Post by
arh0070 on Jul 18, 2022 9:12am
Cryptos
Cryptos all doing better today with Ethe up 10%.
Let's hope BNXA survives and wasn't involved in any of the leveraged transactions that brought down Celsius and Voyg .
It would be nice if BNXA would put out a statement to that effect ,report on thier cash balance and whether they are having to draw upon thier credit facilities.this would give shareholders more clarity and confidence as to thier future in this Crypto bear market.
Bear markets all end sometime and that would be the time to buy when thier is light at the end of the tunnel.I might even buy back myself as it would appear to be cheap at these levels.
The greyscale trusts are trading at incredible discounts to net asset value right now .Hard to bottom fish but Grayscale BTC trust is at more than 30% discount .If thier lawsuit against the SEC is successful to convert to an open ended trust then that would result in a 30% profit right away.
The SEC seems to be steadily loosing thier legal case against another Crypto.(XRP)
Sadly the US federal administration is anti capitalist and incompetent and that especially applies to the SEC which is run by an UBER liberal and anti crypto.
Comment by
vladpanka on Jul 18, 2022 4:55pm
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