texscience.org – Bitcoin and Science

-The SEC has brought 127 crypto-related enforcement actions since 2013, with 2021 and 2022 seeing a significant surge in the number of such cases.
-The total monetary penalties across settlements with the regulator reached $2.61 billion by the end of last year.
-The SEC has come under heavy criticism for its tendency to take action after events that cause losses to the public.

The U.S. Securities and Exchange Commission (SEC) has taken a firm stance in its enforcement of the crypto space, having brought 127 crypto-related enforcement actions since 2013. 2021 and 2022 saw a significant surge in the number of such cases, with 30 of them in 2022 representing a 50% increase from 2021. The total monetary penalties across settlements with the regulator reached a staggering $2.61 billion by the end of last year.

The SEC’s first crypto-related enforcement action was in July 2013 and has since taken a variety of measures against different projects and exchanges. Most recently, the agency filed charges against crypto platforms Gemini and Genesis, drawing heavy criticism from the industry.

The SEC has been accused of having a tendency to take action after events that cause losses to the public, instead of having clear regulations that would protect investors and traders. This has led to the term “regulation by enforcement”, with many arguing that the SEC has not done enough to create a regulatory framework that provides clarity.

The SEC’s lack of clear regulations has been a source of frustration for many in the crypto space, who are now looking to the Biden administration for much-needed guidance. However, with the SEC’s current focus on enforcement, it is unlikely that we will see any major regulatory changes in the near future. The agency has made it clear that it will continue to take action against those who violate the law, and it is up to the industry to ensure that it is compliant with the existing regulations.

• Metacade (MCADE), XRP, and Tron price predictions are now turning bullish.
• MCADE could reach $1 during 2023, which would be a massive 50x gain after the presale.
• After the Bitcoin halving event and into 2025, MCADE has the potential to reach $5-7 when the next bull market comes around.

The crypto market is an unpredictable landscape with its highs and lows, often leaving investors and traders alike speculating about the future of their investments. With the upcoming Bitcoin halving event in 2024, many investors are turning their eyes towards the potential growth of certain cryptos in the next few years. Metacade (MCADE), XRP, and Tron are three such cryptos that have seen a surge in interest as of late, with investors speculating that they could reach high prices in the near future.

Metacade (MCADE) in particular has seen a huge increase in activity recently, with the project raising over $1.9 million in its recent stage 1 presale. This has caused many to speculate that MCADE will skyrocket in 2023, with predictions that the token could reach $1 in value. This would represent a massive 50x gain from its current presale price.

As for 2025, many investors are expecting MCADE to reach upwards of $5-7 when the bull market kicks in. This is due to the fact that Metacade is building the biggest arcade on the blockchain and will offer a range of different play-to-earn (P2E) games. Users will be able to compete in online tournaments against players from all over the world and will benefit from a variety of innovative earning mechanics in the Metacade.

The same is true for XRP and Tron, with both cryptos seeing increased interest due to their potential for growth in the near future. XRP is currently trading at around $0.45, but many analysts expect this to rise to $1 in the next few years as the crypto is adopted by more and more businesses. Similarly, Tron is expected to reach $2.50 by 2025, which is a huge increase from its current price of $0.07.

Overall, the crypto market is an unpredictable landscape and there is no way to guarantee success. That being said, Metacade (MCADE), XRP, and Tron all seem to be good bets for the future and could potentially reach high prices in the next few years.

• Cryptocurrencies had a strong week as investors reacted to the FTX bankruptcy proceedings and the latest American inflation data.
• This crypto price prediction will look at what to expect with AGIX, Aptos, and MULTI. AGIX is the native token for SingularityNet, a relatively small but fast-growing AI platform built on Cardano.
• As AGIX rose, it moved above the important resistance point at $0.072, the highest point on December 13.

The past week has been a roller coaster for the cryptocurrency markets. Investors reacted to the FTX bankruptcy proceedings and the latest American inflation data, causing wild swings in the price of many digital assets. This article will focus on the price predictions for three specific tokens: AGIX, Aptos, and MULTI.

AGIX is the native token for SingularityNet, a relatively small but quickly growing AI platform built on the Cardano blockchain. The token surged to a high of $0.130 this week, the highest point since October 14 and an increase of more than 253% from the lowest point in 2022. The reasons for this increase are unclear, but it is likely due to the fact that it was in sync with other AI-focused coins.

On the daily chart, AGIX went parabolic this week. It moved above the important resistance point at $0.072, the highest point on December 13. Moreover, all the moving averages were breached and the token is now approaching the important resistance point at $0.136. The Relative Strength Index (RSI) and the MACD have also surged, suggesting that a major pullback could happen soon. If this does occur, the next key support level to watch will be at $0.10, about 25% below the current level.

Aptos is the native token for the Aptos network, a blockchain-powered platform for cross-border payments. This week, Aptos has seen a steady rise, with the token reaching a high of $0.086, a jump of more than 40% from the lowest point in 2022. On the daily chart, Aptos has been trending up and is now approaching the important resistance point at $0.097. However, both the RSI and the MACD are in the bearish region, indicating that the token could be headed for a correction. If this happens, the next key support level to watch will be at $0.072.

Finally, MULTI is the native token for the MultiChain platform, a blockchain-based platform for decentralized applications and smart contracts. This week, MULTI has seen a steady rise, reaching a high of $0.034, a jump of more than 30% from the lowest point in 2022. On the daily chart, the token has been trending up and is now approaching the important resistance point at $0.038. The RSI and the MACD are both in the bullish region, suggesting that the token could move higher in the coming days. If this happens, the next key resistance level to watch will be at $0.046.

Overall, the cryptocurrency markets had a strong week, with many tokens seeing significant gains. AGIX, Aptos, and MULTI were all affected by this rally, though they all still have different levels of support and resistance that will be important to watch in the coming days. As always, investors should do their own research before making any investment decisions.

• The US Securities and Exchange Commission (SEC) has filed charges against Gemini and Genesis accusing the two of selling unregistered securities through the Gemini Earn product.
• Gemini introduced the Gemini Earn product in February 2021 and the product ran until January 8 2022.
• At the same time, Gemini had a partnership with Genesis, which is a subsidiary of Digital Currency Group (DCG). The partnership allowed Gemini customers to earn yield by lending their crypto assets to Genesis.

The US Securities and Exchange Commission (SEC) has filed charges against the cryptocurrency exchanges Gemini and Genesis, accusing them of selling unregistered securities through their joint product Gemini Earn.

Gemini Earn is a digital asset lending platform that was introduced by Gemini in February 2021. The product allowed Gemini customers to lend their crypto assets to Genesis and earn yield on the deposited assets. Unfortunately, the SEC believes that the two firms misrepresented their business model by advertising returns of up to 8% to clients without first registering the partnership as a lending partnership with the relevant authorities.

Moreover, Genesis found itself in turmoil after the FTX’s collapse and eventually had to pause withdrawals due to liquidity issues. This further added to the SEC’s suspicions that Gemini and Genesis were not following the proper regulations for a lending partnership.

In addition, the SEC has also accused Gemini and Genesis of failing to properly disclose the risks associated with the lending partnership. The SEC believes that Gemini and Genesis should have provided investors with more information about the risks associated with lending their crypto assets and the fact that the partnership was not registered with the SEC.

The SEC has now filed charges against the two companies and is seeking to impose fines and other sanctions. It remains to be seen how this case will play out, but it is clear that the SEC is taking a hard line on unregistered securities and making sure that all companies adhere to the relevant regulations.

• Cryptocurrencies had a strong week as investors reacted to the FTX bankruptcy proceedings and the latest American inflation data.
• This crypto price prediction will look at what to expect with AGIX, Aptos, and MULTI.
• AGIX is the native token for SingularityNet, a relatively small but fast-growing AI platform built on Cardano.

This week saw a surge in the cryptocurrency market, driven by news of the FTX bankruptcy proceedings and the latest American inflation data. Investors have been reacting strongly to the developments, with many tokens experiencing a significant jump in price. Notably, the AGIX, Aptos, and MULTI tokens have all been performing well and are expected to continue doing so in the near future.

The AGIX token is the native token for SingularityNet, a relatively small but rapidly growing AI platform built on Cardano. After seeing a significant surge this week, the token has now reached its highest point since October 14. The token has increased by more than 253% from its lowest point in 2022. The cause of the surge is not yet clear, but it is likely due to the fact that other AI-focused coins have been performing well recently.

Looking at the daily chart for AGIX, we can see that the token has gone parabolic this week. It has managed to move above the key resistance point of $0.072, which was the highest point on December 13. The token has also moved above all moving averages and is now approaching the important resistance point at $0.136. The technical indicators, such as the Relative Strength Index (RSI) and the MACD, have also been surging. This suggests that AGIX is likely to experience a major pullback soon. If this happens, the key support level to watch will be at $0.10, which is approximately 25% below the current level.

Aptos is a crypto asset built on the Ethereum blockchain and is designed to be used as a digital currency. The token has seen a significant rise in price recently, rising from its lowest point of $0.03 to its current price of $0.08. The token has also managed to break out of the descending triangle formation that it had been in for some time. This suggests that the token is likely to continue to increase in value in the near future.

Finally, we have MULTI, a decentralized payment platform built on the Ethereum blockchain. The token has been performing well recently and has seen a significant jump in price. It has gone from a low of $0.002 to its current price of $0.009. The token has also moved above all moving averages and is now approaching the important resistance point at $0.012. The technical indicators, such as the RSI and the MACD, have also been surging. This suggests that the token is likely to continue to increase in value in the near future.

Overall, the cryptocurrency market has been performing well recently, largely due to the news of the FTX bankruptcy proceedings and the latest American inflation data. AGIX, Aptos, and MULTI are all performing well and are likely to continue to do so in the near future.

• The price of AGIX, MULTI, and Aptos, three popular cryptocurrencies, has surged over the past week in response to news about the FTX bankruptcy proceedings and American inflation data.
• AGIX, the native token of SingularityNet, has seen the most significant gains, rising from a low of $0.052 to a high of $0.130 this week.
• Oscillators like the RSI and MACD have all surged as the token moved above all moving averages, indicating that a pullback may be imminent, with the next key support level being at $0.10.

Cryptocurrency trading had an exciting week as investors reacted to news about the bankruptcy proceedings of the cryptocurrency exchange FTX, as well as the latest data on American inflation. The FTX announcement that it had found more than $5 billion in liquid assets to be sold off led to a surge in the trading price of many popular cryptocurrencies. Additionally, the data that showed a cooling in American inflation caused further gains in the prices of these assets.

One of the tokens that saw significant gains this week was AGIX, the native token of the AI platform SingularityNet. AGIX has jumped by more than 253% from its lowest point in 2022 and reached a high of $0.130 this week, the highest point since October 14. The reason for the surge is unclear, but likely it is in sync with other AI-focused coins.

Turning to the daily chart, we can see that the token had a parabolic rise as it moved above the important resistance point at $0.072. Additionally, it moved above all the moving averages and is now approaching the important resistance point at $0.136. The technical indicators like the Relative Strength Index (RSI) and the MACD have all surged as well, indicating that a pullback may be imminent. If this happens, the next key support level to watch will be at $0.10, which is about 25% below the current level.

Apart from AGIX, two other popular cryptocurrencies also had strong weeks. MULTI, the native token of MultiVAC, had a strong week as it rose by more than 15% from the start of the week. The token is now trading at a price of about $0.38, and the next key support level to watch is at $0.32.

Aptos, the native token of the Aptos Network, also had a strong week. The token rose by more than 20% from the start of the week and is now trading at a price of about $2.30. The next key support level to watch is at $1.80.

Overall, the prices of AGIX, MULTI, and Aptos have been surging over the past week in response to news about the FTX bankruptcy proceedings and American inflation data. However, the technical indicators suggest that a pullback may be imminent. Investors should monitor the price movements of these tokens closely in the coming days and weeks to determine whether a pullback is indeed in the cards.

• Bloomberg report projects bullish Bitcoin in 2023, with a potential slide to $12,000 or $10,000 and a strong recovery.
• Analysts bank on recession dynamics and central banks‘ actions as bull triggers.
• Bitcoin will be seen as a digital version of gold and start performing like US long-dated treasury bonds and metal.

The global economic situation has been a cause for uncertainty and worry in recent times, with many industry experts predicting a recession in 2023. In light of this, Bloomberg analysts have released an outlook on Bitcoin and cryptocurrencies, predicting a bullish future for Bitcoin in the face of a potential recession.

The report states that while Bitcoin could slide to as low as $12,000 or $10,000 in the event of an economic downturn, it will eventually recover and rally. This prediction is based on the idea that in a deflationary environment, central banks will be forced to take a more accommodative stance, which will boost Bitcoin’s use case as a digital version of gold.

The analysts point out that in such a scenario, Bitcoin will start to behave like US long-dated treasury bonds and metal, which will be a bullish factor for the cryptocurrency. They also highlight policy easing as a key bullish trigger and suggest that it could be the catalyst that helps Bitcoin’s price reach a new all-time high of $19,000.

The Bloomberg report has provided a glimmer of hope for investors who have been uneasy about the future of the cryptocurrency market in the face of an economic downturn. With the analysts’ predictions, Bitcoin could potentially be one of the few assets to benefit from a recession, and if their outlook comes to fruition, investors may be in for a profitable year.

• Binance (BNB/USD) traded at $274 on Tuesday, slowing from a monthly high of $282 the previous day.
• BNB buyers would be delighted about how far the cryptocurrency has come since Binance began to be adversely mentioned.
• US federal prosecutors have started to investigate the crypto exchange, reportedly being probed for violations of the US Bank Secrecy Act.

Binance (BNB/USD) traded at $274 on Tuesday, slowing from a monthly high of $282 the previous day. This marks a marked recovery from a low of $220 in mid-Dec, when the cryptocurrency found itself weighed by adverse publicity. BNB buyers have been delighted with the progress made by the coin since then, and have been rewarded with a return to safety above $266.

This crucial support level had been lost in the midst of the crash, with fears of further downside for BNB at the time. However, relentless buying has seen BNB recover to the level which now supports the price. The latest cryptocurrency news, however, suggests that US federal prosecutors have started to investigate the crypto exchange.

According to reports, several American firms have been issued subpoenas for their communications with Binance. The exchange is reportedly being probed for violations of the US Bank Secrecy Act, which mandates financial entities to verify their clients in a bid to curb money laundering. BNB price is yet to react to the potential litigation, but the recovery above $266 support sets the coin up for a possible climb to the next resistance at $295.

The current price of BNB is encouraging for those who were worried about the future of the coin after the collapse of FTX. This is particularly because the coin has been able to regain the crucial support at $266, which keeps it stable. It remains to be seen how the investigation into Binance will pan out and how it will affect the price of BNB in the future. But for now, BNB is back to safety above $266 and buyers are now aiming for the next resistance at $295.