Cryptocurrency Talk 2

03 Aug 2023 23:29:47
So ed will xrp v sec still be going to court or is it all over now

{Ed033's Note - I think the original xrp v sec case hasn't finished yet

05 Aug 2023 01:13:45
Ok thanks ed

{Ed033's Note - after the original xrp v sec case is over, we can then reevaluate the situation

01 Aug 2023 13:49:08
Hi Supasub,
Do you still think that Starling bank are good to bank with?

01 Aug 2023 14:50:55
They have clamped down on direct payments in and out involving exchanges since around Feb this year (I expect them to change it back at some point like the others do) .
I had no problem going via my Revolut account last night (using Revolut for 1st time yesterday to transfer) to starling and back the other way.
Starling is simple to use and if it were'nt for them applying the brakes on what I do then there would be no need to go via Revolut.

Used the easy transfer link between them and it arrived in literally seconds. I struggled with the Revolut P2P function on Binance (Binance have temporarily made it near impossible to convert to EUR or GBP from what I could see yesterday) but worked it out a lot easier via Coinbase. Coinbase to Revolut to Starling was zero fees too and very quick.
Probably more in depth answer than you needed but had to manage it for the 1st time in a couple of months yesterday.
I expect Starling and a few of the rest of the banks will make it easier again soon because of what's coming.

{Ed033's Note - Thanks Supasub

31 Jul 2023 10:48:43
Ed, what happens if someone tokenises the stock market, real estate/property, including Gold/silver, precious metals etc? The stock market alone is worth something like $89 trillion.
I'm guessing facilitating payments of stock purchases using say XRP or another. BTC and ETH would be far too slow and/or expensive.
Food for thought but if it were to happen we'd be retired and on the other hand potential 1 world global currency.

{Ed033's Note - i think they plan to tokenise most everything. What else can they use at the moment that we know about other than XRP or XLM?

31 Jul 2023 13:46:24
Exactly ed. Makes you wonder. Someone at Wells Fargo today or yesterday has said they expect XRP to be between $100-$500 within 7 months!
Forbes last week pulled an article quickly where someone showed how XRP could hit $59k!
I don't see how else these prices are anywhere near realistic.

31 Jul 2023 14:08:35
Also it makes the timing of the SEC case against Ripple even more suspect. The coinbase and binance cases were brought in the last few months, XRP and nothing else nearly 3 years ago?
If they wanted to inflict most damage on XRP/Ripple then they would have brought the case in the last few months and not when they did.

{Ed033's Note - Right, makes sense. Next year should be good. :)

27 Jul 2023 16:17:10
So xrp is about 0.71 cents per coin. Not long till it hits a dollar I think. 0.60 cents will be the bottom now so hopefully we should see a $1.00 bottom line soon

{Ed033's Note - Sounds good.

27 Jul 2023 19:19:20
Let's hope so ed but once it hits a dollar as a base rate I think it will only go up from there imho

{Ed033's Note - it makes sense that it will. If we see new highs for XRP next year, that's a fantastic start

25 Jul 2023 15:36:40
Don't know why this hasn't been bigger news but very brief but interesting announcement Ref: Swift, R3 and XRP. I only came across this today but it was around 6 days ago just after the decision in the Ripple - SEC case. I believe R3 also uses XDC.

Swift R3 article

The link is Swift- R3, R3 which uses Corda - Corda which uses XRP. I'm guessing this is some sort of ISO20022 implementation which has been pushed back more than once to July 2023 (coincidently, same month as we get the Ripple vs SEC decision). It's only a matter of time to see the rise in XRP.

{Ed033's Note - Thanks Supasub.

27 Jul 2023 15:12:31
Do you Ed or Supasub think the result in the lawsuit so far was a draw in that both sides got what they wanted.

The result in the crap court case would that be seen as a draw as both parties got what they wanted and will the case still goto trial?

{Ed033's Note - No, i think the SEC wanted and outright win. I think Ripple were more than satisfied so far with this case.

The SEC will decide whether to appeal the present decision.

27 Jul 2023 22:48:01
Is this case still going to trial ed or is it over apart from the appeal process.

{Ed033's Note - This case is still ongoing because the Judge hasn't decided on Ripple's early 'institutional' sales. It's likely that this decision will go the SEC's way.

The SEC might appeal this case to a higher court to get the previous decision overturned [The 'XRP is not a security' decision].

28 Jul 2023 20:18:43
A draw? No, imo about 80% in Ripples favour. Without going into too much detail and not knowing what SEC will do next. Its a partial judgement but Torres has stated that XRP is not a security if sold indirectly like on an exchange etc going forward.

The only XRP sales deemed a security would have been pre-2017/2018 sold directly to Ripple's investors. What happens to those? Could they be burned? I hope so but I doubt it. How much will Ripple have to pay for those sales as a penalty on $780 million+ of sales? When XRP is added to the Ripplehub along with BTC, ETH etc how could they be treated differently if BTC is not a security? Is Ripplehub directly selling tokens or is it a secondary market?

We still have a window for settlement but it'll definately be in Ripples favour. Leaving SEC to go after others.
The problem for the SEC if they appeal and lose (which could take years and they probably will lose on appeal as they normally do), it'll set this all as stone in law and they don't want that. They want it to be as messy as possible for everyone so they have a level of control in the crypto banking sector for what's coming.

I expect some sort of settlement but who knows as this could have all been orchestrated from a few years ago as the timing of all this working out as it is seems fishy to me (but then I question everything) . Either way XRP is here to stay and might well be and imo it could be no.1 of crypto going forward underlaying and working with everything going forward including whatever Elon has planned for x.com/twitter. There is a link to Ripple with almost any Bank/financial institution if you search/dig deep enough in the last few years.

{Ed033's Note - Thanks for the informative post.

29 Jul 2023 13:49:42
Just to add, we don't know what's happening with Gensler. He may not be in office in a year or 2 let alone a few years. Someone might come in under different orders. The person who brought the SEC vs Ripple case did so on their very last day in office and went to their ETH leaning company leaving other people to carry the baton.
Who knows what these puppets are instructed to do next by their masters.

{Ed033's Note - Thanks Supasub.

13 Jul 2023 20:44:27
Now we see where XRP can fly to! ??

{Ed033's Note - Yes, good luck to the XRP holders.

23 Jul 2023 02:56:42
Hey so what do u think is going to happen now with price of XRP?

{Ed033's Note - Possibly XRP goes to around $0.60 or just below then from there to a new high next year sometime?

20 Jun 2023 09:42:12
So hinman document release didn't quite get the impact expected but most reports predicting an imminent decision still.

See a few whales have moved some significant quantities of XRP around as well which is interesting.

I see price prediction ranges of 4-27 dollars being banded around after case closes though 27 dollars seems unrealistic to me.

Thoughts?

{Ed033's Note - I'd be happy with $4 XRP if the case closes before the end of this year.

13 Jul 2023 17:06:03
XRP is not a security. More ro follow I expect.

{Ed033's Note - Awesome.

25 May 2023 13:31:27
Just for you ed or anyone else interested (you may already know), Hinman documents to be made public by 13th June.
Do we think they will be made public or will there be a settlement between now and then.
Article today with Brad Garlinghouse saying he expects verdict within weeks, I know we've heard it before but this is the end game now.

{Ed033's Note - i don't know whether this is correct, but i think there is a rumour that somewhere in the Hinman documents, they'd show that when Ethereum and Bitcoin got a pass from the SEC, originally XRP was going to be part of that pass, but then XRP was removed for no good reason. So if true, the SEC was part of the corruption to hold back XRP from that point in time.

It would therefore make perfect sense if the SEC have been trying to stop that Hinman documents from being released all this time, they'd do a deal with Ripple before June 13th to prevent their release.

But who knows as i suspect the SEC think they're above everything so can get away with anything.

25 May 2023 14:17:43
I think the same ed (i think it's something to do with Goldman Sachs too, encouraging the case with their proposed Canton network with microsoft which doesn't have anywhere near coverage of Ripple with banks etc) .

Settlement behind closed doors then the SEC can go after pretty much everyone else including meme coins for their original coin offerings.

Bogging them down with potential 3+ years of litigation and massive legal fee's or register with the SEC which can be 2+ years and about $2 million in fees.

With BTC being slow and expensive to facilitate payments (including ETH) it could crown Ripple/XRP king and clear the way for them.

{Ed033's Note - That makes logical sense and then XRP can find its current true market value, which currently may only be [a hard to believe] $1?

25 May 2023 14:40:38
I really don't know ed for potential market value. I'm hoping $1 is the bottom. I still don't understand why Stellar has a free pass though.

{Ed033's Note - Maybe Stellar is a secret chosen one for the future?

10 Apr 2023 21:35:02
Supasub, I seriously don't know after what Klever have done recently, why the price of KLV is so low?

12 Apr 2023 12:11:57
I don't know ed. There is a lot going on with it at the moment including I think a re-branding of the exchange. Cold storage wallet is now more easily available and I think a lot more upgrades and things going on over these next few months. I'm not on tw***er so I don't see some of the things going on straight away.
It seems like it's on the right track from it's low a few months ago of just 0.0024
It just seems very slow going, I'm still down a lot on it as I've not sold any but I'm still hopeful that we are at the beginning of a much larger climb now, I will be getting more in the next few weeks whilst imo these prices are a still low.

Seems like it's got resistance at 0.007 this last week after some trading which I think was suspended for a few days on the exchange.
Personally I think it should be nearer 0.3 / 0.4 today but the introduction of pretty much the remaining coins put into circulation a few months back hasn't helped leaving a big slack imo going from about 3 billion to nearly 10 billion (with little to no warning) but at least they are all out there now.

They need more marketing now and hopefully at least another 1 big exchange listing soon. If it's any consolation ed, I've not sold any (and I still won't be unless I see anything scary downwards) and I'm nearly at 2 million holding at an average buying price of around 0.035!
People I know are still very optimistic about it and I haven't forgotten about my commitment of $1 by end of 2024? Here's hoping to some sharp upward movements soon.
A recent link attached for anyone else who might be visiting the page at the moment as it is a bit quiet here.

Klever Wallet K5 and Klever Swap 2.0

{Ed033's Note - Thanks Supasub.

21 Mar 2023 14:01:55
Ed, what's Revolut like to use, could I pay from Revolut to say my barclays account? Don't think my starling bank works, only other UK banks I believe I can use are RBS and Nationwide with limityations. Unless you've got another suggestion for just taking some money out. XRP looks like it's moving. Big whale just came in.

{Ed033's Note - Not sure what your goal is?

21 Mar 2023 14:57:23
Just to withdraw fiat ed. Say if I wanted to get out £5k-£10k in one transaction to my bank account, a lot more seems to have closed off that I normally use. What do you think is the best way?

{Ed033's Note - Does coinbase still allow you to convert crypto to GBP to your bank account. Are you meaning withdraw GBP from Binance to Revolut to a bank account?

I think Revolut or wise.com (i've only used wise.com with no problems before) are good options to use.

21 Mar 2023 15:21:15
Yes, that's what i was thinking, coinbase/binance to revolut, then bank account. Just need to set up a revolut account. XRP ed, big whale earlier which I mentioned on the end of my 1st post. Looks like hopefully there is now movement.

{Ed033's Note - Right, XRP could move up significantly ($1 pretty quickly?) as from now.

21 Mar 2023 16:05:27
Yep, I'm thinking 0.44 then around 0.80 onto $1 hopefully in a matter of days.

22 Mar 2023 10:57:28
US fed rate announcement around 6pm UK time, generally the whole market has pulled back days leading up to the announcements over the past year/18 months but it's stayed relatively the same this week.
BTC still hovering above $28k.
I think with the rates staying the same or just a 0.25% hike because of the banks apparently now struggling you'll then see another surge beginning this evening. Fingers crossed.

{Ed033's Note - Thanks Supasub

13 Mar 2023 11:42:08
Iso20022 starts in March article

Looks like swift still looking to start implementation of ISO20022 on March 20th 2023, makes ironic sense with the clamp down on crypto friendly banks in the US

{Ed033's Note - Thanks Supasub.

13 Mar 2023 13:39:13
I know it's from Oct 2022 ed but I don't think anything has changed since that article apart from being pushed back from Nov2022. Is this all one widespread attack on crypto friendly banks and exchanges by the US where possible? I see HSBC has bought the uk arm of SVB for £1? Time to hold imo, be careful and ignore any scaremongering (I normally do anyway).

{Ed033's Note - Ok thanks hold for the moment. Isn't the XRP case over before March 20th?

13 Mar 2023 14:43:35
It should be Ed by the end of this month, at least a judgement, imagine if there is a summary judgement by this Friday and ISO begins implementation on the Monday. The XRP case might go to trial which I think will be a loss for the SEC for a number of reasons. What I think will happen will be that very soon XRP secondary sales (bought on exchanges etc by me, you etc) will be ruled as non securities. XRP sold by ripple direct between 2013 - 2017 might be ruled as securities. A settlement may arise around that so that XRP is deemed not a security going forward but the SEC can still have their little victory for the direct sales between those dates mentioned.

It might be that only XRP are given the non-security status in private, leaving BTC and XRP in the clear, question marks over ETH and most other crypto currency tokens/coins having to register with the SEC at a cost of around $2 million.
Already there are court cases being brought against the SEC to get the Hinman documents made public.

{Ed033's Note - All that makes sense to me.

With the XRP case over in a week or 2, that should spur the Crypto market to maybe double by May 1st ? I'm guessing after that the market comes back down as it normally does after a run up.

13 Mar 2023 15:11:59
Just to add BTC up 18% in the last 24hrs and climbing. Clearly some people/banks/companies not following the memo or the fud.

{Ed033's Note - Maybe there's some frightened 'Elite' type people with lots of money in the Bank, putting money into BTC to try to keep it somewhere.

13 Mar 2023 15:37:31
Yes I think so ed like you say, I think soon we will be out of the worst of this bear market/crypto winter whatever you want to call it, if not already.

14 Mar 2023 13:15:28
A board member from Signature Bank has come out and said they had no liquidity issues but were still shut down anyway lol. This like you alluded to ed might be having the opposite effect to what they wanted to happen.

{Ed033's Note - Pity XRP isn't moving with everything else.

14 Mar 2023 16:59:58
XRP has a slight delay apparently against the other main crypto's whenever it goes up or down (maybe due to the circulating supply). You might see more gain percentage-wise against the others in the next 24hrs-48hrs.

{Ed033's Note - ok thanks.

11 Mar 2023 10:09:00
Dont' trust crypto they say but trust the banks they say. SVB could be the 2nd biggest US bank to collapse. Mainly tech customers in silicone valley I expect but I'm sure it'll be blamed somehow on cryptocurrency by someone in the banking sector. Surely this has something to do with Biden, Gensler or even SBF connected in some way.

{Ed033's Note - They don't like the stable coins i suspect [except Tether?]. USDC lost 12% of its value, and on Monday, we might see what the exact damage will be. BUSD also took a hit as it is part of USDC, but i suspect Binance has the funds to cover the loss to keep BUSD at $1. I don't know much about the situation or stable coins mind.

11 Mar 2023 13:01:04
i forgot to put that SVB Bank holds several billion dollars backing USDC.

11 Mar 2023 13:50:17
It's strange ed as again Blackrock is involved with Circle and USDC as far as I'm aware. Also Coinbase involved with USDC. It's hard to work out whether it's Blackrock intentionally doing it or someone or something getting at Blackrock. The next could be Signature Bank which is the 3rd crypto friendly bank behind Silvergate and SVB.

Is it intentional against crypto's what with the implementation of ISO20022 due this month (pushed back from Nov 2022) and the XRP case coming to a resolution/close?

New York state has filed some sort of suit against KuCoin (not american by any stetch of the imagination but they trade XRP, I presume available to Americans) and claiming ETH to be a security this week which I find bizarre. Something big is getting stirred to stop the use of crypto in the US imo which doesn't have a lot to do with the run on these banks.

{Ed033's Note - If they can push prices of Crypto right down and demoralise people already in Crypto into getting out, they [Blackrock] can buy low and buy lots of Crypto,

17 Jan 2023 15:02:28
So with this page quiet . What do people think will happen this year. and what do people hope will happen?

Are we waiting for the long drawn out conclusion of the SEC case to kick start some market changes?

{Ed033's Note - To speculate, the Crypto market may pull back a bit into Feb 2023 and then move back up higher in March 2023 until Summer 2023, then have a large pull back to the end of the year 2023. Then 2024 is the big move up for the whole of 2024 and the first few months of 2025.

18 Jan 2023 15:22:45
The SEC case will affect most. Even though it's the US market which is circa 5% of crypto, the US apparently affects around 25% of the crypto market.
I think by the 21st Jan (end of this week) we (may) find out if the Hinman documents will be made public.

If they are then there will probably be settlement behind closed doors in Ripples favour. If not then we continue to judgement by end of March 2023.
It all ties in well with the implementation of ISO20022 March 2023 this year after being pushed back from NOV 2022.

XRP and Stellar are on the board of ISO20022 with other approvals being IOTA, XDC, QUANT, ALGO, HBAR and 1 or 2 others.
Many partnerships have been announced even in this last week, XRP and SOL for instance on being "greener" together.

Quant and LCX exchange have some sort of partnership (big deal). AVAX have teamed up with Amazon and already have Alibaba (another big deal).
Lot's of interesting stuff for potential buys in all of those mentioned. Quant could be one to take the mantle from BTC in the future looking at it's future use, but just my opinion.

Brad Garlinghouse ceo of Ripple/XRP is speaking at the Davos World Economic forum in the next few weeks. 1 of only 2 crypto speakers with the majority of the worlds banks.
Going forward I hope the truth about FTX (possible attack on Terra) and it's links to everything comes out but I doubt it.
The next big bullrun (3rd) will be the biggest but will have the biggest drop the other side.

When, I'm not sure but I expect quite a few coins will hopefully decouple from Bitcoin such as the ones mentioned in this post. Along the way over the next few years I think we will see 80%-90% of the 20 odd thousand different coins just disappear leaving the real use case cryptos.

{Ed033's Note - Thanks Supasub.

26 Oct 2022 10:35:00
For any interested in XRP Google xrp white paper and read all the facts on there. It was written before bitcoin was even an idea. Very interesting stuff

{Ed033's Note - Thanks marco1888!

27 Oct 2022 06:21:03
Your very welcome ed. I watch a guy on YouTube who really knows his stuff and he says Xrp is likely to win the lawsuit and 99% of people don't have xrp and once the court lawsuit is settled xrp could sky rocket.

{Ed033's Note - it depends on the definition of sky rocket. 1 A 10x increase could be seen as sky rocketing.

27 Oct 2022 09:04:13
Did you read it ed . It is very insightful

{Ed033's Note - i haven't read it.

28 Oct 2022 07:08:24
Who’s the YouTube rout out of interest?

I assume there is a lot of people out there that have hodl XRP, particularly with the low price, head in sand and wait stuff. I expect a surge of some sort when the SEC case finally comes to an end, what that is as ED says is anyone’s guess.
After which your average casual crypto dabbler will probably cash in and leave but for me that’s the point I’m interested in as I have a theory that post case spike and then dip is when a lot of whales/banks could buy in …. but who really knows

28 Oct 2022 09:08:22
Yeah I don't think he meant it would as high as bitcoin . But at the end of the day a profit is a profit and any profit will help during the cost of living crisis

28 Oct 2022 17:00:49
Hi, I'm still lurking, you still have ISO20022 intergration for banks which I believe starts in November this year. The entire crypto market cap as of today which is a low 1 Trillion down from it's high of 3 Trillionish. Swift averages $5 trillion in transactions a day in the global banking system. Even if say crypto/XRP/XLM/HBAR etc gets 10% of that daily then that's 0.5 Trillion per day. If crypto replaces the swift system completely then imagine how much of approved crypto banks would have to have on their balance sheet/ledger.
I'm no expert on it but they can't just create crypto like printing money/quantitive easing, they will have to fill their bags like everyone else which will be volume like we've not seen before unless the banks have already been doing it but I doubt it.

28 Oct 2022 20:42:47
I will look and see if it's still in my YouTube history in the morning for you mate

02 Nov 2022 15:14:44
Hi sorry for the delay in posting but I had to scroll through hundreds of you tube videos as my daughter watches them all the time but the channel is called legal briefs. So have a watch at that again sorry for the delay.

{Ed033's Note - ok thanks , marco1888!

14 Oct 2022 15:21:19
New to all this but looking to learn. Can anyone recommend a good trustworthy YouTube video to learn the basics of everything, thanks guys

{Ed033's Note - Typically there isn't an easy way of learning the basics of everything. To get the basics on youtube, you can binge watch a load of youtube videos. If you're in the UK, the basics are setting an account up on Binance.com, setting your bank account details on Binance.com and purchasing a small amount of Etherium.

21 Sep 2022 07:44:08
Xrp upto 0.35 a coin

{Ed033's Note - Yes, there is more speculation that Ripple may win against the SEC if the judge makes a ruling so the case doesn't carry on. If the judge rules for the case to carry on, then if BTC goes down, so will XRP.

Just a guess, but i still think at this moment in time, BTC is going sub 15k towards 10k within the next 6 weeks.

21 Sep 2022 10:56:12
Thanks ed as always your very well informed . Do you have any good cryptos I should dabble in

{Ed033's Note - i don't know, it's pot luck as far as i'm concerned.

23 Sep 2022 09:19:59
Xrp up to 0.45 a coin now I am still holding regardless

{Ed033's Note - i'm going to hold until it 1. pulls back and 2. goes back up and then looks like it's going to fail. Then i might sell some into a 'stable coin' such as BUSD speculating that it will pull back some more and then buy back in at a lower price.

You can look at the history of xrp by creating a free account on tradingview.com and then typing in xrpusd with the crypto tab 'enabled'

23 Sep 2022 09:20:49
Thanks for your reply ed your way more knowledgeable than me about crypto so any help would be appreciated

25 Sep 2022 01:41:17
Thanks ed

16 Aug 2022 21:31:27
Shiba inu up nearly 50 percent from a couple of months ago I bought 50 pound a few months ago and now at 70 pounds come on shiba keep rising just get to 1pound and I will be a millionaire lol

16 Aug 2022 21:48:52
Impossible mate

16 Aug 2022 23:33:45
I think in the future it's absolute limit is around 0.001 maybe. Still good. Beware though, Doge is pumping which has been a favourite of the BTC whales to skim profit, shift to Doge as it used to be more stable. The whales are probably using Shib for the same thing until they shift/pump BTC again.

18 Aug 2022 10:39:17
I know 1 pound is unrealistic but we can dream lol.

19 Aug 2022 00:06:19
Mate it’s impossible. It’s market cap would be bigger than all other coins collectively. Unless there is Ginormous token burns constantly to reduce the supply dramatically

22 Aug 2022 04:03:08
I like having my dreams don't ruin them lol

15 Aug 2022 13:06:59
Not posted in a while but thought I'd drop a quick message.

Two new projects I'm super bullish on are $Max and $Futura.

Max is a new exchange about to drop, a rival to Kiba, Uniswap etc but with better features. Is backed by influencers and trending heavily. You have to hold the token to use the platform which soaks up the supply. Current MC around £1.8m, was about £800k over the weekend. A potential 2x or 3x this week alone imo. Buy on uniswap, swap with eth.

Second is $Futura, codes by Sir Tris, one of the biggest name devs in the space. Days old, already at $2m mc and still insanely early. This could 100x.

{Ed033's Note - thanks for the 2 new projects.

16 Aug 2022 08:09:14
Can you post any links or contract address's Stand? There are a few MAX tokens out there, same with Futura when I've had a look. Thanks

16 Aug 2022 21:52:44
Hi supasub, sorry should of posted the contracts.

Max contract is 0x1370e3b7aa261dcbe19ee24c456e56ff186aec85

Need to use slippage between 6-10%. They’re announcing influencers and backers at the moment drip feeding in twitter and the exchange drops any day now so expecting big price movements.

Futura contract is 0x26487ec318b0138dcf6cd1f43ee68927756dbc1d

Great dip to buy in at the moment. More long term investment with top class dev.

I’ve put a few eth in both for now but will be DCA into both on the dips

16 Aug 2022 23:29:31
Thanks, I will have a look.

11 Aug 2022 16:04:53
Just a link to an article: For the migration from traditional SWIFT messaging (referred to as MT messaging) to ISO 20022 and which coins/tokens are relevant. For those interested:

what is iso 20022-and how will it impact the crypto industry

{Ed033's Note - Thanks Supasub.

14 Aug 2022 06:12:30
Does this mean that xrp platform for changing from swift to their format will be scrapped?

{Ed033's Note - No, XRP is ISO 20022 compliant

15 Aug 2022 11:20:50
Brilliant thank you

11 Aug 2022 11:37:55
Most of the cryptos took a big jump today even my lcx went up 22% lol.

11 Aug 2022 15:45:42
LCX is looking good, even though it's on a list of coinbase coins that the SEC does'nt like, so the SEC going after coinbase but not LCX (as it's based in Europe), ther is no end to the SEC trying to meddle at the moment.
Alot of big money went in yesterday to the top end of the market, BTC jumped $1000 in minutes. I presume investors/big business buying in after the the better than expected US inflations figures which came out yesterday.

{Ed033's Note - Thanks Supasub.