"The greatest use of a life is to spend it on something that will outlast it." -William James
Big News Of The Day: Bitcoin And Ethereum Are Braced For A Massive October Bombshell After The Crypto Market Price Suddenly Surged
Podcast Of The Day: The Delphi Podcast - Jeremy Allaire: Leading Multiple IPOs, The Circle Turnaround Story, Growing USDC to $31B and Crypto Regulations
Video Of The Day: Altcoin Daily: Ethereum Historic Pump INCOMING! (Best Month for Cryptocurrency Ever?)
Blog Of The Day: Short-Term Mindset — People Are Not Interested in Buying Bitcoin at $41K, but Rush To Buy at $47K
My Hot Take
The bitcoin price is now nudging $50,000 per bitcoin for the first time since early September while the Ethereum price is approaching $3,500 per ether after falling as low as $2,600 last month. CoinShares’ chief strategy officer Meltem Demirors thinks that Bitcoin is ready to rise over the next few months as sidelined investor capital gets pushed into the crypto asset.
Texas has seen the upside of China’s decision to cancel bitcoin mining, in what set off the ‘Great Mining Migration’ to Austin, Texas and the upcoming Texas Blockchain Summit will be EPIC.Meanwhile, rumor is starting to raise its head that Brazil is introducing a bill that will make Bitcoin legal tender.
However, Anthony Pompliano thinks Bitcoin is capped: “Unlike what the Bitcoin proponents believe, Bitcoin won’t cross over into becoming a currency and therefore, that will drastically hamper the kind of addressable market."
Turning to NFTs: Solana Monkey #1355 of #5000 sold recently for a record-breaking $2 million in recent trade. This is far higher than the average daily sale price for NFTs in the Solana Monkey Business collection, which is equivalent to $74,272.These monkeys are by far the most valuable collection of NFTs to be auctioned on Solanalysis right now.
Best Performing Top 10 Asset is: BTC - $47,593.21
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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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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