January 15, 2022
Legendary Investor Bill Miller's Bitcoin Allocation Advice (12 min.)
Legendary Billionaire investor, Bill Miller explains why he has put 50% of his net worth into Bitcoin. This is a must view video as he teaches people while not giving advice.
Cash App Set To Bring Bitcoin Lightning Network To Its 36 Million Users
The Lightning Network has been integrated into Cash App, a peer-to-peer payment service operated by Block, previously Square Inc.
The feature allows transactions between parties that aren't connected to the blockchain network. It was created to address the scalability issues with the flagship cryptocurrency.
Joe Rogan says he has a lot of hope for cryptocurrencies
In one of the recent episodes of his podcast, The Joe Rogan Experience,Rogan discussed the future of crypto with fellow podcaster Adam Curry. Rogan's podcast has an estimated 11 million listeners per episode, despite Spotify's attempts to censor some of the more offensive episodes. The podcast took the top spot as most popular on Spotify in 2021.
Crypto Billionaire CZ reveals the only way to Fight Increasing Inflation Levels
Crypto billionaire and founder of Binance, Changpeng CZ Zhao, has proposed crypto as a way to fight inflation. Fellow billionaire Michael Saylor chimed in the discourse to point out Bitcoin as the perfect inflation hedge.
Bitcoin Miners Resolve to Heavy Accumulation, Here's Why $40K Is Strong Support for BTC
Showing full confidence in Bitcoin at $40K levels, miners have been making aggressive Bitcoin purchases as per the chart on Glassnode. As per the recent data, miners have been accumulating at the fastest rate since the market correction of May 2021.
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Crypto Strategist Justin Bennett Says Bitcoin (BTC) Bounce Imminent. Here Are His Targets
Now if you look at every single time Bitcoin has done this since early 2021, the average bounce following a liquidation event and then that move below the low, every single time it's done this, the average bounce is around 63%. Now the lowest is 25%. The highest is 100%.
So with the average being 63%, we could very well see Bitcoin move back toward not only $45,000 but up toward $53,000.
Turks Turn To Crypto As Lira Continues Plunging
Amid the current economic situation in the country, and coupled with the fact that Turkey's fiat currency the lira has not stopped depreciating in recent weeks, a vast majority of Turks have now found a safe haven in cryptocurrencies (especially Bitcoin and Tether).
HOW IS BITCOIN ON-CHAIN ACTIVITY REFLECTING THE PRICE?
When it comes to analyzing overall transfer volume of the network denominated in BTC, change-adjusted volume is one that we'll focus on. That's different from both total transfer volume and entity-adjusted volume estimates, which don't account for transaction change and filter out volume sent within the same entity. Currently, the network is settling around 593,000 bitcoin per day.
Bitcoin Will Be 500k By The End Of 2022? (4:51 video)
The analysis is based upon trends of long term buyers accumulating. [Editor's note: We do not believe in predictions and neither should you.]
Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains
Representatives of parties from various corners of the political spectrum in Thailand have shared their disagreements with the government's plan to tax gains from cryptocurrencies. The reactions come after recent reports revealed that the Finance Ministry in Bangkok intends to introduce a 15% levy on profits from crypto investments and trading.