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Venture capitalist Tim Draper was on Benzinga’s Crypto Festival to talk about the number 1 cryptocurrency BTC. Draper noted some trends which he believes will be the driving force behind bitcoin hitting $250,000 in 2022. 

Widespread adoption was one of these trends. He noted that people will eventually be able to use BTC in the way they currently use fiat currency. “One that happens,” Draper said, “there’s going to be a switch thrown in people’s heads.”

When asked when he planned to sell his coins, the billionaire replied, “Why would I want to sell the future currency for the past currency? I just can’t imagine anything more important for humanity than this.” As for Draper’s $250,000 prediction for the digital asset’s price in late 2022 or early 2023, he said, “I think we’re right on track.”

In other trending Bitcoin News today: BTC price returns to $50K as Bitcoin bears lose $450M in daily liquidations!

BTC swiftly reclaimed $50,000 on Thursday as bears felt maximum pain and lost hundreds of millions of dollars.

“Bitcoin facing final hurdle before $57K,” Cointelegraph contributing analyst Michaël van de Poppe tweeted in his latest update.

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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:

We’re Right On Track For Bitcoin At $250,000, Billionaire Tim Draper

https://cointelegraph.com/news/ada-price-hits-3-for-the-first-time-as-cardano-ethereum-lead-crypto-super-bull-cycle

https://cointelegraph.com/news/btc-price-returns-to-50k-as-bitcoin-bears-lose-450m-in-daily-liquidations

Episode 20

➡️ [PODCAST PROMO] Get 250,000 CMDX Tokens from our sponsor (Valued at $25) For Free: Tierion TNT coin is up a whopping 210% in the past 30 days and currently leading the Altcoin pack with 25% gains in the past 24 hours. In this in depth Tierion…

Episode 447

💰 Crypto’s Next $1 Trillion Coin: Blockchain investment firm Pantera Capital says Bitcoin looks like it will break the $100,000 level sooner than they originally forecasted. In a new letter to investors, CEO and co-chief investment officer Dan…

💰 Get FREE $100 In Bitcoin When You Open Tax-Free IRA Crypto Account With iTrust Capital: http://itrust.cryptonewsalerts.net

Right now, with the Bitcoin market cap sitting just under $1 trillion, BTC is only a very tiny fraction of the world’s assets combined. So in the grand scheme of crypto, this is why many analyst believe we’re still so early.

“If Bitcoin captures just 5% of the market cap of other assets on this chart, it’ll be worth over $2M/coin.”

In other trending Bitcoin News today: Bitcoin bears lack ‘balls’ to continue selling into 2022!

BTC bears will probably be too “stoneless” to keep prices down much longer, fresh Bitcoin price analysis argues.

In a Twitter series published Dec. 18, popular account Light summarized the events which led to Bitcoin’s recent 39% correction.

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🔥 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://www.fool.com/investing/2022/01/08/if-you-invested-100-in-bitcoin-in-2011-heres-how-m/

https://news.bitcoin.com/crypto-fear-and-greed-index-score-hits-5-month-low-analyzed-sentiment-points-to-extreme-fear/

Episode 485

💰 BlockFi: (Up To $250 Bitcoin Bonus) Crypto investment firm Pantera Capital has revealed a Bitcoin pricing model for BTC that places the world’s biggest cryptocurrency asset by market cap at staggering new levels. In the company’s April letter to…

Episode 1

➡️ 5 COINS to $5 MILLION REPLAY: New research suggest the Bitcoin price is being manipulated by futures settlement dates. The BTC price drops 75% of the time before futures expire. Wall Street analyst Tom Lee says, “Bitcoin’s recent crash continues…

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

In a somewhat surprising turn of events, the full-time Bitcoin troll Peter Schiff acknowledged that the BTC price could have another impressive leg up by reaching $100,000 or even $1 million per BTC.

“Clearly, I wish I had bought bitcoin when I first heard about it – that was a keen mistake. Could have I put $100,000 in it – yeah, I could have. I mean, I put $100,000 in other things that turned out poorly.

I could have been one of the Bitcoin billionaires now, as obviously I knew about it early on. If I could go back in time, that’s one of the things I would do.”

Furthermore, Schiff also spoke about BTC’s potential price increases. He admitted that it’s entirely possible that it could go as high as $100,000 or even $1,000,000 per coin.

In other breaking Crypto news today: Wells Fargo files for Bitcoin fund!

Wells Fargo, one of the oldest banks in the United States, has registered a new pooled investment fund that offers its wealthy clients indirect exposure to BTC issued in partnership with NYDIG and FS Investments.

NYDIG has also partnered with JPMorgan Chase on a new Bitcoin fund this summer — just one of the megabank’s six crypto funds, through which it has been offering crypto exposure to various clients.

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🔥 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://cryptopotato.com/peter-schiff-admits-bitcoin-price-could-reach-100k-but-remains-a-non-believer/

https://bitcoinmagazine.com/business/wells-fargo-and-jpmorgan-both-file-for-passive-bitcoin-funds

https://cointelegraph.com/news/blackrock-etfs-hold-384-million-of-shares-in-bitcoin-mining-firms

https://cointelegraph.com/news/bitcoin-price-returns-above-47k-as-crypto-market-shrugs-off-binance-kyc-news

Episode 20

➡️ [PODCAST PROMO] Get 250,000 CMDX Tokens from our sponsor (Valued at $25) For Free: Tierion TNT coin is up a whopping 210% in the past 30 days and currently leading the Altcoin pack with 25% gains in the past 24 hours. In this in depth Tierion…

Episode 462

💰 Crypto’s Next $1 Trillion Coin: The Bitcoin value is set to rise tenfold and will overtake that of gold, leading New York investment manager Cathie Wood, the CEO of Ark Invest has predicted. Cathie Wood, the veteran stockpicker, expects the…

Episode 461

💰 Crypto’s Next $1 Trillion Coin: Satoshi Nakamoto and Bitcoin saved Paris Hilton’s life, Max Keiser asserted, after she said she is very excited about BTC. The American businesswoman and celebrity Paris Hilton, owns Bitcoin and is “very, very…

Episode 460

💰 Crypto’s Next $1 Trillion Coin: Bitcoin trader and analyst Willy Woo says a growing BTC supply crisis will launch the leading cryptocurrency towards a multi-trillion dollar evaluation. As the market runs out of Bitcoin and institutional…

Episode 459

💰 Crypto’s Next $1 Trillion Coin: Cryptocurrency trader Ben Armstrong aka Bitboy Crypto tells his 733,000 YouTube subscribers that the Bitcoin price will soon break out to the six-digit zone. “I am very confident. I’m very confident that…

Episode 458

💰 Crypto’s Next $1 Trillion Coin: Alani Nicole, “La La” Anthony, a famous American TV personality, is into Bitcoin and expects the flagship cryptocurrency to take over USD in the future. La La Anthony invested 2-3% of her net worth…

Episode 457

💰 Crypto’s Next $1 Trillion Coin: Bitcoin exchange balances are dropping and that’s a bullish indicator that may propel the BTC price to a new all-time high, according to Danny Scott, CEO of crypto exchange CoinCorner who notes on Twitter that…

Episode 456

💰 Crypto’s Next $1 Trillion Coin: Bitcoin (BTC) neared $60,000 on March 30 after PayPal confirmed that it had formally launched cryptocurrency payments. “This is the first time you can seamlessly use cryptocurrencies in the same way as a…

Episode 455

💰 Crypto’s Next $1 Trillion Coin: The crypto analyst who first applied the stock-to-flow model to Bitcoin says the BTC bull market is just getting started despite its recent struggle to stay above $60,000. “In my opinion, we are only about 4…

Episode 454

💰 Crypto’s Next $1 Trillion Coin: Trading veteran and BTC chart guru Peter Brandt is predicting a massive Bitcoin explosion before this year expires. In a new interview on Real Vision Finance, Brandt says Bitcoin could erupt nearly 260% from…

Episode 453

💰 Crypto’s Next $1 Trillion Coin: Bitcoin still gets criticized for being too volatile, but one Bloomberg analyst believes that BTC is conversely becoming a “risk-off” choice for investors. In a tweet on March 25, Mike McGlone…

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Popular analyst and trader Michaël van de Poppe is providing his take on the latest market correction while naming a set of altcoins that have caught his attention.

“It’s great to see the strength on altcoins. Yes, we’ve got some news regarding Bitcoin and Elon Musk (Tesla CEO), but essentially, not much has changed. Markets are still bullish.”

In other trending Bitcoin News today: Mark Cuban Responds to Elon Musk, Says Bitcoin and Crypto Will Benefit Society and the Environment!

Dallas Mavericks owner Mark Cuban says his NBA franchise will continue to accept Bitcoin as payment despite Elon Musk’s recent announcement that Tesla will not. Cuban tells his 8.4 million Twitter followers that, as a store of value, BTC is in fact a better environmental alternative to gold.

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🔥 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/as-bitcoin-price-staggers-whale-wallets-may-be-becoming-an-endangered-species

https://cointelegraph.com/news/altcoins-pop-while-bitcoin-looks-for-support-near-50-000