Bitcoin (BTC), Ether (ETH) in Stasis as SEC ETF Decision Looms, Nvidia (NVDA) Hits Record High

“The SEC should approve U.S.-listed ETH ETFs today. Hours before the Bitcoin ETF approval, SEC Gensler tweeted that crypto investors should consider all potential risks before making any investment. Today, a tweet could come around 9 a.m. ET. and would provide more clarity on whether approval would be imminent,” Markus Thielen, founder of 10x Research, said in a note to clients. Original

Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol

Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against the classification of its activities as operating an exchange or broker. Uniswap Responds to SEC […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Ether ETF Approval Imminent? SEC Asks 3 Exchanges to Amend Filings: Report

The expectation for the approval of an Ether exchange-traded fund (ETF) is heightened as the Securities and Exchange Commission (SEC) asked Nasdaq, CBOE, and NYSE to amend their applications for the crypto instrument by the end of Tuesday, Reuters reported. Bringing Enthusiasm among Crypto Investors Although there is no official confirmation, the regulator’s reported approach to the exchange has sparked enthusiasm in the crypto markets, as the dollar value of Ether has jumped significantly in the past couple of days. Ether ETF hopes are revived on flurry of application updates…

Peter Schiff Anticipates Outflows From Bitcoin ETFs to Ethereum ETFs Following SEC Approval

Economist and gold bug Peter Schiff has cautioned that the approval of spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could negatively impact spot bitcoin ETFs and bitcoin. Speculation is high that the SEC will approve spot ether ETFs this week, as the securities watchdog faces two impending deadlines. Peter […] Original

Galaxy Digital’s Thorn says SEC could label staked ETH as security in ETF plans

Galaxy Digital’s Alex Thorn suggests that the SEC might classify staked Ethereum as a security in a bid to find a loop to approve spot Ethereum ETF. The U.S. Securities and Exchange Commission (SEC) might make an eyebrow-raising turn regarding the approval of spot Ethereum exchange-traded funds (ETFs), according to Galaxy Digital head of research Alex Thorn. if the speculation about a 180 from SEC on the ethereum ETFs is true, i would guess they try to thread a needle between “ETH” NOT being a security and “staked ETH” (or…

Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs

The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether exchange-traded funds (ETFs). Market Buzz Lifts Ethereum to $3,691 On Monday, ethereum (ETH) reached an intraday peak of $3,691 per […] Source BitcoincryptoexchangeExchanges CryptoX Portal

SEC targets Ripple’s stablecoin; What to expect from Bitcoin & this new AI altcoin in May?

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple, known for its XRP token, is back in the headlines, but this time, it’s about their upcoming stablecoin launch.  Yep, you heard right. Ripple’s planning to drop its own stablecoin later this year, but it looks like they’ve caught the watchful eye of the SEC. Brad Garlinghouse, Ripple’s CEO, isn’t shy about calling out what he sees as the U.S. government’s overreach, especially concerning Tether, the giant in…