- Crypto Is Easy
- Posts
- Weekly Rundown - June 23, 2024
Weekly Rundown - June 23, 2024
The ice we skate is gettin' pretty thin
Put your business here!
I’m looking to finalize my next list of sponsors. Put your brand in front of 23,000 active crypto investors by reaching out through the button below!
What a week!
Bitcoin’s price sits right at the “bull market support band.” Experts say we’ll go into a bear market if Bitcoin’s price goes below that line.
Mark, what’s the bull market support band?
I’ll dig into that more deeply in this week’s market update. While you wait for that, get last week’s update from June 18, 2024.
Also, catch the June monthly issue, What Will Save Crypto?
Premium subscribers, check your inbox for Buy/Sell/HODL alerts, too. I’ll have a new altcoin report or two later this summer and more goodies in the coming months.
Scroll down for some content you may enjoy.
Did you miss the alerts and market update? Upgrade to the premium plan now so you get that and:
👀 Direct contact with me.
📈 Video and written market analyses so you can make better investment choices.
🧐 Exclusive altcoin reports and special content to stay ahead of the competition.
Crypto’s Regulatory Struggles
CNBC, a US financial TV channel, interviewed Kraken CEO Dave Ripley about crypto’s regulatory struggles in the US.
It’s light content, only six minutes long, and insightful because Ripley has the inside scoop on what’s going on at the top of the crypto ladder, at least in the US.
Watch the interview:
Bottom line: Tether launched a gold-backed dollar as its first synthetic asset under Alloy, a forthcoming platform to tokenize real-world assets.
My take: I didn’t have “Tether outcompetes Wall Street for centralized RWA implementation” on my bingo card, yet here we are. This is the new competitive landscape for legacy financial entities. With cryptocurrency, anybody can run a financial operation from anywhere. In Tether’s case, they have a head start from whatever revenue they earn and income from $100+ billion in financial reserves (more likely, $70 billion in actual assets and $30 billion in fake ones). Let’s hope those gold reserves are audited!
Why you should care: You recognize the scope of the financial opportunity for real businesses that produce viable products and services with crypto technology.
Relax and enjoy the ride!
Do you want to consult with me or just chat? Schedule time on Tealfeed!
Reply