SAMSUNG CRYPTO

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With the Ethereum update that is about to come out in about a few weeks, I can see a lot of opportunities right now in the crypto market because I think we are about to see a bullish Ethereum market. As of today, we see Ethereum's price reach $1,500 but later the price bounced back. I think it is good to zone to buy but if we still buy above $1,500, it is a good price compared to the $10,000 potential of Ethereum. Presently, there is a lot of volatility market but it is a good opportunity for today's traders to take advantage of the market.

We can tell for sure if inflation has reached its peak but the FED will battle inflation at all course. You should know that whenever we see the FED uses an aggressive word, you should know that the FED is about to take stronger action. The FED goal to attain 2% inflation remain even though it will affect economic growth. No doubt that some investors are very fearful right now because the FED chairman confirm they will continue to increase the interest until the inflation is at its lowest. I can tell for sure if inflation will continue to slow down a lot of things are going on in the world today. Not too long, President Joe Biden says the students are going to get a small cut from the loan debt and this is good news for the students.

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Even though the idea is good but it going to cost the taxpayers. I think the plan is good but a lot of people don't like the idea while some like the idea. Some people are upset about the idea of a little cutting from the debt loan. They think forgiving debt does not help in claiming personal responsibility and also they think it is not fair because some people were able to pay their debt for some years. There is a lot of fear in the crypto market but I think very soon will see a huge bullish very soon crypto and NFT space.

Ethereum has actually given us the final date of their upgrade which is September 6 and the merge of proof of Stake will be complete from September 10 to 20. You should know for sure that there will be more volatility in the market as will get closer to the date of the final upgrade. You should keep in mind that we might experience a scenario where people will start selling their Ethereum as the date of Ethereum gets closer. This has happened in the past with Solana, Dogecoin, Ape coin, and so on. So, you should know that there won't be an instantaneous change let people are thinking of because the gas fees discount will occur much later during their upgrades.

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Samsung investment platform is about to lunch its crypto exchange platform in the year 2023. No big surprise because Samsung has already been working with many crypto projects in recent years. Even in May this year, they partner with Niffy Gateway to add some interesting features like NFT functionality, virtual store in decentraland and also they have invested in some other big projects like Axie Infinity, FTX, Bore Ape Yacht Club, and Super Rare. It is good for the crypto space and I think the people of South Korea will be able to get into the crypto space more.

When it comes to regulations, South Korea is very strict and now that Samsung will be launching an exchange platform in South Korea, more South Korean would be joining the crypto space. You should that Samsung is a tech company, they produce phones, monitors, TV and a lot more. We never can tell what they could do with the technology products, they could add some features to phones, monitors, and TVs that will make people buy crypto easier.