Premium Post 6-19-24

Please do not consider the following to be investment advice. Each reader should think for themselves and rely on their own research and investment advisors. I’m simply sharing what I am considering or pursuing.

Huge news.  The SEC has changed course and has backed down in its quest to label Ethereum as a “security” in its litigation battle with Consensys Software, Inc.  SEC Drops Ethereum 2.0 Investigation, Consensys Lawsuit Continues Over MetaMask | the deep dive.  

I am EXTREMELY bullish on Ethereum.  The SEC’s change of direction - which follows its granting of spot Ethereum ETFs - removes a SIGNIFICANT area of regulatory uncertainty for the digital asset.

I view this as a back-up-the-truck moment.  I expect Ethereum to be one of the most profitable investments in the cryptoverse going forward as it is the backbone of DeFi.  https://dwyer70905.substack.com/p/premium-post-3-6-24. 

In other news . . . .