✴️ Internet Computer Update After SEC Lawsuit Mention
There was a strong shakeout on this Altcoin after the SEC mentioned ICP in its list of "securities".
I believe these claims/accusations won't stand in the long-run but they do have an effect on the market and that is a negative effect.
As you already know, the SEC is suing everybody and claiming that everybody who is in the business of offering Cryptocurrency exchange services is actually selling securities... The battle is ongoing.
Everybody has their own opinion but in the end the USA courts will have to decide.
In my opinion Cryptocurrencies are Cryptocurrencies and Securities are Securities but I am just a simple nobody and thus it is worthless what I say... But it will be interesting to see the results of the Ripple vs SEC case.
The same 1,2,3,4 Steps Pattern remain valid, we should experience soon a bullish wave.
The attack on the market has already been priced in, but surprises can still happen along the way.
Remember the stop-loss... There are thousands and thousands of other Altcoins and pairs available, until things become clear once again.
It is wise to trade other things until these people finish their fight.
It is nobody's fault but that's the game.
Namaste.
I believe these claims/accusations won't stand in the long-run but they do have an effect on the market and that is a negative effect.
As you already know, the SEC is suing everybody and claiming that everybody who is in the business of offering Cryptocurrency exchange services is actually selling securities... The battle is ongoing.
Everybody has their own opinion but in the end the USA courts will have to decide.
In my opinion Cryptocurrencies are Cryptocurrencies and Securities are Securities but I am just a simple nobody and thus it is worthless what I say... But it will be interesting to see the results of the Ripple vs SEC case.
The same 1,2,3,4 Steps Pattern remain valid, we should experience soon a bullish wave.
The attack on the market has already been priced in, but surprises can still happen along the way.
Remember the stop-loss... There are thousands and thousands of other Altcoins and pairs available, until things become clear once again.
It is wise to trade other things until these people finish their fight.
It is nobody's fault but that's the game.
Namaste.
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