WHY DID ALTCOINS RISE TODAY?
🔔 #SEC Decided to end the investigation against Ethereum. This means the SEC will not file charges alleging that the $ETH sales were securities transactions. This development could create great relief for the #Ethereum community and have a positive impact on the market.
This decision is considered an important step in the SEC's regulatory approach towards cryptocurrencies. Not classifying Ethereum as a security could also set a precedent for other altcoin projects and increase confidence in the market.