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.
Actually, this looks like exactly what would happen before a Continuity Of Government (COG) operation kicks in, following some apocalyptic engineered collapse of infrastructure. Why did Cheatle mention COG in today's testimony, BTW? Why is it on her mind at all? Are they planning… https://t.co/OytF7xZ8C7
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
Bitwise CIO Matt Hougan predicts a treasury revolution, forecasting hundreds of companies to buy Bitcoin as a reserve asset within 18 months, shaping a transformative ‘overlooked megatrend’.
Matt Hougan, Chief Investment Officer (CIO) at Bitwise, has issued a bold prediction: hundreds of companies will buy Bitcoin as a treasury asset over the next 12 to 18 months. The shift, which Hougan describes as an “overlooked megatrend,” has the potential to significantly influence Bitcoin’s market trajectory.
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.”
We’re starting off this week’s blogs of high octane speculation with what I think is a whopper doozie, and I have one of my typical “Wile E. Coyote” nosedives off of the end of a very slender twig on the speculation tree into the canyon below. For those of you new here, the speculation tree usually is trying to support a weight of speculation far beyond any evidence (if any at all), and hence the nosedive into the canyon below. However, like Wile E. Coyote, I remain undeterred, because someone has to speculate about this story. The story over at The Gateway Pundit was authored by Jim Hoft, and was shared with us by V.T., one of our article spotters and sharers, with our gratitude, and, as I said, it’s a whopper doozie:
As October kicks off, investors in precious metals, stocks, and even cryptocurrencies are navigating an environment of significant market momentum, with many sectors experiencing strong uptrends. Craig Hemke of Sprott Money hosted Chris Vermeulen to break down the current state of markets, beginning with U.S. equities, moving through Bitcoin, uranium, and finishing with a detailed look at gold and silver. Watch Now!
COMMENT: Mr. Armstrong, I am a newcomer. I watched your WEC virtually. It was very eye-opening. I also want to thank you for Socrates and for covering Bitcoin. Your service is the only thing out there that isn’t biased, and you are not trying to sell me some crypto. Also, thank you for explaining that nothing can be fixed and that the sales pitch behind Bitcoin was just false. You have explained it is an asset class and approach it like anything else. It’s just a trade. I look at it in different currencies, as you said. It has opened my mind to a dynamic world, as you put it at the WEC.
Kerry Lutz and Craig Hemke discussed the recent movements in the metals market and the upward trend of Bitcoin. They expressed optimism about the potential for a strong seasonal period for gold and silver in August, citing historical trends. However, they also discussed the challenges of projecting future price movements in the gold market due to its unprecedented territory. Craig provided a comprehensive analysis of the silver market, illustrating its unique position as both an industrial and monetary metal, influenced by the movements of gold and copper. The conversation also touched upon the actions of market regulators and their impact on price movements, highlighting the complexities of the precious metals market. The discussion also focused on the seasonality of the market, highlighting the strength of late July through August and the first half of September.
Craig provided insights into the economic fundamental picture, discussing the anticipation of rate cuts, the upcoming FOMC meeting, and the potential impact of the next jobs report. He also provided a detailed analysis of the Commitment of Traders report, highlighting the historical trends and their impact on gold and silver prices. Kerry acknowledged the significance of seasonality in market trends and discussed the potential impact of the upcoming jobs report on trading decisions. Overall, the conversation stressed the importance of physical metals as a long-term insurance policy against economic uncertainties, particularly in the face of escalating national debt and potential market volatility.
The number of individuals with $1M+ in crypto wealth has jumped to 241,700 over a year, a new report shows.
What to know:
Bitcoin millionaires surged 70% in a year, now totaling 145,100 holders
36 crypto billionaires and 450 centi-millionaires highlight rising concentration at the top
Singapore, Hong Kong, and the U.S. rank among the most crypto-friendly jurisdictions
The global population of crypto millionaires has reached 241,700, up 40% in the past year, according to the Crypto Wealth Report 2025by Henley & Partners.
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?”
The President of My Digital Money Guy Gotslak is back just in time to discuss Monday’s tech wreck, SAB 121 and Bitcoin as a global strategic reserve asset led by the United States and President Donald J. Trump. Thanks for tuning in.