Hope you all had a good weekend despite the droopy crypto market. Looks like we’re in for another week of crazy volatility, and if I’m being honest it could go either way. This is because of a few big announcements that were made last week.
First and foremost, Australian stock exchanges will be listing 3 crypto ETFs this Wednesday. Each of them will be physically backed meaning they should have a direct effect on the price of BTC and ETH, which is of course the cryptocurrencies these ETFs are for.
On the flipside we have lots of fear leading up the Federal Reserve’s press conference in about a week and a half. Even though investors priced in the interest rate hikes Fed officials are talking about, they’re starting to wonder if the Fed will put the pedal to the metal.
Then of course you have the current Twitter takeover bid. It’s incredibly fast moving and the latest news is that Twitter may accept Elon’s bid! What could this mean for Twitter crypto integrations?
These are just a few things I talk about in this week’s crypto review, and be sure to stick around until the end if you want to know what’s going to happen to last week’s top performing cryptos.
Hint: some pumps could continue, others might not. Enjoy!
⛓️ 🔗 Useful Links 🔗 ⛓️
► Grayscale Bitcoin ETF Argument: https://www.theblockcrypto.com/linked…
► Coinbase Beta NFT Marketplace Launch: https://cointelegraph.com/news/coinba…
► Elon Secures Funding To Take Twitter: https://nypost.com/2022/04/21/elon-mu…
► SEC Changing Exchange Definitions: https://www.coindesk.com/policy/2022/…
► Jerome’s Comments Cause Market Crash: https://www.cnbc.com/2022/04/21/powel…
📜 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.