BIG CRYPTO NEWS TODAY | BITCOIN NEWS TODAY

BIG CRYPTO NEWS TODAY | BITCOIN NEWS TODAY

BIG CRYPTO NEWS TODAY | BITCOIN NEWS TODAY

BIG CRYPTO NEWS TODAY | BITCOIN NEWS TODAY

CRYPTO NEWS LATEST UPDATE πŸ”₯

  • We have some big crypto news to talk about in the crypto currency market today. So we’re going to be talking about the SEC. We’re going to be talking about Binance. We’re going to be talking about Vitalik, but we’re also going to be talking about the Bitcoin halving and also the crypto prices.
  • What are some big things you guys need to know in the crypto market today? So, if it sounds good, hit the thumbs up button. The first piece of big news actually want to bring you and our shout out to Ramo in the telegram. He mentioned this to me when he saw the news. But have a look at this. So Binance SEC, very, very interesting developments happening right here. 
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BIG CRYPTO NEWS TODAY | BITCOIN NEWS TODAY

  • In particular, what has happened is the US judge has shut down the SEC, says the agency will not be allowed to interfere with crypto bankruptcy proceedings. And this is really good because you guys know the SEC Gary Gensler. He’s on a power trip right now, basically trying to suit everyone. Your pet dogs, your pet cats. He’s trying to sue them. He’s saying everything’s a security.
  • And right now a judge in the USA has actually shot him down quite a bit with some powerful comments in regards to Voyager. So let’s learn a bit about this. And it says here a judge in the Southern District of New York says he will stop the SEC from interfering with the bankruptcy case by claiming a new crypto asset is a security judge Michael Wiles says he will not allow the US securities in exchange commission to punish executives and advisors, working on proposals to create a new token that would help repay customers.
  • So this judge is basically shutting down the SEC saying you’ve stepped too far out of line and this involves Binance as well. So you guys know Voyager has filed for bankruptcy, but potentially Binance is interested in this. And he goes on to say the judge, he says he needs specifics on why the SEC objects and why it has decided to stop everybody in their tracks with little to no explanation of its concerns. And he says the SEC stance would do nothing but damage, leaving a sword hanging over the heads of anybody who’s going to do this transaction.
  • So basically this judge is coming in and he is saying SEC completely out of line, you know, on a massive power trip right now. And you guys know because Binance is actually interested in this as well. So Binance was potentially looking to acquire Voyager and that was going to help out people who were affected by bankruptcy for this platform. And you can actually see CZAD over on Twitter, he says right here, protect users, build and build, fight is temporary and US bankruptcy judge approves Binance US $1.3 billion deal for Voyager.

BIG CRYPTO NEWS TODAY | BITCOIN NEWS TODAY

  • And you can see the judge again getting quoted because the SEC is basically out of line right now and very, very interesting development. So we’ll buy now and still go through with the Voyager transaction. Not exactly sure, but we’re going to keep a close eye on it because it is a very big story in the crypto space.

BIG CRYPTO NEWS TODAY | BITCOIN NEWS TODAY

  • And hopefully we have judges in the US who want to be friendly to crypto and not looking to just basically shut down everything with what has been happening with the SEC right now. But that is a very, very interesting story. Could it turn the tides of fortune in our favor? We’re going to find out in the future. On top of that, Vitalik Buterin, very interesting story right here, he’s been dumping a lot of the tokens that he’s been gifted over on the crypto market.
  • So it says here Vitalik Buterin has dumped nearly $700,000 worth of tokens. And according to ever scan, a wallet blowing to Buterin on March 7th offloaded 500 trillion Shikoku for $595,000 nearly 10 billion cult down for $91,000 and $50 billion mops for $1,950. You can see some of those big transactions going in right there. And so why is this happening? What is the basis of this? So you guys know who remembers when Shiba Inu actually gifted Vitalik some crypto? A lot of other cryptos kind of copied what Shiba was doing.

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  • And right now, Vitalik is just saying I’m just going to mark itself, all these cryptos. And he’s plummeting the price of a lot of them. You can see right here, Shikoku actually dropped 95%. So we bring up the price of it, Shikoku, see if we can find this one. You can basically see some huge dumps happening on this cryptocurrency. So if this is the correct crypto, most likely is Shikoku, Shik. You can see Vitalik boom, you know, sell this probably on a decentralized exchange and basically dump a lot of the crypto right there.

BIG CRYPTO NEWS TODAY | BITCOIN NEWS TODAY

  • And that’s the impact of Wales. And so some movements are backfiring, but it is again, putting some cryptos on the radar. So I’ve never heard of Shikoku, but there it is, making the headlines today in the crypto market. And also guys, watch out for this. This is the Bitcoin halving. So we’ll we see another big bullish crypto run at once this countdown gets to zero and the Bitcoin halving kicks off again. And if you guys don’t know what this is, it says it right here. A block halving is a process of reducing the rate at which new cryptocurrency units are generated. Specifically, it refers to the periodical halving events that decrease the block rewards to provide to miners.
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BIG CRYPTO NEWS TODAY | BITCOIN NEWS TODAY

  • And you guys know if we go to Bitcoin, Bitcoin is the leading cryptocurrency right now. A little bit of volatility. We’ll talk about the crypto prices soon. But again, it’s making those mining rewards harder and harder to come by, making Bitcoin more and more scarce and potentially more and more valuable. So what do you trust, Bitcoin? Or do you trust the US dollar, which is owned by, you know, the Federal Reserve? And they can just print out as many US dollars as they want. Bitcoin limited supply, 21 million. And it’s going to get harder and harder to mine Bitcoin rewards once this counts down to zero as well. And guys, what else do we need to know about in the crypto market?
  • So I want to update you guys on the macro economy. This trickles into the crypto prices. You guys can see the volatility, the red bubbles behind me. I’m not rattled by this, but again, the whole entire crypto market is down. Why is it down? Because there is some macro kind of spooky spookiness happening in the background.
  • The Federal Reserve, Jerome Powell is talking about aggressive rate hikes, the interest rate hikes are still going to go up. You can see right here, BlackRock says the Federal Reserve could hike interest rates to a peak of 6%. And this is kind of spooking the market. So the market is a little bit worried, you know, companies are crooning lots of debt, lots of interest payments and that trickles down into the stock market. The stock prices go down and that sometimes can trickle down into the crypto market as well.
  • But watch out for that. So that is a big macro thing. There has been some hawkish talk coming out of the Federal Reserve. And that’s what we need to factor in to the long term. So I do think I’ve always said at 2023, I’m expecting volatility on the crypto market. What do I mean by that? I mean, you know, these interest rate hikes could continue to go up. That’s going to create volatility in the stock market, volatility in the crypto market. But again, you know, when I look at the crypto bubbles, even though it’s red, I’m a believer of the technology in the space.
  • And I do think there’s lots of good crypto projects out there that will survive, you know, this volatility that we’re potentially looking at in the market. And if we have a look at the Bitcoin price today, so down 1.9%, that’s kind of pulling down the rest of the crypto market. B&B retracing slightly, XRP up 1.9%, so is that potentially linked to the news and not the judge, you know, shutting down the SEC in the Voyager case right there potentially ship down 3.4%, whereas Lunar Classic sitting today. So Lunar Classic down 4.9%. So even though there is some volatility in the crypto market, guys, they’re going to be staying bullish. They’re going to be staying long term.
  • And I’ll be researching crypto gems as well. If you guys haven’t seen the video from yesterday, make sure to check out the video about trial, very, very interesting crypto. Want to just learn about so always remember on the channel, you don’t have to buy any crypto currencies, good to learn, good to explore, have that growth mindset. But that is a very cool crypto.
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