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877: BREAKING: HONDURAN PRESIDENT XIOMARA CASTRO TO ANNOUNCE BITCOIN AS LEGAL TENDER! CRYPTO SAFE HAVEN!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 19 March 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

Bitcoin to be announced as official legal tender in Honduras, one year after El Salvador adopted the king crypto, sources say. While the move would mark the second sovereign state to adopt BTC, Honduran President Xiomara Castro is said to have commented, “we are still early.” “We must not allow El Salvador to be the only country escaping dollar hegemony,” Castro is said to have said. “Honduras has the right to move toward the First World.” Castro will make an announcement on Monday morning by “putting on the lasers,” one source said. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

There are days when you're hungry for McDonald's.

0:04.0

Then there are days when you're Big Arch hungry for McDonald's.

0:08.1

You'll get to know the difference.

0:09.9

New Big Arch for Big McDonald's hunger.

0:15.4

Until 9th of September from 11 a.m.,

0:17.8

participating restaurants only subject to availability.

0:20.1

In today's show, Bitcoin spikes to 42,300 high, as Ethereum nearly reclaims $3,000.

0:26.5

In today's show, I'll be breaking down the latest technical analysis.

0:29.3

And as shared here by Matthew Highland, looks like Bitcoin has been using previous resistance

0:33.0

at 40,300.

0:34.7

As new support, the past few days, let's see if it continues to rally. And as Cryptoed

0:39.2

shares here, patience is a virtue, but finally breaking out of that bull flag. And regarding

0:43.9

Ethereum, he says the Eath is stronger than BTC, and already at the resistance, he pointed out,

0:48.5

break it and $3,200 is on the table. And as Pintoshi shares here, Bitcoin macro headwinds are still

0:54.0

too strong. But midterm,

0:55.6

I think we rally because seller exhaustion before any shot at new lows or previous lows,

1:00.6

so lean towards up, then down, in my opinion, late. Quarter two. And quoting Dennis Porter,

1:05.5

the USA will adopt Bitcoin. The momentum is too strong. The incentive, too great. The historical moment, too profound. The timing. Too perfect. Also in today's show, Bitcoin beats owning coin stock by 20% since the Coinbase IPO. That's right. And as DaVinci shares here, with 7.5% inflation and real inflation numbers at 19.5%. The Fed is doing a great job, just 100x more,

1:29.4

and they'll be at Paul Volker's level of 30% interest rates. Got Bitcoin? Also in today's show,

1:34.8

Rich Dad, Poor Dad, author Robert Kiyosaki, says Russia-Ukraine war is making crypto a better safe haven

1:39.9

than fiat currencies, quoting him here, Bitcoin and war. Investors Business Daily reports many Russians

1:45.9

using Bitcoin as lifeline after the ruble collapse. 13% of Ukrainians, 12% of Russians, and 8% of

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