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[URGENT] You Know Who Buying Bitcoin?
You Know Who Is Speaking At The Bitcoin Convention, ETH Spot ETF Is Live, Housing Inventory Is Up, J Powell May Lower Rates Soon and The Biden Admin Screws Over The Military...
The Daily Ninja 7/23/24
Updates From The Economic Ninja
(7/23/2024)
π The launch of an Ethereum ETF could bring massive amounts of institutional money into the sector, similar to what happened with Bitcoin's ETF in January.
π The approval of spot Ethereum ETFs by the US Securities and Exchange Commission marks a significant milestone in the cryptocurrency market, despite previous doubts.
π Learning how to make money in cryptocurrency and reduce risk is extremely important in today's market.
π Eight issuers are set to debut their ETFs for institutional investors and retail traders, including grayscale Ethereum and Franklin Ethereum.
π° Ripple CTO believes a higher price for XRP, such as a million dollars, is more practical for payments due to enhanced liquidity and cost-effectiveness for large transactions.
π Government oversight will eventually limit the number of exchanges, potentially impacting the crypto market.
π° As the price of XRP goes up, the cost of transactions will not, making it a more efficient option for sending money.
π "I do actually in the next 10 years. I would not be surprised if we saw a $10,000 xrp. Price simply based off of the amount of adoption that could happen with xrp."
The Time Is Now- Join us LIVE on Thursday 7/25 at 4PM Pacific for an Urgent Crypto Bull Market Update & Free Training.
(7/23/2024)
π Lawrence Young, the chief Economist for the National Association of Realtors, is about to destroy millions of people's net worth again.
π The data has been manipulated by the Federal Reserve and others, and the truth about the housing market will soon come out.
π Lawrence Young's misleading housing predictions have been criticized in the past, raising doubts about his credibility as a Chief Economist for the Realtors.
π Home price drops can trigger a recession and change consumer spending habits, causing fear and worry.
π "The month's supply of inventory reached its highest level in more than four years that means that you are in a buyer's market not a sell's market."
π€ The Ninja expresses disgust at the unethical behavior of Lawrence Young, the Chief Economist, and speculates on the possibility of him becoming the CEO and receiving a significant raise.
(7/23/2024)
π Inflation is still getting worse regardless of what the government's telling you.
π€― Content creators are being warned not to mention certain names or their videos will be shut down, raising concerns about censorship and freedom of speech.
π Jerome Powell's decision to lower rates may lead to explosive inflation on the high side, followed by corrective measures to raise rates to normal levels.
π€ The Ninja believes that the FED and the government lie about economic indicators, raising questions about the accuracy of official data.
π The Richmond fed manufacturing survey crashed to -17, the worst since the peak of the covid lockdowns.
(7/23/2024)
π° The Department of Defense is giving troops an economic hardship bonus of only $20 per month, which is a mere amount for those putting their lives at risk defending our country.
π‘ $84,000 per military member has been spent on a war that has nothing to do with us.
π° The disparity between military spending and officer pay is absolutely disgusting, with the government spending enough to give every service member an $84,000 bonus in the last year and a half.
π‘ "Junior enlisted service members and service members supporting large families struggle to afford housing and feed their families well."
Keep your head up and crush it!
-Ninja Out
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