Shownotes Transcript
07th Oct Bitcoin has gone mainstream! George Soros’ family office has invested in cryptocurrencies, saying that the asset class has officially gone “mainstream.” fund’s CEO and CIO Dawn Fitzpatrick revealed this in an interview with Bloomberg LP. via YouTube https://bit.ly/3oFJEjc Listen at 03:57 Long-term thinking 😎 as Bitcoin crosses the 1Trillion market cap again! All news about Bitcoin this week, the new narrative slowly building momentum is Lightening Network, Not Blockchain Long term bitcoin holders Accumulated 2.35 million BTC in the Last 7 Months while only 180,000 Bitcoins were mined. Glassnode CEO Yann Allemann mentioned via Twitter https://bit.ly/3lh8SlA. Also, a great article published by Stelios Rammos via Medium is definitely worth a read & some contrasting & interesting points https://bit.ly/3AoBXAc. In similar news, James Butterfill of CoinShares posted on Medium which states Bitcoin saw inflows of US$69m last week. Good stuff https://bit.ly/3aeVWXg He also recently posted via LinkedIn Bitcoin has been the best performer for 7 of the previous 9 years. We mentioned yesterday Bitcoin has performed better than Gold since the last decade NEWSBTC article states https://bit.ly/3iAzufW “Bitcoin Inflows Shows Institutional Investors Are Back On The Bull Train” Shocktober seems to be a good month for #Bitcoin & #cryptocurrency. The Fear & Greed index is also now at 68 ie”GREED” https://bit.ly/3oIBdU7 . Katie Stockton, CMT of Fairlead Strategies says Momentum is on Bitcoin’s side with short-, intermediate-, and long-term momentum indicators all in positive territory as of Tuesday. Detailed info via Business Insider https://bit.ly/3myuRUA Greg Foss has written an article on BitcoinMagazine “The Intrinsic Value Of Bitcoin, Calculated Using Sovereign Credit Default Swaps” u can read here https://bit.ly/3msE1SM. He has referenced the US Debt clock & notes total funded plus unfunded liabilities of the U.S. equal $29 trillion-plus $158 trillion & some useful websites https://bitbo.io/ The future would look something like this Bitcoin as store of value Ethereum as a store of value Stable coins — USDT, USDC, CBDC, Facebook DIEM as a medium of exchange Gustavo Petro, A Colombian senator said that “virtual currency is pure information and therefore energy.” https://bit.ly/3mpJKbQ. He also mentioned that South American countries could use renewable energy to mine Bitcoin instead of making cocaine. Full info via Decrypt https://bit.ly/3oER4mA AMC Theatres “ DogeCoin to the 🚀 moon” as they now accept crypto payments. CEO Adam Aron just tweeted “now you can buy AMCTheatres digital gift cards (up to $200 per day) with Dogecoin and other cryptocurrency using a BitPay wallet. https://bit.ly/3lheD2P UAE news:
- UAE crypto exchange BitOasis raises $30M to expand in MENA (Check slides)
- Gulf Blockchain Week Week, on October 8–15, 2021 (Check slides) For slides click here https://www.linkedin.com/posts/r-a-george-19b102104_bitcoin-cryptocurrency-blockchain-activity-6851672351680073728-vinw
#blockchain #blockchaindxb #bitcoin #cryptonews #cryptocurrency #btc #newsupdates #tbt