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blockchain crypto cryptocurrency sec ask 2b fines from xrp (SpotedCrypto)

US SEC seeks $2 billion in fines from Ripple through court

"The U.S. Securities and Exchange Commission (SEC) has asked the court to impose $2 billion in penalties on Ripple," reports Stuart Alderoty, Chief Legal Officer at Ripple (XRP), X. "The SEC filed a remedies briefing in the case on Wednesday (local time). A remedies briefing is

blockchain crypto cryptocurrency binance pilippines russia comex (SpotedCrypto)

A series of crises for Binance's global business, including the suspension of Russian Comex operations and the threat of being blocked in the Philippines

CommEx, the local cryptocurrency exchange that acquired Binance's Russian operations, announced that it will begin a phased shutdown process on March 25, suspending new signups, Binance asset transfers, and fiat and crypto deposits. Comex will phase out its crypto futures, peer-to-peer marketplace, and spot trading services, and will

blockchain crypto cryptocurrency blend blur nft lending service (SpotedCrypto)

Blend NFT Lending Protocol Surpasses $5.5 Billion in Cumulative Volume

According to data from Dune Analytics, the cumulative trading volume of Blend, an NFT mortgage protocol under the BLUR NFT marketplace, surpassed $5.5 billion as of the 25th. Currently, Blend has a cumulative trading volume of approximately $5.54 billion and a total of 610,066 loans originated with

blockchain crypto cryptocurrency digital money closed net flows (SpotedCrypto)

Digital investment products closed net inflows, The crypto market is more sensitive to BTC spot ETF flows than fundamentals.

Last week saw the first weekly net outflows from BTC spot ETFs, pushing the BTC price lower. This suggests that the market is more focused on ETF flows than fundamentals. Specifically, Grayscale GBTC saw outflows totaling $1.83 billion over four days, which some have linked to selling pressure on

blockchain crypto cryptocurrency ibit could over gbtc in two weeks (SpotedCrypto)

BlackRock IBIT could surpass Grayscale BTC holdings in two weeks

"BlackRock's bitcoin spot ETF, IBIT, could surpass Grayscale GBTC's BTC holdings within 14 trading days if current outflows and inflows continue," Cointelegraph reports. As of February 22 (local time), IBIT held 238,500 BTC, with inflows of approximately 4,120 BTC per day. On

blockchain crypto cryptocurrency ethereum etf issues opinion (SpotedCrypto)

Can the altcoin Ethereum follow in the footsteps of its big brother Bitcoin and launch an ETF? All eyes are on Ethereum.

After the U.S. Securities and Exchange Commission (SEC) approved a bitcoin spot exchange-traded fund (ETF), the question of whether to approve an Ethereum (ETH) spot ETF has become a hot topic. As interest in the cryptocurrency grows, so do expectations for its price to rise. Wall Street firms and

blockchain crypto cryptocurrency cathie wood claim btc research 3.8M (SpotedCrypto)

Cathie Wood: "Price per bitcoin will eventually reach $3.8 million"

Cathie Wood, CEO of Ark Investments, has claimed that the price of bitcoin (BTC) will eventually reach $3.8 million, citing changing global economic market dynamics. Speaking at a conference in New York City on Wednesday, Cathie Wood pointed to the declining value of traditional investment assets due to the