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After five years, the long-running Ripple v. the United States Securities and Exchange Commission (SEC) has finally been laid to rest. According to Commissioner Hester Pierce, the SEC can now redirect its efforts toward creating a clear regulatory framework for the U.S. crypto industry. Pierce’s attitude was echoed by SEC Chairman Paul Atkins, who added in a social media post that the agency would also focus on fostering innovation while protecting investors. Commissioner Peirce is right. With this chapter closed, we now have an opportunity to shift our energy from the courtroom to the policy drafting table. Our focus should be on building a clear regulatory framework that fosters innovation while protecting investors. #ProjectCrypto — Paul Atkins (@SECPaulSAtkins) August 11, 2025 The broader market, however, appears most interested in potential new spot XRP ETFs, with Canary Capital CEO Steven McClurg even suggesting that they could outperform Ethereum (ETH...

The XRP price surged almost 12% after Ripple and the US Securities and Exchange Commission ended their years-long legal battle, jointly dismissing appeals in a case that has loomed large over crypto regulation since 2020. According to an Aug. 7 court filing , the Second Circuit Appeals Court acknowledged the dismissal of both Ripple and the SEC’s appeals, effectively finalizing the 2023 ruling by Judge Analisa Torres. The court also noted that each party will bear its own legal costs and fees. “The end,” said Ripple’s chief legal officer Stuart Alderoty in an Aug. 7 X post. “And now back to business.” Ripple Still To Pay $125 Million Fine While Ripple will still pay a $125 million fine over institutional XRP sales—far less than the $2 billion originally sought by the SEC—t he joint dismissal means that the 2023 ruling by New York judge Analisa Torres stands as precedent. Her decision was at the heart of the appeals filed last year and ...

Ripple’s XRP token faced a correction over the last few days. The asset’s price has fallen 8% over the previous week. Despite the correction, XRP has rallied 0.6% in the daily charts, 11.7% in the 14-day charts, 11.8% over the previous month, and 343.2% since May 2024. The rally comes after Bitcoin (BTC) pushed ahead to the $107,000 mark. Also Read: PLTR: Palantir Falls 3% on $178M Army AI Deal, BofA Eyes $150 Source: CoinGecko XRP Slides As SEC Delays ETF Source: Decrypt XRP’s latest price dip came after the SEC announced it would delay its decision on three spot ETF applications for Dogecoin (DOGE) and XRP. The move came as a surprise to many, given that the SEC now has a pro-crypto head, Paul Atkins. Also Read: 71% Say Bitcoin Will Reclaim Its Peak by May End, Are They Right? The latest rebound came after Bitcoin (BTC) climbed to the $107,000 level. The original cryptocurrency is close to hitting a new all-time high. Ripple’s XRP token and the general crypto m...

The XRP price surged 7% as asset manager Teucrium Investment Advisors said it will launch the first-ever XRP ETF (exchange-traded fund) in the US today. The Teucrium 2x Long Daily XRP ETF, which will start trading under the ticker XXRP on the NYSE Arca exchange, aims to not only offer investors an alternative way to gain exposure to the altcoin, but also to give investors twice the daily return of XRP . “If you have a short-term high-conviction view on XRP prices, you may consider exploring the Teucrium 2x Long Daily XRP ETF,” the asset manager said. The fund will include a management fee of 1.85% and an annual expense ratio, according to the alternative investment manager’s website . Distributions will be paid out monthly, and the fund currently has over $2 million in total net assets. Analyst Calls Leveraged Offering “Odd” Bloomberg ETF analyst Eric Balchunas commented on the Teucrium XRP ETF in an April 7 X post, saying it’s “very odd...

Investment manager VanEck has filed to establish a trust entity for the first BNB ETF (exchange-traded fund) in the US. Public records from the official Delaware state website show the firm registered the VanEck BNB ETF on March 31 under the filing number 10148820. Former Binance CEO Changpeng Zhao, aka CZ, shared the news in an X post earlier today.  VanEck BNB ETF First Of Its Kind In The US The formation of a trust is one of the first steps a company takes when in the process of launching an ETF. VanEck’s proposed BNB ETF now heads to the US Securities and Exchange Commission (SEC) for review. Should VanEck’s proposed BNB ETF receive the regulatory nod from the SEC, it will mark the first fund of its kind that tracks Binance Coin, which is the 5th largest crypto by market cap, in the US.  It is, however, not the first BNB-related product. 21Shares has already launched its Binance BNB ETP outside of the US.  BNB’s price underwent a 24-hour ret...

In what was a monumental moment that many had hoped for this year, the US Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple (XRP). Indeed, the company’s CEO, Brad Garlinghouse, took to X (formerly Twitter) to break the news that the agency will officially drop its appeal. Garlinghouse called the move “a resounding victory for Ripple, for crypto, every way you look at it.” Moreover, the move was one in a string of similar actions taken by the revamped agency this year. The arrival of 2025 has come with a completely overhauled cryptocurrency policy embraced by the returning Trump administration. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let's build. pic.twitter.com/7WsD0C92Cm — Brad Garlinghouse (@bgarlinghouse) March 19, 2025 Also Read: What Will XRPs Price Be If SEC Dismissed Ripple Lawsuit This Month...

Mike Novogratz’s Galaxy Digital has hired BlockFi founder Zac Prince as a managing director. For some reason, Novogratz thinks Prince is an excellent candidate to assist with developing Galaxy’s services. Prince was the CEO of failed digital asset lending company BlockFi. There, he nurtured close relationships with Sam Bankman-Fried’s FTX and Alameda Research. Prince’s company, which once advertised high-interest payouts to customers who lent it bitcoin, ether, and stablecoins, eventually collapsed as the world learned about BlockFi’s false and misleading statements about the safety of those assets. According to the Securities and Exchange Commission, BlockFi lied about its collateral practices from March 4, 2019, to August 31, 2021, and agreed to pay $100 million in penalties for that and other misdeeds. FTX and BlockFi bankruptcies spook Visa and Mastercard Read more: Unredacted document shows $1.2B in BlockFi assets linked to SBF Zac Prince returns to crypto ...

As XRP targets reclaiming the $3 spot, the asset’s current trading pattern resembles a historical movement that points to a potential upside of about 350%. Specifically, XRP appears to follow a pattern that echoes its historic 2017 rally, which saw the cryptocurrency skyrocket by over 1,300% in multiple phases. Now, if this pattern plays out, it could set the stage for an even larger breakout, potentially pushing XRP’s price to $12.50 in 2025, according to an Analysis by TradingShot shared in a TradingView post on February 14. Picks for you Here’s how Robert Kiyosaki’s top picks have performed in 2025 so far 16 hours ago HyveDA secures $50m in pre-deposits after Symbiotic mainnet launch 17 hours ag...

Ripple (XRP) has largely been gaining widespread momentum due to its skyrocketing popularity. Ripple is leaving no stone unturned to push XRP to hit new collaborations and, at the same time, help the entire ecosystem inch closer to its goal of establishing global financial dominance. Is XRP on the verge of hitting a new high? Let’s find out. Also Read: XRP ETF Filing Accepted by SEC —Is Crypto’s Next Big ETF Wave Coming? Ripple Charts A New Path Source: Bitcoin.com Ripple (XRP) is currently gaining the spotlight due to many reasons. Firstly, the token is currently gaining widespread attention due to the spree of ETF applications that have been filed to launch XRP ETFs. In this wake, the US SEC has already acknowledged Grayscale’s XRP ETF application, prompting the XRP community to anticipate the launch news soon in the near future. SO, for everyone asking what this means — the SEC has *acknowledged* @Grayscale/@NYSE’s 19b-4 application to convert its $XRP Trust into an ETF. No, it...

18 US states have filed a lawsuit against Securities and Exchange Commission (SEC) Chair Gary Gensler accusing the anti-crypto regulator of “gross government overreach” against the digital asset industry.  “The Securities and Exchange Commission (SEC) has not respected this allocation of authority,” said the plaintiffs, which includes Nebraska, Tennessee, Wyoming, Kentucky, West Virginia, Iowa, Texas, Mississippi, Ohio, Montana, and others, in the filing . They added that the financial regulator “has sought to unilaterally wrest regulatory authority away from the States.” US Crypto Industry Loses Millions Of Dollars To SEC Enforcement Actions The SEC, under Gensler’s leadership, has opted to use an aggressive regulation by enforcement approach. This has forced crypto companies operating in the US to spend millions of dollars on lawsuits initiated by the regulator. According to the Blockchain Association, legal actions by the SEC have ...

Author: Meng Yan Translation: WuBlockchain On July 27, during Trump’s 50-minute speech at the Bitcoin conference in Nashville, many considered it another milestone event for the crypto asset industry. However, it was noted afterward that Trump did not mention Ethereum, blockchain, or Web3 at all; the only time Vitalik was mentioned, it was later discovered to be a mishearing. Why didn’t Trump mention Web3? The exact reason is unknown; you might have to ask the person who wrote Trump’s speech, reportedly David Bailey, CEO of Bitcoin Magazine. However, if you view this within the broader context of the entire crypto industry, it becomes easier to understand. In short, Trump’s speech essentially reflected the progressive Bitcoin maximalist stance. Bitcoin and Ethereum are the two leading forces in the crypto industry, often compared side-by-side. However, they are fundamentally different, representing two entirely different ideological camps: Bitcoin embodies “useless utility,” while Ethe...

The global non-fungible token market, once seen as a revolutionary investment, is now seeing significant downturns, leaving many crypto and non-fungible token holders making massive losses. Despite the recent speculations and volatility stirred by the United States Securities and Exchange Commission along with other factors, the CryptoPunks have broken all limitations and barriers to become the top-selling NFT collection. A few hours ago, another punk sold for over $1.2 million. Punk 9368 bought for 550 ETH ($1,265,786.46 USD) by 0x9045de from 0x0232d1. https://t.co/dHeRzV7vTY #cryptopunks #ethereum pic.twitter.com/MJfdn81GbC — CryptoPunks Bot (@cryptopunksbot) September 9, 2024 Last month, the United States Securities and Exchange Commission (SEC) issued a well notice to OpenSea, one of the largest NFT marketplaces in the NFT market, claiming that many of the NFT collections on its platform are securities. This regulatory concern has stirred some fear, uncertainty and doubt ...

A US Judge has ordered the Securities and Exchange Commission to pay $1.8 million in fees to cover legal costs in its Debt Box lawsuit. The Judge found that the SEC abused its authority in the case, and will now need to pay fines on behalf of the crypto platform. JUST IN: Judge orders SEC to pay $1.8 million in damages for abusing its power against crypto company 'DEBT Box.' pic.twitter.com/3A5jt3iL9e — Watcher.Guru (@WatcherGuru) May 28, 2024 The court order includes almost $747,000 for a court-appointed receiver, according to Judge Robert Shelby of Utah. Shelby previously sanctioned the regulator for “gross abuse of power” in the case, including false statements made by the SEC’s lawyers. The SEC will have to pay nearly $600,000 to Debt Box in fees and costs as part of the ruling. The sanctions against the SEC require the regulator to cover “all attorney fees and costs arising from the improvidently entered ex parte relief.” Judge Shelby ruled that...

Robinhood , the prominent trading platform, has recently drawn the attention of the Securities and Exchange Commission [SEC] following the issuance of a Wells Notice. This has further prompted analysts and experts to look into the matter causing discussions about the potential legal implications of Robinhood ’s strategic position. KBW’s research, led by Kyle Voigt, scrutinizes Robinhood ’s cautious strategy regarding digital asset listings. Despite offering a limited range of fifteen crypto currencies, Robinhood ’s stringent listing standards distinguish it from competitors. It potentially bolsters its defense in any legal dispute with the SEC. Also Read: SEC To File Lawsuit Against Robinhood ’s Crypto Business Voigt and team express confidence in the firm’s ability to defend its position in court. They cite its conservative listing practices as a protective factor against regulatory scrutiny. This stance positions Robinhood favorably compared to...