Analysis News Today TheBitTimes.com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The entire cryptocurrency industry was seen celebrating after Ripple’s CEO Brad Garlinghouse confirmed that the US Securities and Exchange Commission (SEC) had finally dropped its case against Ripple. This not only prompted the price of XRP to rise, but it also came as bullish news to the entire market. The XRP community is looking forward to the altcoin surging to a new high this year. Also Read: Pakistan Eyes Cryptocurrency Legalization to Attract Global Investors How High Did XRP Rise Over the Past 24-Hours? Source: Watcher. Guru Within a span of 24 hours, the altcoin went from trading at a low of $2.28 to a high of $2.57. This marks a notable uptick of 6.68% during this period. At the time of writing, the asset encountered a slight correction and was trading at $2.45. Source: CoinMarketCap It is worth noting that the asset encountered a much bigger rise earlier this year. XRP stunned the market as it broke its seven-year curse and hit a high of $3.39. This is significantly clo...

Bitcoin acquisitions have taken center stage right now as Strategy announces a $500 million stock offering aimed at significant bitcoin accumulation. This bold move could potentially result in over 100,000 BTC added to their treasury, which would make it perhaps the largest corporate cryptocurrency investment that we’ve seen to date. Source: SEC.gov Also Read: Buy Silver Now: XAG/USD To Reach $35, Spike 15% YTD Strategy’s $500 Million Stock Offering to Supercharge Bitcoin Acquisitions Source: Bitcoin.com Strategy, formerly known as Microstrategy, has recently unveiled plans to offer 5 million shares of its Series A Perpetual Strife Preferred Stock (STRF). This public offering, which falls under the Securities Act of 1933, is actually dependent on market conditions and other factors. Stock Offering Details The preferred stock includes a fixed 10% annual dividend rate, with payments expected to start around June 30, 2025. The dividend rate could increase up to 18% if payments ...

The Securities and Exchange Commission (SEC) is dropping crypto lawsuits like flies as its regulatory scope dramatically changes under Donald Trump’s new administration  Indeed, it’s dropped legal action against six major crypto firms already this month. This week, Consensys founder Joseph Lubin revealed that the SEC agreed to drop its lawsuit targeting the wallet tool MetaMask. On Wednesday, the SEC closed its investigation into the Winklevi-owned crypto exchange Gemini. Cameron Winklevoss celebrated the dismissal and demanded that the individuals responsible for the legal action be fired publicly .   On Monday, the SEC informed our litigation counsel @JackBaughman27 that it has closed its investigation into @Gemini and will not be pursuing an enforcement action against us. This comes 699 days after the start of their investigation and 277 days after they sent us a Wells… pic.twitter.com/dTjg9CJXVl — Cameron Winklevoss (@cameron) February 26, 2025 Cameron ...

In what is a massive development for the cryptocurrency market, Grayscale has officially filed for a Spot XRP ETF with the New York Stock Exchange (NYSE). Indeed, a recent filing with the US Securities and Exchange Commission (SEC) revealed the latest filing to bring the crypto investment vehicle to market. Grayscale joined five asset managers, including Bitwise and WisdomTree, as prospective issuers of the exchange-traded fund. Moreover, the firm is also seeking to issue a Spot Solana ETF in what would be a game changer for the industry that has enjoyed a massive shift in policy within the United States. JUST IN: Grayscale files for Spot $XRP ETF with the NYSE. — Watcher.Guru (@WatcherGuru) January 30, 2025 Also Read: Ripple President Says Spot XRP ETF is ‘Next in Line’ Grayscale Files for XRP ETF as Altcoin’s Look to Join Bitcoin and Ethereum It is incredible to fathom how fast things have changed for the digital asset sector in the United States. Just last year, Ripple was enga...

Sitting members of the U.S. House of Representatives and Senate have an informational edge over the public. Worse still, they regulate the very industries they so often invest in — and they tend to secure impressive returns for themselves in the process. The cryptocurrency space, however, is much less regulated on the whole — and politicians on Capitol Hill have a much smaller advantage when it comes to this asset class. But, with the outsized returns that cryptocurrencies have provided, it was only a matter of time before lawmakers began to dip their toes in the water, so to speak. In many ways, 2024 was a year of firsts — we saw the first congressional meme coin purchase from Georgia representative Michael Collins, who purchased Ski Mask Dog (SKI) in early December, as well as the first congressional purchase of XRP — which was executed by Pennsylvanian representative Guy Reschenthaler on December 11. ...

After a relatively protracted stagnation between approximately $94,000 and about $99,000, Bitcoin (BTC) finally broke above $100,000 late on Wednesday, December 4, and even almost climbed to $104,000 during the upswing. Though such a move is undoubtedly good for BTC bulls and ensures the majority of long positions are in the green, it bodes ill for those investors who wagered the world’s premier cryptocurrency could not sustain the positive momentum. Specifically, at press time on December 5, $110,000 is shaping up to be a highly painful level for those who bet Bitcoin’s price will drop. Approximately $8 billion worth of shorts will be liquidated once it is reached, according to data retrieved by Finbold from CoinGlass on Thursday. Picks for you Here's how much NYC mayor Eric Adams is up his Bitcoin bet 12...

Following the lead of several firms that have already taken the step, 21Shares has become the latest to file for an XRP ETF with the US Securities and Exchange Commission (SEC). Indeed, a filing made Friday has the firm looking to issue the investment product for Ripple’s native cryptocurrency. 21Shares has now become the third firm to file for the XRP investment vehicle, following both Bitwise and Canary Capital. Moreover, it comes just a week after Ripple CEO Brad Garlinghouse told Bloomberg that an ETF for the token was “inevitable.” https://twitter.com/WatcherGuru/status/1852391226160394516 Also Read: Ripple: Will XRP Hit $1.50 If Bitcoin Reclaims $73,000? 21Shares Becomes Latest to File for XRP ETF With Reluctant SEC The contentious relationship between Ripple and the SEC has been well documented. Both sides have been engaged in a years-long legal battle that has dragged on with both filing to appeal certain rulings. Yet, that hasn’t stopped crypto asset man...

In January of this year, the US Securities and Exchange Commission (SEC) preemptively posted the approval of Spot Bitcoin ETFs in the United States. Now, the man behind that has been apprehended, as the FBI has arrested the SEC X (formerly Twitter) hacker who posted the false news. A press release from the US Department of Justice has announced that 25-year-old Eric Council was behind the unauthorized takeover of the account. According to a statement from the US Attorney’s Office of the District of Columbia, the post led Bitcoin to spike by $1,000. JUST IN: FBI arrests man behind SEC Twitter hack who posted the fake spot #Bitcoin ETF approval. — Watcher.Guru (@WatcherGuru) October 17, 2024 Also Read: SEC Commissioner Admits Crypto Approach Has Been ‘a Disaster’ FBI Arrets Man Who Hacked SEC Twitter, Falsley Posted Bitcoin ETF Approval At the start of the year, the SEC approved the first-ever crypto-based ETF in the United States. The decision was a monumental moment for the...

The US SEC-Ripple (XRP) case needs no further introduction. The intense legal battle has been going on for more than two years and has attracted significant market scrutiny throughout the period. The extensive legal spat has now taken a new turn, as Garlinghouse predicts a new timeline for the Ripple-SEC case to be over soon. Backed by solid evidence in the form of Garlinghouse comments, Bloomberg shared that the case is finally coming to a much-anticipated end. Also Read: Shiba Inu: SHIB Eyes Fresh Gains Amid Massive Burn and Whale Moves Ripple - xrp -here-s-what-happened"> Ripple (XRP): Here’s What Happened In a recent Bloomberg interview, Brad Garlinghouse, CEO of Ripple , shared that the Ripple case with the SEC may soon come to an end. Without sharing much detail, Garlinghouse stated that he expects the legal resolution to arrive sooner, putting a stop to the mayhem that has blocked XRP from claiming its rightful position and reputation within the cryptocurrency realm. Ac...