Key Takeaways The court dismissed the SEC’s lawsuit against Richard Heart due to lack of personal jurisdiction. The SEC failed to prove that Heart’s crypto transactions qualified as domestic under US securities laws. Share this article The US District Court for the Eastern District of New York has dismissed the SEC’s case against Hex founder…
A district court judge has dismissed the US securities regulator’s lawsuit accusing Hex founder Richard Heart of raising over $1 billion through unregistered crypto offerings and defrauding investors of $12.1 million. Heart, whose real name is Richard Schueler, was also accused of spending those funds on several luxury items — including the world’s largest black…
Key Takeaways President Trump will host the first-ever White House Crypto Summit on March 7. The summit aims to establish a regulatory framework for the crypto sector while supporting innovation. Share this article President Donald Trump will host the first-ever White House Crypto Summit on March 7, bringing together industry leaders, CEOs, investors, and members…
Este artículo también está disponible en español. Amid the crypto market downtrend, crypto analyst Master Ananda has provided a bullish outlook for the Cardano price, predicting it can still reach a new all-time high (ATH) of $8.11. The analyst also raised the possibility of ADA reaching $10. Cardano Price To Reach New ATH Of $8.11…
A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a “win” — all things considered. “I thought it would take longer, just because there’s so many jurisdictional issues, you’re working with so many different governments, different levels of enforcement,…
Key Takeaways The GENIUS stablecoin bill seeks to create a regulatory framework for stablecoins in the US. The bill allows federal oversight for issuers with over $10 billion in market capitalization. Share this article The Senate Banking Committee plans to review Senator Hagerty’s stablecoin bill, known as the GENIUS Act, during the week of March…
Este artículo también está disponible en español. Investor enthusiasm for Dogecoin is sharply declining. Over 67% of the open interest on the meme coin has decreased in three months. December 2024 saw it at $4.07 billion. By February 2025 it had dropped to $1.33 billion. This significant decline suggests mounting market caution. Many traders are…
The speculative nature of cryptocurrencies personifies the idea that “anything is fair game” when it comes to valuation. These analyses can thread a thin line between being respectable or ridiculed. In 2018-2019, tossing the idea of a $100,000 Bitcoin price was considered so absurd that renowned economists took offense and condemned the mere thoughts of…
Key Takeaways BlackRock has added the iShares Bitcoin Trust ETF to its model portfolios with a 1%-2% allocation. Bitcoin is seen as a diversification tool amid BlackRock’s broader portfolio strategy changes. Share this article BlackRock has incorporated the iShares Bitcoin Trust ETF (IBIT) into its model portfolios, allocating between 1% and 2%, as Bloomberg reported…
US Securities and Exchange Commission Commissioner Caroline Crenshaw issued a dissenting opinion on the SEC’s recent stance that memecoins are not securities. According to the commissioner’s Feb. 27 statement, memecoins could satisfy the Howey test’s condition of profiting from the managerial efforts of others due to the coordination between developer teams and promoters. The commissioner…
