2 Genuine Reasons Why Bitcoin Price Will Hit ,000 Soon | Top 20 Best Cryptocurrencies in 2020

➡️ Leverage OPM (Other People’s Money): http://opm.cryptonewsalerts.net

Crypto analyst Elja Boom, the CEO of Ajoobz tweeted on Crypto Twitter to his 66.3K followers:

“Bitcoin will reach $100,000 by 2021. Mark my words.”

Lark Davis, another cryptocurrency influencer who is very bullish on BTC recently tweeted to his 57.7K followers:

“Quick reminder that the price of Bitcoin went from $11,000 to $20,000 in 14 days back in 2017. This market is a powder keg!”

Lark received the following skeptical response to his bullish tweet, “Yes but retail was the main driver, there is no surge in retail interest right now, see google trends.”

The Crypto Lark then replied:

“Yes, true, but also companies were not buying $175 million worth of BTC at a time which is the equivalent of 350,000 retail investors buying 500 bucks worth of bitcoin each.”

He’s referring to Microstrategy’s recent massive Bitcoin acquisition:

“On September 14, 2020, MicroStrategy completed its acquisition of 16,796 additional bitcoins at an aggregate purchase price of $175 million. To date, we have purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million, inclusive of fees and expenses.”

In other trending Bitcoin News Today:

Mad Money’s Jim Cramer ‘Fixated’ on Buying Bitcoin, Fears Massive Inflation

Jim Cramer, the Mad Money host and The Street co-founder, said he is “fixated” on needing to own bitcoin because he fears a “massive amount of inflation.”

While he owns “so much gold,” he is adamant about leaving a bitcoin inheritance to his children.

Cramer calls himself a gold bug because he has “so much gold,” he revealed.

He is concerned about hedging against inflation and leaving the right assets to his kids.

The former hedge fund manager explained that to hedge against inflation, he currently goes to his “inflation handbook,” and “what it says is buy gold, buy masterpieces and buy mansions.

Those are the three things.” He emphasized that “what we didn’t have in that menu was crypto and I think that you have to have [it].”

He further opined:

“I feel very strongly that I have missed crypto.”

Pomp clarified to Cramer that it is important to distinguish between bitcoin and cryptocurrencies.

“When you talk to your kids about it, you got to make sure it’s bitcoin not just crypto in general because bitcoin specifically has the inflation hedge – things that we’re talking about here.”

Cramer believes: My kids, when they get my inheritance, won’t feel comfortable with gold and will feel comfortable with crypto.

“I just need something that my kids will understand … and they will never understand gold and the reason why they’ll never understand gold is they think gold’s dangerous. It’s dangerous because it can be stolen. It’s dangerous because they don’t want to take it out of the bank,” Cramer shared.

As for cryptocurrency, the Mad Money host is also concerned about the security side, such as getting hacked.

However, Pomp explained several ways to keep his bitcoin more secure.

In other trending BTC News today:

Kraken is launching a crypto bank in Wyoming, paving the way for possible stock offerings

Cryptocurrency exchange Kraken is launching a bank under a new regulatory framework in Wyoming, a move that will expand its product suite, the firm said in an announcement Wednesday. 

Headquartered in Wyoming, Kraken Financial will be regulated by the Wyoming Division of Banking under a so-called Special Purpose Depository Institution.

The new structure was purpose-built for cryptocurrency companies and will allow Kraken to offer certain banking functions to clients and effectively serve as the exchange operator’s primary banking relationship. 

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net

🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

On September 14, 2020, MicroStrategy completed its acquisition of 16,796 additional bitcoins at an aggregate purchase price of $175 million. To date, we have purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million, inclusive of fees and expenses.

— Michael Saylor (@michael_saylor) September 15, 2020

https://news.bitcoin.com/mad-money-jim-cramer-bitcoin-inflation/

💰 BlockFi: Up To $250 Bitcoin Bonus: https://blockfi.com/cryptonewsalerts

A Dubai businessman is pledging to buy 100,000 Bitcoin worth up to $4.8 billion as part of a new company strategy. To put that into perspective, it’s the largest BTC investment of its kind in the world.

Khurram Shroff, the Chairman of Dubai’s IBC Group, a noted Arab Whale, and the poster child of Blockchain technology in the Middle East and Asia, has pledged 100,000 Bitcoin (current value of USD $4.8 Billion) to setup the Miami 2.0 Blockchain Strategy Foundation and many other related Joint Venture Projects. 

Mr. Shroff’s backing of Miami 2.0 Blockchain Strategy could turbo-charge use of the cryptocurrency, which is estimated to transact USD $200 Billion per day, by the end of 2021.

The pledge by IBC group, the largest in Bitcoin history, will be significant in facilitating the digital-currencies adoption across multiple industries and critical in aiding Miami’s vision to integrate Bitcoin in everyday transactions. 

An avid supporter of Ethereum 2.0, Khurram Shroff was instrumental in its beacon chain reaching the required threshold for its launch in November 2020. As of the date of this article, the beacon chain has more than USD $5 Billion worth of Ether staked to secure the Ethereum Proof of Stake (ETH2.0) to enable decentralized finance, including DeFI and DaPPs.

IBC Group was recently approached by landmark U.S based real-estate developer Burkhan World Investment LLC, to increase the adoption of the blockchain technology in Real Estate and to enable efficiencies in government and private sectors. 

“Making the largest Bitcoin investment in history is proof of our commitment to assisting cities adopt Blockchain, which we see as the key to enabling widespread adoption,” reiterated Khurram Shroff.

Burkhan currently has over US$1 billion worth of Real Estate projects in Miami in its pipeline that are being empowered with technological innovation. “Enabling investment into Real Estate utilizing Bitcoin as a collateral asset will further enhance its use case as a tool to create a hybrid investment vehicle for BTC holders,” said Shahal Khan, Burkhan’s CEO and Founder, “Economical debt coupled with a favorable hedge for BTC holders in stable long-term assets such as Real Estate, are a double win for digital currency holders as well as developers and property owners.”

Inspired by Miami’s Mayor Francis Suarez’s commitment to blockchain, both IBC group and Burkhan are looking forward to being a part of Miami’s strategic tech vision. In a recent interview, while talking about integrating bitcoin into certain government transactions, Mayor Suarez said, “Cities like Miami, we’re trying to attract tech town. It’s part of a larger play to position Miami as one of the most tech-forward cities in the country.”

In other breaking Bitcoin News today:

MicroStrategy Purchases Another $1 Billion Worth of Bitcoin

Business intelligence firm MicroStrategy increased its Bitcoin (BTC) holdings by 27% on Wednesday after purchasing an additional 19,452 coins, taking its total haul to 90,531 BTC.

Announced on the company’s website on Wednesday, the coins were reportedly purchased for approximately $52,765 per coin, equating to an outlay of just over $1 billion.

🔥 Daily Letter: http://letter.cryptonewsalerts.net​​​​​​

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://twitter.com/Bloqport/status/1363207832221462534

$BTCif 4h breaks down, be prepared for some uber bearish calls to start popping up on CTAB=CD & 1.618 fib both at 36.7k

meanwhile, i’ll be bidding the daily Kijun at 42k pic.twitter.com/xu7DCYCFk4

— Josh Olszewicz (@CarpeNoctom) February 25, 2021

https://gulfnews.com/business/company-releases/dubais-ibc-group-pledges-100000-bitcoins-the-largest-bitcoin-investment-in-history-to-support-setup-of-miami-20-blockchain-strategy-foundation-1.1613649280442

https://cointelegraph.com/news/microstrategy-purchases-another-1-billion-worth-of-bitcoin-now-owns-90-000-btc

https://cointelegraph.com/news/what-bitcoin-price-levels-will-invalidate-the-short-term-bear-scenario

🥇 To open an IRA with iTrustCapital and get 1 month FREE click this link: http://itrust.cryptonewsalerts.net

A top crypto analyst and trader says Bitcoin (BTC) and the rest of the crypto markets are on the cusp of a massive breakout that can push the valuation of all digital assets to $10 trillion.

Justin Bennett tells his 73,600 followers that the TOTAL chart, which tracks the market capitalization of all cryptocurrency assets, is threatening to take a crucial resistance area.

“Total crypto market cap is holding steady below resistance. $2.4 trillion is the level to break. $2.44 trillion to be safe.”

Bennett predicts that once TOTAL takes out its final resistance area, the skies are clear for a rise to $10 trillion in a matter of months.

“Total crypto market cap is testing its May trend line. Break that and carve fresh all-time highs, and we just might get that $10 trillion market cap in early 2022. Weekly chart.”

In other trending Bitcoin News today: Bitcoin’s $100K price target returns as BTC price breaks out of bull pennant!

Bitcoin looks poised to pursue a run-up towards $100,000 as its price breaks out of a classic bullish structure.

Dubbed as the Bull Pennant, the setup represents a price consolidation period with converging trendlines that form after a strong move higher. It ultimately prompts the price to break out in the direction of its previous trend to a level typically at length higher by as much as the size of the initial large move.

🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://cointelegraph.com/news/bitcoin-s-100k-price-target-returns-as-btc-price-breaks-out-of-bull-pennant

https://cointelegraph.com/news/long-term-bitcoin-bulls-hodl-strong-despite-five-month-price-high

https://cointelegraph.com/news/need-some-bitcoin-hopium-this-chart-calls-for-new-btc-price-all-time-high-by-november