Sunday, June 1, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    Courtyard Tops Sales, Doodles Leads in Growth

    Courtyard Tops Sales, Doodles Leads in Growth

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

  • Gaming
    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    The Biggest Shutdowns So Far in 2025

    The Biggest Shutdowns So Far in 2025

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    Blockchain And Crypto Are Future of Online Gambling

    Blockchain And Crypto Are Future of Online Gambling

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    Why GamStop Players Try Competitive Gaming

    Why GamStop Players Try Competitive Gaming

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

    Types, Use Cases and Why They Matter

    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    The Main Differences Between Crypto Exchanges

    What Is a DEX? How DEXs Work and Why They Matter

    What Is Blockchain? Blockchain Technology Explained for Beginners

    What Is Blockchain? Blockchain Technology Explained for Beginners

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    NFT Market Sees $3.91M Volume on OpenSea Amid CryptoPunks’ Dominance

    Courtyard Tops Sales, Doodles Leads in Growth

    Courtyard Tops Sales, Doodles Leads in Growth

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    a new collection of NFT stamps inspired by Mozart and Hedy Lamarr

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    Trump’s controversial memecoin dinner elicited mixed responses from attendees

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    NFT sales drop to $129.8m, Avalanche sales surge 200%

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    Alchemy acquires NFT launchpad HeyMint to accelerate smart wallet development

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

    BeraTone NFT Avatars Are Now Minting Live on OpenSea

  • Gaming
    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data

    The Biggest Shutdowns So Far in 2025

    The Biggest Shutdowns So Far in 2025

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    PCM Wallet Announces Collaboration with DegenVerse to Redefine Web3 Gaming

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    OpenSea Ends Beta, Launches OS2 with Multi-Chain Support, XP Rewards & SEA Token

    Blockchain And Crypto Are Future of Online Gambling

    Blockchain And Crypto Are Future of Online Gambling

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    DeepLink Partners with AscendEX to Power Web3 Gaming in Global Markets

    Why GamStop Players Try Competitive Gaming

    Why GamStop Players Try Competitive Gaming

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Ethereum Games ‘Realms of Alurya’ and ‘Wonder Wars’ Latest to Go Offline

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

    Real-World Asset NFTs Emerge as the Next Big Crypto Trend in May 2025

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

    Types, Use Cases and Why They Matter

    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    The Main Differences Between Crypto Exchanges

    What Is a DEX? How DEXs Work and Why They Matter

    What Is Blockchain? Blockchain Technology Explained for Beginners

    What Is Blockchain? Blockchain Technology Explained for Beginners

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Altcoins

Robinhood crypto gets Wells Notice: Investors ‘disappointed’ in the SEC

May 7, 2024
in Altcoins
111
Robinhood crypto gets Wells Notice: Investors ‘disappointed’ in the SEC
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
  • SEC issued a Wells Notice to Robinhood for potential securities violations.
  • Robinhood responds proactively to regulatory challenges by adjusting operations.

Once again, the United States Securities and Exchange Commission (SEC) has issued a Wells Notice, this time directed toward Robinhood Markets, Inc. 

What’s the matter?

In an 8-K filing submitted over the weekend, Robinhood disclosed that it had received a Wells Notice from the SEC’s staff.

The notice suggests that the SEC may take action against the trading platform for purported securities violations. 

Shedding light on the issue, Dan Gallagher, chief legal, compliance, and corporate affairs officer at Robinhood, in a blog post, said, 

“We firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be.” 

Underlining a unique perspective on the potential impact on the upcoming US elections, Ryan S Adams, a known crypto investor, noted, 

Ryan on Robinhood vs SEC

Source: Ryan Adams/X

 Echoing similar sentiments, Hayden Adams, Uniswap’s CEO, in a separate interview with the “Bankless” podcast, noted,

“The SEC is essentially taking very aggressive stances and basically trying to shut down crypto.”

The potential impact 

The impact of the Wells Notice sent to Robinhood was immediately felt in the market.

Following the news, HOOD (Robinhood’s stock) experienced a significant downturn of approximately 10% during pre-market trading on the 6th of May.

As of the latest update, Robinhood’s stock has declined by 0.95% within the past 24 hours. 

Robinhood's stock price

Source: Google Finance

 Highlighting his disappointment on the issue, Gallagher, added, 

“After years of good faith attempts to work with the SEC for regulatory clarity including our well-known attempt to ‘come in and register,’ we are disappointed that the agency has decided to issue a Wells Notice related to our U.S. crypto business.” 

Interestingly, Wick, a cryptocurrency influencer noted, 

Wick on Robinhood vs SEC

Source: Wick/X

This highlights a common characteristic of bull markets, where asset prices show resilience and fail to react significantly to negative news. 

See also  Ethereum ETF: Approval by 'late May,' or only '25% odds'?

The uncertain fate of Robinhood

Despite regulatory challenges and a pending SEC lawsuit, Robinhood has taken proactive steps, such as delisting tokens including Solana [SOL], Cardano [ADA], and Polygon [MATIC], and adjusting trading fees. 

In conclusion, being behind other exchanges in the SEC’s timeline could benefit Robinhood for strategic adjustments and legal prep.

Yet, immediate impact hinges more on market performance and investor sentiment toward digital assets.

Next: Ethereum addresses rise, pushing ETH back to $3K – What’s next?

READ ALSO

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

Toncoin heats up: What does $398M in trading volume indicate?

  • SEC issued a Wells Notice to Robinhood for potential securities violations.
  • Robinhood responds proactively to regulatory challenges by adjusting operations.

Once again, the United States Securities and Exchange Commission (SEC) has issued a Wells Notice, this time directed toward Robinhood Markets, Inc. 

What’s the matter?

In an 8-K filing submitted over the weekend, Robinhood disclosed that it had received a Wells Notice from the SEC’s staff.

The notice suggests that the SEC may take action against the trading platform for purported securities violations. 

Shedding light on the issue, Dan Gallagher, chief legal, compliance, and corporate affairs officer at Robinhood, in a blog post, said, 

“We firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be.” 

Underlining a unique perspective on the potential impact on the upcoming US elections, Ryan S Adams, a known crypto investor, noted, 

Ryan on Robinhood vs SEC

Source: Ryan Adams/X

 Echoing similar sentiments, Hayden Adams, Uniswap’s CEO, in a separate interview with the “Bankless” podcast, noted,

“The SEC is essentially taking very aggressive stances and basically trying to shut down crypto.”

The potential impact 

The impact of the Wells Notice sent to Robinhood was immediately felt in the market.

See also  A Step-By-Step Guide For Crypto Strategy Optimization With AI Backtesting

Following the news, HOOD (Robinhood’s stock) experienced a significant downturn of approximately 10% during pre-market trading on the 6th of May.

As of the latest update, Robinhood’s stock has declined by 0.95% within the past 24 hours. 

Robinhood's stock price

Source: Google Finance

 Highlighting his disappointment on the issue, Gallagher, added, 

“After years of good faith attempts to work with the SEC for regulatory clarity including our well-known attempt to ‘come in and register,’ we are disappointed that the agency has decided to issue a Wells Notice related to our U.S. crypto business.” 

Interestingly, Wick, a cryptocurrency influencer noted, 

Wick on Robinhood vs SEC

Source: Wick/X

This highlights a common characteristic of bull markets, where asset prices show resilience and fail to react significantly to negative news. 

The uncertain fate of Robinhood

Despite regulatory challenges and a pending SEC lawsuit, Robinhood has taken proactive steps, such as delisting tokens including Solana [SOL], Cardano [ADA], and Polygon [MATIC], and adjusting trading fees. 

In conclusion, being behind other exchanges in the SEC’s timeline could benefit Robinhood for strategic adjustments and legal prep.

Yet, immediate impact hinges more on market performance and investor sentiment toward digital assets.

Next: Ethereum addresses rise, pushing ETH back to $3K – What’s next?
Tags: CryptodisappointedInvestorsNoticeRobinhoodSECWells

Related Posts

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor
Altcoins

CryptoGames now supports Tether (USDT) for deposits and announces partnership with Bitinvestor

June 25, 2024
Toncoin heats up: What does $398M in trading volume indicate?
Altcoins

Toncoin heats up: What does $398M in trading volume indicate?

June 25, 2024
Another $600M Exits, Price Drops Lower
Altcoins

Another $600M Exits, Price Drops Lower

June 25, 2024
Bitcoin faces downward pressure as Mt. Gox prepares for repayments
Altcoins

Bitcoin faces downward pressure as Mt. Gox prepares for repayments

June 25, 2024
XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?
Altcoins

XRP at a crossroads: A drop to $0.445 or rally to $0.5 next?

June 24, 2024
True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares
Altcoins

True Correction Underway? Over $500 Million Exits Bitcoin ETFs — Coinshares

June 24, 2024
Next Post
First bitcoin mining pool adds Stratum V2 feature to circumvent Bitmain

First bitcoin mining pool adds Stratum V2 feature to circumvent Bitmain

Comments 111

  1. казино онлайн says:
    8 months ago

    Лучшие онлайн-казино предлагают своим пользователям широкий выбор игр, включая слоты, рулетку, блэкджек, покер и другие. Кроме того, они часто предлагают бонусы и фриспины новым игрокам, что позволяет им начать играть без необходимости вносить депозит. Регистрация в онлайн-казино обычно занимает несколько минут и требует минимальной информации о пользователе. рейтинг топ лушчее kvhhgbeurm

    Reply
  2. SDiozxscouth says:
    1 month ago

    продажа аккаунтов купить аккаунт с прокачкой

    Reply
  3. Olasxcouth says:
    1 month ago

    заработок на аккаунтах купить аккаунт

    Reply
  4. SDiozxscouth says:
    1 month ago

    заработок на аккаунтах аккаунт для рекламы

    Reply
  5. Josephcouth says:
    1 month ago

    купить аккаунт маркетплейс аккаунтов

    Reply
  6. Robertnam says:
    1 month ago

    перепродажа аккаунтов покупка аккаунтов

    Reply
  7. Olivecouth says:
    1 month ago

    покупка аккаунтов магазин аккаунтов

    Reply
  8. Droscouth says:
    1 month ago

    продать аккаунт платформа для покупки аккаунтов

    Reply
  9. Olivecouth says:
    1 month ago

    маркетплейс аккаунтов соцсетей услуги по продаже аккаунтов

    Reply
  10. Petercauth says:
    1 month ago

    биржа аккаунтов купить аккаунт

    Reply
  11. RichardAtomy says:
    1 month ago

    купить аккаунт с прокачкой маркетплейс аккаунтов

    Reply
  12. Jamesfathy says:
    1 month ago

    магазин аккаунтов продажа аккаунтов

    Reply
  13. Olivecouth says:
    1 month ago

    перепродажа аккаунтов маркетплейс аккаунтов соцсетей

    Reply
  14. Bryantseday says:
    1 month ago

    биржа аккаунтов маркетплейс аккаунтов

    Reply
  15. RichardAtomy says:
    1 month ago

    купить аккаунт продажа аккаунтов соцсетей

    Reply
  16. Davidrix says:
    4 weeks ago

    Account exchange Find Accounts for Sale

    Reply
  17. Jasonrat says:
    4 weeks ago

    Account Exchange Service Verified Accounts for Sale

    Reply
  18. MichaelTat says:
    4 weeks ago

    Buy Pre-made Account Accounts for Sale

    Reply
  19. WalterTrell says:
    4 weeks ago

    Account Acquisition Account market

    Reply
  20. JaredPaf says:
    4 weeks ago

    Account trading platform Sell accounts

    Reply
  21. BrianDEthy says:
    4 weeks ago

    Database of Accounts for Sale https://socialaccountsstore.com/

    Reply
  22. RonaldLOf says:
    4 weeks ago

    Account Acquisition Verified Accounts for Sale

    Reply
  23. Brucetof says:
    4 weeks ago

    Profitable Account Sales Accounts for Sale

    Reply
  24. Williamket says:
    4 weeks ago

    Buy and Sell Accounts Accounts marketplace

    Reply
  25. RonaldLOf says:
    4 weeks ago

    Purchase Ready-Made Accounts Accounts for Sale

    Reply
  26. Brandonwhano says:
    4 weeks ago

    secure account purchasing platform social media account marketplace

    Reply
  27. EdmundModay says:
    4 weeks ago

    account trading service sell account

    Reply
  28. RomeowoT says:
    4 weeks ago

    sell accounts marketplace for ready-made accounts

    Reply
  29. Donaldnuavy says:
    4 weeks ago

    website for buying accounts buy accounts

    Reply
  30. Keithbus says:
    4 weeks ago

    account trading account acquisition

    Reply
  31. RobertPrumn says:
    4 weeks ago

    accounts marketplace database of accounts for sale

    Reply
  32. HectorGek says:
    4 weeks ago

    verified accounts for sale sell accounts

    Reply
  33. Carlostrats says:
    4 weeks ago

    account market account purchase

    Reply
  34. RichardBleme says:
    4 weeks ago

    account store sell account

    Reply
  35. Stephencix says:
    4 weeks ago

    account buying service account trading

    Reply
  36. Carlosdyexy says:
    4 weeks ago

    account selling service secure account sales

    Reply
  37. Clyderoura says:
    4 weeks ago

    account selling service account buying platform

    Reply
  38. Johnnytar says:
    4 weeks ago

    gaming account marketplace database of accounts for sale

    Reply
  39. StevenNut says:
    4 weeks ago

    account market buy and sell accounts

    Reply
  40. ThomasAdvak says:
    4 weeks ago

    buy pre-made account website for selling accounts

    Reply
  41. Philipfeams says:
    4 weeks ago

    sell account guaranteed accounts

    Reply
  42. RandalVieda says:
    4 weeks ago

    account trading account catalog

    Reply
  43. Richardwab says:
    4 weeks ago

    account trading service website for selling accounts

    Reply
  44. Zacharyber says:
    4 weeks ago

    secure account sales secure account sales

    Reply
  45. Kevinnaf says:
    4 weeks ago

    account trading service accounts marketplace

    Reply
  46. RaymondWeply says:
    3 weeks ago

    sell accounts secure account sales

    Reply
  47. Thomasreush says:
    3 weeks ago

    account exchange service guaranteed accounts

    Reply
  48. Nathannus says:
    3 weeks ago

    sell accounts account trading platform

    Reply
  49. BruceGaign says:
    3 weeks ago

    account sale buy account

    Reply
  50. DanielAttap says:
    3 weeks ago

    secure account purchasing platform secure account purchasing platform

    Reply
  51. JasonFof says:
    3 weeks ago

    buy accounts account marketplace

    Reply
  52. ThomasTarne says:
    3 weeks ago

    secure account purchasing platform accounts market

    Reply
  53. accounts-offer.org_Thize says:
    3 weeks ago

    account marketplace https://accounts-offer.org

    Reply
  54. accounts-marketplace.xyz_Thize says:
    3 weeks ago

    account trading platform account market

    Reply
  55. buy-best-accounts.org_Thize says:
    3 weeks ago

    gaming account marketplace https://buy-best-accounts.org/

    Reply
  56. social-accounts-marketplaces.live_Thize says:
    3 weeks ago

    account exchange service https://social-accounts-marketplaces.live

    Reply
  57. accounts-marketplace.live_geonfub says:
    3 weeks ago

    buy accounts account marketplace

    Reply
  58. social-accounts-marketplace.xyz_geonfub says:
    3 weeks ago

    account catalog https://social-accounts-marketplace.xyz

    Reply
  59. buy-accounts.space_geonfub says:
    3 weeks ago

    marketplace for ready-made accounts https://buy-accounts.space

    Reply
  60. buy-accounts-shop.pro_geonfub says:
    3 weeks ago

    account exchange https://buy-accounts-shop.pro/

    Reply
  61. buy-accounts.live_geonfub says:
    3 weeks ago

    marketplace for ready-made accounts https://buy-accounts.live

    Reply
  62. accounts-marketplace.online_geonfub says:
    3 weeks ago

    accounts marketplace https://accounts-marketplace.online

    Reply
  63. accounts-marketplace-best.pro_Thize says:
    3 weeks ago

    account trading platform https://accounts-marketplace-best.pro

    Reply
  64. akkaunty-na-prodazhu.pro_geonfub says:
    3 weeks ago

    купить аккаунт akkaunty-na-prodazhu.pro

    Reply
  65. rynok-akkauntov.top_geonfub says:
    3 weeks ago

    маркетплейс аккаунтов rynok-akkauntov.top

    Reply
  66. kupit-akkaunt.xyz_geonfub says:
    3 weeks ago

    биржа аккаунтов https://kupit-akkaunt.xyz

    Reply
  67. akkaunt-magazin.online_geonfub says:
    3 weeks ago

    магазин аккаунтов маркетплейсов аккаунтов

    Reply
  68. akkaunty-market.live_geonfub says:
    3 weeks ago

    покупка аккаунтов https://akkaunty-market.live

    Reply
  69. kupit-akkaunty-market.xyz_geonfub says:
    3 weeks ago

    покупка аккаунтов https://kupit-akkaunty-market.xyz/

    Reply
  70. akkaunty-optom.live_geonfub says:
    3 weeks ago

    маркетплейс аккаунтов https://akkaunty-optom.live/

    Reply
  71. online-akkaunty-magazin.xyz_geonfub says:
    3 weeks ago

    маркетплейс аккаунтов https://online-akkaunty-magazin.xyz

    Reply
  72. akkaunty-dlya-prodazhi.pro_geonfub says:
    3 weeks ago

    маркетплейс аккаунтов соцсетей https://akkaunty-dlya-prodazhi.pro/

    Reply
  73. kupit-akkaunt.online_geonfub says:
    3 weeks ago

    продажа аккаунтов kupit-akkaunt.online

    Reply
  74. buy-adsaccounts.work_geonfub says:
    2 weeks ago

    buy facebook ads accounts buying facebook accounts

    Reply
  75. buy-ad-accounts.click_geonfub says:
    2 weeks ago

    facebook ads account buy facebook accounts to buy

    Reply
  76. buy-ad-account.top_geonfub says:
    2 weeks ago

    buy facebook old accounts cheap facebook accounts

    Reply
  77. buy-ads-account.click_geonfub says:
    2 weeks ago

    cheap facebook advertising account facebook ad account buy

    Reply
  78. ad-account-buy.top_geonfub says:
    2 weeks ago

    facebook ad account for sale https://ad-account-buy.top

    Reply
  79. buy-ads-account.work_geonfub says:
    2 weeks ago

    buy old facebook account for ads buy facebook accounts for ads

    Reply
  80. ad-account-for-sale.top_geonfub says:
    2 weeks ago

    buy facebook profile facebook ad accounts for sale

    Reply
  81. buy-ad-account.click_geonfub says:
    2 weeks ago

    buy fb ads account https://buy-ad-account.click

    Reply
  82. ad-accounts-for-sale.work_geonfub says:
    2 weeks ago

    buy fb ads account https://ad-accounts-for-sale.work

    Reply
  83. buy-ads-account.top_geonfub says:
    2 weeks ago

    google ads account for sale https://buy-ads-account.top

    Reply
  84. buy-ads-accounts.click_geonfub says:
    2 weeks ago

    buy google adwords account https://buy-ads-accounts.click

    Reply
  85. buy-ad-account.click_geonfub says:
    2 weeks ago

    buy facebook account https://buy-accounts.click

    Reply
  86. ads-account-for-sale.top_geonfub says:
    2 weeks ago

    google ads agency accounts https://ads-account-for-sale.top

    Reply
  87. ads-account-buy.work_geonfub says:
    2 weeks ago

    buy aged google ads account https://ads-account-buy.work

    Reply
  88. buy-ads-invoice-account.top_geonfub says:
    2 weeks ago

    adwords account for sale https://buy-ads-invoice-account.top

    Reply
  89. buy-account-ads.work_geonfub says:
    2 weeks ago

    sell google ads account buy google ads invoice account

    Reply
  90. buy-ads-agency-account.top_geonfub says:
    2 weeks ago

    buy google ads accounts https://buy-ads-agency-account.top

    Reply
  91. sell-ads-account.click_geonfub says:
    2 weeks ago

    buy verified google ads accounts https://sell-ads-account.click

    Reply
  92. ads-agency-account-buy.click_geonfub says:
    2 weeks ago

    buy aged google ads account https://ads-agency-account-buy.click

    Reply
  93. buy-business-manager.org_geonfub says:
    2 weeks ago

    buy facebook business manager accounts https://buy-business-manager.org

    Reply
  94. buy-verified-ads-account.work_geonfub says:
    2 weeks ago

    google ads reseller https://buy-verified-ads-account.work/

    Reply
  95. buy-bm-account.org_geonfub says:
    2 weeks ago

    verified bm https://buy-bm-account.org/

    Reply
  96. buy-verified-business-manager-account.org_geonfub says:
    2 weeks ago

    facebook bm account buy https://buy-verified-business-manager-account.org

    Reply
  97. buy-verified-business-manager.org_geonfub says:
    2 weeks ago

    buy bm facebook buy-verified-business-manager.org

    Reply
  98. buy-business-manager-acc.org_geonfub says:
    2 weeks ago

    verified business manager for sale buy-business-manager-acc.org

    Reply
  99. business-manager-for-sale.org_geonfub says:
    2 weeks ago

    buy verified business manager facebook https://business-manager-for-sale.org

    Reply
  100. buy-business-manager-verified.org_geonfub says:
    2 weeks ago

    unlimited bm facebook buy-business-manager-verified.org

    Reply
  101. buy-bm.org_geonfub says:
    2 weeks ago

    facebook business account for sale buy verified facebook business manager account

    Reply
  102. verified-business-manager-for-sale.org_geonfub says:
    2 weeks ago

    buy facebook ads accounts and business managers https://verified-business-manager-for-sale.org

    Reply
  103. buy-business-manager-accounts.org_geonfub says:
    2 weeks ago

    buy facebook verified business account https://buy-business-manager-accounts.org

    Reply
  104. buy-tiktok-ads-account.org_geonfub says:
    2 weeks ago

    buy tiktok ads accounts https://buy-tiktok-ads-account.org

    Reply
  105. tiktok-ads-account-buy.org_geonfub says:
    2 weeks ago

    tiktok ad accounts https://tiktok-ads-account-buy.org

    Reply
  106. tiktok-ads-account-for-sale.org_geonfub says:
    2 weeks ago

    tiktok ads account for sale tiktok ads agency account

    Reply
  107. tiktok-agency-account-for-sale.org_geonfub says:
    2 weeks ago

    buy tiktok ads https://tiktok-agency-account-for-sale.org

    Reply
  108. buy-tiktok-ad-account.org_geonfub says:
    2 weeks ago

    tiktok ads agency account https://buy-tiktok-ad-account.org

    Reply
  109. tiktok-ads-agency-account.org_geonfub says:
    1 week ago

    buy tiktok business account https://tiktok-ads-agency-account.org

    Reply
  110. buy-tiktok-business-account.org_geonfub says:
    1 week ago

    buy tiktok ads https://buy-tiktok-business-account.org

    Reply
  111. buy-tiktok-ads.org_geonfub says:
    1 week ago

    tiktok ad accounts https://buy-tiktok-ads.org

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
Ethereum crosses $3.2K as L2 crosses new milestone: What now?

Ethereum crosses $3.2K as L2 crosses new milestone: What now?

May 6, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Is the altcoin season finally here?

Is the altcoin season finally here?

December 7, 2023
Scroll Single-Day Transactions Hit New 200k High: What’s the Cause?

Scroll Single-Day Transactions Hit New 200k High: What’s the Cause?

October 31, 2023
Why did 860,000 XRP investors choose the altcoin this month?

Why did 860,000 XRP investors choose the altcoin this month?

May 4, 2024
Chinese Telecom Giant Coolpad to Drop $13.5M on Bitcoin Mining Rigs

Chinese Telecom Giant Coolpad to Drop $13.5M on Bitcoin Mining Rigs

June 17, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • Dæmons Taps Orochi Network to Power GameFi with Verifiable On-Chain Data
  • Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs
  • The Biggest Shutdowns So Far in 2025

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.