David Schwartz, CTO of Ripple, recently shared his thoughts on the changing dynamics of U.S. securities law. Specifically, he addressed its application to digital assets and underscored the necessity for legislative clarity to pave the way for balanced regulation. Schwartz underscored the flexible nature of the Howey test, which serves as a cornerstone for securities […]
Coinbase has revealed the U.S. Commodity Futures Trading Commission (CFTC) subpoenaed it in an unknown matter through an email sent to its users this week and obtained by CryptoSlate. The email does not provide extensive information about what the financial regulator might be investigating. However, Coinbase said it was requested to provide information about its […]
The price of Ethereum (ETH) has risen sharply today, hitting a new 2023 high of $2,250 as the cryptocurrency market continued to trend higher toward a successful year-end. The recent strong upward trend in Ethereum aligns with Bitcoin’s continuous attempt to break above $41,000, which it did today. As of the time of writing, the […]
A widely followed crypto strategist thinks that rallies are in sight for the layer-1 blockchain Tron (TRX) and the decentralized finance (DeFi) lending protocol Aave (AAVE). Pseudonymous analyst Rekt Capital tells his 373,000 followers on the social media platform X that TRX ended November on a bullish note after the crypto asset closed above its […]
Ethereum (ETH), the world’s second-largest cryptocurrency, is demonstrating robust momentum as its price stages a resurgence, reclaiming levels above $2,000. This bullish trend gains traction concurrently with significant developments in the US Securities and Exchange Commission (SEC). The regulatory authority is engaging in discussions regarding the potential approval of a spot Ethereum Exchange-Traded Fund (ETF). […]
The general crypto market has recorded a slight boost in the last week as market leader Bitcoin surged by 4.44% to trade above the $39,000 price mark. As bullish sentiments continue to rise, popular crypto analyst Austin Arnold has now highlighted four tokens that offer investors a high potential for profitability in the coming weeks. […]
The native asset for a crypto project focused on the Internet of Things soared by 31% this week amid the launch of a new $100 million ecosystem foundation. IOTA is a distributed ledger technology (DLT) that aims to serve as the backbone of the Internet of Things. The project’s native token is trading around $0.236 […]
A federal judge first slapped Debt Box with a temporary restraining order, restricting its access to its assets, in August. However, he later dissolved the order after Debt Box demonstrated it had neither moved funds outside the U.S., nor closed its bank accounts two days before a hearing over the SEC’s request to freeze its […]
A crypto analyst has singled out an event that could be the spark that Ethereum needs to hit the price level of $3,500. He believes that the second-largest cryptocurrency by market cap is going to make this run after Bitcoin “gets its shine.” How Ethereum Will Hit $3,500 In a post shared on his X […]
Ripple’s (XRP) landmark win against the SEC, had a ripple effect on the crypto market, creating newfound confidence in investors. The summary verdict in favor of XRP, changed the crypto landscape, which has been full of regulatory concerns over the last year. Now that XRP is not considered a security, it was a victory not […]
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