Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[AlcoHoDL]

The current 5-min chart looks nice.

[Hamza2424]

The current 5-min chart looks nice.

Hmm, it's Not only nice super classy. Seems now we are heading up. A few good news and developments let's have a look at which level they can support BTC in its rally.

[Biodom]

Celsius "Machine"...arrested today.
-> jump in btc and COIN...or just a coincidence, probably.
EDIT: most likely it is the SEC lawsuit summary judgement.

[Hamza2424]

Celsius "Machine"...arrested today.
-> jump in BTC and COIN...or just a coincidence, probably.

More likely not a coincidence at least for now it's not..

[hafiztalha]

US judge rules Ripple $XRP is not a security

In a significant ruling a US judge has declared Ripple XRP as not a security ending a years long legal battle with the SEC. The judge denied the SEC motion against the digital asset and ruled against its claims of XRP being a security. This landmark decision could have far-reaching implications for the cryptocurrency industry as a whole.

Read Out More Details about this

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

if someone is interested, today's lawsuit verdict is not as simple as win-lose. Linky is from reddit.
https://www.dropbox.com/scl/fi/bk1n1qn1tgscrcrrfldr8/SEC-v.-Ripple-Ruling-on-Motions-for-Summary-Judgment.pdf?dl=0&rlkey=cjyfdw5rl58diqxyi3qfgix7s

It's mixed, and, btw, if VB token ever did institutional sales (most likely it did not), it could be also in trouble as court said that institutional, but not programmatic and secondary sales, are securities.

[cygan]

[Hueristic]

US judge rules Ripple $XRP is not a security

In a significant ruling a US judge has declared Ripple XRP as not a security ending a years long legal battle with the SEC. The judge denied the SEC motion against the digital asset and ruled against its claims of XRP being a security. This landmark decision could have far-reaching implications for the cryptocurrency industry as a whole.

Read Out More Details about this

(Reuters) -U.S. District Judge Analisa Torres said Ripple Labs Inc’s institutional sales of its XRP digital token violated federal law because they constituted the unregistered offer and sale of investment contracts, according to a ruling on Thursday.

The SEC had accused the company and its current and former chief executives of conducting a $1.3 billion unregistered securities offering by selling XRP, which Ripple's founders created in 2012.

Torres, who is based in New York, said the company's $728.9 million of XRP sales to hedge funds and other institutional buyers amounted to unregistered sales of securities. However, Torres said the case must go to trial so a jury can decide other aspects of the SEC's claims.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Out of mind]

WO thread back being the source for corn observing.

We're now BTC$31329 📈
Let's eat corn 🌽

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ivomm]

Europe’s first bitcoin ETF set to launch after 12-month delay
https://www.ft.com/content/1d1de06a-a904-4db3-9017-4c061bd6854d

Meahwhile SEC is protecting customers in US.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OgNasty]

Looks like we have a breakout on our hands. After a couple weeks of straight sideways even this little move upward of a couple percent seems significant. It seems pretty clear now that $16K was the bottom and the train is starting up to get ready to leave the station. I wouldn’t want to be on the sidelines right now.

[darkangel11]

Pretty nice liftoff if you ask me.

https://www.youtube.com/watch?v=c9qSGETxlkY

[Out of mind]

Looks like we have a breakout on our hands. After a couple weeks of straight sideways even this little move upward of a couple percent seems significant. It seems pretty clear now that $16K was the bottom and the train is starting up to get ready to leave the station. I wouldn’t want to be on the sidelines right now.

!yeh!!
We may be able to leave $35k this week as the bulls have started.
Right now we are racing to touch $32k and we will see that very soon.
HoDL HøDL HöDL BTCBTC

[OgNasty]

Some more market news. It looks like with Ripple winning their court case that Coinbase decided to immediately bring back XRP listings on their exchange. I didn’t think that Coinbase was team Ripple so I find this slightly surprising, but less so when you see that Coinbase is complaining about regulators. Seems like they’re poking the bear a bit.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Out of mind]

Pretty nice liftoff if you ask me.

https://www.youtube.com/watch?v=c9qSGETxlkY

Up,,,,,,,!!
Boom,,,,!!! 💥
⬆️⬆️🐂