XRP And SEC Drama Gives Birth To A New Kind Of Threat Against Cryptocurrency

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Crypto regulation is shown on a business photo using the text

If you are an XRP holder or invested in the crypto market, you will want to pay attention to the drama unfolding between Ripple and the SEC. There have been a few developments over the past few days which highlight the foreseeable end to the groundbreaking case. In 2021 exchanges like Coinbase and other American exchanges had to suspend trading XRP due to the case brought against Ripple by the SEC. 

As of right now, the case seems to be in its final stretches with a loser in sight. It would appear that the SEC had someone overseeing regulations with links to rival tokens. When we think about crypto and the dangers of crypto, we often think about the threat of hacking. Hacking and rug pulls take billions of dollars away from investors each year. I do not think many of us would have ever thought about someone from the SEC engaging in a similar kind of corruption. 

Washington DC, USA – October 12, 2018: United States Securities and Exchange Commission SEC architecture closeup with modern building sign and logo with red flags by glass windows

A group of emails were made public, which warned about a relationship between the former director William Hinman and a group with ties to ETH. The SEC is now talking about a Summary Judgment with Ripple and keeping certain emails private. As an XRP holder, I would love nothing more than to see the information inside the emails. However, if those emails could tank the crypto market, I feel that they should be left private. 

With Biden placing former Ripple adviser Michael Barr to oversee Federal Regulations, it is safe to say Ripple is here to stay. One must wonder what the future has in store for Ripple and XRP in terms of their place in the United States. After this lawsuit ends, will we see anything happen to Hinman? I am leaning towards no. Since we have little to no real regulation regarding cryptocurrency, it would be hard to do anything to Hinman regarding his interference with XRP. 

Science technology concept. Education. EdTech.

Many XRP investors that I hear from want to see a class-action lawsuit against Hinman. However, without regulations in place, it will be hard to establish a line between right and wrong. At the end of the day, the lack of clarity was the weapon that brought down the SEC’s case. This case highlights the need for new regulations that shield crypto investors and those who create currency. Yet, it also highlights the need to be more watchful over those interpreting the laws.

https://financefeeds.com/breaking-ripple-scores-win-as-secs-damning-emails-revealed/

As always, I am not a financial expert. I just like crypto.

Mcontent Shapes The Future Of Film!

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Months ago, I talked to you guys about the Mcontent token! It is really starting to take off, just like I predicted it would! The token is set to change the way productions are handled around the world regarding content exposure. The token will finance content by means of blockchain, and it will also bring in a new way of gaining monetization. Mcontent is a platform that will also help to bring in new directors that might have been overlooked in the past, but now they have a chance to get their content viewed by people from around the world.

Mcontent is the first crypto to tie in crowdfunding and blockchain. Since going public with their film on El Salvador vs The World Bank and informing the public about their upcoming projects, others have followed with plans for similar models. With all the tokens floating around the crypto realm, it has been hard for some individuals to learn about Mcontent. The climb has been a very natural progression, which is yielding positive results. At the current price, almost anyone could enter. With the number of holders increasing daily, it will not stay posted at the 8 zero mark for long.

If I were a betting person, I would say the odds are in Mcontent’s favor to reach a dollar and above! Yes, this means it has the chance to see numbers unheard of for a token with its current circulation. It has a burn feature imbedded in its monetization programming. To top things off, other news platforms have started to take notice of Mcontent. https://finance.yahoo.com/news/worlds-1st-blockchain-nft-backed-190300833.html Yahoo Finance ran an article about Mcontent and some of their partnerships and upcoming films.

 It is a big deal when large companies get involved in any development, so the fact that we are seeing someone like the Gargash Group make deals with Mcontent shows you the potential this token has obtained. For some of us who have been talking about this token for months, we can finally say, our voices will be heard! Now is the time to be researching the token and finding out all the information that an investor needs in order to make the final decision. Mcontent is not a meme token, it is a real function token that will change the way production gets financed in the future. If you are looking for something to research, or something to ask your financial advisor about, ask them about Mcontent. It is doxxed, with a number of productions hitting the screen soon.

As always, I am not a financial advisor. DO YOUR RESEARCH!

The GainingEnigma Makes The Case Of Mcontent.

Etoro And Stocks!

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Photo by Lorenzo on Pexels.com

A lot of people are probably wondering what made Etoro decide to disable their trading for ADA and Tron on the platform. Perhaps, it has something to do with their latest move regarding adding stocks. They are looking to become a publicly-traded company.

There seems to be a lot of stress on companies when they are trying to undergo the process of making the transition from crypto exchange to a publicly-traded company. I do not think it has anything to do with the validity of the projects! It’s just a matter of them trying to dot their I’s and T’s. As for their stock trading feature, I was picked for the beta testing! My results are below.

The process was easy, and it was very informative. The stock feature is located under the discovery tab to the left of the homepage. There are three categories, which are stocks, crypto, and ETFs. The stock feature shows information regarding the credibility of stocks, and it gives you a list of ETFs. Normally, I hate anything that isn’t in a dark page mode, but I liked their layout! If they get the dark feature, I will still use the white background because the visuals are nice. I like their layout more than Robinhood’s layout!

What I found interesting was the way Etoro matches certain stocks with your profile. After I found my favorite company, I clicked purchase, and then I sent the money to my account. There was a bit of a hiccup after I sent the money to my account for the stock. When you are buying crypto, the buy button pretty much ends the transaction.

However, when I clicked on the button to add funds for my stock, it took me to the add funds page, yet it didn’t get the stock! It lets you transfer the funds to your account, but you have to go back and purchase the stock after adding those funds. So, make sure you check your portfolio to see if your transaction was completed. I can now work on my stock portfolio while nursing my cryptocurrency as well.

Before I go! Make sure you are checking out Mcontent! They have a lot of great things coming in the month of December.

As always, not giving financial advice just sharing the skinny!

Can XRP Shape The Beginning Of A Crypto Revolution?

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Photo by Tima Miroshnichenko on Pexels.com

For those of you who have been following XRP and the SEC saga, yesterday was a good day for Ripple. I honestly think the SEC’s lawyer got caught up in a bit of a fib. For anyone who’s ever been to court, you know how pissed off judges get when they catch people in lies. I’ve seen cases pretty much thrown out because of blatant lies. So, the fact that the SEC was kind of caught with their pants down around their knees shows how unprepared they were for the storm XRP bought up on them. According to some of the outlets that have been following XRP, the SEC has a habit of hitting cryptocurrencies with questionable lawsuits. This could be the case that actually brings forth a stronger need for understanding cryptocurrency within our government.

Photo by RODNAE Productions on Pexels

I think a big problem for the people who are heavily associated with stocks and bonds is that they are seeing less than favorable returns. The less money coming into the stock exchange hurts their pockets. We now have options that we didn’t have years ago regarding where we want to put our money. My personal opinion is that the stock market no longer has the glitz and glamour appeal.

We are living in a new age, things are becoming more modernized. Don’t get me wrong I’m not saying the stock market is going to go away, but I am saying the cryptocurrency market is going to be a major driving force in the future.

One of the main things that attracted me to the cryptocurrency market was my ability to trade any time of the day. Not only does it afford people the ability to trade anytime of the day, but I’m able to access currency that’s still in its infancy.

I go back to the article I wrote some months ago about how everything advances. That is the reason you’re seeing the SEC and some congressmen fight cryptocurrency. They are not ready for that advancement, we are talking about people who are in their sixties and seventies. They grew up on fortunes made by stocks.

The SEC was trying to pinch XRP on a law that was written a zillion years ago. Okay maybe it wasn’t written a zillion years ago, but you get my point. How should an old law that has no precedence over cryptocurrency rule cryptocurrency?

I really do believe the SEC versus Ripple case will go down as a standard for the the treatment of cryptocurrencies. At the end of the day, I believe with all my heart the SEC manipulated XRP, and this is why XRP is currently under $2 while other currencies are taking off.

Change doesn’t have to be bad and it’s really exciting when you think about it. Instead of fighting cryptocurrency the government should be welcoming cryptocurrency.

We are living in a post pandemic world, and there will be many changes that will come in the future, due to the pandemic. Currency could very well be one of those changes especially cryptocurrency due to its ability to pass from wallet to wallet without spreading germs.

As always, I’m not a financial advisor! Do not do anything that you think I would do or wouldn’t do. This is your future, talk to an investment professional if you have questions regarding cryptocurrency or stocks and bonds.

PS anyone know anything about planting coconut trees?????