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Is the Ripple XRP Price getting ready to fly?
This is an extremely good time for XRP.
Before the XRP Swell event in 2017, the XRP price shot up 115% and the next year, a much bigger spike of 220% was seen in its price.
Based on these historical gains, XRP can jump anywhere between $0.30 to $0.60.
However, once the event is over, XRP price losses as much as half of its value.
The digital asset saw a drop of 42% and 51% in 2017 and 2018 respectively after the event.
Hosted by Ripple, Swell brings experts from the field of financial services, payments, technology, and policy together to share “what’s unfolding in global payments today – and why it matters.”
The Swell event, that has been launched to compete with its rival Swift – the organizer of the Sibos conference – will be held this time from November 7 – 8 in Singapore.
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:
The 10 largest crypto companies by number of employees:Binance: 1,635Coinbase: 1,195ConsenSys: 868OKEx + OKCoin: 548Ripple: 508Bitmain: 475Huobi: 453Circle: 350Tron: 250Bitfinex: 220
Source: LinkedIn
— Yano (@jason_yanowitz) October 11, 2019
XRP Ready to ‘Swell’ 220% in the Next Three Weeks as Ripple Event Nears
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BITCOIN COULD SURGE TO M WITHIN FIVE YEARS, SAYS CRYPTO HEDGE FUND MANAGER! TRUMP OR BIDEN VS BTC?
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Morgan Creek Digital Assets co-founder and partner Jason Williams says Bitcoin could meteorically rise nearly 17,900% in five years as BTC solidifies its position as a safe haven asset.
In a Norwegian Block Exchange interview, Williams offers his bull scenario for the world’s leading cryptocurrency.
“Bitcoin could hit $1 – $3 million dollars in the next five years. People have no idea what it will look like when large banks and countries start holding Bitcoin in their treasury.”
The crypto hedge fund manager highlights Bitcoin’s scarcity as a key characteristic that will attract more institutional players and continue to drive the value of the king cryptocurrency.
In the last few months, institutional players in the form of publicly traded companies have announced their entry into BTC with multi-million-dollar investments.
In September, business intelligence company MicroStrategy upped their BTC investments to $425 million. Last month, payments giant Square revealed that it made a $50 million BTC acquisition.
With more institutions flocking into the number one cryptocurrency, Bitcoin Treasuries reveals that publicly traded companies have increased their BTC holdings from over $6.9 billion in mid-October to $10.7 billion this month.
In April, when Bitcoin was trading around $6,000, Jason Williams predicted that BTC would surpass its all-time high of $20,000 this year.
In other trending Bitcoin News today:
Trump Or Biden? Max Keiser Explains Why Bitcoin Will Be The Ultimate Winner After the US Elections
Famous TV host Max Keiser explains how Bitcoin will emerge as the ultimate winner, despite who wins the 2020 US Presidential elections.
Max says, “With Trump, who at least understands something about capitalism, the ascent of Bitcoin would be slower as I believe he would calm markets by having the US enter the global hash war that Iran now leads in a Sputnik-like call to enter the Hash Race moment.”
Keiser added that the US needs to strive for a “big slice of Bitcoin’s global hash rate before our competitors do. I know of several countries that will soon announce major sovereign underwritings of BTC hash rate to try and oust Iran’s position.”
Keiser’s views see BTC sharply explode in value in case Biden emerges the winner come Sunday.
“As I’ve said, a Biden win would accelerate Bitcoin’s advance as panic-buying from those looking to escape the socialists, money printers, and MMT’ers goes into hyperdrive.”
“It will be like the 1938’s Kristallnacht (also known as the Night of Broken Glass or the November Pogrom), jack-booted armed thugs will go door-to-door stealing property in the name of social justice.”
Bitcoin is bigger than the elections, asserted Keiser.
It’s an asset that has no real “correlation with anything – stocks, bonds, currencies, gold, commodities, or property – and certainly no political parties or political outcomes, here in the US or anywhere in the world.”
Bitcoin is correlated only to Bitcoin. Despite the outcome of the upcoming elections, Bitcoin will still be backed “by an insatiable hunger.” It’s a cosmic scale hunger because “Bitcoin is the Big Bang of money.”
“To be clear, I don’t mean BTC is backed by energy. What I’m saying is, it’s backed by code that’s unstoppably programmed to consume all available energy on Earth and beyond, to create absolute monetary scarcity to elevate humanity to a more pure spiritual state of existence. Transcendence on this scale takes synchronization and massive amounts of energy.”
Keiser also said that no matter who’s the US president, Bitcoin is on its way to take out gold as the ultimate monetary store of value and doubled-down on his 40x-80x price prediction.
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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:
Post Views: 280 -
BITCOIN IS 'STILL ON TRACK' TARGETING 8K STOCK-TO-FLOW PRICE LIKE CLOCKWORK!! K BTC NEXT?!!
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With Bitcoin closing the month of October at $13,816, this signals the highest monthly close for BTC since December of 2017.
October’s monthly close also signals the highest red dot close to date via the Stock-to-flow model, a clear indication that this controversial Bitcoin price prediction model is right on track ‘still’ targeting $288K by 2024.
Bitcoin briefly spiked above $14,000 again, this time perhaps on news from the US Presidential elections.
The altcoins have erased most of yesterday’s losses, and the market capitalization has added about $10 billion.
Bitcoin broke above the coveted $14,000 mark on Saturday for the first time since January 2018.
Since then, though, the asset has primarily struggled with maintaining its high price tag.
In fact, BTC even dipped below $13,300 on two occasions in the following days.
It started recovering yesterday when it jumped above $13,500 and stayed above it for most of the past 24 hours.
Just a few hours ago, the primary cryptocurrency headed higher once more.
With a few decisive candles, Bitcoin surged to $14,050 (on Bitstamp) before retracing to its current level – $13,800.
Interestingly, the price increase coincided with surfacing reports that the current US President Donald Trump has become the betting favorite to win the 2020 Presidential elections.
Nevertheless, popular TV host Max Keiser recently highlighted that despite who’s the US President following the elections, Bitcoin will emerge as the ultimate winner.
In other trending Bitcoin News today:
“$17K Next? Watch These 3 Key BTC Price Levels”
Bitcoin (BTC) has been on a tear and there’s no escaping it.
But the majority of high-cap altcoins are seemingly suffering at the hands of this bull run, leading to the question: have we had our altseason already?
Is it over or is there more to come?
Bitcoin has been eating up multi-year resistance levels like Pacman on an amphetamine-induced rampage lately, smashing through $11,300, then $12,400 then $13,100 before being rejected around the $14,000 level.
After $14,400 there isn’t much in the way of resistance until $17K before a new all-time high can be printed for the king of cryptos.
But the question is can Bitcoin run out of steam?
In other trending BTC News today:
“Bitcoin Bull Cynthia Lummis Wins US Senate Seat”
Cynthia Lummis, the Republican Party candidate for Wyoming, “publicly said” on the night of November 3 “that she wants to defend [crypto] against federal encroachment,” per a tweet from Avanti Bank & Trust CEO Caitlin Long, a Wall Street veteran and fellow crypto advocate.
Lummis is known to be a long-term bitcoin enthusiast and said she made her first purchase in 2013, in the days when one could buy BTC 1 for around $300.
Lummis has previously served in Congress, and recently told the Wyoming Blockchain Stampede in a video interview, “During my time in Congress, I first learned about bitcoin. I was struck by how innovative bitcoin is with its decentralized public ledger and a fixed supply. […] Knowing that there are only going to be 21 million bitcoin makes it an attractive store of value.”
This last point, she stated, was important as the USD’s status as the world’s de facto reserve currency is now coming under threat.
“Bitcoin, to me, has shown great promise and may rise as a viable alternative store of value to the US dollar, both on the institutional level and the personal level. That potentiality is something we must at least acknowledge in our conversations about the economic future of our country.”
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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:
Price of #Bitcoin at the last 3 US presidential elections: 2012: $102016: $7002020: $14,0002024: ?
Where do you think the $BTC price will be in 2024 at this time? My prediction is $288K! 😎🚀
— Crypto News Alerts (@CryptoNewsYes) November 4, 2020
SENATOR LUMMIS…YESSS!!!🤠 She is likely to be one of the most powerful US senators, given how divided the new senate appears to be. She LOVES what #Wyoming did in #crypto—publicly said tonight that she wants to defend it against federal encroachment. 🙏Congrats Sen Lummis!🚀 pic.twitter.com/FVI7sBcB2t
— Caitlin Long 🔑 (@CaitlinLong_) November 4, 2020
#Bitcoin may undergo a parabolic 2021, as it did in 2013 and 2017, if previous patterns play out again. New highs are a next potential iteration and may be only a matter of time unless something we don’t foresee trips up the trend of greater adoption and demand vs. limited supply pic.twitter.com/w742J7bXfC
— Mike McGlone (@mikemcglone11) November 4, 2020
https://cryptonews.com/news/bitcoin-bull-cynthia-lummis-wins-us-senate-seat-8197.htm
https://cointelegraph.com/news/can-bitcoin-hit-17k-next-watch-these-3-key-btc-price-levels
https://cointelegraph.com/news/bitcoin-is-targeting-288k-stock-to-flow-price-like-clockwork-planb
Post Views: 231 -
MAX KEISER SAYS SEVERE BITCOIN SHORTAGES CAN TRIGGER A GAP BETWEEN K AND 0K TO OVERTHROW FIAT!
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Bitcoin pioneer Max Keiser, RT host of the Keiser Report went on an epic Twitter rant about BTC having enough interest right now to overthrow government, fiat currency and the central banking system.
“We have enough interest in Bitcoin now to overthrow fiat and central banks. We don’t need any new Bitcoiners. If you’re not aboard, there’s still time, but not much. Severe shortages are developing and we may see a gap between $20,000 and $200,000 before any liquidity again.”
“I spent ten years educating people about Bitcoin. Now it’s time to pull up the drawbridge ($20,000) and overthrow fiat money and central bankers and watch panic-buying by HNWI gap the price to $200,000.”
“Bitcoiners should avoid regulators. They are poison. Just focus on getting large funds and HNWI to panic-buy BTC to trigger a gap to $200,000, then we can overthrow government as well as fiat money and central bankers. (Yellen combining Treas. Dept. with Fed makes it easier).”
In other trending Bitcoin News today:
On-Chain Analyst Says Bitcoin Hodlers Are Only Getting Stronger
According to on-chain analyst Willy Woo, the price of Bitcoin (BTC) could achieve a “conservative” target of $200,000 in 2021. The prediction revolves around the fact that long-time investors seem more confident in the recent rally.
There are two key data points that suggest Bitcoin’s ongoing rally could explode higher. First, “HODLers,” or long-time BTC holders, aren’t moving their funds for longer than in previous rallies. Second, BTC held on exchanges continues to decrease, which reduces selling pressure.
The re-accumulation of Bitcoin has remained a consistently bullish trend throughout 2020. It has continuously decreased the selling pressure on BTC, allowing a more stable rally without major 30%-40% corrections as frequently seen in 2017.
Woo noted that he is bullish for 2021 because Bitcoin’s re-accumulation phase means the amount of BTC that could be sold is much lower compared to the previous bull cycle. He said:
“I’ve never been so bullish for 2021. This re-accumulation phase coincides with spot market inventory depletion roughly 2x longer and deeper than the last cycle. It will send BTC.”
Atop the declining Bitcoin reserve on exchanges, Woo found that HODLers are “holding stronger.” In 2017, the amount of gain per the amount of capital invested in Bitcoin hovered at around $0.25. This figure increased to $0.35 in 2020, which means more investors expect event bigger profits in the future.
Based on the combination of the two optimistic on-chain trends, Woo said that Bitcoin could achieve a “conservative price” of $200,000 by the end of 2021. He explained:
“My Top Model suggesting $200k per BTC by end of 2021 looks conservative, $300k not out of the question. The current market on average paid $7456 for their coins. You all are geniuses.”
As reported in May, Bitcoin HODL wave data also supports the argument the HODLers from the 2017-2018 bull cycle aren’t selling at these relatively high prices, including high-net worth individuals or “whales.”
However, this data also suggests that some earlier HODLers from three to seven years ago are taking profit after a prolonged BTC rally, heightening the chances of a correction in the short term.
Willy Woo has been calling for an extended Bitcoin bull run since March 2020.
On Mar. 4, Woo told Max Keiser, the host of RT’s Keiser Report, that Bitcoin could hit $135,000 in the bull run. He said at the time:
“You go could 35 times the cumulative average of the price — and that’s actually picked every single top in the ten-year history of Bitcoin — right now that’s sitting above $50,000, but it keeps climbing the longer it runs for.”
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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:
We have enough interest in #Bitcoin now to overthrow fiat and central banks. We don’t need any new Bitcoiners. If you’re not aboard, there’s still time, but not much.
Severe shortages are developing and we may see a gap between $20,000 and $200,000 before any liquidity again.
— Max Keiser (@maxkeiser) December 5, 2020
#bitcoin and central bank balance sheets (money ‘printing’) have gone hand in hand last 10 years .. but now BTC is lagging behind .. about two orders of magnitude (100X). Room for growth? pic.twitter.com/zAXN93qlTJ
— PlanB (@100trillionUSD) December 6, 2020
Views on 2021 (THREAD):My Top Model suggesting $200k per BTC by end of 2021 looks conservative, $300k not out of the question.
The current market on average paid $7456 for their coins. You all are geniuses. pic.twitter.com/5t1pHXwE0b
— Willy Woo (@woonomic) December 1, 2020
https://cointelegraph.com/news/3-key-metrics-to-watch-as-bitcoin-price-tries-to-top-20-000
Post Views: 290