XRP Open Interest Spike in Response to Ripple-SEC Developments
After making a comeback above $0.50 yesterday, XRP noted a mild decline from the level in the past 12 hours or so. The brief uptrend, however, wiped its weekly losses, …
SEC
SEC’s scrutiny of USDC could derail Circle IPO plan: Barron’s
Share this article Circle Internet Financial, the company behind the second-largest stablecoin USDC, is planning to go public through an IPO. But the SEC’s concerns about USDC could test its …
Important Ripple v SEC Developments, Bitcoin (BTC) Price Swings, and More: Bits Recap June 17
TL;DR Bitcoin’s price has been on a downtrend lately, but indicators like negative exchange netflow and a declining MVRV ratio suggest a potential bullish reversal. The SEC reduced its penalty …
Major Ripple Advancements and Top XRP Price Forecasts as of Late
TL;DR Ripple plans to launch a stablecoin, Ripple USD (RLUSD), in 2024 on the XRP Ledger and Ethereum, despite SEC’s criticism. Meanwhile, XRP’s price is down, but some analysts see …
Founder of DEI hiring firm Joonko bilked investors out of $27M: feds
The founder of the DEI-focused hiring startup Joonko is facing federal charges for allegedly defrauding investors out of tens of millions of dollars – roughly one year after The Post …
SEC slashes Ripple penalty to $102 million
Share this article The US Securities and Exchange Commission (SEC) has reduced its proposed settlement amount for Ripple from $2 billion to $102.6 million, according to a legal document dated …
Ethereum Demand Surges With Permanent Holders Buying 298K ETH in One Day
Ethereum has continued to face challenges staying above the $4,000 mark, mirroring the lack of momentum in the broader market. While the investors await for a rally, data suggest a …
Company Lawyer Says $10 Million Fine is Appropriate
TL;DR Ripple contends that the SEC’s proposed $2 billion penalty is excessive, suggesting a fine of no more than $10 million. The company’s CEO anticipates a resolution by summer 2024, …
Terraform Labs Agrees To Pay $4.47 Billion Fine With SEC
Terraform Labs has reached a settlement in its lawsuit with the Securities and Exchange Commission (SEC), with the defunct crypto firm agreeing to pay a $4.47 billion fine for its …
Family Offices Grappling with Cryptocurrency Investment Prospects: BNY Mellon
Family offices, known for their entrepreneurial spirit, are embracing new investment opportunities. Though cryptocurrencies account for 5% of portfolios, an allocation that would have been unthinkable a decade ago, they …