Markets are bracing for volatility ahead of the expected Fed rate cut this week, with spot Bitcoin ETFs attracting $642M in new inflows and Ether ETFs adding $406M, signaling rising institutional confidence in digital assets. Concurrently, regulatory momentum continues, with the SEC outlining a m... ... Read full CryptMarket Analysis — 16-09-06
Key takeaways:Corporate treasury strategies accumulated 17 million SOL, bolstering institutional demand despite weak leverage demand.A wave of cryptocurrency ETF approvals in the US is likely, but SOL must secure inflows amid competing altcoins.Solana’s native token, SOL (SOL), rallied above $250 on…
The U.S. Securities and Exchange Commission approved on an "accelerated basis" listing standards for crypto exchange-traded funds, quickly setting the stage for those products to be ready for public trading.In a filing made on Wednesday, the SEC said it found "good cause" to approve the standards ea…
Today in crypto, Wormhole rolled out updated tokenomics for its native W token, introducing a token reserve and higher yields for stakers. In the UK, the Financial Conduct Authority (FCA) released proposals on how existing financial rules should apply to crypto, while Bitwise said new US listing sta…
The US Securities and Exchange Commission has approved standards that could speed up spot crypto ETF approvals, as each application would not need to be assessed individually.The decision, detailed in SEC filings on stock exchanges like the Nasdaq, NYSE Arca, and Cboe BZX, on Wednesday, would stream…
U.S. Securities and Exchange Commission Hester Peirce has denied endorsing private cryptocurrency projects or cryptocurrency firms. This comes after OpenVPP, a cryptocurrency project that is meant to streamline the electric utility sector with blockchain, announced that it was working "alongside" Pe…
The race to bring an XRP exchange-traded fund (ETF) to market is nearing its final stage. Recent listings on the Depository Trust & Clearing Corporation (DTCC) suggest approval from the U.S. Securities and Exchange Commission (SEC) could come as early as October. If that happens, XRP could soon have…
Just after multiple days of consistent price surges, the crypto market has suddenly flipped negative, pushing XRP to the negative zone. Despite the sudden switch in investors’ sentiment, XRP still stands a chance for a massive price breakout, according to a recent prediction shared by crypto analyst…
The US Securities and Exchange Commission (SEC) and Gemini Trust Company filed a status update in court, letting a federal court know they had reached a “resolution in principle” to resolve a securities case stemming from a 2023 complaint.In a Monday filing in the US District Court for the Southern …
The US Securities and Exchange Commission (SEC) chair continued steering the regulatory agency in a different direction than its previous enforcement-first policy toward the crypto industry.In an interview with the Financial Times published Monday, SEC Chair Paul Atkins said the agency is departing …