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Bitcoin News Alerts | Daily BTC News

812: KEY METRIC SHOWS BITCOIN MINERS IN ‘MASSIVE’ BTC ACCUMULATION MODE!! STRIKE LAUNCHES IN ARGENTINA!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 12 January 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

New data shows that Bitcoin miners are hoarding more coins than at any time in the past five months, which could be a fresh signal that the current prices are not for selling. "Miners are accumulating BTC at the fastest rate since May 2021!" 💥🚀 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

When it comes to investing, we tell ourselves all kinds of stories.

0:03.5

One is that you have to dive in head first.

0:06.0

But when you invest with HSBC UK, you'll find a ready-made portfolio to match level of risk you're comfortable with.

0:12.5

So instead of taking the plunge, you can test the water.

0:15.8

Hmm.

0:17.0

Search HSBC Invest to dip your toe in today.

0:20.0

HSBC UK, opening up a world of opportunity.

0:23.1

Capital at risk, an HSBC UK current account is needed to invest with HSBC.

0:27.1

Minimum investment required.

0:28.4

Eligibility criteria and fees apply.

0:30.1

In today's show, Bitcoin funding rates stay negative as the Bitcoin price spikes to $43,500.

0:36.0

That's right.

0:36.6

Bitcoin surged almost $1,000 in minutes this morning during January 12th,

0:40.6

as encouraging signs emerge from the exchanges. I'll be breaking down the latest technical analysis.

0:45.6

And as the wolf of all streets, Scott Melker points out here, targets for my leverage long from

0:49.4

$39,800, $42,000 check. Next is $45,500, followed by $46,600. I will be 75% out by then, leave the rest to see if we can hit $52,000 and then reassess targets for my spot buys.

1:05.2

And quoting the legendary strike CEO, Jack Mullers, no one should be looking at Bitcoin to perform for a better day tomorrow or for a better day next week.

1:13.0

It is a savings vehicle as an asset class. It is the place that you can preserve and store wealth across generations and across time and across space, period.

1:22.2

And speaking of Jack Mahlers and Strike, they just launched Strike in Argentina announcing it here.

1:28.4

Today we launch a superior financial experience to a country that faces hyperinflation, predatory payment networks,

1:34.1

and unusable cross-border transfers. Today, we use the world's open monetary network Bitcoin

1:38.7

to give hope to the people of Argentina. And as Max Kaiser shares here, you don't invest in Bitcoin. You divest out of everything

...

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