Request Coin (REQ) brings together an ecosystem of news and events that range from legal battles with the SEC to heightened demands for Bitcoin products. Amidst the discourse, NYSE Arca withdrew its bid to list commodity trusts and crypto ETFs.
Request Coin's price and predictions for 2024 were highlighted, showing its market potential. And there were interesting occurrences with Trump soliciting funds in Bitcoin, Coinbase appealing SEC’s regulatory overreach, and the FBI remaining tight-lipped about Satoshi’s records.
SEC faced several challenges, such as resistance in court from Coinbase, a lawsuit from Riot, and Texas Blockchain Council over Bitcoin mining data and subpoena requests. Anchoring it to the traditional banking sphere, Goldman and JPMorgan had differing views on a Russian coin rate. Additionally, a trader claimed heavy loss on a questionable exchange, while Coinbase made headlines by narrowing its subpoena.
Bitcoin ETFs continued drawing attention with the SEC calling for final submissions for Ether’s launch, BlackRock experiencing a surge in demand for its offering, and Hashdex having its application decision delayed by the SEC. Mounting legal battles were marked by Ripple’s pushback against the SEC's hefty penalty demands and SEC’s demand for $2B in fines from Ripple, which led to fierce clashes in court. The rising demand for Bitcoin products, which outpaces the supply, and the surge in
Request Coin price add a promising outlook. However, these are tempered by Coinbase’s interlocutory appeal over SEC control, the freeze on Hamas-linked accounts by Binance following an Israeli request, and the denial of 'Bitcoin Request for Comment' tokens. All these events have the potential to influence the trajectory of
Request Coin.
Request Coin News Analytics from Thu, 02 Apr 2020 07:00:00 GMT to Wed, 14 Aug 2024 19:16:17 GMT -
Rating 6
- Innovation 7
- Information 4
- Rumor -4
