Is it True? Bank For Central Banks Approves FED’s Crypto Holdings at Unbelievable Price!

The Bank for International Settlements (BIS) has announced that central banks can now hold up to two percent of their assets in cryptocurrency. However, the rule suggests that banks’ exposure to crypto assets must not exceed two percent and be generally lower than one percent, limiting rather than encouraging exposure. Nonetheless, this endorses global crypto banking rules and is considered bullish for the industry. Meanwhile, Tesla stock has fallen so much that it is now trading at a very cheap multiple, with the stock at its lowest PE in history. Despite concerns over Twitter noise and future growth, Morgan Stanley’s report cites the highest key metrics seen since November 2020.

The BIS Committee Endorses Global Crypto Banking Rules

The Bank of International Settlements, which functions as a central bank for central banks, has announced that central banks can now hold up to two percent of their assets in cryptocurrency. However, it is important to remember that this news is being framed in different ways on social media, so it is important to take this information with a grain of salt. The BIS committee has endorsed the implementation of global cryptocurrency rules that banks must adhere to by 2025. It is important to note that the BIS does not work with governments or corporations, but provides banking services solely to institutions such as the ECB and the Federal Reserve.

Tesla Stock: A Great Buying Opportunity

The author of the video then discusses a stock they find attractive: Tesla. The stock has fallen drastically this year and has created a great buying opportunity for investors. While the market can remain erratic, the stock is currently trading at a cheap multiple and has growth potential. The wait times for Tesla vehicles have decreased, which could increase demand, and the company plans to lower prices to sell more vehicles and software. Additionally, Tesla has new products coming to market, such as the Cybertruck and semi. Despite concerns about Elon Musk selling off stock, the author believes that the current valuation of Tesla makes it a great buying opportunity.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Discover the 3 Lowcap Gaming Cryptos Set to Explode in 2023!

In this video, the creator discusses three low-cap gaming projects that they believe will do well in the future. The first is Nakamoto Games, a browser-based game with action, shooting, sport, and simple...

Discover the 3 Altcoins That Will Help Ethereum Dominate Enterprise! When?

Blockchain firm ConsenSys has launched an open-source middleware initiative aimed at enabling secure and private business processes on the Ethereum blockchain. The Baseline Protocol is built with cryptography,...

"Find Out If Ivan Was Convinced by Roger! Discover How a Programmer Explains the 51% Attack Cost."

In the latest episode of Good Morning Crypto, host Ivan on Tech discusses Bitcoin Cash with Roger Ver, also known as “Bcash”, as well as a range of other topics. Ver’s appearance sparked...

Could this be the beginning of the end for BlackRock?

BlackRock is the world’s largest asset manager with $8 trillion in assets, and its ESG investment ideology has come under scrutiny due to its impact on individuals and institutions. ESG stands for...

NFL Rivals Web3 Release: What You Need to Know About Mythical Games and CCO Jamie Jackson on Blockchain Interviews

MythicalGames is a company that builds a platform where developers can add blockchains and marketplaces to games. Their goal is to change the fundamental players of owning something and bring blockchain...

Discover the Latest Update on 6 Altcoins Making Waves! 🌊 (Including Solana, Polkadot, and Pepe)

Solana Labs, the core contributors to the Solana blockchain, is launching an AI-based plugin that lets users search the blockchain via OpenAI’s chatbot technology. The chat GPT plugin will let users...

Discover Nucleon and Unveil the Promising Future of Liquid Staking!

Nucleon is a project developed on the Conflux Network, offering a solution to the problem that arises in liquid staking. Liquid staking allows asset holders to earn yield without locking their assets....

Unbelievable 🀯 Growth Acceleration πŸ“ˆ - Years of Development in Weeks πŸš€ (Incredible Upheaval!)

Recent technological breakthroughs, including AI, have led us into an age of exponential growth, where advancements that used to take 10 years can now take only months. This applies to blockchain and cryptocurrency...

Prepare for Chaos: Crypto's Next Move Will Blow Your Mind!

The video discusses the current rise of Bitcoin and its potential impact on the cryptocurrency market. The narrator also analyzes the movements of whales in the market and provides updates on altcoins...

Is Getting Free Money through Crypto Airdrops Possible? #crypto #airdrop #defi #passiveincome

Airdrops are a legitimate marketing strategy for projects that cannot spend money on traditional marketing avenues such as ads due to potential regulatory issues. Airdrops are a way to attract users to...
Load More

Comments

Comments

Coming Soon

Subscribe and be the first to know about the launch

Look at our roadmap

AND FOLLOW
Share
Twitter
Telegram
Facebook
LinkedIn
Reddit
Email

Thanks for subscribing

You will only receive important notifications
For now, follow to our social networks