SEC

The US Securities and Exchange Commission (SEC) has stepped up its regulatory scrutiny of the crypto industry by charging Cumberland DRW LLC with operating as an “unregistered dealer”, underscoring the agency’s relentless enforcement approach that has come under increasing criticism from stakeholders and advocates in the digital asset space. Accused Of Trading $2B In Crypto As ‘Unregistered Dealer’ In a statement released on Thursday, the SEC revealed that Chicago-based Cumberland DRW is accused of trading over $2 billion in crypto…

A $3 million presale by CYBRO is capturing the spotlight in the crypto community amid Ripple's ongoing battle with the SEC. Meanwhile, questions loom over Polygon's trajectory. This article dives into the shifting tides of the crypto market to reveal which digital currencies are poised for a potential surge. CYBRO Presale Exceeds $3 Million: A One-in-a-Million Next GEN DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This…

With about 16% of its value lost in October 2024 alone, XRP, the native coin of Ripple, has been under heavy assault this month. The US Securities and Exchange Commission’s (SEC) fresh appeal in its continuous action against Ripple is driving the price drop. Investors are left wondering about XRP’s future as the legal question of whether it qualifies as a security looms over the token like a dark cloud. Hope is mixed with skepticism, as some analysts are nearly…

This week’s top stories from the crypto world include claims of Satoshi Nakamoto’s identity being revealed, Ripple facing a new chapter in its legal battle with the SEC, and Bitcoin holding strong above $60,000. Let’s dive deeper into these updates. Bitcoin A new HBO documentary has shockingly claimed to have identified the mysterious creator of Bitcoin, Satoshi Nakamoto, in a revelation that could potentially send shockwaves throughout the crypto markets.  Amid Middle Eastern tensions, Bitcoin has taken a dip, but…

The XRP price experienced a notable recovery last week, reaching a seven-month high of $0.665 last Sunday. This surge was primarily driven by a broader market rally and bolstered by excitement surrounding crypto asset manager Bitwise’s filing for an XRP exchange-traded fund (ETF) earlier this week.  However, the enthusiasm was short-lived. XRP has since lost nearly 12% of its value on the weekly time frame, following the US Securities and Exchange Commission’s (SEC) decision to appeal a partial victory for…

In a technical analysis shared with his followers on X, crypto analyst Bobby A (@Bobby_1111888) provides a bullish prediction for XRP despite the US Securities and Exchange Commission’s decision to appeal the ruling in its case against Ripple Labs. Amid the regulatory turmoil, Bobby’s interpretation of the macro charts suggests a bullish outlook for XRP, contradicting the potential bearish sentiment stirred by the SEC’s latest legal maneuver. Bobby contrasts the immediate market reactions typically triggered by high-profile legal news with…

Yesterday, Wednesday, the United States Securities and Exchange Commission (SEC) formally extended the XRP lawsuit against Ripple by filing a Notice of Appeal regarding Judge Torres’s ruling. Following this news, the price of XRP plunged by more than 10%. However, crypto analyst Egrag Crypto (@egragcrypto) maintains that the bullish setup remains unchanged, with a target of $7.50 still in place for this bull run. Why $7.5 Is Still Possible For XRP Price Egrag’s analysis, shared via X, emphasizes resilience in…

Days before the deadline, the SEC filed an appeal against the court ruling that declared XRP as not a security, reigniting its legal battle with Ripple Labs just after the departure of its Enforcement Director, Gurbir Grewal. Appeal Against XRP Ruling The U.S. Securities and Exchange Commission (SEC) has filed a notice of appeal against the ruling in its legal battle with Ripple Labs concerning the status of XRP as a security. This move comes after Judge Analisa Torres ruled…

In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing the court ruling limiting its authority over crypto markets.  The appeal targets a July 2023 decision by US District Judge Analisa Torres, which determined that the XRP token, sold by Ripple Labs on public exchanges, does not qualify as a security under existing laws. SEC Appeals Court Ruling On…