Today, the SEC and CFTC finally made things clear: Bitcoin, Ethereum, Solana, XRP, and most crypto assets are no longer considered securities. This decision, long-awaited by the crypto community, ushers in a new era of digital asset regulation. After more than a decade of uncertainty, the market has received much-needed legal clarity that will undoubtedly open the door to broader institutional adoption and innovation.

Tokenized traditional assets remain primarily subject to strict regulation. That means digital representations of stocks, bonds or other financial instruments will continue to be governed by existing securities rules. At first glance, this seems a logical step to protect investors and ensure stability in traditional financial markets.

However, there is a nuance that cannot be ignored: any digital token can be classified as a security if it is sold with a promise of profit. This provision is key and gives regulators flexibility. It means the focus will be less on the technology or the form of the asset than on the intent and manner of its market offering. If token creators promise investors returns tied to their efforts or to the project's success, that token will likely be classified as a security.

Overall, after more than ten years, the market has received long?awaited certainty. The decision not only reduces regulatory risk for many existing crypto projects but also provides a more predictable environment for future innovations. It allows developers and investors to better understand the rules of the game, which in turn supports the development of the blockchain and crypto?asset ecosystem.

Trading recommendations

Bitcoin

Buyers are currently targeting a return to $74,600, which would open a direct path to $76,500 and then to $78,400. The most distant upside target is around $80,000; a break above that would signal attempts to return to a bull market. On the downside, buyers are expected at $73,000. A move back below that area could quickly push BTC toward $70,900, with a further downside target near $69,300.

Ethereum

A clear close above $2,368 would open the way to $2,466. The most distant upside target is around $2,585; a break above that would indicate strengthening bullish sentiment and renewed buyer interest. On the downside, buyers are expected at $2,279. A move below that area could quickly send ETH toward $2,210, with a further downside target near $2,145.

What's on the chart

• The red lines represent support and resistance levels, where price is expected to either pause or react sharply.
• The green line shows the 50-day moving average.
• The blue line is the 100-day moving average.
• The lime line is the 200-day moving average.

Price testing or crossing any of these moving averages often either halts movement or injects fresh momentum into the market.