Power Crypto Club

2023-03-17 12:47:14 The #FED injected 300 billion last week (added to the Fed balance sheet) to stabilize the system, which explains the very good performance of American stocks despite the tremors in the banking sector.

The Casino cranks back up... but the Fed just gave everyone $300 billion more reasons to buy bitcoin! Ouvert / Commentaire

2023-03-17 12:30:15 Recently asked during an interview, the CEO of #Bitcoin declares: "We don't need the banks anymore." Ouvert / Commentaire

2023-03-17 12:20:06 #Crypto YouTubers and social media influencers sued for $1 billion in a class action lawsuit for promoting #FTX.

The lawsuit is centered around the promotion of the exchange by these influencers. Stating their endorsement came “without disclosing the nature of any payment or compensation.” Subsequently, among those being sued, including Erika Kullberg, BitBoy Ben Armstrong, and “Meet Kevin” Kevin Paffrath.

There have also been many crypto media that have regularly promoted #FTX... Ouvert / Commentaire

2023-03-16 07:04:59 $EGLD is the typical example of a price structure that has all the red flags to avoid any investment in a crypto that could stay definitely at the bottom, or for months until a pump & dump is organized by the strong community of #Elrond, he majority of whom must have heavy bags with tokens purchased at high prices during the 2 successive speculative bubbles. Ouvert / Commentaire

2023-03-16 02:56:53 Federal Reserve to launch 'FedNow' instant payments system in July.

#CBDC is on the horizon... This explains the recent aggressivity and actions of US authorities to kill crypto and stablecoins, in order to clean up the country before the launch of their digital currency.

#FedNow is real-time payment system developed and operated by the Fed Reserve Banks of the US. announced in August 2019 and is expected to be launched in 2023. FedNow allows financial institutions to allow their customers to make instant payments 24 hr a day, 7 days, 365 a year.

https://www.foxbusiness.com/markets/fed-july-launch-new-fednow-system-live-transactions Ouvert / Commentaire

2023-03-16 00:35:38 “Calm down... Calm down!”
Bruno le Maire (French finance minister) is panicking in English to reassure investors when, contrary to what he was saying this morning, the Paris stock exchange plunged into the RED after the bankruptcy of Silicon Valley Bank. (VDO below)

It was also Bruno Le Maire who declared last March "We are going to cause the collapse of the Russian economy". That hasn’t happened yet. Russian gross domestic product contracted by 2.3% in 2022, according to the IMF. Hardly a collapse! Ouvert / Commentaire

2023-03-15 22:20:21 The international reputation for decades of German and Swiss banks for their rigor, their solidity and their financial advice will have been seriously and definitively damaged. Ouvert / Commentaire

2023-03-15 01:46:32 Ouvert / Commentaire

2023-03-15 01:20:24 Interesting price structure and movement... Ouvert / Commentaire

2023-03-14 19:46:32 No crisis for Crypto Stablecoins which are all back on this Monday to their peg 1:1 to $SUD F*** SEC Ouvert / Commentaire