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On April 21, Joel Rayburn, a retired U.S. Army officer and former diplomat, stated, “The U.S. military has a decisive military advantage over Iran, but translating that advantage into political gains is a much more difficult task. The Iranian military ‘cannot control its own airspace,’ and the U.S. and Israeli air forces can fly over ‘all of Iran and strike virtually any target they want at any time.’ A similar disparity in strength would emerge in a confrontation in the Strait of Hormuz. The difficulty lies in translating this military advantage into U.S. political objectives. In this context, broader factors will play a role: global economic and political pressures, including international and domestic ones. I don’t know how Trump and his cabinet will make decisions based on these considerations. But from a purely military perspective, if the negotiators sitting at the negotiating table choose to use force, it means they do indeed possess a decisive military advantage.”Russian Armed Forces Chief of the General Staff Gerasimov: Russian troops continue their advance in the north and south of Kostiandinovka.April 21st, Futures News: Economies.com analysts latest view: Spot gold continues its oscillating trend in recent intraday trading, steadily holding above its 50-day EMA support level. This provides a crucial technical foundation for price stability and limits any strong downside pressure. Prices remain firmly above the key resistance level of $4800, demonstrating the current trends strong momentum. This performance is occurring against the backdrop of a predominantly upward corrective trend in the short term, while the Relative Strength Index (RSI) continues to release positive signals after moving out of overbought territory. These factors collectively support the likelihood of spot gold prices maintaining a positive trend in the near future, despite current market volatility.April 21st, Futures News: Economies.com analysts latest view: WTI crude oil futures have exhibited volatile trading recently, partially retaining the gains made at the start of yesterdays session despite continued negative pressure. Currently, prices are moving along a short-term bearish corrective trendline, reflecting an overall downward bias. This situation is further reinforced by prices trading below the 50-day EMA, which acts as dynamic resistance. Meanwhile, the Relative Strength Index (RSI) continues to release negative signals after reaching overbought levels, supporting the possibility of further declines in WTI crude oil futures in the short term.April 21st, Futures News: Economies.com analysts latest view: Brent crude oil futures are fluctuating, with prices continuing to move along the short-term downward correction trendline and supported by the price remaining below the EMA50 moving average, reducing the likelihood of a strong rebound in the short term. The Relative Strength Index (RSI) has released a negative signal after being overbought, further increasing bearish pressure and indicating limited bullish momentum; the market is more likely to resume its downward trend.

Owning Government Officials From Working on Regulation

Cory Russell

Jul 07, 2022 16:31

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Government personnel who actively engage in cryptocurrencies or are discovered to be in possession of any are prohibited from taking part in the creation of legislation and policies pertaining to cryptocurrencies, according to a recent directive from the US Office of Government Ethics.

With Some Exceptions

Additionally, the advisory notice made clear that even if the restriction is in effect, it only does so with a de minimis exception.


Owners are still able to invest in cryptocurrencies via publicly listed shares and mutual funds of businesses offering cryptocurrency and blockchain services because to this exception. Stablecoins and all other forms of cryptocurrency are included.


Government personnel are still permitted to acquire cryptocurrencies; but, doing so will prevent them from contributing to the development of crypto-related regulations.


They may still work on such initiatives, however, provided they divert their cryptocurrency holdings into other financial opportunities.


The notification went on to further describe the situation, saying "An employee may not engage in a specific topic if the employee understands that particular item might have a direct and predictable influence on the value of their cryptocurrency or stablecoins."


However, even for those who are permitted to invest in cryptocurrency-related stock index listings, a $50k threshold has been imposed over which the de minimis exemption is no longer applicable.

Crypto investors suffer a loss

The cryptocurrency market isn't in the greatest of health right now, even if the Biden administration is concentrating on creating laws for cryptocurrencies after the POTUS issued an executive order for the same.


The continued bearishness is having an impact on cryptocurrency firms as the overall market value of all cryptocurrencies is struggling to reach $1 trillion.


Voyager Digital has filed for Chapter 11 bankruptcy a week after stopping the platform's withdrawal, trading, and deposit services after Harmony almost went bankrupt a while back.


Thus, even without the US GOE's decision, it would only have taken these investors a little longer to leave the market, similar to how many other investors are already doing.

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