Day: March 25, 2025

SEC closes investigation into Immutable nearly 5 months after Wells notice

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Web3 gaming platform Immutable says the US Securities and Exchange Commission has closed its investigation into the company, clearing it of any further action.  Immutable — the firm behind the Ethereum layer-2 ImmutableX — said in a March 25 statement that the SEC shut its inquiry into the firm without finding wrongdoing and “closes the loop on the Wells notice issued by the SEC last year.” In November, Immutable said it received a Wells notice from the regulator — a letter informing that the SEC is considering an enforcement action,…

Fidelity’s FBTC Leads Daily Inflow as Bitcoin ETFs Achieve 7-Day Inflow Streak With $84 Million Addition

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Bitcoin ETFs continued their positive momentum with a seventh consecutive day of inflows, adding $84 million on March 24. Meanwhile, Ether ETFs ended a 12-day streak of outflows, recording neutral activity for the day. Bitcoin ETFs Look to Reclaim $100 Billion in Net Assets​ The show of strength from bitcoin ETFs continued into the new […] Original

XRPL Hits 2.8B Transactions—Big Players Are Paying Attention

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Blockchain technology is receiving a boost with the XRP Ledger, based on recent findings from industry observers. The system has handled over 2.8 billion transactions without any security failure,…

KULR’s Bitcoin Holdings Reach 668.3 BTC as Treasury Strategy Gains Momentum

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KULR Technology Group, Inc. announced Tuesday that it purchased an additional $5 million in bitcoin for its corporate treasury, increasing total holdings to $65 million. KULR Purchases $5M in Bitcoin at $88,824 Average Price, Total Spend Hits $65M The Houston-based energy management firm, KULR Technology Group, Inc. (NYSE: KULR), acquired the bitcoin at a weighted […] Original

Ripple will drop cross-appeal in SEC case, get refund from lower court ruling

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Blockchain firm Ripple Labs’ case with the US Securities and Exchange Commission (SEC) may be officially wrapped up after more than four years, subject to court approval. According to a March 25 X post from chief legal officer Stuart Alderoty claiming what could be “the last update on SEC v. Ripple ever,” the executive said Ripple will drop its cross-appeal against the SEC in the US Court of Appeals for the Second Circuit. An August 2024 judgment from the US District Court for the Southern District of New York finding…

Geopolitical Shifts May Be Leading US to Establish Strategic Bitcoin Reserve and Boost Gold Holdings

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Matthew Pines, Executive Director at the Bitcoin Policy Institute, has addressed concerns about the fracturing global financial system and the reliability of U.S. Federal Reserve dollar swap lines. He notes that European banks are heavily reliant on dollar funding, with 17% of their financing in dollars, and highlights a shift in the U.S. Treasury market, […] Original

Fidelity Files for Spot Solana ETF on Cboe Exchange

Fidelity Investments is looking to create an exchange-traded fund (ETF) tracking the price of Solana (SOL), a filing with the Securities and Exchange Commission on Tuesday shows. Cboe Exchange uploaded a 19b-4 filing to list a Solana ETF proposed by the $5 trillion Wall Street veteran. This comes after the firm registered a Fidelity Solana Fund in Delaware last Thursday. Fidelity has yet to submit an S-1 filing, which is required for companies seeking to issue a new security and be listed on a public stock exchange. Solana, at $74…

Bitcoin Holds Steady Despite Mt Gox Transfers

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Bitcoin held steady near $88,000 even as roughly $1 billion worth of BTC was quietly moved from the defunct Japanese exchange Mt Gox. Bitcoin Price Unfazed by Massive Mt. Gox Wallet Activity Some 11,501 bitcoins were quietly shuffled around Tuesday morning from Mt Gox, which filed for bankruptcy in 2014, but the activity, which could […] Original

Ethereum Accumulation Is Almost Over – Breakout Above $2,200 Could Trigger Expansion Phase

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is trading back above the key $2,000 level after spending several volatile weeks attempting to reclaim it. Since late February, ETH has dropped more than 38%, triggering widespread…

Burning Private Keys: Strategy’s Saylor Hints at Satoshi-Inspired Bitcoin Legacy Plan

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Strategy founder Michael Saylor suggested in a recently aired Coindesk interview that burning his bitcoin private keys—akin to Satoshi Nakamoto’s anonymous legacy—could serve as a form of “decentralized charity” to permanently empower the Bitcoin network. Michael Saylor Explores Bitcoin’s ‘Economic Immortality’ Through Key Burning Legacy In a Coindesk interview, Strategy (formally Microstrategy) executive chairman Michael […] Original