Everyone should ask @GaryGensler and the @SECGov what changed when @BlockFi agreed to and paid $70M of the $100M imposed by Gensler?
BlockFi was making payments to the SEC for God’s sake. The SEC is the 2nd largest creditor in the BlockFi Bankruptcy!
Does it mean we can't pump up 100-200%? Of course it doesn't mean that. Big fat retraces can come at any moment.
But what all the data says is that 2014 and 2018 had massive confluence with one another. They were nearly identical behavior. And 2022 does not match those.
In addition, BTC has broken from DXY and Dow Jones.
All temporary due to FTX? Or something much bigger?
LUNA / UST did NOT cause BTC to deviate from stocks.
FTX did.
20/20 hindsight will have the answer in 6-months from now, I'd bet. But, what an interesting time!
Kevin O’Leary has destroyed his #crypto career
Its quite simple
FTX committed vast amounts of fraud.
FTX and binance were only competitive because of this fraud.
If the fraud never happened then FTX couldn’t have afforded to pay him $15m to support them.
The fact that the Senate called @kevinolearytv as a witness is a joke. The man supports SBFraud and said he would invest more money with SBFraud which is a slap in the face to everyone of the innocent people SBFraud harmed along w/Kevin. And he blames @cz_binance? 🤡
U.S. Senators Warren and Marshall introduced the Digital Assets Anti-Money Laundering Bill. Top cryptos lost earlier gains after the Fed raised interest rates. @_jocelynyang_ reports
https://t.co/sXWE3ZV8eO