The U.S. Securities and Exchange Commission is unlikely to approve or reject crypto ETFs until its new leadership is in place, according to a new report. What Happened: Coindesk on Wednesday reported that the SEC has acknowledged multiple spot crypto ETF applications but is unlikely to approve them until its leadership is settled.

According to several sources, the SEC is preparing to drop its case against Ripple. Previously, there was speculation that the Commission caused the delays, but it may be a negotiating tactic from Ripple.

The US Securities and Exchange Commission may be preparing to end its enforcement action against Ripple Labs after more than four years.According to a March 12 X post from Fox Business reporter Eleanor Terrett, the SEC's case against Ripple was “in the process of wrapping up” after the parties filed an appeal and cross-appeal, respectively, over a $125-million court judgment in August 2024. The civil case against the blockchain firm filed in December 2020 alleged Ripple and certain executives used XRP (XRP) as an unregistered security to raise funds.

Ripple's legal fight with the SEC is close to ending, but it's not going quietly. The $125 million fine and permanent ban on institutional XRP sales are still on the table, and Ripple is pushing back.

Franklin Templeton, which boasts $1.53 trillion under management, has filed to launch a Solana exchange-traded fund in the U.S.

The US Securities and Exchange Commission (SEC) is reportedly preparing to conclude its long-running lawsuit against Ripple, the issuer of XRP. Following the rumors, the XRP price climbed roughly 5% from $2.14 to $2.24 within an hour.

The U.S. Securities and Exchange Commission (SEC) is reportedly in the process of officially ending its lawsuit against payments firm Ripple.

The Chicago Board Options BZX Exchange (Cboe) has submitted an application on behalf of asset manager Franklin Templeton to list a Solana (SOL) exchange-traded fund (ETF) in the United States.According to the March 12 filing, Franklin Templeton's proposed ETF will hold spot SOL, and the filing encouraged the Securities and Exchange Commission to allow the fund to stake its underlying crypto for additional rewards. “Not staking the Fund's SOL would amount to waiving the Fund's right to free additional SOL, an act analogous to an equity ETP refusing dividends from the companies it holds,” the filing read.

Bitcoin (BTC), Ethereum (ETH) and XRP face carnage in response to Trump's policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday.

Ripple CTO David Schwartz recently addressed an important question about Ripple's RLUSD stablecoin. His response clarified why RLUSD can be frozen or clawed back, a topic that emerged following legal expert Jeremy Hogan's discussion on a proposed stablecoin bill.

The SEC delayed taking the next steps on several filings this week, but experts say this is 'no surprise' until the new chair is in place.

The Solana price has risen back to $129 today, helped along by whales and other traders buying the dip as the alt remains oversold. The post Solana Price Pumps 12% as Whales Inject $6 Billion – Is the Bear Market Over? appeared first on Cryptonews.

The protracted legal battle between blockchain payments firm Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) is reportedly approaching a resolution. Reports indicate that negotiations have intensified, with both sides working to settle the case that has dragged on since December 2020.

Crypto analyst Egrag Crypto has revealed when the XRP price will hit double and triple digits. This provides a bullish outlook for XRP especially amid the recent market crash and its brief drop below the psychological $2 price level.

The U.S. Securities and Exchange Commission is on the verge of ending its long-running case against Ripple, according to sources close to the development. On Mar. 12, former FOX Business journalist Eleanor Terrett said the SEC vs.

The XRP market has recently encountered headwinds, with prices falling below the $2.25 mark, prompting uncertainty among investors. While many traders speculate about the coin's short-term trajectory, beneath this volatility lies an expanding XRP ecosystem marked by continuous innovation and a growing appetite for decentralized finance (DeFi) projects.

Grayscale, Canary Capital, Bitwise and 21Shares have filed for ETFs in recent months tracking the price of the sixrh largest crypto by market value.

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XRP has surged nearly 2% in a day, aligning with the broader market recovery. This rebound follows the completion of a correction phase, with technical indicators suggesting a potential bullish breakout.

Franklin Templeton has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the Franklin Solana ETF, a new exchange-traded fund designed to track the price of the cryptocurrency Solana (SOL).

In a landmark development for the Solana ecosystem, a newly proposed token emission model, known as SIMD 228, has attained quorum with approximately 70% of votes cast in favor. According to a post by research analyst Carlos (@0xcarlosg) on X, voting concludes at Epoch 755, which is set to arrive in under 48 hours.

A significant regulatory milestone may be on the horizon for XRP and the wider crypto market in the US as reports suggest that the legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) is nearing its conclusion.

The passage of SIMD-228 marks Solana's transition from fixed inflation to a market-driven model, solving the problems of excessive inflation and insufficient incentives. Compared with Ethereum's destruction mechanism and Sui's static inflation, Solana's dynamic design is more flexible, but it still needs ecological feedback optimization.

The lawsuit's resolution could redefine regulatory clarity and enforcement approaches in the cryptocurrency industry, impacting future cases. The post SEC vs.

The rapid rise of the Solana network at the beginning of the year seemed to herald a new era for its ecosystem. Fueled by an unprecedented speculative frenzy around memecoins, the blockchain recorded record revenues, reaching $55.3 million per week.

Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.

Despite much bullish speculation, the legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs remains, at press time, much like the Korean War: a frozen conflict.

According to a recent report by Fox Business, the U.S. Securities and Exchange Commission (SEC) is currently wrapping up the Ripple case.

The crypto market recovered some of its losses Wednesday following a lower-than-expected US Consumer Price Index (CPI) report. Bitcoin surged above $84,000, while XRP crossed the $2.25 mark, gaining 6% in the last 24 hours.

Popular cryptocurrency XRP may be running out of steam against its major counterpart, Bitcoin (BTC). As became known thanks to Bollinger Bands, an interesting thing happened - XRP recently hit a middle band at 0.00002685 BTC and, unfortunately for its supporters, did not make it above.

An analyst is expressing apprehension regarding the price movement of XRP, cautioning that the cryptocurrency may be on the brink of a significant decline. A bearish price pattern is forming on the charts, which, if confirmed, could result in a significant selloff.

Solana (SOL) faces bearish pressure on all fronts, from price action and trading volume to revenue falls. On the cryptocurrency market, Solana's revenue has notably declined from its January figures.

The true impact of Solana's SIMD-228 proposal will only materialize if network adoption accelerates.

XRP (CRYPTO: XRP) is up on Wedneday amid growing institutional interest. What Happened: Cryptocurrency options exchange Deribit noted the positive impact of ETF filings on the price of XRP, despite the looming threat of tariffs.

Ripple price remains in a bear market after falling by over 35% from its highest level in January. Ripple (XRP) rose for the second consecutive day as cryptocurrencies rebounded after the encouraging inflation data.

Franklin Templeton, a financial services company with $1.6 trillion of assets under management, has officially filed a registration statement with the U.S. Securities and Exchange Commission for a spot XRP exchange-traded fund (ETF).

XRP looked like it was headed straight for trouble as the infamous head and shoulders pattern had formed - a classic signal of an incoming price collapse. A break below the neckline at $2 could have meant a fall, possibly down to $1.50.

The crypto market roared to life following the latest U.S. CPI report, which showed inflation easing slightly in February. Bitcoin surged to $84,000, Solana jumped past $127, and XRP spiked above $2.20, as traders piled into risk assets following the data release.

In a recent X conversation, Ripple CTO David Schwartz shed light on a key feature of Ripple stablecoin, RLUSD.

The filing comes one day after Franklin Templeton filed an S-1 with the SEC to list and trade a spot XRP ETF.

Despite growing speculations, the prolonged XRP lawsuit remains unresolved. The community is divided on the likelihood of an early settlement of the case.

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Rispoli maintained that the end of the legal battle might occur before Ripple's filing deadline, which is scheduled for mid-April.

A fresh wave of postponements has swept across the crypto market, as the US Securities and Exchange Commission has delayed decisions on a set of proposed spot exchange-traded funds (ETFs) for XRP, Dogecoin, Solana, and Litecoin.

American asset manager Franklin Templeton has entered the growing XRP exchange-traded fund (ETF) race, becoming the latest firm to file for a spot XRP ETF in the United States.Franklin Templeton's XRP (XRP) ETF is designed to track the performance of the XRP price, with XRP holdings stored at Coinbase Custody Trust, according to an official filing with the US Securities and Exchange Commission on March 11. On the same day, the SEC postponed decisions on multiple crypto ETF filings, including Grayscale's proposal to convert its XRP Trust into an ETF.

The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.

XRP is trading at $2.18 to $2.21 over the past hour with a market capitalization of $126 billion and a 24-hour trading volume of $5.61 billion. The price has fluctuated between $2.07 and $2.23 within the last 24 hours, remaining 35.9% below its all-time high of $3.40.

A prominent analyst in the cryptocurrency community once again gave his insight on the price trajectory of XRP this year, noting that the altcoin is ripe for a massive uptick in its price in the next few months. Egrag Crypto provided an analysis of a potential price uptrend for XRP if it follows the previous fractal, offering two possible dates when it will top the cycle.