Tag: “Crypto”

Grayscale Presses SEC To Approve Bitcoin ETF

Grayscale Investments won in court, and now it wants the Securities and Exchange Commission to move quickly to let it convert the Grayscale Bitcoin Trust +0.38%  into an exchange-traded fund.

A spot bitcoin ETF is much closer to reality, but investors aren’t quite there yet

The U.S. Court of Appeals for the D.C. Circuit sided with Grayscale in a lawsuit against the SEC, greatly improving the chances that a bitcoin exchange traded fund will be approved. The SEC had earlier denied Grayscale’s application to convert its Grayscale Bitcoin Trust to an ETF.

Ripple says U.S. banks will want to use XRP cryptocurrency after partial victory in SEC fight

Ripple is confident that U.S. banks will start wanting to use XRP for cross-border transactions after a judge gave the firm a partial victory in its fight against the SEC, General Counsel Stu Alderoty told CNBC.

Dogecoin, Solana, and Other Cryptos Soar After Ripple Court Ruling.

Bitcoin BTCUSD –0.68% was gaining Friday, but smaller cryptocurrencies stole the show after a federal judge delivered token issuer Ripple a partial win in a case against the Securities and Exchange Commission with broad implications for crypto.

Bitcoin Jumps to $28,000 on Boost From BlackRock ETF Filing

Bitcoin climbed beyond $28,000 for the first time this month on the tailwind from BlackRock Inc.’s application to start a US exchange-traded fund.

Bitcoin drops below $25,000, Tether’s stablecoin falls under its dollar peg

Cryptocurrency prices fell after the Federal Reserve’s June meeting, with bitcoin falling below $25,000 for the first time since March.

Oil giant Shell’s UK ad campaign banned for being ‘likely to mislead’ consumers

Britain’s advertising regulator has banned an ad campaign promoting the green initiatives of Shell, saying the marketing of the oil giant’s lower emissions energy products was “likely to mislead” consumers.

Cathie Wood’s ARK Buys the Coinbase Stock Dip

High-growth investor Cathie Wood is increasing her fund’s stake in Coinbase COIN after the crypto exchange was sued by the Securities and Exchange Commission this week.

SEC sues Coinbase over exchange and staking programs, stock drops 15% premarket

The Securities and Exchange Commission sued crypto exchange Coinbase in New York federal court on Tuesday morning, alleging that the company was acting as an unregistered broker and exchange and demanding that the company be “permanently restrained and enjoined” from continuing to do so.

SEC sues Binance and CEO Changpeng Zhao for U.S. securities violations

The Securities and Exchange Commission filed 13 charges against Binance, the world’s largest crypto exchange, and its founder, Changpeng Zhao, alleging both comingled billions of dollars worth of user funds and sent them to a European company controlled by Zhao.

Samsung is exploring an ‘offline’ digital currency that works with Galaxy phones

Consumer tech giant Samsung is looking into launching a central bank digital currency in a collaboration with the Bank of Korea.

EU states approve world’s first comprehensive crypto rules

European Union states gave the final nod to the world’s first comprehensive set of rules to regulate crypto assets on Tuesday.