Markets Melting! Is Crypto Dead? Bear or Bull Trap? Last Week Crypto

This is another episode of a weekly cryptocurrency news series called Last Week Crypto.

We cover the latest global news stories affecting the cryptocurrency markets May 16th through the 22nd of 2023.

======== $25 Worth of FREE Crypto from Crypto.com ========

♥ BlockFi: Earn Interest on Your Crypto – https://blockfi.com/cryptocasey

♥ Crypto.com Signup – http://platinum.crypto.com/r/cryptocasey – Type in Referral Code: CryptoCasey and we both get $25 ?

♥ Coinbase – Receive $10 of FREE BITCOIN when you use this link to sign up for Coinbase and invest $100: https://www.coinbase.com/join/57605a33b9140001c900020b

♥ BC Vault Crypto Hardware Wallet Link – https://bc-vault.com/shop/bc-vault/?wpam_id=22

♥ Ledger Nano X & S Hardware Wallets: https://www.ledgerwallet.com/r/befe

♥ Link to Join Ivan on Tech Academy at a Discount – https://academy.ivanontech.com/a/30997/8Vj9oDiu

♥ Link to Apply to Crypto Casey Beta Course – https://CryptoCasey.com/Beta

♥ Link to Choice Bitcoin Retirement – https://www.retirewithchoice.com?kid=1B8081

To check out the links to all of the articles we discuss, go to https://CryptoCasey.com/Last-Week-Crypto

======== VIDEO SUMMARY ========

This week we will discuss reasons for the monster dip, including China FUD, regulatory FUD, and the mass liquidations that sent the market into a tailspin, who’s buying crypto, and why this event may actually have been a big win for crypto in the long run.

00:00 – Introduction
00:44 – Crypto.com
01:10 – Wednesday AMA
01:57 – Market Movements
02:20 – China bans financial institutions from crypto
03:01 – China Hammers Bitcoin with Miner Crackdown
03:35 – Hong Kong to restrict crypto exchanges
04:04 – China Reiterates Bans from 2013 and 2017
04:50 – Centralised Authoritarian Gov doesn’t like Bitcoin
04:47 – China Bitcoin Ban Chart
05:13 – SEC chair Gensler says agency will enforce new rules
06:26 – New OCC head requests review of crypto rules
07:32 – US wants crypto transfers over $10k reported to IRS
08:40 – US Fed, OCC, FDIC to set up team for crypto
09:00 – Stock Market Dip
09:09 – Elon Musk Tweets
09:40 – Crypto Will Become Immune to Elon
10:12 – BlockFi Credits Users with too much Bitcoin
10:55 – Crypto meltdown turbocharged by leverage
13:06 – Buy a Hardware Wallet ASAP!
13:25 – Protect Your Ability to Generate Income
13:42 – Crypto Hedge Funds Buy the Dip
13:57 – Institutional Bitcoin Buying Spiked during Crash
14:41 – Whales Manipulate News Articles
15:08 – Lessons from 2017 Bull Cycle
15:26 – Traditional Market Experts Bullish on Bitcoin
17:01 – Bullish Charts
18:30 – Why Bitcoin Crash Was a Big Win for Crypto
19:47 – DeFi didn’t go down
20:59 – Outro

======== LINKS TO ACCESS SITES SAFELY ========

♦ Coinbase – Receive $10 of FREE BITCOIN when you use this link to sign up for Coinbase and invest $100: https://www.coinbase.com/join/57605a33b9140001c900020b

♦ Kraken Exchange Link: https://r.kraken.com/r5XmG

♦ KuCoin Exchange Link – https://www.kucoin.com/ucenter/signup?rcode=2Q2fbRg

♦ Binance Signup Link: https://www.binance.com/?ref=11055137

♦ Bittrex Signup Link: https://bittrex.com/Account/Register?referralCode=M0U-UDK-WU5

♦ Coinmama Signup Link – https://go.coinmama.com/visit/?bta=51862&nci=5343

♦ BitBuy Canadian Exchange Link – http://go.bitbuy.tech/aff_c?offer_id=3&aff_id=1007

======== ESSENTIAL CRYPTO RESOURCES ========

♦ Recommended Malware Protection for Computer & Mobile Devices:
MalwareBytes Link – http://www.tkqlhce.com/click-8628825-12849560

♦ Recommended Encrypted Email Account for Managing Cryptocurrency Accounts:
ProtonMail Link – http://proton.go2cloud.org/SH1f

======== SOCIAL MEDIA LINKS ========

● Twitch – https://twitch.tv/cryptocasey/

● Facebook Page – https://www.facebook.com/cryptocasey/

● Twitter: https://twitter.com/cryptocasey

● Instagram: https://www.instagram.com/cryptocasey/

● Telegram: https://t.me/cryptocaseychat/

● Business Contact – [email protected]

● Website – https://CryptoCasey.com/

● Podcast – https://cryptocasey.buzzsprout.com/

======== DONATIONS ========

♥ BTC – 12XfdCJqEuRRzMrcD1YaE5kHeSShdkcW3G

♥ ETH – 0xf94c719621E358890Dd33dD010a1fb4717EbdaE4

Markets Melting! Is Crypto Dead? Bear or Bull Trap? Last Week Crypto

Related Post:

About The Author

Kane Dane