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
Ripple VS. SEC: Ripple Strikes Back to Save Business Integrity in New Motion Reply
The post Ripple VS. SEC: Ripple Strikes Back to Save Business Integrity in New Motion Reply appeared first on Coinpedia Fintech News It’s another day in the Ripple vs. SEC case, which is getting complex and hard to predict. With Ripple’s new reply to save its business integrity, it’s getting tough to see an end soon. Ripple has filed a new reply in response to the SEC’s motion to seal documents. The company addressed some of the arguments put forward…
1 year ago
When Will the SEC Approve Spot ETH ETF Registration Statements? ETF Expert Predicts Timeline
The post When Will the SEC Approve Spot ETH ETF Registration Statements? ETF Expert Predicts Timeline appeared first on Coinpedia Fintech News On May 23rd, the U.S. SEC approved eight ETF 19b-4 application forms from BlackRock, Fidelity, Grayscale, ARKInvest, VanEck, Invesco Galaxy, and Franklin Templeton. Since then, speculations have been going wild about when the ETH ETFs will be listed and go live for trading. While Bitcoin ETFs took years to get listed on the NYSE finally, ETF experts believe…
1 year ago
Ripple vs SEC: How Biden’s Administration Could Influence XRP Lawsuit
The post Ripple vs SEC: How Biden’s Administration Could Influence XRP Lawsuit appeared first on Coinpedia Fintech News James “MetaLawMan” Murphy, founder and chairman of Murphy & McGonigle law firm, recently analyzed how President Joe Biden’s administration policy adjustments might influence the Ripple vs. SEC lawsuit. Murphy shared his insights on X, highlighting the potential impacts that these regulatory changes might have amidst the currently ongoing political shifts in America. The broader political sphere and upcoming elections could bring about…
1 year ago
Uniswap Challenges SEC: Tokens Not Securities, Says Chief Legal Officer
Uniswap Labs responded to the SEC’s Wells notice by calling the legal arguments weak and stating that it is prepared to fight in court. The company emphasizes that tokens on Uniswap are not securities. Uniswap [UNI], a prominent decentralized exchange (DEX), is navigating significant challenges and opportunities. Recently, the SEC issued a Wells Notice to the team, bringing Uniswap under regulatory scrutiny. Often a precursor to formal charges, this notice suggests potential regulatory actions against Uniswap. Uniswap Responds to SEC,…
1 year ago
SEC Likely to Greenlight Ethereum (ETH) ETFs: Top 2 Cryptos to Hold for the Forthcoming Altseason
The news of Ethereum ETFs has the cryptocurrency community in a frenzy. The US SEC has delayed making a decision on several Ethereum ETF applications over the last few months. However, rumor now has it that the regulator could give ETH ETFs the green light. If this happens, the price of Ethereum and other top altcoins like Dogecoin and Rollblock could spiral in the coming weeks. Ethereum (ETH) ETF Rumor Brings Positive Momentum To the Crypto Market After a series of…
1 year ago
XRP Price Prediction: Crypto Experts Say Ripple’s SEC Settlement Will Push Price To $18
The post XRP Price Prediction: Crypto Experts Say Ripple’s SEC Settlement Will Push Price To $18 appeared first on Coinpedia Fintech News Crypto experts BitBoy Crypto and Dark Defender have offered a bullish narrative for the Ripple (XRP) token. Based on their predictions, the crypto token could rise to as high as $18. However, Ripple’s (XRP) price action in the past suggests that crypto investors are better off investing in a crypto token like ETFSwap (ETFS), which will provide better…
1 year ago
XLM Q1 Results: Is it Time to Invest? Raboo’s Progress and Ripples’s SEC Challenges
With the bull run kicking off in April, it was no surprise to see new and old altcoins and meme coins start doing respectable numbers again. With older altcoins like Stellar (XLM) and Ripple (XRP) undergoing some sort of rally, analysts have discovered a new AI-powered memecoin, which is tipped to be the most exciting memecoin of 2024. After raising over $1.4 Million in its ongoing presale, Raboo ($RABT) aims to become a top 20 memecoin by market cap, challenging…
1 year ago
SEC vs Terraform Labs: Montenegro Appeals Court Halts Do Kwon’s Extradition for Retrial
The post SEC vs Terraform Labs: Montenegro Appeals Court Halts Do Kwon’s Extradition for Retrial appeared first on Coinpedia Fintech News The Montenegro Appeals Court has halted Do Kwon’s extradition to South Korea, calling for a retrial in the initial court. This move contradicts the previous High Court ruling. Interestingly, this decision follows a meeting between Montenegro’s Justice Minister and the SEC’s Director of Enforcement, raising questions about potential influences on the legal proceedings. Do Kwon’s case is now due…
1 year ago
SEC Passed ETH ETF Due To Correlation Between CME ETH Futures And Some Spot ETH Trading Platforms
The post SEC Passed ETH ETF Due To Correlation Between CME ETH Futures And Some Spot ETH Trading Platforms appeared first on Coinpedia Fintech News A recent post on X shared by Wu Blockchain reveals that the SEC passed the Ethereum spot ETF mainly due to the correlation between CME Ethereum futures and certain spot Ethereum trading platforms. Most of the SEC documents provide data evidence of high correlation, and the monitoring and sharing agreements of CME and others can…
1 year ago