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TL;DR Ethereum (ETH) surged over 20% this week, nearing $4,000, driven by hopes of SEC approval for spot ETH ETFs. Nonetheless, the official green light led to significant market volatility…
Cryptocurrency lawyer James Murphy, known as MetaLawMan, believes the United States Securities and Exchange Commission (SEC) has gotten into trouble following its approval of spot exchange-traded funds (ETFs) for the…
Industry experts and executives have been discussing the implications of the SEC’s apparent U-turn on Ethereum. Its approval of spot Ether ETFs on May 23 may be a signal that…
Crypto is gaining momentum among U.S. lawmakers. Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress.” This declaration came shortly after the House of Representatives passed the…
The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs). According to a document issued on May 23 that orders grating an…
The U.S. Securities and Exchange Commission (SEC) has officially greenlighted Ether spot ETFs to trade on national securities exchanges. Multiple 19b-4 applications to list the product were approved on Thursday,…
Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler to ensure a uniform and fair treatment in their review of upcoming ethereum…
Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic…
The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden…
The U.S. House of Representatives passed legislation on Monday that will provide long-sought-after legal clarity around how crypto assets should be classified, registered, and custodied. The bill, titled the Financial…