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Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, the US House Agriculture Committee approved the Digital Asset Market Clarity bill, advancing the legislation further in Congress. The Bank of Japan's June meeting could trigger a Bitcoin rally if it restarts quantitative easing, and US crypto stocks and Bitcoin rose as more companie…

SEC eyes exemption framework to boost crypto innovation

SEC eyes exemption framework to boost crypto innovation

The US securities regulator is working on an “innovation exemption” to stoke the creation of more onchain products and services, according to Securities and Exchange Commission chair Paul Atkins.Atkins, a former crypto lobbyist, said during a Monday crypto roundtable led by the SEC’s crypto task for…

How High Can Ripple’s (XRP) Price Go in H2 2025? ChatGPT Answers

How High Can Ripple’s (XRP) Price Go in H2 2025? ChatGPT Answers

TL;DRXRP to $10 in H2?Being the centerpiece of a highly vocal community, Ripple’s native token is frequently the subject ofmassive price predictionseven long before its late 2024 breakout that resulted in a surge from $0.6 to $3.4 within months. Although it has lost a lot of steam since then and has…

SEC wins $1.1M as alleged crypto conman a no-show in court

SEC wins $1.1M as alleged crypto conman a no-show in court

The US Securities and Exchange Commission has been handed a $1.1 million court victory after a man it accused of running a crypto scam failed to answer the agency’s lawsuit.A Georgia federal court judge submitted a default judgment in the SEC’s favor on June 3 in its case against Keith Crews, who fa…

Stablecoin giant Circle again boosts IPO to $1.05 billion

Stablecoin giant Circle again boosts IPO to $1.05 billion

Update (June 5, 12:50 am UTC): This article has been updated to include more information about Circles’ IPO.Stablecoin issuer Circle Internet Group, Inc. has again boosted its initial public offering to $1.05 billion, pricing its shares above its previous marketed range.The USDC stablecoin manager …

Avalanche On-chain Activity Explodes—Yet AVAX Trades Like It’s Still 2021

Avalanche On-chain Activity Explodes—Yet AVAX Trades Like It’s Still 2021

Avalanche , one of the leading layer-1 blockchain platforms, is drawing attention with its impressive monthly active wallet growth.However, despite the explosion in active addresses, AVAX’s price remains worryingly low. It has dropped over 60% since the end of 2024 and is now trading at 2021 levels.…

Eric Trump threatens legal action over unauthorized Trump-branded crypto wallet

Eric Trump threatens legal action over unauthorized Trump-branded crypto wallet

Eric Trump has threatened to legally challenge the unauthorized crypto wallet project that surfaced yesterday and claimed to be the "Official $TRUMP Wallet," The New York Times reported Tuesday, citing a series of text messages from the president’s son.“There is no deal for this product,” he wrote i…

XRP ETF Approval Odds Reach 98% on Polymarket Despite SEC Delays

XRP ETF Approval Odds Reach 98% on Polymarket Despite SEC Delays

On June 3, the probability of an XRP exchange-traded fund (ETF) gaining approval by 2025 skyrocketed to an all-time high of 98% on the prediction platform Polymarket.This surge in optimism among investors comes despite recent delays by the US Securities and Exchange Commission (SEC) on spot XRP ETF…

Chinese firm Webus files with US SEC for possible $300 million XRP treasury plan

Chinese firm Webus files with US SEC for possible $300 million XRP treasury plan

Webus International, a China-based automotive and hospitality company, filed a Form 6-K with the U.S. Securities and Exchange Commission outlining plans to establish a $300 million XRP-focused corporate treasury. Foreign private issuers use Form 6-K to disclose material updates to U.S. investors.The…

SEC to shape crypto policy with ‘notice and comment,’ says Atkins

SEC to shape crypto policy with ‘notice and comment,’ says Atkins

The US Securities and Exchange Commission will hone its crypto policies with “notice and comment” and move away from shaping its rules through the courts, agency chair Paul Atkins told Congress.In June 3 remarks to the Senate Appropriations Subcommittee on Financial Services, Atkins said the agency’…

SEC faces criticism over crypto staking shift

SEC faces criticism over crypto staking shift

The US Securities and Exchange Commission (SEC) is facing mounting criticism from current and former officials over its evolving stance on crypto staking services. On May 29, the SEC’s Division of Corporation Finance issued new guidance on crypto staking services, claiming that certain offerings may…

SEC casts doubt on REX‑Osprey bid to launch staking Ethereum, Solana ETFs

SEC casts doubt on REX‑Osprey bid to launch staking Ethereum, Solana ETFs

The U.S. Securities and Exchange Commission has warned ETF issuers REX Shares and Osprey Funds that their landmark “staking ETF” proposal may not meet the basic legal definition of an exchange‑traded fund, raising the prospect of enforcement or a forced refiling just hours after the products’ regist…