There is more to SEC’s recent memecoin guidance than meets the eye. On Feb. 27, the staff of the SEC’s Division of Corporate Finance issued guidance explaining that memecoins — which the SEC described as digital assets “inspired by internet memes, ch
Since taking office in January 2025, Trump has made a clear shift in crypto policy. The strategic bitcoin reserve, the rollback of aggressive SEC enforcement actions and the first White House crypto summit have all signaled a friendlier stance on cry
Volatility Shares, an asset manager known for launching innovative exchange-traded funds (ETFs), has filed for three new products centered on XRP. These include a spot XRP ETF, a 2x leveraged XRP ETF and an inverse -1x XRP ETF.The spot XRP ETF is des
Bitcoin could end up reaching $125,000 by the end of the year, but other cryptocurrencies will likely outperform, according to CK Zheng, founder of crypto hedge fund ZX Squared Capital.“There’s a correlation between bitcoin and altcoins, but I think
The gap between XRP and Ethereum in terms of market cap has decreased drastically since November 2024, dropping roughly 33% over the past 4 months. This has increased the number of discussions in the community about a possible change in position for
Coinbase is reviving its long-held — and perhaps long-forgotten — ambition to bring securitized tokens to the U.S. market, a move that could reshape how traditional assets are traded on blockchain.The push comes as President Donald Trump’s administra
In this week’s newsletter, the US Securities and Exchange Commission (SEC) has dropped its investigation into the non-fungible token (NFT) company Yuga Labs, a company owned by US President Donald Trump filed trademarks for a metaverse and an NFT mar
As the smoke clears on its own newly dropped enforcement case, Coinbase is demanding the U.S. Securities and Exchange Commission cough up a record of its spending on investigations and actions against the wider industry in recent yearsThe biggest U.S
The U.S. Court of Appeals for the Second Circuit issued a ruling on Wednesday largely agreeing with a lower court’s 2023 decision to toss out a class action suit against decentralized exchange Uniswap.A group of investors originally sued Uniswap Labs
Investors pulled $508 million from digital asset investment products last week, pushing two-week outflows to $924 million. This reversal comes after an 18-week period of inflows totaling $29 billion. CoinShares attributed the decline to market cautio
Wall Street's main indexes were mixed in choppy trading on Monday, as investors awaited results from chip giant Nvidia for clues on the future of demand for artificial intelligence technology. At 13:30 EST, the Dow Jones Industrial Average was up 0.
The Nigerian government filed an $81.5 billion lawsuit against crypto exchange Binance, claiming back taxes and economic damages caused by crashing Nigeria’s fiat currency. Nigeria’s Federal Inland Revenue Service (FIRS) said Binance has unpaid taxes
Many are speculating that the US Securities and Exchange Commission (SEC), under new leadership since the inauguration of President Donald Trump, could drop some of its enforcement cases against crypto firms.According to multiple filings with the SEC
Today, it was released that this past Friday, Michael Saylor presented his proposal to the SEC's Crypto Task Force, outlining a strategic Bitcoin reserve plan that could generate between $16 trillion and $81 trillion in wealth for the US Treasury.The
The race to bring more cryptocurrency exchange-traded funds (ETFs) to market continues as Nasdaq seeks to list the Canary HBAR ETF. The exchange filed an application with the US Securities and Exchange Commission (SEC) to offer an ETF supported by He
Wall Street's main indexes were set to open higher on Monday, after a sharp selloff in the previous week, while Apple dipped as the iPhone maker announced a $500 billion investment plan. At 10:30 EST, the Dow Jones Industrial Average was up 0.07% at
The Nasdaq Stock Market LLC, on behalf of Canary Capital, submitted a 19b-4 filing with the U.S. Securities and Exchange Commission on Monday for a spot Hedera exchange-traded fund. Back in November, the crypto investment firm was the first to file a
By Emily DattiloThe U.S. Securities and Exchange Commission has officially closed its investigation of Robinhood Crypto, sending shares of the brokerage firm higher on Monday.Robinhood Markets stock gained 1.9% to $52.60 in morning trading, as invest
Strategy, formerly known as MicroStrategy, co-founder Michael Saylor posted the Bitcoin chart that signals an impending BTC acquisition after a one-week purchase lapse.The company completed its latest purchase on Feb. 10 by acquiring 7,633 Bitcoin,
Today in crypto, Bybit fell victim to the biggest hack in crypto history, with North Korean hackers stealing over $1.4 billion in assets. Bybit’s assets have fallen by more than $5 billion since the Feb. 21 hack, but independent audits have confirmed