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Grayscale Wins Lawsuit Against SEC While Agency Settles First NFT Case and Friend.Tech Hype Crashes

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Grayscale Wins Lawsuit Against Sec While Agency Settles First Nft Case And Hype Crashes

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If you’ve been dreaming about a bitcoin spot ETF, it’s time to talk to someone outside the crypto world. This is coming from someone who literally had a dream about them this week. pray for me.

There was a wave of jubilation throughout the crypto community this week as Grayscale won a lawsuit against the SEC regarding its bitcoin spot ETF application. Although there is still a 45-day review period, many believe this is a step in the right direction.

Although it was a victory for the digital asset firm, the SEC was also making separate headlines for its lawsuit against an NFT project that was fined $6 million.

Meanwhile, in decentralized social media land, the hype — which I covered and exposed the skepticism of the community — has fallen due to a drop in daily transactions. details below.

this week in web3

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