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New coin on HitBTC: man


New coin on HitBTC: cmct


Репост из: Stacked
⌛️Whats The Verdict?§c

As today has progressed, no further announcement on the SEC Ethereum meeting has been made, but a few notes have come to light on the situation.

News of this ‘closed door meeting’ was initially broken by a reporter from the Wall St. Journal. In a twitter thread today, the reporter stated:

“It's nothing that major. A "working group" meeting, not a public meeting. How'd we find out about it? The way we find out about everything. We, like, talk to people
.”

This has us reevaluating the relevance of the closed room discussion that is reportedly taking place today.

To us, it seems that this meeting is more of an informative discussion that is way for them to establish a basis for deciding whether Ethereum is a security moving forward. As stated before, we do not believe they will pass meaningful judgement on Ethereum’s financial classification today. We will still be consistently monitoring the situation with the SEC and will update you if they release any new information.

That being said, Bitcoin bounced nicely this morning off the $9200 range and we think as the day progresses more positive sentiment will return to the market as a lot of the sell off was probably an overreaction due to the impending SEC meeting.

Bitcoin is still respecting the channel that started forming around the 20th of April. As long as the price of Bitcoin can sustain itself above the 9k levels in the coming days, we hold in tact our bullish sentiment👊




New coin on Kucoin: aph


New coin on Mercatox: jet


Репост из: CoinNews
$ZIL listed on OKEx.


New coin on Bit-Z: est


New coin on Bit-Z: xct


New coin on Binance: bcn


New coin on Kucoin: wpr




New coin on Cryptopia: lwf


New coin on Cobinhood: dent






Репост из: Stacked
📜SEC's Ruling of Ethereum📜

Monday, May 7th, may be engrained in the history books due to the outcomes that may result. You see, tomorrow, the Securities and Trade Commission will convene to determine whether Ethereum (ETH) is a security. As the situation itself is complex, demanding tremendous thought, we imagine a standstill will occur - i.e. no final decision is likely to happen. Remember, though, this is our opinion. Nothing is certain, just speculative at this time. 🤷‍♂️

Nevertheless, the meeting itself should be viewed under a microscope, as the end result could send Ethereum to undesired lows, or to unimagined highs. From our subjective stance, if ETH is titled a security by the United States' government, then, obviously, short-term price action may be negative, but as the underlying technology, Ethereum, is borderless and does not depend on the opinion of a regulatory committee from one country, its long-term prospects should be unaffected.

We would also like to inform you, if tomorrow ends in a deadlock - a situation in which no conclusion is made - or ETH is not declared a security, both scenarios, coupled with Etherum’s claims regarding scalability improvements, would bode well for consumers in two respective rights - short-term and long-term. If a deadlock happens, investors will have a short-term sense of relief, which may assist financial gains. Should a conclusion be met in which ETH is not a security, the long-term prospects of the technology and its financial standing within the community would likely prosper.

Within the last week, Joesph Lubin, co-founder of Ethereum, stated: “We spent a tremendous amount of time with lawyers in the US and in other countries, and are extremely comfortable that it is not a security; it never was a security… many regulators that matter understand what Ethereum is.”

Comments of this extent should provide some peace-of-mind, but we cannot objectively state that the SEC, nor any governing body, agree with Lubin's position. We will, as a result, monitor tomorrow's event under the intention of providing you with the most replete understanding of what occurs.


New coin on Kucoin: shl


Репост из: CoinNews
$BTC headed for $10 000.

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