intocryptonews

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The crypto analyst behind the controversial stock-to-flow (S2F) Bitcoin price analysis model says BTC is following his predictions “like clockwork.” ⠀ Pseudonymous analyst PlanB’s latest version of the S2F, the BTC S2F cross asset (S2FX), enables the valuation of different scarce assets like silver, gold and Bitcoin with a single formula. It predicts Bitcoin will be worth $288,000 by the end of 2024. ⠀ And so far, according to Plan B, it’s on track. ⠀ PlanB’s prediction that BTC could hit $288,000 is his third. The analyst’s original S2F model indicated Bitcoin would trade around $55,000 between 2020 to 2024. The second incarnation of the model showed the dominant cryptocurrency on track to hit $100,000 in the same time frame. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #crypto #bitcoinhashrate #cryptonews #btcprice #bitcoin #btchalving #btc #bitcoininfo #bitcoinmarket #bitcoinfutures #bitcoinprice #cryptolife #bitcoinhashpower #bitcoins #bitcoinmarketcap #timeforplanb #bitcoinhodler #bitcoinusa #cryptocurrencynews #bitcoininvestor #bitcoinholder #bitcoinhash #cryptocurrencies #investinbitcoin #bitcoinnews #bitcoinprediction #cryptocurrency #intocryptonews #cryptotalk247 #bitcoinhalving https://www.instagram.com/p/CEpnya7gZ0j/?igshid=1xr9y2us4iukc

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Raoul Pal thinks Federal Reserve policies could lead Bitcoin to 100x gains. ⠀ Pal, the former head of European hedge fund sales for Goldman Sachs, says that the shift in monetary policy is lending major upside to gold and, to an even greater degree, Bitcoin. ⠀ “Powell has shown that there is ZERO tolerance for deflation so they will do ANYTHING to stop it, and that is good for the two hardest assets – gold and Bitcoin. Powell WANTS inflation. ⠀ I don’t think he gets true demand push inflation, but he will get fiat devaluation, in conjunction with the other central banks all on the same mission. Overall, I think Bitcoin outperforms gold. Gold can go up 2x or 3x or even 5x while Bitcoin can go up 50x or even 100x.” ⠀ The top cryptocurrency is trading at $11,496 at time of writing, according to CoinMarketCap. A 50x gain would mean a value of $574,800, and a 100x gain would be $1,149,600. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinprice #goldearrings #goldinvestment #cryptolife #bitcoininvestor #bitcoinprediction #btc #goldchain #investingold #timeforplanb #bitcoinholder #cryptotalk247 #buygold #intocryptonews #investinbitcoin #bitcoinusa #bitcoininfo #btchalving #gold #bitcoins #crypto #bitcoinnews #bitcoinmarket #bitcoin #bitcoinhodler #btcprice #cryptocurrency #cryptocurrencynews #cryptonews #cryptocurrencies https://www.instagram.com/p/CEfkhyDAmpc/?igshid=2wiglmkle0sh

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The IMF tweeted a video explaining what cryptocurrency is on Sunday that instantly went viral. Referring to cryptocurrency as “a special currency,” the two-minute video attempts to outline its benefits in payments, such as by removing middlemen, lowering costs, and increasing transaction speed. It also warns of what it sees as risks, such as anonymity and volatility. ⠀ The video ends with: ⠀ “If we can counter the risks, then this new technology or some variation of it can completely change the way we sell, buy, save, invest, and pay our bills. And who knows, this could be the next step in the evolution of money. ” ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #cryptocurrency #bitcoinnews #bitcoinmarketcap #bitcoinmarket #bitcoinusa #cryptoadoption #bitcoinfutures #crypto #imf #cryptocurrencynews #bitcoininvestor #timeforplanb #bitcoinprediction #cryptolife #bitcoin #cryptonews #bitcoininfo #adoption #intocryptonews #investinbitcoin #bitcoinhodler #cryptocurrencies #bitcoins #cryptotalk247 #bitcoinholder https://www.instagram.com/p/CESLm7ngNAU/?igshid=n6zlvvccg8np

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Mike Novogratz: BTC Will Be at $20K Again Soon ⠀ Novogratz’s argument that retail players will make such a massive difference is quite intriguing in that many times, analysts are confident the presence of institutional or professional traders will potentially make the biggest difference in how or where bitcoin goes. However, while institutional traders will often purchase more crypto or delve into bitcoin-based options or futures contracts, retail players are more common and will often simply purchase or invest in the currency via exchanges, thereby increasing the overall stamina of the assets they own. ⠀ He further states that he expects to see the bitcoin price at $14,000 within the next three months. This would place bitcoin at that price by the time October rang in. Furthermore, it would mean that only two months would remain for bitcoin to reach its all-time high again before the year was out. Still, he’s confident that bitcoin has the strength to reach this rung on the financial ladder. ⠀ A Little Support from Exchanges ⠀ At the time of writing, several cryptocurrency exchanges appear to be releasing reports that back up what Novogratz is saying. One comes by way of Catherine Coley, the CEO of Binance US. In a recent document, Coley explains: ⠀ “As bitcoin and other digital currencies are easier to access than ever before, we’re seeing a surge in bitcoin interest as the market anticipates that second stimulus bill.” ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinmarket #cryptolife #bitcoinholder #bitcoinhalving #btcprice #bitcoinprediction #bitcoinusa #bitcoinhodler #btchalving #bitcoinfutures #bitcoinmarketcap #bitcoin #cryptocurrency #bitcoinprice #btc #investinbitcoin #crypto #cryptonews #cryptocurrencynews #bitcoininfo #bitcoininvestor #cryptotalk247 #bitcoinhashpower #cryptocurrencies #bitcoinhashrate #bitcoins #bitcoinhash #timeforplanb #intocryptonews #bitcoinnews https://www.instagram.com/p/CDSYCrhgoiA/?igshid=rbtmd8etfbqn

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Some of the biggest investors in the world – like Paul Tudor Jones – have stepped forward at some point this year to speak their praises for bitcoin. Now, a new investor – a major face behind Tesla, the Elon Musk-owned car company – is claiming that bitcoin could potentially serve as the world’s first global currency in the coming years. ⠀ Bitcoin Could Get Much Bigger Than It Is ⠀ Ark Invest analyst Yassine Elmandjra explained recently: ⠀ “ While scarce and durable, bitcoin also is divisible, verifiable, portable, and transferable, a range of monetary characteristics that confer superior utility, potentially driving demand and deeming it suitable, if not superior, for the role of global digital money.” ⠀ Elmandjra is not just predicting big things for bitcoin. As an avid follower of Tesla, he explained that he sees the automobile venture reaching new heights by the year 2024, and that its shares and stock prices could increase “seven-fold.” ⠀ The Words “Digital Gold” Make Sense ⠀ Still, Elmandjra has high hopes for the world’s leading digital asset, claiming: ⠀ “ We believe, as a suitable contender for the first global digital money, bitcoin should attract demand that’s similar, at a minimum, to that of gold. Bitcoin’s complexity should not prevent financial institutions from analyzing it in depth. Yet, contrary to claims that it is in a massive bubble, bitcoin’s network value or market cap is less than two percent that of gold… We believe bitcoin not only shares many of gold’s characteristics, but it also improves upon them.” ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #cryptocurrencynews #btchalving #bitcoinusa #bitcoinholder #investinbitcoin #cryptonews #bitcoin #digitalgold #btcprice #bitcoinmarketcap #cryptotalk247 #bitcoinhashrate #intocryptonews #bitcoins #bitcoinhodler #bitcoininfo #timeforplanb #bitcoinmarket #bitcoinhalving #bitcoinnews #bitcoininvestor #btc #cryptocurrency #bitcoinprice #cryptolife #gold #tesla #cryptocurrencies #bitcoinprediction #crypto https://www.instagram.com/p/CCJ7TKJAhUA/?igshid=1ntmgd9btnvmz

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In the latest episode of his “Keiser Report” TV show, Max Keiser predicted that the Iranian and Venezuelan regimes would force the Trump administration to embrace BTC. ⠀ Thanks to Tehran potentially controlling 3% of the Bitcoin hash rate already and Venezuela — briefly — accepting BTC payments, the U.S. joining the fight for Bitcoin supremacy is only a matter of time. ⠀ “Iran has already got 3% of global hash rate, so now I think Venezuela will get 3%–5% pretty quickly,” Keiser said. ⠀ “And then at some point America will say, ‘We’ve got to enter the 21st century space race of mining Bitcoin,’ and then they’ll try to seek 20% of the hash rate, and then security goes up dramatically, and the price goes to $400,000, $500,000.” ⠀ For Keiser, repeating previous arguments, Bitcoin represents the “reformation of free speech” which governments deny citizens by controlling the currency, and therefore the entirety of their position within the state. ⠀ “The truth is if you want individual sovereignty, if you want justice, if you want uncensorable, unconfiscatable, indestructible wealth, there’s only one way to go — and that’s Bitcoin.” ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #cryptolife #bitcoinusa #cryptocurrency #bitcoinnews #investinbitcoin #bitcoinprice #bitcoinfutures #cryptotalk247 #bitcoinholder #cryptocurrencynews #btc #bitcoinprediction #bitcoininfo #bitcoinmarket #cryptonews #bitcoinhodler #crypto #bitcoins #bitcoinhalving #btchalving #btcprice #bitcoin #maxjeiser #bitcoininvestor #bitcoinhash #bitcoinhashpower #intocryptonews #timeforplanb #bitcoinmarketcap #cryptocurrencies https://www.instagram.com/p/CCE3KdFAlSJ/?igshid=crunqmv49cs9

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Payments giant PayPal is reportedly planning to launch cryptocurrency services for its 305 million active account holders. According to a Coindesk report, several sources say that PayPal, as well as Venmo, will allow users to buy and sell cryptocurrency. ⠀ Spanning the globe, PayPal currently operates in over 200 countries and regions and supports over 100 currencies. ⠀ One of three sources tells Coindesk that PayPal will work with cryptocurrency exchanges and appears to be exploring a partnership European Bitcoin exchange Bitstamp and expanding its partnership with Coinbase which already allows US, European and Canadian crypto customers to withdraw their fiat balances to PayPal. ⠀ PayPal has the kind of brand name that could help cement Bitcoin and other cryptocurrencies as mainstream forms of money. At the same time, PayPal would become another middleman, “working with multiple exchanges to source liquidity,” according to the report, to bring peer-to-peer cryptocurrencies to the masses. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoins #bitcoinprice #btc #bitcoinprediction #btchalving #paypal #bitstamp #bitcoinfutures #btcprice #bitcoininfo #bitcoinnews #bitcoinhodler #cryptocurrency #bitcoinholder #intocryptonews #venmo #bitcoininvestor #cryptocurrencies #cryptonews #bitcoin #bitcoinmarket #cryptotalk247 #bitcoinusa #bitcoinhalving #investinbitcoin #bitcoinmarketcap #crypto #timeforplanb #cryptocurrencynews #cryptolife https://www.instagram.com/p/CBwNBO7gJsq/?igshid=1v7eaz11xadj1

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- Great music in a great video that is dedicated to all the HODLers! ⠀ Repost: @cryptogreen420 ⠀ Original vid from Xander youtu.be/5xG09d3WcGo Music from youtu.be/CrWx-L4VMQU Original tune is a classic by Edward Artemyev. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinholder #crypto #bitcoinprediction #bitcoinmusic #bitcoininfo #cryptotalk247 #cryptomusic #bitcoinprice #cryptocurrencynews #bitcoinhalving #cryptomeme #intocryptonews #bitcoins #bitcoinvideo #btc #timeforplanb #cryptonews #btchalving #cryptocurrency #btcprice #cryptocurrencies #bitcoininvestor #bitcoinmarket #bitcoinnews #bitcoin #bitcoinhodler #bitcoinmarketcap #investinbitcoin #cryptolife #bitcoinusa https://www.instagram.com/p/CBrGzjbAyBd/?igshid=4mkcrn3qntv2

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Market analyst and podcaster Preston Pysh says the anonymous Bitcoin (BTC) creator Satoshi Nakamoto built a nearly priceless marketing feature straight into the top cryptocurrency. ⠀ “I think that you’re definitely dealing with some sort of savant but on a level that it’s not just in one field of study. It’s pretty much in like all fields of study. Which makes you kind of think, ‘Well then they’re had to have been more than one person because no one person could possibly have this much foresight and this much expertise in this many areas.“ ⠀ "Even from a branding and marketing standpoint, the fact that Satoshi only made it 21 million coins but had 10 to the negative 8th units to the right of the decimal… you could argue it’s a $500 billion to $1 trillion marketing strategy, with the amount of buzz that it creates when the price goes over $200,000, and it goes over $100,000. Can you imagine if you were going to put a price tag on the marketing that that’s going to create?” ⠀ Pysh thinks the countries struggling the hardest will be the first to see the value of Bitcoin. Conversely, he says the US will likely be the last country to fully embrace BTC due to the omnipresence of the dollar. Overall, the analyst believes Bitcoin’s price is about to take off. ⠀ Pysh also thinks gold is going to perform well relative to the stock, bond and commodity markets, but relative to Bitcoin, he says it’ll be “a travesty.” ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #btc #bitcoinholder #bitcoins #bitcoin #btcprice #bitcoinhalving #timeforplanb #bitcoininfo #bitcoinmarket #goldinvestment #intocryptonews #cryptocurrencies #cryptolife #investinbitcoin #bitcoinmarketcap #bitcoinprediction #buygold #bitcoininvestor #cryptocurrencynews #cryptonews #investingold #bitcoinhodler #satoshinakamoto #bitcoinprice #cryptotalk247 #cryptocurrency #bitcoinusa #crypto #gold #bitcoinnews https://www.instagram.com/p/CBl2RD9gZin/?igshid=t4iwcu7y6d9j

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In a tweetstorm, analyst Croesus says that PlanB’s S2F model, which forecasts BTC’s rise to $100,000 by 2021, has a lot of naysayers because it predicts Bitcoin rising dramatically in a relatively short period of time. But Croesus points out that critics of the model fail to take into account the exponential increase that comes with the adoption of new technology, whether it is social media or Bitcoin. ⠀ The pseudonymous analyst assumes that Bitcoin has a total addressable market of 2.2 billion users based on the number of individuals in the world with a net worth of at least $10,000. Croesus says that Bitcoin has a current market penetration of 10 million users based on the number of addresses holding less than $1,000 worth of BTC and including balances in crypto exchanges as well as ownership of Bitcoin derivatives. ⠀ Based on the figures above, the analyst says that Bitcoin’s current adoption rate stands at 0.5%. ⠀ Croesus highlights the fact that technology adoption in this day and age is “faster than ever.” ⠀ While adoption of Bitcoin has been slower than other technologies, Croesus expects the scarcity of BTC to eventually kick in and drive the price higher. As adoption grows and the amount of new BTC mined decreases over time due to the halvings, a slight increase in demand could result in a significant surge in value. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinmarketcap #btchalving #bitcoinprediction #bitcoinprice #btcprice #timeforplanb #bitcoininvestor #bitcoinhash #bitcoinnews #btc #bitcoinhashrate #bitcoinusa #investinbitcoin #bitcoinhashpower #bitcoinhodler #bitcoins #bitcoinfutures #bitcoinholder #bitcoinmarket #bitcoininfo #bitcoinhalving #bitcoin https://www.instagram.com/p/CBgopzGAFw0/?igshid=1kiim0xp28nwp

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Obi Nwosu, the chief executive of the London-based cryptocurrency exchange Coinfloor, says Bitcoin offers a way out for market participants – especially those in the black community – from the rigged and racist financial system. ⠀ In the latest Keiser Report installment with Heisenberg Capital founder and host Max Keiser, Nwosu explains how Bitcoin is a currency that levels the playing field. ⠀ “So Bitcoin has a potential to provide an alternative. If you’re playing a game of Monopoly and someone’s got all of the hotels, and you start a new game, and they start with all the hotels, it’s not [a] very fun game to play. ⠀ But we now have an opportunity to exit that game and play a new game from [the] beginning. We’ve got a new currency that has no basis in any other historical system. It’s not like any other store of value that we have available to us like real estate or stocks and shares and so on. It plays by its own rules and the master of the game is a computer program. It has no emotions but it is completely objective, impartial and fair. That’s all you can ask for.” ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinprice #bitcoininvestor #bitcoininfo #bitcoinholder #cryptocurrency #btc #cryptonews #bitcoinprediction #cryptotalk247 #bitcoin #bitcoinmarket #bitcoins #intocryptonews #bitcoinnews #btcprice #cryptolife #bitcoinusa #bitcoinhodler #bitcoinmarketcap #bitcoinfutures #crypto #btchalving #MaxKeiser #bitcoinhash #investinbitcoin #bitcoinhalving #bitcoinhashrate #cryptocurrencynews #timeforplanb #cryptocurrencies https://www.instagram.com/p/CBbMrJQgwFJ/?igshid=1md3deohcu61m

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US Congressman Warren Davidson thinks Bitcoin is a great store of value while taking shots at central banks for their efforts to print more money. ⠀ In a new interview with Laura Shin of Unchained, the Ohio Republican lauds the potential of crypto assets. He also criticizes how frequently modern central banks print money. ⠀ But that doesn’t mean Davidson thinks Bitcoin should replace the dollar. The congressman doesn’t believe BTC is nimble enough to a be national currency, particularly in light of the economic demands caused by Covid-19. ⠀ “I think if you had Bitcoin as your national currency you would see the lack of flexibility that [BTC] would provide for a central bank in a situation like this. I view Bitcoin personally kind of like digital gold versus a true currency. I think it’s a great store of value.” ⠀ Davidson says he doesn’t personally own any Bitcoin, noting that it would be inappropriate – though not technically against the rules – due to his public role as a legislative advocate for the crypto space. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinhodler #bitcoinholder #intocryptonews #bitcoinnews #btchalving #bitcoinmarketcap #cryptocurrencies #bitcoinprice #bitcoininfo #btcprice #usa #investinbitcoin #cryptotalk247 #cryptolife #timeforplanb #cryptocurrency #bitcoins #regulation #bitcoinfutures #cryptocurrencynews #btc #bitcoin #bitcoinusa #government #bitcoinmarket #bitcoinhalving #cryptonews #bitcoininvestor #crypto #bitcoinprediction https://www.instagram.com/p/CBROzy6Ah61/?igshid=1ekcojnntgzj2

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Coinbase experienced its highest single-day net BTC withdrawal in the wake of the outage incident, with even the author of “Black Swan” quitting the exchange. ⠀ Coinbase experienced the largest net outflow of Bitcoins (BTC) in ages in the wake of the recent service outage. Even Nassim Taleb has left the nest. ⠀ Black Swan ⠀ The June 1 outage happened during the surge of traffic as Bitcoin was trying to push through the $10,000 resistance level. Similarly, to the BitMex’ blackout a few months ago, this caused much frustration amongst its user base. A few days later, one of its most famous users, “Black Swan” author Nassim Taleb, quit the exchange. ⠀ Users punishing Coinbase? I ⠀ June 7, Coinbase users withdrew 22,000 more Bitcoins than they deposited — worth $214 million. According to Glassnode data, only once in history did Coinbase see a greater net withdrawal — July 28 2017, when the outflow was 22,500 BTC. The price at the time, however, was $2,785. Thus, denominated in dollars, that was a much more modest event, with only $63 million worth of Bitcoin withdrawn from the exchange. ⠀ Coinbase still holds close to a million Bitcoin, more than any other exchange. Thus, this latest incident may have an insignificant impact on its bottom line. Nonetheless, keeping in mind how BitMex lost its leadership position, Coinbase would be well-advised to fix its scalability woes in order not to alienate its users any further — black swans appear when you least expect them. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoininfo #investinbitcoin #cryptolife #bitcoins #bitcoinprice #cryptocurrencynews #crypto #bitcoinholder #bitcoinhashrate #cryptonews #btc #bitcoininvestor #cryptotalk247 #bitcoinmarketcap #bitcoinhodler #intocryptonews #bitcoin #exchanges #btcprice #bitcoinhash #Coinbase #bitcoinusa #bitcoinmarket #timeforplanb #bitmex #bitcoinnews #cryptocurrencies #btchalving #bitcoinprediction #cryptocurrency https://www.instagram.com/p/CBO2ScsgJs5/?igshid=j6lz1wta3csi

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Venture Capitalist Simon Dedic says that while he believes Bitcoin will put together a face-melting rally in the next bull run, he sees five altcoins outshining the leading cryptocurrency. ⠀ In a recent tweet, Dedic says he expects the crypto market to launch another bull market but warns that the rising tide will not lift all boats. The founder of digital asset intelligence firm Blockfyre predicts that Bitcoin will soar nearly 1,500% to $150,000 in a new bull cycle. ⠀ But unlike the peak of the 2017 crypto bull market, when many altcoins generated gains of over 1,000%, the Blockfyre executive believes only a handful of altcoins will print potentially life-changing gains. ⠀ At the top of Dedic’s altcoin’s list is Ethereum (ETH). He expects the second-largest cryptocurrency to skyrocket to $9,000 for an increase of 3,650% from its current price of $240. ⠀ Dedic sees ChainLink (LINK), which is trading at $4.34 at time of writing, to surge over 4,500% to $200. He also believes Binance Coin (BNB) will soar to $500 and post gains of more than 2,700% from its current value of $17.64. ⠀ Next is VeChain (VET), which he predicts will rise almost 15,000% from its current price of $0.006682 to $1.00. ⠀ Wrapping up the venture capitalist’s list is Tezos (XTZ). Dedic says he believes XTZ, which is currently valued at $2.91, will generate gains of more than 6,700% as it climbs to $200. ⠀ The altcoin market is especially risky, with many coins remaining down more than 90% from their all-time highs in the last parabolic crypto rally, which ended in December of 2017. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #timeforplanb #bitcoins #btc #bitcoininfo #cryptotalk247 #bitcoinmarket #bitcoinprice #bitcoinusa #Ethereum #cryptocurrency #cryptocurrencies #ChainLink #investinbitcoin #VeChain #bitcoinholder #bitcoininvestor #btchalving #cryptolife #bitcoinprediction #btcprice #cryptocurrencynews #intocryptonews #cryptonews #bitcoinhalving #crypto #bitcoinmarketcap #bitcoinhodler #Tezos #bitcoin https://www.instagram.com/p/CBI9Tr7g0CS/?igshid=15gb77066l9jv

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Bitcoin trading in India exploded in mid-May, with combined totals from both Paxful and LocalBitcoins nearing $3 million in a single week. ⠀ Bitcoin trading in India is on fire. ⠀ Over the past month, data from analytics site Useful Tulips indicates that more Bitcoin has changed hands on local, peer-to-peer exchanges in India than ever before. What’s more, relative newcomer Paxful has recently overtaken LocalBitcoins as the exchange of choice in India. ⠀ “The Indian market holds great potential and importance for the future of the crypto economy,” Paxful CEO Ray Youssef said in a statement. “People in India are betting big on Bitcoin, which is presenting an opportunity for greater financial returns. We are actively focusing our efforts on bringing cryptocurrency to the masses across the nation to aid in the eradication of poverty, boost economies and create jobs.” ⠀ Up until early March of this year, India had a ban in place that disallowed banks from doing business with Bitcoin and cryptocurrency firms. The nation’s Supreme Court struck down the ban after deeming it unconstitutional. ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ 👉 See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #cryptocurrencies #bitcoinprediction #bitcoinmarketcap #bitcoins #bitcoinholder #btcprice #cryptocurrency #bitcoinprice #bitcoinhalving #investinbitcoin #localbitcoins #cryptonews #crypto #btc #bitcoinhodler #paxful #bitcoinfutures #bitcoinusa #bitcoin #cryptolife #cryptocurrencynews #btchalving #intocryptonews #timeforplanb #bitcoinmarket #cryptotalk247 #bitcoinnews #india #bitcoininfo #bitcoininvestor https://www.instagram.com/p/CBBayXOgqVO/?igshid=1sof56a1x9gq0

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PLAN B PREDICTS BIG THINGS FOR BTC ⠀  The analyst has announced that sometime within the next one to 1.5 years, bitcoin will ultimately shoot up to $100,000 per unit. According to Plan B, the halving is placing bitcoin on a new bullish run that will take it into six-figure territory for the first time in its short, yet significant history. ⠀  The stock-and-flow pricing model that Plan B has invented works to assess a commodity’s price based on how much already exists and how many new units of that commodity are entering the market each day. As it turns out, the halving has ultimately made bitcoin rarer. There is far less being handed out to miners, and their digital rewards have shrunk to their lowest levels. ⠀ At the same time, approximately 18 million of the world’s BTC units have already been extracted and are now in circulation, meaning the final three million left is being eyed by analysts and traders everywhere as digital gold. The halving has provided a level of scarcity to bitcoin that hasn’t been seen in the coin’s history yet, which means its price and value could surge in the coming months. ⠀  In a statement, Plan B mentions to all his followers: ⠀  "Somewhere between a year and a year-and-a-half after the [May 2020] halving, so say before Christmas 2021, bitcoin should be, or should have been, above $100,000. If that’s not the case, then all bets are off, and [the model] probably breaks down. I don’t expect that to happen.“ ⠀ Please let me know what you think about this. ⠀ 👉 Follow Us on Instagram 🙏: @intocryptonews ⠀ See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #bitcoinholder #bitcoinprediction #btcprice #bitcoinmarket #bitcoinprice #btchalving #bitcoinfutures #cryptocurrencies #bitcoininvestor #bitcoinhashpower #bitcoinhodler #bitcoins #planb #bitcoin #btc #bitcoinmarketcap #cryptolife #bitcoininfo #cryptocurrencynews #cryptotalk247 #bitcoinusa #bitcoinhash #bitcoinnews #bitcoinhalving #intocryptonews #cryptonews #crypto #investinbitcoin #timeforplanb #cryptocurrency https://www.instagram.com/p/CA8mKxTHwEU/?igshid=1wnjp2f3v6sk5

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Grayscale Investments has been gobbling up Bitcoin in recent months, and most of its investors are institutions — but other funds are doing it, too. ⠀ While the theater world has Waiting for Godot, the crypto sphere has its own drama: Waiting for the Institutional Investor. Recently, there have been some promising sightings. Grayscale Investments has been buying up Bitcoin (BTC) at a great rate in recent months. ⠀ Grayscale may not be alone in attracting institutional attention. Eric Ervin, the president and CEO of Blockforce Capital, an asset management firm that operates in the crypto space, told Cointelegraph: “We are seeing more institutional interest.“ ⠀ Lennard Neo, the head of research at Stack Funds, told Cointelegraph that institutional investors have been looking for alternative solutions not just to provide returns but also to protect their existing portfolio from further downside risks. ⠀ The participation of hedge fund icons like Paul Tudor Jones has to be factored in as well. Jones’ recent letter “making the case for Bitcoin as his preferred hedge against what he calls ‘the great monetary inflation’ has significantly reduced career risk for many of his peers considering an allocation to Bitcoin,” Lawant told Cointelegraph. ⠀ Given the world’s inflation anxieties, is it surprising that institutional players might throw some hedge fund money Bitcoin’s way? ⠀ This is a very interesting article, but quite voluminous, I recommend that you fully read it on our website. Link in BIO. ⠀ Please let me know what you think about this. ⠀ Follow Us on Instagram 🙏: @intocryptonews ⠀ See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #cryptolife #intocryptonews #investors #Grayscale #btchalving #timeforplanb #investing #invest #investinbitcoin #investor #bitcoinprediction #cryptonews #btc #bitcoinhodler #cryptocurrencies #bitcoininfo #cryptocurrencynews #bitcoin #bitcoinmarketcap #bitcoinhalving #cryptocurrency #bitcoinnews #bitcoinmarket #bitcoins #cryptotalk247 #bitcoinusa #crypto #bitcoininvestor #bitcoinprice #bitcoinholder https://www.instagram.com/p/CA3KxcyA48o/?igshid=cisv4oz56kkw