SEC Stance: No Protection for Meme Coins
Hester Peirce confirms the SEC will not regulate meme coins like $TRUMP, leaving investors unprotected, echoing the 2021 NFT boom’s regulatory approach. #Update #Crypto $TRUMP (-5) ↘
SEC
Crypto Exchanges Blocked by Thailand SEC
The Thai SEC will ban access to five major crypto exchanges, including @OKX and Bybit, from June 28, 2025, to combat money laundering. #Breaking #Legal (+8) ↘
Crypto Staking Complies with US Law
The U.S. Securities and Exchange Commission (SEC) confirms cryptocurrency staking isn’t a securities violation, boosting regulatory clarity and potential Ethereum-ETF approval. #Update #Legal $ETH (+7) ↗
SEC Clarifies Staking Not Always Securities
The SEC’s Division of Corporation Finance clarifies that defined protocol staking on proof-of-stake networks is not a securities offering under federal law. #Update #Legal $ETH (+3) →
XRP ETF Nears Approval SEC Weakens
Investor optimism for a spot $XRP ETF has surged, with Polymarket data showing 83% approval odds despite the SEC’s decision delays. #Update #ETF $XRP (+4) ↗
XRP Surge: $27 Target Timeline Leaked
XRP could reach $27 in 60 days if it mirrors its 2017 trajectory, with key Fibonacci levels at $8.49 and $13.79 as interim targets. #Update #Crypto $XRP (+4) ↗
Fraud Charges Against Unicoin Executive Revealed
The U.S. Securities and Exchange Commission charged Alexandre Konanykhin with defrauding over 5,000 investors by inflating @Unicoin tokens’ value, totaling $110M. #Breaking #Legal $UNICOIN (-9) ↘
SEC Evaluates Canary Capitals TRX-ETF
@SECGov reviews @CanaryCapital’s TRX-based spot ETF application with staking features; decision expected in Q4 2025. TRX price dips 3% amid market downturn. #Update #ETF $TRX (-3) ↘
XRP Skyrockets: $5 Target in Sight
Ripple’s $XRP surged to $2.44, sparking speculation of a move above $3.4 amid a golden cross signal on RSI, with traders eyeing potential gains to $5.85. #Update #Crypto $XRP (+4) ↗
Bitcoin Acquisition: Vivek Ramaswamy Buys 75000
@Strive partners with 117 Castell Advisory Group LLC to acquire 75,000 $BTC from Mt. Gox estate, worth over $8.2B, aiming for discounted Bitcoin exposure. #Breaking #Crypto $BTC (+9) ↗
Robinhood Seeks SEC Clarity on Tokenization
@RobinhoodApp submitted a 42-page proposal to the U.S. Securities and Exchange Commission for regulatory clarity on tokenizing real-world assets, aiming to modernize US capital markets. #Update #Legal (+6) ↗
SEC Innovation Embrace Urged by Atkins
Paul Atkins, SEC Chairman, announced plans to reform FinHub and optimize the CAT system, with Hester Peirce discussing cryptocurrency classification progress at the SEC Speaks conference. #Update #Crypto $BTC (+4) ↗
Bitcoin Manipulator Sentenced 14 Months Prison
Eric Council Jr. sentenced to 14 months for hacking @SECGov’s X account, manipulating $BTC price through SIM swap and fake ETF approval post #Breaking #Legal $BTC (-8) ↘
Crypto Politics McHenry Criticizes Gensler
Former Representative Patrick McHenry revealed that former SEC Chair Gary Gensler’s anti-crypto stance was influenced by progressive ideology and Senate politics. #Update #Crypto #Legal (-3) ↘