Tag: sec

Wireline is now barred from distributing the tokens it promised investors in its 2018 SAFT sale.

A ex-CFTC official on how Biden's putative pick for SEC head might approach the office and the crypto-related issues before it.

The debacle around XRP's legal status continues to unfold, with Grayscale liquidating its respective Trust product. This and other negative headlines have severely impacted the altcoin's price. Grayscale Dissolves XRP Trust Ripple made headlines after the U.S. Securities and Exchange Commission (SEC)...

Quick take: Grayscale announced the dissolution of its XRP trust All cash proceeds will be distributed to the XRP Trust shareholders XRP is rather stable at the $0.28 - $0.30 price area Its number 4 spot in terms of market cap, could be under threat from Polkadot (DOT) Grayscale Investments has announced that it will be commencing the dissolution of its XRP Trust...

Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said.

After his most recent stint teaching about blockchain at MIT, former CFTC head Gary Gensler is reportedly the next SEC Chair.

Canadian firm Arxnovum Investments Inc. has filed a preliminary Bitcoin ETF document. Winklevoss Twins' Gemini Trust firm will act as the sub-custodian for the ETF fund. ...

Reading Time: 2 minutes JPMorgan strategists have warned that the granting of a Bitcoin ETF could damage the Bitcoin price in the short term The group said that institutional investors would sell their Grayscale holdings en masse in preference for an ETF, causing the price to...

Gensler has testified before Congress about cryptocurrency and blockchain on multiple occasions.

Berger presided over the enforcement division when it launched the Ripple lawsuit.

Summary: The number of new XRP account activations has hit a one year high of 9,100 per day This is despite crypto exchanges suspending the trading of XRP due to the Ripple lawsuit XRP has reclaimed the $0.30 price area as support as well as the number 4 spot on Coinmarketcap The number of new XRP account activations per day has reached a...

Data and traders reveal the source of XRP's recent price rally could be Asia.

In a recent interview SEC commissioner aka Crypto Mom Hester Pierce gave her response to recent $1.3 Billion Lawsuit against Ripple and said SEC can do better as enforcement should not be the only way to provide guidance. It should be noted that the hearing for the lawsuit is due in virtual court on Feb. The post "SEC Can do Better on Clarity"...

The first edition of Crypto Briefing's wNews column will unpack the XRP army's contrarian bet, Bitcoin's historic rise to $40,000, and why institutional investors are may soon be turning to Ethereum. Plus, Crypto Briefing journalist Chris Williams has...

Reading Time: 2 minutes Ripple CEO Brad Garlinghouse has addressed several questions over Ripple’s upcoming battle with the SEC Garlinghouse listed five “key” questions he has seen since the suit was filed, including one on paying exchanges to list XRP Significantly he...

Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations.

Quick take: Stellar (XLM) is now ranked 9th on Coinmarketcap with Chainlink in the 10th position Stellar (XLM) initially fell to $0.11 after news broke of the SEC suing Ripple The digital asset has since set a two-year high of $0.418 due to news of Ukraine using the Stellar network to issue its own digital currency Altcoins have been in the green this...

Summary: The SEC lawsuit against Ripple continues to have a ripple effect on XRP XRP whales holding at least 1 million coins have dropped significantly Grayscale has removed XRP from its large-cap fund and sold its XRP bags to buy Bitcoin, Ethereum, Litecoin and Bitcoin Cash It has been less than two weeks since the SEC announced that it was suing Ripple for...

Summary: Bitcoin's dominance tested 73% on January 3rd This level was last seen in September of 2019 and is a crucial resistance area If Bitcoin pushes above this level, altseason will be postponed Conversely, if Bitcoin corrects and fails to break the 73% dominance, alts might just thrive The King of Crypto, Bitcoin (BTC), has just set a new all-time high value of...

Tetragon was one of Ripple Labs' big financial backers.