Bill discussed the latest macro news including Global Inflation & Recession sentiment, interest rates and their effect on the housing market, and his views on what’s next for crypto markets. Some of the key highlights of the session are below:Macro Update - Bill compared the recent performance of tech stocks and crypto markets, noting that the recent volatility has been higher in the stock market vs BTC/ETH.Crypto Market Update - Hong Kong's initiative to legalize retail crypto trading has caused major headlines this week. This would be a big step towards making Hong Kong one of the most progressive cities when it comes down to crypto regulations and attracting mining business. Several other topics covered included the new, crypto friendly, UK Prime Minister, and Elon’s acquisition of Twitter.
Bill discussed the latest macro news including Global Inflation & Recession sentiment, interest rates and their effect on the housing market, and his views on what’s next for crypto markets. Some of the key highlights of the session are below:Macro Update - Bill compared the recent performance of tech stocks and crypto markets, noting that the recent volatility has been higher in the stock market vs BTC/ETH.Crypto Market Update - Hong Kong's initiative to legalize retail crypto trading has caused major headlines this week. This would be a big step towards making Hong Kong one of the most progressive cities when it comes down to crypto regulations and attracting mining business. Several other topics covered included the new, crypto friendly, UK Prime Minister, and Elon’s acquisition of Twitter.