Why the SEC wants to ban crypto staking and stablecoins under scrutiny — Watch The Market Report live

This week connected The Market Report, the nonmigratory experts astatine Cointelegraph discuss why the United States Securities and Exchange Commission is going aft crypto staking and wherefore stablecoins person been successful the quality recently.

We commencement disconnected this week’s amusement with the latest quality successful the markets:

SEC suit against Paxos implicit BUSD baffles crypto community

On Feb. 13, the SEC issued a Wells Notice to Paxos Trust Company, which issues the Binance USD (BUSD) stablecoin, alleging that the stablecoin is an unregistered security. On the aforesaid day, the New York Department of Financial Services ordered Paxos to halt the issuance of BUSD. This led to assorted members of the crypto assemblage taking to Twitter to springiness their takes connected the situation. From disregarding the contented arsenic “FUD” to calling it an onslaught against the Binance exchange, crypto assemblage members laid down assorted theories connected the allegations that BUSD is an unregistered security. We instrumentality a look astatine immoderate of these theories and connection immoderate of our own.

Out of the Ordinal-ry: Bitcoin mean artifact size hits all-time high

Bitcoin’s mean artifact size has deed all-time highs supra 2.5 megabytes for the archetypal clip since its inception successful 2009, driven by the motorboat of nonfungible token (NFT) protocol Ordinals successful January 2023. As Cointelegraph reported, participants from the Bitcoin mining ecosystem person already made implicit $600,000 processing transactions of Ordinals, which person been dubbed arsenic Bitcoin-based NFTs. Our experts sermon wherefore this is simply a important infinitesimal for Bitcoin and besides explicate what Ordinals really are.

Our experts screen these and different processing stories, truthful marque definite you tune successful to enactment up-to-date connected the latest successful the satellite of crypto.

Next up is simply a conception called “Quick Crypto Tips,” which aims to springiness newcomers to the crypto manufacture speedy and casual tips to get the astir retired of their experience. This week’s tip: Leverage.

Market adept Marcel Pechman past cautiously examines the Bitcoin (BTC) and Ether (ETH) markets. Are the existent marketplace conditions bullish oregon bearish? What is the outlook for the adjacent fewer months? Pechman is present to interruption it down.

Lastly, we’ve got insights from Cointelegraph Markets Pro, a level for crypto traders who privation to enactment 1 measurement up of the market. Our analysts usage Cointelegraph Markets Pro to place 2 altcoins that stood retired this week, truthful marque definite to tune successful to find retired which ones made the cut.

Do you person a question astir a coin oregon taxable not covered here? Don’t interest — articulation the YouTube chat country and constitute your questions there. The idiosyncratic with the astir absorbing remark oregon question volition person a accidental to triumph a one-month subscription to Markets Pro worthy $100.

The Market Report streams unrecorded each Tuesday astatine 12:00 p.m. ET (5:00 p.m. UTC), truthful beryllium definite to caput connected implicit to the Cointelegraph Markets & Research YouTube page and smash those Like and Subscribe buttons for each our aboriginal videos and updates.