The Ether token posted its best climb this week amid speculation that US regulatory scrutiny of the blockchain ecosystem underlying the second-largest digital asset may be easing.
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Ethereum’s Cofounder Says SEC Is ‘Gaslighting’ Everyone About CryptoWhy can I sometimes not trade cryptocurrencies?Why Ethereum is Not a Commodity - Opinion - Securities.ioFutures Glossary | CFTCThe token rose as much as 3.6% on Wednesday before paring some of the advance to change hands at $3,562 as of 12:53 p.m. in Singapore. The rally was a modest tailwind for market-leader Bitcoin and a range of smaller rivals.
