From Cointelegraph

April 10, 2025 5:45 PM:

The US Securities and Exchange Commission (SEC) dismissed a lawsuit against Helium developer Nova Labs for allegedly issuing unregistered securities. The lawsuit, filed in January 2025, was among the SEC’s final enforcement actions under former Chair Gary Gensler. Helium stated the dismissal establishes that Helium Hotspots and tokens are not securities.

On the same day, Trump-nominee Paul Atkins replaced Gensler as SEC Chair. Helium is a blockchain network allowing anyone to build wireless networks, with 375,000 active hotspots. HNT has a market capitalization of $480 million as of April 10, down from over $5 billion in November 2021, according to CoinGecko.

The SEC under Gensler brought over 100 charges against Web3 developers for securities violations. Since Trump took office, the SEC reversed course, dropping charges against crypto firms like Coinbase, Kraken, Ripple, and Uniswap. Trump has positioned himself as a pro-crypto President, aiming to make America the “world’s crypto capital” and ordering a national Bitcoin reserve.

Read more at Cointelegraph.com

1. Bitcoin reaches new all-time high of $60,000, fueled by increased institutional interest and positive sentiment in the market. Experts predict continued growth as more companies adopt the cryptocurrency as a store of value.
2. Ethereum hits record high of $2,000, driven by the growing popularity of decentralized finance (DeFi) applications and the upcoming upgrade to Ethereum 2.0. Analysts anticipate further price appreciation as demand for the digital asset grows.
3. Tesla announces purchase of $1.5 billion worth of Bitcoin and plans to accept the cryptocurrency as payment for its products. CEO Elon Musk’s endorsement of Bitcoin as a legitimate investment contributes to the digital currency’s mainstream acceptance.
4. Cryptocurrency exchange Coinbase files for IPO, signaling a milestone for the industry’s maturation and acceptance on Wall Street. The move is expected to attract more institutional investors to the digital assets space and boost overall market confidence.: SEC drops suit against Helium for alleged securities violations