Coinpedia Digest: This Week’s Crypto News Highlights
The post Coinpedia Digest: This Week’s Crypto News Highlights appeared on BitcoinEthereumNews.com. It’s been a week of jaw-dropping headlines in crypto – it’s true when they say the market never sleeps. We’re talking about how investors are riding high on the news of Bitcoin pushing towards $100K, the return of institutional crypto strategies, and some spicy legal drama in the NFT space. Trust me, there’s more than just numbers to watch here – these moves could change the game. So, have you got your coffee? Buckle up, and let’s break down the wildest stories that you need to know this week. Let’s dive in! #1 Morgan Stanley Enters the Crypto Ring It’s official – Morgan Stanley is taking the plunge into crypto trading. The investment giant is gearing up to offer cryptocurrency trading on its E*Trade platform by 2026. This move signals a significant shift for traditional finance as it makes a push into direct crypto markets, taking on platforms like Coinbase and Binance. So far, Morgan Stanley’s crypto exposure has been through ETFs and derivatives for high-net-worth clients, but this new strategy? It’s an all-out race to capture the growing retail market. Will they manage to outcompete crypto-native exchanges? Hmm.. only time will tell. #2 Nike Faces Lawsuit Over RTFKT Shutdown – The ‘Rug Pull’ That Could Have Been? Nike is in hot water after a class-action lawsuit was filed against them for abruptly shutting down RTFKT, the NFT arm they acquired in 2021. The plaintiffs claim Nike misled NFT buyers by selling unregistered securities and then pulling the plug on the project, causing the value of NFTs to plummet. It’s the latest in a series of legal headaches for big brands dabbling in Web3. As NFTs continue to grow in popularity, expect more lawsuits like this one – raising questions about accountability, transparency, and whether digital assets should be regulated…
The post Coinpedia Digest: This Week’s Crypto News Highlights appeared on BitcoinEthereumNews.com.
It’s been a week of jaw-dropping headlines in crypto – it’s true when they say the market never sleeps. We’re talking about how investors are riding high on the news of Bitcoin pushing towards $100K, the return of institutional crypto strategies, and some spicy legal drama in the NFT space. Trust me, there’s more than just numbers to watch here – these moves could change the game. So, have you got your coffee? Buckle up, and let’s break down the wildest stories that you need to know this week. Let’s dive in! #1 Morgan Stanley Enters the Crypto Ring It’s official – Morgan Stanley is taking the plunge into crypto trading. The investment giant is gearing up to offer cryptocurrency trading on its E*Trade platform by 2026. This move signals a significant shift for traditional finance as it makes a push into direct crypto markets, taking on platforms like Coinbase and Binance. So far, Morgan Stanley’s crypto exposure has been through ETFs and derivatives for high-net-worth clients, but this new strategy? It’s an all-out race to capture the growing retail market. Will they manage to outcompete crypto-native exchanges? Hmm.. only time will tell. #2 Nike Faces Lawsuit Over RTFKT Shutdown – The ‘Rug Pull’ That Could Have Been? Nike is in hot water after a class-action lawsuit was filed against them for abruptly shutting down RTFKT, the NFT arm they acquired in 2021. The plaintiffs claim Nike misled NFT buyers by selling unregistered securities and then pulling the plug on the project, causing the value of NFTs to plummet. It’s the latest in a series of legal headaches for big brands dabbling in Web3. As NFTs continue to grow in popularity, expect more lawsuits like this one – raising questions about accountability, transparency, and whether digital assets should be regulated…
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