Cryptocurrency Analysis and News Portal
Coinbase Chief Legal Officer Paul Grewal discusses the prospective approval of Bitcoin spot ETFs by the U.S. SEC and its potential impact on the cryptocurrency landscape. In an Oct. 19 interview with CNBC, Paul Grewal, the chief legal officer of crypto exchange Coinbase, expressed a sanguine outlook on the potential approval
Read More
The bitcoin price could rise to between $42,000 and $56,000 if the BlackRock ETF is approved, according to crypto services provider Matrixport. Such bullish price action would also help crypto-linked stocks such as Coinbase, MicroStrategy (MSTR) and miners including Marathon (MARA), Riot Platforms (RIOT). Source
Read More
“In any other space, if you’re working incrementally, you’d see increased compliance,” Grewal observed. “[In crypto], we haven’t seen that, so we’ve had to change strategy.” In other words, in Grewal’s view, the SEC lawsuit came down against Coinbase because the exchange didn’t respond to earlier warnings. Original Source
Read More