SEC News & Analysis

The community has linked the 88% spike in the price of the Reserve Rights token to Donald Trump, who is likely to pick Paul Atkins as the next SEC chair.

Crypto exchange DMM will liquidate after suffering a $320 million hack back in May.

Coinbase CEO Brian Armstrong said the exchange stopped working with law firm Milbank after it hired former SEC official Gurbir Grewal.

Government participation in crypto hasn’t always had great outcomes for the space, with the SEC under the Biden administration causing plenty of headaches for firms.

Spot Bitcoin ETF provider WisdomTree became the fourth firm in the US to submit a Form S-1 filing for a spot XRP ETF with the SEC.

Donald Trump’s election win, an anticipated conclusion to the SEC lawsuit and an expected stablecoin project may have contributed to the XRP price surge.

XRP has made a historic comeback as the third-largest coin by market cap, the number of “XRP” Google searches breaking above “crypto.”

The president-elect’s new SEC chair will likely withdraw from lawsuits aimed at forcing crypto to follow Wall Street rules.

The SEC claims Touzi Capital misled investors by stating their funds would finance crypto mining operations, but instead used them for unrelated expenses.

Analysts are expecting Ether and altcoins like XRP to stage a significant rally leading into Trump’s inauguration on Jan. 20, which also marks the last day of SEC Chair Gensler.

This week’s Crypto Biz explores Singapore Gulf Bank’s plans to acquire a stablecoin firm, Binance delisting tokens, Cantor Fitzgerald’s stake in Tether and the first DOGE ETP.

Ether’s price is set for a boost above $4,000 as Trump prepares to take office on Jan. 20, which also marks the last day of work for SEC Chair Gary Gensler.

MF Bond Report for AMHIX

Paul Atkins is expected to push for policies that favor digital assets, a shift that could drastically change the current regulatory landscape for cryptocurrencies.

Bitwise’s 10 Crypto Index Fund was launched in November 2017, with the bulk of the index fund comprised of Bitcoin and Ether.

Kristoffer Krohn unsuccessfully argued in his appeal that the SEC had not established that the Green Boxes were securities offerings or investment contracts in its complaint.

Gary Gensler is going, but the lawsuits against crypto firms may continue — until Congress defines how securities laws apply to digital assets.

So much for tariff gradualism under a Treasury Sec. Bessent.

Prometheum was the rare crypto firm to find favor with the Chairman of the SEC.

In the most recent trading session, CleanSpark (CLSK) closed at $14.95, indicating a -0.99% shift from the previous trading day.

This state-level filing is seen as a preliminary step toward SEC approval.

Bath & Body Works (BBWI) delivered earnings and revenue surprises of 6.52% and 1.99%, respectively, for the quarter ended October 2024. Do the numbers hold clues to what lies ahead for the stock?

Namibia’s growing oil and gas industry convinced HAL to open new facilities to provide better oil field services.

Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties.

The SpaceX CEO already agreed to reimburse the SEC $2,923 to cover airfare for the trio of agency lawyers he stood up in Los Angeles in September.

Donald Trump has not yet named his pick for SEC chair to send to the Senate, but Commissioner Mark Uyeda offered a preview of the regulator’s approach to crypto in 2025.

On the heels of Chair Gary Gensler’s resignation, SEC Commissioner Jaime Lizárraga has also decided to step down from his role at the agency.

The former investment banker never shies from a fight, yet has said he’ll resign from his SEC chair post the same day Donald Trump begins his regulation-slashing presidency.

Bitcoin price closes in on $100,000 as postelection crypto rally continues. SEC Chair Gary Gensler to quit.
The post Bitcoin Looks Past $100K As SEC Chair Gary Gensler Plans To Step Down appeared first on Investor's Business Daily.

Crypto users celebrated as SEC Chair Gensler announced his resignation, but Trump’s nominee will face confirmation hearings in the US Senate.