SEC expressed strong resistance towards
Coinbase's subpoena request in a legal matter, with NY Court endorsing the SEC's stance. Meanwhile, the key focus is on the progress of
Request network (REQ), where the future price prediction shows optimistic growth, sparking widespread interest amongst cryptocurrency portfolios. The
Request Coin is likely to rise amidst SOL, ADA, and MATIC not being declared as securities in the Binance suit.
Client demand for
BlackRock's Bitcoin ETF is seen to drive market growth. Notably, direct Bitcoin products demand is exceeding supply. However, the mixed response was observed in Ethereum-demand with some predicting underwhelming interest. Coinciding with this, Grayscale dropped its
Ethereum futures ETF application, further promoting the narrative of Ethereum being a commodity and not a security. Questions about
Request coins' involvement with meme fever in the
Solana Network are currently circulating.
SEC continues to maintain its opposition to various other requests, including that of Ripple and Coinbase, while encouraging public feedback for Bitcoin ETFs. Other legal battles involving
SEC saw Ripple being directed by the court to share its financial statements, and a challenge to SEC's request by CZ of Binance. An aura of uncertainty surrounds the crypto world with ongoing, unfinished, withdrawn, and denied applications with the regulatory bodies. Evidently
Request coin is driven by the dynamic circumstances of the market.
Request Coin News Analytics from Wed, 11 Aug 2021 07:00:00 GMT to Wed, 07 Aug 2024 16:07:48 GMT -
Rating 7
- Innovation 8
- Information 4
- Rumor -3
