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Ethereum (ETH) sustained its sideways trend again on Tuesday following the launch of Volatility Shares leveraged ETH ETFs and an increase in implied volatility across ETH options. Ethereum surpassed Bitcoin in a key derivatives metric on Tuesday. The 2x Ether ETF (ETHU) launched on Tuesday after the Security & Exchange Commission’s (SEC) approval as Fox ...
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U.S. President Joe Biden has made good on his threat to veto a resolution that would have overruled the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) No. 121. SAB 121 was designed to help clarify accounting treatment for crypto assets, directing banks holding a customer's digital tokens to do so on its own balance sheet, ...