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The Bitcoin Cash price tumbled a fraction of a percent in the past 24 hours to trade at $581.49 as of 4:00 a.m. EST even as giant fund manager Grayscale seeks regulatory approval for a BCH ETF (exchange-traded fund). Grayscale submitted a series of US Securities and Exchange Commission (SEC) filings on Tuesday seeking approval for ETFs tracking Bitcoin Cash, Hedera, and Litecoin. The fund manager aims to convert its existing closed-end trusts for these assets into ETFs that will be listed primarily on the NYSE Arca or Nasdaq. Grayscale used this exact method to convert its BTC and ETH trusts into exchange-traded products in 2024. Grayscale filed an S-3 for a Bitcoin Cash ETF and Litecoin ETF and an S-1 for a Hedera ETF — unfolded. (@cryptounfolded) September 9, 2025 The filing for the ETFs comes as the US SEC pushed back its decision on Nasdaq’s bid to list the Grayscale Hedera Trust to November 12.   Meanwhile, several issuers are on the move to seek ap...

The Ripple v. U.S. Securities and Exchange Commission (SEC) case has been going on for over four and a half years now.  Today, however, could prove pivotal, as June 16 marks the deadline for the SEC to submit a status update to the U.S. Court of Appeals for the Second Circuit, disclosing whether a settlement has been reached or if the appeal proceedings are set to continue.  On June 12, the two parties filed a revised joint motion with a Manhattan federal court to release the $125 million civil penalty held in escrow. Both sides cited past legal precedents to support their position and renewed their request for the judge to provide an indicative ruling. If Judge Analisa Torres approves the new motion, both parties are expected to drop their appeals and potentially clear the way for a full resolution.  XRP price analysis XRP gained 1.18% on June 15 as excitement before the deadline grew. At press time, the token is trading at $2.27, up 4.79% as ant...

Lawyer Bill Morgan has called out what he described as the biggest lie regarding XRP’s lack of perceived legal clarity.  Morgan, a supporter of Ripple and XRP, was responding to an X user on June 1 who argued that XRP has no legal standing, lacks major institutional support, and plays no role in central bank digital currencies (CBDCs). He firmly rejected that claim, citing Judge Analisa Torres’s July 2023 ruling, which determined that XRP, as a digital asset, is not inherently a security. This is a lie. XRP has been found by a judge not itself to be a security. The SEC Appeal did not challenge that finding. To say XRP has no legal clarity is the biggest lie I have seen in crypto this year. https://t.co/6x1AycUxja — bill morgan (@Belisarius2020) June 1, 2025 The ruling made a clear distinction: while Ripple’s institutional sales were deemed securities transactions, programmatic sales on exchanges were not. Although the SEC appeale...

XRP is witnessing a notable decline in investor confidence, with its market capitalization dropping by over $16 billion in the past week. This downturn coincides with the U.S. Securities Exchange Commission’s (SEC) decision to postpone its ruling on 21Shares’ proposed spot XRP exchange-traded fund (ETF), as outlined in a filing on May 20. A week ago, XRP’s market capitalization stood at $153.56 billion. As of press time, the figure has fallen to $137.45 billion, a decline of $16.11 billion.  The token is currently trading at $2.34, reflecting a price drop of nearly 10% over the same period. XRP market cap chart. Source: CoinMarketCap SEC delays spot ETF approval In announcing the delay, the SEC stated it would extend the review period to assess whether the proposed 21Shares Core XRP Trust complies with Section 6(b)(5) of the Exchange Act.  This provision mandates that ETF products implement adequate safeguards against fraud an...

Having soared 41.38% in a month, Dogecoin (DOGE) experienced some selling pressure on the morning of May 15, which dropped its price by 2.65% to $0.23 on the daily chart. DOGE 30-day price chart. Source: Finbold Although the latest move was downward, DOGE’s performance remains primarily driven by the wider cryptocurrency market positivity and regulatory developments such as the Securities and Exchange Commission (SEC) acknowledgment of 21Shares’ updated filing for a spot Dogecoin exchange-traded fund (ETF). With retail interest surging, the odds of regulatory approval rising, and volatility soaring, Finbold consulted ChatGPT-4o about where the popular meme coin is likely to stand on June 1, 2025. ChatGPT sets DOGE price target for June 1, 2025 The artificial intelligence (AI) platform was swift to zero in on the staggering rise in Dogecoin addresses, given they skyrocketed from 74,640 to 469,477, together with the meme coin’s price. The soar in DOGE ne...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

On Tuesday, April 21, Paul Atkins was sworn in as the new chairman of the Securities and Exchange Commission (SEC). On Thursday, April 24, the SEC will hold a closed meeting — and many are speculating, could it augur the conclusion of the longstanding Ripple v. SEC case? Sunshine Act notice regarding the April 24 SEC meeting. Source: SEC Despite Ripple Labs Chief Executive Officer (CEO) Brad Garlinghouse’s March 19 announcement that the case was concluded, a binding, legal resolution has not yet been reached.  In the meantime, XRP has experienced negative price action. The token’s price has decreased by 17.64% from a post-announcement high of $2.55 down to $2.10 at press time, with year-to-date (YTD) gains standing at 0.83%. XRP price year-to-date (YTD) chart. Source: Finbold While the token has found a strong zone of support at $2, without a bullish catalyst, a breakout above the crucial $2.20 level of resistance seems unlikely. Let’s examine the likelihoo...

Digital asset management giant Grayscale hopes to launch an Avalanche (AVAX) exchange-traded fund (ETF) in the US. The Nasdaq Stock Market submitted a proposal this week to the U.S. Securities and Exchange Commission (SEC) to list and trade shares of Grayscale Avalanche Trust, which would be entirely tied to the price of the layer-1 project’s native asset, AVAX. Grayscale isn’t the first financial giant to file for an Avalanche ETF. Documents submitted to the state of Delaware earlier this month suggest VanEck also hopes to launch a fund tied to the Ethereum (ETH) rival. Coinbase Custody will serve as the custodian for Grayscale’s Avalanche ETF if it’s approved. The crypto asset manager also hopes to launch funds tied to Cardano (ADA), Solana (SOL), XRP and Hedera (HBAR). The SEC greenlit the first spot market Bitcoin (BTC) ETFs in January 2024, bringing in billions of dollars worth of inflows to the top digital asset by market cap. The re...

Ripple (XRP) is currently on a warpath. With its recent inclusion in Trump’s strategic crypto reserve, XRP has documented a new high in the process, surging to sit at $2.54 at press time. However, XRP has many more critical price levels to ace for now, with developments in queue that could support its meteoric price hike. For instance, XRP ETF approval, followed by its case with the SEC finally concluding, could prove to be game-changing events for the token. In addition to this, XRP has already laid its path ahead and is now targeting new price spots in the process. Here’s how one analyst thinks XRP may claim $13 in the long haul. Also Read: Shiba Inu: SHIB Price Prediction For Mid-March 2025 Kangaroo Leap In Store For Ripple? Source: Bitcoin.com Ripple (XRP) is currently one of the market’s favorites. The token has documented a steep high of $2.80, post the announcement of the token being added to the cryptocurrency reserve by Trump. XRP has stabilized since then, sitting ...

Amid the ongoing overhaul of the US crypto policy and one of its key agencies, the US Securities and Exchange Commission (SEC) reportedly intends to dismiss its enforcement case against the Coinbase cryptocurrency exchange. Indeed, the agency has agreed, in principle, to drop the lawsuit, according to a report from the Wall Street Journal. The decision is now only pending the approval of key commissioners but could signal yet another turn toward embracing the asset class for the Trump administration. Since he was inaugurated in January, the SEC has sought to overhaul its stance regarding the emerging industry. JUST IN: SEC agrees in principle to dismiss enforcement case against Coinbase. — Watcher.Guru (@WatcherGuru) February 21, 2025 Also Read: SEC Launches Cyber Unit to Combat Cryptocurrency Fraud SEC Agrees to Dismiss Coinbase Lawsuit Pending Final Approvals The last several years have seen the SEC form a rather combative stance opposing the cryptocurrency sector. Under Gary Gensle...

Exchange-traded funds (ETFs) have been making headlines over the past couple of weeks. Altcoins were taking the front stage. With Donald Trump’s pro-crypto stance and Elon Musk’s addition to the government, Dogecoin (DOGE) is expected to shine brighter than its counterparts. While the asset has struggled to make it past the $1 mark for years now, the community is betting on $2 if an ETF gets approved. Also Read: Crypto To Power 10% of Global Economy by 2030, Coinbase CEO Affirms Dogecoin’s Current Market Source: Watcher Guru The entire market was drowning in the red sea throughout the past week. Meme coins weren’t spared either. Despite this, Dogecoin pocketed gains of over 5% over the last seven days. At the time of writing, the OG meme cryptocurrency was trading at $0.2630 following a daily uptick of nearly 2%. Source: CoinMarketCap The asset’s latest rise was linked to Grayscale’s ETF application. The firm’s Form 19b-4 submissions for the Gra...