40 Burst results for "Two Hundred"
Latina to Latina
A highlight from How Rebecca Alvarez Story Built a Sexual Wellness Brand
"Ladies, gentlemen, welcome to the colorful world of Skittles. Skittles brings you a jolt of five fruity flavors in every bite, giving you the chance to taste the rainbow like never before. Break free from the ordinary day -to -day with the help of Skittles chewy candy. Skittles is a must in my candy jar, movie snack, even my secret to an afternoon pick -me -up. And I don't even care who knows it. Add a splash of joy to your day with Skittles. There's nothing better than fruity fun that tickles your taste buds. Taste the rainbow. I've been wanting to talk with Rebecca Albera's story for a while. She is an award -winning entrepreneur, sexologist, and intimate product developer. Three titles that do not often go together. But I'm glad we waited for this moment when, like many of my very favorite conversations, we find Rebecca and her company Bloomy, a wellness brand focused on clean, intimate care essentials, at an inflection point, asking the very familiar question, will what got us here get us to where we want to go next? Rebecca, finally, thank you so much for being here. Thank you so much for having me. I'm glad it worked. I'm so happy to have this conversation. Rebecca, among the things you say about intimacy is that so much of the root of intimacy is unlearning bad sex ed. What was the bad sex ed that you grew up with? My bad sex ed was actually no sex ed to start with. I definitely saw love, and my parents modeled that so well. But in terms of, like, in my community, in my school, did we have sex education? Not really, because it was abstinence -only education in high school. It's wild that someone goes from growing up in an environment that is abstinence -only to, I mean, by the time you are in college, you're very clear that you want to study sex and sexuality. I sit at the intersection of so many things, being Latina, a woman. I was a single mom at that time. I just felt like I could relate to so many people's intimacy journeys. And I wanted to create the spaces where we could talk about it. I didn't know exactly what it was going to look like. But yes, in college, I tell this story, you know, I was apprehensive about sexuality because my first year in college, I was actually assaulted. And I ended up transferring home. I ended up at Cal, a very liberal, very progressive school where I could take so many wonderful classes that were holistic, and I shared with people that it was very healing for me. I had great therapy. I had great all of that. But the education, it just transformed my life. When did it become clear to you that you are an entrepreneur? To be honest, I feel like I've always known this since I was little. I had that spirit of, oh, that should be a business. And why don't we have a solution? I would just see things differently than like the cousins I grew up with, I think. They would joke and say, why do you always have so many ideas? Why are you always so bossy? But it was just little. I was little and I was like taking initiative to create things. Talk me through the evolution of Blumey, because as I understand it, the original idea was a multi -brand marketplace. How did it morph from that concept to a place for education, advice on intimacy with a line of sexual wellness products? I had been in the industry for 10 years. I was working as a consultant for startups, helping them with their product development. And I was coaching both singles and couples, learning so much about intimacy challenges, intimacy goals, and really helping people in a lot of different ways, where at the end of so many of my sessions, my clients wanted solutions. They wanted the book, the product, the toy, the whatever it was. And so I would manually send this to them. I started creating a list, but it was a little bit like it was a lot of work on my end to always curate. And so what I did is I said, I'm just going to put these products that I recommend that are clean, because it's very important that these products be healthy, especially for these areas of the body, put them all on a page. And that was the beginning of Bloomie, where I had multiple brands. They were my favorite clean brands that I would recommend in the category. And then when I developed our first product with our team, it was called Bloomie Arousal Oil. We still sell it. It's a bestseller. That was just the beginning of a pivot for us. And that's why we fundraised and why we ended up really focusing on Bloomie's products, making solutions for products that I wish I had 10 years ago. The question I'm about to ask you seems particularly relevant given the timing of your and my conversation, but I want to take us back to April 2022. Your line is set to debut at Target and your funding falls short. How does that happen? Funding for women of color entrepreneurs is severely lower than what it should be. There is less than one percent of funding that is going to entrepreneurs of color and Latina founders. So I never use that as an excuse. But when I went out and I fundraised, I did everything by the book. I trained, I did accelerators, I did boot camps. I had a cis white male co -founder. I had everything you're supposed to, and I'm using quotes, to have. And we fell short. We wanted to raise two million. We raised one million. So what did I do? I ended up seeing that there is no standard for my industry. This is new. Intimacy companies were not being venture backed at that time. And I just realized I'm going to have to do things differently. So we crowd raised. We basically opened up part of our round to the community where they could invest one hundred or two hundred dollars minimum. We raised almost a million dollars that way, two different times. And then we also I took out personal loans. We had a few angels give us personal loans. I took out a line of credit. Like I did everything to make sure that we could have sufficient capital to meet the demands of going into retail. And even with that, I'll say when founders ask me, what does it take to go into retail? It's so big of a question. I want to sit down and go through things with people. But you have to estimate how much you're going to need to be on shelf, stay on shelf. That's even harder. Mark it and to not plan to be profitable right away.
WTOP 24 Hour News
Fresh update on "two hundred" discussed on WTOP 24 Hour News
"40 10 past and the hour brought to you by pen fed great rates for everyone let's go to jeff claybaugh co co -working company we work just missed a 95 million dollar interest payment co -working co we work warned back in august it may not be able to stay in business two -thirds of its expenses are just lease payments on the office space it rents out four years ago we work at 21 locations in the dc areas down to just eight now bw i marshall has been adding more international flights but the vast majority of international flights here at dulles and that is growing dulles is that a more international flight since two thousand nineteen than any other u .s. airport making it the fastest just growing international gateway in the u .s. higher interest rates are pushing stock sharply lower wall street's having its worst day since march today the dow is down four hundred and sixty points one and a third percent the s .p. five hundred is down sixty two that's one and a half percent the nasdaq's it's now down two hundred fifty four points approaching a two percent loss jeff clabel wtob news thanks jeff it's two forty two it's the second day of former president trump's civil trial in new york over his business dealings is is accused in a lawsuit by state new york attorney general attention james of inflating his wealth to full banks others and now before today's session mr trump went after james again her numbers are fraudulent she's a during this case today's proceedings the judge clarified a point that the former president was trying to call a legal victory mr trump built a twenty eleven financial statement to thrown out because of a time limit but the judge ruled that only claims are subjected to that time limit not evidence the the state attorney general new york is seeking two hundred fifty million dollars in a ban on the trump organization doing business in new york well get ready for an emergency alert to go out on phones tvs and the radio tomorrow a nationwide test of the federal emergency alert system will be broadcast at two twenty p m eastern wednesday to cell phones tvs and radios across the country the test will evaluate the technological capabilities of the national alert system to reach and inform as many people as possible in case of a widespread emergency some have taken to social media to tell those at risk for domestic violence who keep a hidden safety phone at home to switch the phone off during the test which only would appear after the phone is turned back on matt piper cbs news since 2015 fema been has required under federal law to test the warning system at least once every three years and coming up a new app that your can get personal info out of the hands of data brokers will talk to jeffrey fowler of the washington post 243 trust matters we instill trust every day by the things we say the choices we make and the people we choose to do business with hi i'm jeff dick chairman and ceo of main street bank what matters most to you and your business strong relationship based on trust reputation and expertise or a rate from a place where you don't matter expect better bank where trust matters and where you matter main street put our bank in your office visit m street bank dot com to learn more member fdic equal housing under thompson creek window company designs builds and installs replacement windows without the and market high -quality windows at an affordable price to write from our local factory call today for our biggest sale of the year
Thinking Crypto News & Interviews
A highlight from SEC GARY GENSLER HEARING & SUBPOENA SOON? COINBASE CRYPTO ADVOCACY WITH NANCY PELOSI!
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a 5 star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, as you all may know, Gary Gensler testified before the House Financial Services Committee today. He got grilled. He got a lot of pressure questions and things that he was shaking and unable to answer. It's the same old nonsense. And I'm sure many of you saw the clips, so I'm not going to play a whole bunch of clips for you, but I'm going to give you the big takeaways. What can we expect next? And McHenry, Patrick out of the gate, started grilling Gary Gensler. He asked him, is Bitcoin a security? And Gary was like stumbling, like he couldn't even answer it. And of course, you know, Patrick McHenry was like, what are you doing, man? I'm giving you softball questions. You can't answer me. Is Bitcoin a security? So Gary Gensler continued his clown show. This guy's a scumbag regulator, as I've been saying for a long time, and needs to be fired. But the big takeaway from what Patrick McHenry said, folks, he threatened Gary Gensler and said, don't make me have to send a subpoena. And he highlighted that Gary has not sent documents about FTX. He highlighted Gary's losses in court and much more. So I think the next step, you know, I haven't seen this level of threat about a subpoena from these folks. So I think we're getting there, folks. And I'm actually going to be interviewing Congressman Warren Davidson, who also did a great job grilling Gary tomorrow. And he's going to I'm going to ask him about the subpoena and what are the next steps. And of course, he highlighted his SEC Stabilization Act, which essentially fires Gary Gensler and replaces that chair seat, adds another commissioner and an executive director. So it makes the SEC less political and more balanced. And he has some great questions to Gary. You know, he even alluded to the EITH Ethereum free pass. Some of you may have seen the clip. So he did a great job. And once again, I'm interviewing him tomorrow. So be sure you're subscribed on the podcast as well as the YouTube channel. And Tom Emmer also brought some heat on Gary Gensler saying, I'm convinced you are not an impartial regulator. And he went on and did a press conference about this. And Gary Gensler is a bureaucrat who does not answer to Congress and much more. So, you know, similar types of comments that we've seen historically. But I think the subpoena threat was the big takeaway for me. The other stuff was, you could argue, was said historically and said before and other hearings with Gary Gensler. Now, Democrat Richie Torres did a great job of talking to Gary and getting specific, like he highlighted, is buying a Pokemon card a security? Gary said no. So he said, well, what if that Pokemon card got tokenized on the blockchain? It's a den of security. And that's where Gary was going back and forth and saying he needs more details and yada, yada. But great questions by Representative Richie Torres, very laser targeted in detail where Gary is just like caught off guard and he's trying to dodge the questions. So Gary continues to get exposed. And I like what happened today. I think the clips and all the news that are coming out of it, while they may not be very much actionable, where Gary is getting kicked out tomorrow, right? They do paint Gary Gensler in a very bad light. And remember, I've said many times, a lot of politics is simply optics. And if you have bipartisan support against Gary Gensler, that's not good. He's not going to be in that seat for very long. So it's great to see Democrats coming out against Gary Gensler. Now, quick word from our sponsor folks, and that is Uphold, which makes crypto investing easy. I've been a user of Uphold since twenty eighteen. They have ten plus million users, two hundred and fifty plus crypto currencies, and they're available in one hundred and fifty countries. You can also trade precious metals and equities on Uphold. If you'd like to learn more, please visit the link in the description. Also, a great comment from Representative Andy Barr to Gary Gensler on capital markets. He said, if the U .S. capital markets are a gold medalist, you are the Tonya Harding of securities regulation because you are kneecapping the United States capital markets with the avalanche of red tape coming out of your commission. Wow. That is a pretty strong remark there. Many of you know about the Tonya Harding story. If you don't look it up, Nancy Kerrigan and Tonya Harden and someone who was sitting behind Gary Gensler started flashing the Coinbase stand with crypto NFT shield. Many of you have seen that. And someone also highlighted the stand with crypto logo on a piece of paper. So this is similar to what happened with the guy who did the buy Bitcoin behind Janet Yellen years ago. So they put this right behind Gary. So it's pretty funny. This is another one that's going to go in the record books. And on that note, the SEC did acknowledge that the 1 .5 trillion dollar asset manager, Franklin Templeton, spot Bitcoin ETF application. Now, that doesn't mean anything because we need an approval. But things are moving ahead for these new applicants. Now, as all this was happening, guess who was in D .C.? Brian Armstrong and the Coinbase folks. Pretty incredible. And they did this whole campaign where they're at the Hill and a Brian Armstrong tweet out here at our nation's capital for a stand with crypto day with 40 founders from across the country. It's time for America to join the rest of the G20 and get some clear rules on the books. So great move here by Coinbase because the juxtaposition of what Gary is saying and what a big publicly traded crypto company is doing with a whole bunch of founders in D .C., educating and providing advocacy is really, really great. So I love this. And you hear you see Brian posted some photos, he said a great meeting with Speaker Pelosi. Now, all feelings about Nancy Pelosi aside, this she's a Democrat, folks, and I think this is a very smart move, Brian. Very, very smart move, because today even Maxine Waters was praising Gary Gensler. Oh, he's the knight in shining armor. And Gary, you know, you've been doing your thing, protecting Americans from these crypto scammers. Right. So remember, just like two years ago, she was hugging up FTX saying she loves Sam Beckman Fried, blowing kisses, taking campaign donations from FTX. So she's can be bought and sold right pretty easily. And I really like this. Coinbase is playing chess here while Gary Gensler is getting grilled. I love it, love it, love it. And they took a whole bunch of photos here at the Capitol Hill. So smart move by Brian. Really, really smart move. Now, finally, Kraken sets sight on stock trading. So Kraken, the crypto exchange, they're looking to expand their services. And, you know, this makes sense. If you're ordering already an exchange where you sell crypto, you can easily move to stocks. And then I know some other folks have been looking to tokenize stocks and sell those. So this is a pretty big move. And we're going to see that these crypto exchanges are going to expand to other markets. And with the advent of tokenization, you know, they're going to tokenize a lot of the traditional financial markets and assets and commodities and much more. And allow people to easily get access to them globally, 24 seven trading and much more. So obviously this would put them up against like Robinhood, essentially right where you have stocks and you've got crypto in the mix. So I think it absolutely makes sense. Well, folks, that's the news. Let me know what you think. What did you think about Gary today in the hearing? And once again, I'll be interviewing Congressman Warren Davidson tomorrow. So be sure to check out that interview once it's published on Friday. And I'll talk to you all later.
Bloomberg Markets
Fresh update on "two hundred" discussed on Bloomberg Markets
"Your EV's story may not be as green as it seems. Why a decrease in global birth rates could send countries scrambling to increase immigration. You get context. Context changes how you see things. How you change things. Because context changes everything. Go to Bloomberg This This is Bloomberg Markets on Bloomberg Radio. All right looking at these markets here the S &P 500 off one and a half percent the Nasdaq off 1 .8 percent. That's two hundred hundred eighty five at two hundred forty five points on the Nasdaq down to thirteen thousand sixty two Ten -year Treasury yields
The Hugh Hewitt Show: Highly Concentrated
Hunter Biden's Shady $250K Wire Transfer From Beijing
"Is all over the place, but I'm just going to run with the one from Fox News. Hunter Biden received two hundred and fifty thousand dollars in a wire transfer originating in Beijing with beneficiary address listed as Joe Biden's home. So James Comer of the House Oversight Committee announced that yesterday, two hundred fifty grand in twenty twenty nineteen got sent Beijing to Joe Biden's house. Now I ask you, who among us has not gotten a quarter of a million dollars from Beijing sent to their house randomly? That could happen to anybody. And I am not going to join the mob accusing the president of complicity in Hunter Biden's nefarious schemes to get money sent to the family firm via Delaware simply because a quarter million dollars showed up from Beijing at the Biden family house. I'm not going to join that line. Not going to do it wouldn't be prudent.
News, Traffic and Weather
Fresh update on "two hundred" discussed on News, Traffic and Weather
"Allow McCarthy to continue holding the gavel. Gaetz says he'll keep trying if his first attempt fails. says Former President he will Donald be Trump in court again today as the civil fraud trial against him continues. He didn't have to show up here at the start. a This is civil case not a not a criminal case so he was under no obligation to come but he opted to anyway and said in the hallway that this case was timed to interfere with the election and prevented him from going to places like Iowa or New Hampshire or South Carolina. In truth he could have gone to any of those places because he did not have to be here. ABC's Aaron Kotersky a judge ruling that Trump and his sons vastly inflated the value of their company's real estate holdings. Texas Democratic Congressman Henry Cuellar carjacked at gunpoint he says a group of men holding guns to his bed taking his car and his phone near his Washington D .C. Navy Yard residence blocks from the U .S. Capitol. There was a with twenty seven but in the end nobody matched all the numbers in the powerball during last night's drawing meaning Wednesday's jackpot now worth is one billion two hundred million dollars. A nine year old girl abducted from an upstate New York Park Park has been found her alleged abductor tracked down after he left a ransom note in her parents mailbox police say they a found fingerprint on that note and traced it to the suspects mother's home the little girl founded a camper on the property. listening to You're ABC News Newsradio 1000 FM 97 7 stay connected stay informed. Good morning on this Tuesday it is October 3rd and at 502 with cloudy skies and some white sprinkles in downtown Seattle it's
WTOP
"two hundred" Discussed on WTOP
"And dc has counted two hundred hides so far this year the city did not reach that number last year until late december keep it here for full details on stories the in the minutes ahead it's five eighteen traffic and weather on with the eighties reda kessler still a pretty quiet start to your morning commute a heads up right now though this could cause an issue if it stays this way this is branch avenue at sarats road colors report the traffic lights flashing in all directions right now no one on the scene directing traffic again at the moment not a huge backup with the light volume of traffic but if this continues this way that could become quite the problem we are seeing a little bit of a delay in the still area we still have alternate one or baltimore avenue closed between route one and charles armand trout drive due to the effects of the train derailment from over the weekend now the your alternate route one or road island avenue near crittenden street has a left lane getting by each way with a long -term work crew so that may mean you need to give yourself time some extra to get through there in virginia the menaces area wellington road near godwin drive was a report of wreck a and some changes to be aware of if you're heading to fort belvoir this morning the pence gate is closed until further notice lieber gate open 24 7 the tully gate is open from 6 a .m. until six p m and uh... visitors in commercial vehicles should enter through the tally gate during the weekdays i'm reda tesla w t o p traffic seven news first alert meteorologist brian vandegraf we're off to another damp start but maybe we can actually see sunshine today yeah a little bit of sunshine does look likely as we head to
The Big Take
Fresh update on "two hundred" discussed on The Big Take
"What drives them watch the circuit Thursday nights from Bloomberg Originals you catch can it at 10 p .m. Eastern on Bloomberg TV and on the Bloomberg app and Bloomberg .com and download the circuit companion podcast wherever you get your podcasts. we gather together in communities across the nation to remember and honor to celebrate and support to light the night join us as we lift our lanterns high in to order move toward a world free of blood cancers join us as we light the night for a loved one join us we are the leukemia and lymphoma society our mission is to cure leukemia lymphoma Hodgkin's disease and myeloma our aim is to improve the quality of life of patients and their families join us we are LLS and when we walk cancer runs join your community and help bring light to the darkness of cancer join us as we light the night find your local event at light the night dot org that's light dot my org simple solution to the problem was remove people from the scene and help them feel safer in response to attacks against asian americans park raised over two hundred and fifty thousand dollars to donate camp rides to the asian community there is so much more work to be done we really need to come together and tackle this issue as a community support port the asian community learn how at love has no labels dot com brought to you by love has no labels and the ad council the wheel a big idea that's inspired countless new ones from the horse -drawn carriage do a rover on mars thirty years ago state street launched the spider s &p 500 yes by a big idea that inspired the world to invest differently and still does what can you do with five before investing consider the funds investment objectives risks charges and expenses visit
WTOP
"two hundred" Discussed on WTOP
"Be hang sing down by two hundred two hundred eighty six points to the shanghai is off thirteen good morning ledger with us three forty one on wtop welcome in this is w t o p news another person has been charged in the death of a toddler apparently poisoned by fentanyl inside new a york city daycare center the search continues this morning for the alleged ringleader of the drug peddling operation the latest arrest on charges of narcotics distribution comes ten days after four young children showed signs of opioid exposure at a bronx daycare center a one -year -old boy was pronounced dead last friday prosecutors in the case say drugs restored inside the daycare facility including in mats used by the children some residents of the hardest hit parts of maui are finally we're told being allowed to return to their properties in lehana it has been more than a month now since catastrophic wildfires destroyed the area and left at least 97 people dead cbs news correspondent body spoke with residents in the area it's been nearly seven weeks since residents in lahaina's fire -ravaged disaster zone have been allowed to return home pretty bad after so many years living here for many like norine wales and her granddaughter tawny to be back was overwhelming when you see it in person we need to go and stand on our property and you know what's left and process that officials say removing at least a year with seven hundred thousand tons in total they're looking at that's about half of the amount that was the removed from the world trade center after nine eleven out of the war in ukraine ukraine says it has killed russian a top military figure in the attack on russia's black sea fleet headquarters wtlp national security correspondent j .j. green brings us up to date on tuesday morning admiral victor russia's black sea fleet according to multiple ukrainian military sources was killed in a missile strike on the kurtz he according to these sources was not alone thirty -three others were reportedly killed in perhaps the most audacious attack by ukraine's military on the occupied peninsula of crimea what this attack shows is that crimea rather ukraine has excellent signals intelligence collections capabilities because they said this attack on the headquarters of russia's black sea fleet was timed to coincide with the meeting of naval officials not only did thirty four officers die and a number of them presumably high ranking but another one hundred five russian military personnel wounded were you are listening to 103 .5 FM at www .wtop .com the wtop traffic center tracking the top trouble spots the biggest backups the major it's the slowest traffic wtop traffic every ten minutes on it breaks wtop you're
Bloomberg Law
Fresh update on "two hundred" discussed on Bloomberg Law
"On the bloomberg surveillance podcast bloomberg radio context repair these of the sounds of the dinner happen a dinner now served thanks to people like you due to covet nineteen seventeen million more americans may face hunger feeding america is helping neighbors our in need and if you're able you can too donations are being accepted at feedingamerica org slash corona virus brought to you by the ad council and feeding america two hundred food bank i'm strong emily chain and on my new show the circuit i speak with the big names in tech culture and innovation and ask what's next you'll hear from leading tech ceos and investors alongside influencers and celebrity entrepreneurs this is a chance to go deeper to meet people in their world and find out what drives them watch the circuit thursday nights heights from bloomberg originals you can catch it at ten p m eastern on
WTOP
"two hundred" Discussed on WTOP
"Living rooms dining rooms bedrooms mattresses and more and if you can't wait mybobs .com is the quickest and way easiest to get unbeatable furniture prices delivered straight to your home today that's my brand spanking new Bob's discount furniture store coming to Manassas this fall everything you need every time you listen WTOP News 945 I'm Dimitri Sotis thank you for looking at a critical week in politics just ahead New Jersey Democratic Senator Bob Menendez talks for the first time since he was indicted on bribery charges and we are now just days away from a potential government shutdown after efforts by the house speaker to move things along blew up last week the deadline is late Saturday night into Sunday going into October 1st CBS News congressional correspondent Scott McFarland joined WTOP Sean and Ann earlier to discuss where things stand now with House Speaker Kevin McCarthy he's going what to try they call in Vegas a parlay where you try to do two different bets and win on them both his first order of business is to bring four different spending bills to the House floor and get them passed with Republican only votes that includes spending to fund the Department of Defense Homeland Security State Department if he can do that he's hoping he earns enough with goodwill Republicans that he could do something some of them oppose which is also passed a 30 to 45 day continuing resolution to keep the government open a little longer so they can continue negotiations on everything else with the US Senate which won't go for those House passed bills if they do pass this week so he's trying to buy time and leverage buy some as he does so Scott there's also something some talk of using what's called a discharge procedure to force a vote on the House floor explain what that is and how likely it would be used if the Speaker won't can't or bring something to the vote this would be something that circumvents leadership where a group of House members if they can get 218 of them together can force a vote on something to keep the government open it would necessarily be a mix of Democrats and Republicans in that case and there are some Republicans who indicate they might do this if nothing else comes through it but would be devastating to the political future of Speaker Kevin McCarthy if something passed House the that he couldn't stop and he didn't want ultimately he may have to marshal his Republicans do something to avert this discharge petition which by the way Sean won't be ready by Sunday this would be something to help end a shutdown not prevent one so let's move on to New Jersey Democratic Senator Bob Menendez who is defiant today after his indictment on bribery charges what is he saying he's saying he will be exonerated and he's saying that those who think he's lost the political support of the people of New Jersey are wrong ultimately that latter will be put to the test pretty quickly because he's got republic of democrats including New Jersey democrats and who are calling for his resignation saying he can't serve while you're facing this type of accusation this type of bribery charge Menendez he can marshal the support of the people in New Jersey can try to hang on he says he will try to hang on next few days are pivotal cbs news congressional correspondent scott mcfarlane stay with wtop for all the latest as we countdown to that possible shutdown late saturday night into sunday going into october first top stories were working on on wtop a tip led police to a prince william county church where they found an armed man who they say had made online threats against the church striking hollywood studios reach a tentative deal we're still waiting for details including when some of your favorite shows may be back on the air or at least back to production keep it here for full now it's traffic and weather on the eights and when it breaks with bob imler in the traffic center on the maryland beltway interloop in montgomery county before connecticut avenue the left lane is blocked with the work zone traffic gets by it without delay and on twenty -five northbound still working on the crash for the tractor trailer in the median uh... that is uh... right near two hundred and still working on that but you're getting by without any delay i think they have set up a work zone on the baltimore connected to parkway northbound near route thirty two and uh... traffic is slowing down quite a bit getting past the work zone of getting up through fort mead on the b w parkway northbound where you're getting by by squeezing to the left fifty out of the bay bridge is doing all right and uh... two seventy is without delay as well well virginia in ninety five northbound the crash has been out of the roadway after route seventeen falmouth on the left shoulder getting a little bit of attention but the lanes are open and on sixty six all is quiet in both directions next riverside grill at georgetown harbor watch all of your favorite sports while taking a waterfront views and drum roll please five dollar happy hour drinks on friday four to six bob inlet w t l p traffic and now to veronica johnson seven news first alert chief meteorologist when will we change our dreary scenario here briefly briefly midweek
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1410: Bitcoin Will Hit $10,000,000 Per Coin - Binance CEO CZ
"In today's show, I'll be breaking down the latest technical analysis. And also I'm going to be sharing with you a 48 ,700 Bitcoin price target, pre halving according to a top analyst. Also did you know it was exactly six years ago today, China tried and failed to ban Bitcoin for the second time and ever since the Bitcoin price action is up 600 % and the mining hash rate is back at all time highs. Also quitting Max Kaiser, Bukele has restored the human rights to 7 million Salvadorians that have been taken away by murderous runts, the British and American state, a 93 % approval rating tells the story of the most popular leader in the world. And now Bukele -nomics is being copied around the world as a blueprint for freedom and justice preach. Also in today's show, Mt. Gox repayments delayed yet again. Creditors are waiting on Bitcoin, Bitcoin cash and Yen payments until next year in 2024. We'll also be discussing, according to this latest report, Coinbase currently holds 5 % of the entire Bitcoin supply in existence. That's right. While Coinbase holds 25 billion in BTC, the exchange only owns around 200 million in Bitcoin and its wallets. We'll also be discussing the catalyst, which will catapult the Bitcoin price action. According to skybridge capitals, Anthony Scaramucci will also be discussing the latest with the Binance CEO CZ setting the record straight on $250 million loan claims. That's right. The US court had recently denied an inspection plea by the SEC. I'll be breaking down this latest FUD and speaking of CZ, the Binance CEO predicts the Bitcoin price will reach $10 million per coin. In fact, a couple of years back in an interview, he said, if all of the major institutions allocate 1 % Bitcoin, we're going to see 1000 X or more growth of the Bitcoin price. And if you run the math, 1000 times today's price action is 26 to $27 million per BTC. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo what's good crypto fam. This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at crypto news alerts .net. Again, that's crypto news alerts .net and welcome everyone just joining us. This is podcast episode number 1410. I'm your host JV and today is September 23rd, 2023. So welcome to another sat stacking Saturday. Let's kick it off with our market watch as we do here each and every day, seven days a week. We can see Bitcoin back in the green trading above 26 .6 and we also have ether back in the green trading at roughly $1 ,600. The market cap is sitting at 1 .06 trillion with roughly 17 billion in volume. In the past 24 hours, we've got Bitcoin dominance at 49 .1 % and the ether dominance at 18 .2 % as Bitcoin continues outpacing Ethereum and checking out the top 100 crypto gainers of the past 24 hours, we've got theta lead in the pack up 7 % trading just under 64 cents followed by rocket pool up 4 % trading at $21 .63, followed by chain link up 4 % trading at $7 .18 and checking out the top 100 crypto gainers of the past week, we have WeMix leading this pack up 15%. We have PLS up 8 .2 % and XRD up 11, I mean 7 .4 % and checking out the crypto greed and fear index, we're currently rated a 47, which is neutral. Yesterday was a 43 in fear, last week also a 43 and last month a 41 in fear. So there you have it. How many of you have been stacking M -Sats and taking advantage of the recent dip in dollar cost averaging? Let me know. And how many of you are anticipating Bitcoin price action to maybe dip a little further south before packing some new positions? Let me know how you feel with the current status. And also just quick reminder, we're almost at the end of September historically, September is the worst month out of the entire year for the Bitcoin price action, but it's always followed by up tober, which is historically one of the most bullish months for Bitcoin. So we only have another week until we get out of September. So we'll see how this is likely to play out. Let's break down today's Bitcoin technical analysis. Bitcoin failed to reclaim 27 ,000, though we came close. It stalled at 26 ,500 as of right now. Meanwhile, the altcoins are in no better shape with minor losses coming from most of the larger cap ones. With Chainlink, the only one with a notable price increase. So last week was expectedly less volatile, aside from the brief spike on Saturday that pushed Bitcoin then to the multi -day peak of 26 ,400. But after failing to continue upwards, Bitcoin retraced at 26 ,000 and spent the rest of the weekend there. Then Monday didn't start all that positively either, but finished the way. Bitcoin went on the offensive and soared above 27 ,000 for the first time in weeks, but then shortly dumped after. But the bulls kept the pressure on and pushed Bitcoin to a new 20 -day peak at 27 ,500 on Tuesday. The next few days were rather calm with Bitcoin maintaining 27 G's, even after the US Fed's decision to stop raising the interest rates. Yet Bitcoin's momentum disappeared by Friday as it fell to 26 ,400. It even tried to bounce off the end of the day, but failed and currently stands at 26 ,500. Its market cap is south of 520 billion, while its dominance over the alts still just inches shy of 49%. So there you have it. And as we mentioned a little earlier, the altcoins, a lot of them are also in the red with the exception of Chainlink, which seems to be outpacing the rest of the major alts. Now for a prediction from Titan of Crypto, here's what he shared on X. Bitcoin 48 ,700 before the halving rocket ship to the moon. You might want to bookmark this one. Fam, never in history the halving occurred without Bitcoin reaching the 78 .6 % Fibonacci retracement level. So first off, first cycle price reached this four months before the halving, and the second cycle it was two months before, and then on the third cycle it was 12 months before. The next halving is now roughly six months away. Bitcoin might reach the 78 .6 % Fibonacci level within this period as it currently lies at 48 ,700, but the million dollar question remains, will this time be different? So as we enter this fourth halving, let me know where you feel the Bitcoin price action is likely to hit before we have liftoff. I mean, obviously that would be a bullish scenario setting us up for a perfect price discovery in 2024 post halving. So I cannot wait. I hope the analyst is right. And if you didn't know, it was exactly six years ago. China tried and failed to ban Bitcoin for the second time because guess what? You can't ban Bitcoin. You can try. Good luck with that. And ever since the price action on the King Crypto is up 600 % and the mining hash rate continues to hit all time highs. And as you know, hash rate is a good indicator for the strength of the network, meaning the market cap is just north of only $500 billion. And as Max points out here, referring to Bukele, he has restored the human rights of 7 million Salvadorans that have been taken away by murderous runts. The British and American state, a 93 % approval rating tells the story, the most popular leader in the world. And now Bukele Nomics is being copied around the world as a blueprint for freedom and justice. Massive shout out to Najib Bukele and the people of El Salvador. Which country do you feel is likely to adopt Bitcoin as a legal tender next? Let me know your honest thoughts in the comments below. I feel it's going to be another Latin American country. I'd say a great candidate for that is Argentina, which has hundreds of millions of people. We have Javier Malay, the pro presidential candidate. There is a 70 % chance plus that he is elected as the president. And we already know the likelihood he could make Bitcoin a legal tender, especially being orange -pilled by Max Keiser, who is the senior Bitcoin advisor for President Bukele. As Max has already announced, he can't wait to touch down in Buenos Aires to orange pill Javier Malay. Then we also have Mexico. We have people like Ricardo Salinas, the third richest man in Mexico, very pro Bitcoin, claiming Bitcoin has been his best investment ever because, again, Max orange -pilled him back in 2014. Then we have Brazil and so many other countries that make Bitcoin a potential to become legal tender. And we all know that's going to be a game changer. And that's just another catalyst on top of the Bitcoin halving scheduled in six months in 2024, plus the approval of a spot Bitcoin ETF in the United States. So can you say fireworks lays ahead? Let's go. Now let's discuss the latest more bullish news, meaning Mt. Gox is going to be delaying these payments, which means no crypto is going to be dumped onto the open market anytime soon, which again is good for the hodlers. Check it out. Now we got Nobuaki, the Mt. Gox trustee in charge of the funds owed to the exchange creditors, updated the public on September 21st, two days ago, according to the trustee, because of the lengthy discussions with specific payment providers, he could not make the October 31st deadline. That was the initial deadline, fam. And because of this reason, the repayments will start next year. And so they say, quitting him here. Therefore, with the permission of the Tokyo district court, the rehabilitation trustee changed the deadline of the base repayment, the early lump sum repayment and the intermediate repayment from October 31st, 2023 Japan time to October 31st, 2024 Japan time, respectively. By the letter of the Kobashi details, the Mt. Gox creditors waited nine years for payments. Good Lord. Currently, they're owed one hundred and forty one thousand six hundred and eighty six BTC plus one hundred and forty two thousand eight hundred and forty six Bitcoin cash and sixty nine is that billion yen. Good Lord. I'd love to know what that equates to in dollars anyways, though the delay has been extended. The creditors who have completed their claims might receive the payment by year's end, quoting them again. Rehabilitation creditors who have provided the necessary info to the rehabilitation trustee will see the payments made in a sequence as early as the end of this year, according to the letter. However, this schedule could change. Kobashi also said that due to the high volume of inquiries regarding the process, the rehabilitation team might not respond promptly. Well, that doesn't sound so promising, but I guess it's a good sign that most of this cash is not going to be dumped off any time soon, as there's a lot of FUD that's always circulating. The Mt. Gox, you know, sell off is going to crash the entire market. I think that is very unlikely and is nothing more than FUD. And again, we're gearing up for the most bullish sentiment in the four year cyclical cycle amongst us in twenty twenty four. So versus being in fear, I would be very optimistic about what's to come for the king crypto and the crypto market as a whole. But what are your thoughts, fam? Let me know in the comments right down below. Now let's discuss the largest crypto exchange in the United States. Clearly, it is Coinbase. The CEO is Brian Armstrong. But did you know, according to this latest report, they currently control and own over five percent of the Bitcoin in circulation. That's pretty hefty. And let's break this one down. And how many of you have used the Coinbase crypto exchange before? Let me know in the comments below. Here we go. Blockchain intelligence platform ARKAM recently identified the crypto exchange Coinbase holds almost one million Bitcoin in its wallets like, whoa, the coins are worth more than twenty five billion dollars at the current prices. Now, according to ARKAM, the exchanges holdings amount to almost five percent of all the existing Bitcoin. ARKAM said Coinbase holds a total of nine hundred forty seven thousand seven hundred and fifty five BTC. And at the moment, Bitcoin circulating supply is around nineteen million four hundred ninety three thousand five hundred thirty seven, according to coin info on CoinGecko. And as ARKAM shared here on X, ARKAM now identified twenty five billion of Bitcoin's Coinbase reserves with one million, approximately Bitcoin on chain. This makes Coinbase the largest Bitcoin entity in the world on ARKAM, with almost five percent of all the Bitcoin in existence, almost as much as Satoshi Nakamoto. Crazy, right? Furthermore, ARKAM noted that it has tagged and identified thirty six million Bitcoin deposits and holding addresses used by the exchange. And according to ARKAM, Coinbase's largest cold wallet holds around ten thousand BTC. And based on the exchanges financial reports, the intelligence company believes that Coinbase has more Bitcoin than are yet labeled and could not be identified. And while Coinbase holds over twenty five billion worth of Bitcoin in its wallets, the exchange only owns around ten thousand of all the Bitcoin in which it holds, which is roughly two hundred million dollars, according to the recent data. Meanwhile, community members express varying reactions to the news about the amount of Bitcoin on the centralized exchange in which they hold. Some believe it's a sign to withdraw their Bitcoin from the exchanges, warning hodlers not to wait until the exchanges start to halt withdrawals. Others say that since there are legitimate concerns over cold wallets, there is no good way to store your assets. I'd like to chime in real quick. Obviously, if it's not your keys, it's not your coins. So while a custodian such as Coinbase can hold your crypto, you've got to also note that it's not yours. So if something were to happen, hypothetically, like we've seen with FTX and the collapse last year, then not your keys, not your coins, they don't belong to you at the end of the day. So you've got to start to weigh the risk reward with having a custodian such as Coinbase or a centralized exchange hold your coins versus taking the responsibility for yourself and learning how to self custody your own crypto and call storage such as with a Bitcoin cold wallet, such as a treasure. So I just wanted to point that out. There's no right or wrong way to hold your crypto. You've got to do what's in your best interest, of course. So, you know, I mean, just want to keep it real at the end of the day. So check it when it comes to Bitcoin ownership by companies, business intelligence for MicroStrategy still owns most Bitcoin. I believe it's over one hundred and fifty two thousand eight hundred BTC, to be exact, worth over four billion dollars at the time of this recording, making them the largest publicly traded company to have Bitcoin on their balance sheet. Now, another major company that controls over six hundred thousand BTC is Grayscale in their GBTC product, the Grayscale Bitcoin Trust, which they just recently had a lawsuit against the SEC with the plan to convert their trust into a spot Bitcoin ETF. So considering they already control the underlying asset in the sum of over six hundred thousand BTC makes them a pretty strong contender. Wouldn't you agree? Let me know your thoughts, fam. And now let's break down our next story of the day and discuss the Bitcoin price likely to catapult along with the altcoin to coin to SkyBridge Capital, Anthony Scaramucci. Let's break this down. Shout out to the Mooch, SkyBridge Capital founder Scaramucci is detailing how one catalyst could have a bullish impact on Bitcoin, as well as the alt. In an interview with the Wolf of Wall Street, Scott Melker Scaramucci says that a spot Bitcoin ETF could be approved in the first quarter of twenty twenty four, which seems to be a ninety five percent likelihood, according to top ETF analyst at Bloomberg, Eric Balchunes. So according to SkyBridge Capital founder, the approval of the spot Bitcoin ETF and the Bitcoin halving, which is expected to occur in April of twenty twenty four, could combine to ignite a crypto bull market. No, it's not. It could combine. It will combine. Just saying. Quitting him here as Wall Street or products on Wall Street are sold, they are not bought. And so there is going to be tens of thousands, if not one hundred thousand plus people at these Wall Street firms selling these products to their traditional investors. So people that are in Bitcoin understand the finite supply of Bitcoin, right? We all know there's a finite limited supply, 21 million, and they understand the nature and the quality the Bitcoin has. This will push Bitcoin up. Of course, it will have a dramatically positive effect on the altcoin market because it will lead to more capital into digital properties so people can think whatever they want. They can think short term about the near term volatility of Bitcoin. But these macro positive factors are overwhelming. And according to Scaramucci, the potential approval of a spot Bitcoin ETF filed by giant asset managers such as BlackRock, who controls over 10 trillion in assets under management and Fidelity, that controls over four and a half trillion in assets under management, can see Bitcoin increasing its market cap by roughly 24 times from the current level. We'll send it. Let's go quoting the Mooch here. It is important that now the largest asset manager in the world who started out with some level of skepticism related to digital assets and Bitcoin is now willing to adopt Bitcoin. I mean, I guess they mean BlackRock is willing to adopt Bitcoin, but even more important than that, they're willing to explain to their clients. I think BlackRock now has 13 trillion dollars in assets under management. So for them, seven trillion for Fidelity. While these numbers are higher than I even imagine, while their clients need exposure to digital property like Bitcoin. And so we have a five hundred billion dollar plus market for Bitcoin. So you and I know gold is at 12 trillion ish, depending on where it's trading. But yes, 12 trillion. There is no reason why Bitcoin couldn't get gold. So there you have it. And to watch this video interview he did with Scott Melker entitled 37000 Bitcoin. Can it skyrocket 35 percent? Check the show notes below the video in the description. And I think we all could agree it's only a matter of time before Bitcoin returns to price discovery mode, virtually meaning entering new all time highs. My personal prediction is sometime in 2024, considering the two biggest catalysts, which we just covered, the Bitcoin halving and Bitcoin ETF approval, which we know is going to be a given, especially considering the SEC is not going to be able to push it back and push back that deadline any longer because, you know, they just they have been pushing it back now for 10 years while they continue to approve futures ETFs, which can allow them to spoof and manipulate the market, which is all by design. At the end of the day, there's not new under the sun and three things cannot be long hidden. The sun, the moon and the truth. But just saying. Anyways, fam, now let's discuss the ongoing fight against CZ, the finance CEO with this 250 million dollar loan. And then I'll be breaking down his 10 million dollar price prediction and in fact sharing a transcription of him claiming that Bitcoin can thousand X from the current price, which would ultimately mean not 10 million, but we're talking twenty six to twenty seven million dollars per coin. Let's break this down. So here we go. First, with the FUD, the Binance CEO, CZ Shangping Zhao had refuted a recent report alleging that he received the 250 million dollar loan from BAM Management, the company that serves as the holding entity for Binance US. Now, how many of you have used Binance US or Binance before as the exchange? Let me know, fam. The development comes amidst Binance's struggles with plunging trading volume as the world's largest crypto exchange faces mounting lawsuits and increased scrutiny, regulatory which seems to all be by design by the SEC and the regulators. Right. The report published by Decrypt September 19th drew its conclusions from court documents associated with the ongoing lawsuit involving Binance and the United States. SEC, according to the news agency's interpretation, the Binance US legal representatives asserted in the documents that BAM Management US Holdings had issued a quarter billion dollar convertible note to CZ back in December. CZ, however, challenged the accuracy of the report when he tweeted the following. The amount of wrong information is just they got the direction wrong. I loaned 250 million dollars to BAM a while back, not the other way around, and have not taken it back. The Binance CEO clarified that the loan arrangement was, in fact, the opposite of what was reported in the post. The exec explained that he had extended a 250 million dollar loan to BAM Management and asserted that he had not yet received the payment. So there's nothing new under the sun. Just more FUD, it seems like, fam. The legal battle has taken a toll on Binance US, which saw a flurry of employee departures. The US SEC alleged that Binance was not cooperating in the ongoing probe and even claimed that BAM refused to make essential witnesses available for deposition. Concerns were also raised on CEFFU, which happens to be a custody service offered by Binance's international arm, Binance Holdings Ltd. The SEC's filing claimed that the platform appeared to be in violation of a previous agreement designed to prevent the transfer of the assets abroad. And despite the scathing attacks by the financial regulator, Binance scored a small win this week. The SEC's motion to approve an inspection into Binance US was denied by the USDC District Judge, Zia Farokhia. So there you have it. I mean, the ongoing FUD will more than likely continue, as obviously Binance is the largest crypto exchange in the world and regulators seem to have a problem with them and want to go after them for whatever apparent reason. So, like I said, hopefully in the end, you know, truth is revealed and the real story versus all the FUD and, you know, the manipulation of the price action and all the shenanigans we continue to witness in the market. And with that being shared, now let's dive into the Binance CEO, CZ and his 10 million dollar price prediction, as well as him predicting that Bitcoin price action could even a thousand X from here, sending the Bitcoin price parabolic to 26 or even 27 million dollars per coin. Let's break this baby down, shall we? Here we go. JV, have you ever heard of him? A crypto YouTube influencer from Crypto News Alerts remembered CZ's prediction. You're damn right I did. The Bitcoin would reach 10 million per coin. JV referred to the statement in a recent video uploaded on YouTube where he analyzes various aspects of the Bitcoin market development. Now, JV looked back at CZ's Bitcoin prediction while analyzing the Bitcoin CEO's recent Twitter comments. And in a Q &A session on July 5th, CZ addressed several issues, including Binance's reaction to the ongoing regulatory scrutiny. He also spoke about the rising interest of institutional investors in crypto currencies, as well as the proposed BlackRock spot Bitcoin ETF. CZ made the 10 million dollar price prediction back in 2021. In fact, I have the article already pulled up and I'm going to be reading word for word what he shared. Following MicroStrategy's announcement, allocating Bitcoin for the corporate strategy, CZ based his analysis on the possibility of several corporate companies, major institutions across the world, allocating just one percent of their corporate treasury into Bitcoin. And according to CZ, that would lead to a thousand X growth in the value of BTC. JV highlighted CZ's welcoming approach to institutional investors in the Bitcoin ecosystem, and CZ noted that advantages in traditional finance firms they bring to the crypto industry, despite concerns about their intentions clashing with Bitcoin's decentralized nature. And according to JV, CZ identified two key factors driving Binance's strategy for the next 18 months. They include the upcoming Bitcoin halving event now less than six months out, as well as, you know, we could be seeing a Bitcoin ETF here in the near future. The Bitcoin community expects the next halving to occur in April of 2024. Now quoting CZ word for word from the initial interview he made on Bloomberg Radio predicting a potential 1000 X increase in the Bitcoin price action. So here's what he had to say. Right now, I think only 11 companies again, this is right around the time that MicroStrategy announced putting Bitcoin on its balance sheet. They announced having allocating some talking about Bitcoin, like usually less than one percent of their corporate treasury to Bitcoin. And we think that it is most likely what caused the initial price rise. I think MicroStrategy's Michael Saylor started it first, but there are six hundred and fifty thousand companies in the world, like relatively established companies in the world, and their treasury is huge. Preach. So if all of them talking about these major institutions only allocated just one percent to Bitcoin, we are going to see, I don't know, 1000 X more growth in the Bitcoin price. And if they allocate more than one percent, then it's going to be even bigger. So I think people don't quite get the magnitude of the wave that is about to hit us. Now, let's run that math one more time. Fam, today's price is roughly twenty six thousand five hundred times that by one thousand. He's talking about a twenty six and a half million dollar Bitcoin price action. The potential if they only put one percent of their strategic reserves into Bitcoin, you do the math. If it's five X and five percent, what are we talking? One hundred and twenty million dollar Bitcoin price. Just saying this is coming from CZ, the world's richest man in crypto. So very powerful words indeed. Let's get back to this prediction of what he shared. So the finance CEO estimates that the flagship crypto can go up anywhere from nineteen hundred percent to twenty thousand percent from the current price levels from the time he made the prediction. And he goes on to share with price predictions. It is really, really difficult. I think it can go to, I don't know, one million dollars, ten million dollars. It is very hard to tell. And again, if we literally did a thousand X from today's price, we're talking twenty six and a half million per BTZ. So CZ also reveals that the exchange is onboarding new users as an at an unprecedented sustained rate during the bull run, outpacing its user growth during the twenty seventeen bull run. So again, this was during the twenty twenty one bull run. Here's what he had to share. Just to give people the idea, in twenty seventeen, when Bitcoin hit the peak of about 20 G's, we were seeing three hundred thousand new registered users per day. And that only happened for a couple of days. And that kind of trailed off and became slower. Now we're seeing sustained new user registrations above the peak and sustained like for over two to three months. So could you imagine running the world's largest crypto exchange and having over three hundred thousand new registered users every single day for like 90 days straight? That is insanity. And that's the previous market. I think twenty twenty four is likely going to outpace the previous market as Bitcoin becomes a common household name and as Bitcoin game theory continues in full effect. You have presidential candidates making Bitcoin a big determining factor. We have people like Ron DeSantis, Kennedy Jr., Javier Malay over in Argentina. So naturally, it's just going to create more commotion and positive catalysts for Bitcoin as we move forward into twenty twenty four. So, I mean, fireworks are ahead. Let me know how you feel. We're likely to finish out this year by December of twenty twenty three. Where do you feel the Bitcoin price action is likely to be? And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Thinking Crypto News & Interviews
A highlight from ANTI BITCOIN BOB MENENDEZ CHARGED! SEC GARY GENSLER DOESN'T LIKE THE LAW (CRYPTO NEWS)
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, we got very interesting news, which I'm sure many of you may have heard in the mainstream media, and that is Senator Bob Menendez has been charged with bribery and a whole bunch of other crimes. And you may say, well, Tony, why are you talking about this? Right. Well, folks, Senator Bob Menendez, who is a Democrat, he introduced a bill back in 2022, which would help to stop Bitcoin adoption in El Salvador. And he was citing that the adoption would open the door for money laundering and corruption. Wow. Talk about hypocrisy, folks, right? This guy all along for a very long time, his track record, he's been accused of doing a lot of shady stuff and now he's being charged here. The folks at Bitcoin Archive said the senator who said Bitcoin can open the doors of corruption in El Salvador was just indicted for corruption by federal prosecutors who seized one hundred thousand dollars in gold bars and four hundred and eighty thousand dollars in hidden cash from his home. So politicians those who are often very loud and screaming against crypto are the ones who have a lot to lose and a lot to hide, who are probably doing shady stuff. For example, Elizabeth Warren, Brad Sherman, Gary Gensler, right? I'm sure they've got some really nasty stuff in their closet. And some folks have shown that Elizabeth Warren has a net worth of seventy three million dollars. And of course, her salary is just like two hundred and eighty thousand a year. That's a great amount of wealth she's accumulated from just a senator's salary, right, folks? But we know the game, right? This is why we got to keep fighting and we got to expose these corrupt bureaucrats and politicians like Elizabeth Warren and Brad Sherman. We know they are puppets on the string doing a lot of the bidding of the tradfi incumbents and people who would love to kill crypto and not just even kill crypto, but just stop or kill the startups and allow their banking buddies and Wall Street buddies to come in and take over. So I'm glad these folks are getting exposed. And President Nayib Bukele, who, of course, he's the president of El Salvador, he tweeted about this news. He said, this is the guy that called for an investigation against us. He ended up being charged, period. So I'm glad he's doing a victory lap there. Now we got some interesting news about a library in the SEC. So we had reported just about a week and a half ago or two weeks ago that library was going to file an appeal. And this is based on the Ripple lawsuit outcome. Right. It makes sense. We have new case law with XRP, so it makes sense for them to appeal. And the First Circuit Court of Appeals in Boston has directed library to file its brief by November 1st, 2023. Now of course, this is no guarantee they're going to win. But the point is, we want to put the pressure on the SEC and Gary Gensler. We want to expose them for their lies, hypocrisy and much more. So I'm glad library is doing this. Attorney Jeremy Hogan highlighted a video here with Gary Gensler being interviewed. And it just shows his hypocrisy that he doesn't care about the law. He just cares about his own power and his next job. And it's no wonder Judge Sarah Netburn said the SEC has no faithful allegiance to the law. So he says the crypto space is full of hucksters and noncompliance. Well, the reporter asked them, would anything a court says change your mind? Great question. Gensler said, well, no, not really. And of course, he looked very shaky. He's losing confidence. And Attorney Jeremy Hogan said, you can't make this stuff up. So clearly, this man has no respect for the law. He's just making things up as he goes. It's about his show, his power, his ego. And we can't have that, folks. This guy's supported by our tax dollar. He should be kicked to the streets. And I'm telling you, I hope that Coinbase mops the floor with his buffoon and the SEC so that he has so much pressure on him. He's forced to resign. I'm hoping that happens. Now, Stuart Aldarati highlighted that same video. And here's what he had to say. What's most concerning to me and should be to you in the full video clip, this is the shocking admission of an unelected bureaucrat that he won't respect the decisions of the courts. So I'm thankful for the judicial branch and the balances we have in the government that a corrupt scumbag regulator like Gary Gensler, as much as he can go around saying all kinds of nonsense and nasty stuff, he has to respect the courts in a sense of what they put out there. Right. The SEC has to abide by that. Now, he may not personally agree, and he can, you know, like in this interview, say, oh, no, I don't agree with anything. But at the end of the day, if he takes a loss, he takes a loss. Right. So we got to keep fighting. I'm hoping the industry keeps fighting back as well. Now, quick word from our sponsor, and that is Uphold, which is a great crypto exchange that I've been using since twenty eighteen. I've interviewed their CEO and many representatives so I can vouch for this platform. They have ten plus million users, two hundred and fifty plus crypto currencies, and they're available in one hundred and fifty countries. You can also trade precious metals and thirty seven fiat currencies so you can switch between these different currencies and crypto and precious metals at a click of a button. So it's a unique platform and they've been around for a long time. Once again, I can vouch for this platform. So if you'd like to learn more, please visit the link in the description. All right. Let's move ahead. Caitlin Long was at Mainnet and she was tweeting out some of the statements coming out of Mainnet. I was at Mainnet yesterday and I met her. I tweeted out a photo of us together. I was supposed to go on Wednesday as well, but I wasn't feeling too hot. So stayed home that day. But, you know, there was a lot of folks there. And Brian Armstrong, CEO, was there. He said the Biden administration has been terrible for crypto. Well, that's to say the least, right? That's an understatement. They've been horrendous, in my opinion. Caitlin also highlighted that 61 percent of pro -crypto voters actually this is she's highlighting what Chris Lee Hain had to say, that 61 percent of pro -crypto voters in 2020 voted for Biden. Democrats are at risk of losing them in 2024 due to anti -crypto policy. Absolutely right. And these Democrats are shooting themselves in the foot. Patrick Hanson of Circle highlighted the following, that the euro stablecoin, obviously Circle issues USDC, but they also have the euro stablecoin and it's now EURC instead of EUROC. So just an update there. So the euro coin is now EURC. So just heads up on that, folks. And I want to highlight something I tweeted out today, and I think it's important. And, you know, all emotions aside, all feelings aside, I was highlighting that I'm very bullish on Ethereum for the 2024 -2025 bull market. Now this is, once again, all emotions and feelings about Bill Hinman and Joe Lubin aside, I still want those guys to be held accountable. But as for the token and the code, it's getting adoption. And I highlight that PayPal is building their stablecoin in Ethereum, right, PYUSD, Citibank's token is built on Ethereum. JP Morgan is working on a deposit token, which is built on Onyx, which is a permissioned version of the Ethereum blockchain. Coinbase is obviously launching base, which is their layer two for Ethereum, or they have launched it, I should say. And there's a rise in institutional ETH staking. So I'm very bullish on ETH and this type of news, these facts now, not my feelings, not my opinions, but these facts of adoption from very big companies and brands has me very bullish on Ethereum. I obviously hold ETH in my portfolio. I stake it and I continue to buy the dip, not financial advice. You should do your own research. And obviously I'm not just bullish on ETH alone, but just there's been a lot of adoption. And I want to highlight that because it's about facts, not feelings now. And I'm bullish on Bitcoin, XRP, Chainlink and many other tokens. Let's talk about Core Scientific, which is a Bitcoin mining company. So Core Scientific sealed $77 million Bitmain deal for 27 ,000 Bitcoin mining rigs. The deal was first finalized in August with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner. So one of the key things is that BlackRock also gave them a bit of money. Guys, this was back in 2022. So it's kind of like to the Victor goes to spoils where Bitmain was in trouble and then a whole bunch of folks started coming in to grab up as much as they can. So the deal between the two mining companies will see Bitmain supply 27 ,000 Bitcoin mining rigs for $23 million in cash, along with $53 .9 million worth of common stock of the bankrupt firm. Apart from the mining hardware purchase deal, Bitmain and Core Scientific have signed a new hosting agreement to assist Bitmain's mining operations. The deal was finalized in August when a court filing highlighted Bitmain's plan to sell mining hardware in exchange for cash and equity. As part of Core Scientific's restructuring plan, apart from Bitmain, the restructuring plan also included Anchorage. And you guys may have seen my interview recently with the president of Anchorage and the co -founder of Anchorage, Diego Monica. If you haven't seen that, be sure to check it out. It says here, restructuring plan also included Anchorage, BlockFi and mass mutual asset finance. Apart from Anchorage, all other three firms chose a mix of cash and equity options to settle their claims. The expansion investment plan by Bitmain will come into force by the fourth quarter of 2023, pending approval from a judge. Once approved, the hardware will potentially add 4 .1 exahashes to Core Scientific's hash rate. The two crypto mining companies all have also agreed to work together to upgrade Bitmain's last generation miners hosted at Core Scientific's data centers to further increase the firm's productivity. So, folks, Core Scientific, I will be potentially interviewing the new CEO and I'll let you guys know when that's coming up. But I want to definitely get into the details here and what BlackRock is doing with them in addition to Bitmain. So I'll definitely be asking those questions once I get the interview locked in. But, you know, a lot of companies are preparing for the Bitcoin mining next year. And many of you may have seen my interview uploaded earlier today with Fred Thiel, who's the CEO of Marathon Digital Holdings, and Marathon is working with a sovereign wealth fund. So, folks, there's going to be a lot of capital coming to the market. You're going to see a rise in demand for Bitcoin as the spot ETFs get approved, especially around, you know, BlackRock spot ETF and Fidelity and so forth. So I'm very bullish, you know, like I've been saying, we are in quantitative tightening, fighting inflation, rates are high, but this will end right as it has historically boom and bust cycles. The Fed will eventually start its QE again. They're going to start printing money, global liquidity will go back up and we'll be back in a bull market. We just have to be patient, dollar cost average where possible. And, you know, don't look at the price every day because you'll drive yourself crazy. And, you know, it's very volatile. Sometimes it's moving sideways. It's very boring. And I know that's tough. But just, you know, take your positions, obviously do your research, take your positions and just be patient and then, you know, watch what these players are doing. Right. Not so much the price, but watch what the players like this are doing, who's investing, who's building, who's raising capital and much more. So that's what I'm looking at. And that's why I build this podcast to share the news, because, you know, this is not going to make mainstream news. This is not going to be on CNBC, Fox or CNN or whatever it is. Right. And a lot of people are not paying attention. But I'm glad I'm here early. If you are here early, pat yourself on the back because there's going to be billions of people coming in buying Bitcoin and other crypto at a premium and they're going to go to BlackRock and whoever else. Right. But you and I are on the side of smart money. We are on the side of BlackRock. We are on the side of Fidelity. Right. Accumulating the lows. And then when the bull markets come back, then, you know, the herds, the herd who watch Jim Cramer and listen to Jim Cramer will go by. And that's when I'll be taking profits. And I'm sure many of you as well. So once you understand the market cycles, both for stocks, even real estate and obviously crypto, you know, you can make money, folks. And that's what I had to learn. I had to unlearn the mainstream media finance and listening to Jim Cramer and all these things. Right. And study the charts and understand the market cycles and know when to buy and when to sell, because all those things, you have to be a contrarian. Right. You've got to go against your emotions. You've got to go against the herd mentality. And that's hard if, you know, all your life you've been trained to go with the herd. Right. From television and media and all these things, you have to unlearn that. And once you get it, boy, it's pretty sweet. Right. To be able to make a nice return, make nice money. And obviously you've got to diversify. I diversify into different tokens, into stocks. I've often tweeted and sometimes shared, you know, my positions. Recently, I told you guys I bought PayPal because Jim Cramer said to sell PayPal. So I bought PayPal. Right. I know it's not going to be some quick flip. It may I see I may see some nice returns by next year and that's OK. I a am patient investor looking to build wealth for me and my family. So anyway, guys, that's my approach. Let me know what you think. I would love to hear what you guys think about this news. Leave your thoughts and comments below. Hit the thumbs up button. Hit the five star rating on the podcast platforms. Don't forget to check out the merchandise store. Link will be in the description. Thank you for your support. Thank you for listening. And I'll talk to you all later. Thank you.
Simply Bitcoin
A highlight from Europe's Anti-Bitcoin Bill Reveals Plan to Stop Adoption | EP 829
"It's all going to zero against bitcoin it's going up for ever more you're against bitcoin you're against freedom yo welcome to simp with bitcoin live we're the number one source for the peaceful bitcoin revolution we will be your guide through the separation of money and state speaking of the separation of money and state interesting news coming out of Europe kind of not as bad as the proposed bill by Elizabeth Warren that we covered on one of simply bitcoins simply bitcoin lives episode this week but it's something very similar right this idea that every single transaction needs to be KY seed right and then I think that will inevitably lead to the any host unhosted wallet needs to be KY seed all right the the wording specifically in the Elizabeth Warren bill included any minor any validator any software wallet so you know it's just of course the powers that be that tremendously benefit from having a monopoly on the creation of money having controls on money of course to benefit themselves of course they're not going to be okay with this and this was the theory that was originally you know put out back in the 90s in the book the sovereign individual I'm going to read you guys a passage from that book because I think it correctly predicted exactly the reactions from governments I don't think governments have been able to they're not used to this environment where they have competition and most importantly not only do they have competition but they can't shut down the competition right because we remember we saw Facebook try to launch their own you know digital currency and they got shut down real quick the thing with Bitcoin right and Bitcoin only right because aetherium is inherently centralized meaning it will inevitably be co -opted so they have no choice but to ally with the state and they were in order to survive but with Bitcoin can't be stopped and because it can't be stopped it creates a forcing function in the long term as more and more individuals choose to opt out of inflationary money into deflationary money so yes of course times are changing but it's not only on the money front right we're not only living through the disintermediation of money but we're also living through the disintermediation of information and yesterday was a historic day I've never seen this in my life the UK Parliament sent Russell Brand an extremely popular independent content creator a letter to rumble we love rumble by the way we're on there subscribe to us on there and shout out to our rumble audience as well it's been growing by the day so we appreciate you all they sent a letter to rumble asking rumble to demonetize Russell Brand like YouTube did so we have governments that are directly asking platforms to demonetize content creators of which they don't did they don't agree with that is absolutely absurd and these are the same governments that want you to trust them with central bank digital currencies if they had central bank digital currencies in place they wouldn't even have to ask the platforms they could just flick the switch themselves so when we say Bitcoin or slavery or how beauty on said it and I'm starting to lean this way to Bitcoin or death we are not exaggerating and you have to choose what world do you want to live in in the future and most importantly what world do you want the future generations your children your children's children to live in so it's gonna be a great episode I'm really looking forward to it you have to stay on top of what's going on anyways we also we also have a very special treat for you guys we have the head of customer experience from foundation devices the maker of the passport hardware wallet and he's gonna do a live demo for us during the culture cement segment so I'm really really pumped about that let me bring up let me bring him up on stage Bitcoin Q &A you're quite well known on Bitcoin Twitter as well how you doing buddy yeah doing very well thank you very much for having me I'm psyched to shoot the shit with you guys this evening well even in my time but yeah certainly some interesting goings on especially around the Russell brand thing so I'm sure we'll be able to share some insights on that one but not a good look yeah I completely agree man it's it's some some interesting times we are living through people some people call it the fourth turning I don't know man but the phrase that sticks with me the most is weak men create hard times hard times create strong men strong strong men create good times we're definitely going through this era and then I think it was actually Vladimir Lenin that said the very very famous quote right where there are decades that nothing happened and then there are weeks that decades happen I think we're definitely living through this moment of time anyways no more delay let's bring up my legendary co -host not optimistic today no smile oh there's this smile sorry I was caught reading the channels optimistic fields how you doing bro well I am doing wonderful and I'm actually really excited for this culture segment today guys I got a sneak peek of the demo that we're going to see and I think there's gonna be awesome this might be a simply Bitcoin first for the live show but to the news stories and stuff it really just goes to show that if you speak the truth you are the enemy of the state and I think more and more and more people are waking up to this because they either continue to de -platform you from your banks or de -platform you from social media for saying what they don't want to be said you know for saying the quiet part out loud and you know this is why we do our show in a very particular way so that we can survive on YouTube but man it really just goes to show that the powers that be are completely terrified of people talking about the truth hence why you guys need to talk about it more and continue to spread that signal but it just goes to show that this is the the last I don't know the last gasp of the great Leviathan you know what's them saying like darker before the dawn like this is their last grasping at straws to control the truth and and I mean I've been saying for a while I think the monopoly on truth is slowly and dwindling they're going to try to make examples of this so you know just be prepared we know what's coming so protect yourselves protect your family and continue to spread the Bitcoin truth the Bitcoin signal actually just truth with a capital T I suppose anyways Niko let's let's get into this one let's get into this one let's get into the show man I'm really really excited alright guys let's get to the numbers we have a lot to talk about today and I'm super is your Bitcoin in cold storage really secure is your seed phrase really secure stamp seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper don't store your generational wealth on paper papers prone to water damage fire damage you want to put your generational wealth on one of the strongest metals on planet earth titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they aren't going anywhere no risk of the plate breaking apart and pieces falling everywhere titanium stamped seeds will survive nearly triple the heat produced by a house fire they're also crush proof waterproof non -corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul stamp your seed on stamp seed alright guys I literally made it super easy for you guys you can scan the QR code on your screen it will take you directly to stamp seed website you can get you could store your generational wealth on titanium so you don't have to explain to your children why you lost your Bitcoin because you stored it on paper you can use promo code simply get 15 % off anything on the stamp seed website at the time of recording the Bitcoin price is twenty six thousand five hundred and seventy sats per dollar three thousand seven hundred sixty four block height eight hundred eight thousand seven hundred twenty nine blocks to having thirty one thousand two hundred seventy one having estimate April 21st 2024 total lightning network capacity four thousand eight hundred fifty five Bitcoin capacity value one hundred twenty nine million US dollars realized monetary inflation one point seven five percent the market capitalization of Bitcoin currently sitting at five hundred and seventeen billion dollars Bitcoin versus gold market cap four point zero one percent in the grand scheme of things Bitcoin is still a baby if Bitcoin reaches not if when Bitcoin reaches the gold market cap that is five hundred thousand dollars per coin and I think that's just getting started anyways we played you guys a video yesterday of a member of the United Nations talking about how we are in an information war we played you guys the video and she was basically recommending that that that they no longer have people to call on on Twitter to censor information she was also saying how there's an army of people that are propagating United Nations approved information well you know she's she's talking about as if the information that's coming out of the United Nations is a matter of fact right she's talking about the problem of disinformation disinformation well my question to you guys is who gets to decide what is disinformation and what is information right well we advocate for on simply Bitcoin is individuals not central planners not governments using their own critical thinking abilities right to dictate okay this is a good idea this is a bad idea right this is how the American this how the American Constitution it's literally written like that that there's a reason that the First Amendment is the way it is right the government or Congress should make no law you know basically censoring or stopping the freedom of the speech of people right and they made it that way for a reason because if there is a central authority if there's a government that gets to dictate what information is true what information is not true history has shown that they'll use that power to protect their own political mode right so thank God for the internet thank God for technologies like Bitcoin thank God for technologies like Noster for example they can't do this anymore and because they're not able to do that they're freaking out number one and number two and number two it becomes a forcing function over a long period of time but that doesn't stop them from trying here is the former New Zealand Prime Minister at the United Nations saying that that words are weapons of war right weapons of war if so if you say something against the government that all of a sudden becomes a weapon of war and again this has escalated it is escalated to the point where the UK Parliament has asked rumble to demonetize Russell Brand who's a very popular content creator who goes against the legacy corporate media's narratives right and it kind of embarrasses them so what are they doing they're attacking his money they're saying rumble okay they can't they've tried to deplatform people before they've gotten a lot of pushback so what they do instead is that they attack his pocketbook obviously YouTube complied they demonetize Russell Brand's content but rumble said no we're not doing that so love that of rumble we're on rumble we support rumble that's awesome but another thing that I want to say is that the allegations against rubble Russell Brand are just that they are allegations they have not been proven so something that has not been proven is a justification to shut off someone's living that is insane anyways let's check out this letter and this is a letter by part by the UK Parliament the specifically the cultural culture media and sport committee to the CEO of rumble Chris Palavoski who says dear Chris I'm writing concerning the serious allegations regarding Russell Brand in the context of of his being a content provider on rumble for more than 1 .4 million followers the cultural the culture media and sports committee is raising questions with the broadcasters and production companies who previously employed mr. brand to examine both the culture of the industry in the past and whether that culture still prevails today however we are also looking at his use of social media including on rumble where he issued his preemptive response to the accusations made against him by the Sunday Times and Channel 4 his dispatches while we recognize that rumble is not the creator of the content published published by mr. brand we are concerned that he may be able to profit from his content on the platform did you hear what they said the government is concerned that Russell Brand might be able to profit from his content because there was some allegations made against him conveniently a lot of Russell Brand's content is criticisms of the government so I mean big coincidence I guess you would you could say we would be grateful if you could confirm whether mr. brand is able to monetize his content including his videos relating to the serious accusations against him is so we would like to know whether rumble intends to join ryu tube in suspending mr. brand's ability to earn money on the platform we would also like to know what rumble is doing to ensure that creators are not able to use the platform to undermine to undermine the welfare of victims of inappropriate and potential potentially illegal behavior so they asked rumble to demonetize a content creator an independent content creator that's the key word when we had Parker Lewis on the show and I was talking about the legacy corporate media he didn't say no Nico it's not the legacy corporate media it's the legacy government media so anyways why is this happening I think Jeff Booth said this perfectly we read this to you guys the other day and this all boils down to the money this is why we say as Bitcoiners fix the money fix the world here's Jeff Booth he says because broken money Elon Musk said how did most of the legacy media go from superheroes of free speech to supervillains of speech suppression and Jeff Booth says because broken money ensures the centralization of power by stealing the productivity through inflation that should flow to society in the form of lower prices then those enriched by that theft and subsequent power must control the messaging to keep it but it all it wasn't only Jeff Booth that said this here's an article from our friends over at Bitcoin magazine of nine Bukele the president of the country shining on the hill the Savior El Salvador the first country that made Bitcoin legal tender the beachhead for the Bitcoin movement around the world he goes on to say the most vocal detractors the ones who are afraid and pressuring us to reverse our decision are the world's most powerful elites and the people who work or benefit from them they used to own everything and in a way they still do the media the banks the NGOs international organizations and almost all the governments and corporations in the world and with that of course they own the armies the loans the money supply the credit ratings the narrative the propaganda the factories of food supply they control international trade and international law but their most powerful weapon is their control of the truth and they're willing to fight lie smear destroy confiscate print and do whatever it takes to maintain and increase their control over the truth and everything and everyone I think come from Nico or simply Bitcoin that came from the president of El Salvador name Bukele so what is happening here two things are happening here thing number one the internet has empowered individuals and those individuals can now use the internet to uh to grow these massive platforms themselves and because they're individuals they're a lot harder to co -opt and at the same time we are witnessing the distance remediation of money that internet has allowed Bitcoin and Bitcoin has empowered individuals to choose their own money too so government states NGOs international institutions right that have had this privilege of having not only having the monopoly in the control over money but also the monopoly in the control over information it's quickly diminishing in front of their eyes and of course that system is fighting back they can't take that they've been used to operating in a system where they've been able to control the narrative they've been able to control the truth and that is slipping through their fingers and they don't know what to do and that's why they're short -circuiting the way they are that's why we've gotten to a point where the UK Parliament is literally asking a platform to D monetize an independent content creator not to mention all the stuff that was revealed during the Twitter files where it was exposed that the US government even though that is explicitly against the US Constitution the government should not be censoring speech was asking Twitter to D platform D boost and censor certain speech and these are the same governments that also want you to trust them with central bank digital currencies and they expect you to believe that they're not going to use central bank digital currencies as a weapon as a forcing function in order to control your actions as a individual and this was all predicted I might add in the book the sovereign individual which we'll get to during the new segment but this is some crazy times now what can you do to protect yourself in this particular situation do your own research pick what information sources you choose you you want to choose I love Twitter because it's like a news aggregator and the the news that you know pops up pops up Noster is a great platform rumbles a great platform YouTube is is good to do your own research don't rely on a single information source and then most importantly the most empowering thing you could do is to opt out of state money opt into Bitcoin I think that's the most powerful thing you could do look the most important the most important vote you can make that voting for a Democrat or Republican it's not to say that it's not important to vote but the most powerful vote that you can do that will actually change things is voting with your wallet opt out and the way that you do that is you buy Bitcoin earn Bitcoin mine Bitcoin and take that said Bitcoin into self custody the moment you do that you're part of the peaceful Bitcoin revolution whether you are aware of it or not and that is how we win if enough people take self custody we win and there's nothing they could do about it speaking of self custody we have the head of customer experience with us today Bitcoin QA and you guys make it super fucking easy to take self custody with the hardware wallet that you guys make and not to mention the awesome application that you guys make so Bitcoin QA what's your take on this whole Russell brand stuff I can't believe we've reached this point if I would have been told this five five six years ago I would have said that's impossible there's no way that's that that's so ridiculous what's your take on all this yeah before I enter you I've just got to say that was one hell of a fucking monologue I take my half to you that was fantastic yeah kudos and yeah the whole Russell brand thing man just completely shocking another example yet another example of government overreach Russell brands been a thorn in the side of the UK government if you can't tell by the action by the way to anybody's listening that I'm from the UK and he's been a thorn in their side for years and he's a very well educated man he's very well spoken and he has drawn a lot of following by speaking out against money printing against government policy he was rabid about the whole covert thing pharmaceuticals getting rich because of you know yeah you know all of the corruption that went on over those couple of years and I see this recent letter as that them seeing the opportunity as they're into trying you know get one back on him you've touched on earlier that the fact that all of these are just allegations at the moment and the fact that they're going around trying to take money off him from you know he's not been convicted of anything at all that's not see won't be but right now they're just allegations and they're trying to take his money off him it's just completely shocking and they're just trying to lash out because he's been a pain in their ass royally for years so yeah I mean they're just they're just overreaching and leveraging their powers wherever they can just to kind of deep platform and then hurt his wallet as well unfortunately yeah 100 % they attack his money they attack and again like they attack his money and they're also like hey guys these CBDCs like we'll respect your privacy you could trust us what are you talking about anyways Opti what's your take well I actually I kind of want to ask Q &A question because there is some talk about this in the chat what's your thoughts on Russell Brand being like controlled demolition Q &A whoo how do you mean like basically that this is like an orchestrated attack you know once everyone's talking about this maybe Russell Brand isn't necessarily as much of a truth speaker as people are making him out to be like does he actually believe what he's saying or is this just kind of one of those things where you know you create a figure and then you kind of tear him down to discredit the whole movement in general the whole truth movement yeah possibly I think I think most of what he says is genuine he before he started doing all of the YouTube stuff like he was he was a you know some form of a celebrity he had a big following and could have monetized himself as a product in many many other ways by coming out and being as outspoken as he has against the the prickly topics of like money printing and you know COVID etc he must have known you know he's smart enough to know that would have been incredibly divisive to people that followed him so I lean towards the fact that he's genuine and the fact that they're probably gonna try and use him as a scapegoat to warn ward off other people that kind of speak out against any government policy etc etc yeah I'd agree I mean like especially considering what his status was it's hard to follow the incentives and be like yeah he's got a lot to gain from this when in reality he's on the verge of losing everything so I'd agree with you and then just kind of going back to the beginning of this rant and and people are saying epic daily Nico Jones rant today so good job Nico I like when Nico gets get animated remember growing up guys when I grew up I had a saying and I'm sure your mother told it to you as well and we all probably said it in kindergarten you know sticks and stones but words may never hurt me and now we grow up in a world where words are violence like what is going on guys and that's a convenient it's a convenient way I know Nico I was getting there I'm asking rhetorical questions on the show now okay I'm learning some Nico Jones tactics but as we know guys as we know guys you know if you can stop words from being said then you can stop thought and if you can stop thought then you can ultimately stop behavior and this is where they're going they want to ensure that you guys sell censors so that you guys don't lose everything and this is where we are guys that they are absolutely afraid of people speaking the truth they're absolutely afraid of the average person waking up and exposing all of their lives because that's all they have they have lies and favors and they have the monopoly on truth as we think now is more important than ever to speak your minds to make sure you're having these conversations to as the saying goes you know speak truth to power and all that good stuff because there's been a constant theme throughout 2023 or actually rather since 2020 basically is that if your voice is too big and you talk against the establishment then the powers that be will do anything they can to put you back in line and whether that means you know breaking your reputation taking all your money dragging you through the court of public opinion we know what their tactics are and if you're following along closely then you know what the playbook is and it's almost like they're doing the same thing over and over and over again but I think the silver lining of this is that it seems like their playbook isn't working as well as it used to which in some sense should be absolutely terrifying because then they're going to go to even more extremes and you know I'm not gonna say what everyone's thinking but it's gonna get crazy guys and so I think it's just becoming very very clear that as an individual just even a normal person that doesn't have a platform like you want to do whatever you can in your power to protect yourself and hence why we always say that it always boils down to the money guys so protect your money protect your livelihood by taking your Bitcoin into self -custody by saving in Bitcoin and because remember guys this is always about theft they want to take your wealth and put you back in your place and then distribute it and make everyone feel good and we're seeing this happen in real time and it isn't lost on me that this is done via a letter you know it's just like hey how nefarious can a letter be but if you're reading in between the lines then you know how nefarious this letter actually is and that this is a coordinated attack on someone that's talking against the establishment and if people like Russell Brand you know say what you want about him but if people like him can't speak about the truth and they also get run through the grinder like imagine what would happen to an average individual like there's no hope for us if people of that stature can't talk about what's actually going on in the world and hence why it's so important to continue to double down on independent content creation spreading the truth talking about all this stuff because this is all we have we have the truth on our side and as the saying goes you know the truth will set us free so just just don't be afraid you know be brave but also be smart out there and the best thing you can do is just protect yourself and protect your money protect your family and I think as more people do this then the world will slowly but surely start to fix itself anyways you know amen we'll see what happens amen preach brother all right everybody let's get to the news we got a lot to talk about today let's check it out no no no no no no before we do that before we do that I have to give a shout out to our awesome sponsor Bitcoin 2024 it's gonna be the largest Bitcoin conference on planet earth it's gonna be in Nashville Tennessee it's not gonna be in Miami this year July 25th through the 27th 2024 you definitely want to get your tickets quickly before the prices go up for a GA it's 349 for an industry pass it's 849 for a whale pass it's four thousand seven hundred forty nine Opti and I are gonna be there it's gonna be awesome check out Bitcoin 2024 in Nashville Tennessee the year of the having Opti and I are gonna be there some other simply Bitcoin members are gonna be there it's gonna be awesome use promo code simply to get a 10 % discount on the already discounted tickets to Bitcoin 2024 all right now let's hit the news the daily news I want to give a shout out to our sponsor foundation devices it's self -custody done right they built a premium grade hardware wallet called passport right here in the u .s.
The Café Bitcoin Podcast
A highlight from Store of Value and Proof of Work with Ben Justman, Founder of "Peony Lane Wine" - September 18th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohle, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. All right, all right. Good morning to all of you Cafe Bitcoiners. Happy Monday. It is time for another awesome week in Bitcoin. Man. It is so cool getting up on a Monday morning. You know, most people are like, oh, God, it's another Monday. They don't even want to get out of bed. They're dragging ass. They're like, oh, but Bitcoiners are like, let's go. All right. Good morning to all of you, Lisa. Good morning, Peter. Good morning, Mickey. Morning. Good morning. Don Bay Terrence. Good morning to all of you. Shout outs to my cobart in the audience. Joe Carla. Sorry. Hi, guys. Alex, the other Alex, there is another Alex. Alex talks tweets. She works at Swan. Shout out to you. You're welcome to come up. She does some amazing stuff. I'm not there's other people in the audience here who work for Swan. I'm not going to talk to you because you guys have some semi names. I don't know. Anyway, morning, Jacob as well. Welcome back from your golf excursion or the weekend. Tone vase morning there on you an invite. I just found out I'm on a panel with tone vase for Pacific Bitcoin. I'm moderating tone vase and Pierre Richard and Jimmy song. That's awesome. And I guess our mission is to talk about shit coins. So for whatever that's worth. All right. Welcome to Cafe Bitcoin episode four hundred and thirty six. Shout outs to our supporters on Fountain and Noster Nests. Our mission for this show is to provide the signal in a sea of noise, teach the other seven billion people on this planet why there's hope because of this bright orange feature we call Bitcoin. Today's show, we're going to be discussing BTC performance versus other assets. There's a tweet Saylor put out with a really interesting chart. We'll be talking about that. United States interest payments are at insane levels and the near perfect energy arbitrage of Bitcoin later today. We have Ben Justman from Penny Lane Wine coming on the show. Very excited. He's an example of the Bitcoin circular economy. So you've got people who are craftsmen making really fine high end things and they're selling them directly to big winners. And man, I love to see it because this is the future. Like we're moving away from this entire consumer rush, rush, rush, get on the hamster wheel, make money that is constantly devaluing and then spend it on shit that you're going to replace one month or one year from now because it's garbage. But that's the entire consumer economy system. It's insane. But Bitcoin is switching that. I think we're going to flip this thing completely on its head. How long will it take? I have no idea. But I think it's coming. Anybody have any opening comments you want to make before we start digging in here? Just that the coffee and the Bitcoin charts are hitting hard this morning. So let's go. Yeah, what's up with that? I saw there was something like, I don't remember the exact stat, but the open interest has is skyrocketing, I guess. We went from twenty six, what is this, five ish to twenty seven thousand two hundred and thirty ish per Bitcoin right as of right now this morning. Lisa Huff, what did you do? You know, I missed the days when Bitcoin was actually volatile, like I am excited to see that it moved and I was also excited to see that it moved down last week. But as for me personally, Alex, what you said is correct. Bitcoiners were ready to get up and do it. And in the last several months, I have, because of Bob Burnett's lovely wife, Lola, I heard a comment that she said she made about health and fitness. She said you have to approach it like it is your lifestyle. Yeah, kind of kind of changes things up. I'm raring to go at like five o 'clock in the morning. Start workout, just went to Pilates. That's my whole life story, guys. Now you know it. Nice. I like it. I think it's awesome. Like I've shifted also because now I'm on the East Coast. So the showtime starts differently for me now. And I have time first thing in the morning, get up and go do physical things. And man, it's it's been amazing. It's been awesome. You've got to exercise for life to keep your life long and healthy. It is a lifetime thing. And finding something that you enjoy doing while you exercise is critical to that. Personally, since I'm on the West Coast, I make my bed and it's a successful day before Cafe Bitcoin. And I am not qualified to discuss anything, just so everybody knows. It's all good. Shout out to Mike Germano in the audience, throwing you an invite if you would like to come up here and obligation to do so. Alex, good morning. Welcome. I think this is the first time you've been up here now. Hey, good morning, everybody. Yeah. Thanks for inviting me up. This is a lot of fun. I'm always listening while changing diapers in the morning and doing the whole mom thing before I clock in. So thanks for having me. Yeah. What are you excited about in Bitcoin and with Swan and with everything? What are you excited about? Wow. That's a loaded question. But I mean, short term, I am stoked on Pacific Bitcoin coming up. I sent out an email blast this weekend. Hopefully many of you guys received it. And I heard you mention your panel, Alex. And the description in the email of that panel is... So the title is Shitcoin Slayers, but that's pretty awesome. And basically, shitcoiners are shaking in their boots and stand no chance against Alex, Tone Vays, Jimmy, Pierre. There'll definitely be some fighting words and not some subtle jabs. It's going to be an awesome talk. Yeah, just a lot of good stuff in the pipeline for PB. Hope to see you guys there. Tone Vays, good morning. We're on a panel together. Good morning. Yeah, I saw that in the email that you were sending that over. Yeah, so that's great. Do you guys know which day that would be? That first day or second day? I have no idea. I just literally just found out myself because I got the email just like everybody else. It's funny, right? They're like, they don't even tell me. Yeah, no, it's good. I actually tweeted out just last night. Ethereum had a brand new weekly low 12 -month close against Bitcoin. And that is a very weak TA symbol for Ethereum. And it's already going down a little bit today as well. So I think, yeah, shitcoins are in a bit of trouble. But the weird thing is, though, have you guys seen what is going on over in Singapore right now with token 2049, which pretty much has become the biggest shitcoin conference in the world? It is crazy. That conference is so scary to me. It tells me that shitcoiners still have an unreasonable amount of money. And maybe the bear market's not over yet. I don't know if anyone's seen the party videos from there. No. What I wonder about is, in this next cycle, are they tapping Asia? Are you going to see a lot of shitcoin conferences over in Asia? And are they going to be gigantic? Oh, I was going to just say probably. But the scary thing is that that conference was massive. And they're renting out sweets with the best views of the... Let's get some context. Let's get some context. What do you mean by massive? What does this mean? What does massive mean to you? Numbers? Do you have an idea of a number of attendees kind of thing? I don't. I'm assuming 5 ,000 to 10 ,000 people. I wasn't going to watch that much. But it was like the after party, right? Like renting out the most expensive restaurant in Singapore. Getting front row seats or the best views of F1, a race that was happening the day after the event. If you just do the hashtag token2049 and just look at their after parties, I don't think anyone really cares. It seemed like a borderline Bitcoin 2022 or one of their older ones. It was insane. And based on how well the shitcoin community is doing, I'm like, man, this bear market may not be over yet. Well, Tone, they're long on other people's fiat, but that tells me they're short on their own tokens. That's why they're spending so hard. It's possible. Is Ethereum ever going to make new highs against Bitcoin? Nope. No, no way. And I said that on a show. I was on Ben Cohen's podcast and a lot of his audience is apparently shitcoiners. And I said that no shitcoin has ever made a new high versus Bitcoin in the following bull market of Bitcoin. Like it's never happened. Actually, I did find one exception. That exception was Doge. But that's because of Elon Musk. It's not because of anything Doge did. And BNB, right? No, BNB never really pumped in the 2017 market because it was just launching then. So BNB's high is the 2021 bull market, and that will never be surpassed. In the case of Ethereum, it's the 2017 bull market. In the case of Litecoin, it's the 2013 bull market. So if a token has been around for like a full year before the bull market, that is its ultimate high. Like it never breaches it. Ethereum will never break its 2017 high. No way.
Bitcoin Audible
A highlight from Chat #84 - Layers, Payments, and Relays with Utxo
"I'm not like really trying to make money with no less, you know, I really just want Bitcoin to be money I want my merchants to accept it. I want businesses that I go to all my friends to accept it I I just want it to be money You to Welcome the show, dude It's really really good to have you and I feel like we should have done this Already like we've been talking long enough and shooting the shit about damn near everything We're building and working on and all the projects and everything that it it should have been obvious We should have done this like three months ago. Well, we finally did it's on the books. We are we made it man We got it on the calendar. I had a calendar invite Professional and everything God. Oh my god. Is that like an automatic email that sent out to you? I didn't even do it like is like magic so professional almost like there's a business over here. Okay? Well, dude welcome and I'm I'm really stoked to get into this So the first thing I want to do just for obviously the audience But actually a lot for me because I don't really know a lot about your background and have a lot of the things we talked About like stuff you've worked on but give me give me the give me the setup, you know Like give me the the prologue to where we are now for mr. UTXA All right. Well, thanks for having me. First of all, I When it comes to Bitcoin, it's probably similar to like everybody else in the world, you know, like I heard about it mad early Thought it was stupid You know and then I used it a little bit for online poker To like because there's a lot there's a lot of censorship and online poker like, you know visa Masticar like didn't allow it certain countries. Anyway, it was a big nightmare, but Bitcoin made it so easy what you was when was this? It's probably like 2013 2014 Timeframe or whatever. Oh, yeah So this is like what about online poker? I forgot that that was there was like that corner during during those days Yeah, man. Yeah, it was big and like every site basically had it But The thing so that was kind of like my second touch point I'm like now I'm actually using Bitcoin but I hated it because it's like, okay Yeah, I can withdraw from it But the next day I go to a new site and I lost 30 % of my money It's like why did I spend all this time grinding just so big Yeah, it was ridiculous man So I just I hated Bitcoin even more Okay, and now 2017 rolls around now now it's ripping and I feel stupid. I'm like man I had all this this Bitcoin and I got it from the online poker sites You know, like it was like in the in the tens of bitcoins, right? So now I feel so stupid. So I'm like now I just buy in like right at the top of 2017 Get fucking wrecked, right? Yeah, so that but that's when I was like Instead of like selling I just did the like Bitcoin or cope thing and I'm just like, oh no I'm just gonna like hold and I don't care that I just like it wasn't a lot of money that I put in You know at that time But just like how to make it hurt a lot less but yeah But like, you know, it gave me a chance for my orange pill to like digest or whatever and then And then 20 the slow release exactly. Yeah Yeah slow release and then you know 2020 rolls around and then like everything starts to come true like all those like cope stories that I've been like Listening to over the years. It's like wait a minute. This is not a cope story It you know, this is where we were going yeah, this shit is actually real so that's when I was like, alright I'm a Bitcoin or true and true, you know, like after kovat that that was it for me So that's like that's my Bitcoin story, man. Nice. Nice What were you what led you to the development stuff that you're working on? Like what were you doing before that? so My main business is actually like AI even though like my passion is all in Bitcoin and noster like freedom tech and stuff. Like what's been paying the bills for me is like doing AI So I built a bunch of like AI affiliate sites AI sass apps That I just like that. I just own but then I got kind of bored with that I was just like so passionate about Bitcoin and freedom type I've been doing that for like probably three years now, but the truth is it's like I'm not really It's not enough to pay the bills, right? So it's like thankfully the AI has been like doing well So it gives me a free time to like work on what I love with Bitcoin So that's really been it. I mean I started using BTC pay server. That was like my first way I just wanted it on my website to accept payments But it didn't have a lot of the features that I wanted. So I just I started building them for myself It was a selfish thing. Really. I just I wanted the functions to work on my site. So I started contributing and just, you know the path it just kept opening up and now lightning and Yeah, so that's that's kind of like the origin story of Getting into dev for me. Did you build with BTC pay server for a while or Like did I use it on my websites or did you actually did you actually build with the project I Can contribute to BTC pay I guess. Oh, yeah. I've been I've been a contributor at BTC pay server for like almost three years now So all the like WooCommerce press the shop all of those integrations a big part of what I do is like handle the SDK so that BTC pay server can communicate with like WordPress and press the drop and all that kind of thing So that's like the big thing that I handle Me and another guy named Andy. We basically like handle that package and like that's the backbone of how Probably like half the websites out there using BTC pay server Gotcha, and it was it was pretty limited when I started You know, I'm actually curious. Um, I would love to hear what your layman's explanations because I know where dev kits and stuff kind of fit into the stack so to speak but it's one of those things that like you kind of use or you're familiar with something but You know so often like what is really going on has just been obscured You just kind of like know where the Lego piece fits rather than know what the Lego piece is You know, I mean give me give me your explanation especially for the audience the the less technical people What's the nest? What's the SDK? Like what's Where does that fit in and why so an SDK makes it easy for a developer to use your application? So if we take BTC pay server, for example Instead of a developer having to like read all the documentation of like, how do I make the API column? What fields do I need or whatever if you use the SDK when you're in your like code editor everything just auto completes for you so I can just be like send coins and it's just like Sendcoins address number. Boom you like instead of you just write like one line of code and it just works It just so a software development kit in a nutshell is just trying to make it very easy for developers to like integrate with your systems so literally in the context of Using the Lego analogy. It's it's like having pre -built sections of Lego blocks so that when you're putting something together you can just grab the whole block of stuff and just stick it where it needs to go and you don't have to redesign the Send find, transaction you know Look up transaction like all the all the actual pieces like you would have to write actual code and pull the API and all this Information and it's just like well, why don't you just take this block that accomplishes this task and then just keep going You know like yep solve that problem simplify that for me. Yeah. Yep. That's exactly what it is. So after you Kind of resolving the BTC pay problems that you wanted to solve This led you to Nodeless, which is the project This is this is when I found out about you because I thought this was fascinating and I was immediately like I mean No, no hate to BTC pay. I've loved BTC pay. I've been using it for a really long time But I I don't like to spend time on stuff Like I don't I have I spend plenty of time on plenty of things and I have gotten to this place where I'm just like wait, so I can just Someone else can solve this for me and I can just kind of pay them a little bit of money that's that's the best news I have gotten all month because and I've gotten to where I've hired multiple people for Bitcoin audible and it's like a huge expense, you know, and There's there's a lot to it. But now I just can't go back I just can't go back and I would never go back to publishing and doing all that stuff myself Like I just realized how much time I lost. So this is why I was immediately like Oh Nodeless because Nodeless does all of that work for me and makes those things simple So why what was your motivation for? Starting Nodeless and this is still really young right like when was when was Nodeless officially launched I Officially launched it like right before Nosterica, so I guess I was like March of this year. Okay. Okay. Yeah, so still very and that launch was like a Law, it was like a Noster launch, you know, like yes half built it like half the things didn't work You know, it's pretty good now, but at the time, you know, yeah, we're only like recently kind of stable But really like so yeah, so I start working on BTC pay server. Okay now I'm like fully green -pilled I'm telling everyone I'm like, oh, you know You gotta be self -sovereign. You gotta accept your own payments. You gotta run a node You know, like I'm going around tell and then people are like, okay, you know show me how to do it All right, show them how to do it and then before you know it I have like Not many maybe like five or six people that I got to run BTC pay server and now what is my full -time job like? Technical support for all these people. Yeah And like it gets serious like sometimes when lightning screws up like it's scary And it's hard to recover if you didn't do your backups properly and like not everybody is like so perfect at running their Infrastructure like I love doing that shit. That's great But like most people actually don't like doing that and they're not very good at it or very responsible about it either, right? so I was just like originally, I was just like if I could just run the node for my friends it would solve everything because it's actually like BTC pay server the Software itself is like amazing and easy to use. It's like everything all the challenges came from the lightning node part of it So, yeah I was just like how could I possibly do this and then that's where it's like it kind of like evolved into node list so it was like That's basically what node list is right like it's young. It's my big node and you can connect to it to accept your payments But I wanted to do it like to really stay as close to BTC pay server as possible like not be Custodial not be KYC like not do all of that So that's like sort of how we we came about doing it It was just like I I want everyone to use BTC pay server I want them to be self -sovereign But I think it is too much to ask people to run lightning nodes Like that's just that's just the truth man. Like maybe it hurts to hear that but it's true I think it makes more sense in the context of because you think about it like a major part of the problem is the same problem the internet has had since the beginning is DNS and running a cloud accessible server Running a front -end because like, you know in the context of like a Phoenix wallet or whatever. I'm running my own node Right, like on my mobile wallet and on my phone I have my keys But I don't have a web face. Like I don't have a front end so that someone can Donate when my phone's often in my pocket or something, you know so it's it's funny how much of the problems and this is the same issue like a Fiat JAF posts this a lot and he's super critical. I mean I mad respect and I like the way that he's critical But but nonetheless he he shifts on lightning all the time And and he posts the chart of like the the noster The explosion in custodial lightning, right and And and what's funny is that Like all I can do when I kind of look at that the best example I have in my mind of like what's going on there and why 80 % or 90 % or whatever now is like quote -unquote custodial lightning is zaps on Noster is that all I can do is think about it in the context of like me I have like my frame of reference how I use it and I show up in that statistic looking like I'm overwhelmingly majority custodial and The reason is is because of the lightning address like that's the reason period it's to have the web front end so that somebody can zap me and But the thing is is my value my value is not stuck in custodial So like whereas most of the payments come through to my albie address Or before it was the Ellen tips Cali BTC Ellen tips spot Which they host and is custodial all of the value was I would just withdraw to my Phoenix or to breeze or to my BTC pay server to My my lightning node Once every two weeks, so I get like 500 zaps at 21 sets 100 sets 69 sets and you know over and over and over again an Overwhelming majority of my activity is custodial, but then I only ever have like 40 bucks in it And as soon as it's like a hundred thousand sets two hundred three hundred thousand sets I'm just like, okay withdraw one payment to my Phoenix and it's behind my keys and I think like that's a huge caveat.
WTOP
"two hundred" Discussed on WTOP
"Dine -in lunch only at eighteen silver diner locations enter today at w -t -o -p search free lunch friday washington politicians they're out telling older americans array spending their bill i r is a lowering drug prices even though most of the i raise drug cost provisions haven't even been lamented the meanwhile i r a already rated two hundred and eighty billion dollars in medicare funds to pay for unrelated spending for things like electric vehicles and big insurer tax subsidies is that saving money for older americans or stealing it learn more at commitment to seniors dot org that's commitment to seniors dot org paid for by american commitment this is wtop news five twenty twenty three we're following breaking news on w t l p rudy juliani is pleaded not guilty to charges in georgia accusing him of trying along with former president trump and others to illegally results of the twenty twenty election in the states the former new york mayor and donald trump's personal attorney ernie also waived his right to appear at an arraignment that's coming up on wednesday he joins the former president and several others in avoiding a trip to atlanta to appear before the judge the first game for the commanders is quickly is approaching but one player has another date circled on his own calendar starting linebacker jaymond davis said now has a trial date as he appeals his reckless driving conviction jaymond davis is appealing a lower court conviction he was found guilty of driving one hundred fourteen miles an hour in a 45 zone and was sentenced to 30 days in jail so far in his appeal two judges have refused to accept plea agreements that davis' lawyer reached with the loudened prosecutors now a third agreement has been offered davis's lawyer asked the judge for a one day trial any time after eleventh february that's the date of the super bowl in las vegas the judge set a date for march fourth but if the plea is accepted the case could be a lot more than eighty five thousand high chairs are recalled in the u s and canada is our high chairs sold by the toy company tommy international specifically some of its boon flair and flair elite high chairs the company has been getting complaints that the chairs are coming loose because of faulty bolts kids have been falling nearly one eleven kids have been hurt in those incidents if you have that kind of high chair of the company says you should stop using it right now you contact can tommy for a free repair kit all the high chairs were made before 2016 and sold online i'm in stores including target and bed bath and beyond you can learn more by heading to w t l p dot com go to the website and search recalls sports at twenty five and fifty five powered by red river technology decisions are in black and white think red hey george tennis update yeah rah francis
Bloomberg Radio New York - Recording Feed
Monitor Show 18:00 08-25-2023 18:00
"Star team. Did I leave anybody out? I hope not. If I did, I'm just going to say it takes a village every day, every week, and we so appreciate them. Catch our weekend show, Bloomberg Business Week, as I said, 8 a .m. on Bloomberg Radio and our podcast feed. Jess, thank you so much for always jumping in here. Always a pleasure. We appreciate it, really. And check out Jess's story. It's going to be on the Bloomberg over the weekend. That does it for Bloomberg Business Week. I'm Carol Master with Jess Mattingen for 10 Stenebeck, Wall Street Week with David Weston. It starts right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is a Bloomberg Money Minute. The company a lot of us turn to for grocery shopping and delivery during pandemic lockdowns had to move beyond that when its growth started to fade. So now Instacart focuses more on the consumer data it collects that helps grocery stores sell more. Instacart saw revenue grow by nearly a third during the first half of this year. Now it's getting ready to go public and that process could start next month. The April explosion that destroyed a SpaceX rocket in Texas shortly after takeoff destroyed a lot of other things, too. It left concrete chunks strewn across tidal flats. Federal wildlife officials have questioned whether they were blocked from the site. Elon Musk is notoriously private about company doings. SpaceX isn't commenting. On Wall Street, investors focused on Federal Reserve Chair Jay Powell, saying today what he said for a while about raising interest rates that the central bank will move carefully. That led to gains of about three quarters to one percent. The Dow up two hundred forty seven. The Nasdaq one hundred twenty seven. The S &P twenty nine. Joan Doneger Bloomberg Radio. You heard the phrase the voice of experience. You're the guy that made the bet with Warren Buffett. I get that that might go on my tombstone. There's actually more than one of them. Writing on Star Wars was crazy fun. The voices of experience tell their stories on Masters in Business. When I got hired in twenty thirteen.
Oregon Rooted: The Dirt Show
A highlight from 103 Organarchist Part 2
"Welcome to Oregon Rooted, I'm Higher Peaks, and this is Lady Sativa. You're listening to The Dirt Show, where we bring you Oregon's cannabis culture. Salt farming, basically. Nitrogen is a gas. How the fuck do you put nitrogen in a plant in a bag of powder? You've got a bag of powder, how the fuck is there a gas in that bag of powder? I'll explain it. You can bond a nitrate molecule to a salt molecule. Now, salt is just something that dissolves in water. So what happens is as soon as you put that compound that you've created into water, one salt molecule breaks off and then you have the nitrate. So you get that it's water soluble now. If you ever notice a bag of dry amendments, it's dry. But when you put it in water, it all goes away. So that's the salt molecule breaking off, making that gas basically available for plants to take up. That's how all salts work. It's how all synthetic nutrients work. Then you can use different things to bond different things to different things. But any time you do that, you're breaking off one piece of it that goes into the plant and then you're leaving something else that's just a byproduct and it's not desirable. And you can't avoid it. It only happens. It's not my opinion. It's how the fucking nutrients work. So over time, you develop a bunch of waste products. You don't buy the salt to throw in your soil. You buy the salt bound to the nitrogen to get the nitrogen. But half of that bag is shit you don't want in your soil, but you still do it anyway. That gets away from all of the needs for biology because you have a water soluble gas or you have water soluble rocks. And that's the only way to get rocks and gases that will go up into the roots. But there's a whole other way, the proper way. But you have to make everything water soluble or else they can't get into the plant. Microbes make rocks water soluble. So there are fungi and bacteria and protozoas and micro arthropods and insects that take organic matter and break it down smaller and smaller and smaller into the smallest part, which is the goo of life of these organisms. So imagine you have a gut full of rocks that you can digest. So you ate a bunch of rocks, they get digested and then they're in your stomach as a liquid. It's water soluble. And then somebody comes in, slices your abdomen open and that shit pours out. Those rocks are now water soluble and available. So that's what happens with microbes. It was hard for me to really believe it enough to bet my whole farm on it. But I knew it was true. But I didn't feed salts. I didn't do any of that shit. But I was like, man, it can't be gut juice and saliva. But it is. So that's the main issue with growers of any kind. In order to grow any plant, you have to know how they eat rocks, basically. And once you fully understand that, then you can start feeding plants properly. So like I was driving through, where was I driving through? I was coming back from the coast and there was this hill of clay, red clay. So I pull over, I get myself a jar of this clay and I'm going to top dress this clay into my soil. And it's like, OK, most counterintuitive shit. Most people are like, oh, my soil is all clay. I need to add organic matter. But then I've got pots that are only organic matter. So I'm going to add clay. And what happens with clay and the biology is clay is basically... No, it's this. There's a silica plate, a silica plate. And then between those two are all calcium, magnesium, phosphorus, all the things you could ever want in a plant. So what you have to do is break that bond open with biology. And now they're available. That's the cation exchange reaction. So they're mobile elements and biology does that. So it's like, once you understand that, people are like, oh, my whole field is clay. I don't know what to do. It's like, I never need to buy cow mag. Don't buy cow mag. Buy organic matter. So it's like it's mind blowing fucking shit. And so I understand why people will be like, don't trust that it really is micro guts and spit that does all this. I get it. But it is really it's really true. And I see it in practice. Like I had to break open some pots. I had one fifties in my back porch and I had to get down to four plants. You know, the whole thing I complain about. I can get four plants. So I had to refill my pots. I took like a bunch of the 150s, broke them down, filled these two hundreds. That soil did not perform anywhere near like my undisturbed pots. Right up in your face and can't argue about it. So basically, I broke the whole system, you know, like everything was perfect. They were like, I don't know, I'll go under like I'd say the like five or six year pots at the least. So I'm not like over exaggerating. They were cycling perfect. In three years, 150, 200 gallon pot, three years, that thing's going to be cycled. Like you have no problem with digesting whatever you throw at that pot. You're not going to have imbalances, everything. It's it's an ecosystem. But I broke that ecosystem and I noticed the repercussions for breaking that ecosystem. And it just pushed me right back into this like truth that, you know, that I can't stop talking about. And that's why I warned you all. Yeah. Well, so so with all that said, when you go from outdoor into indoor, you do the same shit. You have to. Can you do living soil in small pots? No. So so you have to have like what, two forty fives in your four by four. Yeah, pretty much. I mean, I get it. There's people that have four by four beds in there. Yeah, that's what I do. So four by four bed. Yeah. This is what you want to do. Make this simple as possible. Every pot has a death zone around the ring of the pot. So let's just say even in my 200 gals, four inches in from the smart pot fabric, no matter what, I can't maintain that death ring. Like there's an exchange of air and that's all good. That's fine. It's supposed to be there. So picture this, a 200 gallon smart pot, four inches on one side of death ring, four inches on the other. So eight inches of death ring. Let's say you have a five gallon pot. How wide is that pot? Ten, eleven inches. It's like all death ring. So you can't do living soil in that. You can't do living soil in anything under a forty five. Yeah. And like I can't lift a pot comfortably bigger than a forty five. So that's and I can't go smaller with living soil. So I dedicated these pots like forty five gallon smart pots, living soils, fuck, infinite cycles. I can't even count how many. I still have the pots and they crush. I bring them outside and grow outdoor. Then I bring them inside in the fall, in the winter and grow indoor. Yeah. And never disturb it. No. Yeah. No. And here's the thing. Here's the thing. It's a balance. It's the pots are balanced. So there's a balance of root feeding nematodes and there's a balance of predatory nematodes. So that's fine. The predatory nematodes are going to take care of any bullshit in the soil. I'm pretty sure they eat some violence and everything else. Nematodes are gnarly, beneficial nematodes. Check the mouth parts. That's how you know. So once you have that and then like any root aphid issues that are probably being there's a predator for every one of those things. We haven't really categorized every predator for every prey at the highest level. We're somewhat of a good idea. But the best thing you can do is trust nature. So when I put a forty five gallon smart pot outside with a cover crop. Bring it inside. I'm not like, what do you bring in Russets? Whatever I'm bringing in is it's it's bringing in the predator for that. Yeah. So you have to go by like triple threat and shit. Actually. Shout out to ladybug or organics. Phoenix. Yeah. They're fucking dope. Yeah. That triple threat son. Yeah. Those people are great. Triple threat. You have spider mites and flower throw the triple threat fucking banging or just do living soil and trust it. And you won't have any problems. Yeah. Like there's a predator for every pathogen and problem. Have you noticed anything this year? You know, for me, the last few years, you know, aphids have been considerable an issue. Thrips are always around. It's like they fucking just hang out and you're, you know, hey, we're here forever. But you have noticed anything this year? Like on your plants or hanging around? No. You then. Well, earwigs have been horrible. Oh, fuck. So that but like as far as like I don't really have. Like I'm not even knocking on wood. I don't really have a lot of pressure like in those regards. Like, well, you're not also I'm you know me, I'm stuck in fucking town. So I'm subject to like five neighbors and they're bullshit. Right. So that's the thing. So here's here's the deal is like I live like in a place. This is all organic pasture. Right. This is soil food web central. It's all cycling properly for 60 years. They don't till anything that it's all like the ultimate and no more hemp fields. Right. No, no hemp fields. I fucking I did great with them anyway. That was fine. But, you know, aphids ain't shit. You know, aphids ain't shit. No, they're fucking no problem, man. Like any soft body shit ain't shit. Like with outdoor, it's like that all the predators are there for all those problems. Thrips, man, they are fucking annoying ass motherfucker. They are. It's not like they do much damage. It's like, fuck, man. Like they're always just there. Yeah. Because here's what says you have your homie over. And you're like, hey, check out my plants. He's like, all right, I got the thrips. Fuck, you know, it's a first. That's the first thing I'd say, man. Looks like there is some thrips. You know, grow through it. It's no problem. Yeah. You know, but if you have thrips indoor, you're fucked. Yeah. But if you have thrips outdoor and shit. Right. And I'm always trimming off that shit anyway. Yeah. But shit will eat them. Yeah. Yeah. Yeah. It should be a balanced ecosystem of like, what about cats, though? What about caterpillars? You know, come on. You got to get 17 chickens. That's right. I have 17 chickens. Good fucking luck. Yeah. And those those are monsters. Yeah. Yeah. Very good. Oh, those things are savage. Yeah. They're iridescent. If I didn't know how healthy a land you had around here, I'd say you're fucking shooting those bitches up with steroids. They look like they're all jacked up. Yeah. The transgender one is the gnarliest. That one is fucking savage. Yeah. I have a transgender chicken. So how do you how did you figure that out? Well, it goes. In the morning and then it tries to get it on with ladies. Oh, yeah. I see. That's transgender. Cool. Totally. It identifies. Well, if he's comfy with who we see. Yeah, it is. That's the hard thing about chickens. I don't know. I don't know. Pronoun for chicken. True. So I just call it transgender. And it does it nice to you. It's got a lot of testosterone, man. The thing contries me. You know, it's like really was born like it's really born confused. That can be jacked up hormones, man. My rooster won't really fuck with it. My rooster won't fuck it. Rooster won't fuck it. Nah, I'm good. It's like, I'm good. Do butch for me. I watch this shit all the time. Oh, my God. Nature don't lie, dude. But yeah, to the flock of chickens, man, they fucking take shit out. Earwigs are a problem because the chickens go to bed and that earwigs come out. So it's like. But that's when you have a little frogs and shit or whatever. Yeah. But earwigs have been a pain in the ass. But that's the main thing about the earwigs, in my opinion, is if we irrigate enough. They fucking drowned out because they're fucking dumb as shit when it comes to water. They'll just go in the water and drown. Yeah. They're like suicidal. Like if I leave any water out, they just like a whole bucket of earwigs, you know, so it's not hard to get them. So if we you know, the drought brought a lot of that. It's a problem. You know, the hemp brought in all the aphids. Exactly. And so and then they'd like probably spray weird shit. Yeah. If it's a dip, you know, like going from like Safeway to the co -op. Yeah. Coming over here because I'm spraying. Yeah. Spray with fucking Karanja. Yeah. I saw a post about that. What what's the deal? Do people forget about that stuff or what? Yeah. It's like, what? I forgot about it. I'm like, dude, I've been using that for a minute. My G. Yeah, man. I'm like. I felt obligated to remind some motherfuckers because I was like making Karanja memes for work. Yeah, you were. I saw that. I know, dude. You don't ever get in trouble. Every week. Every week, dude, I almost get fired. I'm not even kidding. You're my hero, man. Dude, I almost get fired every week. It's. Oh, I had. Well done. Oh, yeah. But Karanja is the jam. But yeah. Oh, yeah. But yeah, I heard hella people's feelings like a bunch of times. And like like the owners of like the largest like farming distribution companies. I can't like even say the names of them. Like the biggest ones you all know. They like personally messaged. We're like, man, you need to take that shit down. And like I almost got fired. Wow. Every Friday for like a month. They're like, please. Yeah. Yeah. And then I was like, oh, where? Watch this. Yo, and then I almost got fired for that. Yeah, I was like, oh, man, fucking kid safe mother approved memes. You know, I had like really healthy African -American gentleman like holding the 10 millimeter socket being like, oh, isn't it challenging that we always lose these? And I was like, yeah, I can't get fired for that. And dude, I almost did. Yeah. Yeah. Don't become a meme admin. That shit is not fun. Yeah, it sucks. Oh, dude. Been slapped on the wrist a few times. But it's cool because like really I'm just like I'm making some jokes and shit, but you can slide in really cool information into it. Like I clown salts as a motherfucker. You know which one I love the most? Tell me. Is your... Oh, God. The one the meme that you made that was the living fucking... Living Rockwell? Rockwell. Dude, I fucking, I died on that for 10 minutes. You know what? I reposted that to my story. I actually had someone message me saying, how did you get living fucking Rockwell? Oh, yeah. Yeah. I photoshopped that shit. I'm done. I'm done. Yeah. Dude, somebody hit me up. I can't answer. Somebody hit me up there like it's technically it's no -till. You're like, yeah, it is. But yeah, it's like I'm having fun with it because like I say, man, I have an agenda. There's an agenda behind everything I fucking do. Organarchist is a real thing. Right. This is like some like but it's more like the Illuminati behind the scenes. Like you got some Illuminati memes and shit. You know that deep, deep fucking meaning. Oh, totally. Yeah, it's like it's jokes. But like that shit's all real. Are you getting the point? Oh, dude, like some of them, I can't even talk about how real they are, dude. Like all I do is hang out with a bunch of people that are like, like I can't even believe it. Like all the industry people. Like I'm like rubbing elbows with them and they like talk to me and I'm like, holy fucking crap, dude. And so I make memes out of them, dude. And like almost get fucking fired. I imagine you spend a lot of time trying to turn the botsoil into living soil for people. Is that a good assumption? Oh, yeah. Well, here's the thing. Look, buy this now and build it later or build it now. You've got to start somewhere. Sure. So you've got to have peat. You've got to have cocoa. You've got to have some compost. You've got to have some perlite or pumice. I mean, the fucking, what are you going to do? Like you need like large biomass to start soil. Or like if you're doing like amending native soil straight out the gate, like no beds, no till. Then, you know, you're like buying tarps or something like whatever. But like I feel good about like being able to provide people with like the bases for things. Man, why not have a dope ass season right out the gate as you're waiting the three years to have a full cycle. Sure, sure. Absolutely. Like you said, you've got to start. You've got to start. So if you want to go into it, be like, you know what? I'm a masochistic motherfucker and I just love to fail for the sake of my integrity. Dude, don't ever call a soil company. Don't ever plug into it. Just go do your thing. I fully support you, man. But like if you're going to farm, like you want results. So it's like you're going to put a lot of effort into something and then it's nice to have some results. So you buy something that's like has everything that you've ever wanted it anyway. Like not to like shameless plug, but I'm going to fucking plug the real shit. If you ever want to start a living soil pot, bed, anything with like, you know, purchased soil. Rogue farmer relaunched. It's got every single fucking thing. It's going to sound like a commercial. I don't do fucking go to the website and look and you're going to be like, holy crap, dude. The kitchen sink is in there. There's shit that you wouldn't even think to throw in there. There's shit that is in there that in 10 years you'll be like, man, I'm glad I learned to throw this shit in there. Yeah, absolutely. Like for real. What kind of base is it? Is it cocoa or beet? Both. Oh, yeah. And compost and cow shit that's been sterilized. Like this is all laboratory made. So, I mean, of course, as soon as you open the bag, it's, you know, susceptible to everything. But at least you get to start with something, especially for indoor people. Like if you want to do indoor living soil. Yeah. Then you want to have science. A clean start. And then intentionally introduce things. Because you don't want to start off an ecosystem by like rolling some fucking dice. Like you can. Yeah. But again, if you want instant results. Then you can you can mitigate that problem and still go in the direction. Like I said, I started my whole greenhouse, amended living soil with rocket fuel. Yeah. Because I wanted to throw in a bunch of ice cream. And that's a little hot, right? The rocket fuel runs a little hot. No, it's just has. You can put seedlings in there. Oh, fuck yeah, dude. OK. Yeah. Just curious. Oh, yeah, totally. Oh, I mean, I'm not that. It's crazy. But so I just I started with that because I wanted results right away. And I got them. And then I got to pay for the whole greenhouse. And now it's all living soil, mulched, amended and like cycling properly. You know. Sure. So you got to start somewhere or don't plant a cover crop. And as the little baby shoots start to come up, tarp it. Let it all die back. Throw another cover crop, plant daikon radishes and pull the radishes and then put compost in there. I mean, I can tell you in one DM how to like do it in like probably two years. Like, you know, like real out as like native land, like regenerating. But you're not going to get any results. Yeah. Right. I knew a guy that was like all no till. Everyone knows this guy. And if he hears this, he's going to be like, I'm that guy. And it's cool because he's like, man, fucking no till sun. I'm going to go out there. I'm just going to mulch and amend some native Applegate soil. Throw them right in the holes with like one gal of like, you know, their transplant soil and run it. I'm not even doing shit. And I was like, yeah. Yeah. Failed at the highest level. Yeah. Yep. And then he was like, man, I probably should have told it. And I'm like, yeah, no, not that either.
The Bitboy Crypto Podcast
A highlight from GREAT NEWS FOR CARDANO! (XRP The Young Mans Crypto)
"Ask Sherwin -Williams and get 35 % off Emerald products and Superdex stains, August 25th through the 28th. That means 35 % off our most popular color family, blue. Psychologists have found it to be soothing and relaxing, which makes it especially great for bedrooms and bathrooms. And of course, get 35 % off all of our other colors. Shop the sale online or visit your neighborhood Sherwin -Williams store. Click the banner to learn more. Retail sales only. Some exclusions apply. See store for details. When you drive the most dependable mass market brand, you can stop thinking about what you can't do and start doing what you never thought possible. Visit your local Kia dealer today to see yourself behind the wheel of the number one most dependable mass market brand three years in a row by J .D. Power. Kia. Movement that inspires. Call 800 -334 -KIA for details. Always drive safely. Kia received the fewest report of problems among mass market brands in the J .D. Power 2021 to 2023 U .S. Vehicle Dependability Studies. 2023 study based on 2020 models. See J .D. Power dot com slash awards for 2023 details. Last, plan renews at $99 per year. $250 credit back minimum. Excludes alcohol, germs apply. I see too many people who are like, oh, if Fox says it, it must be true. And Fox is just a different kind of evil than CNN, but they're owned by the same people. The ultimate goal of Fox and CNN and MSNBC is to create chaos and anger because the everyday person in the United States has more in common than they want us to. Oh, for sure. U .S. SEC not coming out to Cardano. Charles Hoskinson whips it out online, explaining the SEC's continuous crackdown on crypto entities is political and has nothing to do with securities laws. Chuckie Ho Ho, founder of Cardano, believes the United States Securities Exchange Commission will not come after the project's native token, ADA. Interesting. He didn't say not him, but not ADA. OK, that's fine. During a recent YouTube interview on Corey Costa's crypto coins, shout out Corey Costa, a friend of ATB, Hosky pointed out that there has been no enforcement action against ADA so far. Hasn't there been a couple things where people delisted Cardano? Yeah, a lot of exchanges have delisted in anticipation that something happens, but nothing like there's like misinformation out there. I've actually talked to people who think that right now Cardano is in a lawsuit with the SEC and that is not true. Same. Same. Before we continue with the story, hit that like button. Drew, where are we at for likes, bro? Pull that mic down. Let the people hear your smooth dulcet tones. We got two hundred and eighty eight likes. Need to pump those numbers up. These are. How do I say this nicely? These are Mike Pence at the debate last night. Numbers. We need to bump these numbers up, folks. OK, prove that you are not a Fed and hit that like button. Subscribe to this channel. Leave a comment. Get active in chat, bro. Drew, give me a poll. Who won the debate last night? Poll the audience. Let's get it going. Krit Kratts, Nick Tator hosting very bullish for crypto. Heck yeah, baby. Let's keep on going. SEC is not coming after Ada in two recent lawsuits against the world's leading crypto exchanges. Coinbase and Binance. The SEC classified roughly twelve tokens, including Cardano and a bunch of other ones. Philcon. Yep, Philcon. Oh, Philcon. That's how you say it. Insisting they ought to be registered. Insisting. We're like stamping foot. Should be registered before being listed on exchanges. Coinbase CEO Brian Armstrong and Harry's Razor's number one customer once disclosed that the agency had asked the exchange to delist all tokens except Bitcoin as they qualified securities. Isn't it weird that like last week. The CFTC said Bitcoin and Ethereum were both commodities. Yeah, I mean, what's what's the Gary wants control, Nick, but it's over, right? Like no one can serious. No one can take the SEC seriously if another agency says the thing that the SEC says is security is a commodity. I mean, I don't know if anyone has been taking the SEC seriously for a minute now, but we know Gary tries to fight with every weapon he has. And unfortunately, he still has a lot of weapons. They don't work very well, but he still uses them. Yeah, and it's the delay tactic. He wants to delay everything he can. Yeah, yeah. So someone said watching Nick is painful. Well, look. Pain and suffering makes you a better human being, OK? Reject comfort. Watch this stream while I host. All right. Who won the debate last night? Vivek Pence, DeSantis, Trump. I would have put Nikki in there instead of Pence because Pence was just like a buffoon. Anyways, SEC's move is political. Yeah, we know this. Cardano Boss said the one political party in the U .S. which received a lot of money from S .F .F. is trying to show that they are not corrupt. Hence, they have moved from being bipartisan and working with other parties to create crypto rules, to accusing everyone of being a bad actor in time to throw them behind bars. I'll disagree with Hosky here saying there really is only one party in the United States. OK, it's a uni -party system. There is no true opposition. OK, I would say that the Republicans and Fox News are controlled opposition. It's it's the two two wings on the same bird at this point. Would you agree or am I am I being a little too? Oh, no, it's it's extremely obvious the same people own both sides. And I've I've said this before. We've talked about this on Investing Bros that people don't need like I see too many people who are like, oh, if Fox says it, it must be true. And Fox is just a different kind of evil than CNN, but they're owned by the same people. The goal ultimate of Fox and CNN and MSNBC is to create chaos and anger because the everyday person in the United States has more in common than they want us to for sure. 100 percent. They want us to think that if you don't agree, if you're not a Republican, you are the evilest person in the world. If you're not a Democrat or Democrats, you're the evilest person in the world. And they make money by sowing this disunity. Yeah.
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.
Bloomberg Radio New York - Recording Feed
Monitor Show 18:00 08-22-2023 18:00
"Is that what you were referring to, the Ben Emmons? No. Yeah. He sent me the note because we were talking about it. Saw it on the MLive blog as well. I mean, Jersey said in a blog, in Bloomberg, he's our interest rate guy and he said people were talking about Nvidia. Two hundred and what, 13 % so far this year? Yeah, that's right. I wish I could have owned that in January. Hindsight Capital. Oh, nicely done. That's John Authors. Doug Krasner, Daybreak Asia. It starts right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Daybreak Asia for this Wednesday, August 23rd in Hong Kong. Tuesday, August 22nd in New York. Coming up today, S &P Global Ratings joining Moody's in cutting U .S. bank ratings. Microsoft may get a new chance in its takeover of Activision Blizzard. Chinese President Xi Jinping calling on South Africa to boost its influence on global affairs. U .S., Japan and South Korea prepare for North Korea's satellite launch. Donald Trump's inner circle surrendering in Georgia. Hong Kong fights back against Japan's Fukushima waste water release. I'm Ed Baxter with Global News. Has PSG offered Mbappe to Madrid for 250 million euros? I'm Dan Schwartzman. I'll have that story and more coming up in Bloomberg Sports. That's all straight ahead on Bloomberg Daybreak Asia. On Bloomberg 1130 New York, Bloomberg 99 .1 Washington, D .C., Bloomberg 106 .1 Boston, Bloomberg 960 San Francisco, Sirius XM 119 and around the world on BloombergRadio .com and via the Bloomberg Business Act. A little past 6 p .m. on Wall Street. Welcome to the Wednesday edition of Bloomberg Daybreak Asia. I'm Doug Krisner and the Bloomberg Interactive Brokers...
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1379: Bitcoin Will Reach $400,000 Next Halving Epoch
"In today's show, we're going to be discussing Bitcoin analysts eyeing a V -shape Bitcoin price bounce as the RSI hits a five -year low. I'm also going to be sharing with you a new Bitcoin bull cycle metric, which bought them before 70 % gains. We'll also be discussing mysterious Bitcoin wallet becomes the third largest Bitcoin hodler in under three months, now at over $3 billion. We'll also be discussing the trader who nailed the 2018 Bitcoin price floor predicts the bear market bottom for crypto. I'll be breaking down his outlook. We'll also be discussing Guggenheim predicts a $400 ,000 Bitcoin price prediction, as well as Blockware. They share that the Bitcoin price can reach $400 ,000 during the next halving epoch. I'll be breaking this down for you. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at Cryptonewsalerts .net. Again, that's Cryptonewsalerts .net. Welcome, everyone. Just joining us. This is podcast episode number thirteen hundred and seventy nine. I'm your host, JV. And today is August twenty second, twenty twenty three. And naturally, we have lots to cover. Unfortunately, the market is continuing on its downward spiral. We just broke that twenty six K resistance, as you can see here. And our market watch, we've got Bitcoin currently hovering just above twenty five thousand eight hundred dollars. We have Ether barely holding on to sixteen hundred. So the million dollar question becomes, how low will she go? And checking out CoinMarketCap .com, the crypto market cap barely holding on to that trillion dollar milestone, with about twenty eight billion in volume. In the past twenty four hours, we have the Bitcoin dominance at forty eight point four percent and the Ether dominance at eighteen point nine percent. And checking out the top one hundred crypto gainers for the past week, virtually nothing, and maybe just a handful, just a sea of losses, very unfortunate for the entire crypto market and checking out the crypto greed and fear index. Of course, we're still in fear today, rated to seventy eight. Last week was a fifty three neutral and last month a fifty four neutral as well. So there you have it. I mean, I've been taking advantage of this recent dip. I mean, sub twenty six thousand dollar Bitcoin seems like a bargain. If you're to ask me, let me know in that live chat. And now let's break down today's Bitcoin technical analysis and check out the charts and what is happening right now in the markets. Bitcoin stayed stubbornly anti trend today, August twenty second, as twenty six thousand became a magnet for the intraday Bitcoin price action. And again, we're just currently dropping right below it. And regarding the RSI readings, here's what someone had to share. At this stage, it feels like a game of chicken to see who is going to make the move to break the chop, according to material indicators. Now analyzing liquidity on the Binance order book, he also notes that a broad lack of liquidity, increasing the potential for a sharp move in either direction. Quitting the analysts here, the market is waiting to see if more bid or more ask liquidity is going to be attracted to the range. So far, we're seeing small amounts of bid liquidity ladder up from twenty thousand closer to the active trading zone, but no liquidity of any size new or moved has been stacked into the range, defending the price from the lower low. The implications were nonetheless potentially very serious for the bulls with the lower low apt to risk even a twenty thousand support going forward. Quitting the analysts again, needless to say, printing a lower low on this time frame has macro implications. Printing two lower lows would push the Bitcoin price to sub twenty thousand dollar levels. So a great question. How many of you are anticipating the Bitcoin price action dropping below twenty thousand? Let me know. Now zooming out, hope remain that Bitcoin can rescue its overall uptrend. So it's not all doom and gloom. In a dedicated video, we had crypto analyst Mikal van de Poppe shared that on the twelve hour time frames, the RSI measured less than nineteen at the time of writing near its lowest level since the twenty eighteen bear market bottom. Daily levels were similar, reaching their lowest since the March twenty twenty no vid crossmarket crash, quitting him here. Every time we see such a move, you get a sort of V shape recovery back up and it finds equilibrium on the higher floor. And he also added it was very likely that Bitcoin can stage a comeback to focus on twenty six five or more next as the outlines here in this chart. He also shared that the current Bitcoin price action reminds me of September twenty twenty absorption and slowly grind higher here for a while. And I can see this play out similarly. So there you have it. What are your thoughts? Do you feel we're likely to continue downwards, potentially sub twenty thousand or even touch in as low as twenty thousand? Or do you feel we're likely to continue climbing back up as the analysts on the ladder shared? Let me know your honest thoughts in the comments. Right down below. Now let's discuss a new bull cycle amongst us right now. Shall we check this out? The Bitcoin metric that nailed the pit of the twenty twenty two bear market says this uptrend is still intact. Let's go and a new post. The creator of on chain analytics platform looking to Bitcoin shared some good news in the form of Bitcoin's realized cap huddle waves metric. Let's go. While last week's 10 percent Bitcoin price dip has up ended some of the on chain landscape, the our huddle is one of the metrics taking the longer term view of what remains a timely bull market. This metric takes existing huddle waves data, which groups the Bitcoin supply when each coin or specifically the unspent transaction outputs last moved and waits it by the realized price. An example of the price at which it last move, quoting them here, peaks in younger age bands, highlights the periods where they have a proportionally higher realized value waiting relative to the older realized value age band, said Philip Swift. And he also shares this is important to note, as it indicates that the market is prepared to pay higher values for Bitcoin today and in recent times versus historical norms. This can be a good indicator that the market is becoming overheated. What are your thoughts now? Currently, the bands of coins that last moved three to six months ago are rising, a phenomenon coming to the start of the Bitcoin's previous bull markets. And on the topic of the August drawdown on Bitcoin Swift thus concluded that the recent price dip is the context of a much bigger bull trend, quoting him again here, three to six months band trending up as new money comes back into the market equals new bull cycle. Let's go. Now, our huddle has an impressive record when it comes to Bitcoin price phases. Back in December of last year, when Bitcoin was circling its two year lows of 15 six, which is the current market bottom, Swift used this metric to call the end of the euphoria among Bitcoin's speculative investor cohort, which he labels Taurus. He stated that that time that the market is likely now at these cycle lows, which means maximum risk reward opportunity, which I discussed in great detail yesterday. I said there's way more reward than risk currently in the market. And beginning in January of this year, Bitcoin began a new uptrend that delivered 70 percent gains just in quarter one. And since then, investor composition has changed with the short term huddler entities holding Bitcoin for one hundred and fifty five days or less, reducing their overall exposure to their lowest since November of twenty twenty one. And the latest dip nonetheless increased pressure on those remaining speculators, but almost 90 percent of the short term huddler coins now held at an unrealized loss. But I also like to point out that also the smart money, which are the whales, are continuing to accumulate. So even though the short term investors are the paper hands selling their Bitcoin potentially to BlackRock or MicroStrategy, whatever big corporate interests out there, the smart money is continuing to huddle. And as you know, we like to follow the smart money with that being shared, fam. Now let's discuss this new wallet, which came out of nowhere and has now accrued over three billion dollars worth of Bitcoin in less than three months. Who do you think owns this wallet? Well, let's look into it and discuss it, shall we? A mysterious Bitcoin wallet has surged up the ranks to become the third largest huddler of Bitcoin in the world in just over three months, with the timing sparking some wild theories about its owner. According to data from crypto statistics platform Bitinfo Charts, the wallet address first received Bitcoin on March 8th, and over the course of the next three months and two weeks, the wallet had accrued a staggering one hundred and eighteen thousand BTC worth over a billion dollars at today's current prices. Now, the rapid and significant accrual of Bitcoin within a single wallet addresses has attracted its fair share of conjecture naturally on X. Some users suggest it's most likely a crypto exchange moving their funds, while some more radical members have posted and more wild theories suggesting that Black Rock is the prime suspect. As shared here, this unknown address has accumulated over three billion dollars worth of Bitcoin in the last three months. The prime suspect, my first major transaction, which was thirty four hundred Bitcoin, occurred on May 16th, 2023, almost exactly one month later, on June 15th, when Black Rock filed for spot Bitcoin ETF. Now, very interesting, right? Now, the current largest Bitcoin wallets in the world, according to Bitinfo Charts, are reportedly owned by Binance and Bitfinex and are Bitcoin cold storage wallets. The unknown Bitcoin wallet comes in third place and is then followed by another Binance cold wallet in fourth place. Now, Black Rock made waves in the crypto market, as we know, June 15th, filing an application for the spot Bitcoin ETF product that, if accepted by the SEC, will be the first of its kind in the United States and completely change the game. Black Rock's applications sparked a wave of filings for similar spot products from a horde of other Wall Street heavyweights, including Fidelity, Invesco, Wisdom Tree and Valkyrie. The prospect of a spot Bitcoin ETF whipped crypto analysts into a frenzy, sharing their bullish predictions for the price of Bitcoin with Fundstrat's head of research, Tom Lee, suggesting that Bitcoin can reach a price of one hundred and fifty to one hundred and eighty thousand dollars per coin following the halving event scheduled to be in April 2024, which is now officially less than nine months out. What are your thoughts, though, fam? Let me know in the comments. And at the end of the show, I'll be reading everyone's comments out loud. Now let's discuss before we get into very bullish price targets, including this four hundred thousand dollar prediction, which is the main topic for the day. First, let's discuss where's the Bitcoin price likely to bottom out, according to this top analyst. Let's discuss it. The trader who accurately called Bitcoin's twenty eighteen bear market bottom is forecasting how the entire crypto market can carve a price floor for this cycle. Synonymous analyst Bluntz, what a username, love it, shared on social media X that he closely is looking at the total market cap of crypto, which is the total chart. Bluntz says he sees the total chart losing about 15 percent of its value before crypto assets can witness a significant bounce, quitting him here, looking at total paints, the clearest picture of them all and far more than looking at either ETH or BTC on their own based off the total chart. I do believe the June lows still need to be swept before calling bottoms, but it will probably be the last good buying opportunity of the next few years. So seize the moment, fam. And as you can see in this total crypto market chart, you can see we're currently sitting at just barely above one trillion. He sees us dropping before rising to one point four trillion dollars. So it appears that he expects the total market cap of all crypto to plummet to roughly eight hundred and eighty billion, wiping out one hundred and twenty billion off the current market. The analyst is a popular practitioner of the Elliott Wave theory, which we commonly cover here, an advanced technical analysis approach that attempts to predict the future price action by following crowd psychology that tends to manifest in waves. Bluntz says that his prediction is based on a model that outlines an asset's potential correction after a steep rally based, quoting him here, based off simple Elliott Wave model, viewing the rise from the lows as an impulsive move and our corrective wave from the highs being around 70 to 80 percent complete. Now, let me know if you agree or disagree with the crypto analyst. Do you think the crypto market cap needs to shed another one hundred and twenty billion before we rise back on up? Let me know your honest thoughts in the comments right down below. Now let's discuss Guggenheim's seven I'm sorry, four hundred thousand dollar price prediction. Scott Minard, who is their CIO. He originally made this prediction, I believe towards the end of twenty twenty one. Now, unfortunately, he has had a heart attack and he passed, so he's no longer with us. He literally died in December of last year. But nonetheless, he still made this prediction. So we're going to cover it and then we're going to discover the outline metrics from Blockware and their four hundred thousand prediction for the height of this cycle for the next halving reaching the epoch, which is also interesting because they're also suggesting a four hundred thousand dollar price action per coin. Then we'll dive into our live Q &A. So here we go. This was again, this article was dated, as you can see here, January 18th, twenty twenty one. So this is roughly just over two years ago. And at that time, Bitcoin was trading just above forty one thousand dollars. So here's the prediction coming from Scott Minard, from Guggenheim, a large, large asset manager. I think one thing that we are seeing is the sudden interest in retail. We are moving into a speculative frenzy and perhaps it's time to take some money off the table. Now, the debate around Minard's two opposite comments for Bitcoin sparked curiosity amongst the crypto community when he said time to take money off the table. And he also added on this tweet, it was before it became X, it was right Twitter. So he shared Bitcoin's parabolic rise is unsustainable in the near term, vulnerable to a setback. The target technical upside of thirty five thousand has been exceeded time to take some money off the table. And just at that time when he made that tweet, Bitcoin entered a strong correction. And over that time, Bitcoin tested support at thirty thousand twice before resuming back northwards and also talking about the positive side, back to the four hundred thousand price prediction. The Guggenheim CIO said that Bitcoin is becoming a favorable asset class slowly. That's right. And still remains positive on the Bitcoin price action for the long term, quitting him here. The other side of that is demonstrating that crypto is becoming much more mainstream. The four hundred thousand dollar price I talked about was based off the supply of gold in the world and crypto in a lot of ways is more attractive than gold. Let me know if you agree or disagree. I absolutely agree that Bitcoin is way more attractive than gold and comparing it to the yellow metal market. Minard said that Bitcoin comes with additional benefits like portability and ease of transactions. And note that Guggenheim Partners is already seeking five hundred million dollars worth of exposure to Bitcoin via the Grayscale Bitcoin Trust, which is the GBTC product, the largest HODLer Bitcoin in the world. They currently control over four hundred thousand BTC. So this will be a 10 percent exposure to Bitcoin from five billion Guggenheim's macro opportunities fund. The investment giant's proposed SEC filing shall become effective January 31st. And when asked Minard of if any of their funds have been allocated into Bitcoin, Minard hinted that they are still waiting for the SEC to approve their proposal. He added that if client demand picks up, they would possibly consider some allocations. And he also revealed that some small private Guggenheim funds have done some allocations, quoting him again, and some of our private funds, we have already purchased it. I recommended it to somebody. So if you believe what I said, that it'll go to four hundred thousand dollars per coin eventually, then two percent of your portfolio will be 20 percent before this is all over. So there you have it. Let me know if you agree or disagree with Scott Minard. And again, rest in peace. The dude had a heart attack at the end of last year and is no longer with us. And with that being shared now for our main story of the day, and that's the block where outline prediction of a four hundred thousand dollar Bitcoin price, along with the math to back it up. Now, this is pretty awesome. And again, shout out to everyone today in our live chat. I appreciate everyone's support. Shout out to Blockware Solutions as they shared on X how Bitcoin can reach four hundred thousand dollars per coin during the next halving epoch brought to you by Blockware Intelligence. Here we go. Twenty twenty four halving analysis, understanding the market cycles and opportunities created by the halving. Unlike other commodities, Bitcoin has a predetermined algorithmic supply schedule, which cannot be changed. There are multiple factors contributing to the cyclical nature of Bitcoin's price, including network adoption and the macroeconomic environment. But the most impactful is the mining subsidy halving. Yeah, that's right. Bitcoin's market cycles are unique due to its fully transparent block chain, providing market participants with more granular information than any other asset class. And moreover, the predictable supply schedule further impacts the psychology of market participants and example demand. So number one, halving's reduce the sell pressure. Miners are the primary force of sell pressure on the price of Bitcoin they receive, although the newly issued Bitcoin and the majority of which they must sell in order to fund operating expenses for their mining operations, the weakest miners on the network are eliminated and sell pressure is significantly reduced. The price of Bitcoin begins drifting up and a new wave of adoption then begins and assuming a thirty five thousand price action after the halving, the U .S. dollar value of Bitcoin mined per year can drop from eleven and a half billion to five point seven billion dollars. That is one hundred and sixty four thousand two hundred and fifty Bitcoin less mined every year, more than MicroStrategy's entire Bitcoin treasury. Now, after the inefficient miners capitulate, the profit margin increases for surviving miners, which further reduces the sell pressure. So based on the post capitulation hashrate estimate, this would result in a two point three billion dollar reduction in annual sell pressure from the miners. Now, number two, halving brings new demand with supply being diminished. Demand is the only remaining variable determining the market price of BTC. Many market participants understand the supply side dynamics at play due to the halvings. Historically, this has led to a surge in demand in the months following each halving, as evidenced by on chain data. We'll be checking out these charts in a little bit and do the positive sentiment market participants prepare to deploy capital at the first sign of upward momentum. Now decreased supply plus increased demand equals strong positive signal for the price appreciation. Number three, the halvings cannot be priced in. Despite their predictable nature, halvings cannot be fully priced in before they occur. A higher price today would result in more miners coming online, introducing additional sell pressure and limiting the price appreciation. And moreover, the weakest miners, those with old generation machines and or high operating costs, are the first to unplug post halving. The elimination of these miners significantly reduces the sell pressure as they were selling most of their Bitcoin to fund their operations. Lastly, there are some market participants that believe halvings are bad for the security of the Bitcoin network as the diminishing block subsidy reduces the amount of miners making Bitcoin more vulnerable to an attack. And when halving successfully occur, these doubters are proved wrong and positive sentiment increases. Now, number four, Bitcoin cycle volatility and historical performance. Bitcoin's extreme volatility is a side effect of its halving shocks and rapid global adoption, resulting in four distinct stages within each halving cycle. Stage one, the halving, stage two, the bull market, stage three, the bear market and then stage four, recovery. And while Bitcoin is often criticized for its extreme volatility on a long enough time horizon, its volatility is solely to the upside. Keep that in mind. Now, nobody who has ever bought Bitcoin and held it for more than five years is down on their purchase. That's worth repeating. Nobody who has ever bought Bitcoin and held it for more than five years is down on their purchase. So in a long term, how long is that? Holla in the live chat. And for each epoch, the price of Bitcoin has increased by the following amounts from the halving to the next bull market top from 2009 to 2011. We had a 584 X increase in price action from 2012 to 2015, 92 X from 2016 to 2019, 30 X and from 2020 to 2024, 7 .7 X. And now number five, diminishing returns may not be the case going forward. Some question the bullishness of these halvings as the stock of existing Bitcoin grows relative to the amount of new bitcoins being mine. This is a common perspective, but it may be incorrect. Less than 10 percent of the existing Bitcoin have moved in the last month. A large majority of Bitcoin is held by users unwilling to sell at today's price. Now, the small amount of bitcoins that is moving and being traded is what determines today's price. There is a baseline of demand and from Bitcoin are saving for the future. The reduction in sell pressure becomes more pronounced, each halving after Bitcoin more than doubles in price. This indicates that halving induced reductions in sell pressure could become more extreme and potentially lead to larger bull runs in the future. Now, 2024 will be the first halving where the supply of Bitcoin available for trade decreased since the previous halving. And during spring of 2020, the percentage of the outstanding Bitcoin available for trade was at an all time high, indicating the Bitcoin was over becoming more abundant. However, this trend had reversed over the last three and a half years. And as the new bull market begins, there will be less Bitcoin available than the previous cycles. The first halving this has ever occurred. And assuming the price of thirty five thousand at the date of the halving, a four hundred thousand dollar cycle top would break the trend of diminishing returns, which is a reasonable expectation due to the two billion having supply shock and increasing scarcity, a liquid BTC supply on the exchanges. Now, number six, juxtaposition with gold. Gold is an asset similar to Bitcoin and that they are both non -sovereign stores of value. However, when juxtaposed, Bitcoin poses far more desirable attributes. Facts. Number one, Bitcoin is absolutely scarce, while gold is only relatively scarce. That's true because with gold, you can continue mining a new supply, adding to the overall supply each and every year with Bitcoin. There could never be more than twenty one million Bitcoin. And number two, Bitcoin is more portable, divisible, fungible and is less vulnerable to rehypothecation by centralized custodians. Facts. So after the 2024 halving, the inflation rate of Bitcoin will fall under one percent, which is less than half that of gold. Now, four hundred thousand dollars per Bitcoin would put the market cap of Bitcoin just beneath the parity with gold. Let's go. Can't wait for a twelve trillion market cap for the king crypto personally. Now, given the bullish catalysts induced by the halving, we believe this is a fair estimate for the top of the coming Bitcoin cycle. Now let's take a look at some of these charts, which they shared. This first one shows you the Bitcoin price issuance with the 90 day moving 90 day change issuance. And you can see, you know, the different metrics here in the different colors. And then let's go to their next chart here. It shows you entities net growth with a 30 day moving average. You can see the surge in demand and just continuing to move on up like clockwork. And then in this final chart here, we can see the Bitcoin price all time highs for each cycle, which is separated, which you can see here. Yes. So, I mean, if history doesn't repeat, oftentimes it shall rhyme. So I cannot wait. And I'd personally love to see a four hundred thousand dollar price action. And this shows you the hash rate, which just continues to climb, reaching all time highs, making the Bitcoin network more secure than it's ever been before. And they also shared an interesting update, which I might as well read that as well right here. Part two. Let's read a touch of this and then we'll dive into our live Q &A. What machine and electricity rate will Bitcoin miners need to survive this twenty twenty four halving? Check it out. There are three distinct phases in the time before, during and after the twenty twenty four Bitcoin halving. We've got number one, the pre halving, number two, the post halving and number three, post capitulation. Number one, the pre halving before the twenty twenty four halving, all miners will be operating at a profit but are likely selling at least enough Bitcoin to cover their operation expenses. Miners with the most efficient machines and the lowest energy rates have the lowest Bitcoin breakeven prices. And the miners with higher breakeven prices are either unprofitable or forced to sell at a higher percentage of the Bitcoin that they mine in order to cover their operating expenses. And also it includes what's minor and Avalon equivalents, which are size adjusted for the percentage of the total network hash rate. Now let's discuss the post halving after the twenty twenty four halving. Many miners will become unprofitable since miners have already made significant capital expenditures for mining Bitcoin infrastructure and are locked into energy contracts. They are unlikely to turn off immediately. So instead, they will try to continue operating for as long as possible, hoping the Bitcoin increases enough to make them profitable again. Now, unless Bitcoin price appreciates quickly, the extreme margin compression will begin to force inefficient miners offline. And number three, the post capitulation following the capitulation of inefficient miners difficulty will adjust down, lowering the breakeven prices for surviving miners who will become even more profitable. So there you have it. I mean, shout out again to Blockware. Awesome analysis on their outline of the Bitcoin price going to four hundred thousand dollars per coin at the epoch of the next halving, which again is right around the corner next year. Let me know if you agree or disagree in the comments right down below. And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 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.
Thinking Crypto News & Interviews
A highlight from HUGE HBAR NEWS! FEDNOW HEDERA DROPP - COINBASE CRYPTO REGULATIONS, ARGENTINA BITCOIN + COREUM
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, I want to start off by giving you some perspective about all markets and bad actors and good actors. You know, quite often we hear Gary Gensler say there's a lot of scammers and hucksters and whatever else in the crypto market, right? He's painting the whole industry and asset class with broad strokes. But we know that's a lie and he's just gaslighting, right? But if you look at all markets, there are bad actors there. For example, UBS, one of the largest banks to pay $1 .4 billion for fraud in mortgage backed securities. So great example that even a established, fully regulated industry still has fraud happening, JP Morgan and all these banks, Wells Fargo, they all get billions of dollars in fines almost every year because they're doing something shady. And that is because in civilization and humanity, there are bad people looking to do bad things. So it's not that the technology or the asset class is bad, but rather there needs to be proper regulations and we have to weed out the bad actors. Now one could argue it's not possible to weed out every bad actor because we don't know what's happening in the minds of people. We're not mind readers, but we at least have to have proper regulations. So when you see the likes of Gary Gensler and others who are anti -crypto, gaslighting and putting out sensationalized headlines, don't be dismayed and realize what's happening. They're trying to put out a narrative. And we know crypto is here to stay. There are a lot of folks building with the technology. Are there bad actors? Of course, just look at Sandbank -Meerfried, right? But Sandbank -Meerfried is crypto's Bernie Madoff. So you just see these things when you line up all markets, you see the bad actors and of course the good actors. So a great example here. Now folks, Michael Burry, the big short Michael Burry, apparently he is running some shorts here and it's at a market value of $1 .6 billion. Apparently he bought $890 million of the SPY puts, bought $740 million of the QQQ puts Now, we don't know what the expiration dates are on these. So we don't know what the timeline is here, but he's looking to short the stock market and we'll see how that works out because look, he was right with the 2008 mortgage backed security situation and everything that took place there. He was absolutely right, but he hasn't been right every time. And we'll see where this goes. But I think he's seeing something on the horizon that what many of us have been tracking, many analysts is that the stock market is retracing. I don't know if this is a move to all time highs. I honestly don't know. I took some profits recently because I'm like, I don't know. I'll walk away with some money on my stocks, but we'll see what happens. And, you know, as far as the stock market and we know Bitcoin and crypto has been correlated to it, you know, Bitcoin is at a pivotal moment right now. So one of analysts tweeted out sideways at $29K has run its course. So it's decision time for Bitcoin this week. Is our next significant move up or down? You all know. I'm hoping it's upwards. Right. I've been sharing a chart with you guys for over a year now where we've been following Bitcoin's retracement. You know, certainly it's going to be a roller coaster ride upwards, just like it was in 2019. Nothing goes up in a straight line. But boy, I hope there's another leg up that takes us to, you know, 40K plus. And that will be a nice retracement move, at which point I'll take some profits. But there's no guarantee of that. And right now, Bitcoin is still holding support here with this trend line. But boy, like I said, guys, I'm hoping for another move up. We'll see what the catalyst may be, maybe some bullish news, some other big player entered in the crypto market. But let's keep our eyes on this. Hopefully it's not a dump. All right, folks, we got some very huge Hedera HBAR news. You all know I hold HBAR in my portfolio. I am bullish on it. I continue to dollar cost average, you know, not financial advice. Please do your own research. So here's the headline. FedNow showcases DLT powered payment system as service provider. The United States Federal Reserve's instant payment system FedNow has added a company powered by the distributed ledger technology platform Hedera Hashgraph to its showcasing service providers. On August 14, FedNow's official website added DROPP, a micro payments platform built on Hedera to its FedNow service provider showcase section. The section aims to connect financial institutions and businesses with service providers that can help them innovate and implement instant payment products using the FedNow service. Folks, this is really huge. I mean, the Fed endorsing micro payments provider that is built on the Hedera blockchain. That is huge news. If you hold HBAR, remember, they don't necessarily have to be using the HBAR token, but we're talking about Metcalfe's law, network effects, right? The more building on a network, the more adoption, the more participants, the stronger the network becomes, the more valuable it also becomes. And of course, in this digital realm that we live in, in the token economy, the native token will increase in value, folks, because the tokens grease the blockchain, right, help to process and fund the blockchain. So this is huge news. I'm very, very bullish on HBAR. Once again, not financial advice. Please do your own research. According to the FedNow site, DROPP is a digital solution that was made so that merchants can accept payments at low cost. The company uses DLT and regulated banking tech to build its solution that allows merchants to accept payments without paying huge transaction fees. While the new updates seem like the Federal Reserve is warming up to the DLTs, the FedNow service also wrote on its website that materials are only presented as convenience to potential FedNow service participants. So huge news, folks. And remember, the folks who are part of the governing council for Hedera, their global governing council includes Boeing, Dell, Google, IBM, LG, ServiceNow, Standard Bank, much more huge, huge brands. This is one of the projects I think will come out of the whole speculation bubble and enter the utility phase and be one of the crypto blockchains that have lasting potential. So I'm very bullish on this. All right, let's move ahead. We got some updates here from Eric Balcones of Bloomberg around Cathie Wood's ARK Invest crypto ETFs. So he said new filing from ARK for a digital asset and blockchain thematic ETF will hold equities. So this is interesting. Cathie, we know she's trying to get a Bitcoin spot ETF. She's in line with BlackRock and the others, but they're also looking to build new ETFs, too. So here, Nate Geraci of the ETF store said, odd filing, given how saturated this space is. He's talking about the equity ETFs. Wonder if there is anything to read into here regarding ARK's confidence around spot Bitcoin approval, which if it happens, these blockchain ETFs would face an additional headwind in terms of competition. So maybe ARK is not that confident. So we shall see. Look, I think it's certainly almost guaranteed that BlackRock is going to get approved because of their record and because they pretty much run the world for the most part. But let's see what happens. There's no guarantees here, folks. And look, there could be a buy the rumor, sell the news event around these ETF approvals. So just be prepared for that. If an ETF is approved, that doesn't mean billions of dollars are coming in overnight. They have to set up the marketing, the structures. They have to get the RIA's onboarded, right? It doesn't happen overnight. They'll probably need a few months. If you look at the when the gold ETFs were approved, it didn't pump instantaneously. It pumped maybe like six months later the gold market. So something to keep in mind, folks, and, you know, know how to strategize. So I think there will be, once again, a buy the rumor, sell the news event. Now, quick word from our sponsor, and that is Uphold, which makes crypto investing easy. I've been using Uphold since twenty eighteen, one of my go to exchanges, so I can vouch for this platform. They have ten plus million users, two hundred and fifty plus crypto currencies, and they're available in one hundred and fifty countries. You can also trade precious metals and equities on this platform. If you'd like to learn more about Uphold, please visit the link in the description. All right, folks, let's move ahead because we got Jay Coward Clayton. Yes, former SEC chairman that I call a coward because he's the one who filed a lawsuit against Ripple and ran out the door the next day. He did not approve a Bitcoin spot ETF. And of course, we know he was doing some corruption in the back room with Bill Hinman and Ethereum to get them the free pass, nothing against Ethereum, but rather the SEC corruption, because guess what? These are the people who are supposed to have integrity. They're funded off our tax dollars and they're supposed to be stopping the bad guys, but they themselves are the bad guys doing fishy corruption in the back room, getting paid millions of dollars. So Jay, of course, making his biweekly appearance on CNBC Squawk Box this time, he was talking about Sandbag Refreed and of course, the Bitcoin spot ETF. And of course, the Joe Kernen, Becky Quick, Andrew Ross Sorkin and these folks failed to do their job. No questions about the Ripple ruling. Of course, there was no question when he came on the show, I think last week or the week before, because they're clearly and probably Jay doesn't want to answer anything and they're kowtowing to that. So it's pathetic. It is not how a journalist does their job trying to bury a story when the man who filed a lawsuit is sitting right in front of you. Right. And this ruling, we know how huge it is. Members of Congress are using it as a president to push their crypto bills through and much more so pathetic. Jay's a coward. And of course, he doesn't want to talk about it. Pathetic. They won't even ask him the question. It's not like they ask him the question. He's like, you know what? Good for Ripple, but I don't want to talk anymore. You know, it could have been that much. But guess what? No questions. Zero, zero questions. So, you know, there's a big cover up. There's a big Jay is just a coward. Like, don't even ask me that question. So screw Jay Clayton. He's a coward. Let's move ahead. Coinbase launches nonprofit to advance crypto legislation to stand with Crypto Alliance will prioritize supporting and advancing legislation in the US that supports the industry and investors. The stand with Crypto Alliance is something Coinbase obviously is trying to get going and they want you to participate and sign up. This is great, guys. We need need more of this, more advocacy, more education, more getting the word out there so that we can bring more folks together and unite against folks like Gary Gensler and corrupt bureaucrats and regulators like Gary Gensler. So the alliance is a 501 C for organization under the internal revenue service, meaning it is an exempt social welfare group. The current discussion around crypto policy in Washington, D .C., between centralized players and other big groups. Kara Calvert, Coinbase's head of US policy, said Monday during a Twitter Spaces event, but the stand with Crypto Alliance hopes to bring new voices into the picture. Here's a quote. The alliance completely embodies exactly what the crypto industry is all about. Calvert said it's all about decentralized efforts, decentralized power, decentralized access. And that's, I think, really what the stand with crypto movement is about. So this is great. I love it. I wish more crypto companies would unite and do this. And get the once again, the word out there. Education is a big key in D .C., getting our representatives educated about blockchain and crypto. We're seeing more and more bipartisan support for crypto. So our efforts are paying off, but we need to do more, of course. Now, folks, there's some interesting news coming out of Argentina. So pro Bitcoin candidate Triumph sees Bitcoin reach historic high against Argentinian peso. So we got a presidential candidate. I honestly don't know much about this person, but, you know, a lot of people are bullish on this because his name is Javier Mele, if I'm saying that right, won the country's primary presidential race. He's pro Bitcoin. And we know the folks there are dealing with insane inflation. Many have been moving to Bitcoin as a store of value, as well as stable coins. So hopefully, you know, some things could happen here where they can maybe make Bitcoin a legal tender, something along those lines like El Salvador. But there is something else happening in the mix here. So Mele's unexpected triumph is seen as a rejection of Argentina's entrenched political establishment. The pro Bitcoin candidate became anti establishment after proposing the dollarization of the economy and call for the abolishment of the central bank due to the country's economic woes. So they want to certainly use the US dollar over the Argentinian peso. And I don't blame them. So this could be a really big move. And once again, this guy's pro Bitcoin. So let's see where it goes. Moving ahead, new indictment alleges Sam Bankman -Fried gave more than $100 million to politicians. Bankman -Fried and his associates donated across party lines to various candidates and political action committees. Boy, look, I am not a conspiracy theorist, but man, this guy donated a lot of money and it's probably why he's been getting the easy path, right? Being able to stay at home in his parents' house. And obviously recently they were like, no, dude, you're trying to, you know, game the system. He released Caroline Ellison's diary. So witness tampering and all that. And they were like, all right, we're going to put you in jail. So that's a good thing. He's in jail. But look, there are some people saying he could have an Jeffrey Epstein situation, if you know what I mean. And that wouldn't surprise me, folks. This man has a lot of dirt on politicians. He made them all look like fools, right? And that's, I've often talked about it. Optics is a big thing in politics. It's narratives and optics. So right now he's not making a lot of people look good and they want him gone. As you can imagine, like get the hell out of here, whether it be in jail or you know what else. So it looks like they may try to bring back some of the campaigns, finance charges that had been previously dropped, but we shall see what happens. And hopefully, you know, he sits in jail for a long time because he committed the crime folks. He's the one that was committing fraud. He's the one that was okaying funds, leaving FTX and going to Alameda, which was his firm. They were trading that money and losing it. So straight up fraud, as I said earlier in the podcast, he's the Bernie Madoff of crypto. But let's hope justice is served here and we'll follow this as it continues. Now, here's some not so good news. Coindesk lays off 45 % of editorial staff as an eyes deal to sell company. Look, it's not so much that they laid people off, but it's in conjunction with what else has been happening with Digital Currency Group. So Digital Currency Group owns Grayscale, Coindesk, Genesis Trading and much more. And we all know what has been happening with the Genesis Trading and Gemini situation. So Barry Silbert and these guys, it's not looking good. And I would not be invested or involved in anything Digital Currency Group, guys. If you're holding Grayscale shares, just be careful. I don't know what's happening here with this whole parent group and they could be in big trouble. So especially with the Genesis Trading situation and who knows if there's going to be cross contamination, the fact that Genesis Trading is in a hole and they are going to have to pull money and sell Coindesk and all these things, it's just a mess. So I don't think these guys are running the business well. Once again, it doesn't have anything specific to do with the blockchains or the crypto currencies, but rather, you know, the risks that you take and how you run your business. So we shall see. Finally, guys, our partner, Quorium, and I highly recommend you check out this blockchain. It is a third generation blockchain. They announced here new wallet integration. Frontier is now supporting the Quorium mainnet, prioritizing security through real time fraud prevention. It says Frontier Wallet offers a swap aggregator and cross chain bridges, a key partner to manage Quorium assets effectively. So once again, guys, check out Quorium. They're doing some great things and they got a new wallet support here. And I personally hold a Quorium tokens, not financial advice. Please do your own research. As always, don't blindly invest because you hear me holding a token or somebody else, any influencer or any YouTube or a podcast or whatever it may be, always do your research. So definitely check out Quorium. They're doing some great things. All right, folks, that's the news. Let me know what you think. Leave your thoughts and comments below, hit the thumbs up button and leave a five star rating on the podcast platforms. And I'll talk to you all later. Bye.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1370: Why You MUST Own at least 1 Bitcoin - Jack Mallers
"Welcome, everyone. In today's episode, I'm going to be breaking down the latest technical analysis, as well as MicroStrategy marks three years of holding Bitcoin with four and a half billion dollars in Bitcoin and company stock, literally up two hundred and ten plus percent. We'll also be discussing PayPal executive says that their new stablecoin will be made available for DeFi in the future, as well as Bitcoin as a ticking time bomb set for historic expansion, as rare indicator sends a signal. I'll be breaking this down for you. We'll also be discussing breaking news of fun. Strad investor note says Bitcoin can hit one hundred and eighty thousand dollars before the upcoming block reward, having scheduled for April of twenty twenty four. We'll also be discussing the top reasons why the Bitcoin price will smash a million dollars per coin, as well as why you must own at least one Bitcoin right now. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. What's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my rumble channel at CryptoNewsAlerts .net. Again, that's Crypto News Alerts .net. And welcome, everyone. Just tuning in. This is Pod episode number thirteen hundred and seventy. I'm your host, JV. Today is August 13th, twenty twenty three. Kicking off today's episode here with our market watch, we can see Bitcoin still holding strong onto twenty nine thousand four hundred, but slightly consolidating for the day. We also have Ether barely back in the green, trading above eighteen hundred and fifty dollars, along with BNB and XRP also in the green. And checking out CoinMarketCap .com, the current crypto market cap sits at one point one seven trillion dollars, with about 17 billion in volume in the past twenty four hours, with the Bitcoin dominance at forty eight point seven percent and the Ether dominance at eighteen point nine percent. And checking out the top one hundred crypto gainers in the past twenty four hours, we have room lead in the pack up twelve percent, trading at a dollar thirty seven, followed by a ton up about seven percent, trading at a dollar forty three, followed by Pepe up four and a half percent and checking out the top one hundred crypto gainers for the past week. Mostly, I'd say we got a few in the green, but also probably equally as much in the red. Some of the biggest losers include Koss and Bone, with some of the top gainers for the day, the same as the week with Tun, Rune and Pepe. And checking out the Crypto Greed and Fear Index, we're currently rated a fifty four neutral, same as yesterday. Last week was a forty nine and last month was a sixty in greed. So there you have it. How many of you are currently bullish on the king crypto and have been taking advantage of this recent dip? Let me know in the comments right down below. And now let's dive into today's Bitcoin technical analysis and see what's happened with the continuous sideways trading action. Most of the alts are also quiet today on Sunday, similar to how they perform yesterday on Saturday, except for Rune and Tun taking the lead. Now, the past few weeks went in a rather unventful fashion for typically more volatile crypto asset. This past Monday saw some movements as Bitcoin dipped below twenty nine thousand to mark the weekly low. However, it went on an offensive almost immediately and had surged past thirty thousand by the time Wednesday came. But that was short lived. More volatility was expected on Thursday when the US CPI numbers were set to come out. Yet that wasn't the case. Bitcoin remained at just under thirty thousand, where it had retrace hours just before that. And then the following days were quite stagnant. Once again, Bitcoin stood still within the same tight range of between twenty nine and twenty nine five. And expectedly, the weekend didn't provide anything different, given the typically lower trading volume. So there you have it. I mean, it's been very boring sideways trading action. Nothing new. But I feel once we can break thirty two, we're likely to continue marching on up, breaking the annual high. And there's not much resistance between thirty two and forty. So do keep that in mind as well. Now for the latest regarding the first publicly traded company to put Bitcoin on their balance sheet, which is MicroStrategy. They're still holding their four and a half billion dollars worth of BTC. Let's break this down. As you can see here, it's been three years since MicroStrategy first accumulated their BTC. Michael Saylor spearheaded the strategy of making Bitcoin their primary Treasury Reserve asset, directing the firm to buy twenty one thousand four hundred and fifty four BTC for two hundred and fifty million at an individual price of roughly eleven thousand six hundred dollars on August 11th of 2020. That's when it all began. Now, in the up and down years since MicroStrategy continued to consistently invest in the top crypto asset, becoming the largest institutional holder of Bitcoin. And as of July 31st, the firm holds one hundred and fifty two thousand eight hundred BTC acquired for a total cost of roughly four and a half billion dollars at an average individual price of twenty nine thousand six hundred and seventy two. So they're roughly at their break even point. Interestingly enough, now Saylor was MicroStrategy's chief executive when the company first bought Bitcoin, but now serves as its executive chair after stepping back from the CEO role last year. The MicroStrategy stock is up more than two hundred and ten percent since August 10th. So keep that in mind. And that since 2020, the day before it made the announcement to purchase Bitcoin, MicroStrategy is currently priced at three hundred and eighty four dollars per share, according to Market Watch. And it hasn't been an entirely smooth ride. However, keep in mind, MicroStrategy is down more than 70 percent from the three year high of eleven or one thousand three fifteen, which it hit on February 9th of twenty twenty one, referring to the stock right as Bitcoin was in the midst of that ascendant bull run. And in June of twenty twenty two, MicroStrategy faced concerns it would receive a margin call on a Bitcoin backed loan, though those fears never materialized and seemed to be nothing more than FUD. And in a margin call, a trader or investor is required to put up more funds to avert the closure or liquidation of a leveraged position. And I think when those FUD rumors were coming out, Michael Saylor said unless the Bitcoin price dips all the way to three thousand, we are not getting liquidated because they had more assets to back it. So it was nothing more than FUD at the end of the day. But very interesting. I think MicroStrategy will continue being one of the largest huddlers of Bitcoin in the world. They're second in line to Grayscale, which controls over four hundred thousand BTC. And at this time being there's no spot Bitcoin ETF in the United States. The next best closest thing is to owning MicroStrategy stock. And of course, Michael Saylor is very bullish on that. Now, let's discuss the latest regarding the PayPal stablecoin, which is titled PYUSD. They've been announcing some plans for DeFi. And we also had some analysts recently come out predicting due to the launch of the PayPal stablecoin because their audience is so large, hundreds of millions of people that use PayPal on a regular basis, active users, that it can send the Bitcoin price to a quarter million dollars per coin. That was a prediction from Charlie Shrem. I covered a few episodes ago. If you missed that, be sure to check that out. Now, an insider from PayPal says the firm's new stablecoin will ultimately launch on DeFi platforms sometime in the future. In the new interview on the Unchained Pod, Jose Fernandez, PayPal's senior vice president of blockchain, crypto and digital currencies, told the host Laura Shin that the firm intends for their stablecoin, which was launched earlier in the month, to be available on crypto exchanges and compatible with the DeFi ecosystems, quoting them here. I think DeFi will be a part of the first wave in the sense that we want to go where crypto users are using stable coins today and DeFi as a use case for that. So as of today, you can only get the PYUSD on the PayPal wallet. We are ramping up the product, but definitely the intention is that it will be available in the main exchanges. And when the distribution is available, then the folks will be able to use it for the traditional use cases. The Ponte goes on to share that their stablecoin is already compatible with Ethereum wallets as it is technically an ERC20 token, ultimately meaning on the Ethereum blockchain, and that it's fully backed in compliance with New York regulations. Quoting him again, the stablecoin PYUSD is an ERC20 token. It's deployed on the Ethereum blockchain and it can be sent outside to wallets that enable ERC20 tokens. Now, there is definitely an aspect of it that has to do with being fully backed and regulated as a stablecoin. As you know, we are issued out of New York. Paxos is the issuer and the token is approved by the New York Department of Financial and Security New York has very clear and strict requirements in terms of KYC, know your customer, and anti -money laundering provisions that require the ability to be able to have the right control in place. So there you have it. And to watch this entire interview, they did check the show notes below the video in the description. I will give you a little disclaimer. I do not trust PayPal as far as I can throw them. I had a lot of people ask me, where can I get the stablecoin? It seems currently only available on PayPal, but I wouldn't be holding it. I'd prefer the real thing, which is Bitcoin the only decentralized crypto asset because PayPal, just as they can freeze your funds and freeze your PayPal account. They've done that to me before in the past, probably like a decade ago back in the day. They could also freeze your stablecoin the same way because all it is is a digital version of the dollar. So that's not so enticing or exciting to me. But the reason it's fruitful and bullish for the entire industry, it can help usher in that mass adoption, considering PayPal has hundreds of millions of active use active users. That's why this is a pretty bullish story. But anyways, now let's talk about the ticking time bomb, followed by one hundred and eighty thousand dollar prediction from Fundstrat at the time of the halving less than nine months away. And then I'll be sharing the latest and greatest from the one and only Jack Mallers and why you should own a Bitcoin and why the Bitcoin price is trending towards seven figures. Let's break it down. And yeah, if you're just joining us, make sure to say hello in the live chat. Don't be a stranger, as this is a live and interactive show. But yeah, let's break this story down. As you can see, while he followed analysts as Bitcoin is gearing up for a historic move to the upside, now that has rarely seen the indicator has flash. This anonymous analyst known as Credible Crypto shares that Bitcoin is going through a period of record low volatility or a compression phase, which he says will ultimately lead to historic expansion. Send it. Let's go. He shares a chart, which you can see here, along with fellow analyst tech dev who points out that Bitcoin's three week chart is approaching compression levels that previously signaled the start of the bull markets since 2012. Quoting credible here, historic compression leads to historic expansion. Imagine looking at this chart and thinking, yeah, ten thousand dollars incoming, a ticking time bomb till bear extinction. BTC. That's what's up. Now, while many Bitcoin bulls have lost confidence due to the Bitcoin uneventful price action, credible says Bitcoin is simply consolidating, which should be considered bullish, quoting him again, seeing a lot of if we are so bullish, why aren't we moving up? The bulls don't have the strength to push the price higher. This is bearish. But when the price is moving sideways, it means that neither bears nor bulls are in the driver's seat. Consolidation is, by definition, neutral buyers and sellers have reached an equilibrium. Now, nine out of ten times consolidation structures resolve in the direction of the trend that preceded them. We have been in a very clean, obvious uptrend since fifteen thousand dollars. So by default, then one should expect this consolidation over the last month to resolve to the upside. And he continues, your default stance on Bitcoin here should be bullish, in my opinion, unless we start breaking bullish market structure. For example, the first and lowest timeframe level of the bullish market structure that matters is twenty four eight marked, as you can see here in this chart. So there you have it. How many of you agree with credible crypto aren't currently bullish, even though the price action seems boring and continues to trade sideways? Let me know your honest thoughts in the comments right down below, which leads us to our next story of the day. That's Fundstrat's prediction of one hundred and eighty thousand dollar Bitcoin price by the time of the next halving, keeping in mind that halving is scheduled to be sometime in April 2024, virtually meaning less than nine months away. Let's break this down and shut up to Tom Lee over at Fundstrat. So I actually shared this in a tweet here this morning. Fundstrat investor note says Bitcoin could hit one hundred and eighty thousand before the upcoming block reward halving in April of twenty twenty four. And also interesting, an Indian analyst thinks that World War Three had already begun expecting the BRICS economic bloc to merge with the Shanghai Corporation Organization. And also it is shared that the financial services company attributes this projected five hundred and twenty one percent Bitcoin price hike from the current levels to the rising demand fueled mainly by the anticipated approval of a Bitcoin ETF, which I know is on everyone's mind. We know there's literally hundreds of trillions of dollars in the total addressable market, much of which can be come in pouring directly into BTC. So let's break down some more of these numbers. Fundstrat's and Pharrell's projections follow the mid -July forecast from the banking giant Standard Chartered. And guess who is the primary shareholder of Standard Chartered? You guessed it, BlackRock fam. They predict one hundred and twenty thousand dollar Bitcoin price by the end of next year in twenty twenty four. Now, Pharrell's analysis points to a Bitcoin ETF potentially adding an extra hundred million dollars in daily demand. I honestly feel that is conservative, but hey, now why the impending halving will slash the daily mining rewards down to a mere twelve million, quoting them here with a spot Bitcoin ETF launch daily demand will reach one hundred and twenty five million while the daily supply is only twenty five million. The implicit equilibrium price would need to increase so that the daily supply matches the daily demand. Now, equilibrium analysis suggests a clearing price of one hundred and forty to one hundred and eighty thousand per BTC before the halving in April of twenty twenty four. And moreover, Fundstrat envisions the possibility for a BlackRock Bitcoin ETF to become one of the most monumental ETF launches ever. Let's go. Possibly outstripping the QQQ ETF's thirty six billion in first year inflows. I think we crush it personally. The firm is of the opinion that Bitcoin ETF assets might outshine precious metal ETFs one hundred percent. Now that's a market worth two hundred and thirty billion dollars and eventually become a category worth more than three hundred billion. That's a given, right? However, approval for a spot Bitcoin ETF could enable manipulation akin to allegations about precious metal ETFs like gold and silver. A physically backed Bitcoin ETF is expected to boost crypto adoption as well as the prices. There is a chance it could mimic the gold and silver and allowing leverage of fictional supplies Bitcoin to manage futures positions, a .k .a. through derivatives. Now, when the price rises too fast, this imaginary Bitcoin supply could be dumped to tamp the global prices down. But for a while now, Fundstrat has been prophesizing a leap into the six digit territory as far as the Bitcoin price action, though these bold predictions have yet to materialize. Also, keep in mind, back in May of twenty twenty one, David Grider, the firm's chief digital asset strategist, confidently asserted that the target Bitcoin price of one hundred thousand per coin remained intact. Send it. He further envisioned Ethereum scaling to ten thousand per coin, reflecting on the broader crypto landscape. Grider's perspective from two years prior foresaw the entire crypto economy accelerating towards a staggering five trillion dollar milestone. So there you have it. Let me know if you agree or disagree with Fundstrat and their analysts that the Bitcoin price is likely to hit that target of between one hundred and twenty twenty four. That Bitcoin halving in April of twenty twenty four, that would obviously be the calm before the storm. And could you imagine the BlackRock Bitcoin ETF virtually being approved pre halving? That's going to send Bitcoin to a whole new stratosphere, in my humble opinion. I predict that we hit the peak cycle high in twenty twenty five, just considering the history doesn't necessarily repeat, but often tends to rhyme. And I remember the Bitcoin halving of twenty sixteen. It was the year following in twenty seventeen. We hit the high for that cycle of roughly twenty thousand. Then like clockwork four years later from the twenty sixteen halving in twenty twenty, we had the next halving and the following year Bitcoin hit the current all time high of sixty nine thousand. Hence, I'm predicting a multiple six figure Bitcoin price by twenty twenty five. Let me know if you agree or disagree in the comments below. And like I said, I'll read everyone's comments out loud at the end of the show. And with that being shared, fam, now let's discuss our final breaking story of the day. Jack recently Mallers did a podcast episode on his new podcast, Shout Out to Jack. I transcribed it because I find it very valuable. He was also interviewed on CNBC and talks about how hyperinflation will send the Bitcoin price to a million dollars. So here's some of the highlights and my transcription from his interview I have to share with you and then we'll dive into our live Q &A. So here we go. Here's what Jack Mallers had to share in this interview. If silver is going to 1000 X, I will walk into my kitchen right now and I will melt all of my silverware and I will sell it at market. If gold is going to rally, Elon Musk will find more on Mars. This is a super important point. Bitcoin is the only monetary instrument in the history of our species that is fixed. It does not matter how much more demand comes into the asset class because no one will ever be able to make more than it. There are two things I can guarantee you in my life. Number one, that I'll die. And number two, there will only ever be 21 million Bitcoin. And those are the two things that I could only value, which is my life and my Bitcoin. So it is the only fixed supply asset. It is not that complicated. It's going to go up because everything else can be issued more. The only thing that is clear to us and clear to our customers is that you cannot hold and save in dollars anymore. I think there is going to be a new era of the US dollar where inflation will enter and normalize 5, 6, 7, 8, 9, 10 percent. The days of 2 percent inflation are over. The Fed really blew this thing up. You can call it inflation because the CPI is low to nonsense, right? Like the government is going to tell me how the dollar is inflating based upon a basket of instruments like my Netflix subscription or my Caesar salad doesn't actually tell me how well the dollar is doing or how much it's being devalued. Miami real estate does. Bitcoin does. Bitcoin is up over 50 percent this year. You're telling me the dollar isn't inflating. You're out of your mind. I am not listening to that. The Fed and the whole monetary system is based on trust and they constantly, they constantly break that trust. Preach. It would be the equivalent to there's a fire outside of my house. I smell the smoke and someone tells me, no, no, no, no. It's a bunch of teenagers putting on a bonfire. OK, but I hear one police siren. Are you sure it's a bonfire? Yeah, yeah, yeah. It's a bonfire. Now I hear 10 sirens, 100 sirens. My whole community is running out. I'm not going to get up and look outside the window and see what's going on. I don't believe them for a second. You have to be absolutely crazy to believe the Federal Reserve right now. They are full of it. And I don't have to because I own Bitcoin. There is no one that can deflate my instrument. I get to hold it, save in it. I know the monetary policy. I sleep like a baby, like the baby face that I am. I think you are crazy to believe the Fed and these swap lines and treating these assets at par. It is a gimmick. It is a scam. Very powerful words coming from Jack Mallers. Let me know if you agree or disagree. And as you can see, this post is going viral over on X. So be sure to share it and repost it. I greatly appreciate that. Now for some other thoughts regarding predictions coming from Jack Mallers as well. When he was speaking with CNBC's Power Lunch with Kelly Evans, the strike CEO discussed the role of Bitcoin in the ongoing banking crisis. And Mallers is convinced that the Bitcoin price will hit one million dollars per coin fueled by global hyperinflation. According to Mallers, the Fed has tarnished its name by printing more money to save the banking industry, despite claims to reduce inflation to 2 % as I just shared with you. And as such, Mallers expects the Bitcoin price to continue with higher demand and Mallers reiterated the fact that there will only ever be 21 million Bitcoin units, despite the increase in demand. Now, notably Mallers bashed the altcoin industry for being centralized with founders holding massive coins at the expense of the secondary market. And as such, Mallers thinks that altcoins are suitable for speculation and should ultimately be used to accumulate more BTC. Quoting him again here, my overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. The alts are interesting, but a lot more speculative. I use them to accumulate more BTC. So there you have it. Let me know if you agree or disagree with Jack Mallers and his thoughts, what he had to share. Do you think that global hyperinflation will likely send the Bitcoin price thriving to seven figures per coin? Let me know your honest thoughts in the comments right down below, and don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q and A. And I look forward to seeing you on tomorrow's episode. HODL.
WTOP
"two hundred" Discussed on WTOP
"Is up two hundred six points the cost is down nine they hang saying is down one eighty four high is down nine wtop at one twelve good morning if you enjoy a good read the library of congress invite you to the c the national book festival returns this weekend saturday with hollywood page turner national book festival is here inspire to a love of reading from the youngest in picture books to the oldest were reading memoirs festival director jared mcneil invites you to meet author r j palacio she's talking about her new graphic novel white bird is going to become a motion picture as wonder has you'll also meet juno and inception movie star elliot page elliot's coming to talk about page boy and it is a memoir so we're really excited to have someone of that caliber coming to talk about the changes in their own life and what brings them to the point of where he is today the national book fest runs saturday from 9 a .m. to 8 p .m. at the washington convention center jason frailey wtob news okay i'm ready to record my jewelry stores new radio spot we got a great script that really goes after diamonds direct and how they're nothing special and how we can match their price great stuff great great and uh... we have this new technology that bleeps out any false claims so it saves us time with editing so uh... you can start anytime okay here goes when you visit our jewelry store we'll absolutely guaranteed direct our diamonds come straight from the mind we have cutters and the hard truth is that other jewelry stores simply can't do what diamonds direct can diamonds direct has special relationships with two beers international connections and digitally unlimited buying power the result
Mark Levin
The Ruling Class Elites Called Their Shots Before Any Official Action
"Espionage act of nineteen seventeen a president's ever been charged with the ku klux klan act of eighteen seventy one but they but they knew they knew and when he was indicted in each case they said i told you so they were excited they were happy nancy pelosi celebrated it in the last forty eight she eight hours said it was a beautiful this is all politics this is not long this is not the criminal code this is all politics and the henchmen have been brought in to do their years one twenty with all your support my pillow does been able to not only launch the original my pillow but also the my pillow mattress topper my slippers the my pillow pillow bath towels but there's so much more in fact they have over two hundred products my pillow so confident you'll each love and every one of them when you go to my pillow dot com they'll immediately receive a free gift value to twenty dollars just for checking out
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"two hundred" Discussed on WTOP
"Two hundred nineteen sixty six eight hundred two hundred nineteen sixty six or loo dot com wtop at five thirty eight traffic and weather on the eights back to dave still dying in the wtop traffic center on the capitol hill way in maryland and virginia rush hour rolls on on it many portions is slow of four ninety five but we are without any major incidents none impeding the flow of traffic everything should be shouldered for now very slow nonetheless toward the american legion bridge on both lips and on the outer through andrea toward the woodrow Wilson at the DC Potomac River bridges three ninety five congestion in outbound slow and steady lanes open uh... upriver sixty six looking good out inbound on the eastern end of the sixty six Potomac freeway the crash should be getting cleared outbound on the key bridge had one broken down the left lane George washington parkway slow southbound single file to the long -term works on the on chain bridge road northbound much better now that minor crash beyond one twenty three is clear in maryland outside of uh... piscataway and west of clinton there is a crash near highfield on piscataway road a tippett road is backing up traffic both on ways two twenty three piscataway road we had one on oxon hill road near livingston road that one's causing some uh... delays but not uh... to terrible westbound on thirty two slow off the bw parkway a crash after dorsey run road on thirty two west ninety five in bw parkway routine run run of -of the mill congestion between the thirty two and one hundred ramps two hundred eastbound after new hampshire avenue they're winching one out of the wood line and blocking the right lane in the process to seventy uneventful uneventfully slow northbound in stretches below speed through montgomery county toward the clarksburg urbana and frederick that's feeling the heat wait till you see your energy bills the solution window nation pay nothing for two years plus get two two free windows and every to you by call
WTOP
"two hundred" Discussed on WTOP
"To move in right now though it's looking pretty good 82 degrees reagan national 87 bwi marshall and 83 degrees at dulles international at 12 40 here at wtop and it's time for money news at 10 and 40 past the hour brought to you by penfed great rates for everyone here is ann kates this is a bloomberg money minute a small but growing number of big name corporations like disney and chipotle mexican grill are kicking their return to office mandates up a notch bloomberg reporter joe constant says the tide is turning you have companies like google that are doubling down on enforcement and getting serious about the what i've also seen is a shift among a small group of companies that are pushing for four days or more in the office which really is testing the equilibrium that's emerged constants believes workers still prefer a hybrid approach that is around two or three days in the office two or three days at home that has come to be the post -pandemic norm for most hybrid many families have arranged everything from child care to where they live based on working from home at least some of the time from bloomberg the newsroom i'm ann kates on wtlp it is 1242 marijuana is now legal in the state will through the dc region uh... and but one state now has a legal marketplace set up for any adult purchase recreational cannabis in the latest installment of the special series cannabis is coming to maryland wtlp's john dohman found out at a vip room at a dispensary that the shopping experience will have more or oversight supervision then you're used to were bracing for a huge influx of traffic brandon barksdale the is co -ceo of remedy at a dispensary in columbia expecting a festival atmosphere with food and music can we start serving anyone with a legal idea that proves they're twenty one or older annual have to prove that as soon as you walk in the door from that point depending on the the size of your your retail operation will depend on what happens next most likely you'll start in a waiting area until someone's ready to help you go through the list of products offered whether it's something you'd smoke or something you might he really be in an endless amount of products and skews and they continue to get developed everything will be to go consumption on premises will still be illegal in columbia john doleman w t o p news read more about how to dispense a razor preparing on w t o p dot com and will also have another report coming up to work and tell yourself out of trouble a plan to redevelop a portion of manassas cities downtown and offer some affordable work force housing near the downtown is now dead the city council voting against mclean based elm street developments plan which would bring twenty eight townhomes to the area near osborne high school project would have included twelve renovated affordable apartment units that would have been offered to city and the school employees first the council members against it claimed the project could adversely affect the adjacent neighborhood of detached single -family homes coming up on w t o p apple becomes the first publicly traded company to do this sits twelve forty diabetes four high blood pressure anxiety meds everyone's on them if you're a fifty -year -old male maybe may be a bit porky and you may even have tied to diabetes a million dollars of term insurance may only cost you about two hundred bucks a month called term provider speak with big blue at eight hundred two hundred nineteen sixty six big blue will find a term life policy for you even if you have tied to diabetes or overweight or or have high blood pressure term providers help thousands of people like you think they can't afford term life insurance to buy a million dollars of affordable term life for you all you need to do is call big blue with eight hundred two hundred nineteen sixty six blue will make sure the scales are tipped in your favor all eight hundred two hundred nineteen sixty six big blue will answer your call and work to fit you into a term life policy that you can afford remember big blues like you he's on meds too call eight hundred two hundred nineteen sixty six eight hundred two hundred feeling overlooked by your business bank treated like another number in a sea of digits at capital bank we see beyond the numbers we see the drive behind each business while others pulling are back we're pushing ahead providing businesses with the loans and lines of credit they need to five capital bank turning ifs and buts into plans and profits we're not just in the code were in your corner capital bank empty dot com member f d i c uh... i'm so stressed our business is growing we've got
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"two hundred" Discussed on WTOP
"Of two or two hundred can work like everyone's in the same room with BlueScape digital bench and virtual workspace that's fed ramp authorized visit blue scape dot com Dave dole 9 WTOP traffic latest forecast now from seven news first alert meteorologist mark Pena mark you know as you were saying we weren't expecting much rain this afternoon and we haven't seen it yeah you know we do have a few isolated showers around the region but they're not amounting to too much right now we're definitely not seeing anything like we saw yesterday with those severe thunderstorms right now looking at mostly cloudy skies temperatures are mostly into the upper 70s lower 80s and there's few showers a few as I mentioned but for the most part we're gonna stay dry through the remaining evening hours heading into the overnight hours showers though we're going to stay cloudy and then we'll begin to see some rain begin to uptick after midnight and looking like it might be of a a wet commute to especially south of the district by tomorrow morning by the afternoon hours looking like we're gonna we're gonna see widespread showers throughout the day light to moderate in nature not expecting anything severe nor are we expecting any flooding the ground is just too dry I think we're gonna be able to absorb a lot of the rain that's gonna fall tomorrow and we're looking like we could pick up try quite to bits a about half inch to maybe an inch and a half for just tomorrow alone temperatures will be cooler as well than day today with highs on either side of 70 degrees so not the best first day of summer but again we do need this rain after tomorrow we do keep scattered showers in the forecast pretty much every day for the remainder of the week with temperatures slowly moderating from the upper 70s to the 80s through the weekend and we'll also keep some rain chances in the forecast at the beginning of next week outside we've got temperatures at 76 downtown DC 74 in Ashburn 75 in Dale City all right Mark thanks brought to you by Dulles glass for all your glass mirror and shower door needs visit dullesglass .com. Dulles glass, love love your glass
Keep It!
"two hundred" Discussed on Keep It!
"King of. Cf done it there. We go pompoms yes right. That's right yeah pompoms. So she described a story. About how like Debbie allen was like. I'm going to do something exciting for you. Get like something hot. Something hot for grades because you know like the show's been on for seventy five years and You got to do something to keep it fresh. Give them give them something fun. So you can keep wanting to go into work And so she got denzel washington direct an episode and ellen says that she's onset having a scene and she says a line of dialogue that is not in the script and washington's like don't do that stick to the script you know like They get into a back and forth with each other. And i want to say that one i can get mad at denzel in this moment because i think that the whole joy of like big actors you know like You know finding a moment to like play in a scene etc. You know like you know like snapping at her because she said to lines. That aren't in the dialogue. Seems wild but maybe you can speak differently to that leslie. I don't know if ryan throws a book at you if you say well he hasn't written. I mean i'll be. I i'm not ellen pompilio like who's that show right. Well her response to genzer was this is my thought can show which okay grow work. You are making kayla cocoa money so it is your show but the keep. It goes to the next part of her story. The fact that she said that when denzel washington's wife came on set she and told her that she got into a fight. Denzel and i was like you could have a spat with denzel washington onset. But why are you involving his wife and felt like guess what just happened. It's like real housewives when they involve like someone involves a husband. It's like they didn't want to hear any of this. They didn't wanna see you. Throw in a salad at denzel ellen. So i keep it was involving paulette in the drama and then also weirdly just like Describing the story as if it was like a funny anecdote yet it is here in the way. She told that like. she's not hearing that. This is coming off as like a dubious interaction. Yeah and then. I say network of white women's thing about denzel stories because katie couric was just on danny pellegrino's podcasts. Whom we talked about how she weird interaction with denzel washington. She said that she would. She was interviewing the cast of the manchurian candidate. A movie that does exist. Wow okay i like that film original. Jonathan demme did what needed to be done. Don't angela lansbury is still alive. Apparently she was asking a question about politics. And hollywood and you know whether or not like after should be involved in politics and she asked him you know. What do you think when people say. Hollywood folks shouldn't be and he interrupted heard said What's that. I don't know any hollywood folks. Hollywood is just a street and he said well. You're an actor. And he said. I'm not an actor. Athens what i do. I'm a human being again. You're an actor. Damage is a little bit to a washington but also all of this is why off right. What's happening who's next. Katie jumping on that with the story is a weird move but is this just part of her book to which seems pretty juicy buying that book and i'm reading that book i want every katie couric story. Every you to know that katy is a good time. That i met her at the vanity fair oscar party and she was amazing and awesome and then followed me on instagram. After and i was like yes. I love her and i will buy that. She's with it. she did the same. I did her podcast with g. years ago And she was so delightful. So i love katy katy. I love you i just want. I just want to know what's going on. I just want to know what's going on. You know who who else has denzel story and are you all texting. I wanna see the group thread. That i rarely get star struck and i don't really care about actors at all. He is one of the few people that i would be rendered speechless that i would be very freaked out. I'd be super nervous like i. I really like. I have major feelings about him of like kind of worship. I'll be honest about that. Well the pelican. Brief i mean come on. I'm yours louis. Incredible another nineteen ninety-three film. Wow i'm really stuck there today. What were you eleven. I was seven but okay. Yes you know what i would get caught in a hurricane with denzel washington and green green an loretta. Roman israel exquisite. Let me tell you about denzel washington. That man is on fire on my god. Were just talking about movies last week. Yeah right. I think we were where we were. Talking about. The movie deja vu. Imagine not talking to see the thing. Is we talk about the exact same things on this. Show all the time leslie and we'll probably find out that this is the exact same conversation we had when iran last time is a flat circle. It doesn't matter. Thank you so much for being here. This was a delight. I wanna tell you. Starting my day with youtube kings is the best. So thank you for having me. I love and adore you both so much. And you're just the smartest and the funniest. And i love to hang around you whenever i can my god. What a blessing much for being with us and saying that. I'll take that with me on this. The morphine like high you. just yes. Adele drops that album listening. Can we really us adore. It made you uncomfortable. When i openly weep no sitting in a room and clutch pillows dayton. It's the plan yes Thank you again for being here. Thank you own coming for joining us as well and this was are too harsh with episode and our final. There's no more can you been. We've been canceled. John roseanne's tommy burst into tears and said enough. Know we'll be back. And honestly i will say that. Like two hundred is shocking. Yeah so i. I will not sit here and pretend that i didn't think would like one hundred episodes But i'm like two hundred four years. We're about to start your five in twenty twenty two goods awards Also thanks everybody for listening to us and putting up with us and growing with us through this fucking podcast. We miss you. Aida comeback aida Yeah but otherwise Thanks everybody and you can thank us for what we've done for you for two hundred episodes by liking and subscribing to the show on apple podcasts. So do that and leave a good review. If you leave a bad review oncoming for you.
Keep It!
"two hundred" Discussed on Keep It!
"Without driving down melrose the way people just be hanging in the street having a cup of coffee and instagram fucking road. You've actually tapped into my number one. L. a pet peeve pet peeve in that. It's not horrific that they do this. I'm just shocked that it happens people who don't move it across across as if i'm running right and i have to go over across wa. You understand that if you move faster across. And i'm talking only to like able bodied could move faster. You realize like then the whole city moves faster right exactly like being a part of the efficiency machine that should inspire you you live in. La we like that. you know. Speak of spatial awareness. I you think that people would have more coming out of a pandemic but absolutely not the way that people still will just hover. you completely as if none of this has ever happened. The past two years has not happened. Why are you so close to me. Stand so close to me. I will turn around and say oh no. Got a backup backup. I can hear you breathing. No need no need. That's how you address. Michael myers to your to close to me. I can hear you breathing. Excuse me my lorries over there. All right i haven't babysat in yours. If you're living in that town which just mad at this. I feel like people should be mad at every final girl in a sequel. Yeah people start dying and scream to. I'd be like bitch. Why did you come to my school. Who need to be home schooled. If i find out fucking. Sydney is tat on my campus. I am transferring brian. She's okay yeah. Laurie strode halloween as laurie. Notice like just teaching at your school. Hell they'll bitch co tried to kill you in the seventies absolutely not those are the background checks that i want on people in my life lower. You stalked by a deranged killer. Are they still alive right. And is there costume become iconic and that copycats but then pick it up. Yeah yes always worried about a copycat killer not please and the movie copycat. Where harry connick. Junior was terrified. Sigourney weaver yes. Great movin ninety five. We miss you. Amazing aren't always confuse copycat with splice. Even though they're completely different films but like you would see them. Both on like a saturday night edited down for network television. So i sorta anyway louis. What's your keep. It might keep it brief this week and it's just to all the wrong and rumor filled build up to whatever dallas doing stopping wrong. Everybody i don't wanna hear your theories about what kind of music we're getting. Or what kind of things. She's pulling off or how you know. She threw away some other album and now she's putting out this up. You don't know shit stop. The woman is works in a fortress. She's like the other that goes on over there. You know well she did reveal. That easy on me is come in october. Fifteen okay we can agree on that. That's coming out october fifteenth. All right. i'll listen to that when it comes out. You know who said that adele. Not cop crave dot org slash biz or whatever the fuck Remember she played it several nights at the staples center. This was like four years ago or something. I went.
Keep It!
"two hundred" Discussed on Keep It!
"Something can now get around to every single kid in your great in la in under three minutes so that really got to her and she really understood. That and i was like this. This is not private your phone. There is nothing private about your phone. That's like standing on a street corner. And i do think she gets that. I wanna say that. I have many interactions on instagram. That are lovely. You don't lindy. West lives in washington. And i love seeing. She posted the most beautiful picture so yesterday. And i was like i love. It was gorgeous at a like whatever he pops up at by the widow. So there's people that. I love that i'm so happy to see them and people who are so lovely to me and people that i've met because of instagram that i've admired or you know that stuff can be really great and positive so i don't want to trash the entire thing but i think it needs to be treated like a fucking cobra in a basket like that thing will bite you and hurt you and you need to approach it very purposefully and very carefully and i think you need to teach your child the reality of it and really be involved. Don't let your audience is not like not to be parenting audience like you said whatever. That's i'm one of your audience numbers. I'm a parent and also you said something. About how much consumes your life did. i like. That picture should like that picture. I am now really off of twitter. And now it's off of twitter. That's also an active thing. I'm not aren't twitter anymore. And there's sometimes i wanna write something where i saw something funny and i wanted to say it and then what i think to myself as well how is somewhat this can be manipulated and turned around in a way that i never meant it. And it's not worth it. And all i think now for what gain for what gain my writing something that some asshole can be like really. What does that mean and my dumb dumb. I don't need to explain to you what that means that. You're misinterpreting what i thought and said. Guess what it's not worth it to me anymore. Forget it you guys can go have fun ripping each other apart. I'm not gonna take part of any longer. Sometimes it's also difficult is in criticizing the nature of like the that kind of person either instagram or twitter. Or whatever is that it's light. Criticizing trump in that you feel so fruitless because the shamelessness is apparent. Almost it almost doesn't even warrant comment like it's so obvious but again the shamelessness means it continues. They just keep doing it. Whatever i was thinking. Recently i was at a house full of visiting gay guys and dream dream. Yes what what could be better ripe. And this guy came over to a bunch of us knew from instagram. Not well but he came over. And i like greeted him and as the day went on. He didn't talk to anybody and we sort of wondered what happened. And he ended up taking his like power fees out on the deck away from everybody and just wasn't talking to anybody. It was just getting his content and then he was about to leave and by the way. It's like this may me feel a million years old but it occurred to me like people don't even have a reason in person not to be rude because socialization has become so gamified that it's like pokemon go or something. You're just collecting points on this for this one platform in this one endless stream of content as opposed to i know again i sound a million years old. Interacting with people are giving people anything to work with socially having actual fun. What's hard for me is realizing how much there is. Just not much incentive for certain people to even be cool anymore you know. Just it's all. It's all about just momentary valid or not even validation but like popularity. I don't know it. Just it does suck i i all. I can say it sucks. I haven't solved it. It's an approximation of life. It's not a life young life existence. that's that's curated content like what you just said to that respect. I feel like you know. It was funny when instagram went down. Because even started spending slightly less time on it you know i love scrolling looking at photos of friends and so but i made an active choice to just sort of like post less of what i do audit you know mostly because you know you get to the point where it's like. Listen we have this podcast. You know where we talk weekly about like things we've seen or whatever you know so i'm like but i don't need to document for like people were watching me what i see even though i get. That's why people enjoy following me because they want to know like what culture i'm consuming. It could just as weird pushing. Paul also ira. You're like both of you are really fucking good at it. Like that's the thing is you guys are a joy and a pleasure to follow like you. Don't wanna see what i up to in paris. I wanna see all of louis like when you do your your questions when people ask you questions and you answer. I'm like this is your smartest funniest friend. Who's giving you all this wonderful entertainment. So you guys are doing it right. Do you know what i mean like. This is the best of what that has to offer. The point is that is like half of one percent of what's really out there and the ship that people will come onto my page and right like crazy fucking shit. Do you know what. I mean like steph. I'm like i can't like when i posted a picture. Of course i vaccinated my daughter the minute her age group was eligible. People wrote to me. You are an awful mother. How could you do this. You are part of the. What is that a dente chrome whatever the fuck. That shit is like people wrote to me. And it's like. I can't believe vicky gun vilson wrote those things to you. Kristy swanson knows it is so first of all. I'm like why the fucker you following me like. It's just the craziest thing. But it's real cesspool guys and it makes me feel icky so i have really pulled back and backed off and i have to tell you mark zuckerberg is. She's evil she's evil. But i mean evil in a way that is i think we don't even begin to know what the reality of this the one thing. I will say about instagram though. And and you. And i talked about this on the phone last night. Instagram has become the only good dating app. This is what i'm hearing. It's the only good dating at and it's actually where. I met paul the person i'm currently dating telling you ira that i have friends that have met wonderful people because they have friends in common. This isn't just like a random person this is like. Oh hey you're friends with my friend. Jack and you sort of start talking and i have heard really positive things about people meeting people on instant organic when we were talking i feel it feels like one of the last ways would feels like you're organically meeting someone that you have mutual friends with the way you used to do it. A party molin. And i followed each other earlier this year on instagram at interactive. But then when we happen to be in new york at the same time. That's when we met.
Keep It!
"two hundred" Discussed on Keep It!
"Weeks. This is dramatic intro but the wall street journal has been publishing a series of articles dubbed the facebook files. They reveal what we already do. Facebook and instagram are detrimental to our collective mental health and mark zuckerberg's. Dark army knows that they're responsible for rampant teen depression eating disorders and suicide as revenge on monday. Got sofit to shutdown facebook's campus and site in addition to instagram and whatsapp. So we thought we'd take the time to talk about our relationship with social media. And how did you get through monday. I also i can't even. I don't think accurately journalistically described. Social media has done to me because my brain is so warped and filled with tips created by social media that. I believe you could skateboard on it. I mean i just fucked. I think ultimately but weirdly. My my problem is twitter has always spoken to me. Because you just throw out forward dispatches like to me it's like low lift whereas instagram is so about projecting an image literally. It's so about. And from what. I see an image of happiness or of bliss or of contentment that i find that in itself without the interactions with who whomever is on instagram super exhausting because bliss is not super interesting to me and yet it's what we're ingesting from other people constantly. I have a lot of feelings about this topic. And because i am the elder statesman out of this group. Oh yes because. I have an entirely analog childhood and young adulthood. Okay though when i was dating my twenty s my boyfriend would fax me love notes and then send a code to beaver slow. I there was no social work. Your agent was going to beat me but the thing had social media existed. When i started acting. I don't think i would have stayed on it because in my early twenties i think it would have absolutely destroyed me and i have a child who's going to be fifteen next month and when i say it's devastating and terrifying and i don't think the right choice is to say she can't have social media. There's a really wonderful woman named lisa d'amour wrote a book called on tangled. Where if you have a preteen or teen girl. It's the bible. And she's just brilliant parenting expert and what she says you have to parent for the world that you live in not the world you wish existed and what that means is you gotta teach your kids how to deal with social media. Not pretend it doesn't exist. Because if i denied it and i said you're not allowed to have it first of all that would socially isolate her. That's not fair. That's not the reality of her world. And what will she do lie about it to me and she will figure out a way to get count and keep it from me and i need to help. Teach her how to navigate through it now. I think i've overcorrected in the other way. Where terrified her in a way. That is so extreme. Like i was like when she first got instagram. She got it when she was thirteen. And i was like okay just. Fyi this is a hurt feelings. Machine this is going to hurt your feelings every day because when you were a kid. Remember you'd get to school on a monday. And you'd hear about sleepover that some kids and you'd be like how i wasn't invited. Well now you get to watch in real time. You get to see all their posts and all their stories about all the fun. They're having that you weren't invited to as it's happening while you're sitting home alone in your room and then forget about the horrific aspect of filters and you know it's an eating disorder machine and all of those things I would like to say that. I never ever got a facebook because when facebook i started i was like why would i wanna keep in touch with anyone from high school. Like why would. I want to be open. Someone come at me. So i never ever facebook and i'm happy about that although instagram facebook and it doesn't matter but when i started twitter which i loved when twitter for because i was like oh i can follow merrill marco like that was my dream for writers people. I love so much. And i can see what they're thinking on a daily basis and it really was away like i connected with my favorite writers and people. I thought were so brilliant and to me that is dead and that is over and that space is now a nightmare health. Scape that i don't go near. Except for i am asked to do things for work and i will do that and i am very politically involved so i will. People will ask me. Can you please post this link. Or whatever and i'm happy to do that but particularly with younger kids and i don't care if i sound like fucking old lady everyone can kiss my old fucking fat ass. I don't hear there is generation of children that have grown up entirely online and it is created this misanthropic nightmare humanoid person who doesn't understand how to communicate in person and only understands how to communicate through a screen and what i have seen happened from that is a viciousness a meanness a lack of nuance of critical thinking and particularly being on a genre show that has a really fervent fan base. And i do want to say that ninety nine percent of my interaction is entirely positive and people are quite lovely. I appreciate it. But i was warned before going on the show how intense can be and i do think that there is a subset of people who their entire lives are lived on computer. And it's not normal. It's not healthy. And i think it's a form of social apathy. Oh sure definitely. And i find it terrifying and deeply deeply concerning and when not. Instagram went out yesterday. I found it relieving. I found it relaxing. And i was thrilled about it and frankly i think they should shut that shit down two days a week. How 'bout math. Shut it down as a person who lived the before times and now lives in the after times and sees how stark that difference is and you can talk to this. You guys about how. Facebook knows how awful it has made people and they've done nothing to fix that anyway. That's my rant. Edit me all you want. I could talk about it for forty five more minutes. I feel so strongly about it. I think the thing also is like we interact with social media seemingly some of the time like some of the time we're on our phones but honestly there's something about it that really becomes ninety percent of your life like always thinking about. I mean not on twitter at a bar. Yeah but like the way that you would think of tweet the way that you ask someone like. Oh is this funny and you think about twenty. Get later you'd be like oh this should be. I should write this or like you're thinking about when you're going to post an instagram. You're thinking like have. I posted too much today. You're thinking should i like this person's post etc you're constantly thinking about it and with just as you talking about you know being four times and now this after times it's lewis and i are. I mean i guess the last people of that age who are both. We grew up without social media but we grew up with the invention of it like each year in school. There was a different version of like like one from number munchers to go out to everything. We've been the ace at has seen the creation of all of it. And i feel like that's why we still. There's still a part of us. That's always has that pull to be like. I don't want to be part of social media right like i know what life could be like without using it but then you pull yourself back into it you know and i get a little bit of what you were saying leslie because you know i have a niece fourteen. You know and I had to be the one to tell our family. I was like her. Instagram profile. Should be private should not be public. Well i have to say something that i've done. Discover the life out of her is. This is not just social. Made her phone in. General is i said absolutely nothing with your phone is private and every email every taxed every picture want you act like it's going to be on a billboard on sunset boulevard. That's how comfortable you need to be with. Everyone seeing it. Nothing is ever deleted. Nothing is ever gone and something can now get around to every single kid in your great in la in under three minutes so that really got to her and she really understood. That and i was like this..
Keep It!
"two hundred" Discussed on Keep It!
"The thing author is that it's really about patriarchal structures but also about the music industry. You know. I feel like he's an actor. I feel like it so much easier to imagine a musician. Being taken advantage particularly by their parents I feel like i mean there's been child actors. Who have this happen to them too. But i'm like you know every time you like. Think of like some artists that you love you. Look at like the first few years of their hub career. It's like they were either destroyed by like a parent who was to evolve or like they had to break free beyond say literally ran away from matthew knowles. She had tina she did. She had tina. Unfortunately a lot of people don't have seen in all their the truth. And i think i think it was made clear at least in that first documentary. I didn't see the other netflix. But that her mother was sort of like you know seemed real overwhelmed with the whole thing. And why wouldn't she be. Or what are they from. Kent with louisiana. How would they have known anything about this. I was going to say about child above in particular. There's just a level of. I don't want to say forgiveness but it's interesting. How often i think we forget how many things he's done you know. It's just like that counts is forgiveness that our cultural memory for bad behaviour regarding men is so short and so i think we just expect it to a certain degree and so after a while you stop forgetting to think that's bad and you just start thinking that's the way things are you know you're right. And i would really encourage everybody to read the twigs interview that she did for l. about him and it was one of these single most compelling interviews i've ever read about sexual assault and abuse and i actually think it should be required reading for every eighteen girl to read about what to look for so i would highly recommend people read that. Sorry i didn't need to go to the shiloh. Buff wrote but lewis. I think you're exactly exactly right. No but also. I think it's great that you bring that up because the weird thing about the brittany situation is you seemingly can't compare it to anything else like every obstacle she's been faced with this part of this weird legal loophole thing and so to bring in just the idea of another celebrity. Who actually has behaved terribly. Big ablaze is like no. I think it helps the brain solve. What is in particular crazy about the bernie situation. I mean i mean. I made the joke earlier but i feel like the only other person you could even almost sort of turn compared to is lindsey lowe head but that's also a difference in that. Her parents were much more craven in there. like need for fame themselves. That that jamie spears route never happened to her. When she was partying with britney around here with her and like paris and everything paris comes from the hiltons so you know she was always protected lindsay lohan. Her parents wanted to be famous themselves. Jamie spears the sinister thing was he wanted just her money. He didn't want to be in the public eye. so it never became a situation. Like that with lindsey. Well it's funny because with lindsay. Michael low hand is a true criminal. I mean he's a after on man. Criminal and i think even just recently i read. He got involved in something else like. He's constantly constantly getting into trouble and getting arrested violating his parole. This is just for you leslie. Yeah do you remember the bus icon. thing that Michael o. hans ever been in. Do you remember him. Being involved in that. Fight between ninety and kim As suray on real housewives of have you ever seen this louis No i forgot who was ancillary. To fred's he was friends with having dinner with and menia racy her and like they're getting into an argument and she's like gal. Let's lo his daddy daddy. What did you do it over here. We come back busy low. Heads daddy have lindsey lowe heads daddy as they chase kim out of a restaurant and like her wig itself off the couch. Thank you ira reminded me. Event the thing about jamie that so terrifying is that at least michael. Low hand has always been pretty obvious about who he is and dna as well. But jamie really. I mean to subvert your own child like that to know that you've got a cash cow to know that they need a break and to say absolutely not i. I've gotten a taste of this world. And i'm not giving up this world and to have a child who starts as a as a kid star and to not allow them to have a choice to not do. That is some of the worst abuse. I can imagine doing to a child. It's really awful. And it's almost a form of imprisonment. You know it really. Is i think every single kid who starts 'cause i work with a lot of kid actors and I always get really nervous about it. And i just always say the battles and this is not right and i probably shouldn't but i'm always like go to college. Go to college. Go to college. Go to college. I'm begging you right. Now take that for your break. You'll never ever regret it. Do it like it'll be your career waiting for you. Don't worry and i think when you deny your kid any of that stuff it doesn't end. Well mrs grossman's opus over here. Wow inspire children from grossman. Now that's okay. She's stepping out all right when we return lewis and i aren't going to sit down with alan coming but there's more with us unless grossman coming.
77WABC Radio
"two hundred" Discussed on 77WABC Radio
"Hundred eight for eight W. ABC twenty two hundred eight for 89222. If you like to give us a call. Do so now. Let's go to Bob in the Bronx. Hi, Bob. How are you? Yes, sir. I'm good. How are you doing, Chris? Great. Great question. Uh, when I was at the office, you told me I could get a protein drink. And I noticed all these on the diabetic and I noticed all these approaches. How much of the police to moment? Most of the good shakes have a grammar to have carbon them. Like Atkins. Pure protein muscle milk has one with no carb one or two g. Um It was a clear one that I used to use. Uh, while I was working out that had zero carbs, But had you know 30 or 40 G. Of protein is a pure, so there are a lot of shakes out there because every company that makes shakes realized, including the people that make The Lucerne and the other meds. The other drinks that were used before for, you know, diabetics or for patients that were older. I had too much sugar, but they will make low card tricks. I'm sorry. I brought powder yet part of protein and they mix it up with water or milk in the morning. Okay in a trouble, Megan, there And I just omission has two grand. Some okay with that? Yeah, absolutely. Uh, The second question. I I have the stem cells. I felt like I was born again. Amazing, really wonderful, wonderful. And, uh, love that I have no more pain or nothing and Less about two weeks ago. Woke up one and I felt like I was drunk like I was unstable. I couldn't walk I was holding on to the Through doors. And what did you have to eat or drink before we you know, before you woke up It just just happened. It's been it didn't stop. So I went to the hospital. They took blood tests all that and they said My Platelets play. Let's show you Okay, 76 they should behind 50 would then have something to do with that. That could make you feel lousy because playlets help to clot your blood. But you could have picked up a bug. Your blood sugar could be low. I mean, there are a variety of things that could make you feel that way. Even a virus can do that. So If when did I see you last year? Remember? I'm sorry. When did I see you last? T shirt was Got to be a month to write for. You went on vacation? Yeah,.
No Jumper
"two hundred" Discussed on No Jumper
"There. I didn't i didn't know soon he got out there. So what do you think. Because i saw like daffy one. Yeah but did you see when he he like knocked them out. but he'll say he was highlighted. Nothing from me now looking youtube it was just a bunch of a bunch of niggers light talking talking about it. I'm like i wanna see when. I trick on him videos. Talk about song. Did you see when. Logan just like unloaded his clip on on may weather. Just mayweather just went like this and didn't get hit connecting shit. He gave him and it's crazy because he's like so much fucking bigger than mayweather really mad. Yeah you know what. I'm saying like desecrating take to take on boxing as a career or not even a courageous one fight. Like how much would it take for you to get in a ring with somebody or a professional boxing. A professional any the damn. How fight coming insurance tool. How long repair for a because that depends how stupid on you. What i'm saying. Just how much would you just like you get to prepare however however long it takes whenever you were in slimy like to is medical funded concussions. Logan two hundred fifty case online. I don't know i'm not gonna ask sure had to have me more than two hundred fifty. I don't know about i. My information from fucking means on instagram. So like i say car. Because i was just talking here about like people like media guinea wrong light you was talking about. The blue face is now. Now look at me though. Like who gives us so you know he was coming on. Bush has he's tweets out.
Radio Fajri 99.3FM
"two hundred" Discussed on Radio Fajri 99.3FM
"Feel the law he or barracuda two hundred also the salon wanted only learn mean mohammadi dealers. Saw the lawrenceville mean gotten any and bradtha abbotabad. Yeah and Custodians oregon enables are me and dabs orion orion young and in the morning and as long as liberated dancing longer than that koran so out to our boonsboro thousand brecon could move the hand alums ago. How're ya.
All Things - Unexplained
"two hundred" Discussed on All Things - Unexplained
"She could be somebody like bob dole. You'd never know coming in from of out of left field there smitty. What do you think about daddy. You know what. I'm kind of embarrassed. I can't remember who that is off the top. My head right now. Well she had been around a whole lot lately so dadi. It's okay if you remember was blonde lady. We never saw her husband. If she has been in agnes says at the time that you know dodd he kinda ruins everything around here. She took wanda to daddy's house party. Get it yeah Awkward encounter with wanda where she broke glass in her hand. Yeah i remember that. I think she does have some kind of control over over that area and possibly she is my aunt things moment. So let's that's pretty astute observation there. I hate to give you a compliment. But the appreciate that. We have a lot of listeners. That will remain anonymous. Give me compliments right now. Since i will win the tiebreaker on that one if there yeah i appreciate it. Tc so moving on. I think we're back to. Tc's pick here lee. My screen is still on the board where you wanna go with. Tc let's go up to date for two hundred eight column two hundred. I like it. Is this new white vision. I call him gills vision. Good bad or neither. I think it's one.