Oh the irony. For most of the last few years, the US political establishment has been concerned about the risk that stablecoins might have for the mainstream financial system. This year, however, it’s been the mainstream financial system wreaking havoc on stablecoins. On today’s episode, NLW discusses Circle’s move from longer-dated Treasuries to repo agreements, as well as Tether’s new Bitcoin purchase plan.
Is there more downside for Bitcoin (BTC) ahead? There are two warning signs that might indicate risk to Bitcoin’s relatively strong 2023.
👾 📧 Subscribe to the weekly Crypto Over Coffee newsletter for alpha, portfolio insights and crypto news! https://cryptoovercoffee.beehiiv.com/subscribe
🔺 This description box may contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission.
⚠️ Important ⚠️ The opinions and information presented in this video are strictly my own, or those of the interviewee featured in the episode, and are not representative of any other individual or entity. The content provided in this video is informational in nature and does not constitute financial advice, advice of any other nature, nor a call to action to purchase cryptocurrency assets of any kind. It is the responsibility of the viewer to conduct independent research and due diligence before making any financial or investment decisions related to the subject matter published on this channel, whether sponsored or unsponsored. Sponsorships, which are clearly disclosed, are informational in nature and do not constitute a call to action to purchase cryptocurrency, nor a direct endorsement from Hashoshi. This channel does not offer the purchase or sale of securities.
Hashoshi is not responsible, directly or indirectly, for any damage or loss caused by, alleged to be caused by, or in connection with the use of or reliance on any content, goods or services mentioned in this published media.
⏰ // Timestamps // ⏰
0:00 Welcome to Crypto Over Coffee!
0:20 More downside for BTC? Two warnings
0:56 Warning #1
2:53 Warning #2
5:20 One positive Bitcoin milestone
5:51 My prediction for BTC and crypto markets
6:29 Major Ethereum Layer-2 gets a HUGE upgrade
8:36 Get more crypto insights with my FREE newsletter!
9:05 This Ripple vs. SEC update is weird
11:58 404: The SEC names 37 crypto projects as securities
15:04 Keyp announces “Game Wallet” for crypto
16:49 Did Ledger really put user funds at risk? Watch to find out
– TIMESTAMPS –
0:00 Intro
1:35 Crypto Market Uncertainty
4:38 Ethereum Unstaking Testnet
7:46 Crypto Regulations Incoming
10:54 Google vs. Microsoft
14:07 US Debt Default
16:39 Ben Cowen Crypto Analysis
28:16 Outro
~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
