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Tag: Ripple

Why Bitcoin Soars High on ETF Hype

Why Bitcoin Soars High on ETF Hype

Bitcoin (BTC) briefly rose above $35,000 for the first time since May 2022, driven by speculation that U.S. regulators will soon approve a Bitcoin exchange-traded fund (ETF). The price of BTC reached $35,086 on Tuesday, up over 17% in 48

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Everything But Bitcoin Is a Security Says SEC

Everything But Bitcoin Is a Security Says SEC

The U.S. Securities and Exchange Commission (SEC) has delivered its verdict on what is and is not a security, and the financial governing body has ruled that if it’s a cryptocurrency that’s not called Bitcoin – it’s a security. The

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SEC Contemplates XRP Verdict Appeal in Ripple Labs Case

SEC Contemplates XRP Verdict Appeal in Ripple Labs Case

Following the recent court verdict favouring XRP in the Ripple Labs lawsuit, the U.S. Securities and Exchange Commission (SEC) hints at a possible appeal.  The regulator believes this decision contradicts established securities laws principles. Besides, it challenges the time-honoured Howey

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