12 Nov: NTFs Are A BFD

Updated: Nov 13, 2021

"The primary cause of unhappiness is never the situation but your thoughts about it. Be aware of the thoughts you are thinking."

-Eckhart Tolle

 

Big News Of The Day: NFTs could be 'as big or bigger' than all crypto on Coinbase, CEO says


Podcast Of The Day: Unconfirmed: Alameda Research's Sam Trabucco: What Solana Does Better Than Ethereum


Video Of The Day: The Best Business Show with Anthony Pompliano - Episode #87


Blog Of The Day: Be Stronger Than FOMO and FUD Feelings in the Bitcoin World — 6 Golden Rules To Apply


My Hot Take

NFTs could be 'as big or bigger' than all crypto on Coinbase, because ten times more people have signed up for Coinbase’s upcoming NFT platform than OpenSea had in total over the past 30 days.


In addition, according to results from a recent global survey, more than half of Gen Z (born between 1997 and 2012) and more than a third of Millennials (born between 1980 and 1996) would welcome being paid in cryptocurrencies.


Is Bitcoin now a must-have asset for public companies? As attention on inflation heightens, public companies look to a solid store of value to protect their profits.


Meanwhile, Kenneth Griffin, billionaire CEO of American hedge fund Citadel, thinks a currency on the Ethereum network will replace Bitcoin (BTC) as crypto’s top dog. Citadel manages over $40 billion of capital — a quarter of the trading volume in the United States stock market.


After yesterday’s enhanced volatility, bitcoin remained calm around $65,000 but has headed south once more and bitcoin hitting $59K would be ‘extremely healthy,’ says trader as BTC price retreats. However, the vast majority of Bitcoin's supply hasn't been touched since August, a sign investors think the price will keep climbing, according to a Glassnode report.


Most altcoins have also bled out, with massive losses coming from Solana, Cardano, Ripple, Polkadot, and more. Of course, SHIB explodes 20% on breakout but bulls meet resistance. $XRP whale moves over $12 Billion worth of Crypto for next to nothing.


Analysts Nunya Bizniz says Bitcoin price dips are transitory, suggesting BTC will soon head to $75K. Justin Bennett



Best Performing Top 10 Asset is: SOL - $239.47


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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Remember: Bitcon 2022 tickets for Apr 06-09 in Miami and Consensus 2022 is Jun 10-12 in Austin, Texas; hope to see you at both!

 

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