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“# Five proposed crypto class actions in NY over unregistered securities dismissed ” Five proposed class-action lawsuits against crypto firms have been voluntarily dismissed without prejudice in New York federal courts — without costs or attorney fees to any party. Quantstamp, Status Research, Civic Technologies, HDR Global Trading, and Kaydex are off the hook, however…
“# SEC pushes decision on VanEck Bitcoin ETF until June ” The United States Securities and Exchange Commission has extended the original 45-day window to approve a Bitcoin (BTC) exchange-traded fund, or ETF, from asset manager VanEck. According to a filing from SEC on Wednesday, the regulatory body will push the deadline for approving or disapproving…
“# Ethereum ETFs are here, building case for US approval of BTC and ETH funds ” Unlike its neighbor to the south that continues to procrastinate, Canada seems to be fast-tracking crypto assets — as evident again last week in its regulatory green light for three new Ether (ETH)-based exchange-traded funds, North America’s first. “Having…
“# SEC loses a battle to win the war? Ripple dissociates from pumping XRP ” When the United States Securities and Exchange Commission filed legal action against Ripple Labs and its top-two executives in December, alleging that its XRP coin was in fact a security and that the firm had raised over $1.38 billion through…
“# There will be drama, warns WEF expert on Bitcoin regulation ” Those who oversee the traditional finance sector won’t just let Bitcoin (BTC) wander off into the sunset without a fight. That’s the sentiment expressed by the World Economic Forum’s head of blockchain and digital assets, Sheila Warren, who said a “dramatic” round of…
“# XRP price soars to new highs after recent legal victories and relisting rumors ” XRP price broke out to a new multiyear high on April 13 as a surge of trading volume in the early morning hours continued into mid-day. Data from Cointelegraph Markets and TradingView shows that XRP registered a low of $1.42…
“# MicroStrategy stock explodes alongside Bitcoin rally ” Shares of MicroStrategy (MSTR) surged to one-month highs on Tuesday, as Bitcoin’s (BTC) gravitational pull on crypto proxy stocks continued to strengthen following another record-breaking rally for the digital asset. Shares of the business intelligence firm touched an intraday high of $770 on the New York Stock…
“# Galaxy Digital submits Bitcoin ETF application with SEC ” Galaxy Digital has submitted a Bitcoin (BTC) exchange-traded fu filing with the United States Securities and Exchange Commission. According to the form S-1 published by the SEC on Monday, the Galaxy Bitcoin ETF — if approved — will trade on the NYSE Arca exchange, with…
“# Ripple becomes tidal wave, leads weekend pump and notches legal victories ” Amid a weekend pump carrying multiple cryptocurrencies higher, Ripple’s XRP looks to be leading the way with a push as high as 30% on the daily — carried on the back of a string of legal victories and rumors of relisting at…
“# You don’t own me: XRP price surge defies SEC’s clamp-down on crypto ” After the United States Securities and Exchange Commission initiated a lawsuit against Ripple alleging that the firm had been indulging in the sale of securities worth $1.3 billion, a number of prominent exchanges across the globe (including Coinbase, Kraken, OKCoin) proceeded…