Only a handful of hours ago crypto markets were buoyed as the Securities and Exchange Commission signaled its intent its dismiss a lawsuit against Coinbase (COIN).
The welcome regulatory news sparked 5% gains for COIN and the likes of increasingly important crypto trading platform Robinhood (HOOD), and sent bitcoin (BTC) breaking out of its recent tight trading range to within sight of the $100,000 level.
STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter today. See all newsletters svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity motion-reduce:transition-none text-default-foreground data-[hover=true]:opacity-hover w-full md:w-auto bg-new-yellow” type=”button”>
Trending: Kash Patel Is Already Making Huge Changes at the FBI
Sign me up
By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!