Forwarded from ⚜️VIP Classified® Bullish
🚨 WAR on StableCoins :
- First Staking
- Then Paxos' #BUSD
Stablecoins might be categorized as securities if they provide staking and some other services to US Customers.
So there is possibility of SEC's next target are other stablecoins like #USDC, #USDT and #GUSD.
War going on unregulated stablecoins/securities. Banning these might help SEC to regulate industry via USD.
Also #Binance CEO said: Crypto industry will probably move to non-dollar stablecoins.
If #SEC attacks other stablecoins then find an another place to park money. (Probably Bitcoin will pump hard initially as ultimate safe heaven)
- First Staking
- Then Paxos' #BUSD
Stablecoins might be categorized as securities if they provide staking and some other services to US Customers.
So there is possibility of SEC's next target are other stablecoins like #USDC, #USDT and #GUSD.
War going on unregulated stablecoins/securities. Banning these might help SEC to regulate industry via USD.
Also #Binance CEO said: Crypto industry will probably move to non-dollar stablecoins.
If #SEC attacks other stablecoins then find an another place to park money. (Probably Bitcoin will pump hard initially as ultimate safe heaven)
Forwarded from ⚜️VIP Classified® Bullish
💰 After the drop, bitcoin is moving sideways as expected. It's no trade zone for now!
Currently People are converting #USDC to #BTC as a result of recent FUD, so the market will see short term strength.
70% part of all short positions are booked, holding the rest.
The current support level is $19600, and the strong resistance level is $21600. Looking for a Short opportunity near a resistance zone.
Currently People are converting #USDC to #BTC as a result of recent FUD, so the market will see short term strength.
70% part of all short positions are booked, holding the rest.
The current support level is $19600, and the strong resistance level is $21600. Looking for a Short opportunity near a resistance zone.