As some time ago, many of you had visited one of our articles about one of the last videos of the channel Only The SAVVY, we are doing it again today because we know how much it makes you happy. That's why we're telling you about it today, because this new video might pique your interest.
Indeed, the Youtube channel Only The SAVVY has decided today to post a new video which is called ""You Must Be Smoking If You Don't Think This Is All Planned" | Mark Yusko". Of course, you can now find it in full playback on our site for your greatest pleasure!
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For your information, you can find below the description of the video "You Must Be Smoking If You Don't Think This Is All Planned" | Mark Yusko published by the Youtube channel Only The SAVVY:
The charts on the crypto markets are filled with red, as Bitcoin is down 4.9% at the time of writing, trading for $22,359.75. Ethereum is down 4.8%, trading for $1,569.52, and the overall crypto market is down 4.1% as crypto friendly bank Silvergate announced Wednesday it would delay filing its annual 10-K filing due to needing to answer requests from its independent auditors and accounting firm, as well as "regulatory and other inquiries and investigations that are pending. After news broke, the bank's share price has fallen by more than 50%, to an all-time low, on the day's trading with many of its top clients taking flight. Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank. Microstrategy tweeted out;
We have a loan from Silvergate not due until Q1 ‘25. There are mkt concerns re SI’s fin. condition. For anyone wondering, the loan wouldn’t accelerate b/c of SI insolvency or bankruptcy. Our BTC collateral isn’t custodied w/ SI & we have no other financial relationship w/ SI.
While Tether also took to Twitter to confirm its standing by tweeting;
#Tether does not have any exposure to Silvergate.
As a guest on The Wolf Of All Streets Podcast, Investor Mark Yusko gave his take on the matter. Despite the negative press and slight crash, Mark believes we are still in crypto spring, with summer just around the corner. The bigger issues, according to Mark, are two fold; the degenerate gamblers who run up the price of crypto by entering the market on leverage and the regulatory bodies, who are fighting with all their power to take crypto down.
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► To watch the full interview:
https://www.youtube.com/watch?v=OO49ILCGEU4
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