Ripple vs. SEC: XRP Price Set to Soar 45% Ahead of Hinman Docs
The price of XRP rose 2.2% to $0.5281 in response to the news that the Hinman documents would be disclosed on Tuesday. XRP, the token that powers one of crypto’s leading cross-border payments networks, Ripple, is up more than 2.2% on Tuesday in anticipation of the Hinman documents’ release. The documents comprising the speech by […]
Binance.US Pursues Revoking US SEC’s Request Over Its Funds
Binance.US has asked a federal judge to reject the SEC’s request to freeze its assets, contending that doing so will cease its operations. Binance, during a legal battle with the regulator, the US has urged a federal magistrate to deny the US SEC’s request to freeze assets on the cryptocurrency exchange. There are reports that […]
Price of Ethereum Signals Strong Buy
Ethereum began the week by consolidating losses from the previous week, which was marred by the US SEC’s enforcement. Gary Gensler, chairman of the Securities and Exchange Commission, states in a video extensively shared on social media that the two most prominent cryptocurrencies, Ethereum (ETH) and Bitcoin (BTC), are not securities. Even though the video […]
SEC Chairman Gary Gensler reiterate stance on crypto regulation
Gary Gensler, reaffirmed his stance on crypto market regulation amid news of lawsuits against Coinbase and Binance. Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), reiterated his stance on crypto regulation in the aftermath of recent lawsuits filed against Coinbase and Binance. Before the Piper Sandler Global Exchange and Fintech Conference, he […]
US Congressman Introduces Bill to Fire SEC Chairman
Ohio Congressman introduced the SEC Stability Act, which aims to restructure the agency and remove Chairman Gary Gensler from his position. Monday, US Representative Warren Davidson announced the filing of the SEC Stabilization Act to restructure the regulatory agency and oust Chairman Gary Gensler. The measure, which aims to streamline U.S. capital markets, is introduced […]