🌾 Ash & Booker’s Chronicles: The Snooze Fest of Crypto and Stocks! 🌾

[CryptoButthead.com , msc, September 25, 2023] Howdy y’all! It’s us again, Ash and Booker, comin’ at ya live from the heart of the boondocks. Now, grab y’allselves a jug of sweet tea, ’cause we got some talkin’ to do.

Now, we done discussed a heap of stuff just a few hours ago, and lemme tell y’all, it’s like watchin’ paint dry. We’re on episode no. 69 of “How Boring Can Investin’ Get in the Crypto Space.” We thought we done seen the tip-top of Bore Mountain, but lo and behold, it just keeps climbin’.

We see folks sellin’ at these levels, and we ain’t acquainted with ‘em, but bless their hearts, they sure do suck. Whales, y’all suck. Buy High and Sell Low folks, y’all suck too. Y’all makin’ it less excitin’ for everyone, we swear. But alright, let’s get to the nitty-gritty.

Over yonder in Hong Kong, regulators are tightenin’ their grip on the crypto market, arrestin’ six folks for some shady dealings with an unlicensed crypto exchange, JPEX. They’re plannin’ to ramp up their efforts to keep investors in the know and remind ‘em to stick to platforms with proper licenses.

Now, let’s mosey on over to Thailand. They’re plannin’ to tax foreign revenues, includin’ them from crypto tradin’, for anyone residin’ in Thailand for more than 180 days. They’re closin’ them loopholes and makin’ folks declare any income earned overseas.

Down in Brazil, lawmakers are pushin’ to acknowledge crypto as part of personal financial assets for a whole different reason. They aim to include digital assets in an amendment to protect private savings from potential seizure by creditors.

Now, what’s the haps with Bitcoin? Oh, dear Lord… Bitcoin is lookin’ sadder than a tick on a skinny dog as the last week of September begins. It’s retestin’ $26,000 as support, markin’ a return to near two-week lows for BTC price action. But hold your horses, folks are talkin’ ‘bout “Uptober” and it’s stirrin’ up some excitement.

And what about our most loved and hated crypto couple, SEC and Coinbase? The SEC’s got concerns about Coinbase’s proposed involvement in Celsius Network’s plan to emerge from bankruptcy. But Coinbase ain’t backin’ down, no siree! They’re fightin’ the SEC lawsuit with all they got.

In other news, Coinbase has registered with the central bank of Spain to provide exchange and custody services in the country. They’re joinin’ companies like Crypto.com and Bitstamp in registerin’ with the Spanish regulator.

And our hero Microstrategy? They done purchased nearly $150 million worth of bitcoin between Aug.1 and Sept.24. Now that’s a big ol’ chunk of change, ain’t it?

That’s all for now, folks. We’ll be back with more updates when the market decides to wake up from its slumber. Until then, this is Ash and Booker, signin’ off. Peace y’all!