What's going on between the SEC and the Crypto Market.

12 Jun 2023, 13:07

What's going on between the SEC and the Crypto Market ⚖️ 👀 The summer of 2023 began with an unexpected attack by the SEC on the whole crypto segment, and in this post we will give our guesses and thoughts about the current situation and possible options for its development in the future. What is going on with cryptocurrency now 🧠: I can't understand SEC, do they just want to shave and buy or really take total control over cryptocurrency. In the first case it's fine, you don't have to worry about it, in the second case it's already scary, to put it mildly. Stables as an option, but USDT is under investigation, and USDC is coinbase partner, so it is unclear what will happen, but I don't recommend to take alts and crypto right now. Coins that are called securities: SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO Consequence on the market if Binance and Coinbase will close (what I don't believe, though who believed in FTX): bitcoin - 2x2, viola will be 5 times minimum, panic on the market, hamsters and those who lost all deposit on it go out of the market at most. A few months to recover, and maybe more, after that popularization of wallets, swapalikes and everything the U.S. can not touch. *Ru post version