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Bitcoin pioneer Max Keiser, RT host of the Keiser Report and Orange Pill Podcast shares his latest Bitcoin price predictions after the recent massive 55% BTC market correction.
âMax & Stacy started buying BTC in 2011 â and have been through (and reported to millions of people) every single one of these corrections. $220,000 in 2021 still in play. Bitcoin new ATH by The Bitcoin Conference June 4th.â
In other trending Bitcoin News Today: This Large-Cap Coin Will Lead Crypto Markets Out of Correction, Says Macro Guru Raoul Pal. Former Goldman Sachs executive and Real Vision Group CEO believes one large-cap coin could spearhead the charge out of the crypto market correction.
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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:
https://cointelegraph.com/news/bitcoin-declared-dead-more-than-400-times-now
https://cointelegraph.com/news/bitcoin-dominance-likely-to-bounce-back-after-market-slump-report
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THE UPSIDE OF BUYING BITCOIN TODAY IS STILL 80X HUGE, THE RISK HAS NEVER BEEN LOWER SAYS MAX KEISER!
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âJust to be clear, the risk of buying Bitcoin today HAS NEVER BEEN LOWER and the upside is still huge, like 80x. This is why institutions are pouring in now. The risk has never been lowerâ, says BTC pioneer Max Keiser, host of the Keiser Report.
As Bitcoin Tina tweeted: âIf you donât understand how fast Bitcoin can be repriced you donât understand how markets work. TSLA went from the 150 range to the 450 range from the end of May to the middle of September. Bitcoin could reprice from 20K range to 75K range between now and February.â
Max Keiser responded with: âThis is true. In fact, I expect it. The risk reward ratio for Bitcoin right now is; youâre risking 1 to make 100. The risk/reward has actually NEVER BEEN BETTER.â
In other trending Bitcoin News today:
Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC
An SEC filing on Friday indicates that the next Wall Street institution to take a public position in Bitcoin may also be among the largest yet: the $275 billion financial services firm Guggenheim Partners.Â
The Guggenheim filing allows the Macro Opportunities fund to purchase GBTC, a publicly-traded Bitcoin investment vehicle from Grayscale, at an indeterminate point in the future.Â
âThe Guggenheim Macro Opportunities Fund may seek investment exposure to bitcoin indirectly through investing up to 10% of its net asset value in Grayscale Bitcoin Trust (âGBTCâ),â the filing reads.
According to independent ratings firm Morningstar, the Guggenheim Macro Opportunities fund currently has $5.3 billion in assets under management and sports a four-star rating âbased on risk-adjusted returns out of 270 Nontraditional Bond funds.â
Guggenheim describes the overall fund strategy for the institutional-grade shares (ticker: GIOIX) as a product of the investment teamâs âhighest-conviction ideas.â If the fund were to take the full 10% stake in GBTC, it would be worth north of $500 million.
The filing also notes a long list of potential investor risks associated with cryptocurrencies, which it refers to as âdigital assets designed to act as a medium of exchange.âÂ
Risks include lack of cryptocurrency exchange regulation, GBTCâs historical âsignificant premiumâ to net asset value, and uncertainty regarding tax laws and regulations, among others.
This preparatory move by Guggenheim appears to be part of a cascading series of investments indicating increased acceptance of Bitcoin among major financial institutions.Â
In August, business intelligence firm Microstrategy purchased nearly 40,000 Bitcoin, leading to a parabolic move in share price. Likewise, financial services firm Square, Inc bought $50 million in Bitcoin in October.
This rolling snowball of institution interest may quickly become an avalanche, as noted by one prominent voice in crypto journalism:Â
â2016: The institutions are coming! 2017: The institutions are coming! 2018: The institutions are coming! 2019: The institutions are coming! 2020: The institutions are here! 2021: Dammit, the institutions bought all the Bitcoinâ
In other trending Crypto News today:
Weekend Bull Trap? Traders Remain Cautious As Bitcoin Price Rebounds to $18K
The price of Bitcoin (BTC) surged above $18,000 on Nov. 29, reaching as high as $18,209 on Binance. However, traders are turning cautious despite BTCâs weekend rally.
Bitcoin currently faces resistance at around $18,200, which is also the 10-day moving average (MA) on the daily chart. As Cointelegraph reported yesterday, some traders still anticipate BTC to see another drop in the near term before the rally can continue.
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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:
2016: The institutions are coming!2017: The institutions are coming!2018: The institutions are coming!2019: The institutions are coming!2020: The institutions are here!
2021: Dammit, the institutions bought all the #Bitcoin
â Jon Rice (@JonRiceCrypto) October 17, 2020
Just to be clear, the risk of buying #Bitcoin today HAS NEVER BEEN LOWER and the upside is still huge, like 80x
This is why institutions are pouring in now. The risk has never been lower. https://t.co/LlPemmn4Zk
â Max Keiser (@maxkeiser) November 29, 2020
If you don’t understand how fast #bitcoin can be repriced you don’t understand how markets work. TSLA went from the 150 range to the 450 range from the end of May to the middle of September.#bitcoin could reprice from 20K range to 75K range between now and February. pic.twitter.com/kMABvU0AsJ
â BitcoinTinaâŁïž- “TINA” #bitcoin (@BitcoinTina) November 28, 2020
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Ethereum’s Ambitious Ascent: A ‘Parabolic Attack’ on Bitcoin as All-Time Highs Beckon
The cryptocurrency realm is abuzz with anticipation as Ethereum gears up for what has been dubbed a ‘parabolic attack’ on Bitcoin, aiming to surpass all-time highs. The question on everyone’s mind: Can Bitcoin reach the coveted $100,000 milestone in the face of Ethereum’s ambitious surge?
The focal point of this speculation revolves around Ethereum’s recent momentum, positioning itself as a formidable competitor to Bitcoin’s dominance. The article in question paints a vivid picture of Ethereum launching a ‘parabolic attack’ â a term that implies an explosive and rapid upward trajectory â in a bid to outshine Bitcoin’s all-time high.
Ethereum, known for its smart contract capabilities and decentralized applications, has seen significant developments, including the Ethereum 2.0 upgrade. As the platform evolves, investors and analysts are closely watching for signals that Ethereum could potentially outperform Bitcoin in the near future.
The idea of Ethereum beating Bitcoin to all-time highs introduces a new dynamic to the ongoing narrative of cryptocurrency market dynamics. Ethereum’s rise is not only seen as a testament to its technological advancements but also as a potential challenger to Bitcoin’s long-standing reign as the leading digital asset.
On the flip side, the article raises the question of whether Bitcoin can reach the highly anticipated $100,000 milestone. The crypto community has long speculated about Bitcoin’s potential to reach six figures, and Ethereum’s ‘parabolic attack’ adds an additional layer of complexity to this conversation.
Investors are now faced with the challenge of gauging the validity of these predictions and positioning themselves strategically in response to the evolving dynamics. As Ethereum vies for supremacy and Bitcoin seeks to maintain its position at the helm, the cryptocurrency landscape promises continued excitement and uncertainty.
It’s crucial for investors to approach these market dynamics with a comprehensive understanding of the factors at play. Market sentiment, regulatory developments, and technological advancements are among the variables that can influence the trajectory of both Ethereum and Bitcoin.
In the grand theater of cryptocurrency, Ethereum’s ‘parabolic attack’ introduces a subplot that captivates the imagination of traders and enthusiasts alike. As the crypto saga unfolds, the coming months will reveal whether Ethereum can indeed launch a successful assault on Bitcoin’s dominance and whether Bitcoin can achieve the elusive $100,000 milestone. Buckle up, crypto enthusiasts â the ride is bound to be thrilling!
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Tron CEO: Bitcoin Price to Break 0K in 2025 and Pull Up Other Coins | BTC WILL NOT STOP AT 0K!
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Tron CEO, Predicts That Bitcoin Price Will Cross $100,000 Mark In 2025
Justin Sun, the founder and CEO of Tron (TRX), the 15th biggest cryptocurrency by market cap, is investing in a number of Cryptos other than Bitcoin (BTC).
In a Feb. 23 interview with CNN, Tron CEO said that he is a long-term believer in cryptocurrencies and owns a stake in many altcoins, including the two largest coins after Bitcoin â Ethereum (ETH) and XRP.
When asked whether Sun has his crypto portfolio diversified, the Tron CEO answered:
âI own a lot of XRP and Ethereum, too. Iâm like a long-term believer of the crypto so I want all crypto assets to succeed. So thatâs why I own a lot of other different cryptos as well.â
As a major believer in crypto, Justin Sun is bullish on the price of cryptocurrencies and confident that cryptos like Bitcoin are the future of money.
In the interview, Tron CEO predicted that the BTC price will cross $100,000 mark in 2025, emphasizing that other cryptocurrencies will follow the trend.
Justin Sunâs $100,000 Bitcoin prediction in his own words: âI definitely believe Bitcoin will pass $100K in 2025.
I believe we can achieve this price before 2025.
At the same time, I think a lot of other crypto projects like Tron, Ethereum and XRP will also see bull market.â
CRYPTO EXCHANGE EXEC: BITCOIN WILL NOT STOP AT $100,000
Bitcoin is holding on to gains today as the threat of a larger correction looms.
The long term outlook is extremely bullish though, at least according to one crypto exchange executive.
Krakenâs director of business development, Dan Held, sat down with Nuggets News CEO Alex Saunders to discuss global markets, why bitcoin is the hardest money, and how it fits into the macroeconomic system.
Held got into BTC in 2012 after learning about the financial system crash in 2008.
He added that it was a tiny space back then and no major players in tech wanted to get involved in crypto.
He said that the scene now is so much different with many different products and institutional involvement.
This could spur a âsuper cycleâ with a lot more fiat flowing in which would take bitcoin prices to $100k in no time.
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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:
https://cointelegraph.com/news/billionaire-investor-tim-draper-quit-stocks-for-bitcoin-6-months-ago
https://cointelegraph.com/news/tron-ceo-bitcoin-to-break-100k-in-2025-and-pull-up-other-coins
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