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?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments