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Trump Endorsing BTC?
BTC Crashes Then Rebounds, Cali Housing Crash Is Getting Closer, XRP Making Moves And More...
The Daily Ninja 6/25/24
Updates From The Economic Ninja
(6/25/2024)
Learn more about Bitcoin and trading crypto in Ninja’s *Crypto Trader Pro Course*
(6/24/2024)
📉 California real estate is about to experience a crash on a percentage level that it really hasn't ever seen before next to the Great Depression.
💰 Hedge funds and retirement funds are based completely off of debt, and when investors start to freak out, they become net sellers of real estate.
🏠 The California real estate market is more fragile than any Market in the country because it is always the one that has the biggest punch right.
🏘️ The surge in multifamily homes built in the last 10 years is unprecedented in the history of the country.
📉 Home sellers in California are selling at record high prices and renting, anticipating the greatest real estate opportunity since the Great Depression.
📉 The California housing market is showing signs of a potential crash, leading to people liquidating assets and hedge funds selling off portions of their portfolios.
💰 Banks are starting to retract and charge high points and fees, making it important to become a prime borrower before the housing market crash.
(6/24/2024)
💼 Ripple Labs achieved a critical legal victory in the federal class action suit, potentially impacting the classification of XRP under US Securities Law.
🌍 The use of xrp in conjunction with Central Bank digital currencies enables lightning-fast and cost-effective transactions, revolutionizing the way currency is moved around the world.
💰 The potential outcome of the court case could open the floodgates for XRP and bring a ton of value through an ETF.
📉 The Ninja believes that the jury will find that XRP is not a security, highlighting the potential impact of the government's actions on people involved with XRP.
📈 If XRP is found not to be a security, the potential for institutional buying through ETFs could significantly impact the market.
(6/24/2024)
💧 The impact of weather-related disasters on infrastructure is a critical issue that needs to be addressed.
🌊 The Iowa train bridge has collapsed due to the overwhelming flood waters, causing significant damage.
🚨 The Minnesota dam is in imminent failure condition, sparking concern about America's aging infrastructure.
🚨 The dam is on the verge of collapsing, and the extent of the damage is shocking.
🌊 The 114 year old dam is in eminent failure condition due to heavy rains and rising river water levels.
🌊 The sheer amount of water is causing the dam to overflow and destroy the surrounding soil.
🌊 The weakening dam and collapsed train bridge in Iowa are dramatic and dangerous consequences of the rising flood waters.
🌊 The potential collapse of the dam and train bridge highlights the unpredictable power of Mother Nature and the potential economic fallout.
Keep Crushing It!
-Ninja Out