After the TikTok appearance in Congress I do not think the current administration will have the political capital to do anything but ban TikTok. The proposed deal to have TikTok sold from it's Chinese owner seems unlikely after Beijing declined it and also after the CEO got grilled in Congress and did not offer any answers to ease politicians concern the the CCP...
Big dip of about 16% trading today 9/15/22.
Basically potential for stock dilution
Potentially 105,000,000 (Yes millions) new shares for the insiders (Staff, Executives etc)
50% of 105M shares (52.5M) would only be released if $Rum trades above $15 dollars for a 20-day period within a 30-day period.
The other 52.5 Million shares would be distributed if $RUM...
I apologize for my last chart as I did it from a cell phone. Here we can see a clear sign of a Bear Ribbon/Pennant forming to indicate a continued trend. Usually pointing to halfway through a drop.
With the FED finally lowering its balance sheet, China's Economy is now mainstream news, Global Bond Yield surging, S&Ps report on the economy, and it's still getting...
With all of the countries now banned from the gate.io platform i can only assume this will disrupt the market as many will have to close positions on future derivatives, margine, and spot , as instructed to remove funds from the exchange. Anyone in the restricted countries will have there account terminated by the end of april if they do not confirm KYC in...
