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🤑Bitcoin VS Banking system 📈 FED PUMPS the entire crypto market
#bitcoin #usdc #federalreserve
In this video, we're going to be discussing the recent banking failures and how the crypto market is reacting after the Fed and President Biden responded to the situation.
Bitcoin and the crypto market are both booming right now, and there's a good reason for it. The banking system is collapsing all over the world, and bitcoin and the crypto market are benefiting from it.
We have this and more to cover in today's show, don't miss it! Thanks for watching!
Hey baby welcome!xo
00:30 What happened over the weekend?
07:25 The entire crypto market
09:00 Crypto total market cap chart analysis
09:40 US dollar #dxy chart
10:10 #btc weekly, daily, 12h & 4h
11:00 BTC CME futures chart
12:05 USDC re-pegs
13:20 #gemini has no exposure to SVB
16:25 How the fed rug pulled the banks
18:05 BTC pumped on plan to protect all SVB depositors
21:15 SVB execs sold shares before collapse
22:30 SVB CEO cashed out before collapse
23:10 Circle's USDC reserves are recoverable & new banking partner
24:30 HSBC bank buys SVB UK arm for £1
27:55 FDIC shuts down Signature bank
30:05 #coinbase #paxos & #celsius had exposure to SVB
32:30 #ripple had some exposure
33:20 Exchanges halt bank stock trading
36:00 Binance helps stabalize crypto market
39:00 Biden's response to the situation
46:00 FED fund for backstopping banks
49:00 IMF warned G-20 countries about crypto affecting banks
Thankyou all for joining us today! LIKE - SHARE - SUB xo
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Disclaimer: Please be advised that I own a diverse portfolio of cryptocurrency assets, and anything written or discussed in connection to cryptocurrencies– regardless of the subject matter’s content– may represent a potential conflict of interest. I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES ONLY. Nothing that I write or discuss should be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice. Nothing should be interpreted as a solicitation to invest in any cryptocurrency, and nothing herein should be construed as a recommendation to engage in any investment strategy or transaction. Please be advised that is in your own best interests to consult with investment, legal, tax or similar professionals regarding any specific situations and any prospective transaction decisions.
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#cryptonews #crypto #cryptowendyo #bitcoin #ethereum #syscoin #xrp
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