With Binance being sued by the SEC for several violations and the SEC declaring 10 main cryptocurrencies as securities the sector is poised to suffer considerably. 
BTC is already down by 6% on this news and the situation is going to worsen in the coming days. The political landscape in Washington wants crypto gone. Whether this will succeed or not, it is meant to push all prices down for a considerable period of time. 
COIN is not going to be in a good place as it is involved with most of the tokens below that are now all in trouble.
Alleged securities:
SOL
ADA
$CRYPTOCAP:MATIC
$TSX:FIL
ATOM
SAND
$EURONEXT:MANA
ALGO
AXS
COTI
https://whatthefinance.com/newswire/sec-attacks-crypto-allows-banks-to-fail-5410
BTC is already down by 6% on this news and the situation is going to worsen in the coming days. The political landscape in Washington wants crypto gone. Whether this will succeed or not, it is meant to push all prices down for a considerable period of time. COIN is not going to be in a good place as it is involved with most of the tokens below that are now all in trouble. Alleged securities:
SOLADA$CRYPTOCAP:MATIC
$TSX:FIL
ATOMSAND$EURONEXT:MANA
ALGOAXSCOTIhttps://whatthefinance.com/newswire/sec-attacks-crypto-allows-banks-to-fail-5410
Note
Today COIN itself was sued by the SEC for operating its crypto asset trading platform as an unregistered national securities exchange, working as an unregistered broker and clearing agency and for failing to register as a security the offer and sale of its crypto asset staking program.Yet
BTC is up. The plot thickens.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.