April 2024 is set to be a critical month for Ripple and its digital currency, XRP, as they face significant legal battles with the SEC and Zakinov. These legal proceedings are expected to shape the future of Ripple and XRP, highlighting the challenges within the cryptocurrency landscape.Ripple enthusiasts are keenly watching the evolution of the […]
Blackrock has responded to the SEC’s comments by making two minor updates to its S1 filing. This follows the SEC’s response to several applicants for a Bitcoin ETF, which included additional comments. The amendments were submitted on the morning of January 9.The changes made to the document are minor, suggesting that this could be the […]
The cryptocurrency landscape has witnessed a significant development with the listing of WisdomTree and VanEck’s Bitcoin ETFs on the Depository Trust & Clearing Corporation (DTCC). This event has sparked speculation about a potential ‘sell the news’ impact, which could see Bitcoin prices fluctuating between $35,000 and $55,000.The U.S. Securities and Exchange Commission’s (SEC) approval of […]
As the Bitcoin Spot Exchange-Traded Fund (ETF) approval looms, CryptoQuant, a renowned crypto analyst, has made a bold prediction for the digital asset. The expert has outlined two major scenarios for Bitcoin in relation to the ETF. According to CryptoQuant, Bitcoin will experience both a bullish and bearish scenario before receiving approval from the United […]
ARK Invest has continued its trend from the previous year of offloading its COIN holdings, with a recent sale of $20.6 million worth of Coinbase (COIN) shares. This sale was conducted across three exchange-traded funds (ETFs), with a total of 133,823 COIN traded. Despite this, the existing weight of Ark’s Coinbase stock remains substantial, valued […]
SEC Chair Gary Gensler has issued a stark warning about investing in volatile crypto assets, offering investors a few tips and “a few things to keep in mind.” The remarks from Gensler come as the broader markets wait for the Securities and Exchange Commission’s decision about the spot Bitcoin ETF applications.Gensler posted the warnings on […]
Investors in crypto asset securities have been warned by Gary Gensler, the current SEC Chair, that they may be deprived of key information and other important protections in connection with their investments. Gensler emphasized that those offering crypto asset investments or services must adhere to applicable laws, including federal securities laws. He also warned of […]
The United States Securities and Exchange Commission (SEC) has recently issued additional comments on the pending S-1a applications of various Bitcoin ETF applicants. This move, while potentially seen as a sign of delay, is actually a standard part of the regulatory process, often necessitated by ongoing amendments such as fee structures.Bloomberg expert James Seyffart has […]
Financial expert and author Linda P. Jones recently discussed the future of Ripple’s XRP, urging investors to be patient due to upcoming events that could significantly impact the asset’s value. Despite its recent lackluster performance, Jones believes that several factors could fuel a rally for XRP in the near future.The outcome of the ongoing Ripple […]
As the Securities and Exchange Commission (SEC) is on the brink of approving a Bitcoin spot ETF, its chair, Gary Gensler, has issued a warning to cryptocurrency investors. His statements, made on January 8th, have sparked intense discussions within the crypto community about the likelihood of the SEC approving a Bitcoin spot ETF on January […]
