14 Oct: Billionaires Backing Bitcoin

14 Oct: Billionaires Backing Bitcoin

"If you don't risk anything, you risk even more." -Erica Jong

Big News Of The Day: Billionaires are backing Bitcoin over gold... but some say Ethereum is even better

Podcast Of The Day: The Pomp Podcast - #688 The Ground Truth About Bitcoin w/ Isaiah Jackson

Video Of The Day: Aimstone: Bitcoin Stock to Flow Model is Valid! | Plan B - BTC is Still likely to Hit $135k by Year Ends!

Blog Of The Day: 5 Months After China Banned Bitcoin Mining, America Leads Network Hash Rate With 42.7%

My Hot Take

Billionaires are backing Bitcoin over gold... but some say Ethereum is even better ...

“The reason I own Bitcoin is because the U.S. government and every government in the western hemisphere is printing money now to the end of time,” said Billionaire Barry Sternlicht.

Hedge fund manager Mark Yusko believes cryptocurrencies will generate “untold wealth” by powering the Internet of Value and ARK's Cathie Wood reiterates her $500,000 Bitcoin price prediction; comparing top Crypto to real estate and emerging markets.

Meanwhile, BTC fear and greed index surges 350% in 3 months, signaling short term correction, but “significant uptick” in Bitcoin spot buying volume suggests sustainable rise.

So, According to Bloomberg Senior ETF analyst Eric Balchunas there are “good signs” that the SEC will approve Bitcoin futures ETF applications from Ark Invest and Valkyrie and Investors can now purchase mutual fund units of Purpose Investment’s Bitcoin And Ether ETFs, bringing Canadians easier crypto exposure.

I highly recommend you all browse An Agenda for the Future of the Internet from a16z.

Ted Cruz Said Bitcoin Will Strengthen Texas’ Electrical Grid and Vladimir Putin Says Crypto Could Possibly Serve Role as Settlement Unit.

The US multinational financial behemoth Visa will double down on its NFT endeavors by partnering with a popular artist to release a new project.

Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0 and Regulating crypto is a complicated issue, said Hong Fang, CEO of OKCoin, and it would be harmful to the industry if Coinbase is the only company with a voice.

Would you believe,Tesla's Bitcoin stash is now worth $1 billion more than when Elon Musk approved the purchase in February? Yup crazy. But with the good comes the bad...China's Zhejiang busts GPU miners earning crypto in government agencies.

Best Performing Top 10 Asset is: DOT - $41.42

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!

Promoted Brand is PEI. Get $20 and automatic cash back on all purchases in Bitcoin! Use Code: 2sdpr8 to get $10

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!

If you find value in this content, please share my website with those you know so they can benefit just as you have. One thing for sure, Bitcoin will without a doubt change the trajectory of your financial future.


How do you rate this article?




I've been aware of Bitcoin since 2011 and have methodically followed it daily. I pull together the most relevant news articles, blog post, videos, podcast, and social media mentions to create "Crypto Watch' a daily brief sent before 9AM EST.

The Crypto Curator
The Crypto Curator

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!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.