Lido And Rocket Pool Tokens Tank After SEC Sues Consensys

Quick Summary:

Lido DAO (LDO) and Rocket Pool (RPL) prices are sharply down on Friday soon after SEC sues Consensys.  At the time of writing, LDO and RPL are 15% and 10% in the red respectively, with these losses coming as the market reacts to latest regulatory related news.

However, an overhang still remained – the securities watchdog’s Wells Notice against Consensys.

It’s notable that earlier in May, the SEC approved spot Ethereum ETFs for the US market.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaUnited States

Topics: Investing Tank Lido Latest News SEC Rocket Pool ConsenSys News TOKENS Sues

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-30 @ 03:37:52 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 330 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21420019

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 22 hours ago

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