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blockchain crypto cryptocurrency sec delays Ethereum ETF (SpotedCrypto)

US SEC delays decision on whether to approve Invesco-Galaxy ETH spot ETF

The US Securities and Exchange Commission (SEC) has delayed its decision on whether to approve an Ethereum (ETH) spot ETF proposed by Galaxy Digital and Invesco, according to an account on crypto market insights platform Unfolded X.

blockchain crypto cryptocurrency SEC Wellsnotice robinhood (SpotedCrypto)

US SEC says crypto firms abused WellsNotice...to scare people

“The U.S. Securities and Exchange Commission (SEC) has been recklessly abusing wellsnotes (notices to potential litigants seeking clarification) against the crypto industry in recent months,” said Jake Chervinsky, chief legal officer at cryptocurrency specialist Variant, according to The Block. “The number of Wells Notices the SEC has sent to

blockchain crypto cryptocurrency robinhood sec (SpotedCrypto)

US Chamber of Digital Commerce criticizes SEC Robinhood filing move

The U.S. cryptocurrency lobby group Chamber of Digital Commerce has criticized the U.S. Securities and Exchange Commission's (SEC) Robinhood filing move (via WellsNotes), reports Cryptoslate. In a statement, the chamber said: “The SEC's action conflicts with the regulator's duty to protect investors,

blockchain crypto cryptocurrency Massive crypto confiscation reportedly possible if Biden re-elected (SpotedCrypto)

Massive crypto confiscation reportedly possible if Biden re-elected

“A second term for US President Joe Biden will lead to massive property confiscation and crypto seizures,” Ryan Selkis, CEO of crypto data analytics firm Messari, wrote on his X (formerly Twitter) account. “They're going after people's property and spying on them at every turn. They&

blockchain crypto cryptocurrency Arthur Hayes BTC has bottomed (SpotedCrypto)

Arthur Hayes: “BTC has bottomed... Expect a slow recovery through August”

According to Cointelegraph, Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, said, “I think bitcoin has bottomed with the recent decline. “I think Bitcoin has bottomed out from the recent decline, and I think we're going to see a gradual recovery through August, with the price hovering in

blockchain crypto cryptocurrency Hong Kong BTC spot ETF hits 4,088 BTC (SpotedCrypto)

Hong Kong BTC spot ETF hits 4,088 BTC in holdings

“After two trading days, Hong Kong's three Bitcoin spot ETFs now hold 4,088 BTC,” crypto analyst HODL15Capital (@HODL15Capital) reported via X. “ChinaAMC led the way with 2,008 BTC, while China Exchange Traded Funds (ETF) held 4,088 BTC. China AMC holds 2,003 BTC, Harvest holds

blockchain crypto cryptocurrency michael saylor think sec Classify ETH as a Security (SpotedCrypto)

Michael Saylor “US SEC to Classify ETH as a Security”

“The U.S. Securities and Exchange Commission (SEC) will classify Ethereum (ETH) as a security and deny approval of spot ETFs applied for by a number of asset managers,” Michael Saylor, CEO of Microstrategy (NASDAQ: MSTR), the largest single holder of BTC outside of bitcoin spot ETFs, said at a