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

President-elect Trump taps crypto-friendly former regulator Paul Atkins to lead the US SEC

Donald Trump nominates Paul Atkins as SEC Chairman, emphasizing digital assets' importance and innovative capital markets, eliciting support from Republican lawmakers and crypto executives.

theblock.co • 04/12/2024 - 18:11 PM

The Daily: South Korea's short-lived military rule sparks record crypto trading volume and more

South Korea's military rule affected crypto markets, HYPE token's value soared, TRON hit new highs, Celsius CEO pleaded guilty, and the U.S. government moved seized crypto.

theblock.co • 04/12/2024 - 14:01 PM

NYSE Arca files to list and trade Grayscale's spot Solana ETF

NYSE Arca files for Grayscale's spot Solana ETF, following optimism in the industry due to recent political changes and previous approvals of bitcoin and Ethereum ETFs.

theblock.co • 03/12/2024 - 22:06 PM

Former Celsius CEO Alex Mashinsky pleads guilty to two criminal counts in NY court: reports

Alex Mashinsky, former CEO of Celsius, pleaded guilty to commodities fraud and price manipulation, facing up to 20 years in prison amid the company's bankruptcy proceedings.

theblock.co • 03/12/2024 - 20:42 PM

Paul Atkins' chances of becoming next US SEC chair rises on Kalshi amid reports that Trump reached out to him

Paul Atkins' chances of becoming SEC chair surged to 90%, with Trump reaching out. Current chair Gensler plans to resign on Trump's inauguration date in 2025.

theblock.co • 03/12/2024 - 18:25 PM

Coinbase CEO says he will not work with law firms that hire crypto-hostile former SEC staff

Brian Armstrong of Coinbase warns law firms against hiring ex-SEC staff viewed as hostile to crypto, emphasizing ethical concerns and the industry's hopes for a new, supportive administration.

theblock.co • 03/12/2024 - 12:45 PM

The Daily: XRP is back in crypto's top three, Michael Saylor advises Microsoft on adopting bitcoin and more

XRP becomes the third-largest cryptocurrency, Michael Saylor advocates for Bitcoin adoption at Microsoft, MicroStrategy purchases more Bitcoin, and a Japanese exchange plans to shut down after a hack.

theblock.co • 02/12/2024 - 18:45 PM

SEC

WisdomTree files with SEC for spot XRP ETF

The WisdomTree XRP Fund would be listed on the Cboe BZX Exchange, Inc. WisdomTree previously registered an XRP entity on Nov. 25 in Delaware

theblock.co • 02/12/2024 - 18:30 PM

Global Ethereum investment products hit $2.2 billion annual inflow record amid US ETF surge

Ethereum-based investment products registered $634 million worth of net inflows globally last week, led by the U.S. spot ETFs, according to CoinShares. As a result, Ethereum funds reached a new annual record of $2.2 billion in net inflows, surpassing the $2 billion peak in 2021. Meanwhile, XRP funds hit a weekly inflow record, while Bitcoin products witnessed outflows.

theblock.co • 02/12/2024 - 15:33 PM

Ethereum ETF staking yield likely to be approved under crypto-friendly 'Trump 2.0' SEC, Bernstein says

Analysts at Bernstein said that despite ether’s underperformance this year, its fundamentals look strong, and the risk-reward ratio is now attractive. The potential for staking yields to be approved for spot Ethereum exchange-traded funds under Trump, the recent inflection in ETF inflows, favorable demand-supply dynamics, and a surge in activity on the blockchain were outlined as factors driving a revival of interest.

theblock.co • 02/12/2024 - 11:29 AM

Currency