@0xcryptoshorts.eth
Phill Konieczny 23.09.2024
🔵We are at a crucial point in the sideways trend - if we break upwards, we might be able to consider the recovery phase as finished.
🔵Central banks around the world are massively buying gold—in the first half of 2024, they purchased 500 tons of gold.
🔵Various analysts are giving a 60% chance that a crisis will hit in 2025. The large-scale gold purchases by banks might be an indicator that tough times are ahead.
🔵Donald Trump is currently losing in the polls on Polymarket.
🔵Phill reassures that even if Kamala wins, it won’t be too catastrophic for the cryptocurrency market.
🔵Qatar introduces simple and transparent laws regarding cryptocurrencies.
🔵Germany shuts down 47 cryptocurrency exchanges due to non-compliance with KYC and AML requirements.
🔵Phill reminds to pay taxes on cryptocurrencies, claiming that big data will evolve to the point where governments will be able to track these transactions. Germany is already heading in this direction.