SEC Financial News

Click Here To Find Out More About The Everlodge (ELDG) PresaleBitcoin faces selling pressure Bitcoin's recent drop has cast a shadow over the entire crypto market. Although it has managed to stay above the $26,000 support level, Bitcoin's outlook remains bearish, primarily due to market uncertainty. Recent events such as the unresolved SEC vs Grayscale case regarding a Bitcoin ETF, and SpaceX reducing its Bitcoin holdings, have left investors and the market in a state of flux. The global cryptocurrency market cap is hovering just above the $1 trillion mark, with total trading volumes down to $22.04 billion. Unless the market provides investors with a clearer picture, we can expect low volatility to persist. Positive news continues to be the primary catalyst, with a particular focus on the ongoing SEC cases. If the $26,000 support level is breached, Bitcoin could drop as low as $22,000, encountering three major support levels and entering an accumulation phase. However, if additional positive catalysts emerge, bullish momentum might drive Bitcoin's price back up to $30,000, although achieving this psychological level would require significant momentum.

The crypto market is filled with headlines. Notable ones include the ongoing legal row between Binance US and the SEC. Meanwhile, Avalanche ($AVAX), and InQubeta ($QUBE) are showing signs of a significant imminent rise in value. 

Key ETF Dates Stir Volatility Expectations in Options Market

Evercore ISI senior managing director Mark Mahaney explains his Chewy downgrade and why investors should be adding Uber to their portfolios on 'Varney & Co.' 

Goldman Sachs have let go of their global head of Transaction Banking (TxB) services, Hari Moorthy. Word on the street seems to be that the meditation-loving partner was let go over… Using unregulated communication channels (probably WhatsApp).

United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against major cryptocurrency firms including Binance, Coinbase, and Ripple, but not every company has been subject to the same treatment.

Most investment advisors look warily at the SEC. But some smaller advisors are envious of an advantage that larger firms registered with the agency have when it comes to advertising.

This week, one of the hallmark events centered on curbing global warming — NYC Climate Week — convened sustainability experts and evangelists from around the world in one place.

Binance is pushing back on a lawsuit filed against it by the Securities and Exchange Commission (SEC) in its own legal filing made on September 21.

The Securities and Exchange Commission said Friday that it had reached a $50,000 settlement with a small firm in Oshkosh, Wisconsin, Carl M. Hennig Inc., for violating Regulation Best Interest from June 2020 to the start of this year and for falling short in its procedures and policies concerning the new industry sales standard.

Michael Lee Strategy founder Michael Lee joins Varney & Co. to discuss whether the looming government shutdown or the UAW strike will impact the stock market.

Kovind for simultaneous elections will be held here on Saturday to discuss the roadmap and how to go about holding consultation with stakeholders. Kovind had recently told reporters in Odisha that the meeting will be held on September 23. The government had on September 2 notified the eight-member «high-level» panel to examine and make recommendations at the earliest on the issue of holding simultaneous elections to the Lok Sabha, state assemblies, municipalities and panchayats. People aware of the details said the meeting will be «introductory» in nature and members will discuss the roadmap on how to go about the mandate given to the panel. The panel, they said, will also discuss on how to go about holding consultations with stakeholders, research on the subject and preparation of working papers. Home Minister Amit Shah, former leader of the opposition in Rajya Sabha Ghulam Nabi Azad and former finance commission chairman N K Singh are among the committee's members. Congress' leader in the Lok Sabha Adhir Ranjan Chowdhury was also a member.

XRP has overtaken USDC as the fifth-biggest cryptocurrency in the world in terms of market cap, with the altcoin's price rising by 2.5% in the past week.

Binance, Binance.US, and Changpeng Zhao have jointly filed a motion to dismiss a lawsuit brought by the United States Securities and Exchange Commission (SEC). 

By Tim McLaughlin

On Wednesday, Sept. 20, the United States House Financial Services Committee marked up two bills to curb the issuance of a central bank digital currency (CBDC). One of the bills would stop the Federal Reserve from running any test programs on CBDCs without congressional approval, while the other would stop federal banks from using CBDCs for some services and products. 

Ether (ETH) has seen a 36% year-to-date increase in its price in 2023 in U.S. dollar terms. This recovery, however, is modest given that ETH is currently trading 66% below its November 2021 peak of $4,870.

Coinbase's Chief Legal Officer is remarkably optimistic despite two ongoing battles with the Securities and Exchange Commission (SEC).

The amendment has updated the ‘names rule’ under the Investment Company Act to ensure the name of a fund 'adequately and accurately represents the investment strategy of the fund'.

The SEC voted Wednesday to expand the scope of a rule meant to ensure investment funds’ portfolios match the strategies suggested by their names, but the changes aren’t as restrictive about the use of environmental, social and governance factors as those the agency initially proposed.

A major candidate for the US Presidency is on the verge of releasing a “comprehensive crypto policy framework”.