@d12321 4 November 2023

#resultsoftheweek Sam will be sentenced to 115 years, PayPal broke the law, and the Fed has stopped raising rates. Let's summarize the week: 💎 Cryptocurrencies 1️⃣ Curly Sam was found guilty on all charges and could go to jail for 115 years. His accomplices Pretty Caroline, Gary Wang and Nishad Singh began to cooperate with the investigation in time and blame everything on Sam, so they can receive minimal sentences. The verdict will be announced on March 28, 2024. It seems that Kucheryavyi will not be saved by his donations to politicians and will have to forget forever about his plans to become President of the United States 🚓 2️⃣ SEC sued PayPal for issuing stablecoin PYUSD. Interestingly, the company's shares did not even fall because the bad news was covered by a good quarterly report. After losing in court to Ripple and Grayscale, almost no one believes in the SEC’s ability to take control of the crypto market. But they will still try and definitely do not recognize any authorities, as if Gensler has a plan 🧐 3️⃣ BlackRock is in negotiations with Jane Street, Jump Trading and other top market makers about Bitcoin ETFs. Nice try, but this time it didn’t work out to pump BTC and the rate is again below $35k. What will they offer us next week 😊 🪙 Finance 1️⃣ The Fed expectedly left the rate unchanged at 5.25-5.5%. Moreover, Jerome Powell gave a very restrained press conference and practically did not scare investors. The S&P 500 is gaining momentum again, the market believes that the Fed has completed raising rates, although Powell did not promise this 🗽 2️⃣ The Israeli army has completely surrounded Gaza City and is conducting operations inside it. The ground operation is in full swing, although it has not been officially announced, calling it an expansion of raid operations. Oil is getting cheaper, gold has stopped growing, because the conflict remains local, and it’s good that it stays that way 🔫 3️⃣ Japan is allocating $110 billion to stimulate the economy and fight inflation. And also to save the political rating of the current prime minister. It’s interesting that the whole world is afraid of the Japaneseization of the economy, and it is Japan that holds the keys to this Pandora’s box. But for now they are going to continue to solve their problems themselves 🫥