EddieJayonCrypto
12 Aug 24
• The SEC postpones its decision on a dual crypto ETF by Hashdex and receives a resubmitted application from CBOE for Bitcoin ETF options.• Ripple begins testing its RLUSD stablecoin on XRPL and Ethereum mainnets while seeking regulatory approval.• The Nigeria SEC is considering regulating Bitcoin, ...
• The SEC postpones its decision on a dual crypto ETF by Hashdex and receives a resubmitted application from CBOE for Bitcoin ETF options.• Ripple begins testing its RLUSD stablecoin on XRPL and Ethereum mainnets while seeking regulatory approval.• The Nigeria SEC is considering regulating Bitcoin, potentially changing the country's stance on digital assets.• Coinbase Research reports that the crypto market is vulnerable to macroeconomic pressures, advising investors to monitor economic trends.• Coinbase urges the CFTC to withdraw its proposal on market speculation contracts, citing concerns over the definition and implications of the proposal.• Ethereum gas fees hit a multi-year low due to increased Layer 2 transactions, raising concerns about potential network inflation.• The IRS simplifies crypto reporting by revising Form 1099-DA, aiming to reduce privacy concerns and ease the reporting process.• The SEC investigates at least crypto VC firms for potentially selling unregistered securities by acting as underwriters.• Large corporations are purchasing homes in US neighborhoods, driving up home prices and reducing housing supply.~Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-TrackerGet the book!Crypto Foundations for Building Multi-Generational Wealthhttps://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422Join this channel to get access to perks:https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/joinJoin Grow My Bag social media:https://growmybag.tv/sign-up🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.