#COMP #Compound $COMP Salut les gars, COMP a brisé la tenda | PROFIT_PILOT sur Binance Square

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#COMP #Compound $COMP 
Salut les gars,
COMP a brisé la tendance baissière et semble bien prendre 66$ et 75$.
Support local à 50$ et 44$.
Restez à l'écoute.

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#XRP $XRP XRP Holders Now.

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#XRP $XRP #Ripple Hey, guys, Court recognizes cryptocurrencies as commodity assets On Wednesday, U.S. Commodity Futures Trading Commission (CFTC) head Rostin Behnam announced that an Illinois court has officially confirmed the status of BTC and ETH as digital commodities under the Commodity Exchange Act. This decision could either change the world of cryptocurrencies or throw it into regulatory confusion. This approach contradicts the opinion of Gary Gensler, head of the US Securities and Exchange Commission (SEC), who previously recognized only bitcoin as a commodity and wanted to classify the other tokens as securities. SEC and CFTC standoff. Last year, Gensler's stance led to sweeping actions against major cryptocurrency companies such as Binance, Coinbase (NASDAQ:COIN), Ripple, and Uniswap Labs. The SEC argued that many of the tokens being offered are securities under the Howey test and require stricter regulation. This stance by the CFTC will give Ripple additional points in the lawsuit, and that's encouraging for investors at this point. Technically, the instrument has approached the important 0.55 zone and is likely to trade in the 0.5-0.55 range for some time. Where it is necessary to watch which way the breakout will be. Given the accumulated shorts in this instrument, if the 0.55 zone is caught, we may see a significant short squeeze. Stay tuned.

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#Altseason #XRP #CFTC Hey, guys, risk on is back in the market, long term or not, we'll see next week. But first we need to understand the reasons. First of all, the US inflation data came out better than expected at 3.0% with a forecast of 3.1%. This brings closer the rate cut in September. Which means cheaper money and as a consequence there was a breakdown in the Russel 2000 stock index, which consists mainly of small capitalization companies that show gains when investors are risk averse and expect to make money on asset growth. Bitcoin and all crypto belongs to the same asset class, so there is a consensus to buy in the cryptocurrency market. The next event to note, which the market saw as a positive for the crypto market, On Wednesday, Rostin Behnam, head of the U.S. Commodity Futures Trading Commission (CFTC), confirmed that an Illinois court officially recognized the status of BTC and ETH as digital commodities under the Commodity Exchange Act. It is this event that is now driving XRP's growth. It should be recalled that at times like this, you should respect your risk profile. Stay tuned.

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#ZEN #Horizen Hey, guys, ZEN successfully worked out a +55% upside scenario, and became one of the best coins that grew against the market. Stay tuned.

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#ETH #ETHETFs $ETH Hey, guys. a quick update on etherium. The instrument expectedly followed the whole market down and tested the 2800-3000 zone. Here the price consolidated and sellers failed to drive the price lower. For some time the price will spend time here, and on the background of launch of trading in spot ETFs the market may start to buy back from this zone. The resistance to watch is 3200 and the key support is 2850. Stay tuned.

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