SEC’s Ripple case appeal, Israel-Iran tension, market uncertainties, Satoshi’s identity | Weekly Recap

As a seasoned researcher with extensive experience navigating global events and financial markets, I find myself increasingly intrigued by the confluence of geopolitical tensions and digital assets. The U.S. SEC’s appeal in the Ripple case, the Iran-Israel conflict escalation, HBO’s claim about Satoshi Nakamoto, and now Coinbase delisting USDT – it seems like we’re living in a thriller novel where every chapter brings a new twist.


Today’s weekly summary covers these main points:

Middle Eastern tensions

  • Meanwhile, following the assassination of Hamas and Hezbollah leaders by Israel, Iran responded with a direct missile attack targeted at Israel on Oct. 1. 
  • The Biden administration discussed a potential reprisal attack from Israel on Iran’s oil facilities. This fueled tensions of an escalation of the conflict in the Middle East, which could impact risk assets, including cryptocurrencies. 

Coinbase to delist USDT

  • Reports confirmed that Coinbase is on the verge of delisting stablecoins that do not comply with the recently enacted MiCA regulations, including USDT.
  • This development will only impact Coinbase users in the EU, where MiCA maintains jurisdiction.

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2024-10-06 23:27