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Boxcorrer

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I have touched grass.
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Chairman of the Commodity Futures Trading Commission (CFTC) Rostin Behnam, said that according to an Illinois court ruling #BTC and #ETH are classified as digital commodities. He also noted that 70-80 per cent of assets in the crypto market are not securities.
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I just completed "Scroll Campaign: Welcome" on Layer3 - https://app.layer3.xyz/quests/scroll-campaign-welcome
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#russiaisaterroriststate
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I just completed "W2: Linus" on Layer3 - https://app.layer3.xyz/quests/w2-linus
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I just completed "W2: Satoshi Universe" on Layer3 - https://app.layer3.xyz/quests/w2-satoshi-universe
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And we go again☄️
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And this is the actual list of #MtGOX transactions for the last month. There are no payments to clients. #BTC is rotated through internal wallets and the only amount that could be sold is the transfer of 1545 #bitcoin to the #Bitbank exchange. However, a similar amount returned to the exchange's wallet today and the balance has not changed. The #Blockchain is good in that it is transparent to observation, but In reality few people verify transactions. Most people just believe the headlines and hype in the media and social networks.
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So according to Arkham (And most of the media and Twitter feeds were a link to their platform) the #MtGox balance since May has not changed and is 141,690 #BTC. The liquidator has opened a few new Wallets and there have been a lot of internal transactions, but no payouts yet. I remember last year the balance was over 144,000 #bitcoin. If this statistic is true, then someone is stoking fears, as it was before, about the BTC overhang from this closed 10 years ago exchange. On the other hand - it's already a fact that there will be payouts and of course this will put pressure on the price. However, so far the #FUD on BTC sales from the German government and from Mt.Gox has just been used to explain the dump but not the real reason for it. Cheers
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Anyone who is as active as a bee during the day, as strong as an ox, as hard as a horse and comes home in the evening tired as a dog, should consult a veterinarian, there is a good chance that he is a donkey. Chinese folk proverb.
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#do not be afraid
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I don’t care I’m continue buying crypto!
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132,677 traders have had their positions liquidated in the last 24 hours. The total amount is over $380,000,000 and 90% of these positions are long. The largest single order that was forcibly closed and updated by 15The largest single order that was forcibly closed and updated by $18.48 million on #ETH on the #binance exchange. Excellent profits were made by exchanges and MM on MTGOX FUD. At the same time, there have been no payments and corresponding sales from #MtGox so far. This is the seventh or eighth case in my memory. Well, you can't make that much on commissions, and by the way, this income is unlikely to be put on the balance sheet. I think there is some symbolism in the fact that on the 4th of July - the US Independence Day - big players from Asia arranged such a #DUMP on the crypto market. Major financial markets in the US are closed, no demand, no bitcoin #ETF trading.
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More and more countries are starting to lower rates, due to the threat of recession and the heavy burden on business. For example, Brazil and Mexico have lowered rates despite inflation rates above 6%. The highest rates are still in Argentina at 40% and Turkey at 50%. However, Argentina's inflation rate is much higher at 275%, while Turkey's inflation rate has fallen to 75% year-on-year. The lowest rates are still in Japan and are held at 0.05%. And the lowest inflation rate according to official statistics in China is around zero. However, the reliability of these data is difficult to verify Many data points to a high probability of massive business bankruptcies near the end of the year if rates do not start to fall. But politicians are mostly more concerned about inflationary pressures on consumers, especially with elections in many countries this year. And populist measures without serious reforms in the economy lead to a situation like Argentina and Venezuela
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Where will we see the price of BTC once governments start selling theirs? The US government has many different confiscated crypto assets on its balance sheet. Their current value is $13.429 billion. Three hours ago they sent 3,940 BTC (about $240,000,000) to #Coinbase. The amount is quite large and we see that Bitcoin is falling. At the same time, support at $60,600 is still strong. Buying activity is visible. Downward pressure is also possible, but such activity from the bulls indicates demand at these levels. The German government also continues to send #BTC to exchanges, but in much smaller amounts. I think that #Bitcoin will remain in the range of $59,200-$62,500 until the release of important data in the US tomorrow.
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