Market projections for the approval of a dedicated XRP exchange-traded fund (ETF) have fallen to approximately 65% amid staunch opposition from a key regulator. This significant decline primarily stems from resistance by US Securities and Exchange Commission (SEC) Commissioner Caroline… Read More »SEC Commissioner’s Opposition Drops XRP ETF Approval Odds to 65%, Fuels Uncertainty
The United States Securities and Exchange Commission (SEC) has issued non-binding guidance on liquid staking aimed at providing institutional investors with some regulatory clarity. This guidance outlines the SEC’s current considerations for investment advisers dealing with client assets involved in… Read More »SEC’s Non-Binding Liquid Staking Guidance Offers Limited Clarity While Questions Linger
The recent announcement detailing the U.S. Securities and Exchange Commission’s (SEC) ‘Project Crypto’ initiative, aimed at providing clearer regulations for blockchain markets, was met with a cautious and negative reaction from cryptocurrency traders. Despite the initiative’s prospective goal of long-term… Read More »Market Volatility Follows SEC’s Project Crypto Announcement, XRP and SOL Prices Slide
The Indian government has reaffirmed its stringent cryptocurrency policies, retaining a 30% tax on digital asset gains and rejecting plans to approve Bitcoin exchange-traded funds (ETFs). This decision deepens regulatory ambiguity for investors and businesses in the country’s cryptocurrency sector.… Read More »India Maintains 30% Crypto Tax and Rejects Bitcoin ETFs Amid Regulatory Uncertainty
The U.S. Securities and Exchange Commission (SEC) has delayed approval of Bitwise’s cryptocurrency exchange-traded fund (ETF) application due to an ongoing comprehensive review of the firm’s 10 Crypto registration filing. The pause reflects persistent regulatory uncertainty as authorities balance investor… Read More »SEC Pauses Bitwise Crypto ETF Approval Amid Regulatory Scrutiny
Ripple’s XRP is trading within a narrow $2.16-$2.22 range, reflecting market indecision amid persistent regulatory concerns and fluctuating investor sentiment. This consolidation phase underscores heightened sensitivity to broader market forces and unresolved legal challenges facing the cryptocurrency. The $2.20 price… Read More »XRP Consolidates Near $2.20 Amid Uncertainty, Technical and Regulatory Pressures Loom
The U.S. Securities and Exchange Commission (SEC) has postponed rulings on proposed spot exchange-traded funds (ETFs) tied to Dogecoin (DOGE), Hedera (HBAR), and Avalanche (AVAX). Applications submitted by asset managers Bitwise, Grayscale, and VanEck will undergo extended legal review, with… Read More »SEC Delays Spot ETF Decisions for Dogecoin, Hedera, and Avalanche Amid Regulatory Concerns