Grayscale Win Puts Bitcoin Back on Track with Possible ETF - AB #15 [nyi-urMAwM8]

Grayscale Win Puts Bitcoin Back on Track with Possible ETF - AB #15 [nyi-urMAwM8]

| 1h 28m 28s | Video has closed captioning.

On episode #15 of Alpha Bites, #Bitcoin looks set to rebound after Grayscale wins it's appeal against the SEC and a spot ETF seems all but inevitable (nothing's certain, but it looks good). JJ walks through the DXY pullback from $104 and describes a path for further declines as the US jobs report suggests a weakening economy. The eminent DXY wrecking ball might be on hold...but we aren't out of the woods until Bitcoin closes above its key moving averages. 👉 Share your thoughts with the Crypto Enthusiast Survey Ben Lilly continues the #Bitcoin discussion with a focus on its dominance as it climbs higher and higher. The dominance chart suggests Bitcoin is the place to be but Ethereum and other L1's may get a bid. When the time is right. Next, Ray shifts the discussion to Alpha opportunities by reviewing crypto centered equities, including #coinbase and Bitcoin mining stocks. While he's still eyeing opportunities, he notes that stock dilution might become a problem. And Bitcoin ETF's might further reduce the Alpha opportunity. Ray also offers a counterpoint to the #grayscale win, noting the ruling doesn't guarantee an ETF and there is still time for the SEC to find a new obstacles for approval. Check out Ray's recent discussion on Bitcoin Mining here - Kodi reviews three projects on the "Like It or Spike It" segment. - Following the rise of Telegram trading bots, Telegram creates a mint factory for alt coins - Silo Finance launches Silo Llama edition, a fork with crvUSD as its only trade pair asset - $PEPE creators send part of their stake to exchanges and allegedly sell, tanking the price On the deep dive, Kodi reviews his latest Espresso article, The Solution to Cosmos’ Woes Is Hiding In Plain Sight (which unpacks the challenges facing the Cosmos ecosystem and possible solution in Liquid Staking Derivatives (LSD's). Kodi and Ben Lilly then offer their perspectives on the future for L1's and app chains, discussing the pros and cons of multiple chains. Finally, Marconi asks the team to evaluate the length and severity of this crypto winter. Ben Lilly notes that, while long, the winter feels less severe when you are focused on building solutions (Kodi agrees). JJ and Ray laugh while describing how much the trading space has matured since the previous winter. And everyone agrees that the Grayscale is a win for the industry and might suggest the beginning of the end of the crypto winter (but we don't know yet). --------------------------------------------------------- 👉 Share your thoughts with the Crypto Enthusiast Survey Hit the subscribe buttons to stay current on these data trends and to be notified when we (finally) go live on video. Follow the team: xChanging Good Studios Espresso Newsletter On Twitter @Marconiwight @MrBenLilly @JlabsJanitor @horushughes @Kodi_thekid @benjamin_skew ## Disclosure Statement This content is for entertainment purposes only. Nothing shared during this broadcast is or should be considered financial advice. The views and thoughts shared here are simply opinions. Do your own research and consult a registered financial advisor before making any investments.