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Bitcoin News Alerts | Daily BTC News

1281: GLASSNODE: Confident of Explosive Bitcoin Pump, Predicts Fed Rate Hike Pause!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 14 May 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

The creators of one of the top on-chain analytics firms in the crypto space believe that Bitcoin is gearing up for an explosive move to the upside. According to the Glassnode co-founders, the macro backdrop is starting to look favorable for BTC by market cap. “$25,800 still remains a possibility, as indicated by the options market. Confident in our mid-term outlook of $35,000 as external pressures subside. Market pricing Fed pause in June, no rate cut – optimal for the run to $35,000 for summer." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

In today's show, I'm going to be sharing four alarming charts for the Bitcoin Bulls as 27,000 becomes a formidable hurdle.

0:06.9

And check this out, breaking news just in, Marathon Digital to build the very first large-scale emergent Bitcoin mining farm in Abu Dhabi.

0:14.7

Let's rick and go.

0:15.8

Now check it, Luna is crashing to zero exactly one year ago today.

0:19.7

A $40 billion reminder, the Bitcoin is not

0:22.8

crypto. Also in today's show, Tether generated a whopping $1.5 billion in profit in the first

0:28.3

quarter of this year and currently holds 2% Bitcoin in total reserves, including Max Kaiser.

0:34.5

Tether will soon eclipse micro strategy with Bitcoin on their balance sheet.

0:38.1

As banks and the U.S. dollar collapse, rates go higher, and the flight to the safety of Tether

0:42.4

accelerates, it's conceivable they can amass 500,000 Bitcoin before the next having, like,

0:48.4

whoa. Also in today's show, significant risks of the U.S. Treasury running out of funds soon,

0:53.3

according to this latest report.

0:54.9

Also, we'll be discussing people can now buy and sell real estate using cryptocurrency on what's being billed as the first U.S. Bitcoin property marketplace.

1:03.7

Also in today's show, Ordinoles and BRC 20 tokens will disappear in a matter of months, says Jan 3 CEO, Samson Mao.

1:11.4

Also in today's show, GlassNode co-founders say they are confident of an explosive Bitcoin

1:16.7

move to the upside and predicts that the Fed rate hike pause in a month from now.

1:21.0

We'll also be taken a look at the overall crypto market, all this, plus so much more in today's show.

1:34.2

Hey, what's good, Crypto fam?

1:36.5

This is first and foremost, a video show.

1:42.8

So if you want the full premium experience, visit our YouTube channel at CryptoNewsalerts.net.

1:48.0

Again, that's CryptoNewsalerts.com. And welcome to everyone just tuning in. This is Pod episode number 1281, special Mother's Day episode. Today is May 14th,

1:54.4

2023. And there's lots to cover. The market is pumping. So let's start here with the market

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