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Shaquille O’Neal, the legendary National Basketball Association (NBA) star, has received a final court approval to settle his class-action lawsuit with the Astral non-fungible token collection buyers for $11 million. O’Neal is one of many celebrities who previously promoted NFTs, cryptocurrencies, and other digital asset projects but faced significant liability under US securities laws. O’Neal Fined $11M In Astral NFT Lawsuit On April 8, 2025, Federico A Moreno, a federal court judge in Florida, United States, finally granted the former NBA star Shaquille O’Neal a final court approval to settle a class-action lawsuit with the Astral NFT buyers for $11 million. The settlement deal stipulates that legend O’Neal will pay $2.9 million in attorney fees and costs. He will also pay back all those who purchased the Astral NFT collection from May 2022 to January 2023. Those who purchased the project’s native $GLXY tokens until January 2023 are also eligible....

Circle, a stablecoin platform and issuer of the USDC coin, has officially filed for IPO, according to a new SEC filing Tuesday. The platform enlisted the help of two of the largest investment banks, JPMorgan and Citi, earlier this week in underwriting the IPO. JUST IN: Circle $USDC stablecoin issuer files for IPO. — Watcher.Guru (@WatcherGuru) April 1, 2025 Circle announced in January 2024 that it was relaunching its plans to go public after delaying a planned IPO in December 2022. The company sent its S-1 registration form to the SEC on Tuesday. Although we are just three months into the year, 2025 has been a fantastic year for cryptocurrencies. Indeed, the asset class has been a focus for the returning US President, Donald Trump. Moreover, he has paid close attention to stablecoins specifically, calling on Congress to forward favorable legislation for the asset class. This is the primary reason for a company like Circle looking to finally go public with its IPO. When the filing is co...

According to public records from the Delaware state website, VanEck has filed for an Avalanche (AVAX) exchange-traded fund (ETF). The filing is dated Mar. 10 and is called VanEck Avalanche ETF. Source: Delaware.gov Also Read: Bitcoin Plan: Scaramucci’s 2% Strategy Wasn’t Enough—Saylor Calls It Contradictory Cryptocurrency-based ETFs To Take Charge In 2025 Source: Watcher Guru VanEck’s AVAX ETF filing comes as no surprise as the crypto industry has seen a surge in the applications of crypto-based ETF products. The SEC made history in January 2024 when it approved 11 spot Bitcoin (BTC) ETFs. The SEC later went on to approve Ethereum ETFs as well. Many anticipate the pro-crypto leadership in the US to lead to the approval of several more crypto-based ETFs. Also Read: Coinbase Revolutionizes U.S. Crypto Market with 24/7 Bitcoin Futures Crypto ETFs have seen significant outflows over the last few weeks. The market has taken a significant hit after the US announced tariffs against multi...

Ripple (XRP) is one of the leading cryptocurrency tokens that have been creating credible noise as of late. The token is currently a crucial part of Trump’s strategic crypto reserve. At the same time, the token is gaining momentum with each passing day. Will Ripple (XRP) be able to find a new high by the end of March 2025? Let’s find out. Also Read: Top 3 Cryptocurrencies To Buy During The Current Market Dip Ripple: What’s Happening Source: Skilling.com Ripple (XRP) is currently one of the most popular cryptocurrency tokens to interact with at the moment. The token is currently sitting in the center of some of the most dynamic changes, which include the token being a part of a strategic crypto reserve. At the same time, XRP ETF development is also giving significant price popularity to the token. With the US SEC currently on a spree to end major legal cases against several crypto giants, Ripple is also in the queue, expecting its case with the SEC to resolve any time s...

With big things expected from the cryptocurrency market this year, there is no shortage of excitement. Among the highest potential tokens is Ripple, which jumped 2% Friday on news that a Spot XRP ETF was nearing, leading many to question just how high the crypto can go in this January to kick off 2025. Since the month of November, XRP has been one of the biggest gainers throughout the industry. Moreover, with its legal challenges likely to be behind it this year, those kinds of price jumps are expected to continue. The asset’s price potential over the next several weeks looks to paint an interesting picture of how it could perform throughout the next few months. Ripple Gets Boost From ETF News Source: Great Place to Work Also Read: Ripple President Says Spot XRP ETF is ‘Next in Line’ The last several years have certainly not been easy for Ripple. Indeed, the cryptocurrency firm has struggled with ongoing regulatory conflicts in the United States. Those troubles resulted in a years...

VeChain is currently trading at $0.049 on Monday and is up nearly 1.5% in the day’s trade. VET kicked-started a rally after Trump reclaimed the White House in November last year and surged 72%. The altcoin is attracting bullish sentiments, with investor confidence making a comeback in the markets. Traders believe Trump could boost the economy and lead it to greener pastures. In this article, we will highlight a price prediction on how high VeChain could trade this month after Trump takes office. Also Read: Shiba Inu to Double in Price, Rise 109% After Trump Takes Office VeChain: Should You Buy VET Before Trump Takes Oath? Source: Unsplash Leading on-chain metrics and price prediction firm CoinCodex has painted a positive picture for VeChain this month. However, the profits seem meager as the forecast estimates VET could surge by only 6% after Trump takes office. According to the price prediction, the supply chain-based cryptocurrency could reach a high of $0.052 a few days after T...

Major changes hit Ripple XRP as its battle with the SEC reached a turning point. SEC Chair Gary Gensler will resign soon, as Commissioner Caroline Crenshaw lost her seat. New crypto regulations are coming, and we’re excited to see them soon. RLUSD’s launch and the January 15 deadline bring fresh hope to XRP holders amid market volatility. Ripple XRP holders are eager to hear about these developments. Also Read: Fed’s 3rd Rate Cut Due Today: What a 0.25% Drop Means for Crypto Markets Ripple XRP’s Legal Battle: Market Volatility, SEC Regulations & Risks Source: Watcher Guru Leadership Changes Reshape SEC Strategy Trump promised to fire Gensler, and now Gensler will leave on January 20th. Paul Atkins will likely be the new SEC Chair. He may change crypto regulations, while Crenshaw’s exit removes her anti-crypto voice from SEC decisions. These shifts helped Ripple XRP hit new price highs this year, and we have more to see until it ends. Ripple XRP’s market pos...

After years of waiting, the Securities and Exchange Commission (SEC) made a cryptocurrency market splash in January 2024, first with a fake announcement resulting from a hack and then with the genuine approval of a string of spot Bitcoin (BTC) exchange-traded funds (ETFs). Investors seeking to gain exposure to BTC without engaging directly with the world of digital assets were suddenly flooded with options, with each major issuer attempting to entice traders with competitive fee structures.  The approach has so far proven successful, with $188 million flooding into BTC ETFs on Thursday, October 24 alone. Picks for you Insider trading? Trader buys memecoins 'in the same second' of Binance listings 2 hours ago AI sets XRP price...

The FBI has charged eight companies for operating an alleged pump-and-dump scheme after creating a fake crypto token, NexFundAI, as part of an undercover sting. Crypto companies Saitama, Robo Inu, VZZN and Lilian Finance, and market makers Gotbit, ZM Quant, CLS Global and MyTradeMM were all accused of working together to manipulate the prices of over 60 low cap coins. Suits against these companies were filed on Oct. 9 by the US Securities and Exchange Commission ( SEC ). FBI Launches NexFundAI After SEC’s Saitama Tip Off The FBI received a tip off from the SEC that Saitama was engaging in market manipulation to increase its token’s price and make investors believe that there was interest in the project. Eventually, the investigation into the project led to the launch of NexFundAI, a fake token created by the FBI to observe how these on-demand market makers operated. The fake crypto only traded for 24 hours on May 31. During this period, it generated $4,600 in artific...

The culmination of a tumultuous journey has finally arrived, as the US Securities and Exchange Commission (SEC) has approved the issuance of Spot Ethereum ETFs. Indeed, the decision arrived just five months after the agency granted similar approval to the Spot Bitcoin ETFs to start the year. The decision marks the approval of the country’s sec ond crypto-based ETF. Moreover, it represents a monumental shift in the overall accessibility of the sec ond-largest cryptocurrency to institutional investors. BREAKING: SEC officially approves all spot Ethereum ETFs. — Watcher.Guru (@WatcherGuru) May 23, 2024 Also Read: SEC Chair Gary Gensler: ‘Stay Tuned’ on Ethereum ETF Decision Spot Ethereum ETFs Approved by SEC Following the approval of Spot Bitcoin ETFs at the start of 2024, the market anticipated what cryptocurrency could be next. Naturally, all eyes are directed toward Ethereum. Although it appears likely, the overall sentiment of the SEC has diminis...