• About
  • Contact
  • Our Team
  • Privacy Policy
Newsletter
Crypto Recorder
Advertisement
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us
No Result
View All Result
Crypto Recorder
No Result
View All Result
Home News Ethereum

Ethereum (ETH) – Much awaited U.S news a test of investor resilience: Are you a weak or a strong hand?

Nicholas by Nicholas
May 7, 2018
in Ethereum, News
Tron Bitcoin Monero
3
SHARES
Share on FacebookShare on Twitter

Ethereum (ETH) is at a historic moment, one that could change its future trajectory for good. Currently, U.S regulators are holding a meeting, to decide on whether Ethereum is a security or not. The whole issue relates to the Ethereum ICO in 2014. According to U.S regulators, people who bought into Ethereum at the time did so with an expectation of profit. They also argue that the Ethereum foundation has a tremendous influence over the value of Ethereum, a scenario that would make Ethereum an unregistered security.

In the case that they declare Ethereum to be a security, the value of Ethereum could drop significantly.  That’s because Ethereum would end up engaged in protracted legal battles with U.S authorities. On top of that, there would be an increased uncertainty amongst investors on the future of Ethereum, leading to a sell off.
However, in the case that they decide that Ethereum is not a security, then it would be a real turning point for Ethereum.

Related articles

Litecoin

Litecoin (LTC) – All clear for bulls as it holds above key support level

February 23, 2019
Dogecoin (DOGE)

Dogecoin (DOGE) – One of the most practical cryptos in the market

February 22, 2019

Today would most likely be the last day you buy Ethereum (ETH) cheap. That’s because there would be a volumes upsurge as investors move in to capitalize on these news. It would also be a greenlight for more people to start launching ICOs on the Ethereum blockchain, further pushing up its value.

Such news would come at a time when news are coming out that South Korea could be looking to ease up on cryptocurrencies. The country is considering favorable crypto regulations and a re-introduction of ICOs. A combination of positive news from the U.S and South Korea would see Ethereum head to the moon and fast. Many would be left chasing the price, further adding to the bullish momentum.

In essence, the next one hour or so, will be a major test for investor resilience. Those with strong hands and are holding on to their Ethereum (ETH) are likely to be rewarded big time, if the news turns out positive. Ethereum could easily blow above the $1000 mark in the next 24 hours, and continue in that trajectory over the rest of the year. But even if the decision turns out negative, the downturn might not last.

That’s because there would simply be an upsurge in the trading of Ethereum on decentralized exchanges, and crypto is headed in that direction anyway. Major exchanges such as Binance and Bitfinex are already taking the decentralized route. In essence, the long-term trajectory for Ethereum would still be positive, since long-term volumes would stay relatively unaffected.

Therefore, we can conclude that whatever decision comes out today, may not have a long-term impact on the value of Ethereum on the downside.  Today’s events will simply be a speculators game. Those strong enough to hold Ethereum right now could see the value of their holdings shoot up by over 20% in the course of the day. In case things don’t turn out right, the long-term fundamentals still support Ethereum (ETH) and crypto in general.

Tags: ETHEthereum
Share3TweetShare
Previous Post

Bitcoin (BTC), Ethereum (ETH) and VeChain (VEN) Price Technical Analysis: Cryptocurrency Downside Corrections Prevail

Next Post

Ontology (ONT) is Doing Great: Here’s Why

Related Posts

Litecoin
Litecoin

Litecoin (LTC) – All clear for bulls as it holds above key support level

February 23, 2019
Dogecoin (DOGE)
Altcoins

Dogecoin (DOGE) – One of the most practical cryptos in the market

February 22, 2019
Cardano
Altcoins

Cardano (ADA) has proven it’s a resilient project: Good times ahead

February 21, 2019
Digibyte vs Litecoin
Altcoins

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano
Altcoins

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019
Dogecoin
Altcoins

Dogecoin (DOGE) – Tinder could be a big deal for Dogecoin: Is this the beginning of a bull run?

February 17, 2019

Leave a Reply Cancel reply

Your email address will not be published.

No Result
View All Result





Latest News

  • Trending
  • Comments
  • Latest
Dogecoin (DOGE)

Dogecoin (DOGE) – One of the most practical cryptos in the market

February 22, 2019
Cardano

Cardano (ADA) has proven it’s a resilient project: Good times ahead

February 21, 2019
Digibyte vs Litecoin

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019

Cardano (ADA) to hit $10 within the next one year!

January 19, 2018
Litecoin

Litecoin (LTC) – All clear for bulls as it holds above key support level

February 23, 2019
Electroneum

Investor Insight: Should You Consider Investing in Tezos (XTZ) and Nano (NANO)? Find Out Why?

August 20, 2018
Litecoin

Litecoin (LTC) – All clear for bulls as it holds above key support level

February 23, 2019
Dogecoin (DOGE)

Dogecoin (DOGE) – One of the most practical cryptos in the market

February 22, 2019
Cardano

Cardano (ADA) has proven it’s a resilient project: Good times ahead

February 21, 2019
Digibyte vs Litecoin

Digibyte (DGB) v Litecoin (LTC) – Which one is a better investment in 2019?

February 20, 2019
Cardano

Ethereum (ETH) could keep rising in anticipation of ETH staking

February 18, 2019
Funding

The Top 7 Sources of Startup Business Funding

February 18, 2019



Crypto Recorder

CryptoRecorder.com is a Dedicated Cryptocurrency news website and writes a variety of educational articles related to smart crypto trading, bitcoin and altcoins. You will find a details article on almost every hot altcoin and unbiased analysis of coins.

Recent Posts

  • Litecoin (LTC) – All clear for bulls as it holds above key support level
  • Dogecoin (DOGE) – One of the most practical cryptos in the market
  • Cardano (ADA) has proven it’s a resilient project: Good times ahead

Follow Us

Facebook Twitter Google+ RSS

Newsletter

© 2017 JNews – Premium WordPress news & magazine theme by Jegtheme.

  • About
  • Contact
  • Our Team
  • Privacy Policy
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Litecoin
  • Investing
  • Ripple XRP
  • Education
  • Contact Us
    • Become a Contributor
  • Advertise With Us

© 2018 Copyright CryptoRecorder.