Hello everybody,
Today the market is green again, will it last for a long time or just an atmosphere of comfort for a moment and then red? How do you respond to the current atmosphere. Thank you for your attention.
Yesterday's market growth is caused by good news from the SEC. They began to make big strides on the recognition of cryptocurrencies and exchanges. Against the background of such news, the market began to grow, and I think this is a long-term growth.
The news isn't that good to cause a full bull run though true it might affect yesterday short term but not to cause a bull run.
“Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so.” - Robert J. Jackson Jr
They are saying out of all the applications they have gotten they have all been crap and haven't done their due diligence to meet their requirements but yes eventually someone will gain some common sense to fulfill their already laid out requirements as people start to accept that ICO's fall under securities.
"Jay Clayton, chairman of the SEC) has said he doesn’t see a pathway to a cryptocurrency ETF approval until concerns over market manipulation are addressed."
Practically what they are saying its pretty shameful the crypto community hasn't gotten ahold of themselves and provide some real value and that it has taken so long and will take a bit longer.
