Tag: SEC
Crypto
DraftKings Faces Legal Battle Over NFTs Classified as Securities
A recent court ruling has set the stage for a significant legal battle, as DraftKings' sports-themed NFTs are alleged to be investment contracts, potentially...
ETH
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
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%...
crypto exchange
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...
ETH
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...
ETH
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
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...
ETH
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
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...
crypto exchange
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...
ETH
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
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...