A lot of people saw that clip where the woman calmly says she lost millions in a casino. And honestly, I’ve got one question. How do people keep bringing money for years into a place where the math is already built against them? ➡️ On slots, the chance of hitting a top prize can be around 1 in 7,000,000, and with big progressive jackpots, the odds can go as far as 50,000,000 to 1 And the craziest part? The longer you play, the more the casino edge starts working against you. #casino
$XRP won't go to $10 in one go. I believe we tease $10, then instant Dump to $5. Liquidate the entire retail, cause exchange Crash and supply shock. Then Pump 100,000%+ 🚀 #FedRatesUnchanged
⚡ Arthur Hayes says he has more conviction in Bitcoin than Ethereum over the next 5 years, noting $BTC doubled its prior all-time high this past cycle while $ETH "barely touched $5,000.
🇺🇸 LATEST: Trump reportedly plans executive order to expand retirement access for workers without employer plans. Crypto inclusion in 401k plans still under review, per Bloomberg. #TRUMP
The Senate Banking Committee voted 13-11 to advance Kevin Warsh's nomination as Fed chair, clearing a key hurdle for him to succeed Jerome Powell. $BTC BTCDropsBelow$77K
ROWE PRICE UNVEILS ACTIVE CRYPTO ETF T. Rowe Price, managing $1.7 Trillion, is launching the $TKNZ ETF, targeting 5-15 cryptos including $BTC , $ETH , $SOL , #xrp , #ADA and other altcoins.
CONGRESSMAN BEGICH JUST ANNOUNCED HE HAS INTRODUCED A NEW AMERICAN BITCOIN RESERVE ACT THE US VALUES CRYPTOCURRENCY. WHAT ABOUT YOU? #ArthurHayes’LatestSpeech
The Clarity Act will begin debate in the Senate within a 9-10 week period before the August recess and is expected to be debated in May. Its approval before the recess signals that MEGA BULL will begin in June. $BTC #StrategyBTCPurchase
📈 Bernstein says $BTC 's $60K low marked a cycle trough and predicts a bull market ahead, driven by institutional inflows and record stablecoin supply. #BinanceLaunchesGoldvs.BTCTradingCompetition
A lot of major events are hitting the markets at once, and this could cause a lot of volatility.
1) US-Iran negotiations Today, Iran sent a new proposal to open the Strait of Hormuz and end the war.
President Trump is set to hold a meeting today to discuss negotiations.
Any signs of resuming US-Iran talks will be a good sign for the markets.
2) BOJ decision On Tuesday, the BOJ will announce its interest rate decision.
The market expects a rate pause, so the forward guidance is the most important. After the Hormuz blockade, inflation has started to move up in Japan. Any signs of BOJ tightening in the future will cause sellers to front-run. And if BOJ thinks inflation will be short-lived, markets could pump. 3) Fed decision On Wednesday, the Fed will announce its interest rate decision, which will most likely be a pause. The important thing here will be Powell's press conference, as inflation has spiked a lot since the last Fed meeting. Also, it'll most likely be the last FOMC meeting for Powell as a Fed chair.
4) Earnings report Microsoft, Amazon, Meta, Alphabet, and Apple will report their earnings this week.
These 5 companies account for over 25% of the entire S&P 500, which is a huge deal. If they report strong earnings, it'll be a sign that consumers are still spending and the economy is in good condition. If they report bad earnings, it'll be bad for the stock and crypto market. 5) ISM PMI US ISM PMI for April will be released on Friday. The last 3 ISM PMI prints were above 52, which is a sign of economic expansion. If another such print happens, it'll show that the US economy isn't slowing down despite the war. Historically, if ISM PMI has stayed above 52 for long, it has resulted in a parabolic crypto move.
Conclusion This week is packed with major data, which means volatility could be extreme. Don't use leverage, and keep my notifications on to get the update in real-time.
⚡ The Ethereum Foundation has unstaked roughly $40 million in Ethereum just days after nearing its 70,000 $ETH staking target, according to Arkham. EthereumFoundationUnstakes$48.9MillionWorthofETH