Summary
The crypto markets are experiencing a pullback this week. Bitcoin has gone from $13,000 down to a little below $10,000. That makes this an excellent time to buy the dip. So add some quality coins to your portfolio while they’re still cheap!
Meanwhile, Wells Fargo is banning its customers from buying crypto in their accounts. That’s pretty rich coming from a company that’s been fined more than $4 billion since 2016 for a variety of scandals. Andy Gordon explains what’s going on here.
The Federal Reserve and Congress have both called on Facebook to halt Libra development. And the president has posted some pretty defensive tweets about the dollar. Andy and Vin Narayanan take a deep dive into Trump’s tweets… and get to the bottom of what the government is really worried about.
If you’re interested in a particular topic, we’ve listed the time code on the right so you can skip directly to it in the video.
- Facebook and Silicon Valley face a perfect storm of opposition (2:13)
- The Fed worries about Libra too (8:18)
- Understanding Trump’s tweets (10:45)
- Wells Fargo bans customers from buying cryptocurrency (13:49)
- Crypto markets experiencing pullback (15:57)
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