XRP rises 3% following Garlinghouse’s announcement about Ripple ending SEC cross-appeal
XRP Prices Climb Following Legal Developments XRP prices jumped by 3% on Friday after Ripple Labs’ CEO, Brad Garlinghouse, announced that the company would not pursue a cross appeal against the U.S. Securities and Exchange Commission (SEC). He expressed optimism regarding the SEC’s own appeal, suggesting that they might not succeed either. “Ripple is dropping […]
XRP Update: Ripple Withdraws Appeal, Targets ETF Growth as SEC Case Wraps Up; BTC at $107k
Bitcoin Faces Pressure from US Inflation and Trade News XRP responded positively to Ripple’s latest announcement, but the demand for Bitcoin (BTC) experienced some setbacks due to recent US inflation data and tariff developments. The US Core PCE Price Index rose by 2.7% annually in May, up from 2.6% in April, creating speculation about a […]
XRP ETF from $1.4 Trillion Firm Delayed by SEC, Major Spanish Bank Supports Bitcoin, Coinbase Introduces New Ethereum-Based Crypto Listings: Crypto News Summary
U.Today shares the latest three news stories from the past day. SEC Delays Decision on $1.4 Trillion XRP ETF Filing The SEC has decided to postpone its ruling on the Franklin Templeton Spot XRP ETF. Initially, it was anticipated that an announcement would be made on May 3rd. However, now the deadline has been extended […]
JPMorgan and SEC hold talks about onchain capital markets.
JPMorgan Meets SEC on Digital Asset Regulations Executives from some of the largest banks in the U.S. recently met with the Securities and Exchange Commission’s Cryptocurrency Task Force. The main topic? The possible effects of new regulations on digital assets and the movement of capital markets to blockchain. During the discussions, JPMorgan Chase’s leaders focused […]
Vanderbilt quarterback Diego Pavia criticizes the Big Ten, stating the SEC offers stronger competition.
SEC vs. Big Ten: A College Football Perspective The ongoing debate about which college football conference leads in the nation is, let’s say, a bit of a tradition. Each conference has its standout programs, yet there’s something intriguing happening. Vanderbilt quarterback Diego Pavia seems to be steering the conversation entirely away from the Big Ten. […]
SEC invites feedback on Franklin Templeton’s proposals for XRP and SOL ETFs
SEC Seeks Public Input on Franklin Templeton ETFs The U.S. Securities and Exchange Commission (SEC) has initiated a public comment period regarding asset manager Franklin Templeton’s proposed exchange-traded funds (ETFs) for trading on two cryptocurrency exchanges associated with the Chicago Board Options BZX Exchange. In separate filings made on Tuesday, the SEC indicated that U.S. […]
Rep. Stefanik calls on the SEC to investigate Harvard for allegedly hiding information from investors
Investigation Request Towards Harvard by Rep. Stefanik Rep. Elise Stefanik (R-NY) has called on the Securities and Exchange Commission (SEC) to look into Harvard University. She, as a Harvard alumna, expressed concerns about the institution potentially withholding “material information” from recent bond investors amidst ongoing tensions with the Trump administration over federal funding. In a […]
Coinbase looking for SEC permission to provide blockchain-based shares
Coinbase is seeking approval from the Securities and Exchange Commission (SEC) to offer “tokenized stocks” to its users, according to the company’s chief executive in a Reuters interview. Paul Grewal, the Chief Legal Officer at Coinbase, indicated that this initiative is a priority for the company. Tokenized stocks involve converting a company’s shares into digital […]
Trump Media Confirms Its Bitcoin Deal: SEC Approval
The news hit like a sudden splash in calm waters. Trump Media and Technology Group (TMTG) has reached a significant milestone. The Securities and Exchange Commission (SEC) has officially approved the registration of financial contracts tied to Bitcoin. This approval opens the door for integrating cryptocurrency into financial strategies, and true to its founder’s bold […]
Ex-Crypto Executive Named SEC Director of Trading and Markets
New SEC Trading and Markets Director Appointed A former cryptocurrency executive has been appointed as the director of trading and markets at the Securities and Exchange Commission (SEC). Jamie Selway, an experienced financial services professional, will take on this new position starting June 17, according to a recent press release from the agency. SEC Chairman […]