Bitcoin may hit $20,000 by December 31st, 2020 but another chart model from ecoinometrics $41,000 by year end, $100,000 in April 2021, and $387,000 by the beginning of May 2021. Ethereum and XRP are also primed for a major price increase as they move with BTC. The Grayscale Investments team raked in over $115 million in Bitcoin in one day.

Galaxy Digital has doubled down on efforts to bridge the worlds of institutional finance and crypto by acquiring two specialized cryptocurrency trading firms: DrawBridge Lending and Blue Fire Capital.

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Must Watch Videos!
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#Bitcoin #Ethereum #XRP #Crypto #Cryptocurrency #Grayscale
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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.

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China gives away $1.5 million of their CBDC!
———————–

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These are my opinions, they are not financial advice of any sort

Dapper Labs is continuing to expand partnerships with third-parties for its Flow blockchain, with Animoca Labs set to launch two crypto-powered games on Flow. On September 22, blockchain gaming firm Animoca Brands announced that its MotoGP and Star Girl games will launch on the Flow blockchain early next year. Animoca is an investor in Dapper Labs. The Star Girl series consists of multiple free-to-play mobile games owned by Animoca and claims a monthly user base of one million players. Dapper Labs’ chief business officer, Mik Naayem, welcomed Animoca’s titles onto Flow, stating:The Flow blockchain is a dark-horse in the race for blockchain scaling solutions to secure market share before the completion of Ethereum’s ( ETH ) long-awaited ETH 2.0 revamp. Dapper decided it would pursue the development of a scalable blockchain three years ago after the popularity of its pioneering non-fungible token (NFT) game CryptoKitties crippled the Ethereum network. Until recently, Flow has exclusively supported Dapper Labs projects, such as its NBA Top Shot game, along with branded crypto collectibles in partnership with major entertainment brands including Warner Music and Ubisoft. But in the past week or so Dapper inked deals with Circle and Binance to bring the USDC and BUSD stablecoins to Flow blockchain, suggesting that Dapper is readying to expand the ecosystem. Dapper Labs has launched two token sales for FLOW . Residents outside of the United States and Canada will be able to participate in two offerings via the CoinList platform. Dapper Labs will reserve an allocation of $1,000 worth of FLOW tokens at 10 cents each to all participants eligible for its ‘Community Sale’, which is open until October 10. Investors hoping to purchase more than $1,000 worth of FLOW must participate in a Dutch auction — where bids are accepted in order of price from highest to lowest. Bids for the FLOW auction can be placed from September 23 onwards, with the sale set to take place on October 6. Dapper set the initial bidding price at $1 and the reserve price at $0.1. Participants in the community sale will receive 50% of their tokens after one year, with the remaining coins to be distributed over the following 12 months. Tokens purchased via the Dutch auction will be fully unlocked after a 12-month lock-up.

All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/star-girl-s-one-million-active-users-go-with-the-flow-blockchain

#flow #cryptocharts #cryptogrampuzzles #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

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In this video I tell you my TOP Altcoins / Cryptocurrencies (4 coins to 40 million) poised to give HUGE returns.

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE K CRYPTO AS A STARTING OFF POINT!

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

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Im Digitalen Salon Million Bitcon Baby diskutierten wir am 29. März die Zukunft der digitalen Währung Bitcon. HIIG-Doktorand Julian Hölzel blickte zurück auf die Anfänge von Bitcoin und erklärte unter anderem, warum sie plutokratische Tendenzen mit sich bringt.

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Welcome to the first episode of the Crypto Valley Visionaries podcast.

Today we get to sit down with Niklas Nikolajsen, the founder and chairman of the board of Bitcoin Suisse.

https://www.linkedin.com/in/niklasnikolajsen/
https://www.bitcoinsuisse.com/

After he discovered Bitcoin, Niklas moved from Denmark to Switzerland with an idea to start a company that will work with Bitcoin.

After his arrival to Switzerland, Niklas worked as a consultant in one of the Swiss big banks. He managed to convince some of the people around him to invest in Bitcoin.

Those people later became his partners and together they founded Bitcoin Suisse in 2013.

Today, it is said that Niklas is a Bitcoin multimillionaire. He owns a castle on the lake and is one of the most well-known figures in the Swiss blockchain scene.

In this episode, we talk with Niklas about the importance of following your dreams, being persistent, and not giving up…even when you face disbelief by people around you.

We also talk about how it is it to grow a company from a small startup to a company valuated at almost 303 million CHF.

Sit back, relax, and enjoy this episode!

Follow us on LinkeIn to see what’s going on in Crypto Valley: https://www.linkedin.com/company/cv-labs/

Visit our website to find out who we are: https://cvlabs.com/

Social Media:
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#bitcoin #crypto #cryptocurrencies

What are the best cryptocurrency investments in 2020? What are the best DeFi projects to invest in? For more cryptocurrency news online, be sure to hit like, share and subscribe!
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Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. We don’t promote any exchanges or any crypto events.

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———————–

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►BITCOIN NEWS TODAY 2020 gives is a look into the EXPEDIA and BOOKING.COM Partnership to bring BITCOIN and CRYPTOCURRENCIES into the forefront of the travel industry. Thanks to travala.com things are going to OPEN UP for MASS ADOPTION for the MASSIVE amounts of travelers. Also, in CRYPTOCURRENCY NEWS, JOE ROGAN CHAMATH PALIHAPITIYA and JEFF BEZOS are being used to SCAM PEOPLE OUT OF a COLOSSAL AMOUNT OF THEIR HARD EARNED MONEY. Thankfully, whale alert and D.A.N. viewers are on it!

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HIGHLIGHT on ANY website – https://getliner.com/
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●▬▬▬▬▬▬▬▬▬▬▬▬DAILY STORY LINKS▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●

Story #1 LINK – https://www.financemagnates.com/cryptocurrency/news/expedia-taps-travala-com-to-accept-crypto-payments/

Story #2 LINK – https://www.travala.com/

Story #3 LINK – https://u.today/bitcoin-giveaway-scammers-impersonating-us-comedian-joe-rogan-just-grabbed-btc-from-victims-whale#close-cookies

Story #4 LINK – https://twitter.com/whale_alert/status/1273992475435302912

STORY #5 LINK – https://fortune.com/2020/04/21/ripple-sues-youtube-scam-videos-crypto-garlinghouse/

●▬▬▬▬▬▬▬▬▬▬▬▬RECOMMENDATIONS▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●

► YouTube Channels I recommend:

✅Crazy 4 Cryptos (He’s been in the game for YEARS with a laid back approach)
https://www.youtube.com/channel/UCNHXoNsyoBGVOS0EJarawvw

✅Jungle Inc. – I tip my hat to jungle for always believing. XRP HEAVY channel –
https://www.youtube.com/channel/UC9t0DRLy5_dQEpb8nPKAiQA

✅Coin Bureau – Guy has a great way of giving reviews and sharing fantastic tips –
https://www.youtube.com/channel/UCqK_GSMbpiV8spgD3ZGloSw

✅Crypto Nobes – A very calm approach to Crypto News UK style – https://www.youtube.com/channel/UCktPSMbJci9uuZME7SJ4rDg

► There’s a LOT of info out there and I can’t bring it ALL to you so check out these others to get different content and perspective.

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.

Binance moves 300 million Ether from TRON to Ethereum, is it trouble for TRON?
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In today’s Bitcoin update, we talk about how Bitcoin is most likely headed lower. We talk about the news and other things going on in the crypto space that help us to predict where Bitcoin is headed.

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I am not a financial adviser, this is not financial advice. I strongly encourage all to do their own research before doing anything with their money. All investments/trades/buys/sells etc. should be made at your own risk with your own capital.

Song: “Real Good Feeling”
Artist: Oh The Larceny
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Listen on YouTube:
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To Stream/Buy (Spotify/Apple/Amazon):
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Spare Change?

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ETH
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LTC
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Please do not feel obligated to donate, though donations are appreciated!

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**DISCLAIMER**- I am not a financial adviser nor am I giving financial advice. I am sharing my opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.

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A user of the Ethereum blockchain just paid $2.6 million in transaction fees to send $130 of ETH. That’s a fee of two million percent. This is the most anyone has ever paid to transfer an amount of Ethereum. The Voice social network has been live in the U.S. and operating as a limited beta app since Feb 14, 2020. Next month, people will finally get the chance to test out the platform themselves and make their voices heard in a way that’s never been possible before Voice. Voice is expected to be in beta for a year, with the full version of the app to be officially launched in Q1 2021.

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Analyse personnelle pour la suite du crash du bitcoin en français.
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Mes conseils et mes analyses sont seulement mon point de vue du marché. Il sont en aucun cas des conseils en investissement. Je ne serai en aucun cas responsable de vos prises de décisions en fonction de mes vidéos. Vous interprétez mes analyses comme indicateur technique en plus de la vôtre et pour votre apprentissage.

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XRP is a bridge between traditional financial institutions and the new world of fintech.
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Must Watch Videos!
– Interview with CZ Binance CEO – https://youtu.be/mF-iCOlnL_8
– Interview with Rain Crypto Exchange Co-founder – Rain is the first regulated Crypto Exchange in the Middle East – https://youtu.be/Bdz0YTTipJE
– $100 Million Bitcoin Mining IPO on NYSE or Nasdaq – https://youtu.be/5TStZ_LnKDk
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– BTC Markets Drives Sustainable Growth of Its Exchange with XRP
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will integrate its trading services with Signature Bank’s Commercial Digital Payments Platform
– Bitcoin miners made $412.5 million in revenue during April, new data indicates
– Swiss crypto broker Bitcoin Suisse is raising Series A at over $280 million pre-money valuation
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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.

ethereum just surpassed the 10 million blocks milestone which is just amazing. I also talk about benjamin cohens on-chain analysis where foresees a strong probability that eth reaches a 10k usd price level in the next 3 to 4 years. So if you are interested in knowing if eth will be 10000 or 1000 dollars then keep on watching this video. All the links can be found at the bottom of this descrption. The amount of transactions happening is just incredible.

SUBSCRIBE for DeFi & Crypto videos: https://bit.ly/get-ready-next-bullrun and hit the 🔔 icon!
——–📖 About Kierin Mulholland DeFi & Crypto Videos———

Kierin Mulholland creates weekly tutorials, how-to guides and informative videos about what is happening in the decentralized finance and crypto space. He tries to provide value to new-comers to the space by sharing his honest opinion and staying away from hype and FUD. This content will hopefully help new people to the space become more familiar with these new projects and investment tools in order to be ready for the next bull run. So, make sure you hit that subscribe button and join me on the journey.

Support my Channel on Patreon❤: http://bit.ly/support-my-youtube-channel

🔥🚀WATCH NEXT (Most watched videos)🔥🚀
▶Kraken exchange tutorial: https://www.youtube.com/watch?v=BgpvBifKkgM
▶ETH 2.0 Testnet launchparty: https://www.youtube.com/watch?v=bVcrbzUcx6M
▶Should I buy Ethereum? https://www.youtube.com/watch?v=70_FcJJDJps
▶ETH 2.0 Words you need to know: https://www.youtube.com/watch?v=tNtzYplH5IY
▶ETH 2.0 staking pool with Rocket pool: https://www.youtube.com/watch?v=yTfpvcU9Vos

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▶ Best Charts on Tradingview : http://bit.ly/31FLule
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——–❤️ Let’s Connect On Social Media———-
💹Cryptobulls: https://cryptobulls.info/
🐦 Twitter: https://twitter.com/cryptobullsinfo
👩‍🚀 discord: https://discord.gg/QzCYjfy
🎧Check out my City Sounds ASMR Channel: https://www.youtube.com/channel/UCzrtg62SIuS9esUMhDoHnfQ/

The content of this video is not financial advice. You should not make any investments based on this video. I am not liable for any losses you may incur when trading crypto, always do your own research.

DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links and then buy something, I may receive a commission. As an Amazon Associate I earn from qualifying purchases.

📰Sources :
https://zycrypto.com/the-10-millionth-ethereum-block-mined-as-launch-of-eth-2-0-looms/
https://medium.com/mycrypto/the-history-of-ethereum-hard-forks-6a6dae76d56f
https://decrypt.co/27556/ethereum-dex-trading-volumes-are-rising-rapidly-in-2020?utm_source=reddit&utm_medium=social&utm_campaign=sm
Ethereum path to 10k(Benjamin Cowen) https://youtu.be/nbtGZL2C134
https://decrypt.co/27607/bitcoin-used-generate-dai-defi-protocol-maker
https://www.etherealsummit.com/

— hashtags —

#Bitcoin #ethereum20 #ethereumnews #defi

CEO Eckelberry announces a new multi-year contract in Spain for cleaning swine manure effluent. The contract is expected to return half a million dollars to OriginClear in the first year alone.

►BREAKING: Trezor wallet has been hacked by Kraken Security Labs and why it’s NOT a big deal. 6 millioin Bitcoin BTC / Gold Ponzi scheme uncovered and stopped by international organizations. YouTube SCAMMERS have STOLEN over $300,000 in only 6 DAYS and why I’m happy about it. PLUS a quick look @Chainlink as to why it’s up 50% and why I believe it will be one of THE BIGGEST PERFORMING digital assets in 2020! All that plus the Scam Of The Day where we go over one of the MOST DANGEROUS scam I have seen to date!!!

►SCAM OF THE DAY! (Let’s police our community!) – http://bit.ly/scamoftheday

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👇BUY CRYPTOCURRENCY & DIGITAL ASSETS SAFELY on U.S. Exchange👇
►COINBASE Exchange SIGN UP – https://www.coinbase.com/join/wolff_0

*Using the link above to sign up for CoinBase helps to support the channel!

► XRP EXIT STRATEGY LINK – http://bit.ly/2F6Yves ✅
► BTC EXIT STRATEGY LINK – http://bit.ly/37dUSzo ✅
► ETH EXIT STRATEGY LINK – http://bit.ly/2F3Qx5L ✅

📈📉TA Weathermen – There are 2 professions in this world where you can be consistently wrong and still keep your job: Weatherman and (TA) Technical Analyst. On this Google Spreadsheet we keep ’em honest with a list of their predictions to see if they’ll actually come true OR be proven wrong…
►https://docs.google.com/spreadsheets/d/1ssPqUenWDdtw4dceRG2T8JcADIgeqgovbbyroK08X3M/edit

Story #1 LINK – https://cointelegraph.com/news/trezor-wallets-can-be-hacked-kraken-reveals

Story #2 LINK – https://cointelegraph.com/news/investigators-bust-6-million-bitcoin-and-gold-fraud-scheme

Story #3 LINK – https://eng.ambcrypto.com/bitcoin-litecoin-ethereum-yt-scammers-walkaway-with-over-300k-in-6-days/

Story #4 LINK – https://finance.yahoo.com/news/connecting-smart-contracts-real-world-172220129.html

Like the video? Subscribe and ring the bell and I’ll notify you when the next vid is ready.

Channels I recommend:

Digital Asset Investor (when I need POSITIVE news) – https://www.youtube.com/channel/UCtQycmSrKdJ0zE0bWumO4vA

The Modern Investor (When I want IN-DEPTH info) – https://www.youtube.com/channel/UC-5HLi3buMzdxjdTdic3Aig

Altcoin Daily (Best Thumbnails in the biz! Always gets me to click)
https://www.youtube.com/channel/UCbLhGKVY-bJPcawebgtNfbw

BlockChain Backer (a TA guy with news who makes sense) – https://www.youtube.com/channel/UCia6oYbLKo8fLOguATpACmA/videos

Thinking Crypto (To round it all out for the day)
https://www.youtube.com/channel/UCjpkwsuHgYx9fBE0ojsJ_-w

Crypto Lark (always has a different view on things)
https://www.youtube.com/user/larksongbird01

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#chainlink #kraken #trezor #xrp #bradgarlinghouse #Bitcoin #Crypto #Invest #TheFed #News #Litecoin #Cardano #Ethereum #Litecoin #Invest #Binance #Ripple #XRP #StellarLumens #Google #Bakkt #cryptocurrency #news #btc #eth #litecoin #altcoin #altcoins #best #bitcoinmining #cryptocurrencies #top #marketanalysis #entrepreneur #business #success #investment #finance #bitcoins #motivation #coinbase #stocks #bakkt #starbucks

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

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Help support the channel! Donations :
BTC – 3GPcKwB3UGML4UiYqZM6BYx7Nu5Dj7GKDD
ETH – 0x7929e49cabe8d95d31392eaf974f378b508da2f4
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#Bitcoin #Crypto #Cryptocurrency
Huobi Japan expected to raise another $4.6M next month
Paraguay audits crypto to develop regulation to comply with FATF
Swiss president: The current form of Facebook’s Libra has ‘failed’
=================================================
Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.

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In today’s clip we comment on the recent Ethereum funds hacked from the exchange Upbit moving across the blockchain, the hackers blatant message to would-be followers, and our tin-foil hat theory that hacking group Anonymous might be behind all the exchange hacks we’ve seen this year. Another clip you don’t want to miss!

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The leading US-based crypto exchange Coinbase says the number of Bitcoin users has now hit 27 million in the US, representing about 9% of all Americans. In a new report marking the 11th anniversary of the Bitcoin whitepaper, Coinbase analyzes the global adoption and use of BTC since its inception, comparing the leading cryptocurrency to the advent of the internet.“Few transformative technologies have captured the public’s interest — and imagination — as quickly as Bitcoin has in just 11 years. Email was invented in 1972 but it took until 1997 for adoption to surpass 10 million people. The television set was invented in 1927 but by the end of the 1940s only 2% of American families owned one. Bitcoin, on the other hand, went from an idea in 2008, and a first transaction in 2009, to an estimated over 27 million users in the US alone in 2019, or 9% of Americans”The report also highlights the number of unique BTC addresses on the network, which is now over 820,000, as well as the number of computers that now power the network. The report also looks toward Bitcoin’s future, citing the growth of the Lightning Network (LN), which is a second-layer solution designed to boost the speed of Bitcoin transactions.“Bitcoin is the world’s first global currency that harnesses the power of computers — and humankind’s innate need to innovate — to enable worldwide economic freedom. We’re looking forward to what 2020 brings in Bitcoin adoption, innovation, and interest.”You can check out the full report here.

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Trade Crypto: http://successempires.com Crypto Investment Kit: https://regalwallet.com/a/7787 After the so-called Crypto Winter of 2018, we saw bitcoin drop over 80%. However, in April, I noticed huge buying coming into the market. I pounded the table, saying bitcoin was getting ready to run. Since then, we’ve seen bitcoin break out of its downtrend and rise as much as 353%. What’s behind this turnaround? Well, it all has to do with large investors getting into this space. One of them is the most prestigious tech venture capital firm in the world: Andreessen Horowitz. With $2.7 billion in assets under management, it’s a serious outfit. (In fact, it was an early investor in Twitter, Facebook, Groupon, Airbnb, and more.) Last year, the firm raised $300 million for a crypto hedge fund. And before creating the fund, it’d already been investing in crypto assets for five years. According to published reports, it hasn’t sold a single investment. It invests with a 10-year time horizon. So this is some of the smartest money on the planet making big bets that crypto is here to stay.

And it’s not the only “smart-money” firm getting into the space. I’ve been saying for years that we’d see every major institution add bitcoin and crypto assets to its portfolio to smooth out volatility and increase risk-adjusted performance. And this narrative is emerging. Last month, Bakkt received regulatory approval to begin trading physically settled bitcoin futures. Bakkt is a subsidiary of the same company that owns the New York Stock Exchange. Its platform is set to go live this coming Monday. It’ll buy bitcoins on the open market and store them on behalf of customers. That’s never happened before.

Also, the CEO of crypto exchange Coinbase, Brian Armstrong, said institutional customers are now depositing between $200 million and $400 million in crypto per week to its new Coinbase Custody product. Since July 2018, Coinbase Custody has amassed more than $1 billion in controlled assets. And earlier this month, VanEck Securities and SolidX Management announced their plan to launch a bitcoin fund for institutional buyers – such as banks and pension funds. Since this fund will target only accredited investors, it faces fewer regulatory hurdles.

Think about it. For the first time ever, institutions will have a trusted compliant platform they can use to buy crypto assets. Compare that to where we were back in 2016. People were sending me hate mail for recommending bitcoin. They said, “Why are you talking about this magic internet money that’s only used by pornographers, money launderers, and gunrunners?” We’ve come a long way since then. And bitcoin’s price will soar to over $20,000 as these players come into the space.

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Full credits for this video to BitcoinNews.com who listed the info in this video on an article on their website:
https://bitcoinnews.com/?s=.comOverstock%20Founder%20Dumps%20%2490%20Million%20Of%20Shares%20For%20Cryptocurrency%20And%20Gold

——–

Crypto tags:

#CryptoNews

——–

Transcript:

0:00:00 Overstock Founder Dumps $90 Million Of Shares For Cryptocurrency And Gold

0:00:05 This update is brought to you by “CoinCheckup News Updates” and was originally published on “BitcoinNews.com”.

0:00:12 The Founder of Overstock, Patrick Byrne, resigned as CEO last month after a scandal involving a romantic relationship with a Russian spy.

0:00:20 The details of that situation are confusing, but ultimately Byrne decided to sell all of his shares in Overstock, which amounted to roughly USD 90 million.

0:00:29 This caused the price of Overstock shares to crash by more than 40% in a week.

0:00:35 Byrne then quickly invested this money into cryptocurrency, silver, and gold.

0:00:40 Apparently the silver and gold is in Switzerland, and will be distributed across the world to keep it out of the hands of the ‘deep state’.

0:00:47 The cryptocurrency private keys are supposedly stored with a priest that ‘never sets foot in the west’.

0:00:52 Apparently Byrne met this priest 35 years ago.

0:00:56 Essentially, the point is Byrne seems to be in hot water with the United States government, and has now cashed out all of his equity in Overstock and scattered that money across the world so that the United States cannot touch it.

0:01:08 It is unclear however as to why Byrne would announce all of these details to the public, if the point of putting the money in precious metals and crypto was to hide it.

0:01:16 BitcoinNews.com is committed to unbiased news and upholding journalistic codes of ethics.

0:01:22 For more information please read our Editorial Policy here.

0:01:26 Thanks for checking this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “BitcoinNews.com”, who originally published this news update on their website.

——–

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For the most complete data on all crypto currencies check: https://coincheckup.com | The crypto research platform.

Full credits for this video to NewsBTC who listed the info in this video on an article on their website:
https://www.newsbtc.com/?s=Cryptocurrency%20Entrepreneur%20Charged%20with%20%248.75%20Million%20Extortion

——–

Crypto tags:

#CryptoNews

——–

Transcript:

0:00:00 Cryptocurrency Entrepreneur Charged with $8.75 Million Extortion

0:00:05 This update is brought to you by “CoinCheckup News Updates” and was originally published on “NewsBTC”.

0:00:12 A cryptocurrency entrepreneur has been charged with extorting an unnamed, Seattle-based digital asset startup.

0:00:18 Steven Nerayoff stands accused of threatening to “wreck the company” should the firm not meet his demands of more than $8 million.

0:00:25 Nerayoff was reportedly brought on by the company as an advisor to help form partnerships and attract investors.

0:00:32 He was due to be rewarded handsomely for his work, but reportedly ended up demanding a far larger payment accompanied by threats.

0:00:39 According to a report in the Seattle Times, early cryptocurrency entrepreneur and advocate Steven Nerayoff agreed to help the Seattle-based startup, referred to in the federal charges as “Company 1”, in 2017. Nerayoff was tasked with writing the firm’s whitepaper and helping to craft its public image.

0:00:56 He was due to receive a massive 22.5 percent of both the total number of tokens issued by the company and the same percentage of any funding raised.

0:01:05 Given that the firm received $16 million from seed funding, Nerayoff should have been paid $3.7 million for his work.

0:01:13 However, he reportedly demanded almost half of all the seed money – $8.75 million under the threat that he would “sabotage the crowdsale, generate negative press … and use his contacts with influential people to ‘destroy’” the company.

0:01:26 The startup reportedly paid up an extra $3.78 million in Ether tokens to Nerayoff at this time.

0:01:34 Later, the complaint states that Nerayoff upped his demands.

0:01:37 During the cryptocurrency market crash of 2018, he demanded the firm pay him another 350 million tokens in its own cryptocurrency.

0:01:46 He then asked for a loan of $4.45 million in March 2018, which was eventually paid.

0:01:52 Nerayoff reportedly failed to return any of the borrowed funds.

0:01:57 Thanks for watching this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “NewsBTC”, who originally published this news update on their website.

——–

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