from SGT Report:
The news from the world of Bitcoin and crypto has been absolutely huge over the past two weeks. Even President Donald J. Trump has jumped on the Bitcoin bandwagon as he vows to never allow a central bank digital currency to be issued in the United States. The President of My Digital Money Guy Gotslak is back to discuss the latest.
My Digital Money: The BITCOIN & Crypto IRA Platform For Retirement Investing!
https://www.mydigitalmoney.com/
by Braydon Lindrea, Coin Telegraph:
BlackRock’s income and bond-focused funds have bought shares of the asset manager’s own spot Bitcoin exchange-traded fund (ETF) in the first quarter, regulatory filings show.
BlackRock’s Strategic Income Opportunities Fund (BSIIX) snapped up $3.56 million worth of the iShares Bitcoin Trust (IBIT) while its Strategic Global Bond Fund (MAWIX) made a $485,000 purchase, according to May 28 Securities and Exchange Commission filings.
The IBIT shares are a fraction of BSIIX and MAWIX’s investment portfolios, respectively worth $37.4 billion and 776.4 million.
Congressman Brad Sherman: "The long-term objective of the crypto billionaire bros is to create a new currency and they’ve named it well."
"Cryptocurrency literally means hidden money and if it ever becomes a currency it means we will never be able to enforce our tax laws." pic.twitter.com/xVdX8rrkt4
— Bitcoin News (@BitcoinNewsCom) May 22, 2024
from SGT Report:
Bitcoin may well prove to be the only black hole perfectly suited to mop up the tens of trillions of fiat currency sloshing around the world. And not just fiat Dollars. Yen, Rupees, Lira, Yuan and every other rapidly debasing currency around the world is ready to flee into Bitcoin. Peter Schiff has been wrong about Bitcoin for 14 years, but he continues to be unrelenting in his hatred for the asset. I discuss the supply demand metrics and why I think Schiff will continue to be wrong with the President of My Digital Money Guy Goslak. https://www.mydigitalmoney.com/
My Digital Money: The BITCOIN & Crypto IRA Platform For Retirement Investing!
https://www.mydigitalmoney.com/
——
Protect Your Retirement W/ a Gold and/or Silver IRA:
https://www.sgtreportgold.com/
or CALL( 877) 646-5347 – Noble Gold is Who I Trust
from ZeroHedge:
Crypto exchange BitMEX is currently investigating “unusual activity” involving large sell orders on its BTC-USDT spot market overnight that sparked a flash-crash dragging the price of BTC (in USDT) down below $9,000 (while the price remained above $66,000 on other exchanges)…
Doesn’t seem like a very smart move for the ‘rogue seller’ to dump over 400 BTC at that time of day into an illiquid market – why not wait until the US BTC ETF market is running its magic and sell into that liqudity?
from ZeroHedge:
After kneejerking lower by over $4,000 after yesterday’s hot CPI print, bitcoin has recovered all those losses and then some, to top a fresh record high of $73,600 this morning…
“Bitcoin wiped out overleveraged longs, retested the 2021 cycle high & then bounced back to $72,000,” popular trader Jelle summarized on X, adding that the landscape was now “looking good” for upside continuation.
NOW – Trump on cryptocurrencies: "There has been a lot of use of that and I'm not sure that I would want to take it away at this point." pic.twitter.com/fHkNuV5jF0
— Disclose.tv (@disclosetv) March 11, 2024
from SGT Report:
As the US government prints $1 TRILLION in new debt every 100 days, and fiat currencies around the world begin to hyper-inflate away, Guy Goslak the President of My Digital Money joins me to discuss the Bitcoin phenomenon and the demise of the Dollar’s purchasing power. Do the work to understand the technology and the opportunity. Thanks for tuning in.
My Digital Money: The BITCOIN & Crypto IRA Platform For Retirement Investing!
https://www.mydigitalmoney.com/
by Kerry Lutz, Financial Survival Network:
In this video, Craig Hemke and I delve into the recent unprecedented surge in the prices of gold and Bitcoin, analyzing the factors contributing to their record highs. We explore the economic, geopolitical, and market dynamics driving investors towards these assets as safe havens and speculative investments. Our discussion covers the impact of inflation, interest rate changes, and global uncertainties on the appeal of gold and the digital gold, Bitcoin. Craig provides his insights into the sustainability of these price levels, potential future movements, and strategies for investors navigating this volatile landscape. We also examine the broader implications of these price increases on the economy, traditional investments, and the emerging digital currency market. Whether you’re a seasoned investor or just curious about the recent hype, this video offers valuable perspectives on the shifting tides of global finance.
from RT:
The leading cryptocurrency has reached a two-year high after several consecutive days of gains
The price of Bitcoin, the world’s highest-valued cryptocurrency, surged past the $60,000 mark on Wednesday, according to CoinDesk.
The token rose above $60,600 at 14:55 GMT, its highest level since November 2021, marking a gain of over 6% over the past 24 hours.
