Gensler In 2021 Said SEC Does Not Have Authority To Regulate Crypto

From May 6, 2021, in front of the House Committee on Financial Services:

You can’t blame the SEC for these kinds of oversights; they only have thousands of employees versus the tens of millions of internet sleuths in crypto.Β 

The Twitter thread from MetaLawMan (a popular crypto attorney) is very informative but do your research and due diligence.Β 

With the war for crypto independence in full swing, traders, investors, and degens alike must treatΒ any information as suspect. πŸ•΅οΈβ€β™‚οΈ

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So. Damn. Close.

Unless you’ve been sleeping off some horrible life decisions from last night, $BTC is insanely close to reaching its prior all-time high. πŸš€

It’s probable that by the time you read this, new all-time highs might already be in.Β 

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One Way To Use Stocktwits’ Social Data Tools

Have you ever heard the phrase ‘volume precedes price’? It’s an old-school technical analysis 101 maxim. For example, if an instrument is in a downtrend but then you start to see volume tick up, the theory is that price will follow the volume. πŸ§‘β€πŸŽ“

It’s what technical analysts call a leading indicatorβ€”a heads-up or a warning that the probability of change is high and that it might happen soon. Analysts and traders might apply that principle (volume precedes price) to the Stocktwits Social Data.Β 

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