Compass Investments

Crypto vs. Dollar

📌 The price of ETH climbed 3% as the US SEC closed its investigation without charges.

The closing of the Securities and Exchange Commissions (SEC) investigation into Ethereum 2.0 has given ether (ETH) a significant boost in a declining market. Earlier in April, ConsenSys sued the SEC, alleging that the commission was attempting to regulate ETH as a security, even though ETH does not have the characteristics of a security. Todays ETH success has also impacted other projects that are closely tied to Ethereum, including Lido DAO (LDO), Ethereum Name Service (ENS), and Maker (MKR). However, Coinbase Chief Legal Officer Paul Grewal notes that ending the SECs investigation cannot fully compensate for the damage that has been done to the rest of the crypto industry. Eth

– The closing of the Securities and Exchange Commission’s (SEC) investigation into Ethereum 2.0 has given ether (ETH) a significant boost in a declining market. Earlier in April, ConsenSys sued the SEC, alleging that the commission was attempting to “regulate ETH as a security, even though ETH does not have the characteristics of a security.” Today’s ETH success has also impacted other projects that are closely tied to Ethereum, including Lido DAO (LDO), Ethereum Name Service (ENS), and Maker (MKR). However, Coinbase Chief Legal Officer Paul Grewal notes that ending the SEC’s investigation cannot fully compensate for the damage that has been done to the rest of the crypto industry.

Bitcoin

Bitcoin

$66,619.00

BTC 4.39%

Ethereum

Ethereum

$3,496.80

ETH 2.65%

Binance Coin

Binance Coin

$589.23

BNB 3.64%

XRP

XRP

$0.58

XRP 5.10%

Dogecoin

Dogecoin

$0.12

DOGE 4.97%

Cardano

Cardano

$0.44

ADA 3.54%

Solana

Solana

$171.19

SOL 7.89%