Securities & Exchange Commission (SEC) Chair Paul Atkins said in a Friday interview that the agency is waiting for lawmakers to pass additional crypto legislation as it "mobilizes" to update its guidance on digital assets.
Ripple (XRP) holds near its intraday high of $3.38 on Friday, backed by a sudden increase in speculative demand after the United States (US) Securities & Exchange Commission (SEC) signaled a potential end to its five-year lawsuit.
Ethereum (ETH) price is rebounding above $3,800 at the time of writing on Tuesday after setting a new year-to-date high at $3,941 the previous day. Institutional demand for ETH remained robust, with the ETH Exchange Traded Funds (ETFs) adding a further 1.6 million ETH in the past six weeks.