SEC Files $115M Fraud Lawsuit Against Touzi Capital Over Crypto Mining Scheme
The SEC has initiated legal action against Touzi Capital, alleging a $115 million cryptocurrency mining fraud affecting 1,500 investors through false promises and misused funds. The case highlights increased regulatory oversight of crypto operations as authorities seek penalties and fund recovery.
Ethereum ETF Demand Soars After Trump Victory, Fueling $4K Price Predictions
Leveraged Ethereum ETF products have seen a 160% surge in demand following Trump's presidential win, with institutional interest driving unprecedented growth. Market indicators and futures premiums suggest ETH could reach $4,000 before the January inauguration, supported by strong institutional participation and regulatory outlook shifts.
Former CFTC Chair Predicts SEC's Ripple Lawsuit Could End Under New Leadership
Former CFTC Chairman Christopher Giancarlo forecasts potential dismissal of SEC's landmark case against Ripple Labs as leadership change looms. The prediction comes amid speculation about the next SEC chair, with significant implications for crypto regulation.
BitWise Takes Bold Step with Multi-Crypto Index ETF Proposal
BitWise Asset Management seeks SEC approval for a groundbreaking ETF tracking 10 major cryptocurrencies, potentially offering the most diverse crypto investment vehicle in the US market. The move follows their successful Bitcoin ETF launch and reflects growing institutional appetite for regulated crypto exposure.
Altcoin ETF Wave Could Trigger Explosive Crypto Market in 2025, Bloomberg Analyst Predicts
Bloomberg analyst Eric Balchunas forecasts a surge in altcoin ETF applications, with 14 funds currently awaiting SEC approval. The potential wave of approvals could revolutionize cryptocurrency investment accessibility, offering regulated exposure to digital assets beyond Bitcoin and Ethereum.
XRP Price Analysis Suggests Potential for Massive 72,000% Rally Based on Historical Pattern
A prominent crypto analyst identifies a technical pattern in XRP's charts similar to the 2017 bull run that led to a 72,000% surge. The analysis, supported by improving regulatory clarity and market conditions, suggests potential for XRP to reach nearly $1,000.
SEC Chairman Gensler Announces Departure Ahead of Trump's 2025 Return
Gary Gensler, SEC Chairman since 2021, confirms his planned exit to coincide with Donald Trump's presidential inauguration in January 2025. His tenure was marked by aggressive market oversight and cryptocurrency industry regulation, setting the stage for potential policy shifts under the incoming administration.
XRP Surges Past $1: Market Eyes $5 Target as Open Interest Hits Record High
XRP breaks through $1 for the first time in three years, sparking predictions of a potential surge to $5 amid record-breaking futures market activity. The cryptocurrency's breakout from a long-term pattern, coupled with possible regulatory clarity, fuels optimism for a rally reminiscent of 2017.
AI-Managed Fund Predicts Bitcoin Surge to $140,000 Amid Regulatory Changes
A pioneering $30 million investment fund managed by three AI systems forecasts Bitcoin reaching $140,000, based on comprehensive market analysis and emerging trends. The bold prediction comes as the cryptocurrency industry faces potential regulatory shifts with upcoming leadership changes at the SEC.
Bitcoin Surges Past $99,000 as Trump Victory Fuels Crypto Rally
Bitcoin approaches the historic $100,000 milestone, driven by a 40% surge following Trump's election win and promises of crypto-friendly policies. Record ETF inflows and the recent halving event contribute to unprecedented price levels, though experts urge caution amid the rally.