President Joe Biden recently vetoed H.J. Res. 109, a move that stirred controversy within the financial and political spheres. The resolution aimed to overturn the SEC’s SAB 121 rule, which has been a subject of heated debate. Biden defended his veto by stating that SAB 121 represents the technical views of SEC staff and plays
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Coinbase recently filed a closing brief with the US Court of Appeals for the Third Circuit, challenging the SEC’s denial of its rulemaking petition. The crux of the case revolves around a single sentence in the SEC’s order that “disagreed” with Coinbase’s assertion that current SEC rules are unworkable for digital asset firms. This lack
Blockchain technology has been making waves in various industries, and the gaming sector is no exception. In a recent announcement, cryptocurrency exchange OKX and blockchain technology company Immutable have come together to revolutionize the gaming industry. By leveraging Immutable’s zkEVM solution, the partnership aims to introduce enhanced features and benefits for gamers and game studios
The launch of spot Ethereum ETFs in the US has been eagerly anticipated, with experts speculating that it could happen as early as June. Bloomberg ETF analyst Eric Balchunas has indicated that there is a legitimate possibility of spot Ethereum ETFs launching by the end of June. However, he also mentioned that an earlier mid-June
The ultra-bullish prediction of Cardano rising to $38 seems highly unrealistic and speculative. While it is important to have optimism in the cryptocurrency market, it is equally crucial to ground predictions in reality. Making such extravagant claims without concrete evidence or a clear roadmap undermines the credibility of the analyst. The prediction fails to take
In a recent development, SEC commissioner Hester Peirce put forward an intriguing proposal for a shared digital securities sandbox between the US and the UK on May 29. This proposal aims to expand the existing joint digital securities sandbox (DSS) of the Bank of England and the FCA to include US firms. The idea behind
One crypto strategist, known as Xanrox, has made a bold prediction about the future of Bitcoin. Despite the recent climb above $70,000, Xanrox warned the crypto community that a decline in the price of Bitcoin may be on the horizon. This prediction comes at a time when the market is still filled with euphoria and
The collaboration between the Web3 gaming ecosystem XPLA and Com2uS Group has led to the official launch of XPLA Verse, a layer 2 chain, on the Oasys blockchain. This launch marks the inclusion of popular games from Com2uS, such as “Summoners War: Chronicle” and “The Walking Dead: All-Stars,” into the blockchain gaming world. XPLA Verse
In recent months, Ethereum whales have been making significant moves in the cryptocurrency market. These whales, representing the largest investors in the space, have been actively increasing their holdings of Ethereum. According to a report by Santiment, the on-chain data shows a surge in whale activity, potentially triggered by the SEC’s approval of spot Ethereum
The recent surge in Solana meme coin prices is indicative of the growing interest in meme coins within the crypto market. Dogwifhat (WIF) has seen a significant increase of 27% in value since the beginning of the week, with the potential to retest its 20224 high of $4.80. This spike in WIF’s value is attributed