Unveiling the Reality of Crypto Anonymity: SEC's Crackdown on Nexo and the Traceability of Large Crypto Trades | TWIC
January 20, 2023
This week, Dave is reflecting on the recent moves of Bitcoin and Ether, and how the cryptocurrency market is responding to news stories such as the Genesis bankruptcy. He shares his insights into the assets' latest uptrend, and he also talks about the following topics:
• The potential upside, Bitcoin and Ethereum could experience if they break the top of their current range and gets closer to the 200-day moving average.
• A brief dive into the macro side with Dave's thoughts on gold, he offers his unique perspective on the topic and how it relates to the crypto market.
• The SEC recently filed a lawsuit against Nexo, a crypto-lending platform, alleging that the company was operating an unregistered securities offering.
• The truth of large crypto trades being traceable. Dave talks about some of the details, in spite of its reputation as an anonymous form of payment, crypto can be traced, and the implications of large crypto trades being traceable.
Join us as we explore these important issues and if you enjoyed this video, don't forget to subscribe to our channel for more information about the latest news and analysis from the world of cryptocurrency and beyond.
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Image source: lookintobitcoin.com