MultiversX Tracker is Live!

Are we off to a new Crypto Bull Run? I believe so cuz' it looks like it!

All Cryptocurrencies

by COINS NEWS 71 Views

No, this is not a hype, but pretty sure this will overdose you with hopium! Let me tell you why.

  • The U.S. just passed a bill to suspend the $31.4 trillion debt ceiling recently on May 31st. We have just avoided a default that could've been devastating not just for America but will ripple to the world as most of other countries foreign reserves are in $$$. This will give a lot of dormant investors now the confidence to invest again into businesses, making the market healthy again that will also give crypto a green light for the next bull run!
  • Furthermore, the plan for putting 30% on Bitcoin mining was forfeited which was an outright a power trip by the government!
    Imagine, if it had continued and passed, the bill will take a 10% tax on the electricity used by bitcoin and other crypto miners beginning in 2024 with that figure rising to 30% by 2026. Not funny.
  • Also, bigger players in the market are starting to move and are now heavily invested into crypto!
    Let's name them:
    Microsoft
    Goldman Sachs
    Cboe Global Markets
    Paypal
    CME Group Inc.
    Advanced Micro Devices, Inc.
    Mastercard Incorporated
    Visa
    NVIDIA Corporation
    MicroStrategy
    Amazon
    Google
    Ark Invest
    Tesla

And not just that! I'm not done yet.

  • LTC's halving is estimated to be around this coming August 4-5, 2023!
    BTC's halving would be by April next year.
    -
    I may be kind of optimistic but these little information are facts. Feel free to correct them.

How about you? What do you think would be the things that could trigger the next bull run?

submitted by /u/Asleep_Ambassador_66
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments