XRP Update: SEC Postpones ETF Reviews Amid Ongoing Legal Issues; BTC Reaches $106k
Bitcoin Gains as Genius Act Progresses While XRP faced selling pressure, Bitcoin (BTC) experienced a rise on May 20 as investors reacted positively to the potential passing of the Genius Act in Congress. The Senate approved the act on May 19, with support from 16 Democrats. Reportedly, it could change their voting direction in favor […]
SEC Postpones 21Shares’ XRP ETF Application
The SEC has postponed the submission of 21 Shares for the XRP ETF, even amidst a wave of optimism surrounding recent regulatory developments. This initial delay also extends to at least three AltCoin ETF applications. Despite this setback, analysts in the ETF space are holding on to the belief that the SEC will eventually greenlight […]
Meta postpones launch of major ‘Behemoth’ AI model due to engineering challenges.
Meta, the company led by Mark Zuckerberg, has decided to postpone the launch of its ambitious AI model, “Behemoth,” due to concerns regarding its abilities. According to a report from the Wall Street Journal, sources familiar with the situation indicated this on Thursday. Engineers at the company have faced difficulties in making substantial advancements with […]
Real Madrid’s late goal against Mallorca postpones Barcelona’s title celebration.
It seemed unlikely, almost a long shot, but there was a moment, a spark of life at the Santiago Bernabeu. Carlo Ancelotti had reminisced about great comebacks during his time at Real Madrid, and those memories echoed in the stadium. On a rainy Wednesday night, amidst perhaps 30,000 empty seats, the announcement of the manager […]
Schumer Postpones Trump DOJ Nominees Due to Qatar’s Donated Jet
Schumer Faces Trump Administration’s Justice Department Candidates Chuck Schumer, the Senate minority leader, has decided to keep the Trump administration’s Department of Justice (DOJ) nominee in place for now, especially until more information about Qatar’s expensive $400 million jet comes to light. In his Senate floor speech on Tuesday, Schumer took aim at President Trump, […]
Amtrak postpones East River Tunnel repairs by two weeks after MTA issues, coinciding with Adams’ appeal to the federal government to pause.
It’s hit a snag. Amtrak has decided to delay the start of the East River Tunnel closure by two weeks, a decision that comes after concerns from Mayor Eric Adams, Governor Kathy Hochul, and others about the impact on commuting for millions. The rehabilitation project for the East River Tunnel is now slated to start […]
SEC Postpones Litecoin (LTC) ETF Proposal from Canary Capital – CoinDesk
The Securities and Exchange Commission (SEC) has postponed its decision on the Spot Litecoin (LTC) Exchange Traded Fund (ETF) proposed by Canary Capital. This delay follows a similar decision on various other Spot Crypto ETFs last week, including those for XRP, Hedera, and Dogecoin; however, Canary’s Litecoin application remains in limbo. On Monday, which marked […]
Serie A Postpones Entire Slate Of Games After Death Of Pope Francis
After Pope Francis got sick and was placed in the hospital due to double pneumonia, he eventually saw him die at the age of 88, the Italian top soccer league decided to postpone the entire match on Monday. According to an announcement of a Twitter post from the Italian football league, a total of four […]
SEC Postpones Decision on Staking Proposal for Grayscale Ethereum ETFs – Decrypt
On Monday, the U.S. Securities and Exchange Commission delayed its decision on a proposed change to the rules that would allow Grayscale’s Spot ETH Exchange Trade Fund to engage in staking. Ethereum. The Securities Commission has extended the deadline for approving or rejecting proposals for funds to stake ETH. I said A letter dated April […]
Chuck Schumer Postpones Book Tour Due to CR Backlash
Senate minority leader Chuck Schumer (D-NY) has postponed his book tour due to “security concerns” after supporting GOP's continued solution (CR) last week. Despite pushing up from his own party members, Schumer ultimately robbed the cave and announced that he would vote for a coagulation of the Republican bill to fund the government, eventually avoiding […]