Bitcoin (BTC) soared above $71,000 early Tuesday, reaching its highest level since early April, while Ether jumped more than 19% to $3,700. This surge followed Bloomberg analysts increasing the likelihood of a spot ETH exchange-traded fund (ETF) being approved in the U.S. to 75%. According to the latest data from SoSoValue, as quoted by The …
Federal regulators want blockchain firm Ripple to pay a nearly $2 billion fine. That’s according to company officials who took to social media in advance of the publication of court documents scheduled for Tuesday (March 26) to criticize the Securities and Exchange Commission’s (SEC) proposed punishment. “The SEC plans to ask the Judge for $2B in a case that involved …
The US Securities and Exchange Commission is planning to appeal a recent court decision involving Ripple Labs, which was a setback for the agency’s efforts to regulate cryptocurrency markets. In a letter on Wednesday, the SEC requested US District Judge Analisa Torres in Manhattan to allow a federal appeals court to review her July 13 …
Ripple Labs successfully defended itself against allegations of violating federal securities law by selling XRP tokens on public exchanges. This ruling by US District Judge Analisa Torres is a landmark victory for the cryptocurrency industry and has led to a significant increase in the value of XRP. The decision, although specific to this case, could …