COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Bloomberg Intelligence research analyst James Seyffart wrote an article on Tuesday regarding the lawsuit filed against Kraken by the SEC.
- Seyffart points out the inconsistency in the actions of the regulatory agency and emphasizes the uncertainty in their approach to Ethereum.
- On November 21, 2023, the SEC filed a lawsuit against the cryptocurrency exchange Kraken, accusing it of operating as an unregistered securities exchange without proper authorization.
The details of the lawsuit against Kraken brought attention to a move related to Ethereum: Insights from an ETF analyst!
What Decision Did the SEC Make Regarding Ethereum?

Bloomberg Intelligence research analyst James Seyffart wrote an article on Tuesday regarding the lawsuit filed against Kraken by the SEC. According to Seyffart’s latest post, the Kraken case resembles the Coinbase case. By classifying cryptocurrencies like Solana, Cardano, Algorand, and 13 other major altcoins as securities, the SEC claims that these digital assets are still under investigation within the framework of its previous enforcement actions.
Seyffart reveals that, in contrast to its own actions, the SEC has not taken a stance on Ethereum yet. Unlike listing Ethereum as a commodity, similar to Bitcoin, the SEC has not classified it as a security either. Ironically, Seyffart notes that the SEC acknowledges Ethereum as a commodity without bringing any charges against it.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Making a reference to the regulatory agency, Seyffart highlights the inconsistency in the SEC’s actions and underscores the uncertainty in their approach to Ethereum. To pique curiosity, Seyffart mentions that the financial giant BlackRock has applied for a Spot Ethereum ETF, indicating increasing institutional interest in Ethereum despite the SEC’s lack of a clear stance on it.
Kraken and the SEC: Details
On November 21, 2023, the SEC filed a lawsuit against the cryptocurrency exchange Kraken, accusing it of operating as an unregistered securities exchange without proper authorization. Jesse Powell, co-founder of Kraken, expressed his dissatisfaction with the SEC’s actions in a series of tweets. He questioned the effectiveness of a $30 million settlement accepted in February, describing the regulatory agency as determined.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
Powell’s concerns about high costs and the time required to battle the SEC imply that crypto businesses might be compelled to withdraw from the U.S. market. Notable figures such as XRP lawyer John Deaton, James Seyffart, and Dave Weisberger, CEO of CoinRoutes, also responded positively.
Kraken plans to fight back, claiming that the government should determine how crypto exchanges should be regulated and criticizing the SEC’s perspective on digital assets as “legally incorrect, factually misleading, and politically disastrous.” The San Francisco-based exchange noted that the lawsuit would not affect more than 10 million of its customers.
COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |