Last word for on $BTC for a while (w/arithmetic graph). Trend is down, charts are presently ugly. But, BTC has dropped $13,700 from high. Now is NOT the time to become a BTC bear, though I'm not bullish yet.

This week, The U.S. Securities And Exchange Commission (SEC) announced it would not be classifying Bitcoin and Ethereum as securities. With no SEC regulations, cryptocurrencies can continue to work towards the end goal of total financial decentralization.

Yesterday, Ethereum Co-Founder and previous CEO Charles Hoskinson reminded everyone that the ‘future is bright‘ in the cryptocurrency markets. Hoskinson is confident that the low prices of cryptocurrencies and the backing off of the SEC will likely give green lights to many institutional investors with large amounts of money who have been waiting on the sidelines — an entrance point into the market.