The US Securities and Exchange Commission (SEC) and Gemini Trust Company filed a status update in court, letting a federal court know they had reached a “resolution in principle” to resolve a securities case stemming from a 2023 complaint. In a Monday filing in the US District Court for the Southern District of New York (SDNY), the SEC and Gemini Trust said that, “subject to review and approval” by the commission, the two parties requested that all litigation in the civil case be indefinitely stayed. The filing stated that both…
Day: September 15, 2025
Digital Asset Treasuries Face mNAV Collapse, Standard Chartered Warns
The boom in digital asset treasury (DAT) companies — fueled by the success of Strategy’s Bitcoin-buying — has shone a spotlight on cryptocurrencies such as Bitcoin, Ether and Solana. However, that spotlight has dimmed in recent weeks as the market net asset values (mNAVs) of many DATs collapsed, exposing smaller firms to growing risks, Standard Chartered warned Monday. In the world of DATs, mNAV measures the ratio of a company’s enterprise value to the value of its cryptocurrency holdings. An mNAV above 1 allows a firm to issue new shares…
US SEC and Gemini Trust agree to settle lawsuit over unregistered crypto lending program
Key Takeaways The US SEC and Gemini Trust have agreed in principle to settle a lawsuit. The lawsuit was about Gemini’s unregistered crypto lending program. Share this article The US Securities and Exchange Commission and Gemini Trust have reached an agreement in principle to settle a lawsuit over an unregistered crypto lending program. The settlement resolves the SEC’s case against the digital asset exchange regarding its lending operations that regulators alleged violated securities laws by operating without proper registration. Share this article Source link
Analyst’s $23 EOY Target Swims Into View
The XRP price is flashing a bull flag pattern on its weekly chart, hinting at an explosive breakout ahead. A crypto analyst has highlighted $3.6 as the key resistance in this formation, noting that if XRP can clear this level, the path toward an ambitious End of the Year (EOY) target of $23 is expected to come into view, with short-term milestones anticipated along the way. XRP Price Bull Flag Signals Explosive Potential Crypto market expert Stedas has drawn attention to XRP’s weekly chart, highlighting the formation of a classic…
Bitcoin Core Slashes Def Relay Fee by 90%: Update Rolls Out
Bitcoin’s core software has lowered the default minimum relay fee for transactions, marking one of the most significant changes in years to how cheap it is to move funds across the network. Bitcoin Core 29.1, released on Sept. 4, sets the default minimum relay fee rate to 100 satoshis per thousand virtual bytes (0.1 sats/vB), a 90% reduction from the previous default rate of 1 sat/vB. Users pay their fees in satoshis (the smallest unit of Bitcoin) multiplied by the size of their transaction. While every individual node operator can…
Solana’s (SOL) Bullish Breakout Fuels $300 Price Target Push
TL;DR Solana breaks above major resistance as buyers target $300, supported by technical structure and inflows. A surge to $250 could trigger $132 million in short liquidations, exposing overleveraged positions. Solana leads in weekly transactions and fee generation, showing strength despite lighter user activity. Price Action and Market Structure Solana (SOL) recently pushed above a key resistance level, reaching $246 before retreating to $232. This move followed a strong rally over the last week, where the token gained 12%, even as it recorded a 6% drop in the last 24…
SEC Chair Promises Preliminary Notice Before Enforcement Actions
The US Securities and Exchange Commission (SEC) chair continued steering the regulatory agency in a different direction than its previous enforcement-first policy toward the crypto industry. In an interview with the Financial Times published Monday, SEC Chair Paul Atkins said the agency is departing from the aggressive enforcement actions common during the administration of former President Joe Biden and former SEC Chair Gary Gensler. US cryptocurrency businesses can now expect preliminary notices of technical violations before any agency enforcement actions, Atkins told the FT. “You can’t just suddenly come and…
How to Day Trade Crypto With Google Gemini AI
Key takeaways: Gemini AI serves as a powerful tool for researching day trade strategies but cannot be used to execute trades directly. It summarizes fundamentals and compares assets to support daily trade decisions but still requires access to data sets. Gemini AI helps manage trading discipline by turning watchlists, catalysts and post-mortems into structured loops that prevent traders from chasing noise. Gemini Flash 2.5, the latest version, still lacks real-time data access, so pair it with data from tools like TradingView, Glassnode or Nansen. Day trading crypto moves fast, order…
BNB Price Holds Its Uptrend – Key Levels That Could Trigger More Gains
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
ETH/BTC Ratio Remains Under 0.05 For Past 14 Months: Report
The Ether-Bitcoin (ETH/BTC) ratio, which measures the price of Ether (ETH) against the price of Bitcoin (BTC), has failed to reclaim 0.05, despite adoption of ETH by institutions and the historic price rally in July and August that took ETH to new all-time highs. ETH/BTC has remained below the 0.05 level since July 2024, and the ratio peaked in June 2017 when it hit the all-time high of 0.14, according to CoinGecko. The ratio current sits at 0.039, down from the 0.04 reached in August. The ratio fell to a 5-year…