LiteFinance: The Asian tiger bites the cryptocurrency market | Litefinance After the report on the cyberattack, BTC almost instantly lost 10.27%. Then, the price partially recovered but failed to penetrate the resistance level of $9,600. But the situation once again showed the perspective of trading in graphical analysis. Now the cryptocurrency market is falling again, although the probability of its partial recovery and stabilization after the weekend remains. LiteFinance: The Asian tiger bites the cryptocurrency market | Litefinance SEC continues offensive In November 2017, the cryptocurrency community was shaken by the news: the US tax service won the lawsuit against the cryptocurrency exchange in the case of tax evasion on transactions with Bitcoin.
According to the court's decision,the personal data of wallet users (including identification code, date of birth, transaction data). Transactions carried out in 2013-2015 for amounts greater than 20 thousand US dollars Belize Mobile Number List fall under the disclosure of the information; nearly 15 thousand traders fell under the blow. They tighten the screw in relation to the only cryptocurrency recognized as a financial instrument and regulators. On March 7, SEC (Securities and Exchange Commission) reported that if cryptocurrency exchanges pass trading with tokens, falling under the definition of securities, such platforms must undergo licensing to obtain the status of a stock exchange.
national with the alternative trading system. Analysts believe that Bitcoin's crash on March 7 is a consequence of the SEC's decisions and the cyberattack on Binance. And let's assume a partial recovery of the market, all the news cited above as an example shows that there is little optimism in 2018 in the cryptocurrency market, and it is not worth counting on long-term super profits. Even though expectations of prolonged growth of the entire cryptocurrency market were not justified, it is too early to place a cross on cryptocurrencies. It is necessary to simply take advantage of cardinal changes and change the nature of the strategy.