Rate Hikes, Crypto Actors, UK Rules: Equity Markets in Focus | TWIC
February 06, 2023
Dave describes the lack of sustained reaction to the Fed's announcement of a .25% rate hike and reiterates his bullish stance on the Bitcoin market long term while talking about potential catalysts for the next move.
Describing the news of the Celsius bankruptcy document, he puts their actions in the broader context of bad actors in crypto that does need to be reigned in.
Contrasting the US regulatory approach with the recent news from the UK, where the recent consultation letter released by the FCA shows promise of spurring clear regulations to help prevent fraud and protect crypto market investors.
He concludes the video by touching upon the equity markets with the recent news of Commissioner Hester M. Peirce's dissent on Activision and the imposed fine, providing his perspective on the role of regulators in enforcing compliance and protecting investors in the equity markets.
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