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Biggest Movers: SHIB Plunges to Multi-Month Low on Monday


Shiba inu started the week by dropping to its lowest point since June, as a red wave swept through cryptocurrency markets. This has pushed the global market cap 1.20% lower at the time of writing. XRP fell by as much as 5%, as Ripple’s battle with the Securities and Exchange Commission (SEC)...

SEC Greenlights Nasdaq’s First AI-Powered Order Type


The U.S. Securities and Exchange Commission (SEC) has approved a new artificial intelligence (AI)-powered order type for Nasdaq’s stock exchange. This marks the first AI order type approved for an exchange. Nasdaq says the latest technology aims to improve efficiency and performance on...

LBRY Gears Up to Contest US Securities Law Violation Ruling


In a recently filed court document, blockchain-based publishing company LBRY has signaled its intent to challenge a New Hampshire district court’s verdict. This ruling, made in November 2022, concurred with the U.S. Securities and Exchange Commission (SEC) stating that LBRY presented...

Bitcoin ETF Approval: The SEC's Regulatory Opportunity


Approving a spot Bitcoin (BTC) exchange-traded fund (ETF) is an opportunity for the US Securities and Exchange Commission (SEC) to “bring crypto into line,” a Bloomberg editorial piece has argued. Published on Wednesday, the editorial piece followed a court ruling that rejected the SEC's decision...

ARK Invest seeks SEC approval for the US Spot-Ether ETF


ARK Invest by Cathie Woods has filed an application with the US SEC and is now awaiting approval for implementing the US Spot Ether ETF. The US Securities and Exchange Commission has been rejecting applications left, right, and center when it comes to the Spot BTC ETF; however, the one with ether...

Cathie Wood's Ark 21Shares, VanEck Kick off Spot Ethereum ETF Race in U.S


ARK 21Share and investment manager VanEck have filed for the first-ever Ether (ETH) spot Exchange-Traded Fund (ETF) in the United States.  As per a recent filing with U.S Securities and Exchange Commission (SEC), ARK21Shares Ethereum ETF would track the performance of ETH by holding...

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