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SEC Fired a Bazooka at Crypto, Why Bitcoin Will Respond With $80,000 Price

SEC Fired a Bazooka at Crypto, Why Bitcoin Will Respond With $80,000 Price

FromThe Daniela Cambone Show


SEC Fired a Bazooka at Crypto, Why Bitcoin Will Respond With $80,000 Price

FromThe Daniela Cambone Show

ratings:
Length:
27 minutes
Released:
Jun 26, 2023
Format:
Podcast episode

Description

“And now we have a cascade of other participants that are saying, ‘the SEC didn’t nuke crypto. They shot the nuke and crypto went into its bunker and then came back out for afternoon tea,” says Eric Wade, editor of Crypto Capital and Crypto CashFlow. He predicts bitcoin will reach $80,000 in a year and then go higher than that, citing the approvals of the ETFs and the scarcity of bitcoin. “44% of bitcoin has not moved in two years...44% of the supply of bitcoin being locked in... it’s going to take more than that [$67,000] to free up some of the bitcoin that refused to move,” he explains. While commenting on BlackRock’s spot-bitcoin ETF filing, Eric says the timing of the application is “interesting” because BlackRock didn’t want to be “left out,” claiming that the government can’t say no to BlackRock because the firm has 10 trillion dollars under management and “a lot of influence.” He concludes that the SEC’s Operation Choke Point 2.0 will not strangle the crypto industry. Along with the launch of FedNow, there will be an acceleration of technology to move money faster, as well as opportunities. To learn more about how you can take this opportunity to increase your wealth, visit https://www.MessageFromEric.com. ➡️ Watch Here
Released:
Jun 26, 2023
Format:
Podcast episode

Titles in the series (100)

There's a thirst for economic and investment know-how. It's not taught in the classrooms or discussed via mainstream media. The Daniela Cambone Show is proud to bring you the exclusive news, interviews, and insight you can't get anywhere else. Host Daniela Cambone sets out to interview the top minds in finance to help explain new investments, opportunities, and industries that otherwise might be a mystery. From cryptocurrency, gold, silver, interest rates, and central banks, to the inner workings of the global economy, Daniela's goal is to get you to a comfortable level of financial understanding to achieve freedom.