How’s everyone doing? Been awhile since my last post. Summer has officially come and gone and onward to fall and winter. Starting to chill off for this time of the year. The Pumpkin spice latte lovers come out of the woodworks haha.
Today I want to touch on a couple things happening around the world. The concerns of what’s to come and the crazy times we are witnessing from crypto, war, and elections.
My last post I address couple up and upcoming crypto currencies that I see to have potential moving forward. Addressing mass adoption of crypto and how it could affect the entire market. As investment companies start to line up to get a spot BTC ETF approval. “An exchange-traded fund (ETF) is a type of pooled investment security that operates much like a mutual fund (Chen,2023). ” This would allow people to trade not only Bitcoin but a variety of other selected crypto’s on the open US stock market. Some major investment companies such as BlackRack, Stete Streat, GrayScale and many more have applied for a bitcoin ETF. Waiting for the SEC for approval to adopt and operate such a fund. As mentioned before bringing a lot of liquidity to the marketplace and all of crypto. With the current market cap of all crypto sitting at 1.44 trillion. It is a matter of time before SEC opens the flood gates and allows for all these investment firms approval of Bitcoin ETF’s. All this paired with the Bitcoin halving on its way in 2024 will make for quite the fireworks.
It’s important to understand finances whether you want to or not it’s important. If don’t brush your teeth they will eventually fall out, if you don’t tie your shoes, you’ll trip. If you don’t understand the basic things you use every day, you’re in for a rough time.
24 Election
24 election right around the corner for United States and so far there is really no other announced presidential candidates from the Democratics. I think there waiting to announce their presidency till next year meanwhile, Republicans are battling it out with their front runner not even showing up for the debates. These last couple years US has not really set a strong standard across the board. With the endless spending to Ukraine and focus over in seas with Isrial. With what appears to make US look weak with military allowing trans men to run significant position of power in office. This message sends mixed feeling as for a person that is not sure what gender they were born as since birth, now changing their stance on the biological gender from their own thoughts. Not the person a soldier wants to be next to in a gun fight down range. Not only is war super stressful but, also need to be 100% focused on surroundings and mission when going down range, not how many words offended them that day. Although may look bad from outside looking in, make no mistake that US would be quick to remind any foreign terror that it’s still an awful idea to mess with the big giant. Truth is stranger than friction sometimes.
Conclusion
We went over Grayscale investments on the verge of getting Bitcoin ETF approval. Possibly paving the way for other investment firms to get approval for their ETF’s approved. Bitcoin halving is on the way it’s almost here! do you remember the last bitcoin halving?? Talked about the US presidential race, which it’s not even the election year. With all the media better buckle up cause it’s going be a rough year to watch, see, listen to the amount of media/bs that’s ahead to come. Too much drama haha
I hope that you’re doing well with your life and endeavors. Remember it’s better to be prepared for an opportunity and not have one, than have an opportunity and not be prepared.
Thanks for reading
H
