Mally Mals Investment Hangout

Episode 011 | SEC rains on our parade

Informações:

Sinopse

In this episode, we talk about the unforgiving hand of the Securities Exchange Commission (SEC) as they make a mandatory order for all online platforms trading platforms to register with the agency or else they will become outlawed. Because of this news, Bitcoin fell over 10% in price causing its share price to fall below $10,000 per share. Also, US crypto trading platform Coinbase is set to release the “Dow Jones” of cryptos, which will be an index fund summarizing the crypto economy. Also, to add more of a cutthroat appeal to the crypto world, a well-known Bitcoin whale (investment giant) sells off nearly $400 Million in Bitcoin. Is the reign of Bitcoin really over? Tune in to hear our thoughts!