Things Have Turned Bullish!🐂
Big crypto news: Bitcoin pumping, Ethereum ETF approval confirmed, Trump chooses pro-crypto vice president
Hey Thinkers 💡
Bull market vibes are here! The crypto market is back on the move upwards again and I am very bullish on what’s going to happen over the next 9-10 months.
Bitcoin Pump
Bitcoin is seeing a v-shaped recovery with the price climbing to over $64,000 and the daily RSI on the rise.
This confirms Bitcoin found its bottom at the $53,000 price point and is potentially now on the move to new all time highs.
Some other factors that are very bullish for Bitcoin include the DXY continuing to breakdown, upcoming Ethereum ETF approvals, Bitcoin ETF inflows on the rise again, and BlackRock CEO Larry Fink back on TV promoting the benefits on BTC.
Ethereum ETF Approval
Yesterday, multiple ETF analyst confirmed that the Ethereum Spot ETFs will launch next Tuesday July 23rd. This is very bullish for Ethereum and the Altcoins. Here is a tweet from Bloomberg analyst Eric Balchunas.
Donald Trump Pro-Crypto VP
It is no secret that Donald Trump is pro crypto. Yesterday Trump annouced his selection of crypto-friendly Senator J.D. Vance (R-Ohio) as his vice presidential candidate.
“After lengthy deliberation and thought, and considering the tremendous talents of many others, I have decided that the person best suited to assume the position of Vice President of the United States is Senator J.D. Vance of the Great State of Ohio,” Trump wrote on social media app TruthSocial.
This is incredibly bullish for crypto and will be hugely impactful if Trump were to win the presidency once again.
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📰 Latest Crypto News:
Uniswap Labs publicly launches wallet browser extension supporting 11 blockchains - source
BitSo partnered with Lightspark to integrate the Lightning Network for its customers. This collaboration promises Bitso’s 8 million customers and 1,700 enterprise clients near-instant, cheaper bitcoin transactions. - source
Jack Dorsey’s hardware wallet Bitkey to integrate MoonPay for bitcoin purchases - source
Japan's Metaplanet buys additional $1.2 million worth of bitcoin, shares surge 26% - source
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📺 Recent Interviews
Avichal Garg, co-founder of Electric Capital, joined me to discuss raising $2 billion and investing in crypto.
DeFi Technologies bought 110 Bitcoin and added it to their balance sheet. Russell Starr, Head of Capital Markets at Defi Technologies gives the details.
Austin Campbell joined me to talk Crypto’s impact on politics, SEC Gary Gensler, Elizabeth Warren, Tether USDT FUD and much more.
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📖 ReThinking Crypto Book
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-Tony