Really? The chairs of both CFTC and SEC are bullish and nobody notice? Why I still see posts like " Oh, we will see 6K retest etc. etc. " It is finished with the dump, done, finito! Get over it!
"It's important to remember that if there were no bitcoin, there would be no distributed ledger technology."
That was the response from Commodity Futures Trading Commission chairman J. Christopher Giancarlo when asked by Arkansas Senator Tom Cotton about the value of the technology underlying cryptocurrencies like bitcoin.
............
Asked whether derivatives products like exchange-traded funds could help stabilize bitcoin’s wild price fluctuations, Clayton said it would depend on the investors.
Clayton went so far as to suggest that the agency might one day green-light such a financial product, a notable comment given that the SEC shot down the ETF proposed by investors Cameron and Tyler Winklevoss (that effort remains subject to an appeal).
"If we get comfortable ... then we can move forward," he said.
Sources:
https://www.coindesk.com/thered-no-dlt-without-bitcoin-says-cftc-chief/
https://www.coindesk.com/cftcs-giancarlo-used-volatile-assets-like-bitcoin/