The SEC’s arguments against Coinbase are ‘not particularly strong,’ law expert says
MetaLawMan believes that Coinbase is likely to win the Major Doctrine Questions argument, either at district court or during appeal.
Read crypto trading news, market structure shifts, technical setups, derivatives activity, and strategies used across volatile markets.
Spot trading activities on exchanges have dropped to their lowest level since 2020.
Several blockchain security firms have estimated that the protocol lost over $5 million in crypto assets.
The crypto industry is concerned that all cryptocurrencies besides the four listed on the newly launched EDX exchange — BTC, ETH LTC, and BCH — could potentially be barred from trading in the U.S.
The token has somewhat recovered since the June 30 crash to $0.47, as of press time, but is struggling to push further as bears are now firmly in control.
News of impending rejection from the SEC over language concerning surveillance agreements have led to a wave of updated refilings.
Litecoin, one of the oldest coins in the cryptocurrency ecosystem, has received a sharp boost in price, though the immediate causes are unclear.