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JUST IN: 
🇺🇸 US House fails to overturn President Biden's veto on bill that would allow highly regulated financial firms to custody Bitcoin  and crypto.
They needed to 2/3's of the votes to overturn the veto.
#Bitcoin #BitEagleNews  

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Me telling my wife i lost our entire net worth on memecoins

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𝙃𝙞𝙨𝙩𝙤𝙧𝙮 𝙧𝙚𝙥𝙚𝙖𝙩𝙞𝙣𝙜 𝙞𝙩𝙨𝙚𝙡𝙛? In 2020 all markets took a huge dump out of economic fear (covid and economic decline). In response, the FED cut interest rates and pushed quantitative easing to support the economy. What followed next was the bull market of 2021 which we all know. Today the markets are dumping out of economic fear again (weak job report and economic decline). In response it's near guaranteed to start cutting rates in September and push Quantitative easing again. History about to repeat itself? 🧐 #BitEagleNews #FUD

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Despite all the predictions we all have made to predict when the next up-only phase starts: - The 4 year halving cycle - New Bitcoin highs - Ethereum surging - Bitcoin dominance dropping - etc etc ... It's not dominantly any of these. It's MONEY PRINTING and RATE CUTS. And we just basically got this completely confirmed in September. The crypto markets need liquidity injection. We had that in 2020 and 2021 PLENTY of times. We know how that turned out right? That comes from rate cuts and money printing. Today the unemployment rate (job report) climbed to 4.3%. The highest level in years! It opens the door to an almost guaranteed rate cut and money printing scenario as inflation isn't the FED's only concern anymore. What I said before still matters. Bitcoin rising to new highs will peak new retail interest. Ethereum surging does increase liquidity across the entire ecosystem (profits rotating). It does matter but it's not DOMINANTLY responsible for a huge run. Macro-economic events do. They matter as well and likely even more. Interesting to see how it will play out but if QE (quantative easing) is back on the table and liquidity is injected back INTO the economy instead of QT (quantative tightening) which we have had since the last bull market ended? Things could change quickly, and for the better of our assets. September is coming 👀 #BitEagleNews #BullRun #Crypto

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Donald Trump says "maybe we'll pay off our $35 trillion debt by handing them a little crypto check, handing them a little Bitcoin."

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