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Crypto Market Update
IA Crypto News Live: Bitcoin Bullish Indicators, Ethereum news, Defi, Tesla and more
0:00 Disclaimer The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
0:30 keep calm and HODL
1:50 China Bans Bitcoin again… “Recently, cryptocurrency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order”
2:30 Raoul Pal 250K BTC and more than 20k ETH “I think BTC goes well above $250,000 in the next 12 months and ETH [ethereum] well above $20,000,” the chief executive officer of Global Macro Investor and co-founder of Real Vision financial and Crypto TV, told MarketWatch.
3:18 Mike Novogratz – Dip Oppty Mike remains bullish on bitcoin over the long-term, shrugging off concerns
Bitcoin down 30% from ATH on April 14 Coinbase’s DPO day
“Markets aren’t supposed to be easy. If they were, we’d all be rich,” BTD is still up over 50% ytd
4:30 And the other Mike – Michael Saylor BTFD
$10.9 million to buy 229 BTC @ $43,663
MSTR now holds 92,079 bitcoins
$2.25 billion spent
Average purchase price of $24,450 per bitcoin.
MicroStrategy shares have tumbled 47.3%
Good times ahead
5:40 Whales Are Stacking Bitcoin
Whales aggressively bought below $43,000
However, the bearish sentiment on May 17 lasted for a very short period, as whales finally decided it was time to buy the dip
7:00 Long to Short Ratio – Pros Going Long Traders moved from a 1.62 long-to-short ratio on May 16 to a 2.74 peak as BTC hit 43K support May 17
Whales and market makers have long positions almost three times larger than shorts – VERY
BULLISH & RARE
9:00 Meanwhile Retail Selling out
Net retail inflows spiked on Monday on Binance
Meanwhile, the U.S. exchange Coinbase continued to register bitcoin outflows, potentially indicating persistent demand from institutional investors looking to buy the price dip
10:15 FS – Warning DeFi is coming for you! Banks offer 0% on deposits
AAVE offers 8%
Only reason people are not on AAVE is they haven’t heard of it, don’t trust it or know how to get on it
11:28 Ethereum Top of Buy List with Palladium
Innrs Rank is updated to provide automated buying tips for investors.
If an Investor were to follow the innrs buying criteria, that would result in a ROI of 7.57%
More automated buy bots are coming.
ETH is now top of the list
DYOR NIA
13:00 Elon Musk responds
Tesla has not sold any Bitcoin
But there is more…
13:05 The Best Revenge is Massive Success
13:20 Tesla News
In Tesla News
13:40 Elon Musk hates shorts
I am hoping this will bring Musk back to the office and focus on FSD
Forget about Doge and SNL
And slamming BTC Envt
You know this aggravates Elon and revenge is best served cold
Teslas are sold out in this qtr and prices higher than ever
Tesla News
14:38 Vitalik Rocks Takeaways
Burnt 90% of 7bn
Saves 10% for undetermined charity
Something similar to CryptoRelief (preventing large-scale loss of life)
15:00 RAAS – Ransomware As A Service
Already double last year
Armies of attackers are looking for you
Most activity on H, Russia-based market
Take time to protect yourselves
Want more?
(you know what to do!)