Happy Hump Day Crypto Fam! Well, it looks like the bulls are back like they never left! The market is currently pumping, and we couldn’t be more excited about it. It looks like the Evergrande FUD is starting to die down. Bailout money seems to be on the way…what a surprise (not really).
Could this have just been intentional media manipulation in an attempt to cause panic and shake out the weak hands? We’ll let you all draw your own conclusions. Congrats to those that either held or bought the dip. In other news, financial institutions are also strengthening their participation in the industry. #Robinhood has decided to launch a #cryptocurrency wallet, #PayPal has released a #crypto app, and #Revolut is paying for office space with #Bitcoin. There seems to be no shortage of bullish news.
Also, can you take a wild guess at who’s decided to step up and speak out against harsh #crypto regulation? If you guessed the US and European banks, kindly give yourself a pat on the back. It will be very interesting to see how this will unfold. If history serves as any lesson, the money always wins in the end. So, we’re anticipating that things will play out in our favor.
However, we shall see. The regulators aren’t above throwing a hail Mary pass Regardless of whatever move they decide to make, we’re sticking with our previous sentiments. We will continue to have a bullish outlook. #Crypto will win!
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00:00 = Intro
01:03 = Newsletter
01:28 = The FUD is getting weaker
04:20 = Avalanche Ecosystem still strong
04:48 = Evergrande crisis and China money printer go Brrrr
05:48 = Markets bounce
08:40 = Financial institutions are betting heavily on crypto
10:24 = In other news
10:45 = Outro
#nft #ethereum #defi #blockchain #crypto #cryptocurrency #bitcoin #btc #eth #news #protocols #sidechain #altcoin #nftmarketplace #opensea #cryptoart #protocol
DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
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