SEC unveils suit against Ripple, calling XRP a ‘$1.3B unregistered securities offering’

The commission is alleging Garlinghouse, Larsen and Ripple have participated in an “unregistered, ongoing digital asset securities offering” to investors since 2013. The U.S. Securities and Exchange Commission has taken legal action against Ripple as well as its CEO Brad Garlinghouse and co-founder Christian Larsen. In charges filed today in federal district court in Manhattan, […]

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SBI’s digital asset branch and SIX exchange plan joint crypto venture

The new platform aims to establish an institutional corridor between Europe and Asia. Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset Holdings, are launching a new […]

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Cointelegraph Consulting: Overwhelming bullish sentiment once again proves costly

Analysis of sentiment and on-chain data shows that a correction was likely to occur. Is there still room for growth? According to data collected from 1000+ crypto social media channels, the average crowd sentiment towards Bitcoin adapted from slightly bullish to overwhelmingly bullish over the days leading up to Thursday’s dramatic pullback, mirroring the levels […]

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