The recent approval of the Ethereum Spot ETF has stirred up a lot of speculations regarding its potential performance once it hits the trading market. Analysts like James Seyffart have weighed in on the subject, offering their thoughts on the possible level of investments that these funds could attract compared to their Bitcoin-based counterparts. Seyffart
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Coinbase has recently accused the SEC of attempting to dodge the Howey test in a motion for an interlocutory appeal filed in the US District Court for the Southern District of New York. The exchange claims that the SEC is sidestepping the question of whether a digital asset transaction lacking post-sale obligations can be deemed
In the world of cryptocurrency, every tiny indicator is examined under a microscope in hopes of predicting the next big move in the market. A recent development in the Bitcoin space has sparked optimism among analysts, suggesting a potential rally for the world’s largest cryptocurrency based on a unique technical pattern. The Stablecoin Supply Ratio
Coinbase recently announced a staggering revenue of $1.64 billion in the first quarter, surpassing the initially expected $1.34 billion. This remarkable surge in revenue coincided with a robust Bitcoin rally that has made a significant impact on the entire crypto market. The company’s earnings per share were reported at $4.40, well above the average analyst
Recent discussions between House leaders and Senate Majority Leader Chuck Schumer have sparked speculation about potential action on stablecoin legislation in the upcoming sessions. The House Financial Services Chair Patrick McHenry and ranking member Maxine Waters have engaged in talks with Schumer, highlighting the need for regulatory clarity in the field of financial technology. Reports
Ethereum and its Layer 2 scaling solution, Polygon, have emerged as the top choices for new users in the first quarter of 2024. According to the latest report by Flipside, these two blockchain platforms have attracted a significant number of new users compared to other EVM chains since the beginning of the year. With Polygon
Policymakers are constantly faced with the challenge of regulating emerging technologies such as blockchain and AI while trying to strike a balance between innovation and security. However, there is a persistent disconnect between policymakers and technology, resulting in the oversight of crucial aspects of new technologies. This disconnect is evident in the recent actions of
The recent frenzy around Wally the Whale token has taken the cryptocurrency market by storm. With an astonishing 44,510% gain in just 24 hours, WALLY has captured the attention of both retail traders and seasoned investors alike. The launch of WALLY on April 2nd saw an explosive start, with a DEX listing that immediately drew
Find out the key differences between Bitcoin Cash and Bitcoin SV, two offshoots of Bitcoin that aim to improve scalability and transaction speed. Understand their purposes, features, block sizes, scalability, development teams, governance, community support, adoption, market performance, and future outlook.
The legal battle between Ripple and the US Securities and Exchange Commission (SEC) is reaching a crucial point as they prepare for a trial scheduled on April 23. In a recent development, both parties have come together to address sealing issues related to the upcoming remedies briefing. This collaborative effort was highlighted in a joint