Peter Schiff Offers Sarcastic Bitcoin Advice for Trump Media
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Peter Schiff, a long-time economist and vocal critic of Bitcoin, has once again stirred the crypto pot. This time, he is targeting Trump Media & Technology Group (TMTG), the company behind the stock ticker DJT.
In a bold and potentially tongue-in-cheek tweet, Schiff suggested that TMTG, which he claims “doesn’t actually have a business,” should consider taking a page from MicroStrategy’s playbook.
In a post on X (formerly Twitter), Schiff says that TMTG should convert its cash holdings into Bitcoin (BTC). Further, he urges Trump Media & Technology Group to borrow billions and issue more shares to buy even more Bitcoin, setting DJT stock up for a “moonshot.”
“Since DJT stock does not actually have a business, why doesn’t it just use its cash to buy Bitcoin?” Schiff wrote.
Likely, with his usual hint of irony, the Bitcoin skeptic urges the firm to follow the Michael Saylor business playbook.
“Borrow billions and issue more shares, then use the money raised to buy even more Bitcoin,” he added.
This suggestion may seem uncharacteristic, given Schiff’s history with Bitcoin. He recently dismissed the BTC price surge as the “biggest bubble in history.” Schiff has been one of Bitcoin’s most relentless critics, frequently arguing that the asset lacks intrinsic value and will eventually crash.
Recently, he openly stated that many of his Bitcoin-related tweets are sarcastic, adding a layer of humor to his otherwise pessimistic views on the cryptocurrency. For Schiff, this latest comment appears to play into that tone, positioning TMTG’s potential Bitcoin strategy as a satirical example of the high-risk approach taken by companies like MicroStrategy.
#DonaldTrump #PeterSchiff #Trumpmedia #CryptoNews
We’re thrilled to be at the @BNBCHAIN Takeover: Thailand Edition with @ThenaFi_, @AIE_Labs, @BlockusGG, @Audition_web3 and many others!
This event is a powerful gathering of Web3 leaders, GameFi innovators, and DeFi pioneers—all here to connect, share insights, and shape the future of blockchain.
It’s inspiring to see so many bold ideas and groundbreaking projects in one place! 🌐✨
We’re thrilled to be at the @BNBCHAIN Takeover: Thailand Edition with @ThenaFi_, @AIE_Labs, @BlockusGG, @Audition_web3 and many others!
This event is a powerful gathering of Web3 leaders, GameFi innovators, and DeFi pioneers—all here to connect, share insights, and shape the future of blockchain.
It’s inspiring to see so many bold ideas and groundbreaking projects in one place! 🌐✨
📊 TOP 2 MOST POPULAR & BEST INDICATORS IN TRADINGVIEW (Pro Traders Use Them) 🚀
When it comes to analyzing the markets, professional traders rely on certain tools to make informed decisions. Here are the top 2 indicators you should know about, and why they're loved by the pros:
1️⃣ Relative Strength Index (RSI)
Why it’s popular: RSI helps identify overbought or oversold conditions, giving traders insights into potential trend reversals. Pro traders use it to spot entry and exit points.Pro Tip: Look for RSI above 70 (overbought) or below 30 (oversold) for potential trades.
2️⃣ Moving Average Convergence Divergence (MACD)
Why it’s popular: MACD is a powerful momentum indicator that shows the relationship between two moving averages, helping traders spot buy/sell signals and trend changes.Pro Tip: When the MACD crosses above the signal line, it could be a buy signal; crossing below could indicate a sell.
🔍 These indicators are essential for anyone serious about trading on TradingView. Check them out to enhance your strategy and improve your trades!
💡 Learn more on the website: [Insert Website Link Here]
#TradingView #CryptoTrading #RSI #MACD #ProTraders #Indicators #CryptoTips #Investing
iExec is TEE’d up for an afternoon of discussions on secure and privacy-preserving tech in Web3, alongside @OasisProtocol, @Poetic_Tech, and @PhalaNetwork
Another day, another event at #Devcon2024 This time, co-hosting it with Oasis!
📍 Mami Rose (5th floor of EmSphere Mall)
Good food, cold drinks, and inspiration! What more could you ask for? See you there!
🔥 RIPPLE XRP JUST MELTED RAOUL PAL'S FACE! 🔥
HOLDERS, WE WILL BE INSANELY RICH! 💰🚀
$XRP is absolutely smashing expectations! 🔥 Even the likes of Raoul Pal can't deny its power anymore. Ripple’s recent moves have shown that the coin is setting up for massive growth, and if you’re holding, it’s time to get excited!
With the SEC lawsuit looking more favorable for Ripple and partnerships driving XRP’s utility, the price could skyrocket like never before. The future looks bright, and those who believed in XRP from the start are about to be rewarded BIG TIME!
Get ready for the ride of a lifetime! 🚀💎
#XRP #Ripple #CryptoNews #RaoulPal #CryptoRevolution #Blockchain #HoldStrong #CryptoCommunity
Bitcoin's recent all-time high has attracted new market participants, as evidenced by the sharp rise in UTXO Age Bands. This suggests increased market activity, with a significant portion of participants currently in profit, as shown by the UTXO profit percentage. Despite this, long-term holders are maintaining their positions amidst an increasingly overleveraged derivatives market. The Spent Output Profit Ratio remains positive, indicating profitable token movements. Additionally, a potential mania phase is emerging, highlighted by a surge in options market call contracts over the past two months. Probability models, with a 500-day lag, show Bitcoin breaching two standard deviations at $90,000, with a third standard deviation projected around $101,000.
Will Bitcoin Price hit $100K in Next 17 Days? Here’s What Polymarket Data Says
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The Bitcoin market has seen a significant growth of 20.6% in the last seven days. Right now, it hovers very close to the range of $90K. Currently, nearly 46% of Polymarket bettors believe that the price of Bitcoin will reach as high as $100K in this month itself. Does the forecast sound unachievable? Let’s examine the scenario a bit deeper. Ready?
Bitcoin’s Price Prediction: $100K Target on the Horizon
Since the day of the US presidential election, the entire crypto market has grown steadily. In the last 24 hours alone, the market has climbed by nearly 2.9%. All the top cryptos have absorbed the positive sentiment in the market.
The Bitcoin market has surged by over 32.35% since November 5. Currently, the RSI of the BTC market remains at 81.40, indicating that the market is in the overbought zone.
Interestingly, the current Bitcoin price of $89,600 is well above the 50-day SMA of $68,922.08, the 100-day SMA of $64,324.16, and the 200-day SMA of $64,305.98.
At the start of this month, the BTC price was around $70,128.41. It slipped to a low of $67,951.65 on November 4. Since November 5, the market has experienced steady growth. Yesterday, it closed above the crucial level of $90K. It was on November 6 that the market entered the overbought zone, where it has remained since then.
On November 13, at 10 PM, at least 63% of Polymarket bettors backed the possibility of Bitcoin reaching the $100K level in November. Interestingly, it was the day that the market created its new ATH.
Right now, nearly 46% of Polymarket bettors think that the market will reach the $100K level within the next 16 days.
#BTC #Polymarket #predictions #CryptoNews
🚀 XRP Price Prediction - Can It Hit $33 by 2025? 🚀
Bold predictions about $XRP price trajectory are circulating, with some analysts forecasting a surge to as high as $33 by 2025. Prominent XRP community figure, XRP Shark, believes XRP could reach the $20-$33 range by late 2025 or early 2026. This projection is grounded in:
✅ XRP’s current market behavior
✅ Accumulation zones (supporting levels of $0.35 to $0.45)
✅ Technological advancements and Ripple's On-Demand Liquidity
✅ Potential positive outcomes from the ongoing SEC lawsuit
While the future looks optimistic for XRP, we must remember that such predictions are speculative. Cryptocurrencies are volatile, and regulatory hurdles or market sentiment shifts could impact price movement.
Patience and close monitoring of the market will be key. 📊
#XRP #Cryptocurrency #CryptoAnalysis #Ripple #PricePrediction #SEC #Blockchain #Investing
🚨 BREAKING XRP NEWS! GARY GENSLER GONE NEXT WEEK?! 🚨
$XRP
Ripple CEO Brad Garlinghouse is calling for the removal of SEC Chairman Gary Gensler if Donald Trump returns to the presidency! Garlinghouse believes that Gensler's approach has been overly aggressive and detrimental to the crypto industry, particularly with his lack of clear regulatory frameworks.
In a tweet on November 6, Garlinghouse urged Trump to make firing Gensler a priority on his first day in office. He also suggested potential replacements for Gensler, including Chris Giancarlo, Brian Brooks, or Dan Gallagher, all of whom are seen as more supportive of cryptoCrypto Briefing.
This move comes after several controversial SEC actions under Gensler’s leadership, including the ongoing battle over the classification of Ethereum and XRP. Ripple’s legal victory in 2023, where a judge ruled XRP is not a security when traded on public exchanges, is still under challenge, with the SEC appealing the decisionCrypto Briefing.
Could Gensler’s removal shift the regulatory landscape in favor of crypto assets like XRP? Stay tuned as we follow this critical development!
#XRP #GaryGensler #CryptoRegulation #Ripple #SEC #CryptoNews
📉 #Bitcoin Daily 📈
$BTC uptrend goes on. Moving stable above 4H 20sma casually switching to sideway dips. Nothing here to forecast, just observe. Nearest SR at 92.5k - not really sure if I can call it resistance, as most of the volume is left behind under 91k. So its just a bush... not a wall.
Yesterday shake out left lots of volume on the chart all concentrated in between 88600 and 92700 with POC at ~90900. That is either a range, or a launching platform for another impulse up. And if there will be an impulse, watch for round numbers like 95 / 100k. Only they possess the power to stop price for some time. No historical resistance left.
My wife keep on telling me to sell some #BTC 😅 No! is my answer. We are holding for Q4 2025 ✊🏼 Although I am almost out of longs in Futures. But that is a different trade strategy and philosophy.
N.B. Just a reminder, as it will be visited in any case. CME Futures gap at 77930-80670 remains valid target for correction moves in future.
{future}(BTCUSDT)
Nearest liquidity pools:
above - 91827 / 92253 / 92680 / 93619
below - 90120 / 89011 / 88157 / 87645
🚀 Binance is set to launch the stablecoin USUAL on Nov. 19! This marks the 61st project on Binance Launchpool. Trading pairs with USDT will be available, and the webpage goes live 12 hours before the launch.
💡 Backed by Kraken, Mantle, and others, Usual Labs is bringing USUAL to the Ethereum network. Users can enjoy airdrops in BNB and FDUSD from Nov. 15.
With a market cap of $345.71M, USUAL is trading at $0.9991. The initial circulating supply will be 12.37% of the total 4B tokens.
What are your thoughts on this launch? Share in the comments!
🚀 Crypto Buzz: Solana, Bonk & Yeti Ouro Shine! 🚀
- Solana hits a $100B market cap, attracting whales and pushing DeFi & NFT growth. Could $250 be next? 💰
- Bonk, the new memecoin, gains traction with a $2.43B market cap. Is it the next Shiba Inu?
- Yeti Ouro blends meme culture with Play-to-Earn gaming. With a capped supply and token burn, will it be the next 100x coin?
Join the discussion! What are your thoughts on these crypto trends? Comment below!
Market watchers argue that while XRP may continue to frustrate holders in the short term, it could be gathering momentum for a dramatic rally that will push it past its all-time high.
Currently, XRP is trading 81% below its all-time high, while Bitcoin is in a price discovery phase, regularly claiming new peaks.
Notably, Bitcoin has gained 112% year-to-date (YTD), while XRP’s growth over the same period is significantly slower, with just an 11% gain. Meanwhile, prominent altcoins like Solana and BNB have closely mirrored Bitcoin’s performance this year, each registering over 100% YTD gains.
Data shows that among the top 100 cryptocurrencies by market cap, 71 of them are outperforming XRP in terms of yearly price performance.
With such disappointing results, many have written XRP off, arguing it has no bull market potential. However, core XRP proponents continue to assert that the asset still holds significant promise.
#XRP #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
ORDI/USDT Gearing Up for a Potential Breakout: Key Levels and Future Price Action
Daily Chart
- Current price: $43.01, with a daily gain of 12.09%.
- Trend: The price is climbing above the 7-day and 25-day moving averages (MA), suggesting a possible trend reversal.
- RSI: The RSI is currently at 67.19, approaching overbought levels but still has room to advance, indicating strong buying pressure.
- MACD: Positive MACD value and a bullish crossover signal a continuation of upward momentum.
- Support: Key support level lies around $20.72, a previous significant low.
- Resistance: Resistance is at $44.88. Breaking this level may pave the way for further gains, potentially targeting the previous high at $97.00.
3-Day Chart
- Trend: The price stabilizing and attempting an uptrend after a prolonged downtrend.
- RSI: 73.98, nearing overbought territory, but still indicates positive momentum.
- MACD: MACD is turning positive, suggesting a medium-term upward trend.
- Support: Strong support at $20.72, with further backing at $16.90 if a pullback occurs.
- Resistance: Resistance remains at $44.88, with a breakout opening the possibility for a run towards $68.15.
Weekly Chart
- RSI: 65.43, showing balanced momentum with further upside potential.
- MACD: The MACD is in the early stages of a bullish crossover, suggesting a long-term upward trend could be forming.
- Support: $5.90 is the long-term support level, although $20.72 offers intermediate support.
- Resistance: The key resistance to watch is $44.88, followed by a target at $68.15, and eventually $97.00 if momentum sustains.
ORDI/USDT appears set for a potential breakout if it can surpass the $44.88 resistance level, which could lead to an upward move towards $68.15 and possibly $97.00. However, if it fails to hold above the current level, it may retest support around $20.72.
Follow for updates, TA and price action. thanks.
buy these and enjoy. dyor.
$ORDI
{spot}(ORDIUSDT)
$VANRY
{spot}(VANRYUSDT)
$RENDER
{spot}(RENDERUSDT)
#USInflationAboveTarget #MidNovemberMarket #HaveYouBinanced #PEPEATH #Write2Earn!