- [lwptoc]
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Dogecoin Has Memed It’s Way to a Coinbase Listing. Is the Joke Coin Now for Real?
After years of ignoring Dogecoin, the popular US cryptocurrency exchange has decided to allow trading of the asset for its Pro users as early as Thursday. Coinbase is the first cryptocurrency exchange to be publicly listed on a US stock exchange, meaning it enjoys the imprimatur of Wall Street.
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Ethereum’s Price Could Hit $40,000 in Long Run, Winklevoss Twins Say
The Winklevoss twins, who co-founded the Gemini digital asset exchange as well as family office Winklevoss Capital Management, have predicted the price of Ethereum could reach $40,000 in the long run, with a price target between $5,000 and $10,000 for the end of this year.
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Bitcoin Wallet Exodus to Tokenize $75 Million in Company Stock on Algorand
Bitcoin wallet firm Exodus earlier this year sold $75 million in common stock in the company, purchasable only through its wallet. The sale was notable for the company’s decision to only accept Bitcoin, Ethereum, and USDC stable coins for the shares. Soon, Exodus says, it will transform those sold shares into tokens on the Algorand blockchain.
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Google Releases New Policies On Crypto-Related ADs
Google clarified that some ads are not allowed. “ICO pre-sales or public offerings, cryptocurrency loans, initial DEX offerings, token liquidity pools, celebrity cryptocurrency endorsements, unhosted wallets, unregulated Dapps, cryptocurrency trading signals, cryptocurrency investment advice, aggregators or affiliate sites containing related content or broker reviews” are some examples of the ads that are not allowed.
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SEC will opt to settle Ripple lawsuit before reaching trial
The Securities and Exchange Commission (SEC) vs. Ripple lawsuit is currently in the pre-trial phase. The purpose is for each party to investigate the facts of the case by obtaining evidence from the opposing party and others through discovery devices. According to Attorney Jeremy Hogan, due to resource pressures, only a small percentage of cases ever reach trial. This suggests the SEC may try to settle with Ripple.
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