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SEC Chief Gary Gensler Hints Ethereum’s Move To Proof-of-Stake Might Transform ETH Into A Security

SEC Chief Gary Gensler Hints Ethereum’s Move To Proof-of-Stake Might Transform ETH Into A...

Ethereum’s milestone switch from the proof-of-work to proof-of-stake might have just put the cryptocurrency right back in the crosshairs of the U.S. Securities and Exchange Commission (SEC).
Grayscale Flips The Script And Sues The SEC After Spot Bitcoin ETF Plan Rejection

SEC Will Continue Treating Crypto-Assets Like Other Securities, Regardless Of Their Technology – Gary...

Gary Gensler has insisted that his agency will continue being a “cop on the beat” concerning policing crypto-assets despite claims that they are not...
Online Petition Demanding Removal Of SEC Chair Gary Gensler From Office Gathers Momentum

Online Petition Demanding Removal Of SEC Chair Gary Gensler From Office Gathers Momentum

A new petition on Change.org is currently gathering signatures to have Gensler removed from his position at the commission.
US Congressmen Lobby SEC Chairman Gary Gensler To Authorize A Spot Bitcoin ETF

SEC Chair Gensler Says the Agency is Looking to Regulate Crypto Exchanges to Ensure...

The crypto community has been calling for establishing a workable regulation that will guide the industry in the United States and subsequently protect consumers...
US SEC Ruins Christmas For Cryptocurrency Investors With Yet Another Bitcoin Spot ETF Rejection

US SEC Chair Gary Gensler Says Bitcoin Is The Only Crypto He’s Willing To...

US SEC chairman Gary Gensler speaking with Jim Cramer on CNBC has made it clear that Bitcoin is the only crypto he is willing to openly call a commodity.
Why the CFTC suing Coinbase is a bullish blessing in disguise for Bitcoin

Bitcoin Falls Under The Jurisdiction Of The CFTC – Asserts SEC’s Gensler

On Wednesday, Gary Gensler suggested that Bitcoin is a commodity token that would fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC). Testifying...
Ripple Nets Legal Victory In Quest To Access SEC’s Documents Relating To Classification Of Cryptoassets As Securities

SEC’s Gensler On How Securities Laws Apply to Cryptocurrencies

Gary Gensler is back, and guess what? Crypto users might have to brace tighter for what he has in store for them in 2022. Speaking...
US Congressmen Lobby SEC Chairman Gary Gensler To Authorize A Spot Bitcoin ETF

Minnesota’s Congressman Blasts Gary Gensler For Declining Much-Requested Bitcoin Spot ETF

U.S. House of Rep member puts Gary Gensler on blast over Bitcoin Spot ETF saga.The SEC chair has failed to respond and continues to...
US Congressmen Lobby SEC Chairman Gary Gensler To Authorize A Spot Bitcoin ETF

US Congressmen Lobby SEC Chairman Gary Gensler To Authorize A Spot Bitcoin ETF

Two United States lawmakers Darren Soto and Tom Emmer have penned a letter to the Securities and Exchange Commission (SEC) chairman Gary Gensler, urging...
SEC Chair Gensler Predicts Destructive Ending For DeFi’s $100 Billion Industry

SEC Chair Gensler Predicts Destructive Ending For DeFi’s $100 Billion Industry

Key takeaways SEC Chairman Gary Gensler says DeFi needs consumer protection regulations to thrive.His remarks have drawn criticisms from market participants. DeFi protocols have grown in...
Interest In Ripple’s XRP Has “Died Off” While Bitcoin And Ethereum Shine, Says New Research At the beginning of this year, the XRP community had high hopes for the performance of the digital asset. As altcoins rallied, Ripple, the firm behind XRP, experienced a slew of bullish developments that further fuelled the hopes. Unfortunately, this did not create a tide strong enough to lift XRP from the doldrums. New research from Arcane Research suggests interest in XRP cryptocurrency has waned while bitcoin (BTC) and ethereum (ETH) flourish. Interest In XRP Has Dwindled As It Struggles To Recover Since The March Market-Wide Correction An analysis of the performance of the top three cryptocurrencies by Arcane during the first half of 2020 reveals that XRP’s price looks pale since the mid-March market mayhem. BTC and ETH, on the other hand, have posted strong recoveries since then. “Initially, 2020 started out strong for the top 3 coins, but as the markets crashed in March, the three musketeers have seen vastly different growth trajectories. ETH (+75% YTD) and BTC (+27% YTD) have recovered from the Covid-19 crash, while XRP disappoints (-9% YTD).” The research firm also noted that XRP’s performance in Q2 was rather flat as it registered only a 1% gain after losing up to 14% of its already anemic market cap in June alone, while BTC and ETH posted 44% and 70% gains respectively in that quarter. Arcane cites DeFi and ETH 2.0 anticipation as the key drivers of the price of ethereum. For XRP, interest in the fourth-ranked crypto has “died off” as it struggles to recover from the Black Thursday correction, Arcane stated. Moving Forward With XRP Some crypto analysts are worried about XRP sliding further in the near future before reaching a bottom. Crypto aficionado Luke Martin recently postulated that XRP has been plummeting the whole of 2020. The last few months have been pretty wild for large groups of altcoins with a rise in interest, narratives, and volume.One altcoin that usually gives atleast 1 pump during a time like that is $XRP.But not this year...it's been dropping all of 2020.Where's the bottom? pic.twitter.com/RqUlY8iDxc— Luke Martin (@VentureCoinist) July 2, 2020 In response to the question of where the bottom is for XRP, fellow analyst CryptoDonAlt quipped “at 1500 sats”. According to Luke Martin, this worked pretty well in 2017 and this trend could play out the same again – meaning XRP could drop to the said level before a big pump. Others like analyst Nicholas Merten believe there is still hope for XRP in the near-term. As previously reported by ZyCrypto, Merten noted that XRP has been in a descending wedge for more than one year and is likely to be stuck there for a month at the most before breaking out in a massive rally. In the meantime, XRP is valued at $0.186760, with 5.97 percent gains in the last 24 hours.

Ripple CEO Garlinghouse Blasts SEC For Picking Bitcoin Over XRP Despite Gensler’s Climate Agenda

Key takeaways Ripple CEO Brad Garlinghouse vilified Bitcoin's high energy consumption in a recent interview.The CEO states that the SEC's stance on Bitcoin conflicted with...
Iran To Ban The Use Of Crypto In Payment Transactions

Gensler Makes Clear The U.S. SEC Has No Intention To Ban Crypto — But...

China's latest round of crypto crackdown inadvertently caused some market observers to raise questions about what the response of the U.S. Government would be....
Bitcoin Critic Sen. Warren Gives SEC 3 Weeks to Regulate Crypto Markets

US Congressman Asks Gensler To Clarify SEC’s Regulatory Authority On Cryptocurrency

Republican Congressman Patrick McHenry, US Representative for North Carolina's 10th Congressional district, has written to the US Securities and Exchange Commission (SEC), seeking clarification...
Gary Gensler: The SEC Can’t And Won’t Ban Crypto — It’s “Up To Congress”

Gary Gensler: The SEC Can’t And Won’t Ban Crypto — It’s “Up To...

The Chairman of the SEC has confirmed that the financial regulator has no immediate plans to ban crypto assets in the United States. The U.S....