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The US Commodity Futures Trading Commission (CFTC) said it will continue to crack down on crypto exchanges.
The CFTC emphasized that its actions will be impartial and aimed at prosecuting both US and NON-US entities dealing in financial assets, including digital currencies. This is confirmed by the recent legal battle with Binance, which marks the beginning of a lengthy legal campaign.
The CFTC intends to aggressively pursue cryptocurrency exchanges that violate trading laws and will not allow the use of VPNs or other mechanisms to evade KYC (know your customer) regulations, including actions by non-U.S. companies.
I think Binance its not a final boss for regulators...
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The CFTC emphasized that its actions will be impartial and aimed at prosecuting both US and NON-US entities dealing in financial assets, including digital currencies. This is confirmed by the recent legal battle with Binance, which marks the beginning of a lengthy legal campaign.
The CFTC intends to aggressively pursue cryptocurrency exchanges that violate trading laws and will not allow the use of VPNs or other mechanisms to evade KYC (know your customer) regulations, including actions by non-U.S. companies.
I think Binance its not a final boss for regulators...
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https://youtu.be/HJmvd0rFhR8
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Decentralized exchanges increased trading volumes by 19.4% over the week amid the Binance crisis
The leading platform is the hacked KyberSwap
DEX dominance over CEX is 59.35%
Year ago after FTX crash explained here why more and more people start using DEX. But like we can see from Kyberswap hack, people can loose money also with DEX. So risk absolutely the same. just without kyc))
Spoiler -with regulations MICA in 2024 more and more people switch to DEX. So just take a minute to look on dex coins/tokens charts
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The leading platform is the hacked KyberSwap
DEX dominance over CEX is 59.35%
Year ago after FTX crash explained here why more and more people start using DEX. But like we can see from Kyberswap hack, people can loose money also with DEX. So risk absolutely the same. just without kyc))
Spoiler -
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This idea target reached but same way i dont think it will going recover fast.
Reason for flash crash - Binance delist WTC. One more example how TA and idea can be relevant but we can't know the NEWS or event for coins.
IDEA Wtc from post - CLICK
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Reason for flash crash - Binance delist WTC. One more example how TA and idea can be relevant but we can't know the NEWS or event for coins.
IDEA Wtc from post - CLICK
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This week there will be 7 major token unlocks
IMX - $51.5 million
SUM - $43.8 million
1INCH - $29.4 million
DYDX - $24.8 million
AXL - $19.2 million
ORBR - $9.81 million
SKL - $9.24 million
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IMX - $51.5 million
SUM - $43.8 million
1INCH - $29.4 million
DYDX - $24.8 million
AXL - $19.2 million
ORBR - $9.81 million
SKL - $9.24 million
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https://youtu.be/ngr9rT-gamU
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https://youtu.be/i46ZJaiF2vI
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This market is one big sandbox. Its aint serious. Every week we got new rumors! Cmon, maybe one day we will see when price move because sellers and buyers, not influencers and media.
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https://youtu.be/oXjMg2DKSOY
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https://youtu.be/5DzKMB9034A
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Alice Comfie, CIO of Shinoji Research, suggested that this could be a way to prove that Bybit served US clients, which could lead to CFTC action similar to those taken against Binance and BitMEX
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The new Bitcoin whale, which made its first purchase of BTC only on October 31, 2023, yesterday again bought 1214 BTC for $45 million
This moved him from 133rd to 74th place in the global ranking of Bitcoin holders in just 4 days!
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This moved him from 133rd to 74th place in the global ranking of Bitcoin holders in just 4 days!
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https://youtu.be/BDumO3BPu_k
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The mystery of the current cycle is the question: what will happen to the price if long-term holders do not sell off this time, strengthening their hold, and a new mass of short-term traders begin to join this movement?
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https://youtu.be/gH_PrELHjC8
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🗺Where on Earth is Bitcoin mining dispersed today and which countries are the leaders in terms of hashrate.
Do you think USA wanna rip crypto and btc? I dont think so. They wanna control it not destroy.
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Do you think USA wanna rip crypto and btc? I dont think so. They wanna control it not destroy.
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BlackRock yesterday submitted to the SEC's Division of Trading and Markets a revised application for a spot Bitcoin ETF based on previous SEC feedback
The SEC, in the end, will be forced to either accept such applications or simply get confused in its own recommendations
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The SEC, in the end, will be forced to either accept such applications or simply get confused in its own recommendations
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Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India's trade body and chamber of commerce for the tech industry, TiE Bangalore, a global venture supporting entrepreneurs, and the Mann Deshi Foundation.
But yes, sure, for people always easier blame coins, laugh in a comments "its a scam coin", "always down" and chase meme coins lottery. Keep working and follow the plan. Every plan have a risk, thats why we have a risk management.
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But yes, sure, for people always easier blame coins, laugh in a comments "its a scam coin", "always down" and chase meme coins lottery. Keep working and follow the plan. Every plan have a risk, thats why we have a risk management.
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There is a strong outflow of bitcoins from exchanges
Such a reversal in sentiment was observed only once - during the formation of the bottom in October-November 2022.
I remind you, even with correction or without, more and more metrics, narratives, models, super expensive Glassnode data will be broke. And this time with ETF institutionals also will loose money.
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Such a reversal in sentiment was observed only once - during the formation of the bottom in October-November 2022.
I remind you, even with correction or without, more and more metrics, narratives, models, super expensive Glassnode data will be broke. And this time with ETF institutionals also will loose money.
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