40 Burst results for "Twenty Five"
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.
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Fresh "Twenty Five" from WTOP 24 Hour News
"Mind. Join the YMCA in September with zero enrollment fee and experience free fun events for the whole family and so much more. Visit YMCA .org to more. learn Carlos Ramirez WTOP traffic. Now to WTOP meteorologist Brianna Berman -Solo. Ophelia continues to chug along from south to north and as it approaches we get a potent mix of weather. High winds, heavy rain and the potential for isolated thunderstorms winds will increase up to 50 miles per hour and a flash flood watch until eight o 'clock tomorrow morning that goes into effect tonight. Rain continues tomorrow before morning lightening up tomorrow afternoon. I'm WTOP meteorologist Brianna Berman -Solo. WTOP agrees outside the WTOP studios brought to you by Long Fence. Save twenty -five percent on Long Fence decks, pavers and fences. Six months, no payment, no interest financing.
Crypto Banter
A highlight from Make 1 ETH In JUST 1 Hour! How I Did It!
"So we're dealing with the red day the hangover from last night's FOMC meeting It's like a delayed reaction to what Jerome Powell said last night We're gonna have to talk about what Jerome Powell said because at the time when he was speaking Nothing happened to markets But afterwards what we realized is exactly this we realized that what Jerome Powell did last night was he may have actually broken the market What is it that he said that actually scared people and why is it that right now if we look at Bitcoin? Here we are. We are at twenty six thousand five hundred and forty. You remember before FOMC last night. We were at twenty seven thousand four hundred We thought we were gonna get a pump We also touched the top of the Bollinger Bands and now we're gonna come down if we start coming down again to the bottom of the Bollinger Bands we could go back down to Twenty five thousand one hundred and fifty five. So what did he do? What did Powell say? What did Powell do that has set off this reaction that has set off the Dixie look at the Dixie The Dixie is now had one two, three, four, five six, seven eight nine We are in the tenth green weekly candle for the Dixie and to make matters actually even worse if you go into the daily the Dixie has just had a golden cross now You know what a golden cross is the golden cross is the opposite of the death cross When you have a death cross usually prices continue to go down when you have the golden cross That's when prices usually go up and I'll take you to the last time that we had this golden cross Look what happened to the Dixie. So what did Powell do? Why is the market responding the way the markets responding we need to talk about that I'm also going to show you something now and then I'm going to tell you that I'm going to tell you why I'm showing it To you so first of all I want you to watch this because this is probably the most important clip that you will see today Channel where we critique attack and under. Hello there you awakening wonders now This isn't the usual type of video we make on this channel where we critique attack and undermine the news in all its corruption Because in this story, I am the news I've received two extremely disturbing letters or a letter and an email one from a mainstream media TV company one from a newspaper listing a litany of Extremely egregious and aggressive attacks as well as some pretty stupid stuffs like my community festival should be stopped that I shouldn't So that's right That's Russell brand and that's the beginning of something that he said and we're gonna talk about it And I know you don't know it now But I'm gonna show you why that is the only Reason in the world that you need to go out and actually buy a Bitcoin today It's the most important nature actually gonna do I'm gonna link it back to the Russell brand story. That's gonna be Saying that we must talk about today This is a story that that cut me deep and we have to spend some time talking about Russell brand Getting potentially cancelled and why that means that you and I need to buy Bitcoin absolutely immediately Then I'm going to show you a brilliant brilliant brilliant trading to the training tool that's gonna change your life I'm gonna show you how I made one East in less than one hour and you can make one East in less than one hour Too I want to talk about a new blockchain the blockchain is that blockchain over there, which is a combination of Solana Cosmo Celestia and Bullrun or be a catalyst for the next bull run then lastly if you want a hundred bucks for free what you need to do is stay tuned until the end of the show and So to get the show going I want to thank the community who sent this to us Bull runs coming back bull runs coming back bull runs coming back bull runs coming back Bull runs coming back bull runs coming back I need crypto banter Give me crypto banter I need crypto answers Hey Hey Go Stack it up on my nose I'm getting obese from this East I've been buying more Sip coffee bean on my screens The crypto show I'm a bull under gold I'm turning these bears into ghosts Snap at school That's the crash course Crypto man runs in a fast Porsche So much news and research I'm just glad for it Spewing all this alpha we go mad for it Crypto banter I need crypto banter Give me crypto banter I need crypto answers You like it? Let me know in the comments if you like it I'd make it Obviously community members sent it to us Thank you thank you thank you If you were the people that sent it to us We will give you guys a thing I mean initially I didn't like it But then the whole day I was like Crypto banter baby Crypto answers Someone says this song is terrible Yeah well you let me know what you think Listen first of all I want to apologize to you guys I want to apologize On behalf of Jerome Powell For giving us the most boring FOMC Meeting of our lives I feel that we all wasted about two hours Of our time last night In fact the most exciting Part of the whole event last night Was watching the Subscriber count on our new channel So this is our new channel Called Crypto Banter Plus If you're not already subscribed to Crypto Banter Plus Go and subscribe to Crypto Banter Plus Because we're gonna have a whole lot of Trading videos here Annie's trading videos My trading videos Sheldon's trading videos And a whole lot more content here And as you subscribe What you'll see Is that we've made this little counter To see how everybody subscribes How do you subscribe? There's a link below It's a top link Click on that link Go to the channel Subscribe to the channel You're gonna miss out Because yesterday The FOMC that we did We actually watched it here On Crypto Banter Plus So this is where a lot more content Is gonna happen On Crypto Banter Plus So be there Join us This is where a lot of stuff Is actually gonna happen And the most exciting thing about last night Was actually just watching the subscriber count It was the only thing that was going up and down Anyway be there as it may Today unfortunately Things aren't so good We are dealing with a delayed reaction A hangover There we go See you guys are subscribing We are dealing with a hangover We're dealing with a delayed reaction From what Powell did Or what Powell said last night And we need to understand Why the market reacted The way that it reacted And that's what we're gonna be doing today We're also gonna be talking about Russell Brand And how Russell Brand is actually getting cancelled And the lengths that governments are going to To cancel him Why are they trying to cancel him And why is that a reason Why you and I need to buy Bitcoin immediately So listen If you're not already a subscriber to this channel Subscribe to this channel If you're not a subscriber to Banta Plus Go and subscribe to Banta Plus I see you guys subscribing to Banta Plus Thank you, thank you, thank you Let's get this show on the road We've got a lot to talk about today As we stand today We're still positive For the month of September Remember I said we're gonna be positive For the month of September We are still 3 % up Even though It's not looking good out there It's not looking good 26 ,570 Bubbles Are absolutely, absolutely red If Benjamin Cowen is right He says Get this Let's change the scene here Let's make it look more elegant How cool is that So in 2019 After the first 20 days of September Bitcoin was up 6 % But by the end of the month Bitcoin was down almost 14 % From its monthly open In 2023 After 20 days Bitcoin is up 5 % Wake me up When September You know what I mean Wake me up in September And so Question is Are we gonna follow this pattern Or are we gonna follow the pattern That I said Where we continue to go up I do have one little bit of good news For you guys Before we start talking about the FOMC The one little bit of good news That I have for you Is that the Mt.
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"Beating michigan state thirty one nine late in the uh... fourth quarter in east lansing terps defense had three interceptions on the day turps gonna go to for now they host indiana next saturday virginia loses tech to marshall twenty four seventeen hokeys one and three on the season top twenty five is gone final number ten organ all over number nineteen colorado forty two six first loss for dion sanders as head coach of the buffaloes georgetown loses a columbia thirty nothing known as baseball rained out the play the braves weather permitting twice tomorrow one thirty five and six thirty five that's a drop the first two of series or else right now visiting the uh... cleveland guardians and the birds with the ones that lead in the bottom of the third dec night it says game on were planned despite this uh... bad weather they're said to host the red bulls of uh... new york tonight seven thirty at howdy field again the and frank and randy to be able sports thanks frank emergency officials are on alert for power for outages and flooding as pounding rain from ophelia drenches the he and the east coast and the house panel approves for funding bills as speaker kevin mccarthy looks for a wider republican support before next line will have those stories coming up six fifty six the power the powers out of our house but since my family has already wife i from xfinity they can stream and game like usual on
Dr. Jockers Functional Nutrition
A highlight from Advanced Nutrition Strategies for Inflammation and Insulin Resistance
"Hello, and welcome to the Dr. Jockers Functional Nutrition Podcast, the show designed to give you science -based solutions to improve your health and life. I'm Dr. David Jockers, doctor of natural medicine and creator of DrJockers .com, and I'm the host of this podcast. I'm here to tell you that your body was created to heal itself, and on this show, we focus on strategies you can apply today to heal and function at your best. Thanks for spending time with me, and let's go into the show. If you're struggling with stiff or aching joints, and you're tired of letting the cis -comfort steal the joy and freedom from your life, then I have a natural solution you're going to love. It's called Joint Support by Pure Health Research, and this stuff is amazing. It contains seven of Mother Nature's best superfoods for supporting comfortable, healthy, and flexible joints. It even promotes healthy cartilage growth, too. All it takes is one small capsule of joint support every day to start feeling the positive effects on your health. As a listener of our show, you can try Joint Support risk -free today and get a free 30 -day supply of Omega -3 when you take advantage of this special offer. It can promote healthy joint lubrication, making it easier to move in comfort. You're also getting two free e -books, so you can learn more about joint health. Just head over to getjointhelp .com forward slash jockers. That's G -E -T -J -O -I -N -T -H -E -L -P dot com forward slash J -O -C -K -E -R -S getjointhelp .com forward slash jockers to order Joint Support and claim your free bottle of Omega -3 while supplies last. Again, that's getjointhelp .com forward slash jockers. Welcome back to the podcast. In this episode, I'm being interviewed by Dr. Beverly Yates for her upcoming Reverse Type 2 Diabetes Summit. We talk all about the best advanced nutrition strategies to reduce inflammation and improve insulin sensitivity. There's a lot of things you can do if you are looking to lose weight, if you're looking to improve your blood sugar sensitivity. We know insulin resistance is at the root of all chronic inflammatory conditions, but there's a lot we can do from a nutrition perspective. We go through that in this interview. I talk a lot about intermittent fasting and how that helps improve mitochondrial function, helps improve blood sugar stability and turn on fat burning. We talk about how to improve your stomach acid, bile flow, pancreatic enzymes, so you can reduce the amount of endotoxins that are released from your gut and into your bloodstream that drive up inflammatory activity in your body. So this is a really powerful presentation showing you exactly what you need to do to stabilize your blood sugar, to burn fat for fuel and reduce inflammation. If you know anybody that's dealing with type 2 diabetes, prediabetes, perhaps they're overweight looking to lose weight or they're obese, please share this episode with them. And you can also check out the Reversing Type 2 Diabetes Summit that Dr. Yates is putting on. Just go to the show notes for this episode on DrJockers .com and there will be a link there where you can register for free for the Reversing Type 2 Diabetes Summit and listen to all the great interviews with top experts when it comes to blood sugar stability and type 2 diabetes. And if you have not left us a five -star review for this podcast, please do that now. When you leave us a review, it helps us reach more people and impact more lives with this message. It's really easy to do. Just go to Apple iTunes or wherever you listen to the podcast, scroll to the bottom, usually the review areas at the bottom and leave us a five -star review, leave a comment in there. That means so much to us and helps us reach more people. So thank you for doing that. Thank you for being a part of our community and let's go into the show. Hey everyone, welcome to the Reversing Type 2 Diabetes Summit. I'm your host, Dr. Beverly Yates, MD. It's my distinct privilege and honor to interview a wonderful colleague of mine, Dr. David Jockers. He's been a leader in many aspects of health and continues to help people have clarity about their health. One of the things that's so interesting as we do all the episodes here for the summit is I'm trying very consciously to give people different points of view and different aspects of what it takes for blood sugar success to be well. So with Dr. David Jockers, we're going to introduce him in just a moment here. He's a doctor of natural medicine and runs one of the most popular natural health websites online in drjockers .com and has gotten over a million views for monthly visitors and his work is really popular. It's been seen on shows like The Dr. Oz Show and Hallmark Home and Family. He's the author of the best -selling book, The Keto -Metabolic Breakthrough and also The Fasting Transformation. He's a world -renowned expert in the area of ketosis, fasting, brain health, inflammation and functional nutrition. He also hosts his popular Dr. Jockers Functional Nutrition podcast. Be sure to look up his work, check out what that he's offering. Dr. Jockers, welcome to our summit. Thanks so much, Dr. Beverly. Great to be on with you. Yeah. You know, I've really been excited for our talk because I think that there are so many ways in which people can eat and nourish themselves and some things are certainly more helpful or successful when it comes to blood sugar control and glycemic regulations than others. So with that in mind, let's dig in right away here. So please, if you would share with us your perspective here, what is inflammation and how does it develop? Yeah. Inflammation is just a natural process of healing. In fact, it's actually designed to help protect our body from some sort of chronic systemic infection and so, well, not chronic infection, but some sort of systemic acute infection from killing us quickly. And so I think we look at the history of mankind. More people have died from infections that got into our bloodstreams, bloodstreams spread throughout our body, went into major vital organs and killed us is what used to kill most of our ancestors. And so our body has created this inflammatory process to help protect against that. So the infection that gets in doesn't get into our lungs and cause pneumonia or our nervous system and cause meningitis. And so in order to do that, we created this inflammatory process to keep basically infection under control. And it's also part of the healing process. We break down damaged tissue and we try to remove that in order to build new healthy tissue. So for example, if we sprain our ankle, we're going to break down that tissue and try to rebuild new healthy tissue in that area. So inflammation itself is life saving. The issue is that it should be turned off when the appropriate area is healed. And so in our society, we have certain vectors that are turning up inflammation. For example, one is called leaky gut, right? So when somebody has leaky gut, there's damage, micro damage to the intestinal lining. And every time that person's eating food, particularly food that causes more gut irritation, they are further tearing that gut lining and they're not really allowing their body to heal properly. And therefore, they're spewing out bacteria and endotoxins into their bloodstream through that lining, through that hole. And that's driving up inflammation in the body because the body thinks that it's under attack from some sort of systemic infection or some sort of basically infectious process that could be life threatening. And so we've got to do what we can to get inflammation under control in our society. And so I think about it like a fire in a fireplace. You know, if the fire is on in the fireplace, it's great. It warms the house. You know, it creates a great environment, an ambiance. However, when we dump gasoline on the fire, right now it spreads on the walls and starts to burn our home. And obviously that's when it's a major issue. And so in our society, we have lifestyle habits that are dumping gasoline on the fire and causing us to burn up our home. And we just don't really understand it. We don't realize that's actually what we're doing to our body. And then we later, you know, after doing this for years and years and years, we get diagnosed with the chronic disease. But this is many years of chronic inflammation, damaging cells, tissues and organ systems of our body leading to, you know, that disease diagnosis. Absolutely. Absolutely. Thank you for laying that out so clearly. You know, it's so interesting in clinical work, sometimes it comes up. People are like, this just happened to me overnight, thinking that their body has attacked them or betrayed them and that their diagnosis has come on all of a sudden when in reality, nope, this was years in the making. So thank you so much for pointing that out for us. So anyone listening to this, if you have an inflammatory problem, please know. It took time for it to develop and it will take some time for it to heal. The good news is, if healing is possible, that it's likely to be a lot faster compared to the silent onset process. It's like too bad. It would be great if our body, as we get more and more inflamed, gave us a sound or a noise or maybe we turned polka dotted or something so we can know that something's going on here, you know? Yeah, for sure. And many times people do have chronic symptoms that are giving them a warning sign. And we just ignore it in our society, right? It's kind of like a check engine light goes on in our car. Typically we know, okay, I need to bring this in and get it looked at. But in our society, if we have headaches, chronic headaches, if we have chronic gut pain, if we have chronic joint pain, if we have skin rashes, acne, eczema, if we are gaining weight and we try some lifestyle strategies and we're just not losing weight, if we're gaining weight and we can go on and on, in our society, oftentimes the first thing we do is we go right to some sort of medication or we try to just ignore it. It's like we just let the check engine light stay on or we take some duct tape and just kind of stick it over it and pretend that everything's okay with the car. And that's really what we're doing. We're not actually getting to the root cause. Exactly. So that brings me to my very next question for you, which is this. What are some of the root causes of inflammation and how can this be measured quantitatively with lab testing? So when we look at root causes of chronic inflammation, one, and this is what you're really addressing in this summit, is a diet and lifestyle that is not right, right? So high blood sugar and insulin resistance, primarily driven by the food that we're consuming and lack of exercise, right? Lack of movement, food that we're consuming, obviously stress plays a role. So high stress, poor sleep hygiene and poor sleep quality. Sleep quality is super important. We've got to make sure we're sleeping really well when we are sleeping, but also proper hygiene when it comes to sleep. That plays a big role with our sleep quality. For example, shift workers, they might sleep eight or nine hours, but because they're sleeping at the wrong hours that are not right with, you know, humans, natural circadian rhythm or we're supposed to be sleeping at night, they tend to have higher levels of blood sugar and insulin resistance compared to people that are sleeping the same amount of hours and working kind of a normal shift and then sleeping overnight. So those are major factors. And then beyond that, we have things like chronic infections. So we know that when we have different infections, whether it's a candida overgrowth in our gut, small intestinal bacterial overgrowth, H. pylori infections in our stomach, parasite infections, Lyme disease, things like that, that all drives up inflammatory processes in our body. Chronic overload of toxicity. All of us are exposed to chemicals in our air, water and food. So all of us have levels of toxicity coming into our system. But if our drainage and detoxification pathways are working properly, we should be eliminating a good amount of those and keeping our toxic bucket under control. And so we all have kind of like a toxic threshold. And so if we keep things under that threshold by keeping, you know, by limiting our exposure to toxins and then by allowing our body to detox and drain effectively, then, you know, that doesn't drive inflammation. However, if we're consuming lots of toxins from the food, we eat the air, we breathe the things we're putting on our skin, the water we're drinking, and then we're not doing things to help improve our lymphatic system, our liver, our gut, our kidneys. Right. We're not we're not peeing. You know, we should be urinating. Right. We should be peeing out toxins. We should be breathing them out. So respiration, perspiration, that's sweating, urination and defecation. Right. So we should be peeing, pooping, breathing. And sweating out these toxins. If we're not doing that, then our toxic load goes up, goes over that threshold, drives inflammation in the body. So toxicity is a big factor. You know, I mentioned stress. There can also be things like post -traumatic stress disorders. Right. So where somebody's had major trauma and their body never really recovered from that trauma and they're kind of reliving that trauma. Maybe somebody that was a war veteran or perhaps they were sexually abused or something along those lines. Right. They may relive those traumas on a regular basis, driving up inflammation in the body. So all of these things need to be addressed and and considered. Somebody might be living in a mold toxic house, right, breathing in mold and mycotoxins on a daily basis. They're trying to live a healthy lifestyle, but they're constantly overloading their their system with toxins. And so we've got to be able to look at all of those factors and make sure that we're addressing those to keep inflammation under control. Now, when we're measuring inflammation on labs, there's some easy labs that we can look at. You know, you can get done on blood work. For example, one of the most common is high sensitivity C reactive protein. CRP is a protein that our body, our immune system produces in response to inflammation. And, you know, so long as you don't get a false negative, like if you work out really intensely right before you get your blood test done, your CRP will be through the roof. That's actually a healthy level of inflammation, because after we exercise, we have inflammation to help our body heal and recover. So normally you want to not work out roughly 48 hours before getting the test done, ideally at least 24 hours. So you get the right measurement and your HSCRP should ideally be under one and really as close to zero as possible. And so typically it's not flag tie unless it's up over two or three, somewhere in that range. But anything over one is a sign that there's underlying inflammation there. And that's something that we definitely want to look at and address. So that's a big factor. You know, I know in this in this summit, I'm sure you've got people talking about things like hemoglobin A1C. We know hemoglobin A1C, that's a sign of the glycation process or basically when a sugar molecule binds to a major protein, like in this case, when it binds to hemoglobin, major protein that helps bring oxygen to the cells in the body and denatures the hemoglobin. And so it causes a sticky protein process. So we should have ideally like the optimal range really is is really under under 5 .2 on the hemoglobin, 5 .2 percent under. And so typically in our society, nothing is flagged until it's up over six, up over six percent. I like to keep mine under five, right? Between four point five and five. Some are in that range to make sure that my hemoglobin, my red blood cells have great capacity to bring oxygen to the cells so I can create the cellular energy I need to really thrive. So hemoglobin A1C is a really good marker. There's another one actually that you can test, too. It's it's it's called a novel marker for systemic inflammation. It's called GlycA, right? And so it's also a marker of glycosylation and again, a sugar molecule binding to proteins. In this case, GlycA looks at proteins particularly involved in the immune system. And so when that's elevated, I like to see it between one hundred and three hundred. Some are in that range, more closer to one hundred when it's up over three hundred. We know that's a sign of systemic inflammation. In fact, there are some individuals that will have normal HSCRP, but we'll see the GlycA elevated. And so that's a really good it's a novel marker. They've just been doing a number of studies on that, really starting just in the last five years. Very interesting marker. We know, for example, statin drugs will have a cholesterol lowering medications can have a mild anti -inflammatory effect that may bring CRP down, but they don't bring GlycA down. Whereas a lot of lifestyle strategies that you're talking about on the summit will help bring both of those markers down. And so that's a that's a really important thing to be looking at. Another key marker is LDH, lactate dehydrogenase, which is part of our natural energy, you know, our glycolysis and Krebs cycle. It's kind of a Krebs cycle glycolysis intermediary enzyme. And so when that's elevated, it's a sign that there's inflammation, particularly heart tissue related as well as liver. Right. Could be related to liver. And speaking of liver, liver enzymes are another really good marker. So when we're seeing liver enzymes like ALT, AST, GGT, when these when these are elevated up over roughly up over 25, that's a sign that there's inflammation affecting the liver cells. And then based on the ratios, for example, if ALT is real high, AST is kind of in the normal range, roughly 10 to 25 in that normal range. We know that inflammation is really affecting the liver when AST is high and ALT is more in the normal range or a lot lower than AST. We start thinking about that inflammation affecting muscle tissues or affecting the heart in particular. So that's a key marker for that. When GGT is real high up over 25 again and the AST and ALT are lower than the GGT, then we start thinking about biliary tree, gallbladder, bile ducts, that region. So it kind of helps us understand more of where that inflammation may be located. So these are just some of the markers. You know, if you get a good a good look, you know, you can also look at just a lipid panel, like where you're looking at your LDL, which is considered the bad cholesterol, your triglycerides, your HDL levels. We like to see the triglyceride to HDL ratio. If there was one thing I was going to look at on a lipid panel, I think all the markers can have some importance. We can get some good clinical data from all those markers. But if there was one marker I think is most important to look at, it would be the triglyceride to HDL ratio. So how many triglycerides, which are basically free fatty acids that our body can use as an energy source that are circulating in the bloodstream versus the high density lipoproteins, which are a carrier molecule that helps bring fats, lipids, all different types of molecules back to the liver from the cells. And so when we're looking at that ratio, we ideally should be under two. So under two parts triglyceride to HDL, roughly close to one. And that kind of close, as close to one as possible, one part triglyceride, one part HDL, like to see that triglyceride level certainly under a hundred. OK, and we look at that. That is a key marker for insulin resistance and inflammation. If your triglyceride to HDL ratio is up over two, if your HDL is under 50, you know, triglycerides are up over a hundred. You know, definitely a sign of insulin resistance and inflammation taking place in the body as long as the test is done fasting. Right. We always want to make sure with the lipid panel definitely can be affected if we eat a meal right before we we get that lab done. But that's a really key marker to look at and helps us understand how well our body's responding to getting nutrients into the cells. So when triglycerides are real high, we're not good at burning fat for fuel. We've got all these extra fats out in the cell or outside in the bloodstream. And those fats can become denatured and cause more reactive oxygen species and drive up oxidative stress and inflammation in the system. So all very important markers to be looking at. A lot of these tests are not expensive, but glyca is a little bit more pricey. But most of the other ones you can easily get from your physician. Just go in, ask for the high sensitivity, high sensitivity to your reactive protein, lipid panel, liver enzymes. Right. They'll run all of those. And then one other marker that we should look at as well as vitamin D levels are 25 hydroxy vitamin D. A lot of research out showing that levels on certainly under 30 nanograms per milliliter, where you're you're the lab will actually flag you as deficient, you know, linked with all cause mortality. So if you have levels under 30, you're all cause mortality, cancer, diabetes, heart disease, osteoporosis, neurodegenerative condition. We talk about any sort of chronic disease and then dying of anything goes up. Right. So it's really easy actually to bump that up. Ideally, we do it by getting in the sun. However, most of us just not getting enough sunshine. We may not be living in an area where the sun's going to impact us in a significant way to get the vitamin D if we're up. Let's say we live in Canada, we live in Maine, we live in these northern climates. It's going to be harder to get enough vitamin D from the sun. But if we are in a you know, even if we are in that location, like in the summer months, trying to get as much sun on as much of your body as possible. Obviously, you don't want to burn. But outside of that, trying to get the sunshine is key. Sun offers a lot more benefits than just a vitamin D supplement. However, taking a vitamin D supplement as well can be really helpful. I usually recommend about a thousand international units per twenty five pounds of body weight taken with meals you do at one or two doses, depending on how much of that you need. And that will definitely get your vitamin D levels up. You want to test every three to six months or so and kind of look at where you're at. Ideally, I like to see it up over 60 nanograms per milliliter, usually not concerned about overdosing. The research shows that as long as you keep it really under about 150 nanograms per milliliter, you won't deal with any sort of, you know, toxicity, vitamin D toxicity. It's really hard to get it up over 150, although it can be done if you're taking like 50 ,000 units every single day. So if you're taking roughly five, 10, 15 ,000 units every day, you're probably going to optimize your vitamin D and do really well. And so those would be some of the key labs I would definitely recommend. All right, great, thank you for that list of people listening, friends, you know, here in the audience, please do take out your notes, get your paper and pen ready, or if you're keeping a Google doc or however you're keeping track and look at this list because it'll be helpful to you to help guide your own health and be aware. And you may find you're already working with a doctor who's doing these kind of testing. It's not time to time to up level. Hey, I just wanted to interrupt this podcast to tell you about my cell liposomal glutathione. This is an amazing product because our modern world is toxic. No matter how health conscious you try to be. The truth is that every single day you and I are being bombarded by harmful toxins and stressors, things like EMF, 5G, heavy metals, chemicals, processed foods and the like. And when left to roam free, these toxins take on the form of something called free radicals. Free radicals promote an unhealthy inflammatory response and contribute to oxidative on damage the cellular level. This is kind of like the browning of an apple. This is happening inside of our bodies at all times, and it's potentially leading to premature aging, a lower quality of life and a range of health problems. But the good news is that we can fight back with antioxidants and they are crucial in combating free radicals and keeping you on track. And one of the most powerful antioxidants known to man is glutathione. You see, glutathione fights free radicals and molecules that cause cellular damage while repairing the DNA and flushing out toxins. The only thing about glutathione is that not all supplements are created equal. You want a kind of glutathione that has optimal absorption capacity. And that is why I love the Pureality Health My Cell Liposomal Technology, which delivers the nutrients into your bloodstream. And it's proven to be 800 percent more efficient than other forms of glutathione. And even better, this is backed by a 180 day money back guarantee. And today we have a 30 percent off coupon for you. Just visit PurealityHealth .com and use the coupon DRJ to access 30 percent off today. That's Pureality Health. That's P -U -R -A -L -I -T -Y H -E -A -L -T -H dot com and use the coupon code DRJ to access 30 percent off today.
WTOP 24 Hour News
Fresh update on "twenty five" discussed on WTOP 24 Hour News
"Missing or broken teeth you should know there is one great solution from the cascade center for dental health in sterling cascades one is a revolutionary full mouth implant solution pioneered by doctor sri ish report earlier with cascades one you receive the highest quality full mouth dental restoration we do it all one doctor one office one price all backed by our amazing guarantee call today to learn more call eight six six twenty five sleep or visit cascades one
WTOP
"twenty five" Discussed on WTOP
"Twenty five and fifty five powered by red river technology decisions aren't black and white think red here's frank hanrahan tough ending for the nationals they give up a grand slam in the bottom of the eighth inning lose at nine five this is after mass came all the way back from five one to side up at five five the eighth but they can't get it done louise garcia did have a homer for the nationals who lost her fourth straight the wrap of the series on sunday afternoon against the brewers oriel's top of tampa bay eight zip on saturday say atop the al east they'll play the finale of the series on sunday mls dc united can't score again second straight game without a goal as they ended ended a scoreless draw at charlotte fc last time dc united scored was on september 2nd wsl washington spirit lose two zip at gotham fc college football virginia tech drops one at rutgers thirty five sixteen howard loses a tough one to hampton thirty five thirty four play this one at outie field georgetown loses to stony hill top twenty five number one georgia comes back and beats south carolina twenty four fourteen fifteen bulldogs were down fourteen three at halftime extend their winning streak to twenty in a row florida upsets number eleven tennessee twenty nine sixteen a frank hanrahan wclp sports coming up after traffic and weather we're learning about three early morning fires within blocks of each other in gay thursburg suspects is now in custody take twenty six ever have this happen stranger comes to your door and they tell you they're doing some work at your neighbor's house and then they promise a steep discount if you'd like to have them do some work at your home as well hi it's chris corwell why on earth would use you a company you've never heard of to work on your home who are they will they even be around in a few years look your house is your biggest investment probably if you need to replace or repair your roof call roofmasters roofmasters has been in business for almost 30 years and with roofmasters there are never any hard they'll sells give you a detailed proposal with photos and measurements and cost options and then you decide what's right for your home and your budget as with any work you're having done remember always get three estimates just make sure one of the three is from roofmasters roofmasters 301 230 -ROOF that's 301 230 -ROOF online at roofmasters .com remember with roofmasters the proof is in the roof this summer was awesome but brutal on your lawn now it's fall and your lawn needs a quick boost that's where Scott's turf builder comes in Scott's turf builder makes it easy to give your lawn the nutrients it needs to help repair the damage that summer fun caused and strengthen your roots till spring guaranteed feed and repair your lawn now and enjoy Scott's turf builder winter garden local retailers every you've had began with opportunity now there's another
WTOP 24 Hour News
Fresh update on "twenty five" discussed on WTOP 24 Hour News
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Bloomberg Radio New York - Recording Feed
Monitor Show 07:00 09-15-2023 07:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context, and context changes everything. Go to Bloomberg .com to get context. This is Bloomberg Radio. The context around European growth has changed. There are really, across the board, weakness in the euro area to a lesser or greater extent. Resetary risks do linger as we move into next year. I think it's harder to see higher inflation if growth is weakening in the euro area. I think the Fed so far has done a pretty good job. I think the ECB isn't quite there yet. This is Bloomberg Surveillance with Tom Kean, Jonathan Ferro, and Lisa Abramowitz. The words that rock Detroit, we will strike all three of the big three at once. From New York City this morning, good morning, good morning. For our audience worldwide, this is Bloomberg Surveillance on TV and radio. Alongside Tom Kean and Lisa Abramowitz, I'm Jonathan Ferro. Your equity market on the S &P slightly positive on the S &P 500 by 0 .1 percent. TK, it is our top story. Strikes in America. It's got to be a top story, but it's a different strike. I was thunderstruck. Bramo nailed this yesterday. She said, pay attention to 10 p .m. and she was absolutely right there. I was watching Twitter or whatever. Afterthought came in late partying and, you know, I'm up watching and the whole thing and there it was. This is a hyper -surgical strike. This is a strike I've never seen. This is a strike Joe Biden has never seen. Lisa, it's twelve thousand seven hundred workers across three plants. There are three ways to interpret this. Number one, this is digging your heels for a prolonged strike where you can allow your eight hundred and twenty five million dollar strike fund to last. Number two, this is just.
WTOP 24 Hour News
Fresh update on "twenty five" discussed on WTOP 24 Hour News
"Twenty five and fifty five powered by maximus moving people and innovation forward yet they now here is ben raby alright kyle one of the most popular players in nationals history shonda little announcing his retirement dulittle was a character in these parts big star wars fan a guy a who spoke his mind didn't shy away from political conversations but he was a book very efficient pitcher as well in a key card for the twenty nineteen world series champs long -time beat reporter mark zuckerman shared on the champ dance podcast he was still remarkably good for them come that october and you combine that with what he did in seventeen and division series against the cubs and in twelve post -season games for the nationals he never once blew a lead in the post -season that's all you could ever ask for from a reliever in the most important games shondilla dulittle moving on after an year big league career meanwhile today's nance game against the braves already rained out they'll try to make it up as part of a split double -header tomorrow college football big ten opener for maryland the three no terrapins visiting michigan state three thirty kick in east lansing and elsewhere this afternoon dion buffaloes on the road a tough challenge as they visit number ten oregon ben raby wtop sports all right ben thanks coming up on w t l p or feel you continues to make her way north lashing the coastal areas as damaging winds dangerous surges of water we could see some flooding around the washington area already seeing a a little bit here and there will keep you updated as we go through the afternoon and evening here on wtop it's now nine fifty six settle down class colin you're up my fellow students for today's show and tell i present to you my phone it's made with glass and an array of just metals i can't pronounce it's powered by it's been any mobile so it's fast anyway with xfinity mobile we save hundreds of dollars a year it's like being in a secret club that's open everyone like mathletes or robotics but for savings now if you all take a hand out colin what are these i'm quizzing the class on the material xfinity mobile is the fastest mobile service with 5g cellular and millions of wi -fi hotspots switch and save hundreds a year with the best price for two lines of just thirty dollars a line a month visit xfinity dot com slash fastest mobile to learn more restrictions apply xfinity unlimited intro service
Mutually CoDopendent
A highlight from 110 - Wait What?
"I'm ready to smoke some fucking weed. I am too. Let's get this shit going. Hello, welcome to Mutually Codependent with Adam and Jen. I am Adam. And I am Jen. Welcome. Thank you for joining us. Thank you for joining us today. You giggle as soon like like we'd hit the record button and just totally different mood. I love it. I need to I need to figure out how to bottle this mood for you. So like when I do something wrong and you're irritated with me and I'll be like, hey, and then it'll be like podcast mode. I'll just throw you your headphones. That's the key. Like you put your headphones on and you're just suddenly in a better mood. You make me sound so grumpy. No, no. Yeah, no. I said when I do something wrong, I was very careful with my choice of words. Yeah, I guess that's true. As I usually am. What are we smoking today? We are smoking a new strain that we haven't had on the show before. Oh, shit. Super exotic lemon punch. Super exotic lemon punch. It's a hybrid. It gives a lot of energy, helps with focus. It's apparently really great for stress and ADHD is what I read on Leafly. I would say that's true. I have smoked it before. I'm going to I'm going to mention that we've been doing pre rolls up until now and I bought a bubbler today. He did buy a bubbler. And so I'm going to I'm going to be using that. So if you hear different sounds, that's why I just wanted to brag about it. But tell us more about the super exotic lemon punch. I will. Okay, so has twenty five point four percent of THCA and zero point two four percent Delta nine THC as our strain of the show. Super exotic lemon punch is courtesy of syntax CBD in Texas. Canna Health, our exclusive sponsor. The main term they buy that syntax CBD and syntax CBD dot net. And if you use the code pod 15, that's pod one five, you'll get 15 percent off your purchase. That's for listeners only. Obviously, yeah, so the the main terpene found in this strain is terpenolene terpenolene terpenolene. Yeah, so terpenolene if you don't know what a terpene is, the terpene is a different chemical compound. Compounds in the cannabis plant that make it have that supposed indica or sativa or hybrid feeling. Which people will argue with that, but don't listen to the terpenes and the the cannabinoids are what make the effect as far as any science knows. So, yeah, and terpenolene is found also in apples, sage, nutmeg and lilac. So it's a very herb and floral type flavor. It's delicious. I was I was playing with the new bubbler and like just fresh flower with no fire. And of course, like brand new clean piece. So there's no like grossness. Also super nice. I had a little cough, but not too much. But I was doing it without the fire and I could taste the terpenes in it like I could get the flavor of the flower. I think I might start doing that with flower as we get new stuff so I can taste it as soon as I burn it. I can't really taste the different terpenes as much. I mean, yeah, it has a different taste a little bit, but I just don't feel like I can be as precise. Yeah, with all that smoke. Yeah, it's supposed to give you a very uplifted feel. A very it's a focused, energized, uplifted feeling is what I read. Yeah, apparently it's great for people with ADHD. I needed this the past month.
The Bad Crypto Podcast
A highlight from The Great Taking
"Would you like to get paid to listen to this podcast grab the fountain app for free and get all our badness But earn some sweet satoshis download for free now at fountain FM here in the Republic of bad, Cryptopia We've been talking about the great reset for many years Designed to strip normal citizens of power and privacy the global elite have their eyes set on making themselves Kings and queens of the modern era you and I well were to be serfs And we shall eat bugs and like it, but if the world were to transition to this final dystopian phase How might it take place a book titled the great taking by David Rogers web? provides scenarios in which it might all unfold you might say it's a blueprint for world domination or Oppression we give you our take on the great taking today on our hey We can't all be kings and queens so suck it episode number 696 of the bad crypto podcast you This is the bad crypto podcast the show for the crypto curious and the crypto serious We are your blockchain blockheads your crypto clowns the nifty nerds It's the DeFi do fight the metaverse morons and the bad crypto badasses Joel calm and sir Lord Travis right and and we're here for you We are heater Definitely not only that we want to you know we've been talking about a lot of this stuff and some people go oh my god It's conspiracy you guys but part of the reason that I know that I got into crypto was because I understood how fiat money works right and Once you understand how paper money works in the Federal Reserve Bank that's neither federal nor reserve and then paper fiat money is always inflationary it always crashes eventually and Always create these depressions and whatnot and so it's like once you understand that you start Trying to figure out how the rest of the system works right Joel kind of yeah absolutely and you know hey conspiracy Theorists are batting pretty high right now like if you know you were a Vegas odds maker You'd have to put your money on on the conspiracy Theorists and look some of it is just obvious as the nose on your face Unless you know you unless you have no nose in which case it's just obvious that you don't have a nose on your face Which is even more obvious than having a nose on your face, so by the way Travis. I was reading through you know our list of Funny things that we call ourselves You know usually we say we duck duck go things so people don't have to and that that has to change now now We're chat GPT stuff so people don't have to Well we're Claude a eyeing stuff also you found a great site called Claude AI That you can upload documents to and tell it to give you summaries Mm -hmm yeah, it's really good. It's one of those tools that can help you learn faster Right as long as these tools don't become bastardized and be completely biased from a liberal bent right that only gives you Oh, I give you upload stuff, and it goes and we don't want to tell you that because it says things We don't want you to know. I think it's we're still early that that's not the case I I do think chat GPT is getting a little more biased Claude doesn't seem to be yet, right? But what I did was I found this document. I think I found it on a Twitter Thread or a YouTube video. I don't remember exactly where I found it But then if you go to the great taking dot -com you can actually get this PDF download the PDF then Upload it into Claude dot AI when I say Claude that's like Claude Monet CLA ude dot AI Upload it in there, and then just you can start asking it questions, right? You can do this with any PDF that you want to upload, but this this author right here David Roger Webb He's worked in finance and investing for many years, and he started to realize that most of these major economic crises are Intentionally by caused these very powerful people who control the central banks and the financial system, and then you go hey Travis What do you mean these powerful secretive people who own the control the central banks and the financial system? Well that goes back Joel to our G Edward Griffin Conversation with the creature from Jekyll Island and how they created the Federal Reserve Bank at the same time They created the IRS same time They created the Federal Reserve Note and the paper money and their goal has always been to over time Not immediately like the people who created it in Jekyll Island the in the Federal Reserve Bank They know they're not gonna be the ones that see this true fruit to fruition But they know their grandkids are probably gonna be the ones that lead it So there they want to consolidate power and control humanity and orchestrate this economic turmoil Over a long period of time like they don't have just a four -year cycle of goal like a typical president does Joel They have like hey, we're gonna do this over the next hundred hundred and twenty -five years right right. It's generational You know it's kind of the Chinese have been so successful because you know as you've noted before they have a 500 year plan And so the powers that be are looking you know forward to the generations to come here and going how do we bring this? To a place where we have all the control on the world and we decide how the world is run and so this book provides one theory on How this all comes together and how they bring about this great reset And so it doesn't mean that this is what is going to happen But all of the things we're going to talk about that are described in this book are definitely we're on that path To these things taking place and fortunately you know Satoshi Nakamoto created Bitcoin and If it weren't for decentralized cryptocurrency, I don't know that you know there would even be a chance of Fighting back against the the tide that has been set against us to you Yeah, yeah, well what we're seeing is a collapse in monetary velocity Just just like what happened in the 1930s depression where money has an ebb and it flow It's like that would they'll flood the market with more paper dollars and printer go burr And then they get to the point where they start pulling that money back And there's less money and then that signals the end of the debt cycle Right according to this book and according to other experts, and that's what we're seeing right now is there's this slow collapse that's happening and That's what's most likely Motivating the great reset plan right so they're talking about oh, you'll have nothing and you'll be happy well What does that mean? What do you mean? We're gonna have nothing and be happy.
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.
WTOP
"twenty five" Discussed on WTOP
"By Long Fence save twenty five percent on long fenced expavers and fences six months no payment no interest financing terms and conditions apply go to longfence .com it's 4 10 now money news at 40 10 and past every hour with Jeff Claybaugh the DC area housing market is increasingly odd the greater capital Association of realtors says the market is now dysfunctional even with seven percent interest rates in very little for sale in the DC region sellers are still getting multiple offers and what sells is selling five percent faster than it did a year ago the Association represents real estate agents in DC and Montgomery County where the median selling price is now six hundred eleven thousand dollars US homeowners are sitting on a record untapped home equity of almost twenty nine trillion dollars but tapping it is expensive now mortgage rates are high but home equity loan rates are even higher rates comparatively low for homeowners here though lending tree says the average HELOC rate by state in Maryland is seven point nine percent it's just over eight percent in Virginia Jeff Claiborne, WTOP News. Coming up on WTOP. FEMA and local agencies focus on older Americans during September's National Preparedness Month. I'm Dan Ronan. It's 4 -12. Here's a highlight from Rocky Bazil, the associate director for ATD research on Workplace Education sponsored by Association for Talent Development. What we found is that high performing organizations tend be to using asynchronous e -learning so this is a good way for agencies and organizations to implement a way that their employees can get additional knowledge. Watch the entire discussion on Federal News Network. Search workplace reimagined. ATD has partnered with federal agencies for years to provide training solutions for their learning and development teams. Now more than ever effective training in a hybrid work environment is essential to achieve results. ATD has research -based courses to support your talent development team including certificate courses on designing effective training programs that align with your agency's mission and improve team performance. Look for us on the GSA schedule or contact us for solutions tailored to agency's your specific needs. Go to td .org slash workforce. Settle down class Colin you're up. My fellow students for today's and show tell I present to you my phone. It's made with glass and an array of precious metals I pronounce. can't It's powered by Xfinity mobile so it's fast. Anyway with Xfinity mobile we save hundreds of dollars a year. It's like being in a secret club that's open to everyone like mathletes robotics or but for savings. Now if you all take a handout Colin what are these? I'm quizzing the class on the material. Xfinity mobile is the fastest mobile service with 5G cellular and millions of Wi -Fi hotspots. Switch and save hundreds a year with the best price for two lines of unlimited just $30 a line a month. Visit Xfinity dot com slash fastest mobile to learn
WTOP
"twenty five" Discussed on WTOP
"Twenty five percent off all fences decks and pavers find traffic and weather on the eights here's mary in the wtop traffic center all right dan and we're cruising around the beltway via our cameras and so far so good if around the beltway one crash was reported on the inner loop near route one college park exit 25 so are unfounded not even seeing any slowdowns happening so be on guard but again the beltway moves well both both in maryland and in virginia we'll continue on the maryland side 270 checks in okay 95 beltway to beltway are one crash south 95 one win off the road between 175 and route 32 so proceed with caution delays have dissipated as fire trucks have cleared the scene but again may you see some flashing lights nothing on the baltimore washington parkway in upper marlboro a new one on route four pennsylvania avenue extended it's running southbound near the suitland parkway this is the first report of a vehicle fire if you are to or from the eastern shore via 50 you traveling across the chesapeake bay you've got three lanes now going eastbound two going west and no big delays until you hit queenstown you might hit the brakes and toward the arrington road interchange where crash the is said to be consolidated to the right side so you're better toward y mills and 404 nothing else reported ahead nothing in the westbound direction all the way to the beltway even inside of the beltway new york avenue into northeast washington what to note in the district well we have a festival it's the chinese cultural festival it closes pennsylvania avenue and constitution avenue and essentially between seventh and third streets both roadways and all the numbered streets north and south in that stretch will also remain shop closed labor day appliance savings at lowe's now's the time to refresh your kitchen for less lowe's knows home improvement married upon the wtop traffic to seven news first alert meteorologist jordan evans even though the weather is cooperating for outdoor plans this holiday weekend we could still use some rain and even once we get into next week
WTOP
"twenty five" Discussed on WTOP
"Fence save twenty five percent on long fence decks pavers and fences six months no payment no interest financing terms and conditions apply go to LongFence .com money news on WTOP 10 and 40 past the hour here's Jeff Claybaugh home prices are now lower than a year ago and lower in some cities that had been among the hottest housing markets up until recently the S &P Case Shiller home price index is in June the median price of a sale in Las Vegas was eight percent lower than a year ago the annual drop in San Francisco was almost ten percent prices in Seattle are down nine percent from a year ago the year -over -year price change in the DC Metro was positive curve up six tenths of a percent Best Buy did well during the pandemic selling work at home tech gear in kitchen appliances for homebound cooks that is fading and that and more cautious consumers in in general dragged Best Buy sales and profits lower last quarter and it has cut its full year cast for sales George Mason University has set an enrollment record not just for itself but a record among all schools in Virginia GMU Enrollment has surpassed 40 ,000 students this year including a record 4 ,500 freshmen George George Mason University marked its 50th anniversary last year the Dow is up 88 points the S &P 500 is up 20 the Nasdaq's up a hundred and one points Jeff Clable WTOP news brought to you by Lowe's shop Labor Day appliance savings at Lowe's now's the time to refresh your kitchen for less Lowe's knows home improvement up ahead on WTOP EOP if they
The Café Bitcoin Podcast
A highlight from "Fiat Ruins Everything" with Jimmy Song + Bitcoin Art, Education, and Fun with Bitcoin Trading Cards - August 28th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohle, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. Hope you guys are doing well on this fine Monday morning in the late summer. I think we've got plenty to talk about here. We've got Bitblock Boom recap. We've got a guest later on in the show. Len Alden's new book came out. We've got a handful of news items to talk about. But really, I'm just glad to see Peter's on because Friday he promised us that he would be doing his own personal rendition of Richmond, north of Richmond. No, don't know it. Don't even really like the song, to be honest with you. Peter, Peter, I mean, now you're just playing with us. I'm sure your vocal cords are just not warmed up yet, so we'll give you a minute or two. And go fuck yourself. It's never too early for a G .F .Y. from Peter. So, hey, let's do a Bitblock Boom that offers on the table, though. Peter, any time you want to bust out your rendition, feel free to. We got Tomer, Dom, Mickey, Peter. Great to see all you guys. Jacob, of course, as well. Out of everyone who was at Bitblock Boom out of this crew. Mickey, were you there? No, unfortunately not. I feel like I'm the only one that was at the event of the people on stage. But if anybody in the audience was at Bitblock Boom and would like to share, you know, their their experiences and how good of a time they had, it'd be great to have you. Personally, it was an amazing, amazing time. I mean, just getting to see everybody and and having like technical conversations with people, meeting all the people that enjoy the shows and people. It was just it was just like one of the best experiences I've had. And it just seems like every time you're going to one of these events, all the people that you met from the previous one, it's great to see them. And then you get to meet new people and they just get better and better every time. So I really could not have had a better experience of Bitblock Boom, but I did miss you guys. That's awesome, Jacob. Thanks for that. And did you happen to hear roughly how many people go to Bitblock Boom? I'm sorry to say I've never been to one. I'm just trying to get a rough sense of the size compared to some other Bitcoin conferences. Lynn's on her way up. I think she'd have a better idea than I would. But I would say it's similar to Pacific, like fifteen to fifteen hundred, like two thousand maybe. It's not the biggest. So it's really like intimate to where, you know, if you do want to talk with people, then, you know, you're going to be able to to do that at one of these conferences like Bitblock Boom. Right. Right. Yeah, I think most people prefer that. And I do see Lynn up. So good morning, Lynn. Would love to get your thoughts on this. From what I hear, most people prefer that smaller setting. Fifteen hundred, two thousand, three hundred, you know, three thousand, something like that rather than twenty five thousand to thirty thousand at some of these other massive conferences. Lynn, good morning. I would love to hear your thoughts. Anything you want to share on Bitblock Boom if you were there? Yeah, good morning. Thanks for inviting me up. I was there and I really had a fantastic time on a number of levels. I mean, I just jumped into the conversation, but I think the comment was made that the size of the conference was smaller, which it was just I mean, it was the perfect size. I mean, I certainly didn't meet everybody there, but, you know, it's great to interact with a lot of people. You see people, you know, you get to meet a lot of people. It's an easy forum to meet people just the way Gary organizes a lot of those social events that are more interactive. But one of the things that I noticed is this is a long standing Bitcoin conference. And I think I'm hearing some comments that a lot of the conferences tend to have the same the same sorts of topics on stage. So you end up hearing things that you really don't hear. I mean, that you really hear pretty much every day on Cafe Bitcoin or on podcasts. And so the content isn't as fresh. But I found the content at Bitblock Boom this year really, really, really mind expanding. Like Bob Burnett's talk, I think in particular, I want to shout that out, was great. Just talking about, you know, block size space and just giving a lot of things to think about. I thought Natalie's talk was fantastic, too. We don't often hear her as a speaker. We hear her as an interviewer. And I really enjoyed her conversation just talking about a media perspective and things that we all can do to kind of contribute to the space.
Overthrowing Education
A highlight from Encore of Episode 2: Jon Cassie: Game-Based Learning
"Hey, it's Batsheva. I've pulled this episode out of the archive vault for you, in case you hadn't heard it before. But if you have already heard it, well, you might want to listen again because this time you'll know all the answers to the 5 -Minute Game Show. And also because there's always something to learn from my wonderful guests. With the exception of adding this intro, I'm bringing you the original episode in its original form, which is also kind of a time capsule. So enjoy. The Arting Institute presents Overthrowing Education with your host, Batsheva Frankel. Today's episode is sponsored by Edu Game -o -rama! My students are so bored. I've tried to pepper my lectures with jokes, funny PowerPoints, and once I even tap danced throughout my class. The students just complained of headaches. I'm not the best tap dancer, as it turns out. What can I do to engage my students more? You need to change your bored students into board game students. What do you mean? Why sounding deep male voice? I mean, it's time to get with the 21st century. It's time for Edu Game -o -rama! Ed? The Guru -Lama? Uh, no. Edu Game -o -rama! It's the quick acting wand that you wave over your lessons and turn them into critical thinking games and student -centered gamified learning activities, guaranteed to engage even the most disaffected student. Is that all it takes? Just a wave of the Edu Game -o -rama wand? Well, that and a lot of creativity and work on your part. I'll do it. I'm saying goodbye to frontal teaching and hello to giving my students a deeper understanding and more engaging experiences. Edu Game -o -rama! Order your wand today! Side effects of Edu Game -o -rama may include complete student engagement and deeper learning. Thank you for joining us here at the Arte Institute for Overthrowing Education, a humorous and helpful podcast for positive change. I'm your host, Batsheva Frankel. In today's episode, Game Changers, I interview games and gamification expert John Cassie. In our conversation, we reveal lots of tips and tools to inspire educators to integrate this engaging pedagogical approach. If you are a student who loves games or just wants a more hands -on and fun way to learn, pass this episode on to your teachers. At the end of my talk with John, I subject him to our five -minute game show, of course. And then, for our segment, In the Trenches, with real teachers and students telling their stories, we have a really special treat. Educator and professional storyteller, Mikayla Bly, tells her hilarious award -winning tale about her gamified curriculum. Give a listen. You won't be sorry. But before we get into all that good stuff, I want to answer a question I've heard quite a bit since starting this podcast. What exactly is the Arte Institute? Because we always start the show with the Arte Institute presents Overthrowing Education. So let me tell you. About seven years ago, I started teaching at this amazing school called Arte Preparatory Academy in Los Angeles. I immediately connected in an educationally philosophical way with the head of Arte Prep, Jim Hahn. We constantly geeked out over the best and most engaging practices, ideas and approaches. And we worked with the faculty to keep making the school better and better. But Jim and I have another broader goal, which is to help all educators, students and parents understand what great education could and should be. And thus, the Arte Institute was founded. To learn more about it and about Arte Preparatory Academy, find links at overthrowingeducation .com. And now here we go. Today on Overthrowing Education, my guest is John Cassie, who I first met after I read his book, Level Up Your Classroom, The Quest to Gamify Your Lessons and Engage Your Students. It was such a great book. So I checked his website, which is, by the way, johncassie .com, and I read his educational philosophy and I immediately knew that we would be friends and that we had to work together. So more on that in a minute. So first, I'm going to tell you about John. He's been a teacher and education leader since 1997 at independent schools in Dallas, Los Angeles, Pittsburgh and in Orange County, the one in California. He is currently director of innovation at TVT Community Day School in Irvine, California. And in his very cool job, he collaborates with teachers and learners to use data to improve instruction and develop curriculum in STEAM, design thinking, digital literacy, maker informed methods and, of course, gamified learning, which is one of the things we're going to talk about today. He's also traveled extensively to speak and consult on curriculum design, program development, game based learning and gamification and education, as well as GLBTQ issues in independent schools. So he's done a lot of really great stuff. John is also the founder of Game Level Learn, which also, by the way, has a great educational podcast. So make sure to give that a listen. And last November, Game Level Learn teamed up with us at the Arte Institute to present the first annual Game Level Learn Con for educators. It was an amazing day of professional development and a lot of fun. So if you want information on Game Level Learn Con 19, check out either gamelevellearn .com or thearteinstitute .org for details. Wow, that was a lot of introduction, but he was well worth it. Hi, John. Hi, Beth. How are you? I'm good. I have so many questions for you and so many things I want to discuss because I love speaking with you about education. Same. And you're so passionate and have so many great experiences. So first, I want to find out how did you get involved in education to begin with? It's the only thing I've ever wanted to do. I've never had any career goals that were not well for about six months. I thought about hotel and travel administration, like doing a business degree, but that's better left for an entirely different podcast. Yeah, things we're glad you didn't do. Yeah, right, right. So I've always wanted to be in education. I thought for the longest time that I'd be in a university setting. But as it became clear that the university setting was really much more about research and less about teaching, that didn't feel quite like the right fit for me as much as being in there, working with teachers, teaching and learning and innovating on teaching and learning practice, which has always been something that's driven me. So I hear that I find the same. And so I'm glad you did take that route led to some great stuff. So let's I want to jump right in and talk about the difference between games and gamification, because I love them both. I use them both. And I think there are many ways to use both in a class, but I think a lot of people don't really understand the difference. So let's talk about that. Yeah, it can be a little tricky when you're getting into this particular method to to fully grasp what's being talked about. Right. A game based learning environment is an environment where you're taking some kind of a game that has been published or designed as a game, which means that it's got a set of rules and there are ways to win. And it's meant to be entertaining and enlightening and a mental challenge and all of that. But it's in the service of playing the game. It's in the service of the game's rule set. There are plenty of games that exist that you could use very productively in a classroom setting, play the game as designed, and you actually could get an executed learning objective out of it. Before you continue, I want you to give a few examples of those. And then after you talk about gamification, I'm going to talk about the third category, which I call deeper learning games, which I'll explain. That's that's my jam. So everybody tell what are some games, like if I'm a history teacher or I'm a science teacher or something, what are some games like out of the box games that might be really cool that you can think of? So just a couple that come to mind. There's a game that was published and I'm talking only in the tabletop space. I'm not talking about video games. There's nothing wrong with video games. They're dynamite. You know what? I'll raise one just to give the example. OK, but I talk more about tabletop because it's a little bit more accessible. Right. I think one example is a game called Codenames. Codenames is a game about vocabulary pattern recognition. So you are giving if you're giving clues, you're looking at a grid of words, five by five. So twenty five words and you've got a little card in front of you that tells you which words of those twenty five. You're responsible for getting your team to guess the team that wins is going to have a clue giver who's able to look at the words and say, OK, well, if I say the word Jupiter three, they're going to pick these three words because they all have some kind of a connection to that word Jupiter. Right. Or, you know, sunshine, too, or whatever. You know, it's like I think sunshine connects to two words. So you're going to tell people that now that's dynamite for vocabulary building, because if you can make analogies and connections between words, not only do you understand the word on its surface level, but you understand it on a more abstract level. Right. So for, you know, all those people doing vocabulary building, anything in your discipline that has vocabulary building within it, you just pull the codenames words and proceed. Right. There's another great game called Machi Koro. That one I haven't heard of. Yeah. Machi Koro is a game about community building. So what you do is you have a little pool of money and you use that pool of money to buy increasingly complex buildings that you use to form a town. And the town, by virtue of what you choose to build, generates revenue based on how other players act and on die rolls that you make and what have. But it's a really nice, easily accessible game to understand how communities are built. That's great. Yeah. A game that I use in my entrepreneurship class called Letters from Whitechapel is a collaborative game where one character plays Jack the Ripper. Right. So it's a it's a high school thing. Right. And everyone else plays police trying to find him. Jack moves around the board using a game mechanic called hidden movement. So the Jack player is writing where he is on a piece of paper behind a screen. The police are investigating across the board, trying to find evidence of where he was. They can make an arrest if they arrest. They declare an arrest action on Space 28. If Jack is in Space 28 when they arrest, the players win. Now, I use that to teach collaboration because the game is so perfect. It's such a pure example of a cooperative, collaborative game that the only way that you can win really is to have effective collaborative team practices. And businesses that have those are more effective than businesses that don't. And learning environments that have those are more effective than ones that don't. And so since collaboration is such a central skill in entrepreneurship and certainly it's certainly important everywhere else. But in entrepreneurship, it's critical. It's a great way right out of the box to teach that skill. So games like those are examples, right? Codenames, great in a middle school setting. Machi Koro, totally playable in upper elementary. Letters from Whitechapel, you want to play it in a high school environment. And, you know, if you go to gamelevellearn .com, I've written about 50 essays looking at the different kinds of game mechanics that exist in games. And giving you the top five, what I think of the top five games in each of those mechanics. So if you wanted to do something that was about collaboration, you could just go to the site, look at the essay on collaboration. Pick one of those games and you'd be good to go. Yeah, I have to say that your website is just full of resources and it's a great thing to check out again. For people that's gamelevellearn .com. That's the games. Yeah, it's game based. That's game based. I want you to talk about gamification, which I also have been using more and more in my classroom. I've done some really cool stuff with my honors English Shakespeare class, history classes. It's great. So tell me about it. Now, gamification is a term used to describe the application of game elements like game mechanics or reward systems or winning or, or, or, where they're not strictly speaking incorporated into a game itself. A classroom gamified uses the procedural tricks that make games fun to play in the service of making learning more engaging, more social, more collaborative or more critically focused, depending on what your objective is. And, you know, in the book and, you know, level up your classroom, I go on at length about different ways to do that. But the idea here is take a game that's fun to play and look at how mechanically the game works. Then strip away the game content, leaving only the game's engine. From there, insert your content into the game's engine and away you go. It's great. And it really does help engage students. And you can use those mechanics to go to deeper places. It isn't about doing the Jeopardy board answer thing. It's about really using the mechanics to move the curriculum forward. That's right. Yeah, it has to be in service of a learning objective, right? This is one of the things that I say and, you know, my co -host on the Game Level Learn podcast, we say all the time, we make two points. One, this is not about the game. It's about the learning objective. The learning objective might be serviced by an environment that is either collaboratively or individually competitive or where the kind of leveling character development concept that you get in some board games and you get in some video games would be useful. Then deploy them because they're going to make the learning better. If they're not going to do that, do something else. And that's I think sometimes folks bogged down there. The second thing we say is, quote, play all the games. Because if you're going to do this effectively, the more games you have yourself played, the more different engines and mechanics you will have encountered. And therefore, you'll be able to say, I see for this learning objective, I really want to bring in a tile building mechanic like in Spring Meadow. OK, I can do that. Or I really need to build sort of these interesting decks of cards for players, player learners, like in the game Dominion. But if you've never played Dominion, you'd never have the idea, which is one of the things that I think sometimes trips people up. They hear game based learning or they hear gamification. They think what we're talking about is a slightly more sophisticated version of Jeopardy or Monopoly or Sorry. Or Chutes and Ladders. Well, you know, if the only poetry you've ever read is a Mother Goose fable, why do you think that you would be able to use it in any kind of meaningful way? No. Read more poetry and you'll be able to do more poetry. You know, if this is something that's of interest to you, but you're not a gamer, go to and go anywhere. There's plenty of game cafes. There are game days and libraries. There are friendly local game stores everywhere, and most of them are full of really keen, friendly people. And if you went up and said, hey, I'm trying to learn some things, anything you can teach me, there's always going to be dozens of people in those places who are like, absolutely. Come on in. Let me teach you this thing. Let me teach you this. Let me teach you this. Right. And, you know, as you learn different kinds of games, you'll know what you want to pick up next or what you want to borrow next or what you want to buy next. And that's how it goes. It's really true. One of the games that's my biggest seller that I created that's called Feed Your Wolves. I was inspired because I saw a lot of the students at my school every morning. I'd come in and they'd be playing these games like Magic the Gathering and games like that that involve interesting cards and die and things that they had to do. And so I was very inspired to create my game sort of based on some it's not like those, but it was definitely inspired by those. And that's the thing. Let yourself be inspired by what you see that your students are interested. What games are they really interested in and let that inspire. I wanted to talk about deeper learning games because that's my as you know, that's my thing. And deeper learning games are games that can be used as assessments. They can be used as part of a project based learning unit. But the idea behind a deeper learning game is that it's really a sophisticated critical thinking type of a game. It's not again, it's not Jeopardy or the whatever version of Candyland. It is, for example, a way to express an idea. So, for instance, in my school, we were doing something about political philosophies. And the students had to create a game that in every way, including the pieces in the way, if it was a board game or whatever the mechanics of the game were, every part of it had to somehow reflect whatever that political philosophy was or the specific topic within that political philosophy that they chose to do. And the playing of that game, when people would come play that game, they could understand what that political philosophy was. Well, you can do that. I've done it on a seventh and eighth grade level. You can do it on a fourth grade level. There's so many ways to adapt that kind of idea once one gets the hang of it. And you can teach your students how to create this kind of deep game where every part of the process is reflecting, like you said, that whatever that big idea is, whatever the learning objectives are, whatever the people who do understanding by design, whatever understanding during is, those are the things that are so meaningful. And then students remember them. I have students come up to me that I had 20 years ago saying, do you remember that game? Blah, blah, blah, blah, blah. Of course I remember that game. They did. So do I. It was great. So those are the things that really kids get so involved in their education. And again, they can be used as a really authentic assessment. It can also be used as a tool for project based learning to actually move your curriculum forward. So great ways to use them. And anybody who wants more details about that can certainly contact me on that one. If you want to come to our Game Level Learn Con 19, then you can certainly learn more about it and we'll have information about that again. So, OK, I know kind of the moment in my teaching early on in my career when I realized how games and gamification could be so effective. Was there a moment or was there something that happened in your career where you were like, oh, my gosh, this is totally the way to go? I mean, I think it's sort of like my sense of wanting to be in this career from the start anyway. It's very much the same from the earliest days of my teaching career. I've always incorporated role playing elements or game elements or different kinds of game mechanics into what I was doing and have continued to do so. You know, ever since, as I become more and more kind of aware of game spaces and what what different games are and what they can do, how they can teach us, et cetera. Yeah, I think it's always been a factor to your point about students coming back and talking to you years after in my very first year of teaching. I played a game with some students called Shape Land, which was about the creation of an industrial class structure and how wealth is distributed in an industrial system unfairly. It concentrates wealth in the hands of people who already had wealth to begin with. And students come back to me, you know, even now, say that was one of the most extraordinary experiences I've ever had playing that game. And, you know, that was more than 20 years ago. So I want to add to the mix of other kinds of games. One of the things I did early on in my career was I used to create these crazy game shows and the students loved them. You know, they all wanted to take turns being the guests and the participants, but they also gave them stuff to do as a studio audience that they had to participate and pay attention. And it was always so much fun. And then the other thing that I did with games is simulations. Sure, sure. They're really moving through space. I mean, there was one where we took over. We didn't take over the school, but we used a lot of the school space in this incredible simulation that was for history class. And it was very moving and really effective. So those are also different kinds of ways that people can use to add games. For sure. Yeah. I did something like that early in early days, a simulation about Salem. And I sort of set up the playing space, which was an external, like a field like Salem town, so that folks knew where they were living in comparison to other people who were accusing or being accused. Wow. Right. Because one scholar, you know, on the Salem hysteria says it really has a lot to do with folks who are part of an in -crowd and in -groups and out -groups. And so that was fascinating.
The Financial Guys
A highlight from Richard Grenells Insights on the Consequences of Exclusion
"We've got to stop asking the people who live, work, go to school and go to church in Washington, D .C., to change themselves. They're never going to reform themselves. They don't want a smaller budget for their city. They don't want their city to be less powerful. Ladies and gentlemen, distinguished guests and my fellow citizens, America's comeback starts right now. All righty, welcome back to the Financial Guys podcast here on the Financial Guys Media Network. Mike Speraza in studio today, fortunate enough to have Ambassador Rich Grinnell on with me. Going to talk a lot of Trump today, the debates, the indictments, the future, the 2024 race. We're going to get right into it. Rich, thank you so much for joining us. All the best. Thanks for having me. I believe I got the opportunity to see you speak at Bedminster. I was there a few months ago when Donald Trump, after the Miami or the Florida indictment, I should say, I was up there at the Trump Bedminster Club. He had a nice rally there. I believe you spoke. Was that correct? I did. You did. Yes. Yes. It was great seeing you there. Great speech and a great event for the president. Thank you. Let's start with him here. So we have indictment number four, Rich, and it's, you know, it's just another day in the neighborhood, it feels like. We're doing this every month at this point. What do you think? Well, let's start with this one. What did you think of that indictment and what do you think of the three prior indictments? Look, I think we're at the point where, you know, 91 charges against the former president makes it pretty obvious. If you're not paying attention, you should. Ninety one charges, all ridiculous, petty little things that that really should not be charged. Certainly, when it comes to the declassification question, unbelievable that they're trying to get him for saying he didn't declassify or took too much. This is this is so petty. But what they're trying to do is send a strong message that the Biden administration consistently has to shut down dissenting views. They're afraid of dissent. It's a form of intolerance. They do not have the best ideas. Their ideas are pretty poor. We've seen the evidence of them. We had, you know, people have a 401K under Joe Biden. You have a 101K. You have literally global peace under Donald Trump. And now you have a war costing Americans one hundred and twenty five billion dollars. You could just go on and on. You look at Afghanistan, you look at the problems in Asia. I don't think that there's a situation, whether it's the border or financial situation, nothing is better under Joe Biden. And so people see this and people see that when a Biden administration has an overreaction to trying to silence anyone who's running against them, use the power of government to shut them down. They're talking about jailing him. I mean, this is what dictators around the world do. I've worked at the State Department for 12 years. And when we see this crap, we usually call it out in other countries. And now Anthony Blinken is leading the charge. It's pretty sad. Well, and at home, too, we have rising crime overdoses at setting records. Right. I mean, we're not doing good abroad and we're not doing good at home. And that's for sure. Rich, do you see more coming here? Do we do we have another indictment or two on the way somewhere? Michigan, maybe another New York, California. Do you see another one coming? I mean, who knows what the left is going to do? I think eventually they're going to wake up and see that they have overreached and that all these indictments are only proving our point that they're manipulating the system and they want to just crush Trump no matter what. And so I think we're well off that mark. The more the merrier, in my estimation, because it only shows just how dictatorial they are and how they'll do anything to stop the guy that's running against them. I mean, again, this is what happens under dictatorships. And now you've got Joe Biden and his administration doing it. So at this point, they're going to do anything that they want because they're unchecked by the media. But I believe that everything they do from here on out backfires. It shows just how manipulative they are.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1379: Bitcoin Will Reach $400,000 Next Halving Epoch
"In today's show, we're going to be discussing Bitcoin analysts eyeing a V -shape Bitcoin price bounce as the RSI hits a five -year low. I'm also going to be sharing with you a new Bitcoin bull cycle metric, which bought them before 70 % gains. We'll also be discussing mysterious Bitcoin wallet becomes the third largest Bitcoin hodler in under three months, now at over $3 billion. We'll also be discussing the trader who nailed the 2018 Bitcoin price floor predicts the bear market bottom for crypto. I'll be breaking down his outlook. We'll also be discussing Guggenheim predicts a $400 ,000 Bitcoin price prediction, as well as Blockware. They share that the Bitcoin price can reach $400 ,000 during the next halving epoch. I'll be breaking this down for 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. Just joining us. This is podcast episode number thirteen hundred and seventy nine. I'm your host, JV. And today is August twenty second, twenty twenty three. And naturally, we have lots to cover. Unfortunately, the market is continuing on its downward spiral. We just broke that twenty six K resistance, as you can see here. And our market watch, we've got Bitcoin currently hovering just above twenty five thousand eight hundred dollars. We have Ether barely holding on to sixteen hundred. So the million dollar question becomes, how low will she go? And checking out CoinMarketCap .com, the crypto market cap barely holding on to that trillion dollar milestone, with about twenty eight billion in volume. In the past twenty four hours, we have the Bitcoin dominance at forty eight point four percent and the Ether dominance at eighteen point nine percent. And checking out the top one hundred crypto gainers for the past week, virtually nothing, and maybe just a handful, just a sea of losses, very unfortunate for the entire crypto market and checking out the crypto greed and fear index. Of course, we're still in fear today, rated to seventy eight. Last week was a fifty three neutral and last month a fifty four neutral as well. So there you have it. I mean, I've been taking advantage of this recent dip. I mean, sub twenty six thousand dollar Bitcoin seems like a bargain. If you're to ask me, let me know in that live chat. And now let's break down today's Bitcoin technical analysis and check out the charts and what is happening right now in the markets. Bitcoin stayed stubbornly anti trend today, August twenty second, as twenty six thousand became a magnet for the intraday Bitcoin price action. And again, we're just currently dropping right below it. And regarding the RSI readings, here's what someone had to share. At this stage, it feels like a game of chicken to see who is going to make the move to break the chop, according to material indicators. Now analyzing liquidity on the Binance order book, he also notes that a broad lack of liquidity, increasing the potential for a sharp move in either direction. Quitting the analysts here, the market is waiting to see if more bid or more ask liquidity is going to be attracted to the range. So far, we're seeing small amounts of bid liquidity ladder up from twenty thousand closer to the active trading zone, but no liquidity of any size new or moved has been stacked into the range, defending the price from the lower low. The implications were nonetheless potentially very serious for the bulls with the lower low apt to risk even a twenty thousand support going forward. Quitting the analysts again, needless to say, printing a lower low on this time frame has macro implications. Printing two lower lows would push the Bitcoin price to sub twenty thousand dollar levels. So a great question. How many of you are anticipating the Bitcoin price action dropping below twenty thousand? Let me know. Now zooming out, hope remain that Bitcoin can rescue its overall uptrend. So it's not all doom and gloom. In a dedicated video, we had crypto analyst Mikal van de Poppe shared that on the twelve hour time frames, the RSI measured less than nineteen at the time of writing near its lowest level since the twenty eighteen bear market bottom. Daily levels were similar, reaching their lowest since the March twenty twenty no vid crossmarket crash, quitting him here. Every time we see such a move, you get a sort of V shape recovery back up and it finds equilibrium on the higher floor. And he also added it was very likely that Bitcoin can stage a comeback to focus on twenty six five or more next as the outlines here in this chart. He also shared that the current Bitcoin price action reminds me of September twenty twenty absorption and slowly grind higher here for a while. And I can see this play out similarly. So there you have it. What are your thoughts? Do you feel we're likely to continue downwards, potentially sub twenty thousand or even touch in as low as twenty thousand? Or do you feel we're likely to continue climbing back up as the analysts on the ladder shared? Let me know your honest thoughts in the comments. Right down below. Now let's discuss a new bull cycle amongst us right now. Shall we check this out? The Bitcoin metric that nailed the pit of the twenty twenty two bear market says this uptrend is still intact. Let's go and a new post. The creator of on chain analytics platform looking to Bitcoin shared some good news in the form of Bitcoin's realized cap huddle waves metric. Let's go. While last week's 10 percent Bitcoin price dip has up ended some of the on chain landscape, the our huddle is one of the metrics taking the longer term view of what remains a timely bull market. This metric takes existing huddle waves data, which groups the Bitcoin supply when each coin or specifically the unspent transaction outputs last moved and waits it by the realized price. An example of the price at which it last move, quoting them here, peaks in younger age bands, highlights the periods where they have a proportionally higher realized value waiting relative to the older realized value age band, said Philip Swift. And he also shares this is important to note, as it indicates that the market is prepared to pay higher values for Bitcoin today and in recent times versus historical norms. This can be a good indicator that the market is becoming overheated. What are your thoughts now? Currently, the bands of coins that last moved three to six months ago are rising, a phenomenon coming to the start of the Bitcoin's previous bull markets. And on the topic of the August drawdown on Bitcoin Swift thus concluded that the recent price dip is the context of a much bigger bull trend, quoting him again here, three to six months band trending up as new money comes back into the market equals new bull cycle. Let's go. Now, our huddle has an impressive record when it comes to Bitcoin price phases. Back in December of last year, when Bitcoin was circling its two year lows of 15 six, which is the current market bottom, Swift used this metric to call the end of the euphoria among Bitcoin's speculative investor cohort, which he labels Taurus. He stated that that time that the market is likely now at these cycle lows, which means maximum risk reward opportunity, which I discussed in great detail yesterday. I said there's way more reward than risk currently in the market. And beginning in January of this year, Bitcoin began a new uptrend that delivered 70 percent gains just in quarter one. And since then, investor composition has changed with the short term huddler entities holding Bitcoin for one hundred and fifty five days or less, reducing their overall exposure to their lowest since November of twenty twenty one. And the latest dip nonetheless increased pressure on those remaining speculators, but almost 90 percent of the short term huddler coins now held at an unrealized loss. But I also like to point out that also the smart money, which are the whales, are continuing to accumulate. So even though the short term investors are the paper hands selling their Bitcoin potentially to BlackRock or MicroStrategy, whatever big corporate interests out there, the smart money is continuing to huddle. And as you know, we like to follow the smart money with that being shared, fam. Now let's discuss this new wallet, which came out of nowhere and has now accrued over three billion dollars worth of Bitcoin in less than three months. Who do you think owns this wallet? Well, let's look into it and discuss it, shall we? A mysterious Bitcoin wallet has surged up the ranks to become the third largest huddler of Bitcoin in the world in just over three months, with the timing sparking some wild theories about its owner. According to data from crypto statistics platform Bitinfo Charts, the wallet address first received Bitcoin on March 8th, and over the course of the next three months and two weeks, the wallet had accrued a staggering one hundred and eighteen thousand BTC worth over a billion dollars at today's current prices. Now, the rapid and significant accrual of Bitcoin within a single wallet addresses has attracted its fair share of conjecture naturally on X. Some users suggest it's most likely a crypto exchange moving their funds, while some more radical members have posted and more wild theories suggesting that Black Rock is the prime suspect. As shared here, this unknown address has accumulated over three billion dollars worth of Bitcoin in the last three months. The prime suspect, my first major transaction, which was thirty four hundred Bitcoin, occurred on May 16th, 2023, almost exactly one month later, on June 15th, when Black Rock filed for spot Bitcoin ETF. Now, very interesting, right? Now, the current largest Bitcoin wallets in the world, according to Bitinfo Charts, are reportedly owned by Binance and Bitfinex and are Bitcoin cold storage wallets. The unknown Bitcoin wallet comes in third place and is then followed by another Binance cold wallet in fourth place. Now, Black Rock made waves in the crypto market, as we know, June 15th, filing an application for the spot Bitcoin ETF product that, if accepted by the SEC, will be the first of its kind in the United States and completely change the game. Black Rock's applications sparked a wave of filings for similar spot products from a horde of other Wall Street heavyweights, including Fidelity, Invesco, Wisdom Tree and Valkyrie. The prospect of a spot Bitcoin ETF whipped crypto analysts into a frenzy, sharing their bullish predictions for the price of Bitcoin with Fundstrat's head of research, Tom Lee, suggesting that Bitcoin can reach a price of one hundred and fifty to one hundred and eighty thousand dollars per coin following the halving event scheduled to be in April 2024, which is now officially less than nine months out. What are your thoughts, though, fam? Let me know in the comments. And at the end of the show, I'll be reading everyone's comments out loud. Now let's discuss before we get into very bullish price targets, including this four hundred thousand dollar prediction, which is the main topic for the day. First, let's discuss where's the Bitcoin price likely to bottom out, according to this top analyst. Let's discuss it. The trader who accurately called Bitcoin's twenty eighteen bear market bottom is forecasting how the entire crypto market can carve a price floor for this cycle. Synonymous analyst Bluntz, what a username, love it, shared on social media X that he closely is looking at the total market cap of crypto, which is the total chart. Bluntz says he sees the total chart losing about 15 percent of its value before crypto assets can witness a significant bounce, quitting him here, looking at total paints, the clearest picture of them all and far more than looking at either ETH or BTC on their own based off the total chart. I do believe the June lows still need to be swept before calling bottoms, but it will probably be the last good buying opportunity of the next few years. So seize the moment, fam. And as you can see in this total crypto market chart, you can see we're currently sitting at just barely above one trillion. He sees us dropping before rising to one point four trillion dollars. So it appears that he expects the total market cap of all crypto to plummet to roughly eight hundred and eighty billion, wiping out one hundred and twenty billion off the current market. The analyst is a popular practitioner of the Elliott Wave theory, which we commonly cover here, an advanced technical analysis approach that attempts to predict the future price action by following crowd psychology that tends to manifest in waves. Bluntz says that his prediction is based on a model that outlines an asset's potential correction after a steep rally based, quoting him here, based off simple Elliott Wave model, viewing the rise from the lows as an impulsive move and our corrective wave from the highs being around 70 to 80 percent complete. Now, let me know if you agree or disagree with the crypto analyst. Do you think the crypto market cap needs to shed another one hundred and twenty billion before we rise back on up? Let me know your honest thoughts in the comments right down below. Now let's discuss Guggenheim's seven I'm sorry, four hundred thousand dollar price prediction. Scott Minard, who is their CIO. He originally made this prediction, I believe towards the end of twenty twenty one. Now, unfortunately, he has had a heart attack and he passed, so he's no longer with us. He literally died in December of last year. But nonetheless, he still made this prediction. So we're going to cover it and then we're going to discover the outline metrics from Blockware and their four hundred thousand prediction for the height of this cycle for the next halving reaching the epoch, which is also interesting because they're also suggesting a four hundred thousand dollar price action per coin. Then we'll dive into our live Q &A. So here we go. This was again, this article was dated, as you can see here, January 18th, twenty twenty one. So this is roughly just over two years ago. And at that time, Bitcoin was trading just above forty one thousand dollars. So here's the prediction coming from Scott Minard, from Guggenheim, a large, large asset manager. I think one thing that we are seeing is the sudden interest in retail. We are moving into a speculative frenzy and perhaps it's time to take some money off the table. Now, the debate around Minard's two opposite comments for Bitcoin sparked curiosity amongst the crypto community when he said time to take money off the table. And he also added on this tweet, it was before it became X, it was right Twitter. So he shared Bitcoin's parabolic rise is unsustainable in the near term, vulnerable to a setback. The target technical upside of thirty five thousand has been exceeded time to take some money off the table. And just at that time when he made that tweet, Bitcoin entered a strong correction. And over that time, Bitcoin tested support at thirty thousand twice before resuming back northwards and also talking about the positive side, back to the four hundred thousand price prediction. The Guggenheim CIO said that Bitcoin is becoming a favorable asset class slowly. That's right. And still remains positive on the Bitcoin price action for the long term, quitting him here. The other side of that is demonstrating that crypto is becoming much more mainstream. The four hundred thousand dollar price I talked about was based off the supply of gold in the world and crypto in a lot of ways is more attractive than gold. Let me know if you agree or disagree. I absolutely agree that Bitcoin is way more attractive than gold and comparing it to the yellow metal market. Minard said that Bitcoin comes with additional benefits like portability and ease of transactions. And note that Guggenheim Partners is already seeking five hundred million dollars worth of exposure to Bitcoin via the Grayscale Bitcoin Trust, which is the GBTC product, the largest HODLer Bitcoin in the world. They currently control over four hundred thousand BTC. So this will be a 10 percent exposure to Bitcoin from five billion Guggenheim's macro opportunities fund. The investment giant's proposed SEC filing shall become effective January 31st. And when asked Minard of if any of their funds have been allocated into Bitcoin, Minard hinted that they are still waiting for the SEC to approve their proposal. He added that if client demand picks up, they would possibly consider some allocations. And he also revealed that some small private Guggenheim funds have done some allocations, quoting him again, and some of our private funds, we have already purchased it. I recommended it to somebody. So if you believe what I said, that it'll go to four hundred thousand dollars per coin eventually, then two percent of your portfolio will be 20 percent before this is all over. So there you have it. Let me know if you agree or disagree with Scott Minard. And again, rest in peace. The dude had a heart attack at the end of last year and is no longer with us. And with that being shared now for our main story of the day, and that's the block where outline prediction of a four hundred thousand dollar Bitcoin price, along with the math to back it up. Now, this is pretty awesome. And again, shout out to everyone today in our live chat. I appreciate everyone's support. Shout out to Blockware Solutions as they shared on X how Bitcoin can reach four hundred thousand dollars per coin during the next halving epoch brought to you by Blockware Intelligence. Here we go. Twenty twenty four halving analysis, understanding the market cycles and opportunities created by the halving. Unlike other commodities, Bitcoin has a predetermined algorithmic supply schedule, which cannot be changed. There are multiple factors contributing to the cyclical nature of Bitcoin's price, including network adoption and the macroeconomic environment. But the most impactful is the mining subsidy halving. Yeah, that's right. Bitcoin's market cycles are unique due to its fully transparent block chain, providing market participants with more granular information than any other asset class. And moreover, the predictable supply schedule further impacts the psychology of market participants and example demand. So number one, halving's reduce the sell pressure. Miners are the primary force of sell pressure on the price of Bitcoin they receive, although the newly issued Bitcoin and the majority of which they must sell in order to fund operating expenses for their mining operations, the weakest miners on the network are eliminated and sell pressure is significantly reduced. The price of Bitcoin begins drifting up and a new wave of adoption then begins and assuming a thirty five thousand price action after the halving, the U .S. dollar value of Bitcoin mined per year can drop from eleven and a half billion to five point seven billion dollars. That is one hundred and sixty four thousand two hundred and fifty Bitcoin less mined every year, more than MicroStrategy's entire Bitcoin treasury. Now, after the inefficient miners capitulate, the profit margin increases for surviving miners, which further reduces the sell pressure. So based on the post capitulation hashrate estimate, this would result in a two point three billion dollar reduction in annual sell pressure from the miners. Now, number two, halving brings new demand with supply being diminished. Demand is the only remaining variable determining the market price of BTC. Many market participants understand the supply side dynamics at play due to the halvings. Historically, this has led to a surge in demand in the months following each halving, as evidenced by on chain data. We'll be checking out these charts in a little bit and do the positive sentiment market participants prepare to deploy capital at the first sign of upward momentum. Now decreased supply plus increased demand equals strong positive signal for the price appreciation. Number three, the halvings cannot be priced in. Despite their predictable nature, halvings cannot be fully priced in before they occur. A higher price today would result in more miners coming online, introducing additional sell pressure and limiting the price appreciation. And moreover, the weakest miners, those with old generation machines and or high operating costs, are the first to unplug post halving. The elimination of these miners significantly reduces the sell pressure as they were selling most of their Bitcoin to fund their operations. Lastly, there are some market participants that believe halvings are bad for the security of the Bitcoin network as the diminishing block subsidy reduces the amount of miners making Bitcoin more vulnerable to an attack. And when halving successfully occur, these doubters are proved wrong and positive sentiment increases. Now, number four, Bitcoin cycle volatility and historical performance. Bitcoin's extreme volatility is a side effect of its halving shocks and rapid global adoption, resulting in four distinct stages within each halving cycle. Stage one, the halving, stage two, the bull market, stage three, the bear market and then stage four, recovery. And while Bitcoin is often criticized for its extreme volatility on a long enough time horizon, its volatility is solely to the upside. Keep that in mind. Now, nobody who has ever bought Bitcoin and held it for more than five years is down on their purchase. That's worth repeating. Nobody who has ever bought Bitcoin and held it for more than five years is down on their purchase. So in a long term, how long is that? Holla in the live chat. And for each epoch, the price of Bitcoin has increased by the following amounts from the halving to the next bull market top from 2009 to 2011. We had a 584 X increase in price action from 2012 to 2015, 92 X from 2016 to 2019, 30 X and from 2020 to 2024, 7 .7 X. And now number five, diminishing returns may not be the case going forward. Some question the bullishness of these halvings as the stock of existing Bitcoin grows relative to the amount of new bitcoins being mine. This is a common perspective, but it may be incorrect. Less than 10 percent of the existing Bitcoin have moved in the last month. A large majority of Bitcoin is held by users unwilling to sell at today's price. Now, the small amount of bitcoins that is moving and being traded is what determines today's price. There is a baseline of demand and from Bitcoin are saving for the future. The reduction in sell pressure becomes more pronounced, each halving after Bitcoin more than doubles in price. This indicates that halving induced reductions in sell pressure could become more extreme and potentially lead to larger bull runs in the future. Now, 2024 will be the first halving where the supply of Bitcoin available for trade decreased since the previous halving. And during spring of 2020, the percentage of the outstanding Bitcoin available for trade was at an all time high, indicating the Bitcoin was over becoming more abundant. However, this trend had reversed over the last three and a half years. And as the new bull market begins, there will be less Bitcoin available than the previous cycles. The first halving this has ever occurred. And assuming the price of thirty five thousand at the date of the halving, a four hundred thousand dollar cycle top would break the trend of diminishing returns, which is a reasonable expectation due to the two billion having supply shock and increasing scarcity, a liquid BTC supply on the exchanges. Now, number six, juxtaposition with gold. Gold is an asset similar to Bitcoin and that they are both non -sovereign stores of value. However, when juxtaposed, Bitcoin poses far more desirable attributes. Facts. Number one, Bitcoin is absolutely scarce, while gold is only relatively scarce. That's true because with gold, you can continue mining a new supply, adding to the overall supply each and every year with Bitcoin. There could never be more than twenty one million Bitcoin. And number two, Bitcoin is more portable, divisible, fungible and is less vulnerable to rehypothecation by centralized custodians. Facts. So after the 2024 halving, the inflation rate of Bitcoin will fall under one percent, which is less than half that of gold. Now, four hundred thousand dollars per Bitcoin would put the market cap of Bitcoin just beneath the parity with gold. Let's go. Can't wait for a twelve trillion market cap for the king crypto personally. Now, given the bullish catalysts induced by the halving, we believe this is a fair estimate for the top of the coming Bitcoin cycle. Now let's take a look at some of these charts, which they shared. This first one shows you the Bitcoin price issuance with the 90 day moving 90 day change issuance. And you can see, you know, the different metrics here in the different colors. And then let's go to their next chart here. It shows you entities net growth with a 30 day moving average. You can see the surge in demand and just continuing to move on up like clockwork. And then in this final chart here, we can see the Bitcoin price all time highs for each cycle, which is separated, which you can see here. Yes. So, I mean, if history doesn't repeat, oftentimes it shall rhyme. So I cannot wait. And I'd personally love to see a four hundred thousand dollar price action. And this shows you the hash rate, which just continues to climb, reaching all time highs, making the Bitcoin network more secure than it's ever been before. And they also shared an interesting update, which I might as well read that as well right here. Part two. Let's read a touch of this and then we'll dive into our live Q &A. What machine and electricity rate will Bitcoin miners need to survive this twenty twenty four halving? Check it out. There are three distinct phases in the time before, during and after the twenty twenty four Bitcoin halving. We've got number one, the pre halving, number two, the post halving and number three, post capitulation. Number one, the pre halving before the twenty twenty four halving, all miners will be operating at a profit but are likely selling at least enough Bitcoin to cover their operation expenses. Miners with the most efficient machines and the lowest energy rates have the lowest Bitcoin breakeven prices. And the miners with higher breakeven prices are either unprofitable or forced to sell at a higher percentage of the Bitcoin that they mine in order to cover their operating expenses. And also it includes what's minor and Avalon equivalents, which are size adjusted for the percentage of the total network hash rate. Now let's discuss the post halving after the twenty twenty four halving. Many miners will become unprofitable since miners have already made significant capital expenditures for mining Bitcoin infrastructure and are locked into energy contracts. They are unlikely to turn off immediately. So instead, they will try to continue operating for as long as possible, hoping the Bitcoin increases enough to make them profitable again. Now, unless Bitcoin price appreciates quickly, the extreme margin compression will begin to force inefficient miners offline. And number three, the post capitulation following the capitulation of inefficient miners difficulty will adjust down, lowering the breakeven prices for surviving miners who will become even more profitable. So there you have it. I mean, shout out again to Blockware. Awesome analysis on their outline of the Bitcoin price going to four hundred thousand dollars per coin at the epoch of the next halving, which again is right around the corner next year. Let me know if you agree or disagree in the comments right down below. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1375: MAX KEISER: Bitcoin Will Rocket to $3,000,000
"Holla at your boy. Lots to cover as the crypto bloodbath continues in today's show. I'll be breaking down the latest technical analysis, as literally there was a billion dollars worth of liquidations. We'll also be discussing SpaceX Bitcoin right down, sparks a massive confusion. The question is, did Elon and SpaceX really dump three hundred and seventy three million worth of Bitcoin, or is it nothing more than FUD? We'll also be discussing U .S. Congressman issues a warning on CBDC says they pose an existential threat to Western civilization. We'll also be discussing tornado cash loses its lawsuit against the U .S. government. I'll be breaking down this report, as well as breaking news. The judge grants the SEC request to file a motion for the appeal with the Ripple XRP case. And Max Kaiser, our fearless leader, quoting him here, Bitcoin has already and will continue to outperform everything else so spectacularly by one hundred X or more that anyone holding fiat stocks, bonds, gold and all the coins, property, etc., will literally be impoverished. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my rumble channel at CryptonewsAlerts .net. Again, that's CryptonewsAlerts .net. And welcome y 'all just joining us. Now let's dive into our market watch and check out this insanity of this bloodbath currently going on in the Bitcoin market. You should be able to see on your screen. Let me know in the chat. Bitcoin's currently just holding on to twenty six thousand one hundred by a thread. We've already touched in the twenty five thousand range. We're still down six percent for the day. Ether down four percent, trading at sixteen hundred dollars. And some of the biggest losers naturally is some of these alts. XRP down thirteen percent, barely holding on to fifty cents. We have Solana down seven percent, trading at twenty one bucks and also XLM and Litecoin are in the blood red. And checking out CoinMarketCap .com, the current crypto market cap sits at one point zero five trillion dollars, but about seventy billion in volume in the past twenty four hours. So the volume is up roughly fifty eight percent. We've got the Bitcoin dominance at forty eight point three percent, with the ether dominance at nineteen percent even. And checking out the SOT 100 crypto gainers in the past twenty four hours, probably not much, just what you see here. We have AKT, which I have never heard of, up thirty three percent, trading at a dollar thirty nine, followed by Injective up seven percent, trading at seven dollars and seventy eight cents, followed by Tether Gold, which I have never heard of, barely in the green, trading just under nineteen hundred dollars. And virtually the entire crypto market is bleeding in in the red with the biggest losers, including Conflux, Litecoin and XRP for the past twenty four hours. And if you check out the top losers for the past week, yikes. I mean, we're talking about anywhere from ten to twenty, even as high as thirty percent losses, not looking good right now for the alts. And checking out the crypto greed and fear index, we're currently rated to thirty seven, finally back in fear. We have been stuck in neutral and greed for the bulk of the year. We're finally back in fear. Yesterday was a fifty neutral, last week a fifty one and last month also a fifty in neutral. Now, welcome to everyone just joining us. Someone earlier asked in the chat and they're like, yo, smash that down arrow button, dislike this video because he's sharing predictions of millions of dollars. Meanwhile, there's a bloodbath in the market. And I responded like I'm not losing any sleep over this dump. All I do is continue to stack sats and I sleep like a baby. Why is that? Because I'm not an ish coiner. I have the most pristine cryptocurrency, decentralized, incorruptible, unconfiscatable crypto, and the only one that there is and that is Bitcoin. So why everyone else is crying and panicking? I'm stacking sats. I just spent an entire day at the pool with my daughter having a grand old time. I'm not sweating it whatsoever. And I think if you're a Bitcoiner, you feel the same way because one Bitcoin is still equivalent to what? One Bitcoin. Who cares? The fiat crap, you know, value equivalent. It's irrelevant. One Bitcoin will always be equivalent to one Bitcoin. And with that being shared, let's dive into today's Bitcoin technical analysis and check out some of these blood charts we're witnessing right now. Bitcoin stayed near two month lows at the August 18th Wall Street open as the markets came to terms with extreme liquidations, which we can see here not looking so great. And data from Cointelegraph and TradingView showed Bitcoin price action tracking sideways after a single day candle spawned an 8 % loss. Bitcoin saw a cascade of liquidations across the derivative markets, which is used as a financial weapon of mass destruction, with these accounting for an outsized majority amid the relatively lack spot selling. Quoting QCP Capital, In Deribbit, it is likely that a large account got wiped considering the immense short liquidation that occurred together. And as you can see here, shorts are getting wrecked. I mean, so many positions are getting wrecked, obviously. Now, QCP, like others noted that the market reaction to the alleged trigger are right down to SpaceX's $373 million on their Bitcoin holdings, which appeared to be exaggerated. And in our next story, we're going to be diving deeper into this. And is it just all FUD or is there any truth to this story? Now, the total liquidations challenge those seen in the immediate aftermath of the FTX exchange meltdown, the event which resulted in Bitcoin dip into two year lows and the current low of the cycle, which is $15 ,600 back in November of 2022. Quoting the Kibisi letter, This feels like yet another sign of drying liquidity markets have seen over the last few weeks. And for popular trader Rec Capital, here's what he had to share. Bitcoin formed its higher high at $31 ,000 on inclining volume, but the price formed the second half of its double top on the declining volume. And an accompanying chart showed trading volume on the daily timeframes, as Rec Capital warned that capitulation had likely not yet matched the previous selloffs. Quoting him again, Though there was a small breakout in the seller volume on this crash, it is still nowhere near the seller exhaustion volume levels of the previous Bitcoin reversals in which he explained. In fact, current seller volume would need to probably double to reach those seller exhaustion volume levels that prompted the price reversals in early and late March, as well as mid -June. Meanwhile, others were more optimistic as pointing out to the RSI. Every cycle, including the weekly Bitcoin RSI experiences, a fakeout of the bull market start line comes lasting longer than others, and every one of them makes a revisit to the 0 .382 Fibonacci retrace of the move. And with the latest drop, both of those things are now complete. And also QCP points out, We believe that a low now rests on Powell's speech at Jackson Hill next week. And so there you have it. How low do you think the Bitcoin price action is likely to go during this dump? Let me know your honest thoughts in the comments right down below, which leads us to our next story of the day. Let's discuss everything SpaceX and the FUD circulating in the markets right now. What exactly is causing this mass liquidation of over a billion dollars of positions to be liquidated just like that? Let's break it down and let me know your thoughts also in the comments. SpaceX's Bitcoin write down report on August 18th sparked mass confusion within the crypto community. The report published in the Wall Street Journal puzzled many. Keep in mind, that's the mainstream who questioned whether SpaceX held 373 million bucks worth of Bitcoin and sold it in 2021 and 2022, or whether they only reduced their Bitcoin exposure by the same amount. Several social media outlets reported that SpaceX had sold this entire Bitcoin holdings. Maybe that's what crashed the market, while others expressed uncertainty, claiming they were unable to confirm the amount based on the wording of the report. As pointed out here, I actually read the Wall Street Journal report, and I think Bitcoin magazine is wrong. Yes, the report claims that SpaceX marked down the value of the Bitcoin by 373 million, but that doesn't mean they sold 373 million and sold some, but selling some doesn't necessarily mean they have no Bitcoin left. And I think they make a great point. Then Elon Musk, well, he revealed this in 2021 that SpaceX was holding Bitcoin as does Tesla on his balance sheet. And while Tesla's Bitcoin holdings were made public, there were no estimations around the SpaceX Bitcoin holdings, which have been key to the ongoing confusion. Tesla once held 1 .5 billion worth of BTC purchased during the bull market, but revealed it has sold 72 % of his holdings in quarter two of 2022. The SpaceX write -off claims were also believed to be one of the key catalysts behind the 2000 Bitcoin price drop, although several others denied that being the cause. Musk hasn't addressed the issue as of yet, but the market FUD made him target of Bitcoin proponents who questioned his strategy of buying high and selling low, while a few others called it market FUD. What are your thoughts? Do you think this is nothing more than mainstream FUD published by the Wall Street Journal specifically to tank the markets? Very interesting thought, right? One Reddit user wrote that Musk is running out of cash across all of his companies, suggesting that Musk might sell all of his Bitcoin and doge within the next six months. And users on X also called out Musk for his paper hands, which we commonly make fun of him for quoting them here. Musk appears to be going to toe to toe against Bitcoin and his ex empire. I wish him well, although I don't think this is wise. That's coming from Dr. Jeff Ross. While the dilemma around SpaceX Bitcoin holdings continues, Bitcoin proponents advocated traders to huddle Bitcoin and not fall for the market FUD. I think that's a great point. As pointed out here, SpaceX didn't sell his Bitcoin and neither did Elon Musk. Now sit back, relax, and just some intelligent guys getting $700 million in longs. Don't leverage, be patient, and just huddle. Sage advice, as we all know, huddle be thy name. And when in doubt, try to relax. Get your mind off of the price action. Like I said earlier, I spent the entire day in the pool, soaking up those sun rays here in Puerto Rico, and I'm not losing any sleep over these dumps. I just will continue stacking sats and counting my blessings because I'm a Bitcoiner and not an ishcoiner. And again, the ishcoins are the ones that get wrecked when Bitcoin drops 8%. Some of these altcoins will drop 10, 20, maybe as high as 30%. So that's the wreckage, you know, comes with the territory, no risk, no reward. Obviously, altcoins are very risky, but hence, when they pump, they could be very rewarding at the same time. So you got to find an equilibrium, right? Anyways, now let's discuss the existential threat, says Congressman regarding central bank digital currencies, better known as CBDCs. Let's break this baby down. And again, welcome to everyone just joining. Make some noise in live chat. Let me know where you're tuning in from. This is a very good warning coming from US Congressman Warren Davidson, warning that the central bank digital currencies, better known as CBDCs, can result in a dystopian future. Facts. The Ohio Republican tells his 80 ,000 ex -followers he believes that CBDCs could transform money into a powerful means of governmental control and plans to introduce legislation to criminalize the development of these types of assets. So everyone, please show this Congressman Warren Davidson some love, because I don't know many other congressmen coming out sharing that. And we all know this is fact because we're bitcoiners, quitting him here to make the point crystal clear. I am working on legislation to criminalize designing, building, testing, developing, or establishing a central bank digital currency. CBDC poses an existential threat to Western civilization by corrupting money into a tool for coercion and control. Now, sound money serves as a stable store of value and an efficient means of exchange. Now, Davidson also says he wants to prohibit CBDCs because they threaten other digital assets such as bitcoin and pitting the development of beneficial financial technology, quitting him again. Central bank digital currency poses a serious threat of all digital assets. As I said at a flyover fintech, many people wrongfully conflate even bitcoin with a CBDC. I'd say the average individual knows no difference because they're completely ignorant to cryptocurrency. But if you watch the show, you already know CBDCs are pure evil programmable government money and bitcoin is the antidote. Now, at least most agree that CBDC is evil, the financial equivalent of the Death Star. No, that's true. Now, don't become an accomplice to anyone designing, building, testing, developing, or establishing CBDC. Banning CBDC is essential to America's fintech future. Davidson calls out several entities currently working on CBDCs, including Ripple Labs. That's right. Tokenized assets are not the problem, it's the people. Entities, including the Fed, Ripple, and Consensus and influencers are actively working on CBDC projects. So it's no secret. The congressman says the CBDCs are the complete opposite of decentralized finance and vows to prevent their adoption, quoting him again. Current CBDC versions are centrally managed permission database dependent on digital ID. This is the opposite of DeFi, where the entire computing architecture is designed to protect privacy and enable permissionless peer -to -peer transactions. 100 plus countries are studying, developing, or implementing the same creepy surveillance state technology as China. So there you have it. You have been warned. I warn you virtually every single day on the show to stay away from CBDCs, as Bitcoin is the antidote, and we don't trust the government, and we don't trust their fiat money. Why would we trust their digital version of government fiat money? It would make no sense whatsoever. But anyways, fam, now let's discuss the conclusion regarding the tornado cash lawsuit. Unfortunately for the community, the government won. Then we'll discuss the latest with the Ripple XRP appeal, followed by the latest predictions from Max Keiser, suggesting Bitcoin will continue to outpace every other asset and climb another 100x from the current price, virtually predicting a $3 million Bitcoin price action. And then we'll dive into our live Q &A. So yeah, let's discuss tornado cash. And how many of you have ever used it before? Do let me know. Tornado cash is the most well -known crypto mixing service sanctioned by the US Office of Foreign Asset Control last August. The decision was a result of a long -lasting spat between the regulator and the crypto mixer dating back to at least 2018, when two persons of special interest in the US government were found to be using its services. Now, although crypto mixers do indeed appeal to cyber criminals, their main purpose is to grant extra privacy to those who want it. In order for a crypto mixer to work as intended, the number of beginning users must be much higher than the amount of bad actors using it, with no sizable amounts of assets to mix. The operation falls flat. Now, is this with the distinction in mind that Coinbase supported tornado cash's appeal against the sanctions? Well, as pointed out here, the rights are rarely secured on a path that is always up, and we will continue to believe plaintiff's challenge to OFAC's tornado cash action is right. We have always known that the Fifth Circuit Review is required to resolve these issues. So this is ultimately Coinbase pushing back and saying, hey, this isn't right. The government shouldn't be allowed to do this. Now, also keep in mind that according to the court documents, Torquato Cash's argument focused on its definition as a decentralized open source software project made of smart contracts on the Ethereum blockchain. However, the minting of torn tokens administrated by the tornado cash DAO led the government to believe otherwise. And although DAO is a technically autonomous, the court argued that whoever holds the most funds has the most voting power and therefore re -centralizing decisions in a roundabout way. The case was presided by Judge Pittman of the U .S. District Court for the Western District of Texas, and motivating his decision to turn down the lawsuit, Judge Pittman stated, in the eyes of the U .S. government, tornado cash is indeed an entity with a property interest, and therefore the OFAC sanctions of the crypto mixer do not qualify as governmental overreach. Quoting them here, this case is about tornado cash, but the parties disagree on how to characterize tornado cash. Plaintiffs argue that the designation of tornado cash exceeds the department's statutory authority over foreign nationals' interests in property and violates the free speech clause. The government, on the other hand, argues that tornado cash is an entity that may be designated and that it has a property interest in smart contracts. So unless further arguments are brought forth, tornado cash will remain on the OFAC's specially designated national list, which prevents the entity from doing business with the banking sector and a wide range of businesses. So there you have it. What are your thoughts on this? Do you think this is unlawful and overreach of the government bodies in the SEC? Let me know your honest thoughts in the comments right down below. Now let's discuss the latest with the Ripple lawsuit versus the SEC. As many of you know, Ripple Labs did get a slight victory, and it was determined by Judge Torres that XRP was not being sold as an unregistered security, as the SEC deemed. And so, however, Gary Gensler is not accepting that the SEC is not accepting the verdict from the judge and is ultimately going to be appealing this decision. So let's now break this one down, shall we? Yeah, very interesting indeed. Check it out. Judge Torres has granted a request from the US SEC to file a motion for leave to file for the interlocutory appeal in the case against Ripple Labs. The security regulator sent a letter to Torres August 9th Well, duh. But according to the US law, this appeal occurs when a ruling by trial court is appealed while other aspects of the case are still proceeding. The decision allows the SEC to file a motion by August 18th, which is today, requesting permission to bring a case to the US Court of Appeals for the Second Circuit. Ripple will also be able to file an opposition to the motion. Now, the decision comes just a few hours after Ripple Labs voiced opposition to a potential appeal for the case. Ripple lawyers put forth three main arguments in opposition to the SEC request. They first argued that an appeal requires a pure question of law and that the SEC's request raises no new legal issues that need to be renewed. They also argued that the SEC's claim of an incorrect court ruling on the matter is not sufficient and that an immediate appeal will not advance the termination of litigation proceedings. Quoting their CEO, Brad Garlinghouse, reminder, the request for appeal, even if granted, doesn't change the fact that XRP is not a security. That's not up for debate or trial, but the SEC continues to claim that Chris and I acted recklessly in believing that XRP is not a security. Yada, yada, yada. Now, Torres ruled on July 13th that Ripple's native XRP token is not a security when distributed in public sales, aka exchanges, but that the ruling considered XRP a security and institutional sales. Interesting. The case against Ripple has been ongoing since December of 2020. Holy moly. When the SEC sued Ripple and his two chief executives, including Brad Garlinghouse and Chris Larson, over allegations that the company was offering an unregistered security. And in a recent interview with Bloomberg, Garlinghouse shared his belief that the SEC would face a lengthy appeal process, putting him here, as a matter of law, the law of the land right now is that XRP is not a security. And until there is an opportunity for the SEC to file the appeal, which could take years, frankly, we are very optimistic. He noted, and according to Garlinghouse, an appeal against the retail sales ruling would only further solidify the decision that Torres made. So there you have it. You also have to keep in mind for this to go to the appeal and do a whole new trial could take years. So in the interim, meaning in the meantime, meanwhile, XRP is not a security unregistered security being sold on the exchanges. So all the exchanges have the permissions to relist it. And in fact, a lot of the major exchanges have already relisted XRP for this reason. However, if they have another trial, let's hypothetically say three years from now, and after another trial, the judge changes the ruling and it's deemed an unregistered security, then it can be like deja vu all over again, like going back to 2020, it gets delisted from all the exchanges. And to me, that is very scary. And you can thank No Clarity Gary for that one. So how do you think this is likely to play out? Do you think the SEC is just wasting their time? I mean, I personally look at it this way. The SEC has unlimited resources. They have all the money in the world, the money printer, you know what I mean? Will continue to go burp for their needs. And so they can virtually do anything they want. I think it's overreach. Obviously, it's the crypto crackdown. Unfortunately, it's likely to continue. However, I think the lawsuit against Coinbase and Binance, et cetera, can help set precedent, just as the XRP lawsuit has. And I think that thus far, it's been a win for crypto because the SEC is not getting their way. And of course, they're not going to be happy. Of course, they're going to appeal it. Of course, Gary is not going to give us what we want and protect the investors whatsoever because they're just protecting their own pockets at the end of the day. And that's just the reality of the life that we live in here in the crypto sphere. But with that being shared, fam, let me know your thoughts. And now let's break down our main story of the day. And that's Max Kaiser predicting that the Bitcoin price will rise to $3 million. We don't care if Bitcoin is crashing because we're in this for the long haul. So cry me a river, y 'all. But with that being shared, yeah, first, let's start with this quote he recently shared on Twitter dated August 11th, which got 62 ,000 views. He wrote, Bitcoin has already and will continue to outperform everything else so spectacularly by 100 X or more that anyone holding fiat stocks, bonds, gold, all the coins, property, et cetera, will literally be impoverished. Very powerful words. Now, at the time he made this prediction, Bitcoin was close to 30 ,000. So what is 100 X times 30 ,000? That's $3 million per coin. And now quoting him from a more recent interview he did with Swan, maybe about a week or so ago, I posted this on X, formerly known as Twitter on, let's see, August 12th. So the following day after he made that post, it got 131 ,000 views, fam. And here's what Max Kaiser had to share. With Bitcoin, it's kind of the end of price discovery because everything will eventually be priced in Bitcoin. Everything goes to zero against Bitcoin. Bet you heard that one before. And so for someone like myself who has been following this for 40 years, the finance markets, technology, Bitcoin is the holy grail. It is the end all preach. I would say my compatriot in all of this is Michael Saylor. When you hear Michael Saylor talk, he talks about the aesthetics of Bitcoin, the beauty of Bitcoin. And he speaks about it in a way I think carries the torch from the Max and Stacey from 2011. Now he started buying it, I guess, when it was 10 or $12 ,000 or so in 2020 era. So we were there from 2011 to 2020. And I think he's kind of carried the torch from 2020 in a lot of ways and introduced Bitcoin to massive pools of capital, including to Elon Musk. Note that. I'm surprised that more companies haven't followed his lead, giving the breakup of inflation that we have had exactly as Michael Saylor predicted. The melting ice cube, as he called it, at the exact time and exactly what happened. Well, I guess we can say now we're in an era where BlackRock and these other major institutions are now looking at Bitcoin. So his work on the institutional level, I guess, is bearing fruit. Now, three years later, I see in the Middle East, they are starting to recognize Bitcoin. So that's a huge pool of capital. Yeah. And I think that all that oil money will find its way into Bitcoin and be a huge catalyst for higher prices. So it's a natural way for the oil industry to diversify their portfolio because Bitcoin is essentially energy and the energy eventually gets priced in Bitcoin. And there is a marriage between these two in a big way. So there you have it, his first big prediction that the oil industry is going to diversify into Bitcoin and he continues. So I think that's kind of the answer. I have always been fascinated by price discovery in markets and the architecture of how markets work under the hood. And Bitcoin is such a pristine, perfect money. And I think it's something that humans have been searching for since forever. And now we're seeing it change society on a really fundamental level with the introduction of Bitcoin. Now, a lot of people are freaking out because of it, because it destroys the status quo, preach. And a lot of people who have been waiting for it to come along and had the faith that humanity can be saved. Thank God. I honestly feel humanity would be doomed without Bitcoin. All we have to look forward to is CBDCs and the enslavement of the human race. Now, anyways, continuing, they see Bitcoin in those terms. So you have this split going on, which is very exciting. So it just continues on and on. And how could you not be interested in it? I think the people who were into it earlier, aka Roger Ver, and walked away just never got it from the beginning. Once it's categorized as an asset class, we have nothing to do except position ourselves in this asset class. So either we are going to have a small position or a big position, but we cannot ignore it. We cannot not have a position. Now, listen closely here. So even 1 % of that multi -hundred trillion dollar funds available moves the needle on Bitcoin and it moves it up considerably. He's referring to the five, six, seven hundred dollar or five, six, seven hundred trillion dollar total addressable market. And he continues. So if we get into the five or 10 % range, then you start to really see a raise ahead to the seven figure type predictions that people have been making, including myself, because it is an asset class. But on the flip side, we have what we saw in the gold market, which is the ability to control price discovery and manipulate the prices. And it's real through the derivatives markets. Pay very close attention to what he shares about derivatives here, fam. This is how the powers that be and the central bankers continue to manipulate the precious metal market. So the price of gold has been lagging inflation for 20 years because the government around the world doesn't like gold making their fiat money look bad. So they make it easy for the huge funds to manipulate the price of gold and to scalp and to continuously skim profits off of gold, which is what they do almost every single day. You can watch it and see it. In fact, it's pretty clear. And they are very good at keeping the price of gold and silver down. There's something like for every ounce of silver, there's probably 50 ounces worth of derivatives floating in various exchanges around the world that are used to keep the price of silver down because governments don't want gold to race ahead to draw the capital out of their fiat money scam and into gold. Makes a great point, right? And with Bitcoin, we have the ability to pull our private keys, which is not really available with gold. Technically, people can take delivery of gold on these exchanges, but there's never been an organized attempt to do so preach. And also, let's not forget that the majority of the gold in the world is hoarded by the central bank. So keep that in mind, fam. Anyways, back to Max's quote. We tried to do it a few years ago. It crashed JP Morgan by gold and silver because after the 2008 financial crisis when JP Morgan ended up buying Bear Stearns effectively for nothing, they inherited this multimillion short silver position that Bear Stearns was managing at the behest of presumably the government. The government likes to stay involved. And so I did some calculations and it became clear if this short position was not covered and the price of silver got to $60 or $70 an ounce, it would bankrupt JP Morgan Chase. So we started this crash JP Morgan buy silver campaign. We got the price of silver from 15 bucks up to $50. What a legend. So we got it up to the old Hunt Brothers $50 level. And then the Fed of course came in and they changed the laws overnight to make it possible for these banks to have and carry much greater short positions on silver. So they printed up a lot of paper silver derivatives and they stopped the run on their bank and the price went back down to $15 or so. So we have seen that it is possible to force capitulation to the silver market, but at the end of the day, because of the ability to pull private keys, it is not like it is with Bitcoin. I don't think it'll ever succeed. Whereas with Bitcoin, you can pull your private keys. So there you have it. Very powerful words coming from Max Kaiser. And that's 100 % accurate. And why I don't trust the precious metals myself. Now, if Bitcoin and cryptocurrency didn't exist, I'd be all in on gold and silver because what other option would there be? But because there is Bitcoin, there is no second best as Michael Saylor once said, like real talk. Am I going to trust my life savings in gold when the powers that be can just manipulate it on a whim? In fact, they have been caught doing so, so many times. How many times has JP Morgan had to pay billion dollar or hundreds of millions of dollars in fines for being caught manipulating the precious metal market? I think that will continue. Now, Bitcoin is the only incorruptible money, hence why it is perfect money. There is a finite limited supply. And I mean, there's no greater alternative. There is no second best quoting the great Michael Saylor. And don't forget to check out crypto news alerts .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.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1373: BlackRock Bitcoin ETF Will Send Bitcoin to $180K by THIS Date
"In today's show, I'll be breaking down the latest technical analysis, as well as Bitcoin speculators are now saying that at least 69 ,000 all time high in play. But right now is the least amount owned by hodlers. We have to keep this in mind. We're also going to be discussing Max Kaiser's Congress speech about disarming the banksters along with their financial weapons of mass destruction, as well as Bitcoin friendly El Salvador sees bonds return soar to 70 percent thus far this year. In twenty twenty three, we're also going to be discussing a crypto analyst who forecast the big Bitcoin price move to forty thousand. I'll be breaking down his timeline, as well as rich dad Robert Kiyosaki doubles down on his hundred thousand dollar Bitcoin price call and says he shares a common enemy with BTC, quoting him right here, Bitcoin to one hundred thousand dollars, saying for years gold and silver is God's money. Bitcoin is the people's money. Bad news. If the stock and bond markets crash, gold and silver will skyrocket. The worst news is if the economy crashes Bitcoin to a million dollars, gold to seventy five thousand and silver to sixty thousand savers of fake US are F debt is too high. Mom, pop and kids are in trouble. I hope I'm wrong. Please take care. We're also going to be discussing breaking news. Fundstrats Thomas Lee on live TV, quoting him here. If the spot Bitcoin ETF gets approved, the clearing price of Bitcoin is one hundred and fifty to one hundred eighty thousand dollars. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my rumble channel at Cryptonewsalerts .net. Again, that's Cryptonewsalerts .net and welcome y 'all just tuning in. This is Pod episode number thirteen hundred and seventy three. This is August 16th, twenty twenty three. I'm your host, JV. We do have lots to cover. So let's dive in with our market watch for the day. As you can see here in your screen, got Bitcoin price maintaining that critical twenty nine thousand dollars support while ether also correcting but maintaining and holding on to eighteen hundred dollars and checking out coin market cap dot com. The current crypto market cap sits at just one point one five trillion with thirty one billion in volume at the past twenty four hours. Bitcoin dominance back on the rise at forty nine point two percent, with the ether dominance at 19 percent even and checking out the top one hundred crypto gainers for the past twenty four hours. Bone Shiba swap up 13 percent trading at a dollar fifty four, followed by say up eleven percent trading at 19 cents, followed by rocket pool up three percent trading just under twenty seven dollars and checking out next. As you can see here on your screen, we have crypto bubbles. We can see the top gainers for the past week. Bone leading the pack, pun intended, up fifteen percent, but massive losses for the overall altcoin market and checking out the crypto greed and fear index, which you can see here. We're currently rated at fifty two, which is neutral. Yesterday, a fifty three last week, a fifty neutral and last month, a fifty four, which is neutral. And welcome to those just joining us in today's live stream. So much to cover. Next up, we're going to dive into our Bitcoin technical analysis. Check out some of the charts, as well as some interesting facts with some hodlers as well. Bitcoin speculators are leading a period of exhaustion and apathy across the market. In the latest edition of the weekly newsletter, the week on chain analytics firm Glassnode wrote about waning conviction about Bitcoin's short term hodlers. Now, where are my long term hodlers at? Make some noise. And after several months of stagnant Bitcoin price action, frustration amongst market participants has led to predictions of deeper downside to come. The bulls remain unable to break the resistance, while the sellers likewise face multiple support zones in the form of trend lines between the current twenty nine thousand and twenty five thousand dollar levels. And amongst these is the short term hodler cost basis, or better known as the realized price. Short term hodlers are defined by Glassnode as entities hodling coins for one hundred and fifty five days or less and correspond to the more speculative end of the Bitcoin spectrum. investor Now, the short term hodler cost basis has function as support throughout twenty twenty three, but is rapidly rising and currently sits at twenty eight thousand six hundred dollars. Now, by contrast, the long term hodler cost basis reflects the aggregate purchase price of the most stubborn hodlers and thus far lower at twenty thousand three hundred. Quitting Glassnode, the separation between these two cost basis is an indicator that many recent buyers have a relatively equated acquisition price and continuing, researchers describe the market as being potentially top heavy with even a modest Bitcoin price come down now apt to send the short term hodler cohort back into the red. Quoting Glassnode again, on the macro scale, the supply distribution does resemble similar periods during the bear market recoveries of the past. However, a shorter time frame, it could be argued to be slightly top heavy market with many price sensitive investors at risk of falling into unrealized losses. Now, despite this, it appears that speculators have already started to reconsider their market exposure. Let me know if you have or if you're continuing to stack stats as you should. Quoting them here, we note that the supply held by the long term hodlers continues to increase, hitting an all time high of fourteen point six million BTC. So in direct contrast, short term hodler supply declined to multiyear lows at two point five six million BTC the week on chain added. So overall, this suggests that conviction of Bitcoin investors does remain impressively high and few are willing to liquidate their holdings. Are you one of them? Let me know in the comments right down below. Now, the last time the short term hodlers had such little market presence was in October of twenty twenty one, just before the all time high of sixty nine thousand dollars. And it is very interesting as we see the short term hodlers continue to sell and the long term hodlers continue to stack stats as they should. I say the smart money are the whales and the long term hodlers. Would you agree? Let me know your honest opinion. Let me know your honest thoughts in the comments right down below. And now let's discuss our next story of the day. And that's Max Keiser's rant when he spoke in Congress back in January of two thousand and nine, talking about disarming the bankers and their financial weapons, a mass destruction, a very powerful speech given by Max. If you've got to hear this, let me know. I posted and transcribed it on what was formerly known as Twitter, now known as X this morning, quoting Max Keiser. This is an important day as we review the situation with respect to disarming bankers. After the first Great Depression, Congress passed the Glass -Steagall Act. The purpose of the resolution was to disarm bankers as well as brokers. Now, never again would they be allowed to destroy the global financial system. I'm here to warn you that they have, in fact, rearm themselves with a deadly toxic debt instrument known as a derivative. I asked for this session today to support the core assessment made by FAME investor Warren Buffett. He said derivatives are financial weapons of mass destruction and that have apparently been devised by madmen. These instruments pose a mega catastrophic risk. Ladies and gentlemen, don't wait for the mushroom cloud of bad debts to explode over our financial system. Let's disarm the bankers before it's too late. Very powerful words coming from Max Keiser. And again, this is circa January of two thousand and nine, right around the time of the Bitcoin Genesis block, which was released after the 2008 financial crisis. And lo and behold, you can consider him a prophet because everything he was talking about is exactly what's been going on. Financial terrorism as it continues as the central bankers of the world continue to print money until the wheels fall off. Massive shout out to Max Keiser and Stacey Herbert. As you know, I'm huge fans of them both via the Kaiser report as they were the first one to cover Bitcoin with international coverage back when it was trading between a dollar to ten dollars. This is going all the way back in 2011, so literally was at 14 or 13 years ago. So much respect to the high priest of Bitcoin. And with that being shared, fam, now let's discuss our next story of the day. Now that we covered Max versus the banksters and that is El Salvador and their success with their bonds, which have been released as returns soar to 70 percent thus far this year. Check it out. El Salvador, which adopted Bitcoin as the legal tender back in 2021, has seen its dollar bound outperform the majority of the emerging markets with a 70 percent return thus far this year. The massive rally of the bond has now drawn interest from several institutional giants, which include JPMorgan Chase. Take that tapeworm Jamie Dimon, as well as Eaton Vance and PGIM Fix, promoting President Najib Okele to say, I told you so. Now, apart from the institutional giants, the likes of Lord and EBIT and also Neuberger German or I'm sorry, Berman Group LLC and UBS Group AG have also added debt security since April, according to Bloomberg. And also, Paolo, the chief technology officer of Bitfinex, told Cointelegraph that the performance of El Salvador bonds is a clear signal that the investors are supportive of the financial policies of the El Salvadoran government and demonstrates the renewed interest in investing in the El Salvador story while adding the following as the first company to receive a digital asset license, we are seeing significant interest in digital asset issuance and renewable energy investments, which the country has in abundance and is being used for Bitcoin mining and to provide more energy for the country's electrical grid. Now, the growing demand of El Salvador's debt security in 2023 is a quite contrast to its performance a couple of years ago when it first adopted Bitcoin as the legal tender. That's right. They've come a long way. The Bitcoin adoption created uncertainty amongst investors who bet against the country's bonds with several financial agencies, casting a shadow of doubt on the country's financial future. In February of 2022, the American Credit Agency agency Fitch lowered the country's long term issuer default rating from a B minus to CCC, inciting policy uncertainty in the Bitcoin adoption, along with an eight hundred million dollar debt payment due for January of twenty twenty three. Now, keep in mind, El Salvador did pay that eight hundred million dollar debt in full within the due maturing time to start off the year, raising confidence in the country's bonds yet again. And the president, Bukele, at the time noted that they had proven every finance pundit wrong, who doubted whether they would be able to pay their debts in a time after Bitcoin adoption, quoting Bukele here. He actually shared this in January of twenty twenty three in the past year. Almost every legacy international news outlet said that because of our Bitcoin bet, El Salvador was going to default on its debt by January of twenty twenty three, since we had an eight hundred million dollar bond maturing today, literally hundreds of articles. Never forget that. Now, the rise in confidence of investors is visible from the bonds performance throughout the year. And during the same time, El Salvador also passed a landmark crypto bill paving the way for the infamous Bitcoin backed volcano bonds. Let's freaking go. Now, El Salvador and its president have been at the receiving end of criticism every single day since they first adopted Bitcoin in September of twenty twenty one as legal tender, along with the United States dollar financial pundits predicted that the Bitcoin adoption will further strain El Salvador's financial conditions. However, to the contrary, within two years, the debt security of the state has become a hot cake amongst institutional giants, the same that once advised against buying it. So I'll say it for Bukele. I told you so. So there you have it. Let's go El Salvador mass adoption. Bring it. In which country do you think will likely be next to adopt Bitcoin as a legal tender and follow in the footsteps of Bukele and El Salvador? Let me know your honest thoughts in the comments right down below. Now, let's discuss a forty thousand dollar Bitcoin price prediction, as well as a timeline, which I'm going to be sharing with you right here. If you think Bitcoin is likely to hit this forty thousand target, let me know. Now, while he followed analyst Pizzino is bullish on Bitcoin as the flagship crypto asset trades in a narrow range for the past few days or we could say for the past few weeks in a new video, he tells his three hundred thousand YouTube subs the Bitcoin can climb by over 40 percent from the current level between now and September of twenty twenty four. Considering September is only two weeks away, that would be pretty enticing winning it. The crypto analyst says that his upside target of forty two thousand is the range midpoint or the 50 percent level between the Bitcoin all time high of sixty nine thousand and Bitcoin's twenty twenty two low of around fifteen five. Quitting him here, it is possible that we see a test of forty two thousand happen within the period between now and September of twenty twenty four. So in basically twelve, thirteen months, a test of the 50 percent level of forty two thousand two hundred and then a retreat. Do you think we're likely to rise on up to that forty thousand mark? Let me know. And after appreciating to over forty thousand Bitcoin could thereafter correct either mildly or substantially, according to the analyst quoting him again, it could be a small retreat like back here, June to August of twenty sixteen, where it tested seven hundred and then came back to five hundred. Or it could be a deep retreat where it tested all the way up to fourteen thousand in June of twenty nineteen, when the 50 percent level was only eleven thousand five hundred. And then it came all the way back down to four thousand in March of twenty twenty, thanks to no vid. And to watch this video with the analyst predicting Bitcoin can rise to one hundred and sixty one thousand, check the show notes below the video in the description. And please do let me know if you agree or disagree with the crypto analyst. And now let's discuss our next story of the day, and that's the one hundred thousand dollar Bitcoin price prediction from Rich Dad author Robert Kiyosaki. In fact, he even claims that Bitcoin can now go to a million dollars. So let's break this down and then we'll dive into our feature story of the day with the BlackRock ETF, which can send the Bitcoin price parabolic over six hundred percent, surpassing a whopping price target of one hundred and eighty thousand dollars. But first, Robert Kiyosaki, he stands behind his call that the Bitcoin price will put a new all time high and run all the way up to one hundred thousand. Let me know if you agree or disagree with the author. Now, Kiyosaki refers to Bitcoin as the people's money very commonly and says that those who save in U .S. dollars are likely screwed. And that was the nice way of putting it. Reading his tweet here, Bitcoin to one hundred thousand dollars, saying for years gold and silver is God's money. Bitcoin is the people's money preach bad news if the stocks and bond market crash gold and silver to skyrocket the worst news if the economy crashes Bitcoin to a million dollars. Now, that doesn't sound like so such bad news to me. That would be extremely brilliant news for the Bitcoin price to go to a million. But I understand an economy crash is not good. But he continues gold to seventy five thousand and silver to sixty thousand. I do not see those precious metals rising like that, especially considering they're controlled by the central bankers and the cartels have been controlling precious metal markets for a very long time. But nonetheless, I digress. He continues, savers of fake U .S. dollars are effed. Debt is too high. Mom, pops and kids are in trouble. And I hope I am wrong, but please take care. I mean, very bold words coming from Kiyosaki. Also, in an interview he did with Stansberry Research's Daniela Cambone, he warned up the idea of Bitcoin as he has lost all trust in institutions running the country, quitting him here. I like Bitcoin because we have an enemy in common breach. It's called the federal government breach, the Treasury and the Fed and Wall Street breach. I don't trust them. If you trust them, save dollars and get yourself a nice bond. I do not trust those guys. How many can relate with Rich Dad earlier in the year? Kiyosaki also predicted Bitcoin would eventually skyrocket to one hundred thousand per coin, highlighting that the king crypto does not need the intervention of the government to sustain its value. So there you have it. Come in directly from Rich Dad. Let me know if you agree or disagree with the Rich Dad, Poor Dad author. And with that being shared, now let's dive into our featured story of the day. That's everything surrounding the BlackRock ETF, a spot Bitcoin ETF being approved in the United States. Tom Lee was just recently interviewed and says he believes it will automatically send the Bitcoin price somewhere between one hundred and fifty and one hundred and eighty thousand dollars. So let's break this down, shall we? And here this is on this interview. I also already transcribed it for your benefit here. And I'm going to start reading so we don't have to play that sound clip because it's copyrighted. Anyways, he's asked, I always like hearing your price targets. Because you are always so fearless. When are you or where are you on Bitcoin by the end of next year? Let's say. And he responded, well, it's a spot Bitcoin gets approved, referring to the spot Bitcoin ETF. I think the demand will be greater than the daily supply of Bitcoin. So the clearing price, which is done by Sean Farrell, who is our crypto digital strategist, is over one hundred and fifty thousand dollars. In fact, it could even be one hundred and eighty thousand per Bitcoin. And then when asked, that's only if the spot ETF gets approved. Tom Lee responded, yes, a spot US because a spot Bitcoin ETF is approved already outside the US, which is a fact. And then asked, but if it's not approved, then are we just lingering at around twenty nine thousand in which he responded? There is still upside cast because of the halving next year. So you'll have a drop in supply again. And so the clearing price has to increase, but it won't be six figures. So he's ultimately saying the approval of the spot Bitcoin ETF, regardless if it's BlackRock or any of the others, such as Fidelity or ARK Invest, 21 shares, etc., will absolutely send the Bitcoin price to a minimal of one hundred and fifty thousand. And that target could even be as high as one hundred and eighty thousand. But he's also saying in the same token, if Gary Gensler and the SEC does not approve it by the time of the halving, do not expect a six figure Bitcoin price, but expect the price to go up because of the drop in supply as well as the gain and demand. I think the analyst makes a very great point. Now, he was also interviewed a few weeks ago and he discussed this price action occurring within nine months. So I wanted to give you that time frame because the Bitcoin ETF is scheduled to be released sometime. Not the ETF, but the halving is scheduled to be in April of twenty twenty four. So anyways, here's what he had to share in this interview. Current Bitcoin market is in balance with twenty five million in daily block rewards and twenty five million in daily demand, incremental ETF demand. Sean Farrell, their analyst, believes that twenty five billion dollars of demand is possible within the first year. So this is how they come to these numbers. This is one hundred million dollars in daily demand. This would bring the daily demand to one hundred and twenty five million while the daily supply is only twenty five million. So the implied equilibrium price would need to rise so that the daily supply matches the daily demand. Equilibrium analysis suggests that a clearing price is one hundred and forty to one hundred and eighty thousand per Bitcoin before the April twenty twenty four halving. Now, if you'd like to see that come to fruition, make some noise in the live chat. Now he continues. Generally, this idea of higher equilibrium price is consistent. Sean Farrell estimates that the flow multiplier for Bitcoin is four to five X and on the odds of a spot Bitcoin ETF finally getting approved in the United States after numerous rejections of the past year. Here's what we had to share. Bitcoin ETF could finally get approved. Sean Farrell sees the BlackRock effect, making it this far more likely today. Now, BlackRock, we all know, is the world's largest asset manager, and they say they have roughly 10 trillion or more in assets under management. So there you have it. Very bullish predictions coming from Tom Lee and on regards to this BlackRock ETF being approved. But I'd love to know your thoughts. Do you think that the BlackRock Bitcoin ETF will be approved within the next nine months before the Bitcoin halving scheduled to be in April of twenty twenty four? Let me know why or why not. And I'm going to start reading all of your comments out loud. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
WTOP
"twenty five" Discussed on WTOP
"Twenty five and fifty -five powered by red river technology decisions aren't black and white think red it's seven twenty five let's get the update now here's rob wood for are like i'll yesterday at this time i played a sound bite of ron rivera telling his washington commanders not to fight skinned when they have their joint practices with the baltimore ravens it uh... up at owings mills and and said he didn't need that bs we need to learn in would you know it they bought anyway i told you would go uh... did here's uh... mills lane i mean george wallace in owings mills saw the whole things thing got heated pretty quickly on this hot day couple skirmishes on both the offensive and defensive side of the field there a john harbaugh calm things down and stressing to their team that they're here to get better not to take things personal it's just and practice to move on on the commander side chase young did not partake in team drills again logan thomas stuff did on some the side field which ron rivera said was a big step for him the offense looked pretty good against the ravens defense sam howell definitely looking more comfortable terry mclaurin saying that he can see the strides howell has made already in these short couple weeks of camp they're back at it again tomorrow nine thirty a .m. the nationals back at it right now underway with the red sox in their interleague meeting in dc the fourth pitch josiah gray through was belted four hundred five feet in the stands by alex verdugo while boston leading one nothing we're now in the first inning oddly enough gray looking to change his uh... career record at home of i've in fourteen he plays significantly better on the road winch you know rob woodfork w two p sports up coming after traffic and whether on w two p now that former president trump has been indicted for a fourth time will it catch up to his political aspirations will talk about that coming up it's seven twenty six you get more for your money at thompson creek energy -efficient thompson creek windows can lower your utility bills during the brutal summer heat don't get wait windows now and paid later thompson creek does it all design build and install so you won't pay the middleman mark up you get high -quality windows at an affordable price call now to save forty percent by one window get one forty percent off don't wait windows get now lower your utility bills and pay later call eight five
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1370: Why You MUST Own at least 1 Bitcoin - Jack Mallers
"Welcome, everyone. In today's episode, I'm going to be breaking down the latest technical analysis, as well as MicroStrategy marks three years of holding Bitcoin with four and a half billion dollars in Bitcoin and company stock, literally up two hundred and ten plus percent. We'll also be discussing PayPal executive says that their new stablecoin will be made available for DeFi in the future, as well as Bitcoin as a ticking time bomb set for historic expansion, as rare indicator sends a signal. I'll be breaking this down for you. We'll also be discussing breaking news of fun. Strad investor note says Bitcoin can hit one hundred and eighty thousand dollars before the upcoming block reward, having scheduled for April of twenty twenty four. We'll also be discussing the top reasons why the Bitcoin price will smash a million dollars per coin, as well as why you must own at least one Bitcoin right now. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. What's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my rumble channel at CryptoNewsAlerts .net. Again, that's Crypto News Alerts .net. And welcome, everyone. Just tuning in. This is Pod episode number thirteen hundred and seventy. I'm your host, JV. Today is August 13th, twenty twenty three. Kicking off today's episode here with our market watch, we can see Bitcoin still holding strong onto twenty nine thousand four hundred, but slightly consolidating for the day. We also have Ether barely back in the green, trading above eighteen hundred and fifty dollars, along with BNB and XRP also in the green. And checking out CoinMarketCap .com, the current crypto market cap sits at one point one seven trillion dollars, with about 17 billion in volume in the past twenty four hours, with the Bitcoin dominance at forty eight point seven percent and the Ether dominance at eighteen point nine percent. And checking out the top one hundred crypto gainers in the past twenty four hours, we have room lead in the pack up twelve percent, trading at a dollar thirty seven, followed by a ton up about seven percent, trading at a dollar forty three, followed by Pepe up four and a half percent and checking out the top one hundred crypto gainers for the past week. Mostly, I'd say we got a few in the green, but also probably equally as much in the red. Some of the biggest losers include Koss and Bone, with some of the top gainers for the day, the same as the week with Tun, Rune and Pepe. And checking out the Crypto Greed and Fear Index, we're currently rated a fifty four neutral, same as yesterday. Last week was a forty nine and last month was a sixty in greed. So there you have it. How many of you are currently bullish on the king crypto and have been taking advantage of this recent dip? Let me know in the comments right down below. And now let's dive into today's Bitcoin technical analysis and see what's happened with the continuous sideways trading action. Most of the alts are also quiet today on Sunday, similar to how they perform yesterday on Saturday, except for Rune and Tun taking the lead. Now, the past few weeks went in a rather unventful fashion for typically more volatile crypto asset. This past Monday saw some movements as Bitcoin dipped below twenty nine thousand to mark the weekly low. However, it went on an offensive almost immediately and had surged past thirty thousand by the time Wednesday came. But that was short lived. More volatility was expected on Thursday when the US CPI numbers were set to come out. Yet that wasn't the case. Bitcoin remained at just under thirty thousand, where it had retrace hours just before that. And then the following days were quite stagnant. Once again, Bitcoin stood still within the same tight range of between twenty nine and twenty nine five. And expectedly, the weekend didn't provide anything different, given the typically lower trading volume. So there you have it. I mean, it's been very boring sideways trading action. Nothing new. But I feel once we can break thirty two, we're likely to continue marching on up, breaking the annual high. And there's not much resistance between thirty two and forty. So do keep that in mind as well. Now for the latest regarding the first publicly traded company to put Bitcoin on their balance sheet, which is MicroStrategy. They're still holding their four and a half billion dollars worth of BTC. Let's break this down. As you can see here, it's been three years since MicroStrategy first accumulated their BTC. Michael Saylor spearheaded the strategy of making Bitcoin their primary Treasury Reserve asset, directing the firm to buy twenty one thousand four hundred and fifty four BTC for two hundred and fifty million at an individual price of roughly eleven thousand six hundred dollars on August 11th of 2020. That's when it all began. Now, in the up and down years since MicroStrategy continued to consistently invest in the top crypto asset, becoming the largest institutional holder of Bitcoin. And as of July 31st, the firm holds one hundred and fifty two thousand eight hundred BTC acquired for a total cost of roughly four and a half billion dollars at an average individual price of twenty nine thousand six hundred and seventy two. So they're roughly at their break even point. Interestingly enough, now Saylor was MicroStrategy's chief executive when the company first bought Bitcoin, but now serves as its executive chair after stepping back from the CEO role last year. The MicroStrategy stock is up more than two hundred and ten percent since August 10th. So keep that in mind. And that since 2020, the day before it made the announcement to purchase Bitcoin, MicroStrategy is currently priced at three hundred and eighty four dollars per share, according to Market Watch. And it hasn't been an entirely smooth ride. However, keep in mind, MicroStrategy is down more than 70 percent from the three year high of eleven or one thousand three fifteen, which it hit on February 9th of twenty twenty one, referring to the stock right as Bitcoin was in the midst of that ascendant bull run. And in June of twenty twenty two, MicroStrategy faced concerns it would receive a margin call on a Bitcoin backed loan, though those fears never materialized and seemed to be nothing more than FUD. And in a margin call, a trader or investor is required to put up more funds to avert the closure or liquidation of a leveraged position. And I think when those FUD rumors were coming out, Michael Saylor said unless the Bitcoin price dips all the way to three thousand, we are not getting liquidated because they had more assets to back it. So it was nothing more than FUD at the end of the day. But very interesting. I think MicroStrategy will continue being one of the largest huddlers of Bitcoin in the world. They're second in line to Grayscale, which controls over four hundred thousand BTC. And at this time being there's no spot Bitcoin ETF in the United States. The next best closest thing is to owning MicroStrategy stock. And of course, Michael Saylor is very bullish on that. Now, let's discuss the latest regarding the PayPal stablecoin, which is titled PYUSD. They've been announcing some plans for DeFi. And we also had some analysts recently come out predicting due to the launch of the PayPal stablecoin because their audience is so large, hundreds of millions of people that use PayPal on a regular basis, active users, that it can send the Bitcoin price to a quarter million dollars per coin. That was a prediction from Charlie Shrem. I covered a few episodes ago. If you missed that, be sure to check that out. Now, an insider from PayPal says the firm's new stablecoin will ultimately launch on DeFi platforms sometime in the future. In the new interview on the Unchained Pod, Jose Fernandez, PayPal's senior vice president of blockchain, crypto and digital currencies, told the host Laura Shin that the firm intends for their stablecoin, which was launched earlier in the month, to be available on crypto exchanges and compatible with the DeFi ecosystems, quoting them here. I think DeFi will be a part of the first wave in the sense that we want to go where crypto users are using stable coins today and DeFi as a use case for that. So as of today, you can only get the PYUSD on the PayPal wallet. We are ramping up the product, but definitely the intention is that it will be available in the main exchanges. And when the distribution is available, then the folks will be able to use it for the traditional use cases. The Ponte goes on to share that their stablecoin is already compatible with Ethereum wallets as it is technically an ERC20 token, ultimately meaning on the Ethereum blockchain, and that it's fully backed in compliance with New York regulations. Quoting him again, the stablecoin PYUSD is an ERC20 token. It's deployed on the Ethereum blockchain and it can be sent outside to wallets that enable ERC20 tokens. Now, there is definitely an aspect of it that has to do with being fully backed and regulated as a stablecoin. As you know, we are issued out of New York. Paxos is the issuer and the token is approved by the New York Department of Financial and Security New York has very clear and strict requirements in terms of KYC, know your customer, and anti -money laundering provisions that require the ability to be able to have the right control in place. So there you have it. And to watch this entire interview, they did check the show notes below the video in the description. I will give you a little disclaimer. I do not trust PayPal as far as I can throw them. I had a lot of people ask me, where can I get the stablecoin? It seems currently only available on PayPal, but I wouldn't be holding it. I'd prefer the real thing, which is Bitcoin the only decentralized crypto asset because PayPal, just as they can freeze your funds and freeze your PayPal account. They've done that to me before in the past, probably like a decade ago back in the day. They could also freeze your stablecoin the same way because all it is is a digital version of the dollar. So that's not so enticing or exciting to me. But the reason it's fruitful and bullish for the entire industry, it can help usher in that mass adoption, considering PayPal has hundreds of millions of active use active users. That's why this is a pretty bullish story. But anyways, now let's talk about the ticking time bomb, followed by one hundred and eighty thousand dollar prediction from Fundstrat at the time of the halving less than nine months away. And then I'll be sharing the latest and greatest from the one and only Jack Mallers and why you should own a Bitcoin and why the Bitcoin price is trending towards seven figures. Let's break it down. And yeah, if you're just joining us, make sure to say hello in the live chat. Don't be a stranger, as this is a live and interactive show. But yeah, let's break this story down. As you can see, while he followed analysts as Bitcoin is gearing up for a historic move to the upside, now that has rarely seen the indicator has flash. This anonymous analyst known as Credible Crypto shares that Bitcoin is going through a period of record low volatility or a compression phase, which he says will ultimately lead to historic expansion. Send it. Let's go. He shares a chart, which you can see here, along with fellow analyst tech dev who points out that Bitcoin's three week chart is approaching compression levels that previously signaled the start of the bull markets since 2012. Quoting credible here, historic compression leads to historic expansion. Imagine looking at this chart and thinking, yeah, ten thousand dollars incoming, a ticking time bomb till bear extinction. BTC. That's what's up. Now, while many Bitcoin bulls have lost confidence due to the Bitcoin uneventful price action, credible says Bitcoin is simply consolidating, which should be considered bullish, quoting him again, seeing a lot of if we are so bullish, why aren't we moving up? The bulls don't have the strength to push the price higher. This is bearish. But when the price is moving sideways, it means that neither bears nor bulls are in the driver's seat. Consolidation is, by definition, neutral buyers and sellers have reached an equilibrium. Now, nine out of ten times consolidation structures resolve in the direction of the trend that preceded them. We have been in a very clean, obvious uptrend since fifteen thousand dollars. So by default, then one should expect this consolidation over the last month to resolve to the upside. And he continues, your default stance on Bitcoin here should be bullish, in my opinion, unless we start breaking bullish market structure. For example, the first and lowest timeframe level of the bullish market structure that matters is twenty four eight marked, as you can see here in this chart. So there you have it. How many of you agree with credible crypto aren't currently bullish, even though the price action seems boring and continues to trade sideways? Let me know your honest thoughts in the comments right down below, which leads us to our next story of the day. That's Fundstrat's prediction of one hundred and eighty thousand dollar Bitcoin price by the time of the next halving, keeping in mind that halving is scheduled to be sometime in April 2024, virtually meaning less than nine months away. Let's break this down and shut up to Tom Lee over at Fundstrat. So I actually shared this in a tweet here this morning. Fundstrat investor note says Bitcoin could hit one hundred and eighty thousand before the upcoming block reward halving in April of twenty twenty four. And also interesting, an Indian analyst thinks that World War Three had already begun expecting the BRICS economic bloc to merge with the Shanghai Corporation Organization. And also it is shared that the financial services company attributes this projected five hundred and twenty one percent Bitcoin price hike from the current levels to the rising demand fueled mainly by the anticipated approval of a Bitcoin ETF, which I know is on everyone's mind. We know there's literally hundreds of trillions of dollars in the total addressable market, much of which can be come in pouring directly into BTC. So let's break down some more of these numbers. Fundstrat's and Pharrell's projections follow the mid -July forecast from the banking giant Standard Chartered. And guess who is the primary shareholder of Standard Chartered? You guessed it, BlackRock fam. They predict one hundred and twenty thousand dollar Bitcoin price by the end of next year in twenty twenty four. Now, Pharrell's analysis points to a Bitcoin ETF potentially adding an extra hundred million dollars in daily demand. I honestly feel that is conservative, but hey, now why the impending halving will slash the daily mining rewards down to a mere twelve million, quoting them here with a spot Bitcoin ETF launch daily demand will reach one hundred and twenty five million while the daily supply is only twenty five million. The implicit equilibrium price would need to increase so that the daily supply matches the daily demand. Now, equilibrium analysis suggests a clearing price of one hundred and forty to one hundred and eighty thousand per BTC before the halving in April of twenty twenty four. And moreover, Fundstrat envisions the possibility for a BlackRock Bitcoin ETF to become one of the most monumental ETF launches ever. Let's go. Possibly outstripping the QQQ ETF's thirty six billion in first year inflows. I think we crush it personally. The firm is of the opinion that Bitcoin ETF assets might outshine precious metal ETFs one hundred percent. Now that's a market worth two hundred and thirty billion dollars and eventually become a category worth more than three hundred billion. That's a given, right? However, approval for a spot Bitcoin ETF could enable manipulation akin to allegations about precious metal ETFs like gold and silver. A physically backed Bitcoin ETF is expected to boost crypto adoption as well as the prices. There is a chance it could mimic the gold and silver and allowing leverage of fictional supplies Bitcoin to manage futures positions, a .k .a. through derivatives. Now, when the price rises too fast, this imaginary Bitcoin supply could be dumped to tamp the global prices down. But for a while now, Fundstrat has been prophesizing a leap into the six digit territory as far as the Bitcoin price action, though these bold predictions have yet to materialize. Also, keep in mind, back in May of twenty twenty one, David Grider, the firm's chief digital asset strategist, confidently asserted that the target Bitcoin price of one hundred thousand per coin remained intact. Send it. He further envisioned Ethereum scaling to ten thousand per coin, reflecting on the broader crypto landscape. Grider's perspective from two years prior foresaw the entire crypto economy accelerating towards a staggering five trillion dollar milestone. So there you have it. Let me know if you agree or disagree with Fundstrat and their analysts that the Bitcoin price is likely to hit that target of between one hundred and twenty twenty four. That Bitcoin halving in April of twenty twenty four, that would obviously be the calm before the storm. And could you imagine the BlackRock Bitcoin ETF virtually being approved pre halving? That's going to send Bitcoin to a whole new stratosphere, in my humble opinion. I predict that we hit the peak cycle high in twenty twenty five, just considering the history doesn't necessarily repeat, but often tends to rhyme. And I remember the Bitcoin halving of twenty sixteen. It was the year following in twenty seventeen. We hit the high for that cycle of roughly twenty thousand. Then like clockwork four years later from the twenty sixteen halving in twenty twenty, we had the next halving and the following year Bitcoin hit the current all time high of sixty nine thousand. Hence, I'm predicting a multiple six figure Bitcoin price by twenty twenty five. Let me know if you agree or disagree in the comments below. And like I said, I'll read everyone's comments out loud at the end of the show. And with that being shared, fam, now let's discuss our final breaking story of the day. Jack recently Mallers did a podcast episode on his new podcast, Shout Out to Jack. I transcribed it because I find it very valuable. He was also interviewed on CNBC and talks about how hyperinflation will send the Bitcoin price to a million dollars. So here's some of the highlights and my transcription from his interview I have to share with you and then we'll dive into our live Q &A. So here we go. Here's what Jack Mallers had to share in this interview. If silver is going to 1000 X, I will walk into my kitchen right now and I will melt all of my silverware and I will sell it at market. If gold is going to rally, Elon Musk will find more on Mars. This is a super important point. Bitcoin is the only monetary instrument in the history of our species that is fixed. It does not matter how much more demand comes into the asset class because no one will ever be able to make more than it. There are two things I can guarantee you in my life. Number one, that I'll die. And number two, there will only ever be 21 million Bitcoin. And those are the two things that I could only value, which is my life and my Bitcoin. So it is the only fixed supply asset. It is not that complicated. It's going to go up because everything else can be issued more. The only thing that is clear to us and clear to our customers is that you cannot hold and save in dollars anymore. I think there is going to be a new era of the US dollar where inflation will enter and normalize 5, 6, 7, 8, 9, 10 percent. The days of 2 percent inflation are over. The Fed really blew this thing up. You can call it inflation because the CPI is low to nonsense, right? Like the government is going to tell me how the dollar is inflating based upon a basket of instruments like my Netflix subscription or my Caesar salad doesn't actually tell me how well the dollar is doing or how much it's being devalued. Miami real estate does. Bitcoin does. Bitcoin is up over 50 percent this year. You're telling me the dollar isn't inflating. You're out of your mind. I am not listening to that. The Fed and the whole monetary system is based on trust and they constantly, they constantly break that trust. Preach. It would be the equivalent to there's a fire outside of my house. I smell the smoke and someone tells me, no, no, no, no. It's a bunch of teenagers putting on a bonfire. OK, but I hear one police siren. Are you sure it's a bonfire? Yeah, yeah, yeah. It's a bonfire. Now I hear 10 sirens, 100 sirens. My whole community is running out. I'm not going to get up and look outside the window and see what's going on. I don't believe them for a second. You have to be absolutely crazy to believe the Federal Reserve right now. They are full of it. And I don't have to because I own Bitcoin. There is no one that can deflate my instrument. I get to hold it, save in it. I know the monetary policy. I sleep like a baby, like the baby face that I am. I think you are crazy to believe the Fed and these swap lines and treating these assets at par. It is a gimmick. It is a scam. Very powerful words coming from Jack Mallers. Let me know if you agree or disagree. And as you can see, this post is going viral over on X. So be sure to share it and repost it. I greatly appreciate that. Now for some other thoughts regarding predictions coming from Jack Mallers as well. When he was speaking with CNBC's Power Lunch with Kelly Evans, the strike CEO discussed the role of Bitcoin in the ongoing banking crisis. And Mallers is convinced that the Bitcoin price will hit one million dollars per coin fueled by global hyperinflation. According to Mallers, the Fed has tarnished its name by printing more money to save the banking industry, despite claims to reduce inflation to 2 % as I just shared with you. And as such, Mallers expects the Bitcoin price to continue with higher demand and Mallers reiterated the fact that there will only ever be 21 million Bitcoin units, despite the increase in demand. Now, notably Mallers bashed the altcoin industry for being centralized with founders holding massive coins at the expense of the secondary market. And as such, Mallers thinks that altcoins are suitable for speculation and should ultimately be used to accumulate more BTC. Quoting him again here, my overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. The alts are interesting, but a lot more speculative. I use them to accumulate more BTC. So there you have it. Let me know if you agree or disagree with Jack Mallers and his thoughts, what he had to share. Do you think that global hyperinflation will likely send the Bitcoin price thriving to seven figures per coin? Let me know your honest thoughts in the comments right down below, and don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q and A. And I look forward to seeing you on tomorrow's episode. HODL.
Mark Levin
Post Millennial: 77% of Dems Back Biden DOJ's Indictment of Trump
"Let's see ladies and gentlemen, how's the president doing today? Fox Business credit card debt hits one trillion dollars because they want to buy cars and boats. No, because people meet on what they're earning. So they're going in the deep debt, many of you, with credit a card, maybe more than one credit card, and you don't know how you're going to dig out. And unless you off pay it every single month, these banks, these credit card companies or banks, for the most part, going to are charge you usury rates. That's right, usury rates. Twenty -five, twenty -eight, twenty -nine point nine nine
The Breakdown
A highlight from PayPal's Stablecoin is the (Second) Biggest Crypto News Story of the Year
"Welcome back to The Breakdown with me, N .L .W. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Tuesday, August 8th, and today we are talking about PayPal's new stablecoin. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. All right, friends, today we are talking about the big PayPal news, which was announced yesterday, and it hits at what I think is one of the biggest themes of the year, which is TradFi coming into the absolute utter wreckage of this industry after the last year plus of bad behavior and positioning themselves to take over like adults compared to some children who have lost their privileges. We'll get into that a little bit more, though, so first, let's talk about details and the reactions from the community. So PayPal is launching PayPal USD or PYUSD, a stablecoin that is issued by Paxos. It will be fully reserved using bank deposits, short -term treasuries, and other cash -like instruments. Initially, the stablecoin will be only available to U .S. customers. In one of the bigger parts of the announcement, PiUSD is an Ethereum -based ERC20 token. That means it will have compatibility across the Ethereum ecosystem from day one. Customers will be able to transfer the stablecoin between PayPal and Ethereum wallets, person -to -person payments will be enabled, the stablecoin will be integrated into the existing PayPal checkout process, and it will also be convertible into other cryptocurrencies already available on PayPal's platform. Now, while the stablecoin will be redeemable for U .S. dollars on a one -to -one basis, that feature will be intermediated by PayPal. What's more, this is happening right away. The rollout to U .S. customers will happen gradually over the coming weeks. The company also said that support for cross -platform payments with Venmo users will be coming soon. Now, there doesn't appear to be any way to prevent non -U .S. residents from getting access to the stablecoin on Ethereum, but details on that point haven't been made clear yet. There's already a smart contract deployed to the Ethereum network to operate the stablecoin, although there hasn't been any activity so far. PayPal CEO Dan Schulman said in a statement, Now, a stablecoin has been a long time coming for PayPal. The company first hinted at plans for this in early 2022 and obtained a full -bit license from New York State later that year. Indeed, along those lines, pretty much every step of the way, PayPal has gone to pains to ensure their crypto products are well -regulated and authorized. Schulman said that PayPal had extensively discussed their plans with regulators, stating, We are in a place right now in these conversations that people feel comfortable with a respected, well -regulated U .S. financial entity moving into the stablecoin space, and I think it's an important initial move. Put a big ol' pin in that point, as I think it is extremely, extremely telling. In their communications about the news, PayPal highlighted their choice of Ethereum, basically saying that they wanted it to be easily plugged into the existing ecosystem of developers' wallets and Web3 applications as well as exchanges. Now, on the back end, Paxos will be providing all of the infrastructure for the stablecoin and will begin issuing monthly reserve reports starting in September. Walter Hesseert, the head of strategy at Paxos, called this a watershed moment for the stablecoin industry when it comes to regulatory compliance. He noted that unlike some rival stablecoin issuers, Paxos is regulated as a trust company by the New York Department of Financial Services. Hesseert said, The difference is significant because we have a prudential regulator. In our case, you have a regulator overseeing every activity involved in the issuance, including the reserve management. This means no matter where you are in the world, anybody who has this token is protected by the oversight and the rules that are set for us by New York. Now, speaking of Paxos competitors, Circle CEO Jeremy Allaire said of the launch that, quote, It is a strong signal that near -instant, borderless and programmable payments in the form of stablecoins are here to stay. He also said, I'd like to congratulate PayPal and Paxos for the launch of PiUSD. It's incredibly exciting to see such a significant internet and payments company entering the stablecoin space. This is what happens when we start to get regulatory clarity. And with the Payment Stablecoin Act, this can open up a free and competitive market for dollar stablecoin issuers with strong supervision, allowing the U .S. to compete with digital dollars that are uniformly safe, transparent, liquid and supervised to Fed standards. Stablecoin laws are arriving in Japan, the U .K., EU, Hong Kong, UAE, Singapore and the U .S. Customers will know who they are dealing with, and firms that can survive scrutiny by central banks and prudential regulators will thrive. That's the market in 2024 and 2025. Now, staying on this regulatory theme for a moment, Patrick McHenry, the chairman of the House Financial Services Committee, had a strong opinion on the PayPal stablecoin launch and what it foreshadows for crypto in the U .S. He said in a statement, Now, it's notable not only that McHenry has been consistently one of the most steadfast advocates in Congress for rational crypto legislation, but that much of his work over the past 18 months has been focused on brokering bipartisan agreement on what stablecoin regulations should look like. Now, as a little aside, it is pretty remarkable to think about how different this response is as compared to the last time a big tech firm attempted to roll out a stablecoin. I'm referring, of course, to mid 2019 when Facebook announced Libra. That announcement was met with incredible skepticism and Zuckerberg himself was hauled into Congress to explain. Now, there are a bunch of reasons why this is different. One notable one was that Facebook wasn't a U .S. dollar stablecoin, but was a Bancor style basket of global currencies in which the U .S. dollar represented only 50 percent of the reserve. Second, Zuckerberg was planning to set up in Switzerland rather than the U .S. Third, it was Zuckerberg who was already in hot water for different reasons for both the Republicans and the Democrats. And of course, on top of all that, ultimately, Facebook wasn't first and foremost a financial services company, although PayPal is also nominally a technology company. It's never been anything but a financial company. There is also the fact that simply put, we're four years on. That's four years for Congress to have learned about and be able to distinguish between. Moving on, though, let's talk about what the denizens of crypto Twitter thought about this. One of the biggest themes of conversations was talk about potential restrictions, potential censorship and whether this is just a central bank digital currency by another name. Lawyer Sasha Hodler says, I just read the PayPal USD terms of service, full KYC, custody by Paxos, tied to your PayPal login, PayPal can reverse any transactions, claim to be fully backed by actual USD. All the censorship capabilities of a CBDC, but launched by big tech instead of the government. Riot platforms VP of research, Pierre Richard echoed those sentiments, saying so -called stable coins are permissioned fiat corporate versions of CBDC. Mark Jeffrey from Boolean Fund said, so basically the PayPal stable coin is a CBDC wearing tether lipstick. But what about specific concerns? Well, the big one was summed up by Crypto McKenna, who wrote, the PayPal stable coin has the ability to freeze your account and wipe your balance. I assume all payment processors will be forced to implement the CBDC type functionality. Now, others had issues with PayPal specifically. Chairman Burr Bernanke wrote, ah, yes, PayPal, the noble crusading company that stands for free speech, financial access for everyone and free flowing capital. Notably, they've never debunked anyone or frozen anyone's funds for activity they deemed not illegal, but immoral. There's absolutely no cases of PayPal demanking anyone. And when they've accidentally frozen accounts, they've been very quick to resolve the issues and have no track record of simply keeping your money. I can't think of a safer place to put my funds. Obviously, that commentary was being very sarcastic. Now, Bitcoin or Walker writes, can't wait to not use PayPal's new stable coin because I already deleted my PayPal when they said they would steal twenty five hundred from people for misinformation. For those of you who don't remember, that was a policy that was discussed in October of 2022. Now, others are sort of surprised that people are surprised that PayPal would act like a centralized company. Bernals writes, wait, people thought that the PayPal coin wouldn't be centralized? It's a fully backed stablecoin issued by a highly regulated TradFi entity. If you thought they weren't going to ham handedly bake in token freezes, I don't know what to tell you. ChainlinkGod writes, yes, PayPal's new centralized PiUSD stablecoin has centralized admin functions, as does USDT, USDC, USDP and all other pre -existing centralized stable coins issued by trusted third parties. It's not really that surprising, given the regulatory compliance requirements around handling fiat with consumers. Honestly, I'm surprised they actually went with the traditional stablecoin model of blacklist versus a more aggressive model of whitelist. Austin Campbell echoed these themes, saying the New York Department of Financial Services guidance for licensing stablecoins literally spells out that BSA, AML and sanctions compliance is required. This is probably the lightest touch way to do that versus a whitelist or something. The cost of doing business for a fiat backed coin. Former chief information security officer at A16Z Crypto Naseem wrote, I don't get all the fuss around PayPal's PiUSD having a centralized supply management. They are a financial institution whose goal is to make money move faster and more efficiently, not to be decentralized. People need to internalize that blockchains can be very efficient, interoperable rails for many use cases, regardless of the ethos alignment. Technology is rarely used for its original author's purpose, just like mobile phones or the Internet. David Morris from Coindesk puts it really simply, saying PayPal USD will be the most censored and seized centralized cryptocurrency of all time. Not even saying that is a sweeping condemnation. It just is what it is. Shapeshift founder Eric Voorhees agreed, but put a positive slant on it, saying you should assume that all centralized stablecoins can do this. Still, the launch is hugely positive, further helps the world move into crypto and from centralized crypto, people discover and become familiar with decentralized crypto. And that, of course, gets us to the takes about how this is, one, good for Ethereum and two, good generally for crypto mainstreaming. And of course, a lot of that is about scale. Business analyst Ethan Hughes writes, over the last 30 days, Ethereum has peaked at 556 ,000 active addresses. PayPal has 435 million active users and just issued their own stablecoin as an ERC 20 token on Ethereum. PayPal has 782 times more users than Ethereum. If only one percent of PayPal's users onboard to crypto through the stablecoin, that would result in 8x more DeFi users than we have peaked over the past month. Now, I could read one of a million other bullish tweets as well, but you get the idea. And I think it's pretty crisply put. There obviously are big implications if people actually choose to use this thing. Now, still, when it comes to the big themes that we've been talking about this year, I think one of the biggest discussion points are the regulatory implications. Crypto lawyer at Wilkie Farr, Mike Selig, writes, banking regulators have essentially said banks can only issue stablecoins on private blockchains. PayPal will issue its stablecoin on Ethereum. This regulatory arbitrage has to put pressure on Congress to pass a stablecoin bill ASAP. Austin Campbell quote tweeted that and said, I've been saying for a while that stablecoins are coming whether the banking regulators want them to or not. Fighting on the hill of defending a wildly antiquated system that rips off consumers is not going to end well. We need to embrace technology and empowering the end user. Jason Yanowitz from Blockworks writes, PayPal taking on USDC, love to see it. It's easy for regulators to be anti stablecoin when shadowy supercoders create them, less easy when it's major US financial organizations. Get ready for the stablecoin narrative to shift in DC. Now, speaking of a shift, Nick Carter, one of the most careful trackers of Operation Chokepoint 2 .0, definitely sees something significant here. He tweeted, PayPal news is the first positive piece of news I've seen in the Chokepoint 2 .0 category since January. Paxos BUSD was ground zero in terms of extrajudicial coordinated cross agency regulatory harassment. The fact that PayPal was able to get this through with Paxos is telling. Hal Presett, Northrock Digital puts it even more simply, tweeting, Paxos works with finance, send them a Wells notice and shut it down. Paxos works with PayPal. We approve. Clear trend here from US regulators to try to marginalize those they feel are shady bad actors and bring in large US institutions to run the show instead. This has implications for ETFs. And this, of course, gets to what I think is the big, big theme here. The incredibly clear trend right now is that all of the big companies, the big traditional financial institutions who spent the last bull run dabbling and starting to get aware and learning and preparing themselves and who had started to spend the beginning of this bear market building infrastructure, all of those firms saw in the collapse of FTX and the following regulatory response, not a reason to leave the space, but an incredible vacuum in which to operate. The thinking has to be from these players that crypto native institutions and startups had their chance and they biffed it. So now the maturation of the assets and the growth of interest among consumers in them and on the other, the regulatory disfavor of a lot of the institutions that those consumers were dealing with. What's the answer? Of course, it's for TradFi to come in and clean up. It is not an accident that the thing that set off the recent shift in spot Bitcoin ETFs was BlackRock entering the space, the world's biggest asset manager. PayPal's announcement of their stablecoin is absolutely part two of that trend that started with BlackRock's ETF proposal. But in no universe is it the last version of this that we're going to see. Now, ultimately, when it comes to the influence of the PayPal stablecoin itself, it is very easy to do the math on the total addressable market and come away salivating. But at the end of the day, it will be a test as much as anything about whether regular people have uses that they want to use stablecoins for. Is this, in other words, just another stablecoin competitor for the crypto natives, or is it something that brings more people in? For that, we will, of course, have to wait and see, but damn, this is a spicy and significant announcement, I would not sleep on the significance of it. Appreciate you guys listening, as always, and until tomorrow, be safe and take care of each other. Peace.
The Café Bitcoin Podcast
A highlight from Meet Bitcoiners IRL with OrangePillApp and Brian De Mint + Bitcoin News with Caf Bitcoin Crew - August 8th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohle, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. All right. All right. Good morning, all you Cafe Bitcoiners. Good morning, Ant, Jacob, Peter. Shout out to the Bitcoin Veterans handle throwing you an invite, whoever's on that. You got to be on a phone, by the way, if you're trying to do that on a computer, shit's not going to work. You know, the other night, speaking of that, Alex, the other night I was in a space and a seeing on spaces his on his PC. So there's been some kind of upgrade. Well, you can see it. You can see it. No, no, he was joining. He was. I mean, you know, I don't know if he's lying or not, but I mean, I don't know why he would. He said he was talking from his from his PC. That sounds made up. Oh, they're supposed to be rolling that out. I just haven't heard any official actual admission that that is like a live product yet. Yeah, it was it was in a trad fi space run by run by Jaguar. So, you know, I guess it could have been, you know, a liar, but I just don't know why somebody would lie about that. And, you know, they said they were on the they're on their PC talking, you know, and and everybody was commenting. They're like, oh, wow, no wonder you sound so much better. Yeah, I was I was kind of messing with you a little bit. Yeah, I want to dump it. Peter, you're just totally lying. I agree with Alex. What up, y 'all? What's going down? Oh, wait, I just joined the space on my desktop and it looks like there is a mic button now. Well, what? It must be just rolling out like a soft launch to do. I hate all of you. I hate all of you. You're still you're still lying, Peter. Just kidding. I love you, buddy. The best what in the community is banana kit? What? What? What? All right. Good morning, everyone joining us. Welcome to Cafe Bitcoin episode four hundred and seven. Our mission for this show is to provide the signal in a sea of noise to seven billion people on this planet. Why there is hope is this bright orange future that we call Bitcoin today. We're talking about the latest news in the Bitcoin market. There is a bunch later, second hour of the show, we have Brian DeMitt. Coming on. Orange pill app. Jujitsu master, big can energy guy. That's going to be cool. All right, let's dig in. I saw a tweet that was actually kind of sad and I wanted to read it, get some thoughts, get some comments on this. This is from I liked to lurk. And he goes, it's time to stop hoping and just sell my BSB, delete this account, try to return to normal life. I have to accept that I was a complete fool using my savings to buy one point one five BTC for seventeen thousand eight hundred U .S. dollars and then swapping it for twenty five point five BSB. The 20 I have left equals seven hundred and twenty dollars. It's brutal. Did you put that in the nest, Alex? No, I just copied a picture of it and stuck it in my show notes. Why do you want it? No, I just I didn't I didn't hear everything that you said, so I wanted to read it because I was doing something else. Well, the summary of it is this guy got wrecked climbing Mount Stupid. So did he was he around when when when BSB came out and then he he converted all of his Bitcoin to BSB? Is that what happened? No, this sounds like it was after the fork because he bought one point one five Bitcoin for seventeen thousand eight hundred and then he swapped it for twenty five point five BSB. So he fell for it like they conned him. He was one of the victims. There is, I guess, the possibility that he bought that Bitcoin on the way down 2017. The reason I was asking Alex is because there was an interesting Portland HODL had had some really interesting comments on in a space the other day about a guy who was talking about, you know, what happens if there's a fork, you know, blah, blah, blah. And the comment was, well, if there's a fork, you get to own, you know, both of the underlying assets. You get to own whatever the new fork is and you get to own the whatever is the old fork. So there's really there's no risk. His point was is there's no risk to the individual if there is a hard fork of Bitcoin because you don't have to as long as your your Bitcoin is in cold storage, you don't have to convert it. And then you if the new fork turns out to be the where the social where the where the social consensus goes, then you have you already have that asset. So there's no risk involved in that. It was just interesting. The only the only risk is if you sell the wrong one. Well, you don't have to sell. That's the point. You don't have to sell either. That was it. That was Portland's point is that there's no risk because you don't have to sell.
Crypto Banter
A highlight from Altcoin Signal Not Triggered SINCE ETH AT $80!
"We're finally getting some movement in the Bitcoin price, a little bit of movement, quite surprised because this is probably a delayed reaction to what I think is the biggest news of the year for Bitcoin. The PayPal announcement yesterday for me was by far the most important announcement we've had on Bitcoin, much, much, much more important than the ETF news. And we'll talk about what the announcement was, why I think it's so big. And I know the naysayers are going, yes, it's PayPal and they actually launched a CBDC disguised as a stable coin and they have full centralized control. But guys, anyone who's using PayPal already has a centralized currency called the USD in the app and PayPal can do whatever they want. They're just bringing more users onto crypto. And that's what the naysayers don't see. So I'm going to show you why I think it's probably the biggest news of the year for Bitcoin. I'm also going to show you that now is a historical time to buy altcoins. So today, buying altcoins today is like buying ETH at eighty dollars. I'm going to show you the statistics that show that makes it up. Also, if this move in Bitcoin continues a little bit more and when I say a little bit more, we don't need much. We probably need this move to go up to twenty five thousand twenty nine thousand eight hundred. Then I'm going to show you why we're about to get a massive, massive, massive short squeeze. And when the short squeeze, they're going to drive the the prices, the prices way up. And then also what I want to talk about today is the ETF news, because there's this thing on crypto Twitter that the SEC needs to make a decision around the ETF by the 13th of August. Well, breaking news, guys, the SEC doesn't work on any deadlines. I don't give a shit about deadlines. And there's going to be no announcement happening on the 13th of August. I'm going to show you why there's no announcement happening on the 13th of August. So when the no announcement happens and everybody starts to panic, you're going to be smart and say, well, we knew this wasn't actually going to happen. We did. And I'll show you the actual timeline that the SEC does actually have to follow. And then I've got a lot of old coin news for you guys today. I'm going to show you a whole lot of old coin screaming buys, because if now is the best time to buy old coins, if it is really like buying Ethereum at the back door, then which old coins do you actually buy? That is what today is about. So much going on, so much going on. And I think I think I think maybe, maybe, maybe, maybe, maybe some kind of move in the price. I really hope that this move in the price holds. We were talking about the fact that there was no volatility yesterday. Maybe we are maybe that was the turning point. Maybe that was the turning point. So lots to talk about today. Like every day. But I think today is going to be more alphapack than every other day. Let's go, guys.
WTOP
"twenty five" Discussed on WTOP
"Twenty five and fifty five powered by red river technology decisions aren't black and white think red to frank can run coke office into the finals at city the open in rock creek just taking out the defending champion ludmila samson ova in straight sets are now coco golfer face maria sakari for the title tomorrow from rock creek men's semi -snide gregor to mitra versus daniel evans taylor fritz versus talent greeks for is the other semi nationals are holding on to a six three lead at the uh... cincinnati reds top of the night joanna dole got to start he settings he struck out seven had uh... real much success in the event of three run homer but that's we where stand right now six three nationals leading at the reds in the top of the night that's looking for two straight birds met sets tonight uh... at candid yards oriel's winning the opener of the series last night ten to three we're just talking about women's world cup knockout round united states will take on sweden tomorrow morning at five from australia earlier winners from today japan and spain move on frank and ryan w t l p sports ok frank in coming up after traffic and weather former president trump's latest social media post draws a swift response from special counsel jack smith six twenty six when it's time to buy appliances new you want to pay less and you probably think that means heading to a big box store buffer the best applying steels remember bray beats big at brainscarf we start with instant savings that make us competitive everyday then we break out of the box with exclusive package rebates on top of manufacturer
WTOP
"twenty five" Discussed on WTOP
"By long fence save twenty five percent on long fence decks pavers and fences go to long fence dot com today and schedule your free in home estimate it's one ten on w t o p money news with jeff play ball sales force has completed another round of job cuts on top of cutting ten percent of its workforce earlier this year this time it was sales and customer service employees sales force says it will eliminate as many as eight thousand more jobs before the end of this year the dc metro's unemployment rate fell to two point five percent in june the metro area gained about twenty one thousand jobs in june compared to a year ago the dc metro has gained or regained more than eighty one thousand jobs fifteen -year mortgages and stable rate mortgages aren't that much better than thirty year rates right now mortgage bankers associations as the average rate on a fifteen -year fixes now almost six and a half percent the average rate on a 51 arm is currently six and a quarter percent a thirty -year fixes is stuck around six point nine percent right now the dow is down 261 points the s &p 500 is down 53 the nasdaq's down 290 that's a two percent loss jeff glabel wtob news money news brought to you by compassion international families in poverty are facing a global food crisis fifty dollars provides a food kit to feed a family for a month just text the word radio to nine seven six four six straight ahead on wtop our national security correspondent jay jay green weighs in on the additional security ahead of an appearance tomorrow in court federal by former president trump it's 112 every business deserves a great deal that's why for a limited time we're launching the mobile made free event with comcast business internet new and existing customers can get one year of unlimited mobile for free yep you heard that right an entire year free it's our best internet powered by the next generation 10g network and
WTOP
"twenty five" Discussed on WTOP
"At twenty five and fifty five powered by red river technology decisions aren't black and white think red second of steve will start with baseball nationals beaten by the brewers six to four walkie came up with a four run fourth inning didn't help things much for nats pitcher josiah gray he only lasted three and two -thirds innings that was a shortest outing of the year the final game of the series is coming up this afternoon at one oh five over to the american league what a night in houston that's where estrus pitcher farmer valdez became the first left -handed pitcher in club history to throw a no -hitter houston shutting out cleveland two to nothing that was the third no hitter in baseball this season north of the border oriel's won their third straight they crushed the blue jays thirteen to three over to football full pads at commander's practice the fans were back on the sidelines as well head coach ron revera did notice the difference on the field when you throw the pads on you want guys these to prove to me that you know you have some coordination and and as they work together and practice together we're looking for that continuity in the groups whether it be the offensive line or the defensive picking line up where they left off last year and in tennis at the city open number two seated francis tiafoe survived a close scare if you will but did advance with a straight sets win over aslan seven steve drissner w t o p sports all right thanks to you as always one twenty seven on w t o he'll spirit pay dances a local non -profit whose mission is to provide high quality dance programs for local public schools of all ages dance education for kids has been shown to reduce dropout rates improve attendance and academic performance and help students feel a sense of community inspired dance hosts local social dance events in arlington with proceeds going to dance education for students in our local public schools come support a good cause having while fun learn a new skill and meet new people visit in spirit dance inc dot com to learn or coming right up this hour former president trump's congressional supporters close ranks and pledge to go after president i'm mitchell miller today on the hill wclp at one twenty seven hey if you have the time why find not out about the money this is dave johnson i'm talking about a great new feature from jennifer young of jennifer young homes and it's on homes dot com imagine knowing in just a few minutes without having to talk to an agent what your home now could be bought even for if right you are looking for an instant cash offer are you curious what your home is worth in today's market now you can just go to your phone right now and go to jennifer young homes dot com and click the instant home value button it's right there on jennifer young homes dot com can we drill to seven oh three eight one five five seven zero zero good wednesday according morning to august second ledger with this one twenty eight in the morning on wtolp traffic
WTOP
"twenty five" Discussed on WTOP
"At twenty five and fifty five powered by maximus moving one hundred fifty five and steve dresner will start with baseball nationals fell to the burwares six to four milwaukee up came with a four run fourth inning didn't help much for nats pitcher josiah gray who only lasted three and two -thirds innings for his shortest outing of the year the final game of this series will be wednesday on afternoon a one oh five start over to the american league will start in houston where astros pitcher famer valdez became the first left -handed pitcher in club history to throw a no -hitter houston shut out cleveland two to nothing elsewhere around the american league will head north where the orioles won their third straight as they crushed the blue jays thirteen to three baltimore with 16 hits they still remain a game and a half ahead of tampa atop the al east and that's because in new york the rays picked up their third straight win by beating the yankees five to two and tennis action from the city open second seeded francis tiafos survived a bit of a scare will if you but ended up advancing with a seven six seven six win over as long steph steve drusen wtop sports head former president trump indicted in a third case his federal second indictment stay with us for more details at one of the plumber we know have an issue you can't afford to wait no one understands is more than our plumbers water will damage property within minutes same -day service definitely gives our customers peace of mind sunday is just like every other day of week the week for us we don't stop when the other companies do promise of same -day
WTOP
"twenty five" Discussed on WTOP
"Twenty five and fifty powered by red river technology decisions aren't black and white think red steve we won't tell about the one a m dinner sometimes here in the newsroom but what does that do to my five thirty in the afternoon taco dinner tonight i don't even know where i fall into place and i think you're just about but we've got in the middle again it was a good taco dinner we'll start with the national league nats fall to the brewers six to four milwaukee coming up with a four -run fourth inning chose i agree only lasted three and two -thirds innings that was assured the starting year of the final game of the series coming up tomorrow afternoon houston asterisk pitcher farmer valdez became the first left -handed pitcher in club history throw a no hitter houston shutting out cleveland two to nothing third no hitter in the majors this year or else their when third straight they crushed the blue jays thirteen to three over to football full day of pads commanders practice in the fans were back here's w t o p sports director george wallace from with a recap basics training cabin the pads finally came on the intensity ramped up as well another full house here in ashburn crowd definitely loves it when popping in the pads we saw the secondary against the wide receiver one -on -ones and we saw the o -line d -line as well players say camp really doesn't start until the pads come on well now we're in full swing and make sure you follow george's news and from training camp over on w t o p dot com tennis action city open second -seeded francis tiafoe surviving a bit of a scare if you will but he did advance seven six seven six over aslan karate them steve drissner w t o p sport alright steve still ahead here on w t o p president trump has been indicted in a third case this time for his alleged attempts to hold on to power even after the results of the twenty twenty presidential election and another presidential candidate ron de santa's current florida governor still dealing the controversy over some teachings on slavery what isn't isn't being taught about that period in american history your car donation to vehicles for change is worth way more than just a tax deduction vehicles for change repairs and provides cars to worthy families so they may gain and maintain a job most of our recipients are single mothers with small children is virtually impossible for them to navigate life in without addition a we car in train individuals returning from prison to be auto mechanics if you have a car to donate please vehicles donate to for change at vehicles for change dot org your car will be me choices some in life are complicated others thankfully are much simpler like choosing true is one checking there are no overdraft fees lots of practical perks and when your life evolves and account balances grow will perks automatically truest one checking one simple choice truest bank member FDIC traffic and weather on the 8th and when it breaks here on WTOP rich hunter in the traffic center alright if you're traveling 95 on north it's now very slow headed north toward us 17 found within continuing north of the interchange this single file right getting by again trying to get into contact with the down folks at the dot fredericksburg to see if they are going to do stoppages in this one usually don't start that until midnight but we will keep a keep an eye on we will try to effort that information just be aware it is very slow at this point route 1 to centerport parkway a better option than to sticking with 95 on the southbound side for now nothing in your way headed down toward fredericksburg they were scheduled to work southbound south of courthouse road but unclear if that's going to happen what we do know is the internet closed again between our triangle and stafford as a result of overnight work so even when they open them to northbound traffic later on tomorrow morning again initially least at uh... entrances and stafford will be closed uh... to northbound travelers to keep that in mind if you're traveling 66 westbound remains jammed off the beltway to 123 single file right to the work so they're very slow actually I should say single file left getting you by further west on 66 between 123 and 50 should also be down to a single left lane eastbound side as you're approaching past 50 works the in right lane and between 123 and Nutley street you're down to a single left lane again and then eastbound as you cross over the beltway the work zone blocks a single left lane in maryland 270 northbound at clopper road two right pass lanes the work zone Baltimore -Washington Parkway northbound as you approach and pass 175 single right gets lane you by and if you're traveling 50 eastbound inside the beltway two work zones between kennelworth avenue and and the beltway essentially initially getting by its left and then later getting by to the right rich hunter wtup traffic and
WTOP
"twenty five" Discussed on WTOP
"At twenty five and fifty five powered by red river technology decisions aren't black and white think red eleven twenty five steve dresner is here it's all about football mark lewis full team personnel reporting at commander's camp in ashburn the hearing from head coach ron rivera later on this afternoon w t l p sports director and commanders be reporter george wallace will be on hand all through training camp with our extensive coverage and coverage over on w t o p dot com plenty of football news already chance running back sake one barkley has agreed to a new one -year deal worth up to eleven million dollars ten point indeed two million dollar signing bonus is included i love this local story mark former navy linebacker and team captain team captain diego fago what have worked out with the patriots yesterday and now the patriots have signed in terms of the deal weren't announced last year for no sign with the ravens as a rookie free agent was later released in august the six three two hundred thirty patter was a two -time only cc player for the mid shipment and won the mvp award at the twenty twenty two shrine bowl great local story playing and for a bill but belicheck uh... another story but you know there were only two decisions uh... on that ninety man roster so good news coming out of anapolis ut lp sports all right steve up ahead on w t lp we're checking out how well those new fare gates are working on metro rail to stop fare evaders it's eleven twenty six going for how you live today here's craig derasco founder of sundesign remodeling sharing how remodeling can bring family and friends together i think really understanding just because someone's remodeler doesn't they're mean good so that's the type of remodeling but also i think the approach is very different for example i've had some clients were met with and they said i'm meeting with a few remodelers and i'm trying to get some pricing and come to find out that they actually have a quote -unquote bid from someone only to find that they have a contract there are no plans no selections and no trades ever came to the house to look at the electrical systems or mechanical system it's really challenging then because then that contract has all allowances and exclusions in it only to have you liable for any of those overages join sun design at their remodeled home tour event in old town alexandria on saturday july twenty ninth learn how your neighbors are modifying their homes for a better quality of life sundesigning .com for details introducing a completely redesigned dicks experience a reimagined sports destination with an expanded assortment of the latest apparel and footwear styles from nike adidas calia and the north face and the best gear to improve your interactive experiences test your skills inside the hip tracks multi -sport cage or perfect your trackman golf
WTOP
"twenty five" Discussed on WTOP
"Twenty five and fifty powered by maximus moving people and technology forward ben rabies here he just stepped into the booth couple minutes ago it seems that just in a couple of minutes from now ben the women's here in wimbledon again unexpected wimbledon final dan as world number two on jabor taking on the unceded market a bunch of siva bunch of sivan eighty to one long shot before the tournament again she's the first unseeded woman in the wimbledon final since billy jean king in nineteen sixty threes the final from wimbledon coming up momentarily meanwhile the men's final goes tomorrow twenty -three time grand slam champ novak jokovic taking on carlos alcaraz jokovic seeking a record eighth career wimbledon crown perspective from former world number four in current espn analyst james blake you say to put it in context it's impossible there is no context he's distancing himself from the field by so much by the margin that there's there's no real category to put him in we i mean we're looking through the numbers and everyone is is more impressive than the last so jokovic proved why he is so difficult to beat in three out of five sets jokovic having won 45 straight matches on center court at wimbledon baseball first came back from the all -star break nationals in st louis the game last night suspended due to rain they'll it pick up this afternoon just past two with the cardinals leading the nats one nothing in the third inning it will be the front end of a double header so a long day of baseball up ahead for the nats the oriel's 5 -2 winners over the marlins ben bbw top sports thanks ben coming up in just a few moments cbs news at the top of the hour the record -breaking heat continues in the southwest also the actors join the writers on strike and the picket lines both in new york city and hollywood the story coming up eight fifty six introducing a completely redesigned experience a reimagined sports destination with an expanded assortment of the latest apparel and footwear styles from nike
WTOP
"twenty five" Discussed on WTOP
"At twenty five i've been fifty five powered by red river technology decisions aren't black and white think that and here's frank hanrahan it was a tough afternoon for the nationals a club by the philadelphia phillies eighteen to four kyle schwarber remember him former national had a grand slam against his old team mackenzie gore takes a loss rubber match in the series sunday afternoon one thirty five in philadelphia officials uh... took one on the chin losers to minnesota ones at the camp the arts lot of n b a free agency going on in russell westbrook former wizard is agreed on a two -year deal with about eight million dollars to stay with the l a clippers blazers guard damian lillard one of the better shooters in the nba if not the best is requested a trade in the franchise is expected to work to accommodate him as according to several clippers ports heat sixers are the three teams will have interest in exploring trades for a little bit pretty much his time portland is done on the pitch dec united loses at nashville to zip washington spirit fall at home to orlando three to nothing mistakes for delana delladon selected to the to all -star game in the w n b a in las vegas in a couple weeks she won't play those sunday because of a sprained ankle frank and ryan wtop sports coming up on wtop after traffic and violence whether in france is increasing after police are accused of killing a teenager during a routine traffic stop on 126 a sunday morning wouldn't it be great if life came with remote control you know you could hit pause when you needed to or hit rewind like that time you knock at wasps nest or that time you forgot to roll up your windows in the car wash fantastic yeah the remote control would have come in handy then well life always give you time to change the outcome but pre -diabetes does with early diagnosis and a few healthy
Northwest Newsradio
"twenty five" Discussed on Northwest Newsradio
"Two twenty five well just after pat say jack announced he was leaving as host of wheel of fortune the show is named a new host more from abc's jason nathanson syndicated just in radio host and host of american idol Ryan Seacrest has found his next gig he's going to host be the of wheel of fortune in a statement he says he's truly humbled to be stepping into the footsteps of the legendary pat sage act and looks forward to learning everything he can from say jack during the transition and he says he can't wait to work alongside the great vanna white the first we've heard that she'll be staying when say jack leaves which is supposed to happen after this upcoming season jason nathanson abc news hollywood taylor swift's signature is going on like your kingdom a guitar signed signed by the singer was auctioned off as part of the twenty twenty three okay kids chorale auction which benefits children battling cancer and their families the swift signed guitar sold for hundred one twenty thousand dollars bringing the charity's total earnings to one point eight million dollars i'm troy thomas northwest news time to twenty six marina rockinger and here's what's going on sponsored by muckleshoot casino the seattle international festival of improv celebrates forty years and tonight the jewels maze saloon festival show takes place tomorrow is the festival duo showcase thursday a puppet improv show and more it's just a sample of what you're going to experience during improv fest go to unexpected productions website for the full schedule science night for
Northwest Newsradio
"twenty five" Discussed on Northwest Newsradio
"Twenty five till welcome back america to in the morning severe weather over the weekend left at least one person dead nearly a million power at times for today's forecast we check in with acu weather dot com meteorologist carl binsky on sunday there were two hundred ninety reports of damaging wind gusts across the country most of those occurring in indiana michigan and also in parts of the south in fact four tornadoes were reported in central and southern indiana strong storms triggered by a vigorous upper disturbance that's on the move and today there's an enhanced risk for severe weather along the eastern seaboard especially from central new jersey on down to the carolinas so up and down the ninety i five quarter today will be on the lookout for storms that will be capable of producing not only damaging wind gusts but hail drenching dampers and even a few tornadoes a lot of warm and humid air pushing northward along the east will help fuel these storms and essentially will help create the conducive environment for these downpours which could to lead flash flooding across the midwest today things quieting down a bit after yesterday's storms but will still be a few spotty showers early especially around michigan and in the ohio valley in parts of the deep south a few more storms can be expected of today course we've been talking for the past couple of weeks about intense heat across texas which has not gone away there still are numerous heat advisories in excess of heat warnings in effect temperatures soaring well past 100 covered across much of the lone star state in some spots will feel like it's closer to a hundred and twenty on the west coast dry dry weather is expected to prevail in most cases with intervals of clouds and sun in washington and oregon only a few spotty thunderstorms will confined to the northern and central rocky mountains as well as to the northern plains the southwest will be very warm and dry high today in dallas sunny and hot high 104 sunny in nashville i -92 that's the nation's other on macu weather dot com meteorologist carol bovinski it's twenty three before the hour on john out this is america in the morning attorney general merrick garland is denying claims from irs whistle blowers that the justice department interfered with
WTOP
"twenty five" Discussed on WTOP
"At twenty five fifty and five powered by maximus moving people and technology forward let's go to steve fresner and mark holster with baseball coming up later on this afternoon we do have baseball in nats park and after being swept by miami for the second time this season the nats will host st will louis be a four oh five start over on fifteen hundred a m joselle crayon about four and five three point one ninety or aim well the numbers haven't been pretty for the nats they've dropped three so far three and eleven in the month of june and coming up at three fifty five will get a review of today's match up from w t o p state president oriel's are off until tomorrow that's they'll when travel to tampa to begin a series against the rays and it's official hyattsville native francis tiafoe ranked tenth on the a t p men's world rankings marking the first time in his career he's broken into the top ten yes a twenty five -year -old won the stuttgart open yesterday in three cents along with posting his first career grass court title in something that got caught under the radar yesterday in soccer team u s a shutout canada two nil to win the cock a calf nationals league final that was played in las vegas that's a straight third title win for team u s a steve drissner w t o p sports alright steve up ahead on w t o p a possible fawn the chilly relationship between washington and beijing and a submersible used to take tourists to view the titanic has gone missing details on those those stories straight ahead 156. i'm john morgan of morgan and morgan for over 35 years my mission has been to deliver more for our clients today morgan and morgan has more offices more staff and more lawyers any than other injury firm in the world visit for the people .com for an office near you you could throw your flip -flop at a bug ew a bug get it but the chances of actually hitting it over there are statistically it's
WTOP
"twenty five" Discussed on WTOP
"Killed and a twenty five -year -old recruits during a training exercise keep it here for full details on these stories in the it's six forty eight traffic and weather on the eights and when it breaks today dill dying in the w t o p traffic center and nick on the beltway in virginia southbound from tyson's to field on the outer loop the pace slows past arlington boulevard the crash between little return pike and braddock road still blocking the left lanes might be on the shoulder soon but because it's slow the team at five the four ninety express lanes want you to know to save time you can hop on the express lanes now sixty six one slow down it's westbound going to be in centerville a crash reported beyond route twenty nine exit fifty two otherwise congestion the back near one twenty three is manageable eastbound a pocket of congestion in arlington that'll all probably by the top of the hour back on the outer loop it's still slow for about a mile or two leading down to the wilson bridge ninety five north of southbound traffic a little heavy in woodbridge and southbound near garrisonville but major delays northbound in sponsylvania county jam from thornburg and stop and go to mile marker one twenty four the overturned tractor trailer the heavy duty records are working on it only one lane to the left is getting by northbound there on ninety five in maryland on the beltway still couple of slowdowns here and there near bethesda greenbelt in lanham two seventy northbound brief delays passing under one twenty one fifty eastbound a slow but steady pace from baydale drive onto and across the bay bridge traffic's brought to you by the virginia department of health reminding parents that summer is the ideal time to schedule doctor and dental checkups healthy back -to -school details at the age dot virginia dot