Crypto Underperforms: What's Going On? | REKT Vision

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 19 August 2024

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

🔥 Learn about Kraken OTC’s private, personalized trading services at https://realvision.com/krakenOTC2024 🔥 Get FREE ACCESS to Real Vision https://rvtv.io/3Y4t5Pw Rektguy and Canary Labs co-founders Ovie "OSF" Faruq and Michael "Mando" Anderson, author of the Mando Minutes newsletter, review the biggest narratives driving crypto markets. In the latest REKT Vision, they discuss crypto underperforming stocks, Mt Gox redistributions, Trump, and a potential Apple and USDC partnership, plus the left-curve corner full of memes. Get access to the exclusive monthly AMA and drinks session with OSF and Mando by signing up to RV Crypto: https://rvtv.io/44e8Yj0 📢 This episode is sponsored by Kraken OTC. Get 24/7 access to instant, large-lot pricing and execution for your next large crypto trade. Learn about Kraken OTC’s private, personalized trading services at https://realvision.com/krakenOTC2024 🔥 Get FREE ACCESS to Real Vision https://rvtv.io/3Y4t5Pw Elevate your brand with Real Vision. Connect with us at partnerships@realvision.com to explore advertising possibilities. About Real Vision™: We arm you with the knowledge, tools, and network to succeed on your financial journey. Connect with Real Vision™ Online: Website: https://www.realvision.com Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Linkedin: https://rvtv.io/linkedin Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:25.8	Non-investment advice, crypto trading involves risk of loss and is offered to U.S. customers
0:30.5	through Payword Interactive Inc.
0:32.3	For more information, go to Real Vision.com backslash another episode of Rect Vision. It's
0:50.1	myself and OSF. is rect vision tradition we seem to be selling off as soon as the show has gone
0:57.5	live.
0:58.5	Bitcoin is hanging out 57k everything looks pretty precarious going into the weekend.
1:04.0	We've got a bunch of stuff we're going to talk about this week.
1:06.0	How are you feeling firstly about the market though, OSF?
1:09.0	I don't know what to think.
1:12.0	I mean it's had such a strong week for TradFi such a strong
1:19.6	week for in terms of macro data like lower than expected
1:23.3	PPI, lower than expected CPI, huge beat on retail cells.
1:28.5	We're ahead of potential consecutive months
1:31.6	of rate cuts starting next month in about a month, less than a month
1:36.4	of time possibly I think. And stocks are rallying, like stocks are doing well and just crypto just can't seem to catch a break right now and I don't know if it's just
1:46.8	technical selling because of
1:48.6	US government Bitcoin, Mount Gox, FCX estate, jump trading, I mean the fact that I can mention a few of them is in itself
1:57.9	says quite a lot doesn't it? But yeah, I just, yeah, I don't know, I just don't know what it takes now to get, to get crypto going.
	...

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