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The farewell message from the SEC Chairman of the USA: the Cryptos field is filled with "bad practitioners."
The chairman of the USA Securities and Exchange Commission, Gary Gensler, stated that Cryptos are a field built on a foundation of "non-compliance", where the influence of market sentiment far exceeds the fundamentals, and most Crypto projects ultimately will not survive.
Bitcoin's Golden Moment: Will It Soar After Trump's Inauguration?
Have we welcomed the altcoin season?
The year 2025 will be an important year. I am very pleased to Share with you our data-driven analysis and market insights.
The cryptocurrency Industry is facing profit squeezes, and USA mining companies are "making ends meet".
It is estimated that in the third quarter of last year, the Average Cost of producing Bitcoin for all miners listed in the USA was $55,950 per coin, a 13% increase from the previous quarter, with an Average Cost of $106,000 including depreciation and stock-based compensation costs. Bitcoin is currently priced at $101,439.1. This means that if the price of Bitcoin does not rise, it may lead to many miners shutting down their machines or going bankrupt.
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XRP and Other Cryptos Are Rising. Bitcoin Price Broke Through $100,000 -- Again
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Jaguar8 : Yes they are POS
Mcsnacks H Tupack OP Jaguar8 : They didn't issue enough shares to drive it down at least. It is trending up so it will still breakout sooner or later.
TheOracleOfBroMaha Mcsnacks H Tupack OP : Is THIS from 12/? A new 9,000,000,000 class A????
Mcsnacks H Tupack OP TheOracleOfBroMaha : But this is a chinese company so there's a conversion rate that they apply as ADS which are individual shares of a foreign company held by a depositary bank.
TheOracleOfBroMaha : I went to college with a Mary Tupac that may be obviously much different than you I’m sure!! but whenever I see your name, I think of her. And that was quite a long time ago. But she was a gem.
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