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The first official day of the Bitcoin 2021 conference in Miami, Florida yielded no shortage of newsworthy events. My favorite highlight is Bitcoin O.G. Max Keiser on stage with Microstrategy CEO Michael Saylor chanting, “WE’RE NOT SELLING, FOOK ELON”!! Max’s energy was off the blockchain contagious and through the roof.
Thousands of conference-goers came together to take in speeches, interviews and panels from a wide array of guests, such as Miami mayor Francis Suarez, who spoke about the city’s efforts “to create the Bitcoin, blockchain and mining capital of the world.”
In other trending Bitcoin News today: Kraken CEO Stands by His $200k Bitcoin Year-End Target; Clear Regulation Will ‘Open the Floodgates’
“The excitement around the space is so hot. I think people just see this growing massively. So not worried about this little dip. You know we’ve seen this over and over. Crypto is a roller coaster. You got to be able to have an iron stomach to tolerate the ride. But you know the gains are massive for those who can handle it.”
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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-2021-conference-miami-here-s-what-you-missed-so-far
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CRYPTO BULL MIKE NOVOGRATZ DRAMATICALLY INCREASES BITCOIN PRICE PREDICTION FOR END OF 2021!!
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Mike Novogratz, CEO of crypto management firm Galaxy Digital, is dramatically pushing up his bullish Bitcoin price prediction for 2021.
In a Bloomberg Technology interview, Novogratz shares that he’s witnessing the rising interest of big and institutional investors into BTC.
“We started seeing one group of investors after another. It was corporates with Square and MicroStrategy and Tesla. It was insurance companies with Mass Financial and others. It’s high-net-worth individuals. It’s ETFs (exchange traded funds).
All of a sudden, we went from a world where buying Bitcoin was kind of fringy or risky to not having it being risky right to not having this part of your portfolio in a world of central banks printing money. Our business at Galaxy is booming. We can’t hire salesmen fast enough to cover all the institutional accounts that want to either understand it or participate.”
As more institutions embrace the flagship crypto asset, the Bitcoin bull predicts that the BTC price will more than double and hit $100,000 by the end of 2021.
“It feels like we’re going to consolidate a little bit here in this $50,000 area, caught [between] $42,000 to $60,000 but then the next big leg is up to $100,000, and that wouldn’t surprise me at all if we crack a hundred by the end of the year.”
In November 2020, Novogratz predicted that Bitcoin will hit $20,000 first and then $65,000. The Bitcoin advocate’s newest projection presents an upside potential of nearly 120% as the leading cryptocurrency is currently trading around $45,500.
Novogratz adds that he believes older investors will likely get into the Bitcoin revolution soon.
“You know it surprises me. I’m saying that you know where I was in November, but the adoption I’m seeing is shocking, and it’s not like I’m just guessing. I’m looking behind me, in front of me, and seeing all these new projects that are coming, banks that are going to issue products for their wealth management businesses. Every big bank in America is working on a wealth management product, and so we’re going to get into the baby boomers sooner than I thought we would.”
In other trending Bitcoin News today:
3 reasons Bitcoin Recovered By 8% Overnight — Key Levels To Watch Next
The price of Bitcoin (BTC) recovered by more than 8% overnight on March 1 following a steep drop during the weekend.
There are three reasons the price of Bitcoin recovered swiftly in the past 24 hours. They include the recovering global stock market, rising Coinbase premium, and a typical weekend reversal.
The global stock market has started to recover as soon as the market opened on Monday, March 1.
The stock market slumped over the past week due to the rising Treasury yield curve. As the bond market rallied, risk-on assets, such as stocks, saw a pullback.
Holger Zschaepitz, said the global risk markets started the week strongly as bond yields eased. He said:
“Global risk mkts start the week on the front foot as bonds rally. Australia’s 10y yield fell 25bps, German 10y drops 3bps ahead of inflation data. US 10y steady at 1.41%. Following last week’s bloodbath, easing in bond yields is big relief. Gold gains to $1757. Bitcoin at $46.8k.”
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Trezor: ► http://trezor.cryptonewsalerts.net
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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:
The all-fiat money global experiment that started in 1971 led to increasing synchronized central bank policies. Now, there is only one global bank. And it’s about to fail (due to a collapse in confidence in fiat money, exacerbated by the rise #Bitcoin) pic.twitter.com/Fg82WkA9CI
— Max Keiser (@maxkeiser) February 28, 2021
Citibank have released a 106-page report on #Bitcoin.
BTC’s attributes “could spur it to become the currency of choice for international trade…. Bitcoin is at a tipping point and we could be at the start of a massive transformation of cryptocurrency into the mainstream.” pic.twitter.com/i8lrpxn5Ha
— Bloqport (@Bloqport) March 1, 2021
https://cointelegraph.com/news/3-reasons-bitcoin-recovered-by-8-overnight-key-levels-to-watch-next
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THIS ARAB WHALE IS BUYING $4.8 BILLION IN BITCOIN TO SETUP MIAMI 2.0 BLOCKCHAIN STRATEGY FOUNDATION!!
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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.
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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:
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
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TEEKA TIWARI: INSIDE A MONEY-MAKING SYSTEM LIKE NO OTHER | Top 10 Cryptocurrency Trends In 2019
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In other Bitcoin (BTC) and Cryptocurrency news today…
Coinshares reveals the “Top 10 Crypto Trends in 2019.”
In collaboration with top research firms, institutions, and enterprises, their research identifies the top trends shaping the Cryptocurrency space.
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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:
https://coinsharesgroup.com/research/2019-crypto-trends-report
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