Former CFTC Chair boldly predicts the SEC will drop its Ripple lawsuit, heralding a regulatory shift that could ignite a major rally for XRP. Former CFTC Chair Bets SEC Will Drop Ripple-XRP Lawsuit Under Incoming Crypto-Friendly Admin Former U.S. Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo, known as “Crypto Dad” for his support of […] Source CryptoX Portal
24 Exchange, which began by offering FX NDFs, has entered the United States after receiving approval from the Securities and Exchange Commission (SEC) to operate a securities exchange in the country. Filling the Gap in the Market Announced yesterday (Wednesday), the newly approved platform has been named 24X National Exchange. It will enable trading of US securities for 23 hours each workday, supporting extended trading hours. The exchange’s services will be available to retail and institutional customers globally, allowing them to trade US equities through broker-dealers approved as members of…
Bitwise Asset Management has taken a bold step forward by filing to list its Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP) on NYSE Arca. This move sets the stage for what could be a transformative chapter for the well-known and diversified cryptocurrency investment vehicle. Bitwise Proposes Uplisting Crypto Index Fund to […] Source
Bitwise, one of the listed companies that issued Bitcoin spot ETF in January, has proposed the crypto mixed-based ETF to the authorities. According to the S-1 filling document on Nov 26, Bitwise Asset Management proposed the Bitcoin-Ethereum-based spot ETF to the Securities and Exchange Commission (SEC). This proposal came after their product of Bitcoin ETF options was approved for trade and was released last week. As a multi-billion Bitcoin ETF issuer, the company aims to bring balanced exposure and easier access to its customers between the two largest cryptocurrencies by market capitalization.…
The SEC’s record-breaking enforcement year revealed unprecedented financial penalties and bold action against high-risk sectors, including crypto and private funds, marking a pivotal moment for market regulation. SEC Achieves Historic $8.2B in Remedies From 583 Enforcement Actions in 2024 The U.S. Securities and Exchange Commission (SEC) announced on Friday a record-breaking year for enforcement in […] Source BitcoincryptoexchangeExchanges CryptoX Portal
The SEC’s anti-crypto grip falters as Commissioner Lizárraga and Chair Gensler exit, clearing the path for a pro-crypto revolution in U.S. markets. SEC’s Anti-Crypto Stance Wavers as Another Key Resignation Hits U.S. Securities and Exchange Commission (SEC) Commissioner Jaime Lizárraga has announced his intention to step down from the agency on Jan. 17, 2025. In […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Dan Gallagher, Robinhood Markets’ chief legal officer, has withdrawn from consideration to lead the U.S. Securities and Exchange Commission under the incoming Trump administration. Gallagher’s decision to remove himself from consideration marks a major development in the search for Gary Gensler’s successor. Gensler has announced his planned departure for Jan. 20, 2025, concluding a tenure marked by major cryptocurrency industry oversight and enforcement actions. According to Bloomberg, Gallagher wrote in an email: “I am committed to Robinhood and our millions of customers who represent the new generation of retail investors.”…
Commissioner Jaime Lizárraga is leaving January 17, he said in a Friday statement, which could give Republicans a head start on what could otherwise have been months of delay in redirecting the regulator’s policies — including on cryptocurrency. At this point, Caroline Crenshaw will be the sole Democrat on the five-member commission going into 2025, and her term has already expired, putting her into an extension that can last as long as about 18 months. Source
Este artículo también está disponible en español. Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political and market events that have increased investor trust in digital assets. Related Reading Rumors of Securities and Exchange Commission (SEC) Chair Gary Gensler’s departure, as well as Donald Trump’s prospective crypto-friendly policies, have fueled the crypto space’s excitement. Inspired by hope for a possible change in US financial policy, Bitcoin surged to $99,126 from a dismal beginning of the session.…
Bitcoin is inching closer to the $100,000 mark, though its momentum has slowed. It clinched another record on Thursday at $99,500, dipping below $99,000 heading into the U.S. open. BTC has risen 1% over the past 24 hours, while the broad-market CoinDesk 20 Index gained over 7%. Most alternative cryptocurrencies (altcoins) in the CD20 outperformed BTC, an early sign of capital rotation into smaller, riskier tokens as bitcoin’s pace stalls. The $100,000 price point poses a significant resistance level, where investors might take profits on their investments. Still, there’s a…