“Some additional utility does not remove a crypto asset security from the definition of an investment contract,” Gensler said, though he added that tokens built for exclusive use in their blockchain ecosystems can be exempted from such accusations. “The investing public generally buys these crypto assets, at least in part, anticipating profit based on the efforts of those token issuers.”
No one has cash to “buy the dip” but $7.7T could rotate into Bitcoin if prices stay beaten down
I came across some analysis this morning that cut through the usual stream of charts and market takes with a...










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