14 Dec: Staggering $12T Settled

"You will either step forward into growth, or you will step back into safety."

-Abraham Maslow

 

Big News Of The Day: The Bitcoin Network Has Settled A Staggering $12 Trillion In Transactions This Year


Podcast Of The Day: Miami: The Bitcoin City with Mayor Francis Suarez

Video Of The Day: *THIS* JUST CRASHED ETHEREUM & BITCOIN PRICE! CRYPTO BEAR MARKET in 2022!? | Altcoin Daily


Tweet Of The Day: 90% of Bitcoin Supply Has Been Mined – This Should Make You Question Where You Are With Your Goals


TOP NEWS

The Bitcoin network has been breaking and setting new records in 2021. Year-to-date, the Bitcoin network has settled more than $12 trillion in transactions according to data from Coin Metrics. However, Ryan Payne, who is the founder and president of Payne Capital Management (PCM), says that crypto is “one of the biggest bubbles ever,” and will result in an “ugly” market crash. Umm hmm.


Meanwhile, Bitcoin price dip may end Wednesday as Bitfinex bids hint at Fed ‘buy the news’ plans and a recent Bloomberg Intelligence report says that Bitcoin is in a consolidating bull market and well on its way to $100,000. In addition, according to Willy Woo, despite Bitcoin’s plunge there are no signs of incoming selloff cascade.


In a new interview from Real Vision with journalist Maggie Lake, Pal speculates that the explosive crypto rally he and many investors are expecting hasn’t yet materialized because retail traders simply don’t have enough cash on hand.


As we turn our attention to the Altcoins, Crypto bull Cathie Wood says Ethereum is more undervalued than Bitcoin. An autonomous bot known for outperforming the crypto market using weekly surveys from traders shows a bullish leaning towards Bitcoin, Ethereum, Solana, Polygon (which btw could conservatively grow another 3X in this Cycle, Says Coin Bureau,) and two additional gaming altcoins $MANA and $ENJ. Monster rally in store for top Ethereum competitor $AVAX in 2022, predicts Crypto Analyst Michaël van de Poppe.


In the world of Meme coins or puppy tokens, $DOGE Millionaire buys 500 Million Floki Inu ($FLOKI) tokens expecting ‘Meteoric Rise’ and Shiba Inu ($SHIB) reportedly gaining in popularity in Turkey as inflation rages; which is now world’s 4th largest cryptocurrency by Twitter followers, BNB ranks 1st. Also, SHIB Whale that already holds $1.2 Billion worth of tokens buys even more and 2 Billion SHIB to be burned - 7 Million SHIB burned already in December.


Best Performing Top 10 Asset is: BTC - $47,255.01


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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