The SEC's years-long crusade against the crypto industry seems to be over.
Nate Geraci, a leading ETF analyst, forecasts that BlackRock and Fidelity will soon join the XRP ETF race, with approval expected to happen soon. His optimism stems from the resolution of Ripple's legal battle with the U.S. SEC.
The future of Solana-based ETFs, and the broader Solana ecosystem by extension, looks promising. Key founders have recently outlined expectations for the network and the potential performance of its highly anticipated Solana-based exchange-traded fund.
XRP has failed to breach the $2.5 resistance.
XRP is showing signs of a big move! With bulls waking up and price getting ready to break key levels.
Bitcoin trades above $87,600 as Fidelity files for a Solana ETF and GameStop updates policy to hold BTC—boosting institutional crypto momentum. The post Bitcoin Nears $88,000 as Fidelity Files Solana ETF and GameStop Opens to BTC appeared first on Cryptonews.
The resolution of Ripple's four-year SEC lawsuit removes the key regulatory hurdle that had blocked XRP ETF approvals in the U.S.
In a recent interview, Ripple CEO Brad Garlinghouse revealed that 95% of the company's customers are not from the United States.
The double top pattern typically requires confirmation through a decisive drop below the "neckline," the support level between the two peaks, which lies around $80,000 to $84,000 based on recent price action.
Solana's rising transaction volume and cost efficiency fuel its potential to overtake Ethereum.
Solana (SOL) has recently struggled to secure the $148 support level, with the altcoin unable to hold above this critical barrier. Despite an 11% increase over the last four days, the price remains stuck under $148, and bearish signals are becoming more prominent.
Nate Geraci, one of the leading ETF analysts, has predicted that both BlackRock and Fidelity will join the XRP ETF race.
In a significant win for Ripple Labs and XRP, the company has reached a settlement with the US Securities and Exchange Commission (SEC) that will effectively conclude their prolonged legal battle.
The market is reacting positively to Movement's pledge to do a $38 million token buyback to create a Movement Strategic Reserve.
XRP recently showed signs of a bullish breakout, pushing above the 50-day EMA at $2.39 and briefly testing the upper boundary of its descending channel. However, the move lacked momentum, with price action stalling at $2.44, a modest daily decline of 0.32%.
Ripple Labs appears to be nearing the end of its years-long legal battle with the U.S. Securities and Exchange Commission (SEC), emerging with a significant victory. Ripples Chief Legal Officer, Stuart Alderoty, announced via X that the SEC will return $75 million of the $125 million fine Ripple paid last year.
Fidelity Investments has taken a major step toward launching a Solana (SOL) exchange-traded fund (ETF), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Cboe Exchange submitted a 19b-4 form on behalf of Fidelity, seeking approval to list the Solana ETF.
As the SEC vs Ripple lawsuit is coming to an end with the blockchain firm paying a $50 million penalty, developments on an XRP ETF are gathering pace once again. In his latest Bloomberg interview, CEO Brad Gralinghouse said that it's important to have this exchange-traded fund, while just falling short of accepting that they
XRP price started a fresh recovery wave above the $2.450 zone. The price is now struggling to clear the $2.480 and $2.50 resistance levels.
BlackRock's dual crypto push—expanding its BUIDL fund to Solana and launching a Bitcoin ETP in Europe—has ignited market interest. Solana price surged to its best performance this week; so what's next?
Big news coming out of the SEC vs. Ripple case—it's officially over! Last week, the SEC dropped its appeal, and now a final resolution has been reached. Ripple will pay a $50 million fine and it has also agreed to drop its cross-appeal, and the judge's earlier injunction will be lifted.
The long-running legal battle between the SEC and Ripple has reached its final stages. Last week, the SEC agreed to drop its appeal without conditions, and Ripple has now decided to drop its cross-appeal.
The legal fight between Ripple and the U.S. Securities and Exchange Commission (SEC) is officially over. Last week, the SEC decided to drop its appeal, clearing the way for a final resolution that both sides have now agreed on.
XRP is up more than 8% over the past seven days, but it hasn't been able to maintain the strong momentum sparked by the SEC dropping its lawsuit against Ripple.
Ripple has agreed to settle its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), dropping its appeal and agreeing to pay $50 million of the originally imposed $125 million fine.
BlackRock's tokenized money market fund, BUIDL, has expanded to the Solana blockchain as its assets under management (AUM) surpass $1.7 billion.
XRP's pivotal role in cross-border payments gains momentum as new ETPs debut on Nasdaq Stockholm, signaling a breakthrough for compliant crypto access across Europe.
The announcement comes just days after the SEC also walked away from its appeal of the verdict from the same lawsuit filed more than four years ago. $75M Win for Ripple as It Drops Cross-Appeal Against SEC In December 2020, the U.S.
Solana price has crawled back this week, continuing a trend that has been going on since March 12 when it crashed to $112.50. It has soared to a high of $142.50, its highest level since March 7 last year.
Despite its recent push for recovery Bitcoin is currently dealing with a potentially negative development. Bitcoin is currently trading at $87,124 down 0.44% on the day.
The financial services giant is the latest issuer to take steps toward launching a fund based on the sixth largest cryptocurrency.
Crypto analyst Dark Defender has issued a bold outlook for XRP, stating on X that the asset is on a clear path toward multiple upside targets. His remarks come at a time when the asset bulls are trying to hold a support level at $2.
Memecoin launchpad PumpFun has once again transferred a large amount of Solana (SOL) to Kraken. According to data from Onchain Lens, a total of 54,113 SOL worth approximately $7.81 million were moved to the trading platform.
Pump.fun once again deposited SOL to Kraken, after growing its revenues from meme launches and proceeds from the PumpSwap DEX.
Ripple settles with the SEC, agreeing to pay a $50 million penalty and dropping its cross-appeal, marking the near conclusion of a long-standing lawsuit that began in 2020. The SEC will retain $50 million of the original $125 million fine, with the remaining $75 million returned to Ripple. The post Ripple Settles With SEC: Pays $50M, Case Nears Conclusion appeared first on Cryptonews.
While PumpSwap achieved record $426M volume, Raydium maintained dominance with 46.1% market share in Solana's competitive DEX landscape.
Was the legal victory only a brief reprieve?
Ripple drops cross-appeal, ending its battle with the SEC. Legal clarity may boost XRP price, ETF approval odds, and Ripple's U.S. expansion.
BlackRock expands its $1.7B tokenized money market fund, BUIDL, to Solana, leveraging the blockchain's speed and low fees to enhance on-chain access to U.S. dollar yields and tokenized treasuries. The post BlackRock Expands BUIDL Fund to Include Solana (SOL) appeared first on Cryptonews.
Last week, pump.fun completed Solana's most consequential DEX launch in some time when it unveiled PumpSwap, an automated market maker for pump.fun token migrations.
Ripple Labs has settled with the US Securities and Exchange Commission (SEC). The company has agreed to pay a reduced $50 million fine in a case that has been closely watched by the cryptocurrency industry.
The co-founder of a popular cryptocurrency took a swipe at Layer-2 cryptos, claiming that these rollups are only redundant and make blockchain scaling more complicated. Anatoly Yakovenko, co-founder of the Solana network, argued that Layer-1 solutions are sufficient without Layer-2 tokens which do not offer genuine, long-term benefits.
The SEC first sued Ripple Labs in 2020.
Nikita Bier joins Solana as advisor tasked with helping to select companies launch and grow their mobile apps.
Cryptocurrency markets are trading relatively flat on Tuesday as GameStop announced the acquisition of Bitcoin for its treasury. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,471.10 +0.03% Ethereum (CRYPTO: ETH) $2,079.34 -0.6% Solana (CRYPTO: SOL) $145.94 +2% XRP (CRYPTO: XRP) $2.46 -0.3% Dogecoin (CRYPTO: DOGE) $0.1910 +1.6% Shiba Inu (CRYPTO: SHIB) $0.00001376 +0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 78% and daily active addresses growing by 30%.
Chicago Board Options Exchange (Cboe) filed on March 25 to trade a spot Solana (SOL) exchange-traded fund (ETF) issued by Fidelity through the registration of a 19b-4 form. The move comes four days after Fidelity registered a Solana fund in Delaware.
Ripple's Chief Legal Officer announced today that its XRP lawsuit with the SEC is approaching the final legal phase. The SEC will keep $50 million from the previous $125 million fine and return the rest to Ripple.
Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.