empty
 
 
03.02.2021 02:13 PM
3R: Ripple, Reddit and Regulators

The rate of Ripple, silver and other stocks continues to increase in the market. However, many retail traders were unable to hold their positions in any of these instruments.

Nevertheless, such a market situation can not be ignored, so Treasury Secretary Janet Yellen announced that she will meet with representatives from SEC, Fed and CFTC on Thursday to discuss the sudden price increase brought by staggering maneuvers of retail traders.

Of course, where this meeting will lead and whether any decisions will be made is not determined yet. What is clear though is that regulators fear systemic risks, so they will discuss the role of hedge funds in the markets, as well as the threat of retail traders.

According to Chris Brankin, CEO of TD Ameritrade Asia, retail investors possess strong power in the markets.

"Similar events recur on a regular basis. But rest assured, regulators will strive to curb volatility and end market manipulation, "Brankin said.

But the cryptocurrency market is unlikely to be affected by regulatory measures. Does this mean that soon, restrictions will be imposed in the stock and commodity markets? We are not sure, but such a scenario could happen in the future.

In the meantime, Ripple is consolidating in a narrow range above 0.3512. 0.3914 will be easier to break than 0.3512. Therefore, the forecasted growth of XRP / USD to 0.4348 is still possible.

This image is no longer relevant

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $5000 más!
    ¡En Noviembre, sorteamos $5000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback