The US Government’s Involvement in Cryptocurrency Could Impact the Market and it May Be Coming Sooner than You Think
I have an excellent swing opportunity/value play on the NASDAQ exchange. This report will be ready Monday 9/20/21 just before the open.
Good day everyone,
There are discussions in the US Congress right now regarding the future of crypto currency with testimony being given by Facebook regarding its upcoming leap into the fray with its own digital wallet named Novi and their crypto currency called Diem. A lot of the current discussion regards consumer protections and regulations that may contribute to crypto currencies being an asset class.
It may be that the Congress has a couple underlying concerns like, how do we keep crypto currency from undermining the integrity of the US dollar, and how can we tax crypto transactions. If you are invested in crypto currency, or are interested in developments in the sector, we urge you to follow these congressional discussions. The results could greatly impact the crypto currency status quo.
As food for thought, I want to repeat a statement from a recent article published by Barron’s:
“For the first time in more than a century, the dollar’s supremacy is being challenged. The rise of cryptocurrencies and “stablecoins” has spurred a rethinking of what a currency is, who regulates it, and what it means when it’s no longer controlled by a national government. The dollar itself may be getting an overhaul, transformed into a digital currency that can travel instantly around the world, holding up against Bitcoin or any other token.”
We are developing a report on a small cap NASDAQ company that looks like an amazing swing opportunity and long term value. The shares look to be oversold and the chart set up looks ready for a bounce. We like this company’s modest share structure and strong balance sheet. This company has no debt.
This year the company has been branching out into multiple potential verticals in technology, creating a scenario whereby catalysts and milestones are beginning to line up. I believe this company has blockbuster potential given the many attributes it exhibits.
Stay tuned and stay informed. We will release this report on Monday, September 20, 2021, at market open.
The Traders News Group
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