Ripple’s Chief Legal Officer, Stuart Alderoty, recently spoke out about the U.S. Securities and Exchange Commission’s (SEC) handling of cryptocurrency cases. Commenting on the agency’s decision to drop its appeal against Ripple, Alderoty questioned why the SEC even pursued such cases in the first place.
He pointed out that the SEC hasn’t just withdrawn its case against Ripple, but has started backing down from actions against other crypto companies as well. According to Alderoty, this is because the SEC has been enforcing rules without clearly explaining what those rules are.
“We never had proper guidelines and regulations for crypto in this country,” Alderoty said. “Now, it’s time to clean up the mess, focus on running our businesses, and work alongside Congress to create smart, clear crypto regulations.”
In the newest Crypto In One Minute, Ripple’s Chief Legal Officer @s_alderoty explains why the SEC dropped its appeal against Ripple in March 2025, and where the US is going with smart crypto regulation on the horizon: https://t.co/HJ4wTBWDmx
He said that these new regulations should protect consumers, ensure market integrity, keep bad actors out, and most importantly — allow innovation in the crypto space to grow.
In a huge development for the cryptocurrency industry, Paul Atkins has officially been sworn in as Chairman of the U.S. Securities and Exchange Commission (SEC). Known for his pro-crypto stance, Atkins’ appointment is being hailed as the beginning of a new era for digital asset regulation in the United States.
This marks a return to the SEC for Chairman Atkins, who previously served as a Commissioner from 2002 to 2008 under President George W. Bush. During that time, he was known for championing transparency, consistency, and the use of cost-benefit analysis in regulatory decision-making—principles that many hope he will now apply to modern crypto policy.
The industry has been eagerly awaiting his arrival. While Acting Chair Hester Peirce and interim leader Mark Uyeda have made strides—particularly in fostering transparency and holding crypto roundtables—Atkins is expected to bring greater momentum and authority to the agency’s crypto-related efforts.
“As I return to the SEC, I am pleased to join with my fellow Commissioners and the agency’s dedicated professionals to advance its mission to facilitate capital formation; maintain fair, orderly, and efficient markets; and protect investors,” Atkins said.
He added, “ Together we will work to ensure that the U.S. is the best and most secure place in the world to invest and do business.”
Under Peirce’s leadership, the SEC has already made headway, dropping several high-profile cases and providing new guidance around crypto mining, stablecoins, and meme coins. However, areas like NFTs and token classification remain complex and unresolved. With Atkins now in charge, insiders expect swift movement toward a standardized “token test” to determine whether a digital asset should be classified as a security.
The post Big News: Pro-Crypto Paul Atkins Sworn In as SEC Chairman appeared first on Coinpedia Fintech News
In a huge development for the cryptocurrency industry, Paul Atkins has officially been sworn in as Chairman of the U.S. Securities and Exchange Commission (SEC). Known for his pro-crypto stance, Atkins’ appointment is being hailed as the beginning of a new era for digital asset regulation in the United States. This marks a return to …
Ethereum (ETH) price is on a bullish path today, May 1, after crossing above $1,850 for the first time in more than three weeks. The gains come amid chatter that ETH may have hit a local bottom, with key on-chain metrics supporting this hypothesis.
ETH value today trades at $1,847 with a modest 2.62% gain in 24 hours. The uptrend coincides with a 60% spike in trading volumes, as the market eagerly awaits whether a breakout above the psychological level of $2,000 will happen next.
ETH/USDT: 4-Hour Chart
Has Ethereum (ETH) Price Bottomed as MVRV Z-Score Spark Speculation?
The Ethereum MVRV Z-Score has plummeted to an extremely oversold region, a move that has historically formed a bottom for this altcoin. Looking at past trends, each time the ETH price entered this zone, it was followed by a notable surge in the price.
For instance, in 2023, the MVRV Z-Score reached a local bottom as ETH plummeted to around $1,500. As soon as this metric flashed an oversold signal, a parabolic rally ensued within three months to above $3,800. In 2020, the Ethereum price surged 5x from around $200 to above $1,000 shortly after this indicator also became oversold.
Ethereum MVRV Z-Score
If the above trend repeats, ETH price may have just found its local bottom within the $1,700 to $1,800 range, and it is now poised to make a bullish reversal.
Delta Growth Rate Signals ETH Recovery
At the same time, the Delta Growth Rate, a metric used to measure the ratio of ETH’s market cap against its realized cap has also plunged to bear market territory. Just like the MVRV Z-Score ratio, whenever this metric turns negative, it suggests that the Ethereum bottom is in, and the price eyes an upward trajectory.
Ethereum Delta Growth Rate
Besides on-chain metrics, analyst sentiment also supports a bullish Ethereum price prediction and the argument that ETH has indeed bottomed. Titan of Crypto noted that ETH’s “monthly RSI is back at the same level where the altcoin has historically bottomed. Merlin the Trader also opines,
“In 2020, Bitcoin consolidated at $8K… Most ignored it. Then it hit $64K. Today, Ethereum is showing the exact same structure. Accumulation. Compression. Explosion loading.”
The combination of these on-chain metrics and analysts’ views supports the argument that the bottom is in, and ETH price may breakout past $2,000 to multi-month highs is possible.
Ethereum Price Analysis as Rally to $3,000 Beckons
As on-chain metrics indicate that the Ethereum price bottom is in, a rally to $3,000 may be on the horizon, and the daily price chart supports the likelihood of this happening in the coming months.
ETH has broken out of a descending parallel channel, indicating that it wants to overcome the downward trend and push higher. A confirmation of this breakout will occur if ETH makes several decisive closes above the upper trendline and overcomes the first resistance level at $2,112.
If Ethereum can flip this first resistance level and also overcome the next hurdle at $2,472, it will be prime for the next run-up towards $3,064.
ETH/USDT: 1-day Chart
Technical indicators support this bullish thesis, with the RSI making higher highs as the CMF maintains levels above 50, indicating that sellers are not overpowering buyers despite market-wide uncertainty. However, this bullish thesis will be invalid if the Ethereum price slips below the mid-line of the descending channel.
The Cardano price secured a prominent spot on investors’ radars amid the recent US crypto stockpile announcement. Intriguingly, a renowned crypto market analyst has taken the stage amid this development to reveal how ADA price can rally to $2 ahead. In light of the market-wide bets of the crypto being included in the ‘crypto stockpile’ announced by Trump, traders and investors infer whether the analyst’s forecast is set to unfold.
Top Analyst Reveals Why Cardano Price Rally To $2 Looms
In an X post by Ali Martinez on March 7, the analyst revealed that Cardano price has been forming a right-angled descending broadening wedge pattern since December last year. Per the analyst, the $1.14 level acts as a key horizontal resistance barrier amid this formation.
A daily candlestick close above this resistance could trigger a bull rally to $2, the analyst added. However, ADA price traded down 7% in the past 24 hours and exchanged hands at $0.8822. The coin bottomed at $0.8232, waning in line with the broader crypto market trend today.
Nevertheless, traders and investors continue to eye the coin bullishly amid broader advancements.
Why The Sudden Optimism Around Cardano Price?
It’s worth mentioning that traders and investors are abuzz with the latest pro-cryptocurrency developments in the US President Donald Trump recently signed an executive order for a Bitcoin strategic reserve, whilst a ‘crypto stockpile’ for altcoins is also in the pipeline.
This stockpile is highly anticipated to encompass altcoins like Ethereum (ETH), XRP, Solana (SOL), and ADA. As an upshot, market watchers weigh considerable optimism over the crypto’s long-term potential in sync with the analyst’s projections.
More Analysts Join The Fray, Ignite Market Bullishness
Simultaneously, a couple of other renowned market analysts added bullishness over ADA price outlook.
Analyst Rose Premium Signals took to X, revealing that ADA is consolidating within a descending channel on the daily chart. With this statement, the analyst signaled that the price is hovering around descending resistance, hinting at a potential breakout. The short-term targets for the crypto remain at $1.30 and $1.40, which is up over 40% from the current level.
Source: Rose Premium Signals, X
On the other hand, market expert Coinvo posted on X, revealing that Cardano’s price is about to go parabolic after Trump’s announcement of the crypto stockpile. Overall, market watchers remain highly bullish about crypto amid broader developments despite a waning price action today. Simultaneously, the upcoming White House crypto summit is also expected to offer further clarity on the U.S. crypto stockpile.
Protecting consumers
… pic.twitter.com/KD9bi66sGI
