Crypto - pure scam and speculation or fundamental / intrinsic value attributable to it? - Crypto is "crazy, stupid, gambling, ... And people who oppose my position are idiots..." sic Charlie Munger in 2023.
In this article you learn how to distinguish crypto-scam from crypto-value, which cryptoassets and crypto tokens may carry intrinsic value and how it can be measured using fundamental value analysis methods adopted to the new world.
This year's Christmas Day is the earliest possible formal date for the SEC to approve the first Bitcoin SPOT ETF.
Grayscale Investment CEO, Michael Sonnenheim is confident that his application to convert the flagship product Grayscale Bitcoin Trust (OTCQX: GBTC) into a Bitcoin Spot ETF will be approved by the SEC. He derives this from the agency's recent approval of various bitcoin futures ETFs.
That would indeed be a watershed moment for the entire Crypto space, if there were not the SEC ...