Ripple Sends New Letter To The SEC: What It Could Mean For XRP
Ripple has sent a new market-structure letter to the SEC’s Crypto Task Force, urging the agency to draw a hard line between a securities offering and the underlying token that may later trade in secondary markets, a framing that could matter for how XRP (post SEC lawsuit) and other...
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Bitcoin and ether traders bet on calmer times
Bitcoin and ether traders are betting on low volatility and reduced near-term risks despite resilient dollar index and tepid demand for spot ETFs....
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XRP rises 1% as traders look for the next breakout catalyst
Traders are focused on short-term levels, with resistance near $2.10 and support around $2.04....
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SEC Chair: ‘Big Week For Crypto’ As Congress Eyes Market Structure Vote
“This is a big week for crypto – Congress is on the cusp of upgrading our financial markets for the 21st century,” said Atkins on Fox Business on Monday. The market structure bill “fits in with the President’s focus on making America the crypto capital of the world, so...
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Traders sell Ether, Solana, XRP rallies; Monero tops $640
Analysts suggest macroeconomic conditions and stabilizing prices could support crypto markets in the medium term, with bitcoin potentially reaching $120,000 if sentiment improves....
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BitGo Targets Nearly $2 Billion Valuation As It Prepares For IPO In The US
Crypto custody firm BitGo announced on Monday that it aims for a valuation of up to $1.96 billion in its upcoming initial public offering (IPO) in the United States, amid major interest by these firms to trade in public markets. As reported by Reuters, the crypto company plans to...
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Cynthia Lummis Introduces Bill To Safeguard Crypto Developers From Money Transmitter Rules, Argues Against Penalties ‘Simply Because They Write Code’
Sen. Cynthia Lummis (R-Wyo.) and Sen. Ron Wyden (D-OR) put forth a bipartisan bill on Monday with the intent to shield blockchain developers from being categorized as money transmitters under federal law. ‘Stop Treating Software Developers Like Banks’ The Blockchain Regulatory Certainty Act aims to exempt “non-controlling” software developers and infrastructure providers from federal money transfer requirements. Non-controlling...
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Former ‘bitcoin mayor’ Eric Adams faces $3 million rugpull allegation after issuing NYC Token
On-chain data revealed that a wallet linked to the token’s deployer removed $2.5 million in liquidity, prompting accusations of a possible rug pull....
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Lighter price drops 20% as breakdown below $2.30 confirms trend reversal
Lighter price slid sharply after breaking a key support level below, extending its post-launch sell-off and keeping short-term pressure firmly in place. At press time, LIT was trading at $2.07, down 20% over the past 24 hours. The token has…...
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Coinbase Pushes Back as US Crypto Bill Nears Senate Vote
Coinbase has stepped up its lobbying in Washington as a major US crypto bill moves closer to review in the Senate. The company’s stock, COIN, remained steady around $240 as investors tried to gauge how new rules could affect its business. All of this is happening while the US...
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