Tortoise Trader💸🐢

There's a regulatory gap in the SEC — A positive outlook for all the ongoing lawsuits in our favor! The infamous speech by SEC's Bill Hinman is now analyzed, revealing concerning facts. Despite warnings from senior SEC officials, Hinman ignored potential confusion and stated that a cryptocurrency becomes non-security when sufficiently decentralized. The SEC's own General Counsel and Head of Trading disagreed, highlighting a regulatory gap and urging adherence to established criteria. Hinman also disregarded advice on mentioning Ethereum. Ripple's legal battle against the SEC relies on this speech. Ripple CEO finds the SEC's actions "unconscionable." #News https://t.me/tortoisetrader

Binance Halts deposits for 10 tokens due to issues 🙀 Binance, the centralized cryptocurrency exchange, has temporarily halted deposits for 10 tokens due to issues with the Multichain bridge project. The affected tokens operate on the BNB Chain and Fantom chains. This decision follows ongoing problems faced by Multichain users, resulting in stuck transactions and a lack of clarity. Rumors of the Multichain team's alleged arrest in China have added to the uncertainty. Crypto projects are responding by withdrawing funds and seeking alternatives. The community awaits clear information while the Multichain team remains silent on the issue. The halted tokens include $AVA-ETH, $SPELL-AVAXC and $FTM-ETH and more... #News https://t.me/tortoisetrader

🐢Important note!! Financial markets are like a forest, if you don't hunt, you will be hunted. 🐺>>>>🐑 https://t.me/tortoisetrader

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What is Bitcoin Dominance and How Does it Affect our Trades and Investments? (1/2) Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total cryptocurrency market capitalization. It is used to spot possible trends in the altcoin market, bull markets, and Bitcoin rallies to identify trading opportunities. At the time of writing (May 1, 2023), Bitcoin dominance is calculated to be 46.8%. It can be calculated by taking Bitcoin's market cap divided by the entire cryptocurrency market cap, giving a percentage value. Factors affecting Bitcoin dominance include Bitcoin's fluctuation in price, altcoins fluctuation in market cap, increase in stablecoin usage, market conditions, and new cryptocurrencies. By understanding the ratio between Bitcoin and altcoins, traders can identify which category has a stronger trend to look for trading opportunities. #Educational https://t.me/coinorso

What is Bitcoin Dominance and How Does it Affect our Trades and Investments? (1/2) Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total cryptocurrency market capitalization. It is used to spot possible trends in the altcoin market, bull markets, and Bitcoin rallies to identify trading opportunities. At the time of writing (May 1, 2023), Bitcoin dominance is calculated to be 46.8%. It can be calculated by taking Bitcoin's market cap divided by the entire cryptocurrency market cap, giving a percentage value. Factors affecting Bitcoin dominance include Bitcoin's fluctuation in price, altcoins fluctuation in market cap, increase in stablecoin usage, market conditions, and new cryptocurrencies. By understanding the ratio between Bitcoin and altcoins, traders can identify which category has a stronger trend to look for trading opportunities. #Educational https://t.me/coinorso

Solana Introduces "State Compression" to Reduce On-chain Storage Costs for NFTs Solana ($SOL) has introduced "state compression" to reduce on-chain storage costs for NFTs. This new solution can lower storage costs by up to 100 times, making NFT minting more affordable for creators. This could be an important feature for NFT creators who face high costs when putting their NFTs on the blockchain. Solana's native cryptocurrency, SOL, was trading at US$20.5 after the announcement. The state compression solution comes as Solana has faced challenges with popular NFT projects leaving the network for Ethereum ($ETH) and Polygon ($MATIC). #News https://t.me/coinorso