Many of you have been eagerly awaiting an update on the weekly market statistics scanner I mentioned in my previous posts. If this is you then this will make your day:
It’s been two weeks since my last post, and by now you may be wondering what the heck I’ve been up to lately. Contrary to swirling rumors I didn’t embark on an extended vacation (although I could use one) and I also haven’t joined some religious crypto cult and cast aside all earthly possessions.
True to form the entire crypto community just flipped from a state of suicidal depression back to mania. Turns out a federal appeals court ruled that the SEC must review its prior rejection of Grayscale’s ETF proposal to convert its Bitcoin Trust into a spot bitcoin ETF.