AYFP Cryptocurrency Investors
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This channel was founded by #CryptoKyle to teach others how to master the art of cryptocurrency investing and achieve your full potential!

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Last week's tZERO launch was a step forward for regulated markets. This week, trading markets continue to make big moves. First and foremost, the Bitcoin & cryptocurrency exchange Kraken made an eye-popping 9-figure acquisition of Crypto Facilities, a futures trading platform that is registered with the U.K. Financial Conduct Authority (FCA) and specializes in derivatives. The deal, rumored to be $100 million at minimum, will bring greater liquidity to Kraken by enabling 24/7 trading for both spot and futures trading (Kraken would be the first exchange to offer both). The acquisition also greatly accelerates the company's time table as Kraken no longer needs to acquire the regulatory licenses that Crypto Facilities already had.

The acquisition is an aggressive move from Kraken and suggests that perhaps the exchange is reconciling its philosophy with regulation, at least to a degree. Jesse Powell, Kraken's CEO, has long been outspoken against US regulators in the space and to date has publicly refused to answer regulator inquiries. While the acquisition of Crypto Facilities shows a maturing Kraken, one that is looking seriously at regulation (and paying a lot for it), a push to enter European markets does little to suggest that Kraken will be more cooperative with US authorities in the future either.

Kraken wasn't the only exchange with announcements this week. Binance, one of the largest crypto exchanges in the world, now lets its users buy Bitcoin and other cryptocurrencies with their credit card, a noteworthy addition for consumer onboarding. Yet for every step forward, there is another step back.

This week, the founder of QuadrigaCX, another crypto exchange, passed away unexpectedly, and he was the only one who knew the passwords to the exchange's cold storage and the cryptocurrency held there. The result? $190M worth of crypto held by the exchange are now frozen, with no way for the exchange's clients to recover their money.

This tragedy marks the latest episode of an ongoing question that first began with the hacking of Mt. Gox: how can exchanges better protect the funds held in their custody? Or is the solution an exchange that does not take custody at all?
Lol ok... manipulated the market first to gain prime position for profits. Then made a coin while other banks were “thinking” it was better to stay out of market... typical capitalist mindset... We surely won’t be using this coin.

https://cointelegraph.com/news/jpmorgan-chase-launches-jpm-coin-using-crypto-to-speed-settlements
Charts alone and this coin is a top contender, Stellar Lumens XLM is prime time to pick up for a long position! Look at that entry! Near flawless... #CryptoKylesCryptoCalls
Offering a free training on crypto for those interested in pursuing investing in the mastery course + VIP channel. DM @CryptoKyle for more details.
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Cheers,

#CryptoKyle