Illustration by Mitchell Preffer for Decrypt Undoubtedly, the talk of Cryptoville this week was PayPal’s announcement that it would be releasing an Ethereum-based dollar-pegged stablecoin called PayPal USD (PYUSD) as a native payment method integrated into the platform. The fact that an American payments giant like PayPal is openly embracing a technology that is still unregulated was taken as a…
Bitcoin (BTC) is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is that the price is sustaining above the 20-week exponential moving average ($28,072). This suggests that the bulls have not lost their grip. Popular trader TechDev used the three-week timeframe to show that Bitcoin’s compression above the 20-period moving average…
The Securities and Exchange Commission (SEC) lawsuit against Coinbase hinges on an interpretation of securities law that conflicts with logic established a century ago, according to several legal scholars who weighed in on the case on Friday. The group of six—including law professors at Fordham Law School, Yale Law School, and the University of Chicago Law—penned an amicus brief in…
MicroStrategy’den Michael Saylor, büyük şirketlerin BTC satın alıp merkezileştirmeyi sürdürmesinden endişe edilmemesi gerektiğini düşünüyor. Coin Stories podcast’inde Natalie Brunell ile konuşan Saylor, Bitcoin’e olan kurumsal ilginin kaçınılmaz olduğunu vurguladı. Bitcoin’in hayranlarının, kurumsal şirketlerin BTC üzerinde bir öz denetim sahibi olabileceğine dair endişeleri hakkında konuşan Saylor, varlığın çeşitli amaçlar için kullanılabileceğine dikkat çekti. “Bitcoin‘in her şeyi etkilemesine hazırlıklı olmamız gerekiyor” diyen…
Menkul kıymetler kanunu üzerine uzmanlaşmış altı hukukçudan oluşan bir grup, Coinbase ile ilgili bir amicus brifingi sundu. Amicus brifingi, dava ile doğrudan bir ilgisi olmayan tarafın, mahkemeye sunmuş olduğu belgedir. Genellikle davanın bir tarafı için destekleyici argümanlar eklemek için kullanılır. Hukukçulardan oluşan grup, 11 Ağustos’ta ABD New York Güney Bölgesi Bölge Mahkemesinde amicus brifingini sundu. Screenshot of the amicus brief.…
The motive behind the transactions has triggered speculation within the broader crypto community. Source: https://tr.cointelegraph.com/news/voyager-coinbase-token-transfer-grows-selloff-suspicions
Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ethereum (ETH) valued at around $2.77 million and an additional 250 billion Shiba Inu (SHIB) equivalent to $2.7 million to the Coinbase Exchange. Based on blockchain data, Voyager initiated the transfer of SHIB and ETH tokens to Coinbase’s ledger on August 11. The motive behind these transactions has triggered more speculation within the…
During a recent podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and then proceeding to centralize Bitcoin (BTC) should not be a cause for concern. While speaking to Natalie Brunell on the Coin Stories podcast, released on Aug. 7, Saylor emphasized the inevitability of third-party and corporate participation growing in the Bitcoin space. However, he suggested…
A group of six legal scholars specializing in securities law and related domains have submitted an amicus brief in favor of crypto exchange Coinbase in its legal battle against the U.S. Securities and Exchange Commission (SEC). An amicus brief is a legal instrument submitted to the court which originates from a party not directly engaged in the pertinent case. Its…
Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States. Source: https://tr.cointelegraph.com/news/court-crypto-issuance-innovation-grayscale-ceo
