Ripple’s CLO calls SEC’s latest filing “Hypocritical Pivot”
He pointed out that Gensler had requested an urgent appeal while simultaneously asserting that crypto regulations and rules were clear and must be adhered to by the industry. Go to Source
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Congressman Tom Emmer seeks amendment to limit SEC’s crypto oversight
Emmer intends to introduce an appropriations amendment that will limit the SEC’s utilization of funds for digital asset enforcement until comprehensive rules and regulations are put in place. Go to Source
SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’
The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues. Go to Source
LBRY decides to fight: Blockchain firm files notice of appeal against SEC
Blockchain-based file-sharing and payment network LBRY is planning to pick up the fight against the United States federal regulator again after losing the battle in November last year. Go to Source
Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on crypto
Ripple Labs chair Chris Larsen commented on the recent cases involving Ripple, Grayscale, and the SEC, arguing it is time for Congress to take the lead on crypto policy. Go to Source
Following SEC delays, Ark Invest and 21Shares file for spot Ether ETF
The two firms currently have a spot Bitcoin exchange-traded fund being reviewed by the SEC, and recently proposed listings of two Ether futures ETFs. Go to Source
Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity
Bitcoin’s current price action leaves much to be desired, but multiple indicators point to what could be a generational buying opportunity for patient investors. Go to Source
Here’s why Bitcoin will hit $22K soon
This week, The Market Report discusses why $22,000 is the next logical step for Bitcoin and why BitMEX co-founder Arthur Hayes claims the bull market started back in March. Go to Source
Grayscale asks SEC to meet on ‘way forward’ for Bitcoin ETF conversion
“We believe the Trust’s nearly one million investors deserve this fair playing field as quickly as possible,” Grayscale’s lawyers wrote to the regulator. Go to Source
Ethereum price risks losing the $1.6K support as multiple ETH price metrics decline
A lack of network activity and ground lost to competitors could eventually play a role in ETH losing the $1,600 support. Go to Source