Will Coinbase defeat the SEC? And speculation surrounds crypto payments on X

Over the weekend, the cryptosphere was dominated by speculation around X (formerly Twitter) as a newly created Payments account appeared on the platform. Although it has been a long time coming, with Elon Musk regularly mentioning it, the rumor mill went nuclear off the back of speculation that crypto — particularly Dogecoin — could feature as a payment option on X. Meanwhile, a legal analyst gives Coinbase a 70% chance of defeating the U.S. SEC’s case against it, Trezor has a security breach, and options trading for spot Bitcoin ETFs may be on the horizon!

Further reading:

• X launches dedicated payments account, crypto community speculates — Ciaran Lyons
• Dogecoin hits 7-day high as ‘XPayments’ account gains 100K followers in a day — Jesse Coghlan
• Nasdaq, Cboe apply to offer BTC ETF options trading, receive fast response — Derek Andersen
• Trezor discloses 66K users affected by phishing attack — Ana Paula Pereira
• Coinbase has 70% chance of full dismissal in SEC lawsuit — Ciaran Lyons

So, grab yourself a coffee, and let’s get into it!

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