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Home»Web 3»Hold your butt.
Web 3

Hold your butt.

2024-07-23No Comments2 Mins Read
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TL; DR

  • With Biden out, Democrats have an opportunity to embrace crypto, ETH ETFs are launching today, Gary Gensler is rumored to be stepping down, and Trump may be about to add BTC to the US balance sheet. 🤯

Full story

Baby, wake up! New crypto stories just appeared!

Right now it feels a bit like years are turning into weeks.

And when social/political events happen at a faster rate, new stories enter the markets – giving investors new opportunities to try to orchestrate potential future events (aka: invest more $$$)

Here is the latest set of stories:

  1. Now that Biden has withdrawn, Democrats have an opportunity to embrace crypto (and suck up some of those sweet, sweet political funding dollars currently floating around in the crypto space).

    More parties that support crypto = more investments in the long term.

  2. The Ethereum ETFs Launch Today! That means we can all start tracking the traditional financial dollars pouring into the altcoin space every day.

    (Adding to the momentum generated by the Bitcoin ETFs).

  3. Rumor has it that Gary Gensler (the anti-crypto SEC chairman) will resign as early as February, now that Biden is no longer running.

    The potential for a new, pro-crypto SEC chairman is enough to send the markets into a frenzy at some point.

Oh, there’s that, and…

There are rumors that Donald Trump will announce his intention to add Bitcoin to the US Treasury when he speaks at the Bitcoin Conference in Nashville this Saturday.

IF that happens (and it’s still a big old IF), it could trigger a buying frenzy never before seen in the crypto space.

See also  Optimism (OP) Price Crafts A bullish cup, but can it hold momentum?

Hold your butt.

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