Sec cryptocurrency news
The SEC still has a number of cases open against various crypto companies and projects, such as Coinbase (COIN) and Ripple; (XRPUSD) however, a report from last week indicated these cases will be reviewed under the new administration https://slwebsitedesign.com/twinspires/. Trump made a number of promises to the crypto industry, such as offering more regulatory clarity and establishing a bitcoin strategic reserve, during his campaign for president.
See Division of Corporation Finance, Offerings and Registrations of Securities in the Crypto Asset Markets, Apr. 10, 2025, available at Staff statements represent the views of the staff, and the Commission has neither approved nor disapproved their content.
The recalibration of the SEC’s previously adversarial stance toward crypto is meant to afford companies the “freedom to experiment and build interesting things,” said SEC commissioner Hester Peirce in a recent statement, while still shielding investors from fraud. But others have interpreted the pivot as a signal that the crypto industry will be subject to a far-reduced level of scrutiny.
Ada cryptocurrency news
As reported by CNF, Charles Hoskinson has faced allegations from Masato Alexander, who claims that Hoskinson misappropriated 318 million ADA during the 2021 Allegra hard fork. In his defence, Charles stated that a Move Instantaneous Rewards (MIR) transaction was used to quietly redirect unclaimed ADA from early investors into Cardano’s treasury without clear communication or consent.
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This is because of the positive regulatory policies that Donald Trump has put in placed in his administration. Paul Atkins, a pro-crypto voice, recently took over as SEC Chair, with him in office, the environment for digital asset innovation appears to be on greener pastures. Atkins has expressed intentions to introduce clearer regulations for the crypto industry, potentially paving the way for new financial instruments like an ADA ETF.
Cardano price faced rejection around the daily resistance at $0.84 on May 13 and declined 10% in the next four days. This daily level coincides with the 50% Fibonacci retracement ( drawn from the March 3 high of $1.17 to the April 7 low of $0.51) at $0.84, making this a key resistance zone. However, ADA retested and found support around its 200-day Exponential Moving Average (EMA) at $0.71 on Sunday. At the time of writing on Tuesday, it trades slightly down at around $0.73.
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Latest cryptocurrency news
French authorities are investigating a kidnapping attempt involving the daughter of a prominent crypto company CEO and her two-year-old child in central Paris. The attack occurred Tuesday morning on Rue Pache in the 11th arrondissement, where three masked men tried to force the woman and child into a van disguised as a Chronopost delivery vehicle.
Cardano price hovers around its key support at $0.72 on Tuesday; a close below could trigger a correction. On-chain metrics support a bearish thesis as ADA daily active addresses and DEX trading volume are falling.
“Jupnet is a really big lift across the board, lots of research to be done across the board, proof of concepts to be developed in lieu of a good design, followed by lots of productizing. With Jupnet, we hope to add some special elements to the crypto space,” @weremeow noted in a post.
US-China Tariff War Pulls Bitcoin Down, Gold Hits ATHA 245% tariff on Chinese imports triggered a 2% Bitcoin price dip and a 3.75% drop in the broader crypto market. Gold, meanwhile, surged to an all-time high of $3,300 as investors sought safe-haven assets.
SEC Chair Atkins Missing From Crypto Custody EventDespite being recently confirmed, SEC Chair Paul Atkins won’t lead the April 25 roundtable on crypto custody. Acting Chair Mark Uyeda will step in as Kraken, Fidelity, and Anchorage join the discussion.
Our Crypto news provides comprehensive updates on various aspects of the cryptocurrency and blockchain ecosystem. It includes real-time price movements and market analysis for major cryptocurrencies like Bitcoin and Ethereum, detailing their performance trends and trading volumes. Regulatory developments are also highlighted, covering new laws, enforcement actions, and legal issues impacting the industry, both domestically and internationally. Additionally, news often focuses on technological advancements, such as upgrades to blockchain networks, new cryptocurrency launches, and innovations in decentralized finance (DeFi) and non-fungible tokens (NFTs). This coverage helps investors and enthusiasts stay informed about the dynamic and rapidly evolving world of digital assets.