Cathie Wood, CEO of ARK Investment Management, expressed her positive outlook on Coinbase following Ripple's recent legal victory against the SEC. Although the ruling did not fully favor Ripple, Wood believes it is a positive outcome for crypto exchanges. She joins other industry experts in suggesting that the ruling could set a precedent for Coinbase and Binance in their legal battles with the SEC. Despite receiving a Wells Notice and facing a lawsuit from the SEC, Coinbase's stock value has remained robust. However, investment firm Berenberg Capital Markets warns that regulation for crypto exchanges is still unresolved, and Coinbase Earn may be vulnerable to being defined as a security.
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Cathie Wood remains Positive on Coinbase following Ripple's Partial Victory over SEC
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Real Vision founder: I agree with Michael Saylor's view that BTC will become the base layer of multiple assets
Raoul Pal, former Goldman Sachs executive and founder of macro research firm Real Vision, posted on X stating: "So it looks like Michael Saylor and I have come to a consensus again. I also believe that BTC is a pristine asset. He also believes that tokenization of all assets, cultures, etc. will occur, and they are not the same as each other. Ultimately, there will be a variety of assets based on the BTC underlying layer." -
MN Trading founder: Still satisfied with the decision to invest in altcoins, focusing on long-term investment
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Court agrees to suspend appeal in Trump's classified documents case
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Trump pledges to fire SEC Chair Gary Gensler ‘on day one’ if reelected
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Cointime June 29th News Express
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