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SEC Delays Decisions on More Bitcoin ETFs Including That of Blackrock


U.S. Securities and Exchange Commission (SEC) has postponed its decisions on the spot bitcoin exchange-traded funds (ETFs) proposed by several companies. The delays of the applications of financial powerhouse Blackrock, asset manager Valkyrie and others come ahead of an expected government shutdown...

SEC Postpones Verdict on Ark 21shares and Global X Spot Bitcoin ETFs


The U.S. securities regulator recently announced a delay in its verdict on the Ark 21shares Bitcoin ETF. Consequently, the U.S. Securities and Exchange Commission (SEC) has marked January 10, 2024, as the decisive day to either greenlight or reject the proposed amendment. SEC Pushes Back Decision...

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...

ChatGPT Reveals When SHIB Will Hit $1, Also Gives Verdict on LPX Token


Shiba Inu (SHIB), the meme token at the heart of the Shiba Inu web3 ecosystem, could hit $1 per token within the next 5-10 years. That’s according to a new forecast from ChatGPT. If SHIB was to hit $1 in the next 5-10 years, that would represent gains in the region of 125,000x for current Shiba...

Epic vs Apple: Supreme court verdict to hurt NFTs & Web3 gaming


The US Supreme Court recently announced its verdict in the Apple vs. Epic Games suit. The verdict has massively affected Epic Games’ positioning in the market. The ruling allows Apple a chance to appeal the decision to the Supreme Court. Till then, Apple has the choice to uphold its App Store...

Decoding Ripple’s Ruling: A Potential Tsunami for the SEC


In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, specifically crypto exchanges, do not. A verdict that...

XRP’s Rise Causes Ripple of Gains in Crypto Economy


Since July 12, 2023, the cryptocurrency market has expanded by a staggering $60 billion within a mere 48 hours. The majority of this growth transpired after the decisive Ripple Labs case verdict, resulting in bitcoin’s dominance dipping from 50% to its present level of 48.6%. Ripple Labs...

US Government Presses for Independent Examiner in FTX Bankruptcy Case


Following the U.S. bankruptcy court judge’s rejection of the U.S. Trustee’s plea to designate an impartial investigator for the FTX bankruptcy case, the government is now appealing this verdict. In essence, the U.S. Trustee’s appeal has been forwarded to the U.S. Third Circuit...

Biggest Movers: XRP Surges to Strongest Point Since November


Xrp moved to its highest point since November, as markets reacted to news suggesting a verdict could be near in Ripple’s case with the Securities and Exchange Commission (SEC). Cardano was also higher on Wednesday, hitting a one-month high. XRP XRP rose to its highest point since November...

Free Talk Live Co-Host Ian Freeman Found Guilty in Federal Crypto Trial


After close to two years, following the U.S. federal government accusing the Crypto Six of unlicensed money transmission, the case is seemingly coming to an end. According to multiple reports, Keene resident and libertarian activist, Ian Freeman, the last member of the Crypto Six case to be tried...

XRP Price Prediction as Final Court Verdict Approaches – Can XRP Reach $5?


XRP price prediction remains neutral as Ripple trades within a symmetrical triangle pattern, with support at $0.4425 and resistance at $0.4845. The Securities and Exchange Commission (SEC) of the United States has requested that the deadline for filing all brief answers in support of Ripple Labs...

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