Crypto News: ETH Crash, SEC, Do Kwon, Terra, CPI & MORE!
Hey Guys,
Listen, I know things have been tough in the crypto market lately... but it's gonna get way worse.
In all seriousness, it looks like all this inflation isn't going away anytime soon, and that means the central banks will keep raising interest rates come hell or high water.
This is almost guaranteed to do serious damage to crypto, and all the regulatory threats coming from the SEC definitely aren't helping. The fact that SEC chairman Gary Gensler thinks proof of stake cryptos are securities means even ETH is at risk here.
In short, it's going to get a lot worse before it gets better, and the silver lining there is that you'll have lots of time to accumulate. Do your research, find the coins and tokens you think will do well the next time the crypto market comes around, and HODL.
Enjoy, if you can!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► CPI Causes Market Crash: https://www.reuters.com/markets/europ...
► 40% of Ethereum Blocks Coming From 2 Validators: https://cointelegraph.com/news/40-eth...
► Ethereum Relay Block Centralization: https://cointelegraph.com/news/flashb...
► MEV Explained: https://ethereum.org/en/developers/do...
► Gary Gensler Says Proof of Stake Cryptos Are Securities: https://decrypt.co/109881/gensler-pro...
► Do Kwon Not On The Run: https://www.theblock.co/post/170902/d...
► Huobi Privacy Coin Delisting Announcement: https://www.huobi.com/support/en-us/d...
► LBRY Case Decision: https://ambcrypto.com/how-the-resolut...
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📜 Disclaimer 📜
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.
