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Cryptocurrencies Price Prediction: Ethereum, Coinbase & Bitcoin – American Wrap 06 November

Coinbase’s Paul Grewal urges SEC to embrace change on crypto after Trump's victory

Paul Grewal, Coinbase's Chief Legal Officer, has asked the US Securities & Exchange Commission (SEC) to reconsider how it regulates cryptocurrencies now that Donald Trump has been elected to a second term as president.
 
Ethereum (ETH) is up over 8% on Wednesday, as several decentralized finance (DeFi) tokens have been rising upon news of Republican candidate Donald Trump winning the US presidential elections. The top altcoin could aim for a new all-time high in the coming weeks if the President-elect follows through on his campaign promises to end the government's crypto crackdown.
Bitcoin was the top winner in post-US election trading on Wednesday, advancing 9% in immediate reaction to Trump’s election victory.
 

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