Ethereum gains 3.8% as SEC drops its investigation on status of asset
Ethereum, despite the general market bleed out, gained nearly 4% as the United States Securities and Exchange Commission (SEC) closed its investigation on the crypto asset without filing charges.
The news was broken by Consensys via a tweet on X where they announced the closure of the â Ethereum 2.0 â investigation by the SEC without the latter filling any charges whatsoever.
âETHEREUM SURVIVES THE SEC. Today weâre happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0. This means that the SEC will not bring charges alleging that sales of $ETH are securities transactions.â Consensys tweeted.
This also has an impact on $PEPE coins, because it is known that PEPE is included in $ETH block chain
And today we know that when PEPE rose by a few percent, the same thing happened to the PEPE coin
We just have to see and follow how it goes in the future, whether PEPE will be able to penetrate a higher price than it achieved in the previous bullish, or will it be bearish deeper
#pepecoinđž #ETHETFsApproved #ContentMasteryChallenge01 #binance $
