By Revin Mikhael D. Ochave, Reporter THE Securities and Exchange Commission (SEC) is considering a tiered method for the minimum public float stipulation for firms seeking to list on the stock exchange, according to its chairperson. SEC Chairperson Francisco Ed. Lim mentioned that the existing 20% minimum public float criterion for companies intending to conduct an initial public offering (IPO) represents a “one-size-fits-all” scenario that could benefit from a tiered framework based on the company’s market capitalization. “A 20% float at IPO, regardless of the size of the offering, was implemented to enhance market liquidity, which is one of the…
Autore: wsjcrypto
“`html Ethereum is experiencing its first significant retreat following a vigorous surge that propelled the price from $2,500 to $3,800 in under three weeks. In spite of this pullback, bulls maintain dominance, with ETH firmly staying above the $3,600 threshold—a crucial support area now functioning as the foundation for potential consolidation. The market seems to be assimilating recent gains, with indications suggesting Ethereum’s strength is likely far from finished. Related Reading On-chain insights from Sentora enhance the optimistic perspective. Last week, Ethereum recorded the highest weekly volume of significant transactions since 2021. This rise in large-scale activity indicates increasing interest…
“`html The US Federal Bureau of Investigation (FBI) has allegedly concluded its inquiry into Kraken co-founder Jesse Powell and returned property that was confiscated during a 2023 search of his residence.As per a Tuesday Fortune article, the FBI had returned devices to Powell, ending its investigation regarding accusations that he had hacked and cyberstalked the Verge Center for the Arts, a nonprofit he was instrumental in founding in 2008.This inquiry, reportedly not linked to Powell’s affiliation with Kraken, the cryptocurrency exchange he co-established, or the crypto sector as a whole, led to the FBI searching his residence and seizing electronic…
“`html Main insightsXRP technical chart configurations align on the $6 objective.Spot taker CVD remains optimistic, indicating faith among purchasers.Numerous XRP (XRP) pricing charts are exhibiting several favorable signals, indicating that a surge to $6 is feasible in the forthcoming months.XRP symmetrical triangle breakout aims for $6Information from Cointelegraph Markets Pro and TradingView illustrates XRP trading above a symmetrical triangle on the daily chart, as depicted below.The price must close above the eight-year peak at $3.66 to sustain the upward trajectory, with an estimated target of $6.03.Related: Bitcoin bull run ‘likely nearing conclusion’ says trader as XRP overtakes McDonald’sThis move would…
Existence is costly, yet happiness doesn’t need to be. In this era of escalating expenses, while the world proclaims, “You cannot afford joy,” Filipinos counter, “Observe us discover it regardless.” For us, joy isn’t something we purchase; it’s something we create. When the power goes out, we grab the guitar. When onion prices soar to P700 per kilo, we craft memes and turn it into a national inside joke. When floods rise to our knees, we float on a styrofoam box, Bluetooth speaker in one hand and beer in the other. Across the nation, Filipinos are embracing accessible joys, simple…
Grupo Murano, a $1 billion property firm located in Mexico, is spearheading an innovative strategy to incorporate bitcoin into its operations, with CEO Elías Sacal asserting that bitcoin is “demonetizing” the real estate sector. By transitioning from conventional asset-heavy frameworks to a bitcoin-focused treasury, the publicly listed enterprise intends to enhance its financial structure and take advantage of bitcoin’s prospective price growth, presenting a template for companies confronting fluctuating interest rates and currencies. In a unique interview on the Bitcoin for Corporations show, Sacal, a seasoned real estate developer with 30 years of experience, detailed Grupo Murano’s ambitions. The company,…
“`html Seven cryptocurrency ATMs were confiscated and two individuals were apprehended in southwest London on Thursday on allegations of money laundering and running an unauthorized cryptocurrency exchange.The operation was orchestrated by the UK Financial Conduct Authority (FCA) and the Metropolitan Police, as stated by the financial regulator. Since January 2021, any crypto enterprise functioning in the UK must register with the FCA and adhere to anti-money laundering guidelines. Presently, no legitimate crypto ATMs are available in the UK, and operating or utilizing one lacking FCA registration constitutes a criminal violation.“If you’re unlawfully operating a crypto ATM or exchange, then you…
“`html Trusted Editorial material, evaluated by prominent industry authorities and experienced editors. Ad Disclosure On-chain statistics reveal that every significant Bitcoin group is now consistent in behavior, with accumulation prevailing throughout the network. Bitcoin Accumulation Trend Score Is Indicating Market-Wide Buying In a recent post on X, the on-chain analytics company Glassnode has discussed how the conduct of the different Bitcoin groups has appeared from the viewpoint of the Accumulation Trend Score lately. The Accumulation Trend Score is a metric that indicates whether BTC investors are accumulating or distributing. This value incorporates two elements during its calculation: the changes in…
“`html THE GOVERNMENT is aiming to generate P200 billion from its inaugural retail Treasury bond (RTB) issuance this year, which it could initiate within this quarter, Finance Secretary Ralph G. Recto mentioned. “I believe we’ll launch the retail Treasury bonds now. I think this quarter, within the quarter,” Mr. Recto informed reporters last week. He refrained from providing further specifics. The government’s previous RTB issuance occurred in February 2024. It garnered a record P584.86 billion from its offering of five-year RTBs. RTBs are medium- to long-term debt instruments issued by the government, accessible to retail investors, particularly ordinary Filipinos. They…
“`html Ethereum is displaying renewed vigor following a swift surge of more than 50% in under a week, propelling prices firmly past the $3,700 mark. This movement indicates clear bullish dominance, with ETH reclaiming vital ground and maintaining stability near recent peaks. The rapid price increase has reinstated optimism throughout the market, as traders and analysts carefully monitor for continuation or signs of fatigue. Related Reading At present, Ethereum’s momentum indicates that bulls are gearing up to confront the psychological $4,000 threshold. Based on significant derivatives data, this level signifies a crucial pressure point for bearish positions. If achieved, substantial…