In a recent appearance, Ben Armstrong captivated audiences with his dynamic discussion on an array of topics, from the fallout of political debates to compelling insights into the cryptocurrency market. The CoinSpeech team collected the most significant takeaways from his discussion, and you can find Ben Armstrong’s new video embedded below.
The Political Landscape
Armstrong kicked off with an analysis of the recent political debates, where he questioned the readiness of current political leaders. “Do we believe that somebody’s going to replace Biden now?” he asked, highlighting the ongoing concerns about President Biden’s performance. He delved into possibilities, including rumors about Hillary Clinton or Kamala Harris stepping in.
Quote: “Joe Biden hates Donald Trump. Donald Trump hates Joe Biden personally for things they’ve said about each other.”
Armstrong further emphasized the tensions within the Democratic Party, pointing out that if they really wanted to replace Biden, they would have done so already.
Membership and Content Changes
Ben Armstrong announced substantial changes to his membership structure, emphasizing value for high-tier members. “Cassie and I are going to be doing three members-only live streams per week,” he mentioned, restructuring tiers to one inclusive membership level for $50 a month.
The Crypto Market Analysis
XRP and Political Influences
On the crypto front, Armstrong touched on the intriguing possibilities surrounding XRP and its potential future use by BRICS countries. “They’re just drawing this thing out as long as they can draw it,” he asserted about the ongoing XRP lawsuit.
Quote: “Look for some XRP announcements in the coming months or by the end of the year from some of the BRICS countries.”
Bitcoin Market Trends
Armstrong also dwelled on the fluctuating Bitcoin prices and the market’s reaction as the quarter closed. He provided insights on how political and economic uncertainties are affecting Bitcoin’s value. “Bitcoin is a hedge against geopolitical uncertainty and monetary risk,” he affirmed, citing BlackRock’s perspective.
Solana and Market Dynamics
He discussed Solana’s potential, emphasizing that while the filing of a Solana ETF by VanEck is significant, it lacks the market influence compared to filings by financial giants like BlackRock. “If this was State Street or especially Vanguard or BlackRock filing one, this is a big story,” he clarified.
VanEck’s Impact
Quote: “As an ETF, VanEck does not have the sway to push the SEC in a direction to win this.”
Global Political Influence
Armstrong analyzed the influence of major institutions like the IMF and developments in countries like Kenya, indicating a significant pushback against global financial control. Deadly protests in Kenya against the IMF signaled a desperate need for change, as reported by Armstrong.
In conclusion, Ben Armstrong’s recent discussions provided a mix of political critique and deep insights into the cryptocurrency market, leaving viewers informed and eager for more.