The U.S. Securities and Exchange Commission (SEC) has delayed its decision on rule changes that would allow for the trading of proposed exchange-traded funds (ETFs) tracking XRP and Dogecoin, two of the world’s largest cryptocurrencies by market cap. The decision affects filings by 21Shares, which proposed an XRP ETF, and
New York City’s Mayor Eric Adams has doubled down on his pro-crypto stance, announcing the creation of a new Digital Assets Advisory Council aimed at transforming New York into the world’s “crypto capital.” The announcement at the NYC Crypto Summit on May 20 signals the city’s intent to lead in
Robinhood has filed a proposal with the U.S. Securities and Exchange Commission (SEC), seeking a unified federal framework for trading tokenized real-world assets (RWAs). The proposal marks a pivotal moment in bridging traditional finance with blockchain innovation. The core of Robinhood’s plan is legal clarity. Instead of pushing new technology
Forbes contributor Zennon Kapron has identified four critical factors that could shape XRP’s price trajectory throughout 2025, with regulation leading the list of potential catalysts. According to the analysis, XRP’s price potential remains connected to the settlement of Ripple’s legal battles with the U.S. Securities and Exchange Commission. The regulatory
Maker (MKR) trades at $1,702.22, registering a modest 0.22% daily gain. The token reached an intraday high of $1,796.85. Meanwhile, the global crypto market cap surged by 0.71%, crossing $3.35 trillion. MKR holds the 59th spot in the rankings, with a market capitalization of $1.44 billion and an FDV of
Pi Network has faced a steep 30% decline over the past week, bringing its price to $0.74 and marking a troubling period for the altcoin. This sharp downturn has made it increasingly difficult for Pi Network to recover from losses sustained in March, with technical and correlation data suggesting further
India is popular for its stringent stance on cryptocurrencies. Government officials have multiple times mentioned cryptocurrencies during Union budgets and imposed hefty taxes. However, the country has a huge number of crypto investors and developers, who contribute to its ecosystem. The Supreme Court of India is involved in the matter
Bitcoin developer Ben Allen has been awarded a $100,000 grant by investment firm Maelstrom to support the continued development of Payjoin, a privacy-enhancing transaction tool designed to make Bitcoin (BTC) usage more secure and efficient. Announced on May 20, the grant will allow Allen and developer Dan Gould to accelerate
Binance has formally requested the dismissal of a $1.76 billion lawsuit filed by the FTX bankruptcy estate, calling the case legally flawed and an attempt to deflect responsibility from FTX’s internal mismanagement and fraud. Filed in Delaware court, Binance’s motion argues that the now-defunct exchange is wrongly attributing its collapse
Festo Ivaibi, the founder of a pivotal educational hub for Africans, Mitroplus Labs, has become a crypto figure to lost his capital to criminal gangs and has been abducted. The gang demanded a capital worth $500,000 with access to the crypto wallet of the founder. They posed as Ugandan security
