The approval of the first memecoin ETFs is more likely after the departure of former SEC chair Gary Gensler, regulatory experts told Cointelegraph. Source link
Day: January 23, 2025
Can the law keep up with Musk and DOGE?
Lawsuits say DOGE violates the Federal Advisory Committee Act, obliging committees to uphold transparency. Source link
Cathie Wood won’t invest in Trump coin, will stick to the ‘big three’
Cathie Wood, CEO of ARK Invest, said she won’t buy Trump coin, calling it a memecoin without utility. Her focus remains on Bitcoin, Ethereum and Solana. Source link
Trump memecoins set to be sued — but to what end?
Lawyers are counting on a flood of lawsuits to pile up against $TRUMP, but what hope do they have in court? Source link
SEC faces first deadline to decide on Grayscale’s Solana Trust ETF conversion proposal
Key Takeaways The SEC is facing its first deadline to decide on Grayscale’s proposal to convert Solana Trust to an ETF. Multiple firms, including VanEck and Bitwise, await SEC decisions on their Solana ETF proposals. Share this article The US SEC faces its first deadline today to make a decision on Grayscale’s application to convert its Solana Trust (GSOL) to an ETF. Proposed Solana ETFs from VanEck, 21Shares, Canary Capital, and Bitwise expect the regulator’s decision on Jan. 25. Source: Bloomberg NYSE Arca proposed listing shares of GSOL as a…
CME Group clarifies no official decision made on XRP, Solana futures contracts
Key Takeaways CME Group has not made any official decisions regarding XRP or Solana futures contracts. A test page indicating potential futures contracts for XRP and Solana was released in error. Share this article The Chicago Mercantile Exchange (CME) denied making any official decisions about XRP or Solana futures contracts after a test page erroneously appeared on its website showing a potential launch date for the products. “The beta version of the website, which is often used for mock-up drafts, was made public in error,” a CME spokesperson told FOX…
CFTC’s Pham sweeps agency’s top brass days after Trump appointment
CFTC acting Chair Caroline Pham appointed an official to handle the agency’s crypto outreach. Source link
Coinbase asks appeals court to rule crypto trades aren’t securities
Coinbase wants the Second Circuit Appeals Court to address whether crypto transactions are investment contracts, calling the matter of “immense importance to the crypto industry.” Source link
Crypto whales dominate holdings of Trump family tokens: Chainalysis
Chainalysis said around 94% of the TRUMP and MELANIA tokens are held by around 40 wallets that each hold over $10 million worth. Source link
Is a Surge Around The Corner?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…