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Crypto News 08/02 | Tariff Shock Triggers Meltdown, ETH Target Slashed, Wall Street Embraces DeFi
🔴 Sign up for 20% Off Every Spot Trading Fee on Bitget: https://lihi2.com/sWxzC (Limited Offer)
(Bitget is the 6th largest exchange in the world)
🔴 Twitter (Daily AI & Crypto News): https://lihi2.com/S6Ury
🔴 [Follow Me] Stay updated on the latest AI, tech, and crypto trends in just 10 mins daily! Discover the newest money-making opportunities!
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In this episode, we explore the challenges and opportunities in the crypto market. We discuss how global political events, like increased US tariffs, have sparked a major market sell-off, causing the prices of Bitcoin and other top cryptocurrencies to drop. While many individual investors are playing it safe, large financial firms are quietly buying more crypto. This suggests they have strong confidence in the long-term future of the industry. Governments around the world are also rethinking their rules for crypto. For example, the UK now allows everyday investors to buy certain crypto investment products, and Indonesia has changed its crypto tax laws. New government efforts, like the "Crypto Sprint" in the US, aim to create clearer rules for digital assets. At the same time, large institutions are becoming more involved in decentralized finance (DeFi) through projects that turn real-world assets into digital tokens.
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Disclosure:
1. The podcast episode is generated by AI. The sourced content was reviewed and curated by humans.
2. However, the content may contain errors; please verify independently. It is not investment or professional advice. Use at your own risk.
3. If signed up with my Bitget link, I may earn some commission from your trades, but this costs you nothing extra. Bitget pays my commission directly from the trading fees, so you still save the full 20%.
View all episodes
By Harold🔴 Sign up for 20% Off Every Spot Trading Fee on Bitget: https://lihi2.com/sWxzC (Limited Offer)
(Bitget is the 6th largest exchange in the world)
🔴 Twitter (Daily AI & Crypto News): https://lihi2.com/S6Ury
🔴 [Follow Me] Stay updated on the latest AI, tech, and crypto trends in just 10 mins daily! Discover the newest money-making opportunities!
------
In this episode, we explore the challenges and opportunities in the crypto market. We discuss how global political events, like increased US tariffs, have sparked a major market sell-off, causing the prices of Bitcoin and other top cryptocurrencies to drop. While many individual investors are playing it safe, large financial firms are quietly buying more crypto. This suggests they have strong confidence in the long-term future of the industry. Governments around the world are also rethinking their rules for crypto. For example, the UK now allows everyday investors to buy certain crypto investment products, and Indonesia has changed its crypto tax laws. New government efforts, like the "Crypto Sprint" in the US, aim to create clearer rules for digital assets. At the same time, large institutions are becoming more involved in decentralized finance (DeFi) through projects that turn real-world assets into digital tokens.
------
Disclosure:
1. The podcast episode is generated by AI. The sourced content was reviewed and curated by humans.
2. However, the content may contain errors; please verify independently. It is not investment or professional advice. Use at your own risk.
3. If signed up with my Bitget link, I may earn some commission from your trades, but this costs you nothing extra. Bitget pays my commission directly from the trading fees, so you still save the full 20%.