Saturday , April 20 2024
Home / Tag Archives: sec (page 39)

Tag Archives: sec

Unpopular Opinion: Is the SEC the Key Behind the Next Crypto Bull Market?

The crypto market has recovered a lot of the losses sustained in 2022, with BTC rising by over 80% YTD and many altcoins performing even better. This led to questions and analysis within the community about whether the bear market is over and the industry is preparing for yet another bull cycle. Moreover, the BTC halving is scheduled to take place in less than a year, which is typically regarded as a catalyst for upcoming price increases. However, the recent developments from...

Read More »

What Does Ripple’s Victory Over SEC Mean for SOL, ADA, and Other Alleged Security Tokens? 

On July 13, Ripple scored a big win in its nearly three-year-long legal battle against the US Securities and Exchange Commission (SEC) after a court ruled that the majority of XRP sales do not fall under the classification of securities transactions. This has raised questions about the potential implications for cryptocurrencies, such as Solana (SOL), Cardano (ADA), Polygon (MATIC), and other tokens facing similar allegations of being unregistered securities. Let’s examine...

Read More »

Rep. Ritchie Torres Calls for Investigation into SEC Over Prometheum’s License Approval

Ripple’s partial victory in its fight with the US Securities and Exchange Commission (SEC) in a court ruling paved the way for small but significant regulatory clarity that the cryptocurrency industry was deprived of for so long. Now all eyes are on the security regulator who, according to Congressman Ritchie Torres, is acting like “an overzealous traffic cop arbitrarily ticketing drivers while keeping the speed limit a secret.” As such, Torres wants the SEC to be...

Read More »

History in the Making with Ripple Scoring Massive Win in Court in XRP Security Case: This Week’s Recap

The past seven days will go down in history as the week when Ripple scored a massive win in court against the United States Security and Exchange Commission. In fact, the news is so important that it’s hard to talk about anything else. However, it’s worth mentioning that the entire market took to the skies following the development, and BTC is finally trading above $31K, while ETH is above $2K. Now, let’s dive into some specifics. More than three years ago, the SEC filed a...

Read More »

Ripple’s Partial Win in XRP Case Sparks Alt Rally as PoS Coins Post Impressive Gains

XRP appears to be leading the altcoin rally fetching over 66% in the past day alone. This comes after Ripple Labs managed to score a victory in the SEC case crippling the financial regulator’s plan to regulate the digital asset industry. The market has reacted positively to the District Court for the Southern District of New York’s ruling. Interestingly, altcoins that have posted significant gains are mostly the ones deemed as securities by the US financial regulator. Binance...

Read More »

Congressman Torres Urges Investigation into SEC’s Cryptocurrency Oversight & Prometheum’s License

CoinspeakerCongressman Torres Urges Investigation into SEC’s Cryptocurrency Oversight & Prometheum’s License Earlier this week, US senator Thomas Tuberville (R-Ala.) and five other congressional Republicans called for investigations into Prometheum's ties to Chinese entities, alleging connections with the Chinese Communist Party. Congressman Torres Urges Investigation into SEC’s Cryptocurrency Oversight & Prometheum’s License

Read More »

SEC’s Gensler Skeptic of Crypto Wash Trading Amid a Plethora of Bitcoin ETF Filings

Recent comments regarding Bitcoin exchanges from Gary Gensler – Chairman of the U.S. Securities and Exchange Commission (SEC) – suggest that his agency may not be so eager to approve the recent wave of Bitcoin spot ETF applications in its mailbox. The chairman claimed that crypto trading platforms like Coinbase are structured in such a way that makes them open to wash trading and market manipulation. Problems With Coinbase, According to the SEC Gensler commented on the...

Read More »