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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 Ninjaβs *Crypto Trader Pro Course*
(6/24/2024)
π 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.
π° 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.
π 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.
ποΈ The surge in multifamily homes built in the last 10 years is unprecedented in the history of the country.
π Home sellers in California are selling at record high prices and renting, anticipating the greatest real estate opportunity since the Great Depression.
π 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.
π° 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)
πΌ Ripple Labs achieved a critical legal victory in the federal class action suit, potentially impacting the classification of XRP under US Securities Law.
π 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.
π° The potential outcome of the court case could open the floodgates for XRP and bring a ton of value through an ETF.
π 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.
π If XRP is found not to be a security, the potential for institutional buying through ETFs could significantly impact the market.
(6/24/2024)
π§ The impact of weather-related disasters on infrastructure is a critical issue that needs to be addressed.
π The Iowa train bridge has collapsed due to the overwhelming flood waters, causing significant damage.
π¨ The Minnesota dam is in imminent failure condition, sparking concern about America's aging infrastructure.
π¨ The dam is on the verge of collapsing, and the extent of the damage is shocking.
π The 114 year old dam is in eminent failure condition due to heavy rains and rising river water levels.
π The sheer amount of water is causing the dam to overflow and destroy the surrounding soil.
π The weakening dam and collapsed train bridge in Iowa are dramatic and dangerous consequences of the rising flood waters.
π 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