Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
SEC
SEC Under Legal FIRE – Coinbase Fights Back Against Them!
The post SEC Under Legal FIRE – Coinbase Fights Back Against Them! appeared first on Coinpedia Fintech News Coinbase is taking a big stand by filing an amicus brief against the SEC. It looks like this is gonna be a long fight. This move supports the Crypto Freedom Alliance of Texas in their lawsuit against the SEC. The lawsuit argues that the SEC’s rules on digital assets are too indefinite and strict. People in the crypto world see this as…
11 months ago
Ripple vs. SEC: July 13 Deadline Looms for XRP Legal Showdown
A top pro-XRP lawyer is optimistic the Ripple versus SEC lawsuit is coming to an end in days. The anticipation of a favorable remedies ruling has sent XRP up by over 1.3%. The Ripple Labs’ legal battle with the Securities and Exchange Commission (SEC) is likely to end in July with pro-XRP lawyer Fred Rispoli anticipating a July 13 date. Notably, the broader crypto community is keen on the judgment that Judge Analisa Torres will deliver. The XRP lawsuit has…
11 months ago
Final Step: Ethereum ETF Applicants File Amended S-1s with SEC
As requested by the U.S. Securities and Exchange Commission (SEC), several asset managers filed updated S-1 registration statements for Spot Ethereum ETFs, thus taking a step toward potential approval. SEC's Request for Amended S-1 Filings Multiple applicants for Spot Ethereum ETFs updated their S-1 registration statements with the SEC. This move represents the final step before launching their ETF products. The SEC's request for new filings aims to expedite the review process. On Monday, asset managers, including VanEck, Grayscale, Fidelity,…
11 months ago
XRP’s Future Hinges on SEC vs. Coinbase Ruling Amid Broader Crypto Market Uncertainty
Analysts suggest that developments in Coinbase’s legal proceedings could influence XRP’s price movement going ahead. Ripple’s Chief Legal Officer, Stuart Alderoty, recently criticized the SEC and Chair Gary Gensler for their regulatory approach, citing concerns over excessive regulations stifling the digital asset sector. While the crypto community has been eagerly awaiting the final settlement and resolution in the SEC vs Ripple case, the focus has recently shifted to the SEC vs. Coinbase battle. Market analysts believe that the XRP price…
11 months ago
Spot Ethereum ETF S-1 Amendments Due Today, SEC Approval Expected Soon
The amendments to the S-1 forms that the SEC turned back to the Ethereum ETF applicants are due today, and the market is hopeful that this will be the last hurdle before the SEC’s green light. Most ETF experts hold firm to their prediction of an Ether ETF launching before the end of the month, which could boost ETH, which has lost over 16% in the past seven days. Today marks an important day in the journey towards Ethereum spot…
11 months ago
Ripple vs. SEC: Whale Transfers 37.39 Million XRP Amid Case Settlement Speculations
The post Ripple vs. SEC: Whale Transfers 37.39 Million XRP Amid Case Settlement Speculations appeared first on Coinpedia Fintech News As the legal battle between the Securities Exchange Commission (SEC) and Ripple is nearing its end, XRP witnessed significant whale movements in the last 24 hours. The transaction also spikes speculation of further activity by XRP Whales. According to the blockchain tracker, WhaleAlert, a large XRP holder transferred a massive 37.39 million XRP tokens to Bitstamp, a popular crypto exchange…
11 months ago
Bloomberg Analyst Revises Spot Ethereum ETFs Launch Date As SEC Returns S-1 Forms
The post Bloomberg Analyst Revises Spot Ethereum ETFs Launch Date As SEC Returns S-1 Forms appeared first on Coinpedia Fintech News Uncertainty runs high and investors and traders are left in suspense on the future of Spot Ether ETFs as the Securities and Exchange Commission (SEC) hits the brakes on the approval process. ETFSwap (ETFS), on the other hand, is ready to begin trading Spot Ethereum ETFs as new Bloomberg updates storm the media. Navigate Uncertainty in the Future of…
11 months ago
SEC vs. Ripple: $2 Billion Penalty Looms as SEC Counters Ripple’s Binance Argument
A new filing from the SEC has countered Ripples’s comparison with Binance’s latest ruling. The ruling on the much-awaited remedies is a focal point that might trigger XRP price growth. The $2 billion penalty the Securities and Exchange Commission (SEC) imposed on Ripple Labs Inc. in its ongoing court case looms on the horizon. The penalty resurfaces as the SEC counters Ripple’s comparison with a Binance ruling. SEC Counters Ripple’s Binance Argument Defense lawyer James Filan revealed in an X post…
11 months ago
Ethereum ETF Approval Imminent: SEC Set to Decide by Mid-July
Spot Ethereum (ETH) ETF applications are expected to be approved on July 15 as revised S-1 forms are scheduled to be submitted on July 8, with final submission expected to be on July 12. Crypto Exchange Gemini believes that in the first six months of trading, Ether ETFs could record net inflows of $5 billion. The S-1 filings for spot Ethereum (ETH) ETFs may be approved, as the president of The ETF Store, Nate Geraci, anticipates a decision in mid-July. …
12 months ago