Today I want to talk about why Voyager took out a loan from Alameda Research and it has to do with 3 Arrows Capital. Also updates on Bitcoin, US Markets, and Fed Chair Powell.
🟪Buy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus)
💰Earn Interest and DCA Crypto w/ Vauld:
💳Blockfi Bitcoin Reward (1.5% Back in BTC) Credit Card:
🚧Buy Crypto Domain Names with Unstoppable Domains:
🔒Safeguard Your Bitcoin and Crypto w/ Ledger Hardware Wallet
🚨Protect Yourself with NordVPN (69% off)
📊Buy and Trade Bitcoin & Crypto with Kucoin ($1000 Bonus)
🔥CryptosRus’ Best Crypto Exchanges Guide:
🔥CryptosRus’ Best Crypto Deals:
🔥CryptosRus’ Crypto Academy:
🔥CryptosRus’ Merchandise, NFTs and Articles:
➡️Join Patreon for Exclusive Content and Discord Chat:
Follow CRU on Twitter, Facebook, and Instagram
🔖CryptosRus Clips Channel:
🔖Check out the latest News, Articles, and Guides:
🔖TikTok
🔖Twitter
🔖Twitter News Desk
🔖Facebook
🔖Instagram
Official Partners Who Sponsor This Channel:
ITrustCapital, BlockFi, Vauld, NordVPN, Unstoppable Domains
0:00 Intro
0:55 Market Overview
1:30 Investor Concerns
2:15 Worst Since 1932
3:00 Recession Chance
4:45 Supply Chain
5:45 Gas Tax Suspension
8:30 Bitcoin Drawdown
9:30 Exchange Outflow
10:45 Voyager Update
15:50 Zero Fee Trading
18:00 Q&A
🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.
#bitcoin #btc #crypto
While crypto doesn’t fit the traditional stock or bond mould, it shares some similarities with precious metals, such as gold. Because of these similarities, it is possible to purchase cryptocurrencies for cash and sell them as derivatives based on their expected future value. Although there is no physical value to cryptocurrencies, the speculative fever is driving a significant amount of investment activity. Cryptocurrencies rise and fall in price on a constantly shifting demand cycle, and individual investors don’t know where supply and demand will end.
The latest data on the cryptocurrency market has spelled a downturn for the entire sector. Cardano has lost 14% in a week. Recent CPI numbers are a stinging blow to the crypto industry. Cardano, Solana, and XRP all have plunged in value over the past 24 hours. Despite their high price drop, they are still trading above their long-term trendline support. Despite these downturns, some cryptocurrencies are doing well, while others are experiencing significant volatility.
Despite the risks, some companies have begun using crypto in their payment processes. In such cases, crypto is converted to fiat currency before transactions are recorded and kept off the books. This may be the most accessible way to enter the crypto market, as it requires relatively few adjustments across corporate functions. In addition, it serves immediate goals. However, it is important to note that enterprises using limited amounts of crypto are relying on third-party vendors to process the transactions.
While crypto is a lucrative investment option, the risk is high and it’s important to be aware of the risks before you invest. Invest only what you can afford to lose. Experts recommend that you allocate less than 5% of your portfolio to crypto investments. You should also be careful not to invest too much. Even if the price of crypto has tripled in the past year, it is still best to invest only what you understand. This is because the price of cryptocurrency can rise and fall again.
A blockchain is an open database that is managed by nodes, which ensures that transactions are honest. There is no single point of failure in a blockchain ledger, so a single node’s failure will not affect the integrity of the database. Additionally, nodes collectively maintain the database and confirm new entries are valid transactions. That’s one of the key features of cryptocurrency. The future of money transfer is bright. So, what are the benefits of cryptocurrency?
The Bitcoin cryptocurrency was created with a very specific purpose: to act as a payment method for people online. Its aim was to be faster, censorship-resistant, and independent from central banks. Although many cryptocurrencies are designed for this purpose, some of them have expanded their uses beyond payment systems. One of the most common uses of crypto is speculation. As a result, many major companies are now investing in cryptocurrencies and reversing their initial skepticism.
