40 Burst results for "Twenty Four"
Bloomberg Radio New York - Recording Feed
Monitor Show 16:00 09-26-2023 16:00
"Right now, aviation companies like Lufthansa Technik are using virtual reality training to help their mechanics practice crucial engine maintenance skills, helping them prepare for real repairs. Learn more at meta .com slash metaverse impact. Go back 230 years of history, four and a half percent on the 10 year treasury yield. That's the average. So there you go. Yeah. 200 years? That's interesting because Katie keeps bringing this up. And what's great about it is there's, I don't think there's any way for us to actually check anyone's this because data goes back 200 and something from Taylor something years here. All right, guys, we've got a lot to talk about here. I want to start off with the Dow Jones Industrial Average. It is down about 389 points, around thirty three thousand and six hundred points down about one percent here on the day, but more importantly, a close back below its 200 day moving average. The first time that that's happened for the Dow Jones Industrial Average since May. The S &P 500 lower by about sixty four points or about one and a half percent. It is close getting closer to that 200 day moving average, but we should point out it is now on the precipice of being an oversold territory when it comes to the RSI. The NASDAQ composite down more than 200 points or one point six percent. And the Russell 2000 going to finish lower on the day by about twenty three points or one point three percent. All right. Digging a little bit deeper into the big cap names, the S &P 500. We've got the S &P 500, as you said, remain broad based in terms of selling some four hundred and fifty five names to the downside. Katie, forty six to the upside to unchanged. So really a risk off day. And unless my eyes deceive me, you take a look at the industry groups. Every single one is down. We're talking about twenty four industry groups. Hopefully we'll show them soon. Every single industry in the red bear telecom was your relative best bet, but still down two tenths of a percent. And then you go down the list, some of the biggest loser, there's tech hardware.
WTOP 24 Hour News
Fresh "Twenty Four" from WTOP 24 Hour News
"I seventy into topless about two hours southeast of springfield the truck had been carrying seventy five hundred gallons of ammonia and a plume of it was sent floating into the air causing evacuation those people that were evacuated are now being allowed to return home jeffrey the giraffe you may remember him he's back and one girl i'm a toyz is back the chain is opening new stores six years after filing for bankruptcy its parent company says it's opening up to twenty four flagship brick -and -mortar stores as well as locations in airports and cruise on ships generations of children grew up with the brightly colored stores and its giant mascot jeffrey giraffe the the first airport shop is opening at dallas fort worth international airport in early november or just ahead of the holiday shopping season alison keys cbs news coming up after traffic and whether what is the best way to pay down that debt we face a new share challenge decarbonization to support commercial aviation's pledge to reach net zero emissions by twenty fifty the boeing cascade climate impact model was created this modeling tool identifies the effects different sustainability solutions have on carbon emissions it will take all of us working together for the
The Breakdown
A highlight from How the Crypto Investing Landscape Has Changed
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Sunday, September 24. And that means it's time for Long Read Sunday. 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. Hello, friends. Welcome back to Long Read Sunday. Today we are getting into a topic that relates to maybe one of the biggest themes that we're watching right now, which is capital fun flows and the institutional engagement with the cryptosphere. Now, our piece today comes from Jeff Dorman, the CIO of ARCA, who has some really interesting insights to share about the time that he has been running his fund. The piece is called What I Learned Managing a Crypto Fund for Five Years. And because I am recording my sixth podcast of the day, I am going to enlist a little help from AI me, but I will be back as regular old NLW with some wrap up thoughts at the end. I've been running a crypto fund for one thousand eight hundred and twenty five days. ARCA just achieved a major milestone, reaching a five year track record of managing outside capital in our liquid hedge fund. Five years in any other industry may not seem like a long time frame, but in crypto, we often joke that one crypto year is equivalent to five normal years. And with twenty four seven trading hours, it's not untrue. During these past five years, I have seen many of our peers come and go, leaving a bit of survivorship bias as it pertains to crypto asset management. As chief investment officer overseeing this fund, as well as three others under the ARCA umbrellas, I experienced firsthand the evolution of this industry through good times, bad times and constant innovation. The five year anniversary provided a natural timestamp to reflect upon what I learned about managing money and about the industry. Here are five of the most important takeaways from managing a crypto portfolio for the last five years. In short, investing in these markets is very challenging. One tweak assumptions and risk models. This perhaps goes without saying to any person who has invested in this market, but this is not an easy asset class to invest in. For starters, the frequent booms and busts creates a false sense of liquidity and an often accurate depiction of expected beta and returns. All risk models, expected loss provisions and sizing parameters are based on historical data and correlations, which change incredibly quickly. There is a reason why most funds in this space are early stage venture funds, where many of these real time market related issues are not relevant. For those like ourselves who manage liquid funds, it is a constant game of tweaking assumptions and risk models to interpretation over speed. Contrary to popular belief, just because crypto markets trade 24 seven globally does not necessitate 24 seven trading coverage. Overtrading every tick is costly in any asset class, and the additional hours of crypto trading often try to lure you into more activity. But the reality is that the fragmented global investing landscape actually gives you more time to react to news and information. While there will always be bots and algorithms that react immediately to news, much like after hours equities trading post earnings, these initial knee jerk reactions are often wrong. And since one third of the world is sleeping at any given time, it often takes days for the true market reaction to play out. A correct interpretation of information is much more important than the speed with which you react. Three, careful documentation is crucial. On the flip side, the 24 seven workday does lead to difficulties not seen in traditional markets. In TradFi, even your worst day week eventually comes to an end, giving you ample time to reset and think through decisions while markets are closed without price gyrations clouding or influencing your thought process. In crypto, these natural resets often don't exist. Take the events of Terra Luna, for example. The entire unwind of a 30 billion dollar ecosystem happened within three days, with continuous trading and new information flow over the 72 hour period. We made decisions during this stretch that in retrospect would not have been made with more of a grace period. And we have since learned how to better implement risk management during a future period like this. In hospitals, mistakes don't often occur because doctors are overworked or tired, but rather because of improper handoffs to the next doctor who lacks that full set of information because the previous doctor failed to document fully. Crypto asset management requires similar knowledge, handoffs and documentation for balance between short and long. In debt and equity markets, quiet periods of time, summer holidays often lead to slow grinds higher in price. It is expensive to stay short and dividends and coupons continue to accumulate, adding more buy interest to the market. The opposite is true in digital assets, since the majority of crypto projects accrue value through network activity, slower periods of time tend to slow momentum of an asset. And since most assets have no distribution of cash flows, the cost to short is minimal. As such, negative price action tends to be more prevalent when markets are slow, leading to difficult decisions with regard to hedging and long exposure. As a result, active management continues to trump passive indexes. Rules based passive index strategies simply cannot keep pace with the innovation and changes to these markets. Similarly, these indexes can't take advantage of the volatility, which creates quite a bit of alpha. Over time, this will likely change as the market matures, but we're not there yet. Building a good team is fundamental for success and incredibly challenging. I've worked for seven different financial firms over the past 25 years. I've seen thousands of resumes and have interviewed hundreds of people. I've worked personally in just about every financial department, banking, trading, research, sales, business development. If a TradFi Wall Street firm asked me for a candidate, I could find them one pretty easily that best fits their needs. Five, hire people passionate about the industry. But what are the best attributes and qualifications for a research analyst in crypto? What makes the best trade ops person? Who is best suited to handle investor relations? These are still not easy questions to answer in crypto. During the first few years of our fund, we took what we could get, which is to say, whoever wanted a job. The pay sucked, the hours were long, and the future was very uncertain. Anyone who wanted a job in this industry in 2018 shared a true passion for blockchain success and was willing to learn any part of the job necessary to succeed. Most people who joined this industry pre -2020 are still working in this industry, and their job responsibilities evolve in real time. But in 2021, I could have handpicked any person I wanted from every major bank, brokerage, and hedge fund, who all had zero crypto experience but saw big money ahead. The resumes were pouring in. Many of these employees didn't work out. In 2023, we're back to the passionate souls who will do anything to work in this industry. Six, everyone wears multiple hats. This is a very hands -on business where research analysts have to test functionality of applications, challenge status quo financial modeling, and network live with other industry veterans at conferences. Traders have to navigate back and forth from US macro to Asian currency markets to crypto -specific on -chain wallet movements depending on the current correlation du jour. Back office employees have to test new service providers every three weeks to keep up with changing regulation, best practices, and LP demands while navigating constant bankruptcies, closures, and hack attempts. The common denominator seems to be a real willingness to test new theses. If you give 10 equity analysts the same inputs, they will give you largely the same answer and will present the same homogenous modeling techniques to arrive at this answer. If you give 10 crypto analysts and traders the same inputs, they will most likely give you 10 different answers using entirely different analyses. That's refreshing and often leads to outsized alpha, but also creates challenges when it comes to creating a repeatable formula for success. Seven, trade ops is the most important department. When I worked at credit and equity funds, the back office was overlooked. They were usually young kids eager to move into a real trading role as soon as they could. The job was basic blocking and tackling. Make sure trades settled, make sure your brokerage statement was accurate, and make sure the fund admins did their job. Compliance teams were there simply because they had to be. We all knew the rules, we obeyed them, and if there was any doubt, we checked with compliance but knew the answer would be, don't do it. We should be so lucky in crypto. Trade operations is the single most important job in crypto. You have to touch the assets every single day and a single mistake could cost the firm millions of dollars. As a result, not only do these need to be the most trustworthy people in the firm, but they need to build redundancies that can still operate even if they themselves vanish. Getting into a trade ops role is more glamorous than getting out of trade ops, and those who build their careers in this subset of the fund business end up learning the most about blockchain. Similarly, compliance is not an afterthought in crypto. Unlike in TradFi, it cannot be assumed that your employees know the rules, as most come from completely different backgrounds than Wall Street. Constant education and monitoring is a must. Further, a compliance officer can't just read the rules and assume compliance since there are few clear rules to follow, despite Gary Gensler telling us otherwise. To do your best as both a fiduciary and a law -abiding company is a Herculean effort. 8. The sell side is getting better. In traditional finance, the sell side offers a pretty valuable role. They underwrite new transactions, create novel financing ideas, advise companies on how best to participate in the capital markets, facilitate trading in existing securities, write research on new and existing securities, and pass along market color between participants. Both full -service investment banks and niche broker -dealers exist, but regardless of whether you use a one -stop shop or piecemeal the services with multiple firms, the services themselves are all covered. While the sell side is getting better in crypto, it is still incredibly fragmented and many of these services still do not exist. As a result, fund managers are often on an island, forced to manufacture its own deals, structure its own financings, and do its own research from scratch. Written research from OTC trading shops has greatly increased in volume and improved in quality, providing a necessary channel check on the state of the markets. But the trading itself continues to be very exchange -based, black box, and therefore lacks natural axes between investors. Trading color about flows and activity has improved, but there are fewer market participants to glean information from. There is still no full -service investment bank, and in fact, true investment banking services for underwriting and advisory of token launches is probably the biggest white space going forward. I'm constantly shocked at how few well -known Wall Street capital markets tools are utilized within crypto. Most token launches are doomed from the start. From low float, high fully diluted valuation, FDV token launches, to direct listings at insane prices, to poorly written tokenomics, token issuers, who are often developers and lack financial knowledge, continue to have to come to market without the assistance of those who know how to do this best, which subsequently leads to worse investment opportunities for asset managers. Some service providers are getting a lot better, like Custody Solutions, OTC Trading, and Options Liquidity. Still, others are getting worse, like fund admins and auditors, who in the wake of FTX are pulling back from these offerings. On the tech and research side, it's amazing that Bloomberg's crypto services continue to be irrelevant. The coverage list, their index, and all functionality is still from 2017 and does not take into account how much this industry has grown and evolved. Fortunately, newcomers like Nansen, Masari, Glassnode, Dune Analytics, Telegram, and others have innovated fast enough to take this corner, and we are grateful for these companies. It is entirely possible to run a crypto fund in 2023 without ever logging into a Bloomberg terminal. Overall, fund management is still challenged by the lack of sell -side tools. As the sell -side improves, so will the number and breadth of funds. 9. The investor base is getting smarter. When we began our fund five years ago, we knew the educational journey for prospective LPs would be slow. We were learning constantly as we invested and doing our best to educate interested investors in real time, but it was not practical to expect anyone who wasn't focused full -time on this industry to keep pace. Questions from prospective LPs tended to focus more on how we invest versus what we invest in, and there was definitely a bit of a leap of faith by investors. Fast forward to today and the script has completely flipped. LPs are getting much smarter about the asset class and the investment universe, thereby asking better questions. In some cases, the LPs now know more than we do as they are exposed to different areas of the industry that may not be in our everyday focus. That said, the amount of bad information that continues to flow effortlessly through the media and influencer accounts continues to reach LPs as well, often surprising us in regard to certain topics of interest that we deem irrelevant, but our investors believe are topical. As investors start to become more digital asset savvy, they want far more control over investments and specificity has increased. Asset managers in this space have launched highly specialized funds based on investor demand, including DeFi focused funds, NFT funds, etc. Many asset managers, including ARCA, have started creating funds of one inch that allow for more specificity, but provide the professional team to manage the investments. In 2018, if you asked us, we would recommend going with a professional investor, but as information is more readily available and UI UX of projects get better, we encourage retail investors to research and invest. However, to generate alpha where information asymmetry exists, it's still valuable to have professional fund managers who can take advantage of the 24 -7 news cycle, market volatility, and a murky regulatory environment. Overall, running a fund in this new and innovative space has been incredibly rewarding and we look forward to the next five years. Fund managers will continue to straddle the line between becoming more TradFi -like and adopting best practices of Wall Street, versus finding ways to take advantage of crypto -only opportunities, yield farming, airdrops, testing new applications. The most important factor for success in the digital asset space is faith in the future. We have to believe we are at the frontier of building a new financial system that has the capacity to transform society. While we fully expect bumps in the road and pushback from incumbents benefiting from the status quo, we know that as long as we continue to move forward, fight for the necessary changes, and adapt as needed, this industry will succeed. Okay guys, back to regular old non -AI NLW. The thing that stands out to me after reading that article, as trite and as cliche as it sounds, is just the how early we are theme once again. Every cycle it feels like we see it as the mass flow of new institutions into the space and to some extent it's true. We obviously got a lot more market participants from the traditional sector last time around than we had before. It feels, however, now that we're inching ever closer to a period in which those traditional actors aren't just tourists, but are long -term participants in the space. Certainly right now you have an interesting jockeying for position where the Blackrocks and Fidelities and Franklin Templeton's of the world are laying the foundation for what seems like a much more proactive end -to -end from the beginning of the cycle on through whatever happens after kind of approach. I've said before and I'll say it again that I think Blackrock's ETF application will mark a significant pivot inflection point of this cycle when we look back at it historically. I think we will see it as a firewall that stopped whatever further slide might have happened and reinforced for market participants that crypto, despite being as down as it was in every sense of the word, was going to come back. And so I think about Jeff's next five years running a fund and how different they'll look. The different participants that will make up the market. The different ways in which people will engage. It's pretty hard to imagine from where we are, but it's certainly interesting to think about. Anyways friends, that is going to do it for today's Long Read. I hope you are having a wonderful fall weekend wherever you are. Until next time, be safe and take care of each other.
WTOP 24 Hour News
Fresh "Twenty Four" from WTOP 24 Hour News
"Authorization but no ukraine aid correspondent tom phoney congress avoided the threatened shut down partial about four government hours before it was expected to happen i have very good news for the country democrats and republicans have come to an agreement and the government will remain open democratic majority leader chuck schumer before an overwhelming bipartisan vote on a bill passed earlier by the house for a forty -five day spending extension senate republican leader mitch mcconnell with just a few hours there the senate is now in a position to prevent a harmful and unnecessary government shutdown which it did tom forty cbs news washington residents in a central illinois town can now go back to their homes after they had to evacuate for about twenty four hours due to uh... an ammonia leak from a truck crash a father and two young kids are among five dead in the accident to topa's fire chief tim mcmahon the tiger was carrying anhydrous ammonia and began leaking it was rollover in the ditch new york city is cleaning up after a record rainfall causing flash flooding throughout the city cbs new york's christie calician from bronxville james sarah lost several appliances when floodwaters reached the basement ceiling of the home he's renting out there's nothing you could do let's had a big umbrella there was little these nearby yonkers residents could do when a mudslide came down on cars in frank the pepe pizzeria parking lot no one was hurt the mudslide came down here picked up the employees cars moved them across the parking lot and damaged them bronxville police report at least one hundred cars were destroyed in friday's floods a day after the third expansion of the u a w strike against the big automakers three president unions john fey makes an appearance on the picket line at toledo's jeep complex these reasons they want to put the fear out there now that that if with what we're at we get what we're asking for is going to kill the companies and kill the business no it's not people have started celebrating for president jimmy carter's ninety ninth birthday which is sunday they attended a public party at the scarlet library in georgia danielle price says she says there's something special with mister carter and i i feel especially honored because i share a birthday with president jimmy carter a week ago the former president and his wife was a little appeared at the plains peanut festival in his hometown one this just in no powerball winner carter which means it now climbs to one point zero four billion bucks this is cbs news you need need to hire indeed is with you every step of the way helping you attract interview and hire candidates all from from one place visit indeed dot com slash credit a m sunday october first twenty twenty three sixty five degrees partly good morning i'm rich hunter the top local stories were following us our of our top story very early this morning congress has taken last minute legislative action to
WTOP
"twenty four" Discussed on WTOP
"Twenty four nine maryland leading at michigan state this is in the uh... fourth quarter about eight minutes left of the trip scored on their first three drives and ever since then they have been sloppy defenses played well to keep the checked twenty four to nine in the fourth quarter trips trying to go to four and over jim tech falls well twenty four seventeen hokeys one of three on the air top twenty five number ten oregon just uh... hammering number nineteen colorado forty two to nothing that's in the fourth quarter will be the uh... first loss for dion enters as head coach of the buffaloes georgetown loses to columbia thirty zip nationals know baseball because the rain the play the braves twice tomorrow split doubleheader that's a drop the first two of the series oriel's up in uh... or how or to get on cleveland right now the birds leading cleveland one is the top of the second d c united says they're gonna try to play this game tonight against the red bulls as of now the game is on scheduled to kick off just after seven thirty from out the field and nfl bangles quarterback joe burrow questionable for monday night's game against the amps because of a calf injury frank and random detail the sports coming up after on traffic in whether heavy rains and winds are on the way for this evening due to tropical storm ophelia six twenty six a full slate of games for in week number three and it's not too late to snap into the action with fandoul america's number one sportsbook this is george wallace and right now new customers get two hundred dollars in bonus bets guaranteed when you place a five dollar bet it's that simple that's two hundred dollars in bonus bets win or lose if you've been thinking about joining fandoul there's no better time to get in on action the than right now the app is so easy to use there's a wide range of betting options that include spreads player props over -unders and a lot more self visit fandoul dot com slash g w and kick off the nfl season that's fandoul dot com slash g w fandoul official partner of the nfl must be 21 and older and present in virginia first online real money wager only ten dollar first deposit required bonus issued is now withdrawable bonus bets that expire seven days after receipt restrictions apply see fee terms at sportsbook dot fandoul dot com family problem call one eight hundred gambler i care first blue cross blue shield we know every business has different needs that's why we bring you and your employees access to a network of over 1 million providers and more care options than ever you also get a partner dedicated to transforming healthcare and doing what's best for the health of business and your community with care care
WTOP 24 Hour News
Fresh update on "twenty four" discussed on WTOP 24 Hour News
"Improvement project is about to start along heavily As WTOP's Sandi Kozel reports in her series, Living with Road Repair, some business owners fear construction may affect their customers getting to the business. Noise and dirt E -tours, lane and sidewalk closures, turn restrictions, relocated bus stops. It's what folks along Columbia Pike have been enduring for years with segment upgrades. Pike is still torn up around George Mason Drive, where Robert Russ works at the Columbia Pike Thrift Shop. Traffic cones or equipment are out there so you can hardly get even into the street. Next phase is from Garfield Street to South Court House Road. Celtic House owner McMahon Michael says he'll lose parking spots out front. People come actually for our food and atmosphere here. Those people won't be inclined to come if it's difficult to get down here. The owner of Rappahannock Coffee hears a lot of customers today at 12 months. And that's even before the big digging starts out front. Right now it's Washington Gas doing separate below the pavement utility work. Sandy Kozel, WTOP News. The Smithsonian's National Museum of African American History and Culture celebrated a huge milestone today. It welcomed its 10 millionth in -person visitor. Museum has been popular very since it opened in 2016. It features several exhibits and a collection of more than 42 ,000 important related items to African American life, history and culture. NBC4 spoke with the lucky visitor, visitor, Marci Williams, who's been to the museum several times. We have a book club meeting in the restaurant and then we were going to tour. So I was getting all excited. Oh, we're going to get somebody to tour us. Williams took home several gifts including a one membership to the museum. In hopes of countering spiking crime artists across the nation's capital, once again engaging with young people. The second night of DC's Art All Night Festival taking place in all of the city's eight wards. It's going on until three o 'clock tomorrow morning. Different so -called activations. Painting, photography, sculpture, crafts and the like will be featured at indoor and outdoor public spaces along with businesses and restaurants. Learn more about it at WTOP .com. Coming up, WTOP's Mitchell Miller with more on today's and tonight's votes on Capitol Hill to avoid a government shutdown. It's free. Count on Karasoft and their reseller partners to support your agency's fiscal year -end IT needs. three With hundred manufacturers and more than five hundred resellers, Karasoft has the technology solutions you need through contracts the and partners you prefer. Plus, Karasoft's fast, federally focused service includes quick turnaround, complete support to expedite order processing, and twenty -four by seven live assistance through Saturday, September 30th. Call Karasoft any time at 888 -66 -CARAH or visit Karasoft .com. Real stories, real people, and real health emergencies. It's the cancer that got into the lymph nodes. From government workers and lobbyists. It's just like sports. There's
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.
WTOP 24 Hour News
Fresh update on "twenty four" discussed on WTOP 24 Hour News
"World's first beer made with AI. Mars uses it to discover new ingredients so does spice company McCormick. Now Coca -Cola is out with Y3000. A Coca -Cola from future the made possible by the collaboration between human intelligence and artificial intelligence. Oana Vlad is Coke's senior global brand director. We do add about 15 to percent 20 let's say of a mystery surprise flavor and in that process yes AI was used. Scanning a QR code on Y3000 leads consumers to a special digital experience. We actually through intelligence artificial were able to create the mood board of what this world of the year would look like. Companies hope AI increases the likelihood that products resonate with an increasingly fickle consumer. From the Bloomberg newsroom I'm Ed Corey on WTOP. it's 841 many for parents the only thing harder than finding good child care is paying for it and things are about to get harder. This week WTOP has been taking a look at child care at a new age. WTOP's John Dolman reporting on how bad things might get. The child care industry is teetering with a persistent problem of high prices for families low wages for early educators and just not enough childcare spots and programs for the demand that there is. And a substantial chunk of the industry could collapse. Says Laura Valle Gutierrez a fellow at the Century Foundation. It's really going to be a problem. It's a very challenging business model to make work. Laura Wheel -Dreyer is the executive director of the Maryland Family Network. Trends that started before the pandemic were only exacerbated by COVID. It forced a quickly declining number of in -home providers to choose between a job that rarely offers benefits and one that might offer signing bonuses and substantially higher wages outside the home. Childcare can't compete with that. Soon the cost and we already pay some of the highest costs here in the country is about to go but up more with federal stabilization subsidies created in 2021 coming to an end this weekend. We're going to see true the impact of the last few years with a lot of closures. Tomorrow we'll hear from a parent and providers who have been in the business for years but for how much longer John dome in wtop news just ahead on wtop breaking news the senate now voting on a bill fund to the government and avoid a shutdown. We'll get live details from cbs news congressional correspondent scott mcfarlane next it's eight forty three count on carrosoft and their reseller partners to support your agency's fiscal year and i t needs with three hundred manufacturers and more than five hundred resellers carrosoft has the technology solutions you need through the contracts and partners you prefer plus carrosoft's fast federally -focused service includes quick quick quote turnaround complete support to expedite order processing and twenty four by seven live assistance through saturday september thirtieth call carrosoft anytime at eight eight eight six six c a r a h or or visit count on carrosoft dot com hello i'm shane canfield c .e .o. of waypah for over twenty years we've worked with wtop to promote our mission of providing group term life insurance to civilian federal employees at waypah we understand the importance of protecting your family's financial well -being and we are proud to offer affordable coverage that is yours to keep no matter where life takes you the high quality the audience of wtop matches well with our target customer and we've seen measurable results advertising we campaigns take pride in our commitment to the federal community and our partnership with wtop has helped us reach more feds and provide them with the coverage they need so if you're a civilian federal employee looking for reliable life insurance coverage visit our website at waypah and .org
Bloomberg Radio New York - Recording Feed
Monitor Show 15:00 09-21-2023 15:00
"The United States Border Patrol has exciting and rewarding career opportunities with the nation's largest law enforcement organization. Border Patrol agents enjoy great pay, outstanding federal benefits, and up to $20 ,000 in recruitment incentives. If you are looking for a way to serve something greater than yourself, consider the U .S. Border Patrol. Learn more online at cbp .gov slash careers slash USBP. That's cbp .gov slash careers slash USBP. Bloomberg Business Week with Carole Masur and Tim Stenebeck on Bloomberg Radio. Look out for that music. That was kind of fun. Joe and Kaylee having fun. Kaylee like bopping it. Yeah, that was cool. It's a great show. You've got to listen to that show. Party on, man. We're going to party on for the next three hours, in fact. Oh, if you're not like along this market, you can party. Hey, where there's a long there might be a short. Okay. Got to remember, right? Welcome, everybody. Bloomberg Business Week on this Thursday, September 21st, 2023. Live in our Bloomberg Interactive Brokers Studio on YouTube and, of course, on Bloomberg Originals. Twenty -four hours, Tim, since that last Fed decision. S &P at its lowest level since June in three months. We're going to talk a lot about the trade today. And yes, equities, but it's really because of what's going on in terms of the inflation picture and really the interest rate picture. Yeah, with that in mind, a lot of focus on the Fed and the rate picture today, including what former St. Louis Fed President Jim Bullard says the Fed may still need to do. Is that does that have something to do with today's moves, Carol? I don't know. I just I woke up to that news.
Inside Out with Tami Michaels
Fresh "Twenty Four" from Inside Out with Tami Michaels
"Itis is not a real disease but treating it has been shown to improve mood reduce fear and even lead to a brighter financial future results may vary newsradio 1000 FM 97 .7 stay connected stay informed from the northwest 24 hour center news I'm Jeff po July here's what we're following on this Saturday a strike may be looming for some 3000 local health workers care they're seeking a new contract from Kaiser Permanente which operates 36 clinics statewide the cost rising of living has made it hard for health care workers and many are leaving the field altogether Carolyn Lucas represents SEIU healthcare workers west the union says local employees will vote over the next two weeks on whether to authorize a strike thousands of other Kaiser Permanente workers across the country holding similar votes their current contract expires at the end of October Kaiser Permanente says in a statement it is committed to bargaining in good faith deliver to market competitive pay and benefits increase security at the Beacon Hill transit station as police are still searching for the man who attacked two passengers with a hammer from a force Jeremy Harris reports police still haven't released any images the of person they're looking for we've been pushing about that issue because we know there are several security cameras here at the platform where that attack happened what we did see here was definitely an increased security presence at the Beacon Hill station we many saw as as five security guards here mayor bruce harrell addressed the attacks and said safety on trains and buses needs to be addressed urgently people they have to get home they have to use these areas as a means of basic transportation and so again sound transit and their security are working with the county and coordinate we're efforts trying to to keep these areas safe we do realize we have a problem that needs to be to be addressed urgently now we've been pushing for answers about what police know about the suspect seattle police say that he got on a northbound train and fled the scene after the hammer attacks deputies tried to find him but weren't able to and jeremy harris como news and seattle takoma national airport set a record fifteen point three million travelers from june to august busy summer season include the busiest day ever in c -tech airport history that happened july twenty fourth nearly seventy four thousand outbound travelers passing through security screening news radio traffic from the traffic continuing center delays on i -90 westbound just east of rainier avenue collision block in the right lane we're seeing moving things slowly from around west mercer way delays of five minutes or so there bellevue to seattle across i -90 taking around five minutes elsewhere on i -5 ever to seattle southbound taking just over forty five minutes settle
WTOP
"twenty four" Discussed on WTOP
"An historic investment he thinks that is critical to the state's nine hundred thousand school children at a time when kids are facing the stresses of the covid pandemic's effect on learning and patient grants have been set aside to provide counseling as well as behavioral health services all communities now let's talk politics on w -t -o -p wednesday morning campaign twenty twenty four a w -t -o -p what will happen to the district represented by virginia credit congresswoman jennifer wexton that is a political question in our area right now this week after wexton recently announced that she is struggling with a rare neurological disorder because of that she said she will not run for reelection next jennifer year wexton has been a strong democratic candidate in northern virginia defeating her republican opponent hung cow in last year's election fifty three to forty six percent she's well -known she's respected for her work so without wexton what will happen to her district virginia political analyst bob holsworth says it's potentially in the competitive category this is the tenth congressional district in virginia including parts of fairfax louden prince william in fauquier counties my guess is that there'll be multiple candidates in that race but at least right now i don't think anyone is going to be talking about that publicly nick lp news you are listening to one of three point Wednesday and good morning september twentieth glad you're with us on wto sports at twenty five and fifty five powered by red river technology decisions aren't black and white think
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"A time of Lectio Divina for the discerning heart. Wednesday of the 24th week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of this day to the Lord. Say slowly from your heart, Jesus, I trust in you. You take over. Become aware that he is with you. Looking upon you with love. Wanting to be heard deep within your heart. A reading from the Holy Gospel according to Luke chapter 7 verses 31 through 35. Jesus said to the people, what description can I find for the men of this generation? What are they like? They are like children shouting to one another while they sit in dirges. And you would not cry for John the Baptist comes not eating bread, not drinking wine. And you say he is possessed. The son of man comes eating and drinking and you say, look, a glutton and a drunkard, a friend of tax collectors and sinners. Yet wisdom has been proved right by all her children. What word made this passage come alive for you? What did you sense the Lord saying to you? Once more, give the Lord an opportunity to speak to you. Jesus said to the people, what description can I find for the men of this generation? What are they like? They are like children shouting to one another while they sit in the marketplace. We played the pipes for you and you wouldn't dance. We sang dirges and you wouldn't cry for John the Baptist comes not eating bread, not drinking wine, and you say he is possessed. The son of man comes eating and drinking and you say, look, a glutton and a drunkard, a friend of tax collectors and sinners. Yet wisdom has been proved right by all her children. What did your heart feel as you listened? What did you sense the Lord saying to you? Once more through him, with him, and in him, listen to the word. Jesus said to the people, what description can I find for the men of this generation? What are they like? They are like children shouting to one another while they sit in the marketplace. We played the pipes for you and you wouldn't dance. We sang dirges and you would not cry for John the Baptist comes not eating bread, not drinking wine, and you say he is possessed. The son of man comes eating and drinking and you say, look, a glutton and a drunkard, a friend of tax collectors and sinners. Yet wisdom has been proved right by all her children. What touched your heart in this time of prayer? What did your heart feel as you prayed? What do you hope to carry with you from this time with the Lord? Let us now close with a prayer to the father that Jesus gave us. Our father, who art in heaven, hallowed be thy name. Thy kingdom come, thy will be done, on earth as it is in heaven. Give us this day our daily bread and forgive us our trespasses as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen. Amen. Amen.
Discerning Hearts - Catholic Podcasts
A highlight from Wednesday of the Twenty-Fourth Week in Ordinary Time A Time of Lectio Divina for the Discerning Heart Podcast
"A time of Lectio Divina for the discerning heart. Wednesday of the 24th week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of this day to the Lord. Say slowly from your heart, Jesus, I trust in you. You take over. Become aware that he is with you. Looking upon you with love. Wanting to be heard deep within your heart. A reading from the Holy Gospel according to Luke chapter 7 verses 31 through 35. Jesus said to the people, what description can I find for the men of this generation? What are they like? They are like children shouting to one another while they sit in dirges. And you would not cry for John the Baptist comes not eating bread, not drinking wine. And you say he is possessed. The son of man comes eating and drinking and you say, look, a glutton and a drunkard, a friend of tax collectors and sinners. Yet wisdom has been proved right by all her children. What word made this passage come alive for you? What did you sense the Lord saying to you? Once more, give the Lord an opportunity to speak to you. Jesus said to the people, what description can I find for the men of this generation? What are they like? They are like children shouting to one another while they sit in the marketplace. We played the pipes for you and you wouldn't dance. We sang dirges and you wouldn't cry for John the Baptist comes not eating bread, not drinking wine, and you say he is possessed. The son of man comes eating and drinking and you say, look, a glutton and a drunkard, a friend of tax collectors and sinners. Yet wisdom has been proved right by all her children. What did your heart feel as you listened? What did you sense the Lord saying to you? Once more through him, with him, and in him, listen to the word. Jesus said to the people, what description can I find for the men of this generation? What are they like? They are like children shouting to one another while they sit in the marketplace. We played the pipes for you and you wouldn't dance. We sang dirges and you would not cry for John the Baptist comes not eating bread, not drinking wine, and you say he is possessed. The son of man comes eating and drinking and you say, look, a glutton and a drunkard, a friend of tax collectors and sinners. Yet wisdom has been proved right by all her children. What touched your heart in this time of prayer? What did your heart feel as you prayed? What do you hope to carry with you from this time with the Lord? Let us now close with a prayer to the father that Jesus gave us. Our father, who art in heaven, hallowed be thy name. Thy kingdom come, thy will be done, on earth as it is in heaven. Give us this day our daily bread and forgive us our trespasses as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen. Amen. Amen.
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"A time of Lectio Divina for the discerning heart. Sunday of the 24th week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of this day to the Lord. Say slowly from your heart, Jesus, I trust in you. You take over. Become aware that he is with you, looking upon you with love, wanting to be heard deep within your heart. A reading from the Holy Gospel according to Matthew chapter 18 verses 21 through 35. Peter went up to Jesus and said, Lord, how often must I forgive my brother if he wrongs me, as often as seven times? Jesus answered, not seven, I tell you, but 77 times. And so the kingdom of heaven may be compared to a king who decided to settle his accounts with his servants. When the reckoning began, they brought him a man who owed 10,000 talents, but he had no means of paying. So his master gave orders that he should be sold together with his wife and children and all his possessions to meet the debt. At this, the servant threw himself down at his master's feet. Give me time, he said, and I will pay the whole sum. And the servant's master felt sorry for him, and he let him go and canceled the debt. Now as this servant went out, he happened to meet a fellow servant who owed him 100 denarii, and he seized him by the throat and began to throttle him. Pay what you owe me, he said. His fellow servant fell at his feet and implored him, saying, give me time and I will pay you. But the other would not agree. On the contrary, he had him thrown into prison till he should pay the debt. His fellow servants were deeply distressed when they saw what had happened, and they went to their master and reported the whole affair to him. Then the master sent for him. You wicked servant, he said, I canceled all that debt of yours when you appealed to me. Were you not bound then to have pity on your fellow servant just as I had pity on you? And in his anger the master handed him over to the torturers till he should pay all his debt. And that is how my Heavenly Father will deal with you unless you each forgive your brother from your heart. . What word made this passage come alive for you? . What did you sense the Lord saying to you? . Once more, give the Lord an opportunity to speak to you. . Peter went up to Jesus and said, Lord, how often must I forgive my brother if he wrongs me? As often as seven times? Jesus answered, not seven, I tell you, but seventy-seven times. And so the kingdom of heaven may be compared to a king who decided to settle his accounts with his servants. When the reckoning began, they brought him a man who owed ten thousand talents, but he had no means of pain. So his master gave orders that he should be sold together with his wife and children and all his possessions to meet the debt. At this the servant threw himself down at his master's feet. Give me time, he said, and I will pay the whole sum. And the servant's master felt so sorry for him that he let him go and canceled the debt. Now, as the servant went out, he happened to meet a fellow servant who owed him one hundred denarii and he seized him by the throat and began to throttle him. Pay what you owe me, he said. His fellow servant fell at his feet and implored him, saying, give me time and I will pay you. But the other would not agree. On the contrary, he had him thrown into prison till he should pay the debt. His fellow servants were deeply distressed when they saw what had happened and they went to their master and reported the whole affair to him. Then the master sent for him. You wicked servant, he said, I canceled all that debt of yours when you appealed to me. Were you not bound then to have pity on your fellow servant just as I had pity on you? And in his anger, the master handed him over to the torturers till he should pay all his debt. And that is how my Heavenly Father will deal with you unless you each forgive your brother from your heart. What did your heart feel as you listened? What did you sense the Lord saying to you? Once more through him, with him and in him, listen to the word. Peter went up to Jesus and said, Lord, how often must I forgive my brother if he wrongs me? As often as seven times? Jesus answered, not seven, I tell you, but seventy-seven times. And so the kingdom of heaven may be compared to a king who decided to settle his accounts with his servants. When the reckoning began, they brought him a man who owed ten thousand talents, but he had no means of paying. So his master gave orders that he should be sold, together with his wife and children, and all his possessions to meet the debt. At this the servant threw himself down at his master's feet. Give me time, he said, and I will pay the whole sum. And the servant's master felt sorry for him, and he let him go and cancelled the debt. Now as this servant went out, he happened to meet a fellow servant who owed him one hundred denarii. And he seized him by the throat and began to throttle him. Pay what you owe me, he said. His fellow servant fell at his feet and implored him, saying, give me time and I will pay you. But the other would not agree. On the contrary, he had him thrown into prison till he should pay the debt. His fellow servants were deeply distressed when they saw what had happened, and they went to their master and reported the whole affair to him. Then the master sent for him. You wicked servant, he said, I cancelled all that debt of yours when you appealed to me. Were you not bound then to have pity on your fellow servant just as I had pity on you? And in his anger the master handed him over to the torturers till he should pay all his debt. And that is how my Heavenly Father will deal with you unless you each forgive your brother from your heart. What touched your heart in this time of prayer? What did your heart feel as you prayed? What do you hope to carry with you from this time with the Lord? Let us now close with a prayer to the Father that Jesus gave us. Our Father, who art in heaven, hallowed be thy name. Thy kingdom come, thy will be done, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen. Amen. Amen. .
Discerning Hearts - Catholic Podcasts
A highlight from Sunday of the Twenty-Fourth Week in Ordinary Time A Time of Lectio Divina for the Discerning Heart Podcast
"A time of Lectio Divina for the discerning heart. Sunday of the 24th week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of this day to the Lord. Say slowly from your heart, Jesus, I trust in you. You take over. Become aware that he is with you, looking upon you with love, wanting to be heard deep within your heart. A reading from the Holy Gospel according to Matthew chapter 18 verses 21 through 35. Peter went up to Jesus and said, Lord, how often must I forgive my brother if he wrongs me, as often as seven times? Jesus answered, not seven, I tell you, but 77 times. And so the kingdom of heaven may be compared to a king who decided to settle his accounts with his servants. When the reckoning began, they brought him a man who owed 10 ,000 talents, but he had no means of paying. So his master gave orders that he should be sold together with his wife and children and all his possessions to meet the debt. At this, the servant threw himself down at his master's feet. Give me time, he said, and I will pay the whole sum. And the servant's master felt sorry for him, and he let him go and canceled the debt. Now as this servant went out, he happened to meet a fellow servant who owed him 100 denarii, and he seized him by the throat and began to throttle him. Pay what you owe me, he said. His fellow servant fell at his feet and implored him, saying, give me time and I will pay you. But the other would not agree. On the contrary, he had him thrown into prison till he should pay the debt. His fellow servants were deeply distressed when they saw what had happened, and they went to their master and reported the whole affair to him. Then the master sent for him. You wicked servant, he said, I canceled all that debt of yours when you appealed to me. Were you not bound then to have pity on your fellow servant just as I had pity on you? And in his anger the master handed him over to the torturers till he should pay all his debt. And that is how my Heavenly Father will deal with you unless you each forgive your brother from your heart. . What word made this passage come alive for you? . What did you sense the Lord saying to you? . Once more, give the Lord an opportunity to speak to you. . Peter went up to Jesus and said, Lord, how often must I forgive my brother if he wrongs me? As often as seven times? Jesus answered, not seven, I tell you, but seventy -seven times. And so the kingdom of heaven may be compared to a king who decided to settle his accounts with his servants. When the reckoning began, they brought him a man who owed ten thousand talents, but he had no means of pain. So his master gave orders that he should be sold together with his wife and children and all his possessions to meet the debt. At this the servant threw himself down at his master's feet. Give me time, he said, and I will pay the whole sum. And the servant's master felt so sorry for him that he let him go and canceled the debt. Now, as the servant went out, he happened to meet a fellow servant who owed him one hundred denarii and he seized him by the throat and began to throttle him. Pay what you owe me, he said. His fellow servant fell at his feet and implored him, saying, give me time and I will pay you. But the other would not agree. On the contrary, he had him thrown into prison till he should pay the debt. His fellow servants were deeply distressed when they saw what had happened and they went to their master and reported the whole affair to him. Then the master sent for him. You wicked servant, he said, I canceled all that debt of yours when you appealed to me. Were you not bound then to have pity on your fellow servant just as I had pity on you? And in his anger, the master handed him over to the torturers till he should pay all his debt. And that is how my Heavenly Father will deal with you unless you each forgive your brother from your heart. What did your heart feel as you listened? What did you sense the Lord saying to you? Once more through him, with him and in him, listen to the word. Peter went up to Jesus and said, Lord, how often must I forgive my brother if he wrongs me? As often as seven times? Jesus answered, not seven, I tell you, but seventy -seven times. And so the kingdom of heaven may be compared to a king who decided to settle his accounts with his servants. When the reckoning began, they brought him a man who owed ten thousand talents, but he had no means of paying. So his master gave orders that he should be sold, together with his wife and children, and all his possessions to meet the debt. At this the servant threw himself down at his master's feet. Give me time, he said, and I will pay the whole sum. And the servant's master felt sorry for him, and he let him go and cancelled the debt. Now as this servant went out, he happened to meet a fellow servant who owed him one hundred denarii. And he seized him by the throat and began to throttle him. Pay what you owe me, he said. His fellow servant fell at his feet and implored him, saying, give me time and I will pay you. But the other would not agree. On the contrary, he had him thrown into prison till he should pay the debt. His fellow servants were deeply distressed when they saw what had happened, and they went to their master and reported the whole affair to him. Then the master sent for him. You wicked servant, he said, I cancelled all that debt of yours when you appealed to me. Were you not bound then to have pity on your fellow servant just as I had pity on you? And in his anger the master handed him over to the torturers till he should pay all his debt. And that is how my Heavenly Father will deal with you unless you each forgive your brother from your heart. What touched your heart in this time of prayer? What did your heart feel as you prayed? What do you hope to carry with you from this time with the Lord? Let us now close with a prayer to the Father that Jesus gave us. Our Father, who art in heaven, hallowed be thy name. Thy kingdom come, thy will be done, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen. Amen. Amen. .
The Café Bitcoin Podcast
A highlight from Bitcoin News with the Caf Bitcoin Crew + Panties for Bitcoin - September 6th, 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. So that's the first time I played that, I think, for one of the live shows. Volume OK? Volume was pretty good, Alex. It had a couple of dips, but overall, it hit good. All right. Cool, cool. Good morning, everybody. Good morning to all of you Cafe Bitcoiners, Dom Bay, Mickey, Tomer. Good morning. I haven't seen you in a little while. How are you? How are you doing? I'm doing good. Yeah, it's nice to connect again. You were on vacation. I was on I don't know, I wasn't on vacation, but I was doing some stuff that was keeping me quite busy and a little bit away from the show. But and maybe you weren't on vacation, but you were away. Who knows? Nice to hear your voice again. Nice to be in dialogue. Let's see where today takes us. Yeah, I mean, officially it was classified as vacation. But the reality is I was busy as hell, but whatever. All good. Good morning, Peter. How are you doing? Good morning. I'm having a great morning. I've had a great week and unfortunately I won't be around. Well, I might be around tomorrow and Friday, but I doubt it because I'm taking my motorcycle and heading up into the mountains. That's awesome. Elaborate. Elaborate. Let's see, I'm driving east of the Cascades to a city called Chelan, and from there I'm going to we're going to I'm going to spend the night there with a friend. And then tomorrow we're going to head up into the we take a series of dirt roads called the Washington BDR, which is the back road discovery route. It's about 100 miles of dirt roads to the next town, which is Wenatchee. And then the next day we do the same thing to Ellensburg. And the next day after that, we do the same thing to a town called Natchez and then I'll head home. So 300 miles or so on dirt roads should be should be fun on the on the behemoth that I drive. I don't know why I have to have the biggest enduro in the universe, but apparently I've got Napoleon syndrome. I just hear in the background, I was the highwayman along the coach roads I did ride. Nicely done. Alex, you got a response to that? I actually I do. There is some nonsense that we have to get out of the way, so we might as well do that now. By the way, good morning and welcome to everyone. You're listening to Cafe Bitcoin episode 428. Our mission for this show is to provide the signal in a sea of noise and chase the other seven billing people on this planet why there's hope because of this bright orange future that we call Bitcoin. And for the nonsense, here we go. Crowds are coming by the dozens to get an up close view at what some say is a piece of Irish folklore, a leprechaun. I don't want to know what I don't want to go in here to go back home. Sorry, I had to remove Alex from the stage for playing that song, but we'll let him back up. What was Alex up to the last two weeks? I think you got booted, bro. Jerk, I think that counts. I'm pretty sure it counts. Some of you motherfuckers out there owe me five million sets. Let's go pay up. Oh, that's fucking awesome, dude. That's amazing. Oh, that's the funniest fucking thing I've seen in a long time. All right, that took me to get the co -host back. Some of you might be highly confused by this. Just just ignore it. Pretend it didn't happen. For those of you who know, you know, somebody owes me five million sets. Let's go. I'll expect payment by the end of the day. Thank you. You need to publish an address, then I'll wait for them to reach out to me. All right, that's good. Well, congratulations. Don't spend it all in one place. Thanks, man. If they pay, I doubt they're going to pay. They're going to come up with some weasel way to say, we don't know you because you didn't follow the rules because of whatever. I don't give a shit. Yeah, you didn't read the fine print. It said the temperature had to be 85 exactly. Hold on. The best part is, is that you played the game. I mean, come on. That's all you can do, right? At some point, you just got to bow down and play the game. I am bound on a nobody. Fuck that. Good morning, Matt C. How you doing? Hey, all doing well. It's nice to be back from summer vacay. Hope everyone had a happy Labor Day and excited for the fall. It's been good. It's been good. What have you been doing in this sideways crabby kind of market, Matt? Just laughing at how predictable this, let's just call it the fourth quarter before the halving always is. Every single cycle, the weirdest FUD comes out and it's the too long, didn't read it is basically what if the Bitcoin halving somehow breaks BTC every single cycle, new cycle, same FUD. It's just a different reiteration. It boggles my mind just how exact history repeats every four years. But I mean, what are you going to do? Mickey, good morning. What's up? Yeah, so it's like it's kind of like that mining death spiral story that pops up every four years. And I think it just illustrates how little these shit coiners really understand about Bitcoin, because because they get, you know, I get my buddy, I talk about him every once in a while, but he loves ETH, you know, and he'll talk shit to me. But every once in a while, he'll text me with just like the most insanely basic question about Bitcoin. And it's like, oh, dude, I thought you were like the crypto expert. I thought you were Bitcoin. I thought you understood everything, but they don't. They're just fed these these narratives from these influencers who are sort of obviously grifting to most of us. But yeah, it's just it's just dumb shit. So, I mean, the minor death spiral is pretty easily fixed by a couple of difficulty adjustments. And then, boom, the day is saved. It's not even it's not even that it's so this is the perfect place to talk about this because you can't explain it in a tweet or two. But what we're watching is the most competitive race of accruing hashrate, increasing your efficiency and putting your competition out of business. You you you're right. You might have the weaker miners that go out of business after the twenty twenty four, but you have the big players that have never been more profitable today. Names that you know of, like Riot, Marathon. These guys are sitting on 60, 70, 80 percent margins today. And you ask, like, well, how is that possible? It's because they keep slamming on the latest and greatest Bitcoin miners that are twice as more powerful and efficient and profit generating as the previous generation. So you're literally putting your competition out of business. You don't have to hire tons of new people or more administrative costs just for putting a couple more computers online. Your only your only impediment is energy costs. But these smart players, they they set their deals in terms of years, three years, five years. And if they're in Texas, they get energy credits just for shutting off. So it's such a it's a nuanced, complex conversation. And you're right, like grifters, crypto influencers, they prey on that FUD, that fear that a new person just doesn't understand. Like, well, I read that if Bitcoin doesn't hit 50K by having all the miners are going to, you know, go bankrupt, it's like that's so there's so much wrong with that and it's impossible to explain in just one tweet. Tomer, do you have any thoughts here? Is there a lot of that FUD going around more than usual or are we more sensitive to the relatively same amount of it that's going around because it's kind of a bear market and it's dull and and the halving is indeed coming up. So we're taking it a little more seriously. I don't actually know. I'm I'm a little bit surprised to hear this because I would say it's hard to put your finger on the timing because you forget, but all this talk of security budget and whatnot seemed like it was a conversation that was maybe at the beginning of this year, if my memory serves correctly, and then it kind of went away because the Bitcoin price went up and the fees went up to use Bitcoin. So it suddenly seemed like the security budget, which is made up, fallacious concept, went away. But it sounds like it's coming back. I think there's always there's always a lot of confusion about Bitcoin and there may always be, but certainly because it's so new, because so few people understand how it works, because it's got so short a history. There are people who are going to try to take advantage of that by intentionally spreading false information. There are people who are going to be honestly mistaken and honestly confused and have pretty rational sounding arguments for why they genuinely believe something is is wrong with Bitcoin. And the only thing that proves them wrong is that Bitcoin keeps functioning exactly as designed. And I think this is really this kind of gets me going on where the whole altcoin space always comes from. All these forks of Bitcoin, the overwhelming majority of altcoins are just copy paste code of Bitcoin and change a few variables and see where it goes. Or they've gotten a little bit more sophisticated since because all of those have died out. But it's really like, why bother? What what's your hypothesis as to what's wrong with Bitcoin that needs to be fixed, especially if Bitcoin is offering itself, presenting itself as money? I think other coins came into existence and tried to offer different things, but wouldn't let go of the fact that like, oh, and we're also money like Bitcoin. And they weren't money like Bitcoin. So they they ended up suffering from this tremendous identity crisis, which still devours them. But I'm kind of going off on a few different tangents. Happy to pick up anywhere without trying to confuse the conversation too much. I see lots of hands up.
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.
The Dan Bongino Show
Rob Smith: The Importance & Reality of the Black Vote
"Thoughts on that? Well, yes. So, you know, I got and I got a lot of pushback on Twitter last week because basically what I was saying is I'm seeing all these people talking about, you know, that Republicans, whether it's Trump, Defantis, whoever, is going to get thirty forty to forty percent of the black vote in twenty twenty four. And I said, look, guys, like you need to bring this down. This is virtually impossible, number one, because the infrastructure is not there in order to make this happen. OK, we heard a lot of this stuff in twenty eighteen to twenty twenty. I'm somebody that gained a lot of prominence as a that black conservative was basically saying, OK, I left the left. This is what's going on in the community. This is what could possibly happen in twenty twenty. And the thing about it is, is that it just didn't happen in twenty twenty. OK. And so my argument is not with people like you that are conservative commentators that are saying, you know, we want the black vote, we're welcoming the black vote. I think my argument is that the swamp will literally tell people that they're going to get 30, 40 percent of the black vote and they'll have all the little surrogates saying this stuff while they do absolutely nothing to get it. And so my beef is really with the swamp. It's a hustle we've and seen it all before. And so instead of saying, OK, what happened in 2020 is the black vote went from eight percent up for Republicans in 2016 to 11 percent in 2020. Right. So black people just did not show up for Trump in 2020. And I'm not saying that Trump was not doing things. Of course, he was doing everything. He did the platinum plan. I was literally in the Oval Office with Trump. I was on the campaign intro. There were some real things that were happening and black people still did not show up. And after 2020, when they didn't show up, none of that infrastructure remained there in order to say, OK, well, we didn't get it what we wanted in 2020. Let's make sure we get it in 2024. All of that stuff went away, Dan. Be black for Trump centers all across the country. That went away. All that outreach went away. And now these people are trying tell to me that there's going to be 30 to 40
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1384: I Bet Bitcoin Exceeds $100K By This Date - Adam Back
"Welcome, everybody, to another episode of Crypto News Alerts. In today's show, we'll be discussing the altcoins having dumped the most weekly while Bitcoin stalls at twenty six thousand dollars, as well as Arthur Hayes says that Larry Fink and BlackRock are coming for Bitcoin and the crypto industry. I'll be explaining how. We'll also be discussing BlackRock secretly buying Bitcoin and nobody knows about it. In fact, BlackRock is a major shareholder and for the five most major Bitcoin mining companies, we'll also be discussing that the SEC needs to take the win and approve this BlackRock Bitcoin ETF as the world's largest asset manager looks to offer a spot Bitcoin ETF in the US. Regulators have little choice, but to approve it, we'll also be discussing Europe's first spot Bitcoin ETF now listed on the Euronexts Amsterdam Exchange. That's right. And less than a week after the SEC delayed its decision on a spot Bitcoin ETF approval in the United States. We'll also be discussing why Bitcoin will likely hit one hundred thousand within the next six months before the Bitcoin halving, as well as Bitcoin O .G. Adam back. That's surprising. Some of Bitcoin smashing one hundred thousand dollars as well before the halving. Now less than six months away, quoting Adam back here. The bet is on. I bet Bitcoin reaches or exceeds one hundred thousand dollars between now and the halving. March thirty first twenty twenty four. 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.
Bloomberg Radio New York - Recording Feed
Monitor Show 16:00 08-24-2023 16:00
"In the market, but you're not seeing it turn the S &P or even the socks in the way you want it. In fact, you're seeing just the opposite. Now, this could just be a one day move, right? But let's see what this one day means for investors as they think about their AI bets moving forward. Right. Or it could be a resumption of the previous three weeks in which there was a lot of weakness for the big winners, notably the big tech names. And of course, as we head into a seasonally weak period, there's a lot of questions about whether this is just kind of a precursor of what's to come. There you have the closing bells and it is read across the screen here. And we're pretty much at session lows for the major indexes. The S &P losing ground here by one point four percent. The Dow Industrial is losing one point one percent. The Nasdaq, the big loser of the day in terms of percentage of decline, one point nine percent loss. And the Russell 2000 small cap companies losing about one and a quarter percent. All right. Well, let's get a check on some of that. We're into it is doing in the after hours right now, having a little trouble pulling it up. But it is a reminder that earnings season is by no means over at this point. Guys, we're still getting plenty of companies reporting, including Splunk yesterday and into it right now. The company is saying that it sees fourth quarter adjusted earnings per share of a dollar sixty five, beating estimates of a dollar forty six. The company is seeing first quarter adjusted EPS of one dollar ninety four cents to two dollars. So that's within the range of estimates. That was one dollar ninety seven cents in the after hours. It is not moving. Fourth quarter net revenue coming in at two point seven billion dollars. That did beat estimates of two point six five billion dollars, moving a little lower unchanged in the after hours. Yeah. Stock is up on the year. It's up about twenty eight percent. So again, maybe in this environment, investors expect a little bit more. Talking about the outlook. Twenty twenty four revenue of fifteen point eight nine billion to sixteen point eleven billion. The estimate is fifteen point nine six billion. So it does look like it's giving some upside in terms of that.
Crypto Banter
A highlight from NEW COVID VARIANT HERE NOW!! (What will crypto do?!)
"I think we all know that this video is going to be shadow banned and probably going to be removed by YouTube. But I'm going to speak my mind here and I'm going to show you what's actually going on because there is talk of a new COVID variant and I want to show you what's going on so that you're up to date and you know exactly what's happening. I know you think I may be blowing things out of proportion, but just just have a look here and tell me what what you make of this COVID is making a comeback this summer. So many of us would like to leave it in the past, but cases are once again on the rise. So when will new booster shots roll out? And Thompson asked the CDC director. So COVID is on the rise, but when will the new booster shot be out? Does that remind you of anything? Does that maybe remind you of of the old COVID, the old COVID lockdowns? What's going on here? What are the what are the the the motives here? Why is this coming back and why is this coming back right now? Is there actually a new variant? What is it all about? We're going to speak about that. We're also going to speak about Bitcoin because look, Bitcoin's under the 26 ,000 level. It's not really an emergency just yet, but the real like emergency I would say is if you look at total three, which is the total alt market cap, excluding Bitcoin and Ethereum, and that is now back at levels of just after the FTX collapse. So this is where the FTX collapse was. And if you look at where total three is, this is where total three is. It's the same levels as it was just after the FTX collapse. Now, the question is, what is the future of of this altcoin market? What's it what's it going to do? What's it going to do in the near future? And speaking of COVID, if you look at the Bitcoin RSI, which is the sentiment indicator on Bitcoin, you can see that the RSI are so oversold that the last time that the RSI were oversold is here at this previous COVID low, which where Bitcoin was 3 ,875. So I mean, is this a coincidence that the two COVID lows are or the two RSI lows was at the previous COVID pandemic, beginning of the previous COVID pandemic? And this one again is at the beginning of the new COVID pandemic. We're going to talk about that. Also, a big day today on the NASDAQ, because today we have Nvidia reporting results. You can see Nvidia has had a huge tear this year. I mean, a lot of people actually talk about this rally being the AI rally and the stock that has led the AI rallies in video and they're reporting earnings today. If the earnings if Nvidia's earnings beat forecast, then NASDAQ rallies and probably continues to rally towards an all time high. disappoints If Nvidia today, then we probably see a 5 % correction in the NASDAQ. And then you're going to get the bears coming out and saying that this is we're entering a bear market. So big day today on the NASDAQ. Also, we're going to cross over to BRICS to see what's happening in BRICS. I know that Vladimir Putin spoke. He spoke about the dollarization. The Brazilian prime minister spoke about the dollarization. So we'll touch on that. And then I'm going to show you some tokens that I'm actually looking to buy. Now, I want to just say I'm not buying yet. I'm getting ready to buy. I'll show you what the tokens are and why I'm getting ready to buy. And I know you're probably looking at this and going, are you crazy talking about buying tokens when the market's like this? But that's what I'm going to show you. I'm going to show you my rationale and my thinking. So lots to do today. Let's get in. How scary to think that the IRS is actually back at pre -COVID levels, that the sentiment is actually back at pre -COVID levels in the last time that this happened, Bitcoin was at three thousand eight hundred and forty dollars. And I think we then had a rally of seventeen hundred percent. Yeah, sixteen hundred seventeen hundred percent rally after the IRS eyes were this low. So I wonder if the pattern is actually going to repeat itself. Also, I wonder if we're going to get lockdowns again. I wonder what the motives are. In fact, I don't wonder. I'm going to show you what I think the motives are for this this new whisper of COVID lockdowns about a year and a bit before the elections. I mean, look, it's definitely coincidental. There can't be there can't be anything else to it. It has to be coincidental. So we're going to talk about that. We're going to talk about the Binance FUD, because I think that's that's something we talk about. Yeah, lots to talk about, lots to talk about. So listen, if you are new to the channel, obviously subscribe, subscribe, subscribe to our channel, the fastest growing major channel in crypto. If you have been here for a long time, you know the show is going to get shadowbanned. I know the show is going to get shadowbanned. We spent the whole morning deciding whether we wanted to actually talk about that. And we decided that we would rather bring you the truth and not get censored. And if we lose views or if the channel takes a bit of a knock, so what? And the only way I can you can help me get out of this is smashing the like, putting positive comments and helping us get completely, completely, completely unshadowbanned. All right. So let's get into the meat and potatoes of the show. So, yeah, let's quickly look at this. So we've got Sheldon was showing me the Bitcoin chart today, showing me something quite scary. I don't know if I if I actually believe him, but he says, look, if you look at where this rally in twenty seventeen, the rally that took us out of this started, you can say the rally in twenty in twenty eighteen actually started in, say, twenty fourth of December. If you look at where this year's rally started, pretty much more or less the same time, twenty third, twenty fourth of December. Then he says, OK, when did we top? When did we top on this? They can let you can say, look, we topped somewhere around twenty fourth of June or near July. And if you look at this, when did we actually top somewhere around June or July? And he's saying, look, we are following this trend. We are following the cycle. If we do follow the cycle, we could have quite a long way to go before we get to the same levels here. And I do think that we are following the cycle. I want to actually show you. So if we look at the pre -harving cycles, I don't think there's anything different in in the cycles. You can see that we have a a downtrend, we have an uptrend, we have a reaccumulation zone. And then as we get to the halving from the halving, we really start climbing. So I don't know if this year is going to be that different. It looks like the cycle, as much as I hate to say it, it does look like the cycle is is playing out very similar, very similar to two previous cycles. We're also getting in the cycle while this is all happening, we are getting the short term holders capitulating. So if you look at the short term holder, the short term holders, they completely, completely, completely capitulated while the smart money is actually starting to accumulate at this level, at this level of the cycle. And what you see now is you're seeing a whole lot of FUD on Altcoin. So no, Benjamin Khan saying, look, there is a chance that, you know, Solana goes back to eight dollars. I've seen the bear saying that that we could go back to to to a Bitcoin price of nine dollars, nine thousand dollars and twelve thousand dollars. Remember that in this part of the cycle, in the bear part of the cycle, the bears get to be right and they get to tell you that they're right just for like a short period of time because bears will keep calling the market down. They'll keep telling you that Bitcoin is going down to twelve thousand and whatever else. And they'll be right for like short periods of time. But long, long periods of time, they won't be right because the market will just continue to go up and continue to go up. So let them enjoy their moment in the sand. I have been actually looking at the rainbow chart now. You know, I mean, initially I was obviously very, very, very skeptical of the rainbow chart. How the rainbow chart works is it tells you whether Bitcoin is overbought over here. Yeah, it's like maximum bubble territory, serious set of FOMO intensifies. Is this a bubble huddle? Still cheap, accumulated by and basically a fire cell. And as much as, you know, initially I was quite skeptical about the rainbow chart. If you look at it over a long period of time, it actually is quite right. And you can see that right now we're entering the we're in the buy zone and we're entering the basically a fire cell. So there's not actually that much panic on Bitcoin at the moment. Sentiment is bad, but it's not like it's not extreme fear. People are scared, but people aren't very, very scared. And that's why I'm not really ready to start buying old coins yet, because I think that there'll be better opportunities. I'm not saying don't start dollar cost averaging, but don't spend all your money now. And the reason why you probably shouldn't spend all your money now is because we're not at the point where people are panicking. People are getting demotivated. People are getting depressed. But remember that that's what this part of the cycle is designed to do. This part of the cycle is designed to depress you. That's why it's called the depression phase. Now, if we are here and we do have this accumulation left to go, I really hope that the accumulation isn't as long as the previous accumulation, because you can see that it took about a year and a half from that point to get to the same level in the last cycle. I don't think we're there, but I mean, you do need to prepare yourself for a marathon and you do need to prepare yourself to take maybe a little bit more losses if we follow the previous cycle. Be that as it may, as I said, I think I'm in the camp of this rainbow chart, which basically says, look, when prices start coming down to the bottom here, when they start reaching this oversold territory, just keep accumulating slowly. But the main thing is stay in the game, because I showed you that I showed you this here. I'll show it to you again. The main thing is that you've got to be here when these one, two, three, four, five days happen and one, two, three, four, five, six days happen and one, two, three, four, five, six days happen. The whole increase in the price of Bitcoin, 100 percent increase was here over 24 days, eight, eight and eight or seven, seven and seven. So I think you've got to be here. You've got to be here when this happens. So don't get demotivated now. Don't give up now. Now is probably the best time to to actually be accumulating. And I'll show you a bit later what it is that I'm actually accumulating and why I'm actually accumulating it, because a lot of people were talking to me about my tweet yesterday. Let's look at the bubbles. Oh, I'm loving the bubbles, Josh, I must say, and actually, to be honest, it's actually not only me loving the bubbles. I see Kasper is down seven point two eight today, maybe getting into my buy zone. Not yet. Not yet. Robert also down six point five three, also not in my buy zone yet. I mean, as I said, I am loving the bubbles. For those of you who don't know, there is a morning banter research call. Just click on newsroom over here. You'll see that we have a call in 17 hours added to your calendar and then you can join our morning research call. Also, if you want to search for a token, like, for example, if you don't know where Solana is, just search and you'll see it actually starts flashing. So we've built that functionality. And I think a lot of people are starting to notice bubbles today and now you can see earlier yesterday who's back streaming, by the way. And I actually I love his videos. So he he was also one of the people that really helped me when I when I started banter. He was one of the guys that like really, really helped me with the channel. So good to see him streaming again. And yesterday on his stream, he actually spoke about banter bubbles. Let's get to a really good tool. This tool was created by Crypto Banter. It's called the Banter Bubbles. And I want to be clear here. If you've been on crypto Twitter or if you follow this industry closely, none of these names will be a shock to you because these have all been talked about a lot on crypto Twitter. I'm not the first person talking about any of these. But one thing I think is really easy is you go to the banter bubbles here and you go ahead and you set it over to the year. And this gives you the highest performing tokens over the last year. And you can also say top one hundred, top two hundred. So good to see that other streamers are actually starting to to notice banter bubbles.
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.
Bloomberg Radio New York - Recording Feed
Monitor Show 16:00 08-22-2023 16:00
"Senior investment strategy at Bank of America, joining us a little earlier. And she talked about NVIDIA being like this macroeconomic event because it's a bellwether for the entire AI industry. It's become a bellwether for the entire AI industry given the kind of reaction that it generated not just for its own stock, but for big tech and anything tangentially tied to AI, right? I mean, we still see it with every company, including the words AI in their press release during earnings season. Well, just about 24 hours ago, until we get those results, you take a look at how markets closed today. The S &P 500, we're going to finish low about three tenths of a percent after that pop we saw yesterday. The Nasdaq composite doing a little bit better, better going to close a hair higher here. Dow Jones, though, the biggest loser today off by about half a percent. Looks like Carol. All right. So we dig a little bit deeper. Katie into the S &P 500. Most names in the index, 305 to be exact to the downside. So certainly a risk off trade, certainly more of that feeling in the broader market. And then, Scarlett, you've got about one hundred ninety four gaining gaining ground today. And so it's definitely geared towards the decliners. And you see that reflected in the industry groups. These are the two dozen industry groups, level two for the S &P 500. And on the downside, you've got banks leading the way lower off by two point four percent as a group on that downgrade from S &P and chip related companies. That's Nvidia right there. The group losing one point six percent. On the upside, tech hardware, that's Apple Telecom Services, AT &T and Verizon and Tesla giving the auto stocks a little bit of a lift. All right, folks, let's get to some of those individual gainers. And lo and behold, Moderna again atop that list. It's number two gainer in the S &P 500, number one in the Nasdaq 100 up two consecutive days. We're talking about a gain of about 12 percent in those days. Still down about 76 percent from its August twenty twenty one high when it traded at forty four a share. It's one hundred and sixteen twenty four at the close.
Simply Bitcoin
A highlight from Why Bitcoin is NOT an Option it's Survival | EP 808
"Yo, welcome to Simply Bitcoin Live, our number one source for the PC. Today we're going to talk about a interesting topic, a topic that holds near and dear to my heart. Bitcoin is just, it's not just an investment, it is not just a, you know, this speculative asset. We have that famous saying in Bitcoin, right, you came for the money, you stay for the revolution. But if you are in the lower and middle classes, if you are in the lower and the younger generations, specifically the Zoomer generation, the millennial generation, your time has been stolen from you via inflation, via the system itself. And today I'm going to make the case as to why not only do you need Bitcoin to survive, but you need Bitcoin to thrive. In yesterday's episode, we covered how the lowest, the amount of money that millennials and Gen Z 'ers need to retire, comfortable retirement, moved from that magic number of a million dollars and it moved up to three to five million dollars. And that will continue to happen under the fiat system in 10 years. I'm sure those numbers will be even higher. What is required to retire? And obviously, right, if you live in a system where the purchasing power of the money that you're earning and saving in is literally designed to lose value, of course that's going to happen. But if you live in an opposite system, if you adopt a Bitcoin standard, something that Opti and I have adopted, something that the country of El Salvador adopted, something that Michael Saylor has adopted, look at all the wonders it has done. Michael MicroStrategy Saylor's has outperformed every S &P 500. The average S &P 500 has outperformed a lot of the tech stocks. It's even outperformed Bitcoin. In Naeem Bukhale's case and El Salvador's case, his bond is the best performing bond of all of Central and South America. Right. Do you think that's a coincidence? The country that adopted a Bitcoin standard is performing as well as it is. It's almost as if, you know, the government is acting on aligned incentives. And I could speak what Bitcoin has done for me personally, adopting a Bitcoin standard about roughly seven to eight years ago, it's going to be eight year, very, very, in my eighth year, very, very soon. I could tell you what it has done for me personally, right? It completely changes the playing field. All of a sudden you have the hope, you have the ability to plan for a better future. So we're going to dive into that today. And what is the alternative? The alternative is a national currency, a political currency, a currency that is designed to steal from you. Right. And at any time this is confronted, what I've noticed is that they just completely ignore it. And I think that the reason that they ignore it in the first place is because they don't have a good answer to that. Right. I've referenced this paper that was written by the U .S. Treasury, which was a response by an executive order issued by the Biden administration. And the name of the paper was called The Future of Money and Payments. And in that paper, in the eyes of the current administration, future of money or payments are stable coins, payment platforms, central bank, digital currencies. And it also made the case as to why you need a government to issue money. But what was not issued in that paper, what was not mentioned in that paper, better said, was Bitcoin. And then you have to start thinking about it like Bitcoin is this insane innovation. It's been made the legal tender of a country. But why can't they admit that the future of like Bitcoin could potentially be, you know, the future of money and payments? Because if they admitted that, they would also have to admit that a currency can exist without inflation. And that is like opening Pandora's box. That is how you get people asking very, very tough questions. That is how you shift the Overton window from this radical concept of inflation has to exist. It's like it's a, you know, law of nature. And you slowly start shifting that Overton window. And again, that's not just the theory. This is happening in real time in Argentina, where the libertarian candidate won the presidential primary. And he has a very good shot at becoming president. And he's saying exactly what us Bitcoiners have been saying for quite a while now. Inflation is theft. Inflation is a hidden tax that not not that many people, not that not only are people not aware of it, people, people, they didn't sign up for it. Right. It's like we already have income tax. We already have to pay income tax. That's a whole other thing that I don't want to get into. But we have all have to pay this hidden tax of inflation so that the governments could, you know, print money and pay for these crazy things, whatever whatever is off the top of their mind. You know, I saw it the other day that the current administration, again, we're not political on simply Bitcoin, whether it's a Republican or Democrat in office, either or they do the same thing. They print money and devalue everyone else's money. But what I saw was that there was this recent catastrophe in Maui, in Hawaii, and they agreed to send over seven million dollars, but they also agreed to send twenty four billion to Ukraine to fight a war that all of that would not be possible. This misallocation of capital, if it wasn't for the money printer, the money printer is the issue. It's not enough to end the Fed. Right. Because when you hear those topics like end the Fed, replace it with the gold standard and the Fed period, just don't replace it or anything, replace it with Bitcoin. Right. A monetary policy that is set in stone that can't be changed by anyone. Rules without rulers. Anyways, it's going to be a great show. Really excited. I want to bring up my legendary co -host, always optimistic. Opti, what are we going to talk about during the culture today? Well, before you is it just that it's actually, I think, well, it's just us until we're in Austin at Bitblock Boom. I'm sure we will corral some friends to give you guys some some extra sauce on the show. And that's why everyone's yelling at us in the chat. Like you guys are late to your own party. We were brainstorming. We're trying to figure out how to get you guys the best content by the end of the week. But hold on. Before I get into what we're doing in the culture. I can tell that you really are passionate about this one, Niko, I can tell by the very illustrious monologue on today's show that this is going to be a good one. And I'm actually doing something similar on the culture today. Again, I just mentioned we're going to be at Bitblock Boom this week. And it really made me think about like, why do you go to these conferences? And most people go not only just to meet Bitcoiners, but to work in Bitcoin. So I'm going to do like an entrepreneur work in Bitcoin thing, kind of a little recap, maybe a little story time on how we got here and what we are doing and hopefully just give people some advice, give them some value and inspire them to also figure out ways that they can contribute, that they can get paid doing what they love. So this is the goal for everything we do here at Simply Bitcoin is to save in Bitcoin, live a good life and continue to prosper. And it's on the same vein. It's just it's a little more less esoteric and more just practical, pragmatic advice on doing and building businesses in Bitcoin moving forward. So I know I'm excited for this one. I've been thinking about this one for the last couple of days. I was going to wait till tomorrow, but I think it might fit better today. So I don't know, it might even turn into an article. I'm still working through it, but I think you guys are like this one. Awesome. Awesome. Also, I want to mention, guys, we do have your back. If you're still trying to if you're interested in going to Bitblock Boom and you want to discount on your tickets, you can use promo code all caps, Simply Bitcoin, and it'll get you a nice discount to Bitblock Boom. Hope to see a lot of you guys there. And for anyone who doesn't know, Bitblock Boom was the first time Opti and I met each other in the flesh, in person. And this was absolutely crazy. This would only happen in Bitcoin land. We actually decided to get a room together to save some money. I was going to bring that up to what we'll talk about later. So, yeah, man, it's I love these conferences. It's good. Look, it's fine talking across the interwebs. I get it. You know, we're all like kind of plugged into this Bitcoin matrix. I get it. But, you know, these in -person events are very, very, very special. The only thing, though, that I would say because I ran into this issue the other day is that, like, I wish people just wore like like like a little lanyard with their Bitcoin, sorry, with their Twitter X .com avatar on it so that I could actually recognize people, because what tends to happen a lot of the time, people come up to me and they're like, yo, Nico, yo, Opti. And I'm like, dude, I don't know. Like, hey, what's up, man? Like, how are you? And they're like, where's your profile pic? I'm in this. I'm this person from the Internet. And I'm like, oh, what's up, man? I've knew you. I've knew you this entire time. So that's really interesting. That's the only recommendation that I would say. Print out your profile pic. Post it. No, no, no, no, don't dox yourself. I don't dox yourself. OK. All right. Then I guess it's just going to keep happening. I don't know. Surprise. Just surprise us. Wait, don't get mad when we're like, wait, who are you? Sorry, bro. I need your profile picture. That's why I said it, because I always feel so bad, you know? And then and then when they tell me, I'm like, oh, what's up, man? How are you? How's everything? Anyways, anyways, it's going to be a great show. Wait, we're getting roast in the chat, Nico. We'll talk about it later. Get in the show. Get in the show. All right, let's do it. Let's jump straight into the numbers.
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.
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"Um... that's closely less clear to me now i don't know how that would play out it but for the linkages you really have to understand what the linkages are yet exactly i mean i'm not quite sure all i know is it's a flurry of headlines i feel like every twenty four hours unbelievable try to keep up with it yeah you try to keep up with you guys we're doing the best that we've got a great team you do have a great team and this is why it's always a must listen and watch uh... daybreak asia it's coming up in just a moment starts right now broadcasting twenty four hours a day and the bloomberg business act is bloomberg radio this is bloomberg daybreak asia for this thursday august seventeenth in hong kong wednesday august sixteenth in new york and coming up today the fed may hike rates again minutes from the last meeting show officials see significant upside risk to inflation officials in china have asked some investment funds to avoid net equity sales as the nation's market crisis deepens and ten cents sales disappoint in a warning for china's tech sector by who will go to maui on monday over one hundred bodies recovered today china defense chief visits russia and belarus congressional leaders strike a deal to hopefully avert a government shutdown i met baxter with global news england beats that's all straight ahead on bloomberg daybreak asia on bloomberg eleven three oh new york bloomberg ninety nine one washington d .c.
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 four" Discussed on WTOP
"Water rates by twenty four percent keep it here for full details on the stories in the minutes ahead where it is now twelve forty eight traffic of weather on the let's gates go to ian crawford in the wtop traffic center let's go to maryland and on the capitol beltway we are five on georgia avenue however southbound that ramp to the inner loop still blocked by the crash and the response on scene on two seventy nothing pending right now between frederick and the lane divide 95 bw parkway uneventful now and fifty across the bay bridge doing the two -way samba on the westbound on the eastbound span i should say one lane in each direction to and from the shore delay without the ride between the bay bridge and the beltway on route fifty nothing pending there either in virginia there is work sixty six westbound after the fairfax county parkway it's blocking the left side and in the express lanes on sixty six westbound pretty much same spot near the fairfax county parkway the right lane is blocked by the overnight work ninety five and three ninety five as far south as fredericksburg no current issues pending in the travel lanes we did have some high speed activity said to be after stanford now with caution watch your mirrors for onrushing police activity southbound on i ninety five on the district side the freeway is uneventful the hot seven scratch offs from the maryland lottery are coming in hot choose from six different scratch offs for the top prize of a thousand to a million dollars day hot with hot seven scratch offs please play ian responsibly crawford wtop traffic and now let's go to seven news first alert meteorologist brian vandegraff not a bad start to your sunday morning with sixties out there through the pre -dawn hours then we're going to look for that temperature to really spike
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"What touched your heart in this time of prayer. What did your heart feel as you prayed? What do you hope to carry with you from this time with the lord? Let us now close with the prayer to the father that Jesus gave us. Our father, who art in heaven, hallowed, be thy name. Thy kingdom come. Thy will be done. On earth, as it is in heaven. Give us this day. Our daily bread. And forgive us, our trespasses. As we forgive those who trespass against us. And lead us, not in too temptation. But deliver us. From evil. Amen.
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"What did your heart feel as you listened? What did you sense the lord saying to you?
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"A time of alexio divina for the discerning heart. Saturday of the 24th week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of the stay to the lord. Say slowly, from your heart, Jesus. I trust in you. You. Take over. Become aware that he is with you. Looking upon you with love. Wanting to be heard, deep within your heart. A reading from the holy gospel, according to Luke, chapter 8 versus four through 15.
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"What did you sense the lord saying to you? Once more, through him, with him and in him.
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"<Music> <Music> <Music> <Music> <Music> <Advertisement> <Speech_Music_Female> A time of <Speech_Female> alexio divina <Speech_Female> for the discerning <Speech_Music_Female> heart. <SpeakerChange> <Music> <Speech_Music_Male> <Speech_Male> Friday <Speech_Male> of the 24th week, <Speech_Male> in ordinary <Speech_Male> time. <SpeakerChange> <Music> <Music> As <Speech_Music_Female> you begin, <Speech_Female> take a deep <Speech_Female> breath <Speech_Female> and exhale <Speech_Music_Female> slowly. <Music> <Music> <Music> <Music> <SpeakerChange> <Speech_Music_Male> <Speech_Male> For the next <Speech_Female> few moments, <Speech_Female> surrender <Speech_Music_Female> all the cares <Speech_Music_Female> <Advertisement> and concerns <Speech_Music_Female> <Advertisement> of the stay <Speech_Music_Female> to the lord. <Speech_Music_Male> <SpeakerChange> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <SpeakerChange> <Speech_Music_Female> <Speech_Music_Female> Say slowly, <Speech_Music_Female> <Advertisement> from your heart, <Speech_Music_Male> <Advertisement> <Music> Jesus. <Speech_Music_Female> <Advertisement> I trust <Speech_Music_Female> <Advertisement> in you. <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Advertisement> You. <Speech_Music_Male> <Advertisement> <SpeakerChange> Take over. <Music> <Advertisement> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Advertisement> <SpeakerChange> <Music> <Advertisement> <Speech_Music_Female> Become aware <Speech_Female> that he is with you. <Speech_Female> <Speech_Music_Female> Looking <Speech_Music_Female> upon you with <Speech_Music_Male> love. <Speech_Music_Male> Wanting <Speech_Music_Female> to be heard, <Speech_Music_Female> deep <Speech_Music_Female> within <SpeakerChange> your heart. <Speech_Music_Male> <Music> <Music> <Music> <Music> <SpeakerChange> <Speech_Female> <Speech_Female> A reading from <Speech_Female> the holy gospel, according <Speech_Female> to Luke, <Speech_Music_Female> chapter 8 <Speech_Female> versus one <Speech_Female> through three. <SpeakerChange> <Speech_Music_Female> <Music> <Music> <Music> <Music> <SpeakerChange> <Music> <Speech_Music_Male> <Speech_Male> Jesus made his way <Speech_Male> through towns and <Speech_Male> villages, preaching, <Speech_Male> and proclaiming <Speech_Male> the good news of <Speech_Male> the kingdom of God. <Speech_Male> <Speech_Male> With him went the <Speech_Male> 12, as well <Speech_Male> as certain women who had <Speech_Male> been cured of evil <Speech_Male> spirits and ailments. <Speech_Male> <Speech_Male> Mary surnamed <Speech_Male> Magdalene <Speech_Male> from whom 7 demons <Speech_Male> had gone out, <Speech_Male> Joanna, <Speech_Male> the wife of Herod <Speech_Male> steward shoe, <Speech_Male> <Speech_Male> susannah, and <Speech_Male> several others who <Speech_Male> provided them out of <Speech_Male> their own resources. <Speech_Male> <SpeakerChange> <Music> <Music> <Music> <Music> <Music> <Music> <Speech_Music_Male> <SpeakerChange> <Speech_Female> What word made this <Speech_Female> passage come <Speech_Female> alive for you? <Speech_Music_Male> <SpeakerChange> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Speech_Music_Male> <SpeakerChange> <Speech_Music_Female>
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"<Music> <Music> <Music> <Music> <Music> <Advertisement> <Speech_Music_Female> A time of <Speech_Female> alexio divina <Speech_Female> for the discerning <Speech_Music_Female> <Advertisement> heart. <SpeakerChange> <Speech_Music_Male> <Advertisement> <Speech_Male> <Advertisement> Tuesday of <Speech_Male> <Advertisement> the 24th week <Speech_Male> in ordinary time. <Speech_Music_Male> <Music> <SpeakerChange> <Music> <Music> As <Speech_Music_Female> you begin, <Speech_Female> take a deep <Speech_Female> breath <Speech_Female> and exhale <Speech_Music_Female> slowly. <Music> <Music> <Music> <Music> <SpeakerChange> <Speech_Music_Male> <Speech_Male> For the next <Speech_Female> few moments, <Speech_Female> surrender <Speech_Music_Female> all the cares <Speech_Music_Female> <Advertisement> and concerns <Speech_Music_Female> <Advertisement> of the stay <Speech_Music_Female> to the lord. <Speech_Music_Male> <SpeakerChange> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <SpeakerChange> <Speech_Music_Female> <Speech_Music_Female> Say slowly, <Speech_Music_Female> <Advertisement> from your heart, <Speech_Music_Male> <Advertisement> <Music> Jesus. <Speech_Music_Female> <Advertisement> I trust <Speech_Music_Female> <Advertisement> in you. <Speech_Music_Male> <Advertisement> <Speech_Music_Male> <Advertisement> You. <Speech_Music_Male> <Advertisement> <SpeakerChange> Take over. <Music> <Advertisement> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Advertisement> <SpeakerChange> <Music> <Advertisement> <Speech_Music_Female> Become aware <Speech_Female> that he is with you. <Speech_Female> <Speech_Music_Female> Looking <Speech_Music_Female> upon you with <Speech_Music_Male> love. <Speech_Music_Male> Wanting <Speech_Music_Female> to be heard, <Speech_Music_Female> deep <Speech_Music_Female> within <SpeakerChange> your heart. <Speech_Music_Male> <Music> <Music> <Music> <Music> <SpeakerChange> <Speech_Music_Female> <Speech_Music_Female> A reading from the holy <Speech_Female> gospel, according to <Speech_Music_Female> Luke, <Speech_Music_Female> chapter 7 <Speech_Female> versus 11 <Speech_Female> through 17. <SpeakerChange> <Speech_Music_Female> <Music> <Music> <Music> <Music> <Speech_Music_Male> <Speech_Male> Jesus went to a <Speech_Male> town called <Speech_Male> name, accompanied <Speech_Male> by his disciples, <Speech_Male> and a great number of <Speech_Male> people. <Speech_Male> When he was near <Speech_Male> the gate of the town, <Speech_Male> it happened that a dead <Speech_Male> man was being carried <Speech_Male> out for burial, <Speech_Male> the only son <Speech_Male> of his mother, <Speech_Male> and she <Speech_Male> was a widow. <Speech_Music_Male> And <Speech_Male> a considerable number <Speech_Male> of the townspeople <Speech_Male> were with her. <Speech_Male> When the <Speech_Male> lord saw her, he <Speech_Male> felt sorry for her. <Speech_Male> Do <Speech_Male> not cry, he said. <Speech_Male> Then he <Speech_Male> went up and put his <Speech_Male> hand on the beer <Speech_Male> and the bearers stood <Speech_Male> still. <Speech_Male> And he said, <Speech_Male> <Speech_Male> young man, I <Speech_Male> tell you, get up. <Speech_Male> And <Speech_Male> the dead man sat <Speech_Male> up and began to <Speech_Male> talk, and Jesus <Speech_Male> gave him to <Speech_Male> his mother. <Speech_Male> Everyone <Speech_Male> was filled with <Speech_Male> awe and praise <Speech_Male> for God, <Speech_Male> saying. <Speech_Male> A great prophet has <Speech_Male> appeared among us. <Speech_Male> God <Speech_Male> has visited his <Speech_Male> people. <Speech_Male> And this opinion <Speech_Male> of him spread <Speech_Male> throughout Judea <Speech_Male> and all <Speech_Male> <Advertisement> over the countryside. <Speech_Male> <Advertisement> <SpeakerChange> <Music> <Music> <Music> <Music> <Music> <Speech_Music_Male> <SpeakerChange> <Speech_Female> What word made <Speech_Female> this passage come <Speech_Female> alive for you? <Speech_Music_Male> <SpeakerChange> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <SpeakerChange> <Speech_Music_Female> What <Speech_Female> did you sense the <Speech_Female> lord saying to you? <Speech_Music_Female> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <SpeakerChange> <Speech_Music_Female> Once more, <Speech_Music_Female> <Advertisement> give the lord <Speech_Female> <Advertisement> an opportunity <Speech_Female> <Advertisement> to speak to you. <Speech_Male> <Advertisement> <SpeakerChange> <Music> <Music> <Music> <Music> <Music> <Speech_Music_Female> <SpeakerChange> <Speech_Music_Female> Jesus went to <Speech_Female> a town called nain. <Speech_Music_Female> <Speech_Female> Accompanied by his <Speech_Female> disciples in a great <Speech_Female> number of people. <Speech_Female> When <Speech_Female> he was near the gate of <Speech_Female> the town it <Speech_Female> happened that a dead man <Speech_Female> was being carried <Speech_Female> out for <Speech_Music_Female> burial. <Speech_Female> The only <Speech_Female> son of his mother, <Speech_Female> and she was <Speech_Music_Female> a widow. <Speech_Music_Female> And <Speech_Music_Female> a considerable number <Speech_Music_Female> of the townspeople <Speech_Music_Female> <Advertisement> were with <Speech_Music_Female> her. <Speech_Female> <Advertisement> When the lord <Speech_Female> <Advertisement> saw her, he felt <Speech_Female> sorry for her. <Speech_Female> Do not <Speech_Music_Female> cry, he said. <Speech_Music_Female> Then <Speech_Music_Female> he went up, <Speech_Female> <Advertisement> put his hand on the <Speech_Female> <Advertisement> buyer, <Speech_Music_Female> and the bears <Speech_Music_Female> stood still. <Speech_Music_Male> <Speech_Music_Female> <Advertisement> And he said, <Speech_Music_Female> <Advertisement> young man, <Speech_Music_Female> <Advertisement> I <Speech_Music_Female> <Advertisement> tell you to get up. <Speech_Music_Male> <Speech_Music_Female> <Advertisement> And the <Speech_Music_Female> <Advertisement> dead man sat <Speech_Female> up and <Speech_Music_Female> began to talk. <Speech_Music_Female> And <Speech_Music_Female> Jesus gave him to <Speech_Music_Female> his mother. <Speech_Music_Female> <Speech_Female> Everyone was filled with <Speech_Female> awe, and <Speech_Music_Female> <Advertisement> praised God saying, <Speech_Female> <Advertisement> a <Speech_Music_Female> <Advertisement> great prophet has <Speech_Music_Female> appeared among us. <Speech_Music_Female> God <Speech_Female> has visited <Speech_Music_Female> his people. <Speech_Music_Male> <Speech_Music_Female> And this opinion of <Speech_Music_Female> <Advertisement> him spread throughout <Speech_Music_Female> <Advertisement> Judea <Speech_Music_Female> <Advertisement> and all over <Speech_Music_Female> the countryside. <SpeakerChange>
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"What touched your heart in this time of prayer? What did your heart feel as she prayed? What do you hope to carry with you from this time with the lord? Let us now close with the prayer to the father that Jesus gave us. Our father, who art in heaven, hallowed, be
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"A time of alexio divina for the discerning heart. Monday of the 24th week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of the stay to the lord. Say slowly, from your heart, Jesus. I trust in you. You. Take over. Become aware that he is with you. Looking upon you with love. Wanting to be heard, deep within your heart. A reading from the holy gospel according to Luke, chapter 7 versus one through ten.
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"Those who trespass against us. And lead us, not in too temptation. But deliver us. From evil. Amen.
Discerning Hearts - Catholic Podcasts
"twenty four" Discussed on Discerning Hearts - Catholic Podcasts
"A time of alexio divina for the discerning heart. Sunday of the 24th week in ordinary time. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of the stay to the lord. Say slowly, from your heart, Jesus. I trust in you. You. Take over. Become aware that he is with you. Looking upon you with love. Wanting to be heard, deep within your heart. A reading from the holy gospel according to Luke, chapter 15 versus one through ten. The
Latest In Tech News
"twenty four" Discussed on Latest In Tech News
"Global shortage in computer chips reaches crisis point. And i really wish that they would just break more into what's actually going on behind the scenes. I get it maybe to some extent. We might not actually know what's going on. But let's hop on into the articles. He what's up. Consumers are facing price rises and shortages of products from. Tv's mobile phones to cars and game consoles as a global shortage in. Semiconductors grows shortage in chips. The brain with an electronic device in the world has been steadily worsening since last year now. Initially the problem was only temporarily in supplies. Factories shut down when the pandemic i hit however although production is back to normal a new surge in demand driven by changing habits fueled by the pandemic means that now is reaching a crisis point car manufacturers investing in tech heavy electric vehicles. Which is okay. I'm just going to make a point to some extent stupid. Gopher hybrid the boom in sales of tv's in home computers launch new game consoles five g. Mobile phones have all driven demand. So we know that demand has been going on an increase to like crazy stupid level that we haven't seen before even a mighty apple a two trillion dollar company in the world's biggest buyer of semiconductors spending fifty eight billion annually was forced to delay the launch of much hyped iphone twelve by two months last year due to the shortage in one of the reasons. Chips are everything says neal camping media in tech analyst at mehrabad. There's a perfect storm of supply and demand factors going on here but basically there is a new level of demand that can't be kept up with everyone is in crisis and it's getting worse for recently canceled shift at two car. Plants and said profits could be hit by up to two point. Five billion year due to chip shortages while nissan is idling output at plants in mexico. Us general motors said they could face a two billion dollar profit hit as well. Meanwhile sony last month along with other console makers has struggled with stock shortages over the last year that it might not hit sales targets for new playstation five this year because of the semiconductor supply issue microsoft's xbox said if forecasts supply issues continuing at least until the second half of the year and then they go on to talk about samsung itself selling fifty six billion dollars of semi conductors to other an consuming thirty. Six billion dollars of them itself finds. It may have to delay the launch of one of its own products as well. They're co chief executive. Who had its mobile business. Unit highlighted a significant issue. Saying there is a serious imbalance in the pecking order of who has Giving the limited supplies of chips so what exactly is going on. While chip shortage looks set to persist for some time yet. It up the two years to get complex semiconductor production factories up and running and manufacturers are in process of significantly raising prices for the second time in less than a year is no sign of supply catching upper demand decreasing while prices are rising across the chain so economically. What does this mean means. Less supply obviously unable to meet demand and prices. Go up because of it. Because that's kind of the only counterbalance that you have to be able to balance everything taken an economics course at the basic level. How things work. So what exactly is going on. It could be that. There aren't enough factories able to produce enough of a supply of semiconductors. One thing i'm wondering though is are there enough materials to be able to construct it. I mean semiconductors aren't really the easiest to make their actually quite complex quite exact in its production of it not to mention you also need to have trained individuals who know how to do it. Do it well Which is a limited supply of as