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Yasir Crypto Expert
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what did wrong in this trade my analysis or get trade in wrong time ??
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Yasir Crypto Expert
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JUST IN: 🇺🇸 US Core PPI falls to 2.4%, lower than expectations.
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guess the correct option ?? $BTC
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$BTC Others/BTC just confirmed a weekly bullish divergence. The last time this happened was in Q3 2023, which marked the beginning of a 6-month altcoins rally. I hope $BTC holds above $100K for a few weeks, as it'll give the perfect set-up for alts to rally. The Macro environment is already getting better, and the next FOMC is in June, so there won't be any major volatile event before that.
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#CryptoRegulation Cryptocurrency regulation is a complex and evolving field that varies across jurisdictions. Here's an overview of the current state of crypto regulation: Key Regulators in the US - *Securities and Exchange Commission (SEC)*: Regulates securities, including some cryptocurrencies, and protects investors through mandatory registration. - *Commodity Futures Trading Commission (CFTC)*: Regulates commodities, including cryptocurrencies like Bitcoin, and derivative markets. - *Internal Revenue Service (IRS)*: Treats cryptocurrency as property for tax purposes, subject to capital gains taxes. - *Financial Crimes Enforcement Unit (FinCEN)*: Oversees anti-money laundering and counter-terrorism financing regulations for virtual currency businesses ¹. Challenges in Crypto Regulation - *Fragmented regulations*: Different states have varying regulations, making nationwide operations challenging. - *Lack of clear crypto-specific laws*: Forces businesses to interpret existing financial regulations, leading to uncertainty and misinterpretation. - *International coordination*: Global standard-setting bodies like the Financial Stability Board (FSB) and Financial Action Task Force (FATF) play a crucial role in shaping crypto regulations. Recent Developments - *SEC's Crypto Task Force*: Aims to provide clarity on the application of federal securities laws to crypto assets and recommend policy measures. - *FIT21 legislation*: Introduced in 2024 to emphasize the role of the CFTC as a lead crypto regulator in the US, but has not yet been enforced ¹ ². Benefits of Clear Regulations - *Protect investors*: From scams and market manipulation. - *Ensure transparency*: Accurate information and transaction transparency. - *Prevent illicit activities*: Money laundering, fraud, and misleading information. - *Encourage market participation*: Confidence in investors and blockchain innovation ¹.
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$XLM buy buy buy !!!!
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