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Ethereum cancels rally expectations as Consensys sues SEC over ETH security status
Ethereum (ETH) appears to have returned to its consolidating move on Thursday, canceling rally expectations. This comes after Consensys filed a lawsuit against the Securities & Exchange Commission (SEC) and insider sources informing Reuters of the unlikelihood of a spot ETH ETF approval in May. Ethereum's security status and spot ETFs are in the news today following recent unveilings. Here are key Ethereum market movers for today: Consensys filed a lawsuit on April 25 against the SEC and its five commissioners—including Chairman Gary Gensler—accusing the regulator of unlawfully seizing authority over ... (full story)