$BTC has regained some of its recent losses, but there's a fan calling this period a “speculative frenzy.” This is #BitcoinMoves report #29:
- Why Yellen isn't a #BTC fan
- @grayscale sees massive inflows
- #bitcoin sits above key technical support levels
https://t.co/Nr4WmHaumQ
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"The @federalreserve has no authority to regulate #Bitcoin in anyway because there is no central issuer or network operator to regulate" - @USTreasury Secretary nominee Janet Yellen (2014)
"@USTreasury would consider the possibility of taxing unrealized capital gains" (2021)
#Bitcoin faced a strong correction this past week after peaking at $42k. Do you know why? Analysts attribute the drop to certain exchanges crashing, a USD bounce, and over-leveraging on derivatives platforms. $BTC #BTC
Read the latest #BitcoinMoves:
https://t.co/rbSI5Hv7zl
"Each U.S. citizen now has a choice. You can stay on the Fiat Standard, in which some people get to produce unlimited new units of money for free, just not you. Or opt in to the #Bitcoin Standard, in which no one gets to do that, including you." -Ross L. Stevens
“Bitcoin at $10,000 is an industry, bitcoin at $100,000 is a world power, and bitcoin at $1,000,000 is a global government. It’s just not the one anybody expected... bitcoin at $1M is like a pro freedom global government..." - @balajis
Your latest #BitcoinMoves:
- #Bitcoin exploded higher this past week, up to $34,500
- $BTC has been consolidating between $30,000 - $34,000
- Wall St continues to throw support behind #BTC
- Some say volatility & corrections are coming... Are they right?
https://t.co/JTczzLAUvT
#Bitcoin keeps soaring - will $BTC hit $30k before the end of the year? Some say it's due for a correction and @Scaramucci says the price could drop 20-50%. Meanwhile, @blackrock looks for a Blockchain VP.
Here's your last #BitcoinMoves report of 2020:
https://t.co/MlulWJPWkt
What a week it’s been for the #bitcoin market! After falling below $20,000, as we covered in last week’s #BitcoinMoves, $BTC peaked at $24,300 this past weekend - a new ATH!
Even after a correction, #BTC is up approximately 20% since our last report. 🔥
https://t.co/tNRLXGx1bb
Money is flowing out of conventional assets into #Bitcoin due to the escalating risks of global currency devaluation, technology disruption, social dislocation & political uncertainty. This is not a “rally” or “bubble” – it’s a chain reaction spreading like a fire in cyberspace.
@AlikatOfficial Thanks! We also have a weekly newsletter. Don't miss our #BitcoinMoves report and get it straight to you inbox! https://t.co/ubI3wbh84e
After a strong bounce last week, $BTC now trades for $19,459. Insurance companies are buying and a JPMorgan report says more institutional adoption of #bitcoin is likely coming. Read this week's #BitcoinMoves report - everything you need to know about #BTC
https://t.co/Ts72xBSFxJ
Bitcoin might be moving sideways, but the market sentiment seems to be: short term consolidation, long term growth -- bullishness that is supported by Wall Street.
#BitcoinMoves is your weekly look at all things $BTC
https://t.co/QnigvH3cSq #bitcoin#btc
$BTC HIT A NEW ATH. Peak 2020 has a new meaning.
TL;DR top 3 from #BitcoinMoves 22:
- Wall St fund Guggenheim Investments is into bitcoin
- #BTC supporters are pleased Janet Yellen will be Treasury Secretary
- Chinese miners may be prevented from mining
https://t.co/yPEFssXaYa
Weekend read recommendation: catch up on this week's #Bitcoin Moves report. Better yet, add it to your blog post reader feed so you never miss it. #btc@BitcoinMoves https://t.co/9KV9scmHs1