Today is a significant day for the crypto industry as the value of bitcoin surged to its highest level in nearly three years. Analysts attribute the rise in demand to institutional investors and a weak US dollar, as well as anticipation of PayPal’s launch of cryptocurrency trading. Austin’s Patreon account is offering up to $30,000 in prizes for their giveaway, encouraging people to invest in crypto. Experts caution, however, that the market is still volatile and unpredictable, with fluctuations in value likely to continue in the foreseeable future.
Today is a huge day for crypto! The market has been waiting for this day for quite some time, and it’s finally here. The world is witnessing one of the most significant events in the crypto space to date, and it has everyone’s attention.
The big news is that Coinbase, one of the largest crypto exchanges in the world, is going public through a direct listing on the Nasdaq Stock Market. This means that Coinbase will be the first major crypto company to go public in the United States, and it’s a huge milestone for the industry.
Coinbase’s public debut is a big deal for many reasons. First and foremost, it’s a signal that the crypto industry is maturing and gaining mainstream acceptance. It’s also a validation of the potential of crypto as a legitimate asset class. Coinbase’s IPO will allow traditional investors to invest in the company just like they would any other publicly traded stock.
The timing of Coinbase’s public debut couldn’t have been better. Crypto has been on a tear lately, with Bitcoin hitting all-time highs and other cryptocurrencies following suit. The interest in crypto has never been higher, and Coinbase’s IPO is sure to create even more buzz and momentum.
But the excitement doesn’t end with Coinbase’s IPO. There are other important events happening in the crypto space today as well. As we speak, the world’s largest cryptocurrency exchange, Binance, is launching its own NFT marketplace. NFTs, or non-fungible tokens, have exploded in popularity lately, and Binance’s entry into the space is a sign of their growing importance.
In addition, PayPal is also rolling out its crypto checkout service today, which will allow users to use their cryptocurrency to pay for goods and services at millions of merchants worldwide. This is a significant step forward for crypto adoption, as it will make it easier for people to actually use their digital assets in the real world.
All of these events combined make today one of the most exciting days in the history of crypto. It’s a sign that the industry is evolving and growing, and that it’s here to stay. The future of crypto looks brighter than ever, and investors and enthusiasts alike are eagerly waiting to see what’s next.
A quick video for you to talk about the importance of today today is really the day we’ve been waiting on it’s the uh big day so to speak for all of crypto to see how the next couple of months is going to really kind of you know go
Thank you for your support as always hit that like button and hit that subscribe button if you haven’t already done so my name is Austin I cover crypto every single day and thanks for watching my videos it’s gonna be a real short video here’s the thing today is the fomc
Meeting the Federal Reserve fomc meeting it actually started yesterday the meeting started yesterday and today is the last day but it’s always the second day the last day that we care about because at 2 30 PM Eastern Standard Time by the way I’m gonna be going live on my
Channel probably around two o’clock Eastern Standard Time uh to cover everything that’s going to be happening with the fomc meeting today we’re going to get the decision on what their what the Federal Reserve is going to do as far as the interest rate hike now this absolutely a million percent is a big
Deal to crypto so we will see how this plays out the consensus and kind of the the street is calling for a 25 basis points which is very interesting because that number has gone down uh before February we were expecting a 50 basis points raise in this march today fomc meeting
But you had the landscape changed dramatically uh inflation still showing is hot it’s not cooling as much as we’d want all the the you know the the inflation reports the CPI the pce all that kind of stuff is still showing that inflation is is really obviously here it’s still six percent
And they want to get it to two percent by the way uh it’s still here but it’s the banking uh Fiasco that’s been going on for the last three weeks that may be the wrench in the proverbial kind of uh works right it’s throwing a wrench into
This and so when you have Silicon Valley Bank First Republic and possibly 186 other Banks Regional Banks and other other banks that have similar characteristics and could be going out of business when you have all these all these banking bad scenarios playing Credit Suisse over in in Switzerland
Um that’s what’s entered into entered in a lot of kind of nobody really knows what the number is going to be we’re expecting 25 basis and I think if we get 25 basis points raised from the Federal Reserve today I think you should expect to see crypto go if
It’s 50 you’re going to see it move into the red so it’s kind of a big um X Factor if you haven’t done so hit that subscribe pay attention please um I’m here helping you navigate I’m doing these videos for you guys to make
You guys aware so that you can go on and do your you know do your normal stuff so stay tuned today is a massive big day because this sets the stage for where it’s going to happen at least for the next month if not longer and we get
Indicators from the Federal Reserve when chairman Powell does his speech at 2 30 Eastern Standard Time on what this banking scenario the Fiasco is going to really uh if is is it really going to mess with the works right all right we’ll see you have a good one bye
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