"The journey of a thousand miles begins with one step." -Lao Tzu
Big News Of The Day: FDIC CHAIRMAN: US REGULATORS EXPLORING HOW BANKS COULD HOLD BITCOIN
Podcast Of The Day: Bitcoin Fundamentals - BTC049: Willy Woo & Bitcoin On-Chain Data Analysis (Bitcoin Podcast)
Video Of The Day: Altcoin Daily: ETHEREUM is READY TO RIP!!! 15 Altcoins SET TO EXPLODE in NOVEMBER [BEST CRYPTO INVESTMENTS?]
Blog Of The Day: Bitcoin Market Is Like Squid Game’s “Red Light, Green Light” — If You Panic, You Are Done
My Hot Take
U.S. regulators are exploring ways for traditional banks to hold Bitcoin. Banks' BTC holdings could be used for client trading, as collateral for loans, or held as assets in their balance sheets.
"I think that we need to allow banks in this space," the FDIC chairman said.
In addition, Venture capital giant Sequoia Capital has announced that it intends to register as an investment advisor with the U.S. Securities and Exchange Commission (SEC) in order to invest more in alternative assets of the likes of cryptocurrencies.
Despite Bitcoin’s breakout to new all-time highs, a closely followed crypto trader thinks that Bitcoin (BTC) could still dip below $55,000 before moving higher. The pseudonymous analyst known as Cantering Clark tells his 79,000 Twitter followers that the price areas around $55,000 and $65,000 could be key entry levels for Bitcoin investors looking for a breakout run.
Meanwhile, Shiba Inu shatters new highs, on path to ousting DOGE — but can it reach $0.001?
Best Performing Top 10 Asset is: ETH - $4001.12
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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