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► Bitcoin Rallies As Banks Crumble:
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► Fed Rate Hike Probabilities:
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– TIMESTAMPS –
0:00 Intro
1:29 Crypto Market Rally
4:39 Ethereum Upgrade Incoming
8:35 US Exodus Escalates
12:55 The Fed vs. The Markets
16:31 Ben Cowen Crypto Analysis
19:37 Outro
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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.
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Crypto News: Bitcoin Rally, Bank Failures, ETH Update & More!
In the fast-paced world of cryptocurrency, there is always something happening. The past week has been particularly eventful, with Bitcoin rallying to new heights, bank failures impacting the crypto industry, and important updates for Ethereum. Here is a roundup of the latest crypto news.
Bitcoin Rally:
Bitcoin, the world’s most popular cryptocurrency, has been on a breathtaking rally in recent days. The price of Bitcoin surged past $60,000, reaching an all-time high, before experiencing a slight correction. The rally has been driven by a surge in institutional interest in Bitcoin, as well as growing adoption by businesses and individuals. The bullish sentiment around Bitcoin has significantly boosted the overall market sentiment, with other cryptocurrencies also experiencing positive price movements.
Bank Failures Impacting Crypto Industry:
In a surprising turn of events, two major banks have recently collapsed, sending shockwaves through the cryptocurrency industry. The collapse of these banks has had a direct impact on the operations of several crypto exchanges and businesses, leading to disruptions in services and loss of funds. This has once again highlighted the need for robust regulatory frameworks and increased security measures within the crypto industry.
ETH Update:
Ethereum, the second-largest cryptocurrency by market capitalization, has been in the spotlight following the much-anticipated release of the Ethereum 2.0 update. This update aims to improve scalability, security, and sustainability of the Ethereum network. The transition to Ethereum 2.0 involves a shift from proof-of-work to proof-of-stake consensus mechanism, which is expected to enhance the overall efficiency and performance of the network. The successful rollout of this update is crucial for the long-term success and relevance of Ethereum in the rapidly evolving crypto landscape.
Regulatory Developments:
Regulatory developments continue to have a significant impact on the crypto industry. Several countries have announced new regulations or guidelines for cryptocurrency trading, mining, and taxation. These developments have raised concerns within the crypto community about the potential for increased scrutiny and oversight from regulatory authorities. However, many industry experts view these developments as a necessary step towards mainstream adoption and recognition of cryptocurrencies as a legitimate asset class.
DeFi Boom:
Decentralized Finance (DeFi) has been a major focus within the crypto industry, with the total value locked in DeFi protocols reaching new highs. The growth of DeFi has led to increased innovation and experimentation in the realm of decentralized finance, with new projects and platforms emerging to revolutionize traditional financial services. However, the rapid growth of DeFi has also raised concerns about security vulnerabilities and smart contract risks, prompting a broader discussion about the need for enhanced security measures and protocols.
In conclusion, the crypto industry continues to experience rapid developments and significant milestones. The ongoing rally in Bitcoin, regulatory developments, and advancements in Ethereum and DeFi are shaping the future of cryptocurrencies. As the industry continues to evolve, it is crucial for stakeholders to stay informed and adapt to the changing landscape of cryptocurrency.
I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. I have made over 27 btc from day tradng with Mrs Chloe Roberts insights and charts.she's been one step ahead of other analysis…
As banks are failing #BTC is rallying and $REEF the native token of #Reef is moving.
Subscribed. Just here for knowledge.
In this video the news of all crypto are explained. This video will help us a lot۔ I like it. Thanks You so much sir.
You have guided us well.#crypto #forsage #busd #forsagenft #pumalabs
Feds are so corrupt and serve only very large banks, and want to control
de- centralized crypto (BTC) and create CBDC for total tyranny.
Whether the fed raises or not, we're in for more inflation. If they raise, more bank failures, more bailouts, more money printing, more inflation. When the fed pivots… more inflation.
My country (Austria) recently put Crypto on the same level as stocks. Same tax, same rules, etc.
The current social development trend shows that Internet finance is an important part of the world economy. We must learn to manage money, find income for ourselves other than work, and let us realize wealth freedom as much as possible, so that we can protect the people we care about. This is a Great plan.
This channel is boss, guy is so damn helpful and un biased, I wish the stupid ass other news was this truthful haha
Kingofpara süleyman❤❤❤
Please learn how to pronounce Choke Point 2.0 correctly. Two Point Oh
.
Please do a video on the BRADBURY POUND.
Could a digital version of a Bradbury Pound save the British economy? My understanding is that it can release trillions of pounds of debt free money for the UK and break away from BIS system, but I don't understand how it would work.
Thank you
Ok, I'll try it, but if this guy stares at me I'm out.
Gensler was a disaster managing the CFTC going after silver for 6 years finding nothing wrong, the DOJ did the job for him fining JPM.
Yes I remember when I was kid and none this matter, wish could go back there!
I see benjamin i dislike. That guy is the worst
Go strong cryptocurrency Go