Cryptocurrency

[AtW]

"Crypto-currency firm Ripple has been charged with conducting investments without proper licences by the US Securities and Exchange Commission.

The SEC asserted that Ripple's XRP token is a tradable asset, known as a security, and thus subject to its regulations.

The firm argues that XRP is a currency and therefore does not have to be registered as an investment contract.

The value of XRP fell by more than 30% on the news.

Digital currencies are governed by another US regulator - the Commodity Futures Trading Commission (CFTC) - which has different rules.

Ripple's chief executive Brad Garlinghouse, and former chief executive Chris Larsen, have both been charged with violating the Securities Act."

Crypto-currency firm Ripple charged by US watchdog - BBC News



All tulipcoins should be charged the same way!

[AtW]

None of them are fecking "currencies"

[ChimpMaster]

None of them are fecking "currencies"

None of them are anything.

[AtW]

None of them are anything.

They are something one real money (AKA fiat) change hands.

Hopefully under Biden DOJ will crack down on all tulipcoins - key enablers of cybercrime.

[AtW]

Looks like main tulipcoin is going to the Moon now, here is what the experts say -


"Time to be careful. On the 1-day chart above BTC .D (D for dominance) is indicated as overbought (green column). Stochastic RSI is at 99.43!! (Out of 100) that is clearly bonkers. Money Flow Index (MF) is at 100.8 (how is that possible?!). Looking left MFI has never been here before for all of the BTC dominance history.

Can BTC dominance continue to increase? Absolutely.

Is it probable? Very unlikely."

Source: BTC dominance - overbought for CRYPTOCAP:BTC.D by pooper_scooper — TradingView

[AtW]

CRYPTOCRAP

[Whorty]

Looks like main tulipcoin is going to the Moon now, here is what the experts say -


"Time to be careful. On the 1-day chart above BTC .D (D for dominance) is indicated as overbought (green column). Stochastic RSI is at 99.43!! (Out of 100) that is clearly bonkers. Money Flow Index (MF) is at 100.8 (how is that possible?!). Looking left MFI has never been here before for all of the BTC dominance history.

Can BTC dominance continue to increase? Absolutely.

Is it probable? Very unlikely."

Source: BTC dominance - overbought for CRYPTOCAP:BTC.D by pooper_scooper — TradingView

He knows his stuff, that's for sure ... I mean, the MF is over a 100

[AtW]

Bitcoin Value Tops Half A Trillion Dollars—Is The Bitcoin Price About To Smash $30,000?

[AtW]

“ That’s thrust some investors to chase returns and hedge with cryptocurrencies, pushing its price past $28,000 from around $7,200 at the start of January.

Predicting where it will go is a fraught exercise. Many left the coin for dead after its 2017 rally resulted in a crash the following year, a stretch of time sometimes referred to as the “crypto winter.” But it’s surged more than 300% in 2020 and many investors say it could continue to gain next year. A Deutsche Bank survey found a majority see it ending 2021 higher, with 41% of participants projecting a target between $20,000-$49,999 and 12% seeing it crossing above $100,000, according to Jim Reid, a strategist at the firm.”

Bitcoin Faces Regulatory Scrutiny After Record-Breaking Rally - Bloomberg

[AtW]

As Bitcoin nears $26K, BTC may break $40K in the next impulse wave, says trader

We need charts!!!