Tag Archives: SEC

Following the German Government, Genesis to Sell Over $3 Billion in Crypto Assets

Crypto Sage

On-chain data reveals that Genesis has sent nearly $830 million worth of Bitcoin and other cryptocurrencies to exchanges in the past month. Over the last month, the cryptocurrency investment community has been focused on the...

SEC Withdraws Investigation into Paxos – BUSD Cleared of Securities Allegations

Crypto Sage

Today’s decision by the SEC means BUSD is free from the “securities” label, marking another victory for the crypto sector. On the evening of July 11, the U.S. Securities and Exchange Commission (SEC) unexpectedly “withdrew”...

Bitwise Continues to Update S-1 Filing, Bloomberg Predicts Ethereum ETF Will Soon Be Open for Trading

Crypto Sage

Entities applying to establish Ethereum ETFs have begun updating their S-1 filings, hoping for early approval from the commission. After the SEC returned the filings last week, Wall Street organizations proposing Ethereum ETFs have started...

SEC Sues Defunct Silvergate Bank

Crypto Sage

Silvergate, the crypto-friendly bank that closed last year, has become the next target of the SEC and U.S. authorities. Silvergate Capital Corporation, the parent company of the collapsed crypto-friendly bank, agreed to pay a $63...

Bitcoin Spot ETFs See Positive Inflows After 7 Days of Outflows

Crypto Sage

On June 25, U.S. Bitcoin spot ETFs recorded a total inflow of $31 million, marking the first positive day after seven consecutive days of outflows. After several days of negative news driving BTC to a...

Ethereum ETF approved: Expert predicts it can reach $10,000

Crypto Holic

Spot Ether (ETH) exchange-traded funds (ETFs) made significant progress on Thursday (May 21, 2024) as the U.S. Securities and Exchange Commission (SEC) approved crucial regulatory filings related to them, marking a major milestone for the...