Cryptocurrency ether soars 9% after SEC official says it's not a security
https://www.cnbc.com/2018/06/14/cryptocurrency-ether-soars-9-percent-after-sec-official-says-its-not-a-security.html
The world's second largest cryptocurrency spiked Thursday after a key Securities and Exchange Commission official made it clear that in the eyes of the agency, it's not a security.
The digital currency ether rose 8.8 percent to a high of $520.68, according to CoinDesk. Its price has struggled along with other cryptocurrencies this year, and has dropped about 35 percent since January.