Since the US has come after crypto:
• Hong Kong has legalised retail trading
• Europe has introduced a new MiCA framework
• UAE and UK are both pushing "Crypto Hub" narratives
• A16z opens a new London office
• Coinbase + Gemini have launched international platforms
• Russia's Sberbank is offering crypto trading
The great migration is upon us..
This is a HUGE week for crypto:
Tuesday:
• US CPI Data
• Hinman Docs Become Public
• SEC's Coinbase Rulemaking Response
• Binance US Hearing
Wednesday:
• US PPI Data
• FOMC Meeting
Thursday:
• US Jobless Claims
• US Retail Sales Data
Volatility incoming.
The US has set the precedent.
Many countries had their head in the sand whilst they were waiting to see how the US approaches crypto.
No one wants to be first to regulate.
Now the SEC has made its first move, I expect many other nations to follow.
It’s a huge week for markets. Kicking it off with a Spaces to discuss:
• Upcoming CPI + macro outlook
• FED bank funding program
• What’s next for #Bitcoin
& more..
@krugermacro, @jasonpizzino, @tedtalksmacro, @Dynamo_Patrick
Set your reminders. 👇
https://t.co/ZnAh07zSyd
Just recorded an important market update video. Lots happening right now!
I cover:
• The FED’s bank funding program
• @cz_binance buying $BTC, $ETH and $BNB
• My trading plans for #Bitcoin and alts
and more..
Watch now 👉: https://t.co/oqXTddYE0e
Goldman Sachs is no longer expecting a FED rate hike in March.
“In light of recent stress in the bankng system, we no longer expect the FOMC to deliver a rate hike at its March 22 meeting with considerable uncertainty about the path beyond March."
👀
CZ’s recovery fund still has $979m worth of assets.
He just announced Binance’s intent to convert the remaining assets into $BTC, $ETH and $BNB.
That’s almost an additional BILLION dollars worth of buy pressure. 👀