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The Most Important Developments in the Ripple v. SEC Trial: Two Week Recap

TL;DR The legal confrontation between Ripple and the SEC intensifies, with recent filings focusing on whether a key witness’s declaration is standard evidence or unsolicited expert testimony. As both parties…

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Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle

Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and…

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House Approves Resolution to Overturn SEC’s Crypto Rules — Biden Threatens to Veto

The U.S. House of Representatives has passed H.J. Res. 109, a resolution aimed at overturning the Securities and Exchange Commission’s SAB 121 regulations on digital assets. The resolution seeks to…

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Important Ripple v SEC Lawsuit Updates, Bitcoin (BTC) Price Volatility, Solana Price Predictions: Bits Recap May 9

TL;DR BTC has been hovering between $59,000 and $65,000 in the past several days, settling around $61,700. Optimistic forecasts suggest a potential rise to $74,000 due to technical patterns and…

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Crypto Wallet Firm Exodus Faces Unexpected Setback in NYSE Uplisting Plan

Exodus Movement, a crypto wallet company, announced that its planned listing on NYSE American will not proceed as scheduled due to the U.S. Securities and Exchange Commission (SEC) still reviewing…

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Coinbase Legal Chief Urges SEC Chair to Stop Misleading the Market About Crypto Tokens Being Securities

Coinbase’s chief legal officer has publicly urged U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to stop misleading the market regarding crypto tokens being securities. His request followed Gensler’s…

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Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval

Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst…

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