#$HMSTR Why do it like this? Who is keeping track of this meme, please tell me what will happen next, will there be a decline or will we go up? Should I add more or let it be as it is?
Memes continue to amaze. While the market is correcting, shitcoins are being listed and providing x's.
I’m curious to know your experience; those who trade shitcoins, share your best results in the chat. After all, the notion that memes are just survivor bias or pure luck has long been debunked 🤑
The first reason is the elections in the USA, which will take place tomorrow, November 5th.
There are several opinions circulating online. One of them is based on the possible victory of Trump: if he wins, the market may react with a sharp rise. However, if Trump does not win the presidential race, the crowd believes that a crash awaits us.
Nevertheless, I think not everything is so obvious, and the market may behave differently, contrary to analysts' assumptions.
At the same time, Polymarket users are concerned, who have made large bets on the elections.
For example, a user with the nickname zxgngl has bet a total of $14,200,000 on Trump's victory, and so far, his loss amounts to over 1 million dollars.
The second reason is the decision on the interest rate for November, which the US Federal Reserve will announce on Friday.
The FedWatch index shows a 99.8% probability of a 0.25% rate cut.
What do you think will be the reaction of the BTC price to this?
Now, if the SEC accuses someone of fraud, the defendant has the right to a jury trial in federal court. This rule applies to crypto companies too.
Previously, the SEC could use an internal process presided over by administrative law judges to hear fraud allegations and impose financial penalties.
Now that they have been deprived of this privilege, it will be more difficult for them to put pressure on crypto projects. This is a big victory for the industry)
"Leader" — Nigerian naira (-99%) Euro and dollar lost -73% and -78% respectively
American bitcoin-oriented financial company River calls it "the biggest theft of the 21st century: time and energy of billions of people, pumped out by a money printer"
"Start saving in unprinted currency, save in bitcoin"
🫵 Republicans Patrick McHenry and Thomas Emmer have made a formal request to the SEC regarding the Commission's position on whether crypto airdrops are securities transactions
"The future of the peer-to-peer digital economy cannot be left to the authoritarian whims of Gary Gensler!" - said Tom Emmer 🤌