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Bruce Walck (Crypto Blockhead/Wall Street Teacher)

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$ETH has stalled. Korea market woes likely adding to supply as folks over there are liquidating assets to meet margin calls. Perhaps we are risk off until the midterms. I suspect the Dems pick up a lot of seats in the house. Short term this political shift means little for crpto as cftc and sec continue to make rules is the absence of legislation. Blackrock, schwab, Vanguard and others want tokenization so its going to happen. Thus should provide some price support for $ETH rails. Next up: GLAMSTERDAM $BMNR $SBET

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Hopefully this is simply a cold snap in CryptoSpring. $BMNR remains under pressure this AM as we likely are seeing more unwinding from Korean margin calls. Joe Lubin's sale timing in $SBET was unfortunate in that it adds to the bear's short term narrative. Meanwhile, tokenization continues to ramp and both $ETH and $BTC integration into the traditional banking system is accelerating. This too shall pass. @ethereuminsti @ethereumJoseph @ethlabs_org @BitcoinJesusETH

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CLARITY Act looks DOA. OK, now we get hard rules set byvCFTC and SEC which likely will be friendlier to the crypto industry. Elizabeth Warren continues to amaze me in that she cannot see the linkage between stablecoins and creating a new US TSY buying contingent. My promotion. The Cryto Bros will likely target 20 close races in the midterms. These guys have deep pockets and are beginning to understand the Washington hustle. They will likely call out zero interest bank deposits to show the hypocrisy of it all. My guess is CFYC and SEC publish reams of regulations by Oct 1. Its not perfect, its not law, but these regs will bring more folks off the sidelines. So, my non- intuitive analysis is lack of movement on CLARITY is already baked in. Market will dip a bit for a day or 2 then continue.

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$ETH above $2600. I we can sustain this for a week or so, $3000 becomes the next real resistance. I doubt Congress will pass this phase of the CLARITY Act process. So instead, we get a more friendly version of rules and reg from the CFTC and SEC by the end of the week. The banks pushed too hard over the yield issue. U.S Treasury needs buyers such as Circle. Crypto Stable coins and Tokenization become the next bulwark for the U.S $. Cryto Bros will be targeting a dozen seats in November. May GOD help the dissenters. $BMNR $SBET @joechalom @ethereumJoseph @BitcoinJesusETH @ethereuminsti @SAMALTCOIN_ETH @BitMNR @ethereum @ethcforg

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The post below is one of the reasons I believe $ETH finally decouples from $BTC and LEADS the next cycle. Ethereum is the programmable blockchain of EveryTHing while $BTC is an inert storer of value that may lose some of its shine once physical gold is digitized. Robinhood was the beginning. Glamsterdam up next. Foundation spin-offs finally here to get out of academic pursuits and help drive real world adoption. Long $BMNR $SBET and some $BMNR LEAPS for a bit of leverage. Writing calls weekly to get paid for the volatility. Let's storm the castle. It's time........ @ethereumJoseph @joechalom @BitcoinJesusETH @TokenizedDollar @BitMNR @ethereuminsti @ethereumfndn @milkroaddaily @d Decentral 👀 @Mike_AI_BTC_ETH · 29m Bitcoin exchange-traded funds shed 3,170 BTC over the past seven days, all while Ethereum ETFs added 37,959 ETH over the same stretch. The split points to growing institutional appetite for ether. BlackRock’s ETHA fund drove most of the week’s Ethereum inflows, while its IBIT fund accounted for most of Bitcoin’s losses$ETHEREUM$SBET