π² Insider Info in my Socials π
π Get The Hottest Crypto Deals π
π “Bitcoin Evolution” Shirt π
π₯ TOP Crypto TIPS In My Newsletter π
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πΊEssential VideosπΊ
SEC Crypto Clampdown π
Assets Backing Stablecoins π
Weekly Crypto Review π
Companies Buying Crypto π
Latin American Bitcoin Adoption π
Cryptocurrency ETFs Explained π
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– TIMESTAMPS –
0:00 Intro
2:15 Infrastructure Bill
5:01 SEC Crypto Regulations
8:14 Stock Market Crash
11:29 Companies Accepting Bitcoin Payments
13:51 Companies Buying Cryptocurrency
17:00 Cryptocurrency Upgrades, Events
19:29 Will September Be The Top?
21:46 Outro
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βοΈ π Useful Links π βοΈ
βΊ Infrastructure Bill Latest News:
βΊ SEC Says DeFi Protocols Need To Register:
βΊ Stock Market Correction Fears:
βΊ Tesla Will Start Accepting BTC Payments Again:
βΊ Fidelity Clients Want To Buy Crypto:
βΊ SEC Could Approve Bitcoin ETF In October:
βΊ He Bought Clip:
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πBlack Swan: Infrastructure Billπ
Although the Treasury Department has noted that cryptocurrency miners, validators and wallet developers wonβt be required to abide by the billβs tax reporting rule, we wonβt know for sure until the rubber hits the road, and that makes the infrastructure bill a potential black swan
βBlack Swan: SEC Crypto Regulationsβ
SEC chairman Gary Gensler has been itching to go after crypto projects in the name of investor protection, and the only thing stopping him is resources
Gary has been pressing politicians to give the SEC the power to do just that, but they seem to be a bit tied up with recess and those two multi-trillion-dollar spending packages at the moment
πBlack Swan: Stock Market Crashπ
A crash across the board is something that stock market experts have been warning about for weeks now. In case you didnβt know, this would also be devastating for crypto
π³White Swan: Companies Accepting Cryptoπ³
Like the B-Word event announcement in June, the possibility that Tesla could reverse course on BTC payments has seemingly fallen down the memory hole of most retail investors. When this announcement inevitably comes, itβs likely that other companies like Apple and Amazon could follow
π°White Swan: Companies Buying Cryptoπ°
One of these happened recently, and that was Coinbaseβs announcement that they will be purchasing 500 million dollarsβ worth of crypto and allocating 10 percent of their future profits into their favorite coins and tokens. Fidelityβs clients also want to allocate some of their 10 trillion dollars to crypto
π White Swan: Cryptocurrency Upgrades, Events, Announcementsπ
Even though futures backed ETFs wonβt have the same effect on crypto prices as crypto backed ETFs, the hype alone could take many coins and tokens to new all-time highs, including BTC and ETH
ADA is one of the few cryptocurrencies that has already pushed past its previous all-time highs, and this is because of Cardanoβs upcoming smart contracts which will go live on September 12th
DOT could soon do the same given that Polkdotβs parachain slot auctions should be beginning any day now
Even LTC could soon rally out of the hole because of the Mimblewimble privacy layer Litecoin developers are currently finalizing
π±Will The Crypto Market Crash In September?π±
The short answer is that this seems to be the case, but it doesnβt necessarily mean weβll be entering a bear market after that.
Many of the black swans I mentioned today might not occur in the expected timeframes, and some of them may not even occur at all.
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π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bitcoin #Ethereum #Crypto #Cardano #Markets #Fed
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