145 - Bitcoin ETFs, Government Shutdowns & a $6.9B Scam: Markets on the Move
Manage episode 513480318 series 3429919
In this episode, we deep dives into the current state of the crypto market after calling the recent bottom live on the show, breaking down Bitcoin’s price action, dominance trends and expectations for October. U.S. government shutdown and why markets historically rally during these periods, while debating the politics, budget delays and how long it can last before pressure hits. The conversation shifts to BlackRock’s approval for in-kind Bitcoin ETF redemptions and why that massively changes self-custody, taxes and institutional flows. We also cover the newest FTX recovery payouts and what “being made whole” really means. We wrap it up with the wild story of a $6.9B Bitcoin Ponzi bust in the UK involving 61,000 BTC, international legal battles, China’s interest in extradition and whether the seized crypto should go back to the victims.
#Bitcoin #ETFs #GovernmentShutdown #BlackRock #CryptoNews #BitcoinPrice #PonziScheme #FTX #Bullish #MarketUpdate #CryptoMarket **************************************************************************** New episodes are posted every Week!!!
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