Breaking News: SEC – Market Insights, Analysis & Latest Updates

SEC Chair Gary Gensler to step down as Trump signals pro-crypto agenda

Gary Gensler plans to leave on January 20, 2025, according to a statement released by the agency on Thursday. During his time at the SEC, Gensler led efforts to push for central clearing in Treasury markets, implemented changes on executive pay versus performance and forged on with work to shield investors in crypto markets.

theblock.co • 21/11/2024 - 18:00 PM

SEC

'Checks in the mail': SEC to partially reimburse investors in online advertising blockchain startup BitClave

The SEC is distributing millions of dollars to investors in a failed online advertising blockchain startup. BitClave raised over $25 million in an unregistered initial coin offering in 2017.

theblock.co • 20/11/2024 - 23:51 PM

The Daily: FTX co-founder Gary Wang avoids prison time, BlackRock's Bitcoin ETF sees unprecedented first-day options trading and more

FTX co-founder Gary Wang avoided prison time at a sentencing hearing on Wednesday, according to Inner City Press and Reuters. BlackRock’s IBIT spot Bitcoin ETF achieved nearly $1.9 billion in notional exposure during its first day of options trading on Tuesday. Bernstein analysts named Robinhood the top “crypto deregulation trade,” following Donald Trump’s election win this month, raising their HOOD share price target to $51 — around 45% upside potential. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 20/11/2024 - 18:54 PM

Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51

Bernstein analysts highlight Robinhood as a major beneficiary of potential crypto deregulation under Trump, estimating increased revenues and new listings amid changing regulations.

theblock.co • 20/11/2024 - 10:34 AM

Former SEC general counsel Stebbins on Trump's short list to lead the agency as other contenders emerge

Key names, including former SEC Commissioner and Robinhood Chief Legal Officer Dan Gallagher, former SEC Commissioner Paul Atkins and partner at Willkie Farr & Gallagher Robert Stebbins, could all be reportedly tapped to lead the SEC. As of Tuesday morning, a person familiar with SEC chairmanship talks said that Trump’s team had not yet made a decision.

theblock.co • 19/11/2024 - 19:11 PM

SEC Chair Gary Gensler to step down as Trump signals pro-crypto agenda

'Checks in the mail': SEC to partially reimburse investors in online advertising blockchain startup BitClave

The Daily: FTX co-founder Gary Wang avoids prison time, BlackRock's Bitcoin ETF sees unprecedented first-day options trading and more

Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51

Former SEC general counsel Stebbins on Trump's short list to lead the agency as other contenders emerge

BIT Mining settles with DOJ, SEC for $10 million over Japanese bribery charges

Coinbase CEO to meet Trump to discuss 'personnel appointments': Wall Street Journal

Lawmakers urge Treasury crack down on crypto mixers amid Tornado Cash sanctions

Crypto funds add another $2.2 billion in a week as YTD inflows and AUM hit record levels

Bernstein outlines $200,000 bitcoin target catalysts as price nears fresh all-time high

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