Aguys we have some really big crypto news to talk about in today's tetoyal so guys welcome back to crypto zeus the crypto journey continues i hope you guys are doing good in this article i'm going to be talking about kraken we're going to be talking about janet yellen we're going to be talking about some other big crypto news we're also going to be talking about the crypto prices today and where they potentially can go in the future so if that sounds good to you guys please do me a favor hit the thumbs up button comment down below what you guys thought of today's video as always not financial advice but i hope you guys are enjoying the journey so far and that.
guys let's kick it off with this cool picture i saw posted over reddit of uh the bitcoin bull at nighttime so we saw some photos during the day but guess what the bitcoin ball lights up at night time and just check out those laser blue eyes and i just wanted to share that uh courtesy of some photos over on reddit because that looks freaking awesome in my opinion the light up of the bitcoin ball so shout out
tocustom solitaires right there for those photos and guys we also have some really big news about cracking the exchange so you guys might know the kraken exchange it's a big exchange tier one exchange in crypto zeus's opinion and that does around 753.
million dollars in volume in the last 24 hours so it's a big big crypto exchange and what's happened with them guys i've had seen the news over on twitter and they're shutting down their officesna`they're shutting down their hq in san francisco due to recent crime okay so statement from the ceo jesse powell we shut down kraken's global headquarter on market street in san francisco after numerous employees were attackedb harassed and robbed on their way to and from the office business partners were afraid to visit after being victimized crime mental illness and drug
abuse are out of control in the city which is dramatically underreported because it's so commonplace and look i won't continu this later but uh look kraken big.
takeaway they're moving out of san francisco possibly according to that statement from twitter and so very interesting development right there and it's just
unfortunate if san francisco does have a big crime problem it'd be great to see the crime problem get under control uh in crypto zeus's opinion so just a big update to keep you guys in the know right there and uh guys we also have this massive update from yellen okay the treasury secretary may befighting cryptocurrency what did she say right here yellen warns of crypto risk in first digital asset speech the treasury secretary reiterated the goals of president biden's recent executive order on digital assets and highlighted areas most in need of regulation and it says right here this growth in digital services has opened a world of possibilities and risks that would never.
seem fantastical only a few decades ago stable coins and central bank digital currencies were a key part of yellen's address an unsurprising trend given recent discussions in congress it is imperative that stablecoin issuers be held accountable for maintaining reserves she said to prevent crashes so you guys know there is a lot of risk regarding cryptocurrencies and look some of these points are valid so there have been cryptos in the past iron finance uh token did you know crash quite a lot after it's lost its peg uh to the us dollar so any time you go into crypto and this is crypto zeus's opinion you always have to be mindful that it is very risky so crypto is one of the highest reward highest risk assets in the world so you potentially you can become a millionaire worst case scenario your crypto balance could also go to zero in some particular types of coins.
will bitcoin go to zero i think it's extremely unlikely will ethereum go to zero extremely unlikely and uh the way the crypto markets tend to get priced if you're new to cryptocurrency you don't know this the safer ones tend to be up the top of the charts to some degree so bitcoin is the safest cryptocurrency uh ethereum is also one of the safer ones binance coin celina etc they're the safer ones the ones with the bigger market cup up the top the lower you go down on the charts the new ones that have only been out for a week a month uh unproven they're further down in the rankings and they're the more risky ones but again if you want to get the really high returns in cryptocurrency you know the risky smaller ones is where you.
potentially can make a lot of money but again it does come without risk and you always have to be comfortable with it and if you're not comfortable with the risk cryptozeus's recommendation do not buy into any crypto that you're not comfortable with and there's also other exciting ones that are meme coins like dogecoin that's a meme coin and they have a big price as well so it's a very interesting dynamic and uh look so some of the disruption and some of the risk is definitely there in the crypto space but again if you're willing to take on the risk i don't see there as being an issue with that at all and guys we have some more
monster updates from the lunar guard as well so lfg lfg to acquire 100 million dollars in avax to build.
reserves so it says right here the luna foundation guard lfg has acquired a hundred million dollars of avalanche of avalanches foundation native token avax to build up its reserves of its stable coin ust so guys we've seen luna guard luna foundation guard buy up heaps of bitcoin now they're buying up avalanche and if you guys do not know about uh you know about tara luna it is the big one up the top so it's number eight on the charts right here so it's a very exciting.
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