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The latest Shiba Inu coin news today includes a new narrative that has led investors to build novel SHIB price pathways. The US SEC chair, Paul Atkins, has shared how his focus is to embrace crypto innovation. Atkins is keen on bringing crypto to the mainstream, helping the domain launch projects and products that help elevate the financial trading realm. Will this “crypto innovation” help Shiba Inu gain the ultimate financial credibility and adoption? Also Read: Shiba Inu Millionaire Stories: From Rags to Riches Overnight Shiba Inu: The Dream to Become Mainstream Source: Great Learning Shiba Inu has been through a lot since 2020. The token witnessed one of its remarkable price highs, the one that led early SHIB holders to become millionaires. The token expanded its base post that, penetrating into multiple Web3 branches by launching Shibarium and the Shib Metaverse. Safe to say, Shiba Inu did all it could to become mainstream, offering a stellar series of products and ventures for the...

XRP is regaining momentum as institutional adoption grows backed by a solid technical outlook and growing speculation about potential spot exchange-traded funds (ETFs). However, the market is now mostly focused on the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).  First filed in December 2020, the case is heading toward another pivotal moment as it approaches the August 15 deadline by which the SEC is required to update the appellate court on the status of the dispute. Ripple vs. SEC August 15 deadline: What does it mean? The kernel of the problem is the question of whether Ripple’s XRP sales constituted unregistered securities offerings.  A 2023 ruling by the U.S. District Judge Analisa Torres already found that institutional sales did qualify as securities, while programmatic sales on various exchanges did not. Though Ripple recently withdrew its appeal, the SEC has yet to follow suit.  Judge ...

The cryptocurrency sector has seen incredible returns over the last decade and a half. Major financial institutions have also opened their doors to the budding asset class. Early investors have made generational wealth in the crypto field. While many think it’s too late to make it big with crypto, others believe there is still plenty of time to make enough money to retire early. Also Read: BRICS: Only 33% of Trade Settled in US Dollars Top 3 Cryptocurrencies To Help You Retire By 2035 1. Bitcoin (BTC) Source: Watcher Guru BTC is the original cryptocurrency. BTC is also one of the best-performing assets of the last fifteen years. The asset has outperformed major tech stocks and commodities such as gold and silver. BTC is projected to continue its meteoric rise over the coming years. The asset could hit the $1 million mark by the end of this decade. 2. Ripple (XRP) Source: InsideBitcoin Also Read: Palantir Stock Crashes 12%: Goldman Sachs Predicts What’s Next for PLTR Ripple’s...

Summary ⚈ SEC delays decision on Franklin Templeton’s XRP spot ETF to June 17, 2025, for further review and public input. ⚈ Analysts say the delay is procedural, similar to earlier Bitcoin and Ethereum ETF timelines. ⚈ U.S. approval could boost institutional interest in XRP, which remains below $3. The United States Securities and Exchange Commission (SEC) has extended its timeline for ruling on Franklin Templeton’s proposed spot XRP exchange-traded fund (ETF). The new decision date has been set for June 17, 2025, for the application submitted by the Cboe BZX Exchange on March 13, 2025, as confirmed in a regulatory filing on April 29. According to the application, the Cboe BZX Exchange seeks to list and trade shares of the Franklin XRP Fund under the commodity-based trust shares category. The SEC’s delay was reportedly driven by the need for more time to review the proposed rule change, as permitted under Section 19(b)(2) of the Securities Ex...

XRP 2X ETF has finally received the green light as the SEC clears path for XRP ETF products that are set to launch on April 30, 2025. Right now, ProShares is actively finalizing preparations to introduce three futures-based exchange-traded funds, with the leveraged XRP 2X ETF option generating quite a lot of investor interest and attention. Also Read: Top Three AI Stocks To Buy Now to Rival Nvidia (NVDA) What XRP Investors Should Know About Market Volatility and ETF Launch Source: CoinMarketCap The XRP 2X ETF development comes at a time when market volatility in crypto continues to challenge investors in many ways. These structured products aim to provide more regulated exposure options despite all the ongoing price fluctuations that we’re seeing. ProShares XRP ETF Details ProShares‘ strategic approach includes three distinct XRP 2X ETF variants: a leveraged fund, along with short and also ultra-short alternatives. The SEC clears path for XRP ETF launch after no formal objec...

From the day the Jay Clayton-chaired Securities and Exchange Commission (SEC) filed its lawsuit against Ripple in December 2020, the final outcome has been up for debate. According to one side, commissioners would obviously prevail on the merits of SEC v. Ripple et al. In contrast, investors who appreciated the thousands of percentage point gains in XRP’s price since its Initial Coin Offering (ICO), found it hard to sympathize with the SEC’s attempt to protect investors from non-existent harm.  The lawsuit was born into controversy. Clayton resigned as chairman one day after commissioners jointly filed their SEC lawsuit, suspiciously stepping down from his term six months early. Without explaining itself, the SEC also dropped its personal charges against Ripple co-founders Chris Larsen and Brad Garlinghouse.  As litigation dragged on, certainty about any particular outcome faded. Ripple’s well-paid lawyers guided the suit through proceedings for years with no final decisi...

Litecoin (LTC) is experiencing a surge over the last 24 hours amid the SEC beginning its review process for several crypto ETF filings. Indeed, The SEC has acknowledged CoinShares’ filings to list XRP and Litecoin ETFs on Nasdaq. This is one of several crucial steps towards approval and overall regulation of the crypto industry. LTC traded as much as 10% higher on Wednesday and currently sits at over $135. Litecoin (LTC) was one of the earliest cryptocurrencies to enter the market. Despite its popularity and growth rate back in the day, LTC took a backseat during the last few years. The altcoin was sidelined as the market welcomed a plethora of new assets. This, however, did not stop the asset from making a comeback. The news of a Litecoin exchange-traded fund (ETF) garnering approval has put LTC under the spotlight. Now, the LTC ETF is a step closer to approval, sparking positive price momentum. SEC Begins LTC ETF Review Process The SEC will open a 21-day public comment period for the...

XRP’s price has skyrocketed in recent days, fueled by speculation of a favorable resolution to Ripple’s ongoing legal battle with the SEC following the resignation announcement of Gary Gensler, the SEC Chairman.  Ripple’s fight with the SEC over the classification of XRP as a security has weighed on the token’s price for years. Gensler’s exit could pave the way for a less aggressive regulatory stance, boosting investor confidence. On January 20, 2025 I will be stepping down as @SECGov Chair. A thread ️ — Gary Gensler (@GaryGensler) November 21, 2024 Trading at $1.40, XRP is up 23.79% in the last 24 hours, 72.31% over the week, and a staggering 164.60% over the past month. With its market cap surging from $29 billion to $79 billion in just 30 days, XRP’s rally has reignited conversations about its potential to breach the $2 mark. Picks for you ...

Despite a history of flip-flopping on the crypto industry, United States president-elect Donald Trump has suddenly become an enthusiastic advocate for the space and has actively made several eye-catching promises. Now that he’s set to once again assume control of the executive branch, he will have oversight over a variety of different important appointments, the ability to pardon or commute certain sentences, and a demonstrated willingness to use the bully pulpit to advocate for policies that he believes in. As we prepare for the next several years, Protos has collected several crypto promises that Trump has made and that we will be watching closely. Trump win opens door to many pro-crypto government appointments Read more: Tether’s dreams come true with Donald Trump victory Gary Gensler and Ross Ulbricht could both be out One of the things that Trump promised — to extraordinary cheers at the Bitcoin Conference — was that he would fire Gary G...

Ripple chief legal officer Stuart Alderoty says the recent filing by the US Securities and Exchange Commission (SEC) in its case against Ripple Labs does not appeal the ruling that XRP is not a security. Alderoty’s comments follow an Oct. 16 Form C filing by the SEC with a pre-judgement statement against certain aspects of the court’s summary judgment.  Alderoty Says Court Decision Regarding XRP’s Security Status “Stands As The Law Of The Land” Ripple defense attorney James Filan shared the filing on Oct. 17. In their appeal, the SEC asks the court to review its decisions related to Ripple’s XRP sales through exchange platforms. It also requests the court to review the ruling on the personal sales executed by Ripple executives Brad Garlinghouse and Chris Larsen . The SEC went on to argue that Larsen and Galinghouse violated securities laws by offering and selling XRP. It also said that they both “aided and abetted Ripple’s viola...

Although the prolonged courtroom standoff between blockchain company Ripple and the United States Securities and Exchange Commission (SEC) may be over, the regulator does not seem keen on giving up just yet, and it has recently appealed the key ruling in the case. Specifically, the SEC’s legal team has filed a Notice of Appeal of District Judge Analisa Torres’s final ruling from August 7, 2024, according to the court document shared by James K. Filan, a defense attorney and former federal prosecutor, in an X post on October 2. #XRPCommunity #SECGov v. #Ripple #XRP BREAKING: The @SECGov has filed a Notice of Appeal of Judge Torres’s Ruling. pic.twitter.com/j8bLIZQ5LT — James K. Filan (@FilanLaw) October 2, 2024 Ripple v. SEC final ruling As a reminder, Judge Torres issued at the time the final judgment in the Ripple v. SEC case, ordering the blockchain company to pay a $125 million penalty for the institutional sales of XRP (XRP), which was much lower than...

A New York District Judge approved a request by Ripple Labs to pause the $125 million penalty imposed in the company’s ongoing lawsuit with the US Securities and Exchange Commission (SEC). The order, signed by Judge Analisa Torres of the Southern District of New York, grants both Ripple and the SEC additional time to appeal the recent ruling. Despite the pause, Ripple executives, including CEO Brad Garlinghouse, have indicated they have no plans to appeal the decision. Garlinghouse hailed the ruling as a “victory for Ripple,” while the company’s legal officer, Stuart Alderoty, confirmed that Ripple would “respect the $125 million fine.” The stay in the Ripple SEC case will last for 30 days after the time the appeal expires or the resolution of any appeal in the case.  The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Court’s decision and have clarity to co...

A closely followed trader is offering his two cents on why he thinks memecoins have exploded in popularity among crypto traders. Pseudonymous analyst Jack Sparrow tells his 251,000 followers on the social media platform X that traders are not sinking capital on memecoins because they believe in their fundamentals or whether meme communities will serve as the cornerstone of the future of finance. The trader says memecoins offer something that most crypto assets don’t: a degree of freedom from the hostile hands of the U.S. Securities and Exchange Commission (SEC). “Memecoins are one of the final frontiers that are somewhat in an unregulated untouchable position. Lack of regulation and the degenerates will gamble in PVP (person vs. person) style games and it being one of the few places left possible without restrictions.” According to the analyst, the exact same scenario has played out before such as the launch of decentralized finance (DeFi) and n...

The Ripple vs. SEC proceedings have always been a highlight for crypto enthusiasts. The recent developments have brought in partial wins for Ripple , but the case is still pending in court. A known legal expert, “MetaLawMan,” James Murphy, suggests that there is a possible third way out. The way out could lead both entities to consider a possible legal settlement. Also Read: BRICS: US Dollar Ranks 10 Out of 180 Global Currencies SEC vs Ripple Lawsuit Source: The Coin Republic While being interviewed on a podcast dubbed “Thinking Crypto,” Murphy was quick to predict fresh outcomes. The new outcome in the Ripple vs. SEC case includes a new route for the concerned parties. Murphy outlined how changes in the US Presidency soon can possibly trigger an overall change in the crypto regulatory arena, which could eventually lead the SEC and Ripple to resolve their legal battle proceedings. Also Read: US Dollar Retreats as Investors Await Inflation Report He la...

A SIM swap attack on the U.S. SEC’s Twitter account led to a false tweet about Bitcoin ETF approval , briefly disrupting the cryptocurrency market. On Jan. 10, the U.S. Securities and Exchange Commission (SEC) experienced a cybersecurity breach, resulting in a misleading tweet about spot Bitcoin ETFs from its official account. This incident, caused by a SIM swap attack, briefly stirred confusion in the cryptocurrency markets. The SEC explained the situation in a statement: “The unauthorized party obtained control of the SEC cell phone number associated with the @SECGov account in an apparent ‘SIM swap’ attack .” This allowed the attack er to reset the Twitter account’s password and post the false announcement . The SEC also admitted that multi-factor authentication, a crucial security feature, was disabled for its Twitter account since July 2023. This decision contrasts with the general cybersecurity recommendations previously endorsed by SEC C...