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Big News Of The Day: Gensler confirms SEC won't ban crypto... but Congress could
Podcast Of The Day: The Pomp Podcast - #680 Investing in the Crypto Market w/ Raoul Pal
Video Of The Day: Altcoin Daily: I Was WRONG About XRP Cryptocurrency (Shocking for SEC vs Ripple)
Blog Of The Day: 8 Misconceptions You Need To Get Rid of To Embrace the Bitcoin Revolution
My Hot Take
Gary Gensler, the head of the U.S. The Securities and Exchange Commission has confirmed that his agency does not have the authority or intention to ban cryptocurrency; "that would be up to Congress." That said, even then they can't ban Bitcoin. However, speaking of Congress...US Senator Warren introduces bill to study crypto's role in ransomware.
Things continue to look up for Ripple as the largest bank in Africa and The Middle East joins the Ripple network for cross-border payments. So yeah, Altcoin Daily was wrong about XRP.
Shark Tank star Kevin O’Leary stated that “Crypto for the first time is more than gold for me” and doesn’t see a situation where crypto “goes away” as a result of regulation. Meanwhile, six new Crypto Billionaires join the 2021 Forbes 400.
It appears that a ‘large pump’ is coming to Bitcoin, hints BTC price metric — But maybe not until December. Stochastic RSI all but copies moves that sparked 2013’s all-time highs, but hodlers may be kept waiting until the very last minute this year. Reminds me of my days in the Navy - "Hurry up and wait." It's going to become harder and harder to wait but patience provides rewards.
AMC has started accepting cryptocurrency payments for gift cards and DOGE is included; I can't make this stuff up! In addition, over 10,000 Bitcoin ATMs installed globally in 2021 as demand for crypto surges.
With the good comes the bad, Police seized $1.3MM in Crypto from "prolific" ransomware gang that attacked US energy companies and another NFT rug pull, "Evolved Apes" creator disappears with $2.7MM. Y'all be careful out there ya hear.
Best Performing Top 10 Asset is: DOGE - $0.24
Well that's a wrap but, continue to read, watch, and listen to the information I curate on my website. I believe you will be well positioned to benefit from the most transformative technological shift we've seen in our life time. Be STRONG and HODL on!
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Remember: Bitcon 2022 tickets for Apr 06-09 in Miami and Consensus 2022 is Jun 10-12 in Austin, Texas; hope to see you at both!
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