ambcrypto.com: Will Bitcoin cross $30k as SEC abandons appeal on Grayscale ETF?

• SEC decided to avoid a legal dispute against Grayscale Investments.
• Social engagements for Bitcoin grew, but overall sentiment began to decline.

The United States Securities and Exchange Commission (SEC) chose to avoid engaging in another legal dispute with Grayscale Investments, a prominent digital asset management firm. The appeals court will soon specify how this decision should be executed, likely involving an instruction for the SEC to reevaluate Grayscale’s application.

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