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The situation indicates an ongoing consolidation phase, but there remains a possibility of a breakout in the upcoming days. At the time, Binance processed over $6 billion in withdrawals over seven days. Over the past couple of weeks, Litecoin’s performance has been disappointing. The CFTC (Commodity Futures Trading Commission) would oversee these digital commodities. When Digital Asset is registered with CFTC then it is classified as a digital commodity. They’d also look after digital assets that are issued through “end user distribution,” which means they are released in a fair manner to users who interact with a blockchain system or to users of a digital asset on its native blockchain network. Recently, the asset manager also posted a job opening for a blockchain and crypto executive, seeking a vice president of blockchain for its New York office. Functional means that the digital asset can be used to store or transfer value on a secure platform, used in a blockchain service or app, or used in the governance of the blockchain system. Coinsfera does not provide online service. I looked into various service providers. If tech is going to infiltrate, influence, and shape all of society, it is unacceptable for tech and pure market forces to decide the limits of the surveillance state.