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Ethereum price action reveals investors' uncertainty, SEC Chair avoids question on ETH classification
Ethereum is hinting at a resumption of a sideways movement on Tuesday after seeing inflows for the first time in seven weeks. The Securities & Exchange Commission’s (SEC) Chair Gary Gensler has also called most crypto assets securities following a Wells Notice targeted at ETH-related firms. Ethereum institutional investors appear to be turning bullish for the first time in nearly two months. After seeing seven weeks of consistent outflows, ETH "broke its 7-week spell of outflows," raking in $30 million in inflows, according to data from CoinShares. Following ETH's recent bull-bear stalemate, FTX/Alameda ... (full story)