TL;DR
-
With Biden out, the Dems have an opportunity to embrace crypto, ETH ETFs launch today, Gary Gensler is rumored to be stepping down, and Trump might be about to add BTC to the US’ balance sheet. 🤯
Full Story
Babe, wake up! New crypto narratives just dropped!
Right now, it kinda feels like years are happening in weeks.
And when social/political events happen at an increased velocity, new narratives enter the markets — giving investors new opportunities to try and front run potential future events (aka: invest more $$$)
Here’s the latest batch of narratives:
-
Now that Biden has bowed out, the Democrats have an opportunity to embrace crypto (and vacuum up some of those sweet, sweet political funding dollars that are sloshing around the crypto space right now).
More parties supporting crypto = more investment over time.
-
The Ethereum ETFs are set to launch today! Which means we can all start to track the traditional finance dollars entering the altcoin space each day.
(Adding to the momentum generated by the Bitcoin ETFs).
-
Gary Gensler (the anti-crypto SEC chair) is rumored to be stepping down as soon as February, now that Biden isn’t running.
The potential for a new, pro-crypto SEC chair is enough to send markets into a frenzy at some point.
Oh, there’s that, and…
There’s rumors that Donald Trump will announce his intention to add Bitcoin to the US treasury, when he speaks this Saturday at the Bitcoin Conference in Nashville.
IF (and it’s still a big ol’ IF) that happens, it could set forth a buying frenzy never before seen in the crypto space.
Hold on to your butts.
