Botcoin Conference: Key Takeaways from Trump’s speech.
🇺🇸 Donald Trump 2024 Bitcoin Conference Speech Recap:
• On day one I will fire Gary Gensler and appoint a new SEC chairman. • Create a US Government strategic national Bitcoin stockpile if elected. • US Government will keep 100% of Bitcoin it owns. • Bitcoin is going to the moon. • Never sell your Bitcoin. • Bitcoin will one day probably surpass the market cap of Gold. • I reaffirm my pledge to commute Ross Ulbricht's sentence. • There will never be a CBDC while I am President of the United S
Read it and Keep these things in Your Head🫡 Why I Tell you Guys that Perfect Entries Don’t Exist? Because you will Never get ideal condition for buying or selling Market can Surprise you in Multiple Ways The key is to work on your system and allign it accordingly to the market Conditions Have you seen this ? Whenever Market start Pumping and you Don’t Hold any spot bag You will start Getting Fomo Thinking that I Miss Everything? Should I Enter Now ? Reason is Simple : Price & Sentiments
We have traded this successfully as a mini HODL in the past but it's time to declare it a HODL.
The good:
It's a gaming project that doesn't have crazy inflation yet. They have a golden twitter badge ($1,000 per month) They have big and active twitter They had partnerships like dechat and other famous gaming giants including my other student favorite HODL coin GMEE
Their gaming graphics are insane and what they have developed on unreal engine 5 is priceless.
It's suffering for no reason and I believe in metaverse trend it will do a 25X to 50X from here
Already listed on tier 1 exchange and a total of 3 prominent exchanges.
The bad:
Pre-sale investors selling Gaming projects have their own season It will be hard to pump 25X without metaverse trend.
• SUI $50M token unlock on July 1 [12 AM UTC • Optimism $55M token unlock on June 30 [12 AM UTC
Usually exchange tokens pump into their dates of unlock and once the supply is in it slowly starts to show its damages, i took a short position in OP a month ago and here i will be still holding it.
I have spent 100’s of hours of research to spoonfeed my followers 3 projects with ground breaking technology that will, in my eyes, deliver life changing gains Tao Alph INJ And here’s why : • $ALPH $ALPH is a scalable, sharded PoW layer 1 blockchain capable of handling a throughput of 10,000 TPS ( Transactions-Per-Second ). Allowing devs across the globe to put all their wildest DeFi & Dapps dreams into reality. • Value proposition : - Fair Launched - Decentralized. - Tackling the Blockchai
US BANKS UNREALIZED LOSSES HAVE REACHED $525 BILLION
THIS IS ALMOST 7 TIMES BIGGER THAN THE GREAT FINANCIAL CRISIS OF 2008.
THE UNREALIZED LOSSES HAVE EXCEEDED THE TOTAL RESERVES OF THE AMERICA'S LARGEST BANKS.
FDIC ALSO DOESN'T HAVE ENOUGH MONEY TO COVER BANK DEPOSITS.
I KNOW ITS “ UN-REALISED LOSSES “ BUT ITS STILL SUPER MESSED UP. I think this will take the markets further down and, Government has to print in order to save the banks. Save the Banks Save the Econo
JUST IN: Bybit became the world’s second-largest crypto exchange, while the leading exchange, Binance, has lost some market share due to previous regulatory issues. !
Point 👉 😱 The Fear and Greed Index" has dropped to 30 ("Fear") — its lowest score in 18 month
The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETF
WHY IS BITCOIN DUMPING?⚠️ (Fundamental Reasons)🚨 BTC recently dropped below $61,000, making a new monthly low of $60.5K Here are some of the major reasons behind this BTC dump🏴☠️👇🏻 1) Mt. Gox distribution😄 Just a few hours ago,Bloomberg reported that Mt. Gox had announced plans to distribute 143K BTC to its creditors starting in July.This will add huge seling pressure on BTC, and that's why the market is dumping in panic. 2) Miners selling🙂 In the month of June, miners selling reached