consequences

Binance under attack: The SEC sued the giant of the crypto industry and its head

On Monday, the US Securities and Exchange Commission (SEC) sued the world's largest cryptocurrency exchange Binance and its CEO Changpeng Zhao. The charges include “network of deception”, artificially inflating trading volumes and redirecting clients' assets. SEC approves, that Binance and Zhao secretly controlled clients' assets, which allowed them to mix and redirect customer funds. Besides, is accused of, that the exchange created separate US legal entities as part of a complex scheme to circumvent US federal securities laws.

Biden signs bill to increase US national debt ceiling

President Joe Biden signed into law, expanding the US government debt ceiling and preventing a potential default on government debt. This significant step was the result of months of political negotiations and includes a number of key measures, reflecting economic and political dynamics within the country. In this article, we will take a closer look at the key points and implications of this decision., which, As expected, will lead to some changes in the US economic landscape.

Reflection. Analysis or self-digging?

Steve just made a losing deal. Although he only lost 2 %, he can't stop thinking about it: “What did I do wrong? How could I prevent a loss? What i missed? What does this loss mean to me, as a trader? What will happen next? I can handle it.? ” Steve reflects. He can't let go of it. He constantly gets bogged down in a loss, scrolling it over and over in my head. Reflecting on a past loss not only reinforces a bad mood, but also, as a recent study by Dr. Andrew Ward shows (Andrew Ward), the reflective type is less satisfied, less confident and less able to adhere to the planned course.

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