XRP She Said Too Much They Didn't Want You To hear All Of This !
Summary
TLDRThe video discusses the potential impact of blockchain technology on financial markets, with a focus on the tokenization of commodities, stocks, and real estate. The speaker highlights a survey indicating that 42% of market participants believe blockchain could become the dominant market infrastructure, while 56% think it could perform the functions of a central securities depository. The discussion also touches on regulatory clarity, the role of private sector in DLT, and the possibility of a digital revolution in finance, suggesting a future where blockchain might transform or replace traditional financial systems.
Takeaways
- 📈 The speaker emphasizes the potential of tokenization of commodities, stocks, and bonds, suggesting a significant shift in financial markets due to blockchain technology.
- 🚧 There are regulatory hurdles to overcome before public stock tokenization becomes feasible, indicating a slower adoption in certain sectors.
- 🏦 The speaker highlights the interest of major financial institutions in blockchain, with 42% of surveyed participants agreeing that blockchain will become the dominant infrastructure for financial markets.
- 🌐 The journey to tokenization may be longer for real estate and private credit due to complex legal frameworks, suggesting a staggered adoption timeline.
- 📉 A 56% majority believe that blockchain could perform the functions of a central securities depository, which is a significant endorsement from within the financial industry.
- 🔄 The speaker discusses the push for regulatory clarity and synchronicity in global legalities, which is necessary for the widespread adoption of blockchain in finance.
- 💡 There's an emphasis on the importance of interoperability in the new financial system, suggesting that fragmentation could be a challenge that certain technologies, like XRP, are poised to solve.
- 💰 The potential for blockchain to transform or replace the role of central securities depositories is a topic of consideration among financial institutions, pointing to a possible existential shift in the industry.
- 📉 The speaker suggests that the rate cuts by the Fed could trigger a brief market rally but also reveals deeper issues in the Global Financial system, hinting at potential future market volatility.
- 🌐 The video script points to a broader global economic slowdown and geopolitical complexities affecting investor sentiment, indicating a cautious outlook for the crypto market.
Q & A
What is the main topic discussed in the video at the 45-minute and 49-second mark?
-The main topic discussed is the tokenization of commodities and the potential impact of blockchain technology on financial markets.
What does the speaker mention about the regulatory hurdles for tokenizing public stock?
-The speaker mentions that the regulatory hurdles for tokenizing public stock are extensive, which is why the opinion for public stock is much lower at 35%.
How does the speaker describe the journey to tokenization for real estate and private credit?
-The speaker indicates that the journey to tokenization for real estate and private credit may take even longer due to their more complex legal frameworks.
What percentage of survey respondents in the video believe that blockchain will become the dominant form of infrastructure for financial markets?
-42% of survey respondents agree that blockchain will become the dominant form of infrastructure for financial markets.
What does the speaker suggest about the current push for clarity on regulations and legalities in the blockchain space?
-The speaker suggests that there is a current rush to straighten out regulations and legalities, with industry powers demanding clarity from entities like the SEC.
What does the speaker hint at regarding the future of central securities depositories (CSDs) in relation to blockchain?
-The speaker hints that there is a possibility that blockchain could replace or transform the role of CSDs, with a significant portion of surveyed financial institutions believing in this potential.
What percentage of respondents in the survey are uncertain about blockchain becoming the dominant force in financial markets?
-42% of respondents are uncertain about blockchain becoming the dominant force in financial markets.
How does the speaker view the current state of the global financial system in relation to the new financial technologies?
-The speaker views the current state of the global financial system as being in a transitional phase, with new financial technologies like DLT and blockchain potentially leading to a significant shift in how markets are structured.
What is the speaker's opinion on the role of private sector in the development of new financial technologies?
-The speaker believes that the private sector is at the forefront of developing new financial technologies and is likely to play a significant role in shaping the future of financial systems.
What does the speaker suggest might happen to the prices of cryptocurrencies if financial institutions adopt blockchain technology on a large scale?
-The speaker suggests that if financial institutions adopt blockchain technology on a large scale, it could lead to a massive increase in the value of cryptocurrencies, potentially causing a 'massive explosion' in their prices.
Outlines
📈 Tokenization of Assets and Market Infrastructure
This paragraph discusses the tokenization of commodities and its impact on the market. The speaker emphasizes the significance of blockchain technology in real-world asset tokenization and its potential to disrupt traditional financial markets. They highlight the regulatory challenges and the varying legal frameworks for different asset classes like public stock, real estate, and private credit. The speaker also touches on the global synchronization of regulations and the rush to clarify these for digital assets. The discussion suggests that blockchain could become a dominant force in market infrastructure, with 42% of surveyed market participants agreeing on its potential dominance.
📊 Market Perception on Blockchain's Dominance
The speaker delves into the market's perception of blockchain technology, focusing on a survey that shows 42% of respondents are uncertain about blockchain's future dominance. They discuss the fragmentation in the market and the need for interoperability, which is seen as crucial for the integration of blockchain into financial systems. The paragraph also covers the potential for Distributed Ledger Technology (DLT) to perform the functions of a Central Securities Depository (CSD), with 56% of respondents believing in this capability. The speaker concludes by emphasizing the importance of the private sector's role in leading the new financial system.
🔍 The Role of DLT in Central Securities Depositories
This section explores the possibility of DLT transforming or even replacing the role of Central Securities Depositories (CSDs). The speaker points out that 52-56% of financial institutions surveyed believe that blockchain could take over the functions of CSDs, which are currently responsible for regulatory certainty, compliance reporting, and asset servicing. The discussion raises existential questions about the future of CSDs in the face of DLT's potential to redesign their infrastructure and operations, suggesting a shift from centralized ledgers to interfacing with blockchain technology.
🌐 The Future of Financial Systems and Cryptocurrency
The speaker speculates on the future of the financial system, suggesting that it may evolve into a conglomeration of interconnected networks where traditional and new financial systems coexist. They discuss the potential for cryptocurrencies, particularly utility coins and bank coins, to play a significant role in this new system. The paragraph also touches on the possibility of using Bitcoin and meme coins as distractions while bank coins gain traction. The speaker concludes by highlighting the importance of being vigilant and prepared for market fluctuations and economic uncertainties.
💹 Bitcoin's Reaction to Fed's Rate Cuts
In this paragraph, the focus shifts to Bitcoin's response to the Federal Reserve's rate cuts. The speaker discusses the short-term boost that the cuts provided to the crypto market, with Bitcoin trading near $62,000. They also mention the broader economic slowdown and geopolitical complexities that are affecting investor sentiment. The speaker includes insights from industry experts who suggest that while the rate cuts might trigger a brief market rally, they also reveal deeper issues within the global financial system, potentially leading to more depressed prices in the long run.
📉 Market Rally and Global Financial System Issues
The final paragraph discusses the temporary market rally triggered by the Fed's 50 basis point rate cut and the subsequent revelation of deeper issues within the global financial system. The speaker cites expert opinions suggesting that the rate cut was necessary for political reasons and to maintain the appearance of stability. However, it is argued that this move could lead to more significant long-term challenges, as it might not address the fundamental economic uncertainties. The speaker concludes by urging viewers to consider the information provided and to act accordingly, hinting at the potential for both opportunity and risk in the current market conditions.
Mindmap
Keywords
💡Tokenization
💡Blockchain
💡Regulatory Hurdles
💡Real World Asset Tokenization (RWA)
💡Interoperability
💡Central Securities Depository (CSD)
💡Digital Asset Airdrops
💡Distributed Ledger Technology (DLT)
💡Market Participants
💡Pilot Regimes and Sandboxes
💡Existential Question
Highlights
Tokenization of commodities and stocks is discussed, indicating a significant shift in financial markets.
Public stock tokenization faces regulatory hurdles, suggesting a slower adoption rate.
Real world asset tokenization is highlighted as a serious development in the blockchain space, involving trillions of dollars.
The journey to tokenization for real estate and private credit may take longer due to complex legal frameworks.
There's a global push for regulatory clarity on digital assets, indicating a need for synchronization in legal frameworks.
42% of market participants surveyed believe blockchain will become the dominant infrastructure for financial markets.
Major financial institutions are increasingly engaging with blockchain technology, suggesting a trend towards adoption.
The potential for blockchain to replace central securities depositories is raised, pointing to a significant shift in financial infrastructure.
56% of respondents believe blockchain could perform the functions of a central securities depository.
The discussion on the future of central securities depositories in the context of DLT raises existential questions about their role.
The possibility of DLT transforming the role of CSDs is considered, with a shift towards overseeing tokenized securities.
The video suggests that the new financial system will be a conglomeration of various technologies and networks.
The potential for bank coins to rise in value as the new financial system emerges is hinted at.
The video suggests that Bitcoin and meme coins might be used to distract from the rise of bank coins.
The video concludes with a discussion on Bitcoin's reaction to the Fed rate cut, indicating a potential short-term boost for crypto markets.
Transcripts
this woman right here told some of the
biggest truth you're you're going to
hear right now period in this video
we're going to start at 45 minutes and
49 seconds and right here she's starting
to talk about the tokenization of
Commodities that is not the important
part let that part let this play all the
way through all right let it play
through she's going to drop something
major on you let's start right here
let's get it going hopefully you you can
hear it opinion for public stock is much
lower at 35% as shown by the great
diamond do the due to the extensive
regulatory hurdles that need to be
overcome before tokenizing public stock
becomes feasible so right now she's
going over you know this is am fief by
the way told you we were going to get to
this video this is am fief she's talking
about how you know they're going to
tokenize bonds Commodities stocks all of
this is coming to what blockchain what's
that going to do to the price who's at
the Forefront of real world asset
tokenization I told you it serious when
it comes to rwa we're talking trillions
of dollars this is not the important
part we're going to get there don't
worry she's going to drop something
major on your head you're going to have
a whole lot of research to do after this
one let's go and hopefully like I said
hopefully you can hear it I turned it
all the way up but she sort of
whispering for the other assets real
estate and private credit they have much
more complex legal Frameworks so the
journey to tokenization may take even
longer so now she's also talking about
the time frames right and trying to
synchronize keep that in mind there's a
differentiation between local
regulations and and legalities and
Global synchronized legalities and
regulations she's talking about the
synchronicity across the globe which
obviously that could take a little bit
more time but what I want you to pay
attention to is everyone rushing to
straighten everything out right now when
it comes to regulations and
legalities just like with the whole uh
uh you know all of these uh industry
Powers coming together to ask the SEC
Hey listen we want clarity asked they're
demanding Clarity on what was it I have
the article somewhere here Clarity on
was uh certain assets or something like
that us lawmakers call for Clear SEC
rules on digital asset airdrops this is
just one thing that they're trying to
force Clarity on right now but why now
why not years before why didn't we have
all this motion before so rapidly we're
going to be getting more and more
clarity right so just keep that in mind
also let's go once again we're going to
get to the important part we didn't get
there yet right the impactful part I
promise you're going to like
it it is important to consider the
extent to which blockchain based
instruments might change how markets is
structured we surveyed Market
participants on how they feel about
these potential about these potential
changes we can see in this chart when
they when asked whether they think that
blockchain will become the dominant form
of in infrastructure for financial
markets 42% of survey respondents agree
what was that
again they contain they're they're not
the first we've heard other big
institutions survey their people the
same way and they also were saying they
believed remember we covered that
article recently a bunch of Industry big
wig said what they believed DT they
believe blockchain will become the
dominant the dominant Force around the
world what did she just
say now in their survey which is a much
small survey but it's on Thief so the
companies that they're talking to are
major companies 42% believe DT will be
the dominant the dominant Force around
the world wait you might say well what
about the rest there were there was a
small percentage that went against I
think it was like 15% went against uh
went against that idea 15% then the rest
of that percentage was like uh we don't
know what they're not going against it
guarantee listen look at what the bis is
pushing DLT IMF right now is on board
with what DLT European Central Bank is
on board with what DLT the Federal
Reserve is on board with what DLT most
of the central banks around the world
are working with what DLT the best
companies in the world right now are
what DT companies 100% that's a fact
that's a fact they've had they've
they've gotten the most work in right
like even AI companies right now they're
just now going through the regulatory
hurdles you see what's going on in
United States with certain states are
going against AI now so they're just now
about to walk through the fire right
because they fear AI of course the power
of AI but we've had years to build
infrastructure we've had years to make
deals we've gone very very far and not
only that now we're starting to
incorporate AI into the DT and
blockchain systems this is getting
bigger than people know faster than
people are ready for but wait we still
didn't get to the good part but she's
just laying it out look at this in just
a few seconds she's just dropping gems
let's keep going folks let her tell
she's going to tell a statement as shown
by the light blue bar whereas 15%
disagree here um 15% disagreed as seen
here the dark blue bar thus producing a
net of 27% of respondents as shown by
the
great there remains however 42% of
respondents who are uncertain that
blockchain will become the Dom 42% I
Told You So I remembered from watching
it earlier 42% uncertain they're going
to come over to this side that 15% is
going to come over also out of
necessity if you want to interact with
the new Financial system you're going to
have to connect to it 100% that's why
they're all going hardcore right now
pushing so hard oh and another thing at
the beginning of the video we're not
going to get to cover before we get to
the impactful part she's going to drop a
bomb here um they talked about
fragmentation guess what we're right
about fragmentation they're going to
need our interoperability very
interesting isn't it let's keep going
structure for fin for financial
markets when it comes to whether DL to
whether DT architecture can perform the
functions of a central Securities
depository a smaller share of what what
was that word she just
said a Central Security
depository wait wait wait wait
wait say it again let's see if if we can
play that again DT architecture can
perform the functions of a central
Securities depository whether DT
architecture can perform the functions
of a central Securities depository wait
one more time architecture can perform
the functions of a central Securities
depository well that was out of
nowhere a
Central Security depository keep going
talk to us smaller share of C
respondents think
so they did you just hear what she just
said
respondents think so at a at
56% 56% of them believe that blockchain
could how does she phrase it wait a
minute could perform the functions of a
central Securities depository otherwise
known as csds or
csds I want to ask you a question folks
globally totally
how much value do they move per year you
know where this is going don't you
trillions of dollars you can't get
around it it is the truth right now
we'll see what happens in the future I'm
not a I'm not a psychic I'm just going
by with the the information at hand they
moved trillions of dollars she just told
you 50% of these big financial
institutions that am Thief surveyed
believe that blockchain could replace
csds if that were to
happen what does it do to that price of
any of them that's involved any of
them ripples deep with them deep with
the bis deep with the
IMF deep with the bank of England do I
have to keep going Quant is deep with
all of them as well and on and on and on
we have these
connections which one which of them is
going to move some of this value and if
they move some of this value I'm asking
a question if they move some of this
value there's no way those prices stay
where they are they just don't let's
keep going she's now she's got to be
fired up talk to us come on let's go
whether DT architecture can perform the
functions of a central Securities
depository a smaller share of Cy
respondents think so at 56% 56% disagree
with the statement wait a
minute you hear that also this is how
certain the big companies
are she said 56% are 100% yes they're
sure
100% no one zero no one disagreed none
of them disagree that it could do it
they just didn't say 100% yes they
didn't they none none of them said no
what does that tell you about the
certainty of the future of these
Technologies who's at the Forefront
Christopher Waller said they on the
private sector the private sector is the
best bank for international settlement
said the private sector is the best
who's the leaders in the private sector
I mean the real private sector that's
not controlled by the
governments the governments you can't
the private sector where you can
actually tell and differentiate between
the government and them who's at the
Forefront of that the new Financial
system let's keep going wait a minute
let's see if there's
more this however means that a greater
proportion of survey respondents 64% of
them remain uncertain
as the various pilot regimes and S boxes
progress in their experiments now that
was a little bit the way she phrased
that let me read that to you from the
transcript so is there's no confusion
she sort of ran one idea into the other
it says here 6 64% of them are uncertain
as the various pilot regimes and
sandboxes progress uh it says in their
experiments such as the UK Financial
conduct authori digital security sandbox
and the European Union's blockchain
pilot uh uh reg pilot regime we may
begin to see more opinions of Market
participants beginning to
shift so you got to read it all the way
through shift the role of
DLT um CSD I'm gonna play it for you
let's play it let me go back just a
little bit bear with me because we're
we're we're uncovering something here
today csds look into it wait a minute
how much value they're movie wait a
minute let's push play blockchain pilot
pilot regime we may begin to see more
opinions of Market participants
beginning to
shift the role of DT in um csds raises a
more existential question into the
future into their future currently they
are responsible what does she mean by
that look how she did that she said the
role of DT um csds is it DT csds did you
just drop did you just say something you
weren't supposed to say I'm just asking
questions maybe I'm wrong but that's
what she said look at the transcript
folks she said DT csds what who's that
if that's if she got that correct or was
it DT um I made a mistake I mean csds
wait what but she's not questioning wait
it says beginning to shift the role of
see that's what I mean look at the
entire sentence participants beginning
to shift the role of DT um csds raises a
more existential question so it doesn't
look like that was a mistake DT
csds oh right right I know I know what
you're thinking right
the future is insane right now right
it's hard for some people to accept it
but this is what they're saying look
maybe it doesn't happen but this is what
the information this is where the
information is pointing us right let's
keep going let's keep
going oh I love I love being a
researcher I love being a detective let
it Play Let's Go Let Her cook
participant beginning to
shift the role of DLT in um csds raises
a more existential question into the
future into their future
currently they are responsible for
providing regulatory certainty
compliance reporting asset servicing
default management procedures and well
established links to corresponding
institutions in other
jurisdictions will DT infrastructure
replace
csds you heard that oh that is the
question a trillion doll question why
would they even ask it if we couldn't do
it you ask yourself that question why
would they even ask it this is a Fe are
the major Banks they're representative
of the major Banks why would they even
ask it if we couldn't do it 50 52 was it
52 or 56% of them believe yes we can do
it and she says she asked the question
will dlts transform the
role of csds wait a minute that means
we're extremely dominant wait a minute
that means we can move those trillions
in quadrillions in value right that
means they believe it they believe it
now about let's put put the regular
people to the side for a minute they're
letting you know they believe DLT who's
at the Forefront keep that in mind that
DLT could take over and could move those
trillions and quadrillions of
dollars you're getting it right from the
horse's mouth how can you debate with
this go analyze it yourself make up your
own minds not Financial advice but
that's what she just asked she would not
ask that if they couldn't and 52 to 56%
of those those big financial
institutions believe that we
could if that's not bullish I don't know
what is folks that's why it's important
to watch these bit videos all the way
through even though yes sure it might
put you to sleep a little bit boring but
that information soon they bury it
always they bury the important stuff in
the middle of these videos when it gets
deep this is almost like uh this is an
hour uh um hour 48 minute video
something like that let's keep going
let's keep going or will they redesign
their infrastructure to adopt new
technology
new she just literally told
people will the dlts now look how that
phrased she phrased that will the dlts
change the role of csds or will they the
csds continue to adopt DLT
technology remember all these years I've
been telling you they were they would
have to out of necessity congeal with
the new Financial system and now now
what she basically did was confirm that
my idea was correct I'm sure many other
people are know this as well but I just
speak for
myself that idea was correct and these
are the two dominant paths either we
dominate and take over completely and we
could I told you we don't need them they
need us look how they have to adapt our
Technologies we don't have to really uh
uh come into an accord with
them except I mean if you if you want to
consider their bully tactic through
their so-call regulations which are
completely corrupt and um out to out of
dat to to be quite honest um that's all
just manipulation you know if they
weren't evil entities who are
manipulating the entirety of their
systems then then we wouldn't even have
to come into an accord with them because
we haven't done anything wrong you get
that so putting that to the side we
could dominate without them but they
cannot survive without us
necessity right let's keep going let's
see if he she says some more oh man this
has been a very very informative uh I
hope you go watch this it's on 's
website if you were in the members only
section I put you on put you put you on
to this a couple days back let's keep
going some believe that DT will
transform the roles of csds where they
essentially remain as an important
intermediary but the operating model
will
transform you just I'mma Play It
Again talk to us intermediary but the
operating model will transform by
overseeing the issuance and registration
of tokenized Securities and integrating
blockchain technology to manage token
life cycle events and shift from
maintaining centralized Ledges to
interfacing with inter again with the
operating model will transform by
overseeing the issuance and registration
of tokenize Securities integrating
blockchain technology to manage token
life cycle events and shift from
maintaining Central now with that there
could be a mic drop right there with
that and their lack of
interoperability and all that value
possibly flowing through we who have the
connector piece who are the bridge um
through all of these various things like
I'm well Diversified you know I have xrp
aloran xlm Quant flare chain link Solana
you know and yeah sure I have
non-utility coins like Bitcoin as well I
have gold Commodities all that stuff
like that but with them that value
flowing through the interoperability the
connector the liquidity that we have and
true Global true Global reach true
Global interoperability this why you see
all the bank coins doing what now
they're starting to come together talk
with each other you think it doesn't go
deeper than the superficial things we've
seen recently of course it does this is
just what they show you the iceberg you
only see the tip of the iceberg the body
of it the greater portion of it is below
the waters we have we just haven't had
an opportunity to Peak below the waters
just yet but it goes deeper the new
Financial system when it's all said and
done will be some sort of conglomeration
some some giant Network and you won't be
able to tell one from the other but
those pieces those
rails right those rails oh the valuable
ride the rails of xrp remember all that
ver verbiage it'll ride the rails of
alaran and
Quant interesting isn't it what happens
if trillions of dollars flowing across
these things what happens if
quadrillions at some point flowing
across these things we've been right A
lot of times along the way we made a lot
of good calls if this happens there's no
way crypto across the board doesn't have
some sort of massive massive explosion
and I'm going to tell you what before we
get into an article or two we'll close
out with some Bitcoin right I feel like
this more xrp utility coin related
bankcoin related news
um but I feel as if they may use just my
humble humble opinion not Financial
advice and you maybe I'm
wrong I feel as if at some point they
will use things like Bitcoin and meme
coins to distract the people have them
looking this way and and those things
may
explode lifechanging I'm talking about
amounts of value possibly and they will
it looks like they're poised to explode
I'm just going to say Bitcoin let me put
meme coins to the side although I don't
they've been going off but Bitcoin
explodes everybody's looking at it maybe
ethereum explodes as well these Legacy
cryptos um the O The Originals they
explode everybody's looking that way
meanwhile over here the bank coins are
ready to take off right and then maybe
they do take off but when they do I
don't think most people will be in
position I don't I don't think so at all
I think they're going to do that when no
one expects it when they're fully
distracted and a lot of things can come
into to that because there's more see
we're looking at the new Financial
system and the Legacy system you know
collapsing in on itself where well well
it's really seems like a controlled
demolition but it's just one variable in
the world it looks like the entirety of
the world is getting a makeover that's
what it looks like to me like they're
bringing down the old system poking
holes in it there's like these holes I'm
seeing and every and everything um that
are being made right and I just don't
see how Society does not change because
of those when you weaken the foundation
of something um there must be a
necessary breakdown of that particular
thing like if I were to come and weaken
all the different structures at the base
of your house your house would
eventually fall um and then that would
be I mean you could look at it one way
negatively or you could look at it as a
way uh positively where now we can
rebuild something in that spot something
better we can build something better um
you know the good side thinks like that
as well as the bad like you you get what
I'm saying like don't think that the bad
side doesn't think like that you know
build and destroy they do they do
opposites are um this is the old ancient
saying opposites are the same they just
differ in degree think about that for a
minute right so they use similar
techniques just to to uh reach
different ends if for lack of a better
word all right so now I'm going to leave
that there we could go deeper into that
video but I don't want to do that the
entirety for this for this video once
again that's a Amie video is titled
digital assets
2024 and not only that I asked the
question days ago why is the cover
titled I want to tell you the title of
this before we get into the we're close
out with this bitcoin news but I want to
tell you this here um look what they
titled it it was something like the long
awaited digital
Revolution yeah look at the thumbnail it
says the long awaited digital Revolution
with a power fist on it that when you
title something like
that it's serious business long
awaited who's who who is it that was
waiting long for this they're not
talking this video wasn't for regular
people this V and they weren't talking
about regular people
they they were talking about the large
financial
institutions that's who this is for this
is who they
serve you can even see with the views
that only have 470 views people don't
know about this this is buried they
could easily promote this is am Thief
they have power they could easily
promote this everywhere and have this
video and you know put it put this in an
ad or something like that and have the
views go up or I don't know reach out to
the media and say hey P pump put this
video on your websites and they they
would do it they didn't only 470 people
saw this if this is not buried I don't
know what is this doesn't sound like
important information people should know
about well I'm putting it out there now
but now here let's close out with this
good folks that was a good article there
and because of that I'm going to have to
skip one two three four five five
articles I have to skip now that we
don't have time we're going to close out
with this a little bit of bitcoin news
all right so Bitcoin was looking good
all right obviously I the uh Fed rate
cut I believe is being received Well for
now for
now right we have to wait some wait a
week or two we'll start to see a little
bit more because there's going to be
reverberations in certain markets of
course when Fed rate Cuts goes up
certain yields uh typically I have to
check on those right now but certain
yields will go down so there could be a
little there could be something uh a new
variable we need to take into account
because of that new information but
Bitcoin is looking good this article was
titled Bitcoin broke
$62,000 after Fed rate Cuts here's what
Traders say will happen next oh is that
well this will be good I I want to I
want to hear what other people have to
say so it says here are 50 basis point
cut by the FED in the first Bitcoin uh
buy by a presidential candidate
who my you somebody people will let me
know people will let me know in the
comment section all right I can't keep
up with everything I have enough
detective work going on says kept
digital Assets in the green during the
East Asia trading day even though some
Market Watchers are skeptical if the
rally has any sort of
legs fed members xess why said I'm going
to watch we have to see there's a lot of
variables here now um but I felt like it
was going to be that initial pop and it
was there you have um fed members expect
median Benchmark rates to come down to
4.4% year end as reported reflecting
some 50 basis point uh for cuts in the
next two Federal open Mark committee
meetings according to the fed's
quarterly economic projection Bitcoin is
trading near $62,000 up 2.4% in the last
24 hours which I saw a lot of other
things were green as well I just looked
at the charts very briefly the coin Des
20 a measure of the largest digital
assets is up
3.4% the Bro crypto Market moved higher
that's what I saw I thought so um Solana
Soul Rose 60% to League game that's
right I did I saw Solana I thought it
was looking good but there confirming it
now I like Solana I'm just saying I'm
just saying folks um Rose 6% to leag
gains among Majors with B&B chains uh
B&B xrp and cardano's Ada Rising as much
as
4.5% um then you have meme coins Doge
and Shino I don't consider on once again
because of everything Shino has done I
don't consider it a meme coin anymore
it's serious business it's a serious
chain a legit chain but it is what it is
right to each his own it says uh an
email comments Chris aulia buybits head
of institution had a mixed view about
the rate Cuts impact on the crypto
market quote the broader global economic
slowdown stipulated by softer economic
indicators what and geopolitical
complexities is tempering investor
sentiment unquote the broader global
economic slowdown stipulated by softer
economic indicators softer economic
indicators all right auler wrote in an
email statement quote therefore while a
0.5% reduction in the fed's policy rate
May provide a short-term boost to the
crypto Market it is crucial to remain
Vigilant regarding the potential
challenges posed by economic uncertainty
and Market fluctuations that part I 100%
agree with
unquote I don't think I mean is this
like a warning or something like that
because at this point the people are
wise enough and they've been wisened up
by the fact that uh money has been tight
for a lot of people across the board um
they're not going to take chances
there's going to be profit taken I
promise you the people are not they're
not sitting there like all right hope
smoking a cigar like I hope Bitcoin goes
to 80,000 right now I doubt it you see
62,000 now and you're probably going to
see volatility if it's not happening
right now as as I'm speaking you're
probably going to see it within the next
week or so because people are going to
take profit they're not going to take
chances in my humble opinion
um that's that's how I look at it you
know I just don't think that that energy
is there in an interview with coind TV
mael strums Arthur Hayes argued that the
rate Cuts as a whole aren't necessary
really I mean there's a a Cadre of
reasons I think that they had to do this
out of necessity one of them is
political you got this political season
going on they have to look good this is
why all of a sudden everybody loves
crypto and you know all of these other
things um and the FED doesn't want to
make the current Administration I would
think look bad so with giving certain
information and such and uh certain
variables that have come to to uh the
Public's attention I think they had to
do this this cut I said this a long time
ago this is why I agreed I thought that
they would do the 50 basis point cut
even though a lot of other entities said
it would be 25 um they did the 50 anyway
and so I think it was it was necessary
for them for those reasons right it says
and a 50 basis point rate cut would
trigger a brief Market rally which it
did but ultimately revealed deeper
issues in the Global Financial system
leading to more depressed prices oh I
like that okay Mr Hayes good job okay I
like that I can agree to that that
that's a possibility 100% sure um good
way to finish strong my coach used to my
coach used to always say that start
strong finish strong and it was very
similar to something my father used to
say to me he said Mick if you start
things the right way you end them the
right way right so that's what I try to
do so I agree with that I like how you
finished that sir all right so now that
you have the information what are you
going to do with it I know what I'm
going to do with it so until next time
everybody let's get to the money
Посмотреть больше похожих видео
Exploring Ripple's New Stablecoin Ripple USD (RLUSD)
Tokenized Assets U.S. Hearing🔥BlackRock vs Hillary🔥
How DTCC Is Leveraging Blockchain for Capital Market Efficiency | The Future Is On Spotlight Series
LES REALS WORLD ASSETS : UN NARRATIF RÉELLEMENT PLEIN DE POTENTIEL ?! - Yrile
The REAL Reason Why Blackrock is Buying Bitcoin
The Insane World of Bitcoin.
5.0 / 5 (0 votes)