Skip to content
  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About
  • MachinaAI

    Login
    • Home
    • News
    • Dashboard
      My Dashboard Equity Dashboard Analyst Dashboard Large Companies Portfolio
    • Smart Reports

Simplify financial decision-making

Machinary offers a modular and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

 

Register now and get free Credits

Sign up

Know the Market. Stay Ahead.

Market Insights & Analytics.

Gain access to a comprehensive retail platform with real-time updates on the stock market and critical financial metrics. Leverage advanced tools for better decision-making:

  • Overview of stock market data:Stay updated with the latest market trends and performance.
  • Monitor AI-based predictions:Access detailed company analytics.
  • Sentiment Analysis:Understand market emotions with AI-driven sentiment insights.
  • Relevance Score:Prioritize information that matters most.
  • Chatbot Integration:Get instant answers and insights through smart AI.
  • Customizable Widgets:Add or remove widgets to tailor your dashboard.
Sign up for early access

Stay Informed. Act Strategically.

Real-Time News Portal.

Unlock actionable insights with categorized, real-time news updates tailored to your needs. Stay ahead in the market with a reliable flow of information:

  • People:Explore updates about key influencers and market leaders.
  • Public Companies:Stay informed on listed corporations and their market activities.
  • Non-Public Companies:Gain insights into the operations of private enterprises.
  • Countries:Understand regional economic shifts and geopolitical trends.
  • Commodities:Monitor pricing and trends for critical commodities like oil, gold, and more.
  • Currencies:Keep track of currency fluctuations and forex market developments.
Sign up for early access

Modular Power. Limitless Potential.

Machinary empowered by MachinaCore

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Reaching new heights together.

Stay tuned for what’s coming next.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Sign up for early access

Explore tailored enterprise solutions - that make an impact.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Get in touch

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

  • Home
  • News
  • Dashboard
  • About us
  • Contact

Address

  • MachinaLabs AG
  • Viaduktstrasse 42
  • 4051 Basel
  • Switzerland

  • info@machinalabs.net
  • machinalabs.net

Newsletter

Subscription successful!

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Predefined Themes

Layout settings

Choose the font family that fits your app.

Choose the gray shade for your app.

Choose the border radius factor for your app.

Save settings

Welcome to Machina, a platform to connect with the social world

Forgot Password?

Don't have an account?Sign Up

Welcome to Machina, a platform to connect with the social world

Already have an account?Login

  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About

SEC’s Bitcoin, Ripple Classification May Propel Trillion-Dollar Valuations

  1. Home
  2. Bobs-News Categories Cryptocurrency Market Analysis
  3. SEC’s Bitcoin, Ripple Classification May Propel Trillion-Dollar Valuations
  • bob
  • 2024-01-11
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

The Securities and Exchange Commission (SEC) has made a landmark decision by approving the listing and trading of Bitcoin spot exchange-traded products (ETPs) and designating Bitcoin and Ripple’s XRP as commodities. This significant regulatory milestone could potentially lead to unprecedented market highs for these digital assets.

The SEC’s change in stance comes after it previously rejected similar applications. The U.S. Court of Appeals for the District of Columbia criticized the SEC for not providing sufficient reasoning in its previous disapproval of Grayscale’s ETP proposal, indicating a need for more transparent regulatory processes.

SEC Chairman Gary Gensler acknowledged that although the SEC had denied numerous applications in the past, the situation has shifted, particularly in light of the District of Columbia Court of Appeals’ decision. The current approval is limited to Bitcoin, now formally recognized as a non-securities commodity, a distinction that sets it apart from the majority of crypto assets.

Major financial players have significant influence in this scenario. A Senior ETF Analyst at Bloomberg, Eric Balchunas highlighted BlackRock’s significant sway over the SEC. He pointed out that BlackRock’s record in getting ETFs approved by the SEC stands at an impressive 575-1. This statistic underscores the magnitude of the SEC’s recent decision, suggesting a potentially transformative impact on the cryptocurrency market.

According to Crypto News Flash (CNF), Bitcoin and Ripple (XRP) are currently the only digital assets with clear regulatory status. XRP’s recent legal victories against the SEC and the impending settlement could place both Bitcoin and XRP at the forefront of the next market surge.

Valkyrie Funds CIO Steven McClurg suggested that Ripple (XRP) and Ethereum might soon join the ETF market, following the SEC’s anticipated approval of a Bitcoin ETF. This development could mark a significant turning point in the financial industry.

There is growing anticipation within the crypto community for an XRP ETF, following Grayscale’s decision to reintegrate Ripple into its Large Cap Digital Fund. Industry experts expect the launch of such an ETF, potentially in April 2024.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography North America
Countries 🇺🇸
Sentiment positive
Relevance Score 1
People Gary Gensler, Steven McClurg, Marcel Knobloch, Eric Balchunas
Companies BlackRock, Bloomberg, Valkyrie Funds, Grayscale, Securities and Exchange Commission
Currencies XRP, Bitcoin, Ethereum
Securities None

Leave a Reply Cancel reply

You must be logged in to post a comment.



 MachinaTrader

A new era of trading and data analytics

Everything in one place. Highly reliable, ultra-scalable and blazingly fast!

Related Links

News Blog
Forums
FAQ
About
Privacy Policy (DSGVO/GDPR)

Our Partners
sygnal logo 40
bullishtimes logo white
© 2023 MachinaLabs AG. All Rights Reserved.
People Who like this post
  • img
img