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Bitcoin News Alerts | Daily BTC News

1073: ARK INVEST STANDS BY PREDICTION BITCOIN WILL TOP $1 MILLION PER COIN!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 14 October 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

Ark Investment Management analyst Yassine Elmandjra is standing by his firm’s prediction that the Bitcoin price will shoot past the million-dollar mark, despite this year’s massive crypto sell-off in the digital currency. Cathie Wood, the fund manager behind Ark’s flagship innovation-themed ETFs, forecast earlier this year that the world’s largest cryptocurrency (BTC) would top $1 million per coin by 2030. Yet, coin holders and miners have been selling off Bitcoin en masse in 2022 as the Federal Reserve continues to aggressively tighten monetary policy, driving investors away from riskier asset classes, such as crypto. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Oh, that's my prime delivery.

0:01.6

What, already?

0:02.6

Only one thing can match the buzz of Prime's fast delivery.

0:06.2

And that's the buzz of Prime's entertainment.

0:09.0

What are we watching?

0:09.7

Heads of state, that new action comedy with Idris Elbert as the Prime Minister,

0:13.3

John Cena as the president, and Prianka Chopra Jonas,

0:15.9

as their only hope.

0:17.0

It looks like a blast.

0:18.3

From fast delivery to explosive entertainment, it's on Prime.

0:22.5

For only 899 a month, join now. Content includes limited ads, subscription or to our news.

0:27.4

For more information, go to Amazon.com.uk. U.K.S. Prime. I had the absolute pleasure of speaking to Pamela Anderson.

0:34.3

All thanks to the Dove Self-Esteen project. We speak about the impact Y2K has had on women's body confidence and how Pamela has regained control. The Dove Self-Esteen project is an amazing initiative supported by science-backed methodology to help us improve our relationship with our bodies. To find more body confidence building exercises, go to dove.com forward

0:54.9

slash Y2K. That's Y2K spelt WHY2K. And in today's show, we're going to be discussing massive

1:02.9

Bitcoin volatility as U.S. inflation clocks in at 8.2%. That's right. Massive volatility right

1:10.2

now with Bitcoin price trading at 18,500

1:12.8

u.s. core cpi inflation minus food and energy just hit a new 40 year high at 6.6 percent so

1:20.5

u.s. CPI inflation is now 8.2 according to the official records where food at home inflation

1:26.4

is at 13 percent but we all know real inflation

1:29.4

is much higher.

1:30.9

And quoting on-chain analyst Willie Wu, Bitcoin took six months to get 1,000 users, five years

1:35.7

to find 1 million users today, 13.8 years from inception, it has 300 million plus users,

...

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