BITCOIN - FBI WARNS THE BLACKROCK ETF IS UNDER ATTACK FROM NORTH KOREAN HACKERS! (STOCKS CRASH)

holy cow we have some crazy news here today we have news that hackers are stealing or trying to steal funds from the Bitcoin ETFs we have news that the SEC is now suing a fund for storing their funds in FTX we also have Bitcoin hitting fear on the fear and greed index we have news about just no one wanting to buy anything it seems like if if you don't mind hit subscribe turn on the Bell notification underneath the video so you can see future videos just like this also in case you want to trade crypto there's a link underneath the video to Marx where you can start trading in just a few minutes you don't have to kyc meaning you don't have to give out your personal information when you set up an account over on Marx they're also doing a big Caspa giveaway so definitely check that out there's also a link to coin W blof fin weeks all those underneath the video as well in case you want to start trading on those now I will say we are very close to 300,000 subscribers if you don't mind hit that like button if you've seen videos like this or if you feel like you get anything out of this I appreciate it Bitcoin is down throughout the day a little bit but we're starting to come up from the bottoms we were in the $57,600 range now we're up above 588,000 it was a bloody bloody day in the market I actually have a video going over one of the biggest be in the market actually saying we're going to see some pain or we could see some pain over the next 8 weeks there's a lot of pain here today Google down 3.82% we have Nvidia down nearly 10% Apple down 3% Amazon down 1 and a qu% Tesla down 1 and a 12% we went over why that is in the last video but yeah just the worst day that we've seen from Nvidia in a very long time I think the whole chip sector it was the worst day that we've seen since Co but yeah Nvidia with a big down day let's actually show Nvidia stock down 9.53% down another 1.23 after maybe going under $100 per share keep in mind though we have been there in the last month so it's not unprecedented but they actually had a good earning a good earnings report so it's not just Bitcoin uh but Bitcoin does seem to be affected with the rest of the market Google Search terms for Bitcoin hit their lowest level since the beginning of the year I actually could tell views are down a bit people aren't really paying attention to what's happening right now what is going on in the news they're not paying attention to the Bitcoin ETFs there was a lot of Bitcoin ETF hype around here then you know the price go sideways for 6 months people start to tune out fear is in the market though we have Bitcoin hitting fear on the fear and greed index about 26 keep in mind we are still in the upper 50s and this is actually pretty typical from uh from the cycle low to where we are at this point in the cycle we're up 260% at this point in the previous two cycles Bitcoin was up 229 and 315 per. so yes we are right in the middle in both the previous Cycles Bitcoin finished September higher than the end of August so hopefully we get some good uh price action of course there will be a lot of economic data that comes out this month that will definitely influence what Bitcoin does now we have some warnings from the FBI about hackers stealing Bitcoin from the ETFs we have some other news as well about the SEC suing uh someone will get to some of that and some big selling as well the German government selling more than just Bitcoin remember they dumped that $50,000 and Bitcoin they're actually drisking in another way and I'll go through that in a minute but first a word from Helium mobile I know I've talked about this several times but helium mobile is something that you should be paying attention to if you don't already know what this is helium mobile is a phone plan that starts at just $20 a month for unlimited data they actually partnered with the nation's largest 5G Network and the reason that they can create such a cheap phone plan is because they have these mobile hotspots and and uh this is a really interesting thing too you can actually earn some rewards from this where you can create this mobile indoor hotspot or mobile outdoor hotspot and you can actually help power the network so that's why it's so cheap is because they have people that are providing these hotspots and they get rewarded for doing so in Mobile token now mobile token can be used to pay phone plans now they're doing something this summer called the Golden Goose which is a way of getting free tokens basically uh the golden geese will get a push notification from the app and receive 5,000 Mobile in their helium Mobile Wallet any hotpots visited by the golden geese are given a golden egg nft and 10,000 mobile token so this is really interesting if you want to check this out uh I'll leave links to helium underneath the video you can get part of their phone plan and using the link underneath the video you get a free month so even if you already have your own phone plan you can try this in addition to it and then if you like it you can you can cancel your old phone plan and just go for the $20 a month and if you don't like it well no harm done you didn't waste any money and you can also purchase one of these mobile hotspots so that you can get rewarded and you can also power the network now take a look at this the FBI is warning that North Korean hackers are attempting to steal cryptocurrency funds from ETFs in the US they say the Democratic People's Republic of Korea is conducting highly tailored difficult to detect social engineering campaigns against employees of Defi cryptocurrency and similar businesses to deploy malware and Steel company cryptocurrency the North Korean social engineering schemes are complex and elaborate often compromising vict victims with sophisticated technical Acumen given the scale and Persistence of the malicious activity even those well-versed in cyber security practices can be vulnerable to North Korea's determination to compromised networks connected to cryptocurrency as assets they go through um and talk about Target Ted um ETF attacks as well now I'll let you read more of this on your own on your own time and of course if you are invested in an ETF this is something you should be paying attention to right there are obviously going to be attack against these ETFs though since they hold some of them billions and tens of billions of dollars uh of Bitcoin so I think that's always going to be a possibility right they can mishandle Bitcoin just like you or I could mishandle Bitcoin the question is is it safer in their hands or safer in your hands right they probably have black rock probably has a whole team looking after just their Bitcoin ETF right trying to come in every day work eight or 10 hours and make it as safe as possible they have 20 billion in AUM so of course they're going to be people that want to steal it but also I'm sure that they are taking steps to protect their investors it would be a big egg on the face I think if they lost you know a billion dollars multi-billions of dollars I'm sure that they have insurance as well for this but of course there's always a risk right so do your own research on this but this is just fascinating uh to see this spread all around crypto Twitter this is probably even crazier the SEC is charging crypto Focus advisory firm Gallos capital for custody failures but they're suing them for basically storing their funds in F TX Adam Cochran says sure the fund allegedly failed to keep funds with a valid custodian but the SEC also failed to identify the largest fraud in history even when actively engaging with in investigating FTX which is why anyone lost which is why anyone even lost funds in the first place maybe if Gary hadn't been so focused on R random Ico projects and had stopped a 20 billion fraud instead of trying to befriend him for a job then they wouldn't be in this mess this is it's just crazy but the lawsuits continue to happen in crypto Germany Who Sold $50 billion worth of bitcoin well now they're also deleveraging and cutting their stake in Commerce Bank now this is something they bought during the financial uh meltdown of 2008 apparently they own about 16.5% of of this uh the government is stake is worth about 2.5 billion um Euro and looks like they're going to try to sell this they haven't talked about when or how much or anything like that but maybe maybe it's because they want to drisk because of some of the problems that banks are facing maybe it's that you know the bank really is doing really well and they don't need to hold it on their books anymore I'm not really sure I'm not sure what ever know but we do know that there are uh people deleveraging from Banks as well uh individual investors and hedge funds and stuff like that Warren Buffett reduced his stake in Bank of America now of course he's actually done quite well on this but still he's deleveraging his stake he doesn't think that is the time to hold Bank of America to be fair though it seems like everyone's deleveraging today with a NASDAQ down 3.3% let me know your thoughts on this underneath the video I don't know I feel like people are getting bored of buying the dips I've seen some people say that uh on my comments or in my comment section saying you know there's a great opportunity to dollar cost average well I'm sick of dollar cost averaging I thought we were going to go up by now let me know if you're in that situation or if you're enjoying buying the dips or if you're just sitting there on your hands let me know down below thank you so much for watching check out those links to helium as well helium mobile and I'll see you in the next one bye for