08 Oct: Tether Trouble Time?

08 Oct: Tether Trouble Time?

By theinspired | Inspiration | 8 Oct 2021


"I was smart enough to go through any door that opened." -Joan Rivers

Big News Of The Day: Tether’s Elusive CEO Has Vanished from Twitter

Podcast Of The Day: The Breakdown - Something Big Is Brewing With Bitcoin

Video Of The Day: Aimstone: Raoul Pal: MASSIVE BITCOIN PRICE PREDICTION North of $200,000!! Market Will Get Parabolic (2021)

Blog Of The Day: No Plan To Ban Bitcoin — America Must Go Further in Embracing the Bitcoin Revolution Right Now

My Hot Take

Jan Ludovicus van der Velde's (Tether CEO) Twitter account has been deleted. Some believe it's because Bloomberg has continued its campaign to discredit Tether with another article questioning the backing and reserves of the world’s most popular stablecoin. Tether's response? “A one-act play the industry has seen many times before, taking snippets of old news from various places and dubious sources, and making it fit a pre-packaged and pre-determined narrative.” With that said, Tether's assets include $1 billion with crypto lending platform Celsius.

Bitcoin is on the move and maybe that is because the SEC has approved the indirect Volt Bitcoin investment ETF. The Volt ETF provides exposure to companies engaged in bitcoin-related activities. This is a major step forward for the market, as the SEC has been hesitant about approving ETFs.

The top executive of Valkyrie Investments says that Bitcoin (BTC) could see a massive price surge for the rest of 2021 if it can maintain a support level above $50,000. Meanwhile, in line with continued sentiment, Bitcoin ‘Heavy Breakout’ fractal suggests BTC price can hit $98,000 in 2021.

Bears are in deep trouble as ETH bulls are likely to pocket $115 million from Friday's options expiry; All $250M in bearish bets for Friday are underwater.

Notorious art forger Wolfgang Beltracchi enters the NFT world. Binance establishes a presence in tax-friendly Ireland and Miners transfer a never-before-seen amount of Bitcoin to exchanges.

US Senate Candidate from Arizona Is Bitcoin Millionaire and Luxembourg is unsure how to best manage seized Crypto.

Best Performing Top 10 Asset is: SOL - $165.28

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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theinspired
theinspired

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


Inspiration
Inspiration

I've been exposed to the world of crypto since 2011. Now I use my knowledge to curate the most relevant news articles, podcast, videos, blogs and social media information to help you be in the know in Crypto!

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