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Introduction: This is a tiktok video published by Alexander Lorenzo. The video has now received more than 182 likes, 20 comments and 44 shares. It is deeply loved by fans. The following is the specific data and similar videos. Address, you can complete the operation on this page by clicking play or bookmarking the video.
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In the 1970s, the United States secured a game-changing deal with Saudi Arabia: oil exports would be exclusively traded in U.S. dollars. Fast forward to June 9th, 2024, and that monumental agreement has expired. Saudi Arabia’s decision to move away from this deal marks a profound shift in global economics. Now, where does cryptocurrency fit in? BlackRock's CEO has been in personal meetings with Crown Prince Mohammed Bin Salman, exploring new financial landscapes. With BlackRock deeply invested in Bitcoin and Ethereum spot ETFs, and even eyeing to rival the New York Stock Exchange, the stakes are high. Meanwhile, the UAE has partnered with big economies like China and Hong Kong to back EMbrider, a new stablecoin. These developments signal more than just a shift in oil trade; they indicate a possible decline in the dominance of the U.S. dollar, creating a fertile ground for cryptocurrencies to flourish. This evolving scenario is reshaping the future of global finance. Stay tuned as crypto gears up to potentially benefit from these massive changes. #tiktok #fyp #viral #Crypto #Bitcoin #bitcoinhalving #Cryptocurrency #Ethereum #solana
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Alexander Lorenzo
5 months ago
People often overlook how groundbreaking the Ethereum (ETH) development is. Even though it has already received approval, we haven't begun accepting funds from ETH yet. To give you some perspective, Bitcoin’s performance is unprecedented: it broke its previous all-time high even before the Bitcoin halving, an event that has never happened since Bitcoin's inception. As someone who has been analyzing and researching this space for eight years, I can confidently say there’s no event more monumental than a SPOT ETF approval. Unlike regular ETFs, which historically have led to market downturns by not actually purchasing the underlying asset, a SPOT ETF fundamentally changes the game. It actively buys the asset, whether it’s Bitcoin or Ethereum, directly influencing supply. And when you understand the basic principles of supply and demand, it’s clear: decreasing supply coupled with increasing demand drives prices upward. For Ethereum, this is massive. A SPOT ETF approval means Ethereum is being taken off the market, creating scarcity and driving up its value. We’re on the verge of seeing significant price movements influenced by this alone. It's crucial to understand these dynamics and how they could shape the future of crypto investing. #tiktok #fyp #viral #Crypto #Bitcoin #bitcoinhalving #Cryptocurrency #Ethereum #solana
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Alexander Lorenzo
5 months ago
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