Search
First Mover Americas: SEC Drops Charges Against Ripple Leaders; Bitcoin and XRP Gain
20.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
SEC wins default judgment against Thor Technologies and founder
20.10.2023
Thor Technologies has been instructed to pay a sum of $903,193.06, which encompasses a disgorgement of $744,555, and prejudgment interest amounting to $158,638.06
Community reacts to SEC dropping XRP case and LBRY shutdown
20.10.2023
While celebrating a new court win in Ripple’s legal battle with the SEC, the community mourns the demise of LBRY, which some say was “regulated to oblivion.”
SEC Likely to Approve Spot Bitcoin ETF in Next Few Months: JPMorgan
20.10.2023
Approval is likely before Jan. 10, which is the final deadline for the Ark 21Shares applications, the report said
Grayscale files an appeal with SEC
20.10.2023
Grayscale Investments filed an appeal with the US Securities and Exchange Commission in the form of a registration statement on Form S-3 for listing the shares of Grayscale Bitcoin Trust (BTC). This will fall under the Securities Act of 1933. The commonly adopted practice is for issuers to file...
SEC Scores Default Win Against Thor Token Company and Founder David Chin
20.10.2023
The U.S. Securities and Exchange Commission (SEC) has been awarded a default judgement against Thor Technologies and its founder David Chin
XRP Registers Biggest Single-Day Gain in 3 Months After SEC Drops Charges Against Ripple's Leaders
20.10.2023
XRP gained 6.5%, the biggest single-day percentage rise since July 13
‘This will be our last post’ — LBRY throws in towel against the SEC
20.10.2023
“Thank you to everyone who fought with us for online freedom,” the LBRY Inc team said
Elon Musk, Mark Cuban Back Supreme Court Case Against SEC
20.10.2023
Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban have jointly filed an amicus brief backing the defendants in a Supreme Court case against the U.S. Securities and Exchange Commission (SEC). “It is important that the SEC not be permitted to pick and choose whether parties are granted...
SEC Drops Lawsuit Against Ripple Executives, All Charges Dismissed — Ripple Calls It ‘a Surrender by SEC’
20.10.2023
The U.S. Securities and Exchange Commission (SEC) has dropped all charges against Ripple’s executives, CEO Brad Garlinghouse and co-founder Chris Larsen. “The SEC made a serious mistake going after Brad & Chris personally — and now, they’ve capitulated, dismissing...
XRP Price Prediction As SEC Dismisses Lawsuits Versus Ripple Labs Execs – Can XRP Rally Back to $1?
20.10.2023
XRP (XRP), the cryptocurrency that powers the XRP Ledger launched over a decade ago by US fintech firm Ripple Lab, has jumped in the last hour following reports that the US Securities and Exchange Commission (SEC) has dropped lawsuits against two key Ripple executives.
XRP was last trading close...
SEC moves to dismiss lawsuit against Ripple's Brad Garlinghouse and Chris Larsen
19.10.2023
The civil lawsuit against the Ripple executives had been ongoing since December 2020
SEC Drops Charges Against Ripple CEO Garlinghouse, Chairman Larsen
19.10.2023
The regulator had included them as defendants in securities violation case, and the agency now says it's just pursuing Ripple for damages
Matrixport Predicts Bitcoin Surge to $56,000 if SEC Greenlights Blackrock’s Bitcoin ETF
19.10.2023
The cryptocurrency financial services platform Matrixport predicts that bitcoin prices could surge to between $42,000 and $56,000 per unit if the U.S. Securities and Exchange Commission (SEC) approves Blackrock’s spot bitcoin exchange-traded fund. Matrixport Links ETF Inflows to Possible...
Grayscale ETF Case's Final Word Coming in Federal Court as SEC Loss Formalized
19.10.2023
Grayscale Investments is waiting for a federal court tomorrow or soon after to formalize the defeat it handed the U.S. Securities and Exchange Commission (SEC) two months ago in the parties’ dispute over a spot bitcoin exchange traded fund (ETF). That federal court action will close the case...
SEC's Gensler on Bitcoin ETFs: Staff Working on Multiple Filings
19.10.2023
Securities and Exchange Commission (SEC) Chairman Gary Gensler remained tight-lipped as usual when asked about the state of spot Bitcoin ETF applications being handled by the agency on Wednesday.
In an interview with Bloomberg, Gensler declined to comment on the agency’s next steps after losing...
Grayscale and BlackRock File Updated Applications for Bitcoin Spot ETFs with the SEC
19.10.2023
Today, Grayscale Investments and BlackRock updated their applications for Bitcoin ETFs with the U.S. Securities and Exchange Commission (SEC).
These moves come amid a shifting regulatory landscape that has seen a recent court ruling favor Grayscale's previous application. The financial giants...
Grayscale Files New S-3 With SEC, Pushing to Convert Bitcoin Trust Into NYSE Spot ETF After Court Win
19.10.2023
Grayscale Investments, the leading digital asset manager by assets under management (AUM), unveiled on Thursday its latest submission to the U.S. Securities and Exchange Commission (SEC). This move seeks to list the Grayscale Bitcoin Trust (GBTC) as a spot exchange-traded fund (ETF) on NYSE Arca....
Bitcoin, Ethereum Technical Analysis: BTC Higher, as SEC’s Gensler Says Around 10 ETFs Are Being Reviewed
19.10.2023
Bitcoin edged slightly higher on Thursday, following comments from the Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler. Gensler said the commission was currently reviewing eight to ten applications from firms looking to launch a bitcoin exchange-traded-fund (ETF). Bitcoin...
Grayscale files for new spot Bitcoin ETF on NYSE Arca
19.10.2023
Grayscale filed a new registration statement with the Securities and Exchange Commission after a D.C. circuit court ruled the regulator must look again at the company's application