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Trump Disappoints Crypto Holders Hoping for Immediate Policy Changes. How Is Bitcoin Reacting?
The founder of Greenlight Capital: Speculative behaviors in the Cryptos market during the bull market have exceeded common sense.
David Einhorn, the founder of Greenlight Capital, stated in a letter to investors that the current speculative behavior in the bull market has exceeded common sense.
Trump appointed Mark Uyeda as the acting chair of the SEC in the USA, and immediately established a working group on Cryptos.
Upon taking office, Ulyada, who is regarded as a supporter of Cryptos, initiated reforms in Cryptocurrency policies. On Tuesday, he announced the establishment of a Cryptocurrency Enforcement Task Force within the SEC, which will build a regulatory framework. Driven by this news, Bitcoin's intraday increase reached 3.0%, priced at $106,290. Trump previously announced that he plans to nominate former SEC commissioner Paul Atkins as the SEC chairman; however, the USA Senate has yet to schedule a confirmation hearing for Atkins.
Crypto Thought Trump Would Bring It Legitimacy. Then He Launched a Meme Coin. -- WSJ
Is the "Trump fever" turning into instant wealth? The excitement in the cryptocurrency market is fading, and newcomers in the coin circle are exiting after experiencing liquidation.
① The virtual MMF market is highly volatile, unlike traditional stock markets, preserving capital is the priority; ② Analyzing virtual MMFs using traditional fundamentals, valuation methods, etc., is difficult and not suitable for ordinary investors.
Cryptos Retrace as Trump Skips Crypto Mention
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Jaguar8 : Yes they are POS
Mcsnacks H Tupack OP Jaguar8 : They didn't issue enough shares to drive it down at least. It is trending up so it will still breakout sooner or later.
TheOracleOfBroMaha Mcsnacks H Tupack OP : Is THIS from 12/? A new 9,000,000,000 class A????
Mcsnacks H Tupack OP TheOracleOfBroMaha : But this is a chinese company so there's a conversion rate that they apply as ADS which are individual shares of a foreign company held by a depositary bank.
TheOracleOfBroMaha : I went to college with a Mary Tupac that may be obviously much different than you I’m sure!! but whenever I see your name, I think of her. And that was quite a long time ago. But she was a gem.
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