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SEC Alleges That Bitclout Blockchain Protocol Creator Misdirected $257 Million To Himself
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Why is #bitcoin☀️ crashing? Isn't there an inverse relationship between BTC and USD? The dollar took some hits this week, so I was just wondering. I thought #bitcoin☀️ would be going up now. It also seems like the #FederalReserve is taking too long to consider an interest rate cut. Maybe they will cut too late? Please share your thoughts...
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Citigroup ordered to pay $60 Million Today, July 10, 2024 Today, the #FederalReserve ordered Citigroup to pay a civil money penalty of $60,625,620 for various deficiencies. Citigroup agreed to pay the fine without admitting or denying the allegations. Details of violations are as follows: 1. On October 7, 2020, Citigroup consented to an Order to Cease and Desist issued by the Board of Governors (the “2020 Order”) based on significant ongoing deficiencies in implementation and execution by Citigroup with respect to various areas of risk management and internal controls, including for data quality management and regulatory reporting, compliance risk management, capital planning, and liquidity risk management; 2. On October 7, 2020, Citibank consented to the issuance of a Consent Order by the Office of the Comptroller of the Currency (the “OCC”) to remedy deficiencies in its risk management, internal controls, and data governance and to the assessment of a $400 million civil money penalty (the “OCC Orders”). 3. An examination conducted by the Federal Reserve Bank of New York (“Reserve Bank”) in 2023 found that Citigroup had ongoing deficiencies in data quality management and ineffective compensating controls to mitigate associated risks. 4. An examination conducted by the Reserve Bank in 2023 regarding Citigroup’s remediation efforts related to the 2020 Order (the “2020 Order execution exam”) found that Citigroup’s progress in executing its plan to enhance its data quality management program under paragraph 4 of the 2020 Order, or toward the implementation of appropriate compensating controls has not been adequate.
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Watched #bnb free fall from 13:00 UTC to about 13:20 UTC. Wondering where the end is or where it will rest for a while. Now, seeing this "W" form. I don't know the fancy name for it is... but my simple strategy is to generally buy on the W formation. But, patience is a virtue. Waiting to see what the next two movements are before jumping in. Ideally, a wonderful level of support could form. That may make me buy.... or it could free fall again. But one can't live "wondering"... must take an educated, strategic chance... Will use #PancakeSwap's Prediction for a bet up on the next W.
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I am not an investment expert, but here are a few things I appreciate when trading or using #PancakeSwap's Prediction: 1. Don't force a trade. 2. Follow a strategy where you spot a trend. 3. Trade during that trending period. 4. Don't take more risk than your strategy suggests. 5. Wait it out until you see another trend. You can make good gains being disciplined. Good luck!
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