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This week in Congress and crypto
(15m) So many people tell me that trading is too hard or impossible. So I figured I would post the short 15m time frame chart as well today Anyone could have traded todays move on the Daily 4h or 15m charts I posted with the Alpha Trend. This is as simple as it gets guys.
. has been quietly improving EVERYTHING 😍 They now support 7 blockchains and have everything you need to scale up your blockchain applications. Get a QuickNode ➡ bit.ly/MyCryptoQuickN…
The side has use cases listed for analytics, NFTs, and dapps. Highly recommend giving them a read if you're interested in picking up a node. And.. even uses a QuickNode for our anti-sweeper-bot service!
The expected life of a: * Company is 18 years. * Building is 100 years. * is 3950 years. Invest in things that are built to last.
Great graph by showing the orchestra of the cycles between the halvings (which are not exactly 4 years but 210k blocks) and seasonality.
BitcoinIRA, a company launched in May of 2016 offering investors a tax-advantageous IRA coupled with the massive returns of , currently has more than 100,000 individual account holders. covers the news:
In a full circle, Kraken, the first to offer Ethereum back in 2015, is now the first to offer Ethereum 2.0 staking to its clients. Clients came in droves; just four days after launch, Kraken hits a key milestone with clients depositing more than 100K ETH 🚀
This week in Congress and crypto: Big week for crypto on Capitol Hill! Senate Banking and House Financial Services will be hosting hearings tomorrow at 10 AM. The Senate will focus on use-cases for crypto while the House will discuss CBDCs. Quick dive into what's at stake...
The Senate Banking hearing is definitely the most noteworthy of the two. Use cases for crypto haven't been a topic explored much in terms of hearings so far, and for many Senators (who tend to be much older), this can be a hard topic to comprehend.
Like the House, there are several crypto champions like and . However, there are crypto skeptics such as and . Most of the other Senators haven't made their position on crypto publicly known.
We will likely hear more fact-finding questions from the majority of the Senators; however, all eyes will be on Sen. Warren who is due to hear back from SEC Chair Gensler this Wednesday on her concerns regarding the state of crypto regulation.
Like most hearings, the Members most knowledgeable (pro-crypto or not) will purposely tailor their questions to the witness that shares their view. Many Senators do this to get the answer they want out for all to hear. This also helps with headlines and media coverage after.
Without a doubt, Sen. Warren's line of questioning will be the most covered at the hearing. This is because of her star power on the Hill as a progressive figurehead as well as her track record of being critical of crypto. Likely all of her questions will be for Professor Walsh.
However, don't sleep on the House Financial Services hearing on CBDCs. This is the second CBDC hearing in 2 months and Members will likely go off-topic and lump in stablecoins and crypto into their lines of questioning. With all the heat on Tether, expect some stablecoin scrutiny
BREAKING: executives are reportedly facing a criminal investigation from the U.S. Department of Justice on possible bank fraud allegations. , report
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." - George Soros on