SAYING GOODBYE? BREAKING CRYPTO NEWS!! THE SEC JUST DROPPED A BOMBSHELL! WARREN BUFFET DID THIS!

holy smokus it ain't no jok is the SEC just dropped a bombshell on the crypto Market sending shock waves through the ecosystem this could be a total game Cher and might be the nail in the coffin of a specific part of the crypto ecosystem for a while bruss will talk about and it could shift where where things are going not just in in that specific we'll get to that don't worry we'll look at what's happening with the crypto Market Bitcoin and ethereum and we'll talk about what's happening with Warren Buffett what is he doing right and everybody's waiting for with anticipation to the Nvidia earnings happening in about two hours plus minus depends when you're watching this video will the markets pump after it will it dump will it have an effect on crypto not have an effect on crypto we'll talk about all that all I ask is it give me a beautiful smile send out good good vibes right it's summertime we need the Good Vibes right Good Vibes Good Vibes and now let's get into it so currently Bitcoin is sitting at 58733 you know Alex Becker said a few days ago we're never going to see Bitcoin under 60,000 again right and now he's making the joke again Jen good news I have on good word Bitcoin is never going below 55,000 everever again this time I'm 100% sure right nobody knows 100% sure of course he's joking there how people always give predictions that they know exactly what's going to happen when it's going to happen and who it's going to happen right the only people that know exactly what's going to happen are uh people that have Insider information right maybe like the CEO of Nvidia knows right and the CFO what's what he's going to say outside of that nobody knows right um and so things like this we don't know the market will go up it will go down uh it's interesting Bitcoin jumped into the Zone The Red Zone here um there's a little you can see right there's a little bit of freak out in the stock market as well there selloff um it you know it touched the the Red Zone but it hasn't really dipped into the Red Zone here yet uh it's still under 60,000 but so far it's holding this 55 58,000 Zone uh ethereum is backed 2500 so it it dipped down around 10% during that selloff last night now it's a little bit recover covered but in general the crypto Market hasn't been doing great outside of flaky which is doing good um and so that's interesting um you know we're seeing avac down sold down ship down a little bit Bitcoin uh xrp up a little bit mixed bag here JZ me up a little bit it's going to be interesting to see in the next coming hours what happened and Bitcoin we keep seeing these these um massive sorry we keep seeing these I had a a message on my phone I forgot to put it on silent um Bitcoin is we keep seeing these massive uh buy orders on leveraged on bitcoin and then getting shaken out a few hours later there was a $30 million uh leverage position that took got tooken taken out 50 minutes later um you know this is some crazy action right uh long enters long gets flushed plus reenters and then he gets flushed again right so there was some action weird action algo action that you know is trying to flush out people it's very dangerous uh situation right now and listen if you're like a fighter jet pilot a sniper whatever you can you can make money using leverage if you're interested our partner Marx has the airdrop happening now so where you can get up to $5,000 in kaspa but you have to be on it like you have to be in and out there's the the movements are super duper volatile uh in the last few days you have to be careful but again you can make a lot of money but you can lose a lot of money if you're interested check that out in the description down below and you can join also that airdrop uh you know many people want the kaspa the $5,000 in kaspa so that could be yours if you participate in the airdrop uh and it's according to how much you trade but please please please trade responsibly um so there was actually two pieces of SEC news right the first one has to do with Bitcoin has to do with crypto but not so much uh SEC approves new rule requiring mutual funds and ETFs to report portfolio Holdings on a monthly basis rather than four times a year so now we'll have more transparency we'll know what what uh the mutual funds are doing what the ETFs are doing and so we'll have more transparency on that uh and it will you know will give us you more information easier uh uh time to invest in these mutual funds or ETF if we have more information about what's happening with them so you know that's a good update here uh happening um and we're seeing on the flip side Warren Buffett selling so we saw Warren Buffett sell some apple we see Warren Buffett just sold almost a billion dollars of Bank of America shares right um but Berkshire haway just hit $1 trillion right so this is you know a big milestone for for Warren Buffett and Brookshire haway and it'll be interesting to see what does he do does he take all this uh cash that he has on hand now uh and buy some Bitcoin I mean that's a possibility a lot of people are joking that uh is partner Monger didn't like Bitcoin so he never bought but maybe now that he's passed away Munger uh he would come and he would buy some Bitcoin uh with all that cash uh you know I don't think it's gonna happen but it could it could happen uh maybe the next generation of Brookshire hathway um CEOs uh will will do that but not I don't think waren will do that as long as he's in charge uh but uh it's interesting that he's has a lot of cash on hand and could that mean something you know the the stock market is also pulling back the vix is popping here today uh I think if there's a lot of fear what will happen if Nvidia you know falls short right uh it says here it I read that it's a market close uh five you know um three three more hours about two and a half hours from when when we are recording now um so it will be interesting to see what happens with that again and how can this affect uh the crypto market now uh the the big question is this this is a bear trap or are we somewhere here right some people you know most of the interweb and pro crypto people say this is a big bear trap and even if we look at it it's not that you know crazy like I know that it do dropped under 58,000 60,000 once again um but we were just here we were at 56,000 and we were 50,000 you know a few weeks ago so I'm not really this you know this is just another blip on the radar another pullback another bounciness another up and down and up and down you think we've been used to this already but the market gets very excited when we go up and then we get good news we go up and then there's like some bad news ever since the telegram CEO got arrested I don't know the market has been all out of whack uh and you know in a negative way if you're if you're shorting then it's good for you right of course um and so this is a strange situation but maybe everything flips after Nvidia maybe everything flips after tomorrow where we got the job reports and the GDP or the pce I don't know what what everybody's waiting for it could be for October and we're just going to continue to you know see uh this kind of action you know over the next few months until we can potentially in October uh break out there so you know hopefully potentially right we don't know I'm not I'm not a prophet so what was the big news that Gary gansler did justtin SEC issues a Wells notice to nft platform opy threatening to sue citing nfts on the platform are securities bum bum bu right B so listen right this is very peculiar why because last night right Donald Trump put out nft cards and today Gary Gensler suits open SE and declares potentially nft Securities right just a a mosquito here um the SEC targeting open C 24 hours after Trump launches new nft collection is not a coincidence remember when Biden Administration sent 243 Million worth of bitcoin to coinbase immediately after Trump's proposal of strategic Bitcoin Reserve Gary gendler is not here to protect investors they keep doing things like this right um and listen if there are specific nfts that I think that could fall under the security um the how we test right if it's if it's an nft that promises a potential um a revenue share right then I think that maybe that could fall into uh the security um umbrella but if it's just a a JPEG that maybe you know they say well if you you get um I know part I think the issue with it is they're saying any nft that gives something in return to buying it could fall under that uh security umbrella and so that's why maybe they want to take this at to court um we'll see right and it might change the nft ecosystem forever anyway nfts is pretty weak right now right in 2021 it was all the rage people are hoping that if the bull market comes back that nfts will come back too because people will have a lot of crypto and they won't know what to do with it once again right um but the question is what will happen is the is it the same sec in six months is it the same chairman is it different people do they clean house will they pursue this will they not pursue this and coinbase CEO says congratulations and welcome to the club I'm long Wells noticed companies right uh and so this is this is interesting to see what will potentially happen here with open sea nfts and that whole ecosystem is this the final nail in the coffin or is this you know something that will actually put shine on nfts once again because people will be angry and so they'll be you know Revenge buying nfts just to stick it to Gary gendler I don't know but this is you know also saying that if an nft is just without promise of you know something happening if you buy the nft so then the other nfts fall into the same umbrella as for example baseball cards or you know Collectibles or things like that that have value um because people want to buy them you know they have value because they have a market and so then it starts com tricky right so until now they haven't really been able to um to prove that anything is a security in the whole crypto ecosystem so I don't know if they're going to be successful now but this is just interesting and and it threw shock waves into the market um so we'll see we'll see what happens with this it's going to be very very interesting of course not Financial advice and you should always do your own due diligence before you decide to invest don't forget to smash the like button check out the links in the description down below subscribe to the channel and ring that Bell so you can be part of the naughty gang and get those notifications before a new video drops thank you for watching I hope to see you next time and like I always say let's make a lot of money