Quick debrief on some other topics that emerged as the SEC ruled BTC and ETH not a security.
Bitcoin has been making gains over the past several hours, rebounding from the 6350 USD mark to a daily high over 6700 USD.
The leap off the bottom happened just after the news report published via the CNBC.
Below quick debrief on some other topics that emerged as the rebound started happening:
Is EOS a security?
EOS is a cryptocurrency popular mainly in Asia that has earned a substantial amount of money through and only recently launched its own blockchain.
Blockchain enthusiasts seem to agree that as EOS is already done with its crowd fund it should not be a security, just as Ethereum is now officially not a security.
Will all cryptocurrencies be judged individually?
As Peter Van Valkenburgh of Coin Center explained live on Bloomberg TV on June 14 2018, in most cases it will be possible to go by analogy.
The SEC commented Bitcoin and Ethereum in particular, the two cryptocurrencies that represent well the two kinds of tokens that make the majority of the crypto markets - cryptocurrencies meant for payments and cryptocurrencies as app tokens.
This should also prove valid for the question of EOS above, just saying “it is meant to be treated like ETH” is not good enough though.
Calling a cryptocurrency a ‘utility token’ does not mean it cannot be a security.
What is important for the SEC is the actual usage rather than the label assigned to it in the whitepaper. What is judged here is how decentralized the network is, whether there is investor assymetry to be addressed, how is the token being used on the platform.
This is not a new thing either, SEC merely confirmed the common sense
The crypto trading community is indeed coming back to the good humor it is known for:
BitMEX (10% fee off) @ bit.ly/melancholic-100x
TradingView (~ 50% off in BTC) @ bit.ly/tradingview-moon
Conbase (no offer but you still click this lol) @ bit.ly/plebtier
EthFinex (NEC token rebates for MM) @ bit.ly/ethfinex
TensorCharts @ bit.ly/tensor-charts
Upcoming and current airdrops 2019
|Name||Date||How to access||Official URL||Additional Info|
|Greencoin Airdrop||Until 15 May 2019||Greencoin Team has decided to give away 500 000 GNC worth 150k USD in total. Simple social media tasks - twitter follow, medium follow etc - each pays 200 GNC each.||join||web|
|Bethereum Prize Pool||Until 1 June 2019||Bethereum, the betting platform on ETH, is giving away free bets with the chance to win prizes from a pool worth 12M Bether. Upon signup you get enough points to make your bets, and you can wager on sports and esports.||join||web|
|FanEspo Big Competition (ERC20)||Limited||The eSports platform FanEspo is giving away the total of $1.6 million of tokens in contests. Top winner's prize is over $100K worth. You need to have a FanEspo account, the tokens you get are beta but they will be transferred into real tokens upon launch. Estimated value is 1 USD per token.||details||make acct|
|BlockWage Airdrops + Bounties||Recurring||Platform for freelancers marketplace. Airdrops randomly announced via Discord, there's also the possibility of Masternodes.||join||web|
|DSTRA / $DST Discord Airdrop||Biweekly||DSTRA is PoS Scrypt Masternode coin with limited supply that will be used in DEX environment and marketplaces. There are airdrops every two weeks, users need to register via discord. Regular payouts verified.||discord||rules|
|HubrisOne Airdrop Round + Bounties||Weekly (16 weeks of airdrops, each weekly round starts on Tue)||HubrisOne is a UK financial service that offers personal and business crypto-friendly bank accounts and crypto-fiat cards. The easiest way to get the token is to download their banking app, which gives you 1000 tokens (10 USD) but there is a massive bounty campaign with weekly payouts. The work ranges from social media engagement or Bitcointalk signature to content creation, all must be properly reported. New round starts every Tuesday, but on other days they publish random airdrops on their Twitter.||airdrop, bounty||twitter (more drops)|
|BitcoinLux Bounty||From 28 March 2019||A project that requires you to install their wallet, be vigilant here. Drops coins for blog or social media shilling.||details||web|
|SiQs Bounty||As available||New smart-contract based marketplace for freelancers. Pre-alpha minimum product available, just as litepaper and wallets for Linux and Windows (sadly not paper, so be vigilant). Runs on PoS / MN. Join discord for airdrops.||discord||wallets|
|Synchrotron / $STC Airdrop #15||30 weeks of airdrops (Airdrop #15 starts 25 March 2019)||Hybrid PoW/PoS payment cryptocurrency. The team drops 72% of supply (18 MM coins) during 30 weeks of airdrop campaign; there is additional budget for bounties. The bounties are announced on discord server. Each airdrop round runs from Monday 10AM UTC to Friday 10PM UTC. Validation runs weekends and distribution Mondays. You need to download a $STC wallet.||drop rules in this thread||info|
|Cargo Coin Bounty||Weekly||Cargo Coin, a token for transport & logistics with an ICO past the soft cap by now, is having a weekly extensive bounty. It spans from simple retweets to YouTube reviews - make your bounty hunter account and pick your poison.||join||info|