Daniel Chartraw of South Lake Tahoe, California was recently indicted on wire fraud charges alleging that through his companies Crypto-Pal LLC and TDA Global he

Banking giant JPMorgan (JPM) has forecastedthe next wave of cryptocurrency exchange-traded funds (ETFs)—focusing on Solana and XRP—could experience substantial growth if the U.S. Securities and Exchange Commission (SEC) gives the green light.

The cryptocurrency market saw a notable surge on Saturday. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) all experienced a rise in value, as traders anticipate a potential ‘Trump bump’ with the upcoming second Donald Trump presidency.

Alexander C. Drylewski, Daniel Michael and Shaud G. Tavakoli of Skadden, Arps, Slate, Meagher & Flom LLP discuss lawsuits against the Securities and Exchange Commission concerning the purchase and sale of crypto assets and a potential shift in enforcement activity with a change in administration.

According to data provided by S&P Global Market Intelligence, XRP ( XRP -0.46%) was up as much as 43.2% since last Friday's stock market close and is currently up 37.3%. Hedera ( HBAR -0.50%) jumped 41% and settled in at a 31.4% gain for the week, and Stellar ( XLM -0.29%) was up 20% at its high and is now trading up 14.3%.

As President-elect Donald Trump begins a second term on Monday, he plans to issue an executive order making cryptocurrency a national priority, Bloomberg reports .

The total value of all cryptocurrencies in circulation currently stands at $3.5 trillion, which is near a record high. Bitcoin has become a popular store of value for investors due to its decentralized nature,

With crypto-friendly leadership in place, spot XRP and Solana ETFs are poised for approval in 2025, driving institutional capital and mainstream adoption of digital assets.

The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.

In 2020, XRP's parent company, Ripple, was sued by the Securities and Exchange Commission (SEC). The regulator claimed that the company sold XRP as an unregistered security, a pretty big no-no. In August 2024, a court ruled mostly in Ripple's favor, approving a $125 million fine when the SEC was originally seeking $2 billion.

Unlicensed cryptocurrency platforms in Hong Kong are under scrutiny as the SFC issues warnings. Stay informed on the latest updates.

President-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration, according to people familiar with the plans.