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- May 2024 - Market Overview - Gensler-Warren Crypto Fail. Ultimate Investor’s Guide to The Historic Ethereum ETF
May 2024 - Market Overview - Gensler-Warren Crypto Fail. Ultimate Investor’s Guide to The Historic Ethereum ETF
Edition 84 - The Elite Cryptocurrency Investment Strategy Newsletter
PREMIUM NEWSLETTER FOR PAYING SUBSCRIBERS (Released every Thursday each week).
Before we crack into the fleshy parts of this week’s newsletter…
Here’s a meme addressed to everyone who said an Ethereum ETF wouldn’t be approved this month (including me 😂) for your enjoyment
An Ethereum ETF has awoken the altcoin market…
A quick brief -
Epic fail. Democrats turn on Gensler-Warren’s Crypto War
Our Investor guide to the Ethereum ETF: The Questions that need to be asked.
Is this the right time to buy Ethereum?
Approved, or is this just more smoke?
Has ETH/BTC finally bottomed?
Buy the rumour sell the news discussed
The Beta plays for your portfolio
Let’s crack in!
Ok, so it’s January 2024.
A spot Bitcoin ETF has just been approved and you melt your entire portfolio into XRP…
Remember that feeling when you saw Bitcoin racing to new all time highs but your treasured alt (XRP) only goes sideways for 6 months
You now think how obvious the play was in hindsight
Most people missed the play, or were misallocated, and would do almost everything different if they had their time again
Well, now you have that chance
If you feel like your portfolio is constantly on a rollercoaster and you’re chipping away at profits chasing pumps, and losing control of your emotions…then read our free 2024 report here - https://cryptoconsultinginstitute.com/golden-age-of-bitcoin/
Further down I’ll share my investor guide to conquer this surprise ETF approval for Ethereum…
Firstly, I want to highlight the shifting sands in Washington DC that made this about-turn possible…
Crypto has begun to shape elections
May has been a wild Month, even by Crypto standards…
And for Gary Gensler of the SEC & Elizabeth Warren, it has gone from bad to worse
If you weren’t aware, Elizabeth Warren (a powerful sitting US Senator), is a leading advisor of Biden’s financial policy and is the architect of the “Anti-Crypto Army”
With Gensler and Warren in cahoots, they have chosen to thwart the Crypto industry at every turn
So…
After a wildly successful Bitcoin ETF, and an increasingly polarised political climate, anything Ethereum was relegated until after the US Presidential election
All reports coming out of the SEC were - No chance lance in May.
But then this happened….
And then this…
High ranking Democrats crossed the aisle to vote with Republicans to repeal an act, SAB 121, that actively hindered greater corporate adoption of crypto in the US
A repeal, that Biden’s team said they would veto if it passed the house and the senate.
Well, it did, with bi-partisan support.
Over to you Biden…?
It has been argued that this sudden shift on ETH was not political, but when you consider this isn’t an election that Democrats appear to be winning, with swing states all leaning toward Trump…EVERY vote counts
It appears to be a massive own goal for Democrats who are winning ZERO votes by fighting crypto and are losing swathes of eligible voters with their hostility
The GOP rightly have positioned themselves as the Crypto party to win free votes.
Then, suddenly…
Coincidence? I’ll leave that up to you to decide.
Bitcoin and Crypto appear to be shaping arguably the most important election in the world.
The SEC already lost their legal footing in court and the White House is in damage Control.
Game Over.
An Investor’s guide to the Ethereum ETF:
The Questions that need to be asked. Our Insight.
Is this the right time to buy Ethereum?
I’m going to give you my personal answer. Yes.
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