Evergrand has reached an agreement for payment. They will pay
submitted by /u/BladeOfNoxus [link] [comments]
submitted by /u/BladeOfNoxus [link] [comments]
Bill H.R.4741 which is currently in committee in the house financial services, agriculture, and ways and means committees which would destroy all of defi and the cryptocurrency markets as we know it. Among other things it would: Make it possible for all cryptocurrencies besides BTC, ETH and their hard forks to be labelled as securities…
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On Tuesday, SEC Chair Gary Gensler re-confirmed his plan to crack down on cryptocurrencies, and traders’ regulatory concerns are confirmed by this key Bitcoin futures and options indicator.
What are mervs? Merv is a genderless species emerging and being spotted in various places on the blockchain (or if that's beat to death for you guys, in the world). They're pretty docile creatures for the most part and seem to imitate human's habits and behaviors, taking on personality of their own. Now they look…
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If someone had ETH and purchased a few NFT's, how do taxes work for that? Do they just keep all of the transaction info and give it to a tax accountant? Thanks submitted by /u/justsenditok [link] [comments]
These are good prices to enter at, but for your own good, wait at least one day to see what happens. I was going to buy in this evening, but I decided to do some more reading and saw that this Evergrande panic is not only happening now, but will go into full force soon.…
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submitted by /u/PeacockMamba [link] [comments]
It was just a couple weeks ago that Coinbase posted a blog post, paired with a hefty Twitter thread from CEO Brian Armstrong highlighting recent challenges with the SEC. Armstrong described the agency’s behavior as “sketchy” after the SEC seemingly threatened the exchange that a lawsuit would be impending should Coinbase launch their expected interest-yielding product, Lend. If Armstrong’s tweet thread didn’t give it away, the company’s blog post, spearheaded by Chief Legal Officer Paul Grewal, was undoubtedly lined with some of the firm’s frustrations. Now, less than a month later, reports have emerged that Coinbase has elected to halt it’s plans to launch Coinbase Lend. A Threat To DeFi? The news comes less than a week after SEC Chairman Gary Gensler told CNBC that his commission is under-staffed. Gensler echoed those sentiments in a Senate testimony last week, stating that the SEC “needs a lot more people.” He added in the testimony that he believed previous judiciary decisions established that many cryptocurrency tokens “do come under the securities law.” Gensler took the role with the SEC earlier this year, and came in with high expectations from retail investors. Elsewhere in the market, some state regulators seem to be working to try to fill the SEC’s role with interest-yielding products already on the market. A handful of state regulators in recent months started legal action against BlockFi for it’s lending products. In the past week, some state regulators have shifted focus to pursue action against Celsius as well. New Jersey, Texas and Alabama are three states that are pursuing both BlockFi and Celsius with claims that the firms are offering residents unregistered securities. Regardless of the eventual outcome, the growing popularity of yield-generating tokens and stablecoins are becoming of increased importance to regulators, and are likely bound to be responsible for federal oversight at a higher level than currently seen. The timetable and degree of oversight remains to be seen. Coinbase is the first crypto exchange to be publicly traded on a major U.S. stock exchange, but has posted modest results in it’s short time on the market. | Source: COIN – NASDAQ on TradingView.com Related Reading | Mid-Cap Altcoins Hold Onto Highs Better Than Bitcoin And Ethereum Elsewhere In The Coinbase Rumblings The powerhouse exchange continues to build on their flagship products to deliver business growth. Last week, the exchange issued a high-demand junk bond with orders amounting to $7B. In recent months, the company announced it’s intent to launch a “crypto app store” and added payment support for Apple Pay. Safe to say it’s been a busy quarter for the bustling exchange. However, it remains to be seen what the end result is for competitors like BlockFi and Celsius. In the meantime, it seems that Coinbase may be working to try to propose regulatory framework that can help the SEC and other regulatory figures embrace the market without overstepping boundaries for crypto consumers. Related Reading | Despite Dips, Bitcoin Exchange Reserves Reach Lowest Values Since 2018 Featured image from Pexels, Charts from TradingView.com
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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The amount of awful investment advice I see on this sub is making me question how much the community knows about finance, economics and how market works. No, there isn't just ONE way to profit off a dip. DCA isn't "the only way". Neither is selling now and jumping back in when it drops another…
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