Crypto News: SEC Crackdown, ETH Insiders Sell, Surprise Rate Hikes & More!
Remember how I said last week that the week would be even worse? Well, I have a feeling that this week will be even worse than last week. This simply because there are so many crypto and macro factors at play.
The elephant in the room is the SEC’s crackdown on Coinbase and Binance. I have a feeling that this is just the tip over the iceberg, and the proof is in the price action. Altcoins have been collapsing. ETH whales are selling too.
Meanwhile, the stock market has entered a new bull market and sentiment is the greediest its been in years. This massive disconnect between sentiment in crypto and stocks could be bad news for crypto depending on how things play out this week.
Everything you need to know in today’s video!
⛓️ 🔗 Useful Links 🔗 ⛓️
► Robinhood Delists SOL, ADA, and MATIC: https://cointelegraph.com/news/robinh...
► Ethereum Co-founder Sells ETH: https://www.theblock.co/post/233118/e...
► Bank of Canada Surprise Rate Hike, More To Come: https://think.ing.com/articles/boc-su...
► 7 Stocks Causing Most of Market Rally: https://www.thestreet.com/investing/m...
📜 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.