FSMA Rule 204 is coming into effect after the State of California won a lawsuit against the US Federal Government to enforce the law that was passed but sitting idle since the Obama Admin. Park City Group, Inc. owns the software Repositrak that has the most accreditation from the food safety industry. CEO has the pep in his step as the demand for food traceability...
Following the Volume Profile fixed Range Daily analysis for the year 2023 and the order blocks, an area that could represent the bottom in 2024 for Bitcoin could be the area of 26200-26700. Having the important confluence, we believe that the bottom in 2024 for Bitcoin could be in this area. Of course, some negative news is needed to be able to bring the price...
AI hot; Crypto not! That’s set to change. Bitcoin prices have bounced back even as AI hype hogs the newsfeed. Crypto was disregarded as a product of inflated bull market fuelled by easy money last year. “Risk-on” assets like Bitcoin (BTC) plunged sharply. Subsequent recovery has been refreshingly consistent suggesting a potential resurgence. BTC stands 80%...
Blackrock’s spot ETF filing and the Securities and Exchange Commission's crackdown on crypto are driving investors toward Bitcoin. Bitcoin BTC tickers down $26,962 dominance, the measure of how much Bitcoin makes up of the total crypto market cap, has breached the 50% mark. On June 19 at 6 pm UTC, Bitcoin dominance hit just above 50% and has since settled to...
Haven't seen 1 account speak on what we've said for about 2 years now, in reference to gov & #CBDC and them not liking competition NOT 1 Many #CEXs have asked for guidance & what have they received? NOTHING! This is NOT about #crypto protection! This is about CONTROL! #DEX #BTC #GOLD #SILVER ANYWAY CRYPTOCAP:BTC still looks good. Pattern we highlighted some...
One lawsuit recognizing that one of the crypto projects is an unregistered security is enough. And all those projects who did Token Sales - ICO, IDO, IEO and other, did fundraising and sold tokens to funds, did airdrops, token burning - this is all a big problem for crypto projects by the SEC(The United States Securities and Exchange Commission) Bitcoin and all...
Regulations are coming, I have been talking about this for a long time, but even the projects themselves are not ready. Projects that will not be affected by the regulation are Bitcoin, Chia, Eth, Dydx, Rose, Astar, Shaiden network, Compound, Aptos, Flow, Kusama, Dot, Imx, Mina, etc.. Of course, some projects have their risks. I have an assumption that the...
I think we have a 3rd move up to $37k, Looking at the 4-hour chart, you can see 2 almost identical legs up, I think we on now on a 3rd and final leg up to $37k, I then think MM will pull down to retest support at 35K to as low as 30K before going back up to HKEX:40 in the fall and then flat. January rally to soon to see as we officially enter the 4-year bull run...
USDC USDC - US, peg lost Price is recovering and is now $0.95 This happened because Silicon Valley has a big problem, i will not go into details of this problem and how much collateral is lost. The fact is that the price of USDC was dropping to $0.86 and the price has not recovered yet to 1$ I am writing this post on Sunday because tomorrow is Monday and...
The adoption of crypto law in Ukraine has been slowed down mainly due to the need to adapt it to tax and civil codes, an official told Cointelegraph in an exclusive interview. A year after Russia’s invasion, Ukraine continues working on cryptocurrency legislation, but the war has not changed its regulatory stance, according to a Kyiv official. Ukraine has...
... not like securities (except in special cases), and definitely not like commodities. The contemporary debate is about which US regulator gets to go after crypto. Here are some (hopefully) clarifying arguments. 1. All of securities, national currencies, commodities, and crypto currencies are generally regarded as assets. 2. The valuation of an asset, depends...
What happened with FTX: Rumours began circulating starting on the week of 1st November that the balance sheet of Alameda Research, a quantitative trading firm, and a sister company of FTX, a Bahamas-based offshore crypto exchange, might be in trouble. They both have the same owner, a 30-year-old crypto’s “golden boy”, Sam-Bankman Fried. It now appears FTX might...
BingX’s Bitcoin Chart Bitcoin is currently trading near $16,900. However, the overall trend of the cryptocurrency market is still downward. BTC yesterday after falling back to $15,800 this support level encountered a strong rebound, pulled up to $16,800 for a short period of sideways volatility, which shows that the current bulls expectations are still high....
BingX’s Bitcoin Chart Bitcoin is up 0.44% over the last 24 hours and rose to an intraday high of $19,558.82. The largest cryptocurrency was mainly trading around the $19,500 price level during the weekend, suggesting a balance between supply and demand. The latest U.S. Consumer Price Index will be released on Thursday, which is widely expected to arrive at...
Gibraltar is becoming well known for its pioneering crypto regulations, support for blockchain development and bitcoin adoption. Cointelegraph reporter Joe Hall visited the country of Gibraltar to explore Bitcoin adoption on The Rock, as the peninsula is known locally, and how the adoption of bitcoin for shopping in the territory is impacting business. The visit...
A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities. Kazakhstan is ready to legalize a mechanism for converting cryptocurrencies to cash if there is demand, said President Kassym-Jomart Tokayev, per local news agency Informburo on Sept. 28. Speaking at the international forum...
Cryptocurrency guidelines released by the Biden administration this month show that officials are considering the benefits of crypto. That’s a step in the right direction. The White House released its first comprehensive framework this month for the Responsible Development of Digital Assets following President Joe Biden’s March 9 executive order. The order called...
Six individuals are challenging the Treasury Department. Two seemingly separate stories. One terrifying precedent. It’s all about privacy. On Sept. 8, Coinbase announced it was bankrolling a lawsuit against the United States Treasury Department. The cryptocurrency exchange is funding a lawsuit brought by six people that challenges the sanctions on Tornado Cash....