Cryptocurrency markets have been locked in a downward spiral for weeks on end. Heightened regulatory pressure from the U.S. Securities and Exchange Commission (SEC) is the main culprit, given that the agency is investigating “dozens” of blockchain startups and their affiliated tokens.
Some reports even say the SEC is going to designate digital assets as “securities.” This action would be pretty bad for cryptos, but it’s probably not as bad as investors think, as I’ve written in today’s.
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Written by Gaurav S. Iyer, IFC @ https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-david-schwartz-g20-comments-moving-xrp/ March 20, 2018 Gaurav S. Iyer, IFC