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Vitalik Buterin enters ‘Beast Mode’ with the deadline for the gradual launch of Ethereum 2.0 just around the corner.
In other Cryptocurrency news today:
The Bitcoin price pumps to $8,800, only to crash $500 back down to $8,800 in a ‘Logistical Move’ according to Crypto trader Scott Melker.
Are Altcoins ready to explode?!
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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.
News Resources From Today’s Show:
https://cointelegraph.com/news/bitcoin-price-hits-88k-only-to-crash-in-a-logistical-move-trader
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NYDIG: WE’LL SEE AN ‘EXPLOSION’ IN BITCOIN DRIVEN FINANCIAL INNOVATION BANKING OVER THE NEXT YEAR!!
💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
“Bitcoin is life insurance” is how Ross Stevens, founder, and CEO of NYDIG, a BTC management company, which is the subsidiary of $10 billion asset manager Stone Ridge, defined the cryptocurrency in his latest interview.
Ross Stevens also revealed that he had a meeting with the heads of three of the world’s largest central banks about Bitcoin and inflation. He believes that we could see a central bank adopting the bitcoin standard or purchasing BTC as a reserve asset in the next 12 months.
In other trending Bitcoin News today: Ethereum co-founder Vitalik Buterin has posted a lengthy paper on the limits to blockchain scalability, criticizing claims made by Tesla’s CEO, Elon Musk.
“For a blockchain to be decentralized, it’s crucially important for regular users to be able to run a node, and to have a culture where running nodes is a common activity.”- Vitalik
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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:
“He’s actually a government apparatchik. He exist entirely on carbon credits. He got the tap on the shoulder & he’s been tasked with trying to go after #bitcoin. You got J Yellen, you got J Powell, you got central bankers, you got the IMF, you got Christine Lagarde…”-@MaxKeiser
— Crypto News Alerts 🔥🎙 (@CryptoNewsYes) May 23, 2021
Post Views: 206 -
‘Rich Dad Poor Dad’ Author Predicts K Bitcoin Price | BTC Most Exciting Breakout in Over a Year
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“Rich Dad Poor Dad” Author Predicts $75,000 Bitcoin Price By 2023
It has been hard to miss the recent tweets from BTC bull Robert Kiyosaki.
The Vietnam veteran — best known for his book “Rich Dad Poor Dad” on financial wellness and success — has been putting his foot to the gas recently in promoting the leading cryptocurrency, gold, and silver.
He doubled down on this recently, asserting in a tweet that he thinks Bitcoin could hit $75,000 in the coming three years. In a semi-viral tweet published May 16th, Kiyosaki suggested that with the “economy dying” and “hope” fading, he’s growing especially bullish on Bitcoin, gold, and silver.
The author-entrepreneur is so bullish on these assets, in fact, that he predicted a $75,000 Bitcoin price within the next three years, along with a near-doubling of gold’s price in a year, and a doubling of silver’s price in the coming five years.
“ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST.”
The reason why he’s so bullish on Bitcoin and precious metals is that he thinks the actions by the world’s governments and central banks are propping up a system of “fake money” poised to collapse.
The “Rich Dad Poor Dad” author specifically cited the lack of interest rates, along with the quantitative easing programs by central banks, as a way to corroborate his point.
Kiyosaki believes that as a result of these macroeconomic trends, investors will flock to store of values and noncorrelated assets to secure their wealth in the long run.
And to him, the assets that can provide such security are precious metals and Bitcoin.
As the outspoken entrepreneur fittingly put it in April, Bitcoin is the “people’s money,” gold is “god’s money,” and fiat is “fake money.”
In other trending Bitcoin News today:
Bitcoin Price Charts Hint at the Most Exciting Breakout in Over a Year
If Bitcoin closes above $9200 this week, it’s an incredibly bullish sign — and perhaps the biggest since the 2017 bull run — for the coming weeks and months.
The price of the top-ranked cryptocurrency by market capitalization, Bitcoin (BTC), is set to explode in the coming week providing the weekly candle opens above $9,200.
This would signal the end of a 46-week descending channel that BTC/USD has been locked in since it nearly tapped $14,000 in the summer of 2019.
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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:
ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST.
— therealkiyosaki (@theRealKiyosaki) May 16, 2020
This started as a joke, but now I’m afraid I’ll never be able to log in to Twitter again without someone getting angry I don’t own Bitcoin. One day you’ll see a wizened old woman in the street, trying to trade a Harry Potter book for a potato. Be kind. She did try to understand.
— J.K. Rowling (@jk_rowling) May 15, 2020
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TWITTER CEO: BITCOIN IS STILL THE MOST VIABLE INTERNET-NATIVE CURRENCY!! BTC PRICE PREDICTION!!
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The world of Bitcoin and Cryptocurrency moves at a whirlwind pace but the Twitter / Square CEO Jack Dorsey remains committed to BTC.
In an interview with Reuters on Sept. 10, Dorsey, who also founded the mobile-payment platform Square, said he believes Bitcoin’s potential still outshines later developments:
“I think the internet warrants a […] native currency and […] Bitcoin is probably the best manifestation of that thus far. I can’t see that changing given all the people who want the same thing and build it for that potential.”
Dorsey connected BTC’s founding principles with the cooperative and decentralized ethos that he considers to be the driving spirit behind the web:
“The internet is something that is consensus-driven and is built by everyone, and anyone can change the course of it. Bitcoin has the same patterns, it was built on the internet.”
Dorsey lauded the fact that “anyone with a great idea” who wants to be part of Bitcoin can join the community — they “don’t have to be part of a company,” he said.
Dorsey appeared committed to both Bitcoin and the internet in an idealized form — free from the specters of oligopoly, the excesses of corporate and government surveillance, and the stubborn asymmetries of power and capital that the advocates of decentralization must necessarily wrestle with.
Consistent with this belief in the possibility for grassroots control over the cryptocurrency’s — and the internet’s — future direction, Dorsey told reporters that it’s important to focus on improving users’ experience of Bitcoin in order to foster its widespread adoption.
In other trending Bitcoin News today:
Bitcoin Price Prediction: BTC Crucial Liftoff to $12,200 – Discovering On-Chain Metrics
The flagship cryptocurrency is currently stuck in consolidation.
The sluggish price movement comes after recovery from the recent dips under $10,000.
On the upside, BTC is limited under $10,400.
Meanwhile, the Bollinger Band highlights that ongoing consolidation is nearing an end.
As the Bollinger Bands squeeze, volatility continues to build.
Therefore, BTC could be heading into a period of high volatility and drastic price movement, but in which direction would be the breakout?
According to Timothy Peterson, CAIA manager at Cane Island Alternative Advisors, every time Bitcoin’s “30-day return hits this lower threshold (we are very close now), it is usually followed by 30-day gains of 20 – 40%.”
In other trending Crypto News today:
CNBC’s “Mad Money” Host Jim Cramer Is Finally Buying Bitcoin
According to popular Bitcoin bull Anthony Pompliano, he just convinced “Jim Cramer to buy Bitcoin.”
The details of the interview are not out yet, but Pompliano remarked in his replies that the financial analyst and investor “understands the benefit of Bitcoin better than most.”
“Just convinced Jim Cramer to buy Bitcoin. Reply to this tweet with your best meme or gif to welcome the world’s newest Bitcoiner”
Cramer’s comments come a year after he was openly hesitant to buy Bitcoin. Responding to a follower that asked if he thinks it’s logical to have 60% of his wealth in stocks and 40% in BTC, Cramer wrote:
“Mad Money into bitcoin? Hmmm.. not top of mind. but then again, it is YOUR mad money so you must do what you think is right.”
These comments, though, also come after he stated that Bitcoin could reach $1 million in 2017.
He purportedly said on Squawk on the Street,” another CNBC show, that the cryptocurrency had room to rally exponentially to the upside because of its decentralized nature.
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🔥 [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:
Just convinced @jimcramer to buy Bitcoin.
Reply to this tweet with your best meme or gif to welcome the world’s newest Bitcoiner 🔥
— Pomp 🌪 (@APompliano) September 10, 2020
CNBC’s “Mad Money” Host Jim Cramer Is Finally Buying Bitcoin
Post Views: 155