Jyoti💓
@jyoti-777
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📊 The Bitcoin bull market could resume within the next 22 days, based on historical cycles and current data, according to WeRate co-founder Quinten François.
📈 In his observations, the average Bitcoin cycle begins approximately 170 days after the halving, with a peak forming 480 days later. As of September 15, it has been 147 days since the halving.
📉 CryptoQuant CEO Ki Young Ju highlighted $62,000, $55,000, and $43,000 as key levels for Bitcoin. These represent the average coin cost for various groups of investors and serve as important psychological and technical markers. 0 reply
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💥 The U.S. SEC is investigating the NFT marketplace OpenSea.
💬 OpenSea's CEO, Devin Finzer, announced that the company received a notice of investigation from the SEC, in which the agency threatens to sue them. The SEC, as with other crypto platforms, equates NFT transactions to dealings in unregistered securities, which violate U.S. laws.
The notices (commonly known as Wells notices), one of which was received by OpenSea administrators, warn of potential enforcement actions as part of the investigation into the company's activities.
✔️ Similar notices were previously sent to exchanges like Coinbase and Kraken, broker Robinhood, the administrators of the decentralized exchange Uniswap, and the developers of the MetaMask crypto wallet—Consensys.
OpenSea is one of the first and largest players in the NFT market. Following the news of the SEC investigation, the tokens of the largest NFT marketplace Blur (BLUR) and the NFT market aggregator Tensor (TNSR) reacted with a decline. 0 reply
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