OSL Trader View — 11 July 2019

SJ Oh
3 min readJul 11, 2019

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Nouriel Roubini should have a look at this list. He repeatedly mentioned 43 projects and billions of dollars later, Mastercard and co. decided there were zero use cases for Blockchain that came out of the studies. Goldman Sachs is also on the front foot looking for talent to facilitate comprehensive road maps for distributed ledger technology” that will “play an integral role in helping define both the scope and direction of the business.” while Visa has allocated 20% of investments YTD into crypto. Perhaps three companies is not an adequate sample size Nouriel Roubini.

Two months after the $1bn raise in two weeks, $LEO is still a whopping 45% up vs. subscription px but the allegations from NYs Attorney General office continue as they fight back on the company’s motion to dismiss case. Metropolitan Bank has joined as they ask the company to shut down three accounts (ether Holdings LTD, iFinex Inc, and Digfinex Inc) open with them.

The weakness was compounded by OKex yet to resume deposits of the token after suspending them 15th June due to a delay in the upgrade.

Binance Coin ($BNB) has also been on the downtick ahead 16mn BNB being released from lockup for employee holdings next Monday (15th).

  • Uncle Sam increasingly looking like the deep state as the IRS plans to “to interview family and friends, search through social media posts, and issue subpoenas to ensure people pay taxes on their Bitcoin”
  • Russian parliament state Duma delays verdict on the legality of crypto as a payment rail to Autumn session as they miss guided end-June deadline.
  • Bittrex’s 41 delistings have hurt price action and alt-coin sentiment.
  • Telegrams $GRAM sales kick off at Liquid.com yesterday, no details available.
  • LG Corp files “ThinQWallet” trademark with the United States Patent and Trademark Office (USPTO) for “issuance of cyber money” et al.
  • ECB will not add BTC as a reserve asset
  • US Congressman Tom Emmer attempt to safe harbor American taxpayers from hard forked tokens
  • Turkey guides for CBDC launch by 2023
  • Omar Reyes request to issue an ERC-20 to fund his congressional campaign approved.
  • SEC & FINRA’s comments re VASPs becoming broker-dealers

May the trend be your friend… Happy trading!

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SJ Oh
SJ Oh

Written by SJ Oh

Common Base CEO, pow.re co-founder. the strait jacket has been removed

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