Crypto News: BlackRock BTC ETF, USDT FUD, ETH Updates & More!

Jun 18, 2023

Hey Guys,

It’s Monday again, and you know that means – time for another weekly crypto review! Obviously, there were no shortage of macro and crypto catalysts last week. The Fed’s meeting was front and center, and in the end, it decided to pause.

On the crypto side, there were concerns about Binance US’s assets being frozen by the SEC. Thankfully this happens, but the crypto FUD returned just a few days. Tether’s USDT briefly slipped off its peg in anticipation of a series of hit pieces.

The bears were quickly chased out by the bulls when Blackrock announced it had filed for a spot Bitcoin ETF. Given that Blackrock’s track record for getting ETFs approved is practically spotless, it sets the stage of a massive crypto catalyst in the coming months.

Enjoy!

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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.