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Showing posts with the label sec

ChatGPT Predicts Dogecoin Price Once DOGE ETF Debuts US Markets

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The ETFs are the newest product offerings to embrace the cryptocurrency domain. While the traditional trading arena is filled with ETFs as tools of capable and dependable investment, the crypto ETFs are a novel innovation, bridging the traditional elements of finance with the rising cryptocurrency domain. The US SEC has received multiple new requests for companies to file leading crypto coin ETFs, be it of Bitcoin, Ethereum, or Solana. In a new development, Dogecoin (DOGE) ETFs, coupled with Bonk and TRUMP, are also making their way into the markets, fueling investors’ excitement. However, the investor sentiment is pretty excited for a DOGE ETF, wondering how high the Dogecoin price will soar once its ETF debuts in the US markets. Also Read: Trump Opens Saudi Checkbook: 13 U.S. Stocks at Center of $600B Deal Doge ETF Acknowledged By The US SEC Source: Watcher Guru The US Securities and Exchange Commission has finally acknowledged the Nasdaq’s filing to list the 21Shares Dogecoin E...

SUI soars 8% as 21 Shares files spot ETF

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Summary ⚈ Sui (SUI) surged 8.36% after 21Shares filed for a spot ETF. ⚈ The token is up over 16% in the past week amid market optimism. ⚈ 21Shares also partnered with Sui to boost global institutional access. Sui (SUI), the native token of the Sui layer-1 blockchain, experienced a dramatic rally on May 1, surging 8.36% to its press time price of $3.70.  The latest move reinforced the already positive weekly performance, which ensured that the eleventh-largest cryptocurrency by market cap is up 16.32% over the last seven days of trading. While the upsurge coincided with the broader market rally that saw, for example, Bitcoin (BTC) hit $96,000 for the first time since the February correction, it can be directly linked to 21Shares’ latest filing with the Securities and Exchange Commission (SEC). SUI one-day price chart. Source: Finbold Why Sui is up today Specifically, the company specializing in cryptocurrency-based exchange-traded products (ETPs) ...

XRP whale just moved over $60m amid ETF hype

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XRP has recorded a notable large transaction after an unidentified whale moved 29.5 million tokens, worth approximately $63.8 million, to cryptocurrency exchange Coinbase. On-chain analysts often interpret such large transfers to exchanges as a bearish signal since they typically suggest the holder may be preparing to sell. Large inflows to centralized exchanges can increase short-term selling pressure, which may negatively impact prices.  The April 15 transaction comes amid growing hype around a potential spot XRP exchange-traded fund (ETF) approval.  XRP whale transfer to Coinbase. Source: Whale Alert XRP ETF hype Data indicates that XRP has taken the lead in the race for a spot cryptocurrency ETF. The token currently has at least 10 active ETF filings, more than any other altcoin, including Solana, Litecoin, and Dogecoin. Among the names of XRP ETF applications are Bitwise, ProShares, Grayscale, WisdomTree, Franklin Templeton, and Hashdex. ...

Saylor’s “Strategy” May Bid Farewell To Its Bitcoin (BTC) If This Happens

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The rumor mills are running high in the current cryptocurrency market, compelling investors to think twice and thrice about their recent market explorations. In a recent new rumor spree, Michael Saylor, former CEO of MicroStrategy, recently rebranded as “Strategy,” might be forced to sell its Bitcoin if BTC’s price continues to plunge, per the latest 8-K form filing filed by the firm with the SEC on April 7. Also Read: China’s Central Bank Asks State-owned Banks to Reduce US Dollar Purchases Is Michael Saylor Ditching Bitcoin? Source: Watcher Guru Michael Saylor, former CEO of MicroStrategy, popularly known as Strategy, might be bailing away from Bitcoin. A new rumor suggests that Saylor has filed a new 8-K form with the US SEC, stating that the firm may be obliged to sell its Bitcoin if it continues to fall or plunge in the near future. At the same time, the clause is dubbed a standard risk procedure and may come into effect if BTC plunges below normal price thresholds. “The rumor has...

Justin Sun Stakes $100,000,000 Worth of Ethereum Amid Calls for ‘Tron Meme Season’

Tron (TRX) founder Justin Sun has staked $100 million worth of Ethereum (ETH), according to the blockchain analytics platform Arkham. Arkham notes that Sun’s staked ETH will yield $3 million worth of Ethereum per year in passive income. In addition to staking ETH, Sun also teased that Tron’s native asset, TRX, would soon be available on the Ethereum competitor Solana (SOL). Sun, a polarizing figure in the crypto community, says it is currently “Tron meme szn [season].” He also notes that the issuance of top stablecoin USDT on Tron recently reached a new all-time high of $64.7 billion. The U.S. Securities and Exchange Commission (SEC) recently paused its civil case against Sun. According to recent court filings, the Tron founder and the regulatory agency jointly asked United States District Judge Edgardo Ramos if they could “move to stay [the] case to allow the parties to explore a potential resolution.” Ramos granted the application a day ...

Here’s all crypto cases SEC has dropped in February; is Ripple one of them?

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One of the many hopes for the new Trump administration, the end to the supposed war against the cryptocurrency industry, started bearing fruit in February 2025. Specifically, the U.S. Securities and Exchange Commission (SEC) began dropping multiple long-standing and high-profile cases against various digital assets companies.  The first of these wins came for the world’s largest publicly traded cryptocurrency exchange, Coinbase (NASDAQ: COIN). Though the decision remains subject to Commissioner approval, it would appear that the company is confident the matter has been resolved. Picks for you 'Rich Dad' Robert Kiyosaki: 'Bitcoin is on sale, I am buying' 46 mins ago Cronos introduces new prepaid card withdrawal Featu...

Could XRP make you a millionaire?

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After years of turmoil driven primarily by the pressure from the legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), things started looking up once XRP gained legal clarity that it was not a security. Though the ruling didn’t completely prevent the SEC from pursuing an unregistered securities claim, the positive developments started gaining momentum in November 2024 as Donald Trump was re-elected president of the United States and Gary Gensler confirmed he would resign as Chair of the regulatory agency. The developments fueled significant optimism about XRP’s future and again made investors hopeful that their positions in the token might make them millionaires. Picks for you A small city in Romania could ‘soon’ adopt cryptocurrency, as hinted on X 21 mins ago ...

Ripple: AI Predicts XRP’s Price If Trump Builds A Bitcoin Reserve 

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The US presidential elections have been a trending highlight of 2024. Now that Donald Trump is all set to assume his presidential duties on January 20th, the internet cannot help but speculate whether his pro-crypto ambitions will materialize per his promises, followed by the coveted Bitcoin reserve becoming a reality. If a Bitcoin reserve is officially announced, here’s how high Ripple (XRP) may rise, per sophisticated AI mechanisms. Also Read: What Is Anti De-Dollarization: Support For US Dollar Grows In 2025 Will Bitcoin Reserve Become A Reality Soon? Source: Watcher Guru Donald Trump has long been mulling over launching a Bitcoin reserve. The topic has been a key highlight for Trump to ponder on and is capable of revolutionizing the crypto sector in a whole new way. In the meantime, Ripple is also leaving no stone unturned to revamp its work proceedings by launching RLUSD and, at the same time, having high hopes for the new regime that is set to assume duties from January 20th...

SEC Approves $300M Hybrid Bitcoin-Ethereum ETFs from Hashdex & Franklin Templeton

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The first hybrid Bitcoin-Ethereum ETFs got SEC approval on December 19, 2024. The Securities and Exchange Commission cleared two new funds that combine both cryptocurrencies: Hashdex’s Nasdaq Crypto Index US ETF and Franklin Templeton’s Crypto Index ETF. Senior Bloomberg ETF analyst Eric Balchunas stated, “They’re market cap weight so 80/20 BTC/ETH approx. Notable that Hashdex & Frankie are first. Good for them.” The spot bitcoin/ether combo ETFs have been approved by SEC (as predicted). Launch likely in January. They’re mkt cap weight so 80/20 btc/eth approx. Notable that Hashdex & Frankie are first. Good for them. https://t.co/o2ri3XpqZi — Eric Balchunas (@EricBalchunas) December 20, 2024 Also Read: Cardano Price Prediction For The End Of 2024: Can ADA Breach $1.5? How SEC-Approved Bitcoin-Ethereum ETFs Address Market Volatility & Security Risks Source: Watcher Guru Regulatory Framework and Security Measures Source: Coinglass The SEC spent six months revi...

Ripple Price Prediction Post US Elections: How High Will XRP Rise Now?

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The US elections have finally ended, with Donald Trump emerging as the ultimate winner. Trump has already shared his pro-crypto stance with the world, which is set to play a pivotal role in determining the future pace of the cryptocurrency market. Now that Trump has assumed his presidency, here’s how high Ripple (XRP) can spike as Bitcoin soars remarkably to sit at a $74K price pedestal. Also Read: Congress Welcomes Over 250 Pro-Crypto Candidates Post Election Ripple CEO Urges Trump To Fire US SEC Chairman Source – CryptoRank Brad Garlinghouse, CEO of Ripple, took to X to share a congratulatory post for Donald Trump. Garlinghouse shared a 100-day checklist for Trump to work on, urging the US president to fire US SEC chair Gary Gensler on day one without further delays. He later suggested three names that he would prefer to lead SEC soon, notably selecting Giancarlo and Brooks of Gallagher as potential candidates suitable for the role. “@realDonaldTrump, Congratulations! Some...

Michael Saylor Says SEC Will Classify Ether As Security, Deny Spot ETFs

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MicroStrategy executive chair Michael Saylor believes that the SEC will classify Ethereum ETHER as a security, but deny Spot Ethereum ETF applications. Saylor spoke at MicroStrategy’s Bitcoin For Corporations conference on May 1 where the topic came up. He believes the SEC will label ETH as a crypto asset security under its regulatory purview and not a commodity under the U.S. Commodity Futures Trading Commission. Furthermore, Saylor speculated that the SEC may consider Ether , BNB, SOL, XRP, and ADA unregistered crypto asset sec urities. “None of [these tokens] will ever be wrapped by a spot ETF, none of them will be accepted by Wall Street, none of them will be accepted by mainstream institutional investors as crypto assets,” said Saylor. Also Read: Ripple (XRP) Reversal is Paving the Way to $2 in 2024 The SEC’s decision on Ether ETFs and Ether being a security has been a topic of debate for some time. Following the decision to not label Ripple’s XRP as a s...

Robinhood opens all 11 spot Bitcoin ETFs for trading

Online broker Robinhood has added all 11 spot Bitcoin (BTC) ETFs approved by U.S. Securities and Exchange Commission (SEC). According to the company, all approved exchange-traded funds are now available for trading on the platform. Excited about the Bitcoin ETF news? All 11 are now available on Robinhood: https://t.co/hDdECIUz70 And when you transfer your brokerage account into Robinhood you get a 1% bonus on us: https://t.co/2mExIfm5T9. Terms apply. pic.twitter.com/bZ6TbAzNhN — Robinhood (@RobinhoodApp) January 12, 2024 As another benefit, the platform offers a 1% bonus when users transfer their brokerage account into Robinhood. Before this, the company’s CEO, Vlad Tenev, noted that Robinhood would list all 11 spot Bitcoin ETFs “as soon as possible.” This solution facilitates the integration of crypto assets into TradFi. Also, according to Tenev, spot Bitcoin ETFs provide new opportunities to create sophisticated risk management tools that benefit investors. Representati...

SEC Has No More Feedback on Bitcoin ETFs, Approval on the Way?

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The SEC reportedly has no more feedback for pending Spot Bitcoin ETF applicants, and is requesting for all final paperwork to be submitted this week. This coincides with earlier reports that the commission could vote on approving or denying Bitcoin ETF applications next week. JUST IN: #Bitcoin ETF applicants clear key hurdle on path to SEC sign-off, Bloomberg reports. — Watcher.Guru (@WatcherGuru) January 5, 2024 Securities and Exchange Commission staff told several exchanges and issuers seeking to list the ETFs that they should submit a final version of a key document as soon as Friday, according to four people familiar with the matter. According to a Bloomberg report, the sources say that staff had no additional feedback on the paperwork for several of the firms after the latest amendments. Potential Bitcoin ETF issuers including Grayscale and Fidelity have all submitted their 19b-4 documents in the past week. In the latest update, the SEC appears to not need much e...

Greekslive: Spot Bitcoin ETF approval unlikely until 2nd week of January

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Options trading analysts pointed to Jan. 10 and beyond as the timeline for an SEC decision on spot Bitcoin ETFs amid bearish speculation that all applications may be rejected. Greekslive noted that a U.S. Securities and Exchange Commission (SEC) stand on spot Bitcoin (BTC) ETFs was unlikely to arrive before Jan. 7, citing stock price actions from crypto mining operations and digital asset-related companies in America.  Current month puts are now cheaper, and block trades are starting to see active put buying, with options market data suggesting that institutional investors are not very bullish on the ETF market. Greekslive on X The likelihood of the ETF's passage became less and less likely, and the market saw a stalemate. Weakness in crypto mining stocks, and the sell-off in several crypto-related U.S. stocks, also reinforced the market's skepticism. ATM option IV plummeted to 52% for the week and… pic.twitter.com/orjr1Wcwwf — Greeks.live (@GreeksLive) January 3, 2...

SEC delays decision on ARK Invest Bitcoin ETF

The SEC has delayed its decision on the ARK 21Shares Bitcoin ETF decision to early 2024. Also delayed is the Global X Bitcoin Trust application. Analysts expect the regulator to delay other proposals amid the likelihood of a US government shutdown. The Securities and Exchange Commission ( SEC ) has yet again delay ed a decision on the ARK 21Shares Bitcoin ETF application, pushing this to early 2024. The SEC also delay ed the Global X Bitcoin Trust application to November 21. News of the delays has elicited various reactions from the crypto industry, with many observing that the regulator will now likely delay all the other applications to next year. Bloomberg ETF analyst James Seyffart shared news of the SEC’s decision on X. UPDATE: Wow. The SEC just came out SUPER early and delay ed the @ARKInvest / @21Shares # Bitcoin ETF filing. This thing wasn't due for a decision until Nov 11. Also delaying the @GlobalXETFs application which was due Oct 7...