Bitcoin Bull Michael Saylor’s Bold Predictions for Ethereum (ETH), XRP and Altcoins: A Comprehensive Analysis
Release: 2024/05/03 18:24 Reading: 568
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Bitcoin supporter Michael Saylor claims Ethereum is a security, reigniting the long-standing debate over Ethereum’s classification.
The Securities and Exchange Commission (SEC) insists Ethereum is a security, while Ethereum development company Consensys argues otherwise in a recent lawsuit against the SEC.
Saylor predicts the SEC will classify Ethereum and other altcoins as securities, rejecting spot Ethereum ETFs and hindering their acceptance by mainstream institutional investors.
Bitcoin advocate Michael Saylor stirs the crypto community with his claim that Ethereum is a security, not a commodity, predicting a regulatory clampdown on Ethereum and other altcoins by the SEC.
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Saylor’s Stance on Ethereum’s Classification
Known for his support of Bitcoin, MicroStrate...
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