News with the tag "FIL-USD"

Summary Ethereum's underperformance in 2024, despite bullish developments, leads me to favor altcoins like Algorand, Filecoin, Flow, Hedera, Solana, and Stellar for 2025. Altcoins are gaining market share and could benefit significantly from deregulation, potential ETF approvals, and proposed tax ch...

Summary Bitcoin rose as other cryptos sectors' fell, influenced by a new legislation proposal, SEC lawsuits against exchanges, and BlackRock's Bitcoin ETF filing. We believe just 25 of the top 100 tokens could potentially be considered ‘sufficiently decentralized’ to avoid the disclosure requirement...

Summary The SEC's lawsuits against cryptocurrency exchanges like Coinbase and Binance could damage many alt-coins, but Bitcoin is likely to emerge with a stronger long-term outlook due to its classification as a commodity. The lawsuits raise questions about which cryptocurrencies should be considere...

Grayscale Investments, known for its Grayscale Bitcoin Trust ( OTC:GBTC ), said Friday it filed a request with the Securities and Exchange Commission seeking withdrawal of the registration statement for Grayscale Filecoin Trust ( OTCQB:FILG ) as the SEC continues to maintain that filecoin ( FIL-USD ...

Even before the Securities Exchange Commission on Tuesday sued Coinbase ( NASDAQ: COIN ), Mizuho Securities USA estimated that more than 30% of the crypto exchange's revenue could be at risk. The suit against Coinbase ( COIN ), alleging that it offered unregistered crypto asset securities , came a d...

Summary Filecoin is the clear frontrunner in the decentralized storage race, competing against other decentralized storage providers and the mega-cap tech stocks in the space, Amazon and Alphabet. Decentralized storage is a staple subsector of the cryptocurrency market, offering users secure and rel...