Thursday, November 21, 2024

Bitcoin Explodes Higher On “Heavily Institutional” Buying

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from ZeroHedge:

Bitcoin prices have exploded higher overnight, nearing $38,000, with the renewed bullish tone attributed to a combination of factors, including resurgent institutional interest, growing adoption, and a favorable macroeconomic climate.

Bitcoin prices have exploded higher overnight, nearing $38,000, with the renewed bullish tone attributed to a combination of factors, including resurgent institutional interest, growing adoption, and a favorable macroeconomic climate.

Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on

by Brayden Lindrea, Coin Telegraph:

“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi wrote in an Oct. 31 email in 2008.

Today marks 15 years since the pseudonymous creator of Bitcoin, Satoshi Nakamoto, shared the Bitcoin white paper to a mailing list of cryptographers on Oct. 31, 2008 — a date also annually celebrated as Halloween.

Gary Gensler’s Bitcoin ETF position is ‘inconsistent’… says Gary Gensler

by Jesse Coghlan, Coin Telegraph:

During a panel at the 2019 MIT Bitcoin Expo, Gensler called out the securities regulator for its “inconsistent” approach to spot Bitcoin ETF approvals.

Gary Gensler once criticized the United States securities regulator for its “inconsistent” approach to spot Bitcoin

The video clip, which has recently made the rounds again on social media, shows the pre-SEC Gensler discussing blockchain regulation at the 2019 MIT Bitcoin Expo in a fireside chat with United States Securities and Exchange Commission Commissioner Hester Peirce.

Cantillon Overdrive…and the Bitcoin Breakout

by Mark E. Jeftovic, Bombthrower:

What we now call “The Cantillon Effect” was known far back as circa-1730, by at least one economist.  It hasn’t been taken very seriously in modern times, especially here in the fiat age.

Named after its author, Richard Cantillon, in his “Essay on Economic Theory” (“Essai sur la Nature du Commerce en Général”) — it is his only surviving work and was published posthumously in 1755, more than 20 years after he was murdered by a former cook whom he had dismissed from his household. The disgruntled ex-employee, returned by night, robbed his home, then set it ablaze, with Cantillon — and the rest of his manuscripts, within.

Establishment Now Using ‘Hamas’ as Excuse to Demonize, Target Bitcoin

from 21st Century Wire:

Every time a geopolitical flashpoint emerges, or some emotive ‘terrorism’ event plays out, the western Establishment will not let such a crisis go to waste. Specifically, they will use any opportunity or incident to blame Bitcoin, claiming that the cryptocurrency is somehow responsible for financing acts of terrorism.

That said, due to Bitcoin’s decentralized nature, as well as the relative anonymity built into cryptocurrencies, such transactions cannot really be regulated. In reality, if Bitcoin wasn’t used, some other method or foreign currency would be employed to procure what Washington deems to be  ‘illicit’ goods and services.

‘Digital Dollar Dilemma’: House Republicans, Experts Warn of CBDC Threat to Core Freedoms

by Andrew Moran, Discern Report:

An anti-central bank digital currency (CBDC) sentiment filled the halls of Congress this week as House Republican lawmakers filed new legislation and held a hearing grappling with the issue of digitizing the U.S. dollar.

House Majority Whip Tom Emmer (R-Minn.) reintroduced the Central Bank Digital Currency Anti-Surveillance State Act on Sept. 12, a bill that restricts the Federal Reserve (Fed) and member banks from issuing a digital dollar and using it to construct monetary policy.

Hoot of the Day: Argentina, a BRICS+ Nation, May Adopt the Dollar

by Mish Shedlock, Mish Talk:

The leading candidate in the Argentina presidential election promises dollarization.

Libertarian Javier Milei  Leads Polls After Primary Shock

Reuters reports Milei Leads Polls in Argentina Election After Primary Shock

Argentina’s pollsters, caught out by the surprise win of radical libertarian Javier Milei in August’s presidential primary, now show him easing to first place in an Oct. 22 general election, likely ahead of ruling party economy chief Sergio Massa.

Getting Jacked and Connected To Survive and Prosper During The Apocalypse

from DollarVigilante:

TRUTH LIVES on at https://sgtreport.tv/

And Just Like That, The Brazilian Central Bank Goes LIVE with a CBDC

by Daisy Luther, The Organic Prepper:

It’s official: the Brazilian Central Bank has announced the introduction of its CBDC (Central Bank Digital Currency). It’s called DREX, the acronym for Digital Real Electronic X (real is Brazil’s currency), and the finished logo reveals the project is, in fact, quite advanced. Here’s the meat of the Central Bank’s press release:

First EU spot Bitcoin ETF hits Euronext Amsterdam exchange

by Gareth Jenkinson, Coin Telegraph:

The Jacobi Bitcoin ETF is finally going live on the Euronext Amsterdam stock exchange, more than a year after its planned launch.

Europe will welcome a first-ever spot Bitcoin ETF after the long-awaited launch of Jacobi Asset Management’s Jacobi FT Wilshire Bitcoin ETF.

The London-based digital asset management firm announced that its new investment product was going live on the Euronext Amsterdam stock exchange on Aug. 15, more than a year later than its planned launch in 2022.

BANANA JOE’S USA FRUIT CO. & MORE

from SGT Report:

BANANA JOE is a hopelessly corrupt career criminal masquerading as a politician. And everyone in the country who can think hates his guts. Crypto Blood joins me to discuss our banana republic & much more. Thanks for tuning in.

Protect Your Retirement W/ A Gold. IRA
https://www.sgtreportgold.com/
or call 877-646-5347
Noble Gold is Who I Trust ^^^

My guest’s YT channel:
I Hate Crypto [Crypto Blood]: https://www.youtube.com/@CryptoBlood

Decentralize.TV – Episode 9 – Aug 8, 2023 – FIRO innovator Reuben Yap on PRIVATE digital money

from Health Ranger Report:

TRUTH LIVES on at https://sgtreport.tv/

JUST IN – Kenya suspends “eyeball scan” crypto project Worldcoin over safety concerns in the East African country.

Pilot CBDC Shows Central Bank Has Total Control

by Rhoda Wilson, Expose News:

“Conspiracy Theorists” Were Right Again!

The pilot project of Brazil’s Central Bank Digital Currency the Real Digital allows the freezing of user wallets and reducing balances, as was always highly suspected by “conspiracy theorists!”

The Real Digital

The president of the Central Bank, Roberto Campos Neto, presented Brazil’s digital agenda back in November 2022 where a preview of the Real Digital app was presented. According to Campos “The Real Digital, the central bank digital currency (CBDC) in Brazil, appears to tokenize the banking system” he explained that the “CBDC is nothing more than a token issued by the bank upon deposit” (source).