March 9, 2022: Executive Inaction 💵 🏛
Markets relieved as DC calls for further crypto studies
President Biden released his long-awaited executive order on cryptocurrency, and nobody could have guessed what was coming.
Except technical analysts…
TzTok-Chad (💎, 💎)@tztokchad
the charts clearly pointed out to this turning out favorably the 6th time the executive order news was put out. It was also obviously bearish the previous 5 times. i positioned myself in a 17x leverage long on all the majors. what were you doing anon?
db @tier10k
BIDEN ISSUES EXECUTIVE ORDER ON DIGITAL ASSETS
DOES NOT ANNOUNCE ANY NEW REGULATIONS
DIRECTS AGENCIES TO DEVELOP POLICY RECOMMENDATIONS
FOCUS ON CONSUMER PROTECTION, FINANCIAL STABILITY, ILLICIT FINANCE, PROMOTING U.S. LEADERSHIP, FINANCIAL INCLUSION AND RESPONSIBLE INNOVATION
11:20 AM · Mar 9, 2022
1 Repost · 30 Likes
Or people who read Yellen’s leaked comments….
Matt Corallo@TheBlueMatt
Looks like Yellen's comments on tomorrow's Executive Order were accidentally posted a day early (now removed). archive.org got them, though -
web.archive.org
Statement by Secretary of the Treasury Janet L. Yellen on President Biden’s Executive Order on Digital Assets
1:55 AM · Mar 9, 2022
961 Reposts · 2.71K Likes
What is this, amateur hour? Better question: what does it all mean?