Block now down more than Coinbase pre-market.
#Bitcoin isnât a threat to the USA. The people trying to stop it are.
Wake up guys. Weâre in the and then they fight you stage, and our enemies arenât messing around. Be ready for some crazy swings
I honestly thought crypto, including #Bitcoin, would be down more than it is on this #Coinbase news. Maybe people confident in Coinbaseâs ability to win in court?
And I say crypto as a whole because they are cross collateralized.
SEC is going after Coinbase. Coinbase is fighting back. Going to be settled in courts more than likely.
#[0]â any thoughts on SEC & Coinbase?
I get it. But I make this post bc of the SEC coming at Coinbase. The SEC gave them the green lightâŚitâs just so backwards.
If you have #altcoins, Iâd be on red alert đ¨
You can tell the #Coinbase response to the Wells notice is one of extreme frustration. They have tried over and over again to cooperate with rules, regulations, and create a system of fairness for all. The SEC has ignored them. The USA is failing the people of this country on crypto innovation and fair rules for all. Although I only hold #Bitcoin, I am extremely frustrated with the the SEC, CFTC, and the current administrationâs stance on Bitcoin.
I hope that they can get this worked out. I donât want to have to move, but I will. El Salvador would be the first place on me and my wifeâs list.
Coinbase response (and Brian tweeted a thread on Twitter):
Coinbase down 7% after hours on the news.
Coinbase just got a Wells notice from the SECâŚâŚ..what is going on
Gold up. Bitcoin down. đ¤ đ§ đ¤¨
Imagine selling the most scarce and desirable asset in the world because the fed âmayâ raise interest rates.
10.4% inflation in the UK. Rough.
$28,500 was a major resistance level. $30,000 will be bitter. Charts say so and human psychology adds fuel to the fire. Even if we break 30K, we need to hold above for about a week to confirm weâre in a new bull market. However, I just hodl and donât worry about it. Just sharing for the hell of it.
Really enjoyed this one! Worth going over the 21 minutes :)
Gareth Soloway shorting Bitcoin at $28,450. Says he will short more at $30,000 if we hit that target. Make the shorts cover.