Analysts Predicted SEC Dropping XRP Case Since Trumps Election

The recent decision by the Securities and Exchange Commission (SEC) to drop the case against Ripple and its XRP token has been met with speculation in the market. Many analysts believe that this move was already factored into the price of XRP due to uncertainties surrounding the case and the upcoming U.S. presidential election. The [...]

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Acting SEC Chief Considers Dropping Proposed Biden-Era Crypto Custody Rule

The Securities and Exchange Commission (SEC) is considering the possibility of eliminating a proposed rule regarding cryptocurrency custody. The rule in question aimed to regulate the custody of digital assets by broker-dealers and was put forth in light of the evolving landscape of digital assets within the financial industry. However, the SEC has now raised [...]

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SEC Considers Dropping Requirement for Crypto Firms to Register as Exchanges

The Securities and Exchange Commission (SEC) is considering dropping the requirement for cryptocurrency firms to register as exchanges. This potential move could have significant implications for the crypto space, as it may lead to fewer regulatory hurdles for companies operating in the sector. The SEC’s current stance on cryptocurrency exchanges has been a topic of [...]

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Bitwise bullish on pure Bitcoin ETF after dropping futures filing

Bitwise Asset Management has withdrawn its application for a Bitcoin (BTC) futures-based exchange-traded fund (ETF) amid a number of such products launching in the United States. While dropping its futures-linked ETF, the firm is still bullish on a spot Bitcoin ETF, which is designed to track Bitcoin directly, Bitwise chief investment officer Matt Hougan announced […]

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Starknet Trading Debut Sees Initial Excitement Fade As STRK Plummets Over 50%

In a highly anticipated move, Starknet (STRK), an Ethereum (ETH) roll-up protocol, commenced trading on prominent cryptocurrency exchanges including Binance, Bybit, Bitfinex, and OKX on Tuesday.  The tokens launch was accompanied by an airdrop, distributing a staggering 728 million tokens to over one million addresses, making it one of the largest airdrops of the year. [...]

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SEC Favors Dropping Appeal in Crypto Broker-Dealer Rules Case

The Securities and Exchange Commission (SEC) has decided to withdraw its appeal in the ongoing case involving a crypto broker-dealer. This development marks a significant moment in the legal battle surrounding cryptocurrency regulations. The SEC’s decision to pull the appeal could have far-reaching implications for how crypto-related businesses are viewed and regulated in the future. [...]

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Why Maker (MKR) price is dropping after MakerDAO launched Spark

The price of Maker (MKR) has been on the decline even after MakerDAO launched the Spark protocol yesterday. At press time, MKR was trading at $671.41, down 5.41% over the last 24 hours. The new Spark Protocol, which started operating today is available for all users to lend and borrow Ethereum (ETH), stETH, DAI, and …

<p>The post Why Maker (MKR) price is dropping after MakerDAO launched Spark first appeared on CCNC | Cryptocurrency Newscast.</p>

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