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Big News Of The Day: Bank of America: Bitcoin is Important, The Crypto Industry is Too Large To Ignore
Podcast Of The Day: The Decrypt Daily - Oct 4: 9% APY Too Good to be True?
Video Of The Day: Aimstone: Bitcoin From $0 to the MOON! Crypto Experts Make Their Bitcoin Price Predictions!!!
Blog Of The Day: Every Time You Hesitate To Buy Bitcoin, You Put Your Future at Risk
My Hot Take
BREAKING: Bitcoin reclaims $50,000 for the first time since early September as traders turn greedy. Bitcoin prices have decoupled further from stocks as all major U.S. bourses are correcting heavily. Gold prices could also gain from stock market woes.
Bank of America released a report analyzing the current state and perspectives of the cryptocurrency industry, which is now “too large to ignore.”
Indeed it is because legendary investor Bill Miller says "Bitcoin Is a Ferrari, Gold Is a 'Horse and Buggy.'" He's not alone as Midas Touch Director says he's ‘Pretty Sure’ Bitcoin will trade at $100,000. Closely followed crypto analyst Benjamin Cowen says the idea of Bitcoin collapsing all the way down to $10,000 is a pipe dream for BTC bears.
Meanwhile, JPMorgan CEO Jamie Dimon reiterated past skepticism of Bitcoin in a recent interview with Axios. When asked if Bitcoin was the fool's gold of the future, Dimon responded it has no underlying value. Citadel's CEO says regulatory uncertainty is keeping the firm out of crypto.
With the good comes the bad, Circle has published filings revealing it is cooperating with a subpoena from the SEC that it received in July.
Best Performing Top 10 Asset is: BTC - $50,199.21
Well that's a wrap but, continue to read, watch, and listen to the information I curate on my website. I believe you will be well positioned to benefit from the most transformative technological shift we've seen in our life time. Be STRONG and HODL on!
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