Coinbase recently filed a closing brief with the US Court of Appeals for the Third Circuit on May 31, taking issue with the SEC’s denial of its rulemaking petition. At the heart of the matter is a single sentence in the SEC’s order which “disagreed” with Coinbase’s assertion that current SEC rules are unworkable for
As the cryptocurrency market continues to evolve, the potential launch of US spot Ethereum ETFs is generating a significant amount of buzz. Bloomberg ETF analyst Eric Balchunas recently stated that there is a “legit possibility” that these ETFs could be launched by the end of June. While an earlier mid-June launch is considered a long
The recent ruling by the U.S. District Court for the District of Utah to dismiss the Securities and Exchange Commission’s (SEC) case against Digital Licensing, known as Debt Box, has caused quite a stir. Not only was the case closed without prejudice, but the SEC was also ordered to pay a substantial amount – approximately
The recent announcement of a strategic partnership between cryptocurrency exchange OKX and blockchain technology company Immutable has sent ripples through the gaming industry. This collaboration aims to harness the power of Immutable’s zkEVM solution, a cutting-edge technology that offers enhanced features for gamers and game studios. By leveraging Ethereum’s Virtual Machine (EVM) with improved scalability
Crypto analyst Nick from the Cheeky Crypto YouTube channel has made a bold prediction regarding the future price of Cardano (ADA). He suggests that the cryptocurrency could potentially reach $38 at some point down the line, although he acknowledges that this may not happen in the near future. This extremely optimistic outlook is based on
SEC commissioner Hester Peirce recently put forward a groundbreaking proposal for a shared digital securities sandbox between the United States and the United Kingdom. This initiative aims to extend the existing digital securities sandbox operated jointly by the Bank of England and the Financial Conduct Authority (FCA) to include participation from US firms. The proposal,
It seems that a crypto strategist who accurately predicted the current Bitcoin downtrend may have more insight to offer about where the price is headed next. The decline in the crypto market that was initially predicted may only be in its beginning stages, according to the analyst. This warning came at a time when the
The trend of launching meme coins has significantly increased this year, with many of these coins having questionable ties. Lookonchain’s data has shed light on the dangers associated with trading meme coins, especially those endorsed by celebrities. One recent example is American celebrity Caitlyn Jenner’s JENNER coin, which was introduced on the Solana blockchain. Despite
Blockchain analysis firm Nansen recently revealed that DBS Bank, a prominent banking institution in Singapore, has emerged as a significant player in the world of cryptocurrency. A crypto wallet allegedly owned by DBS Bank contains a substantial amount of 173,753 Ether (ETH), with a market value of approximately $650 million. The wallet, which came under
The world of digital assets is constantly evolving, with SEI NFTs emerging as a popular choice for artists, gamers, and collectors. Powered by its open-source Layer 1 blockchain, the Sei Network is making a significant impact in the NFT space. One of the key factors driving the appeal of SEI NFTs is the network’s ability