Crypto Market Update 2
I believe the crypto market is going to go down in the short term based on the fact that many ERC-20 tokens could be considered securities. Also, the Ethereum-blockchain size has exceeded 1TB, and yes, it’s an issue. If you couple this with evidence that suggests Ripple’s XRP is a security (based on investor lawsuits), then one could postulate that there is a downward adjustment needed. Here are a few news sources to back up my thoughts: https://www.linkedin.com/pulse/surviving-upcoming-erc20-crash-john-gotts/ https://www.coindesk.com/another-investor-lawsuit-claims-xrp-security/ https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62