Why the US strategic reserve is a bad thing for crypto.Another Controversial Opinion
Honestly, I’m frustrated with how this is unfolding. Crypto was never meant to be controlled by the USA—it was created as a humanitarian concept to empower individuals, offering a decentralized, anonymous, and universally accessible financial system.
But, as always, when there's money, resources, or anything valuable, the USA steps in to take control.
Take the music industry as an example—one of many sectors transformed (or destroyed) by the US.
Why Is the US Crypto Stockpile a Bad Thing?
Because it goes against Satoshi Nakamoto’s vision.
By aggressively accumulating and stockpiling Bitcoin, the US is making crypto less attractive to the rest of the world. People who assume every country will blindly follow the US are mistaken. What's beneficial for the US is not necessarily good for China, India, Pakistan, Indonesia, or any country competing against US financial dominance.
Unlike gold, which can be mined anywhere, the US stockpiling over 200,000 Bitcoin gives it a massive advantage. Other nations may reject crypto simply because they see it becoming a US-controlled asset.
The Political Weaponization of Crypto
Now, Trump is positioning himself as "The Crypto President"—which, while beneficial under his leadership, means that Democrats will inevitably become the anti-crypto party.
Turning crypto into a political weapon is dangerous in the long run. Is gold tied to a political party? No. So why should crypto be?
Conclusion
Crypto needed regulation, and that’s it.
The US obsession with controlling everything valuable often ends up destroying it.
Let’s not forget: crypto is nothing without its global communities—and where are most of these people? In countries that are actively resisting US financial dominance, primarily in the BRICS nations.
When Trump and his family rug-pulled $1 billion through Trump/Melania meme coins, that money didn’t just come from the US—it came mostly from foreign investors gambling on memes.
This is not what Satoshi Nakamoto envisioned when he released Bitcoin as open-source software for humanity.
The end result? The SPX500 dictates the market, Bitcoin follows, and altcoins mirror Bitcoin. Wall Street is now the puppet master of crypto.
If crypto follows the path of the music industry, billionaires will get richer, but ordinary people won’t. Altcoins will be wiped out, and Bitcoin will dominate everything.
National
Tesla update The so-called "phantom braking" problem is being looked at by US regulator the National Highway Traffic Safety Administration (NHTSA).
It received 354 complaints in the past nine months and its investigation will cover approximately 416,000 Tesla Model 3 and Model Y vehicles from 2021-22.
Drivers say the issue occurs using the Autopilot driver assistance system.
The feature gives the vehicle control over some elements of braking and steering when driving, although it is not a substitute for a human driver.
Despite the name, Tesla recommends drivers remain vigilant and supervise their vehicle, noting the Autopilot ADAS system "does not make the vehicle autonomous".
Tesla is currently under investigation by the NHTSA over two other matters.
In December 2021, it disabled its Passenger Play feature that allowed games to be played on its touchscreen while the car is in motion, leading to an open investigation covering an estimated 580,000 vehicles.
And last August, the NHTSA started to look into the role of the Autopilot system in 11 crashes involving emergency vehicles, covering approximately 765,000 Tesla cars.
WHY ARE YOU NOT SHORT ON NATI YET?We hit the 1.272 extension perfectly
Now the target is at 1. extension at 36.63 USD
Stoploss would be just a little above the 0.854 fib at 51.70 USD.
China National Petroleum(SNP) Prediction using Gann and IchimokuI am predicting it will drop down to the green area and rebound upwards. I made this using #Gann angles and #Ichimoku graphing. I made this on August 9th 2018 at 4:10 P.M.
Textbook Giraffe and Seal in LoveHere you see the typical mating cycle that happens every leap year. We will be looking for possible conception and a birth of new trend. IE The Sealiraffe. Eskimo kisses FTW LETTTSSS GOOOOOO
Unfortunately at the end of this ritual the seal usually ends up gutted by the giraffe. RIP little seal
National BankShares on the wedge down pattern.The price of the shares of National BankShares has formed the wedge down pattern, the price now break the pattern and looks like it will continue to rise. It may be a good oprotunidade to trade some shares of NKSH.
My sugestion:
Entry point: 34.25
Stop loss: 31.39
Profit target: 39.93
Another classic example of buy the rumor, sell the news.Sometimes knowing the general direction of fundamentals will be more than enough in trading, the charts says everything of what the market intended.
News are just meant for distribution of expensive stocks to the average joe.
Had a pretty good trade from this :)
Greece ready to continue back upMy Elliott Count for the Greece ETF is looking ready for an upcoming bull run.
I count us near the end of a wave ii, in an extended wave 3. As all us EW chartists know, this is an ideal spot for entering long, or buying call options.
However, Here is a BEARISH scenario,
where A=C and we are just starting the wave down....
This appears to be in sync with the National Bank of Greece (NBG) in which I have been closely following, here is a chart of that:
Would love to hear from other Elliott wave chartists,