โ
When the US DEBT CEILING is raised, the GAFAM Pop The Champagne ๐ฅbecause it's the green light for Wall Street to keep pushing the big caps to their outrageous excessive excesses as there are always a a few pennies to scratch, and it does not matter the next collapse to be even more violent and of more serious consequences for the economy and the world. They call it "The Americain Dream" until the day they end up in the street with their company stuffs box.
๐ท๐บ Russia to use #crypto exchanges to settle cross-border transactions.
โ ๏ธ Let's see what sanctions the US and EU can apply to this! ๐๐ ๐คฃ
https://watcher.guru/news/russia-reportedly-planning-to-establish-regulation-for-crypto-exchanges-operation?c=577
โ ๏ธ Let's see what sanctions the US and EU can apply to this! ๐๐ ๐คฃ
https://watcher.guru/news/russia-reportedly-planning-to-establish-regulation-for-crypto-exchanges-operation?c=577
Watcher Guru
Russia to Use Crypto Exchanges to Settle Cross-Border Transactions
The latest reports reveal that cryptocurrency exchanges' establishment and operational rules are under plan in Russia.
โ
Hong Kong Narrative V2 - VASP License (for Virtual Asset Service Providers Passed)
TIER 1๏ธโฃ: Based in China, with high performance in H1 (10 cryptos selected)
TIER 2๏ธโฃ: Not China-based, but with notable Chinese ties (10 cryptos selected)
๐ Hong Kong's recent decision to let regular people trade crypto is a big step forward for the crypto market. This move is likely to bring more investors to the market, which will increase the demand for Chinese tokens which are already becoming more popular among investors in the region.
๐ So especially keep an eye on these 6 cryptos of Chinese origin which are always appreciated by Chinese investors:
๐น$BIT
๐น$CFX (selected)
๐น$IRIS (selected)
๐น$NEO (selected)
๐น$OKB
๐น$VET
โ ๏ธ In the list of 20 selected cryptos, I'm happy to see $IOST as I still own a big bag after selling about 20% of my tokens with 1,800% gains.... then $COCOS & $SAND because in 2021 I had shared in our VIP channel, 2 exclusive winning signals that generated quick and huge profits.
TIER 1๏ธโฃ: Based in China, with high performance in H1 (10 cryptos selected)
TIER 2๏ธโฃ: Not China-based, but with notable Chinese ties (10 cryptos selected)
๐ Hong Kong's recent decision to let regular people trade crypto is a big step forward for the crypto market. This move is likely to bring more investors to the market, which will increase the demand for Chinese tokens which are already becoming more popular among investors in the region.
๐ So especially keep an eye on these 6 cryptos of Chinese origin which are always appreciated by Chinese investors:
๐น$BIT
๐น$CFX (selected)
๐น$IRIS (selected)
๐น$NEO (selected)
๐น$OKB
๐น$VET
โ ๏ธ In the list of 20 selected cryptos, I'm happy to see $IOST as I still own a big bag after selling about 20% of my tokens with 1,800% gains.... then $COCOS & $SAND because in 2021 I had shared in our VIP channel, 2 exclusive winning signals that generated quick and huge profits.
โ
Beijing Now Releases Web3 White Paper!
๐ Beijing released a white paper promoting #Wweb3 technology as the future of Internet industry development.
๐ The white paper does not cover cryptocurrencies but focuses on #AI and the #Metaverse.
๐ The paper was published days ahead of new Hong Kong crypto regulations taking effect, even it focuses more on the metaverse than blockchain.
๐ Crypto founders optimistic about Beijing news promoting #Web3 despite no mention of crypto.
๐ Binanceโs #CZ, Huobiโs #JSun, and Animocaโs Yat Siu all touted the promising signs of Beijingโ โInternet 3.0โ white paper.
โ ๏ธ Chinaโs commitments to Hong Kong Crypto Regulations and now to Web3 reflects a significant step towards recognising the transformative potential of Decentralised Systems and Blockchain-based Solutions.
Well done China, you are getting ahead ๐
๐ Beijing released a white paper promoting #Wweb3 technology as the future of Internet industry development.
๐ The white paper does not cover cryptocurrencies but focuses on #AI and the #Metaverse.
๐ The paper was published days ahead of new Hong Kong crypto regulations taking effect, even it focuses more on the metaverse than blockchain.
๐ Crypto founders optimistic about Beijing news promoting #Web3 despite no mention of crypto.
๐ Binanceโs #CZ, Huobiโs #JSun, and Animocaโs Yat Siu all touted the promising signs of Beijingโ โInternet 3.0โ white paper.
โ ๏ธ Chinaโs commitments to Hong Kong Crypto Regulations and now to Web3 reflects a significant step towards recognising the transformative potential of Decentralised Systems and Blockchain-based Solutions.
Well done China, you are getting ahead ๐
โ
Thai baht depreciation against US dollarโ๏ธ
๐ฉOn last week, all the media were unanimous in explaining that the Baht is depreciating because of 3 reasons: (1) the uncertainties of the current elections, (2) the depreciation of the yuan and (3) the outlook for the FED's monetary policy.
๐ As I like to tease, I just added the price structure line (yellow color) of the US dollar index in 3 different TAs including baht and yuan.
โ ๏ธ The result is clear with a strong correlation between the baht and the dollar index. The Baht therefore only follows the dollar, and regardless of the news that has no effect on its trend.
๐ฉOn last week, all the media were unanimous in explaining that the Baht is depreciating because of 3 reasons: (1) the uncertainties of the current elections, (2) the depreciation of the yuan and (3) the outlook for the FED's monetary policy.
๐ As I like to tease, I just added the price structure line (yellow color) of the US dollar index in 3 different TAs including baht and yuan.
โ ๏ธ The result is clear with a strong correlation between the baht and the dollar index. The Baht therefore only follows the dollar, and regardless of the news that has no effect on its trend.
๐จ๐ณ Last week, 2 big positive news from #Beijing were announced in #Asia... almost no western media relayed them. ๐
๐บ๐ธ Today, the #SEC is suing #Binance and #CZ for the 10th time since the fall of #FTX last November... the news is relayed within the hour by all the media. ๐
It's just disgusting. #StayStrongCZ
๐บ๐ธ Today, the #SEC is suing #Binance and #CZ for the 10th time since the fall of #FTX last November... the news is relayed within the hour by all the media. ๐
It's just disgusting. #StayStrongCZ
โ ๏ธ I think it was necessary to explain what the media won't say about why US authorities are hounding crypto exchanges or any crypto-related business, and especially #Binance and #CZ who remains the main target to shoot down. (All opinions expressed here are solely my own)
๐นUS Dollar Hegemony / Global Sovereignty of the US Dollar
The Americans have always done what they think necessary to protect the global sovereignty of their American dollar, up to the worst abuses such as in Libya with Muammar Gaddafi who had started talks for an African currency.
๐นCrypto, a New Threat for Dollar US?
Today, Americans authorities see Crypto as a threat, and after realizing that a blockchain like BTC was unstoppable, they have put in place everything in their power to prevent crypto companies, or crypto-related businesses, to operate on American soil.
The US regional banks Silvergate Bank, Silicon Valley Bank & Signature Bank have been the first victims in banking sector, with a strong message sent to all other banks linked with crypto companies.
๐นAbout the FED (US Federal Reserve & US Central Bank)
The FED is know to be in charge of the American monetary system, but also to protect the world sovereignty of the American dollar, even if everyone knows that the FED is under the total control of the largest Americans (JP Morgan, City, Bank of America, Goldman Sachs...).
๐นAbout the SEC (American Securities and Exchange Commission)
The SEC is in charge of the regulation and control of the financial markets, but has been operating for several months exclusively to legally prosecute all crypto-related companies until bring them down, or at least prohibit them from operating on American soil. Gary Gensler (formerly of Goldman Sachs) is the Alpha of these watchdogs on behalf of the FED.
๐นThe Chinese-Canadian ๐จ๐ณ CEO of #BINANCE and his rival, The Californian ๐บ๐ธ CEO of #FTX.
The fall of #FTX caused last November by the CEO of Binance #CZ, who forced his rival #SBF to declare #FTX bankrupt, could have become a matter of state if the White House and the American mainstream media did not quickly cover up this embarrassing affair, and for 2 major reasons:
1๏ธโฃ The crook of the century Sam Bankman-Fried was the largest donor in the last US presidential election, embarrassing the White House and Biden teams who did everything to cover up the affair. If some media has related this affaire for a while, you won't hear a single word about this case in the media.
2๏ธโฃ Gary Gensler, head of the SEC met several times in his office with the Californian between 2021 and 2022, without having reported the slightest anomaly about the companies #FTX and #Alameda, while many financial experts and crypto media had already expressed strong suspicions several months before their bankruptcies. The other hypothesis being that Gary Gensler simply turned a blind eye to the fraudulent activities of his #SBF interlocutor, of which he could not ignore as there were so many "red flags"!
โ ๏ธ Federal prosecutors have now charged #SBF with 13 criminal counts, including securities fraud, money laundering and campaign finance violations.
๐นRelentlessness of the American Authorities by Vengeance?
These 2 cases correspond to the start of the excessive relentlessness of the American authorities to destabilize #Binance exchange with more than dubious processes, and put #CZ in difficulty, as if out of a spirit of revenge for having brought down the little protected of the White House, and embarrassed the head of the SEC for being completely fooled by the #SBF, or for his complacency in having left #SBF to his fraudulent activities.
๐นConclusion
If Americans want to officially kill Crypto to protect their dollar sovereignty, they want above all #CZ's Head for having humiliating them, and no matter what collateral damage might affect the Crypto market and its investors. If Binance had been a country, it would have been erased from the maps a while ago.
-END-
โ ๏ธ If you have any comment, don't hesitate to post it.
@AlainBKK 08/06/2023 (All opinions expressed here are solely my own)
๐นUS Dollar Hegemony / Global Sovereignty of the US Dollar
The Americans have always done what they think necessary to protect the global sovereignty of their American dollar, up to the worst abuses such as in Libya with Muammar Gaddafi who had started talks for an African currency.
๐นCrypto, a New Threat for Dollar US?
Today, Americans authorities see Crypto as a threat, and after realizing that a blockchain like BTC was unstoppable, they have put in place everything in their power to prevent crypto companies, or crypto-related businesses, to operate on American soil.
The US regional banks Silvergate Bank, Silicon Valley Bank & Signature Bank have been the first victims in banking sector, with a strong message sent to all other banks linked with crypto companies.
๐นAbout the FED (US Federal Reserve & US Central Bank)
The FED is know to be in charge of the American monetary system, but also to protect the world sovereignty of the American dollar, even if everyone knows that the FED is under the total control of the largest Americans (JP Morgan, City, Bank of America, Goldman Sachs...).
๐นAbout the SEC (American Securities and Exchange Commission)
The SEC is in charge of the regulation and control of the financial markets, but has been operating for several months exclusively to legally prosecute all crypto-related companies until bring them down, or at least prohibit them from operating on American soil. Gary Gensler (formerly of Goldman Sachs) is the Alpha of these watchdogs on behalf of the FED.
๐นThe Chinese-Canadian ๐จ๐ณ CEO of #BINANCE and his rival, The Californian ๐บ๐ธ CEO of #FTX.
The fall of #FTX caused last November by the CEO of Binance #CZ, who forced his rival #SBF to declare #FTX bankrupt, could have become a matter of state if the White House and the American mainstream media did not quickly cover up this embarrassing affair, and for 2 major reasons:
1๏ธโฃ The crook of the century Sam Bankman-Fried was the largest donor in the last US presidential election, embarrassing the White House and Biden teams who did everything to cover up the affair. If some media has related this affaire for a while, you won't hear a single word about this case in the media.
2๏ธโฃ Gary Gensler, head of the SEC met several times in his office with the Californian between 2021 and 2022, without having reported the slightest anomaly about the companies #FTX and #Alameda, while many financial experts and crypto media had already expressed strong suspicions several months before their bankruptcies. The other hypothesis being that Gary Gensler simply turned a blind eye to the fraudulent activities of his #SBF interlocutor, of which he could not ignore as there were so many "red flags"!
โ ๏ธ Federal prosecutors have now charged #SBF with 13 criminal counts, including securities fraud, money laundering and campaign finance violations.
๐นRelentlessness of the American Authorities by Vengeance?
These 2 cases correspond to the start of the excessive relentlessness of the American authorities to destabilize #Binance exchange with more than dubious processes, and put #CZ in difficulty, as if out of a spirit of revenge for having brought down the little protected of the White House, and embarrassed the head of the SEC for being completely fooled by the #SBF, or for his complacency in having left #SBF to his fraudulent activities.
๐นConclusion
If Americans want to officially kill Crypto to protect their dollar sovereignty, they want above all #CZ's Head for having humiliating them, and no matter what collateral damage might affect the Crypto market and its investors. If Binance had been a country, it would have been erased from the maps a while ago.
-END-
โ ๏ธ If you have any comment, don't hesitate to post it.
@AlainBKK 08/06/2023 (All opinions expressed here are solely my own)
๐ When the #SEC decides to strike hard... when American #propaganda with #Bloomberg announces a crypto crack without any real explanation... and when all the other media stupidly relay there propaganda... it causes uncertainty and skepticism among investors, including the most influential will sell their bags at the slightest sign of a significant drop in the market, accelerating the fall. However, the price of $BTC has not fallen below its low 4 days ago at $25,434, which shows that the panic effect is only on Alts investors.
Just now (Last 3 x 4-hour candle)
๐น#BTCUSD = -2.68%
๐น#ETHUSD = -5.95%
๐น#ATOMUSD = -14%
๐น#SOLUSD = -17%
๐น#MATICUSD = -21%
Just now (Last 3 x 4-hour candle)
๐น#BTCUSD = -2.68%
๐น#ETHUSD = -5.95%
๐น#ATOMUSD = -14%
๐น#SOLUSD = -17%
๐น#MATICUSD = -21%
โ
Seeing this crack of the Alts on bases as ridiculous as the attacks of this aggressive #SEC ๐ฉ on crypto exchanges remains difficult to accept humanly... so you must keep a cool head and not get carried away by your emotions. ๐ช
BTW, don't worry as this is only the 38th time THE END OF THE WORLD has been announced in crypto! ๐
โ ๏ธ This is not investment advice, but I just bought 60 $ATOM at $8.2 to lower my average purchase price on my bag of #Cosmos tokens.
BTW, don't worry as this is only the 38th time THE END OF THE WORLD has been announced in crypto! ๐
โ ๏ธ This is not investment advice, but I just bought 60 $ATOM at $8.2 to lower my average purchase price on my bag of #Cosmos tokens.
๐ฉ#Bitcoin Quick Updateโผ๏ธ
๐ At least, all the noise made by the SEC clown GG and their US media propaganda has little effect on $BTC. Its price structure remains above the support of the first impulse wave, and the EMA200 plays its support role so far. I'm now waiting for the $BTC to frankly reintegrate its range.
๐ The $BTC is still in the positive since the start the year with +57%, which is one of the best progressions (probably the best) among all financial and stock market assets.
๐ At least, all the noise made by the SEC clown GG and their US media propaganda has little effect on $BTC. Its price structure remains above the support of the first impulse wave, and the EMA200 plays its support role so far. I'm now waiting for the $BTC to frankly reintegrate its range.
๐ The $BTC is still in the positive since the start the year with +57%, which is one of the best progressions (probably the best) among all financial and stock market assets.
โ
SEC's Gary Gensler offered to serve as an advisor to Binance Exchange in 2019. ๐
๐ According to a new filing from Binance's lawyers, SEC Chair Gary Gensler offered to be an advisor to the crypto exchange in March 2019. At the time, Gensler was teaching at Massachusetts Institute of Technology's Sloan School of Management.
โ Breaking: US lawmakers file โSEC Stabilization Actโ to fire Gary Gensler.
๐ United States Rep. Warren Davidson said in a statement: โU.S. capital markets must be protected from a tyrannical Chairman, including the current one. Thatโs why I'm introducing legislation to fix the ongoing abuse of power and ensure protection that is in the best interest of the market for years to come. Itโs time for real reform and to fire Gary Gensler as Chair of the SEC."
๐ According to a new filing from Binance's lawyers, SEC Chair Gary Gensler offered to be an advisor to the crypto exchange in March 2019. At the time, Gensler was teaching at Massachusetts Institute of Technology's Sloan School of Management.
โ Breaking: US lawmakers file โSEC Stabilization Actโ to fire Gary Gensler.
๐ United States Rep. Warren Davidson said in a statement: โU.S. capital markets must be protected from a tyrannical Chairman, including the current one. Thatโs why I'm introducing legislation to fix the ongoing abuse of power and ensure protection that is in the best interest of the market for years to come. Itโs time for real reform and to fire Gary Gensler as Chair of the SEC."
โ
BREAKING: ๐บ๐ธ Federal Reserve pauses interest rate hikes, remains at 5.25% - 5.00%.
๐ Following 10 consecutive increases and a campaign that has lasted more than a year, the Federal Reserve has officially paused interest rate hikes this month. Moreover, the Fed has opted to keep the interest rate steady at its current range of 5% and 5.25%.
_____________________
โ DAMNโผ๏ธ $BTC just plunged again despite the FED pause rate hike. Prince feel to $24,800 before returning just above $25k.
โ ๏ธ We have to wait for the Daily Candle Close to see if the price structure will remain above the EMA200, which is a current support and should therefore be a strong reversal signal.
_____________________
โ They Don't "Like it" but They Buy it. ๐
๐ Did you know that while the SEC is busy suing #Binance and #Coinbase, #Blackrock & the biggest US banks (Bank Of America, Fidelity...) silently bought RECORD amounts of $BTC.
_____________________
โ BRICS: France to Attend 2023 Summitโ๏ธ
โ ๏ธ Even Macron has expressed his desire for the country to start distancing itself from the US, he has never had any other power than to talk to say nothing, or shit, or make promises he has never kept. BTW, all European countries are under the total control of the EU and its more than 30,000 powerful lobbyists, many of whom are there to defend US interests, not to mention the pro-American head of the European Central Bank, C. Lagarde who takes her orders only from the FED.
๐ Following 10 consecutive increases and a campaign that has lasted more than a year, the Federal Reserve has officially paused interest rate hikes this month. Moreover, the Fed has opted to keep the interest rate steady at its current range of 5% and 5.25%.
_____________________
โ DAMNโผ๏ธ $BTC just plunged again despite the FED pause rate hike. Prince feel to $24,800 before returning just above $25k.
โ ๏ธ We have to wait for the Daily Candle Close to see if the price structure will remain above the EMA200, which is a current support and should therefore be a strong reversal signal.
_____________________
โ They Don't "Like it" but They Buy it. ๐
๐ Did you know that while the SEC is busy suing #Binance and #Coinbase, #Blackrock & the biggest US banks (Bank Of America, Fidelity...) silently bought RECORD amounts of $BTC.
_____________________
โ BRICS: France to Attend 2023 Summitโ๏ธ
โ ๏ธ Even Macron has expressed his desire for the country to start distancing itself from the US, he has never had any other power than to talk to say nothing, or shit, or make promises he has never kept. BTW, all European countries are under the total control of the EU and its more than 30,000 powerful lobbyists, many of whom are there to defend US interests, not to mention the pro-American head of the European Central Bank, C. Lagarde who takes her orders only from the FED.
๐ฉ#Bitcoin Quick Updateโผ๏ธ
๐ As expected, $BTC has reintegrated well into its range of 92-day, after this umpteenth attempt by the SEC, major American banks and their propaganda through financial media to kill cryptos, ๐ which unfortunately has affected the Alts market just due to the panic effect caused, and that shows new crypto investors' mistakes who for lack of experience are not yet able to control their emotions, and causing the bad decision-making by selling their assets, often at a loss, just because a so-called CNBC expert or a one year experienced influencer in Dubai, talk about crypto crash, $BTC below $15k, and the infamous "crypto ban" which was #Fakenews spread on social media. ๐ And by the way, $BTC wasn't really affected because technically there was no sign of going down, but the $BTC is held by a majority of large investors as institutions, investment funds & banks, etc. with experienced pro-traders who have learned to control their own emotions in order to avoid any spontaneous reaction, calmly analyzing the market and seeing all the different possible options before to take a decision.
Note: As I have exceeded the maximum number of signs in my text, I must post my TA from $BTC the comments below. ๐๐ป๐๐ป๐๐ป
๐ As expected, $BTC has reintegrated well into its range of 92-day, after this umpteenth attempt by the SEC, major American banks and their propaganda through financial media to kill cryptos, ๐ which unfortunately has affected the Alts market just due to the panic effect caused, and that shows new crypto investors' mistakes who for lack of experience are not yet able to control their emotions, and causing the bad decision-making by selling their assets, often at a loss, just because a so-called CNBC expert or a one year experienced influencer in Dubai, talk about crypto crash, $BTC below $15k, and the infamous "crypto ban" which was #Fakenews spread on social media. ๐ And by the way, $BTC wasn't really affected because technically there was no sign of going down, but the $BTC is held by a majority of large investors as institutions, investment funds & banks, etc. with experienced pro-traders who have learned to control their own emotions in order to avoid any spontaneous reaction, calmly analyzing the market and seeing all the different possible options before to take a decision.
Note: As I have exceeded the maximum number of signs in my text, I must post my TA from $BTC the comments below. ๐๐ป๐๐ป๐๐ป