Cryptocurrencies jumped 5%-10% immediately after the SEC announced Ethereum is not a security. This news is very important to the industry. If it would be considered to be a security, heavy regulations would be applied. Bitcoin is also not considered a security, what was to be expected. Check out this whole story.
Article Cointelegraph: https://cointelegraph.com/news/senior-us-regulator-says-ethereum-in-its-present-state-is-not-a-security
Article Yahoor Finance: https://finance.yahoo.com/news/sec-announces-ether-not-security-162658147.html?guccounter=1
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This is way late…
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Bullish News!!
If it would be considered a security it would have opend up to the average joe investor and gotten more capital and new people into the market
Jo Jo Jo Quinten We zijn er weer