The Federal Reserve just INCREASED interest rates by 75 basis points. This is what that means & why August might be very GOOD for bitcoin & crypto. 🚀
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Timestamps:
0:00 – Introduction (Watch the WHOLE Video)
0:26 – BREAKING: The Federal Reserve just announced a 0.75% interest rate hike.
1:06 – 6 takeaways (for Fed raising interest rates)
3:11 – Why is bitcoin & the crypto market pumping?
5:12 – Inflation is happening! (bitcoin is a peaceful way to opt-out)
5:48 – People holding 1 Ethereum hits new ATH!
6:11 – Bill for ZERO Taxes on $50 Crypto Payments
7:03 – University of Tokyo to Offer Engineering Courses in the Metaverse
7:48 – August looking GOOD for crypto
**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin.
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!
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Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.
Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, CELL, DON, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL, GMT
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31 Comments
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It’s called whale market manipulation, push the price up to cause FOMO and when it gets up so far then it’s dumped and people get rekt.
right now binanc glitched and exchanges btc>eth pair with a bugged rate giving x10 price
i postd videeo
Agree is rally.
Dude, the Merge AND the Vasil Hardfork. Cardanos tech is undeniable man. Look at everything that Vitamin said at EthCC. Why would you not give Charles, one of the founders of Eth the same props as Vitamin and Gavin? They all still get along and plan to work with each other in the future. They all just took different pieces of the pie.
The pump is already priced in.
Total scam pump period recktember coming and then stack up until then DCA 🙏
This is a bull trap imo. Market manipulation to dump on retail.
It'll go back down again tomorrow
WELCOME BACK EVERYBODYY.. TO ALTCOIN DAILYY. IM GOING TO GO LIFT WEIGHTS NOW.
Massive crack is on the way. Be careful . easy money is ended
Agreed… I believe that .75% hike was already priced in…
Pamp then Damp
Xmr is up 8 percent
You lost me with the Kanye west analogy. Seemed a little weird and creepy 😳. I love this channel but that analogy was a little strange.
Not sure about August. Most people are on vacation spending . Most of European worker have one month vacation in August .
<Nobody can predict crypto, dismiss all such forecasts and concentrate on what's actually happening to the cryptos in which you've invested. My advice to new investors: More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. Trading went smooth for me as I was able to raise over 15 BTC when I started at 2 BTC in just 5 weeks of implementing trades with signals and insights from Cole Jax, this is one of the best medium to backup your assets incase it goes bearish.
BTC under 25k is an awesome price guys.
Going all in when it it's a 1000
August 1st I’ll be 21 excited to see where this goes either way
Everyone still smoking hopium LOL. Bigger collapses and crashes to come. Let it pump then watch it all dump even lower. Fed should have raised 2 basis points…lies lies lies!
The whole market went up
Bitcoin and Litecoin reward halving supply shock coming down the track….🏖…🐬
Last ‘round of halvings’ signaled the beginnings of the 2019 – 2021 price surge!"
Big suprise! Altcoin daily warned us all at beginning of week, alas they were wrong again. Bitcoin was never going to crash this week. Fed news was already factored in.
August = 10 k Bitcoin
Earnings will continue to fall at least during next 2-3 quarters… i am not in a rush. Would not mind picking up more ETH, but no rush..
🤘😎👍
I don't get it when someone try to make a fool of me
Dead bounce
Yeah the stock market also moved buddy, hence the movement of BTC. Question rather be, why did the market pump? Possibly as the fed implied next cut will be so strong it will basically pause spending… Therefore, buy the pump whilst you can.
Anyone buying right now is exit liquidity