Ethereum’s regulatory status as a non security is being challenged by SEC Chairman Gary Gensler. He thinks that Eth 2.0’s staking component may make all the Eth tokens a security.

    Kathy Woods states that blockchain and crypto assets did not fail in the market down tern in 2022 and is ready for prime time adoption. In comparison to centralized exchanges, blockchain based smart contracts and DeFi markets functioned without issue. This shows how crypto’s trustless architecture is the future. Kathy remains bullish on Bitcoin and crypto long term.

    Crypto Meltdown has changed the regulatory debate. There is a serious debate over if the SEC or CFTC should regulate the crypto space. The SEC argues they can better protect small investors. The one thing in agreement is something needs to be done.

    91% of crypto assets developed since 2014 have now become worthless.

    Fox News Charles Gasperino continues to attack the XRP community for some reason. He calls on investors to stop looking at Director Hinman.

    Caution is warranted in this type of market conditions, but many assets have been battered and may be a good long term investment. The Federal Reserve has stated there will be no interest rate relief in 2023, but can they actually keep things this tight heading into a major recession.

    Digital Currency Group needs funding, but reports that the entity is under investigation by the DOJ and SEC. This type of issue will stop potential investors from getting involved.

    #crypto #ethereum #bitcoin

    18 Comments

    1. Jungle.What do I do?I just got hacked from my ledger live.Probably a fake website
      Asked for my 24 recovery phrase to restore on my new laptop.

    2. Cant believe that Ripple already went through a court case regarding XRP being a currency then the SEC take Ripple to court regarding XRP being a security. Not only did they get signed off as a currency but that same person who dropped the lawsuit with the SEC was the same person who signed them off as a currency.

    3. doesn't Charlie know the the Hinman email are part of the Ripple lawsuit…? hes corrupt. these people have no shame…they are actors..and he's connected to Novagratz….like ripple should say hey guys…lets look into this FTX thing..as if ripple would investigate this…geez

    4. That woman is a straight up clown. JP Morgan isn’t being involved with anything that isn’t centralized in their favor. Jamie Diamond is the original founder of Ethereum. Vitalik is just a puppet front guy! The fact they keep looking the other way over those disguised whales says it all.

    5. Assparino only wants tweets, which help him get recognized. Don't fall into his trap, despite his crack ass remarks. Reframe.

    6. The worst thing about crypto is how people like Cathy believe their own narrative, eg that Ethereum is transparent when it's anything but.

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