Genesis Vision is the platform for the private trust management market, built on Blockchain technology and Smart Contracts. We combine exchanges, brokers, traders and investors into a decentralized, open and honest network, making the financial market even more global. Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume. Dec 11, · The big worry among the bitcoin perma-bears is the threat of government ‘making it illegal.’ The latest bogeyman on this front is none other than U.S. Treasury Secretary Steve Mnuchin. Rumors float that he’s considering outlawing ‘self-custody wallets,’ in effect confiscating the private keys of everyone’s cryptos.
Gvt btc marketGVTBTC Charts and Quotes — TradingView
Remember folks capital flows to where it is treated best. And if Mnuchin treats U. Because while this is being discussed at the highest levels of government everyday another major player on Wall St. Even J. However, they see the medium- to longer-term trending in the opposite direction. Morgan is always on the opposite side of gold as a company, admitting that institutional investors are now pushing into bitcoin is significant.
Wall St. Years ago, during the early stages of the gold bull market Jim Sinclair warned all of us budding gold bulls that the very people today who are making your life miserable in gold, suppressing the price and playing their games, will be the very people who make the most money off the gold bull market.
With the evolution of the cryptocurrency market into a safe-haven asset capable of absorbing billions in inflows, Wall St. And Mnuchin will not be allowed to kill that golden goose too quickly. It was just meant to spew a little CO2 on this electrical fire and slow it down help keep things from getting out of control. One last point about all of this, the DeFi market today is quickly becoming the new junk bond market.
They can slow it down, scare people off, but after more than a decade of zero return on capital, something has to give. DeFi may take Ethereum to levels which will likely break it once the next wave of investors come into the space. Governments are always fighting the last war, while the markets innovate and leave them breathless and confused playing catch up.
So they will not just demonise and criminalise private crypto to chase people out of it, but will also supplant it with………. Once they announce that private crypto is illegal and now only used by criminals and terrorists, and that UBI will be paid in Diems, and you can now only pay your taxes in Diems, how many new buyers for private crypto then? I think the better angle to worry about is a post Carrington event world where there isnt electricity.
I always take the over on government corruption and incompetence. I sold my gld call options in August and bought slv call options in November. I like both gold and bitcoin long term. I figure oil was in a bear market from the top in till the bottom in If that true, a commodities bull market has started and precious metals will lead it. I think cost-push inflation in commodities is inevitable. They will destroy oil demand and its supply chains over the next ten years if they get their way and the market will be both oversupplied and hard to get to market.
Search for: Search. The MACD is showing bullish divergence and GVTBTC created a double bottom and now is trying to have a breakout from weekly and daily resistance.
Nowadays many coins will pump, nobody knows the exact order, or how high, but we are here to anticipate and predict. Here we have a bullish candlestick pattern, marked with an orange square, and also a Doji marked light blue. Both of these are signals that currently favor a bullish move.
The Doji, when it comes up at the bottom of a trend can be used as a reversal signal Not by itself but together with prices moving GVT is in pretty bad situation. GVT is heading to the sts to retest this bottom area. I also do not believe this zone too much for the long term upside possibility. But I think in this area, there will be considerable buying power and we can make great profit, it can go back up sts from here.