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Cardano Ecosystem

COINBASE vs. SEC Crypto Case Could IGNITE Mega Altcoin Run! (Here Is How)

01/16/2024

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388 views


Crypto Capital Venture

In this video, I discuss the monumental significance of the upcoming oral arguments between Coinbase and the SEC, presided over by Judge Fila. I emphasize that this case is perhaps the most significant event in the crypto world this year, given its potential impact on the industry. The focus is on the SEC's lack of legal standing in this matter, and I delve into specifics related to the upcoming arguments. Additionally, I analyze XRP's market reaction to being declared non-security and speculate on possible outcomes for altcoin charts, particularly ADA, if Coinbase prevails. This situation is especially critical as we approach the Bitcoin halving. I reference legal insights from Jeremy Hogan, a notable figure in crypto law, and review past cases, including one involving Uniswap, to underscore Judge Fila's understanding of crypto as commodities and the need for Congressional involvement in defining them. The video integrates technical chart analysis to hypothesize how ADA and other altcoins might react in various scenarios post-ruling.


See original video on YouTube

ORIGINAL SOURCE

https://www.youtube.com/watch?v=qTX8ocYG...

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