BlackRock Launches ETH Fund, Will SEC Label ETH as Security?

Positive news for the Ethereum blockchain, although less positive rumors also emerged. For example, the US Securities and Exchange Commission (SEC) is reportedly considering labeling ETH as a security. If the SEC were to do this, it means they feel ETH is more similar to an investment like stocks or bonds.

For Ethereum, this would mean adhering to stricter regulations on how ETH is used and traded. This could have a major impact on how investors can buy and sell ETH, and it could also mean that Ethereum will have to do more to comply with the rules set by the SEC.

What Will Ethereum Do?

It seems unlikely that the SEC and the ETH team will let it get to that point. However, if the SEC were to decide that Ethereum (ETH) is a security, Ethereum and its users could find themselves in trouble with certain legislation. In that case, it will probably result in a lawsuit between Ethereum and the SEC. If it does happen, investors will naturally wonder: what will Ethereum do?

In all likelihood, a lawsuit between Ethereum and the SEC is not good for the price performance of ETH. After all, we all know the battle between Ripple and the SEC and the impact this has on the XRP price. While most coins managed to set new all-time highs during the current crypto bull run, XRP hardly budged or even fell slightly.

So it may not be the best thing to invest in Ethereum at this time until there is more clarity around this issue with the SEC. Other established coins also seem to have risen so quickly in recent months that their market capitalizations went through the roof. It is therefore striking that many investors are currently focusing on promising new cryptos.

Which Altcoin Will Explode?

A number of very interesting new crypto projects have been launched recently and we have selected our 3 favorites. With this overview we try to find an answer to the question: which altcoin will explode?

Green Bitcoin – Sustainable Crypto that Benefits from Higher Bitcoin Prices

Green Bitcoin (GBTC) is currently in the presale phase. This presale has been going on for some time now and the green crypto project has already raised more than $7.9 million.

Green Bitcoin has introduced the ‘Gamified Green Staking’ model to the crypto market, a model where the staking reward no longer only depends on the number of tokens you stake or how long you stake them.

If you want to stake Green Bitcoin, they ask you to make a prediction of the Bitcoin price. The better your prediction is, the higher your reward.

Try out the new staking model immediately by investing in the presale via the official Green Bitcoin website. After purchasing the tokens you can immediately stake them so that you can claim even more tokens when the presale ends.

The goal of Green Bitcoin is to get a listing on the major crypto exchanges after the presale. This could cause the price of this altcoin to explode considerably.

Dogecoin20 – The Improved Version of DOGE

Although we must immediately say that Dogecoin20 is in no way connected to the original Dogecoin, Dogecoin20 is actually an improved version of the original.

Dogecoin20 (DOGE20) is a new meme coin that was recently launched through a presale. The token was developed on the Ethereum blockchain and aims to solve some major problems of the original Dogecoin to become a more stable and better choice for investors.

For example, the original Dogecoin revolves around its own blockchain, a hard fork of the Bitcoin chain that uses the energy-guzzling Proof-of-Work. The coin can therefore be mined, but only by miners with a good set-up and sufficient technical knowledge. DOGE20, on the other hand, can simply be discontinued, making it suitable for everyone.

🐕 #Dogecoin holds a special place in the #Crypto community, yet its potential value has been capped due to its perpetual emission of new #Tokens. 💰#DOGE20 addresses this concern by introducing a fixed supply, paving the way for unimpeded upward momentum in token value. 📈🔄 pic.twitter.com/sR05Dzcv1J

— Dogecoin20 (@DOGE_COIN20) March 16, 2024

In addition, the original Dogecoin has no hard limit for its token supply. New tokens continue to come onto the market through mining, causing inflation. Dogecoin20 has a fixed maximum token supply of 140 billion tokens and no additional tokens will ever be added.

You can now buy Dogecoin20 tokens via the presale by exchanging ETH, USDT or BNB for DOGE20. After purchasing, you can immediately stake the tokens to earn additional tokens.

5thScape – The Token That Will Change the Future of VR/AR

There are many crypto projects that focus on a specific niche in terms of technical development. At the recently launched 5thScape (5SCAPE), they focus entirely on the development of Virtual and Augmented Reality.

Initially, 5thScape will publish games itself and is working hard on a VR/AR headset and gaming chair. The project has a total token supply of 5 billion, of which they have reserved 80% for the presale.

By building a complete ecosystem around VR/AR with its own games and hardware, 5thScape could easily become a market leader in this niche market.

At the moment, there are only a number of major electronics brands that focus on this, but do not see it as a core business.

Buy your tokens now via the button below, because this altcoin could just explode.

Disclaimer: This article contains insights from independent authors and is not part of BitcoinMagazine.nl’s editorial content. This is not investment advice, please do your own research.