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news-imageMarch 12, 2025

SEC delays decision on XRP, Solana ETF applications: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin inches higher after better-than-expected inflation data. Plus, the House votes to rollback an IRS rule requiring DeFi brokers to send tax documents to customers.
Publisher: CNBC Television
Sentiment: Negative
SOL
XRP

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Positive
cover-imageTokenpost
March 13, 2025

Franklin Templeton Joins Solana ETF Race Amid Rising Approval Odds

Franklin Templeton, managing $1.53 trillion in assets, has filed to launch a Solana (SOL) exchange-traded fund (ETF) in the U.S. The filing was submitted by Cboe BZX Exchange earlier this week, marking another major move by the financial giant, which also filed for an XRP ETF just days prior. This makes Franklin Templeton the most significant player to enter both the Solana and XRP ETF markets.

Negative
cover-imageCryptonews
March 12, 2025

Sec's Case Against Ripple Set to Close, Sources Say: Fox Business

Ripple's legal battle with the SEC appears to be nearing its conclusion, according to sources. The case, which has shaped crypto regulations in the U.S., may soon be resolved, potentially influencing broader enforcement strategies and digital asset oversight in the industry. The post Sec's Case Against Ripple Set to Close, Sources Say: Fox Business appeared first on Cryptonews.

Neutral
cover-imageBenzinga
March 12, 2025

Bitcoin, Ethereum Slip, XRP, Dogecoin Hold Gains On Slow Wednesday

Bitcoin and Ethereum struggle to maintain gains, while XRP rallies on optimism over the SEC potentially closing its case against Ripple. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,997.45 -0.13% Ethereum (CRYPTO: ETH) $1,876.24 -3.7% Solana (CRYPTO: SOL) $124.56 -2.1% XRP (CRYPTO: XRP) $2.23 +2.5% Dogecoin (CRYPTO: DOGE) $0.1689 +1.3% Shiba Inu (CRYPTO: SHIB) $0.00001229 +0.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.2% and daily active addresses falling by 3.4%.

Positive
cover-imageBenzinga
March 12, 2025

Trump-Appointed SEC Chair Could Fast-Track Crypto ETF Approvals: XRP, Solana, Dogecoin ETFs Coming By June?

The U.S. Securities and Exchange Commission is unlikely to approve or reject crypto ETFs until its new leadership is in place, according to a new report. What Happened: Coindesk on Wednesday reported that the SEC has acknowledged multiple spot crypto ETF applications but is unlikely to approve them until its leadership is settled.

Negative
cover-imageCointelegraph
March 12, 2025

SEC's enforcement case against Ripple may be wrapping up

The US Securities and Exchange Commission may be preparing to end its enforcement action against Ripple Labs after more than four years.According to a March 12 X post from Fox Business reporter Eleanor Terrett, the SEC's case against Ripple was “in the process of wrapping up” after the parties filed an appeal and cross-appeal, respectively, over a $125-million court judgment in August 2024. The civil case against the blockchain firm filed in December 2020 alleged Ripple and certain executives used XRP (XRP) as an unregistered security to raise funds.

Positive
cover-imageCointelegraph
March 12, 2025

Cboe BZX files Solana ETF application on behalf of Franklin Templeton

The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States.According to the March 12 filing, Franklin Templeton's proposed ETF will hold spot SOL, and the filing encouraged the Securities and Exchange Commission to allow the fund to stake its underlying crypto for additional rewards. “Not staking the Fund's SOL would amount to waiving the Fund's right to free additional SOL, an act analogous to an equity ETP refusing dividends from the companies it holds,” the filing read.

Positive
cover-imageCoingape
March 12, 2025

Ripple SEC Settlement Set to Happen Soon: Report

The protracted legal battle between blockchain payments firm Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) is reportedly approaching a resolution. Reports indicate that negotiations have intensified, with both sides working to settle the case that has dragged on since December 2020.

Positive
cover-imageCrypto Economy
March 12, 2025

Breaking! Expert Confirms Ripple-SEC Lawsuit Could End Very Soon

TL;DR The lawsuit between the SEC and Ripple is nearing resolution, with ongoing negotiations over the terms of an August ruling. Ripple seeks more favorable conditions in the ruling, arguing that if the SEC offers a “fresh start” to other crypto companies, the same treatment should be applied to the firm.

Positive
cover-imageCryptopolitan
March 12, 2025

XRP News: XRPTurbo Gains Momentum As AI Integration Unlocks New Potential in Ripple Ecosystem

The XRP market has recently encountered headwinds, with prices falling below the $2.25 mark, prompting uncertainty among investors. While many traders speculate about the coin's short-term trajectory, beneath this volatility lies an expanding XRP ecosystem marked by continuous innovation and a growing appetite for decentralized finance (DeFi) projects.

Positive
cover-imageBitcoinist
March 12, 2025

Solana Inflation Set To Plummet Below 1%—Quorum Reached

In a landmark development for the Solana ecosystem, a newly proposed token emission model, known as SIMD 228, has attained quorum with approximately 70% of votes cast in favor. According to a post by research analyst Carlos (@0xcarlosg) on X, voting concludes at Epoch 755, which is set to arrive in under 48 hours.

Positive
cover-imageCrypto Economy
March 12, 2025

ALR Miner Lead Earn up to $28,800 with Solana

The passage of SIMD-228 marks Solana's transition from fixed inflation to a market-driven model, solving the problems of excessive inflation and insufficient incentives. Compared with Ethereum's destruction mechanism and Sui's static inflation, Solana's dynamic design is more flexible, but it still needs ecological feedback optimization.

Negative
cover-imageCointribune
March 12, 2025

Solana's Revenue Plummets 93% in Just Two Months

The rapid rise of the Solana network at the beginning of the year seemed to herald a new era for its ecosystem. Fueled by an unprecedented speculative frenzy around memecoins, the blockchain recorded record revenues, reaching $55.3 million per week.

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