40 Burst results for "Six Hundred"
Bloomberg Radio New York
"six hundred" Discussed on Bloomberg Radio New York
"To have at least a temporary localized stop in the fighting now that is something israel has been hesitant to do kirby says the red cross has not been given access to the hostages and on bloomberg's balance power of power -retired brigadier general mark kimmett says make no doubt israel could move at any moment with special forces in fact i think they're very much against uh... any kind of cease fire or humanitarian policy in the first instance this is something that's being pushed by katar by hamas and candidly the united states and u .s. defense secretary lloyd ausin his reassuring ukraine now that more aid by the additional artillery news munitions uh... interceptors for uh... air defense uh... and uh... in a number of uh... anti -tank weapons as well this is the head of a long winter prime minister for me okay should uh... has called on north korea to halt its plans to launch a satellite after japan received notice on fields where debris from a rocket may fall at sea he should have told reporters that a launch would be in violation of u .n. security council resolutions and his government would work with the u .s. and south korea to deal with the matter well hearing today unlimited gag order case for donald trump and his election interference case judge patricia millet so expressing uh... trump attorney john sour asking him how to regulate trump outside of opening up breaking the law it seems incumbent upon you to to be able to explain to me what a court could do to acting integrity of criminal proceedings that isn't covered by a don't violate the law and the latest presidential poll coming from nbc shows president by his lowest approval rating yet forty percent and puts donald trump ahead within the margin of error bloomberg's jenny shanzeno says this needs to be a warning shot across the bite and bow not to be ignored believe the numbers do not hide from them tough love is an important thing and these are not good numbers and the white house knows that they and do have time but they cannot ignore young people why have democrats done one and done done well in these specials because young people have gotten out on the abortion issue now this on the president biden's eighty first birthday global news twenty four hours a day whenever you want it with bloomberg news now in san francisco i met baxter and this is bloomberg brian it was a thank you very much the time here just about seven minutes past the hour let's take a look at some of the top business stories of the hour open ai sisters are seeking the return of co -founders sam altman to a leadership role at the firm and microsoft has signaled that he would not oppose such an outcome we hear that thrive capital kozla ventures and tiger global management are all looking to secure their investment after the open ai board forced out on friday microsoft shares in this latest sessions were up more than two percent on news that the company was hiring open ai co -founder sam altman and also greg brockman but nearly all of open ai's employees have threatened to quit and follow altman to microsoft unless the current resigned board we heard from microsoft ceo such an adult surprises about and how we just want to make sure that things are done in a way that will allow us to continue partner well that's about it right you know we will definitely ensure that some of the changes that are needed to happen and and we continue to be able to go along on the partnership with uh open ai that's microsoft you know satya nadella in the meantime open ai's board replaced sam altman with emmett shear the former ceo of twitch if altman were to go back what would happen with emmett shear question well we that's can't a answer at this time city group is cutting more than 300 senior roles of of management it's all part of ceo jane fraser's efforts to simplify the firm's operations bloomberg's jenny serrain says these cuts are just the beginning of another round of restructuring it's basically going kind of line by line or layer by layer of the bank and rejiggering the entire organization to look like what jane's executive management team looks like and so you know she got rid of their two main operating units they used to have the institutional business and a consumer business and now they have kind of five core businesses instead she got rid of the regional heads you're and so gonna see just like the rest of the company start to look a lot more like that that's bloomberg's jenny brain even before the restructuring plan began city group had racked up about six hundred fifty million dollars severance charges i was part of cutting some seven thousand positions over the first nine months of year this the u .s. justice department is seeking more than four billion dollars from binance holdings this would be part of a proposed resolution of an investigation into the world's largest crypto exchange mary shanali bassett has more on the d o j investigation now this is a years -long pro by the justice department into finance to look at alleged money laundering bank fraud sanctions violations and this would create an end to that saga for finance versus the justice department as bloomberg shanali bassett we hear an announcement could come as soon as the end of the month though the situation remains fluid the federal government in the united states is making a big commitment here in boosting the domestic packaging ship packaging industry let's get the story from bloomberg's tom busby the u .s. commerce department is launching a three billion dollar program the first major research and development investment from the twenty twenty two chips and science act to boost the domestic chip packaging industry that's the process of putting together individual chips for use in cars phones even nuclear missiles an area that's now dominated by asia the u .s.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Fresh update on "six hundred" discussed on Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
"In today's show, I'll be breaking down the latest Bitcoin technical analysis and breaking news just in. Check this out. President of Columbia met with Samson Mao to discuss how Columbia can adopt Bitcoin as a legal tender. Let's go. And also breaking news. Asset manager Panda joins the Bitcoin spot ETF line, filing with the SEC today. They are now application number 13 and their firm is out of Texas. And quoting Max Keiser, Bukele Nomics forges a path forward for states who also embrace a Bitcoin standard. It's got radical transparency and accountability and also recognizes the benefits of subsidizing and maintaining the public domain. Also breaking news. Mr. Rat Poison squared himself, Charlie Munger has officially died at age 99. We're also going to be discussing Jack Dorsey wanting to decentralize Bitcoin mining with a brand new investment. We're also going to be sharing clear the runway open for all Bitcoin ETF approvals in January. According to the top ETF analysts will also be discussing spot Bitcoin ETFs have almost 100 million dollars in assets under management in Brazil, led by the Hashdex offering. Also in today's show, billionaire Peter Thiel, he predicts Bitcoin to 100x to $4 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 kryptonewsalerts.net. Again, that's crypto news alerts.net. Today is podcast episode number 1476. I'm your host JV. And today is November 29th, 2023. Just one more day of Moonvember until we hit December. And you already know January, we got some ETF deadlines. And then April, the block subsidy halving for 2024 is going to be lit, to say the least. But let's kick it off as we do each and every day with our market watch. You should be able to see coin 360 on your screen. It shows you Bitcoin and the rest of the alts are currently correcting and in the red, but maintaining around the 38,000 level, just shy, currently sitting at 37,882. Yesterday, we almost recested the local high for past 18 months, which is 38.5. We hit about 38.3 and then we got pushed back down under 38. We have ether still trading above 2000 as XRP, Cardano and BNB are all correcting and in the red and checking out coinmarketcap.com. The current crypto market cap sits at $1.42 trillion with 55 billion in volume in the past 24 hours up 20%. And the Bitcoin dominance is at 52.1% with the ether dominance at 17.2%. And checking out the top 100 crypto gainers of the past 24 hours, we have iota massively leading the pack of 54% on the day trading just under 27 cents, followed by terra classic USD up 22% trading at 5.4 cents, followed by block stacks of 5% trading just under 75 cents. Now which altcoins if any, are you most bullish on for this bull run? Please let me know in the bubbles so we can see a broader perspective of the current altcoin market. You can see the majority of the alts are correcting and in the red, but iota is blowing up 54%. And zooming out for the weekly, we got more in the green, clearly the majority and some nice gains as well. And if we zoom out for the month, virtually everything is in the green with pretty substantial gains, even ftt scam coin up 208% and only a handful in the red, which includes hex, ehex and Bitcoin cash. And checking out the crypto greed and fear index, one of my favorite indicators, it shows we're currently rated a 72, which is greed. Yesterday was a 68, last week a 62, and last month a 68 in greed. So there you have it, my crypto fam. How many of you are let me know. And with that being shared, let's check out the Bitcoin price action. We call that, what do we say here? That's astrology for men. So let's break this down, check out the charts where the Bitcoin price action is likely to go next. Right here, Bitcoin shrank back from resistance after the November 29th Wall Street open as the US GDP figures beat expectations. Right here, you're looking at the Bitcoin one hour candle chart. Now data from Cointelegraph followed a familiar Bitcoin price retracement on the short timeframes. The bulls had managed to propel the market above 38,000 the day prior. I think we hit 38 three only to flip flop around that level before ultimately dropping as the US macro data hit. This showed quarter three GDP accelerating beyond the anticipated levels coming in at 5.2% versus 4.9%. This renewed concerns over how the Federal Reserve might handle policy ahead of an interest rates decision in mid-December, quoting the Kibisi letter here. 5.2% is the final reading. It will mark the highest GDP growth since quarter four of 2022. Now can the Fed achieve a soft landing? What are your thoughts, fam? Let me know. Kibisi referenced words from Bill Ackman, the CEO and founder of hedge fund Pershing Square Capital Management, who the day prior had gone on record to predict the Fed rate pivot as soon as quarter one 2024. Quoting him here, yesterday, Bill Ackman bet on a hard landing with rate cuts beginning in quarter one. Now currently, futures don't see rate cuts beginning until June of 2024. And according to data from the CME Group's FedWatch tool, it showed marginally increasing bets on a further hike in December following the GDP release with further key data due November 30th, which is tomorrow, Thursday. The odds of a hike stood at 4.2% at the time of this recording. Now, meanwhile, analysts continue acting in a familiar style from the recent days as far as the price action. Bulls still failed to crack a key resistance beginning at 38.5. That's the line in the sand we need to smash, and then we're heading onwards and upwards just FYI. Despite some being confident that an assault on 40,000 would ultimately result, no HH or breakout confirmation yet referring to a higher high, eyeing a sweep of 37.3 area and a higher low setup for the higher high. According to popular trader Sku, as he shares here on X Bitcoin with the four hour chart, no higher higher breakout confirmation yet, eyeing a sweeping of 37.3 area and a higher low setup for the higher high. Let me know if you agree or disagree. And we also have Dan Crypto Trade suggesting a period of flatter Bitcoin price performance could now enter before a fresh bout of upside volatility. Quoting Dan here, price took out some liquidity above and below. Would not surprise me to see some more sideways chop for both sides to build up more positions before the next bigger move. Let me know if you agree or disagree with the sentiment. And I potential downside opportunities. Crypto analysts, me, Calvin, a pop flag, they range between thirty three and thirty five thousand, which is a popular zone based upon the liquidity. Quitting the analysts here. Markets are consolidating, giving opportunities. Still no breakout. A Bitcoin above thirty eight thousand. If we continue to make higher lows, higher highs, a breakout seems to be happening soon. Structure loss buying at thirty three to thirty five thousand. So there you have it. My crypto fam. Let me know if you agree or disagree with this sentiment from the analysts. I also like to point out, like clockwork, the mystery whale adds an additional six hundred and twelve point five Bitcoin to their balance this morning for a total of eleven thousand five BTC. And a quick shout out to Krista Donnelly. I appreciate you sending your very first super chat ever and supporting the show. It means a lot. So massive shout out. Appreciate the love, my fam. But back here, as you can see, this is the sixth straight day of adding over five hundred BTC. So who is this mystery whale? Who do you think, fam? And oddly enough, in the middle of last night, they added a single TX of thirty eight hundred and seventeen cents for a dollar forty five. So what's up with this mystery? Let me know. Could this be a massive institution such as a BlackRock buying Bitcoin? Let me know what your thoughts are. And also check this out. Major news. Shout out to Samson Mao, the president of Colombia, met with Samson Mao and Jan three to discuss how Colombia can adopt Bitcoin. Let's freaking go. You already know how massive this would be. I've actually lived in Colombia. I lived in Medellin for six months, a few years back, and I had a great time there. I think this would be massive for adoption of Bitcoin. Clearly, you got Samson Mao making some moves, helping usher in this Bitcoin adoption. He's working with some of the leaders in Mexico and in Africa and all around the world, making big moves. So let's go. In which country do you feel will likely adopt Bitcoin next as the legal tender? Could it be Argentina? Could it be Brazil? May it be Colombia? What are your thoughts, fam? Let me know. Also, breaking news. Asset manager Panda joins the Bitcoin spot ETF line, filing with the SEC today. Now, Panda is a firm out of Texas, and this makes application number 13, and they are on the back of the line. So Mr. Gary Gensler, when are we going to get some clarity? When are we going to get these ETFs approved? There are so many just awaiting, and he's the only man standing in the way. And quoting the high priest of Bitcoin, the one and only Max Keiser, Bukele Nomics forges a path forward for states who also embrace a Bitcoin standard. It has got radical transparency and accountability, also recognizes the benefits of subsidizing and maintaining the public domain. And if you haven't watched the new interview, well, it's not necessarily an interview, but it's a speech of Bukele. It's very, very powerful. And he's basically saying he's going to be focusing on his new campaign running for president 2024 in El Salvador, and basically saying that nobody can be crooked within his party because he is clearly a good president, not crooked. He's not taking money or stealing money like a lot of politicians do, and he doesn't want anyone represented in his party to do so either. Otherwise it would tarnish his image. So he said the attorney general and the forces that be are going to be looking into everybody who is a part of his party because they will not tolerate it. So you got to give respect where respect is due. Shout out to Bukele and the beautiful people of El Salvador. Breaking news, Charlie Munger, the man who infamously called Bitcoin rat poison squared is officially dead. That's right. He died at age 99. Let's break this down. Check this out. Here we go. Charlie Munger, the longtime business partner and right hand man of Warren Buffett and vice chairman of the multinational holding company, Berkshire Hathaway, died at the age of 99. And what's ironic, he would have been 100 just in like another month in January. The company announced just that was yesterday. Munger's proclamations, much like Buffett's, were often eminently quotable takedowns about investments and few assets raise his eerie like Bitcoin, quoting him here. I think it's rat poison, he famously said all the way back in 2013 when Bitcoin was worth 150 bucks. And when asked to five years later when Bitcoin was trading at 9000, he said it is more expensive rat poison. And when pressed on the returns, some Bitcoin investors were able to make, he called them idiot booms that harm the United States. Now, we all know he was like one of the biggest, if not the biggest Bitcoin troll. Berkshire Hathaway annual meetings were often called Woodstock for capitalists and putting Munger and Buffett on stage was a top draw and asking about crypto was a reliable way to get them to use colorful language. That's right, putting him here in my life. I try to avoid things that are stupid and evil and maybe look bad in comparison with somebody else. He said in 2018, Bitcoin does all three. Shout out to Lee. I greatly appreciate that super chat. Let me read your comment out loud. Bitcoin maxi here, dollar cost averaging since 2017, but everyone knows about Bitcoin. So I've been spreading the word about Jesus coin. God bless your family, friends, mods and subs. Thank you, fam. I greatly appreciate you supporting the channel. Much love, much respect. Back to Munger, quitting him again. It's stupid because it is very likely to go to zero. It's evil because it undermines the Federal Reserve System. That is the most hilarious comment I have ever heard. And third, it makes us look foolish compared to the communist leader in China. What's up with that? Now, Xi Jinping was smart enough to ban Bitcoin in China. We're a lot dumber, said Charlie Munger. I mean, you got to laugh at all this at the end of the day. Three years later, Munger was still fuming, quoting him again. I just think the whole damn development is disgusting and contrary to the interests of civilization, he said early 2022, comparing crypto to a venereal disease, deeming it beneath contempt for Christ's sake. Now, obviously, you took this personal. Even at 99 years old, he mustered more fiery condemnation at the Daily Journal Corporation annual meeting earlier in the year, quoting him again. Sometimes I call it crypto crapple. Sometimes I call it, well, crypto-ish, he said, going on to use the term a half a dozen times during the course of the conversation. It's ridiculous that anyone would buy this stuff. It is asinine. It is not slightly stupid. It's massively stupid. It's very dangerous. The governments were totally wrong to permit it. I am not proud of my country for allowing this crypto-ish. It's worthless. It's no good. It's crazy. It'll do nothing but harm. Now, very interesting. It's not that the government permitted it. It's because the government can't stop it. It's free speech. It's protected by our First Amendment right. Just saying. Now, while Munger's attacks ruffled crypto backers, his candor was lost along part of Berkshire's offering investment wisdom almost as quotable as the Oracle of Omaha himself. Berkshire Hathaway said Munger died peacefully in a California hospital. Buffett paid tribute to Munger's inspiration, wisdom and participation in building Berkshire into a conglomerate it is today. So there you have it. What are your thoughts on the passing of Charlie Munger? Are you going to miss him? Are you going to miss his rants against Bitcoin? Are you glad he perished? I'm just curious. Whatever your thoughts are, I'll read them out loud. Appreciate it. But anyways, fam, let's dive into our next story of the day. Now that we broke down the latest with Munger passing, let's discuss this new decentralized mining project with Jack Dorsey. And I saw some pictures with Jack and Max and Stacey just the other day. So let's break down the latest of what's going on here. Twitter co-founder and Bitcoin advocate Jack Dorsey is back in a new Bitcoin mining pool to help the miners regain control of the block rewards and transaction fees. Dorsey led a 6.2 million seed round for Mamolin, the parent company of the new decentralized Bitcoin mining pool called Ocean. According to the announcement today, November 29th, the seed funding will support the launch of Ocean, which is designed to decentralize and reshape the process of Bitcoin mining. The mining pool specifically aims to provide more mining process transparency and enable the miners to receive block rewards directly from Bitcoin rather than from the Bitcoin mining pools. Interesting. Now, Luke Deschir, Mamolin's co-founder and longtime Bitcoin core developer, believes that the role of the mining pools must change for Bitcoin to exist as a truly decentralized currency. Quitting him here, Ocean is a new type of pool that enables the miners to be truly miners again. We are launching at the most transparent pool and also the only non-custodial pool where miners are the recipients of the new block rewards directly from Bitcoin. Now, Mamolin co-founder and President Marc Artemikov stressed that traditional Bitcoin mining pools take exclusive custody of the block rewards and the transaction fees before distributing them amongst the miners. This gives them the ability to withhold payment from individual miners, whether by their own choice or by legal requirement. And quoting him again, Ocean's non-custodial payouts directly to the miners from the block reward remove this risk and the pool's undue influence over the miners. So committed Ocean supporters of Dorsey, they're confident that the platform will solve the problem of further centralization of pools and mining pools that could plague BTC. Quitting him here, when I see a project that is good for Bitcoin broadly and that's also good for me and my companies personally, it becomes a simple decision for me and I am happy to be a part of it. So there you have it. The launch of Ocean was announced at the Future of the Bitcoin Mining Conference in the shadows of Barefoot Mining's 150-year-old hydroelectric dam in rural South Carolina. Now Barefoot Mining, the first client of Ocean, has fully repurposed the dam, converting excess energy to Bitcoin mining at scale. Now Ocean's launch comes 139 days before Bitcoin's fourth halving, expected to occur April 17th, 2024, roughly five months out, cannot wait. After the halving, the current six and a quarter mining reward per block will drop to 3.125 BTC, significantly decreasing the incentives for the Bitcoin miners. So there you have it. What are your thoughts on this decentralized mining project with Jack Dorsey? And how many of you have any experience mining Bitcoin? Please do let me know, fam. And are you pretty ecstatic for the halving? How many will be your very first halving? Is this going to be your second, third, fourth halving? Please do let me know. And with that being shared, let's break down the latest of what's happening with these Bitcoin ETFs, shall we? Apparently, we got the green light to go in January, so let's break this down. Bitcoin Spot Exchange traded funds in the United States now have the clear runway to potential simultaneous approvals after an advanced decision to delay the bids of Franklin Templeton and Hashdex ETFs, according to analysts. And a November 28th post-Bloomberg ETF analyst, James Safart, said the US SEC delayed its decision on the applications 34 days earlier than January 1st's 2024 decision deadline. The SEC requested comments on forms by Franklin Templeton and Hashdex that are necessary for the ETFs to eventually be listed to begin trading. The comment and rebuttal period will last for 35 days. Now, Safart and his colleague, Eric Balchunes, placed 90% odds on Spot Bitcoin ETF approvals by January 10th, 2024. What is that? Roughly 45 days out, so mark that date in your calendar, fam. And the twin delays all but confirms for me that this was likely a move to line every applicant for potential approval by January 10th, 2024 deadline, according to the expert himself. Now, Balchunes agreed post into X that the SEC was probably looking to get them out of the way, clearing the runway, quitting him here. Update, wow, the SEC went super early on Franklin. They weren't due for another decision until January 1st. Notably, Franklin is the only issuer who didn't submit an updated S1 yet. Wonder if that will have any impact here. And you can see the second deadline being January 1st of 2024 for Franklin. Now, scrolling down a little bit more, he also said probably looking to get them out of the way, specifically to clear the runway. And commercial litigator Joe Carlessar thinks the delays increase the probability of a March 2024 approval as the comment period for Franklin's ETF bid was extended till January 3rd of next year. And the SEC typically takes a maximum of three weeks to review the comments. Quitting Joe here on X, the Franklin Bitcoin spot ETF comment period now extends until January 3rd. The SEC typically reviews comments for at least two to three weeks. Therefore, although it's not guaranteed, this increases the probability of a March approval. January is still likely the favorite, though. So there you have it. Let me know in the live chat. There is a live poll right now. When do you feel we get the green light for the ETF approvals? Please do let me know. Cast your vote. Now, January is still his favorite, later estimating it to happen January 5th or the 8th. Now, on November 28th, Franklin also submitted an updated Form S-1 for its ETF, a document registering their securities with the SEC. And after Safart had earlier highlighted, it was the only bidder yet to submit an updated prospectus. And reacting to the filing, Balchuna said he is in favor of letting all the ETFs launch simultaneously. It seems kind of unfair that Franklin might be allowed to launch its ETF the same day as other providers, despite submitting the form months later. And he makes a great point there. So let me know your thoughts. He also shared, while I'm generally in favor of letting them launch at the same time, Franklin jumped in so late versus these others, like five months after ARK filed, yet they may be able to launch the same day. Seems unfair. Now, there's currently, now officially 13, because there was a new one just added today, as I shared with you earlier, ETFs sitting on the desk of the chairman, Gary Gensler, including bids from Grayscale and BlackRock, most have final decision dates in March besides ARK's invest bid with the SEC, which must approve or deny by January 10th of 2024. So there you have it. My crypto fam, when do you feel they're likely to give us the green light? When do you think the ETFs will finally launch? And how do you think this will likely impact the Bitcoin price action? Let's now dive into our next story of the day. We discussed the Spot ETFs in the United States. Now let's discuss the Spot ETFs in Brazil, shall we? Check this out. Spot Bitcoin ETFs have almost 100 million already in assets or in management in Brazil, led by Hashdex. Let's go. As investors continue to await the approval of the Spot ETF in the United States, a check of Brazil finds hefty demand for such vehicles, which have been trading in the country for more than two years. Together, those ETFs have $96.8 million of assets under management as of November 21st, led by Hashdex's Nasdaq Bitcoin reference price, FDI, with $57.8 million as of November 21st, or a market share of roughly 60%. And that comparison, the largest ETF in the nation, iShares, has $2.41 billion in assets under management and is the second largest. The iShares small cap has $1.19 billion and for reference, the largest US ETF has roughly $430 billion in assets under management. So according to Marcelo, the CEO and founder of Hashdex, the success of Bitcoin ETFs in Brazil is the result of the pro-market digital asset regulation and growing interest from large institutions for said products. Quoting them here, there is a growing positive sentiment across the most sophisticated investors and we have been seeing increasing interest from some largest institutions, whether they be either allocating or considering adding crypto soon to their portfolios, said Sam Xiao in an interview with CoinDesk. Hashdex spot Bitcoin ETFs started trading August 1st of 2021. Like, whoa, they've had a spot for that long. Crazy. I mean, Gary, clearly you're doing something wrong, bro. Just saying. Hashdex also offers a crypto index ETF that includes Bitcoin, Ethereum and other cryptos and which garners a lot more investment than the spot Bitcoin ETF. Now combined Hashdex's crypto related ETF assets under management is currently sitting at roughly $500 million. That's half a billion. Hashdex is also amongst those with outstanding applications for spot Bitcoin ETFs with the US SEC. The agency, as it's done with other applicants as of late last week, delayed any decision on the Hashdex filing. Other spot Bitcoin ETF providers in Brazil include ITAL, the asset management, which teamed up with Mike Novogratz's Galaxy Digital to launch a fund last year and an offering from QR Capital, which launched in 2021, has $36 million in assets under management. According to the data from Hashdex, there has traditionally been a lot of interest in crypto ETFs from the Brazilian public, said Silva, a managing partner of Tagus Capital, and the number of investors in digital asset ETFs will only continue to grow. That's right. Let's go. There are about 4 million investors with accounts at the B3 stock exchange in Brazil and around 700,000 of these invest in ETFs. About one third of those investors allocated funds to crypto ETFs just last year. So a reason for a strong appetite in ETF investing in Brazil might be due to the low fees. According to Silva, ETF fees in Brazil range from a half a percent to one and a half percent, which is considerably low compared to the other products in the market. So there you have it, my crypto fam, Brazil. Let's go. Do you think Brazil can potentially adopt Bitcoin as a legal tender? Let me know your thoughts as there has been a lot of talk about that. But now let's break down our feature story today. Billionaire investor Peter Thiel and one of the original PayPal founders. He predicts Bitcoin to 100x to $4 million per coin. In fact, he was one of the keynote speakers at the Bitcoin Miami conference in 2022. How many of you were at that conference? I was there with my brother. It was pretty lit. There was probably over 20,000 people in the audience. We had a lot of Bitcoin influencers there. You even had Serena Williams, Frances Ngannou, you name it. It was pretty awesome to say the least. But anyways, let's break down this major story. And then I'm going to be sharing a little bonus prediction from you from Michael Saylor predicting Bitcoin reaching $5 million per coin. And if we have time, I'll even throw in a Cathie Wood update prediction as well about Bitcoin hitting $1.48 million per coin, which is her bullish scenario. But first and foremost, billionaire PayPal co-founder Peter Thiel shared the list of enemies stopping Bitcoin from rising 100x. This was last year while speaking at the Bitcoin 2022 conference of Miami, Florida. Quoting him here, the enemies list is a list of people who I think are stopping Bitcoin. There is a lot of them. They tend to have nameless faceless bureaucratic perspectives, which of course is one of the ways in which they hide. Now check it, he said, we are going to try to expose them and realize that this is sort of what we have to fight for for Bitcoin to go up 10x or 100x from here. Now FYI, at the time he gave the speech, Bitcoin was hovering just above 40,000, probably close to the $42,000 level. So 100x from the time he made the prediction would mean a $4 million plus Bitcoin price action. Now the central banks are going bankrupt. We are at the end of the fiat money regime. Preach. 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, rat poison, and I don't own any and I never will. He opined, I think the sociopathic grandpa of Omaha, that's the best name by the way, is perhaps the most honest and most direct in it. Thiel further noted Buffett has a bias that makes him long on the fiat money system and money managers who follow Berkshire Hathaway's executive advice will pretend it's complicated to invest into Bitcoin. Now the next person on the list of Bitcoin enemies is the infamous JPMorgan Chase CEO, Jamie the tapeworm diamond. Thiel put diamonds picture up with the following quote, I don't call them cryptocurrencies. I call them crypto tokens because currencies have rules of law behind them, central banks and tax with authorities. Now Jamie Dimon also once called Bitcoin a pet rock and threatened any of his employees at JP Morgan would be fired for trading Bitcoin and that same week he was purchasing over 400 million worth of Bitcoin for his trading desk. So listen to none of these fools, they know what's up. They understand the power of Bitcoin, but they're just here to deceive you. The next picture he put up, you may find this interesting, is the BlackRock CEO, Mr. Lawrence aka Larry Fink with the following quote, I see huge opportunities in a digitized crypto blockchain related currency and that's where I think this is going. Now, interestingly enough, Larry Fink is the CEO of the largest asset manager in the world, BlackRock. He once called Bitcoin an index for money laundering. He was heavily anti Bitcoin and anti crypto, but now he has changed his stance, complete 180, embracing Bitcoin and looking to launch their own Bitcoin ETF as well as an Ethereum ETF. Now next up, here's what he shared. 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 them brought up environmental, social and governance standards, elaborating the label they've come up with and perhaps the real enemy is ESG. I think that ESG is just a hate factory. We all know they were pumping that massive FUD. Even Elon was buying into this narrative, right? Would stop accepting Bitcoin payments to buy Teslas, right? He stressed, you can always ask the questions, what's the difference between ESG and CCP, the Chinese Communist Party. When you think ESG, you should be thinking CCP. So much respect to Thiel for calling them out on this. You got to have balls. It is the finance gentocracy that runs the country through whatever silly virtual signaling hate factory to them like ESG that they have, 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. Now I must also share Peter Thiel dumped the majority of his Bitcoin position at the height, roughly at around the time of the conference, because that's what I read. So I just wanted to share that to be 100% transparent. Now for Michael Saylor. Saylor revealed three catalysts recently, which will take the Bitcoin price, the 5 million per coin. Here are the three catalysts. Spot Bitcoin ETF approval, which is inevitable. Again, 90% likelihood we get the approval in January. Then number two, banks custody and lend against Bitcoin as collateral, which we all know is coming soon. And number three, fair value accounting rules, which have already been approved. So there you have it. This alone, those three factors can send Bitcoin to 5 million per coin, but let's dive down a little deeper quoting Michael Saylor from an interview I transcribed and shared here on X that got a lot of retweets and a lot of love. So I think you guys will like it. I think there are only three things relevant right now. And here are those three things that having is coming with 100% certainty facts. And as far as I can see, most of the Bitcoin in the market is the Bitcoin miners that have to sell in order to pay their electricity bills and pay their debt expenses as well as their operating expenses. So that amount of selling pressure is going to be cut in half in a few months. So we know that's coming. And then we know there's a spot Bitcoin ETF coming. And when that comes, we plug into wall street and the entire banking system. And then finally the fair value accounting is coming. And when that happens, the objective will all go away. Now you're going to introduce this as a conversation into hundreds of boardrooms. They will not move in a week. They move quarterly, but over the course of 12 quarters, you'll start to see company after company looking at this, and you'll start to see a reallocation of assets. At the end of the day, corporations only hold two assets. They hold cash and they hold bonds. And so a Bitcoin is available as an asset para pursue to a bond. Then you'll see a reallocation from bonds and into Bitcoin. And then in the institutional investor side, you've got all these people holding real estate, holding commodities, holding gold, holding ETF and SPF SP indexes, the light. And as so we start to reallocate and they will 1%, 2% and then 5%. Then you're going to have something that has never happened in the history of the world, which is you got an ETF on a commodity that is scarce. Every other ETF in the world is on an asset that is not scarce. It's inflationary facts. You can go to make more buildings. You can make more real estate. You can make more gold. You can make more commodities. You can make $4 billion worth of any of those things. The underlying producers produce more of the asset or deflate or to depreciate the price. But with Bitcoin, with $100 billion of flows into the Bitcoin spot ETF, there won't be any ability for any producer to produce any more Bitcoin. And so you really can't compare it to the spot and ETF of gold because gold is an inflationary asset and you can't compare it to an ETF on real estate or on bonds or on equity. You really have to say this is the first time we've ever plugged Wall Street into an asset you cannot produce any more of. That's right. This will actually represent true price discovery in an ETF market for the first time in human history. And this is such a big deal. That's why we're entering unprecedented times, fam. And so nobody knows what will happen, except that if the reason from first principles, you know that it's actually going to perform better than all the other asset ETFs, because the underlying fundamentals are just better. But let me lay out three possible ways to invest in Bitcoin. One, if you buy Bitcoin, the underlying asset, which is what most of us do. We self custody our crypto. That's no brainer. The second, you buy the spot ETF, or the third, you buy micro strategy. OK, we talked about the headaches buying Bitcoin, the underlying asset. You can do it on a crypto exchange. You can put the place of parallel custody, compliance, compensation, control systems, so that the challenge of that. But the closest thing and the most compelling idea for a plain vanilla Bitcoin investment of an institutional investor is to buy the spot ETF. You'll be getting one to one correlation, meaning they actually have to hold on their balance sheet the Bitcoin as an underlying asset, whereas with futures markets, they don't hold any of the Bitcoin. It's all paper derivatives, weapons of mass destruction. Just saying. So for one million, you're getting in one million range of Bitcoin. What's the positive? It's marginal. It's good collateral. I can buy in a second with no money down. I don't need to build the parallel custody control compensation system. So all of my problems are handled by Wall Street. What's the cost? That's 50 to 100 basis points per year. OK, so if I charge you one percent per year over the course of 20 years, over the course of your lifetime, it kind of means I take 20 percent of the money you invested at one percent. So do note that if you invest for the long haul into a spot ETF over the long haul, they're taking 20 percent of your investment. That's a lot right now. There is a cost. 50 basis points means I get 10 percent of your money approximately. But having said it all, I would pay you 50 to 100 basis points in order to be plugged into Wall Street. It's not a problem. It's a lot better than the alternative, which is to rebuild all their systems and then finance themselves. So micro strategy is not that micro strategy you can think of as a levered, long Bitcoin company that pays you a yield. Listen up. OK, so I'm not going to call it an ETF because we're not a financial company, but we have four point four billion dollars plus of Bitcoin and two billion plus worth a debt. Shout out to zero. I appreciate that. Super chat fam. Much love. So what we have done is we have levered the balance sheet with debt that costs us about one and a half percent of interest. So micro strategy takes advantage of its positions as an operating company to do something that an ETF cannot do. An ETF can't issue junk bonds. An ETF can't issue convertible bonds. An ETF can't do like an ATM like we could do. And an ETF can't buy Bitcoin with cash flows. We have a lot of flexibility as an operating company and we don't charge that fee. We have four and a half billion a Bitcoin, but we don't charge 45 million per year. So the real idea here is what if I created an investment vehicle that paid you a yield instead of charging you a fee? Well, that's possibility with micro strategy. And what if I was able to borrow money at one and a half percent interest? I borrowed a billion dollars at zero percent interest and bought Bitcoin with it. Hey, how do we get the Michael Saylor deal? How do we borrow a billion dollars at zero percent interest and just buy all the Bitcoin in the world? I want that deal. Wouldn't you guys? Let me know. Let's give you a theoretical. If you get a two percent yield instead of paying a one percent fee, it's a 60 percent difference over the lifetime of your asset. So if you have a billion dollars invested and you're getting a two percent yield, you're actually picking up 20 million a year instead of paying 10 million a year. So the dynamic of the company is very important. So you can imagine that if I don't charge you a fee and if I don't have cheap leverage, the stock, the benefit accrues to the common stock shareholders. Because I went and I borrowed two point two billion at one and a half percent interest and I bought Bitcoin with it. So what's the logical theoretical yield of Bitcoin? Is it more than one and a half percent a year? Well, let's say it's 15 percent a year. Then we're scraping 14 percent positive yield off of the debt. And so that would be 14 percent of a billion dollars or more, which is actually 14 percent, a two point two billion. So that would be 300 million a year. That accrues to the benefit of the common stock shareholders. You see, this is the benefit of being your operating company. We can every quarter choose what to do. So some quarters we would issue junk bonds, other quarters we would issue convertible bonds, other quarters we would sell the equity, other quarters we just use our own cash. So the answer is there's always going to be a good market and there's always going to be a bad market. There are things you should do and there are things you shouldn't do. So MicroStrategy, to make a long story short, is a bit more complicated than a spot ETF, right? If you want something plain vanilla and simple, that should basically correlate one to one to Bitcoin after you pay the fee, then you buy the spot ETF. But if you wanted to actually try to outperform Bitcoin, like MicroStrategy outperformed Bitcoin, our performance over the course of three years is higher than Bitcoin's performance. So if you want to outperform Bitcoin or outperform the spot ETF, you would do that by creative financings. Like for example, if our stock trades at a 30% premium and the underlying assets will sell a billion dollars of equity, equity will actually capture 300 million of accretion to our shareholders. So there you have it coming directly from Michael Saylor. And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q &A. And I look forward to seeing you on tomorrow's episode.
Bloomberg Radio New York
"six hundred" Discussed on Bloomberg Radio New York
"Fork over like six hundred fifty thousand dollars to make one of these things. When do I get paid back for that? it's Yeah really years to amortize the cost you know we just spoke about the cost per charger while you're talking six hundred seven hundred thousand dollars per station so you're in in the hole immediately upon putting the station in the ground. Aren't there subsidies at this point to help with that specific problem? the subsidies yes I mean you did what the EV charging providers really are banking on is the utilization the station. The utilization has to go higher to make these investments and infrastructure worthwhile. We're off to a very very slow start when it comes to the public subsidies you know the seven hundred seven point five million billion dollars under the bipartisan infrastructure law. So far they've only allocated twelve percent of last year's funding and just three percent of this year's funding. Hear the full a conversation on the latest edition of the Bloomberg Intelligence podcast. Subscribe on Apple, Spotify and anywhere where else you get your podcasts plus listen anytime on the Bloomberg business app and bloomberg .com the market. Using Sportsbook app now and and use code I heart. New customers can get one hundred fifty instantly in bonus bets for betting just five on basketball. all. Only on DraftKings Sportsbook with code IHARD. The crown is yours. Gambling problem? a problem call 1 -800 -GAMBLER or visit 1 -800 -GAMBLER .net 21 and over age varies by jurisdiction void in Ontario EVGO. Bonus bets expire 168 hours after issuance. See sportsbook .draftkings .com basketball terms for eligibility the market. Pop culture is always evolving holding and those changes impact our lives in ways that are both visible and not
The Dan Bongino Show
Fresh update on "six hundred" discussed on The Dan Bongino Show
"Go you you right i got a lot of audio for you coming up after the break you want to give us a call this hour by the way it's eight four four four eight four three eight seven two eight four four four the usa is the number but coming up folks these videos that are going viral on tiktok and reels instagram instagram reels the same thing facebook twitter true social there are videos going absolutely wild of people complaining about the cost of living the biggest crisis the biden team has right now politically without is question inflation it is kicking everyone in the gonads everybody's hurting and these videos are causing them such a headache that they're trying to work with tiktok to suppress this stuff i talked about it the other day they can't take it i'm going to play another one of these for your woman saying listen i gotta rack up debt on my credit card i got a decent job just to stay alive these days i also got a couple other things as well trump got a really interesting endorsement and gonna i'm stick to my guns on this because i believe it i don't change my mind based on who the candidate is endorsements ladies and gentlemen are not really that big of a deal i'd rather have them than not but they don't really move the needle well having said that if i was going to get an endorsement i actually prefer endorsements from i unlikely spots .e focus groups of democrats on tv that are like hey i've seen the light trump that stuff tends to like maybe change a few minds i'll tell you what i mean about that endorsement trump guy coming up next do you have a life insurance policy of one hundred thousand dollars or more that you don't need well don't lapse or surrender your policy you might be sitting on a gold mine that's right you may be able to sell all or part of your life insurance policy to coventry for cash or a combination of cash and coverage with no future premiums even a term policy call coven tree direct at eight hundred four one six zero six six or hundred visit coven tree direct dot com to find out if you're sitting on a gold mine that's eight hundred four one six zero six hundred for over 25 years we've helped thousands of people people sell their policies and we can probably help you too call us today at 800 six zero six hundred or visit coventry direct .com to find out if you're that's eight hundred four one six zero six ten you it's a major but not so happy anniversary for former alderman ed burke news
CoinDesk Podcast Network
A highlight from THE PROTOCOL: Krakens Potential Layer 2 Development and Coinbases Influence
"Dive deep into the blockchain realm with The Protocol Podcast with Coindesk founding editor of The Protocol newsletter Brad Count and tech journalists Sam Kessler and Margo Nykerk. They unravel the intricate technologies powering cryptocurrencies like Bitcoin and Ethereum one block at a time. Just a reminder, Coindesk is a news source and does not provide investment advice. Hello and welcome to The Protocol Podcast. I'm Brad Count here with my co -hosts Margo Nykerk and Sam Kessler. Please first don't forget to subscribe to our weekly newsletter The Protocol on Coindesk .com. And real quick, let's just take a second. We've got Sam Kessler here. He's actually missed a couple of our recordings over the past few weeks because he was down covering the Sam Bankman free trial, which is a story that Coindesk owns. Or we did break the story that led to the ultimate collapse of his business empire. Sam, you've been down at this trial and just like getting up at what, like 3 a .m. to get in line to get in the courtroom. Tell us what has it been like covering that trial? Yeah, it was a crazy experience. I'm glad to kind of be back to my normal life. Like you said, some days you had to wake up as early as 3 a .m. Somebody showed up at 10 p .m. the previous evening once to see Sam testify. I was not that crazy. I can only do that a few times the early day. But anyway, overall, it was a pretty insane experience. And yesterday we did sort of a panel with Coindesk reporters, four of the five Coindesk reporters who have covered this throughout the month long run of the trial to hear from members of the crypto community about questions they had and reflections on what was going on. And one of the questions that we received was around whether this trial was, in fact, the indictment of the cryptocurrency industry that everybody in the mainstream seems to frame it as. Or is this kind of this anomalous thing that exists outside of crypto, particularly because FTX was a centralized exchange? The question being, why did it feel like such a big deal? And I think the place where we all landed, like why this got the sort of breathless coverage that it did is because there is a difference between the crypto technology and the crypto industry. And I do still feel and I think those the folks who joined me on the panel agreed that this whole thing, even though it doesn't say much about the technology that undergirds all of these projects that we talk about on this podcast, this whole fiasco was an indictment of the crypto industry. The money, the attention, the focus, you know, the panels that people are willing to go on with Sandbank Manfried all just go to show that it does matter. The companies and the folks who we associate ourselves with cover. I mean, media plays a role in this, too, regardless of whether it has anything to do with the core blockchain technology itself as a centralized exchange in this case. That's super interesting, Sam. I mean, one thing I would just add, you always see giant frauds around new technologies, right? I mean, it's just like inevitable. People are always taking advantage of the opacity and the incredible, complicated stuff. And I mean, we see it all the time. But it's just stuff so hard to understand that it's pretty easy to like pull the wool over people's eyes. You know, I mean, I think we can talk a little more freely about this now that he's convicted. Anyway. OK, well, thank you, Sam. We're so glad to have you here. All right. Let's get right into it now, as we say, with the latest news and developments in technology behind crypto and blockchains. In our first segment, we will be talking about Arbitrum's governance. Of course, Arbitrum is the biggest layer two network atop Ethereum. Margo covers them all the time and they are super interesting project. But Sam, you know, this story you wrote yesterday focuses on some dissension in that community. Why don't you just give us a little brief overview of what that story is? Yeah. So like you said, Arbitrum is one of the people that I might be aware, I might remember last spring when they switched over to a decentralized governance model. So they made this big shift where they launched a token ARB and allowed holders of that token to be a part of something called the Arbitrum DAO that would govern the protocol. And the thing that we're seeing here is a nod to the growing pain, one of the growing pains that we see with all decentralized autonomous organizations, which is the difficulty of reconciling the need for decentralized governance, vast networks of people governing these protocols in like the spirit of crypto, with the reality that you need some somewhat centralized or at least professionalized decision making expertise in order to guide the direction of these really important platforms. Arbitrum has, you know, over two billion dollars locked in it as of today, if I recall correctly. But anyway, in this specific case, Arbitrum's community is currently grappling with a proposal to introduce a research coalition that will be helmed by BlockWorks Research, the research arm of the media organization, Gauntlet, a risk firm and one other cybersecurity firm that's not as specific to crypto. And those folks will kind of serve as this guidepost for the wider DAO to make its decisions. And there's been a lot of controversy around how much they'd be set to get paid under the proposal that BlockWorks presented in conjunction with these other. Let's just, Margo, what were your thoughts reading this story? So, well, two things. I sort of want to know what's in it for BlockWorks. Like, why are they putting themselves forward in this kind of proposal? But also this sort of like what Sam was alluding to drew us back to last spring when there was a controversial proposal about the DAO and there was like a ratification and they started transferring tokens before like that period had even ended. So I feel like ever since that happened, there's been a lot more attention on the DAO and like the proposals it puts forward. So there's always these controversies around DAOs and like the grapple they have to do with centralization and decentralization or professionalism in that case and having some kind of an authoritative figure that will make decisions. And so I wonder if we're looking at this more with a critical eye because of what happened six months ago and because we've sort of seen some controversy with the Arbitrum DAO. But I don't know, what are your guys thoughts on that? So it's a really good question. So that event that you're talking about was essentially when the DAO was established, there was also this foundation that was established, the Arbitrum Foundation. And you see this set up a lot of times where you have a foundation, you have a centralized company that builds a product, and then you have a DAO. The foundation kind of straddles the middle where it's like a real incorporated entity. But anyway, the foundation was suddenly granted a bunch of tokens from the initial mint of ARB. And members of this new DAO who had also just been airdropped a bunch of tokens were like, whoa, wait a minute, we didn't really have a formal vote on where those tokens should go. So it essentially looked like what it was, which was the people who initially created the blockchain granting a bunch of tokens to this foundation, which people think had some links to the old organization, the firm that ran things. So the chief irony here is that the whole idea of a DAO and the whole idea of this specific proposal is to decentralize things further so that something like a centralized foundation, something like the organization that created Arbitrum don't have an outweighed role in the direction of the chain. But the irony is that people see the same centralization issues with this new format. So one of the comments that we have in this article came from one of the voters in this Arbitrum DAO who said, quote, having the same parties review and provide opinions on proposals, cover those proposals publicly via media networks, vote on proposals, review the security concerns of a proposal, and then execute the Arbitrum network upgrades is fundamentally lacking separation of powers, which is a nod to the role that all of these different entities who would be on this coalition currently serve for Arbitrum. And this person showed that these folks who would be on this coalition also hold a huge number of ARB tokens. They'd now be kind of suggesting proposals or at least giving research on these proposals that they're also voting on and have an outweighed weight in terms of, you know, I mean, it's so interesting. It gets right at the heart of this debate, you know, the topic that just keeps coming up over and over again, which is, is all of this really about the tech or is it really about the money? It's like everybody wants the money and some people are providing value. Sometimes it's hard to tell whether this is going to actually be valuable or if it's just somebody who wants money, right? I say I'm curious, the research they're talking about, what kind of research is this? Like, why do why does Arbitrum DAO need research? Yeah, it's a good question. So it's quite interesting. One of the cool things about DAOs is you can go into the governance forums of any of them and you can see people weighing different proposals and those proposals will. So when it comes to research, sometimes there's going to be financial sort of research that they'll do into like what kinds of rewards we should give users of our protocol for doing certain things like what sort of interest should accrue to a token. Not really relevant in this case, but in the future, you know, if ARB should accrue interest, which it doesn't currently, it would kind of help make that call. You'll see a lot of risk assessment. So if Arbitrum is deciding on what bridge partners to use to transact with different chains, somebody like Gauntlet might come in or the cybersecurity firm might come in and do research to determine, hey, which of these bridge partners, given the technology we use and whatever platform we're bridging to uses would be the most secure. That's something that you saw in the past blew up on Uniswap when there's questions around conflicts of interest between the people doing the research and the bridge platforms themselves. But that's the kind of research you'll see, kind of like the technical and financial. Very briefly, the reason why this, you know, bristled so many people was the fact that it would cost two million dollars over the course of a year. And based on the cost breakdown, one person wrote, can the organizations involved demonstrate their time is worth, quote, six hundred fifty dollars to fifteen hundred dollars an hour? That seems exorbitant, as in more than I pay for a Harvard lawyer's exorbitant, literally. So these folks are asking for a ton of money in exchange for their services and they've had to defend themselves. And currently the proposal is really 50 -50 in terms of whether this is a temperature check, whether it goes to a real vote. The community can't decide whether that's a fair breakdown of costs. When does the temperature check end? It ends tomorrow. It ends tomorrow. And there's still some big voters that haven't weighed in yet. So we might be talking about this next week. One thing that is kind of cool, I will say, is in companies, modern companies, you know, the CEO and the board make the decisions and, you know, shareholders do not get to weigh in real time on kind of major strategy stuff or even like line item costs, initiatives or whatever. So that part of it is kind of cool that, you know, people are voting on whether they should spend the two million dollars. So let's turn to our next segment here. Well, there's a project called The Graph, and they came out with some news this past week. We wrote a short story about that. They call themselves the Google of Web3, or they say that people call them the Google of Web3. And the idea is that what they do is they basically look at the data that's on the blockchain and then kind of figure out how to, and then deliver that to protocols or teams and for whatever they need that blockchain data from. It's sort of like, my comment was the opposite of what Chainlink does, which is deliver, you know, stuff data onto the blockchain for protocols that need it. But they came out with this new era roadmap. I mean, a lot of it's pretty technical stuff, you know, it's like features, but they, you know, the line in the story was that this was one of their biggest upgrades since they had a 50 million dollar fundraising last year. And the development team, you know, similar to the decentralization in the previous segment, there's always, there's a development team and then there's the project. The development team is called Edgenone. And we sat down with their CEO, Tegan Klein, who, by the way, I think they said she was going to go on her honeymoon this week. So shout out to you. Congrats, Tegan. But anyway, Margo, you know, you were on this call with Tegan and you wrote up the Q &A. What were kind of your big, big ideas on this? Yeah, I thought it was interesting to hear her talk about like what the graph is, like who they serve, sort of like what entities, what protocols they serve. What I'm still sort of grappling with is like, I understand, like obviously there's a need for decentralizing data, but, you know, we'd asked sort of who her competitors are, who in the space is sort of similar to what she does. And her answer was that there isn't really anyone else in the space that does indexing like they do. Like if they do do indexing, it's something in -house. And so, yes, there's been efforts, I think, which one of, you know, Sam or Brad, you guys can talk about that because I know you have talked to Tegan about that before. But if there's no one else that does the indexing like the graph does, like how much of a hold do they have over organizing data on blockchains, especially because she claims that most of DeFi uses the graph? You know, I think that is a rare position to have in this industry, if that's true. You know, I think we haven't done a ton of reporting on this particular space. I think we're sort of more focused on the blockchain stuff that's kind of infrastructure layer of things and who's winning that race and all the apps. These are, they're kind of one of these middle players. They're not really front -facing, you know, they're sort of B2B in the sense that they're, you know, taking stuff from blockchains and delivery it to kind of like the backend of somebody's website or whatever. But I mean, in general, you know, we're going to get in the next segment, we're going to talk about all the layer twos, you know, that are developing and there's tons of layer one blockchains. But I don't know, that's kind of interesting to have a dominant position in anything in blockchain. It seems like there's tons of competition. I don't know. What do you think, Sam? Yeah, nothing comes to mind that does exactly what they do, which is they serve as a kind of like Chainlink sort of Oracle -ish function, but they're completely on chain. So they aggregate and index data on blockchains so that entities like Chainlink, like Uniswap and so on can use them. But I think that there are some, like I remember reporting on them a while ago and one of the problems that The Graph had and continues to have is just that it's extraordinarily complicated. They have their GRT token, they have these things called subgraphs, this role like indexers. And there's like all of these different, you know, jargon that you find all throughout crypto, but is particularly pronounced on The Graph that some people think is wholly unnecessary and it wouldn't be worth getting into all of it on Coindesk on this podcast, you know, is something that they still haven't been able to fix entirely at the same time. Yeah, I do think that they are somewhat unique in this intersection, but I also noticed that like some of the folks that they mentioned to you, Margo, that they, you know, are partnered with are the same folks that they've mentioned to me over almost like, I think like a year and a half ago when I last wrote about The Graph. So it's like art blocks, which is an NFT project that is really cool, but hasn't like been, you know, super huge in a while. They mentioned Uniswap. I also mentioned them, but if I recall from at least when I was, you know, writing about The Graph, their Uniswap thing is used for Uniswap to display prices on its website. It's not something used in the protocol itself, which is a distinction that might matter. The Graph is like certainly a really exciting project and it is the only one that I'm aware of that's doing, you know, this whole indexing decentralized role. I think that they are still kind of trying to exactly find their place and reach that level of ubiquity that they've wanted for a while. That's really interesting. You know, especially given that these projects that they help haven't really changed over the last two years. And one of the things we had asked her sort of is like, where are these new users that they can cater to? Especially, you know, we're in winter, so where's the growth? Like who are you poaching users from? So that's interesting. Yeah. I mean, to their credit, they did make a big gamble a while ago where they got rid of this centralized, this hosted service that they had, which is more akin to a Web2 service where they would index things and then you would query their own kind of hosted server in order to read off the data. They moved to this decentralized model a while ago and there were questions around whether they'd be able to kind of sustain those operations. And it seems like they have, you know, they really are working in alignment with that whole decentralized crypto ethos in a way that a lot of these sorts of information providers, aggregators aren't. They've had some staying power, at least as a result of that, regardless of whatever their user numbers and partners are. I mean, it's interesting when you were mentioning how technical some of this stuff is. All right. Well, let's take a quick break. And when we come back, we're going to talk about the story of the week. Margo Scoop, Kraken coming out with a layer two. We'll be right back. Calling all developers. Consensus 2024 is happening May 29th through the 31st in Austin, Texas. Experience three days of intensive learning with technical talks, 40 plus expert speakers and 20 or more in -depth workshops, including dedicated half days for Ethereum and Bitcoin. 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Bloomberg Markets
Fresh update on "six hundred" discussed on Bloomberg Markets
"Over this public finance municipal finance market today we've talked to bankers who issue this stuff get the deals done we've talked to investors who invest in this stuff I bet actually the people spend the money now we're joined by one of those folks today Eric Russell he's a treasurer of the state of Connecticut he joins us here at in our offices here of Build American Mutual he was elected Connecticut state treasurer in 2022 so we appreciate them making some time for us Eric thanks so much for joining us here what is a baby bond so thank you for having me it's a pleasure to be here with you so Connecticut Baby Bonds is a first -in -the -nation program that we passed in Connecticut and fully funded this year and the goal is really about addressing generational poverty in the state and so for under the program for every child born into poverty in Connecticut there'll be thirty two hundred dollars invested in a trust on their behalf and that money is managed by my office and that money will grow over the life of that child and between the ages of 18 and 30 individuals will be able to access those resources for initiatives that are all about helping to build wealth so they we can can use those funds to help purchase a home in Connecticut to start or invest in a Connecticut business to help pay for post -secondary education or job training or to roll into a retirement account and we know one of biggest the indicators for someone's ability to build wealth over time is to have some capital to start with that is a piece of this puzzle but it really fits in with Connecticut's bigger picture as we've made a lot of progress in addressing our overall fiscal health it's also about looking to making investments in people and investing in the future so you sold bonds to the public and took those proceeds to fund this program. So we actually did not. So the program was initially proposed was that it going to be bonded so we were going to issue fifty million dollars a year for twelve years to program for twelve years in total. It was going to be a six hundred million dollar investment and we passed the legislation back in twenty twenty one. There was some push back to funding the program that way and when I came into office my main goal was to look at ways that we could fund the program and keep it viable but also do so at a way that was most cost effective to taxpayers. So what we ended up doing is we had a debt service reserve fund that was actually there to impact bond holders from a previous bond issuance with much of the progress that we've made in terms of our fiscal health. We were actually able to issue a surety and release the funds from that account. We actually did that through Build America and we were able to take those funds and move them directly into the Baby Bonds Trust to fully fund it. And the benefit there was one, because we put $400 million essentially into this Baby Bond Trust. We have a longer runway to invest that money now we're that not issuing over a 12 -year window. So we were actually able to cut $200 million off the overall cost of the program as well as eliminate the interest and carrying costs for doing so. We're really proud of it. We actually just received the Bond Buyers Innovative Deal of the Year Award for this transaction. It was a really collaborative effort, but it's an exciting opportunity for our state. How easy do you think it would be for other states to replicate that? I mean you've got to have the political will for it, but also you mentioned that you had to go through an unusual sort of financing move in order to get it done. And also, have you had any states call you up and inquire about it? Definitely. So we've been having conversations with several states. There were states that replicated our legislation that was passed in 2021. Some had moved that through their legislature and out of committee, but there isn't any other state actually that's fully passed the legislation or funded it yet. We certainly have been helpful. I've been in touch with several treasurers that are looking at this program. And I think different states are going to look at different ways of funding it. Nevada, their proposed legislation was to bond as we had initially contemplated. Massachusetts has a similar program that they're going to be moving through their legislature this session. But I think at its core, I think understand that there is a really significant wealth gap in most states across the country, and it's a gap that's continued to widen. And so as we look at ways to continue to invest in people, it's about really looking at some of these more unique ways of creating more fairness and closing some of these really large wealth gaps we have across the country. All right, stepping back as a treasurer, give us just kind of the state of the state in terms of the financial position of the great state of Connecticut. Sure, the state is doing well. The state's doing very well. We were able to kind of withstand the pandemic well, and it was a challenge. Obviously, we're in a place now where we've recovered all of the jobs that we lost during the pandemic. In 2002, we've had a net 57 ,000 people that moved into the state of Connecticut, and just in terms of our overall fiscal position, we've made a lot of progress in terms of paying down long -term debt and building up our rainy day fund, which we have at threshold its maximum right now at 15 % of our budget. And with that, we've been able costs. to lower We had the state's largest tax cut this last session. And so I think the state overall is doing well. There's certainly things that we are very mindful of in terms of work that we need to continue to do a big picture in our state, but I think there's been really strong support for the direction we're moving in. You know, as it's a Muny show today, I wanted to ask you about your thoughts on infrastructure investment. I mean, can you talk a little bit about what are Connecticut's needs and what are the big projects that you want to push through in the near term? I -95. Come on, let's be honest. For sure. So I in think looking at Connecticut, one of the big pieces is housing, for sure. We're not alone in that, but I think both in terms of building more housing and bringing down the cost of housing in our state is really a big that's a priority. I know this is a strong commitment of the governors and I know it's something that I think the legislature knows would be really big for us. But I think to your point, transportation, obviously everything up and down the I -95 corridor and across the state, but really improving times in terms of rail. I know that we've received a lot of federal money to really improve, to get more trains on the tracks and to really improve time.
Simply Bitcoin
A highlight from Taiwan's Next Embracing Bitcoin?! | EP 863
"It's all going to zero against Bitcoin. It's going on forever. You're against Bitcoin. You're against freedom. Yo, what's up? We are back. We're back for another episode of Simply Bitcoin. And today is an interesting story. I did have to do some deep dive for this one. So game theory is heating up in China, guys. The first reading of Taiwan's crypto bill passes. And depending on the source, Taiwan might be on the verge of making Bitcoin legal tender January 24th. It almost seems like this is happening. It's almost like it's inevitable. And Taiwan is embracing Bitcoin. And we all know the saga between China, that we know that we won China policy. We've been covering this all year. And we know how many times China banned Bitcoin. They banned mining. We've seen even Taiwan themselves try to ban Bitcoin. But of course, you can't ban Bitcoin. You can only ban yourself from Bitcoin. And even this week, on Mainland, Hong Kong has been mulling over whether they are going to embrace an ETF as well. So it really makes you wonder. And if you go back for a couple episodes, Niko and I went over this, the idea of maybe China is using different proxies to embrace Bitcoin after officially banning Bitcoin. The dip last we saw, I think that was 2021 now, it's all a blur at this point. Some days they're banning it. Some days they're embracing it. Well, it seems like China or Taiwan, forgive me, is about to make Bitcoin legal tender. And remember, one of the IRLs we did, we had a friend come on here and I'm blanking on exactly which one it was. But he said basically that what they mean when they say crypto is really Bitcoin and they do not talk about what they have under their mattress. So whenever you're hearing crypto come out from the Asian countries, from China in particular, remember that they know what we know. It is Bitcoin only. And there's Bitcoin and then there's other cryptos. Anyways, Bitcoin's global game theory chess match is playing out in real time, guys. And as a Bitcoiner, you just love to see it. The Mexican standoff is continuing to get spicier. It's continuing to heat up. And it's going to be very interesting to see which countries get left behind, which countries don't embrace hard money. And also in that same vein, which countries are fighting their citizenry. And as we always say, forcing them to have fun staying poor. Anyways, welcome to Simply Bitcoin. We are your number one source for the peaceful Bitcoin revolution. We cover breaking news, culture and nomadic warfare. We bring on Bitcoiners from all around the world, from the biggest names to the everyday Bitcoiner. We got them all and we will be your guide through the separation of money and state. And of course, I am not here alone, guys. I am here with Dell, the funky hodl sapien. How are you doing this morning, Dell? Good. I'm dandy. I'm chilling, relaxing, moisturized in my own lane, sitting in a 45 gallon tub of lotion right now. It feels pretty luxurious. Absolutely love it. OK, well, Dell, what are we going to cover on the culture today? We're going to cover that you can't really stop the Internet. You can't stop things from happening the way you want it to. I imagine most of the people that come to this channel are interested in Bitcoin surviving. That's my assumption. There might be some people that come pass by like, oh, what's this all about? But I get the impression that the regulars that I see in the chat, you're Roman, you're wine a kiss. Tyler Durden, what I'm not going to try and talk for wine a kiss. He's a he's a he's a strange cat. That one is people that I see in day in and day out. They're people that are they understand Bitcoin to some degree. They like it to some degree. And they're yeah, thumbs up to that Bitcoin thing. But the idea that it could die or shut down is not something that a lot of us think about all that much. We're like, oh, it can't happen. But here's a question for you, Opti. If you were given a challenge, let's say let's say somebody comes along, Michael Saylor, whatever anybody that you know has the money to say, I'm going to give you a million dollar bounty to shut down Bitcoin. Could you do that? You think you could? Not for a million. There's literally a half a trillion dollar bounty on Bitcoin. You got to you got to you got to put those numbers up. Well, like, do you think you could do it at all? Me personally? No. Yeah. Yeah, exactly. And so the idea that there is some individual out there or group of people that can shut it down is preposterous. But yet there's still and we're going to play this clip. People out there that are honestly, they're relatively smart people in many fields and there's a lot of really smart people that don't understand Bitcoin. It's like shut down. Shut down the Internet. What are you going to do? Go in. People, people are concerned about that, Del. That is definitely on people's minds. Well, I get that. But why? Like, tell me how that happens. Like, walk me through exactly how how it how that would work. Like, please. Like, if you can do it, if somebody can do it, I truly as much as I would like to see tomorrow, would like you would like to see somebody shut down Bitcoin. So we're going to be talking about that in the culture. Like, you can't do it. Like, I want you to if you can, if somebody in chat can do that, by all means, go and do it. Because we need to know that that's a vulnerability when we need to know how that could happen. And oh, wow, there's a guy that's in the simply Bitcoin chat that has the ability to go and flip a switch and shut off Bitcoin. That we should know about that. And I mean, that'd be so funny. Someone in the chat just shuts it off. Anyway, anyway, side tangents. I mean, we even see it and we hear this all the time. I hear this all the time when I talk to my normie friends out there. They're like, what if, you know, like in twenty seventeen, it was like, what if China bans Bitcoin? And like they did it and it didn't stop Bitcoin. I am convinced that every three letter agency around the world, that nation states have also tried to attack Bitcoin and they continue to try to attack Bitcoin. But they can't stop this. They cannot stop digital money for the digital world. And even if the even if we got like some weird by chance EMP or something that shut off all of electricity, we will never go back to a time without the Internet. I am fully convinced of that. The Internet is something that that is ubiquitous with the modern world. It put a pause on things. If people talk about that, like, oh, well, what about. OK, well, just imagine if things that are escalating over in the Middle East and then the whole Russia, Ukraine thing, like imagine things really take off. And they detonate a nuke in the atmosphere over every country in the world and all the Internet goes out. What about your Bitcoin then? Like, do you even hear what you're saying? Like, imagine that scenario and the thing that is going to be on people's minds is food, shelter, is my family safe? And then probably after the first 24 hours, where can I get a I'm just going to say it, a hand job where where the sex workers like where where can I go and trade these bullets that have been stocking up for, you know, a little me time with with Old Destiny over there? And I do mean old because she was in the business for a hot minute and she's looking a little more now, but she's got the experience. And that's what you're going to want to go to when times are tough. You're going to want to go to the person that knows how to get you to that happy place. So, yeah, you're going to check in on Destiny and give her some bullets for some fun times. But you're not going to be thinking about Bitcoin. You're not going to be thinking about all my cat pictures and all the trad wives on Twitter talking about how they're grass feeding their goats. No, you're not going to be paying attention to any of that. You're gonna be like, what do I need to survive? That's it. That is that is it. That's all you're going to be paying attention to. So this idea that, oh, what happens to your Bitcoin? It's like, go fuck yourself. What are you talking about? Listen to yourself. Is grandma alive in a nursing home? Because there's no oxygen on. What's your first concern if the nukes go off and there's no Internet Opti? Is it is my note still on? No, it's thinking about people in my local community and can I survive? Exactly. Exactly. All right. Well, this is going to be a spicy one. I can already tell this is going to be a spicy one. Let's get into the show, guys. This time seeds do it yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper. Don't store your generational wealth on paper. Paper is prone to water damage, fire damage. You want to put your generational wealth on one of the strongest metals on planet Earth, titanium. Your words are actually stamped into this metal plate with this hammer and these letter stamps. And once your words are in, they aren't going anywhere. No risk of the plate breaking apart and pieces falling everywhere. Titanium stamp seeds will survive nearly triple the heat produced by a house fire. They're also crush proof, waterproof, non corrosive and time proof. All things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul. Stamp your seed on stamp seed. Yeah, the chat. You guys are wild. Love you guys. Anyway, we made this easy for you. Scan the QR code. Make sure your seed phrases backed up on something stronger than just a piece of paper in your sock drawer. Make sure it's backed up on titanium, guys. This is the way scan the QR code. Get yourself a stamp seed kit. And we have been in the talks of getting a simply Bitcoin branded one. But maybe maybe you don't want that OPSEC unfriendly version. But anyways, scan the QR code. Go check it out. Get yourself one. Stamp your seed in titanium. All right, guys. Anyways, we're over here on the numbers. We're at Clark Moody's dashboard. Of course, my favorite number is the block height. We are currently at eight hundred and fifteen thousand eight hundred and eighty six. Take talk next block. Honey, bad you don't care. Blocks keep coming in. We are what? Twenty four thousand one hundred and fourteen blocks away from the halving roughly around April 20th of twenty twenty four. So it's happening in time, guys. We know exactly what's happening with the monetary policy that is Bitcoin. You love to see it. Bitcoin is my stable coin. Bitcoin is stability. Anyways, the current price on Bitcoin is thirty five thousand three hundred and forty dollars per Bitcoin. The Moscow time, a .k .a. how much your fiat dollars worth, a .k .a. how much Bitcoin you can buy for a single U .S. dollar is two thousand eight hundred and thirty cents per dollar. The percentage of total Bitcoin that will ever be issued is ninety three point zero three percent. The market cap and fiat terms of Bitcoin is six hundred and ninety billion dollars or six hundred ninety point three billion dollars. The realized monetary inflation of Bitcoin taking fiat currencies to school is one point seventy four percent. It's going to get cut in half. Well, I think it's going to slowly. Is it going to get cut in half? I think it's going to cut in half. I think that's what the halving does to it. Anyways, Bitcoin versus gold market cap is currently at five point two seven percent. We are only at five point two seven percent of the gold market cap. The hard money gang. We're coming for gold. Gold market cap is ten trillion dollars. Only five percent of that, guys. And you guys are bearish out there. Couldn't be me. Can't relate. Anyways, the total public lightning capacity is five thousand three hundred and five point zero seven BTC. The hash rate has been going absolutely parabolic. Of course, this is just a rough guesstimate of what is going on on the Bitcoin network. But something is happening and people are uploading and turning on a lot of A6. The last 90 days, we are at four hundred and twenty point one exahashes. The pending fees. Oh, my goodness. It's spiking right now. Eleven point four four BTC, at least according to the mempool that Clark Moody is connected to. We've been telling you for a while. You wanted to make sure that you are consolidating your UTXOs because things are going to get crazy. This will probably cool down a little bit. I think I did hear that there's some like ordinal BRC 20 stuff going on right now. Yeah. So that's probably why we're seeing this spike right now in the fee market. So once it gets a little cooler, oops, oops, sorry. It gets a little cooler. Not wrong, though. Yeah, not wrong. Once you once you get a little cooler in the fee market, I suggest you guys take the opportunity to consolidate your UTXOs. Make sure that you have good UTXO hygiene. Anyways. All right, guys, I'm going to connect last night's TTO that I did with CJ. I hope you guys watch that. I do have it up here for you guys to show you that you need to go watch this. And I took a little piece out of there. But here we are. We got Neil Kashkar. And remember who he is. He's the crazy guy that was coming out when we were going through the the, you know, the flu pandemic. And he was telling us that they can print unlimited money. And they clarified that question. And we got the memes of him with crazy eyes, like, wait, so you're telling me you can print unlimited money? And he said, yes, that's exactly what I'm telling you. Well, here he is again. And if you listen to last night's TTO. And you will listen to this this morning. You really start to realize just how detached these quote unquote elites are, how detached the Fed is from reality. You really would ask yourself what is going on. And again, I reference the white paper constantly on here because it's literally in the first paragraph of the white paper. Satoshi was so prescient when it came to this because he saw the fundamental problem of the fiat system. It is its trust based system, inherent trust that you need to just trust that these people know what they're doing. And we're seeing in real time that people still seem to trust them. And if you look at the data. There is no reason to trust them. Anyways, Neel Kashkari in this little video here goes, I'm not seeing a lot of evidence that the economy is weakening. And he discusses market expectations for an interest rate cut by the central bank next year. So let's just listen to him and remember the idea that the only reason the system is continuing to hobble along as it is, is because people out there still believe these people in the suits that they know what is going on. Trust the experts. They know exactly what's going on. Trust the guy in the suit on the television telling you that they have the economy under control, that interest rates are under control, that the Fed knows where we're going. And if you really look at the data, it may be completely different and telling you a different story. Anyways, let's listen to this, guys. You said that people want certainty and that you can't give it to them. And I understand that. But people don't just want certainty. They also want some sort of guiding philosophy. Do you think that Fed Chair Powell has outlined some sort of guiding philosophy on where the bar is to cut rates, on where the bar is to raise them further? Well, I think he's articulated very clearly that we're committed to getting back to 2 % inflation, right? There's been some chatter amongst economists that maybe we should raise the inflation target. I think he's done a great job saying that is not on the table. We're not going to do that. We're going to get inflation back to 2%. And we're going to let the data guide us. We've moved very aggressively. We've made a lot of progress on inflation. We're not done yet, meaning inflation is not back to our target. And if we need to do more, we will. There seems to be a feeling in markets that the bar to cut rates has been lowered over the past week or two weeks. That suddenly, not only are we reaching a pause, and have we seen a peak in the Fed funds rate, but that also the Fed will cut next year, maybe surgically. Neil Dutta is talking about that. He's coming up next. Do you want to push back against that? Do you think that the bar to cut is still just as high as it was? I have no idea where market participants are getting that. There's no discussion amongst me and any of my colleagues about when we're going to start preparing to cut rates. The only thing that's been talked about at all is that at some point, when inflation is well on its way back down, if we didn't back off a little bit, the real rates would be getting tighter and tighter and tighter. And that's real, but that's math. But is there enough weakness currently in the market, in the economy, I should say, to give you that sense at this point? Look at the last GDP print. I mean, does anybody look at that and think, oh my gosh, the economy? For the last 12 months, GDP has been very strong. The labor market continues to be quite robust. Yes, the unemployment rate has ticked up to 3 .9%, but we've also seen a huge surge of labor supply, which is really positive, come online. So I'm looking at this. I'm seeing consumers that are strong. By the way, my airplane that I came here on was 100 % full yesterday. It's going to be 100 % full today. I'm not seeing a lot of evidence that the economy is weakening.
Stephanie Miller
Fresh "Six Hundred" from Stephanie Miller
"Are wcpt eight twenties multimedia newsroom and we cover everything from local politics and state slate of sessions to updates about the twenty twenty four presidential election for the latest information you can find digital news updates at heartlandsignal .com and new video content on our twitter facebook and youtube accounts at heartland signal where facts matter this is a wcpt veteran minute when pearl harbor was attacked men of all races across the country volunteered to join the fight despite the united states army being heavily segregated black enlistees assigned to combat support roles but this did not stop lieutenant colonel paul l and pushed his soldiers to achieve excellence the seven hundred sixty first tank battalion was formed in the spring of nineteen forty two it contained thirty black officers six white officers and six hundred and seventy six enlisted men the unit don don the nickname the black panthers wearing patches of the uniforms of the panther on it and the slogan come out fighting and and in nineteen forty four the seven hundred sixty first was assigned to general george patin's third army in assistance general patin gave a colorful speech to his crew and the black panthers became the first african american tank squad in war world
The Podcast On Podcasting
A highlight from Ep402: Turn Expectation Into Appreciation
"If you have five listeners and you're grateful for those five listeners and be able to serve them every single week or every single day, but you're sitting there grateful that you can serve these five people, you have a lower expectation and a higher amount of gratitude. You're going to be happy. Most hosts never achieved 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. This week I saw a reel on social media. I don't know if they're called reels or stories or what, but this week I saw one and it was profound, if you will. It was an author of a book who was talking about how people become unhappy. Like, what is it that makes you an unhappy person? And he started talking about basically the dynamic between two different things. And I can't quote him and I'm not going to take credit for it, but unfortunately I'm not going to quote him. I don't remember where it was or how to find it. Anyway, he talked about the difference between our expectations and our gratitude. And he basically says like, we're extremely happy people if we have very low expectations and very high gratitude. And we're still happy if we have high expectations, so long as our gratitude is a little bit bigger. And we're still still happy when our gratitude is not very high, but our expectations are even smaller. What is the point? What is the common ground here? The common ground is when you are more grateful than you have expectations, then you're going to be happy. And this I know goes into many, many forms of your life, your podcast. If you have an expectation of I want a million listeners, and then you have a hundred thousand people listening, you're going to be like, I need 10 times that, and you're going to be crying. You're going to be sad. You're going to be depressed. Why? The reason why is because your expectation was set pretty high and your gratitude wasn't there. Now, if, for example, you have five listeners and you're as grateful as heck for those five listeners and be able to serve them every single week or every single day, depending on how often you publish your podcast, but you're sitting there grateful that you can serve these five people. You have a lower expectation and a higher amount of gratitude. You're going to be happy. Now I want to talk a little bit about our title today is turn your expectation into appreciation, turn the expectation into appreciation. So again, if your appreciation or your gratitude is high and your expectations are low, you're going to be great. So when you're dating somebody, you want to have a low expectation. Like if you're thinking, oh, I'm going to get lucky tonight, for example. And you don't, well, maybe you're going to be depressed and maybe you're going to think that it was a bad date. I don't know who you are or what you think, but just let's just use that as an example. Let's say that you are the type of person who definitely wants to get married. And you're with somebody who doesn't want to get married. And the thing that you think is, man, I don't have everything that I want. I don't have everything I want. I expect this. I expect marriage or whatever. You're going to be ungrateful and you're going to have high expectations. So are you going to be happy or sad? You're going to be sad. Let's look at all those people that complain all the time. Think about somebody that, you know, maybe it's more than one person that, you know, but just maybe even close your eyes. If it's safe, think about somebody who is always complaining. Well, that person has their gratitude level is way too low. They need to start freaking appreciating some shit. Don't they need to start looking at the world and seeing how great the world is. Now there is optimists and there's pessimists and you might say, no, I'm neither. I'm a realist. I assume you probably are thinking that you're a realist because everybody says that they're a realist, but really they're either an optimist or a pessimist. And so if you're looking at things and you're always looking at the bright side of stuff, you're probably going to be more grateful. You're going to be happy about any situation. So that means your expectation about things is probably not too high. It might be high and it might be low. That part doesn't matter. What matters is, is that your gratitude level or your appreciation is higher. So when I was years ago and of course, five ish years ago, I started turning this around. I was the father and sometimes it makes me cry to think about this, but I was that dad who had my kids and they always wanted to show me stuff. They were like, dad, look at this. Look what I built. Look what I made. Look what I drew. Look what I can do with my marbles. And I'll be honest, like my expectation was probably too high because they were really young. They were really, really, really young back then. And I was like, okay, you put a piece of wood on and the marble just rolls off and you think that's cool. That's not that cool. And I didn't say it to their face. I wasn't saying that, but I'm thinking like, okay, wow, good job. And here I am being like, man, I just wish I could work more. If I just didn't have my kids and I could really make a lot of money and it's just too bad this. And I was the pessimist. I was the person who had higher expectations. I wanted to be a multimultimillionaire and I didn't have a high enough gratitude. I thought my kids were holding me back. And what ended up happening is I got fat. I got lazy. I got overweight. I got angry. I yelled at the kids. Our relationship got weak because I had low gratitude. Then I turned around and I started practicing gratitude in the morning. So I would end in it and in night and anytime I was stressed. So there was three times that I had to practice gratitude before I got a bad out, before I got out of bed, when I got in bed, before I went to sleep. And a lot of people do this with prayer. Now I don't pray, but I try to express gratitude. I try to have a relationship with God or the universe or nature or many gods or who knows, but I try to spend that time to be grateful. And so in five years ago, as I record this, I came to a day that somebody said, you need to start practicing gratitude. And I did. And my relationship got better and everything else got better. My health got better. I started making more money, et cetera. The points that we're trying to make is I need you to also turn your expectation into appreciation, because when you do that, you're going to have a better chance of actually being happy. And if you're happy, what's going to happen? Your health will be better. Your relationships will be better. Your business will be better and your podcast will be better. So this doesn't only apply to your podcast. This doesn't only apply to yourself. This applies to all of the family that you're around, all of the relationships that you have, business relationships, loving relationships, romantic relationships, family relationships. It's going to increase that because you express some gratitude. Now, I'm not saying that you're going to turn into this optimist that's always being like, oh, everything's great all the time. I'm not saying you have to be like unreal about it. I'm just saying that when you look at the bright side, when you count your blessings, when you see where some people are, maybe you have to think about a different country, maybe you have to think about human trafficking. Who knows what you have to think about? You have a shit ton of things that you should be very, very grateful for. And when you bring your gratitude level above your expectation level, everything else will fall into line. Looking forward to seeing you on the next episode. Don't go anywhere. I'll see you there. Oh, hey, because three of my clients came to me recently looking to find a way to have their podcast make the money instead of cost them money, we put together a resource for some of our clients. And I want to give it to you as well. It's something that did actually seem to help because one of them is now making twenty six hundred a month. Another one forty five hundred a month. And the third is making between five thousand and ten thousand each month. And so it's been a resource that's been incredibly valuable to them. It's our sponsor sheet template. It's a template of a sponsor sheet and it gives you something that you can hand to potential sponsors and hopefully also be making twenty six hundred forty five hundred or between five and ten K regularly each month with your podcast. So this has been a contributing factor to helping all three of those clients turn their podcast into an additional income stream for them. And the way that you can find it is just going to our website, growyourshow .com, but put in forward slash templates, growshow .com forward slash templates, and then you can actually download that template and others that could be valuable to your podcasting experience. I'll see you on the next episode.
WTOP 24 Hour News
Fresh update on "six hundred" discussed on WTOP 24 Hour News
"25 this morning at reagan national washington's news fake and weather station the wtop producer's desk is wired by ibew local 26 where electrical contractors come to grow good morning i'm michelle bass and i'm teddy gilman is our producer our top story happening today the dc council will discuss a proposal attack to crime in the city at nine this morning the council will hold a hearing about mayor memorial bowser's proposed act now anti -crime bill which gives law enforcement more tools to battle criminals last night dcs police chief pamela smith got an earful about crime from crowds of residents attending a town hall meeting at the town hall session at eighth and florida avenue northwest the chief heard from ward one residents who are frightened and concerned including tarik shaw who lives at eighth and v streets northwest there was a murder in our building just ten days ago a woman was shot in the face across the street on saturday there was a gangland style shooting ledroye park this weekend police chief smith told the town hall police are being diligent and recruitment is up we have been as high as 4200 police officers i mean to be at 39 is pretty low and so if i had a magic number it would be about 4200 police officers to really help us effectively do this work many residents asked for council support for the mayor's proposed bill that would give police new tools to fight crime dick Iuliano OWTOP news after a lengthy meeting that started last night alexandria's city council early this morning its gave approval to a measure allowing more small apartment buildings and townhomes to be built in the city the washington post reports the zoning change means buildings with as many as four units can be built in any residential neighborhood in the city it's areas that previously were reserved only for single -family homes with yards a similar change recently okayed in neighboring arlington prompted opponents there to file a lawsuit against the county that legal issue has yet to be resolved breaking news this morning a u .s. military osprey has crashed into the sea off the coast of japan at least one member of the crew has been killed more now from lucy craft with cbs eye witnesses told japan state news network that the u .s. military osprey was attempting to land at an airport on the small island of yakushima when it suddenly flipped over burst into flames and crashed into to the ocean about six hundred miles southwest of tokyo japan's defense ministry said the aircraft was assigned to yakota airbase in tokyo and was headed for the southern island of okinawa lucy craft cbs news tokyo to the crisis in the middle east now twelve more hostages have been freed amas by and israel has released thirty more palestinian prisoners the latest exchange comes as international mediators are working today to extend the current truce in gaza the ceasefire deal is set to run out but could be extended again that would also provide an extended window to bring more humanitarian aid into gaza cia director william burns traveled to doha and secretary of state antony lincoln is scheduled to return to israel and the west bank later this week as the u s continues diplomatic efforts to work to secure the release of all hostages including men and soldiers that is cbs news correspondent natalie brand meantime the senate's top republican is criticizing suggestions from democrats that the u .s. place conditions on any aid approved for israel details from utop's mitchell miller today on the hill senate minority leader mitch mcconnell has made it very clear he opposes placing conditions on billions of dollars in assistance i think it's ridiculous our relationship with israel is the closest national security relationship we have with any country in the world but some democrats concerned about widespread the deaths and damaging gaza believe the u .s. has a moral duty to consider conditions on aid senate majority leader chuck schumer there are different views on that and we're gonna have to have a discussion with caucus the and the administration schumer says his chief goal is bringing a legislative package to the floor soon that will include aid for israel humanitarian assistance and aid for ukraine on capitol hill mitchell miller suicides gop news in the u .s. have hit a new record data from the c .d .c. show that more than forty nine thousand people died by suicide in twenty twenty two a three percent increase from the previous year when final numbers are collect collected the c .d .c. says it expects even higher totals as there are death deaths where the cause of death is still pending while men were about four times more likely than women to die by suicide the suicide rate increased twice as much for women in twenty twenty two if you or someone you know needs help the nine eight eight suicide in crisis prevention provides lifeline free and confidential support for people in distress twenty four seven you can reach them by dialing nine eight eight or at nine eight eight lifeline dot org coming up after traffic and weather will fill you on in the latest for airline employees that are close to going on strike seven thirty six getting ahead isn't easy in this economy but millions of americans are still trying now the federal reserve wants to impose capital rules that will raise costs for everything we buy make it harder to home buy send a kid to college have something to retire on harder for small businesses to borrow expand and access credit americans don't want special favors they want just a fair shot tell the federal reserve to protect our economy paid for by center forward how can federal agencies address cyber vulnerabilities while also transforming operations one smart approach is attack surface management explains maximus's michael sieber senior director of cyber security in the series forward
Bloomberg Radio New York - Recording Feed
Monitor Show 18:00 10-28-2023 18:00
"Pop culture is something that touches everyone. It's how we fill our leisure time and how we enjoy ourselves, particularly when you're talking about the famous people and big personalities in entertainment and tech. There tends to be a need to sensationalize, but what I enjoy is explaining to people how the things that they love get made, come to be, and how people make money off of it. I'm Lucas Shaw, and I cover the business of pop culture for Bloomberg. My job is to uncover how entertainment is changing and explain what that means for you, because context changes everything. Now, broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. Former Vice President Mike Pence is dropping out of the 2024 presidential race. So after much prayer and deliberation, I have decided to suspend my campaign for president effective today. He made the unexpected announcement during his speech at the Republican Jewish coalition in Las Vegas today. He told the stunned audience, this is not my time. His latest campaign filing showed six hundred thousand dollars in debt and only one point two million in cash on hand. The campaign was also unable to gain the seventy thousand individual donors needed to qualify for the next GOP primary debate. Pence didn't endorse any other candidates. Officials in Maine confirmed they have a note that was written to a loved one by mass shooting suspect Robert Card before he killed himself. I describe wouldn't it as a explicit suicide note, but the tone and tenor was that the individual was not going to be around and wanted to make sure that this loved one had access to his phone and whatever was in his phone. At a news conference this morning, Maine Department of Public Safety Commissioner Mike Sanchuk confirmed the note also included bank codes. He said authorities are working on search warrants to gain access to cards. Phone records saw shock opened the news conference by confirming the card died of a self -inflicted gunshot wound. Eighteen people were killed and dozens more injured Wednesday in the mass shootings.
The Bitboy Crypto Podcast
A highlight from Bitcoins Most EXPLOSIVE Bull Market Ever Is Coming! (Here's Why)
"Last week, on October 16th, we watched Bitcoin jump from just below 28k all the way to $30 ,000 in less than 10 minutes on the release of a fake report by Cointelegraph. That fake report was going to be the BlackRock ETF apparently finally launching. Then late Monday night on October 23rd, we saw prices absolutely destroy resistance and hit $35 ,000. All of this explosive price action has come from an excitement about the incoming Bitcoin ETF. It has gotten a lot of people interested in the prediction of what will be in fact happening when these ETFs are finally approved. Now while no one can give the exact number of when the bull market is going to top, in this video we are going to be diving deeper at the surrounding circumstances as well as how much money could actually flow into Bitcoin's price action to help you better understand just how significant these ETFs are and why this bull market just might be the most explosive one yet. It's time to discover crypto. Now before we get too far, let's make sure we lay the basis of what an actual ETF is. An ETF is a publicly traded investment vehicle that tracks the performance of an underlying asset or index. This is different from a stock because stocks only track the price action of one company. ETFs are a popular way for investors to get exposure to the value of an asset like gold or oil. They usually trade on traditional stock exchanges and their value should rise and fall when the asset increases or decreases in price. Now the first ETF launched all the way back in 1993 and they quickly became a popular way for investors to invest into a basket of assets all at once. More than likely you have heard of this ETF, it's called the S &P 500. When you purchase the S &P 500, instead of buying shares in 500 separate companies, the singular ETF lets you gain exposure to all of them combined all with one purchase. While we have had Bitcoin futures ETFs for a while now, which allow investors to trade future price action of Bitcoin, the news is currently flooded with stories about Bitcoin spot ETFs. A spot ETF is where a centralized entity like BlackRock purchases a large amount of Bitcoin, but then allows other investors to use the stock market to invest in Bitcoin at specific price and also take profit. But the Bitcoin would always belong to BlackRock, not the investor. Effectively, you could invest in the price movement at Bitcoin at any given price immediately without having or ever worrying about actually holding that crypto yourself. If you ever heard of the phrase, not your keys, not your crypto, BlackRock is essentially going to be holding and purchasing all of your crypto for you. Now for those of you who are currently holding Bitcoin and have learned about the advantages of self -custody, you might be asking why wouldn't the masses as well as the institutional investors just buy their own Bitcoin? Well while it seems like that should be simple, it actually can be a little complicated. While I personally would always advocate for self -custody, there are a couple of reasons that somebody would prefer an ETF. One of the biggest reasons is going to be just because of regulation, but they also may just not want to have to deal with the risks that come with and all of the burdens of self -custody ownership of a spot Bitcoin. An ETF would be approved by regulators and managed by a firm that would buy and hold the Bitcoin on their behalf. So they have nothing to worry about at all. In July of 2013, the Winklevoss twins with their Bitcoin trust filed for the first Bitcoin ETF proposal ever in the United States, yes, 10 years ago. It was rejected along with every other subsequent proposal for years. Then came along the ProShares Bitcoin strategy ETF and that became the first Bitcoin futures ETF available in the United States on October 19th of 2021. The purpose Bitcoin ETF used the trading ticker BTCC and made its debut in Toronto in early 2021. According to its issue purpose Investments Inc, this ETF invest directly in physical slash digital Bitcoin. And that's where things stand of as today. As I said before, there is a Bitcoin's futures ETF available on the US market, but not yet a spot Bitcoin ETF. But if the SEC does and has approved a Bitcoin futures ETF that claims to be investing directly into Bitcoin, then why hasn't it approved a spot Bitcoin ETF just yet? Well, that's the question. I think it's shocking that we don't have a better answer to that question. Nobody really knows. There have been a lot of applications, several rounds of frustrating congressional testimony by his ugliness, Darth Gensler, the vague. But none of this has actually ever yielded anything concrete other than a reluctance to allow Bitcoin to further integrate into the existing financial system. Now, Gary Gensler, everybody's favorite human being, got his start at Goldman Sachs. And there has been a lot of speculation that Gary Gensler wants to become the secretary of the Treasury after Janet Yellen. This would allow him to do the bidding of his old buddies on Wall Street. In other words, he's deliberately stalling while trade five bankers scramble up to catch up and bring the market centralized options to compete with Bitcoin. J .P. Morgan, for example, deployed its JPM coin for corporate clients in Europe in June of twenty twenty three and has been rushing the rollout of its onyx coin systems to the market. Now, no one can actually say for sure, but from the outside looking in, it sure seems like something corrupt is going on somewhere. I mean, it's never like JP Morgan's committed market manipulation in the past. Now, the SEC is currently reviewing applications for spot Bitcoin ETFs from the likes of Blackrock, Wisdom Tree, Invesco, Galaxy, Wise Origin, Vanick, Bitwise and Valkyrie digital assets. They recently delayed all of these again, but they are going to have to either finally approve or deny many of them by March of twenty twenty four. Oddly enough, this falls very close on the calendar to the estimated date of the next Bitcoin halving, which is currently projected to take place near the end of April twenty twenty four. And even more interesting, during a panel discussion on ETFs at CC Data's Digital Assets Summit in London, former BlackRock managing director Steven Schoenfeld, and I don't know if I'm butchering that name, who now serves as the CEO of Market Vector Indexes, predicted that the US SEC will approve a spot Bitcoin ETF within three to six months. Another ex BlackRock director, Martin Bednal, now CEO of Jacobi Asset Management, speaking at the same time at the same event, said that he also believes the SEC will approve all of these Bitcoin ETFs together. Now, this is to avoid any signs of market manipulation and make sure that BlackRock's not looked at as the favorite from the SEC. But if the approval of all these spot ETFs syncs up with a 50 percent reduction in a new issuance of Bitcoin, that could provide the basis of a very powerful bull run, a huge drop in supply, combined with a vast amount of new capital entering the Bitcoin market and generating demand. But how much demand? How much are we really talking about? And how much would the price actually move? Well, the combined market caps of these firms is around seventeen point eight trillion dollars. Yes, that's a lot of capital. The assets under management and all of this is hard to capture exactly because companies like Vanguard, State Street and BlackRock all have leaders who sit on each other's boards and they all effectively own each other in some way or another. Now, this makes it pretty hard to precisely estimate. However, going back to Stephen Schoenfeld, who may have mentioned before, says that his into Bitcoin, specifically into investment products over the next three years. Now, Bernstein estimates that the crypto fund management industry will grow to over five hundred billion dollars of assets in the next five years. And then there are lasered eyed maxis like Michael Saylor who think that Bitcoin is just going to go to infinity. So what's realistic to expect in terms of inflows and how much would that move the price of Bitcoin? Well, again, this is tough to say. But in March of twenty twenty one, Bank of America published a research note with some interesting observations on the subject. They claim that, quote, Bitcoin is extremely sensitive to increased dollar demand. They claim that it would take at least two billion dollars worth of inflows to move the price of gold by one percent and over two point two five billion to move 20 year plus treasury bonds by one percent. Thank God we print money. But Bitcoin was much easier. The analyst said, we estimate a net influence of Bitcoin of just ninety three million dollars would result in a price appreciation of one percent. He also added, looking at detailed block chain records, we find that the largest addresses have not been selling in aggregate since the beginning of the pandemic. That was back in twenty twenty one. And since then, whales have continued accumulating and supply held by long term Bitcoin holders has hit an all time high. So the supply of Bitcoin is still decreasing and Bitcoin is still very sensitive to increased spot demand. So let's have some fun and do a little bit of moon math. If we're looking at investment firms with a combined total of seventeen point seven trillion dollars of assets, let's say that they move just about one percent of that money into spot Bitcoin. That would be about one hundred and seventy seven billion dollars worth of new capital inflows into spot Bitcoin using Bank of America's estimate of about 90 million dollars to move Bitcoin up one percent in price. That would mean that in one year, the price of Bitcoin would rise a little bit over nineteen hundred percent. Now, at today's price levels of about thirty four thousand dollars per Bitcoin, a one thousand nine hundred percent increase over one year would put Bitcoin comfortably over the six hundred and forty thousand dollar price level. That to me seems wildly bullish and way too high. And I want to emphasize that there's a lot of estimation and assumption going into that calculation. But there is no guarantee that these spot Bitcoin purchases are going to be market orders and directly impact that price. And there's no way to know how much selling might be done once these numbers start to run up. Still, though, there's no denying that the mass approval of spot Bitcoin ETFs, combined with a new Bitcoin halving, would bring about a huge increase in demand alongside a huge reduction of supply, very similar to what we saw in 2004 November when Gold launched their ETF in the November of that year. That's just what I think. Let me know down in the comments how you think all of this is going to play out. Will the SEC approve a spot Bitcoin ETF or continue to keep them shut out of the market? And how much money do you think institutions are going to be bringing into Bitcoin once the ETF actually gets approved? Or do you think secretly they're already accumulating? That's all I got for this one. Make sure to smash that like button and subscribe to the channel to keep yourself educated on all things crypto. That being said, I'll see you all at the top.
Newsradio 600 KOGO
"six hundred" Discussed on Newsradio 600 KOGO
"There's hope you know kamala harris is still uh... in a position no no no stop with that stuff stop with that stuff mark what mike it's just a act you know i don't think it is the way i think people would rather have come with harrison a republican i don't know that well that's i guess i don't you think that uh... yeah well i i do i would not have wouldn't agree there but i i guess if you want to have dinner oh that's that was an official way no but seriously no it's really good i i don't know well i guess because california should be owned because she's got a d behind her name the borders are i will tell you i'm telling you there will be a blue wave that red wave that disappeared because of us there'll blue wave that won't disappear because of us because what the democrat republicans are doing they can't find a leader and you're going to ask them to vote for them for what why would i vote for a republican in the house when they can't get their you -know -what together that's michael reagan with kogo's mark larson and i'm clif albert kogo news is news radio six hundred kogo and i heart radio podcast updates this week on your free i heart radio app the ben ferguson podcast ben ferguson brings you the commentary on the news that the biased media will not cover tutor dixon podcast talk to the biggest names politics in and conservative media and most importantly will get you the truth about the issues that affect you your family and our american way of life the truth with lisa booth cut through the noise and get straight to the heart of what actually matters with the political and legislative impact of the hottest issues hear these podcasts and more on your free ir radio app wherever you get your when news breaks hamas does not represent the palestinian people hamas uses palestinian civilians as human shield state department officials say that u .s. citizens who are overseas should exercise priest caution news radio six carrick as hostilities continue with hamas in gaza israel also dealing with airstrikes near the border with lebanon fox's greg palcott is there israel responding with artillery tanks anti -missile defenses and armed drones the latest soldier killed israeli american omar balva civilians are evacuating that area more than 200 hostages remain in hamas custody some are americans with the release of two a mother and daughter one father holds hope is like living hell so the only alternative is to keep on walking and that's what we're doing even though we have black this hole in our soul ruby chan speaking on fox's cavuto live and no progress on a house speaker america's listening to fox news news news radio 600 kogo live local breaking in the kogo news center i'm phil farrar if you had a tough time getting home yesterday afternoon s because a woman led several law enforcement agencies of rush hour chase started in la jolla past old town the women went to seaport college but managed to get away from police and then got on the ninety four ran out of gas ran across the freeway and then was taken into custody the word issue was involved in a domestic violence case and violated a restraining order war is held but Palestinians and israelis can agree on the sad statistic neither side has enough funeral cars ambulances or as they struggle to bury the dead here in the u s rallies by israel and pro -palestinian supporters taking place across the country one tomorrow here in san diego six dollars or rather five dollars sixty two cents as we see another drop at the pump that is for regular cogo's updated san diego weather mid seventies along the coast to if you make your way inward we'll see eighty degree temperatures right now downtown it is seventy three degrees i'm phil for our stay connected stay informed on san diego's breaking news station news radio six hundred cogo cogo
Newsradio 600 KOGO
"six hundred" Discussed on Newsradio 600 KOGO
"Six hundred media minute with howard kurtz president by yesterday delivered a strong emotional empathetic denunciation of sheer evil and bloodthirstiness by hamas you could the see pain etched in his face as he spoke of the casualties including fourteen americans and those taken hostage which also includes americans might be on t -v everyday talking about israel and driving the news cycle politics is a visual business and when people don't see their president on the air on their screens they assume he's not leading whatever he may be doing behind the scenes meanwhile as new the evidence of the hamas atrocities beheading israeli soldiers beheading israeli babies uh... has spread the world condemnation is growing and journalists are pointing out often emotionally the atrocities with your media minute howie curts foxnews securing america much of america's security and military infrastructure remains focused on israel and that country's war with results secretary of state anthony blanking was in israel thursday as long as there's a united israel will never be along depending on has and will continue delivering military and supplies to the israelis defense secretary lloyd austin meeting with israeli defense officials friday we're moving rapidly to provide uh... israel what uh... what it needs but national security council spokesman john curvy says there is one thing that will not be happening tensions no plans to put uh... secretary blanking says this is the most important principle right now or evil and
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1429: Bitcoin $220,000 (Short Term) In Play - Max Keiser
"Say goodbye to your credit card rewards. Big -box retailers led by Walmart and Target are pushing for a bill in Congress to take away your hard -earned cash back and travel points to line their pockets. Senate Bill 1838 would enact harmful credit card routing mandates that would end credit card rewards as we know it. If you love your credit card rewards, visit HandsOffMyRewards .com and tell them to oppose credit card routing legislation paid for by the Electronic Payments Coalition. In today's show, I'll be breaking down the latest Bitcoin technical analysis and quoting the high priest of Bitcoin, Max Keiser. For world peace, let's have a day of Bitcoin. All the troubles you see, all the wars and hatred are caused by fiat money and central bankers. Bitcoin fixes this. Martyring yourself for fiat money is foolish. Get right with Satoshi and perfect money. Bitcoin preach. Also in today's show, long -term hodlers buy 1 .35 billion dollars worth BTC as the whales continue stacking. Also breaking news, Japanese yen -backed digital currency DCJPY to go live in July 2024. Also breaking news, Caroline Ellison's testimony shared that SBF bribed Chinese officials for 150 million dollars to unfreeze funds using Thai prostitutes. Not only that, but Caroline and Bankman freed conspired to keep Bitcoin under $20 ,000 by selling customer BTC. We'll also be breaking down USDR stablecoin, dpegs to $0 .53, as well as ARK's amended spot Bitcoin ETF filing is a good sign of future approval. I'm also going to be sharing with you Max Keiser's short -term price prediction for Bitcoin of $220 ,000 and quoting him here from a recent speech he gave at Pacific Bitcoin Conference. If you want to live in America, move to El Salvador. If you want the Constitution, a Bill of Rights, move to El Salvador. If you want to feel freedom of expression, move to El Salvador. That's the America. The Statue of Liberty is now a volcano and it's on the tropics and it's a guy named President Pukele running the joint and I suggest everyone who is feeling downtrodden and persecuted and not able to be who they really want to be to get the heck out of this ish hole and move to El Salvador, that's my recommendation to you. 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, this is podcast episode number 1429. I'm your host JV and today is October 12, 2023. Let's kick off today's show as we do each and every day with our market watch. Make sure to say hello in the live chat and at the end of the show I'll give everyone a shout out. How's that sound? As you can see here Bitcoin and all the major cryptos currently correcting and in the red and as you can see on coin market cap, the market cap is barely sitting above that 1 trillion dollar milestone which we have been at for quite some time. It's been pretty stagnant and the 24 hour volume is just above 24 billion with Bitcoin dominance at 49 .9 % and the Ether dominance at 17 .8 % and checking out the top 100 crypto gainers the past 24 hours. Loom is leading the pack up 13 % trading at 21 cents followed by FXS of 5 % trading at $5 .69 followed by Gala at roughly 4 % trading just under looks like or I'm sorry just above 1 .3 cents and checking out the top 100 crypto gainers of the past week you can see it's a mixture of gainers and losers with some of the top losers being Roon and RLB and the top gainer here FXS up over 5 % on the week and checking out the crypto greed and fear index we're currently rated a 45 in fear yesterday a 47 last week a 48 and last month a 30 in fear so there you have it fam how many of you are currently bullish on the king crypto and how many of you been taking advantage of this dip let me know put a BTFD in the comments right down below and where my long -term hodlers that make some noise don't be a stranger yeah I mean and with that being shared now let's dive into today's Bitcoin technical analysis and specifically check out the technicals according to trading view so we could switch it up a bit as you can see here we got Bitcoin currently sitting just above twenty six thousand six hundred dollars down point seven eight percent on the day now if we look at some of the technicals on the one day you can currently see there's literally 14 cell signals you got ten neutral signals and only two by signals now as we can see as far as oscillators are concerned there's one by signal one cell signal and nine which are neutral and when it comes to moving averages and those cell signals there's literally 13 of them right now with one neutral and only one by the one by for the moving average is the simple moving average and I mean that's pretty wild to say the least say goodbye to your credit card rewards big box retailers led by Walmart and Target are pushing for a bill in Congress to take away your hard -earned cash back and travel points to line their pockets Senate bill 1838 would enact harmful credit card routing mandates that would end credit card rewards as we know it if you love your credit card rewards visit hands off my rewards calm and tell them to oppose credit card routing legislation paid for by the electronic payments coalition now I want to discuss really quick a Bitcoin day max Kaiser came up with the idea to celebrate peace around the world especially with all the conflicts and the wars popping out you know left and right and I thought it was a great idea so I proposed this Bitcoin day be celebrated on 11 11 as 11 is a very special omen and a very significant when it comes to numerology 11 11 so here's what I had to share in response to what max shared so max's idea for world peace let's have a day of Bitcoin all the troubles you see all the wars and hatred are caused by fiat money and central bankers Bitcoin fixes this martyring yourself for fiat money is foolish get right with Satoshi and perfect money here was my response I wrote this last night I channeling the spirit of Satoshi declare 11 11 the official Bitcoin day moving forward which shall be celebrated globally Bitcoin equals peace and love Bitcoin the network and Bitcoin perfect money heals the world Bitcoin fixes things major problems such as war inflation poverty corruption famine enslavement and depopulation and that's just the tip of the iceberg or the melting ice cube as a cyber hornet named sailor once described fiat currency and also was the first to put Bitcoin on the balance sheet of a publicly traded company called micro strategy a high priest named max Kaiser along with a fairy godmother named Stacy Herbert introduced Bitcoin to the global stage in 2011 through the first international TV coverage of Bitcoin via the Kaiser report calling Bitcoin the biggest story of this decade as well as coining the phrase Bitcoin is the currency of the resistance and in 2021 president Bukele adopted Bitcoin as legal tender in El Salvador liberating his people and country from fiat money priests and corruption of IMF and central banking cartels as a direct result of adopting Bitcoin as a legal tender Bukele transformed his country El Salvador from the most dangerous with the highest murder rate to now the safest in the Americas with the lowest murder rate now as Bitcoin game theory continues which countries will be next to liberate themselves from their fiat overlords let me know your thoughts in the comments below Bitcoin and the power of the centralization is changing the world putting the power back in the hands of the people 11 11 Bitcoin day so there you have it fam let me know your thoughts on celebrating peace around the world on Bitcoin day come 11 11 which is November 11th literally about a month out let me know if you want to celebrate with me and let's go change the world shall we and with that being shared fam and I'm anxious to read your comments regarding Bitcoin day now let's dive into our next story of the day and discuss the whales continue to huddle follow the smart money they say 1 .3 billion dollars being huddled by long -term buyers let's break this down a new report from glass note an on -chain analytical firm shared that Bitcoin huddlers are adding to their holdings these long -term Bitcoin investors as we know as huddlers don't appear to be phased by the recent volatility damn right according to on -chain data long -term huddlers have been rapidly amassing BTC adding more than 50 ,000 Bitcoin each month to their holdings and now a Bitcoin currently showing signs of slowing down as we're around that $27 ,000 level it seems that most the blame is for the persistent selling pressure as data shows whale investors seeing this opportunity to buy more BTC at a discount rather than to secure profits and according to glass notes huddle or net position change metric the long -term huddlers are purchasing an average of 50 ,000 BTC worth 1 .3 billion dollars at the current price every single month let that sink in fam another metric which is the long term huddler supply which measures the amount of the Bitcoin market cap and huddlers also reached an all -time high of fourteen point eight nine or five nine million BTC this means that seventy six percent of the total circulating supply has not moved in the past five months so congratulations all you long -term huddlers with the diamond hands consequently a roughly ninety five percent of the total Bitcoin supply has not moved in the past month that's freaking fantastic definitely a bullish indicator and to back up this data of increased accumulation we also have crypto analyst Ali Martinez sharing a chart from sentiment showing the whales purchasing around 20 ,000 Bitcoin since the beginning of October worth currently roughly five hundred and fifty million dollars so at this rate the number of Bitcoin vaulted by huddlers is poised to pass 50 ,000 Bitcoin in October this increased accumulation suggests that the long -term huddlers remain confident and bitcoins long -term potential and see this price correction as temporary so there you have it fam let me know if you agree or disagree and according to glass note only eleven and a half percent of the Bitcoin circulating supply change hands in the last three months indicating a prolonged and active period of on -chain activity that there are fewer transactions suggesting investors aren't willing to sell at the current price as the industry awaits the approval of spot Bitcoin ETFs send it and let's go as you all know we've been waiting on this for quite some time in 2024 we're gonna get two of the most bullish catalyst you could anticipate and that's the Bitcoin having scheduled to take place in April 2024 roughly six months out along with the approval of a spot Bitcoin ETF in the United States ushering trillions of dollars of that total addressable market into Bitcoin which will absolutely send Bitcoin to price discovery mode entering new all -time highs and that's right around the corner hence why the smart money continues to accumulate and with that being shared fam now let's break down our next breaking story of the day the Japanese yen back digital currency DC JP why to go live July 2024 that's right October 12th digital currency and electronic payments firm the current holdings published a white paper on its crypto project the DC JP why the organization intends to launch this coin July of 2024 right after the having and according to the white paper the DC JP why network will consist of the financial zone and the business zone the former will include banks minting deposit as digital currency on the blockchain a sign of the times right fam while the latter will be reserved for transactions the business zone will also provide space for issuing non fungible security and governance token now the leading issuer of DC JP why will be backed by deposits in the Japanese yen and it will be a Zora Bank a commercial entity with 19 domestic branches in Japan now in 2021 the current reported about a consortium of 70 Japanese companies that would participate in the DC JP why network and while the white paper doesn't mention any specific names of the network participants the current itself is backed by 35 shareholding companies with Japan post bank Mitsubishi and Dentsu group amongst them now the current will hold the seminar seminar in the white paper explaining the main points behind the project October 18th which is roughly next week this meeting will take place in Tokyo and won't be screened online now in May of this year the Bank of Japan released the results of the second phase of its central bank digital currency experiment that's right we know CBDCs it'll make a final decision on issuing a digital yen by 2026 so we all know it's coming through the pipeline fam right meanwhile Binance and Mitsubishi and UFJ trusts and banking corporations are exploring the issuance of Japanese yen and other foreign currency denominated stable coins in the country so there you have it pretty interesting to say the least a Japanese yen backed digital currency can you could you fathom a United States backed currency by Bitcoin because that's what RFK jr. is trying to do anyways fam now let's break down our next story of the day and discuss the latest of what's happening with Sam Bankman freed and Caroline Ellison and the ongoing saga cuz this you got to see it to believe it check this out fam Caroline Ellison and Sam Bankman freed conspire to keep Bitcoin under 20 ,000 by selling customer BTC yeah that's right I mean you can't make this stuff up so did they really do this let's discuss it as you know Bitcoin failed to hit $100 ,000 during the 2021 bull market because defunct exchange FTX kept selling Bitcoin analysis claims and in an ex post Joe Burnett a senior product marketing manager at Bitcoin financial services firm Unchained joined voices arguing that FTX execs suppress the Bitcoin price strength I agree with this theory a hundred percent and I also feel Bitcoin could have likely hit a hundred thousand during that bull run but some shady mofos clearly enemies Bitcoin so as the trial of the former FTX CEO SPF continues new testimony paints the picture of market manipulation that's right Caroline Ellison this week the former CEO of affiliated firm Alameda Research reportedly told the court that SPF asked her to sell Bitcoin should the spot price breach $20 ,000 this was done using FTX customer funds which neither had the right to deploy now this brings in a question in my mind who instructed or ordered Sam Bankman free to dump all the Bitcoin coming in on the exchange once the price surpassed $20 ,000 could it have been collusion with unethical regulators like the chairman of the SEC Gary Gensler isn't that a great question what's your thoughts fam let me know in the comments right down below but wait there's more check it out reacting Burnett suggests that due to the scale of the operations involved the entire Bitcoin bull run could have been adversely affected quitting him here Alameda was insolvent even during the bull market it appears they used or borrowed FTX customer Bitcoin and other customer assets to buy Sam coins better known as FTT Solana and serum he wrote referring to reports that Ellison's firm had a negative value of 2 .7 billion dollars in 2021 quitting him here without this fake cell pressure maybe Bitcoin would have hit a hundred thousand dollars in 2021 what's your thoughts chat let me know and in the event Bitcoin still reached the all -time high of 69 ,000 in November but at the time predictions called for much larger numbers amongst those were the now popular stock the flow Bitcoin price model with Plan B is the anonymous creator of given a price target a Bitcoin hitting up to 288 ,000 during the current halving cycle the worst -case scenario he continued was 135 ,000 by December of 2021 and I'm sure you remember this infamous tweet shared June 20th 2021 he wrote Bitcoin is below 34 ,000 triggered by Elon's energy FUD in China's mining crackdown there's also a more fundamental reason that we see weakness in June and possibly July my worst -case scenario for 2021 according to the price on chain base is August greater than 47 ,000 September 43 ,000 October 63 ,000 November 98 ,000 in December greater than a hundred and thirty five thousand dollars per coin and as doge Cuban shared here I can't stop thinking about an alternate timeline where SPF is president of the United States which Caroline also revealed he had aspirations to become the president Bitcoin hitting a hundred thousand FTX token flipping BTC meat is illegal and the US and Nexus the Bahamas and all women above a three get deported Adam back wrote so that sounds to me more like SPF needs USD liquidity sell BTC but don't sell below 20 ,000 and not try to keep Bitcoin under 20 ,000 an example below 20 ,000 is ridiculously cheap weight or higher so there you have it fam and I mean again he's being she pointed out that he tried to bribe a Chinese official with a hundred and fifty million dollars to unfreeze his billion dollar fund and that he was using Thai prostitutes to do so I mean things just keep getting more and more interesting and the obviously the trial is going to continue but that is the gist of it it's just quite interesting to say the least and with that being shared fam now let's break down our next breaking story of the day and I wanted to throw this in here USD our stable coin has d peg from the dollar currently trading at 53 cents I'm just gonna share a little insights from here the real estate back stable coin USD are how many of you have heard of this let me know lost his peg to the US dollar after Russia redemptions caused the draining of liquid assets such as da I which is the stable coin on the etherium network from its Treasury its project team had revealed us dr backed by a mixture of cryptos and real estate holdings is issued by tangible protocol a decentralized finance project that seeks to tokenize housing and other real -world assets us dr is mostly traded on the pearl decentralized exchange which runs on polygon in the October 11 tweet explained tangible that over a short period of time all the liquid die from their us dr Treasury was redeemed leading to an accelerated drawdown of their market cap as quoting them here combined with the lack of die for redemption's panic selling ensued causing a deep egg so us dr experienced a flood of selling at around 11 30 a .m.
Bitcoin Audible
A highlight from Reboot - Bitcoin & Software Reliability
"With Bitcoin, lives and money are at stake. Interruption of its service can cause a cascade of losses and unintended consequences for potentially millions of people and billions of fiat dollars. If it is possible to build a Bitcoin that cannot fail, that should be the goal, and no compromise should be acceptable. 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, and we have got a great read today. This is actually one I've already done. This is a reboot from way back as read 254 on this show, so you know 400 odd episodes back or reads back, probably five or six hundred on the episode side, but this was a really important one and actually, hats off, my brother recommended that I reboot this one because this is a really, really important kind of foundational topic and how to think about Bitcoin, especially when there's so much arguing over like what features it should have and whether we should implement drive chains and CTV, like all this, you know, like how should lightning work, all this stuff, right? Is it like we're going to just develop this kind of app layer sort of stuff that's just going to, as long as we have the right op code, as long as we've fixed Bitcoin and fixed the security, the long term security budget and all of this stuff, well then we can get all the things that we want and we'll have all the apps and all the features that we need and I think that's a, we've kind of let the framing get away from us and I think it's incredibly important to remember where Bitcoin is in the layers of this system, so to speak, and how we should be thinking about engineering at the Bitcoin layer and this was always when it's, this one's by Beautyon and it's always been a real favorite of mine to kind of demonstrate the stark contrast between crypto and Bitcoin. It's another one that there's kind of an underlying philosophy of how and what even to build that is divergent really between the two communities and this will be really important for tomorrow's discussion or the next episode or the next Guy's Take that I've got coming, it might not be tomorrow, I don't know, it depends on how long it takes me to put all my thoughts together on it, but it's another one in the FUD, we're going back to the FUD series and then we'll also be going back to the basic series, I haven't dropped that or felt like I finished that or anything, I just hadn't got back to it till very recently, so Guy's Take, the next Guy's Take will be, but Bitcoin doesn't innovate because it's funny, I actually think the way I think the proper framing is, the very notion of that question basically argues with itself because the question is what layer of innovation because usually they're talking about it doesn't have the app I want or the feature that I want and so it's actually more fundamental to the question of what are you considering in innovation and this article is so important as context for that discussion, so I think it's really, really good to bring this one back, especially for anybody who hasn't read it or listened to it, this one I think is, it goes into the prerequisites batch, like if I had to pick like 40 episodes or reads or something that just like you just need to listen to, to kind of get the big picture of Bitcoin, this would 100 % be in it, so if you haven't heard, Beauty On's Bitcoin and Reliability, Software well then you are welcome because you are about to hear it.
Crypto Banter
A highlight from The 4 MAIN REASONS This Bitcoin PUMP Will Continue!
"The market is absolutely pumping. You got Bitcoin at $28 ,400. And I guess the big question that everybody's asking right now is, is this another one of those fake pumps? Is this a real pump? Is it going to continue? That's what everybody's asking right now. And I think that's what today has actually got to be about. We're going to ask ourselves the question whether this is another fake pump or whether this pump is going to continue. And if it is going to continue, when will it stop? And if you want to understand whether this pump is going to continue, you need to understand the pump. In order to respect the pump, you need to understand the pump. So today, what we're going to do is we're going to understand what's happening. Where is this pump coming from? And when we understand the pump, we will understand whether this pump is going to continue or not. So that's what today's about. Let's do it. So nice to be back. So nice to be back when the bubbles look like this. You've got to ruin up 12 points. Josh, why does it say Sheldon is live? Ryan is live. So you've got to ruin up twelve point nine five percent that I've got some room in my portfolio. Two dollars sixteen. You've got roll. But look at Robert. Fourteen point four cents. I did tell you guys the other day to buy Robert at I think it was twelve cents. You got BSB up seventeen point one percent. You got Solana up. You got render up. We're going to go through all of the old coins today. What an amazing, amazing, amazing day when that when the bubbles are green. So we're going to do we're going to go through the pump today. We're going to start understanding what this pump is actually about. Why is this market going? And I think when you understand this pump, then you'll understand whether or not the pump is going to continue. I think that's what we need to come out of the show today. We need to understand whether this pump is going to continue or not. So listen, if you are new to the channel, quickly, quickly, quickly, subscribe, subscribe, subscribe to the channel. I know we are over six hundred and fifty thousand subscribers. I don't know why you guys are showing a subscriber account for Banta Plus. We'll talk about Banta Plus. The scarecrows are off form today. Can we get the Banta Plus subscriber count off our screen here today, guys? We're going to talk about that at the end of the show. If we get one thousand five hundred likes, if we can get to one thousand five hundred likes by the end of the show, then we'll take a live trade here on the show. I'm going to show you a live trade that I'm actually going to be taking with you guys in the BitGet competition, because remember now we're in the BitGet competition. I know we've got about three hundred people on my team with Annie, but we haven't taken any trades. The competition only started yesterday. Today, if we get to one thousand five hundred likes, then we're going to do a live trade right here. You're going to see exactly what it is that I'm going to trade. So if you are here, let's get the show on the road. Tell me that you're present. Iris, if you're present, let me know. Ryan John, if you're present, let me know. Moonbird, if you're present, let me know. Kalen, Luke Sniper, if you're present, let me know. Let's get some some energy going up here on a day where the bubbles look like this. Not often we get the bubbles. Let's just quickly go to the one hour. See on the one hour, you can see the momentum is actually continuing. You've got to roll it up six point two percent in the last hour.
Bloomberg Radio New York - Recording Feed
Monitor Show 16:00 09-26-2023 16:00
"Right now, aviation companies like Lufthansa Technik are using virtual reality training to help their mechanics practice crucial engine maintenance skills, helping them prepare for real repairs. Learn more at meta .com slash metaverse impact. Go back 230 years of history, four and a half percent on the 10 year treasury yield. That's the average. So there you go. Yeah. 200 years? That's interesting because Katie keeps bringing this up. And what's great about it is there's, I don't think there's any way for us to actually check anyone's this because data goes back 200 and something from Taylor something years here. All right, guys, we've got a lot to talk about here. I want to start off with the Dow Jones Industrial Average. It is down about 389 points, around thirty three thousand and six hundred points down about one percent here on the day, but more importantly, a close back below its 200 day moving average. The first time that that's happened for the Dow Jones Industrial Average since May. The S &P 500 lower by about sixty four points or about one and a half percent. It is close getting closer to that 200 day moving average, but we should point out it is now on the precipice of being an oversold territory when it comes to the RSI. The NASDAQ composite down more than 200 points or one point six percent. And the Russell 2000 going to finish lower on the day by about twenty three points or one point three percent. All right. Digging a little bit deeper into the big cap names, the S &P 500. We've got the S &P 500, as you said, remain broad based in terms of selling some four hundred and fifty five names to the downside. Katie, forty six to the upside to unchanged. So really a risk off day. And unless my eyes deceive me, you take a look at the industry groups. Every single one is down. We're talking about twenty four industry groups. Hopefully we'll show them soon. Every single industry in the red bear telecom was your relative best bet, but still down two tenths of a percent. And then you go down the list, some of the biggest loser, there's tech hardware.
Simply Bitcoin
A highlight from Saylor Now Own's Almost 1% of All Bitcoin, BUYS MORE | EP 831
"Yo intro first You're against freedom Yeah, we're gonna salute Bitcoin live we're your number one source for the peaceful Bitcoin revolution for breaking news culture manic warfare We will be your guide through The separation of money and state. I hope everyone had an amazing effing weekend I did I got to chill, you know everyone on the weekends like man like like what'd you do? What like, you know, what did you do anything crazy news, whatever? No, man I stayed home and I chilled and I relaxed because the week, you know, it's the Bitcoin rollercoaster making Bitcoin media You know, it's a grind. I'm not gonna lie It's very purposeful and I'm very very grateful and privileged Opti and I are and the rest of the simply Bitcoin crew But but it is it is quite a bit of a grind. So on weekends, I get to chill. Anyways enough of that breaking news Michael Saylor buys Even more Bitcoin the man or micro strategy better said now owns almost 1 % of all Bitcoin sky talk about Conviction this is conviction Michael Saylor is proving to the world and this is something that I've been saying guys in the next two or three years it is going to be Undeniable, it's gonna be an undeniable fact that naim bukele's Bitcoin strategy and Michael sailors strategy on the public company level is Going to be an alternative than holding fiat currencies on their balance sheets Especially with the FASB rule changes, especially with the Bitcoin ETF around the corner there They're gonna they're trying to do whatever it takes and I believe it's politically motivated I'm not the only Bitcoin or that has said this by the way That they're you know, they're trying to slow this down But it's gonna be undeniable and they're gonna have a very hard time Debunking this that Bitcoin Itself, it's just a better money It's just better money and governments are gonna have a hard time disputing that and the reason they're gonna have a hard time Disputing that number one is because they're always going to do they're always gonna want to debase their currency They can't afford the endless wars. They can't afford sending billions of dollars to Ukraine If they didn't have the money printer, so they're gonna have a really hard time explaining that away and number two Censorship, of course, right and the control on money itself, right? A lot of the reasons that the BRIC nations have sought alternatives to the US dollar Not only because the US government is printing a ridiculous amount of money but also because they've politicized the money they've weaponized the money against their political opponents and Fine, you could you can make the argument. I'm not gonna I'm not gonna make those judgments the government of North Korea are bad Okay, and the government of Russia is bad the government of Cuba is bad. I'm not gonna get into those arguments, right? but let's talk about The vast majority of people that live in those countries that are not have nothing to do with the government They're just like you and you and me. They're just trying to get by they get caught in those sanctions they have nothing to do with it and The system that they want you to live in is if you live in a certain if you were if you happen to be born in a certain country You happen to have certain political beliefs. You are not entitled to have to open a bank account You are a danger. You're a risk. Well Bitcoin is for you Bitcoin is your money it works. So they're gonna have a hard time and this is why we call it the separation of money and state This is why we bring up the book the sovereign individuals so much because it absolutely Hit the nail on the head this what we're living through right now, but it's not only money It's also the disintermediation of information which is happening at the same time. You're seeing it with the Russell Brand stuff You're seeing it with the Tucker stuff Independent content creators are now getting more views and more traction than the legacy corporate media of which they cannot control and that freaks them out too, so After we got over this hill after we endure this this this bumpy transitionary period and if we win the race to avoid the war I Agree with Corey Clifton from swan I think that there's a bright orange future ahead of us and I've never been so pumped about it But I got to say one last thing before I bring up my legendary co -host Michael sailor Please leave some Bitcoin for the rest of us. Anyways Opti. How you doing, brother? I'm doing great man doing great. I also unplugged this weekend. It felt good I was literally joking with everyone in the spaces. I literally lived the meme. Did you guys catch the game this weekend? I unplugged completely what game did he catch? I caught all the games. I didn't do anything yesterday I literally did not a thing yesterday, but watch football Throw tomatoes all you want, but it was it's a great weekend It's good to be a big corner and then also guys mad sailor leave some Bitcoin for the rest of us she It's almost like you taking it all it's almost like you trying to buy all the Bitcoin. Yeah. No, he definitely is bro He he owns 1 % he almost owns 1 % of every Bitcoin. We're at that point. We're at that point in the movie, dude Well, I think this is the PSA where we tell everyone to stop selling your Bitcoin to Michael sailor and huddle onto them coins We're in the dark it actually I saw a good tweet before we go on Nico I saw a good tweet this weekend and it was something on the lines of like Dang, I wish I could remember but it was something like Willy. Woo is bearish Someone there is another part and then it's like and Bitcoin maxis are watching d3 football like if you can't tell that this is the deepest parts of a bear market Like are you even watching there? It was a great tweet I wish I could say it off the top of my head But as you can tell we're in the deep parts of the bear market I hope you guys are stacked and I hope you guys are getting your cash flows up and Just you know getting your body right mine, right? This is the time to get your UTXOs in order to make sure that everything is copa static as we move into a crazy Bull run. Anyways, Nico, we were gonna have a guest today But I'm kind of glad that they didn't show up because I wrote an article for once guys And I'm actually really hyped on this one so I'm gonna read it for you I'm gonna do my best guy Swan impersonation today, and I I think you guys are gonna really like this one So, I don't know it. It's got a lot of soul. It's got some spirit in it It gets me hyped up and maybe I'll give you context for it. I'll just read it and see what Nico thinks He I don't even think Nico seen this yet So I'm excited to get his response his reaction to we're gonna do a reaction video on today's simply Bitcoin Anyway, you go let's get into the show. Are we gonna get a Nico Jones take today? Are we gonna get a wild Nico John? I think so. We got something spicy for the numbers, bro. Let's jump in today. I bet The Bitcoin numbers is your Bitcoin in cold storage really secure is your seed phrase Really secure stamped seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade Titanium plates instead of just writing them on paper Don't store your generational wealth on paper papers prone to water damage fire damage You want to put your generational wealth on one of the strongest metals on planet Earth? titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they Aren't going anywhere. No risk of the plate breaking apart and pieces falling everywhere Titanium stamped seeds will survive nearly triple the heat produced by a house fire They're also crush proof waterproof non -corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for The long haul stamp your seed on stamped seed. All right, everybody. I literally made it super frickin easy Don't put yourself in a situation while you lost Why you have to explain to your grandchildren while you lost your generational wealth because you stored your seed on paper store it on Titanium scan the QR code on your screen use promo code simply get 15 % off anything on the stamp seed website anyways at the time of recording The Bitcoin price is twenty six thousand three hundred and forty sats per dollar three thousand seven hundred ninety seven block height eight hundred nine thousand three hundred and three blocks to having Thirty thousand six hundred ninety seven having estimate April 21st 2024 total lightning network capacity four thousand six hundred seventy three Bitcoin Capacity value one hundred twenty three million u .s. Dollars realized monetary inflation one point seven five percent the market capitalization of Bitcoin 513 billion dollars with the B Bitcoin verse gold market cap three point nine nine percent All right, everybody so Opti said Nico Jones ran potential Nico Jones rant What what is this potential Nico Jones rant gonna be about? Well, we've talked about the you know It comes from like the political front this this this saying but I'm gonna apply it to Central bankers, I'm gonna apply to politicians Right, and there is something in the in the political Rhetoric recently and it's called the iron law of something projection, right? So we're gonna take away the political rhetoric because we believe on simply bitcoins not left versus right, right? It's a party of orange versus party of green party of central bank digital currencies nihilism poverty slavery versus a party of freedom Bitcoin Prosperity opportunity optimism, right? So that's really what it's about But I'm gonna take that rhetoric because it is very very powerful rhetoric and I'm gonna say the iron law of central bank Politicians projection never fails it never frickin fails let me introduce you to senator Mendez of New Jersey and let's take a look at what he has to say about Naeem Bukele of El Salvador We have an increasing challenging situation in El Salvador one that threatens both the future democracy in the country and bilateral relations of the United States Over the last two years president Bukele has presided over a number a number of alarming setbacks for democratic governance undermining judicial independence intimidating opposition lawmakers by using security forces to occupy the legislature negotiating political pacts with gangs regularly attacking journalists and media outlets and In addition to these actions Bukele has also repeatedly used his network of Twitter trolls to attract and to attack And threaten not only government critics within El Salvador, but also United States officials We have an increasing challenging situation in El Salvador one So this is just internalize everything everything that this guy said right, you know senator meant You know, he sounded so legitimate.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1410: Bitcoin Will Hit $10,000,000 Per Coin - Binance CEO CZ
"In today's show, I'll be breaking down the latest technical analysis. And also I'm going to be sharing with you a 48 ,700 Bitcoin price target, pre halving according to a top analyst. Also did you know it was exactly six years ago today, China tried and failed to ban Bitcoin for the second time and ever since the Bitcoin price action is up 600 % and the mining hash rate is back at all time highs. Also quitting Max Kaiser, Bukele has restored the human rights to 7 million Salvadorians that have been taken away by murderous runts, the British and American state, a 93 % approval rating tells the story of the most popular leader in the world. And now Bukele -nomics is being copied around the world as a blueprint for freedom and justice preach. Also in today's show, Mt. Gox repayments delayed yet again. Creditors are waiting on Bitcoin, Bitcoin cash and Yen payments until next year in 2024. We'll also be discussing, according to this latest report, Coinbase currently holds 5 % of the entire Bitcoin supply in existence. That's right. While Coinbase holds 25 billion in BTC, the exchange only owns around 200 million in Bitcoin and its wallets. We'll also be discussing the catalyst, which will catapult the Bitcoin price action. According to skybridge capitals, Anthony Scaramucci will also be discussing the latest with the Binance CEO CZ setting the record straight on $250 million loan claims. That's right. The US court had recently denied an inspection plea by the SEC. I'll be breaking down this latest FUD and speaking of CZ, the Binance CEO predicts the Bitcoin price will reach $10 million per coin. In fact, a couple of years back in an interview, he said, if all of the major institutions allocate 1 % Bitcoin, we're going to see 1000 X or more growth of the Bitcoin price. And if you run the math, 1000 times today's price action is 26 to $27 million per BTC. 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 crypto news alerts .net. Again, that's crypto news alerts .net and welcome everyone just joining us. This is podcast episode number 1410. I'm your host JV and today is September 23rd, 2023. So welcome to another sat stacking Saturday. Let's kick it off with our market watch as we do here each and every day, seven days a week. We can see Bitcoin back in the green trading above 26 .6 and we also have ether back in the green trading at roughly $1 ,600. The market cap is sitting at 1 .06 trillion with roughly 17 billion in volume. In the past 24 hours, we've got Bitcoin dominance at 49 .1 % and the ether dominance at 18 .2 % as Bitcoin continues outpacing Ethereum and checking out the top 100 crypto gainers of the past 24 hours, we've got theta lead in the pack up 7 % trading just under 64 cents followed by rocket pool up 4 % trading at $21 .63, followed by chain link up 4 % trading at $7 .18 and checking out the top 100 crypto gainers of the past week, we have WeMix leading this pack up 15%. We have PLS up 8 .2 % and XRD up 11, I mean 7 .4 % and checking out the crypto greed and fear index, we're currently rated a 47, which is neutral. Yesterday was a 43 in fear, last week also a 43 and last month a 41 in fear. So there you have it. How many of you have been stacking M -Sats and taking advantage of the recent dip in dollar cost averaging? Let me know. And how many of you are anticipating Bitcoin price action to maybe dip a little further south before packing some new positions? Let me know how you feel with the current status. And also just quick reminder, we're almost at the end of September historically, September is the worst month out of the entire year for the Bitcoin price action, but it's always followed by up tober, which is historically one of the most bullish months for Bitcoin. So we only have another week until we get out of September. So we'll see how this is likely to play out. Let's break down today's Bitcoin technical analysis. Bitcoin failed to reclaim 27 ,000, though we came close. It stalled at 26 ,500 as of right now. Meanwhile, the altcoins are in no better shape with minor losses coming from most of the larger cap ones. With Chainlink, the only one with a notable price increase. So last week was expectedly less volatile, aside from the brief spike on Saturday that pushed Bitcoin then to the multi -day peak of 26 ,400. But after failing to continue upwards, Bitcoin retraced at 26 ,000 and spent the rest of the weekend there. Then Monday didn't start all that positively either, but finished the way. Bitcoin went on the offensive and soared above 27 ,000 for the first time in weeks, but then shortly dumped after. But the bulls kept the pressure on and pushed Bitcoin to a new 20 -day peak at 27 ,500 on Tuesday. The next few days were rather calm with Bitcoin maintaining 27 G's, even after the US Fed's decision to stop raising the interest rates. Yet Bitcoin's momentum disappeared by Friday as it fell to 26 ,400. It even tried to bounce off the end of the day, but failed and currently stands at 26 ,500. Its market cap is south of 520 billion, while its dominance over the alts still just inches shy of 49%. So there you have it. And as we mentioned a little earlier, the altcoins, a lot of them are also in the red with the exception of Chainlink, which seems to be outpacing the rest of the major alts. Now for a prediction from Titan of Crypto, here's what he shared on X. Bitcoin 48 ,700 before the halving rocket ship to the moon. You might want to bookmark this one. Fam, never in history the halving occurred without Bitcoin reaching the 78 .6 % Fibonacci retracement level. So first off, first cycle price reached this four months before the halving, and the second cycle it was two months before, and then on the third cycle it was 12 months before. The next halving is now roughly six months away. Bitcoin might reach the 78 .6 % Fibonacci level within this period as it currently lies at 48 ,700, but the million dollar question remains, will this time be different? So as we enter this fourth halving, let me know where you feel the Bitcoin price action is likely to hit before we have liftoff. I mean, obviously that would be a bullish scenario setting us up for a perfect price discovery in 2024 post halving. So I cannot wait. I hope the analyst is right. And if you didn't know, it was exactly six years ago. China tried and failed to ban Bitcoin for the second time because guess what? You can't ban Bitcoin. You can try. Good luck with that. And ever since the price action on the King Crypto is up 600 % and the mining hash rate continues to hit all time highs. And as you know, hash rate is a good indicator for the strength of the network, meaning the market cap is just north of only $500 billion. And as Max points out here, referring to Bukele, he has restored the human rights of 7 million Salvadorans that have been taken away by murderous runts. The British and American state, a 93 % approval rating tells the story, the most popular leader in the world. And now Bukele Nomics is being copied around the world as a blueprint for freedom and justice. Massive shout out to Najib Bukele and the people of El Salvador. Which country do you feel is likely to adopt Bitcoin as a legal tender next? Let me know your honest thoughts in the comments below. I feel it's going to be another Latin American country. I'd say a great candidate for that is Argentina, which has hundreds of millions of people. We have Javier Malay, the pro presidential candidate. There is a 70 % chance plus that he is elected as the president. And we already know the likelihood he could make Bitcoin a legal tender, especially being orange -pilled by Max Keiser, who is the senior Bitcoin advisor for President Bukele. As Max has already announced, he can't wait to touch down in Buenos Aires to orange pill Javier Malay. Then we also have Mexico. We have people like Ricardo Salinas, the third richest man in Mexico, very pro Bitcoin, claiming Bitcoin has been his best investment ever because, again, Max orange -pilled him back in 2014. Then we have Brazil and so many other countries that make Bitcoin a potential to become legal tender. And we all know that's going to be a game changer. And that's just another catalyst on top of the Bitcoin halving scheduled in six months in 2024, plus the approval of a spot Bitcoin ETF in the United States. So can you say fireworks lays ahead? Let's go. Now let's discuss the latest more bullish news, meaning Mt. Gox is going to be delaying these payments, which means no crypto is going to be dumped onto the open market anytime soon, which again is good for the hodlers. Check it out. Now we got Nobuaki, the Mt. Gox trustee in charge of the funds owed to the exchange creditors, updated the public on September 21st, two days ago, according to the trustee, because of the lengthy discussions with specific payment providers, he could not make the October 31st deadline. That was the initial deadline, fam. And because of this reason, the repayments will start next year. And so they say, quitting him here. Therefore, with the permission of the Tokyo district court, the rehabilitation trustee changed the deadline of the base repayment, the early lump sum repayment and the intermediate repayment from October 31st, 2023 Japan time to October 31st, 2024 Japan time, respectively. By the letter of the Kobashi details, the Mt. Gox creditors waited nine years for payments. Good Lord. Currently, they're owed one hundred and forty one thousand six hundred and eighty six BTC plus one hundred and forty two thousand eight hundred and forty six Bitcoin cash and sixty nine is that billion yen. Good Lord. I'd love to know what that equates to in dollars anyways, though the delay has been extended. The creditors who have completed their claims might receive the payment by year's end, quoting them again. Rehabilitation creditors who have provided the necessary info to the rehabilitation trustee will see the payments made in a sequence as early as the end of this year, according to the letter. However, this schedule could change. Kobashi also said that due to the high volume of inquiries regarding the process, the rehabilitation team might not respond promptly. Well, that doesn't sound so promising, but I guess it's a good sign that most of this cash is not going to be dumped off any time soon, as there's a lot of FUD that's always circulating. The Mt. Gox, you know, sell off is going to crash the entire market. I think that is very unlikely and is nothing more than FUD. And again, we're gearing up for the most bullish sentiment in the four year cyclical cycle amongst us in twenty twenty four. So versus being in fear, I would be very optimistic about what's to come for the king crypto and the crypto market as a whole. But what are your thoughts, fam? Let me know in the comments right down below. Now let's discuss the largest crypto exchange in the United States. Clearly, it is Coinbase. The CEO is Brian Armstrong. But did you know, according to this latest report, they currently control and own over five percent of the Bitcoin in circulation. That's pretty hefty. And let's break this one down. And how many of you have used the Coinbase crypto exchange before? Let me know in the comments below. Here we go. Blockchain intelligence platform ARKAM recently identified the crypto exchange Coinbase holds almost one million Bitcoin in its wallets like, whoa, the coins are worth more than twenty five billion dollars at the current prices. Now, according to ARKAM, the exchanges holdings amount to almost five percent of all the existing Bitcoin. ARKAM said Coinbase holds a total of nine hundred forty seven thousand seven hundred and fifty five BTC. And at the moment, Bitcoin circulating supply is around nineteen million four hundred ninety three thousand five hundred thirty seven, according to coin info on CoinGecko. And as ARKAM shared here on X, ARKAM now identified twenty five billion of Bitcoin's Coinbase reserves with one million, approximately Bitcoin on chain. This makes Coinbase the largest Bitcoin entity in the world on ARKAM, with almost five percent of all the Bitcoin in existence, almost as much as Satoshi Nakamoto. Crazy, right? Furthermore, ARKAM noted that it has tagged and identified thirty six million Bitcoin deposits and holding addresses used by the exchange. And according to ARKAM, Coinbase's largest cold wallet holds around ten thousand BTC. And based on the exchanges financial reports, the intelligence company believes that Coinbase has more Bitcoin than are yet labeled and could not be identified. And while Coinbase holds over twenty five billion worth of Bitcoin in its wallets, the exchange only owns around ten thousand of all the Bitcoin in which it holds, which is roughly two hundred million dollars, according to the recent data. Meanwhile, community members express varying reactions to the news about the amount of Bitcoin on the centralized exchange in which they hold. Some believe it's a sign to withdraw their Bitcoin from the exchanges, warning hodlers not to wait until the exchanges start to halt withdrawals. Others say that since there are legitimate concerns over cold wallets, there is no good way to store your assets. I'd like to chime in real quick. Obviously, if it's not your keys, it's not your coins. So while a custodian such as Coinbase can hold your crypto, you've got to also note that it's not yours. So if something were to happen, hypothetically, like we've seen with FTX and the collapse last year, then not your keys, not your coins, they don't belong to you at the end of the day. So you've got to start to weigh the risk reward with having a custodian such as Coinbase or a centralized exchange hold your coins versus taking the responsibility for yourself and learning how to self custody your own crypto and call storage such as with a Bitcoin cold wallet, such as a treasure. So I just wanted to point that out. There's no right or wrong way to hold your crypto. You've got to do what's in your best interest, of course. So, you know, I mean, just want to keep it real at the end of the day. So check it when it comes to Bitcoin ownership by companies, business intelligence for MicroStrategy still owns most Bitcoin. I believe it's over one hundred and fifty two thousand eight hundred BTC, to be exact, worth over four billion dollars at the time of this recording, making them the largest publicly traded company to have Bitcoin on their balance sheet. Now, another major company that controls over six hundred thousand BTC is Grayscale in their GBTC product, the Grayscale Bitcoin Trust, which they just recently had a lawsuit against the SEC with the plan to convert their trust into a spot Bitcoin ETF. So considering they already control the underlying asset in the sum of over six hundred thousand BTC makes them a pretty strong contender. Wouldn't you agree? Let me know your thoughts, fam. And now let's break down our next story of the day and discuss the Bitcoin price likely to catapult along with the altcoin to coin to SkyBridge Capital, Anthony Scaramucci. Let's break this down. Shout out to the Mooch, SkyBridge Capital founder Scaramucci is detailing how one catalyst could have a bullish impact on Bitcoin, as well as the alt. In an interview with the Wolf of Wall Street, Scott Melker Scaramucci says that a spot Bitcoin ETF could be approved in the first quarter of twenty twenty four, which seems to be a ninety five percent likelihood, according to top ETF analyst at Bloomberg, Eric Balchunes. So according to SkyBridge Capital founder, the approval of the spot Bitcoin ETF and the Bitcoin halving, which is expected to occur in April of twenty twenty four, could combine to ignite a crypto bull market. No, it's not. It could combine. It will combine. Just saying. Quitting him here as Wall Street or products on Wall Street are sold, they are not bought. And so there is going to be tens of thousands, if not one hundred thousand plus people at these Wall Street firms selling these products to their traditional investors. So people that are in Bitcoin understand the finite supply of Bitcoin, right? We all know there's a finite limited supply, 21 million, and they understand the nature and the quality the Bitcoin has. This will push Bitcoin up. Of course, it will have a dramatically positive effect on the altcoin market because it will lead to more capital into digital properties so people can think whatever they want. They can think short term about the near term volatility of Bitcoin. But these macro positive factors are overwhelming. And according to Scaramucci, the potential approval of a spot Bitcoin ETF filed by giant asset managers such as BlackRock, who controls over 10 trillion in assets under management and Fidelity, that controls over four and a half trillion in assets under management, can see Bitcoin increasing its market cap by roughly 24 times from the current level. We'll send it. Let's go quoting the Mooch here. It is important that now the largest asset manager in the world who started out with some level of skepticism related to digital assets and Bitcoin is now willing to adopt Bitcoin. I mean, I guess they mean BlackRock is willing to adopt Bitcoin, but even more important than that, they're willing to explain to their clients. I think BlackRock now has 13 trillion dollars in assets under management. So for them, seven trillion for Fidelity. While these numbers are higher than I even imagine, while their clients need exposure to digital property like Bitcoin. And so we have a five hundred billion dollar plus market for Bitcoin. So you and I know gold is at 12 trillion ish, depending on where it's trading. But yes, 12 trillion. There is no reason why Bitcoin couldn't get gold. So there you have it. And to watch this video interview he did with Scott Melker entitled 37000 Bitcoin. Can it skyrocket 35 percent? Check the show notes below the video in the description. And I think we all could agree it's only a matter of time before Bitcoin returns to price discovery mode, virtually meaning entering new all time highs. My personal prediction is sometime in 2024, considering the two biggest catalysts, which we just covered, the Bitcoin halving and Bitcoin ETF approval, which we know is going to be a given, especially considering the SEC is not going to be able to push it back and push back that deadline any longer because, you know, they just they have been pushing it back now for 10 years while they continue to approve futures ETFs, which can allow them to spoof and manipulate the market, which is all by design. At the end of the day, there's not new under the sun and three things cannot be long hidden. The sun, the moon and the truth. But just saying. Anyways, fam, now let's discuss the ongoing fight against CZ, the finance CEO with this 250 million dollar loan. And then I'll be breaking down his 10 million dollar price prediction and in fact sharing a transcription of him claiming that Bitcoin can thousand X from the current price, which would ultimately mean not 10 million, but we're talking twenty six to twenty seven million dollars per coin. Let's break this down. So here we go. First, with the FUD, the Binance CEO, CZ Shangping Zhao had refuted a recent report alleging that he received the 250 million dollar loan from BAM Management, the company that serves as the holding entity for Binance US. Now, how many of you have used Binance US or Binance before as the exchange? Let me know, fam. The development comes amidst Binance's struggles with plunging trading volume as the world's largest crypto exchange faces mounting lawsuits and increased scrutiny, regulatory which seems to all be by design by the SEC and the regulators. Right. The report published by Decrypt September 19th drew its conclusions from court documents associated with the ongoing lawsuit involving Binance and the United States. SEC, according to the news agency's interpretation, the Binance US legal representatives asserted in the documents that BAM Management US Holdings had issued a quarter billion dollar convertible note to CZ back in December. CZ, however, challenged the accuracy of the report when he tweeted the following. The amount of wrong information is just they got the direction wrong. I loaned 250 million dollars to BAM a while back, not the other way around, and have not taken it back. The Binance CEO clarified that the loan arrangement was, in fact, the opposite of what was reported in the post. The exec explained that he had extended a 250 million dollar loan to BAM Management and asserted that he had not yet received the payment. So there's nothing new under the sun. Just more FUD, it seems like, fam. The legal battle has taken a toll on Binance US, which saw a flurry of employee departures. The US SEC alleged that Binance was not cooperating in the ongoing probe and even claimed that BAM refused to make essential witnesses available for deposition. Concerns were also raised on CEFFU, which happens to be a custody service offered by Binance's international arm, Binance Holdings Ltd. The SEC's filing claimed that the platform appeared to be in violation of a previous agreement designed to prevent the transfer of the assets abroad. And despite the scathing attacks by the financial regulator, Binance scored a small win this week. The SEC's motion to approve an inspection into Binance US was denied by the USDC District Judge, Zia Farokhia. So there you have it. I mean, the ongoing FUD will more than likely continue, as obviously Binance is the largest crypto exchange in the world and regulators seem to have a problem with them and want to go after them for whatever apparent reason. So, like I said, hopefully in the end, you know, truth is revealed and the real story versus all the FUD and, you know, the manipulation of the price action and all the shenanigans we continue to witness in the market. And with that being shared, now let's dive into the Binance CEO, CZ and his 10 million dollar price prediction, as well as him predicting that Bitcoin price action could even a thousand X from here, sending the Bitcoin price parabolic to 26 or even 27 million dollars per coin. Let's break this baby down, shall we? Here we go. JV, have you ever heard of him? A crypto YouTube influencer from Crypto News Alerts remembered CZ's prediction. You're damn right I did. The Bitcoin would reach 10 million per coin. JV referred to the statement in a recent video uploaded on YouTube where he analyzes various aspects of the Bitcoin market development. Now, JV looked back at CZ's Bitcoin prediction while analyzing the Bitcoin CEO's recent Twitter comments. And in a Q &A session on July 5th, CZ addressed several issues, including Binance's reaction to the ongoing regulatory scrutiny. He also spoke about the rising interest of institutional investors in crypto currencies, as well as the proposed BlackRock spot Bitcoin ETF. CZ made the 10 million dollar price prediction back in 2021. In fact, I have the article already pulled up and I'm going to be reading word for word what he shared. Following MicroStrategy's announcement, allocating Bitcoin for the corporate strategy, CZ based his analysis on the possibility of several corporate companies, major institutions across the world, allocating just one percent of their corporate treasury into Bitcoin. And according to CZ, that would lead to a thousand X growth in the value of BTC. JV highlighted CZ's welcoming approach to institutional investors in the Bitcoin ecosystem, and CZ noted that advantages in traditional finance firms they bring to the crypto industry, despite concerns about their intentions clashing with Bitcoin's decentralized nature. And according to JV, CZ identified two key factors driving Binance's strategy for the next 18 months. They include the upcoming Bitcoin halving event now less than six months out, as well as, you know, we could be seeing a Bitcoin ETF here in the near future. The Bitcoin community expects the next halving to occur in April of 2024. Now quoting CZ word for word from the initial interview he made on Bloomberg Radio predicting a potential 1000 X increase in the Bitcoin price action. So here's what he had to say. Right now, I think only 11 companies again, this is right around the time that MicroStrategy announced putting Bitcoin on its balance sheet. They announced having allocating some talking about Bitcoin, like usually less than one percent of their corporate treasury to Bitcoin. And we think that it is most likely what caused the initial price rise. I think MicroStrategy's Michael Saylor started it first, but there are six hundred and fifty thousand companies in the world, like relatively established companies in the world, and their treasury is huge. Preach. So if all of them talking about these major institutions only allocated just one percent to Bitcoin, we are going to see, I don't know, 1000 X more growth in the Bitcoin price. And if they allocate more than one percent, then it's going to be even bigger. So I think people don't quite get the magnitude of the wave that is about to hit us. Now, let's run that math one more time. Fam, today's price is roughly twenty six thousand five hundred times that by one thousand. He's talking about a twenty six and a half million dollar Bitcoin price action. The potential if they only put one percent of their strategic reserves into Bitcoin, you do the math. If it's five X and five percent, what are we talking? One hundred and twenty million dollar Bitcoin price. Just saying this is coming from CZ, the world's richest man in crypto. So very powerful words indeed. Let's get back to this prediction of what he shared. So the finance CEO estimates that the flagship crypto can go up anywhere from nineteen hundred percent to twenty thousand percent from the current price levels from the time he made the prediction. And he goes on to share with price predictions. It is really, really difficult. I think it can go to, I don't know, one million dollars, ten million dollars. It is very hard to tell. And again, if we literally did a thousand X from today's price, we're talking twenty six and a half million per BTZ. So CZ also reveals that the exchange is onboarding new users as an at an unprecedented sustained rate during the bull run, outpacing its user growth during the twenty seventeen bull run. So again, this was during the twenty twenty one bull run. Here's what he had to share. Just to give people the idea, in twenty seventeen, when Bitcoin hit the peak of about 20 G's, we were seeing three hundred thousand new registered users per day. And that only happened for a couple of days. And that kind of trailed off and became slower. Now we're seeing sustained new user registrations above the peak and sustained like for over two to three months. So could you imagine running the world's largest crypto exchange and having over three hundred thousand new registered users every single day for like 90 days straight? That is insanity. And that's the previous market. I think twenty twenty four is likely going to outpace the previous market as Bitcoin becomes a common household name and as Bitcoin game theory continues in full effect. You have presidential candidates making Bitcoin a big determining factor. We have people like Ron DeSantis, Kennedy Jr., Javier Malay over in Argentina. So naturally, it's just going to create more commotion and positive catalysts for Bitcoin as we move forward into twenty twenty four. So, I mean, fireworks are ahead. Let me know how you feel. We're likely to finish out this year by December of twenty twenty three. Where do you feel the Bitcoin price action is likely to be? 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.
Thinking Crypto News & Interviews
A highlight from Fred Thiel Interview - Sovereign Wealth Funds Investing in Bitcoin & Bitcoin Mining - Marathon Digital Holdings
"At five, six hundred billion dollars of total market cap for Bitcoin, if you include all the Bitcoin that have been produced today, a sovereign who wants to go park fifty billion dollars because they happen to have a five trillion dollar set of assets in their overall portfolio, that would have a huge impact on the price of Bitcoin. INTRO This content is brought to you by Link2, which makes private equity investment easy. Link2 is a great platform that allows you to get equity in companies before they go public, before they do an IPO. Within their portfolio includes crypto companies, AI companies, and fintech companies. Some of the crypto companies you may recognize include Circle, Ripple, Chainalysis, Ledger, Dapper Labs, and many more. If you'd like to learn more about Link2, please visit the link in the description. Welcome back to the Thinking Crypto podcast, your home for cryptocurrency news and interviews. With me today is Fred Thiel, who is the CEO of Marathon Digital Holdings. Fred, it's great to have you back on the show. Great to be here. Fred, we last spoke about two years ago. I'm excited to hear the latest updates around Marathon Digital. I'm excited about the boom in Bitcoin mining in the United States. And Marathon is certainly one of the leading miners. Tell us what's new with Marathon. Well, compared to two years ago, we've grown a lot. We're now with over 23 exit hash of installed capacity, about 19 exit hash operating, just waiting to turn on our Garden City site, which should be any day here. And we've also expanded internationally. So we now have a 250 megawatt installation in Abu Dhabi, 50 megawatts of which is up and operational. That's all immersion. It's the first site that we've designed, inspect, built and operate ourselves fully. So that's very unique conditions. It's the middle of the desert and next to the Persian Gulf. So it's very hot, very humid conditions. But we have this great relationship with the local grid operators that allows them to balance the grid using our Bitcoin mining, which they love at the moment, which is great. And that site should be fully operational by the end of this year. And then we've recently announced some additional machine orders. So we'll be growing our capacity to around 30 exit hash in the near to mid future. So we're very happy with that. Another thing, we announced a week ago that we were going to essentially redeem about $417 million worth of our debt for equity, which will put our balance sheet in a really strong place. We'll end up with a little over $300 million of debt with over $400 million of liquidity between cash and Bitcoin. And coming into the having, we think it's really important to have a strong balance sheet with no short term debt and a position to take advantage of whatever opportunities arise. Yeah, that's exciting. And I'm curious about the Abu Dhabi location. Was it more of a, let's say, friendliness to Bitcoin mining in addition to, let's say, low energy costs? But also, it seems in the Middle East, there's more opening up to crypto in general. What was the strategy behind positioning yourselves there? core So the desire was a couple of things. One, balance the grid, because in the summertime, they use four gigawatts of power. In the winter, it's only one gigawatt. So it's a huge asymmetry in the power need. And they had just put online a new five gigawatt nuclear power plant. And so they have this excess power. So what do you do when you have excess power? Well, you find a customer for it. And Bitcoin mining obviously being an easy customer to use because we have the ability to be an interruptible load, which for their needs is perfect because in the summer, they don't need four gigawatts all day long. They only need it in certain times of the afternoon and evening. And so where initially they were going to consider longer curtailment periods, they're actually doing it in very short increments now. It's working so well that they're looking to automate that whole process, which will be great because we're ready for that automation.
WTOP
"six hundred" Discussed on WTOP
"Ford has laid off six hundred non -striking workers general motor says it plans to two employees thousand uaw's president says the auto makers are trying to put the squeeze on settle for less well that auto worker strike could affect you even if you weren't working on the line if the strike doesn't end soon popular vehicles that are already in short supply could get even more expensive the the number of vehicles on dealer lots will gradually decline the longer the strike goes on especially if it asks for more than a few weeks and automakers are likely to stop paying incentives that allow dealers to increase fails by lowering prices still for general motors and stellantis intentionally built up inventories of vehicles in anticipation of a strike so car shoppers shouldn't notice much change for a few months christopher cruz cbs news the by the administration is watching the strike closely it's one of a number of issues weighing on president biden this weekend cbs correspondent natalie brand reports from the white house president biden who calls himself the most pro -union president in u .s history made his position clear auto companies have uh seen record profits but those record profits have not been shared fairly in my view with those workers but the potential fallout from a prolonged strike complicates the president's reelection message centered around the economy we're growing the the new poll shows seventy percent of americans believe the economy is getting worse not better the focus turns from domestic to foreign for the president this week he will travel to the u .n for the annual general assembly meeting before hosting ukraine's president at the white house on thursday historic impeachment trial as big as the state in
Simply Bitcoin
A highlight from Michael Saylor: Bitcoin to $5 Million is Inevitable | EP 824
"It's all going to zero against Bitcoin. It's going up for everyone. Bitcoin! You're against Bitcoin, you're against freedom. Yo! Welcome to Simba the Bitcoin Live, we're your number one source for the peaceful Bitcoin revolution cover breaking news called dramatic warfare will be your guide through the separation of money and state today is September 14th 2023 another day in Bitcoin another day on the Bitcoin roller coaster they don't call the Bitcoin roller coaster for no reason there's ups and downs we hit 25k we're back to 26 ,697 but if you zoom out if you zoom out in the grand scheme of things if you believe in the meme 21 million divided by infinity or infinity divided by 21 million I think it is we all know we're early but there's something I want to talk about today specifically there was a very famous spaces that Michael Saylor did and I think he did it with some some legacy media people there's a huge spaces and there was three things that he said needed to happen in order for Bitcoin to 10x and then during that spaces he even said if these thing if these three things happen Bitcoin will inevitably hit five million dollars per coin now what were those three things first thing was the changing of the FASB rules right with the accounting the fair value accounting rules and that happened not too long ago we broke the news I wasn't there I had some swan duties that day but Opti and I think it was Rustin were holding it down so we covered that and then number two was large banks right I'm not talking about like small banks or you know these these Bitcoin crypto focused banks I'm talking about large banks offering institutional custody of Bitcoin of digital assets for their clients check that off that's happening you have banks all around the world whether it's Panko Santander the news that came out today which is I wanted to cover this is Deutsche Bank is applying for a license to custody digital assets for their customers and then there and the third thing which has been like the big news of this year is the BlackRock spot Bitcoin ETF or now I would even I wouldn't even call it the BlackRock just a Bitcoin spot ETF those are the three things that Michael Saylor said needed to happen in order for Bitcoin to just go parabolic into this five million you know etc etc and those things are basically already happening like the FASB check that off right that was a huge does a massive deal so check that off the list that doesn't start that doesn't start going into action until the year 2025 then you have so that's the FASB ruling then you have banks large banks cussing Bitcoin check that off the list as well really the only thing out of those three things is the BlackRock spot ETF or sorry the spot I keep saying BlackRock maybe it's a Freudian slip the spot Bitcoin ETF how long will Gary Gensler be able to delay this he got absolutely hammered in in Congress there was a hearing this week so yeah I mean this is pretty crazy and it's really interesting if you've been here for a while you know Opti and I are class of 2016 Opti's class of 2017 but it's the same epoch really you know one of the narratives that existed when Bitcoin was falling you know it fell from 20k back down to 3k and one of the coping narratives all the way down was the institutions are coming the institutions are coming the institutions are coming I think you could say without a doubt that the institutions are here you can't deny that now the thing is do the institutions have the necessary infrastructure to onboard on to Bitcoin and I think that's an open question but you can't deny that the institutions want exposure to Bitcoin that's undeniable right we broke the news the other day that BlackRock had a lot of micro strategy had a lot of exposure to public to publicly traded Bitcoin mining companies as well right so it's some very interesting stuff now here's the thing though right so yes this number go up whoop -dee -doo but remember the revolution is individuals taking back financial sovereignty by taking Bitcoin into self -custody so just because you're buying a Bitcoin spot ETF for BlackRock's Bitcoin spot ETF do Charles Schwab or Robin Hood or whatnot that that isn't real Bitcoin that's paper Bitcoin that's an IOU the only way that you get true real Bitcoin is by you know buying Bitcoin earning Bitcoin mining Bitcoin and taking that said Bitcoin into cold storage right and then preferably the step after that is stop trusting someone else's copy of the blockchain run your own run your own node the one I recommend personally because it's the one I use is start 9 they're freaking awesome so definitely check them out if you're interested in running a Bitcoin node but yeah it's a very interesting times that we're living in but uh you know I don't think I've ever been so bullish how you doing Opti and we're in the the simply Bitcoin merch today bro you're modeling I love it yeah yeah it's uh it's raining right now it's it's officially hoodie season so you're raining but you're inside yeah whatever I feel like wearing a hoodie today if it's nice it's comfy I'm wearing this all the time get yourself one at simply Bitcoin calm yeah man it's hey let your boy live for once geez yeah crazy you're not in uniform bro you you went from collared shirts to hoodies what happened you're regressing well suits coming soon I had a conversation with Chris yesterday I missed that episode man I love Chris shout out the coin shout out our boys over a Bitcoin mag but yeah crazy uh crazy developments and we really talked about it yesterday as well pretty pretty extensively on the show of how it is undeniable that the institutions want your Bitcoin there is so much institutional investment and there's just so much capital waiting on the sidelines for everyone for to get a shirt into Bitcoin you know like all the biggest asset managers well not all of them but many of the big asset managers of the world are looking to get exposure to Bitcoin we're seeing huge banks do the same thing and it just goes to show you that you guys are early and we are on the precipice of an amazing bull run as far as I'm concerned and now is the time to be stacking sats it's still what 26k so like we got the best opportunity ever and I know everyone is losing their mind because this bear market's been so long but this is where legends are made anyways on today's culture I saw this a couple tweets from Tom Luongo and if you guys aren't familiar with him he's a great I guess you call him like he is kind of low -key a gold bug and I know he's kind of maybe loosely understands Bitcoin but he created this meme in and I really wanted to touch on it today because it kind of changed my views on what we've been talking about we're always talking about you know the normies out there or in the not so nice way you know the sheeple out there and he coined this new phrase about like the masses comfortable are our wolves and I really want to cover this because I think it does change the framing and it's a little more positive view on what's going on in the world and we talk about it constantly that people need to feel pain and once they feel that pain and they wake up man shits gonna get really crazy and it really does feel like this is where we are right now so you know just prepare yourself it's it's you know are we on the precipice of a global recession who knows are we you know are we currently in a depression I don't know the official numbers are lying to us but we know that inflation is higher than they want and your purchasing power is going down the drain and I have these conversations with a bunch of my Bitcoin friends and we're all feeling the same thing it's like man dude things are getting more expensive and it's only a matter of time until people start to ask what the hell is going on right now and this is why we keep planting the seeds here on the show you know in personal conversations with people in real life and it's like we have built the foundation for people to protect themselves to get on the exit boat get on the safety net which is Bitcoin so get on the Bitcoin standard guys get on the Bitcoin standard that's right just get on the Bitcoin standard get on the life raft and you know you be watching the world around you doing doing its thing but you know that your future your family's future your wealth your time your energy your work is protected by the largest decentralized computing sorry I'm laughing at the chat you guys are wild breath the Bitcoin numbers is your Bitcoin in cold storage really secure is your seed phrase really secure stamped seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper don't store your generational wealth on paper papers prone to water damage fire damage you want to put your generational wealth on one of the strongest metals on planet earth titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they aren't going anywhere no risk of the plate breaking apart and pieces falling everywhere titanium stamp seeds will survive nearly triple the heat produced by a house fire they're also crush proof waterproof non -corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul stamp your seed on stamped seed that's right ladies and gentlemen don't put yourself in a position where you have to explain to your grandchildren while you lost your generational wealth because you decided to store it on paper store your generational wealth on titanium one of the strongest metals on planet earth you could scan the QR code on your screen right now to take you directly to stamp seed website use promo code simply get 15 % off at the time of recording the Bitcoin price is twenty six thousand six hundred and forty sats per dollar three thousand seven hundred fifty four block height eight hundred thousand eight hundred and seven thousand six hundred fifty blocks to having thirty two thousand three hundred and fifty having estimate April 22nd 2024 total lightning Network capacity four thousand seven hundred seventy six Bitcoin capacity value a hundred and twenty seven million US dollars realized monetary inflation 1 .75 % the market capitalization of Bitcoin five hundred and nineteen billion dollars with a B Bitcoin versus gold market cap four point zero seven percent very very very nice all right good numbers overall you know I love my favorites that I always tell you guys this is the realized monetary inflation of Bitcoin 1 .75 % that number is going to continue to go down forever so it continues to take fiat currencies absolute school even if they get it to their targeted Holy Grail 2 % inflation you know it's not even gonna come close anyways I do have some ways you got my favorite number is block height cuz that number is going up forever Laura that that that number just it just makes an all -time high every ten minutes the matter what next block it's almost like a coin walk next block anyways here's a clip I have two clips for you guys here's a clip from SEC chair chair Gary Gensler and he said some interesting things at the hearing we're gonna play you some clips of this hearing as the days go by though so let's check out this clip and I have another one then we'll talk about it and help protect Americans from the crypto abuses that cost consumers billions if they were to live up to the investor protection built into their current laws it would help investors but right now unfortunately there's significant non -compliance and it's a field which is rife with fraud abuse and misconduct and help protect Americans from the so I I want a friend two things right I agree in a way and I agree in the sense that it is full of fraud it is full of abuse it is full of misconduct now the initial part and help protect Americans from the crypto abuses that cost consumers billions I'm gonna reframes that right from the crypto abuse that cost consumers billions fine you could say shit coins you could say this what about from the governmental inflationary abuse that cost people all around the world millions if not billions of dollars why is that never talked about and that brings me to one of Tucker's episodes that he did in Argentina he did an episode about a 10 -minute episode covering what's happening in Argentina he's gonna cover he's gonna interview Javier Maly Javier Maly is he is he's a hardcore Austrian economist libertarian he wants to end the central bank you know he wants to cut down on the administrative state all of that stuff he said some pretty crazy stuff not gonna lie Tucker's gonna interview him tomorrow but what was really interesting about Tucker's opening monologue which we're going to cover extensively tomorrow is he said the quiet part out loud the invade and inflation is deft politicians aren't productive the way that they raise money is through direct taxation but they could only do that for so long until people revolt so they do that through the hidden tax of inflation we must continue to chip away at this like you know peacefully of course but Chico chip away at this move the Overton window start get start getting people to ask the question what is money why does my money lose purchasing power is it necessary for my money to lose purchasing power that's when people are gonna start asking really big questions and remember they do not have a response to this anyways talking about shifting the Overton window here's Joe squawk five years ago you would have never have believed this we did have a a Bitcoiner who was a writer for Forbes and he got a bit upset when I said that the legacy corporate media changed their tune because of the black rock spot ETF and he said no that's not true I was working at Forbes from before okay I take his word for it he's a cable are news you trying to tell me that the interest from black rock to launch a spot ETF has not influenced their change of tune whatsoever I don't know about that anyways here's Joe squawk it's about a one -minute clip and then we'll talk about it and move on to crypto if you'd indulge me for a second because we always have these crypto conversations and there seems to be this thing happening I don't know Joe we were talking about $25 ,000 with Bitcoin meanwhile black rock and all these folks all the folks that we thought were never gonna do this are now doing it and yet it's not moving at all well it's moving today well I mean sure 26 this is 26 it was for when when we started saying it wasn't going anywhere 4 ,000 oh okay but so but the question is is this now a risk on a risk off thing what do you how do you even correlate this to what's happening with the Fed because for a long time used to talk about crypto in regard to the Fed so I think crypto settling as part of the ecosystem I think people have recognized it is not the new global currency people have also recognized not going to disappear tomorrow is becoming institutionalized and I think actually if I were a crypto person I think this maturation process is a good thing where it moves from day to day is I can't really comment on that I still think it's outperformed every asset one year five year and ten year I mean I think I think he's pretty jaded a little bit right like you know it's going to zero at 4 ,000 and mind you like Pete Russo does a great job doing this but like he goes back in time and finds like original posts of people which is why it's so important to zoom out when in doubt of people posting a Bitcoin isn't going anywhere and Bitcoin was at like $100 Bitcoin was at like $200 at the time right so like when in doubt zoom out obviously Joe is completely converted he's like why have we been talking about the short -term volatility when we started when we started covering this it was literally at $4 ,000 it's at 26 ,000 at the at the you know depths of bear market he gets it I mean and this is actually one of the things that has helped me orange pill as many people as possible it hasn't been me saying the bitcoins better money it hasn't been me saying like oh look you know separate money from state hasn't been me saying you know it's a deflationary currency blah blah blah blah blah blah you know it's been the biggest converter of people you plant the seed you say Bitcoin right they ignore you for like a couple of years and two three years later pass number goes up and all of a sudden you get that text from that friend that you haven't talked to you in a long time and he's like hey about that Bitcoin thing ng you is the biggest converter of people it is the biggest orange pillar in my opinion is the most effective way and clear you could see that with Joe right he was like hmm yeah I mean we started covering this was at 4k I don't know why you're talking about the short -term volatility what the hell's wrong with you anyways why are you pulling that up Opti oh it's from wine it's from wine anyways why what's why you know all the disgrace you've ever done and all the controlling calling me why it might be the worst no I'm just trolling love you wine anyways first and foremost you know shout out the Joe Kernen absolutely love to see him just constantly battle the corporate BS FUD around Bitcoin and and I say this all the time you know like number go up love it or hate it is the fundamental thing driving all a Bitcoin adoption there's that and then on the negative side all of the crazy stuff coming out from you know the bureaucrats out there we covered the g20 stuff where they're trying to roll out a digital ID CBDC central bank digital control mechanisms and these two things together are in my opinion the driving forces for Bitcoin adoption it's like you we say it all the time and and the memes been catching on Nico I don't know if you've been seeing it on Twitter but Bitcoin is slavery it's starting to catch on and people are starting to notice that it's not even hyperbolic anymore but anyways starting with the first video I totally agree with that congressman or whatever like crypto is full of fraud like what a hundred percent agree hence why we're Bitcoin only like there's Bitcoin and there's shit coin and it triggered the thought in my mind about I think I brought it up last week it was the idea I forget what video it was but we played something on in the numbers about the the scene versus the unseen consequences of economics and it's very clearly visible the scene consequences of crypto scams and it very easily noticed and you know it's always rolled out as like the detriment to the whole Bitcoin industry and those are the scene consequences obviously there's been a lot of people getting rug pulled getting you know losing their their life savings because of shit coin scams and so it's very easily an emotional thing you can roll out so people are like ah let's protect the little guy but as we've going to cover and I really thought you were gonna play that Tucker Carlson video that you put on your Twitter I'm sick dude I mean so I was divided I was divided about what I wanted to make the show I was like I was like are we gonna make it about Tucker are we gonna make this about the sailor I think the sailor thing I was I was much more excited about the sailor thing it's a little little thing came out in my head I'm like holy cow the three things that Michael sailor said needed to happen for Bitcoin to hit five million all of those things have happened they've all happened right so I was like we have to cover this we will cover Tucker tomorrow's really actually made a thumbnail for everything it was awesome but I guess I guess you know we'll put we'll put a pin on that thought but tomorrow remember we're gonna be talking about the unseen consequences of money printing and that always gets obfuscated it always gets lost on people because it's not like a linear connection you know like you you gotta you know there's some nuance to this and most people can't think past like 20 seconds you know ADHD or whatever like we're all being inundated with so much dopamine from from social media that we either tune out or it just like it doesn't seem like it's important and and I can see people in the chat saying the same thing that we always hear is like once you start talking about Bitcoin once you say the B word people instantly tune out and it's only a matter of time until people wake up to what's going on here so you know plant those Bitcoin fundamentals into people's minds without using the B word usually helps and and goes a long way and then you find like hey you know have you heard about Bitcoin here's the pill take it but yeah man it just it just goes to show that the world is waking up and every metric that I'm seeing is pointing towards the fact that I think in 2025 more people are going to wake up to the scam that is Fiat and of course the safety boat that is Bitcoin and hey we're here for it so I'm I am super excited yes yes hold on hold on Arthur you can buy our merch with Bitcoin if you so want to yeah exactly go and go click scan the QR code it'll take you directly to the website and you could you could pay you pay in Bitcoin I think a lot I think wine set up the lightning yeah yeah yeah we got you got we got you guys back we got you guys rep some simply Bitcoin merch anyways so yeah man it's a really really exciting stuff alright guys let's jump into the news we got a lot to cover today before we get into news actually right now we are currently sitting pretty at 70 likes help us maintain our streak let's break a hundred likes within the out first hour of the live stream so if you're enjoying the show make sure to smash that like but it smashes mess mess wait wait wait can we do a legacy smash the like button Nico something like that anyways guys let's get to the news the daily news I want to give a shout out to our sponsor foundation devices it's self -custody done right they built a premium grade hardware wallet called passport right here in the u .s.
The Charlie Kirk Show
A highlight from The Process is the Penalty with John Eastman and Rep. Andrew Clyde
"We're proud to announce our brand -new ACLJ Life and Liberty Drive. Our legal teams will be focusing on the issues that you, our ACLJ members, have told us matter the most to you. Life and religious liberty. We join the ACLJ in the fight to keep America free. Hey everybody, it's Hannah Charlie Kirk show. Andrew Clyde joins us to talk about trying to defund Jack Smith. And John Eastman, a victim, a target of the out -of -control regime, joins us to continue to discuss. As always, you can email me directly, freedom at charliekirk .com. Subscribe to our podcast by opening up your podcast application and type in charliekirkshow, that's charliekirkshow. As you get involved with Turning Point USA, it's the most important student movement in the country. So go to tpusa .com, that is tpusa .com. Buckle up everybody, here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House folks. I want to thank Charlie, he's an incredible guy, his spirit, his love of this country, he's done an amazing job. Building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Brought to you by the loan experts I trust, Andrew and Todd at Sierra Pacific Mortgage at andrewandtodd .com. Joining us now is Representative Andrew Clyde. Congressman, thank you for joining us. He tweeted out, the American people gets to decide who wins the White House, not the deep state. We must defund the left, sham prosecutions against Donald Trump. Republican lawmaker unveils push to block funding for Trump prosecutions, obviously, but this was met with opposition by 16 Republicans. Inexplicably, we will name their names shortly. Actually, we'll get to that. Congressman, thank you for joining us and tell us about it. Well, thank you, Charlie. It's great to be with you. Well, I think it's important that, as you said, the American people decide who our next president is going to be and not the deep state, not the weaponized government. And we are seeing time after time where the federal government is being used to prosecute a political candidate. That doesn't happen in America. That's kind of the conduct that you see in banana republics, where the sitting that those in power use their power to prosecute and try and throw in jail their political opponent. So these two amendments, so one would defund from the federal level any funds going to the prosecution of a presidential candidate between now and the November 24 elections, OK? And then the other amendment would do the same thing. It would deny federal funding to any state entity that does the same thing, that prosecutes a presidential candidate. It's very even handed, both Republican or Democrat. So what I'm trying to do is prevent the process from becoming the penalty here, because that's exactly what the left, the weaponized left is trying to do. Because you can't recover from the process. So how is this being met by and I was talking about actually when you tried to defund the FBI headquarters, we'll get that in a second. How is this being met by your more moderate Republican colleagues? Well, so far, for those that I have spoken to on the Appropriations Committee and in leadership, it's being met very positively. I think it's the right thing to do. There's still some work to be done. So I'm calling on all of my Republican colleagues to support these amendments. It's going to have to go into the Commerce Justice Science appropriation, which has not yet been marked up in our Appropriations Committee. I'm on that committee. And so I'll be offering both of those amendments and I expect that they will be approved and go into the base text of the bill. But then if we do a C .R. as well, you know, there's some qualifications for or any C .R. to go forward, in my opinion. Then it would have to be part of the C .R. as well. So I think it's very, very important that that all the Republicans get on board and support these amendments. So there was also a question about blocking the FBI's new headquarters. And is it true that 16 Republicans got in the way of that, Congressman, when you were attempting to do that? Tell us about it. Well, that was in the markup for the financial services and general government appropriation. And there is about six hundred and seventy million dollars that was set aside for the FBI's new building. It's about a little over half the amount that currently exists. The whole project is like four billion. It's going to be bigger than the Pentagon in size, which is absolutely ridiculous. The FBI does not need it by introducing an amendment to defund that six hundred and seventy million and to apply that to our national debt to pay off that portion of our national debt. And it did not pass in the in the appropriations process. We had 16 Republicans that voted against it. Now, I'll tell you that after that vote, there were some that came to me and said, hey, I think I made the wrong vote. And we're going to give them another opportunity when that actual appropriation comes to the House floor. I'm going to introduce the same amendment again. And I think there will be some change of heart, I believe, when it comes to their vote on that amendment on the House floor. So, yeah, there was a list of 16 Republicans that resisted it. Is that correct? And I want to that is correct. OK, so I want to name them. And if I have the wrong list, correct me. But it looks as if it's Steve Womack, David Valadeo, Mike Simpson, Hal Rogers, Daniel Newhouse, Julia Letow, David Joyce, Ashley Henson, Kay Granger, Scott Franklin, Jake Elsie, Mario Diaz -Balart, Juan Siscamani, Jerry Carl, Ken Calvert, Mark Amati and Robert Alderholt. What what possible reason could they give you for opposing that? Well, not a lot of them gave me a reason at all. But, you know, mind you, some of them came to me after the fact and said, hey, you know, I think I made the wrong choice. Why? Because they were hearing from their constituents. The FBI does not need a new building. I mean, they've got one point two billion dollars set aside, six hundred and seventy or so million in financial services, general government appropriation and another five hundred some million in the commerce justice science appropriation. So I think these folks will probably take a strong second look when the amendment comes onto the House floor for the FBI bill. And I believe that that there will be some change of votes. I really do. And I hope so, because that's the right thing to do. The FBI has been so weaponized as of in the last couple of years under this current administration. There is truly a two tiered system of justice here. We are seeing it time and time again when you have the treatment of Hunter Biden and then you have the treatment of President Trump. And all of those who support the conservative voices that are crying out. So I think we're going to see some different votes here. So let's now focus on September 30th. This looks to be the big day, right? So a previous Congress punted it to really, really neuter you guys. So this date has been on the calendar for quite some time. So you're inheriting a previous Congress's funding deadline, September 30th. What are you guys willing to do? Our position on this program, no short term funding bills, line in the sand. We need a fight. We gave you guys a majority for a reason. Where's your head at? What are the asks? Are you willing? How close to the line are you guys willing to get? Walk us through it. Well, I'll tell you, first off, you know, we've known the September 30th deadline has been here for a long time. And we promised as Republicans that we would bring 12 appropriation bills out of committee onto the House floor. And I expect us to do that. I expect us to keep our word. I'm on the Appropriations Committee. I'm certainly willing to be there from from today until the very end of September so that we can get all these, the rest of the appropriation bills across the finish line. Ten of them have come out of committee already. We've got two left to deal with in committee, both the Labor Health Human Services Education Appropriation and the Commerce Justice Science Appropriation. Those are the two we have left in committee. But we've got 10 that are available to go to the House floor. Actually, one already has the Milcon VA passed in July. So we've got nine that can go immediately to the House floor and get a vote. We need to be doing that to keep our word. Any short term continuing resolution, though, cannot be an unqualified or blind or what they call clean CR. Otherwise, we are simply promoting the policies of the policies and the spending levels of Nancy Pelosi. And that's wrong. I will never support that. And I'll tell you, a significant number of Republicans will not support that either. Well, that message needs to be heard loud and clear by the leadership. So just really quick, Congressman, and I just I'm hearing different things and I've always gotten along with Speaker McCarthy and I still do. But there's whispers that there might be a vote to vacate. Are you hearing that from other members? Well, I will tell you that a clean CR or an unqualified CR, it will risk our majority and therefore it will risk the speakership. I think what you're seeing is is the country gave us the majority to change the direction, change the course of Congress. We had the speakers fight in January, which I think fundamentally changed the way Congress operates. And I think that has to continue or we will truly jeopardize our majority and we will jeopardize Kevin McCarthy as speaker.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1397: Bitcoin Will Soar to $1 Million - Max Keiser
"Welcome, everyone, to another episode in today's show. Bitcoin's echoing March 2020 Black Swan crash. I'll be breaking down this latest research, as well as U .S. regulator slapped trading firm with one point seven billion dollars plus, with a penalty for defrauding thousands of victims, literally taking twenty nine thousand four hundred and twenty Bitcoin. Also breaking news, Vitalik's account has officially been hacked with over six hundred and ninety one thousand dollars drain thus far from victim wallets. We'll also be discussing crypto tycoon SBF seeks release from jail over trial prep and laptop complaints. We'll also be discussing many crypto currencies poised to benefit from Coinbase's institutional lending service. We'll also be discussing the latest from Max Kaiser, quitting him here. El Salvador bonds up 90 percent this year, the best performing in the world. Bukele plus Bitcoin equals rocket ship to the moon. He also says that El Salvador debt will soon be trading at a premium and volcano energy is powering El Salvador to become a Bitcoin powerhouse and that El Salvador will be debt free by 2030. He also says the Bitcoin has already and will continue to outperform everything else so spectacularly by one hundred X or more. I'm going to be breaking down his multiple seven figure Bitcoin price prediction. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1394: Bitcoin Will 10x on Institutional Interest - Valkyrie
"In today's show, we're going to be discussing Bitcoin bids moved to the lowest since March as the Bitcoin price dips under $25 ,700. And breaking news just in, Tucker Carlson is in Argentina right now to interview pro -Bitcoin presidential candidate Javier Malay. That's right. Max Kaiser responded to this. This Tucker Carlson interview with Javier could pump the Bitcoin price 5 % in a day. It will become clear that all of Central and South America benefits extraordinarily from adopting a Bitcoin standard. Let's freaking go. Also in today's show, Coinbase launches crypto lending platforms specifically for U .S. institutions. We'll also be discussing Grayscale. Ask the SEC to meet on the way forward for Bitcoin ETF conversion. We'll also be discussing Bitcoin can reach comically large market cap if this trend unfolds, according to macro guru Lynn Alden, as well as the Bitcoin halving could be even bigger for Bitcoin than in the past, says Wall Street veteran Caitlin Long. And quoting the new or the CIO of Valkyrie Investments, he says Bitcoin price can 10x on institutional interests and predicts the spot ETF to be live by 2024. 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 dot net. Welcome, everyone tuning in. This is podcast episode number thirteen hundred and ninety four. I'm your host, JV. And today is September 6, 2023. We do have a lot to cover. Let's start with our market watch. As you can see here in your screen, we got Bitcoin in the red, barely holding on to twenty five thousand six hundred. We also have ether in the red along with XRP, Cardano, Polkadot and Solana. And checking out CoinMarketCap .com, we're barely sitting above that trillion dollar milestone, with about twenty seven billion in volume in the past 24 hours, with Bitcoin dominance at forty eight point two percent, with the ether dominance just shy of 19 percent. And checking out the top 100 crypto gainers of the past 24 hours, Thor chain lead in the pack up almost four percent, trading at a dollar fifty five, followed by Iota up three percent, trading above seventeen point two cents, followed by GMX up three percent, trading at thirty three dollars and thirty seven cents. And checking out the top 100 crypto gainers for the past week, cause lead in the pack up fourteen percent. And checking out the crypto greed and fear index, we're currently rated forty two in fear. Yesterday was a forty last week, a forty nine and last month, a forty nine, which is a 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 chat. I greatly appreciate that. And now let's dive into today's Bitcoin technical analysis. Check out the charts and what's popping with the king crypto. As you can see here, Bitcoin's bullish momentum is fading as liquidity shifts preempt a volatile move. According to the latest analysis in a new post by crypto analyst Keith Allen, a monitoring resource flagged fresh shifts on the Binance order book. That's right. The Bitcoin price has stayed tidy range bound since the weekend. But exchange data suggests that the status quo may be about to change. What are your thoughts? Bid support moved down to concentrate around twenty four thousand six hundred on the day, with the price level not seen on the spot markets since March. Quitting the analysts here, what is most concerning here is that the largest concentrations of Bitcoin bid liquidity have now moved below the previously established lower low. At the bottom of the range, Bitcoin put in the lowest post March dip in mid -June, reaching twenty four thousand seven fifty before reversing higher as data outlines alongside this chart, which shows you the Bitcoin one week candle chart. Now continuing, Allen shared the following from a macro perspective. I do expect to see a price breakdown eventually. So the thought of printing a new lower low isn't surprising. But I did expect to see stronger short term rally from this range before that happens. But with that said, the bears are yet to gain the upper hand entirely.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Bitcoin Jumps as Trading Volume Increases
"This episode of Markets Daily is sponsored by Kraken and Simpliras. It's Tuesday, August 29th, 2023, and this is Markets Daily from CoinDesk. Hi, I'm Michelle Musso here with your crypto markets roundup. And on today's show, we're talking Bitcoin, Genesis, FTX and more. And just a reminder, CoinDesk is a news source and does not provide investment advice. Bitcoin has fallen back below $26 ,000, reflecting generally bearish sentiment among crypto traders and a lack of bullish catalysts to rally markets. After strengthening briefly last week to $26 ,200, Bitcoin dropped as low as $25 ,886 on Monday, but has since climbed back up to where it started. Institutional crypto exchange Elmax Digital said that Bitcoin is getting closer to a breakout from the current range due to how tight the contraction has gotten in recent sessions. A note said, quote, whenever ranges get too tight, it's often a warning sign for a surge in volatility, end quote. An eToro analyst said softness in the market is also being seen in other asset classes such as equities. The analyst also said in a morning note that this comes as investors, quote, pay close attention to the discussions at Jackson Home. The indication from Wyoming is that central bankers are intent on keeping rates at higher levels to prevent a resurgence in inflation, which is not being taken well by risk assets across the board, end quote. Long term holders of Bitcoin have shown a continued accumulation of the tokens, despite a recent billion dollar shakeout, suggesting a bullish outlook in the longer term remains intact among traders, regardless of the current market lull. Analysts from crypto exchange Bitfinex said in a weekly note shared with Coindesk that these long term holders are also seemingly holding onto their spot positions, refraining from outright trading or using their Bitcoin as collateral. A one year inactive supply metric suggests a more bearish sentiment, despite holders with very long holding times of three years or more continuing to accumulate Bitcoin. According to analytics company RWA .XYZ, the market for tokenized U .S. treasuries has grown nearly sixfold to six hundred and twenty two million dollars this year as real world assets on blockchains keep expanding. A Bank of America report said that the tokenization of real world assets, creating blockchain based tokens of traditional financial assets such as government bonds or private equity, could transform the financial infrastructure. While forecasted Bernstein it could grow a five trillion dollar market in the next five years. Stay tuned for after the break when we'll take a look at Genesis and FTX. Meet the all new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever packed with trading features like advanced order management and analytics tools, all in a redesigned modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice, some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits may be subject to capital gains tax.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Bitcoin Jumps as Trading Volume Increases
"This episode of Markets Daily is sponsored by Kraken and Simpliras. It's Tuesday, August 29th, 2023, and this is Markets Daily from CoinDesk. Hi, I'm Michelle Musso here with your crypto markets roundup. And on today's show, we're talking Bitcoin, Genesis, FTX and more. And just a reminder, CoinDesk is a news source and does not provide investment advice. Bitcoin has fallen back below $26 ,000, reflecting generally bearish sentiment among crypto traders and a lack of bullish catalysts to rally markets. After strengthening briefly last week to $26 ,200, Bitcoin dropped as low as $25 ,886 on Monday, but has since climbed back up to where it started. Institutional crypto exchange Elmax Digital said that Bitcoin is getting closer to a breakout from the current range due to how tight the contraction has gotten in recent sessions. A note said, quote, whenever ranges get too tight, it's often a warning sign for a surge in volatility, end quote. An eToro analyst said softness in the market is also being seen in other asset classes such as equities. The analyst also said in a morning note that this comes as investors, quote, pay close attention to the discussions at Jackson Home. The indication from Wyoming is that central bankers are intent on keeping rates at higher levels to prevent a resurgence in inflation, which is not being taken well by risk assets across the board, end quote. Long term holders of Bitcoin have shown a continued accumulation of the tokens, despite a recent billion dollar shakeout, suggesting a bullish outlook in the longer term remains intact among traders, regardless of the current market lull. Analysts from crypto exchange Bitfinex said in a weekly note shared with Coindesk that these long term holders are also seemingly holding onto their spot positions, refraining from outright trading or using their Bitcoin as collateral. A one year inactive supply metric suggests a more bearish sentiment, despite holders with very long holding times of three years or more continuing to accumulate Bitcoin. According to analytics company RWA .XYZ, the market for tokenized U .S. treasuries has grown nearly sixfold to six hundred and twenty two million dollars this year as real world assets on blockchains keep expanding. A Bank of America report said that the tokenization of real world assets, creating blockchain based tokens of traditional financial assets such as government bonds or private equity, could transform the financial infrastructure. While forecasted Bernstein it could grow a five trillion dollar market in the next five years. Stay tuned for after the break when we'll take a look at Genesis and FTX. Meet the all new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever packed with trading features like advanced order management and analytics tools, all in a redesigned modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice, some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits may be subject to capital gains tax.
WTOP
"six hundred" Discussed on WTOP
"Six hundred dollars if you really want to see the holographic horse you need to be up close for that I and what queen bee related events are there aside from the concerts themselves obviously oh yeah and there's actually one more note metro extended their hours for sunday so concert growers can get back after 1am which is don't have tickets there are still ways to have fun there's a renaissance themed theme dance party at karma on friday and saturday and this one sounds really fun there's an alexandria dance class some with some of the artists who toured with her for over a decade now every year we have I guess what I would call an elite each group of people dressed in all white and they have this lavish dinner here in DC the whole thing shrouded in quite quite a bit of mystery we should point out this is not this weekend I think it's coming up in september but can you tell us about it at least what we know about it right now yes absolutely dinner en blanc returns to DC on september 9th and the event is really one of the biggest events of in the year it's like a fancy flash mob picnic party there's usually around between five and ten thousand people gather somewhere fabulous like national mall all bringing tickets you know picnics and dressed in white why is it that when you wrote your story somebody organizes who it said it's not like taylor swift tickets i was trying to understand i think it to might be get hard into you know the the tickets go on sale first the members who have joined in the past who have been to the past events um and sometimes there's a long wait list but they're only 52 and it's kind of like a you byo uh party so a lot of people bring you need to bring out food and drinks very cool well finally we're going to go to the dogs for a little bit if it's if it's all right with you which restaurants are now offering fancy new menus just for your dog yeah so it's officially the dog days of summer uh fairmont near georgetown just launched a vip menu which is a very important puppy's menu um and the lineup includes steak bowls and pogoritas wow delicious if i if i do say so myself and how about a new dog bar i i understand snouts and stouts yeah the area's first indoor dog bar opens this month near shillington dog park there are a few outdoor dog parks but you know when it's really hot it's kind of nice to bring your pup indoors and they'll drinks have for humans and dogs local dog treats and most importantly a temperature and odor controlled indoor anna spiegel of axios dc read more about everything we talked about and maybe a little bit laughed about there trump pleads not guilty to federal charges related to his efforts to overturn the 2020 election is expected for his first hearing in the case in
Bloomberg Radio New York
"six hundred" Discussed on Bloomberg Radio New York
"Six hundred dollars and today we are watching for the producer price index at eight thirty wall street time along with the weekly report on initial jobless claims and that's a bloomberg business flash now here's michael bar with more on what's going on around the world michael karen thank you very much president joe biden will close out his five -day trip to europe today ending alongside nordic leaders in helsinki finland is meant to be a show of expanding power and influence against russia finland is one of its newest members of nato turkish president rasabtai abridhaman vowed to speed up the ratification of sweden's membership of nato when his country's parliament returns from a two -month summer recess several tornadoes touched down in the chicago area including one near chicago's ohare international airport it disrupted hundreds of flights no reports of any deaths global news 24 hours a day powered by more more than twenty seven hundred journalist analyst in over one hundred twenty countries are michael bar this is bloomberg nathan all right michael thank you it is five forty two on wall street this is bloomberg daybreak i'm nathan hager alongside karen moscow take a look at some of the other stories making news this morning including an update to a story we brought you yesterday the federal trade commission has filed notice it intends to appeal a federal judge's ruling allowing microsoft to move forward with its sixty nine billion dollar acquisition of active vision blizzard ftc will ask the ninth the eighth circuit court of appeals in san francisco to overturn u .s. district judge jacqueline scott corley's finding that the blockbuster gaming deal would not fort competition in the markets for console subscription and cloud gaming or harm consumers well for the first time nathan amazon is facing a national labor relations board complaint for allegedly stonewalling negotiations with the union at its island warehouse the complaint alleges that amazon has failed to recognize the amazon labor union as bargaining for thousands of workers at jfk8 the first of the online retail giants warehouses to unionize and historic vote in april twenty twenty two a representative for amazon did not immediately we respond to our request for comment we're getting ready to pop the top off a earning season karen pepsico is among companies reporting results today let's get a preview from bloomberg's charlie pellet analysts back sales growth to be driven by price increases as well as ongoing momentum at its high margin frito laye unit wall street will also be listening for commentary on the annual guidance which was characteristically boosted in its first quarter earnings release in april analysts survey by bloomberg are looking for earnings per share of a dollar ninety six on revenue of twenty one point seven one billion dollars in new york charlie pellet bloomberg daybreak right charlie thank you about global oil annual demand won't grow as fast as previously expected this year due to the faltering economies of developed nations this is the forecast from the international energy agency the i e a predicts world fuel consumption will increase by two point two million barrels a day or about two percent in twenty twenty three is a reduction of about two hundred twenty thousand barrels from last month's forecast silly agency says demand nonetheless remains to on track hit record levels later this year alright let's get back to the economic indicator that's got a lot of investors shifting bets about the federal reserve's next move the consumer price index for june fell to three this month that is a third of the peak from a year ago when inflation hit four decade highs so so our price pressures finally under control let's pass that loaded question along to laura chief raim u .s. economist at f s investments or it's always great to speak with you what's your view on the path for inflation now and how the fed should react at this point it's no doubt that inflation is moving in the right direction and there was very little cause for concern in the numbers that we got last we got yesterday about june i think you know it's too early to say the fed job is completely done headline inflation is down three to percent but core inflation which is really important is still almost five percent so so it's still too high for comfort but it's moving in the right direction and it did because i think markets to really think okay the fed's going to do one more rate hike but then it can pause because we now have four months of inflation data moving down pretty significantly is a pause going to be enough to get that core back down to a level the fed would like how long is the pause going to need to last this is a really good question because remember it's not just about inflation from one month to the next year over year numbers base effects mean that core inflation is just going to take time and it's going to be a long process to get it back down to kind of almost into 2024 until we see a 2 % on core inflation headline to get there much faster I think the issue of high rate hikes because right now as nominal rate hikes have slowed real interest rates are still rising and that is how a pause could still help tighter monetary conditions slow the economy interesting what's the risk of a potential policy mistake by the Federal Reserve if if the focus goes away from inflation now that we've seen some of these readings get to levels that the Fed is getting closer liking and focusing more on the labor market and the potential for wage pressures there you know I think the Fed is still focused on its prior policy mistake of inflation get too high I think that is still going to be their focus for some time the labor market the headline numbers still look so strong I think that they're still concerned about their prior policy mistake more than a future policy mistake. After a reading like this Laura with inflation getting down to these kinds of levels is there an argument for the Fed to go ahead and keep the pause going or does the need to do another rate hike here just for credibility sake. I do think you're going to raise one more time in July it's already priced in the markets even yesterday's data did not really stop markets from expecting this July rate hike I think that's still priced in but beyond that lower inflation numbers are going going to cause markets to price in rate cut this is now where we're going
Relevant Podcast
"six hundred" Discussed on Relevant Podcast
"Suits that line where the by the way. What's up with that netted underwear university in. Can i get it people. I won't name names. cut it out. Because they don't like it in their your husband. I i don't know maybe you can cut it out. They don't like it. Okay jesse before you go into your theory so what you're saying yes. The government is saying. Let the people keep talking like let 'em keep believing as you but it's really is that your theory is my theory. Yeah exactly exactly. And they and my other part of my theory is that because evidence of this technology is actually been widely available for a long time that they've actually released more evidence in hopes that it will be mixed in with kind of disinformation. And you know you have this this. A former pentagon official whose credibility but also credentials are being constantly called into question. louis elizondo. Who is sort of the former pentagon official perpetuating a lot of the information that is leading people to believe it's aliens there are allowing that all to go on so it just creates mass sort of confusion. But i've started doing a deep dive and i came across some really interesting things and i wanna start off with a a really small story. I mean this is probably a six hundred word story given this'll be. I can't hear the fact that you were doing a deep dive and came across some really interesting things like at the bottom of the pool..
Marketing Management and Money
"six hundred" Discussed on Marketing Management and Money
"And we are back at it good bad or indifferent or doing this again. Good good or better episode. Seven thousand six hundred and fifty four Goodness alright we i. I've been doing some research on fortune magazine disclaimer. Anything he says was not really researched. This is a bad idea. I know right so so you're right. I've been doing some research. I've been reading this magazine. The funny thing is.
Red Blonde Fox
"six hundred" Discussed on Red Blonde Fox
"Embassy alone giant. Turn off she would come out for main a they were worrying to really and i think your vendors from this crazy terrible ever seen our my only about the issue but as bad as it was i mean also guy so many different households. We didn't even know the pandemic. because god's hand was on us he had heart koshen angle that our mark houses what is protection on. Marin has kept awesome children you know every minus was six hundred thousand people dying and not only that is often in the world right now because his people that double leaner wasn't virus. Your got sick from the virus..
Go Beyond Disruption
"six hundred" Discussed on Go Beyond Disruption
"These transactions samya right. There are so many new things that you can purchase with crypto. Like you know tesla was all over the news. A few weeks ago with now they're accepting it And i saw an article recently. that the irs had started a new initiative called hidden treasure to root out all that unreported crypto income so. It must be pretty prevalent. If if they're starting things like that. So amy you're part of every year the aicpa cpa dot com we host a blockchain and accountancy symposium to really kind of dive into the emerging trend. See how much it's progressed. And his last september there was a lot of talk about more activity from different regulators. What are other advances in legislation from the regulators that we've seen since then in the last few months. Yeah there are few areas for example with the sec. They are constantly coming out with on new rules as well as in the us. Treasury has a group called vincent and They released information on. How could the currency will be treated how those transactions will be who is allowed to create a crypto currency. Who's allowed to you know. Make a new cryptocurrency coin We also have to keep track of cases. So there's a lot of court cases that are ongoing of for example if a company created a cryptocurrency a brand new cryptocurrency is that allowed is legal and though the decisions from court cases can determine on of things as well. Yeah i think that one of the biggest things is to know. Is that globally all the regulators on a week to week basis are coming up with new. Rules are new draft proposals in the us. In congress we see proposed bill relating to the treatment of currency every week there's this one provision monitoring and it's about reporting cryptocurrency transactions. That are over. I think six hundred dollars so say you went and bought something with your cryptocurrency for under or over six hundred dollars. She got reported in ten.
Ubuntu Security Podcast
"six hundred" Discussed on Ubuntu Security Podcast
"To talk about in open h now pillow g. leib colonel and can peg and we're also can have a discussion about sixteen. Em six hundred. Four lts is currently supported but it does go does reached the end of that supported period in able and it will be transitioning to extend security. Might not at that point so we will be discussion about that as well. Plus will cover some physicians within the same team or so. Let's get into it so this week. They were twenty unique. Cvs that were dressed by the team across the supportable.
Brothers of the Serpent Podcast
"six hundred" Discussed on Brothers of the Serpent Podcast
"Meters is six hundred six point nine five five four feet so i remember this six hundred right six. I don't know the i'm thinking of Was like six twelve maybe and then six hundred so somewhere between there you picked the median. Is that what you're saying. Out of the for the state the state. I think it was somewhere between one hundred fifty two meters and like two hundred ten meters. I think we're the different now. What they all were but essentially whatever it was. The one in the middle was the one i picked far as was like six or seven different ones. I found. Okay so yeah. I yeah so i guess if that's the only six hundred feet down but i guess just trying to get so that we can conceptualize actual size. We're talking about here. Three miles worthy at locations. A lot of what we're going to be dealing with this..
MAKING IMPACT with Daniel Patrick.
"six hundred" Discussed on MAKING IMPACT with Daniel Patrick.
"Families but a major east. Lets the patient task from the home. You as a parent rienda good education. Give them good. Values karcher morris. This we help them to grow. Education is lucky in our society there because the home has failed and so no matter how we we give the classroom or give a better infrastructure division infrastructures. Still we have people who can not meet a because why right back in the home. The family has failed so number one lack or what solutions. Sorry solution to lack of education. Is the family the family house to reinstate themselves and do the right thing that the second thing is the government has to build on what the family house put in place. Take note of that. The government has to butte water. Family has put in place you know. The problem is the society is not training. Our children for us is not trading hours our youth for us and the training the society is going to give to them is not the right training. You might get me wrong without the truth. The right trinity comes from the home the family because society have no time to train them properly. So i said the first one is the family solution. Is the family the second one the society will now audio processes on what the family has begun the wood-based eat right on what family has to go. That is what we can have good educated people that is well have good environment for the now many keys. Don't want to go to school by home. Dead give them things that would make them not to go to school. The preferred the social media because ride home right at home. Nobody cares so why most my teacher on my lecturer care about me. When i have freedom ride home. My parents talked to me if back home. Proper discipline is taking place. There were lots been school because why the in school is doing the right thing. And also the personnel. Hold the parents at home. They are doing the right thing. So the major point east the family. The family is one of the series. I'm going to deal on as time goes on talking about family how we can build a better family. Because we see today families are going down utes and the teens and the baby's detroiters. All of them are going and things are going wrong. I believe you've got the points clearly. Yes actually we do for structure from to sightsee. We need financial support for poor families. We need awareness concern indication in every in every trudy media's we need more tolerance regarding education we need security in education but all these combs are six hundred.
JOHN16AND12.COM
"six hundred" Discussed on JOHN16AND12.COM
"Do it. But i always do it as soon as sonae here. God telling me i knew it. I have to do it fast. But how fast idle the. No and the it was. It was true that i have to be fast. Because when i did the dna. I reach a far down in idea. Nay the result from my dna is so very clean and the ongoing debate down. It's going down to jesus in that time uses time and I know. I am from palestinian and in that area where the palestinian are and the. I'm not from central israel. I'm from the north of israel and it's cold palestine today and that the the it's become so very popular to announce any test so it's very hard today to dig down deep. It costs so much branches that i have to go through But today i will stone in in the year and then one hundred and on is so that i can reach down in six hundred year. Six hundred it's dependent because my miami sister was nobels and royale connected with queen elisabeth. An old the whole world royal. I didn't know that before. I did that day. And so i can reach down. Higham already down to the vikings iceland. I had dna from and that's from the weiqing time and and the east going to scott. London euroland ireland so that was very. That's very important to know where where i'm coming from the end why it's because i know why god picked me in that way. So what is seven seven. It's called.
SRB Media Podcasts
"six hundred" Discussed on SRB Media Podcasts
"Jerry. Foolish to send them. We don't tell ya from Jason hughes can the jerry gilbey notes termine stephen evans. No he's new divy question right for a question for clue been on the show not right. These explusion remain. Calm down on labor nut so he's clued right we've used a. He's been a because obviously on the show. Jonathan yes is this. It is high. Okay oh a new road absolutely nothing count on the competition. It was supposed to last least twenty five minutes. thank you obviously. Didn't get the memo thing in america and so you mentioned you mentioned pole. Furlong earlier Nick and not transparent window naughton sticks. When trevor i came in as a manager was really exciting. Wasn't going to have bruce. Perry hold on for forty. Mario was an exciting saw. Any from your labor before. I mean that was yeah and then put a. I'm full. transfer window was the most exalted. I've ever been and again. That didn't really work out with me. Song gronkjaer malka easy. You know we'd already got plot Don full south heskey you know. We had a ground. Pipe with multiplies from it from fox is useless night. Yeah allow not sure. Remember another plot that we saw that for the first those guys was julian gray sopping. Typing was a from paul from crystal. Palace's this yeah dimension. This thanks pete taylor not as exciting as when we signed song on the next competition news From german when is my birthday. When is my birthday. You mentioned you mentioned full. Even put gary. In these bracket we saw it on loan and then they've been absolutely unreal unload then we saw them permanently and then not quite as good as they were when they were online. Even even now. I'm putting scott hogan's took fifty stars so that yeah. Thank you very much chris. Chris holland on loan. If you remember the new and then we saw permanently for six hundred thousand anywhere. Good wasn't mona. Erase it in recent is. You've got to look for brady night. Yeah yes surreal surata. Yes owning permanently unitedway. Oh yeah chris hollins. Yup yup just doesn't honorees take greg loud on. I didn't think anybody.
The Radio Show
"six hundred" Discussed on The Radio Show
"With a few customers to manage their will. And i will do that. If i'm preparing your and then some people don't i mean depending on what business industry you're in. Some people have to file quarterly taxes. So you know. They're filing every three months instead of just one time a year My question was this because it may be. You know the answer to this. And maybe you don't however I wanna say the end of the summer in talking to different people. I really realized that there were a ton of people. Even in cova situation that were moving out of rentals in purchasing homes and i was wondering the cash influx that. I think a lot of people received you know instead of what i heard was instead of like. Oh i'm not gonna keep paying rent because there's moratorium we're just gonna use his money and go buy a house so with that being said Work with cash. Inflow talk well you know some people. They were getting different. You know the stimulus shakes and then they were getting the additional six hundred a weekend unemployment so instead of catching on the ramp from the apartment. A lot of people who have money right so one. Were you familiar with that into I thought that with like unemployment is starting types of incumbent. Winning count towards being able to buy a house is that true. Or are they more lenient right now. We'll when it comes to buying homes as being my leg. A steam language a real outstanding all handle loans Now explains and game outside. Preparation documents on a gotcha abstained moment officer. Okay right so underwriting. I'll i'll deal with that. But i will help my customers provided so okay. Let's get back to a tax question though. Sell one of the concerns that people have It's kind of a two part question. So i'll start the first line if you received Stimulus or well. I don't think the is the stimulus tax. Yes or no. I don't think it is. We're actually say credit on your taxes for this upcoming tax violence season. So if you did stimulus a twelve hundred and six hundred Children twelve hundred and six hundred. If you emails bonds it has to be reported on taxes and the bed. Eighteen hundred dollars will be debt on your taxes on your tax return if you did not receive one or the other you will see that credit in form of reform so translation. If you're supposed to get a twenty four hundred dollar return but you got you got eighteen hundred stimulus you only get six hundred bucks back correct. That is good to know a lot of times. These these names would be kinda disrupting. And that's why cranes those questions and that's why we wanted to have you on the show. Because i think there was a lot of back and forth in honestly regular people. Don't quite understand how this is going to come on. The back end in a lot of people are going to be upset or confused when he does come around for that time. They're seeing this being taken from internet quite understanding why My other question was the people who received on unemployment on either during the time that their job basically shut down to the time they reopened or people who just completely are still on unemployment. because they don't have a job to go back to you right now how is that income being categorized in Are they able to. Is that going to be income. This cow nate or is it put in a special category on your taxes. Have unemployment us put in a special category because not earned income right right on. Employ unemployment income.