Over XRP Token Sales to an End
by SKby SKKey Takeaways: Ripple files to stop its cross-appeal in its headline-grabbing case against the U.S. SEC; the regulator will likely do the same.The legal status of XRP has not changed, …
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Bakkt files to raise $1B via SEC shelf registration. Funds to support Bitcoin and digital asset investments. Strategy includes expanding crypto infrastructure, acquisitions. Using Form S-3, Bakkt Holdings has …