Market Update - June 20, 2023

"True" USD

Bitcoin’s up 5% today.

Some say that’s because of the new Wall Street crypto exchange and Blackrock’s submission of an ETF proposal.

Did anybody look at what happened with the TUSD stablecoin? 1 billion new tokens were minted out of nowhere on June 15-16, when Bitcoin’s price started its most recent pump from $25,000 to $28,000. Fishy fishy.

Let’s look at what’s going on with TUSD and see what else we need to worry about, along with these topics:

  • Lookin’ for FUD in all the wrong places

  • What’s true about TUSD?

  • No fear, just focus

  • Situational awareness

I strongly advise you to read the TL;DW below and watch the update! This one’s short.

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