Daily Crypto NewsEDITION #112, 26 December 2020

New Crypto Watcher

Hey #Moni Maker ✋

An old Russian saying goes: "If Yevstrat is sunny, January will be clear and frosty". Folks used to believe that January will mirror today’s day. The more pleasant it is to watch bitcoin rise above $25,000. We are not superstitious, but January should be positive for Bitcoin. Shall we take a closer look at today’s crypto events?

Let’s go!

Republican Elad Roisman took over as a chairman of the U.S. Securities and Exchange Commission (SEC) following the resignation of Jay Clayton, who held the position for more than three years.

Roisman has a clear stance on the cryptocurrency industry. He believes that the industry presents new challenges to the financial markets, but the SEC must take them with a sense of fairness. Roisman explained that the agency needs to understand the mechanisms of the industry in detail, as well as revise its rules and adapt them to the new realities of an evolving market.

Roisman is also known for his support of exchange-traded investment funds. After his appointment as a SEC commissioner in 2018, some experts suggested that the chances of a bitcoin-ETF had increased significantly.

So what?

Mr. Roisman, hello! Let's be friends, we're toxic here in crypto. We gave up XRP, but we won't give up the other projects :)

In light of a recent SEC filing claiming that XRP is a security, the Bitstamp exchange is going to halt XRP trading and deposits for all U.S. customers on Jan. 8, 2021.

So what?

Yep, XRP is apparently all over the place. 2020 hasn't spared anyone...

And one more thing...Buy Bitcoin! 😉