SEC Finalizes Rule Change That Could (One Day) Juice Token Sales

When it comes to valuation of any commodity there are two main players in the game, producers and investors. Let's take an example from the real world orange juice market. There are producers, the orange farmers, who utilize their land to create material commonly known as oranges. The primary requirements to produce oranges are land, farming equipment and labor. Add the cost of the resources together and the farmer has a base price in which he is willing to sell them. Orange juice manufacturers are buyers of the oranges to produce a good, orange juice, that we all enjoy from time to time.....

The U.S. Securities and Exchange Commission (SEC) today issued an order disapproving the proposed rule change to list and trade Coin ETF on the Bats BZX Exchange. This is the first Bitcoin ETF which the SEC has ruled on. Two other Bitcoin ETFs are also being considered by the Commission. The Decision. The SEC has just published an “Order Disapproving a....

While many people expected the US Congress to look at this change and oppose it, that will not be the case anytime soon. It is not in their best interest to respect user privacy. Most people are well aware of how Rule 41 will be a major problem for anyone looking to obtain privacy on the Internet. The US government has proposed several changes, although there is lots of opposition as well. While Congress has no plans to intervene, the Tor project is taking a clear stance against what this change may bring to the table. Time To Oppose Rule 41 Before It Is Too Late. The proposed changes to....

According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly Non-Fungible Token Sales Plummet Despite Recent $23 Million Cryptopunk Sale Non-fungible token (NFT) sales volume is down this week despite Cryptopunk #5822 selling for 8,000 ether worth $23 million. According to today’s statistics stemming from cryptoslam.io, during the last seven days,....

After non-fungible token (NFT) sales soared during the month of August, the first week of September’s NFT sales has been awful. Statistics show the number of sales in mid-August tapped a high of 193,693 sales but plummeted 86% to 27,053 sales on September 10. Metrics from the most used marketplaces show that volume has slid considerably following the same fallout cryptocurrency market have felt during the last four days. NFT Sales and Trade Volumes Plummet So far, September has not been the best month for NFTs and sales in this space. Last month, non-fungible token (NFT)....