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The US Securities and Exchange Commission (SEC) dropped a lawsuit against Helium developer Nova Labs yesterday and has filed a joint motion with Ripple to pause its appeal against the cryptocurrency firm.  In Helium’s case, the SEC has dismissed the suit filed against Nova Labs in January this year that accused it of issuing Helium tokens as unregistered securities. This prompted Helium to proclaim, “We can now definitively say that all compatible Helium Hotspots and the distribution of HNT, IOT, and MOBILE tokens through the Helium Network are not securities.” Separate from this case, Helium had previously lied about various big-name advertisers, while Forbes discovered that its native token was mostly held by insiders . Protos also reported how Helium’s founder, during turmoil with FTX and its partner Solana, started a professional racing team. Meanwhile, Ripple and the SEC filed a joint motion on Thursday that seeks to pause the SEC’s appeal and reach a “neg...

Bitcoin was trading at the $6,695 price range on March 26, 2020, and was yet to skyrocket in the charts. The leading cryptocurrency began reeling under pressure due to the worldwide Covid-19 lockdowns. The broader financial markets, including the stock, commodities, and cryptocurrency markets experienced a major downturn during this period. It was the best buying opportunity as leading financial assets slipped south and were available at cheaper prices. Also Read: Shib Finance Set to Revolutionize DeFi: How It’s Changing Crypto Lending Source: Coingecko If you had invested $10,000 in Bitcoin five years ago, you would have made massive returns now in 2025. BTC steadily scaled up in the charts expected for 2022 and early 2023 when it entered the bearish territory. The top cryptocurrency rallied hard in May 2021, and early and late 2024. Investors who held on to BTC for five years have made remarkable profits ballooning their wallets. Bitcoin: $10,000 Invested 5 Years Ago Is Worth This Mu...

The U.S. Securities and Exchange Commission (SEC) is officially dropping its lawsuit against Ripple Labs, according to CEO Brad Garlinghouse. In a new video update on the social media platform X, Brad Garlinghouse says that the regulatory agency is dropping its appeal in its lawsuit against the firm, which it originally filed in December 2020 for allegedly selling unregistered securities. “I’m finally able to announce this case has ended – it’s over. Sitting here today and reflecting on four years ago, it seems very clear to me that this case was doomed from the start. In so many ways, it was the first major shot in the war on crypto. I truly felt like I knew then that not only was Ripple on the right side of the law, but I felt that we were also going to be proven to be on the right side of history… Ripple is the first company with the resources, determination, and grit to fight back against the agency’s overreach, and today this journey ...

XRP has managed to carve out a dominant position in a high-demand niche for itself. In spite of that success, the longstanding lawsuit between Ripple and the Securities and Exchange Commission (SEC) has been a stone around the cryptocurrency’s neck. While the victory of Donald Trump, largely seen as the pro-crypto candidate of the 2024 election, was initially taken as a bullish catalyst. The SEC has, indeed, dropped several cases since Gary Gensler’s exit.  Most notably, under the tenure of acting chair Mark Uyeda, the SEC has dropped its lawsuit against Coinbase. However, the regulatory body’s legal battle with Ripple has yet to be concluded. Despite widespread optimism and numerous rumors, the latest official developments in the case are months old. Picks for you XRP whales load up on 150 million tokens — should you buy the dip? ...

XRP as America’s strategic asset has recently emerged as a compelling topic in the financial sector following a detailed proposal that was submitted to the SEC suggesting the cryptocurrency could serve as a strategic financial tool for the United States. The document, authored by financial advisor Maximilian Staudinger, has catalyzed discussions across various major cryptocurrency forums. Also Read: Dogecoin Prediction: AI Sets DOGE Price For March 20, 2025 XRP as a Potential Reserve Currency Amid Regulatory and Adoption Challenges Source: Bitcoinist The Staudinger Proposal on the SEC Website The SEC recently published a document proposing XRP as America’s strategic asset. This generated considerable attention throughout the financial community and also crypto enthusiasts. The proposal outlines how integrating XRP into the U.S. banking system could unlock substantial capital currently tied up in global Nostro accounts. According to the detailed assessment provided in the doc...

The US Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against Metamask developer Consensys and also dismissed its case against crypto exchange Coinbase as the Trump-era regulatory shift gathers pace. Ethereum co-founder and Consensys founder Joseph Lubin said in a Feb. 27 post on X that the SEC has agreed to file a motion that will end its case against Consensys. The conclusion of the litigation is still subject to final approval from the regulator. Change In SEC Leadership Marks The Beginning Of Regulatory Shift Consensys lawyer Bill Hughes said in a recent interview that the SEC’s agreement to drop its enforcement action against the company was fairly straightforward, adding that the regulator’s litigation team “understood that the SEC was going to be moving in a new direction.”  According to Hughes, the SEC’s decision is due to its change of direction under the pro-crypto Trump administration. “There was defini...

The U.S. SEC’s ongoing lawsuits against crypto firms like Ripple, Binance, and Coinbase have created regulatory uncertainty, slowing down new crypto listings . With Donald Trump’s pro-crypto stance, recent pauses in cases suggest potential shifts in enforcement, influencing market sentiment positively. Investors remain cautious, as regulatory clarity is crucial for decisions on new crypto investments and market participation. Ripple’s partial resolution in 2024, where XRP was deemed a security only in specific cases, highlights the SEC’s complex stance. This ambiguity affects how companies approach new crypto launches, as compliance risks deter innovation and market growth. Despite fines and appeals, the evolving regulatory landscape continues to shape investment strategies and market dynamics. New Cryptocurrency Releases, Listings, & Presales Today Node Sphere AI simplifies AI agent creation with a user-friendly web and mobile interface. Levia_us develops...

SEC extends the review period for Bitwise’s multi-crypto fund conversion to the exchange-traded product until March. The $1.4 billion fund currently holds ten cryptocurrencies, with Bitcoin dominating the portfolio allocation. This regulatory scrutiny creates uncertainty for cryptocurrency products transitioning to regulated exchange environments. Investment sentiment remains cautious as markets await the SEC’s decision on multi-crypto investment vehicle structures. The potential approval could significantly improve liquidity and reduce manipulation risks in cryptocurrency trading. New crypto listings are adapting their strategies to align with evolving regulatory frameworks. New Cryptocurrency Releases, Listings, & Presales Today Cerebro’s strategic partnerships with Tesseract AI and ZORA enhance its trading ecosystem and market connectivity. Cryptify AI redefines social media marketing with AI-driven insights connecting on-chain data to performance metrics. A...

Thanks to Gary Gensler announcing his resignation as the Securities and Exchange Commission (SEC) Chair for January 20 and Donald Trump bringing with him a historically crypto-friendly administration to power, late 2024 was an exceptional period for Ripple Labs and for XRP. Following such developments, 2025 appears like another strong year for the company and for the separate XRP token, as the wider digital assets sector is set to enjoy an amicably disposed U.S., and the broader bull market is expected to persist. Today, here in the US, we welcomed the 119th Congress—better known as the most pro-crypto Congress in history. The journey is just beginning, but you can’t deny the energy & excitement already building across the industry. Let’s get to work. — Brad Garlinghouse (@bgarlinghouse) January 3, 2025 Why XRP might rally in January XRP, in particular, is expected to continue its rocketing as Ripple’s long-standing legal battle with the SEC might conc...

Base, an Ethereum Layer Two blockchain network, has climbed in rankings, becoming the fourth most-traded blockchain network in the global non-fungible token ecosystem. This notable market milestone is most likely associated with its creator’s recent appeal case victory against the United States Securities and Exchange Commission. Base NFT sales volume has surged over 52% in the past 24 hours. 🚨News: @coinbase wins appeal in SEC's 2023 lawsuit accusing it of operating as an unregistered exchange, declaring SOL and other cryptocurrencies as securities. Case heads to U.S. Court of Appeals, with potential industry-wide impact. pic.twitter.com/SobH8tjMN6 — SolanaFloor (@SolanaFloor) January 7, 2025 Base Emerges The 4th Top NFT Blockchain Network Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that the Base blockchain network has surged in trading sales volume. In the past 24 hours, the Ba...

Prominent asset manager and exchange-traded fund issuer Wisdom Tree is reportedly filing for an XRP ETF product. According to Eleanor Terret of Fox News, $100 billion asset manager Wisdom Tree has registered for an XRP ETF in the state of Delaware. “NEW: Global ETF provider WisdomTreeFunds has registered in the state of Delaware for an XRP ETF. I have confirmed with the company this is a legitimate filing. Wisdom Tree has over $100 billion in assets under management.” Source: Eleanor Terret/X Earlier this month, asset manager 21Shares also filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC). The proposed product, called “the 21Shares Core XRP Trust,” aims to be a passive investment vehicle that tracks the price of the payments-focused crypto asset. 21Shares and Wisdom Tree aren’t the first firms to try and get XRP products off the ground. Bitwise Asset Management, the largest digital asset index fund mana...