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Veteran Trader Shows When Bitcoin Should Hit $35,000 - FiboSwanny Interview
Guess what day it is? Humpday! Folks yesterday the most covered news and the one that completely sucked the air out of the room was SBF getting arrested and now we will listen to hearing after hearing about him and wondering minds want to know if he will survive prison. In addition, the continued FUD (maybe?) around CZ and BINANCE continues to be silenced by CZ but lets see how long this last.
Meanwhile, the CPI numbers gave Bitcoin a bit of a bounce but what will the FOMC meeting announcement do? If they announce another 75 basis points that could rock Bitcoin and the Crypto markets so buckle up, this ride isn't over. The narrative around if $ETH is a commodity or security is like eggs - one day they are good for you, the next they are bad. Which is it CFTC? A Commodity or Security? Oh, it's a Commodity.
Lastly, those who had money in Celsius and Voyager, it appears the court is going to approve the purchase of GK8 from Celsius to Galaxy digital and Celsius is seeing $7.7M from Voyager in their estate sale.
Podcast of the Day: BTC108: Bitcoin Retirement and Inheritance Planning w/ Jeff Vandrew & Phil Geiger (Bitcoin Podcast) | Bitcoin Fundamentals
Other Podcast
- David Rosenberg: A 2023 Recession Is Unavoidable | On The Margin
- 2022's Biggest Crypto Moments | Bankless
- Sam Bankman-Fried Arrested for Wire Fraud and Conspiracy to Defraud the United States | The Breakdown
CRYPTO MARKETS
- Imminent Macro Events Could Rock Bitcoin and Crypto Markets, According to Analytics Firm Santiment (
- Crypto Fear & Greed index hits 30-day high after better-than-expected inflation, CPI data (
- Over 80% of crypto enthusiasts believe 2023 will be bullish (
- Bitcoin outperformed the financial markets in 7 out of last 10 years (
- Bitcoin Exchange EXODUS Continues as Self-Custodied Supply Hits New High (
- Here's What Pushed ETH Back to Highest Level in 5 Weeks: Santiment (
- CFTC declares Ether as a commodity again in court filing (Cointelegraph
- XRP Reclaims 6th Spot in Crypto Market Rankings Amid Fresh Inflows (
- Machine learning algorithm sets Litecoin price for Christmas Day 2022: $78.27 (
LEGAL BATTLES
- Celsius Seeks $7.7M From Voyager's Estate as Bankruptcy Cases Intertwine (
- Judge Approves Sale of Self-Custody Platform to Galaxy Digital in Celsius Bankruptcy (
FTX FIASCO
- FTX CEO Ray Says It’s Impossible To Recoup All Losses, US Clients Fare Better (Bitcoinist
