Crypto Market Daily Update-1 https://link.medium.com/ltnq2Jksrcb
SEC Sues Ripple Over $1.3 Billion ‘Ongoing’ Sale of XRP
The U.S. Securities and Exchange Commission (SEC) has sued Ripple Labs Inc. for alleged violations of investor-protection laws when it sold the third-largest cryptocurrency by market cap, XRP.
The lawsuit is one of the highest-profile SEC actions against a cryptocurrency firm and comes as the regulator’s chairman is preparing to depart at the end of the Trump administration. The SEC charged Ripple CEO Brad Garlinghouse and cofounder Chris Larsen with engaging in an illegal securities offering, saying the company sold over 14.6 billion XRP tokens since 2013, worth over $1.3 billion, in an unregistered offering.
The company dispute the claims and plan to fight the lawsuit. Galinghouse said: “they’re wrong in matter of law and fact.”
The lawsuit revolves around whether XRP is a security that should have been registered with the SEC. As Ripple did not register XRP as a securities offering, the regulator argues investors did not have adequate information, and as such the defendants had an unfair advantage.
The lawsuit alleges:
“Ripple created an information vacuum such that Ripple and the two insiders with the most control over it—Larsen and Garlinghouse—could sell XRP into a market that possessed only the information [the] defendants chose to share about Ripple and XRP.”
XRP, the agency said, has existed almost wholly as a speculative asset and not a currency, with it being marketed and sold as a speculative asset. The regulator wants the defendants to pay back some of their gains and financial penalties, and to prohibit them from selling cryptoasset securities
.. Many videos we told.
TamilBTC Not support XRP
The U.S. Securities and Exchange Commission (SEC) has sued Ripple Labs Inc. for alleged violations of investor-protection laws when it sold the third-largest cryptocurrency by market cap, XRP.
The lawsuit is one of the highest-profile SEC actions against a cryptocurrency firm and comes as the regulator’s chairman is preparing to depart at the end of the Trump administration. The SEC charged Ripple CEO Brad Garlinghouse and cofounder Chris Larsen with engaging in an illegal securities offering, saying the company sold over 14.6 billion XRP tokens since 2013, worth over $1.3 billion, in an unregistered offering.
The company dispute the claims and plan to fight the lawsuit. Galinghouse said: “they’re wrong in matter of law and fact.”
The lawsuit revolves around whether XRP is a security that should have been registered with the SEC. As Ripple did not register XRP as a securities offering, the regulator argues investors did not have adequate information, and as such the defendants had an unfair advantage.
The lawsuit alleges:
“Ripple created an information vacuum such that Ripple and the two insiders with the most control over it—Larsen and Garlinghouse—could sell XRP into a market that possessed only the information [the] defendants chose to share about Ripple and XRP.”
XRP, the agency said, has existed almost wholly as a speculative asset and not a currency, with it being marketed and sold as a speculative asset. The regulator wants the defendants to pay back some of their gains and financial penalties, and to prohibit them from selling cryptoasset securities
.. Many videos we told.
TamilBTC Not support XRP
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Triple bottom-
A triple bottom chart pattern is the opposite of triple top. The triple bottom is formed after a period of downtrend and is formed after the price movement of the coin went lower three times, but found support each time around the same level. After the third bounce off of the support level and than a breakthrough the resistance level, the trend reverse and the price of coin moves higher.
Hope you understand this pattern, look into the chart and try to find out this pattern than wait for the breakthrough and take entry.
Don't afraid from losses because losses are necessary as long as they are associated with a technique to help you learn from them.
Share this with your friends and family. Stay tuned and pin to top our channel.
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A triple bottom chart pattern is the opposite of triple top. The triple bottom is formed after a period of downtrend and is formed after the price movement of the coin went lower three times, but found support each time around the same level. After the third bounce off of the support level and than a breakthrough the resistance level, the trend reverse and the price of coin moves higher.
Hope you understand this pattern, look into the chart and try to find out this pattern than wait for the breakthrough and take entry.
Don't afraid from losses because losses are necessary as long as they are associated with a technique to help you learn from them.
Share this with your friends and family. Stay tuned and pin to top our channel.
yt.vu/+2day
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#EarnWithTamilBTC
Coinmarketcap GRT Learn & Earn Program
📃 Reward: 10 GRT / $5
👥 First 100000 participants
KYC REQUIRED In Binance
📃 How to join?
1. First signup/login here: https://coinmarketcap.com/
2. Signup/login Binance And Copy Referral ID (8 Digit)
3. Open this page: 👉🏻 https://coinmarketcap.com/earn/project/the-graph
Answer Quiz
What is the total supply of GRT tokens?
✅ 10.000.000.000 GRT
What is The Graph?
✅ An indexing protocol for orgainizing blockchain data.
What are subgraphs?
✅ Open APIS that anyone can query
What’s the query language used for Subgraphs?
✅ GraphQL
What do Curators do?
✅ Signal on quality subgraphs by depositing GRT (The Graphs native token) in return for curation shares.
What are Indexers?
✅ Node operators that index data and serve queries.
Why do indexers have to stake GRT?
✅ For economic security so if they misbehave they can be slashed (lose their GRT).
By delegating GRT to Indexers what can you do?
✅ Help secure the network and make sure there are plenty of indexers to serve and process data for the crypto
CoinMarketCap
Cryptocurrency Prices, Charts And Market Capitalizations | CoinMarketCap
Top cryptocurrency prices and charts, listed by market capitalization. Free access to current and historic data for Bitcoin and thousands of altcoins.
#BTC/USD Daily Analytics Update 24th December
- Bitcoin is ready to go lower due to the fact that price is trading between resistance level and support zone during last week and now growing to resistance level, price probably can bounce after that and back to support zone
- To open position only after confirmation and setup which you trade
- Always do your own research before opening positions and always put SL
- Bitcoin is ready to go lower due to the fact that price is trading between resistance level and support zone during last week and now growing to resistance level, price probably can bounce after that and back to support zone
- To open position only after confirmation and setup which you trade
- Always do your own research before opening positions and always put SL
#ETH/USD Daily Analytics Update 24th December
- Ethereum is ready to go higher due to the fact that price is consolidating nearby support zone and probably can bounce, price can back to resistance level
- To open position only after confirmation and setup which you trade
- Always do your own research before opening positions and always put SL
- Ethereum is ready to go higher due to the fact that price is consolidating nearby support zone and probably can bounce, price can back to resistance level
- To open position only after confirmation and setup which you trade
- Always do your own research before opening positions and always put SL
#XAU/USD Daily Analytics Update 24th December
- Gold is ready to go lower due to the fact that price is growing back to resistance level to retest it and probably can bounce, price can go down to support zone
- To open position only after confirmation and setup which you trade
- Always do your own research before opening positions and always put SL
- Gold is ready to go lower due to the fact that price is growing back to resistance level to retest it and probably can bounce, price can go down to support zone
- To open position only after confirmation and setup which you trade
- Always do your own research before opening positions and always put SL
Bitcoin is forming Head & Shoulder (H&S) pattern on 4-hour chart. Bitcoin is trading in a range of $22,400-$23,900 since last week. We will see a breakout either side anytime. Head & Shoulder is a bearish pattern and market rally usually over with it. Bitcoin should test the $19,300-$20,000 zone for further rally. Use stop loss if you long positions open in BTC or alts in USDT pairs.
The next 2 weeks are very crucial for BTC and alts and we will get confirmation which side the market moves. The pattern is invalid if Bitcoin cross the $24,500 resistance.
The next 2 weeks are very crucial for BTC and alts and we will get confirmation which side the market moves. The pattern is invalid if Bitcoin cross the $24,500 resistance.