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Introduction
We cannot live quietly on a simple day in the realm of crypto without noises and turbulence. The market is boring and flat lately, but we have a lot of action with the SEC!
Their purpose and mission is to protect customers' money. In reality, now they are attacking crypto companies without clarity. It is wrongdoing what they are trying to accomplish personally.
Crypto companies beg for years for clear regulations in the crypto sector. You see the EU, have some advance with the MICA framework.
Better to have something than nothing!
Binance vs SEC
The modus operandi is always the same as the SEC behavior. Binance keeps doing business as usual and received a letter stipulating what they have done wrong.
Some crypto traded on their platform from the SEC perspective are considered securities. It is not clear what is the real definition of security for crypto with the regulations that exist today.
We need to have a new and clear framework in place for cryptoassets like tokens, NFTs, etc... You cannot interpret the way you think is right and attack without any notice crypto companies that want to be legit.
Those companies bring innovation with a lot of value for crypto investors. They provide a way for people to purchase, sell, and build wealth easily without the need to think too much.
It is already a difficult ecosystem to master for a typical investor who just wants to have a presence in the crypto realm...
Immediate consequences of this attack from the SEC
From the headlines I check rapidly in the last 24 hours, 700 million was removed from the Binance liquidity. This reaction is people are scared of not being able to access their funds in the worst-case scenario.
What people have not learned!
You just leave crypto assets that intend you to trade. Not assets that you keep for the long term. It is not the first or last behavior like this we are going to expect.
Bitcoin has crashed from this market sentiment. When BTC is in the red, the rest of the market follows the pattern!
We love the volatility!
If you can't handle it, you are in the wrong market...
What to expect next?
This is a legal battle that can take years before something can materialize. Those legal fees from the government are paid with people's taxes...
In the case of Binance, I believe you can reduce the legal fees from your business expense. But I am not quite sure...
This is very costly for a company to battle because you need to hire the best layers. You need to fight with the interpretation of words and laws in place.
The results are years of energy spending, stress, and suffering for the crypto industry.
The US seems to fight for innovation in its territory and make sure crypto is moving to other international jurisdictions.
My perspective
I believe is not good for the whole industry's constant attacks from the SEC entity. No matter what they are trying it will not change the path of crypto penetration and prosperity.
People understand the risk of crypto and if they intend to purchase them. They know the risks and rewards associated with it.
I hope this battle will not last years and both parties can find a fast settlement.
PS: It is my personal opinion and I am not a financial advisor. Always do your own research.
Introduction
We cannot live quietly on a simple day in the realm of crypto without noises and turbulence. The market is boring and flat lately, but we have a lot of action with the SEC!
Their purpose and mission is to protect customers' money. In reality, now they are attacking crypto companies without clarity. It is wrongdoing what they are trying to accomplish personally.
Crypto companies beg for years for clear regulations in the crypto sector. You see the EU, have some advance with the MICA framework.
Better to have something than nothing!
Binance vs SEC
The modus operandi is always the same as the SEC behavior. Binance keeps doing business as usual and received a letter stipulating what they have done wrong.
Some crypto traded on their platform from the SEC perspective are considered securities. It is not clear what is the real definition of security for crypto with the regulations that exist today.
We need to have a new and clear framework in place for cryptoassets like tokens, NFTs, etc... You cannot interpret the way you think is right and attack without any notice crypto companies that want to be legit.
Those companies bring innovation with a lot of value for crypto investors. They provide a way for people to purchase, sell, and build wealth easily without the need to think too much.
It is already a difficult ecosystem to master for a typical investor who just wants to have a presence in the crypto realm...
Immediate consequences of this attack from the SEC
From the headlines I check rapidly in the last 24 hours, 700 million was removed from the Binance liquidity. This reaction is people are scared of not being able to access their funds in the worst-case scenario.
What people have not learned!
You just leave crypto assets that intend you to trade. Not assets that you keep for the long term. It is not the first or last behavior like this we are going to expect.
Bitcoin has crashed from this market sentiment. When BTC is in the red, the rest of the market follows the pattern!
We love the volatility!
If you can't handle it, you are in the wrong market...
What to expect next?
This is a legal battle that can take years before something can materialize. Those legal fees from the government are paid with people's taxes...
In the case of Binance, I believe you can reduce the legal fees from your business expense. But I am not quite sure...
This is very costly for a company to battle because you need to hire the best layers. You need to fight with the interpretation of words and laws in place.
The results are years of energy spending, stress, and suffering for the crypto industry.
The US seems to fight for innovation in its territory and make sure crypto is moving to other international jurisdictions.
My perspective
I believe is not good for the whole industry's constant attacks from the SEC entity. No matter what they are trying it will not change the path of crypto penetration and prosperity.
People understand the risk of crypto and if they intend to purchase them. They know the risks and rewards associated with it.
I hope this battle will not last years and both parties can find a fast settlement.
PS: It is my personal opinion and I am not a financial advisor. Always do your own research.$0.00 - This nature swimming pool will be part of my weekly routine. Enjoy nature, relaxing and working out. Live is beautifulThis nature swimming pool will be part of my weekly routine. Enjoy nature, relaxing and working out. Live is beautiful$0.00
-
Graphic link
Coinbase is a well-known and prominent cryptocurrency exchange platform that was founded in 2012. It offers a user-friendly interface and a range of services for buying, selling, and storing various cryptocurrencies. Coinbase has gained a significant market share and has become one of the most recognized names in the cryptocurrency industry.
Several factors contribute to Coinbase's current success and potential for future growth:
User Base: Coinbase boasts a large and growing user base, which is a crucial factor for any exchange company. Its user-friendly interface and reputation for security have attracted both novice and experienced cryptocurrency investors.
Regulatory Compliance: Coinbase has prioritized regulatory compliance and has worked closely with regulatory authorities in different countries. This approach has helped establish trust among users and has positioned Coinbase favorably in terms of compliance with evolving regulations.
Range of Cryptocurrencies: Coinbase supports a wide range of cryptocurrencies, including popular ones like Bitcoin and Ethereum. By offering access to a diverse portfolio of digital assets, Coinbase has attracted a broad user base and has the potential to capture market share as new cryptocurrencies emerge.
Institutional Support: Coinbase has garnered support from major institutional investors, which provides credibility and financial backing. This support enhances the company's ability to expand its services and infrastructure.
Expansion Efforts: Coinbase has been proactive in expanding its services beyond the traditional exchange platform. It has launched products like Coinbase Pro for more advanced traders, Coinbase Custody for institutional clients, and Coinbase Wallet for secure storage of cryptocurrencies. These efforts indicate a strategic focus on diversification and innovation.
However, it's important to note that the cryptocurrency market is highly volatile and subject to rapid changes. Competition in the exchange industry is intense, with several other exchanges vying for market share. The success of Coinbase will depend on various factors, including its ability to adapt to evolving market trends, address security concerns, expand its product offerings, and maintain regulatory compliance.
While Coinbase has achieved significant growth and recognition in recent years, the landscape of the cryptocurrency industry is constantly evolving, and other exchanges may emerge or grow to challenge Coinbase's position.
Ultimately, whether Coinbase becomes the largest exchange company will depend on its ability to navigate these challenges, sustain its growth trajectory, and effectively capture market opportunities in the rapidly evolving cryptocurrency market.
Graphic link
Coinbase is a well-known and prominent cryptocurrency exchange platform that was founded in 2012. It offers a user-friendly interface and a range of services for buying, selling, and storing various cryptocurrencies. Coinbase has gained a significant market share and has become one of the most recognized names in the cryptocurrency industry.
Several factors contribute to Coinbase's current success and potential for future growth:
User Base: Coinbase boasts a large and growing user base, which is a crucial factor for any exchange company. Its user-friendly interface and reputation for security have attracted both novice and experienced cryptocurrency investors.
Regulatory Compliance: Coinbase has prioritized regulatory compliance and has worked closely with regulatory authorities in different countries. This approach has helped establish trust among users and has positioned Coinbase favorably in terms of compliance with evolving regulations.
Range of Cryptocurrencies: Coinbase supports a wide range of cryptocurrencies, including popular ones like Bitcoin and Ethereum. By offering access to a diverse portfolio of digital assets, Coinbase has attracted a broad user base and has the potential to capture market share as new cryptocurrencies emerge.
Institutional Support: Coinbase has garnered support from major institutional investors, which provides credibility and financial backing. This support enhances the company's ability to expand its services and infrastructure.
Expansion Efforts: Coinbase has been proactive in expanding its services beyond the traditional exchange platform. It has launched products like Coinbase Pro for more advanced traders, Coinbase Custody for institutional clients, and Coinbase Wallet for secure storage of cryptocurrencies. These efforts indicate a strategic focus on diversification and innovation.
However, it's important to note that the cryptocurrency market is highly volatile and subject to rapid changes. Competition in the exchange industry is intense, with several other exchanges vying for market share. The success of Coinbase will depend on various factors, including its ability to adapt to evolving market trends, address security concerns, expand its product offerings, and maintain regulatory compliance.
While Coinbase has achieved significant growth and recognition in recent years, the landscape of the cryptocurrency industry is constantly evolving, and other exchanges may emerge or grow to challenge Coinbase's position.
Ultimately, whether Coinbase becomes the largest exchange company will depend on its ability to navigate these challenges, sustain its growth trajectory, and effectively capture market opportunities in the rapidly evolving cryptocurrency market.$0.00 - This is how independance day can look like as well :) going treasure hunting on the islands in the archipelago. Old RayBan’s or Viking swords doesn’t matter :)This is how independance day can look like as well :) going treasure hunting on the islands in the archipelago. Old RayBan’s or Viking swords doesn’t matter :)$0.00
- Beautiful sunset up in Paia. It's a cool little earthy spot on Maui. In fact they had a drum circle going on in the background.Beautiful sunset up in Paia. It's a cool little earthy spot on Maui. In fact they had a drum circle going on in the background.$0.00
- "Throughout history many nations have suffered a physical defeat, but that has never marked the end of a nation. But when a nation has become the victim of a psychological defeat, then that marks the end of a nation."
— Ibn Khaldun"Throughout history many nations have suffered a physical defeat, but that has never marked the end of a nation. But when a nation has become the victim of a psychological defeat, then that marks the end of a nation."
— Ibn Khaldun - Hello Amigos.
Welcome to my actifit report for Monday 5th June, 2023.
A good start of the day, I woke up by 6:10am gave thanks to God.
I missed actifit report for Sunday because my phone wasn't in a good shape.
I just managed it to engage on hive for sometime, I didn't carry it around because part of it was open and could fall off.
So, after doing some house chores.
I went for an early morning walk though without my phone.
I came back prepared and ate breakfast before preparing to go to the phone repair shop.
Because he usually come around 10am.
As I was walking to the phone repair shop around 10:30am, I saw the phone repair shop owner.
I told him I was going to his shop, he pleaded I wait for him in the shop, that it's open.
He wanted to go and eat.
I passed and saw an extension that I needed for sale.
I priced and bought it for #1200($2.59).
Five three pins, five two pins.
I got to the repair shop, waited for sometime before his return.
To repair my phone didn't take much time.
He just quickly fixed it and continued with other work.
With my phone now is better shape, I hit the road to get some counts.
In about an hour, the weather changed and it started raining.
I was so glad it wasn't heavy, I ran back home getting a bit wet.
The rain remained like that throughout the day, little but steady.
I ended my day with getting some task done on hive.
That's it for my Monday.
Wishing you all a marvelous day ahead
Let's go again today
Thank you very much for checking out my blog. This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io 05/06/2023 4078 Daily Activity, House Chores, Walking
----------- REFERENT URL ---------------
https://cdn.steemitimages.com/DQmXv9QWiAYiLCSr3sKxVzUJVrgin3ZZWM2CExEo3fd5GUS/sep3.png
https://actifit.s3.us-east-1.amazonaws.com/ACTIVITYDATE.png
https://cdn.steemitimages.com/DQmRgAoqi4vUVymaro8hXdRraNX6LHkXhMRBZxEo5vVWXDN/ACTIVITYCOUNT.png
https://cdn.steemitimages.com/DQmZ6ZT8VaEpaDzB16qZzK8omffbWUpEpe4BkJkMXmN3xrF/ACTIVITYTYPE.png
https://cdn.steemitimages.com/DQmNp6YwAm2qwquALZw8PdcovDorwaBSFuxQ38TrYziGT6b/A-20.png
https://cdn.steemitimages.com/DQmQqfpSmcQtfrHAtzfBtVccXwUL9vKNgZJ2j93m8WNjizw/l5.png
https://cdn.steemitimages.com/DQmbWy8KzKT1UvCvznUTaFPw6wBUcyLtBT5XL9wdbB7Hfmn/l6.png
https://bit.ly/actifit-app
https://bit.ly/actifit-iosHello Amigos.
Welcome to my actifit report for Monday 5th June, 2023.
A good start of the day, I woke up by 6:10am gave thanks to God.
I missed actifit report for Sunday because my phone wasn't in a good shape.
I just managed it to engage on hive for sometime, I didn't carry it around because part of it was open and could fall off.
So, after doing some house chores.
I went for an early morning walk though without my phone.
I came back prepared and ate breakfast before preparing to go to the phone repair shop.
Because he usually come around 10am.
As I was walking to the phone repair shop around 10:30am, I saw the phone repair shop owner.
I told him I was going to his shop, he pleaded I wait for him in the shop, that it's open.
He wanted to go and eat.
I passed and saw an extension that I needed for sale.
I priced and bought it for #1200($2.59).
Five three pins, five two pins.
I got to the repair shop, waited for sometime before his return.
To repair my phone didn't take much time.
He just quickly fixed it and continued with other work.
With my phone now is better shape, I hit the road to get some counts.
In about an hour, the weather changed and it started raining.
I was so glad it wasn't heavy, I ran back home getting a bit wet.
The rain remained like that throughout the day, little but steady.
I ended my day with getting some task done on hive.
That's it for my Monday.
Wishing you all a marvelous day ahead
Let's go again today
Thank you very much for checking out my blog. This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io 05/06/2023 4078 Daily Activity, House Chores, Walking
----------- REFERENT URL ---------------
https://cdn.steemitimages.com/DQmXv9QWiAYiLCSr3sKxVzUJVrgin3ZZWM2CExEo3fd5GUS/sep3.png
https://actifit.s3.us-east-1.amazonaws.com/ACTIVITYDATE.png
https://cdn.steemitimages.com/DQmRgAoqi4vUVymaro8hXdRraNX6LHkXhMRBZxEo5vVWXDN/ACTIVITYCOUNT.png
https://cdn.steemitimages.com/DQmZ6ZT8VaEpaDzB16qZzK8omffbWUpEpe4BkJkMXmN3xrF/ACTIVITYTYPE.png
https://cdn.steemitimages.com/DQmNp6YwAm2qwquALZw8PdcovDorwaBSFuxQ38TrYziGT6b/A-20.png
https://cdn.steemitimages.com/DQmQqfpSmcQtfrHAtzfBtVccXwUL9vKNgZJ2j93m8WNjizw/l5.png
https://cdn.steemitimages.com/DQmbWy8KzKT1UvCvznUTaFPw6wBUcyLtBT5XL9wdbB7Hfmn/l6.png
https://bit.ly/actifit-app
https://bit.ly/actifit-ios$0.24 - $1.72
- Good morning!
Remember... step by step
“If you work on something a little bit every day, you end up with something that is massive.” ―Kenneth GoldsmithGood morning!
Remember... step by step
“If you work on something a little bit every day, you end up with something that is massive.” ―Kenneth Goldsmith$0.75 - Once upon a time social media
Social media on web 3.0 has no doubt becoming a boon for human mankind. Either you want live stream video or sending fund through account on social media ,the lifestyle has got very revolutionary changed .
There was a time when choices was limited and hardly people used to engage online but Internet has absolutely changed the entire concept around the world and provided opportunity to let people connect to each other.
a few days ago i started using somee app which is one of the best user experience on hive blockchain where earning and networking both worked simultanuously.
Now as a user or creator you are given plenty of options to explore yourself in the sea of social platform .
i would like to tell you more about in detail .
if you want to explore browser then go with brave , if you want quick value for your contribution of content then go for steem , hive , blurt, serey,chingari etc
They pay real time money on their platform in the form of cryptocurrency .centralised video content platform like youtube will be soon declared out of date because user not get paid single penny for watching where as Short video platform like Chingari app, chainflix app, cos tv, odesey pays .
Internet still in upgrade mode where 5g going to do revolutionise changes as AI ( Artificial inteligence ) already started impacted our knowledge in more efficient way and other more technology going to jump in soon.
if you remember , 1990 where internet was just in initial frame, the world development was so backward but since 2000 growth structure put serious hike in world economic reformation.
Sending money and receiving money become more easier with less or almost zero transaction fee.
these are all possible because of boom in internet.
Lets hope more betterment in future and take advantage of decentralised social media.Once upon a time social media
Social media on web 3.0 has no doubt becoming a boon for human mankind. Either you want live stream video or sending fund through account on social media ,the lifestyle has got very revolutionary changed .
There was a time when choices was limited and hardly people used to engage online but Internet has absolutely changed the entire concept around the world and provided opportunity to let people connect to each other.
a few days ago i started using somee app which is one of the best user experience on hive blockchain where earning and networking both worked simultanuously.
Now as a user or creator you are given plenty of options to explore yourself in the sea of social platform .
i would like to tell you more about in detail .
if you want to explore browser then go with brave , if you want quick value for your contribution of content then go for steem , hive , blurt, serey,chingari etc
They pay real time money on their platform in the form of cryptocurrency .centralised video content platform like youtube will be soon declared out of date because user not get paid single penny for watching where as Short video platform like Chingari app, chainflix app, cos tv, odesey pays .
Internet still in upgrade mode where 5g going to do revolutionise changes as AI ( Artificial inteligence ) already started impacted our knowledge in more efficient way and other more technology going to jump in soon.
if you remember , 1990 where internet was just in initial frame, the world development was so backward but since 2000 growth structure put serious hike in world economic reformation.
Sending money and receiving money become more easier with less or almost zero transaction fee.
these are all possible because of boom in internet.
Lets hope more betterment in future and take advantage of decentralised social media.$0.72 - Dirty
.
When she's dirty and beautiful at the same time.
.
.
.
.
#overlandinglife #overlanding #overland #volkswagenamarok #amarok #4x4offroad #amarokwayoflife #wegtydskrif #gomagazine #explore #exploreafrica #exploremore #travel #travelbug #travelphotography #travelgram #adventures #roam #roaming #roamwild #iroam #volkswagen #vwamarok #journey #gravelroads #mudlife #mud #sunset #africa #bfgoodrichDirty
.
When she's dirty and beautiful at the same time.
.
.
.
.
#overlandinglife #overlanding #overland #volkswagenamarok #amarok #4x4offroad #amarokwayoflife #wegtydskrif #gomagazine #explore #exploreafrica #exploremore #travel #travelbug #travelphotography #travelgram #adventures #roam #roaming #roamwild #iroam #volkswagen #vwamarok #journey #gravelroads #mudlife #mud #sunset #africa #bfgoodrich$0.62
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