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Now Robinhood received a Wells notice from the SEC. I liked how the lawyers put it, saying it looks like the SEC is carpet bombing the crypto market. True, the market doesn't react as negatively to such news anymore, but we shouldn't underestimate its impact. It will definitely hold back the alts. Given the pace things are picking up, I think we'll see a few more big news stories like this. On one hand, it's a hit to the alts, but on the other, it supports BTC dominance. Even though the whole market gets shaken up, I think btc dominance will continue to rise, potentially reaching around 56-65%. By the way, just recently, in January 2021, the dominance was at 70%, and it could easily happen again with the way things are unfolding...

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The Wolf Of Few Streets
Now Robinhood received a Wells notice from the SEC. I liked how the lawyers put it, saying it looks like the SEC is carpet bombing the crypto market. True, the market doesn't react as negatively to such news anymore, but we shouldn't underestimate its impact. It will definitely hold back the alts. Given the pace things are picking up, I think we'll see a few more big news stories like this. On one hand, it's a hit to the alts, but on the other, it supports BTC dominance. Even though the whole market gets shaken up, I think btc dominance will continue to rise, potentially reaching around 56-65%. By the way, just recently, in January 2021, the dominance was at 70%, and it could easily happen again with the way things are unfolding...

≈≡≈≡≈≡≈≡≈≡≈≡≈≡≈≡≈≡≈≡≈≡
Join my TRADING CHANNELS
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Telegram Gives Up On Crypto Blockchain Project

Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durov’s cryptocurrency idea lost steam because of a U.S. court. “The technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,” he wrote on his channel. “Unfortunately, a U.S. court stopped TON from happening.”

Now Robinhood received a Wells notice from the SEC. I liked how the lawyers put it

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