SEC

Ethereum (ETH) stages a massive rebound as its market cap surpasses that of MasterCard to secure the 26th position on the global asset rankings.  According to analysts, this move was triggered by the potential approval of the first spot Ethereum Exchange Traded Fund (ETF) in the US.  The growing influence and acceptance of Ethereum (ETH) in the global financial system have been confirmed in the latest Odaily data, disclosing the incredible move of digital assets into the 26th position of…

Ripple CTO David Schwartz gave an explanation of the company’s decision to liquidate its XRP holdings. Major developments are still in the legal dispute between Ripple and the SEC. The growing XRP token sales by major blockchain company Ripple have drawn criticism on several occasions. The Chief Technology Officer (CTO) of Ripple, David Schwartz, gave an explanation of the company’s decision to liquidate its XRP holdings. Let me explain the strategy again: Say Jeff has a total tax rate on…

The post Fidelity Files Updated S-1 Application for Spot Ethereum ETF Ahead of SEC Looming Deadline appeared first on Coinpedia Fintech News In a significant move for the cryptocurrency market, Fidelity has filed an updated S-1 application for its Spot Ethereum ETF. This has sparked speculation within the investment community, especially after the SEC recently asked Ether ETF issuers to update their 19b-4 filings. Fidelity Updates S-1 Form Fidelity, one of the world’s leading asset management firms, has recently filed…

The post Ripple vs. SEC: Legal Analyst Bill Morgan Exposes SEC’s Flaws in XRP Lawsuit appeared first on Coinpedia Fintech News The never-ending legal battle between the SEC and Ripple Labs, Inc. continues to attract attention from the crypto space. In the latest development, the SEC opposed Ripple’s motion to seal and redact certain evidence relating to the parties’ briefing on remedies.  Legal analyst Bill Morgan has criticized the SEC’s stance while pointing out critical inconsistencies and distinctions among the…

The United States Securities and Exchange Commission (SEC) has asked US exchanges to update their 19B-4 filings on an accelerated basis ahead of a crucial deadline this week.  The Securities and Exchange Commission was expected to reject the spot Ethereum ETF filings, and while approval is not guaranteed, the latest developments suggest progress is being made.  SEC Asks To Update Filings  The SEC’s move to ask applicants to update their filings has sparked speculation that the market regulator may approve…

The SEC must approve both the 19b-4 filings and the S-1 registration statements for spot Ethereum ETFs to commence trading on stock exchanges. The S-1 form is the initial registration document that discloses detailed information about the new securities being offered to the public. The financial market is on edge as the SEC’s decision on spot Ethereum ETFs is set to be announced. The decision will be a significant milestone in the integration of digital assets with traditional financial markets,…

In the last decade, cryptocurrency has evolved to be the fastest-growing industry in the world. It has caught the attention of the authorities, and as a result, SEC crypto crackdowns on big crypto firms have been on the increase. The latest victim is Uniswap (UNI), and Cardano (ADA), being a smart contract platform, is not exempt from its legal glare.  As a result, there’s been some inconsistency with both UNI and ADA prices, paving the way for a hot new…

The post The End Seems Near On SEC, And XRP Lawsuit; Rebel Satoshi ($RECQ) Presale Goes For The Best Market Gains appeared first on Coinpedia Fintech News Experts believe the lawsuit between Ripple and the SEC may be drawing to a close.  Rebel Satoshi’s $RECQ token becomes the best coin to invest in after a 120% surge. As the legal battle between the SEC and Ripple nears a resolution, the SEC’s final response challenges Ripple’s assertions in the remedies brief.…

Bitcoin prices are soaring again, indicating good tides for more and more institutions that are choosing to go all in on Bitcoin ETFs. Let’s find out more.  Bitcoin Four successive days of positive inflows into the US Spot Bitcoin ETFs have coincided with positive growth in the Bitcoin price, quickly putting the last ten weeks of corrective price action behind it. Investment management giant Millennium Management has officially disclosed holdings of nearly $2 billion in spot Bitcoin ETFs, highlighting the…