eCash (XEC) experienced steady growth and is expected to continue this trend until 2025. The Trump administration is predicted to decrease SEC coin lawsuits, while the SEC has approved Hashdex, Franklin’s Bitcoin-Ether ETFs. Platforms like Binance and Hashdex are becoming embroiled in accusations of crypto-securities trades and rulemaking clashes.
Further judicial actions include Coinbase escalating SEC lawsuit due to the agency's internal chatter on ETH and pushing for partial summary judgment, while Kraken seeks a jury trial. Amidst the multiple SEC lawsuits, high optimism surrounds XRP and its ETFs due to both leadership changes in SEC and strong market forces.
This tumultuous crypto market and increased scrutiny from SEC have put significant pressure on major exchanges like Coinbase and Binance. SEC's intensified regulatory stance has even driven the growth of meme coins. There are also discussions around Ripple's potential dismissal of appeal due to the company's continued discussion in weekly SEC meetings.
Even with these numerous regulatory issues, several digital currencies are making significant strides. The SEC approved Coinbase's Bitcoin ETF options and an Ethereum ETF, signifying a growing acceptance for digital assets. However, turbulent times still exist for cryptos, with SEC pursuing legal action against multiple firms and crypto figures.
Ripple’s SEC case may soon settle, causing significant price surges in the XRP coin. A Binance complaint amendment by SEC is anticipated, and NY is seeking to block Coinbase’s extensive subpoena request.
Notably, SEC has closed investigation on Bitcoin L2 Stacks and has approved Bitcoin ETF options for NYSE, CBOE. Amid the regulatory chaos, it appears some coins are set for significant price breakout and potential mass acceptance.
XEC Coin News Analytics from Tue, 19 Mar 2024 07:00:00 GMT to Thu, 26 Dec 2024 08:36:51 GMT -
Rating -1
- Innovation 3
- Information 6
- Rumor -8
