ETH/USD Price Analysis: SEC Streamlining ICOs a Huge Boost for Ethereum

Even though there is a lot of legitimate concerns around the legality of ICOs, the SEC is about to streamline the space creating clear distinction between digital assets that are securities and utilities. Once these guidelines go live then Ethereum as a smart contracting platform and a go-to blockchain for coin issuance could see increasing demand drive prices above key resistance levels.
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That ICOs are a disruptive but innovative way of raising funds is true. It’s also