SEC Threatens Ethereum and Other Cryptos with Securities Classification: Massive Impacts Feared
According to a report by Krypto Magazin, Michael Saylor, CEO of MicroStrategy, expressed serious concerns regarding the potential classification of Ethereum (ETH) and other major cryptocurrencies like BNB, SOL, XRP, and ADA as securities by the SEC. This development could prevent these digital currencies from being listed in Spot ETFs, which would hinder broad institutional acceptance.
Ethereum Shock Forecast: Blockchain Collapse Post-Dencun Upgrade?
On the platform wallstreet:online, there is speculation that the upcoming Dencun upgrade for Ethereum could lead to a drastic reduction in transaction fees. This update is expected to provide scalability benefits but could also potentially significantly reduce profitability.
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Ethereum Significantly Up—Michael Saylor Still Advises Against It
According to information from wallstreet:online, Michael Saylor warns against investing in Ethereum and other major altcoins due to the risk of imminent classification as securities by the SEC. Despite the current rally in ETH, he remains skeptical about their long-term acceptance in the financial markets.
The Secret Behind How AI-Powered Ethereum Trading Made This Trader a Millionaire
BeInCrypto | Bitcoin & Crypto News reports on Naomi Ross' success story with the AlgosOne AI trading bot. The use of artificial intelligence enabled her to successfully participate in the volatile market without in-depth trading knowledge and generate significant profits.
Ethereum ETF - The Endless Wait by the SEC
In an article on "FXStreet German site", described under this link ([Link missing]), it is noted that applications for an Ether Spot ETF have been delayed for a long time. Grayscale's application was submitted in 2023, but there is still no final decision from the SEC, which continues to announce extensions.