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Ether (ETH) Surges 17%, Polymarket Approval Chances Rocket, as ETF Makes Regulatory Progress
21.5.2024
The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed
Nigeria’s SEC-Crypto License
21.5.2024
In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity, safeguard investors, and deter...
Democrat House Leadership Says Crypto Bill Vote Won't Be Whipped
21.5.2024
Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote
Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs
21.5.2024
The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether exchange-traded funds (ETFs). Market Buzz Lifts Ethereum...
Ethereum price soars on spot ETF rumor — How are ETH options markets positioned?
21.5.2024
Ethereum price soared to a 2-month high at $3,700 today as analysts significantly boosted their expectation that a spot ETH ETF could be approved
Crypto Experts Invest in New Solana Meme Coin as Crypto Markets Rally – Time to Buy?
20.5.2024
Crypto experts are flocking to invest funds in an exciting new Solana meme coin Sealana (SEAL) as the crypto market rally accelerates on Monday in wake of rising hopes for the SEC to approve spot Ethereum ETFs this week.
The post Crypto Experts Invest in New Solana Meme Coin as Crypto Markets Rally...
Analysts Boost Odds for Ethereum ETF Approval to 75% Amid SEC Chatter
20.5.2024
On May 20, 2024, Bloomberg Intelligence exchange-traded fund (ETF) senior analyst Eric Balchunas informed his 274,000 X followers that he and his colleague James Seyffart had increased their expectations for the approval of a spot-based ethereum ETF. “Update: [James Seyffart] and I...
Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources
20.5.2024
SEC rumored to be reconsidering spot Ether ETF denial, say analysts
20.5.2024
ETF analysts James Seyffart and Eric Balchunas said they had increased their odds of the SEC approving a spot Ether exchange-traded fund from 25% to 75%
Will SEC Approve Ethereum ETFs? Ether (ETH) Price Explodes Higher Amid Rumors of SEC U-Turn
20.5.2024
The Ether (ETH) price exploded higher on Monday as traders bet that the SEC will approve Ethereum ETFs as soon as this week following the emergence of rumors of a major SEC u-turn.
The post Will SEC Approve Ethereum ETFs? Ether (ETH) Price Explodes Higher Amid Rumors of SEC U-Turn appeared first...
US Senate overturns SEC’s anti-crypto resolution, but will Biden veto? Law Decoded
20.5.2024
The U.S. president remains the last barrier to recalling the problematic anti-crypto resolution by the SEC
Best Crypto to Buy Now May 20 – Fantom, Injective, Sui
20.5.2024
As cryptocurrency markets push higher on Monday, with Bitcoin (BTC) surpassing $68,000 as traders look ahead of this week’s Fed meeting minutes release, Nvidia earnings and the SEC’s decision on spot Ethereum ETFs, investors are hunting for the best crypto to buy now that might hand them quick...
Blockchain Association Sends Letter To Reps. Mike Johnson And Hakeem Jeffries Urging FIT21 House Vote
20.5.2024
The Blockchain Association is urging a full House floor vote of the Financial Innovation and Technology for the 21st Century Act (FIT21), a Monday letter from the crypto advocacy group to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries reveals. News of the letter comes on the heels...
SEC may approve Spot Ethereum ETF’s 19b-4 first, delaying S-1
20.5.2024
Two sides of the Spot Ethereum ETF have emerged now, and it is crucial for the US Securities & Exchange Commission to consider both for approval. Only then will the status of the said ETF become clear. The first side pertains to 19b-4, the approval of which enables exchange platforms to list...
SEC and Ripple face off impending, impacting XRP demand
20.5.2024
XRP appears to be suffering from investors’ growing apprehensions about the legal dispute between Ripple and the SEC. Over the weekend, XRP declined 2.1%. After declining 0.46% on Saturday, XRP closed the week up 1.98% to $0.5092. In the first quarter of 2024, investors negated news of a...
Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?
20.5.2024
It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week
US Congress Passes First Standalone Crypto Legislation
19.5.2024
The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange Commission (SEC)’s SAB 121 rules regarding crypto assets. However, President Joe Biden has threatened to veto this decision, citing concerns about...
If SEC approves Ether ETF, many ‘will be caught severely offside'
18.5.2024
Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.”
Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’
18.5.2024
Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter sent to the SEC, the organization states that approving these spot ether ETPs would...
Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’
18.5.2024
Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter sent to the SEC, the organization states that approving these spot ether ETPs would...