Consensys says it has actively participated in the ongoing discussions regarding the potential listing and trading of the iShares Ethereum Trust on Nasdaq. This initiative is currently under the U.S. SEC's review, which specifically called for public commentary concerning Nasdaq’s application.
Yusko’s forecast for Bitcoin is notably bullish, predicting a potential rise to $150,000 within the next year. This projection is underpinned by a mathematical model that applies Metcalfe’s Law to determine a fair current value of around $50,000 for Bitcoin.
On March 28, Tron Foundation urged a New York federal court to drop a lawsuit initiated by the U.S. SEC, arguing that the SEC is overreaching by targeting actions that primarily occurred outside the U.S.
Top stories in the Crypto Roundup today:
- Consensys Responds to SEC’s Call for Comments on BlackRock’s Spot Ethereum ETF
- Morgan Creek Capital CEO Expects Bitcoin Price to Reach $150K by Year-End
- Tron Foundation Challenges SEC Lawsuit Over Jurisdiction and Token Classification