1732: “Sovereign Wealth Funds Will Take Bitcoin to $148,000”

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3.6 • 626 Ratings

🗓️ 16 August 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the latest episode of the podcast “The Bitcoin Layer,” Daniel Batten, a recognized advocate for Bitcoin, discussed the potential impact of sovereign wealth funds (SWFs) on the Bitcoin price, predicting a rise to over $148,000 per BTC should these funds decide to invest even a minimal fraction of their assets. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome CryptoFam to the number one daily Bitcoin pod in today's show. I'll be sharing the latest
0:05.0	Bitcoin technical analysis and quoting Michael Saylor, inflation is a cancer that has killed
0:10.4	civilizations throughout history. Bitcoin is the cure. Preach will also be discussing the world's
0:16.8	third largest public pension fund buys $34 million of micro-strategy shares. That's right. This
0:23.3	is a South Korea public pension fund. I'll be breaking this down for you, as well as institutional
0:28.1	adoption of Bitcoin ETF surges 27%. Thus far, in quarter two, as well as Goldman Sachs discloses 418 million worth the Bitcoin ETF holdings.
0:40.8	We'll also be discussing BitDeer to expand operations with $150 million convertible notes offering,
0:47.4	pulling a sailor put.
0:49.1	We'll also be discussing sovereign wealth funds could take Bitcoin to $180,000, I'm sorry sorry, 148,000 per coin. According to this
0:57.0	researcher, I'll be sharing his insights, will also be taking a look at the overall crypto
1:01.8	market. All this, plus so much more in today's show.
1:13.2	Yo, what's good, Crypto fam?
1:15.6	This is first and foremost a video show.
1:18.3	So if you want the full premium experience with video,
1:21.8	visit my YouTube channel at Cryptonusalerts.net.
1:25.3	Again, that's CryptoNewsalerts.net.
1:28.4	Today is pod episode number 1732.
1:29.9	I'm your host JV.
1:32.3	It's August 16th, 2024.
1:33.9	Happy TGIF.
1:38.1	Let's kick it off with our MarketWatch, as we do each and every day.
1:40.1	You should be able to see on your screen here shortly.
	...

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