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Evangelism on SermonAudio
A highlight from Evangelism: Muslims and Mormons
"Of things, looking at how when we speak and reach out to those who are around us, specifically we'll be talking about Muslims, Jehovah's Witnesses, Mormons, and then atheists as well. What are some things that as we seek to point them to Christ, what are ways in which we can engage them well? And so we are going to do those things together here. And with anything that you talk about, especially other world religions, I know pastor has been going through different denominations in the morning and kind of looking at some different aspects of denominations. I thought this would kind of be somewhat in line with that, looking at other religions and ones that are a little bit more common to you and I, maybe some less than others, but how is it that we can engage with them well? And of course, many things can be said about Jehovah's Witnesses, what they believe, Muslims, what they believe. And so the point of this isn't to give an exhaustive discussion about everything in which a Muslim or a Mormon might believe, but just to give us some handles that we can hold on to in our brains as we discuss the gospel with them. I know for myself, sometimes if I see someone on the side of the road and let's say I know they're a Jehovah's Witness, you know, there was times in my life where I would say like, ah, well, I don't really want to engage with them because I don't really know what they believe and I don't know how to answer all their questions, so I'm just going to, you know, I'm not going to talk to them. Whereas with Mormons, I had a lot more understanding of Mormonism and I had talked to a lot more Mormons. When a Mormon would come to the door, I'd be like, ah, come on in guys, like you want to come in? I'll get you some water? I'm like, let's chat. Because I had a better understanding of the Mormon faith and I felt like I was ready to engage them. I felt like I was ready to have an answer for questions and try to point them to the gospel. And so the point of all of this is to equip us as a church, to equip us as saints, as we go out into the world, at your jobs, in your neighborhood, with your family members. We might not all have a Mormon cousin, but you probably have an atheistic coworker. And so being able to engage them with the gospel and feeling that you are equipped, and I know many of us are, many of us are, so I hope this will just be a supplemental help to you in that endeavor. And so we're going to begin working through these notes. And if you look at your notes, the first one is Islam. And I recognize that Islam is not huge in the Midwest, in Omaha, Nebraska in particular. For sure there are Muslims. I've talked to a few since we've been here, walking around different parts of Omaha, but you almost have to go and find them. But I'm sure that even, I know, I'm speaking to Dan Williams and others that there are coworkers even here in Omaha that are, hold to the Islamic faith. And so I want to walk through each one of these religions together, give us a little brief understanding of their history. And because Islam is so big, where we are in Mombasa, a large portion of Mombasa is Islamic. A lot of times you'll have Somalis in particular that we're working with. The father will be here working in America and he will, they'll live here as a family for many years, but eventually as the kids get older, they send their kids back to a place like Mombasa because it's not, you know, a war -torn place like Somalia, but there's a large Islamic influence there and they want their children to be brought under that Islamic influence. And so we'll have a lot of Somali Muslims that are there, the kids in the model are there, and they're being taught and trained in that Islamic culture, and while the dad is here in America working and supporting them. And so there's Muslims here and I hope I'm writing that. I hope, I know a lot of times we can be afraid of Muslims, but there's, for the most part, there's no reason for that theory. So what I want to do is spend a little bit more time on Islam because again, it's something that we have been very, very engaged in, spending many hours talking with Muslims, and so it will be a little bit more in -depth, but I will try to walk through this one quickly. So today for the Sunday School, September 24th, Understanding the Other Side, we're going to be looking at Islam and Mormonism. Just out of curiosity, just out of curiosity, how many of you have either, you know, neighbor, relative, co -worker, whatever, who is Muslim, Mormon, Jehovah Witness, or atheist? Just raise your hand. Just probably raise your hand. So at least somebody, right? There's somebody. Now if he just said Muslim, there might be like two hands that go up, but that's all right. We'll get to the others, okay? So very briefly, I'm going to try and be brief, okay? I was trying to be brief with these notes and they ended up being 11 pages, so not off to a good start, but that is all right. So as you've seen in your notes, Islam, A, the history of Muhammad, early life. So of course, whenever you speak of Islam, you're speaking of Muhammad, and so if you talk to any Muslim, they will talk to you about the prophet Muhammad, and then they'll go on to say, just be upon him and ramble on these Arabic blessings about his name, but Muhammad was born in AD 570 and he died in AD 632. And in his life, living in Saudi Arabia, born in the city of Mecca, he had a rough childhood. His parents both passed away as a young boy. As a six -year -old boy, he went off to live with his uncle, or his grandfather, and then as an eight -year -old, as his grandfather died, he went off to live with an uncle, and so he was kind of moved around from family to family. He joined in the family business of being a camel caravan driver, so he would go on all of these long trips across Saudi Arabia, Syria, with his uncle and others that they were working for, traveling all over the place, delivering goods. At that time, in Saudi Arabia, of course, at this time, it was not an Islamic country as we think of it today, but there was all sorts of Gnostic Christianity, which is no Christianity at all. It taught a dualistic type religion and many, many problems with some Judaism, other pagan religions, polytheism. There's just a hodgepodge of religion going on in Arabia at that time. And so Muhammad would have come across all of these things as he's traveling around, listening to stories, discussing with other people. The Quran itself tells us very little about Muhammad himself. We don't really understand much about Muhammad at all if you've got random passages that don't really connect with anything, and you have to have some sort of grid to really be able to understand that. And you find that grid within the other important literature in Islam, which are the Hadiths, the Sirat, and these other religious important books that give the traditions and the understanding of who Muhammad was and what he did and all of that. And so in the Islamic literature, we discover these things about Muhammad, where he was and what it was like for him growing up and these other things. And so you might think, okay, you know, the pastor's going through Quranicals, and so we don't really want to go through any more genealogies with Muhammad and figure out who his grandpa and all of those people were. And that's not the point of discussing him being moved around and all of these things. But it is important to note that Muhammad was exposed at a young age as he's traveling all over to various religions. He's hearing different stories as he's traveling around. He's hearing stories from Gnostic Christians, again, who are not Christians at all. And if you read and study the Quran, you find that Muhammad oftentimes quotes things in the Quran that he either thinks are biblical excerpts, or he thinks that they come from the Jewish scriptures in the Old Testament. But as a matter like the Arabic Infancy Gospel of Matthew and these other Gnostic gospels that no Christian would have accepted, what Muhammad quotes is that he believes that they are, in fact, the Christian scriptures. And so this happens time and time again. Muhammad thinks he's quoting from the Bible, but he's really quoting from the Jewish Talmud. And this happens oftentimes. And so the understanding that Muhammad had of Christianity is by no means what you and I, and so even if you read the Quran, you see that Muhammad believes that the Trinity, the Trinity that the Christians believe in is God the Father, Mary, and Jesus. Of course, no Christian believes that the triune God is made up of Mary, and not even, if you want to try to point the finger at Catholics or Orthodox, not even Catholics or Orthodox go so far as to worship Mary. And so there's just a, in many ways, a bad understanding, for lack of a better word, a bad understanding of Christianity within the mind of Muhammad. But at the age of 25, Muhammad is employed by a woman named Khadija. He starts running his own caravan. He eventually marries this woman, and then he begins, as we get on to point number two there, Quranic Revelation, Muhammad begins to really seek after God. He wants to worship God. He wants to know God. And Muhammad goes away. He begins to go into a mountain near Mecca. He goes up into the mountain. He goes into the cave, and there he's fasting. He's praying. He's seeking to know Allah, which is just the Arabic word for God. And he wants to know God. He's trying to have a closer relationship with him. And again, for the sake of time, we're not going to go into any lengthy accounts of Muhammad and the experience he had in the cave. But what happened as Muhammad is there praying and fasting is Muhammad says that there is an angel named Jibril, which is Gabriel. And Jibril comes to him and says, Muhammad, read. And Muhammad says, I can't read. And the angel says, well, first the angel squeezes him very hard. Muhammad says it hurts him. It squeezes him very hard. And it says again, read. And Muhammad says, I can't read. And so this goes on. It's kind of like, I don't know, a Three Stooges play. But Muhammad just keeps telling the angel, I don't know how to read. And the angel beats him up a little bit and tells him to read again. And it just goes on and on and on until eventually Muhammad, you know, starts to recite parts of the Qur 'an that the angel Jibril is giving to him. And so this happens, and Muhammad comes home. As I'm quoting, I'm not quoting, but the place in which I'm getting this story from is from the Hadith, it's from the Surah, it's from the Islamic tradition itself. It's not some, you know, angry Christian writing from their seminary office saying like, ah, Muhammad was, you know, this crazy guy who's getting beat up by an angel as he's reciting the Qur 'an. And this is all from the Qur 'anic sources, Sahih al -Muslim, Sahih al -Bukhari, and so on. And so Muhammad then, he runs home to his wife, he hides under their covers, and he is petrified from what has happened. And he tells his wife, he's like, I don't know if I was meeting her with a demon or what happened, but it scared me and it hurt me and I don't know what happened. But his wife assures him, no, no, no, it was God, God is speaking to you, you should go back. And so Muhammad goes back, he continues to go back to this mountain, to this cave, and there he continues to receive revelations from this angel. And Muhammad goes on to say, this is a quote from, again, one of the Qur 'anic, one of the Islamic resources here, Sirah Rasula, says, Muhammad is quoted as saying, I will go to the top of the mountain and throw myself down that I may kill myself and gain rest. So I went forth to do so. And then when I was midway on the mountain, I heard a voice from heaven saying, oh, Muhammad, thou art the apostle of God and I am Gabriel. And so the Gabriel goes on to tell Muhammad, do not kill yourself, you're the apostle of God, you can't do this. But there's multiple times in the life of Muhammad while he is receiving Qur 'anic revelations where he seeks to kill himself, he tries to throw himself off of the mountain. And furthermore, there's other accounts of people saying that at that time, Muhammad was possessed by a demon. So these are just some facts to keep in the back of our mind. As we think about this, even within the Qur 'an, Surah, I had printed off, originally it was going to be in your notes, kind of a glossary of terms, because I know using a lot of these Surah and Ayah and all these type of things, you might not all know what that is, but Surah is just chapter and the Ayah is the verse. And so in the Qur 'an, Surah Adam 1, 22 to 25, 69, 41 to 42, Muhammad is trying to refute the idea that he is demon -possessed. And so he's arguing against the Jews and the Christians and are saying like, nah, we don't think you're demon -possessed, man. And he's like, no, I'm not. And he's trying to argue against that idea. And so this is just kind of a bit of a background as to how the Qur 'an was revealed to Muhammad. And so we might ask the question, well, do you think that Muhammad was just making all these things up? Is he just a total, is this all just a fabrication of his mind? I personally believe that Muhammad was not just making these things up. If you look at the scriptures and you see in the Old or the New Testament, you see various times when angels Abraham, appear to Mary, the Lord Jesus, Isaiah, there's many encounters where angels come and speak. Even the angel of the Lord comes and speaks to people. And many times people recognize that, oh man, like I am speaking to an angel and they are startled and there is awe and wonder that is within them as they speak to an angel. Not always, but we never see an angel of God coming and beating somebody up and hurting them and then causing them to become depressed and wanting to kill themselves and so on. And so what I believe is that as you look at the life and the story of Muhammad receiving the Qur 'anic revelations, his desire lines up much more with, as we read in the gospel, these, and again, not saying this to be crude or rude towards the Islamic faiths, but faith. But you see a herd of pigs when they are enveloped by demons, high -tempered toward the cliff and jumping off. We see Judas Iscariot, when he is the son of Perdition, when he is, it says, the Bible says that the devil goes into him and he betrays Christ and turns Christ over. Shortly thereafter, himself, Judas, killing, many believing, killing himself. And so it just doesn't seem that Muhammad truly had, of course we don't believe that Muhammad is a prophet of God, but it would be much more in line that, yes, Muhammad did have a revelation, but it was not from God, but rather, as we read in 2 Corinthians 11, 13 and 14, for such people are false apostles, deceitful workers, masquerading as apostles of Christ. And no wonder, for Satan himself masquerades as an angel of light.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1406: Bitcoin Will Hit $4 Million, Rising 100x - Peter Thiel
"In today's show, we'll be discussing Bitcoin Bollinger Bands hitting a key zone as Bitcoin price fights for $27 ,000. In breaking news just in, Bitcoin hash rate hits a new all -time high. Let's go. And quoting Stacey Herbert, Bitcoin is pumping on the news of President Bukele's speech to the UN tonight. Can't wait. We'll also be discussing Bitcoin Adoption Fund launched by Japan's $500 billion Nomura Bank. That's right. The Bitcoin Adoption Fund will have long -only exposure to Bitcoin and be available to institutional investors. We'll also be sharing Sam Bankman, Fried's father, dragged his mother into an FTX US salary dispute. You can't make this stuff up, folks. Also in today's show, Bitcoin gearing up for a post -having parabola, according to crypto analysts. I'll be sharing his very bullish all -time high target. We'll also be discussing crypto asset market cap should explode 5 to 10x during the next bull cycle, according to investor Raoul Pal. I'll also be sharing Peter Thiel's $4 million Bitcoin price prediction, and we'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again, that's cryptonewsalerts .net. Welcome everyone just joining us. This is pod episode number 1406. I'm your host JV. And today is September 19th, 2023. We have lots to cover as usual. Massive shout out to everyone today in the live chat. Please let me know where you're tuning in from. And at the end of the show, I'm going to be reading everyone's comments out loud. Let's kick off today's show with our market watch as we do each and every day, the entire crypto market back in the green with Bitcoin back above $27 ,100 and checking out coinmarketcap .com, the current crypto market cap on the climb at $1 .08 trillion with roughly $27 billion in volume for the past 24 hours, Bitcoin dominance at 49 .2 % and the Ether dominance at 18 .4%. And checking out the top 100 crypto gainers of the past 24 hours, we have TonCoin leading the pack up 5%, trading at $2 .57, followed by GMX up about 5%, trading just under 36 bucks, followed by Conflux up 4%, trading at $0 .12. And checking out the top 100 crypto gainers of the past week, virtually 95 out of the top 100 cryptos are in the green. Some of the top gainers include GMX, GRT, as well as CRV and NEO. And checking out the crypto greed and fear index, we're currently rated at 46 in fear, same as 37 in fear. So there you have it. How many of you are pretty stoked for this most recent pump? And how many of you agree with Stacey Herbert that this pump is due to Bukele's speech scheduled for this evening? Let me know, fam. And now let's dive into today's Bitcoin technical analysis. Check out the charts and what's popping with the king crypto. Bitcoin could see fresh upside volatility as the price action and the strength revisits a key level according to a classic metric. In a new post, John Bollinger, creator of the Bollinger Bands volatility indicator, says Bitcoin was positioned for a breakout decision. That's right. After hitting new September highs the day prior, Bitcoin has been challenging resistance levels out of reach since mid -August, according to data from Cointelegraph and TradingView. Now for Bollinger, the signs for Bitcoin are encouraging. Bollinger Bands use a standard deviation around the simple moving average to determine both the likely price ranges and volatility. And as Michael Saylor once said, volatility equals life force. Now, currently Bitcoin is putting in daily candles that touch the upper band. And when this happens, it can signal an imminent reversal back to the center band, or conversely, an inbound fit of upside volatility. Now narrow Bollinger Bands seen on Bitcoin recently lend weight to hopes that the latter scenario will now play out, quitting him here. And then there is the first tag of the upper Bollinger Band. After the new set of controlling bars were established at the lower band, he commented alongside this chart, the question is now, can we walk up to the upper band or is it too early to answer? What are your thoughts, chat? Let me know in the comments below. Now Bollinger characterizes the current mood among seasoned Bitcoin traders and analysts on the short -term timeframes. Despite the strength seen this week, caution abounds as various trend lines previously acting as support remain above the spot price. Now discussing the situation, we had on -chain monitoring resource, material indicators share the following. We have heavy technical resistance overhead at the key moving averages and support at the lower low. It is quite possible that we round trip the range. And with any luck, we'll see a legit test of the RS levels that will give us some clarity on where Bitcoin goes from here before the end of the week. And they also shared here in update number two, as noted earlier, it appears the Bitcoin bulls are gaining some momentum, but things are not always as they seem and goes on to share that sometime after last night's candle and close open, we've seen a new trend precognition signal develop on the daily chart and it seems to be bullish. I mean, we are breaking out. We are above 27 ,000. So let's freaking go. And also more strong foundation on the technicals. You can see Bitcoin hits yet another all -time high, which virtually means the network has never been this strong and this secure. Now I'm pretty stoked to tune into President Bukele's speech to the UN this evening. What do you think he has to share besides? I told you so. Let me know, fam. And again, welcome to everyone just joining us for the live show. Lots to continue to cover. So let's continue breaking it down. Next, let's discuss this adoption fund, which is a pretty big deal coming out of Japan. Let's go check this out. Japan's largest investment bank, Numura's digital asset subsidiary, Laser Digital Asset Management, launched the Bitcoin adoption fund specifically for the institutional investors. Bring it. The official announcement noted the Bitcoin -based fund will be the first in a range of digital adoption investment solutions that the firm plans to introduce. Now Numura is a Japanese financial giant with over $500 billion worth of assets, which basically that's half a trillion, baby, offers brokerage services to leading institutional investors. The Bitcoin fund launched by its digital asset arm will now offer investors direct exposure to BTC. The Laser Digital Bitcoin Adoption Fund offers long key exposure to Bitcoin. The financial giant has chosen Kamanu as its regulated custody partner. The Bitcoin fund is a portion of Laser Digital Fund's segregated portfolio company that has been registered as a mutual fund in accordance with the Cayman Islands regulatory authority. Now, Laser Digital Asset Management head Sebastian said the Bitcoin is one of the enablers of this long -lasting transformational change and long -term exposure to Bitcoin offers a solution for the investors to capture this macro trend. Now, the Bitcoin adoption fund might be the first of its kind launched by Numura and the digital asset arm, but the Japanese investment banking giant has been investing in the digital asset ecosystem for quite some time already. In fact, September of last year, the firm launched its digital asset venture capital arm to stay at the forefront of digital innovation. And also won Dubai's virtual asset regulatory authority license to operate in the country. The long -only Bitcoin adoption fund for investors in Japan comes amid a growing discussion around Bitcoin -based investment products from regulated and mainstream financial giants. The United States SEC approved two Bitcoin ETFs, even though there is a delayed decision specifically on the spot. Bitcoin ETFs. What's up with that, Mr. Gensler? Just saying. And apart from the US, Canada and focused investment products over the past couple of years. So there you have it, mass adoption, let's freaking go, especially on the institutional level. How many of you are in Japan? I know we have some in our audience out there. Let me know. And have you ever heard of this company before? Any plans in investing through them? Let me know how you guys feel. And now let's break down the latest. It gets more surprising and shocking every day with what all is going on with Bankman -Fried and FTX. Now his parents are involved. His parents are being sued by FTX. And it's just a nightmare of a mess, to say the least. So let's break down this latest story regarding SBF. Now, Joseph Bankman, the father of the former FTX CEO, Sam Bankman -Fried, complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family matter. In a September 18 filing with the US Bankruptcy Court for the District of Delaware, FTX debtors filed a complaint against Bankman and Barbara Fried, alleging that SBF's parents misappropriated millions of dollars through their involvement in the exchange's business. And according to the court documents, Bankman's contract with FTX US should have provided a $200 ,000 annual salary following a leave of absence from the Stanford Law School in December 2021. However, Bankman seemed to express ignorance about the terms of the contract, claiming to both FTX US and his son that he was expecting a $1 million annual salary. What about all that property in the Bahamas, fam? What about all that? Hundreds of millions worth of properties? Just wanted to throw that out there. The complaint states that Bankman was putting Barbara on this, suggesting that SBF's mother may have been able to persuade her son to follow through with the salary change. Things get even more interesting. So according to the complaint, Bankman's influence paid off, with SBF later providing his parents $10 million from Alameda Research. Can you talk about commingling? A 16 .4 million property in the Bahamas, funded by FTX Trading, the ability to expense roughly $90 ,000 to FTX Trading on the island nation in the Bahamas, and options to purchase company stock. Now, when reached out to the legal team representing Bankman and Fried, but did not receive a response at the time, unfortunately, the legal action brought by the debtors was the latest in the bankruptcy case involving FTX and many of its subsidiaries filed in November of last year. Bankman Fried also faces 12 criminal charges to be spread across two trials, starting in October of 2023, which is right around the corner, fam, and March of 2024, right before the halving, scheduled for April of next year. And since the federal judge revoked his bail in August, Bankman Fried has been largely confined to the Metropolitan Detention Center in Brooklyn. Where's Brooklyn at? Before the start of his October trial, then on September 19th, a three -judge panel heard an appeal from SPF's legal team requesting the former FTX CEO to be released from jail in order to prepare for the trial, citing the lack of internet access and first amendment issues. All I got to say is this, I mean, how many people realistically have access to the internet in jail? Why should he? Million dollar question right there. But what are your thoughts, fam? How do you think this is likely to play out? And do you think that Bankman Fried's parents are just as guilty as SPF himself with the commingling and the fraud of going up north of $30 billion, making it the biggest scam in history that we're aware of? Hence why we call him Mini Madoff, because he made off with billions of dollars worth of investors' money, and Gary Gensler and the SEC was protecting him behind closed doors. So it's going to be very interesting to see how all this is likely to play out. Now let's discuss post halving. We all know there is a halving scheduled roughly six months out. We all know post halving, the price action is most likely going to reach a new all -time high and enter price discovery mode. Well, this analyst shares a very intriguing target. So let's break this down, shall we? And welcome to y 'all just joining us. Say hello in that live chat. Let me know where you're tuning in from. I stream live here seven days a week from Puerto Rico. Synonymous analyst Rhett Capital tells his followers on X that Bitcoin can rally above $80 per ,000 coin in the months following next month's event. For the halving, send it. Let's go. The Bitcoin halving cuts the Bitcoin miners' rewards in half, as we all know, expected to take place in April of next year. And while Rhett Capital is a long -term bull on Bitcoin, he notes that it is possible for Bitcoin to continue its downtrend before the halving, putting him here. Hang in there and make the most of any deeper downside in this pre halving period. You won't see the post halving parabola in the outlines here in this chart. It shows you in the yellow, the pre halving period, then in the pink, the post halving resistance, and then in the green, you can see the post halving parabola when we hit those new all -time highs. Now, Rhett notes that Bitcoin may repeat its 2019 bear market cycle when it traded within a triangle pattern before breaking out and starting off the bull market, as he shares here, if Bitcoin continues to form lower highs, could Bitcoin fill the CME, which is the Chicago Mercantile Exchange gap, at $20 ,000 later this year or in early 2024? So it makes a good point. There is currently a gap sitting at that $20 ,000 psychological level. And he continues, if so, the possible path could be consolidation to the apex of the black triangle before finally breaking out to close the halving. And you can see that triangle right here in this chart. Now, looking at the chart, he seemed to suggest that Bitcoin will confirm the triangle breakout in April of 2024, followed by a rally towards his long -term target. Now, let me know your thoughts, chat. How many of you agree that Bitcoin is likely to break out to a new all -time high, entering price discovery mode in 2024, the year of the halving? Let me know. And what are some of your targets? I'd also like to point out that the Stock the Flow model and Plan B, creator of that model, he suggests a $100 to $1 million range price for the King Crypto post halving. We also have some very other bullish predictions, which I cover on a daily basis here on the channel. But I'd love to know your personal prediction. I think we reached the cycle peak personally sometime in 2025, but I think 2024, we enter that price discovery mode. But I'd love to know your thoughts and your opinions in the comments right down below. And now let's break down our next story of the day and discuss the latest from the macro guru, Raoul Pal, who is suggesting that the Bitcoin market cap and crypto market cap as a whole does something between 5 and 10x for this upcoming bull cycle. Now, you do the math. We have a crypto market cap right now. I'm going to ballpark it at a trillion. We have a Bitcoin market cap. I'm going to ballpark it at a half a trillion, which is 500 billion. So hypothetically, if we were to 10x Bitcoin in and of itself, we're talking about a 5 trillion dollar Bitcoin market cap, which would be half the current market cap of gold. Now, with the entire crypto market cap, we can potentially hit 10 trillion. Now, also note, back in November of 2021, when we hit that all time high of 69 ,000 in November of last year, the total crypto market cap was just north of that 3 trillion dollar market cap. So he's so let's break this down and shout out to Raoul Pal. Here we go. Former Goldman Sachs executive Raoul Pal says the next bull cycle can bring an explosion in the market cap of all of the digital assets. That's right. In a new interview with Altcoin Daily, the macro expert says he expects a huge increase in the adoption of digital assets, and that can cause the total market cap of crypto to skyrocket as much as 900 % from its current value during the next bull market. Quoting the analysts here, obviously, I think we'll go well through new all time highs. I think the whole ecosystem of crypto will go from 425 million users where we're at today. And I think at the end of this cycle, there'll be a billion users by that kind of use cases in which we have talked about. And let's not forget, we have got central bank digital currencies that are known as CBDCs and stable coins. There is a lot going on still. So if this entire space is going to grow 2 .5 X in the number of users, well, the market cap of the entire space is five or 10 X. Send it. Let's go. Pal also says he is closely watching development of layer two Altcoin projects for new use cases, which could boost the value of their individual market cap, quitting him again. And then let's see how people value layer twos in this. We don't really know how layer twos accrue much value. Do we have to have a massive amount of transactions in which case then you need stuff like Ticketmaster with millions and millions and millions of transactions to drive value to those chains because they batched them and batched them down to Ethereum. So there you have it. And to watch this interview, he did Raul Pal, the macro guru with Altcoin Daily entitled best cryptocurrency investing strategy into 2024. Check the show notes, blow the video in the description and let me know your thoughts on his personal prediction. Do you feel post having that the market cap for the entire crypto market can likely 10 X from the current valuation along with Bitcoin surging 10 X to roughly a five trillion market cap? And hypothetically, if the macro guru is correct, where do you think that would likely take the Bitcoin price? Well, let's run some hypothetical math. Bitcoin was the 10 X from the current price action of 27 ,000. Well, that's $270 ,000 per coin. Take that. And as we all know, Bitcoin rises like that, the entire crypto market cap would go along for the ride, including the altcoin. So please let me know in the chat, fam, which altcoins, if any, are you most bullish on in the crypto market? And what are your thoughts surrounding Raul Pal being so bullish on Solana? A few months back, I read in an interview he shared that 80 % or more of his portfolio was specifically in an altcoin called Solana. So I'd love to know your thoughts. Obviously, he has a high risk tolerance as I look at that particular cryptocurrency to be very risky, especially with all that went in with the venture capitalists and SPF and FTX exchange pumping that particular all. So I'd love to know how you feel regarding all of that. And with that being shared, fam, now let's discuss Peter Thiel and his $4 million price prediction, as well as rumor has it, and I'll be covering this as well, that he dumps most of his Bitcoin position at the top of the market practically 30 days before the crash. So let's break this down because Peter Thiel was actually one of the keynote speakers at the Miami Conference for Bitcoin. And here's what he had to share as I transcribed his speech, and then we'll discuss him reportedly making $1 .8 billion cashing out on his eight -year bet around the time he was touting these all -time high predictions. So here we go. He says, the enemy's list is a list of people who I think are stopping Bitcoin. He says there is a lot of them. They tend to have nameless, faceless bureaucratic perspectives, which of course is one of the ways they hide. He goes on to share, we are going to try to expose them and realize that this is sort of what we have to fight for Bitcoin to go up, 10x or 100x from here. Now, just FYI, to give you some perspective, at the time he made this prediction on stage at the Bitcoin Miami Conference, Bitcoin was trading at roughly $43 ,000 per coin. So you run the math. 43 ,000 times 100x is over $4 million per Bitcoin. So you know that? Let's continue with what he had to share. The central banks are going bankrupt. We are at the end of the fiat money regime. How many of you agree with that statement? I agree there 100%. The first person on the list is Berkshire Hathaway CEO, Warren Buffett. Thiel put up a picture of Buffett with two of his most famous quotes about Bitcoin. One was rat poison and the other, I don't own any and I never will. I also like to point out now since then, Warren Buffett has much indirect exposure to Bitcoin through Bitcoin mining stock companies and etc. So go figure. If you can't beat them, join them, right? And he goes on. He opined, I think the direct in it. Yeah, and I say also Charlie Munger goes along with him. Now, feel further noted that Buffett has a bias and makes him long on fiat money system and money managers who follow the Berkshire Hathaway executives advice will pretend it's complicated to invest into Bitcoin. I think we call that FUD. Fear, uncertainty and doubt. Now expect nothing less from one of the wealthiest people in the fiat money matrix Ponzi scheme. You know what I mean? So just saying. The next person on the list of Bitcoin's enemies is the one and only JP Morgan Chase CEO, Jamie Dimon, or as Max Kaiser calls him, Jamie the tapeworm. They'll put diamonds picture up with the following quote. I don't call them crypto currencies. I call them crypto tokens because currencies have rules of law behind them, central banks and tax with authorities. Now you guys already know how I feel personally about JP Morgan Chase CEO, Jamie Dimon. So I won't go any deeper there. But anyways, we know he's an enemy of Bitcoin and always has been. The next picture he put up was of the BlackRock CEO, Larry Fink, with the following quote. I see huge opportunities in a digitized crypto blockchain related currency, and that's where I think it is going to go. Now just FYI, Larry Fink is the CEO of the largest asset management firm in the entire world, which owns a large share in virtually all the companies in the S &P 500, and that is BlackRock. They currently have over $10 trillion in assets under management. And for a long time, he was spreading FUD regarding Bitcoin. But guess what? Like I mentioned earlier, if you can't beat them, join them because they just most recently, a few months ago, they submitted their application for a spot Bitcoin ETF, which ultimately means they're going to be introducing this to the institutions which have trillions upon trillions of dollars as there's currently north of $700 trillion in total addressable market, and they want their piece of the Bitcoin pie. So he goes on to share, the PayPal co -founder added that Fink's quote is somewhat representative of the whole genre of Bitcoin attacks that need further context, stating that pro -blockchain is an anti -Bitcoin term, very typically. Feel then brought up the environmental, social, and governance, ESG standards, elaborating the following, the label they have come up with, and perhaps the real enemy is ESG. I think that ESG is just a hate factory. Also like to throw out there, Elon Musk, he stopped taking Bitcoin payments for Tesla, and he says it's because of the FUD regarding this ESG, and we all know it's not more than FUD, and it's already been proven that Bitcoin is more than 50 % clean energy. So the million dollar question, when will the world's supposedly wealthiest man, Elon Musk, when will he start accepting Bitcoin payments again for Tesla? Isn't that a great question, and wouldn't you love to know the answer to that? Maybe you should ask Elon and tag him on X and see what he says. Anyways, feel stressed. You can always ask the question, what's the difference between ESG and the CCP, the Chinese Communist Party? Well, when you think ESG, you should be thinking of CCP per H. Now, he also goes on to share, it is the finance gentocracy that runs the country through whatever silly virtue signaling or hate factory to them, just like ESG, the billionaire concluded. This is what I would call and what you have to think of as a revolutionary youth movement, and we have to just go out from this conference and take over the world. So there you have it, fam. What are your thoughts surrounding Peter Thiel's prediction that we are likely to 100X, and along with his enemies list, as it seems, a lot of the enemies have come around and now have direct exposure to BTC, but it doesn't stop there because around that time he was making this $4 million Bitcoin price prediction. He allegedly dumped most of his position cashing out and with over a billion dollars in profits for his fund. So let's also break this down as this is also very relevant. How many of you were able to watch the speech he gave at that Bitcoin conference? It was epic, to say the least. I recall it now. So here we go. Check it out. Peter Thiel's venture capital firm reportedly made $1 .8 billion closing out its crypto positions around the time when he was an early Bitcoin bull, still predicting the token's price to surge by 100X. And again, from 43 ,000 price action, 100X means over 4 million. Founders Fund had cashed out almost all of its bets on digital assets by March of 2022, according to the Financial Times report that cited people familiar with the matter. But Thiel was still backing Bitcoin, obviously, when he spoke at the crypto conference in Miami the following month. He went on to share where at the end of the fiat money regime, he said, adding that the token's price could increase 100 fold from its level at the time, which was reported at $44 ,000 per coin. That prediction was proven false and as rising interest rates and failures, the high profile firms like Celsius Network, Three Arrows Capital, FTX, Terra Luna dragged the crypto sector into the prolonged bearish winter. Now Bitcoin plummeted by over 60 % in 2022 and was trading at under 17 ,000 by the end of the year. And I believe the bottom currently for the cycle is 15 ,700. How many of you feel that that bottom is in? Let me know, chat. Founders Fund first started pouring money into crypto all the way back in 2014, when Bitcoin was only trading at roughly $750 per coin. So by the time Bitcoin reached its all time high in November of 2021, it had surged 8 ,500 % from that particular level. Not too shabby for a seven year run, wouldn't you say? Now Thiel has a long track record as one of Silicon Valley's most prominent tech investors. He took early stakes in startups, which include Facebook, Elon Musk's SpaceX, and ride hailing app Lyft, and even co -founded PayPal back in 1998. Thiel is also a high profile supporter of the Republican Party and continued to voice his support for Donald Trump since the former president left office in January of 2021. The fund held around two thirds of his portfolio in Bitcoin at one time, but now not has significant exposure to crypto according to FT's sources. So there you have it. Fam, what are your thoughts surrounding his prediction and him cashing out at around that time he was making those all time high predictions of 100X? Let me know, fam. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Tech Path Crypto
A highlight from 1256. $300 Billion Coming To Bitcoin ETF w/Mark Yusko
"All right, so welcome in today. We're going to be diving into topics around ETFs and also what is happening with the SEC in terms of their enforcement actions and some of the things they've been doing that could be causing a slowdown in innovation for blockchain. We'll break into all this good stuff today. I think you'll like it. My name is Paul Baron. Welcome back in to Tech Path. Joining me today is a regular guest, one that I think you guys all love, and that is Mr. Marc Usko coming in from Morgan Creek Capital. Great to have you on the show today. No, great to be with you, Paul, as always, and happy Friday. It's going to be a good one, Marc. Let's first of all get into a few things. I want to lead off the show with a tweet from James Seyfert, who is one of the Bloomberg analysts on ETFs. He does a really good breakdown. He's been on our show before. There's some dates to watch here. We've got middle of October, next major days to watch. October 16th with Global, and then also October 7th. And then you've got all these scenarios playing out right here with iShares, which of course is BlackRock. I'll zoom in on that a little bit so you guys can see it. Second deadline coming up on 10 -17, and then a slew right there on that same day. First of all, I want to get your opinion on, do you think that this October is when the SEC might actually give us an early Christmas present? Or are you just going to get pushed again? No, look, I'm 50 -50 at this point. So I do think more tricks than treats for anyone who's 10 -17 date. So any decision before that date, I think is a negative decision. I'm not sure it'll be an outright denial, but will definitely be an extension and a push. And then we come to the big dog. I believe, and I've said multiple times, that BlackRock will be the first one. I've actually been saying that for over a year. I actually might even go stronger and say, oh, that'll never happen. That would be too much corruption. Well, I'm just saying it's certainly possible. What's probably more likely is BlackRock first, and then a gap, and then some number of others. But the thing is, whoever's first is going to get the vast majority of assets. Vast majority. Well, first mover is always going to be taking. I mean, that's just like the gold ETF, kind of the same kind of scenario. Yeah. The gold ETF is an example with GLD. You had the Bitcoin futures ETF with Bitto getting 98 % and then a couple others getting like 1 % each. So that's just my belief. And I believe it's who you know in this game, not what you know. There are a lot of people who have should gotten approved. The Winklevoss twins were the first to apply. They should have gotten approved. There was no reason not to approve it other than, again, kind of the way the game is played and the people in charge want to be in charge. So any new disruptive players I think are unlikely. Cathie Wood partnered with one of our companies, portfolio Amun, to do 21 shares. That looked like a great application ding pushed out. I think Bitwise is a day ahead of iShares on 10 .16 as much as I would love it. Again, portfolio company, full disclosure. I would love for them to get approved. I just don't think it's going to happen. Again, I don't think it'll be denied. I just think they'll be pushed. And here's why I'm 50 -50, Paul, to answer the question. I think they could approve on the 17th, but I don't think they will. I think they'll push it into next year. So you push 90 days. That gets you into January. January 15th. Yeah. You could push again then into March, April. But that's it. Then you have to approve. Now, what's interesting is we have this little thing called the halving coming up in mid -April of 24. And so it would be an interesting alignment of stars. But I said, could they pull the trigger on BlackRock in a month? Yeah, they could. Yeah. All right. Well, with that and to your point, the third deadline, just so everybody can put it on your calendar out there, you've got January 15th for BlackRock and then moving in all the way into March, what we're going to discuss there. March would be an interesting timing. I think you're right, because obviously the halving right there on the cusp of that, along with maybe a little bit of lightening the load in terms of inflation, because I feel like we're going to continue to see some inflation hits through the end of the year. What is your thought on how the inflation numbers came in this week and how the Fed might react? I don't think the Fed cares about gasoline prices, quite honestly, Paul. All this little blip is gasoline prices, all of it. I think most of the other components were actually negative. And the gasoline prices are because Saudi has decided to go a different direction. We had a very hunky dory relationship with Saudi from 1973 till now. And that's clearly over, right? The big guy went over to Saudi right before the election last year and tried to get them to pump more to get oil prices down and gasoline prices down, because there's this inverse correlation between presidential popularity and gas prices. And they basically said pound sand. And so he came down, he came in and said, well, this is a convenient decision to get gasoline prices down. Guess what happened? Democrats did pretty well in the election. And because there's no way out for that now, though. I mean, there's no way. Now we have an empty SPR. And the thing is, we can't fill it up ourselves because, and again, not to get too technical, but there's, there's light sweet crude, which we produce and a number of other places, Nigeria and others produce. And then there's heavy sour crude, more sulfur content, because we cut this deal with the Saudis in the seventies, we built all of our refining inventory infrastructure, sorry, around processing heavy sour. Yeah. Well, here's the problem. If now Saudi is going to sell their heavy sour to China and Russia and other places, and we're not going to get as much of it, what are we going to do? Well, we've got to build new refineries or retrofit the refiner. It turns out no one wants a new refinery in their backyard. Yeah. I think I'm right. It's been like 30 years since we built a refinery. It turns out they spit out, you know, pollutants and things like that. So nobody really wants one around. We all like driving cars by the way. And and living our lives and, you know, Oh, well, you know, we can, we can stop using oil. No, we can't. Nothing you do every, I mean, everything you do every day, the vast majority of it is powered by oil and gas, the vast majority. And yeah, you say you could get an electric car, but where'd the steel in that car come from? Did they make a little electricity? No. How about the plastics? Nope. Oil. So it's just, it's kind of comical when I hear we're going to, you know, outlaw fossil fuels, but back to the inflation number I think this might not be temporary in the sense that Saudi announced, they're going to do a voluntary cut. Why? Cause they're just sticking the knife in a little bit deeper because they're like, all right guys, you said you were going to refill the SPR. You didn't do it. Oil prices were all the way down in the sixties. Could have easily done it for sure. Now oil prices are in the nineties. Yeah. We're going to hit a hundred bucks a barrel for sure. How does this, okay. So when you look at that Mark and you look at an election year coming in, you've got all this pressure from the macro side, including most likely jobs market getting a lot stiffer. Companies starting to really get some pressure on. We had bankruptcies at the highest point ever. We've had a very long period of time for independent companies. This does not look like a rosy picture. Where do you think we come out of this in relationship to the timing of the havening, a Bitcoin ETF, maybe into next summer? How far into 2024 do you think this happens? So I believe the ETF will be approved sometime around year end, whether it's in early January or December, sometime in that timeframe. And I think that will pave the way for a very large influx of capital. I know you've had Eric on the show about Eunice and he does this great work, right? I mean, there's 30 trillion with a T 30 trillion. Remember 1 trillion is a dollar every second for 31 ,710 years, but 30 trillion is going to come into, or that's the total amount of money managed by RIAAs and others that is not allowed at this point for whatever silly reason to own Bitcoin. And they can't own GBTC and they can't own Bitcoin miners and they've called a timeout. Well, once there's an ETF, particularly if it's an ETF that BlackRock runs, there are going to be no excuse and they're all going to have to approve it. Their clients have been asking for it. I would say I have a family harmony account at UBS. They let me buy what I want to buy. And they're like, no. So I think all that goes away. And I think Eric's number is, let's say one 10th of 1 % comes in. That's 30 billion. Well, but wait, 30 billion on 500 billion. That's not that much. Well, no, it's not 500 billion. 400 billion of the 500 billion of Bitcoin's market cap doesn't really trade. It's either locked up like the Satoshi wallet or the Winklevoss wallet or, you know, hodlers that just said, you know, take it out of my cold, dead hands. It's only about a hundred billion that is the free float to borrow a TradFi term. And so 30 billion on 100, that will move the price. But I don't think it's going to be 10 basis points. I think it's 1%. I think you have to do 1%. As a fiduciary, if you got, you know, 50 % in equities at some of the highest valuations in history, and you got another 30 % in bonds, which have had the first two negative years in the history of the bond market, 140 years of history, two negative years, looking pretty ugly. And you got this asset that is the best performing asset again, 11 of the 14 years that Bitcoin has been alive. It's been the best performing asset of all assets. It's the best performing asset then this year. Yeah. Eric hit on his prediction about 150 billion in terms of market impact. Do you like that number or do you think that he's still like it? Well, again, I think 150 billion would be half a percent, right? Instead of 10 basis points. And it looks like he's updated his, his thoughts. I'll go further and say 1 % seems more likely that'd be 300 billion, 300 billion on a hundred billion of free float price goes up a lot, a lot, a lot. And here's the, the interesting thing, Paul, is the way halvings work is the fair value increases. So we've got a tailwind that the fair value today based on Metcalfe's law model that Tim Peterson runs and that I think is fantastic, says that the fair value is somewhere in the low fifties, 52, 53, let's just call it 50. So at the halving, fair value doubles. What do you mean, Mark? What are you talking about? Well, think about it. The miners who secure the network, their costs are fixed, mining machines and electricity. So if their block rewards, the number of rewards that they're paid to secure the network gets cut in half and the price doesn't move, then they're out of business. So there's a built in mechanism to move the price higher, which is actually really interesting because that attracts attention because there's movement. And so long story short, fair value, every halving added has a zero. So we went from a hundred to a thousand, then we went from a thousand to 10 ,000. Now we go from 10 ,000 to a hundred thousand. So a fair value is a hundred thousand and we're trading at 26. It's a pretty rapid increase to fair value, I think, as investors buy things that are below fair value. But then what happens in the post fall halving, you get this parabolic blow off top. And in the previous cycle, fair value was around 30K. We got all the way to 69. That was because there was too much leverage and too much gambling and speculating. I don't think we go 2X this time or two and a half X this time. Could we get one and a half X? Sure. That gives about 150K, something like that. Yeah. Well, that is OK. So that's very intriguing. If you're if you're estimating this could be in the 300 billion dollar area, you know, for based on, you know, just the exposure to these funds and obviously how that might play out. How do you think retail response to this? Do you think retail is going to come in like a banshee coming in on this with a lot of now what would be legitimized ETFs? How do you think they play? Again, it's I've been saying this for five years. My hashtag get off zero zero is the wrong number, right? This is a truly unique diversifying asset that must be in everyone's portfolio. Doesn't have to be your whole portfolio. I never said that. It should be at least one percent.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1403: This Will Send Bitcoin to $1,000,000 - Max Keiser
"In today's show, I'll be breaking down the latest technical analysis, as well as breaking news just in. The former SEC and Federal Reserve Bank of New York, Norman Reed, announced as the new CEO of Binance US? Like, what? Serious? We'll also be discussing the latest from Max Kaiser, who recently shared, we helped boost El Salvador's bonds 90 % this year. We can help Javier Malay escape the IMF, central banking terrorist, and get Argentina's economy rocking. Hope to be landing in Buenos Aires soon. Let's go. He also says that President Bukele plus Bitcoin have reinvented the nation state. Governance is being redefined in the Bitcoin age. A true meritocracy and universal economic freedom is rising in El Salvador. Socialist ideas are on their deathbed. Can the Bukele model of Bukelenomics be exported to another country? We will go to Argentina and discuss this with Javier Malay. Can't freaking wait. Also breaking news, Mark Cuban loses $870 ,000 worth of Ethereum in his MetaMask hot wallet with a hack. Rough. Also in today's show, Gemini legal team accuses DCG, the digital currency group of gaslighting Genesis creditors. We'll also be discussing BitGo and Swan unveil plans for a Bitcoin -only trust company. That's right, the trust company will target institutional investors in the United States as asset managers line up for the Bitcoin spot ETF. Send it. We'll also be discussing Bitcoin price all -time high will precede the 2024 halving according to this latest prediction by Bitcoin. Quitting him here, no, Bitcoin is not going to top before the halving. Yes, it is going to reach a new all -time high before the halving. No, Bitcoin is not going to 160 ,000 because the magnitude of every pullback is large. This means it will peak after the halving in 2024. And yes, the target price is around $250 ,000 per Bitcoin. I'll also be sharing the latest predictions from Max Keiser with the Bitcoin price action I recently transcribed his most recent interviews. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again, that's cryptonewsalerts .net. Welcome everyone just joining us. This is pod episode number 1403. I'm your host JV, and it is stat stacking Saturday. So let's get it. It's September 16th. So you already know we're halfway through the September before October. So let's bring it. Let's start with our market watch. As you can see here on the screen, we're back in the green. Bitcoin up a half a percent for the day trading back above 26 ,500. We also have Ether trading above 1600. And checking out coinmarketcap .com, we're sitting just above that trillion dollar milestone with roughly 22 billion in volume in the past 24 hours. Bitcoin dominance is 48 .9%, and the Ether dominance is 18 .6%. And checking out the top 100 crypto gainers of the past 24 hours, TonCoin leading the pack up 17 .5 % trading at $2 .42, followed by ThorChain up 9 .5%, trading at $1 .91, followed by Flow up 8 .5%, trading just above 46 cents. And checking out the top 100 crypto gainers for the past week, we have a sea of green, which is a beautiful omen for the altcoin market. We have coins such as TonFlow, Rune, and Ave all pretty up between anywhere from 8 to 13%. And yeah, so there you have it. How many of you are currently bullish on the king crypto, and how many of you are anticipating a further dip? Let me know your insights. And at the end of the show, I'll be reading everyone's comments out loud as we do each and every day in the Q &A session. Now, let's dive into some technical analysis from Glassnode, one of my favorite analytics platform. The past few days have been relatively positive for the price action for the king crypto, which has been increasing since Tuesday, September 12th. At the time, Bitcoin is sitting just above 25 ,600. Now in this prediction, the co -founder of the popular crypto analytics resource, Glassnode, outlined that the US CPI jumped by 0 .6%, which led to some fluctuations of the Bitcoin price. And indeed, the core CPI, which excludes more volatile sectors such as food and energy by design, has noted a yearly increase of 4 .3%. But interestingly, the CPI itself clocked in at 3 .7%, while the estimations were for it to be 3 .6%. So initially, the news didn't really have any impact on the price, which beyond the expected initial turbulence, settled at where it was trading just before that. So here's some price predictions coming from the Glassnode co -founder. He pointed out that crypto reclaimed the support above 26 ,000 and is now eyeing a potential break beyond 27 ,000. This would help it escape a multi -week range. He went on to share, risk signals nose dive into the 60s around ,400 27 and 28 ,200. But this climb seems poised as a step before tackling the psychological barrier at $30 ,000. So there you have it. Let me know if you agree or disagree with the analysts. And are you currently more bullish or bearish on the King crypto for the short term? Please do let me know. And breaking news just came in before I went live. And I'm like, it's hard for me to even accept this, but this is what it says. Former SEC and Federal Reserve Bank of New York, Norman Reed, is announced as the new CEO of Binance US. You can't make this stuff up. Folks, what is the SEC doing? Now, Max Kaiser recently tweeted, I'm sure you know, there was a Tucker Carlson interview with the pro Bitcoin presidential candidate of Argentina, who's currently winning the polls for the presidency. And fantastic, almost 400 million views within the first day. Max went on to share, we help boost El Salvador's bonds 90 % this year. Facts. We can help Javier Malay in Argentina escape the IMF central banking terrorists and get Argentina's economy rocking. Hope to be landing in Buenos Aires soon. So the million dollar question, do you think Max Kaiser will orange pill Javier Malay? I sure hope so. He even recently tweeted here, President Bukele plus Bitcoin have reinvented the nation state. Governance is being redefined in the Bitcoin age. A true meritocracy in universal economic freedom is rising in El Salvador. Socialist ideas are on their deathbed. Can the Bukele model of Bukele -nomics be exported to another country? We will go to Argentina and discuss this with Javier Malay. And quoting El Salvador's fearless leader, Bukele, old ideas and institutions crumbled and a new generation is called on to remake the world based on the human right of financial freedom. Preach. Now, Max also shared in regards to this headline, Janet Yellen says Ukraine aid is the best boost for the global economy. Now this is hilarious and also sincere at the same time. Bitcoin monetizes war and violence by being finite and uncomfortable as this ugly, what? Illustrates money monetizes war by violence by turning humans into disposable garbage central bank Ponzi scheme. Preach Max Kaiser. Greatly appreciate all the work you're doing. You're truly doing God's work. You and Stacy's a massive shout out. Now let's discuss the latest with the hack from Mark Cuban. Now this is alarming, but at the same time, it's Meta Mass. I've been telling you guys to stay away from the Meta Mass wallet for quite some time. And also they didn't hack Bitcoin. They hacked Ethereum. I personally don't trust Ethereum or Meta Mass. So interestingly enough, so to read this story, let's break this down. Check this out. Nearly $900 ,000 worth of Ethereum was reportedly drained from one of the hot wallets belonging to investor in Dallas. Mavs owner, Mark Cuban, the man that once said Bitcoin has no intrinsic value and that bananas are more valuable. Yeah, right now, independent blockchain sleuth was the first to spot the hack September 15th at around 8 PM. So that was last night after they highlighted suspicious behavior. What one of Cuban's wallets that the 65 year old had an interacted with for roughly five months as he shared here on X LMAO did Mark Cuban's wallet just get drain wallet inactive for 160 days and all of the assets just moved. And according to the transaction history on Etherscan, several batches of assets such as USD coin, USDC tether, and Lido staked Ether were suddenly withdrawn from the wallet within a 10 minute window. Now adding complexity to the matter, another 2 million worth of USDC was also withdrawn and sent to a different wallet, leading Woz to suspect that Cuban may just be moving some assets around. However, a few hours later, Cuban confirm to DL news that he had gone on metamask for the first time in months and vaguely suggested that the hacker or hackers may have been watching and waiting for the moment to pounce. Cuban added that he had transferred any remaining assets to Coinbase custody, essentially confirming that the $2 million worth of USDC transaction was indeed him. But in terms of the hack, members of the community were quick to point out that the opposed to the hackers watching Cubans activity, he must have done something that led to the security breach. Some suggested that Cuban may have mistakenly signed a malicious transaction while others asserted his private keys were compromised given that the funds were directly transferred out of his wallets. What do you guys personally think chat? Please let me know in the comments below. This is not the first time Cuban has been taken a hit on the crypto market. Back in June of 2021, Cuban Lawson unspecified amount of capital on what he called a rug pull after the algo stable project called iron finance imploded amid a supposed bank run. So there you have it. Mark Cuban has a bad track record in crypto. Just pointing out the obvious fam, how many of you guys think that it was a legitimate hack? Let me know your thoughts or how many of you think he maybe have just moved it around and don't want to claim it. Who knows? I mean, there's infinite possibilities. No one really knows, but I'll be keeping you posted with the latest developments. We all know Mark Cuban is a multi -billionaire. So obviously a $900 ,000 loss is not going to affect him. He's not going to lose any sleep over it. But what if you were to get hacked worth of $900 ,000 of crypto? So again, red alert, be very careful with wallets such as MetaMask. Just saying. Now for the latest between the digital currency group in Gemini with the ongoing saga as it continues, lawyers representing Gemini Trust have pushed back against the plan proposed by DCG for the creditors of Genesis Global in the filing yesterday, September 15th in the US Bankruptcy Court for the Southern District in New York. New York, where you at? The legal team accused DCG of gaslighting Genesis creditors through contrived, misleading and inaccurate assertions and a recovery plan. Now the plan filed in Bankruptcy Court September 13th, three days ago, claimed unsecured creditors could have a 70 to 90 % recovery with a meaningful portion of the recovery in digital currencies, while Gemini earned users would expect an approximately 95 to 110 % recovery for their claims. This seemed like a red flag when I initially read the story. I'm like, how are they going to get back 110 %? Does that make any sense? So now I'm starting to understand maybe they were gaslighting. What are your thoughts, chat? According to the legal team, DCG was attempting to bait the Gemini lenders into accepting the deal that would allow the company to pay less than it allegedly owed. Lawyers called on the firm to significantly improve the terms of the loans provided to Genesis and not use Genesis' bankruptcy proceedings to cover for justifications of the recovery plan, quoting them here, to distract the Genesis creditors from the inconvenient facts of its facially inadequate and inequitable proposal, DCG touts proposed recovery rates that are total mirage, misleading at best and deceptive at worst, said the filing yesterday, September 15th. Make no mistake, Gemini lenders will not actually receive anything close to the real value in terms of proposed recovery rates under the current agreement. In principle, so a bunch of more shenanigans, to say the least. The legal battle involved entanglements with crypto exchange Gemini and DCG over the Gemini Earn program. How many of you have lost crypto from Gemini Earn? I'm curious. Please let me know in the chat, fam. Financed in part by Genesis, Genesis halted withdrawals as we know November of 2022 in the wake of the FTX collapse, citing unprecedented market turmoil at the time and filed for bankruptcy later on in January of this year. According to the court filings by Gemini, Genesis owed more than $3 .5 billion to its top 50 creditors at the time of their Chapter 11 bankruptcy filing. The crypto exchange filed the claim in May, aimed at recovering more than $1 .1 billion worth of assets for roughly $232 ,000 Earn users and filed a lawsuit against DCG and their CEO, Barry Silber, in June alleging fraud. Barry was not the only architect and mastermind of the DCG and Genesis fraud against the creditors. He was directly and personally involved in perpetuating it, said Gemini co -founders Cameron and Tyler Winklevoss back in June. The US SEC filed a civil suit against Gemini and Genesis in January for allegedly selling unregistered securities through the Earn program. The two firms filed a motion to dismiss the case in May, but it is still ongoing at this current time. How do you think this is likely to play out? I just hope that the investors get their money back as they deserve because we all know with lawsuits, the biggest losers are always the investors. The biggest winners are the lawyers and the courts. That's just facts. So we'll see how this plays out as well. And again, they're attacking and going after all of the yield programs for crypto with Gemini Earn being a pretty large one. Why? It undermines the banks, right? If you can earn a five or 10 % yield putting your cryptocurrency on their platform, it basically tells you that why would you even waste your time with fiat currency in your bank when you're losing more than the actual appreciation of interest because the interest is virtually nothing while you're losing 20 % in inflation on an annual basis. It just makes no sense. So it seems if I had to guess, that's why they're attacking all of these yield programs. But what are your thoughts, chat? Please do let me know. I'm going to read those comments out in a little bit. Now let's discuss the latest with Bitcoin Trust. That's right, BitGo and Swan unveiled plans for their Bitcoin -only trust company. This is breaking news as well. The US may soon have a Bitcoin -only trust company according to plans disclosed by BitGo and Swan yesterday, September 15th. The joint venture is pending regulatory approval, the company said in the statement. Now I love the word joint venture because hey, JV, just saying. The forthcoming entity will handle similar activities of a trust company, including Bitcoin custody, administration and management on behalf of its beneficiaries. And according to Corey Clipston, CEO of Swan, the solutions intends to offer Bitcoin custody without the risk of having other altcoins under the same roof. As you know, Swan is Bitcoin -only and they're pretty much anti everything, not Bitcoin. Quoting him here, for years, we have heard from major clients, partners and other Bitcoin companies that they would prefer a Bitcoin -only software and services stack that is focused strictly on the best custody and leverages of Bitcoin's unique features. The companies are in contact with state regulators about the plans, but have yet to file regulatory approval. Clipston told Cointelegraph we're evaluating acquisition options first, he disclosed as he announced here through the Swan Bitcoin team on X. As part of our long -term vision to advance Bitcoin adoption, we're announcing a major step forward for Swan and the entire Bitcoin ecosystem. BitGo and Swan announced plans for USA's first Bitcoin -only trust company. Let's go USA. BitGo offers digital asset security and custody, supporting over 700 cryptos as per its website. And in contrast, Swan's business is fully dedicated to the king crypto, allowing users to only invest in Bitcoin via a one -time and reoccurring purchases, with custody of records held at Fortress Bank and Bakkt, while BitGo acts as a cold storage for Custodian. Now, didn't Fortress Trust just go bankrupt or get acquired by another company? Was it Ripple? You guys let me know in the chat. I know there was something major with Fortress Trust. Now, the new venture will target institutional investors such as asset managers, pension plans, and family offices, along with governments and company treasuries. It will offer cold storage, fraud prevention, anti -money laundering, and know -your -customer protocols, amongst other Bitcoin -related services. Institutional investors in the crypto space are at a fast -growing market in the US, especially as the world's largest asset managers seek regulatory approval, which includes BlackRock, the largest. For a spot Bitcoin ETF, we also have several large Wall Street players offering crypto custody solutions to institutional investors, which include the Bank of New York, Mellon, as well as Deutsche Bank, quoting them here. We believe there is a high likelihood that several ETFs are approved in 2024, and thus a new round of entrants to the Bitcoin market seeking mature, reputable, technology -proficient partners for a range of needs, explained the Swan CEO. The SEC delayed decisions on the spot Bitcoin ETF product. Analysts predict the regulatory regulator may postpone a decision until early 2024 as the deadline fast approaches, quoting them again. Our teams have worked closely together for nearly a year on stronger, qualified custody models. Early in 2023, we recognized the opportunity to establish a Bitcoin -only custodian, combining the unique capabilities of each company and supporting the innovators that will be at the forefront of pushing Bitcoin adoption, noted the CEO of BitGo. So there you have it. I am curious, by a show of hands chat, how many of you have purchased or acquired Bitcoin using Swan Bitcoin, and how many of you are familiar or ever used BitGo? Let me know in the chat. Now let's break down our next breaking story of the day, and that's the Bitcoin halving, which should be on everybody's mind, because it's only six months out, estimated to take place sometime in April of 2024. Now guess what? What if we hit a new all -time high pre -halving, because that's what this prediction suggests. Let's break this baby down, shall we? Bitcoin has a $250 ,000 target for after its next block subsidy halving, but a new all -time high will come sooner. Let me know if you guys agree. That is the latest Bitcoin prediction from BitQuant, the popular social media commentator who sees a rosy future for Bitcoin. In his latest post on X on September 15th, synonymous central banker and Bitcoiner revealed a pre -halving target of 69 ,000. That's what makes this individual interesting. He is a central banker and a Bitcoiner. I didn't even know that was a possible combination, fam, just saying, but he wrote, no, Bitcoin is not going to the top before the halving. Yes, it is going to reach a new all -time high before the halving. Now Bitcoin has just over six months before the halving, the event that cuts the miner rewards, as we know, per block by 50 % every four years. Analysts argue that the resulting emission restrictions have a cathartic impact on the Bitcoin price performance, acting as something of a springboard in advance of Bitcoin seeing new all -time highs. But for BitQuant, the analysts, that alone is not bullish enough. Not only will Bitcoin beat its current record set in 2021, which we all know the current all -time high is 69 ,000, before next April, it'll go on to hit $250 ,000 per Bitcoin after the next halving cycle begins. That's what he says here. No, Bitcoin is not going to 160 ,000 because the magnitude of every pullback is large. This means it will peak after the halving in 2024, and yes, the target price is around 250 ,000, which is outlined right here in the chart. Let me know if you agree or disagree with this crypto analyst, BitQuant. Now, market participants are highly divided when it comes to how the Bitcoin price action will play out into the halving and beyond. Some agree that the higher levels are possible by April, but plenty of conservative voices obviously remain, especially bears, right? Last month, Bitcoin investor and author Jesse Myers dispelled any idea that Bitcoin will be trading at six figures between now and then, and in a subsequent interview, meanwhile, Philby Philby, the co -founder of Trading Suite, decent trader, gave a pre -halving Bitcoin price ceiling of 46 ,000, quoting him here, assuming no Black Swan event, around 35 ,000 by the end of the year, and possibly as high as 46 ,000, sometime pre -halving in quarter one of 2024. So there, you freaking have it. And as he shares here, I'm going to read you his particular post on X coming from Bitcoin. Again, this is the central banker slash Bitcoiner. He says, no, Bitcoin is not going to the top before the halving. Yes, it is going to reach a new all -time high before the halving. No, Bitcoin is not going to 160 ,000 because the magnitude of every pullback is large. This means it will peak after the halving in 2024. And yes, the target price is around $250 ,000 per coin. So there you have it, fam. Again, let me know if you agree or disagree with the analysts and where do you feel the Bitcoin halving, which is around the corner, is likely to take us. As you know, the two most bullish catalysts in the market, Bitcoin halving as well as spot Bitcoin ETF. I hope they both get approved and take place. We already know for certain the halving will take place, but there's a 95 % chance of the spot ETF approval in the United States, according to top ETF analyst, Eric Balchunes of Bloomberg. Now for the moment you have all been waiting for, the latest from Max Kaiser. I recently transcribed, actually today, his most recent interview in Bitcoin price predictions, very powerful words to share. So let's break this down. So first and foremost, he says, the world is a very different place and everyone will say nobody saw it coming, but it is clearly been brewing now for many years. And it's like every single day you can just see the catastrophe inching toward the abyss. You know, it's we're at the zero line preach. He also says it is a global fiat money game and you see different countries where fiat money regimes are collapsing in real time, right? Facts. Argentina, you know, the countries like this or like Lebanon recently had a complete collapse or a central bank collapse. That's right. And inflation is definitely an indication that your fiat money regime is in dire straits and inflation is breaking out in a big way. It is not going to return to where it was before this latest inflation break inflation and the collapse of fiat money is here. Now people are feeling it right now. And the quality of life all over the world is being impacted by it and it's being impacted in the United States. You know, people can't buy a home. People can't afford food. The economy is starting to ramp back up again. So it's playing out right now. And there is nothing that can be done to stop this inflation because the economy is completely out of control. So even the interest on the debt in the United States is now over one trillion dollars. So I think it is the biggest line item on the budget, bigger than the military. What we were told for decades was, oh, you know, it's trickle down economics or what you have, what not. I mean, and he goes on to share with Bitcoin. It's kind of the end of price discovery because everything will be priced in Bitcoin preach. eventually Everything goes to zero against Bitcoin. And so for someone like myself, who has been following this for 40 years, finance markets, technology, Bitcoin is the holy grail. It is the end all. I would say my compatriot in all of this is the one and only Michael Saylor. When you hear Michael Saylor talk, he talks about the aesthetics of Bitcoin, the beauty of Bitcoin. And he speaks about it in a way that I think carries the torch from the Max and Stacey from 2011. He started buying it, I guess, when it was 10 or 12000 a coin or so in 2020 era. So we were from 2011 to 2020. I think he's kind of carried the torch from 2020 in a lot of ways and introduced Bitcoin to massive pools of capital. I am surprised that more companies haven't followed his lead, giving up the break in inflation we have had exactly as Michael Saylor predicted, the melting ice cube, as he called it at that time, is exactly what happened. Well, I guess we can say now we're in a new era where BlackRock and those other major institutions are now looking at Bitcoin. So his work on the institutional level, I guess, is now bearing fruit. Three years later, I see in the Middle East, they are starting to recognize Bitcoin. So that's a huge pool of capital. I think all of that oil money will find its way into Bitcoin and be a huge catalyst for the prices. It is a natural way for the oil industry to diversify their portfolio because Bitcoin is essentially energy and the energy eventually gets priced in Bitcoin. And there is a marriage between these two in a big way. So I think that's kind of the answer. I have always been fascinated by price discovery in markets and the architecture of how markets work under the hood. And Bitcoin is such a pristine, perfect money. And I think it is something that humans have been searching for since forever. And now we're seeing it change society on a really fundamental level with the introduction of Bitcoin. And a lot of people are freaking out because of it, because it destroys the status quo. And a lot of people who have been waiting for it to come along have had the faith that humanity can be saved. They see Bitcoin in those terms. So you have this split going on, which is very exciting. So it just continues on and on. And you cannot, how could you not be interested in it? I think the people who were into it earlier and just walked away just never got it from the beginning. Once it's characterized as an asset class, we have nothing to do except position ourselves in this asset class. Either we are going to be a small position or a big position, but we cannot ignore it. We cannot not have a position. Now check this out. So even 1 % of that multi -hundred trillion dollar funds available moves the needle on Bitcoin and it moves it up considerably. He's referencing the 700 trillion dollar plus total addressable market. And he continues, so if we get into the 5 to 10 % range, then you start to really see it raise ahead to the seven figure type predictions that people have been making, including myself, because Bitcoin is an asset class preach. And on the flip side, we have what we saw in the gold market, which is the ability to control the price discovery and manipulate the prices. It's real through the derivatives markets. So the price of gold has been lagging inflation for 20 years because the governments around the world don't like gold making their fiat money look bad. That's right. So they make it easy for the huge funds to manipulate the price of gold and to scalp it, to continuously skim profits off of gold, which is what they do almost every single day. You can watch it and see it. That's pretty clear. And they are very good at keeping the price of gold and silver down. There's something like for every ounce of silver, there's probably 50 ounces worth of derivatives floating in various exchanges around world that are used to keep the price of silver down because governments don't want gold to race ahead and draw capital out of their fiat money scam into gold. He's preaching. Now with Bitcoin, we have the ability to pull our private keys, which is not really available with gold. Technically people can take delivery of gold on these exchanges, but there has never been an organized attempt to do so. We tried to do it a few years ago with crash JP Morgan, buy gold and silver because after the 2008 financial crisis, when JP Morgan ended up buying Bear Stearns effectively for nothing, they inherited this huge multimillion short silver position that Bear Stearns was managing at the behest of presumably the government. The government likes to stay involved. And so I did some calculations and it became clear that if this short position was not covered, the price of silver could go to 60 to $70 an ounce, and it would bankrupt JP Morgan Chase. Take that Jamie Dimon. So we started this crash JP Morgan buy silver campaign, and we got the price of silver from $15 up to $50. So we got it up to $50 level. And then the Fed of course came in, they changed the laws overnight to make it possible for these banks to have and carry a much greater short position and silver. So they printed up a lot of paper, silver derivatives, and they stopped the run on their bank. And the price of silver went back down to $15 or so. So we've seen that it is possible to force capitulation in that silver market. But at the end of the day, because the ability to pull private keys is not like it is Bitcoin, I don't think it'll ever succeed. Whereas with Bitcoin, you can pull your private keys. Now, I mean, he is speaking facts right here. Warren Buffett and his own words has said, derivatives are financial weapons of mass destruction. The central bankers are using it to manipulate the markets. That's what they're doing with silver. That's what they're doing with gold and precious metals. And Max makes a great point. They don't want the gold and silver prices to rise up. It undermines the US dollar. They're trying to keep a strong dollar, right? So that's why gold has been pretty stable at like $2 ,000 and unable to really climb much above it. I think it's been pretty stagnant virtually for the past decade. So with the dollar inflating from them continuing to print trillions of dollars, the fact that gold isn't just continuously going up, it proves that the market is manipulated. You also got to consider as well, there is no scarce asset like Bitcoin. Bitcoin has a finite limited supply of 21 million coins. Yeah, gold may be rare or scarce, but they dump a new supply every year into the market. They can control it. They could invest more into discovering more gold. As Jack Mallers pointed out, Elon could maybe discover more gold on Mars. Who knows? Bitcoin, you can't say the same thing. Bitcoin is perfect money. It's incorruptible. It's unconfiscatable and the list goes on and on. So if you had the choice to put your wealth somewhere, what asset class would you choose to put it in? Let me know, fam. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Bitcoin Audible
A highlight from Chat #84 - Layers, Payments, and Relays with Utxo
"I'm not like really trying to make money with no less, you know, I really just want Bitcoin to be money I want my merchants to accept it. I want businesses that I go to all my friends to accept it I I just want it to be money You to Welcome the show, dude It's really really good to have you and I feel like we should have done this Already like we've been talking long enough and shooting the shit about damn near everything We're building and working on and all the projects and everything that it it should have been obvious We should have done this like three months ago. Well, we finally did it's on the books. We are we made it man We got it on the calendar. I had a calendar invite Professional and everything God. Oh my god. Is that like an automatic email that sent out to you? I didn't even do it like is like magic so professional almost like there's a business over here. Okay? Well, dude welcome and I'm I'm really stoked to get into this So the first thing I want to do just for obviously the audience But actually a lot for me because I don't really know a lot about your background and have a lot of the things we talked About like stuff you've worked on but give me give me the give me the setup, you know Like give me the the prologue to where we are now for mr. UTXA All right. Well, thanks for having me. First of all, I When it comes to Bitcoin, it's probably similar to like everybody else in the world, you know, like I heard about it mad early Thought it was stupid You know and then I used it a little bit for online poker To like because there's a lot there's a lot of censorship and online poker like, you know visa Masticar like didn't allow it certain countries. Anyway, it was a big nightmare, but Bitcoin made it so easy what you was when was this? It's probably like 2013 2014 Timeframe or whatever. Oh, yeah So this is like what about online poker? I forgot that that was there was like that corner during during those days Yeah, man. Yeah, it was big and like every site basically had it But The thing so that was kind of like my second touch point I'm like now I'm actually using Bitcoin but I hated it because it's like, okay Yeah, I can withdraw from it But the next day I go to a new site and I lost 30 % of my money It's like why did I spend all this time grinding just so big Yeah, it was ridiculous man So I just I hated Bitcoin even more Okay, and now 2017 rolls around now now it's ripping and I feel stupid. I'm like man I had all this this Bitcoin and I got it from the online poker sites You know, like it was like in the in the tens of bitcoins, right? So now I feel so stupid. So I'm like now I just buy in like right at the top of 2017 Get fucking wrecked, right? Yeah, so that but that's when I was like Instead of like selling I just did the like Bitcoin or cope thing and I'm just like, oh no I'm just gonna like hold and I don't care that I just like it wasn't a lot of money that I put in You know at that time But just like how to make it hurt a lot less but yeah But like, you know, it gave me a chance for my orange pill to like digest or whatever and then And then 20 the slow release exactly. Yeah Yeah slow release and then you know 2020 rolls around and then like everything starts to come true like all those like cope stories that I've been like Listening to over the years. It's like wait a minute. This is not a cope story It you know, this is where we were going yeah, this shit is actually real so that's when I was like, alright I'm a Bitcoin or true and true, you know, like after kovat that that was it for me So that's like that's my Bitcoin story, man. Nice. Nice What were you what led you to the development stuff that you're working on? Like what were you doing before that? so My main business is actually like AI even though like my passion is all in Bitcoin and noster like freedom tech and stuff. Like what's been paying the bills for me is like doing AI So I built a bunch of like AI affiliate sites AI sass apps That I just like that. I just own but then I got kind of bored with that I was just like so passionate about Bitcoin and freedom type I've been doing that for like probably three years now, but the truth is it's like I'm not really It's not enough to pay the bills, right? So it's like thankfully the AI has been like doing well So it gives me a free time to like work on what I love with Bitcoin So that's really been it. I mean I started using BTC pay server. That was like my first way I just wanted it on my website to accept payments But it didn't have a lot of the features that I wanted. So I just I started building them for myself It was a selfish thing. Really. I just I wanted the functions to work on my site. So I started contributing and just, you know the path it just kept opening up and now lightning and Yeah, so that's that's kind of like the origin story of Getting into dev for me. Did you build with BTC pay server for a while or Like did I use it on my websites or did you actually did you actually build with the project I Can contribute to BTC pay I guess. Oh, yeah. I've been I've been a contributor at BTC pay server for like almost three years now So all the like WooCommerce press the shop all of those integrations a big part of what I do is like handle the SDK so that BTC pay server can communicate with like WordPress and press the drop and all that kind of thing So that's like the big thing that I handle Me and another guy named Andy. We basically like handle that package and like that's the backbone of how Probably like half the websites out there using BTC pay server Gotcha, and it was it was pretty limited when I started You know, I'm actually curious. Um, I would love to hear what your layman's explanations because I know where dev kits and stuff kind of fit into the stack so to speak but it's one of those things that like you kind of use or you're familiar with something but You know so often like what is really going on has just been obscured You just kind of like know where the Lego piece fits rather than know what the Lego piece is You know, I mean give me give me your explanation especially for the audience the the less technical people What's the nest? What's the SDK? Like what's Where does that fit in and why so an SDK makes it easy for a developer to use your application? So if we take BTC pay server, for example Instead of a developer having to like read all the documentation of like, how do I make the API column? What fields do I need or whatever if you use the SDK when you're in your like code editor everything just auto completes for you so I can just be like send coins and it's just like Sendcoins address number. Boom you like instead of you just write like one line of code and it just works It just so a software development kit in a nutshell is just trying to make it very easy for developers to like integrate with your systems so literally in the context of Using the Lego analogy. It's it's like having pre -built sections of Lego blocks so that when you're putting something together you can just grab the whole block of stuff and just stick it where it needs to go and you don't have to redesign the Send find, transaction you know Look up transaction like all the all the actual pieces like you would have to write actual code and pull the API and all this Information and it's just like well, why don't you just take this block that accomplishes this task and then just keep going You know like yep solve that problem simplify that for me. Yeah. Yep. That's exactly what it is. So after you Kind of resolving the BTC pay problems that you wanted to solve This led you to Nodeless, which is the project This is this is when I found out about you because I thought this was fascinating and I was immediately like I mean No, no hate to BTC pay. I've loved BTC pay. I've been using it for a really long time But I I don't like to spend time on stuff Like I don't I have I spend plenty of time on plenty of things and I have gotten to this place where I'm just like wait, so I can just Someone else can solve this for me and I can just kind of pay them a little bit of money that's that's the best news I have gotten all month because and I've gotten to where I've hired multiple people for Bitcoin audible and it's like a huge expense, you know, and There's there's a lot to it. But now I just can't go back I just can't go back and I would never go back to publishing and doing all that stuff myself Like I just realized how much time I lost. So this is why I was immediately like Oh Nodeless because Nodeless does all of that work for me and makes those things simple So why what was your motivation for? Starting Nodeless and this is still really young right like when was when was Nodeless officially launched I Officially launched it like right before Nosterica, so I guess I was like March of this year. Okay. Okay. Yeah, so still very and that launch was like a Law, it was like a Noster launch, you know, like yes half built it like half the things didn't work You know, it's pretty good now, but at the time, you know, yeah, we're only like recently kind of stable But really like so yeah, so I start working on BTC pay server. Okay now I'm like fully green -pilled I'm telling everyone I'm like, oh, you know You gotta be self -sovereign. You gotta accept your own payments. You gotta run a node You know, like I'm going around tell and then people are like, okay, you know show me how to do it All right, show them how to do it and then before you know it I have like Not many maybe like five or six people that I got to run BTC pay server and now what is my full -time job like? Technical support for all these people. Yeah And like it gets serious like sometimes when lightning screws up like it's scary And it's hard to recover if you didn't do your backups properly and like not everybody is like so perfect at running their Infrastructure like I love doing that shit. That's great But like most people actually don't like doing that and they're not very good at it or very responsible about it either, right? so I was just like originally, I was just like if I could just run the node for my friends it would solve everything because it's actually like BTC pay server the Software itself is like amazing and easy to use. It's like everything all the challenges came from the lightning node part of it So, yeah I was just like how could I possibly do this and then that's where it's like it kind of like evolved into node list so it was like That's basically what node list is right like it's young. It's my big node and you can connect to it to accept your payments But I wanted to do it like to really stay as close to BTC pay server as possible like not be Custodial not be KYC like not do all of that So that's like sort of how we we came about doing it It was just like I I want everyone to use BTC pay server I want them to be self -sovereign But I think it is too much to ask people to run lightning nodes Like that's just that's just the truth man. Like maybe it hurts to hear that but it's true I think it makes more sense in the context of because you think about it like a major part of the problem is the same problem the internet has had since the beginning is DNS and running a cloud accessible server Running a front -end because like, you know in the context of like a Phoenix wallet or whatever. I'm running my own node Right, like on my mobile wallet and on my phone I have my keys But I don't have a web face. Like I don't have a front end so that someone can Donate when my phone's often in my pocket or something, you know so it's it's funny how much of the problems and this is the same issue like a Fiat JAF posts this a lot and he's super critical. I mean I mad respect and I like the way that he's critical But but nonetheless he he shifts on lightning all the time And and he posts the chart of like the the noster The explosion in custodial lightning, right and And and what's funny is that Like all I can do when I kind of look at that the best example I have in my mind of like what's going on there and why 80 % or 90 % or whatever now is like quote -unquote custodial lightning is zaps on Noster is that all I can do is think about it in the context of like me I have like my frame of reference how I use it and I show up in that statistic looking like I'm overwhelmingly majority custodial and The reason is is because of the lightning address like that's the reason period it's to have the web front end so that somebody can zap me and But the thing is is my value my value is not stuck in custodial So like whereas most of the payments come through to my albie address Or before it was the Ellen tips Cali BTC Ellen tips spot Which they host and is custodial all of the value was I would just withdraw to my Phoenix or to breeze or to my BTC pay server to My my lightning node Once every two weeks, so I get like 500 zaps at 21 sets 100 sets 69 sets and you know over and over and over again an Overwhelming majority of my activity is custodial, but then I only ever have like 40 bucks in it And as soon as it's like a hundred thousand sets two hundred three hundred thousand sets I'm just like, okay withdraw one payment to my Phoenix and it's behind my keys and I think like that's a huge caveat.
The Bitboy Crypto Podcast
A highlight from New NFT Strategy EXPOSED Last Night!?
"As a contractor, I choose Hardee fiber cement because I've seen it outperform wood -based siding and other hard siding materials. The high -quality craftsmanship translates into beautiful and durable results that leave our customers at G -Fidel extremely satisfied. Using Hardee siding has significantly reduced my callbacks and warranty claims too. At James Hardee, we're here to support you. From training materials to resources that can help you generate a greater profit. Learn more about growing your business with us at jameshardee .com slash build. Hey, guys. I got some breaking news for the NFL and crypto fans out there. There's some ways to make more money with crypto if you're a fan of fantasy football in the NFL like a lot of you probably are. Now, guys, unless you're under a rock, you've heard of fantasy football. Well, there's a crypto aspect to fantasy football, and that's draft kings. Draft kings have NFTs of every single player that you could draft. So if you play fantasy football and you see that random wide receiver, that random running back, you can draft that as an NFT. Well, there's a big, big injury that happened on Sunday. You maybe saw Aaron Rodgers. He got a career -ending injury, potentially career -ending. It's definitely season -ending. It's a bad Achilles heel injury, and he is out. Well, where's the crypto opportunity in that? Well, NFTs of Zach Wilson. Zach Wilson was the backup player for the Green Bay Packers. NFTs of Zach Wilson shot up from $69 all the way up to $555. Okay, that is an 8x. That's almost a 900 % gain right there. Sorry. No, it's 700%. That's almost a 700 % gain right there, folks. All right. Thank you, editor, for bearing with me here. Now, that NFT was for the elite version, and there's only 30 copies of those. So the less supply there is, the more value that these NFTs are going to have. So you don't want to go for the common or the uncommon if you're trying to flip NFTs. A lot of times, you just want to go for the rare for that hot, for that holy grail of the NFTs there. Now, what is the next opportunity, guys? Now, this was a huge, huge gain, okay? Going from $69, which is a pretty nice price, all the way up to $550, that's people would go crazy. A Wall Street guru, the world's best Wall Street trader, would go nuts for those types of returns. Well, guys, I think these returns can be had regularly, okay? Now, it might not always be a marquee player like, you know, Aaron Rodgers is in the backup, but sometimes, you know, running backs get injured all the time. Wide receivers get injured all the time. Other quarterbacks, there's, you know, almost 30 other quarterbacks that are, you know, worth their salt there. There's going to be tons of opportunities. Say your fantasy football team is doing terrible. You're horrible. You're in last place. You know you're not going to get in the playoffs. It's three weeks in, and you basically want to throw in the towel. Well, don't give up because there's a lot of opportunity with this DraftKings angle. All you have to do is just watch Sunday. Be the first one or two people to buy the NFT of that soon -to -be upgraded bench warmer, okay? Maybe it's a running back. Maybe it's a quarterback. Maybe it's a wide receiver. You don't know who's it going to be because we don't know who's going to get injured. There's going to be a lot of people maybe watching behind. There's going to be people FOMOing in later. There's going to be people maybe buying it an hour later. I want you to be watching the game, and I want you buying that NFT within seconds. Now, if you have a knowledge about football and you have a knowledge about crypto, this is a unique opportunity for you because not everyone is going to have your knowledge. Not everyone has your years of training being that armchair quarterback. You know, watching this channel, discovering crypto, figuring out how to get this wallet, figuring out what do you mean NFT marketplace, knowing what that means, knowing what your seed phrase is, having it written down, having all these things safe and having a roster of NFL NFTs that you can capitalize off of as there's going to be a lot of opportunity here. Sixteen weeks left, right? Seventeen weeks in the season. We got a lot of weeks left in the season. That's a lot of weeks of injuries. That's a lot of weeks of buying NFTs. And, guys, it's not just Sunday. We got Monday. We got Thursday. I think even Saturday night sometimes, so there's going to be opportunity. So if you're a football fan, turn it into an opportunity, a money -making opportunity. I'm not saying, you know, you're going to get paid 100 bucks an hour to watch football, but some people literally were paid hundreds of dollars an hour to watch football. Those that bought that Zach Wilson NFT and those that sold into the profit because that's going to be the key as well is spiked all the way up to 550 bucks. Guess what? Zach Wilson's NFT is now down. It's, I think, under 300. So you sell into the hype. You get in. You get out. There's a lot of opportunity to be made here, folks. I'm trying to give you financial freedom. So if you watch some football, you like NFTs, this is a great opportunity for you. That's all I got. DZ out. Let's discover crypto together, baby. You've been dreaming about the dress. Come find the one at David's Bridal. The most glamorous designer wedding gowns are now 15 % off. Bridesmaid dresses that fit beautifully start around $99. Whether you need a veil, jewelry, shoes, or even lingerie and shapewear, it's all at David's Bridal. Take 20 % off outfit making accessories for a limited time. Stop by your local David's Bridal store or shop David's Bridal .com today. Terms and conditions apply. 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The Teachers Impact
A highlight from #70-Administrator to Classroom Teacher: 4 BIG Lessons I've Learned
"Welcome to the Teacher's Impact Podcast, or better yet known as the TIP, where teachers can come to master their craft, use their voice, and enhance student learning. Welcome to the Teacher's Impact Podcast, better yet known as the TIP. On this episode, we'll be talking about the valuable lessons I've learned transitioning from administrator to teacher. In the year of COVID, I moved from a supervisory position in a charter district to a classroom teacher in a public district. It was a decision that I knew would be best for me in the long term, a transition that would be somewhat difficult, but I've learned a few valuable lessons that I will take with me throughout my career. The first lesson was that the realities of teaching in a classroom today evolved quickly, rapidly. If you've been out of the classroom even just for a few years, it might be challenging to empathize with teachers dealing with current developments. Technologies like ChatGPT or virtual teaching, which we discussed in episode 69, are revolutionizing lesson planning and saving teachers precious time. As an administrator, if you're not familiar with these changes, you may underestimate their impact and inadvertently discourage teachers from adapting new, efficient methods. Administrators with years of experience may have brilliant ideas on paper, but implementing them as a new teacher or even a seasoned teacher can be a Herculean task. It's essential for administrators to be open to feedback and constructive criticism from teachers, allowing their collective experience to shape successful initiatives. The daily responsibility and toll of teaching 20 or more kids can be underestimated if you've been out of the classroom for a few years. As a classroom teacher, the weight of ensuring their safety and well -being during class and even after hours takes a substantial mental load. This is a unique aspect that staff outside of the classroom doesn't have to face. Administrators, on the other hand, carry a broader school -wide mental load. So when giving directives, district personnel should consider these differences in mental load. Finally, Lesson 4. A simple token of appreciation from an administrator can make a world of difference for a classroom teacher. Administrators have busy schedules and numerous responsibilities, but even a small gesture can have a big impact. For example, when my principal noticed that my students were sitting on the floor during lessons, a rug was provided to me for the classroom. This thoughtful act of support made me feel so valued, motivated, and appreciated, and it just reinforced the significance of the work that I do. So that wraps up our discussions on the valuable lessons I've learned during my transition from an administrator to a teacher. I hope these insights resonate with educators and administrators alike. Remember, the path of growth in teaching profession involves continuous learning and empathy for one another's experience. Keyword, empathy for one another's experiences. So some key takeaways from this episode. Number one, the realities of teaching in today's classrooms change rapidly, and staying up to date is crucial for effective teaching. Even if you've been out of the classroom for two years, this still applies. Number two, administrators should be open to teachers' feedback and ideas as their on -the -ground experience can reveal potential challenges and enhance the success of any initiative that my administrator may have. Thank you so much for listening. Don't forget to check out the website, teachersimpact .net. If you found this content helpful, please share, favorite, and rate on your favorite podcast app. It helps the show to grow, reach more teachers, and have an impact. You can email me at teachersimpacteducationatgmail .com or follow me on Instagram at Teachers Impact Podcast.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1395: BlackRock Bitcoin ETF Will Send BTC to $1,500,000
"In today's show, we're going to be discussing Bitcoin liquidating $23 million in shorts as Bitcoin price tags a new September high. And check this out, Michael Saylor shares three catalysts which will take the Bitcoin price to $5 million per coin. Also quoting Ricardo Stellinas, the third richest man in Mexico, Christine Lagarde is a thief, Jerome Powell is a scammer, and they're pulling off the perfect fraud preach. And quoting Max of Central in South America, also breaking news just in, Turkish crypto exchange CEO sentenced over 11 ,000 years in prison for allegedly stealing $2 billion in customer funds. We'll also be discussing the institutions may be forced to fight over just 5 % of the Bitcoin supply. Can you say incoming? Bitcoin supply shock. We'll also be discussing when will we see a new Bitcoin all -time high? Will it be this year? Will it be 2024, 2025? I'll be breaking this down for you. We'll also be discussing now 10 years later, since the first Bitcoin spot ETF application and still no Bitcoin ETF, when is it likely to finally be approved? We'll also be discussing the largest asset manager in the world, BlackRock and their Bitcoin spot ETF can literally unlock $30 trillion into the crypto market, send in the Bitcoin price parabolic to $1 .5 million per coin. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again, that's crypto news alerts .net. So welcome everyone just joining us in the live chat. We're finally back in the green for the Bitcoin market, which is a good sign. Let's kick off today's show with our market watch. But first and foremost, welcome everyone. It's September 8th, 2023. I'm your host JV, and this is pod episode number 1395. As you can see here, we got Bitcoin in the green, trading at roughly 25 ,900 while Ether and BNB are still in the red. And checking out coinmarketcap .com, we're currently sitting just above that trillion dollar milestone, with about 28 billion in volume in the past 24 hours. Bitcoin dominance has been pretty stagnant, currently at 48 .3%, with the Ether dominance at 18 .8%. And checking out the top 100 crypto gainers of the past 24 hours, we have Kronos leading the pack up 3%, trading at 5 .2 cents, followed by XDC up 3%, trading at 5 .6 cents, followed by Stellar Lumens up roughly 2 .5%, trading just above 12 .5 cents. And checking out the top 100 crypto gainers for the past week, I'd say the majority are back in the red, but we do have some pumpers, including XRD now up 8 .1%, following by CRO up 3 .3%. And checking out the crypto greed and fear index, we're currently rated at 46 in fear, yesterday at 41, last week a 40, and last month a 50, which is dead in the middle, neutral. So there you have it. How many of you have been taking advantage of this recent dip? Please do let me know in the comments right down below. And now let's dive into today's Bitcoin technical analysis. If you're just joining us, make sure to say hello in that live chat, and let us know where you're tuning in from. But yeah, let's check out these charts, Bitcoin extended volatility into the September 8th Wall Street Open as a classic short squeeze sparked new September highs, which you can see here in the Bitcoin, one hour candle chart, data from Cointelegraph and TradingView showed Bitcoin price movements liquidated in shorts and longs alike. Bitcoin has seen upside momentum the day prior, culminating in a trip above 26 .4 after the daily close, then a subsequent comedown nonetheless took Bitcoin full circle, and Bitcoin slash USD pair was back under the 26 ,000 mark at this time. Now, some analysts breaking down some of the charts here, such as Jelle says, whoops, let's take out the lows again, then. Hmm. Now the result was punishment for the late traders chasing the market up and down. According to data from CoinGlass, short liquidations total $23 .5 million for yesterday, September 11th. And thus far today, we don't know how long the tally is precisely, but probably even higher. Shorts have got hunted as expected. It's a popular trader scoop, quitting him here. Bitcoin Binance and Bybit open interest shorts got hunted and as expected. Note the over leverage added here, or I'm sorry, open interest added here with a small price reaction and decrease in the per bid delta. This implies that more shorts scaling into the price on the second dive higher. Now, fellow trader Dan Crypto Trades highlighted the significance of reclaiming lost ground from August, quitting him here. Bitcoin was finally able to break above the September monthly open after testing it numerous times. It is now retesting it. The question is, will it provide as much support as it did resistance? It's up to the bulls to try to maintain a green September. Meanwhile, CoinGlass data confirms September tends to produce a Bitcoin price downside of close to 10%, with market expectations skewed approximately for 2023. And quoting another trader, Crypto Tony, he says, nice rally off of 25 .6 range low, but no following through up to the range highs. So again, we're stuck mid range. No entry for me on Bitcoin unless we clear 26 ,600 as outlined here in this chart. Now quoting another analyst, Michal Vendet Pop, he says, technically speaking, we can solely focus on the price action in 2019, but that doesn't grant a clear case. The case in 2015, we can correlate the current market with that cycle, he said in his commentary. And he continued, in that regard, this is the final correction. Let me know if you agree or disagree with the analyst as he outlines here in this chart. He says there is a level in which Bitcoin must hold in order to avoid the significant crash. Bitcoin currently holding onto a significant level of support. It's around the 25 ,500 barrier, which has held up thus far. Do you think we're likely to drop sub 20 ,000? Let me know your honest thoughts in the comments right down below. And now let's break down the latest from Michael Saylor. He recently shared three catalysts, which will take the Bitcoin price to $5 million per coin. Catalyst number one, a spot ETF approval, which he says is inevitable. Number two, banks custody and against Bitcoin as collateral, which is coming soon. And number three, fair value accounting rules from the FASB, which will be approved this week. So there you have it. Very bullish sentiment coming from Mr. Saylor and massive shout out to Ricardo Salinas, the third richest man in Mexico. In this interview, here's what he had to share. Christine Lagarde is a thief and Jerome Powell is a scammer. They're pulling off the perfect fraud. So much respect and shout out to Ricardo Salinas for preaching the facts. And quoting Max Keiser, the high priest of Bitcoin, he says that President Bokele is the Warren Buffett and Elon Musk of Central and South America. And he's turning a $26 billion out of favor of phishing and Pupusa hub with some untapped volcano Bitcoin mining potential into a $300 billion mega success story that's transforming the region. So let's freaking go. Massive shout out to Najib Bokele. And now let's break down our next story of the day and discuss this $2 billion crypto scam. Could you imagine being sentenced to over 11 ,000 years in prison? Do they not understand the average life expectancy of a human being? I mean, who does that? But anyways, this is quite fascinating to say the least. Here's the guy right here, just in Turkish crypto exchange CEO sentenced to 11 ,196 years in prison for allegedly stealing $2 billion in customer funds. This story should have SPF ishing his pants considering SPF with FTX was a $30 billion fraud for Christ's sake. Facts. So yeah, let's break this one down. The former CEO of Turkish crypto exchange Thodex. And let me know if anyone has ever heard of the exchange. I never heard of it until today. The guy's name is Farouk Faith Ozer. He was sentenced to 11 ,196 years in prison by a Turkish court on charges of establishing, managing and being a member of an organization where qualified fraud and laundering of property values. Are you listening to SPF? Now, the ninth high criminal court sentenced him along with his two siblings to the same jail sentence of 11 ,196 years. Good Lord. 10 months and 15 days in prison along with a $5 million fine reported Turkish state run news agency. The Turkish crypto exchange was one of the largest digital asset trading platforms in the country before abruptly imploding in 2021. The exchange halted services on the platform without prior notice. And the founder fled the country along with the user's assets, totaling over $2 billion in crypto. And at the time, he refuted all claims of the possible exit scam. The fugitive founder was finally detained in Albania in August of last year, where he has been serving a jail sentence before he was extradited to Turkey in April of this year on charges of fraud and money laundering. The same charges SPF is against. Now, he was already in jail for failure to submit tax documents since July, while the most recent conviction comes for defrauding customers. The founder of the crypto exchange claimed in court that he and his family are facing injustice. He said that Thodex was a crypto company that went bankrupt and had no criminal intentions. A Google translated version of his court statement read, the following, I am smart enough to manage all institutions in the world. This is evident from the company I founded at the age of 22. If I were to establish a criminal organization, I would not act so amateurishly. The question is that, is it clear that the suspects in the file have been victims for more than two years? So he's allegedly claiming to be a victim. The long drawn out case against the Thodex crypto exchange had 21 defendants, five of whom attended the court hearing in person. The court acquitted 16 defendants of qualified fraud due to the lack of evidence and ordered the release of four defendants. The other defendants in the case received varying degrees of sentences based on their involvement in the crypto fraud. So there you have it. I mean, quite interesting to hear anyone being sentenced for over 11 ,000 years, and especially considering his siblings are also involved. Do you think they're just trying to make an example out of him? I don't know what to really think, honestly, because I don't know the guy. I don't know the exchange. I don't know if he's really innocent. I don't know if it's an attack. But what are your thoughts, fam? Let me know. And at the end of the show, I'll be reading everyone's comments out loud. But it does sadden me. I must say, hearing anyone get sentenced to 11 ,000 years in prison doesn't seem right. If you could only live approximately, what, 80 years, it just is a bunch of nonsense and sounds like they're trying to make an example out of someone. I say, if you want to make an example out of someone, use SPF, the $30 billion fraudster himself. Why don't we start there? You know what I mean? Just saying. Anyways, fam, now let's discuss the potential supply shock incoming as per Invest Answers as institutions fight for the final 5 % of the Bitcoin supply. That's right, citing an infographic from blockchain analytics firm Glassnodes stating that 95 % of the existing supply of Bitcoin has not moved over the past 30 days. Anonymous host of Invest Answers tells his half a million YouTube subs the Bitcoin needs to rally is a buy -side catalyst, quitting him here. Breaking news, 95 % of all the Bitcoin has not moved in the last 30 days. So again, despite the weak market, only 5 % is moving around with 95 % sitting tight. And we know why. But the real magic of this, imagine there is a catalyst and imagine big money wants to jump in and buy a truckload of Bitcoin. The price will just go parabolic. And that's just economics, ladies and gents. This is why I am so obsessed with Bitcoin. It is so scarce. So literally when the big institutions come and they are fighting over that 5 % and all the legacy holders are just sitting there watching anyway, it's a reason to be excited. And the charts don't lie as the HODL waves chart from Glassnodes shares here, literally 95 % of all the Bitcoin has not moved in the past 30 days. So shout out to all my long -term HODLers. The anonymous host also further says that the remaining supply of Bitcoin after accounting for the long -term HODLers and the lost Bitcoin is also yet another bullish indicator, quitting him here. The amount of Bitcoin that is either HODLed or lost or basically has not moved in the last five years is nearly 8 million BTC. That means technically only 11 million or thereabouts have not. And in fact, taking this five -year plus, it doesn't include all the Bitcoin lost over the last five years or less. So we just know it is super scarce. It is question, well, if it is so scarce, is that not bad? No, it is not. It means the price of what's left will go up and it won't take a lot to move it as well. So there you have it. And in this chart by Glassnode, you can see the 8 million Bitcoin HODLed or lost in the past five years, but only 11 million left as the smart money and the whales continue accumulating as they should. So there you have it. Let me know if you feel that Bitcoin supply shock is going to be incoming, this halving coming up in roughly six months, scheduled to be sometime in April 2024. Let me know your honest thoughts in the comments right down below. Now let's discuss our next story of the day and discuss when do you think the Bitcoin price is likely to hit that new all -time high? Well, let's break this down according to Crypto Con, a fellow analyst predicting all -time highs in 2025, which I feel is conservative. I think personally we're likely to smash the 69 ,000 all -time highs sometime next year in 2024. But let me know your thoughts, chat. Now amid debate over the nature of the current Bitcoin four -year price cycle, Crypto Con believes that all may be simpler than many imagine when it comes to how Bitcoin behaves at a given time. Unveiling the November 28th chart on X, he delineated the date of the key pivot point for the year along with a three -week period on either side, quoting him here, using four -year time cycles against my inception. The cycles are centered around the dates of the first halving, November 28th. And he continues, the Bitcoin price action began at the first bottom, October 8th, 2010. This is where cycle curves peak every four years. Tops and bottoms come plus or negative 21 days from November 28th at their appropriate times on the curve. Tops on the upswing, bottoms on the pinnacle. So the chart virtually describes November 28th as Bitcoin date. Bitcoin sees a Bitcoin bull launch every four years. The last was in 2020 when Bitcoin broke beyond his previous all -time high, hitting the current high of 69 ,000, which we did in November of 2021. The next point of interest is thus November 2024. Until then, Bitcoin price action will spend its time in a mid -cycle lull, according to the analysts. After Bitcoin bottoms, the price makes an early first cycle move, which you can see in this chart in the orange and enters into a mid -cycle. This is the longest part of the cycle where Bitcoin spends time around the median price, half of the previous all -time high until the curve bottoms. So ultimately, the median price of the previous high is probably in that $33 ,000 to $34 ,000 range, just FYI. But he did add that Bitcoin had almost certainly seen its early top, referencing the 31 ,800 local highs back from July of this year. Now, as reported by Cointelegraph, opinions on where the Bitcoin price action will go into the 2024 block subsidy having differ from analyst to analyst. Some argue that the modest gains will be all that the hodlers will see before the event scheduled for April of next year, again, roughly six months out. We also have Phil B. Philby, co -founder of trading suite Decent Trader. He delivered a $46 ,000 target for the halving with $36 ,000 slated for year's end. What are your thoughts surrounding these two targets? Do let me know. Meanwhile, CryptoCon summarized that 2023 Bitcoin's price behavior as a full market fake out, putting him here. This makes it appear as if the bull market has begun with the trigger of many signals. But then at some point, the price fails to continue. This is the most convincing example we have seen of this yet. And personally, I think there is still some time to go for that. And I am patiently awaiting its completion in which he shares alongside the Bitcoin one -day candle chart. Now, as we know, we'll see where the Bitcoin price is likely to go next. But now the million dollar question, when are we likely to finally get a Bitcoin ETF spot in the United States as they have been getting denied now consistently for over a decade with the first app being submitted by the Winklevoss twins, owners of the Gemini exchange? Because we all know fact there is a lot of money on the sidelines. In fact, analysts are predicting over 30 trillion will be ushered into the Bitcoin price and the market cap as soon as this does get the approval. But when is the million dollar question? So let's discuss when the spot Bitcoin ETF followed by a prediction of the Bitcoin price soaring 60x from the current price action to one and a half million dollars per coin. Then we'll dive into our live Q &A. So the first spot Bitcoin ETF app was filed in July of 2013, literally over a decade ago. Fam, I'm not exaggerating. It was denied in both 2017 and 2018. A decade has since passed since the initial app. Now the SEC had rejected more than a dozen additional apps and repeatedly punched the date for deciding on others. I'm sorry, punted, meaning they continue to push it back. The ETF saga's latest interaction saw Bitcoin jump more than 6 % as industry advocates celebrated a court ruling that affirmed what we already knew, that the SEC's rejection of the Grayscale ETF app was arbitrary, 100%. This was of course followed by the SEC delaying its decision on all seven pending Bitcoin ETFs and a subsequent price drop. Now we wait as the SEC deliberates on its next move surrounding the Grayscale pleads for approval. Now to a degree, the case for Bitcoin ETF makes sense in the spirit of adoption. The $7 trillion ETF industry is ripe with investors still on the crypto sidelines awaiting for a product that would grant them Bitcoin exposure without having to buy Bitcoin directly and set up a wallet. Plus as a community that's fought long and hard to have digital assets taken seriously, the crypto world is inclined to welcome the validation that the United States ETF would signal. 100%, when are we going to get that? But crypto, Bitcoin especially, is predicated on the need for an alternative financial system, one that enables the financial sovereignty, transparency, and consensus that traditional finance is glaringly lacking. The crypto industry's eagerness for an SEC ETF approval feels like a step backward akin to the American revolutionaries begging parliament to intermediate colonial tax collection and rejection of its imperial rule. And as Michael Saylor points out here in this tweet, BITO had underperformed Bitcoin by 28 % year to date. This is why we need a spot. Bitcoin ETF preach. And again, Michael Saylor says the Bitcoin price can soar to $5 million per coin just on the back of the three catalysts I mentioned earlier. And mainstream adoption is a ubiquitous goal amongst crypto champs. And the SEC sign off on a Bitcoin vehicle that resonates with trade fi is ostensibly a fast track right to it. But fighting for approval from an opaque centralized agency for an intermediated investment product belies our industry's purpose. And frankly, it's unnecessary preach. The irony of cautious investors waiting to buy Bitcoin ETF shares rather than taking the safer route of buying Bitcoin directly is palpable. ETF bears many layers of counterparty risks, including the sponsor custodian and other partners. We saw how catastrophic this type of risk can be to crypto during the latest contagion when customers lost more than $10 billion within months because they trusted third parties. Now, though the contagion appears to have dwindled, the major takeaway remains. If you don't have the private keys to your Bitcoin, your assets aren't in your control, and they may not even exist. Facts, not your keys, not your cheese fam. As we preach here on the channel, those of us who witnessed the fallout up close know this, but investors who have been waiting on the sidelines for the ETF likely do not. It is our job as industry builders and veterans to help the newcomers understand the new degree of security and risk aversion that Bitcoin technology enables. The downside of a spot Bitcoin ETF runs deeper than the conceptual contradiction of the unknowingly purchases of a riskier investment. The potential cost of the crypto movement is immense. Take, for example, BlackRock iShares Bitcoin Trust, the announcement of which drove the Bitcoin price to one -year high in June. However, perhaps blinded by the prospect of monumental institutional inflows, much of the Bitcoin community, myself included, has thrown its support behind BlackRock's iteration of TradeFi 2 .0 haphazardly disguised as Bitcoin conviction, and buried within BlackRock's submission is a clause on hard forks, which you may not know about. Quoting them here, the sponsor use is discretion to determine which network should be considered the appropriate network for the trust purposes, and in doing so may adversely affect the value of the shares. There is no guarantee that the sponsor will choose the digital asset that is ultimately the most valuable fork. The sponsor may also disagree with shareholders, the Bitcoin custodian, and other service providers, the index administrator, crypto exchanges, or other market participants on what is generally accepted as Bitcoin and should therefore be considered Bitcoin for the trust purposes, which may also adversely affect the value of the shares as a token. However, the sponsor uses the consensus mechanism for a protocol that has already been well -defined and battle -tested mechanism. So it's going to be interesting to see how this all plays out for the major institutions around the world. We know the BlackRock track record is literally 575 to one, meaning the SEC have approved 575 ETF requests, and I've only ever denied them of one. The possibility and likelihood of an ETF being approved by BlackRock I'd say is extremely high, but it takes us back to the million -dollar question, when? If I was to put a date on it, I'd say likely. Sometime in 2024, as ETF experts and analysts are currently predicting, including Eric Valchunas, says there is a 95 % chance of a spot ETF being approved in 2024, and I believe he gave it a 75 % chance of still being approved by the next deadline, which is October. Putting on my Nostradamus hat, I think Gary of the SEC are going to likely push back and punt the deadline once again until next year. But that's my two Satoshi's. Let me know your thoughts, fam, in the comments right down below. And now let's break down our final featured story of the day, and that's the BlackRock Bitcoin spot ETF unlocking literally $30 trillion of value into the crypto market cap. That's right. According to Bloomberg, ETF analyst Eric Valchunas' approval of a Bitcoin ETF could potentially be the game changer in unlocking vast reserves of capital for the crypto market. His analysis estimates that $30 trillion worth of assets controlled by the US financial advisors could be funneled into Bitcoin investments if a spot ETF green is signaled by the US SEC. So let's discuss this domino effect of BlackRock's controlling over $9 trillion in assets under management. We all know they submitted their app for the Bitcoin spot ETF last month, significantly shifting the probability landscape. According to Valchunas, the chance of a spot Bitcoin ETF approval soared from only 1 % to over 50 % following BlackRock's involvement. And as I broke it down for you, he's now saying 75 % chance this year and 95 % chance next year. And quoting him here, their application triggered a wave of similar filings by other prominent firms, such as ARK Investment, Valkyrie, and Fidelity, setting the stage for a highly competitive environment. That's right. Now, Fidelity, I believe, is the second largest asset manager in the world that currently controls over $4 trillion in assets under management. And although Bitcoin futures ETFs do exist in the US, they pale in comparison to what a spot ETF can bring to the table. So currently, these futures -based ETF accounts for only about $1 billion in total assets under management. Valchunas describes the approval of a spot Bitcoin ETF as the holy grail that would dwarf the current offerings and galvanize the crypto market like we have never seen before. So send it and let's freaking go. Also, a spot ETF would not only benefit Bitcoin, but also serve as a boost for the rest of the crypto industry, solidifying the assets class position and mainstream finance. And as they say, a rising tide raises all ships, so not only Bitcoin, but the entire crypto market would obviously benefit the approval of a Bitcoin spot. ETF stands on potentially transformative moment for the American market, with at least 10 firms currently in competition, and astronomical sums are at stake. The race is currently heating up. BlackRock haven't already partnered with Coinbase in 2022 to offer institutional clients crypto access to launching its own spot Bitcoin private trust, appearing to be at the vanguard of the financial revolution. So with trillions of dollars in play, the implications for Bitcoin and the broader crypto market are currently colossal. The clock is ticking and the world watches with bated breath as regulatory decisions loom on the horizon. So there you have it. I also want to mention, if you'd like to watch this, Eric Valchunas, the analyst from BlackRock, talking about $30 trillion entering the market upon the approval of an ETF, check the show notes below the video in the description. And I also want to talk about, off of the news, which was shared last year, that BlackRock could team up and partner with Coinbase as a custodial, we had some predictions of a $773 ,000 Bitcoin price. So I'd like to break down the math and where these numbers have come from. So quoting Invest's answers from his forecast, which he made on his channel, that Bitcoin price is going to go parabolic off of this news, quoting him here, if BlackRock were to place just a half a percent of its assets under management, Bitcoin's market cap would be affected by an increase of over a trillion dollars. This would add about $75 ,000 to the Bitcoin price. Bitcoin, which is in the $23 ,000 band at the time he made the prediction, will make its way to about $98 ,000 per coin. This is 326 % more than today's price. And it is very, very achievable. So let's talk about it more long term. So he also stated that if BlackRock stands out with an asset value of $10 trillion, put 1 % of their funds into Bitcoin, the leading crypto would be worth more than $150 ,000 per coin, quoting him again, now if they allocate a 1 % stake, which will of course take time to reach this level, that would add about $2 .1 trillion to the market cap and $150 ,000 to the Bitcoin price. And that would push Bitcoin's future price to $173 ,000 per coin. The profit for Bitcoin here is 652%. And the analysts also stated the Bitcoin can rise to as high as $773 ,000 if BlackRock allocates just a 5 % share. But on the other hand, this estimate can be considered to seem quite maximalist in the current situation. However, according to the crypto analysts, between the next three to five years, the price will be achievable at these levels, quoting him again, if as analyst Dan Tapiero said, they add 5%, which I think is very aggressive, maybe with time, maybe in the next three to five years, it will be possible. This will quite easily push the price of Bitcoin to $773 ,000 per coin in the next three to five years. So there you have it, fam. Let me know if you agree or disagree with the analysts. Do you think the approval of a spot Bitcoin ETF in the US will help usher in literally, literally $30 trillion into the market considering the current Bitcoin market cap is only $500 billion? That's roughly 60x. So if you take today's price of $26 ,000 and times that by 60x, we get above a $1 .5 million Bitcoin price. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. Thank you.
The Teachers Impact
A highlight from #69- Why Classroom Management Issues may not be your fault
"Welcome to the Teacher's Impact Podcast, or better yet known as the TIP, where teachers can come to master their craft, use their voice, and enhance student learning. This is episode 69 of the Teacher's Impact Podcast, better yet known as the TIP. I'm so excited because on today's episode, we'll be exploring how to strengthen behavioral support. I think a lot of times, as teachers, we get blamed for things that are outside of our control and sometimes we need to just sit back and reflect and see, okay, I've done the best that I could, but I'm still having some issues. What are causing those issues? Are those issues systemic issues that need to be dealt with? And after some reflecting myself, these are some of the reasons why you may be having classroom management issues. The first one is inconsistent implementation of PBIS, or Positive Behavior Intervention System. At the start of the year, everyone's excited, teachers are encouraged to prioritize classroom management. However, there's often a lack of concrete support or plans for those classroom management. And this leaves us educators feeling unsupported and overwhelmed when we encounter challenging behaviors that extend beyond what we can handle. And the thing with PBIS is that without a school -wide approach, it becomes challenging to address those issues effectively. When it comes to PBIS, follow -through is key. First, administrators need to work with teachers to design a comprehensive school -wide behavior plan, incorporating strategies to handle different types of behaviors. The other thing is regular check -ins and ongoing professional development can help reinforce these practices. Even more so, making sure that there's a support network for teachers where they can share their experiences and seek guidance. This is so important because when there's a network of support, not just the classroom teacher next door, but a network of support for teachers, things can be so much better. The second point is that it's essential not only to empower teachers, but also to train and equip support staff with the right tools to handle challenging behavior. Sometimes we might recognize that support staff does not have the necessary training and experience to handle those more -than -difficult behaviors that students exhibit, and there is no plan in place to address it. I've encountered situations where students displayed severe behavioral issues. And after exhausting my resources, I sought help from support staff. However, they often sometimes lack the necessary training to handle such difficult cases effectively. And inadequate solutions were offered to the specific problem, leaving the underlying issues addressed with that particular child. The third reason why classroom management issues may not be your fault is that students' underlying issues are sucked under the rug. It's very important to acknowledge that addressing underlying issues takes time and resources. However, when we neglect these problems, it can negatively impact the students with those behavioral challenges and also their peers. Recognizing the behavior and the possible causes can lead to a more empathetic and productive approach. Moreover, we should really encourage open communication between teachers, support staff, and administrators. This will create an environment where concerns about specific students can be raised without fear of judgment. And the without fear of judgment is a big point because sometimes teachers will not say anything because of the fear of judgment of them not having control over the classroom, feeling like they're not a good teacher because they don't have control over that particular child or control over their classroom. However, there needs to be an open line of communication with the support network so that teachers can feel supported and the actual problem can be addressed. One of the taboo reasons that sometimes does not get talked about with classroom issues that I think is important to shine a light on is the parent involvement aspect of it and the responsibility. It's unfortunate but true that sometimes parents fail to take ownership of their role in adding to the problem and sometimes a lack of self -awareness on their part allows the student's disruptive behavior to continue. And this leads teachers and students to deal with the aftermath of these challenging behaviors. So I think that working with parents, fostering a partnership between the home and school is so important for a holistic approach to addressing classroom management. When parents are actively involved and take responsibility for their child's behavior, it also adds to the support system that teachers need. And it can lead to a better understanding of why the child is behaving in the way that they're behaving and lead to more productive solutions. I also think it's crucial to think of this to have some empathy and understanding for the parents because yes, there are many challenges that they face such as socioeconomic challenges, language barriers, and cultural differences that may impede them from doing the things that we talked about before. So when we create a welcoming environment, we can encourage parents to actively participate and take responsibility for what's happening with their child at school. So these are some key takeaways from this episode of reasons why classroom management may not be your fault. The number one reason is that your school may have an inconsistent implementation of positive behavior intervention and support. There is not a school -wide effort to deal with management and behavior of all students. The second reason may be that support staff does not have the right tools to handle those challenging behaviors that you're encountering with your students. The third reason why you may be having classroom management issues that's not your fault is that students' underlying issues are swept under the rug as they move from grade level to grade level. The fourth reason why you may be having issues with classroom management is that there is a lack of parental involvement and responsibility when it comes to that child's behavior. When we look at these reasons, we can see that it's not just the classroom teacher that is responsible for classroom management. Yes, the teacher does have a big role in that aspect of it, but there are certain things that need to be taken into consideration when we're looking at classroom management as a whole and have a holistic and comprehensive approach to it. Thank you so much for listening. Don't forget to check out the website, teachersimpact .net. If you found this content helpful, please share, favorite, and rate on your favorite podcast app. It helps the show to grow, reach more teachers, and have an impact. You can email me at teachersimpacteducation at gmail dot com or follow me on Instagram at teachers impact podcast.
The Voicebot Podcast
A highlight from Generative AI News - GPT-4 LLM Moderation, CEO and Gen AI, Llama 2, Voiceflow, Anthropic, Pindrop & More - Ep 345
"This is episode 345 of the VoiceBot Podcast. It's the 28th edition of the Generative AI News Rundown. Top stories this week include GPT -4 for LLM moderation, what's really driving CEOs to adopt Generative AI, Llama 2, Amazon, VoiceFlow, Anthropic, PinDrop, and more. Welcome back to everyone in VoiceBot Nation and those of you joining us from the world of Synthetia. This is Brett Kinsella, your host of the VoiceBot Podcast. We have another episode of the Generative AI News Rundown for you. And this week, it's where Eric Schwartz and I from VoiceBot .ai break down the top news of the week. And, more importantly, we offer the story behind the story, not just the news, but the perspective. As always, you can listen here or watch on VoiceBot's YouTube channel. I think you know where to find that. I know many of you like the story links that we provide, so you can read more about the stories or curate your own list, back catalog. You can find all the links for today's stories in the podcast notes or in the Synthetia post for this week's GAIN. Hopefully, that's easy for you to find. But we also have something new for you as well. We read and write and cover many stories every week, but we read more than we actually write about or that we have time to talk about in the GAIN show. So we figured out another way for you to stay connected with the news. Several times per week, we call it GAIN daily, but it's not really every day. It's like three or four times a week. We send out the GAIN daily news brief as a LinkedIn newsletter. So each issue has five to seven story links. This is the headline and the link. They also have a data chart in there and one research paper that we think is worth reading. So it's links. We curate so you don't have to. If you'd like to sign up for that, it's on LinkedIn, but the easiest way to do it is just go to bit .ly forward slash GAIN dash newsletter. bit .ly forward slash GAIN dash newsletter. It's all over the case. Okay, let's get back to GAIN. And the top stories include how to use GPT -4 to moderate LLMs and spend even more money with OpenAI, the groups pressuring CEOs to adopt generative AI. We also have more funding news this week. That includes SK Telecom's nine -figure investment in Anthropic and how it points to a new phase of LLM competition. Voiceflow doubles users on the back of generative AI and then raises new funding and grows valuation by 50%. Interesting how that happens. DynamoFL, they announced a series A funding for a privacy -focused generative AI model. That's interesting. And our friends at OpenAI acquire Digital Studio Global Illumination. That's turned a lot of heads, confused a lot of people. We can give you a perspective on that. Also, stories from IBM and the new service with Metaslama 2, Amazon's latest generative AI feature. Google generative AI search has new features as well. The U .S. Department of Defense, Roblox, deepfake detection, and a whole lot more. Eric and I finish up by picking our generative AI winners and losers of the week. Next up, LLMs for content moderation. Why CEOs are pushing generative AI, funding, features, and a whole lot more. Let's get started. All right, folks, I'm Brett Kinsella. This is Gain, the generative AI news rundown. We do this every week, most recently at 11 a .m. Eastern time. We take about 45 minutes to an hour to talk about the latest generative AI news of the week. And we have a lot of great stories for you this week. You know, LLama's back in the headlines, a little deal with IBM. It's amazing how Meta is coming back. We'll talk a little bit about that, and particularly using open source generative AI to do it. We also have GPT -4, a suggestion from OpenAI to use it for moderation, but maybe not the type of moderation you might think initially. We have a number of new funding rounds. Anthropic, Voiceflow. We have an acquisition. We have a new kid on the block out of the West Coast, too, to talk about today. Amazon. We have Google. We have stories about deepfakes. So a lot going on today. And to break it all down, I have my colleague, Eric Schwartz with me. Hey, Eric. Hey, looking forward to hitting all these big stories. All right. Eric is the head writer at Voicebot .ai. And someone who I believe has written more stories in generative AI than anybody else in the industry, certainly in conversational AI as well. And I did notice we have over 5 ,000 stories written in Voicebot .ai. And Eric has more stories than I do these days. I think I only have around 15 to 1600 of those. So there you go. Eric is the font of wisdom, and we'll get right into this. And I think, Eric, the top story this week, or I think one of the most interesting stories of this week, and I wanted to feature it, was that OpenAI came out with this blog post that suggests that you use GPT -4 to moderate your GPT -4 -based applications or your other large language model applications. And one of the things that was very interesting about it is OpenAI generally, they put out announcements about their product. They don't generally put out announcements around some sort of best practice or technique to use their product. And I'll give you, so that's like one thing, and I think some of the other things we'll talk about this in terms of what it is and what it is not, is it has this whole little flow chart of sort of what you're doing in terms of how to think about the architecture for applying GPT -4 to moderation. And Synthetia did this helpful overlay of numbers, because otherwise, how would you figure out what's the order of operations here? I looked at it, I was like, oh, well, that's really interesting. So we broke that all down. But there was a couple of things that I was thinking about here is like what it's not. And what it is not is it is not moderating, although you could potentially moderate, it's not moderating the output of the LLM. That's not what their focus of this is. And it's not about moderating, so hallucinations or the bad things that the LLM might say. And it's also not using it to moderate social media spaces or things like that, although potentially it could be used for that. It's about moderating the inputs. And it's actually a little interesting because the video that they had describing it actually makes you think that it's about, they show this chart, which was really about moderators who were looking at things basically that have already been put up. But no, that's not what it's about. It's about this idea of training a model based on your policies, your content policies, and then scoring the prompts to see if they are acceptable use or not. And if they're not, then you would obviously come back with a message to them, we don't do that or something like it. But the first thing it needs to do is do this filtering. Is this prompt OK? Yeah, it's funny. These terms are, there are all these technical terms that are then used by the general public and sometimes they're not always the same. And I feel like, honestly, in terms of content moderation, there should be one specifically for these definitions so they can make sure that people are using the term correctly. But I think OpenAI is not wrong in terms of what the AI could do as a content moderator for these kinds of inputs. But I don't know, I question how much fine tuning would be necessary in order for it to parse the acceptable from the unacceptable when the distinction is not very obvious, when it's not very obviously something that shouldn't be going in if it's something that's on the margins. Yeah, absolutely. Shout out to Dave Gerbino, who just rolled into the YouTube livestream. I know there's a bunch of people on LinkedIn as well. Let us know if you're out there. Make comments on this as well. We'll incorporate them in the show, ask questions. All those things are welcome here at GAIN. That's why we do this live. So, yeah, I think this is really interesting. And one of the points that I brought out in the Cintidia article was that we're talking a lot about the LLM outputs. And that is actually important. And you're going to have content and policy guidelines associated with what's appropriate for the LLM to talk about. On the back end, you might want to do some analysis of that. Is this appropriate? That's in addition to the hallucination checking, which is truthfulness. We've got to think about appropriateness as well as truthfulness on the back end. And these same techniques that they're using to identify appropriateness, moderation, for the inputs, the prompts, they could use for the outputs from the LLM to make sure that it stays within the guardrails. In fact, that's essentially – or that's one of the ways the guardrails actually work. But there's less conversation about the idea of putting guardrails or moderation around the inputs. And you would think about this more in terms of like social media because user -generated content is something that needs to be moderated. Now, is that algorithmically or the human reviewers? Are there other types of automatic stops? All these techniques actually exist in the social media space. In the large language model space, generative AI space, there is this co -creation element. So the prompt is kind of like UGC. And most of the examples are like, you know, making bombs or other types of violence or things that the model doesn't want you to ask about because it doesn't want to answer about it. It's like out of scope for what they will do. So that's the idea there. But there's also this idea of security, which is going to start coming up really significantly, because there might be some things, not just like it would be uncomfortable or outside of your policy, but there might be some things that people attempt to do with prompt in order to violate security along these lines, too. So I think this is going to become a bigger issue going forward. And I'm kind of happy they did this. Oh, there's one other thing, too, I'll just throw in and I'll throw it back to you to close it out. They talk about this idea you can use GPT -4, which is like very good to train, essentially, and it creates this prediction model about whether something is in or outside of the policy guidance. But then you use that to train a smaller model, which then can be your moderator, your automated inline moderator for this identification. And why would you do that? Because, well, GPT -4 is kind of slow, but more importantly, what they're talking about is lower cost. And you want to save on all those inference costs. And these smaller models are just far cheaper to run. Yeah, that concept makes sense of having these sort of micro monitoring and then obviously with the ability to toss things up the chain as though we're a human moderation system. I think this is going to be important, but it does have that weird sort of like, speaking of security, it's like you want to make sure people aren't putting in proprietary information, but that means somehow you have to train it to spot proprietary information, which feels like a bit of a paradox. Yeah, absolutely. And somewhere I did put in, I think, one of these posts, GPT - $ instead of the number, because it is interesting, Alan Furstenberg just said, so an LLM to watch the output of the LLM. Do we need an LLM to watch the LLM that watches the output? And the answer is yes, exactly. And so isn't this amazing? We're implementing all these LLM based solutions and they have potential problems. And what's the solution? Another LLM. So always good that we're just one step ahead of these problems that people have that we're creating, but then we're solving. And it's actually all pretty benign, I think, for the most part. But I was happy to see that they did post it because we should see some more of the sharing of best practices about how to do this and recommendations. And they have an incentive to do it because this is going to be something that could be a blocker for systems going live. And if they then propose a solution to the blocker for going live, then they can get more people bringing systems live using GPT large language models and all good for them. OK, but there's another story here about adoption and adoption of large language models. And Eric, you had a story this week from some IBM data around what's going on in the enterprise. In fact, there's so much going on in the enterprise in terms of adoption. But why is that? Yeah, there's a real excitement when we see so many stories about companies being excited to employ generative AI in different ways. You know, investment rounds that seem out of proportion sometimes to the size of a company or where it's at in its product development. But yeah, there's evidence that there's just so much pressure in both the positive and potentially negative sense from all stakeholders in a company. You know, it's not just the development teams that are pushing for it. It's the boards, it's the employees, it's the investors. They all are urging company executives to look for ways to bring generative AI into business models. And, you know, the data from IBM shows that the CEOs are just as happy to start bringing in. There's 69 percent of CEOs in this study said that they see broad benefits from generative AI across their organization. every And it's source that might want to emphasize caution or slow things down, which is sometimes the case in certain industries or for certain kinds of technology. And generally speaking, all the inputs that executives get says, go ahead, keep going. Right. Exactly. And Yeah. the signals are strong. I mean, two -thirds of board members and just about two -thirds of investors, CEOs, 3 ,000 CEOs across the globe said, hey, yeah, I'm getting pressure from those two areas to implement generative AI in some way. And also interestingly, like 49 percent said that customers were pressuring them as well. And you might wonder why customers are. Well, one of the things might be features, but the other thing is cost. And I've seen that. I've actually talked to some companies who are working with generative AI today and they've already had customers ask them how much of a discount do I get now that using generative AI because they know that there's going to be some productivity gains. And that's really where this comes from. I think you have some articles coming up fairly soon about this. And this is going to be something we're going to talk a lot more about. We've been overwhelmed by the news and the news has been very important. But over the next coming weeks, we're going to be talking a lot more about market data because we're starting to see some data that actually is pretty useful because it's based on behavior, not just based on forecasts. And so forecasts are OK because they're based on assumptions and some of those can be tested. But when we start seeing behavior and we start seeing data that sort of indicates why behavior is taking place, that's going to be really interesting. So we have a lot of stuff I know that you're working on, Eric, to bring out over the next month on this front. Yeah, it's definitely some indications that this is much more than the excitement over a new fad and that this feels much more fundamentally. I mean, how good is this? CEOs are always like they always want to do these initiatives and they have to convince their board, they have to convince their investors that they're spending their money wisely. 70 percent of CEOs want to do something with generative AI because they think they're going to get some sort of great benefit out of it. And oh, by the way, all their constituencies want them to do it, too. So this is one of the things where if you think of organizational friction that can stop the adoption of new technologies, new techniques, processes, it's not there. In fact, it's like an organizational lubricant for driving adoption in this space. Yeah, and it helps that a lot of, not everything about this technology, but there are many facets of it that have an immediate impact or have very easy to grasp effects on a business. So it's not trying to convince people of some obtuse new technical thing that won't be obviously changing the business. Immediate cost savings. Yeah, and we'll have a conversation next week, I think, about some people thinking that like, oh, that this market's in trouble and all that. Like the data I'm seeing suggests it's not because people are spending money on this already. OK, so and oh, another place that people are spending money is in the generative AI funding fountain.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1381: Bitcoin Will Touch $100 Million By This Date - Fidelity
"In today's episode, I'll be breaking down the latest technical analysis, as well as breaking news. This just in, BRICs to officially abandon the US dollar for trade settlements, quitting Max Kaiser. This is what happens. The BRICs following up on Russia's big win in the Ukraine will launch a gold -backed currency. The reaction from NATO countries will be fatally panic print fiat money. Also in today's show, analysts issues a dire warning for Bitcoin and says Bitcoin price can plunge below the 2022 lows. I'll be breaking down these targets. As well as Glassnode founders predict Bitcoin will soar to new highs sooner than expected. And I'll be giving you a hint, it's a six -figure target. Send it and let's go. As well as ex -Goldman Sachs executive Raoul Pal predicts crypto hits $10 trillion valuation after family offices and institutions arrive. We'll also be discussing breaking news the Bitcoin halving can take the Bitcoin price action to $148 ,000 per coin by July 2025. According Petterra to Capital, we'll also be discussing our main story of the day and that's Fidelity, one of the largest asset managers in the world. They're predicting the Bitcoin price to touch $100 million. I'll be sharing their date as well as their latest analysis. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again that's cryptonewsalerts .net. Welcome everyone. Just tuning in. This is pod episode number 1381. I'm your host JV and today is August 24th, 2023. Checking out our market watch, which you can see here on the screen. Unfortunately, we didn't hit 27 ,000 though. We got quite close yesterday. Today we corrected back in the red with Bitcoin barely holding on to 26 ,000 as support down two and a half percent for the day. We also have Ether down two and a half percent trading at roughly $1 ,650 and checking out coinmarketcap .com, the current crypto market cap sit just above that trillion dollar milestone with roughly 30 billion in volume in the past 24 hours with a Bitcoin dominance at 48 .3 % and the Ether dominance at 18 .9%. And checking out the top 100 crypto gainers in the past 24 hours, we have Bone leading the pack, no pun intended, up 12 and a half percent trading at $1 .43, followed by Render up two and a half percent trading at $1 .46, followed by Immutable up just 1 % trading at 58 cents as virtually all the major alts are currently correcting and in the red as we can see here on Crypto Bubbles. And checking out the Crypto Greed in Fear Index, one of my favorite indicators, shows we're currently rated a 41 in fear. Yesterday was a 37, last week a 50 and last month a 50 in neutral. So there you have it. Welcome to everyone just joining us for our live stream today. I appreciate all the live support as we receive here each and every day. Without further ado, let's now break down our Bitcoin technical analysis and check out the charts and what's popping with the King Crypto in the markets after last week's massacre that brought Bitcoin from about that $29 ,000 level to $25 ,300, which is a new two month low within a single day. The asset started to show enhanced signs of stagnation. Now the next several days, including the typically less volatile weekend, were quite boring with the Bitcoin price standing at around $26 ,000, which is precisely where we're at at the time of this recording. Now the only more notable move came yesterday when Bitcoin fell by over $500 ,000, but recovered those losses almost immediately. And as such, it had calmed at around $26 ,000 before the bulls stepped in on the gas pedal and pushed it north $800, which resulted in a six day high, which sits at $26 ,800. So as of right now, Bitcoin has lost some steam, but it's still practically broke even for the day. We're down 2 .5 % at this time. And also we can see the altcoins obviously getting wrecked as well. So the altcoins suffered just as badly and even worse than Bitcoin plummeting last week, and they failed to produce any substantial gains for the following days. And I'm actually curious, which altcoins are you currently bullish on, if any? Let me know your honest thoughts in the comments right down below. And now let's actually check out this tweet from Watcher Guru, who points out just then the BRICS to officially abandon the US dollar for trade settlements. And Max Keiser wrote, this is what happens. The BRICS following up on Russia's big win in the Ukraine will launch a goldback currency. The reaction from NATO countries will be fatally panic print fiat money as that money printer continue to go. He also said that this is announcement number one, abandon the US dollar. Next they'll announce a common gold backed currency. And he quoting himself here from Najee Bokele, Nax is always right. So preach and shout out to Max Keiser and Stacey Herbert of the Kaiser report. Now how many of you have been following BRICS? We have been covering this story here on the show. Now, many nations all united together for the de -dollarization of the US dollar and introducing a new currency, which is allegedly going to be gold back. So it'll be interesting to see how all this plays out. All I know is this only keep in fiat what you're willing to lose. Take that to the bank, pun intended. Now let's break down our next story of the day and discuss new lows, which could be incoming as per crypto analysts. I'm going to be sharing some of these targets and then we'll get into some of our bullish price predictions. So I like to cover the lows as well as the highs. Here we go. Bennett tells his 111 ,000 followers on X that Bitcoin can plunge by nearly 50 % from the current price. Holy moly. Wouldn't that take us like, what, south of 13 ,000? Using a chart showing Bitcoin had fallen out of the ascending channel that it has been stuck in for about a decade, Bennett says Bitcoin could plunge to slightly below that support level of $14 ,000, acting as a strong resistance zone between 2018 and 2020. Now, I'd like to point out, as you all should know, the current low for this cycle is 15 ,700 we hit in the fourth quarter of last year. So this analyst is ultimately saying we could potentially expect a new low of $14 ,000. Let me know if you agree or disagree with the analyst, quoting him here. I posted this Bitcoin chart showing macro resistance at 29 ,000 to 33 ,000 back in March. 31 ,800 was the recent swing high. That's right. It's the annual high for this year's 31 ,800. And he goes on to share, guess what comes next? Well, according to Bennett, a Bitcoin plunge could be set off by the S &P 500 falling by double digit figures, quoting him here. What could trigger it? The SPX doing this, correcting by over a quarter of its value. It'll be interesting to see if August finishes as a bearish engulfing month. Now earlier in the month, it's also worth noting, Bennett predicted that the S &P 500 stock index would plummet if it failed to go above 4610 points reached in July. Now the 4610 level is SPX lowest relative high to the 4820 points recorded back in January of last year. Quoting the analyst again, a 27 % dump from the SPX is more than possible if this confirms as a lower high. We have already seen significant breakdowns from other indices and big names like Apple. So don't rule it out. Imagine the carnage in the crypto market if this materializes. So there you have it. Let me know if you agree or disagree with the analyst. I like to keep all scenarios open for a possibility or probability. I think it is less probable to happen than to happen. But even if there is a 10 or 15 or 20 % chance of that playing out, you should be prepared. Now with Bitcoin, it's great because when the market drops, you seize the moment. Keep stacking them stats, BTFD, DCA, dollar cost average. And when the price goes up, you just count your blessings and you're grateful that you were stacking stats during the bear market. So either way, whatever comes ahead, we're going to capitalize and continue winning because that's what we do here on Crypto News Alerts. Now let's discuss this $144 ,000 price prediction by Glassnode founder in 2024, which is right around the corner. We also have the Bitcoin halving right around the corner. So let's break this down, shall we? The co -founders of the crypto analytics firm Glassnode think Bitcoin can soar towards a new all -time high faster than many analysts and traders expect full send it. Let's go. Glassnode co -founders who share the Nijentropic Trop, whatever you pronounce that word, handle on X, predict that the US dollar index will peak at 106. The US dollar index is a measure of the value of the US dollar against a basket of six major currencies valued at 103 at this time, according to MarketWatch. Now the founders of Glassnode predict that the US dollar index hitting its peak will set the stage for the prime Bitcoin environment. Send it. A peaking US dollar index suggests that investors are starting to make their capital work and risk assets such as cryptocurrency, quoting them here. Up next, Bitcoin aiming for $37 ,000 before soaring higher in the autumn as outlined right here in this chart. I sure do hope they're right. Now the Glassnode co -founders also share a chart that projects Bitcoin will surge more than $144 ,000 per coin by early 2024. As outlined right here in this chart, you can see that top peak is hitting $144 ,000. Wouldn't you love to see that? They also go on to share that oversold indicators hint at potential short -term gains. However, keep an eye out for the risk signal plateauing at 100, suggesting a consolidation phase until the demand dynamic shift, which is outlined again here in this chart. Now with Bitcoin currently trading at 26 thou, the top ranked crypto asset is roughly 62 % down from its all -time high of more than 69 ,000, which it achieved back in November of 2021. That's right. So great time to be stacking stats at a 60 % discount, I'd say. Wouldn't you agree? Let me know. And how many of you have been doing just that and buying the dips? Holla at your boy in the live chat. Like I said, at the end of the show, we'll be reading everyone's comments out loud. Now let's talk about the latest from the ex Goldman Sachs executive, the one and only Raoul Pal. He's predicting a $10 trillion market cap. As you know, the current crypto market cap sits just above $1 trillion. So he's ultimately saying the entire crypto market is to 10x. Then we'll break down Pantera Capital's latest $148 ,000 price prediction and followed by Fidelity, one of the largest asset managers in the world, predicting the Bitcoin price to hit $100 million per coin. Then we'll dive into our live Q &A. Former Goldman Sachs exec Raoul Pal predicts that the total market cap for cryptos will soon soar to $10 trillion as institutions pour into the digital asset space. In a new interview with Binance's sales manager, the macro expert says financial institutions are likely to follow family offices, which typically take on higher than average risks into crypto investing. Quitting the analysts here, I think in this next phase, the next bull market or the next business cycle, we'll see a mass onboarding of institutions. I have seen this space before. Usually it's the family offices that are first to take the risk. And we have all seen that in this space. Many family offices were the first to invest because they are freer to do what they wanted with their own capital. As I have said, most of the institutions have done work, including the investment banks. And so now they just need price confirmation and then they'll be in. So I think we'll see a lot of that. Paul believes that institutional investment in crypto will be large enough to drive the total market cap of digital assets to more than $10 trillion. More than triple its $3 trillion market cap peak, which was hit back in 2021. Quitting him again here, the asset class at peak was $3 trillion in 2021, the same year we hit the all time high of $69 ,000, just FYI. It's almost impossible for the retail investors to continue this pace of adoption. It needs institutional capital as well, which drives out the ongoing adoption curve. So my view is still by the end of this cycle, this space is probably $10 trillion plus. And that happens because of the institutions coming into the space, offering more products to their clients. And he continues. So institutions coming into the space tends to mean that BlackRock, the world's largest asset manager, offers a product to their network of advisors. So it allows more money to come into the space via different mechanisms. An example, aggregated mechanisms of funds as opposed to individual accounts being open on Binance, for example. So there you have it. Let me know if you agree or disagree with the macro guru that were likely to see a $10 trillion crypto market cap, more than 3X the peak that we reached in 2021. Let me know in the comments below. And to watch this video he did entitled Binance VIP Voices, episode one with Raoul Pal from Real Vision. Check the show notes below the video in the description. And now for our next story of the day. And that's Pantera Capital predicting the Bitcoin price to soar above $140 ,000 in the coming times ahead. Let's break down this outlook and then we'll cover the latest from Fidelity. And their $100 million Bitcoin price prediction. Here we go. And if you'd love to see a $150 ,000 Bitcoin price for the cycle peak, let me know. In its latest blockchain letter released on August 22nd, executives at the crypto asset manager doubled down on their Bitcoin bullish price forecast for 2024 and beyond. Now the Bitcoin price performance depends heavily on its halving cycles. Pantera Capital argues with the next due within the coming 12 months. In fact, the next halving is scheduled to be in April of 2024, less than nine months. Take that. The firm is betting that historical trends shall continue. Bitcoin, it notes, tends to put in a cycle bottom and top roughly equal lengths of time from each block subsidy halving. Facts, which cuts the number of Bitcoin paid to miners per block by 50%, quoting the firm here. Bitcoin has historically bottomed 477 days prior to the halving climb leading into it and then exploded to the upside. Afterward, the post halving rallies have averaged 480 days from the halving to the peak of that next bull cycle. That same theory suggests that the 2022 bear market bottom marked the current Bitcoin price cycle bottom, quoting them here. If history were to repeat itself, the price of Bitcoin should have trough December 30th, 2022. And looking forward by the halving date in April of 2024, Bitcoin could be trading at around 35 ,000, something that is still on track to accomplish. I'd say that's quite conservative considering that's just a few more thousand from where we're currently at. However, what happens in the 480 days afterward involves not only a new all time high, but so much more. Quitting Pantera here, the 2016 halving decreased the supply of new Bitcoins, only one third as much as the first. But interestingly, it had exactly one third the price impact. The 2020 halving reduced the supply of new Bitcoins by 43 % relative to the previous halving. It had a 23 % as a big impact on price, Pantera stated. The next halving is expected to occur April 20th, 2024, roughly, what is that, eight months out. Since most Bitcoiners are now in circulation or Bitcoins, each halving will be almost exactly half as a big reduction in the new supply. If history were to repeat, the next halving would see Bitcoin rising to 35 ,000 per coin before the halving and 148 ,000 after the halving. Now, 480 days from the April 2024 halving makes Bitcoin scheduled to hit its next all time high by July of 2025. Let me know if you agree or disagree with Pantera. Now, Pantera is far from alone in predicting a six figure Bitcoin price high beyond next year. We also have optimistic forecasts, including those based on Bitcoin's so -called lowest price forward metric, which this month showed Bitcoin passing the $100 ,000 mark by 2026. And naturally, there are a lot of bullish metrics predicting six figures plus, including the stock, the flow. Others also believe that $100 ,000 is possible not before the next year's halving, but some analysts are saying we can hit $100 ,000 before the halving. So I'd love to know your thoughts. Let me know in the comments right down below. Welcome, everyone, just tuning in to the live show. Now let's break down our final breaking story of the day. And that's a $100 million price prediction per coin for Bitcoin as per Fidelity, one of the world's largest asset management companies. They control currently over $4 trillion in assets under management. The other year, they were maybe as high as $8 trillion. So you know, it fluctuates. But again, one of the largest asset managers in the world. Let's break this down, shall we? While several retail analysts have been given some crazy targets for Bitcoin, this time investment giant Fidelity has made some mind blowing predictions in its recently held very special webinar. Just FYI, this prediction was made back in September of 2021 on $100 million by the year 2035. And a few months later, he ultimately said, I think we're a little bearish. Let's raise it 10x to $1 billion per coin by the year 2038. So I'm going to be breaking both of these predictions down for you here in just a moment. Now Fidelity has been in the crypto space for a while. The financial giant has its own crypto subsidiary offering enterprise grade Bitcoin custodial services to institutions, drawing inferences through the stock to flow model by Plan B. Fidelity has put forward a $100 million price target for Bitcoin by the year 2035. And furthermore, it sees Bitcoin touching a $1 million price target in a decade's time. Bitcoin's exchange guide was the first to report about it. Shout out to the Bitcoin exchange guide. Now Jarian Timmer, director of Global Macro, was the host of the webinar, and he shared several charts helping the audience understand Bitcoin. Now, is it even a realistic expectation for Bitcoin to touch that $100 million mark? Although we have 15 years of the time horizon to touch these targets, it seems unrealistic at this point, one of the crypto analysts on Reddit noted. And furthermore, Timmer also shared charts showing the Bitcoin adoption curve based on its active address count. He also showed an interesting comparison with internet users, broadband subscriptions, as well as mobile phone users. And interestingly, the webinar put some light on the purchasing power of different asset classes. Stocks were the clear winner, followed by bonds and cash. The purchasing power of the US dollar stood the least. The yellow metal, aka physical gold, isn't even doing better at $94, whereas the inflation index has skyrocketed to $65. And after staying under pressure for the past two days, Bitcoin ends on another attempt for $50 ,000. And again, this was going all the way back to 2021. So a few months later, Jarian Timmer, head of Global Macro at Fidelity, makes another very prediction interesting that the Bitcoin price is not going to $100 million no more. It's going to a billion dollars per coin by the year 2038. So let's talk about how realistic this could be. To support his forecast, Timmer employed a combination of models and charts with a particular focus of the stock to flow model and his own demand model. These analytical tools form the foundation for his primary prediction. And you could actually see in this chart brought to you by Fidelity, the above demand model employs Metcalfe's law. And according to this, the number of its users grows linearly, a network's value or by inference, the Bitcoin price grows geometrically. This means that the utility and the adoption of Bitcoin are expected to grow more rapidly compared to its network of users, exchanges, ATMs and participating retailers. Therefore, this model predicted the Bitcoin price to reach $1 million by 2030. And let's talk about that really quick, because we also have other major, major influencers in the space, including ARK Invest's Cathy Wood, also predicting a $1 million Bitcoin price. We have Michael Saylor, we have Max Kaiser, we have Plan B of the stock to flow model, and the list goes on and on. But anyways, back to this prediction. In contrast, Timmer stock to flow supply model noted the event of significant price surges during each halving event. Consequently, when considering this model in conjunction to other factors, it foresees a price range of $1 million to $10 million for Bitcoin by the year 2030, virtually the same prediction as the stock to flow model. Timmer's demand model is more inclined towards reflecting the bottom of the Bitcoin price. But on the other hand, the stock to flow model seems to provide a better approximation for the peak of the king coin. However, it's worth noting that the disparity between these two models widened significantly beyond the year 2030. The reason behind the gap is expected to be the changing value of the dollar. Can anyone say hyperinflation coming to the USD? Timmer proposes that the value of the dollar undergoes fluctuations over time when compared to other assets. For instance, if $1 was invested in stocks during the 18th century, its present day value would be about $4 billion. That's crazy, right? And similarly, Timmer implied that if $1 million is invested today, it can grow to $1 billion in a span of 20 years. So he's virtually saying, want to become a billionaire? Just invest $1 million into Bitcoin and HODL be thy name. This further revealed that the purchasing power of the dollar has significantly reduced due to the factors like inflation as well as depreciation. Thus Timmer's statement implied that keeping a fixed amount of dollars for many years may lead to a reduced purchasing power due to the assets changing value. And I think he makes a great point as Michael Saylor called it. It's like a melting ice cube keeping fiat currency in the bank. It just makes no sense whatsoever. Now check it, over the last few years, an increasing number of companies are taking over the $1 trillion market cap mark. As a result, it is foreseeable that in the next two decades, 20 years, the concept of a trillion dollar valuation will become more common so much that individuals themselves could be worth a trillion dollars or even more. The scale of numbers may even reach the quadrillion range. I already know for a fact people like Michael Saylor and CZ, the Binance CEO, will become trillionaires. Mark my words. And despite Bitcoin's historical growth, it has recently faced a significant setback. Bitcoin's network activity had diminished. Well again, this is tracing that back. Higher network activity likely increased transaction volume. Well something I have to point out, yesterday as I covered in the show, we just reached a new difficulty adjustment, the highest it's ever been. The hash rate continues to go up and as Max Keiser commonly says, the Bitcoin price follows the hash rate. So we'll likely see how the Bitcoin price will likely play out, you know, by the time of the next halving, which again is what, eight, nine months away in 2024. And then of course, by 2030, will the Bitcoin price be a million dollars or $10 million? Will the US dollar be hyperinflated by that time? And could this be a realistic scenario by the year 2038? One bit, oh shit, one Bitcoin, but we can literally hit an insane $1 billion price value for the king crypto. So, let me know your honest thoughts in the comments right down below. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode, HODL. Actually at the end of the day, in today's show, we'll be breaking down the latest technical analysis as well as breaking news, BRICs to officially abandon the US dollar for trade settlements, Max Keiser's response. This is what happens. The BRICs following up on Russia's big win in the Ukraine will launch a gold -backed currency. The reaction from NATO countries will be to fatally panic print fiat money. We'll also be discussing analysts issuing a dire warning for Bitcoin, says Bitcoin can plunge to new 2022 lows. I'll be sharing all of his targets as well as Glassnode founders predict Bitcoin to soar to new highs. And I'll give you a hint, it's in the six -figure range. We'll also be discussing ex -Goldman Sachs executive Raul Powell predicts the crypto market to hit a $10 trillion valuation after family offices and institutions arrive. We'll also be discussing breaking news the Bitcoin halving can take the Bitcoin price action to $148 ,000 by July of 2025, according to Pantera Capital. We'll also be discussing our breaking story of the day, Fidelity expects the Bitcoin price to soar to $100 million per coin by the year 2035. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show.
Tech Path Crypto
A highlight from 1225. SEC Approving Ethereum Futures ETF Soon Ethereum + Solana Update
"All right, so let's take a look today at the Ethereum ETFs and what this may mean for the rest of the markets, including maybe a Bitcoin ETF. We'll break all that down for you guys today. I think you're going to like it. My name is Paul Vera. Welcome back to The Tech Path. Before we get started, I want to thank our sponsor, and that is iTrust Capital. If you're looking at long -term holdings, one of the things you should be doing is taking a look at a crypto IRA. Okay, one of the things you can do is you can jump into iTrust. Very simple and easy. All you have to do, click the link down below. No fees. All you do is pay fees when you're doing your trading, which you self -manage. You can also do some gold and silver in there, so it gives you a lot of flexibility. Make sure and check out our link. It does help the channel out, and you get a $100 funding reward if you decide to go that direction. All right, so let's get into a couple of things here today, and I want to talk about the Ethereum ETF. This is a futures ETF, potentially incoming, and there's a lot of them that have been put out there. I'll jump to this first story. This is basically kind of poising up what the SEC is potentially looking at, SEC poised to approve multiple ETH filings. And a couple of things here that we highlighted. Reportedly right now, greenlighting a series of applications under the futures exchange rate of funds, which will be all done concurrently. This is a big deal. Unlike 2021, when similar apps were met with directives to withdraw, the SEC refrained from instructing firms to retract their current submissions. That's a good sign for the ETF futures potential. This divergence suggests that the regulatory body is now unlikely to impede the imminent launch of these funds, simply meaning they're going to approve them. We're going to see it happen. Now remember, we already have Bitcoin futures also filed and done in the market right now, so you can go out there and actually trade that. But there's at least 16 applications right now for both ETH or Bitcoin futures. And I think this is going to be just a matter of time before we start to see this really move. Now with that being the case, there are some other aspects to this that could fall into place. When you think about this, Ethereum is the most traded crypto right now. This is a new study that was just put out. Let me kind of zoom in on a couple of points I want to hit on here for you. Here we go. ETH and USDC wallets right now consistently rank high on the list of how many tokens are held by active traders. This is just as of July 2023. Active wallets have about two -fifths of the supply of USDC and almost half all the ETH. When you look at that, they transacted at least once a month, and they're consistently exceeding Bitcoin activity during the 2021 bull run. So if you look back as to the cycle and also the impact or the incoming impact on Ethereum as a whole, again, this just plays to the benefits of where ETH is going. A lot of other things play into this. I want to go over to this quick breakdown right here. This is how NASDAQ makes money because this is important for ETFs. So let me show you something right here. This is pretty interesting. NASDAQ Market Services Agreement charges for transactions from the cash equity or the derivatives trading, right? So they're making almost a billion dollars right now, even though it's down a little bit. But the point, well, not a little bit, a lot, but it's down. The point is, is they're making a billion dollars on these fees. When you look at the most traded asset being Ethereum and you look at these types of market makers wanting to go with the most active projects in this particular case, Ethereum would be the natural potential. So this could be a factor, especially if you look at both the futures contracts, but also the potential of immediately, because once those are approved, the futures ETF for Ethereum, what would be next in your mind? What would be next? Just type it right down below. And while you're doing that, smash the like button. What would be next is that ETH would potentially have an ETF, a full blown ETF, a spot ETF put into play. If that does happen, we're going to see absolute market dynamics, I think, that we haven't seen around the Ethereum ecosystem, maybe since the pre -meta, which is when we really started to see a lot of activity in the space. Couple other aspects to this I want to hit on is ETH launched their phone, which we had the ETHOS phone orders. These all, of course, and remember, you've got two major Web3 phones now in the marketplace, obviously the e -phone and the SAGA phone, which is the Solana phone. The point is, is this one right here, pre -orders already started. This thing sold out. Here was already gone. So remember, this had kind of this combination of the physical digital component, physical side, getting a digital NFT all tied to it. But again, I don't know what the total numbers are right now for this to sell out so quickly though. Very impressive, I think, overall for sure, just in general. And again, it just shows you the interest that's happening. Now granted, part of this is just because of the ecosystem, the size of it. Ethereum's still the largest number of developers, the largest number of projects riding on that. And then also, when you look at what's happening right now with Coinbase, this has the most opportunity for seeing so many new projects kind of coming into the place. I want to play a little bit of a, well actually, I'm not going to play the video for you, but you can go back and look at our interview with the EthOS team. And we kind of looked at a couple of things within it. One thing I kind of froze in here is the idea of not only nodes, because they're talking about a kind of a light node version to run on mobile, but the point was is that they have a lot of features that are built into this phone that would only enable it to do some even more impressive things around the Eth ecosystem. So if you want to check out that video, it's the Ethereum Mobile OS Interview. Just go and check it, because it was right around the Shanghai upgrade that we did this video, so a little bit a while ago. So just go check it out, you guys can kind of get a full view of what was happening there. I want to go over to Anche Summer a little bit here in terms of how big and how much this has impacted not only Eth as a whole, but you look at the total number of minted NFTs right now, 61 million, total campaign revenue. I mean, we're talking about a significant amount of money that's flowing through what is happening over on base. So again, just very bullish for Eth as a whole, and even more so if we start to see some other aspects playing into this around an ETF, futures filing, and potentially an Ethereum ETF incoming. So lots kind of pointing in the right direction. Here's another Dune Analytics component here, just to give you guys a little bit more transactions. Obviously, you can kind of see base really exploding right there. And I look at this and I just think, my gosh, you know, this is just the beginning. Base is really just getting started. There are going to be so many projects and potentials that are going to be coming into this. Could this be the next major implication of market moves that we could see in the space? Because the last one really, if you look at the growth of what we saw in Web3, all that really was launched because of Meta's announcement back in the fall of 2021. And it's right there when we were hitting all -time highs, Bitcoin hit 69, you know where Ethereum was going. And I think that's the question mark is, what would be leading up to this next happening for Bitcoin when you think about the Ethereum camp? So definitely a lot happening in the right direction. Base's commitment to decentralization with Superchain. This is kind of a misleading headline because we all know that's not necessarily the case. But the point is, is that they're doing some things that I think will be helpful overall to the ecosystem. So they look at this. We believe that Ethereum will scale through many interoperable chains. The Superchain, the other thing, Rollups and L2s all working together to jointly scale Ethereum. I think that's a good one. I've got a clip for you. I want to play here. There was one other point here. I think it was down in there. No, no. I want to go to the clip real quick. So let's go to a clip. This is an interesting conversation between Brian Armstrong and Anatole. So listen in. I guess, how would you compare Solana and its performance benefits to Layer 2 at large? What's cool about Solana is that it can handle the load in parallel. It's not like a single -threaded runtime. So when you have a bunch of transactions for independent actions like an NFT mint, a DEX trade and a payment, it can actually process them all in parallel. If you had a Layer 2, you can have a Layer 2 on Ethereum, let's say that could do things in parallel, that layer, you don't need any more Layer 2s. You only need one Layer 2 that can do everything in parallel. And then you have one Layer 2 and one Layer 1, why don't you just fuse them together and optimize and make the system more robust? There's lots of reasons why Layer 2s may succeed. You don't strictly need Layer 2s. There's actually teams building Layer 2s on Solana. When you look at Optimism and Arbitrum, they're not yet at a stage where they have fraud proofs and full decentralization. There's still these early stage MVPs that are single node systems that have very strict control about what happens there. And to do that, they have to focus on that security part first and then figure out how to scale. And it's not clear that the complexity of both is achievable. I think it's good that we have different teams working on different blockchains. All right. So you kind of see, I won't say that Brian conceded to what Anatoly was talking about. The point, though, is very clear, and that is that Anatoly was pushing for Solana as being an opportunity here for Base. And if you think about the natural progression of really any great project and you think about a blockchain like Base, could it get to multi -chain capabilities? Maybe it could. The other thing that he hit on was this whole idea of, well, you've got to be able to have uptime. You've got to be able to have security in that element. And remember, Base is just getting started. Obviously, Optimism, Arbitrum both kind of playing into this. So if you look at this tweet right here, Arbitrum sequencer went offline. This is how bad it was. Two hours of outage followed by a one -hour outage. You wouldn't be surprised as a first time. Let's see how many times this has happened before, and then they kind of show some of the scenarios that have played into this. And this all happened just in a period of time in which we were seeing a lot of activity over on Base. So if you look at that and you think about that, then you have to kind of consider Toly's presentation there, is in the sense that maybe there's an opportunity here. So anyway, this is all good for Base because it means that we've got really advanced teams building on something that could be getting an accelerant that maybe we don't even know how large this could go in terms of the number of projects could come to it in the future. Here was just an example right here, breaking. All ecosystems are slowly losing the outage argument against Solana. Again, going back to the aspect here, and of course, remember there's the CPS comparison, the transaction cost comparison, and the decentralization comparison. Again, a lot of argument here for Solana. I don't want to sound like a Solana blob in the sense of just always talking about it, but I look at technology and I look at the advancement, and even I have had a chance to really educate myself and our team on understanding what's really happening here. And it's like any technology, things change, projects shift, and breakthroughs come through. And when those things start to happen, you start to see the aha moments. And these are some of the aha moments that we are starting to see right now around what's happening with Ethereum and obviously Solana itself. But you can kind of take a look here. Active addresses right here on transactions by chain. Again, lots happening right here around Arbitrum and Optimism. But when Arbitrum started to slide, Optimism kind of took over. And obviously, OP is where we are right now. So think about that. Here's another just quick chart just to show you the amount of impact this is having on Ethereum overall. This is just the weekly Ethereum gas spent right now on the L2s. Then you can kind of look here around some of the projects that it's starting to get into.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1373: BlackRock Bitcoin ETF Will Send Bitcoin to $180K by THIS Date
"In today's show, I'll be breaking down the latest technical analysis, as well as Bitcoin speculators are now saying that at least 69 ,000 all time high in play. But right now is the least amount owned by hodlers. We have to keep this in mind. We're also going to be discussing Max Kaiser's Congress speech about disarming the banksters along with their financial weapons of mass destruction, as well as Bitcoin friendly El Salvador sees bonds return soar to 70 percent thus far this year. In twenty twenty three, we're also going to be discussing a crypto analyst who forecast the big Bitcoin price move to forty thousand. I'll be breaking down his timeline, as well as rich dad Robert Kiyosaki doubles down on his hundred thousand dollar Bitcoin price call and says he shares a common enemy with BTC, quoting him right here, Bitcoin to one hundred thousand dollars, saying for years gold and silver is God's money. Bitcoin is the people's money. Bad news. If the stock and bond markets crash, gold and silver will skyrocket. The worst news is if the economy crashes Bitcoin to a million dollars, gold to seventy five thousand and silver to sixty thousand savers of fake US are F debt is too high. Mom, pop and kids are in trouble. I hope I'm wrong. Please take care. We're also going to be discussing breaking news. Fundstrats Thomas Lee on live TV, quoting him here. If the spot Bitcoin ETF gets approved, the clearing price of Bitcoin is one hundred and fifty to one hundred eighty thousand dollars. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my rumble channel at Cryptonewsalerts .net. Again, that's Cryptonewsalerts .net and welcome y 'all just tuning in. This is Pod episode number thirteen hundred and seventy three. This is August 16th, twenty twenty three. I'm your host, JV. We do have lots to cover. So let's dive in with our market watch for the day. As you can see here in your screen, got Bitcoin price maintaining that critical twenty nine thousand dollars support while ether also correcting but maintaining and holding on to eighteen hundred dollars and checking out coin market cap dot com. The current crypto market cap sits at just one point one five trillion with thirty one billion in volume at the past twenty four hours. Bitcoin dominance back on the rise at forty nine point two percent, with the ether dominance at 19 percent even and checking out the top one hundred crypto gainers for the past twenty four hours. Bone Shiba swap up 13 percent trading at a dollar fifty four, followed by say up eleven percent trading at 19 cents, followed by rocket pool up three percent trading just under twenty seven dollars and checking out next. As you can see here on your screen, we have crypto bubbles. We can see the top gainers for the past week. Bone leading the pack, pun intended, up fifteen percent, but massive losses for the overall altcoin market and checking out the crypto greed and fear index, which you can see here. We're currently rated at fifty two, which is neutral. Yesterday, a fifty three last week, a fifty neutral and last month, a fifty four, which is neutral. And welcome to those just joining us in today's live stream. So much to cover. Next up, we're going to dive into our Bitcoin technical analysis. Check out some of the charts, as well as some interesting facts with some hodlers as well. Bitcoin speculators are leading a period of exhaustion and apathy across the market. In the latest edition of the weekly newsletter, the week on chain analytics firm Glassnode wrote about waning conviction about Bitcoin's short term hodlers. Now, where are my long term hodlers at? Make some noise. And after several months of stagnant Bitcoin price action, frustration amongst market participants has led to predictions of deeper downside to come. The bulls remain unable to break the resistance, while the sellers likewise face multiple support zones in the form of trend lines between the current twenty nine thousand and twenty five thousand dollar levels. And amongst these is the short term hodler cost basis, or better known as the realized price. Short term hodlers are defined by Glassnode as entities hodling coins for one hundred and fifty five days or less and correspond to the more speculative end of the Bitcoin spectrum. investor Now, the short term hodler cost basis has function as support throughout twenty twenty three, but is rapidly rising and currently sits at twenty eight thousand six hundred dollars. Now, by contrast, the long term hodler cost basis reflects the aggregate purchase price of the most stubborn hodlers and thus far lower at twenty thousand three hundred. Quitting Glassnode, the separation between these two cost basis is an indicator that many recent buyers have a relatively equated acquisition price and continuing, researchers describe the market as being potentially top heavy with even a modest Bitcoin price come down now apt to send the short term hodler cohort back into the red. Quoting Glassnode again, on the macro scale, the supply distribution does resemble similar periods during the bear market recoveries of the past. However, a shorter time frame, it could be argued to be slightly top heavy market with many price sensitive investors at risk of falling into unrealized losses. Now, despite this, it appears that speculators have already started to reconsider their market exposure. Let me know if you have or if you're continuing to stack stats as you should. Quoting them here, we note that the supply held by the long term hodlers continues to increase, hitting an all time high of fourteen point six million BTC. So in direct contrast, short term hodler supply declined to multiyear lows at two point five six million BTC the week on chain added. So overall, this suggests that conviction of Bitcoin investors does remain impressively high and few are willing to liquidate their holdings. Are you one of them? Let me know in the comments right down below. Now, the last time the short term hodlers had such little market presence was in October of twenty twenty one, just before the all time high of sixty nine thousand dollars. And it is very interesting as we see the short term hodlers continue to sell and the long term hodlers continue to stack stats as they should. I say the smart money are the whales and the long term hodlers. Would you agree? Let me know your honest opinion. Let me know your honest thoughts in the comments right down below. And now let's discuss our next story of the day. And that's Max Keiser's rant when he spoke in Congress back in January of two thousand and nine, talking about disarming the bankers and their financial weapons, a mass destruction, a very powerful speech given by Max. If you've got to hear this, let me know. I posted and transcribed it on what was formerly known as Twitter, now known as X this morning, quoting Max Keiser. This is an important day as we review the situation with respect to disarming bankers. After the first Great Depression, Congress passed the Glass -Steagall Act. The purpose of the resolution was to disarm bankers as well as brokers. Now, never again would they be allowed to destroy the global financial system. I'm here to warn you that they have, in fact, rearm themselves with a deadly toxic debt instrument known as a derivative. I asked for this session today to support the core assessment made by FAME investor Warren Buffett. He said derivatives are financial weapons of mass destruction and that have apparently been devised by madmen. These instruments pose a mega catastrophic risk. Ladies and gentlemen, don't wait for the mushroom cloud of bad debts to explode over our financial system. Let's disarm the bankers before it's too late. Very powerful words coming from Max Keiser. And again, this is circa January of two thousand and nine, right around the time of the Bitcoin Genesis block, which was released after the 2008 financial crisis. And lo and behold, you can consider him a prophet because everything he was talking about is exactly what's been going on. Financial terrorism as it continues as the central bankers of the world continue to print money until the wheels fall off. Massive shout out to Max Keiser and Stacey Herbert. As you know, I'm huge fans of them both via the Kaiser report as they were the first one to cover Bitcoin with international coverage back when it was trading between a dollar to ten dollars. This is going all the way back in 2011, so literally was at 14 or 13 years ago. So much respect to the high priest of Bitcoin. And with that being shared, fam, now let's discuss our next story of the day. Now that we covered Max versus the banksters and that is El Salvador and their success with their bonds, which have been released as returns soar to 70 percent thus far this year. Check it out. El Salvador, which adopted Bitcoin as the legal tender back in 2021, has seen its dollar bound outperform the majority of the emerging markets with a 70 percent return thus far this year. The massive rally of the bond has now drawn interest from several institutional giants, which include JPMorgan Chase. Take that tapeworm Jamie Dimon, as well as Eaton Vance and PGIM Fix, promoting President Najib Okele to say, I told you so. Now, apart from the institutional giants, the likes of Lord and EBIT and also Neuberger German or I'm sorry, Berman Group LLC and UBS Group AG have also added debt security since April, according to Bloomberg. And also, Paolo, the chief technology officer of Bitfinex, told Cointelegraph that the performance of El Salvador bonds is a clear signal that the investors are supportive of the financial policies of the El Salvadoran government and demonstrates the renewed interest in investing in the El Salvador story while adding the following as the first company to receive a digital asset license, we are seeing significant interest in digital asset issuance and renewable energy investments, which the country has in abundance and is being used for Bitcoin mining and to provide more energy for the country's electrical grid. Now, the growing demand of El Salvador's debt security in 2023 is a quite contrast to its performance a couple of years ago when it first adopted Bitcoin as the legal tender. That's right. They've come a long way. The Bitcoin adoption created uncertainty amongst investors who bet against the country's bonds with several financial agencies, casting a shadow of doubt on the country's financial future. In February of 2022, the American Credit Agency agency Fitch lowered the country's long term issuer default rating from a B minus to CCC, inciting policy uncertainty in the Bitcoin adoption, along with an eight hundred million dollar debt payment due for January of twenty twenty three. Now, keep in mind, El Salvador did pay that eight hundred million dollar debt in full within the due maturing time to start off the year, raising confidence in the country's bonds yet again. And the president, Bukele, at the time noted that they had proven every finance pundit wrong, who doubted whether they would be able to pay their debts in a time after Bitcoin adoption, quoting Bukele here. He actually shared this in January of twenty twenty three in the past year. Almost every legacy international news outlet said that because of our Bitcoin bet, El Salvador was going to default on its debt by January of twenty twenty three, since we had an eight hundred million dollar bond maturing today, literally hundreds of articles. Never forget that. Now, the rise in confidence of investors is visible from the bonds performance throughout the year. And during the same time, El Salvador also passed a landmark crypto bill paving the way for the infamous Bitcoin backed volcano bonds. Let's freaking go. Now, El Salvador and its president have been at the receiving end of criticism every single day since they first adopted Bitcoin in September of twenty twenty one as legal tender, along with the United States dollar financial pundits predicted that the Bitcoin adoption will further strain El Salvador's financial conditions. However, to the contrary, within two years, the debt security of the state has become a hot cake amongst institutional giants, the same that once advised against buying it. So I'll say it for Bukele. I told you so. So there you have it. Let's go El Salvador mass adoption. Bring it. In which country do you think will likely be next to adopt Bitcoin as a legal tender and follow in the footsteps of Bukele and El Salvador? Let me know your honest thoughts in the comments right down below. Now, let's discuss a forty thousand dollar Bitcoin price prediction, as well as a timeline, which I'm going to be sharing with you right here. If you think Bitcoin is likely to hit this forty thousand target, let me know. Now, while he followed analyst Pizzino is bullish on Bitcoin as the flagship crypto asset trades in a narrow range for the past few days or we could say for the past few weeks in a new video, he tells his three hundred thousand YouTube subs the Bitcoin can climb by over 40 percent from the current level between now and September of twenty twenty four. Considering September is only two weeks away, that would be pretty enticing winning it. The crypto analyst says that his upside target of forty two thousand is the range midpoint or the 50 percent level between the Bitcoin all time high of sixty nine thousand and Bitcoin's twenty twenty two low of around fifteen five. Quitting him here, it is possible that we see a test of forty two thousand happen within the period between now and September of twenty twenty four. So in basically twelve, thirteen months, a test of the 50 percent level of forty two thousand two hundred and then a retreat. Do you think we're likely to rise on up to that forty thousand mark? Let me know. And after appreciating to over forty thousand Bitcoin could thereafter correct either mildly or substantially, according to the analyst quoting him again, it could be a small retreat like back here, June to August of twenty sixteen, where it tested seven hundred and then came back to five hundred. Or it could be a deep retreat where it tested all the way up to fourteen thousand in June of twenty nineteen, when the 50 percent level was only eleven thousand five hundred. And then it came all the way back down to four thousand in March of twenty twenty, thanks to no vid. And to watch this video with the analyst predicting Bitcoin can rise to one hundred and sixty one thousand, check the show notes below the video in the description. And please do let me know if you agree or disagree with the crypto analyst. And now let's discuss our next story of the day, and that's the one hundred thousand dollar Bitcoin price prediction from Rich Dad author Robert Kiyosaki. In fact, he even claims that Bitcoin can now go to a million dollars. So let's break this down and then we'll dive into our feature story of the day with the BlackRock ETF, which can send the Bitcoin price parabolic over six hundred percent, surpassing a whopping price target of one hundred and eighty thousand dollars. But first, Robert Kiyosaki, he stands behind his call that the Bitcoin price will put a new all time high and run all the way up to one hundred thousand. Let me know if you agree or disagree with the author. Now, Kiyosaki refers to Bitcoin as the people's money very commonly and says that those who save in U .S. dollars are likely screwed. And that was the nice way of putting it. Reading his tweet here, Bitcoin to one hundred thousand dollars, saying for years gold and silver is God's money. Bitcoin is the people's money preach bad news if the stocks and bond market crash gold and silver to skyrocket the worst news if the economy crashes Bitcoin to a million dollars. Now, that doesn't sound like so such bad news to me. That would be extremely brilliant news for the Bitcoin price to go to a million. But I understand an economy crash is not good. But he continues gold to seventy five thousand and silver to sixty thousand. I do not see those precious metals rising like that, especially considering they're controlled by the central bankers and the cartels have been controlling precious metal markets for a very long time. But nonetheless, I digress. He continues, savers of fake U .S. dollars are effed. Debt is too high. Mom, pops and kids are in trouble. And I hope I am wrong, but please take care. I mean, very bold words coming from Kiyosaki. Also, in an interview he did with Stansberry Research's Daniela Cambone, he warned up the idea of Bitcoin as he has lost all trust in institutions running the country, quitting him here. I like Bitcoin because we have an enemy in common breach. It's called the federal government breach, the Treasury and the Fed and Wall Street breach. I don't trust them. If you trust them, save dollars and get yourself a nice bond. I do not trust those guys. How many can relate with Rich Dad earlier in the year? Kiyosaki also predicted Bitcoin would eventually skyrocket to one hundred thousand per coin, highlighting that the king crypto does not need the intervention of the government to sustain its value. So there you have it. Come in directly from Rich Dad. Let me know if you agree or disagree with the Rich Dad, Poor Dad author. And with that being shared, now let's dive into our featured story of the day. That's everything surrounding the BlackRock ETF, a spot Bitcoin ETF being approved in the United States. Tom Lee was just recently interviewed and says he believes it will automatically send the Bitcoin price somewhere between one hundred and fifty and one hundred and eighty thousand dollars. So let's break this down, shall we? And here this is on this interview. I also already transcribed it for your benefit here. And I'm going to start reading so we don't have to play that sound clip because it's copyrighted. Anyways, he's asked, I always like hearing your price targets. Because you are always so fearless. When are you or where are you on Bitcoin by the end of next year? Let's say. And he responded, well, it's a spot Bitcoin gets approved, referring to the spot Bitcoin ETF. I think the demand will be greater than the daily supply of Bitcoin. So the clearing price, which is done by Sean Farrell, who is our crypto digital strategist, is over one hundred and fifty thousand dollars. In fact, it could even be one hundred and eighty thousand per Bitcoin. And then when asked, that's only if the spot ETF gets approved. Tom Lee responded, yes, a spot US because a spot Bitcoin ETF is approved already outside the US, which is a fact. And then asked, but if it's not approved, then are we just lingering at around twenty nine thousand in which he responded? There is still upside cast because of the halving next year. So you'll have a drop in supply again. And so the clearing price has to increase, but it won't be six figures. So he's ultimately saying the approval of the spot Bitcoin ETF, regardless if it's BlackRock or any of the others, such as Fidelity or ARK Invest, 21 shares, etc., will absolutely send the Bitcoin price to a minimal of one hundred and fifty thousand. And that target could even be as high as one hundred and eighty thousand. But he's also saying in the same token, if Gary Gensler and the SEC does not approve it by the time of the halving, do not expect a six figure Bitcoin price, but expect the price to go up because of the drop in supply as well as the gain and demand. I think the analyst makes a very great point. Now, he was also interviewed a few weeks ago and he discussed this price action occurring within nine months. So I wanted to give you that time frame because the Bitcoin ETF is scheduled to be released sometime. Not the ETF, but the halving is scheduled to be in April of twenty twenty four. So anyways, here's what he had to share in this interview. Current Bitcoin market is in balance with twenty five million in daily block rewards and twenty five million in daily demand, incremental ETF demand. Sean Farrell, their analyst, believes that twenty five billion dollars of demand is possible within the first year. So this is how they come to these numbers. This is one hundred million dollars in daily demand. This would bring the daily demand to one hundred and twenty five million while the daily supply is only twenty five million. So the implied equilibrium price would need to rise so that the daily supply matches the daily demand. Equilibrium analysis suggests that a clearing price is one hundred and forty to one hundred and eighty thousand per Bitcoin before the April twenty twenty four halving. Now, if you'd like to see that come to fruition, make some noise in the live chat. Now he continues. Generally, this idea of higher equilibrium price is consistent. Sean Farrell estimates that the flow multiplier for Bitcoin is four to five X and on the odds of a spot Bitcoin ETF finally getting approved in the United States after numerous rejections of the past year. Here's what we had to share. Bitcoin ETF could finally get approved. Sean Farrell sees the BlackRock effect, making it this far more likely today. Now, BlackRock, we all know, is the world's largest asset manager, and they say they have roughly 10 trillion or more in assets under management. So there you have it. Very bullish predictions coming from Tom Lee and on regards to this BlackRock ETF being approved. But I'd love to know your thoughts. Do you think that the BlackRock Bitcoin ETF will be approved within the next nine months before the Bitcoin halving scheduled to be in April of twenty twenty four? Let me know why or why not. And I'm going to start reading all of your comments out loud. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
The Bitboy Crypto Podcast
A highlight from MASSIVE ADA FUD Will Cardano Survive?
"Yeah, I love me some Ada, but dude is like a bit like Calculon from Futurama with the dramatic pause. No, this is gas. I'm burpee. Burpee here, folks. That's all. 2 ,900 % price increase if history repeats itself. I think they're talking about going from what, like $0 .02 to $3, I think. Okay, so talking about, yeah, when they trade between $0 .10 and $0 .02 days for $665 before seeing basically a 3 ,000 % price surge. I don't think we're going to get a 3 ,000 % price surge, though. I think we might get, I think we get a 10x from here for, I don't want to say for sure, but you know, I think we get above $3 for Cardano. Chat, tell me your Cardano top prediction. I think we've talked about it before. You're coming in at what, $7 or so? Well, at $7 this year, so at $7, it would have to hit, I'm pulling it up right now, so it'd have to hit a $250 billion market cap as the market sits right now. Yeah, and it'd be a little bit more tokens released. There are inflation rates, 4 -ish, 5 -ish percent. And around $250 billion is where Ethereum sits right now. So it's not really out of the question for Cardano to, you know, 24x, in my opinion, from right now. It kind of looks the same as what it did last cycle. It sat flat. A lot of people thought it was gone when it was sitting at $0 .02 and it had previously hit $1 .20, you know, and then it came back and ripped face off. It hit a new higher high. So I mean, it's nothing that I'm going to be missing in the next bull market. And that's one of the ones that's on kind of my list of what I might be aping into. It's just a matter of if we're going to hit that $25 spot or not on Bitcoin. But Cardano and then a litany of other... $7 .32, $8 .76, $4 .50, $7 -10, $10, $10, $3, $4 .69, lucky number seven. Okay, $0 .22. Someone's going the wrong direction. And $280 billion market cap. All right. But there's a little bit of also bullish news here with Cardano, part of the firm. There have been back to back weeks with over $67 billion in Cardano transaction volume. This is the highest level since September of 2021. Anytime I see a metric that is measured in some sort of not round number like $67 billion, it makes me think of when you're watching Sports Center and they're like this national league pitcher, when he pitches on a Tuesday and it's raining and they're west of the Mississippi and his opponent's name starts with the letter M, he has a $5 and you're like, what's even real at this point? Like, are we just crafting narratives? And so, you know, if you move it to $68 billion, probably different. I don't know why they didn't choose $69 billion or $60 billion or $70 billion. And so, you know, although it's pretty good, we haven't seen volume like this in years, September 21. So let's talk about Chucky though. Chucky, he likes to Falcon. He likes to go in deep sea excursions for meteorites. And I think he's going to be a rare Evo. Shout out to the rare Evo team. We're going to, it used to be rare Bloom. We're going to be at rare Evo. We're going to do a live ATB episode. I know Ben's going to shoot some content out there from, we're going to be out at the podcast booth. So yeah, shout out to all the people in Denver. I'm going to Meow Wolf and Casa Bonita. Oh, you are going to Casa. What'd you get the lottery? Did you, did they accept you into the lottery? So that's no longer a thing. That was like, just what they did, like a limited open and then they they've reopened since. Okay. And so that was for the limited time. Okay. All right, Charles, they're actually about to like open up for lunch and stuff or yeah, they're expanding Casa Bonita. I've never been. It's amazing. I'm looking forward to it. Everything that it's, we did rewatch the South Park episode. It was pretty funny. All right. Charles Hoskinson reacts to criticism. Cardano is here to stay. Let's see, as it happens, he addressed the attacks on Cardano, particularly the proclamations of its death or relevance or failure by the venture capital coins, crypto media, or the maxi crowd telling them Cardano is here to stay in his ex post shared yesterday.
The Podcast On Podcasting
A highlight from Ep358: One Reason Your Show Isn't Growing: Thermometer vs. Thermostat
"Be that proactive influencer, be that proactive business owner, be the proactive podcaster, where you can set the energy, the level, the heat, the temperature that you want this to be, and those around you will fall into place. Most hosts never achieve the results they hoped for. They're falling short on listenership and monetization, meaning their message isn't being heard and their show ends up costing them money. This podcast was created to help you grow your listenership and make money while you're at it. Get ready to take notes. Here's your host, Adam Adams. Hey podcaster, it's your host, Adam A. Adams and AAA. And I'm joining you today on this episode, just with an idea thought where actually I stole the idea. I robbed the idea. No, don't remember where I saw it, but it was on some social, either maybe IG or possibly TikTok or Facebook. Those are the three. IG and Facebook are the ones that I use the most. So it's probably in one of those places. But it came across this quote. It basically just said, be the thermostat, not the thermometer. I thought it was an interesting idea and I wanted to process it with you. I wanted to think through it with you and consider if this can benefit you in your podcasting journey or benefit you for your business, for your company. And hopefully both of them, your podcast and your company, hopefully those go hand in hand. So one is more like the funnel, the top of the funnel that's going to get people to check you out. So first, I guess we've got to at least define a thermometer and a thermostat because a lot of people think that they're the same thing. I would say there are a good handful of people that I've met that don't know the difference between a thermometer and a thermostat. So since that's the case, I'm going to assume you don't. And you might be like, oh, obviously I know this. That's okay. I'm going to assume for a second that you don't because a different listener might not know. And so I'm going to explain it a little bit. A thermometer, a thermo meter, it meters it. It basically takes a snapshot of where are we. It doesn't affect the actual temperature gauge. It doesn't do anything but tell you what is the temperature. So when you were young and sick, your parent or guardian may have put a thermometer, a thermo meter under your tongue. And it metered, basically said, what is your temperature? If you're in the US, that might've been 98 .6 degrees, 99, 100, 101, 2, 3, 4, or 5. And we know that it's a real fever when it's above, I think it's 101 .8 or something. Now that's a real fever. And the thermometer, the thermo meter literally only tells you what is the temperature. It reads the temperature. It doesn't affect the temperature at all. A thermostat is a little bit different. A thermostat are generally the things that we put on our walls. And we say, I want my house to be 69 degrees Fahrenheit, or I want my house to be 18 degrees Celsius. And you set the thermostat. And in many cases, if it gets too hot, the air conditioning or the swamp cooler will kick on and it will cool the place. And in some cases, if it gets below the temperature, if you wanted it at 69 or 70 degrees and it's getting below that, maybe the heat's going to kick on. So the difference is when you're the thermostat, you're dictating what is the temperature going to be. When you're the thermometer, you're just telling what it is. One is more proactive. And so be that proactive influencer, be that proactive business owner, be the proactive podcaster, where you can set the energy, the level, the heat, the temperature that you want this to be. And those around you will fall into place versus you just pointing out, oh, it's hot. Oh, it's too cold. It's making me think of Goldilocks. And this one is just right. It'll be just right if you are the thermostat and you're affecting the change. If you're just reading the change, then you're going to sound more like a complainer. You're going to sound more like somebody who is helpless to make anything happen. And you're not helpless. So be the thermostat, not the thermometer. And I'll see you on the next episode. You're not alone. If you're ready to either get your very first affordable microphone, or if you're ready to upgrade your equipment to some legit podcasting studio equipment, because on all of the forums over the last few months, I'm seeing this all the time. Even my own personal clients that work with my team, they're ready to get that next microphone. They're asking us for it. Additionally, when I'm on discovery calls with potential clients, they're always asking for this stuff. Hey, what mic do you recommend? Hey, what lighting do you recommend? What we did? My whole team has put together a PDF so that if you're one of those people who is looking to either get your very first affordable microphone, or if you're ready to upgrade your equipment to more professional podcast studio equipment, whether it's soundproofing or whatever, we've got you covered by going to growyourshow .com forward slash PDF, and you can download the PDF for free or right there on the webpage is everything that you would have and you don't need to download the PDF. Either way, just go to growyourshow .com forward slash PDF, which will put you to the podcasting equipment that me and my team have personally vetted. I'll see you on the next episode. Bye.
Bitcoin Audible
A highlight from Guys Take_069 - But It's Just Digital Points...
"Have you ever tried to explain Bitcoin to someone and you get the response that it has no intrinsic value, that it's just a bunch of digital points and so it's not real money like the dollar? Well if you ever wondered how to frame the answer to that challenge, this is the episode for you. This will be the first in the guys take FUD busting series. It's just digital points. The best in Bitcoin made audible. I am Guy Swan and this is Bitcoin Audible. What is up guys, welcome back to Bitcoin Audible. I am Guy Swan, the guy who has read more about Bitcoin than anybody else you know. Don't forget to check out AI Unchained, our other podcast. We had a really phenomenal conversation with Dhruv and I've actually got a piece I'm going to be reading this week that I think is really fascinating and I finally have my, or at least all the pieces of the AI machine are together, but I've got a DRAM light on the motherboard so not something's right and I'm not sure what it is. I didn't think I needed to flash the bios, but maybe that's what I have to do now. Which means I need to take all this stuff back off of it, I'm not happy about it, but it is what it is, but the AI machine is at least in a troubleshooting phase and closer to being completed. So stay tuned there, there should be some really fun stuff to update on that one. But today, we are diving into our first of the FUD series and this was largely inspired by a conversation I had while we were traveling with just a stranger, a barista, I was getting coffee and essentially the response was, and we talked for quite some time, we talked for But her perspective, I just could not seem to get past her idea that it was just digital points, that it was all just kind of meaningless, but Bitcoin would be, sure, that could be a good option, but it all just seemed so arbitrary to her and I wanted to, I feel like I didn't really have the time to set it in and I probably didn't, it wasn't until afterward that I realized the direction I took, I didn't know until after her responses that I was kind of going in the wrong direction from her perspective, or at least one that wouldn't really enlighten the situation at all. So I decided it was time to do a FUD series, take the large claims, the predominant claims against Bitcoin and basically break them down. And we are starting today with our first in the series with It's Just Digital Points. This show is brought to you by Fold and the Fold debit card. This is a fiat debit card, a normal banking debit card, except that it's not normal because it pays you Bitcoin to use fiat. I get 1 % back base on every single thing that I do, plus a ton of spins and literally just the other day I hit 100 ,000 sats on a spin, I shit you not, one of my free spins of the day got me 100 ,000 sats. Then for tons of major merchants, Amazon, Uber, Airbnb, DoorDash, there are even higher rewards, 7 % back, 2 .5 % back, 3 % back. I use the gift cards religiously through the app for a lot of purchases that I do. This is such an easy, low barrier way to stack tons of extra sats that you don't even have to pay for. And you can buy Bitcoin directly in the app. Check them out at BitcoinAudible .com slash fold. Now another way to get Bitcoin really easily is to sell your services, your products, request donations, do fundraisers, to plug Bitcoin into your online life. You have a skill, you have a hobby, you have an online store, Nodeless .io is the simplest way to set this up. In fact, I was just working with someone the other day that just kind of made it clear how important I think a product like this is. She was having trouble setting up BTC pay server on her own node, and which she still has and should use in all other contexts. But setting up online integration is just not an easy thing, and BTC pay server, if you're technical, is a wonderful tool. But when I suggested Nodeless, and that it's just a 1 % fee, and she can just plug this stuff in, she can make a paywall in literally seconds, and that this will forward straight to her cold storage, and there's no KYC, the reaction was literally, oh my god, yes, let's just do that. And as someone who does use BTC pay server, and can, and is very technically literate, I still use Nodeless, because it's just, it just works. There's no channel management, you can get your own lightning address through Nodeless, and it just automatically forwards all the payments to you. Check them out at my link, BitcoinAudible .com slash Nodeless. And lastly, your cold storage. You gotta get a cold card. That's where Nodeless is going to automatically send anything that you make online, or anything in your fundraiser, anything like that, and it's where you're going to withdraw your fold sets. Because you want to know that they are yours, that they are secure, that they are on a safe, easily accessible, low attack vector device. It isn't busy doing 100 other things, or trying to appease a million shitcoins, it is Bitcoin only, and it just does its job. They have a very long -standing product and place in the Bitcoin ecosystem, and a highly trusted reputation, and you can get 9 % off with code BitcoinAudible all one word. Go to BitcoinAudible .com slash coldcard, and all the links and details for all of this stuff are right in the show notes. All right, so what do we say? How do we address the concern from the no -coiner or the pre -coiner that it is just digital points? Or maybe it's good to start that conversation with, you've never used anything but digital points. That's exactly what fiat is. In fact, if we're specifically saying it's arbitrary or it's empty digital points, that's a far better description of fiat than it is Bitcoin. There is no physical dollar, and I don't mean it like there's not a piece of cotton paper, but that the piece of cotton paper is just to carry around proof of digital point. But your dollar isn't backed by anything. You don't redeem it for anything. You can't redeem it for anything. There's no gold in the vault somewhere that's waiting for your dollar to come get it to make sure that your dollar is always worth what it was worth yesterday. And if you go ask for redemption and you want something other than the dollar, there's not like a law or there's no contract anywhere for any reason that says that you're going to get like four bricks out of the White House or something if they don't pay you some other way. You're not going to get shit. If somebody doesn't, if the owners and the printers of the dollar bill don't want to pay you, in fact, just the opposite, the printers of the dollar bill are you are paying them. You are working for the money and they are printing the money. They are getting the stuff that you make for free because you work for the tokens, the empty digital points that they issue and give to you in exchange for them. You make a bunch of sandwiches, you make a bunch of food. They eat it and they print money. They do nothing. So while you put food into the economy, they take it out and they put nothing back in. They just create a bunch of empty digital points out of thin air so that you will work, so that you will pay them because the tokens aren't the value. The tokens are just a reflection of the value. There are means to communicate that value, but the value is the food. You know, if somebody said, would you rather have a million dollars and never be able to eat again or would you just not be able to use money and have an infinite supply of food? You would take the food because you're just going to die if you have a million dollars and you can't eat. A million dollars is only valuable because you can get food with it, because you can buy a house, you can buy a car, you have access to energy because all of the things you actually want exchangeable are for the tokens. Which means that the fact that it's a token, that it's a digital point is completely irrelevant because all of its digital points, even go back to gold from the 1600s, we were still just using digital tokens that were redeemed for gold or not digital. We were using analog. We were using virtual. Virtual is the better term. Virtual just means it's in place of. Digital is specifically referring to zeros and ones, and obviously a gold token, a gold note is virtual gold, like it's redeemed for gold, so it's working in place of it. It's a fake version of it that is intended to be used for the real thing, but it is obviously not zeros and ones. But literally that started 500 years ago. And understand when somebody says that the United States dollar is backed by the full faith and credit of the United States government, that doesn't mean anything. All that means is that you will pay for it. It doesn't mean that Congress is going to get together and build a bunch of houses that they're like literally going to put on some gloves and they're going to go out and they're going to make a bunch of programs and do a bunch of stuff. No, it just means they're going to steal it from you. Saying it's backed by the full faith and credit of the United States is like saying the dollar is backed by the fact that you will have to work for it, even if you don't want to work for it. So it would be like if a slave on a plantation has tokens that the plantation itself issues, it creates, and the slave says, oh, well, no, this, I can, I can buy a shirt, I can, I can get cotton to make shirts for this token, therefore it's valuable. But the plantation itself doesn't have like a capital stock of cotton. They don't have like a bunch of savings. In fact, just the opposite. The plantation owes astronomical amounts of cotton that haven't been picked yet. Well then to say that the token is backed by the full faith and credit of the plantation just means that the slave is going to continue to be forced to pick cotton and that if they pick more cotton, well then the token will be able to get them some cotton. But they are the ones who picked the cotton. The plantation didn't back anything. They just picked their own cotton. The plantation took a giant haircut and you paid for the plantation's debt and then the token paid, the token allowed you to keep whatever cotton was left over. The full faith and credit of the United States government doesn't mean shit. And if they in debt themselves to trillions and to the hundreds, tens to hundreds of trillions of dollars, which they're going to do, they basically already have the unfunded liabilities are astronomical. The full faith and credit of the United States is nothing. It's literally worth negative because it means that you're, you're holding onto their liability. That not only do you have to do those, the exact work you need to pay, are you the only one doing the work for the value that you get, but you're paying for their debt on top of it. It's the credit. Their credit is not good. Their credit is a negative. Their credit is something that you owe them. So I cannot stress this enough. Backed by the full faith and credit of the United States literally only means that you are going to work off their debt and you might get a pittance that is left over. Now it may seem like for a pretty long time, at least a few decades, that you're getting it for free because you can just keep nurturing the debt and you can just keep growing the debt and not actually pay it off. You can just hold onto the balance. But that literally only works as long as you have capital stock to deplete. So if the plantation had a bunch of cotton, like saved up, like in like a giant cotton bin, well, then they could keep running debts and they could just keep lowering the amount of capital stock that they had until the bin runs out. But then the gig is up, then you have nothing. And that's what we've done. That's what the United States has done. They've gutted their manufacturing because they just keep printing money and they keep issuing debt. What has happened is that rather than building up and growing the economy and actually having money that reflects the actual economic activity, what we've done with the money is we've dismantled and sold off our tools. We've dismantled and sold off our manufacturing. We've exported all of the products that we purchase and we've become this service economy. And people say, it's like, oh, that's a modern economy. No, it's not a modern economy. It's an economy that has been gutted of all of its real value through a debt and money printing scheme. I'm sorry, but services are simply on top of the physical things. Like if you don't have a house, if you don't have electricity, if you don't have running water and you don't have food, then your Netflix is meaningless. So if you sell off all those other things, you sell off the manufacturing base and you sell off the production of your own goods, then your services are worth jack when it comes to the point that they're not selling the goods to you anymore for the tokens of your credit promises. So that's a really lengthy way to say it is all just digital points and all you have ever used are empty digital points. The real question is what is the integrity of the point system? Think about it like a game. If you wanted to determine who the greatest chess player is, what do you do? You hold tournaments and you have players play each other over and over and over and over again. And you take the winners and then you set them against each other and they play a bunch of games and then the person who wins the most games plays someone else and then they play etc. etc. until you're left with one person. But why does that work? Because the points you get actually have something to do with whether or not you won the game.
Cloud Security Podcast by Google
A highlight from EP134 How to Prioritize UX and Security in the Cloud: UX as a Security Capability
"Hi there, welcome to Cloud Security Podcast by Google. Thanks for joining us today. Your hosts here are myself, Timothy Peacock, the Senior Product Manager for Threat Detection here at Google Cloud, and Anton Chubakin, a reformed analyst and senior staff in Google Cloud's Office of the CISO. You can find and subscribe to this podcast wherever you get your podcasts, as well as at our website, cloud .google .com slash podcasts. If you enjoy our content and want it delivered to you piping hot every Monday, please do hit that subscribe button. You can follow the show, argue with your hosts and the rest of the Cloud Security Podcast listeners on LinkedIn. Anton, I am delighted about today's episode because it's one of those ones where we had high expectations, and then I think it really just kicked into a special gear throughout the course of the recording. It felt great. It did feel great, and I can tell you that my impression is that we'll have a solid episode, but we actually have a magically good episode as a result. So the result is just like that much better. And it's also a topic that kind of maybe not doesn't trigger people, but it's a topic that confuses and befuddles people in the industry, right? Cloud security, security. Yeah. And we have somebody who really knows how to make it come to life. And I think for maybe the more cynical listeners we have, you might look at the episode title and go, that doesn't exist in my industry. And this episode is maybe designed as balm for those people to talk about. No, it really should. And we're really trying, and this is how we're thinking about that problem. So perhaps with that intro listeners, let's turn things over to today's guest. I'm delighted to introduce today's guest today. We are joined by Steph Hay, director of UX for Google Cloud Security. Steph, first off, thank you so much for joining us today. I'm delighted to have you here because I work with your team all the time. And I think of the PMs in cloud security. I may be one of the more UX oriented ones. It's important to me, and I think it's important, but for a lot of people, UX and security kind of go together like peanut butter and pickles, and they just don't get it. So maybe, could you, could you tell us about the importance of UX in security? You bet. Pickles and peanut butter, is that what you said? Not a good combination. It's the opposite of peanut butter and chocolate. That's his metaphor of the day. No. Anyway, I mean, it was a big reason why I got into security in the first place, having been on the receiving end of working for a company that was doing its very best and experienced a data breach. And just sort of in, you know, a split second realizing that a usability challenge where like a thousand notifications went off at the same time and no human could parse through those thousand notifications. And by then the perpetrator had already been in and out. Well, that seemed like a usability challenge for sure. And so that was sort of one moment for me. But there are just countless moments of, you know, somebody really trying their best and having a hard time understanding something both presents a really good obstacle for a bad guy. But also, there are a lot of good guys who are trying to make security, make more secure outcomes for their organizations. They're having a hard time doing it without the right tooling design for them. So that's why I think UX and security are more like peanut butter and jelly, Tim. They should be where you can make security understandable and usable and still also have the right hurdles for the bad actors who are trying to exploit it. And that's the security challenge that I think we all face. So to sort of pick on the theme, I think that the whole uneasy relationship, I'm not going to go to the peanut butter and pickles, frankly. I don't know. This to me sounds a little as my four year old would say, yucky. But idea the is that there's an uneasy relationship. And sometimes it feels like bad or inferior or bad UX is almost like a security problem. Because in your scenario, when there are many alerts, they're produced and shown in such a way that a human cannot comprehend them. Ultimately, the UX designer is almost like a guilty party in the breach, almost like the almost a little far. Oh, I'm pushing the little far. But like, what's your take on this? How can we, like, if bad UX is problematic from security point of view, why aren't we in security don't pay more attention to it? Well, I think we are. I mean, there's a reason why I'm here for sure. But generally speaking, I think it's actually bigger than security. Generally, enterprise tooling has not gotten the same TLC from a user experience perspective as consumer facing products. And I think that's, you know, having seen this in multiple different contexts. One of the opportunities for user experience as an industry is to come into what are the operational tooling that practitioners need to do their jobs every single day. Security is one of them. But you can imagine, like, you know, workflow management for anything that is highly complex. When you think about doing something like that, where I might not actually be the end user every single day, versus something like another music sharing service, or, you know, whatever that I might actually use every single day, my job as a designer is actually much harder. So it's harder, I think, to attract and retain UX practitioners in spaces where they're not the everyday end user, and they're not actually practicing, in this case, security. So the opportunity, I think, which we're obviously exploring here in Google, is to bring the right UX thinking and do the right research with end users, in our case, what are the stock admins doing, what are the stock engineers doing to try to get their jobs done and to focus on their jobs to be done and to enable them through better tooling, is in the enterprise space, I think it's newer, sort of elevate user experience as a primary part of the development process. And certainly for UX practitioners to be working in that space, it's a little bit newer, at least in a critical mass where you've got UX design and research and writing and prototyping and like the same kind of full stack design team that you would have for a consumer facing app that's been doing it for 30 years. There's something in there. Consumers, I'm going to talk over Tim this time, I'm sorry, Tim, I insist, because you said something that I've been trying to have us use more, and us in this case means Google, because you pointed out that in some consumer facing app, we do amazing amount of that. And it really pays off. But in enterprise slash securities areas, we haven't until recently. So it's kind of a reason why our consumer, Google's consumer kind of focus originally is a strength, not a weakness. Because our UX is in fact superior and should withstand the testing by billions if it's a consumer facing app. Well, and that's why I also think like we see startups in the security space in particular who have been investing in their user experience right from the jump, because they can actually differentiate by taking a more consumer centric approach. Whereas maybe for, you know, others, us included in several areas, we focus more on the developer who might not actually even be using a UI, we might be looking for the person who's going to be integrating at the API level, not thinking about what the end user experience is going to be for the practitioner who's new, you know, two years down the road, and that got us up and running, but it's not good enough anymore to compete with those startups. I'm really interested in something else you said there, and I'll accept Anton talking over me, it's allowed to happen sometimes. You talked about motivating UX people, and the motivation here, but you also talked about your motivation of getting into this around being present when a data breach happened and the challenges there. How important is like mission orientation in the people that you're hiring and retaining and making successful in these roles? How do you get UX people who could work on an app that's used by billions versus work on apps that are used by thousands? Yeah, it's a great question, a daily challenge, and everybody's different. Okay, so our mission is to make security understandable, so we can deliver peace of mind to customers worldwide. And speaking, generally for like I shared my example, right, but for the way the world is moving to the cloud, everyone at the end of the day is going to benefit, and especially the UXers on our team, who are at the sort of forefront of designing these experiences, everyone is going to benefit from having more secure organizations in the cloud, everyone. And that's not a hard sell, when you are flying every day, your healthcare companies, your governments, like all of these organizations that have your data, want to protect your data. And our team, our collective cross -functional team, are at the forefront of designing the tooling to fortify that data and yet make it accessible to the right people, so that they can do a better job of fortifying it as the sort of cybersecurity landscape continues to face new challenges every day. So what is your story? Like, why did you come here? Everybody's is different, right? But at the end of the day, if you are not actually motivated to secure the world's data, and by saying that like your own, it's probably not a long -term gig for you. That actually makes sense. And I think to me, this is probably a good test, right? For people coming in, do they have that part of the story? But let me try to go into the devil advocate mode a little bit. And of course, sometimes here at Google Cloud, we have people who express the view that security should be invisible. And sometimes when that's naively heard, that means there's no UX, because there's no X, you don't interact, you don't have an experience, it's invisible, so you're magically secure. And of course, we can do this for like hard drive encryption, or some other areas where things are magically secure. And that's all there is to it. There's no UX. But how do you kind of harmonize the desire for invisible security with the desire for superior UX? So say mistakes don't happen. So what are the intersections here? Yeah, it's such a great question, Anton. Thank you. I wrote that question. I wrote that. Tim wrote this question. So that's very good. Thank you for catching. There's a sort of basic trust and need for control that's at the heart of that reaction, I think, right? I don't trust that anybody except me as a security engineer who's been doing this, let's say for 20 years, knows this environment as well as I do, I have to sort of verify everything. I don't want a system doing it on its own. No way. Right? So like the controls and the trust have to be, the affordance has to be obvious in the user experience. And so I do think we should be taking away some of the toil that keeps that person from focusing on the more specialized, complex tasks that they're really trained to do. And so when I think about invisible security, I think, how far can we move the toil? How much toil can we remove from the manual experience that the security practitioners are used to doing but still enable them to retain their control? And so we might say, hey, we think that you should, like let's take some of our Gen AI capabilities, right? We think that you should do this and this based on this. We're making it really transparent why we're making that recommendation. That's also to boost trust. Do you want this to happen? Yes or no? That little bit of a UX construct there, which we're all used to in life, is going to do two things. One, it's going to enable that end user to retain control. And two, it's going to teach us whether or not our recommendation was right and whether that person actually took that action, which would help us make better recommendations, by the way. So I think we have to get that lifecycle, that feedback loop really crisp, so that we can actually bake more security into controls into the the applications that folks are using every single day. So from my side, I'm happy that you're not just building chatbots. I think that I think that people who over over over -indulged on the chatbots a little bit, and I've met some of them and I think that, yeah, okay, you're smiling. So that's good. By the way, that past life though, like early conversational AI work in a regulated company, that was another thing that taught me about the importance of data privacy and how to go about ensuring that somebody's sessions are retained. But maybe, you know, in a case of a voice -based experience that you're not saying things out loud without getting particular sort of permissions from the end user, because in fact, that might be a data privacy issue. If a voice -based object is saying things like, I don't know, your cash balance or something like that, right, in a banking app, sort of in a scenario. But anyway, so I am a big fan of chatbots. So Anton, I'm like, I'm just saying that not all security should be done in there probably, that's for sure. I love that because, well, who hasn't made fun of Google for building yet another chat app and what PM and UX pair at Google has not aspired to do it themselves. I want to shift gears a little bit and talk, if we could, about your time at Google and maybe what you've seen happen here. You've been here two and a half years now, and I bet you've seen a lot of design reviews. Can you think of one, like the best single UX change you've seen that would improve security outcomes? I think it's easy for us in security to think about, oh, what will sell, what will do this, but actually changing security outcomes is hard. Have you seen a UX change that really moves that needle for you? Oh yeah, and this is a big hat tip to a former guest that you had, I think, Vandy, original UX researcher switched to PM. On my team now. Pickled to a peanut butter, I guess, I don't know. That's right. Yeah, our IAM recommender is one example where, in context, people don't want to be over -permissioned, but at the end of the day, if they're trying to unblock somebody, they have this really bad habit of giving somebody more permissions than they really deserve or need. And something like IAM recommender, which analyzes the last 30 days of your activity and suggests which things might be over -permissioned, actually drove about 43 % fewer over -grants. The average is 69 % of folks. So this is for folks in context of their experience going to IAM. There's lots of opportunities to integrate those IAM recommendations throughout the experience where folks might not be having to go to IAM to see that. And that's been a big change in the way that that team has been integrating that service throughout GCP so that we can actually get to more of a least privileged state by default. That's one example. Another one, though, I'm just going to throw on there, too, is reCAPTCHA Enterprise. The experience onboarding itself was a little onerous at first, and they just made some changes to that because people didn't even know that they hadn't fully installed reCAPTCHA and weren't getting the full benefits of that sort of broad capability on their site. So some changes to the onboarding experience combined with some simple email updates. No, this wasn't the grand change of an entire experience. There's a small micro -moments using some of the user data at our disposal and introducing great user experience in the context of what they're trying to get done, which improves their security outcomes. So we've seen a big jump in the number of people who've actually finished the full install and are now actually getting protected by reCAPTCHA Enterprise. How's that? Two? Those are great examples. I only asked for one. So extra credit and double extra credit for calling out Vandy, who's among my favorite colleagues on the SCC team. Yeah, okay, good. Nice. And I think that I love the reCAPTCHA recommender example because it's also felt like it does this kind of AI magic in a very kind of non -annoying, helpful manner. And that means that, I mean, obviously I'm very far from a UX designer, but I felt like a UX designer captured the essence of what they're trying to solve. Yeah. Because it's like helpful, but not annoying. Not like, yeah, I'm not going to give any examples from our project, but they're likely done elsewhere. No, it's such a good example because I was talking to a very secure user just last week, and they were describing this kind of like security paradise. You know, they've got this control, they've got this system, they've got this operating model. And then they described some particular challenge, and I'm like, well, why is that hard? Why can't you just not give them the permission to do that? And after describing this beautiful universe, they said, oh, well, every engineer in our org has a project owner. Wow. And I was like, how does that fit with the rest of your model? And they explained why it did, because velocity is very important to them. But it was so funny to see a user go from like A +, A +, A +, to, wait a minute, hang on? Yeah, not exactly zero trust, or maybe a culture of full trust. I don't know. But, I mean, this is really the crux, back to this question about invisible security, too, but this is the crux of user experience design, which is to understand the intent of what somebody is trying to achieve, their job to be done, and to infuse in context of that particular workflow the right thing at the right time, the thing that is contextually relevant to them, that tells them before they make the choice what's about to happen so they understand the implication of that choice, and they can make that choice more confidently, and quite frankly, I think, in the enterprise design space, there has been more of a focus on UI than user experience. As long as I have a dashboard, as long as I have a dropdown, as long as I have a button, I'm good. And that's not what we experience from the consumer applications, which are designed around workflows, and that's why I think our opportunity and what we've been doing more and more is designing for workflows, for these jobs to be done, end to end, instead of sort of point UIs. I hate to jump in and ask this question. Steph, what's the difference in UI and UX for the people following along at home? Because I think I know, but you just said they're different, and I would love to know how you see them as different. I know we don't have 30 minutes to cover that, just real quick. Don't worry about it. This is some of the nuance probably in the UX community, but user experience, you want to think about something like the services, the blueprint of the workflow that you go through when you're trying to get a job done. The UIs are the mechanisms. User interface are the mechanisms by which you might actually go through that workflow. And so user experience should think about, and user experience research as well, what are all of the touch points that may or may not actually require me to be in, let's say, a dashboard. Maybe it's in my email, maybe it's my alert, maybe there's actually no UI here, but that's part of the user experience. Oh, so, wait, wait, wait. Let's see. If I don't have UI because I access system over API, I still have UX. You do. Haha. So in that sense, that's the answer, right? Like, oh yeah, I'm going to use CLI, which means not UI, right? That's right. That's right. So the user experience, and it's not to say a UI engineer wouldn't do this too, but the roles can be interchangeable, as you said too. PMs can do this too, right? But generally, what are the front and back of house expectations of the touch points? We might call them a journey, we might call them a job to be done, that somebody should traverse through, which may include, for example, an API or CLI, not just a GUI. When we say UI, I think we generally think of GUI, though, graphical user. So I want to latch on, though, this actually makes sense, and I think it was helpful. So I guess, especially for the security audience, right? Because who may not know, you may assume it's the same, right? I want to clarify something for Steph and our listeners. I guess this was helpful. This was actually quite helpful. Thank you for sharing. Was it a compliment? Excellent. This is actually really helpful. That was a compliment. It's a translation thing. Yeah, the actual word always throws me off a little bit. I've worked with Anton a long time. Now I'm happy to be the Anton whisperer. Got it. Thank you. That was a compliment. So we are doing a little bit of Anton psychotherapy on the air, and I think that's not exactly the best use case podcast, for the but to latch on to something that Steph said, and it was the jobs to be done. So I guess I do work for Cesar, so I'm not involved with product as much. But once I was dragged into the product discussion and there was a lot of JTBD things there, and I had to kind of learn, teach myself what that is. And when I was learning this new approach for jobs to be done, I kind of kept thinking, well, it's kind of mostly about use cases, but can you explain jobs to be done as an approach and maybe explain how it helps? And Tim, who wrote this question as well, has a really good side question for this, which I will ask kind of on his behalf. It's like, if you use this approach, what gets better? Yeah. Like if we adopt JTBD, what gets better? Yeah. So I've had a lot of success using the jobs to be done approach after Anthony Olweck and a whole host of people published this in the first place as a framework. So I would just encourage everybody to check out. It's an industry framework with lots of smart people having contributed to it. But what I found is that, generally speaking, well, two things. One is, and I even said this earlier and kicked myself a little bit for doing it, but when we think about user experience, I have found in my career that people say, what's the end -to -end experience, which sort of suggests that there's a start and a stop. And I think, first of all, in user experience, that's a bit of a false construct. User experiences are largely endless, at least when we're talking about somebody moving throughout their day. So how do you design a system that can sort of pick up and drop off and pick up again and drop off versus this idea of start and stop finite? And that's where something like jobs to be done is very helpful, is because it considers that there's this ultimate motivation that somebody has to do and that certain technologies come out to support that motivation over time and that those technologies get better and better. And that people will not adopt you if you are actually not providing the service for them as they're going throughout their day that supports them best. So as an example, to take it way back, originally, the only way to get from point A to point B was with your feet, and then there were like horses, and then somebody invented the wheel. And this is sort of the advancement of technology, right, and then it got to be like cars and bikes and cars and airplanes. And generally speaking, all of these advancements help somebody get from point A to point B, and we have the same sort of construct where photography is another example. I used to need to, you know, put a drape over my head and have a tripod on like a giant thing and like hold a thing up and it would like create smoke and that was how I took pictures and you had to sit still for 20 minutes or something like that and now we just walk around with, you know, phones in our pocket and those have cameras on them. These are the kinds of things that are, the jobs to be done have not changed at all. I need to get from point A to point B or I want to capture this memory, but the technology has. And it can shift user expectations. I think we have the same thing with security and back to this idea of invisible security, right, like the job to be done for an on -prem environment to secure that versus a cloud environment, that I still want to, it hasn't changed, I want to secure my organization, but the technology has changed and it has shifted the context by which I'm now going to execute that job and that's going to continue to advance. So jobs to be done, that was a very long explanation that I hope you'll edit out a bunch of. Not at all. Is a framework that keeps that sort of intent that life just continues to move on and on and it's a start and stop and new technology will come out, but my job doesn't really change. And that's a little different than something when I think about like how we might normally do software development where we have, I think, sometimes an over -focus on the UI. Well, somebody needs to be able to filter that thing. It's like, great, you don't need an entire user research team to do that, but why are they trying to filter that thing anyway and like are they only trying to filter that thing because we put that thing in front of them in the first place? What are they actually trying to get done? That has to be done keeps bringing us back to that ultimate motivation that enables us to design better user experiences for real humans. Okay, actually that did answer my narrow sub -question of that, namely the difference between that and the use case. So to me it became very clear that it's not like the filter would have a use case. Filter in the UI would have a use case, but the fact that filter is there and people use it in furtherance of some goal is part of the job to be done and the job may be whatever that is. And that that goal is somewhat invariant with respect to technology or change over time. You got it. You got it. It's completely agnostic. My goal is completely agnostic of the technology and I'm going to hire whatever technology is best to help me achieve that goal. So we better be good at creating technology if we want to win over and over again. I really like that answer. Steph, I hate to do this, but we're at the point in the show where I have to ask our traditional closing questions. First, do you have one tip for our audience to help them improve their maybe security UX journey other than check out all those awesome jobs to be done resources we're going to put in the show notes? And two, again, accepting that, do you have recommended reading? Yeah, I do think that jobs to be done, I have kind of the same answer to both of those questions, but I do think jobs to be done is a foundational way to improve any experience but the security experience especially and, of course, hire GCP. Why wouldn't you hire GCP for your security journey? I love that. I think we've gotten about 140 episodes in, listeners, without anybody saying that so directly, but we'll take it. Okay, cool. I'm glad I could break the ice. Steph, thank you so much for joining us today. Thank you for having me. Appreciate it. And now we are at time. Thank you very much for listening and, of course, for subscribing. You can find this podcast at Google Podcasts, Apple Podcasts, Spotify, or wherever else you get your podcasts. Also, you can find us at our website, cloud .withgoogle .com slash cloudsecurity slash podcast. Please subscribe so that you don't miss episodes. You can follow us on Twitter, twitter .com slash cloudsecpodcast. Your hosts are also on Twitter at Anton underscore Chiwaki and N underscore Tim Pico. Tweet at us, email us, argue with us, and if you like or hate what we hear, we can invite you to the next episode. See you on the next Cloud Security Podcast episode.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1367: YouTube Exposed Attacking Bitcoin Content Creators!
"In today's show, we're gonna be discussing the latest technical analysis, as well as breaking news. Joe Rogan says, no effing way in regards to the US government, CBDCs, and the rollout. We'll also be discussing the SEC likely to approve several spot ETFs sparking the next Bitcoin rally. We'll also be discussing digital assets could be on the verge of the most incredible bull market ever says crypto analysts. That's right, we're talking about invest answers. Also, Bitcoin to explode by over 130 % before the end of this year predicts the one and only credible crypto, quoting him here, 100 ,000 plus is what I'm expecting for the end of the move that breaks the prior all time high. It'll come a few months after we break the all time high. And if we break the all time high this year, that can mean $100 ,000 plus this year or early next. Also in today's show, we'll be discussing Bitcoin content creators such as myself being banned from YouTube and everything you need to know. The good news is I'm officially reinstated, but we'll be discussing why this is in the first place. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my rumble channel at cryptonewsalerts .net. Again, that's cryptonewsalerts .net. And welcome everyone just joining us. This is pod episode number 1 ,367. I'm your fearless host JV. Let's kick off today's show with our market watch. As you can see here in the screen, Bitcoin currently correcting, but barely. We're trading above 29 ,400. Also ETH maintaining a $1 ,800 support as well. And checking out coinmarketcap .com. The current crypto market cap sits at 1 .17 trillion with about 27 billion in volume in the past 24 hours with the Bitcoin dominance at 48 .8 % and the Ether dominance at 18 .9%. And checking out the top 100 crypto gainers for the past 24 hours, XDC leading the pack up 12%, trading at 7 cents, followed by Rocketpool up 6 % trading above 28 bucks, followed by ThorChain up roughly 6 % trading just above a dollar. And checking out the top 100 crypto gainers for the past week. We also have XDC and let's see, RPL and SHIB lead in the pack and checking out the crypto greed and fear index. We're currently rated at 53, which is neutral. Yesterday was a 50, last week a 52 and last month a 57 in greed. So there you have it. Now let's dive into today's Bitcoin technical analysis and check out the charts and what is popping with the King crypto. And let me know in the comments how many of you took advantage of the recent dip sub 30 ,000. Holla at your boy in the comments and at the end of the show, I'll be reading everyone's comments out loud. So here we go. Bitcoin hovered near 29 .5 on August 10th as the markets brace for fresh US CPI print. As we can see here in the Bitcoin one hour candle chart, we have data from Coin Telegraph as well as from Trading View showing Bitcoin price stabilizing in the run up to the CPI release itself, which is a classic volatility catalyst. CPI is one of the key elements of the Fed when deciding interest rate policy. Last month's June readout was the lowest in two years with expectations broadly pointing to another drop for July quoting analysts van de Poppe, 3 .3 % are the expectations, but we are going to get it. And what will the markets do? Great question. Now JP Morgan Chase was among those warnings for a reacceleration into CPI values, quoting them here. The major uncertainty concerns two issues that were previously seen as unlikely to undermine the July numbers, which is the direct and indirect price pass -throughs of the recent increase in energy and food prices and the relative stubbornness of service inflation. Now with CPI today, I think Bitcoin and crypto are going to give us some fun and games, but ultimately I am slightly biased to more downside quoting this analyst Mark Cullen with Bitcoin reentering the range and failing to hold 29 .5 yesterday. If it can't immediately get back above and hold, I will compound my short. So there you have it. Nonetheless, market expectations regarding the rate hikes themselves favored a pause for the next FOMC meeting, which is scheduled next month for September. And according to the CME groups FedWatch tool, the odds of that pause were above 85 % at the time of this article being published and monitoring resource material indicators presented liquidity conditions on the Binance order book. These revealed the potential for snap downside thanks to a lack of bids support immediately below the current spot price, quoting him here, not speculating on what the CPI and job reports are going to look like in the morning at 8 .30 Eastern. We know those numbers will impact the soft landing narrative and the September Fed rate hike decision. What matters between now and then is where the liquidity is stacked and where it is thin. He also says that the price can move quickly through the dark illiquid zones because there is little or no friction, but to the contrary, the more liquidity there is around the buy -sell walls, the more insulated those levels are as outlined here in this chart. Let me know if you agree or disagree with the crypto analysts. Now, how many of you watched the Joe Rogan podcast? As you know, it is the most viewed or watched or listened or streamed podcast in the world, which we all know. He recently had a guest on Post Malone and he was bashing CBDCs, which I'm proud to hear him discussing. So let's break this down next. As we all know, central bank digital currencies are the destruction and enslavement to mankind, to say the least, so good stuff. Podcaster Joe Rogan blasted the idea of the US central bank digital currency, describing a digital dollar as a game over scenario for American citizens in the August 8th episode. He went on to share with Post Malone that no F in way, no way. That's what I think. I think that's checkmate. That is game over. Rogan spelled out the scenario where the tyrannical government could tie the flow of CBDCs to one social credit score, saying that citizens could easily be cut off for their finances for breaking the rules, quoting him here from the show. If they decide somehow or another that you need some social credit score system and it's for the benefit of society, and they outlined that, they can track your behavior and your tweets and all of your things. They just decided you effed up and the rules are the rules, he said. And to watch this clip coming directly from Joe, I'll include this in the show notes below the video in the description for you to reference and check it out. Now Post Malone also mentioned his concerns with the banking system in the US, noting that the FDIC insurance only covers bank account values of up to a quarter million dollars. The pair also discussed the controversial decision by the Canadian government to freeze the bank accounts associated with the Freedom Convoy truckers in February of last year. So very good conversations. Malone argued that the US government has far too much control over the flow of everyday people's finances and that they could potentially cut off funding to anyone at a moment's notice. It echoes similar sentiments from avid supporters of decentralized cryptocurrencies, such as Bitcoin, which we preach each and every day, seven days a week here. You know what I mean? Now meanwhile, discussions around CBDCs have become a talking point in the US. In July, Republican presidential candidate and Florida governor DeSantis swore to ban CBDCs in the US if elected president. And on the other side of the fence, we had Democrat candidate Kennedy Jr. criticizing CBDCs for being instruments of control and instead promised to back the US dollar with hard assets, including Bitcoin, if he were elected president. So there you have it. What are your thoughts surrounding this warning coming directly from the biggest podcaster in the world on CBDCs? Let me know your thoughts in the comments right down below. And keep in mind that Bitcoin is the antidote. Now, Max Keiser says, I orange -pilled Tucker Carlson, so I could also orange -pill Joe Rogan. I say, let's make it happen. How many of you would love to see Max Keiser be featured on the Joe Rogan podcast, orange -pilling him and the rest of the world? Let us know in the comments. And maybe if we get a lot of feedback, we can make it happen. I hope so. I'm a huge fan of Max, shout out to Max and Stacey Herbert. And with that being shared, fam, now let's discuss the potential of many spot Bitcoin ETFs being approved simultaneously in the US. According to ARK Invest's Cathy Wood, we all know that BlackRock, they launched their application for the spot ETF, and then like a dozen of others did the same thing. And this could be like a domino effect. This is good. We call this Bitcoin game theory here in the crypto sphere. So let's break this down. And how many of you would be looking forward to a spot Bitcoin ETF? Let me know. Now, the US SEC is likely to approve several spot Bitcoin ETFs, and quick succession triggered the next move to a higher, the world's largest digital currency, crypto service provider Matrixport said. In a report on Thursday, the ETF providers would spend considerable marketing expenses to draw on retail and institutional capital. Now Matrixport noted that at its peak, the Grayscale Bitcoin Trust, we know as GBTC, managed $43 .5 billion in assets and generated annual management fees of 870 million. That's no joke. The SEC will respond to the Grayscale GBTC lawsuit filing, as well as ARK21 shares Bitcoin ETF refiling next week. The regulator is expected to respond to seven other Bitcoin ETF filings during the first week of September. Let's go, quitting them here. A physical Bitcoin ETF will carry a management fee of 0 .071%, which could still bring in 200 million per annual for those ETF providers with marketing expenses front loaded The note also said that any SEC spot ETF approval could have a material positive impact on the Bitcoin price and investors should have enough upside exposure on any day that the regulator is scheduled to respond to the ETF apps. So keep that in mind. Now, if the SEC needs more time to assess the practibility and surveillance sharing agreements, then the price may correct initially in mid September. And this is the dip to buy, the report added. So there you have it. We all know there's literally trillions upon trillions of dollars currently sitting on the sidelines that could immediately move into the King crypto. Once that approval, it is game on. And as I shared in yesterday's episode on the pod, we talked about Novogratz predicts that the spot Bitcoin ETF will likely get approved by the SEC within the next four to six months, which means it will front run the Bitcoin having scheduled in less than nine months, which is gonna be sometime in April of 2024. If that gets you excited, let me know and drop a comment right down below. And with that being shared fam, now let's discuss our next story of the day. And that's a huge bull market. Who's not excited about that? So yeah, according to InVest Answers, one of my favorite podcast hosts, the analyst says that catalysts for the next massive bull run include top US crypto giant Coinbase's newly launched base and Ethereum layer two scaling solution, as well as PayPal's new stable coin, which is PayPal USD. Quoting InVest Answers here, you got the combination of base from Coinbase, TradeFi, and you could argue centralized exchange, and you got the PayPal stuff happening, deploying on Ethereum. Things are really getting exciting, ladies and gentlemen. This could be the most incredible bull market ever. Also like to throw out there that Charlie Schrem, as I shared in two episodes ago, he is predicting that this PayPal stable coins can send the Bitcoin price action to literally a quarter million dollars per coin, a lot faster than anticipated. If you agree with Charlie Schrem, also let me know your thoughts in the comments below. Now, InVest Answers also says that Solana just hit a golden cross a couple of days ago and shot up 10%. In fact, it's up probably another big percentage today. And what's going on with Solana thing? I think it's up another 7 % today. It shot up to a dollar 50, but the golden cross do matter. You don't want to get into a short position after a golden cross because 60 to 80 % of the time, the price goes down after a golden cross. And that's when the 50 day moving average crosses through the 200 day moving average. And to watch this video analysis called Blockchain Domination by InVest Answers, check the show notes below the video in the description. Now let's break down our next story of the day coming from Credible Crypto and his prediction of $100 ,000 Bitcoin price can come a lot sooner than anticipated. We're talking about before the end of this year. And again, what is that? Four more months left or so for 2023. So let's break this down and then we'll be discussing in great detail what happened between me and YouTube, with me getting my channel permanently terminated for 10 days and then being reinstated as well as the ongoing attack against crypto content creators, especially on YouTube. But I got to give YouTube kudos at the end of the day because they did reinstate my channel. So I want to be very clear, but I wasn't anticipating or expecting it because I looked at this as a matrix attack and I will be explaining why I had this thought and on everything that transpired over the past 10 days regarding my termination and reinstation, if that's even a word. But anyways, fam, now let's discuss this $100 ,000 price prediction from crypto analyst, Credible Crypto. So here's some of the tweets he shared that got my attention. Tweet number one, 100 ,000 plus is what I'm expecting for the end of the move that breaks the prior all -time high. It will come a few months after we break the all -time high. If we break all -time high this year, that can mean $100 ,000 plus this year or by early next. But he also clarifies here when someone asks, looks good on the track here. Are we aiming for 50 ,000 plus this year? And then he clarifies, 70 ,000 plus this year in case I wasn't clear before. So there you have it. And he also says, we've got the strength in our green zone held around the 29 ,000 price level. That may very well have been our bottom. And that being said, this move up so far still looks corrective and we have a sharp rejection on the lower timeframes. So do not be surprised if we chop around for a bit longer before the mega move up starts. Don't lose sight of the big picture here and don't flip bearish if we move down a bit from here. Either anything above $25 ,000 is a gift. Let me know if you agree or disagree with the analyst. And after rallying past the November 2021 all -time high of slightly above 69 ,000, the synonymous analyst expects Bitcoin to meet the first resistance at a price of over $100 ,000 as I outlined from him in that tweet. So there you have it. Let me know if you agree or disagree with that bullish price prediction of $100 ,000 plus. And now for the moment you have all been waiting for. Welcome to everyone just joining us. It's good to see we are strong and solid on the different networks. I'm just refreshing my screen to make sure the stream is still good over on Rumble. We are, we still got 65 people watching live on Rumble and we have almost 200 people watching live on YouTube. That's what's up and shout out to everyone. I appreciate the continued support. It means the world to me. And if it wasn't for you guys, I guarantee you I probably would have never received my YouTube channel back but it's because of the uproar everyone in the community made. That's why I believe I was granted to have my YouTube channel back. Here's what I am talking about. Let me break this down for you right here. So as you can see, a shout out to the Bitcoin therapist. He put, Bitcoin content creators are being banned from YouTube. Here's everything you need to know. In fact, I am the author of this. He reached out to me the other day and I put together this thread which he published officially today, roughly about an hour ago. It's already getting a lot of views and a lot of traction, 19 reposts. So be sure to also repost and spread the word. So here's the turn of events. I'm gonna read it all for you. It's very important. On July 31st, 2023, YouTube terminated my Crypto News Alerts channel which consisted of roughly 1800 videos and six years of content under false pretenses for alleged repeated violations of harmful and dangerous policy which is categorically false. Then after I read the horrific email from YouTube with the subject line that said, Crypto News Alerts, we removed your channel from YouTube, I immediately went to X, formerly known as Twitter, and tagged Team YouTube in a post asking for help. They responded, first step is to fill out the appeal form and that, once the policy team takes a look, you'll get an email outlining their decision so keep an eye on your inbox. So I immediately filled out the appeal form explaining the situation and a few hours later, Team YouTube announced their final decision to my appeal policy in a post on X which read the following. Let me read this to you. Update, our policy team confirmed the termination was correct. You can read through this article for more info on harmful and dangerous content policy that led to our decision. However, ironically still to this day, Team YouTube never sent me the email response to my appeal outlining their decision as they initially said they would. Even after several requests and reminders, I tagged them in as outlined here and instead, Team YouTube announced their final decision on a public forum, X literally harming and damaging my reputation, my brand, my content and my business by slandering my content, claiming falsehoods about my videos which are severely misleading and outrageously false. What gets even more scary is the fact Team YouTube has been attacking other Bitcoin content creators as well. For example, Plamen, who is the voice of Bitcoin in Bulgaria and had the same situation occurred and suffered the same fate as he shares here. I had the same situation, his channel of three years and 23 ,500 subscribers was terminated with no strikes, no warnings. He just woke up to his channel being deleted which really, really sucks. Now also note that the Kaiser report was also disgracefully purged from YouTube which still to this day is the greatest financial news show to ever exist and credited with the very first international TV mention of Bitcoin back in 2011, Max Kaiser literally called Bitcoin the biggest story of the decade, quoting Max right here. YouTube took down 900 hours, 13 years of work including the first extensive multi -year international coverage of Bitcoin of the Kaiser report because we reported on some inconvenient truths and deep rooted corruption about the US economy and banking system and the Bitcoin community is obviously fed up and outraged by the pathetic actions of YouTube unjustly terminating Bitcoin content creators off of their platform under false pretenses as outlined here, you can see people are saying this is a total disgrace, what in the world is going on? In fact, the Bitcoin archive, shout out to him with over 1 .2 million followers on X made a post about the recent YouTube termination purges on the three Bitcoin channels referenced in this thread with no plausible explanation given. The post has already gotten over a half a million views, 2 ,400 likes and probably now closer to a thousand reposts as outlined here and on August 4th, 2023, Robert Kennedy Jr. who is also pro Bitcoin and anti -CVDC as well as the first presidential candidate to accept Bitcoin donations made a post on X announcing, I am suing Google for censoring me on YouTube, hashtag Kennedy 2024 which you can see here on your screen. Now, interesting fact to note, my Crypto News Alert channel first achieved 50 ,000 subs all the way back in 2021 which was two years and 700 plus episodes later now, my channel still only had 56 ,000 subs at the time of termination on July 31st, 2023 which means I was most likely shadow bands ever since then. Viewers of the show would often let me know they stopped receiving notifications about my show even though they were subbed with all their notifications turned on. Unfortunately, I did not have any of my YouTube videos backed up on Rumble so roughly 1 ,800 videos which took me six years and over 10 ,000 hours to create were lost and gone forever. However, I am grateful I still have all the audio versions of my podcast still up on iTunes and Spotify and everywhere you can podcast. In fact, I just signed a new 12 month contract with Spotify slash megaphone days after being permanently terminated from YouTube. If my podcast was in any way harmful or dangerous as YouTube falsely claims, then I wouldn't be on all of these platforms. That's something to think about. Then the following day after being wrongfully terminated by YouTube, I started broadcasting my daily live stream on Rumble because I already knew this was a matrix attack which it all honestly feels like more so than anything else. It appears that YouTube clearly maliciously is attacking Bitcoin content creators who are speaking out about the truth and exposing the fiat money corruption YouTube and their parent company, Google, like all technocracies have certain agendas. But here's for the new update. As of like an hour ago, I got this email. I wasn't expecting it. I am in shock after having my YouTube channel permanently deleted under false pretenses and being suspended off the YouTube platform for life. I just received this email hours ago stating the following. We are pleased to let you know that we have recently reviewed your YouTube account and after taking another look, we can confirm that it is not in violation of our terms of service. We have lifted the suspension of your account and it is once again active and operational. So there you have it. Holla fricking Luya. I can't believe it. I wasn't anticipating it. I honestly believe if we didn't have the pushback from the community, you know what I mean? Nothing would have changed. They already said they reviewed my account after my appeal and they made the right decision, which they announced on X and now 10 days later, they're saying they made a mistake. So I am grateful for YouTube reinstoring my account, but the trust factor is lost. So what did I do? I immediately synced my Rumble account, which is my new video hosting platform to my YouTube account. And I'd suggest everyone do the same if you're a YouTube content creator, because you may suffer the same fate. And if you have it backed up, boom. You know what I mean? No damage done. You can start streaming on another platform. If you lose everything, it's like starting over from scratch, which I thought I would have to do because I lost 56 ,000 subs, which took me six years to curate, literally overnight. So that's the story of the YouTube termination and being reinstated as of today on August 10th. What are your thoughts surrounding all of this? Do you think YouTube will continue to censor Bitcoiners like myself? Or do you think now that we have pushed back that they're less likely to do so? Let me know your honest thoughts in the comments right down below. And don't forget to check out kryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. Huddle. Let's go. Let's go. Let's go.
WTOP
"69 second" Discussed on WTOP
"A precision AC tuna for only $59. Michael and son. Traffic and weather on the 8s to rob stallworth in the WTO P traffic center. Thanks, dick. We're gonna start at in Virginia, north and I 95 as you head toward franconia Springfield exit one 69, two left lanes are blocked for the crash with response on scene, the off ramp to franconia Springfield has been reopened as a result, and you stay in two lanes to the right in order to get by if you still want to hop into the express lanes you can do so back at the fairfax county Parkway to enjoy the mess as you continue toward the Springfield interchange northbound on I 95. Shopping I 95 you own the brakes going across the Aquaman and down to one 23. North Ben I three 95 slows approaching boundary channel drive up to and across the 14th street bridge. Of course into the district, the lower 14th street and the 12th street expressway is closed as well as the westbound freeway may have the ramp to main avenue blocked off off of rolling to remember taking place now with folks leaving The Pentagon headed toward the memorial bridge where delays there as well, traveling back in Virginia on the outer loop before Braddock road. That's where we had the crash activity blocking the left lane out loop in Maryland between three 55 between Connecticut avenue and three 55. That's where the right side was blocked for the wreck we believe that may have cleared to the shoulder I 95 northbound in Maryland delays toward the Howard county rest area, southbound on the BW Parkway headed toward 32, may have a crash before one 98, possibly blocking the lane so use caution there. If you're traveling anywhere near the district, keep in mind rolling to remember has started that as a result, you do have closes on Pennsylvania avenue as well as constitution and independence avenues for a full list of closures visit our website at WTO P dot com. Don't sell your used car to a stranger, be safe and go to Fitz bar's cars dot com, get the most money for your car in a safe new car showroom, go to fix buys cars dot com. That's the fixed wake rob stallworth WTO P traffic. Okay, rob, and now to 7 news first alert meteorologist, Jordan ovens. Most of us will stay dry today, but slight chances will be out there starting at 3 p.m., but chances going up after sunset,
WTOP
"69 second" Discussed on WTOP
"Start today, visit iron mountain dot com slash public sector. Rob stallworth WTO traffic. Render a severe thunderstorm watch until 6 in the evening over the next several hours, thunderstorms will rumble across the region, and these stores may produce damaging winds large hail, and even a few isolated tornadoes, and The Rain will be heavy at times. It looks like the severe thread will end by around 4 o'clock. Probably sunny breezy and cool on Sunday with a high upper 50s to mid 60s. Mike Jennifer, WTO news. Again, we are under a severe thunderstorm warning for several areas. We've got Mike's dinner for standing by. It is two 31. This is WTO P news. Everything you need every time you listen. The WTO producer's desk is wired by IBW local 26. Where electrical contractors come to grow. Good afternoon team, I'm Ralph, Fox, Acacia James is our producer, the weather, the top story we're following for you at this hour. We remain under a weather alert the national weather service has warnings for several parts of our listening area. You just heard from him, let's get more from WTO meteorologist Mike's Jennifer. And good afternoon Ralph for watching two separate severe thunderstorms, all part of a squad line that's moving through the area along two 70. We've got a severe thinner storm stretching from around mount airy to cooksville and then southward to around Columbia and all the way down to around the green belt area. This activity moving off the northeastern 40 miles an hour. Very heavy rainfall we've got the 60 miles down with this cell. Southern part of this line now, moving through portions of our eastern suburbs, stretching from right away the route 50 and the beltway beat up your FedEx field and then southward through around the upper marble area and camp springs and rosaryville. This activity moving on to the Easter around 40 miles an hour here to watch out for winds up to 60 miles an hour. The severe thunderstorm watch has been canceled for the western suburbs. It's time for severe weather now, mainly north and east of the district for the next hour to hour and a half by 4 o'clock. I think the worst of the weather will be out of here, but so much dear rate will fall to around 6 o'clock this evening and overnight skies will clear and look for much cooler weather to come our way for the next several days. And I'll be back in just a couple of minutes with your complete forecast. Mike, thank you. We are looking at rain here in friendship heights at 69°, two 33. The U.S. Supreme Court has extended access to a widely used abortion pill while a legal battle continues justice Samuel Alito and
AP News
"69 second" Discussed on AP News
"Also said that the lavra, including a USC seminary and offices, is a hub of Russian world propaganda. I'm Sarah Napa AP sports, I'm Bruce Morton. Florida Atlantic is a 9th seed and a team with a ticket to its first final four. This after hanging on to win the east region by topping Kansas state 79 76. Owls guard Brian greenlee says it's great to inhale the tournament's rarefied air. It's pretty surreal. It's a lot of excitement. Just happiness for the unit that we have that everyone gets to experience this together. And also a little bit of just hunger to go finish it off. Meanwhile, Connecticut got to the final four. The huskies made it out of the west, pulling away in the second half to route Gonzaga 82 54 UConn guard Andre Jackson says a final four birth is nice, but not a final destination. We got a lot to prove we still got a chip on our shoulder. And we had to go and it was to make it as a final four, but more importantly, to win a national championship. So as we still push it towards. And the women's tournaments Greenville regional undefeated South Carolina moved into its third consecutive elite 8 by downing UCLA 59 43, guard breeze bell said size helped out the defending champs. We definitely do a lot of work in practice with his ball screen, whether it's, you know, whatever the case may be. So I think for games like this, you know, an offensive scoring is very low. We definitely rely on our defense to keep their scoring lower than ours. Next up for the gamecocks is Maryland, which eliminated Notre-Dame 76 59 in the Seattle regional, Ohio State took over in the second quarter and beat Yukon 73 61. The buckeyes advanced to a matchup with Virginia tech which defeated Tennessee 73 64. Pro basketball, two teams with a bona FIDE chance to get to the finals, Denver pulled away in the third quarter to beat Milwaukee one 29 one O 6. Hockey, the NHL best bruins clinched the Atlantic division by edging Tampa Bay two one. Bruce Morton AP sports, AP sports, I'm Bruce Morton, 9th seed, Florida, Atlantic, is on its way to its first ever final four. This, after the owls got out of the east region with a 79 76 victory over Kansas state in the west region, bulldogs versus huskies and Connecticut was best in show to the tune of 82 54 over Gonzaga. In the women's tournaments Greenville regional, undefeated South Carolina moved a step closer to successfully defending its title by dumping UCLA 59 43. The gamecocks next face Maryland, which beat Notre-Dame 76 59 in the Seattle regional Ohio State overcame a slow start to get the best of Yukon 73 61 good for a matchup with Virginia tech, a 73 64 winner over Tennessee. Pro basketball, best in the east versus best in the west, the nuggets pounded the bucks one 29 one O 6. Hockey, the bruins clenched the Atlantic division crown by edging Tampa Bay to one. Bruce Morton, AP sports. The hurricanes wasted leads of two zero and three two before scoring twice in a 69 second span to beat the Maple Leafs 5 three. Auston Matthews tied the game twice for the Maple Leafs. The latter coming with under three minutes to play. Sebastian aho broke a three three tie with two 26
AP News
"69 second" Discussed on AP News
"In the church have maintained close ties with Russia. They can government has also said that the lavra, including a UFC seminary and offices, is a hub of Russian world propaganda. I'm Sarah Napa. AP sports, I'm Bruce Morton. Florida Atlantic is a 9th seed and a team with a ticket to its first final four. This after hanging on to win the east region by topping Kansas state 79 76. Owls guard Brian greenlee says it's great to inhale the tournament's rarefied air. It's pretty surreal. It's a lot of excitement. Just happiness for the unit that we have that everyone gets to experience this together. And also a little bit of just hunger to go finish it off. Meanwhile, Connecticut got to the final four. The huskies made it out of the west, pulling away in the second half to route Gonzaga 82 54. UConn guard Andre Jackson says a final four birth is nice, but not a final destination. We got a lot to prove we still got a chip on our shoulder. And we had to go and it was to make this about a four, but more importantly, to win a national championship. So as we still push it towards. In the women's tournaments Greenville regional, undefeated South Carolina moved into its third consecutive elite 8 by downing UCLA 59 43, guard breeze bell said size helped out the defending champs. We definitely do a lot of work in practice with his ball screen, whether it's, you know, whatever the case may be. So I think for games like this, you know, an offensive scoring is very low. We definitely rely on our defense to keep their scoring lower than ours. Next up for the gamecocks is Maryland, which eliminated Notre-Dame 76 59. In the Seattle regional, Ohio State took over in the second quarter and beat Yukon 73 61. The buckeyes advanced to a matchup with Virginia tech which defeated Tennessee 73 64. Pro basketball, two teams with a bona FIDE chance to get to the finals, Denver pulled away in the third quarter to beat Milwaukee one 29 one O 6. Hockey, the NHL best bruins clinched the Atlantic division by edging Tampa Bay two one. Bruce Morton, AP sports, AP sports, I'm Bruce Morton, 9th seed Florida Atlantic is on its way to its first ever final four. This, after the owls got out of the east region with a 79 76 victory over Kansas state in the west region, bulldogs versus huskies and Connecticut was best in show to the tune of 82 54 over Gonzaga. In the women's tournaments Greenville regional, undefeated South Carolina moved a step closer to successfully defending its title by dumping UCLA 59 43. The gamecocks next face Maryland, which beat Notre-Dame 76 59 in the Seattle regional Ohio State overcame a slow start to get the best of Yukon 73 61 good for a matchup with Virginia tech, a 73 64 winner over Tennessee. Pro basketball, best in the east versus best in the west, the nuggets pounded the bucks one 29 one O 6. Hockey, the bruins clenched the Atlantic division crown by edging Tampa Bay to one. Bruce Morton, AP sports. The hurricanes wasted leads of two zero and three two before scoring twice in a 69 second span to beat the Maple Leafs 5 three. Auston Matthews tied the game twice for the Maple Leafs. The latter coming with under three minutes to play. Sebastian aho broke a three three tie with two 26
AP News
"69 second" Discussed on AP News
"Also said that the lavra, including a UFC seminary and offices, is a hub of Russian world propaganda. I'm Sarah Napa. AP sports, I'm Bruce Morton. Florida Atlantic is a 9th seed and the team with a ticket to its first final four. This after hanging on to win the east region by topping Kansas state 79 76. Owls guard Brian greenlee says it's great to inhale the tournament's rarefied air. It's pretty surreal. It's a lot of excitement. Just happiness for the unit that we have that everyone gets to experience this together. And also a little bit of just hunger to go finish it off. Meanwhile, Connecticut got to the final four. The huskies made it out of the west, pulling away in the second half to route Gonzaga 82 54. UConn guard Andre Jackson says a final four birth is nice, but not a final destination. We got a lot to prove we still got a chip on our shoulder. And we had to go and it was to make this about a four, but more importantly, to win a national championship. So as we still push it towards. In the women's tournaments Greenville regional, undefeated South Carolina moved into its third consecutive elite 8 by downing UCLA 59 43, guard breeze bell said size helped out the defending champs. We definitely do a lot of work in practice with his ball screen, whether it's, you know, whatever the case may be. So I think for games like this, you know, and offensive scoring is very low. We definitely rely on our defense to keep their scoring lower than ours. Next up for the gamecocks is Maryland, which eliminated Notre-Dame 76 59 in the Seattle regional Ohio State took over in the second quarter and beat Yukon 73 61. The buckeyes advanced to a matchup with Virginia tech, which defeated Tennessee 73 64. Pro basketball, two teams with a bona FIDE chance to get to the finals, Denver pulled away in the third quarter to beat Milwaukee one 29 one O 6. Hockey, the NHL best bruins clinched the Atlantic division by edging Tampa Bay two one. Bruce Morton AP sports, AP sports, I'm Bruce Morton, 9th seed, Florida, Atlantic, is on its way to its first ever final four. This, after the owls got out of the east region with a 79 76 victory over Kansas state in the west region, bulldogs versus huskies and Connecticut was best in show to the tune of 82 54 over Gonzaga. In the women's tournaments Greenville regional, undefeated South Carolina moved a step closer to successfully defending its title by dumping UCLA 59 43. The gamecocks next face Maryland, which beat Notre-Dame 76 59 in the Seattle regional Ohio State overcame a slow start to get the best of Yukon 73 61 good for a matchup with Virginia tech, a 73 64 winner over Tennessee. Pro basketball, best in the east versus best in the west, the nuggets pounded the bucks one 29 one O 6. Hockey, the bruins clenched the Atlantic division crown by edging Tampa Bay to one. Bruce Morton AP sports. The hurricanes wasted leads of two zero and three two before scoring twice in a 69 second span to beat the Maple Leafs 5 three. Auston Matthews tied the game twice for the Maple Leafs. The latter coming with under three minutes to play. Sebastian aho broke a three three tie with two 26
AP News
"69 second" Discussed on AP News
"AP sports, I'm Bruce Morton Florida Atlantic is a 9th seed and a team with a ticket to its first final four. This after hanging on to win the east region by topping Kansas state 79 76. Owls guard Brian greenlee says it's great to inhale the tournament's rarefied air. It's pretty surreal. It's a lot of excitement. Just happiness for the unit that we have that everyone gets to experience this together. And also a little bit of just hunger to go finish it off. Meanwhile, Connecticut got to the final four. The huskies made it out of the west, pulling away in the second half to route Gonzaga 82 54. UConn guard Andre Jackson says a final four birth is nice, but not a final destination. We got a lot to prove we still got a chip on our shoulder. And we had to go and it was to make this final four, but more importantly, to win a national championship. So as we still push it towards. And the women's tournaments Greenville regional undefeated South Carolina moved into its third consecutive elite 8 by downing UCLA 59 43, guard breeze bell said size helped out the defending champs. We definitely do a lot of work in practice with his ball screen, whether it's, you know, whatever the case may be. So I think for games like this, you know, and offensive scoring is very low. We definitely rely on our defense to keep their scoring lower than ours. Next up for the gamecocks is Maryland, which eliminated Notre-Dame 76 59 in the Seattle regional, Ohio State took over in the second quarter and beat Yukon 73 61. The buckeyes advanced to a matchup with Virginia tech which defeated Tennessee 73 64. Pro basketball, two teams with a bona FIDE chance to get to the finals, Denver pulled away in the third quarter to beat Milwaukee one 29 one O 6. Hockey, the NHL best bruins clinched the Atlantic division by edging Tampa Bay two one. Bruce Morton AP sports, AP sports, I'm Bruce Morton, 9th seed, Florida, Atlantic is on its way to its first ever final four. This, after the owls got out of the east region with a 79 76 victory over Kansas state in the west region, bulldogs versus huskies and Connecticut was best in show to the tune of 82 54 over Gonzaga. In the women's tournaments Greenville regional, undefeated South Carolina moved a step closer to successfully defending its title by dumping UCLA 59 43. The gamecocks next face Maryland, which beat Notre-Dame 76 59 in the Seattle regional Ohio State overcame a slow start to get the best of Yukon 73 61 good for a matchup with Virginia tech, a 73 64 winner over Tennessee. Pro basketball, best in the east versus best in the west, the nuggets pounded the bucks one 29 one O 6. Hockey, the bruins clinched the Atlantic division crown by edging Tampa Bay to one. Bruce Morton AP sports. The hurricanes wasted leads of two zero and three two before scoring twice in a 69 second span to beat
AP News
"69 second" Discussed on AP News
"Can be found on iOS and Android. AP sports I'm Bruce Morton. Florida Atlantic is a 9th seed and a team with a ticket to its first final four. This after hanging on to win the east region by topping Kansas state 79 76, owls guard Brian greenlee says it's great to inhale the tournament's rarefied air. It's pretty surreal. It's a lot of excitement. Just happiness for the unit that we have that everyone gets to experience this together. And also a little bit of just hunger to go finish it off. Meanwhile, Connecticut got to the final four. The huskies made it out of the west, pulling away in the second half to route Gonzaga 82 54. UConn guard Andre Jackson says a final four birth is nice, but not a final destination. We got a lot to prove we still got a chip on our shoulder. And we had to go. And it was to make it as final four, but more importantly, to win a national championship. So as we still push it towards. In the women's tournaments Greenville regional, undefeated South Carolina moved into its third consecutive elite 8 by downing UCLA 59 43, guard breeze bell said size helped out the defending champs. We definitely do a lot of work in practice with his ball screen, whether it's, you know, whatever the case may be. So I think for games like this, you know, an offensive scoring is very low. We definitely rely on our defense to keep their scoring lower than ours. Next up for the gamecocks is Maryland, which eliminated Notre-Dame 76 59 in the Seattle regional Ohio State took over in the second quarter and beat Yukon 73 61. The buckeyes advanced to a matchup with Virginia tech, which defeated Tennessee 73 64. Pro basketball, two teams with a bona FIDE chance to get to the finals, Denver pulled away in the third quarter to beat Milwaukee one 29 one O 6. Hockey, the NHL best bruins clinched the Atlantic division by edging Tampa Bay two one. Bruce Morton AP sports, AP sports, I'm Bruce Morton, 9th seed Florida Atlantic is on its way to its first ever final four. This after the owls got out of the east region with a 79 76 victory over Kansas state in the west region bulldogs versus huskies and Connecticut was best in show to the tune of 82 54 over Gonzaga. In the women's tournaments Greenville regional, undefeated South Carolina moved a step closer to successfully defending its title by dumping UCLA 59 43. The gamecocks next face Maryland, which beat Notre-Dame 76 59 in the Seattle regional Ohio State overcame a slow start to get the best of Yukon 73 61 good for a matchup with Virginia tech, a 73 64 winner over Tennessee. Pro basketball, best in the east versus best in the west, the nuggets pounded the bucks one 29 one O 6. Hockey, the bruins clenched the Atlantic division crown by edging Tampa Bay to one. Bruce Morton AP sports. The hurricanes wasted leads of two zero and three two before scoring twice in a 69 second span to beat the Maple Leafs 5 three. Auston Matthews tied the game twice for the Maple Leafs. The latter coming with under three minutes to play. Sebastian aho broke a three three tie with two 26
AP News
"69 second" Discussed on AP News
"A 9th seed and a team with a ticket to its first final four. This after hanging on to win the east region by topping Kansas state 79 76. Owls guard Brian greenlee says it's great to inhale the tournament's rarefied air. It's pretty surreal. It's a lot of excitement. Just happiness for the unit that we have that everyone gets to experience this together. And also a little bit of just hunger to go finish it off. Meanwhile, Connecticut got to the final four. The huskies made it out of the west, pulling away in the second half to route Gonzaga 82 54. UConn guard Andre Jackson says a final four birth is nice, but not a final destination. We got a lot to prove we still got a chip on our shoulder. And we had to go and it was to make this final four, but more importantly, to win a national championship. So as we still push it towards. And the women's tournaments Greenville regional undefeated South Carolina moved into its third consecutive elite 8 by downing UCLA 59 43, guard breeze bell said size helped out the defending champs. We definitely do a lot of work in practice with his ball screen, whether it's, you know, whatever the case may be. So I think for games like this, you know, an offensive scoring is very low. We definitely rely on our defense to keep their scoring lower than ours. Next up for the gamecocks is Maryland, which eliminated Notre-Dame 76 59 in the Seattle regional Ohio State took over in the second quarter and beat Yukon 73 61. The buckeyes advanced to a matchup with Virginia tech, which defeated Tennessee 73 64. Pro basketball, two teams with a bona FIDE chance to get to the finals, Denver pulled away in the third quarter to beat Milwaukee one 29 one O 6. Hockey, the NHL best bruins clinched the Atlantic division by edging Tampa Bay two one. Bruce Morton AP sports, AP sports, I'm Bruce Morton, 9th seed Florida Atlantic is on its way to its first ever final four. This after the owls got out of the east region with a 79 76 victory over Kansas state. In the west region, bulldogs versus huskies and Connecticut was best in show to the tune of 82 54 over Gonzaga. In the women's tournaments Greenville regional, undefeated South Carolina moved a step closer to successfully defending its title by dumping UCLA 59 43. The gamecocks next face Maryland, which beat Notre-Dame 76 59 in the Seattle regional Ohio State overcame a slow start to get the best of Yukon 73 61, good for a matchup with Virginia tech, a 73 64 winner over Tennessee. Pro basketball, best in the east versus best in the west, the nuggets pounded the bucks one 29 one O 6. Hockey, the bruins clinched the Atlantic division crown by edging Tampa Bay to one. Bruce Morton, AP sports. The hurricanes wasted leads of two zero and three two before scoring twice in a 69 second span to beat the Maple Leafs 5 three. Auston Matthews tied the game twice for the Maple Leafs. The latter coming with under three minutes to play. Sebastian aho broke a three three tie with two 26 remaining, then set up the insurance tally by Taylor Tara vine and I guess there's two options to keep going and stick with it
AP News
"69 second" Discussed on AP News
"A 9th seed and the team with a ticket to its first final four. This after hanging on to win the east region by topping Kansas state 79 76, owls guard Brian greenlee says it's great to inhale the tournament's rarefied air. It's pretty surreal. Just a lot of excitement. Just happiness for the unit that we have that everyone gets to experience this together. And also a little bit of just hunger to go finish it off. Meanwhile, Connecticut got to the final four. The huskies made it out of the west, pulling away in the second half to route Gonzaga 82 54. UConn guard Andre Jackson says a final four birth is nice, but not a final destination. We got a lot to prove we still got a chip on our shoulder. And we had to go. And it was to make it as vital for, but more importantly, to win a national championship. So as we still push it towards. In the women's tournaments Greenville regional, undefeated South Carolina moved into its third consecutive elite 8 by downing UCLA 59 43, guard breeze bell said size helped out the defending champs. We definitely do a lot of work in practice with his ball screen, whether it's, you know, whatever the case may be. So I think for games like this, you know, an offensive scoring is very low. We definitely rely on our defense to keep their scoring lower than ours. Next up for the gamecocks is Maryland, which eliminated Notre-Dame 76 59 in the Seattle regional Ohio State took over in the second quarter and beat Yukon 73 61. The buckeyes advanced to a matchup with Virginia tech which defeated Tennessee 73 64. Pro basketball, two teams with a bona FIDE chance to get to the finals, Denver pulled away in the third quarter to beat Milwaukee one 29 one O 6. Hockey, the NHL best bruins clinched the Atlantic division by edging Tampa Bay two one. Bruce Morton AP sports, AP sports, I'm Bruce Morton, 9th seed Florida Atlantic is on its way to its first ever final four. This after the owls got out of the east region with a 79 76 victory over Kansas state. In the west region, bulldogs versus huskies and Connecticut was best in show to the tune of 82 54 over Gonzaga. And the women's tournaments Greenville regional undefeated South Carolina moved a step closer to successfully defending its title by dumping UCLA 59 43. The gamecocks next face Maryland, which beat Notre-Dame 76 59 in the Seattle regional Ohio State overcame a slow start to get the best of Yukon 73 61 good for a matchup with Virginia tech, a 73 64 winner over Tennessee. Pro basketball, best in the east versus best in the west, the nuggets pounded the bucks one 29 one O 6. Hockey, the bruins clinched the Atlantic division crown by edging Tampa Bay to one. Bruce Morton AP sports. The hurricanes wasted leads of two zero and three two before scoring twice in a 69 second span to beat the Maple Leafs 5 three. Auston Matthews tied the game twice for the Maple Leafs. The latter coming with under three minutes to play. Sebastian aho broke a three three tie with two 26 remaining, then set up the insurance tally by Teva otavi. I guess there's two options to keep going and stick with it or
AP News
"69 second" Discussed on AP News
"Supply? See Capital One dot com slash bank for details, Capital One NA member FDIC. AP sports, I'm Bruce Morton. Florida Atlantic is a 9th seed and a team with a ticket to its first final four. This after hanging on to win the east region by topping Kansas state 79 76. Owls guard Brian greenlee says it's great to inhale the tournament's rarefied air. It's pretty surreal. It's a lot of excitement. Just happiness for the unit that we have that everyone gets to experience this together. And also a little bit of just hunger to go finish it off. Meanwhile, Connecticut got to the final four. The huskies made it out of the west, pulling away in the second half to route Gonzaga 82 54. UConn guard Andre Jackson says a final four birth is nice, but not a final destination. We got a lot to prove we still got a chip on our shoulder. And we had to go and it was to make this final four, but more importantly, to win a national championship. So as we still pushing towards. And the women's tournaments Greenville regional undefeated South Carolina moved into its third consecutive elite 8 by downing UCLA 59 43. Guard breeze bell said size helped out the defending champs. We definitely do a lot of work in practice with his ball screen, whether it's, you know, whatever the case may be. So I think for games like this, you know, an offensive scoring is very low. We definitely rely on our defense to keep their scoring lower than ours. Next up for the gamecocks is Maryland, which eliminated Notre-Dame 76 59 in the Seattle regional, Ohio State took over in the second quarter and beat Yukon 73 61. The buckeyes advanced to a matchup with Virginia tech which defeated Tennessee 73 64. Pro basketball, two teams with a bona FIDE chance to get to the finals, Denver pulled away in the third quarter to beat Milwaukee one 29 one O 6. Hockey, the NHL best bruins clinched the Atlantic division by edging Tampa Bay two one. Bruce Morton AP sports, AP sports, I'm Bruce Morton, 9th seed Florida Atlantic is on its way to its first ever final four. This, after the owls got out of the east region with a 79 76 victory over Kansas state in the west region, bulldogs versus huskies and Connecticut was best in show to the tune of 82 54 over Gonzaga. In the women's tournaments Greenville regional, undefeated South Carolina moved a step closer to successfully defending its title by dumping UCLA 59 43. The gamecocks next face Maryland, which beat Notre-Dame 76 59 in the Seattle regional Ohio State overcame a slow start to get the best of Yukon 73 61, good for a matchup with Virginia tech, a 73 64 winner over Tennessee. Pro basketball, best in the east versus best in the west, the nuggets pounded the bucks one 29 one O 6. Hockey, the bruins clinched the Atlantic division crown by edging Tampa Bay to one. Bruce Morton, AP sports. The hurricanes wasted leads of two zero and three two before scoring twice in a 69 second span to beat the Maple Leafs 5 three. Auston Matthews tied the game twice for the Maple Leafs. The latter coming with under three minutes to play. Sebastian aho broke a three three tie with two 26
WTOP
"69 second" Discussed on WTOP
"Powered by Red River, technology decisions aren't black and white. Think red. The capitals closed out in emotional day with a walk off win in Anaheim three to two on Tom Wilson's game winner just 69 seconds into overtime, telling NBC sports Washington. Yeah, I mean, it's a great group of guys in there and it's been a crazy week. Guys coming in out injuries now and has just been that way all year and all we can do is come together and play as a group and that's our first win. Hopefully we can rack them together here. It was fitting that Wilson had a two goal game. He's one of only 6 players left from the capital Stanley Cup championship team after Lars Eller was traded to Colorado earlier in the day. Maryland's first game back in the rankings was an upset loss to Ohio State 73 62 to add to the 21st ranked road woes this season, unlike the terms GW in George Mason extended their respective win streaks, but Georgetown took a 40 point beating at creighton to close out the regular season. In this week's D.C. sports auto, we debated the veteran quarterback market for the Washington commanders and George Wallace said they want to see what they've got in Sam how. And if they bring a quarterback, the route you're going is a veteran is a Derek car type. I mean, I don't say it, but even Marcus Mariota was released yesterday. Somebody like that. We give you an under the radar option and a case for Lamar Jackson in a D.C. sports huddle. We're calling a beautiful disaster. He lie on WTO dot com. YouTube or wherever you get your podcasts. Rob Woodford sports. Hey, son, how are you feeling? I find pops. What's on
The Horse Racing Radio Network Podcast
"69 second" Discussed on The Horse Racing Radio Network Podcast
"Always has to be very sound silly. Just kind of regroup, not sure if we'll end up back on the grass with her in our next starter. Maybe give her another shot toward the yolks, but she is trying to find. All right, a quick update on wet paint who goes today in the honeybee? Doing great. It's a wet track, so I think that that's only a benefit or a positive for her moving forward. This afternoon. I think we're going to need a pace to run into seems to suit her. I think we'll get it. Claudians back on or who are extremely well last time. And hopefully she runs well and she can take another step towards the Kentucky oaks today. Brad, good luck today. Keep it rolling and I'm sure we'll talk again before we get to Louisville, but good luck and let's see if we can get there for the oaks and for the Derby. You got it. Sounds good. Good visiting with you. Yeah. Thanks. Appreciate it, Brad Cox here on the horse racing radio network. Boy, you talk about loaded, huh? That was, that was about 12 or 13 minutes just getting into just walking through his Derby contenders. And then you get into some of the oaks horses and it's good to be Brad Cox these days. And it does seem, doesn't it? It does seem like Brad Cox has reached 2000 wins. Very quickly. And I think it's because of the fact that really when you go back and you look at his career and you look at his statistics, it's the last what 8 years maybe that Bragg Cox has really just taken off. You look at 2014 and he went 75 races. 2015, 98. Then he goes one 51 in 2016, two O four and 2017, two 43, two 35, two 16, two 69, two 22 last year. So it seems that over the last decade is when Brad Cox has really burst onto the scene, but as you heard him say, he's been training almost 20 years. You don't picture bad cocks. In that, in that way. So when you talk about Brad winning 2000 races, boy, it just seems like it's come overnight for him. He doesn't feel that way, but it certainly appears that way. So my thanks to Brad and all the best to him into his team moving forward with those horses. Coming up next, we'll look back on a big win last weekend in the Rachel Alexandra steaks for Brendan Walsh. He'll be with me next on the equine form, presented by twin spires on H RN. Race
KAILASH HAZARI IAS ACADEMY /ADMINISTRATIVE CONSULTANT SERVICE (WORLDWIDE)
"69 second" Discussed on KAILASH HAZARI IAS ACADEMY /ADMINISTRATIVE CONSULTANT SERVICE (WORLDWIDE)
"Hello Friends when JT Raj institutions Punjabi raji jar system of local self government. We are in people take upon themselves the responsibility for development, it is also a system of institutional religion for achieving rural development through people's easier to end. Participation. When JT rodge involves a three year structure of democratic institutions at district blog and village label, namely gilla person. And Trump and respectively. The story by drone in the later part of 50, three different giant skin into existence. But one that I met a committee, 1957. File distilled message of Punjabi lodge. Page of S tendency. 1990 59 two 1930 64, page of agonism, 1965 to 90 69 page of decline, 1930 69 two 1900 77, three job revival, 1920 78 to 79 page of stagnation, 90 two, 1989. Since 1978, when giants, we are seen as political institutions. 73rd constitutional amendment act, 1900. 92.
Bob Ryan & Jeff Goodman NBA Podcast
"69 second" Discussed on Bob Ryan & Jeff Goodman NBA Podcast
"There's not going to defeat him. He was never going to defeat him. It was going never. It was not that he was going to he was going to give it the backhand and I love that phrase that description it is, which is citizenship is not my gift. It's a birthright. And by the way, white America was not going to define the gift, any privileges that were going to get me. I already had them. I don't need whitey to tell me that I could do this or not when it was going to a lunch counter or vote or anything. That was Bill Russell's credo from forever. And he applied that to his daily life for the rest of his life. And now to talk about Bill Russell, the player, the greatest winner of all time, you just mentioned two NCAA championships at the university of San Francisco. Gold medal and 11 NBA. 13 years. One of which, enjoying one of which he was hurt. In 58. I will give the sixers an out in 68 to be Cunningham was hurt and did not play. And they were, he was a very important component of the 68 sixers who the Celtics coming down from three to one. So if you want to offset them, I'm not going to fight that. But we do know documented that he competed for 16 championships from 1955 until 69. Two in CIA's one Olympics at 13 inch 8 and his team's one 14. And it was in primary player on each of those 14 teams. That's unmatched legacy of winning in North America sport history. I know I hear about Richard. I meddle smart. But it doesn't stop 14. It's a lemon, I think. So anyway, so if I'm wrong about an exact way, the fact is it was a documented great winner at the greatest in American North American sports history, to win games. And the other one is, and I love this one. And I'm proud of what I came up with this one in which it is that in 21 winner take all games, which means every NCAA game, because every anti games win to lose. Right. Every medal round game in the Olympics because you can get to the metal round having lost the game. But of course 56 day and lose any games. But every metal ground game. And best of 5 or best of 7. 21 times Bill Russell's teams faced elimination. And 21 times day one. Yeah. And so I submit confidently. That's an unmatched legacy in Americans in North American sports history. Well, let's talk about how we did it because they did not keep track of the block shot. I believe, right? So what Tommy heinsohn used to tell me often when he talked about Russell's game is, you know, Ross Ross may have two or three blocks in one possession. Or to start the fast break, rush knew where to tap the ball.
ACG - The Best Gaming Podcast
"69 second" Discussed on ACG - The Best Gaming Podcast
"You guys on, where I'll turn it on. That's hot. I think that's the wrong. Johnny, can I get an audio test? Yeah, one, two, three tests. You're good. Stop everybody. This is correct with ACG and I'm here with Johnny regin silver, international podcast number two 69 two 70 something like that. Sorry it took us so long. Got all kinds of issues. The video didn't go out either it looks like only a 188 people instead of 600 watching. So if you can tweet out, I have no clue what's going on, but I want to welcome you to the podcast. We've all had technical questions. Well, yeah, except for reg ridge Adam last week, or the week prior. This week, we've had nothing but technical issues. I'm going to real quick adjust Johnny in his title and silver in his title, so everybody knows who the proper people are. And ridge, ridge was over the top of me. Let's get that fixed. I'm silver today. Yeah. All right. So, now we're back. Anyway, thank you very much. Everybody for listening, watching in tune in, I appreciate it. Got some reviews coming up in the next couple of weeks. First thing I'm gonna do is I'm going to cover a couple of things that have come up in the news, I told these guys prior and then we'll start the actual main podcast. So the first thing I want to cover in the last couple of days, I saw some people getting on Jeff grubb. He's a press for. I don't remember who he writes for now. But he does a bunch of different stuff covers games and I saw some people getting on him for talking about reviewing games that he didn't necessarily love. And there were people who were like, oh, that's really conceded, or that's really whatever the other terms would be. I don't know those terms because I personally have never been any of those things conceited or in any way shape or form egotistical. So but I did want to cover Jeff was saying in the basically, you know, he's got a review of game he doesn't necessarily want to review, but he wants to get it early, so he can do it and cover it. And people are getting on him. And I wanted to remind people that if you only cover games that you absolutely love, or games that you absolutely know will suck, you know, because you want views or something like that. I personally believe you'll lose that middle ground of being able to talk about a game that is just okay or a game that maybe does have a good fun factor, but doesn't have some of the other things. And so I just wanted to remind people that if you get on somebody like that, thank you. If you get on somebody like that, you're really not coming across as intelligent. It doesn't make a lot of sense. We do have to review games that we don't necessarily like. And the idea, I've had it myself. I had one person say, man, Carrick's given a lot of buys in the last couple of weeks. And to me, that was awesome. I was like, dude, that just means I like these games. To other people, they're like, oh man, it must be, you know, it must be paid or something like that. And the only thing I can say is that is far more reflective of the content you consume than it is. Me as a creator. So that's on you. That means you're watching shit channels. So fix it. Just watch mine, or just watch Jeff. Whatever. But I just wanted to say that. It was really odd to tell people that's not exactly how it goes..
MyTalk 107.1
"69 second" Discussed on MyTalk 107.1
"Random thoughts every day that make anything for you so much sense And this is 69 seconds. How about 69? Minutes after we are getting affair? 65 minutes after we had 4 21 09. We should say hey was 69 seconds. Password 20 ha ha! Elon Musk. Okay, Can I just tell you something Funny? Yes. Oh, no people did Kagome do our phones at work? I don't know, but I can't find it. Go answer the phone that I can't be part of this most random. No, don't answer the phone so we can listen to charge our first collar 90 million more random. Thought she's on the phone to pull her up. Yes, yes. Here we are going to do. Hello. I pulled you up your collar. One. Okay. Hi. Do you want to get random with Julia and Britney? You Randall? Oh, Who is this? Please? Oh, God. Jessica? Rebecca. Oh, Hi, Rebecca. How are you today? Great. How are you? Oh, so fantastic. All right. So I've got it started be cardiac and give you the bright book. Because trust me. We've got some books around here. Oh, my God. Okay. Is there like a favorite book that you've read? Oh my gosh. Well, the year put David Wilcock, which is sort of like who's sort of like ancient aliens sort of type thing. So that's kind of what I've been doing. But other than that, I love all of the you know, gossipy kind of. You know what I would love is if you had, like those like managers of the music people, you know, like Who are some of those managers of like, um, Okay. You know what? I'm just getting even with the managers. Okay, I'm gonna I'm gonna look for something. Bracco is going to get your name and address. Oh, we're gonna put something in the mail. Okay? Wow. Thanks. Thanks, Rachael. Get her name, right. We'll be.
Xtra Sports Radio 1300 AM
"69 second" Discussed on Xtra Sports Radio 1300 AM
"19 and one on the season, Bentley falls to three and five thousands. Sent out a message earlier that they were not going to go quietly today at 4 27 of the first period, Thomas task is put the Falcons on top one. Nothing look like Sean Noten actually got the goal. As he came out from behind the net, but his shot was blocked and it ended up right on the stick and ask us who managed to stuff it. In past, Kirk and the Falcons had a one Nothing lead at that point. It didn't last long. It was about a minute later, and Bentley had an answer. Was there stud Luke Santer know who scored from Drew Bavaro at 5 34 the first period. And Bentley just like that. Even the hockey game at a gold piece, and that's how the first period ended up tied at 11 2nd period. No score at all. So the two teams went to the third period tied at one apiece, and it was early in the third. In fact, 69 seconds in to the third period when Blake Bride got a wraparound goal as he came out from behind the net. And bride. Second of the season, put Air force up by a score of to toe. One Falcons were feeling pretty good about themselves at that point, and they were all over Bentley for the next three or four minutes, but they couldn't extend the lead. And sooner or later, when you do that against good teams, they'll make you pay. Bentley did that at 8 59 of the third period about seven minutes after Air Force had taken the lead. Brendan Hamlet got his team even with his third of the season and even strength gold. Yak of Novak and Luke Center. No assisted on the play, and we had a tide hockey game once again at two apiece. Bentley went on top. Just about a minute and a half later as the Falcons took a penalty, Bentley went on the power play and Bentley made him play. Matt Kosowski got his second of the weekend at 10 10 of the third period. Novak, another assist. Through the Varroa got an assist on the play his second of the game, and it was three to Bentley. At that point, the Falcons hung in there, though they refused to full and about a minute later type posture. Pinsky put in a rebound on a shot by Bryan Adams. Had that came in 11 04. The third period patches first goal of the season. Keenan Lund and Bryan Adams assisted on the play. And the game was tied at 33. From there they battle scoreless until they went into overtime. And it 3 14 of the three on three overtime period. Willie Rhyme unassisted with the game winning goal this afternoon as the Falcons get that elusive first win and taste victory, the The taste of.