Ethereum (ETH) has continued showing signs of a potential rally on Tuesday as most coins in the crypto market are also posting gains. This comes amid speculation of a potential decline following FTX ETH sales and normalizing ETH risk reversals.
Bitcoin (BTC) price strength continues to grow, three days after the fourth halving. Optimism continues to abound in the market as Bitcoiners envision a reclamation of previous cycle highs.
Two crypto industry groups Blockchain Association (BA)and the Crypto Freedom Alliance of Texas (CFAT) have filed a lawsuit against the Securities & Exchange Commission (SEC) in a federal court in Texas.
The two groups are challenging the SEC’s new rule that broadens the definition of who the regulator considers as a “dealer” of securities.