Hey yo!
What is going on with the viewers of the tuuuuuuubeee.
1st let me introduce myself as Tyler and I’m the host of the only crypto channel that believes
government services should stop sugar coating things, and tell it like it is…you know
how we automate.
It’s time for Chico Crypto!
Wow waw weee wawww…..is all I have to say about the Bitcoin and crypto markets.
Pulling out Bitcoin’s 7 day chart….shabang.
Solid upward bullish movements this entire week...and over the past 7 days up over 1600
dollars, or about 22 percent.
And of course, every other altcoin is following what BTC is doing.
All coins seriously green over the past 7 days, and almost every coin green over the
past 24 hours.
Annnnndd you know what the moonbois, are doing….saying Halving pump, we going to 10k & now use my
Bybit leverage link PLEASE!
Now I’m not saying we aren’t going to 10k, this is not the pre-halving Pump.
Because it actually is, but it’s built on, shadiness, and is not natural ONE freaking
bit.
Which is sooo obvious to see when looking at the declining volumes, since the mid March
Crash, especially with USD.
It’s been deflating down, week after week, and as of yesterday we were just over 100
million in 24 hour USD volume.
Which is peanuts if you check out yesterday’s Tether volume, nearly 58 billion dollars.
And looking at the ole USDT, we need to looks at an exchange, which trades a good majority
of these tokens…..BINANCE.
Their volume, is now over 80 percent USDT….and looking at Binance’s volume, which is 80
percent Tether, it has been declining too since March…..
Hmmmmmm, a declining volume overall and an increasing price.
That is weird wouldn’t you say!?
You would think, with the pump over the past couple days, volume would at least get to
half of what it was Mid March right?
Well I’ll tell you exactly what is happening.
Whales are in the process of liquidating BTC for straight up USD, most of the USD volume
we are seeing is from those whales.
They are doing it undercover, manipulating the prices with Tether, most of that volume
comes from them too, which gets the markets pumping, as they need FOMO & the crypto heads
still involved to market buy their BTC they are slowly liquidating on the USD exchanges.
Soooo...where does Tether come from?
The Tether Cartel, which consists of….
Bitfinex and friends.
Soooo, let’s just go to their exchange cold wallet, for BTC since March and see what has
happened.
We can dive into their public wallet…dang I love BTC and zoom into March.
As we can see, they dipped from over 176 thousand BTC March 1st, to just over 113 thousand as
of yesterday.
35 percent of the BTC from Bitfinex….is gone, or over 52 thousand BTC worth nearly
half a billion dollars.
And in my opinion, this BTC was liquidated for USD across exchanges, while the markets
were manipulated upwards with printed Tether.
Hard dumping their BTC, while printing USDT….i mean 1.2 billion of them were minted this
month, April alone….and whoever is behind it all, is a criminal mastermind.
And speaking of criminal masterminds.
We gotta talk about a thug, who we all know is apart of the Tether cartel, as their exchange
is providing over 1.6 billion dollars worth of USDT volume per day.
That is Binance.
And we have shown the connections time and time again between Binance & Tether.
Let’s rewatch now….
So obviously in my opinion, they are close.
But what does Binance receive for being a part of this operation?
What do they get to do by being one of the exchanges, which recive a bulk of this tainted
stablecoin?
PUMP and dump their shatcoins.
That is what.
The Binance listings and IEOs.
It’s the same sad story, for almost every single one.
Troy, great example, coins are listed and pumped with whale USDT volume.
But as time goes on, volume leaves, and price deflates down…
Same with every coin, severity is sometimes more severe like perlin, sometimes not as
severe like Kava...but overall the pattern is the same...never a win for long term holders,
and consistently a long term loss.
Which isn’t good for a coin, looking for long term viability.
But those are the IEO listings, which are disgusting in their own form.
Binance also pulls the regular exchange listing...and their most recent one, with Solana, of course
is shrouded in controversy.
Solana, got the regular exchange listing earlier this month, and of course the coin pumped
like a son of gun, April 10th everyone was covering it….but since then, it has been
deflating down...and so has the volume.
Well whaddayyagonnado, once the binance USDT whales get done with your coin?
A project needs to “market make” aka get some freaking volume and coin movement themselves.
And like I said, once you go the way of the darkside of Binance there is no turning back.
Solana has quietly unlocked 11.3 million tokens, moved them for their “operations” which
should have been locked for another 10 months.
Here is a reply from the team….they admit they are unlocked, on a loan to a market maker
and out of the teams control...but don’t worry, we are not profiting from it.
Which a dumpster fire, has started because of this...Ryan Shea, team member as seen from
their website, was on Telegram and he said to a member asking about the situation “thanks
for your concern ko, we’re sorry for the miscommunication & apologize for misleading
our community.
Ouch, so investors, get lied to and just a sorry bud…..well the community wanted more
information regarding the tokens...of which, communtity admin and manager Donton Wilfred,
replied “Details as Such are confidential & under NDA”
Well, who most likely got theeee tokens?
BINANCE DID MY Friends, in my personal opinion, as they have the largest basket of Market
Makers, in house & in their Binance market Maker program, released 7 months ago in September
of 2019.
Soooo, I’m just exposing what is going on people, this doesn't make me bearish, actually
makes me bullish short term, as the regulators they have their hands full with everything
going down right now, so guess what?
They are going to play, and play hard…..especially getting FOMO going for the BTC halving
BUTTTTT long term, it isn’t good for the markets….I mean if this 2 person Chico Crypto
team can figure it out, it won’t be long until the largest stablecoin & largest exchange,
Tether and Binance have those (put in Regualtors)....mount up, right onto of them.
When will that be?
Well, you never had a single look on crypto or Bitcoin, when Tether was just a tiny stablecoin,
before the 2017 madnesses, with a market cap in the millions...in April of 2017, total
USDT in circulation was under 60 million...but in less than a year, by January 2018, it was
over 2 billion.
That is when eyes started coming from places like the New York AG…..2 billion, is a lot
different than the millions….well now it’s neary 4x larger, almost 8 billion
The higher that goes, the quicker regulators will zero in on it….and I would put serious
consequences to come for those involved….after the next massive RUN….just over a year and
a half away.
Cheers, I’ll see you next time