Court slams SEC over denying Coinbase request for crypto rules

Volatility rushed back into Bitcoin in the past 24 hours, albeit mostly in the right direction as analysts predict whether BTC is headed for $70,000 — or not. One point for the latter might be Bitcoin exchange reserves hitting their lowest levels since 2018, which may cause a supply shock. Elsewhere, reports circulate that President-elect Donald Trump will sign executive orders pertaining to crypto on day one back in the Oval Office, an appellate court criticizes the SEC in the Coinbase case and Tether is moving its headquarters and subsidiaries to El Salvador!Further reading:Bitcoin could dip to $70K, but current price a ‘good entry point’ — FundstratMicroStrategy buys Bitcoin dip, holdings surpass 450K BTCBitcoin exchange reserves near 7-year low as hedge funds buy the dipDonald Trump could issue crypto executive orders on first day: ReportAppellate court grants partial win for Coinbase over SEC rulesTether will relocate HQ to El Salvador after securing licenseRise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.