When will the coin flip?
News emerged recently that $Coinbase Global, Inc.(COIN)$
However, with the stock overhang due to its legal struggles with the Securities and Exchange Commission, and market uncertainty over the approval by regulator on the first bitcoin exchange-traded fund based on spot prices, I expect bitcoin price to remain subdued and overall market sentiments over cryptocurrencies to be weak.
Hence, I can’t help but remain pessimistic on the short-term prospects of the cryptocurrency exchange, even though I believe that cryptocurrencies have a place in the global economy by virtue of its speedy transactions.
I’ll continue to be on the lookout for the verdict of its legal fight with the SEC and the outcome on the first spot price bitcoin ETF application, before making any move.
@TigerStars @CaptainTiger @TigerWire @MillionaireTiger @TigerEvents
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It will just keep on going up until there will be a good reason for it to go up and once it gets there that is where they will start telling you how good it is and why you need to buy it at all time high from them.
Bitcoin ETF applications have been rejected many times in the past citing Tether fraud and illegal wash trading on Binance to artificially manipulate the bitcoin price. Nothing has changed..
with the amount of KYC that is needing on all CEX now, its not worth using unless buying BTC or ETH spot and derivatives. DEX will continue to be the future
Closed below the daily trade line today after two hard rejections at the 50 day. Maybe go test 200day sma before climbing higher?
$90 is my break even goes up then gives it all up
If you are unlucky to hold this “asset,” get out now, and chalk up the experience to a lesson learned.
Positive development for the crypto. A lot of other countries needs the Bitcoin to protect their depreciating currency.
somethin tells me COIN is trying e'thing to prop itself up.. Let's see how long this lasts. NOT V LONG, imo.
Rally the troops guys. 😂 Go Team Coin. 🚀. 33T must not be high enough (national debt)
Buy now before 150. Easy buy!