Ongoing legal battles involving Ripple and Coinbase may provide crucial clarity on whether cryptocurrencies should be deemed securities under the Howey test, according to crypto lawyer John Deaton. The outcomes could have profound impacts on SEC regulation. Deaton argues that no case in the past 80 years has found a
Inflows of $66 million have been reported in crypto investment products for the fourth consecutive week, as hopes build that the United States SEC would approve a spot Bitcoin ETF. This recent infusion brings the total amount of funds in crypto investment products to $33 billion. Many cryptocurrencies have lately
In court documents presented on Thursday, it was revealed that FTX had approached BlackRock and Google about investing in the company when Sam Bankman-Fried’s (SBFs) cryptocurrency exchange was on the brink of collapse. Can Sun, FTX’s former general counsel, testified in federal court, where federal prosecutors presented a spreadsheet kept
Multiple politicians have thrown their support behind 62-year-old Republican Representative Tom Emmer’s bid for the position of House Speaker. Emmer has previously expressed support for cryptocurrencies. After the first round of voting on October 17, Representative Patrick McHenry has continued to serve in the role on an interim basis. Speaker
Ethereum, the second-largest cryptocurrency by market capitalization, is currently facing bearish pressure in the midst of a positive market turnaround. The previous week was a pivotal one in the crypto world, leading to the global market surging by four percent and Bitcoin touching the $30,000 mark. Notably, Ripple’s CEO, Brad
LBRY, the company behind the LBRY blockchain, has announced its closure to the cryptocurrency world, claiming “several million dollars” in obligations as the reason. A message from the LBRY team, titled “This will be our last post,” was published on the video-sharing platform Odysee (which is powered by LBRY) on
The crypto market has faced a challenging year so far, with bearish trends dominating the charts. Enthusiasts and traders awaited an overall green chart in the market, and today marked an eventful shift as the bulls took control, pushing Bitcoin to the $30,000 mark and ushering in double-digit surges for
Bitcoin’s rise over $29k has given altcoins substantial optimistic traction, allowing them to quickly regain lost ground. The SOL price makes a strong increase over the key $25 resistance level, signaling the start of a breakout rally amid the general market upswing. Solana (SOL) soared early Friday morning, breaking above
Ripple’s CEO Brad Garlinghouse and Executive Chairman Chris Larsen were acquitted of all allegations in a historic move by the U.S. SEC. After almost three years under intense regulatory scrutiny, this is a huge win for Ripple. The crypto market is experiencing a surge post the announcement of this update
Today’s Decision Is Another Victory For Ripple After Three Years Of Misguided SEC Scrutiny SAN FRANCISCO–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, announced today that CEO Brad Garlinghouse and Executive Chairman Chris Larsen were cleared of all claims brought against them by the U.S. Securities and Exchange
