Binance and Coinbase were sued by regulators. Days after, Crypto.com is a target of media allegations of insider trading. Hours later, Abra and CoinEX were issued cease-and-desists. All just before many financial giants make their move into crypto. That's very convenient timing, I must say - On the Monday and Tuesday, Binance and Coinbase received lawsuits from the SEC. Both were regarding staking being alleged securities and Binance's suit involving a fair bit more. Then days later, the Financial Times reported alleged internal trading by Crypto.com. A few days after, regulators issue a cease-and-desist to both Abra and CoinEX. Quite a number of major exchanges hit within days of each other. Very soon after we see the likes of Mastercard, Citadel, Fidelity, Charles Schwab & Duetsche Bank making entries into crypto within days of each other. This is on top of more filings and refilings by Invesco, ProShares, WisdomTree & Valkyrie. All I can say is, that time is all rather convenient. Cryptocurrency

Binance and Coinbase were sued by regulators. Days after, Crypto.com is a target of media allegations of insider trading. Hours later, Abra and CoinEX were issued cease-and-desists. All just before many financial giants make their move into crypto. That's very convenient timing, I must say - On the Monday and Tuesday, Binance and Coinbase received lawsuits from the SEC. Both were regarding staking being alleged securities and Binance's suit involving a fair bit more. Then days later, the Financial Times reported alleged internal trading by Crypto.com. A few days after, regulators issue a cease-and-desist to both Abra and CoinEX. Quite a number of major exchanges hit within days of each other.

Very soon after we see the likes of Mastercard, Citadel, Fidelity, Charles Schwab & Duetsche Bank making entries into crypto within days of each other. This is on top of more filings and refilings by Invesco, ProShares, WisdomTree & Valkyrie.

All I can say is, that time is all rather convenient.


Shortnsalty 35d

Berkshire is hoarding so. much. cash.

Berkshire is hoarding so. much. cash.
Goldrush_Greg 66d

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Stonksurfer42 96d

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Moonbagjack 127d

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Chartwizard_Au 157d

🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...

🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Tendies_Inbound 1y

#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?

Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?