Monday, June 24, 2024

Max Keiser Expects Qatar to Buy $500 Billion Worth of Bitcoins

by Nicolas T., Coin Tribune:

The inimitable Max Keiser has reignited the rumor. Qatar is reportedly about to invest 500 billion in bitcoin. Just that…

This is not the first time rumors have swirled about Qatar. They date back to 2021 when the CEO of the Qatari sovereign wealth fund stated that bitcoin needed “to be a little more mature” before his fund could consider investing in it.

IT’S TIME TO TALK ABOUT BITCOIN — GUY GOTSLAK

from SGT Report:

Guy Gotslak the CEO of My Digital Money joins me to talk about inflation, the death of the middle class and Bitcoin which for the past decade-plus has been the number one performing assets in the world. Thanks for tuning in friends.

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RELATED mention:
https://www.youtube.com/@InvestAnswers

EP. 3377A – BITCOIN MINING MIGHT BE LAST DEFENSE AGAINST A CBDC, RATE CUT COMING

from X22report:

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

Democrats Are Angry Donald Trump Now Embraces Bitcoin

by M Dowling, Independent Sentinel:

Initially, Donald Trump was highly suspicious of cryptocurrencies, going back a few years, but he has since changed his mind. He has embraced them, impressing a younger fan base and their deep-pocketed investors.

Hours after meeting with bitcoin miners at his Mar-a-Lago estate in Florida on Wednesday, the former president said on his Truth Social media platform that cryptocurrency users should “vote for Trump!” because he will stand up to “Biden’s hatred of Bitcoin.”

What Edward Snowden just said about Bitcoin is SHOCKING, pay attention! | Redacted News

from Redacted News:

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

Record Highs: Unprecedented Surge in Gold and Bitcoin Prices with Craig Hemke

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.

Gold-backed cryptos: The Next Level Of Protection From Capital Controls

from Dollar Collapse:

One of the things I frequently point at in the incessantly tiresome debate between the precious metals and cryptocurrency communities is that while each asset offers its own advantages, cryptos afford a level of optionality for capital mobility that simply doesn’t exist for precious metals.

At least until fairly recently.

Shocker: World’s biggest bank CEO hates crypto

by Simon Black, Sovereign Man:

Yesterday Senator Elizabeth Warren used a Wall Street oversight hearing to whine about cryptocurrency.

At one point, almost as if a well-choreographed football play, she passed the ball to Jamie Dimon — CEO of JP Morgan Chase, the biggest bank in the world — to “explain why crypto is such an attractive financial tool for terrorists, drug traffickers, and rogue nations?”

It’s hard to imagine a more loaded question.

Mr. Dimon gleefully caught the pass and said:

BlackRock adds own Bitcoin ETF to income and bond funds

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.

World’s Largest Pension Fund To Diversify Into Bitcoin As BitMEX Sees Price Flash-Crash Below $9,000 Overnight

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?

TJ Roberts Plans to Make Kentucky “the Crypto Capital of the World”

by Jose Nino, Big League Politics:

On February 6, 2024, TJ Roberts, a candidate running for Kentucky House of Representatives District 66, published a press release unveiling his plan to turn Kentucky into a hub for economic freedom.

He specifically cited the United States’ growing inflation as the main catalyst for his plan to make Kentucky “the Crypto Capital of the World.” He stated the following:

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.”

WHAT’S GOING ON WITH BTC? LETS TALK ABOUT BITCOIN LIVE WITH PRESS FOR TRUTH!!!

from Press For Truth:

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

Bitcoin Tops $73,000 After Record-Breaking Billion-Dollar ETF Inflow

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.