Tag: SEC

What’s Good for Grayscale and Bitcoin ETFs Could Be Great for Coinbase

Grayscale defeated the U.S. Securities and Exchange Commission (SEC) in court on Tuesday, which is good news for cryptocurrencies and the market is in...

Grayscale Bitcoin ETF Ruling Sends Coinbase Stock Soaring

Shares in cryptocurrency platform Coinbase (COIN) jumped after a federal appeals court ruled in favor of Grayscale's request to convert its spot Bitcoin Trust...

Patrick McHenry: SEC Chairman’s crusade against the crypto ecosystem is falling apart

Patrick McHenry, chairman of the Financial Services Committee of the U.S. House of Representatives, expressed his views on Grayscale's victory in court against the...

Bloomberg analyst: SEC may use custody argument to refuse to convert GBTC into spot ETF

Bloomberg analyst James Seyffart posted on the X platform (formerly Twitter) that it is uncertain whether the SEC will make a new decision in...

Fidelity missed a chance to compete with Coinbase, claims Jurica Bulovic

Former Fidelity executive Jurica Bulovic has claimed that Fidelity could be a formidable competitor to Coinbase in the cryptocurrency space. Bulovic believes that Fidelity should...

Coinbase Investing in Circle, the Issuer of USD Coin (USDC) – This New Bitcoin Alternative can only Profit

In a dynamic move, Coinbase has opted to invest in Circle, the issuer behind the USD Coin (USDC). This strategic collaboration creates a closer...

Court Ruling Sparks Volatility in XRP Market

In a recent turn of events, the price of XRP, the popular cryptocurrency known for its association with Ripple Labs, has faced significant disappointment...