▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto News: The SEC vs Ripple XRP case is over with both parties filing Joint Dismissal of the Appeals. President Trump officially signs executive order opening the $12.5 trillion 401(k) retirement market to crypto investments. Show Sponsor – 🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms Promo Code: THINK7 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🌟Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly volatile.…
Tag: SEC
SEC Skewed Filings To Bring Suit, Unicoin Claims
Crypto investment platform Unicoin hit back at the US Securities and Exchange Commission’s fraud lawsuit after three months, accusing the agency of distorting its regulatory statements to build a case. Unicoin told a New York federal judge on Wednesday that the SEC’s lawsuit should be dismissed as it “plucks snippets of communications and distorts their meaning and context; treats routine financial projection and optimism as fraud; and ignores Unicoin’s sober warnings about risk.” It added, “Most bizarrely, the SEC twists Unicoin’s disclosures in the company’s own SEC filings and improperly…
REX-Osprey Files for BNB Staking ETF with US SEC
REX Shares and Osprey Funds (REX-Osprey) have filed with the US Securities and Exchange Commission for a BNB exchange-traded fund (ETF) featuring staking yield. The filing comes as asset managers step up their push into crypto ETFs and yield-generating strategies. According to the filing, the REX-Osprey BNB + Staking ETF would allocate at least 80% of its capital to BNB (BNB), the native token of the Binance ecosystem, or gain exposure to the asset through a Cayman Islands subsidiary. The remaining assets could be invested in other ETFs or exchange-traded…
INSANELY BULLISH For Crypto: SEC’s Move Could Pump These Projects!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Historically, the SEC has been anything but friendly towards the crypto industry. However, that stance has now shifted, and in a big way. In a complete reversal, the SEC is now championing blockchain innovation. In its latest move, chairman Paul Atkins unveiled “Project Crypto”, which aims to create clear regulatory frameworks that support crypto’s innovative potential. However, some have questioned whether the SEC’s renewed approach may be a little too hands-off, which could create more chaos than calm. That’s why today, we’ll…
Cardano Retests Key Level As SEC Delays ETFs – Rally Brewing?
As the decision on Grayscale’s spot Cardano (ADA) Exchange-Traded Fund (ETF) has been delayed, the altcoin is retesting a key area. Some analysts have suggested that a massive rally is brewing after the price bounced from the range lows. Related Reading Cardano Drops As Spot ETF Gets Delayed On Tuesday, Cardano started to recover from its start-of-week correction after bouncing from a crucial area. The cryptocurrency has been trading within the $0.84-$0.96 price range since its breakout in early August, reaching a five-month high of $1.02 on August 14. During…
Canary Capital Seeks SEC Approval for TRUMP Meme Coin Exchange-Traded Fund
Canary Capital Group Inc. has filed with U.S. securities regulators to launch an exchange-traded fund (ETF) tracking the price of the official Trump-themed meme coin, TRUMP. Canary Is Shooting for a TRUMP ETF The proposed Canary Trump Coin ETF was detailed in an S-1 registration statement filed with the Securities and Exchange Commission (SEC) on […] Source
Bitwise Submits S-1 Filing to US SEC for Spot Chainlink ETF
Key Notes Bitwise’s Chainlink ETF will be structured as a Delaware statutory trust with NAV linked to the CME CF Chainlink–Dollar Reference Rate. Shares will be created and redeemed in blocks of 10,000 via a “Trust-Directed Trade” system, allowing transactions in LINK or USD. The ETF filing has driven increased whale activity and trading volumes, fueling bullish sentiment for LINK. In the latest development, Bitwise Asset Management has submitted an S-1 filing to the US Securities and Exchange Commission (SEC) to launch a spot Chainlink LINK $24.17 24h volatility: 1.6%…
Pro-XRP Lawyer Blasts SEC Lead Counsel In Ripple Case Following Conclusion
Pro-XRP lawyer Bill Morgan has called out Jorge Tenreiro, who was the lead counsel in the Ripple case. This follows the conclusion of the long-running legal battle between the crypto firm and the U.S. SEC. XRP Lawyer Calls Out Counsel In Ripple Case In an X post, Bill Morgan revealed that the lead counsel for the SEC in the Ripple case is now a partner at a major law firm. The pro-XRP lawyer further stated that Tenreiro’s profile refers to some of his courtroom successes in crypto enforcement. However, he…
Canary Capital Files “American-Made” Crypto ETF Amid SEC Delays
US digital asset investment firm Canary Capital Group has filed with the Securities and Exchange Commission (SEC) to launch the Canary American-Made Crypto ETF (MRCA). According to a Friday filing, the proposed fund would track an index of cryptocurrencies created, mined or primarily operated in the United States, with shares slated to trade on Cboe BZX under the ticker MRCA. The trust also plans to stake its proof-of-stake holdings through third-party providers, adding rewards to its net asset value. The Made-in-America Blockchain Index will admit only assets that meet strict…
Ripple (XRP) Price Forecast: Short Sellers Bet $1.2 Billion Against XRP after Final SEC Settlement Confirmation
Key Notes XRP price rallied above $3.50 on Fed rate-cut hints but retreated to $3.02 on Sunday Aug 24, after missing the $3.84 target. Ripple and SEC officially settle, ending appeals and affirming XRP is not a security for secondary trades. Coinglass data shows $1.16 billion in XRP shorts vs $519 million longs, signaling heightened bearish pressure. Ripple (XRP) price closed strongly last week, rallying to $3.50 for the first time since 2021. Two factors drove the upside momentum. First, US Fed Chair Jerome Powell hinted at rate cuts in…