Tag: SEC

ETF Approval Expected to Boost Crypto Market

Canaccord Genuity, in its quarterly report released on Sunday, highlighted the positive implications of the approval of bitcoin (BTC) and ether (ETH) spot exchange-traded...

Bitcoin Faces Market Uncertainty Amidst Price Decline

Bitcoin, the pioneering cryptocurrency, has experienced a notable decline of approximately 13% since March, marking a stark contrast to the substantial surges of 67%...

Coinbase Files Lawsuits Against SEC and FDIC Alleging Overregulation

Cryptocurrency exchange Coinbase has taken legal action against the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), filing lawsuits...

Solana Surges Amid ETF Filing; Ether ETFs Near Final Approval

Solana experienced its most significant surge in over a month on Thursday after fund manager VanEck filed an application to launch an ETF for...

SEC Chair Gensler Signals Potential for Ethereum ETFs

SEC Chair Gary Gensler, known for his cautious stance on cryptocurrencies, hinted at progress with Ethereum ETFs during his recent appearance at the Bloomberg...

Crypto firm Abra settles unlicensed operation with US states

Financial regulators from 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform Abra and its CEO, Bill Barhydt, for operating without...

Spot Ether ETFs Poised for U.S. Market

Spot exchange-traded funds (ETFs) for Ether (ETH), upon regulatory approval, are expected to attract demand similar to Bitcoin (BTC) ETFs, albeit on a smaller...

Bitcoin ETFs See $1.1 Billion Outflows Amid Market Decline

Spot bitcoin ETFs have experienced a significant downturn, with over $1.1 billion in outflows over a seven-day period, coinciding with a sharp decline in...

Coinbase Shares Surge Amid Digital Asset Volatility and ETF Outflows

Shares in the cryptocurrency exchange Coinbase saw gains of over 4% by midday Tuesday, reaching nearly $222. This surge follows a trend where Coinbase's...

Crypto Outflows Continue Amid Bitcoin and Ether Slump

Digital asset products faced significant outflows totaling $584 million in the week ending June 21, according to data from CoinShares International Ltd. The majority...

Bitcoin Faces Volatility Amid Mt. Gox Repayment Plan

June has proven turbulent for Bitcoin, with the cryptocurrency briefly slipping below the $60,000 mark following earlier hopes of surpassing its all-time high of...

AI Crypto Tokens Surge Despite Nvidia’s Market Cap Decline

Artificial intelligence-related cryptocurrencies have seen significant gains over the past week, even as Nvidia, a leading company in the AI sector, faced a notable...