VOYAGER SOLD. GRAYSCALE BEATING SEC & FED RESERVE WANTS CRYPTO.

Voyager finally gets sold to binance.us but there's a couple of more obstacles are in play. Also, Jerome Powell wants crypto to flourish and NOT to stifle innovation PLUS greyscale is putting it on the SEC in their legal battles.

WHY & WHEN I'M SELLING 80% of my CRYPTO -

• WHY & WHEN I'M SE...

●▬▬▬▬▬▬CELSIUS/VOYAGER TIMELINE▬▬▬▬▬▬▬●

⏰ June 12th, 2022 (11am). Take ALL crypto OFF of Celsius ASAP! -

• WE NEED A CRYPTO ...
⏰ June 12th, 2022 (9pm) - Withdraws FROZEN.

⏰ June 20th, 2022 - 5 Rules set PERMANENTLY on ALL Live Streams

⏰ June 22nd, 2022 - Take ALL crypto OFF of Voyager ASAP! -

• 3 ARROWS CAPITAL ...
⏰ July 1st, 2022 - Withdraws FROZEN

⏰ *"Not your keys, not your crypto" repeated AD NAUSEAUM over 2 years.

0:00 - Market Recap | Topics Overview
2:04 -

●▬▬▬▬▬▬CRYPTO ESSENTIALS▬▬▬▬▬▬▬●

🟧 (100% FREE!) Simplified Crypto Education (EASY!)
🟧 DAN Website ► https://danteachescrypto.com/

🔹🔷 DAN CARDANO STAKE POOL: https://bit.ly/danpool 🔷🔹

🙏 HELP OTHERS THROUGH MICRO-LOANS
🙏 WHY I RECOMMEND & GIVE - http://bit.ly/whykiva
🙏 LINK - http://bit.ly/kivaDANgroup

💰iTrust CRYPTO IRA channel sponsor
💰💰 $100 Sign-Up BONUS & NO MONTHLY FEES!
💰💰I RECOMMEND & HAVE a ROTH IRA with iTRUST
💰💰🛑 Why a CRYPTO IRA? VIDEO 👉 https://bit.ly/danIRA
💰💰💰💰💰 *affiliate LINK - https://itrust.capital/dan

🖌INVEST IN SHARES OF MULTI-MILLION DOLLAR PAINTINGS! channel sponsor
🖌UNCORRELATED Asset w/ 16% Yield Historical Track Record & SEC Compliant!
🖌DEEP DIVE VIDEO Explains Everything 👉 https://bit.ly/DANmasterworks
🖌PLAYLIST OF ALL Q&A's - https://bit.ly/mworksplaylist
🖌Legal Disclosure - https://www.masterworks.com/about/dis...
🖌SKIP WAITLIST *affiliate LINK - https://www.masterworks.art/digitalas...

🚀 Ben's INTO THE CRYPTOVERSE Site (On-Chain, Macro & Strategy)
🚀 LINK - https://intothecryptoverse.com/ref/da...
🚀10% OFF 1st MONTH ANY PLAN (excluding LIFETIME) with CODE: DAN10

⑆ TAKE YOUR CRYPTO OFF EXCHANGES!
⑆ LEDGER (THE ONE I USE) LINK - https://bit.ly/danledger
⑆ HOW TO USE LEDGER - https://bit.ly/DANTEACHESLEDGER

📙 KEEP all your Seeds & Passwords SAFE in a STONEBOOK
📙 Water/Tear/Tamper Resistant + WRITE IN INVISIBLE INK!
📙 WHY I have a StoneBook-

• What I Personally...
📙 (20% OFF!! ) ► https://shieldfolio.com/discount/DAN

🇺🇸CRYPTO TAXES MADE SIMPLE!!! affiliate link
🇺🇸 HOW TO USE Video - http://bit.ly/dantaxes
🇺🇸20% OFF - https://bit.ly/coinledgerdan
(Coupon Code: DAN)

🚶‍♂️🏃‍♂ 😅SWEATCOIN App! Walk/Run and EARN SWEATCOIN
🚶‍♂️🏃‍♂️ FREE to sign up. Earn tokens affiliate link
🚶‍♂️🏃‍♂️ DEEP DIVE Vid - https://bit.ly/DANSweatcoin
🚶‍♂️🏃‍♂️ DOWNLOAD APP! - https://danteachescrypto.com/sweatcoin

📈 FREE BITCOIN CHARTS - https://www.lookintobitcoin.com

🧐 Think it's a SCAM EMAIL? Check it here ⬇️
🧐 https://toolbox.googleapps.com/apps/m...
🧐 How to Use Email Analyzer - https://bit.ly/danscamemail

●▬▬▬▬▬▬▬▬FOLLOW D.A.N.▬▬▬▬▬▬▬▬▬▬●

🐦🔵 Twitter - https://twitter.com/NewsAsset
🆘 DAN DEGEN (2nd YouTube Channel) https://bit.ly/danclips
🆘 DAN DEGEN channel is all about NEW crypto projects - RISKY!!

●▬▬▬▬▬▬▬▬STRATEGIES▬▬▬▬▬▬▬▬▬●

► 5% DEGEN PLAYS - https://bit.ly/DEGEN
► ALL CRYPTO EXITS (OLD) - http://bit.ly/allexits
► 2024/2025 EXIT (NEW) - https://bit.ly/2025EXIT
⭐️4 YEAR CYCLES - https://bit.ly/4yearCycle
⭐️DCA 5 Examples - https://bit.ly/dcafive

●▬▬▬▬▬RECOMMENDATIONS▬▬▬▬▬●

MINDSET - https://dailystoic.com/

●▬▬▬▬▬▬▬▬DISCLAIMER▬▬▬▬▬▬▬▬▬●
#BITCOIN #ETHEREUM #CRYPTO #CARDANO
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.

Voyager boy did I love that platform and uh you know that I talked about it many a time on this channel and now it looks like we're coming to the final resolution as it looks like Voyager is going to be picked up by binance us and this is good news and it's uh it's a long time coming and we just had to be patient and here we are this is what we got this just happened uh yesterday this was an article was updated last night binance the U.
00:29
S can move ahead with plan to acquire Voyager digital's assets judge rules and I gotta tell you before we get going I got to give a hand to judge Wiley uh this is the this is the judge and we're going to talk about this in the article but he set up the SEC Council and said basically what are you doing here why are you trying to disrupt this I'm going to move this this forward if you didn't give guidance that's on you grab some bench you guys are rookies so I give all the props of the world to judge Wiley and it just shows you that
00:56
one person can truly make a difference so here's what we got for the article itself uh so Voyager in a deal with over a billion dollars is going to be going through and again Michael Wiles he is the judge overruled various objections the proposed acquisition uh the judge said he would still work through the confirmation order he indicated he was in favor of approving the deal but binance U.
01:21
S may still have to clear certain regulatory hurdles before the deal can be finalized but it's looking quite positive good news for creditors Voyager lawyers are saying that creditors could potentially make a 73 recovery that's up from 51 percent however people like myself uh regulars from Texas New Jersey who live there have warned those benefits could be significantly dampened if ftx's Alameda research succeeds incline back 445 million in loan repayments made before its own bankruptcy filing in November so there's always a catch but we'll see if
01:54
they can actually do it but all you got to do is just stay positive good things will happen so topics such as whether personal data will be hand over to binance us was a a problem that uh The Regulators and the lawyers saw creditors quiz voyagers financial advisors how to treat exotic kinds of crypto assets how to deal with customers in states such as New York Texas Vermont and Hawaii or regulars don't let binance us operate and uh this is from what I read this what they're going to say if you live in those States they're going
02:22
to give binance U.S so much time to get a money transmitter license if they cannot get it at that time and you are staying in that state then what it's going to be is you're not going to get that crypto you're gonna get the dollar amount for that crypto now how that's going to work remains a mystery to me but I'll update you as soon as I know so then to finish up this article other obstacles to deal mainly placed by worry Regulators wary Regulators appear to have fallen away judge Wiles took a
02:48
dim view of objections from the SEC the hearing which began on Thursday gave various parties and Regulators a chance to object the proposed sale the judge ruled these objections did not make a strong argument or they would not have would have unnecessarily bogged down proceedings this is what I was talking about congratulations to one person who stood up at the SEC he says look if the government wants to litigate that in talking about how the SEC thought the vgx token was a security they can do so but he said look the
03:19
regulars did not choose to do that nor do they give any clear-cut guidance so I'm just going to let this pass and that's essentially what happened and that's what a deal is going forward concerns raised by parties including the possibly the voyager's customer data including Social Security would be shared with binance us and maybe stored an offshore database an attorney representing binance Ed employees would not have access to this type of information or Said No by Nancy was Employee would have access to that
03:48
information so look this is a win I'll take it as a win unfortunately these are the growing pains that we go through so I'm glad this actually happened let me know what you think about that in the comments section and there's some more good news as far as legal matters now if you're unaware uh grayscale Bitcoin trust they wanted to do a spot ETF and the SEC said no because you guys got to prove there's no Market manipulation and I thought to myself in these markets there's no Market manipulation okay SEC sure
04:18
just look at your Banks anyhow uh it looks like grayscale was winning this argument so this is what's going on in the court case thus far so an element of the sec's argument is that grayscale's application lacked data necessary to confidentially determine whether fraud and manipulation the spot markets impacts the future markets judge Rao said it seems the future is price of Bitcoin is a derivative of the asset spot price and they move together 99.
04:51
9 of the time she said the SEC has not provided evidence that grayscale's claims are wrong and that is a positive because if they can say that you guys haven't brought enough information means they can overrule this and I'm surprised surprised grayscale is on the path to getting approved for a spot Bitcoin ETF which I thought would never happen depending on says it seems like there's quite a bit of information on how these markets work together and the commission really needs to explain and how it understands the relationship between
05:18
Bitcoin Futures and the spot price of Bitcoin yes you see denial of grayscale's application to convert grayscope Bitcoin into a spot Mark Bitcoin ETF contradicted previous decisions given the green light for futures again America has greenlit the Futures ETF like is no problem but for some reason that spot ETF just doesn't go through he described the sec's denial as a definition of arbitrary decision making this is the lawyer from grayscale arguing that grayscale spot ETF would pose the same risk of Fraud and
05:49
manipulation that currently approved Bitcoin products that trade on the CME so I like these two stories this is again the legal issues that are presented to ourselves in this market I think it's a step in the right direction as we push back the SEC and then lastly to look at the macro events uh we know that great that Jerome Powell just spoke yesterday and this was a piece that I didn't hear too much about but I found it interesting that Jerome Powell was talking to legislators said hey we have we should
06:24
not stifle Innovation especially crypto here's what he said he goes look we see fraud we see lack of transparency we see run risk lots and lots of things like that in the crypto and digital asset Market as he was talking Tuesday before the senate committee on banking uh the FED told regularly the U.S potentials institutions to be wary and to take great care in the ways that they engage with the whole crypto space meaning they're warning everybody like hey if you're gonna do this just be careful I see no problems with that
06:52
that's actually sound advice quite honestly Powell said that Regulators shouldn't go so far as to hamper technological advancement and that Congress should create a legal framework for digital assets we don't want regulation to stifle innovation in a way that just favors incumbents and that kind of thing hopefully Gary Gensler is watching the show again and he listens to that and hears that from the head of the SEO the head of the Fed chair on Tuesday Powell said the stable coins could find a place in the financial
07:25
service sector if properly regulated people are going to assume when they deal with something that looks like a money market fund that it has the same regulations the money market fund or a bank deposit I couldn't agree more so again three positives looking forward for what's happening in the macro and illegal space but because of Jerome's uh talk yesterday apparently it's from Ben over in his Twitter Twitter account he says look odds of a 50 basis points rate hike in March are now at 72 it's amazing
07:56
when Jerome Powell was talking everybody's like yeah it's just it's not gonna be that big of a deal but now all of a sudden these new numbers come out and it used it was like 32.6 percent that people thought it'd be a 50 basis point hike and like 66 something percent was 25.
08:11
well now that's flipped now everybody's expecting this so it's amazing what one man can do in that space let me just think about that in the comments now let's get into a little bit more of the recession talk because I got to tell you I'm not I think that there's a recession coming but there are some data points that just don't add up and what I'm talking about this is a great article from Bloomberg they talked about how Global liquidity drain is coming from markets and they talk about how there's a one trillion
08:42
rise in Central Bank Reserves boosted by risky assets and the European Central Bank the bank of Japan and the People's Bank of China injections are done so what's they're saying here is that it's just not the FED that prints money it's just America we just print a lot of it we're good at it but it's also these other central banks that within the last six to nine months have injected one trillion into the market and we have to be respectful of just how much money that actually is and that's what they're saying is
09:14
propping up some of the markets so there's some City strategist Matt King he says report published Sunday interventions in recent months undertaken by the bank of Japan People's Bank of China added almost a trillion in essential Bank Reserves the origins of this year's risk rally lion obscure technicals driving Central Bank liquidity at this point we think most of the Boost the reserves is done this implies that the story for the rest of the year should return to being one of liquidity drainage and risk weakness
09:43
because I was always wondering I'm like why is there such a nice little rally going on people would say well it's just a bear it's a bear rally but maybe it has to do with something with these central banks globally injecting a trillion dollars and causing liquidity and we take a look here the central bank balance sheet stabilize and we're taking a look this is in billions so this is 23 26 trillion dollars as we go to the far right side of 2022 in January you can see how it kind of just kind of ticks up and there's even
10:10
more liquidity coming in towards the end of 2021 and in the 2022 and then down here a little bit and then it's a little bit of a pickup right in this way going into the end or December now if we take a look at the Bitcoin price of 2022 actually in 2020 23. you can see that's pretty flat and then just like how there was a little bit of a of a tip uptick which isn't much I mean a trillion considering that we have 23 trillion there but it is enough to do just a little bit in January which is what happened and off the races we were now
10:42
is this going to last while this article seems to think that it doesn't but if it's not just liquidity maybe it's a macro factors and if you're worried about the recession we've talked to death yesterday about the inversions of Treasury yields the 10 and twos but there's two things that we didn't talk about and that was new housing prices and vehicles the things that will lead you in and take you out of these recessions are some pretty big driving factors as far as like the houses
11:09
because think about this as far as construction the houses that are built the people that are employed the agents the construction companies the uh the banks and everybody that's involved with these different houses for sale it's a large part of the economy also the same thing with vehicles but if we take a look here again Ben's website links in the description you can check it out you can see here that if we're looking at houses for sale well first of all what this is is that it's a ratio if the
11:38
example is If the ratio is eight like we have some place over here if the ratio is eight then that means for each new house sold there are eight new houses for sale and if we can take a look here we can see that just looking at like the Baseline just eyeballing it you can see that it looks like the baseline's around four roughly four you got four here four here for here in in the trough what we got over here five four four point eight you got 4.
12:09
7 over here it's roughly around four so for every household you got four new houses and what's interesting is that if we take a look at the last economic crisis the Great Recession and 2007 eight and nine you can see that we had a massive amount of houses and actually down here you had about 7.8 which is pretty like on the lower point and then it peaked out at around 12 or so 12.
12:36
2 so for every house being sold you had a boatload of houses that were just sitting around uh that were not being sold he had 12 houses now it could have you you can't absorb that much unless you have like a super strong economy at that point we did not and then it just went right back down to 7.9 7.8 then it came back up and then it kind of came down to that Baseline of around four if I've taken a look here at where we're at right now I mean we peaked out in July 2022 at 10.
13:06
which is not the all-time high which you saw over here around 12. and right now as of the latest numbers of uh end of the first of January we're again back down to seven 7.9 so this narrative about a recession coming it could very well be but right now it doesn't look like there's a an oversupply of houses right now I think things are slowing down I think the builders kind of figured out like look these rates are going up I think it's around seven percent for a mortgage rate right now and if that's too high then
13:38
people aren't going to want to buy houses on the flip side uh people aren't going to want to sell their houses because why would I sell my house if I then have to get a new house and pay for an exorbitant amount in mortgage rates so I don't see why people would do that I think it's going to drop off at a slower rate and that's just the housing part so honestly it's not looking too horrible so far and then vehicle sales and this is in millions you can see that we're around 11 million in 2010 come
14:08
back over here 12 million so on and so forth then of course in the uh pandemic we only had around oh look at that only only almost 9 million again we're not exorbitantly high we're not super far up there we're at 15 or so million which is a little bit High to say but not awful so again when we take a look at these things and say well the recession is definitely upon us I don't know I'm not for sure I will say this I don't have a crystal ball I don't know where things are going but
14:37
there were some pretty good piece of information that I gleaned from yesterday's comments this is from well there's two one was uh David's kids said no to retail Club access to Simon Dixon shout out to Simon Dixon for the Celsius plan putting together and uh Jackal said this he said look I've been working a second job since October preparing for a recession trying to double up on my house payment and paying off my car my goal is to stay solvent in my Bitcoin DCA and try not to use all my dry powder when and if we get
15:10
a significant dip stay humble stack that since they solving friends and uh I could have said it better myself so look that's it for today's video and uh I know it's a little bit long you know going over the different pieces but I think there's some really good things to glean from this as far as like the legal on the macro as far as are we going to see a recession anybody's guess that's why dollar cost average and just think to myself well I got a two to five year Horizon I think things will be okay so
15:35
that's it for today so first of all thanks so much for stopping by I appreciate it like it subscribe and I'll see you guys on the next one