#ALT El Salvador president's Bitcoin advisor names new immediate target for #bitcoinprice Disclaimer: 🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. Contents"$50,000 is now immediate target""New Bitcoin post halving epoch"Active #BTC addresses surge#MaxKeiser , vocal Bitcoin proponent and advisor to the president of El Salvador, Nayib Bukele, on Bitcoin adoption strategy, now expects Bitcoin to reach a particular target soon, after it was “delayed” due to certain circumstances."$50,000 is now immediate target"In a recently published tweet, Bitcoiner and $BTC maximalist Keiser commented on the recent consecutive Bitcoin sales made by Grayscale from its Bitcoin Trust (#gbtc ).Over the past two days, the major crypto hedge fund has sold massive lumps of 15,986 BTC; 13,179 BTC and 10,872 BTC, evaluated at $1.618 billion in total. Commenting on that, Keiser tweeted that GBTC equilibrium has been achieved.Keiser is positive that after the Securities and Exchange Commission gave the green light to the 11 companies to launch their spot Bitcoin ETFs for trading, the expected surge of Bitcoin to the $50,000 high was delayed “due to some Wall St. players blocking BTC ETF purchases.”Keiser tweeted about it earlier in January, particularly naming the chief executive of Vanguard banking giant as the person who prevented the world’s flagship cryptocurrency from skyrocketing, with his ban on Bitcoin ETF purchases for clients."New Bitcoin post halving epoch"Overall, Keiser believes that Bitcoin’s new “post halving epoch” that will last from 2024 until 2028 will be “marked by BlackRock & Wall Street” spot Bitcoin exchange-traded funds.The previous Bitcoin epoch was “owned” by Michael Saylor and his MicroStrategy company, which began buying BTC with its cash balance in August 2020 with the goal of accumulating 1% of Bitcoin’s circulating supply.Active BTC addresses surgeCrypto analyst Ali Martinez has reported that there has been a significant surge in active Bitcoin wallets on the network; those are Bitcoin wallets that hold more than $1 million worth of BTC. He commented that this is an indicator of whales’ “growing participation and usage of $BTC .”Still, despite that, small Bitcoin traders are exiting BTC, according to Santiment on-chain data agency, as the overall number of Bitcoin wallets holding approximately 1 BTC has been shrinking. Within the last four days, data shows, more than 487,000 such wallets have been liquidated, which signifies a capitulation of this class of cryptocurrency whales, and it could lead to a BTC price bounce.

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Max Keiser, known for his strong support of Bitcoin and serving as a crypto advisor to the President of El Salvador, has made a big prediction about Bitcoin’s future price. Like many other experts, he’s making some attention-grabbing forecasts.

Keiser’s Prediction: Bitcoin Price Target of $220,000
In a tweet on the X platform, Keiser confidently said that he believes Bitcoin’s price will rise significantly, reaching an impressive $220,000. He made this statement after reading a CNBC article about challenges in the financial market due to concerns about the economy and rising prices. However, he didn’t specify when this increase might occur.
Keiser has been a long-time supporter of Bitcoin, calling it the “currency of the resistance” and one of the most significant stories of the decade back in 2011. His recent prediction is based on the idea that central banks worldwide will print a lot of money, leading to a significant increase in the money supply. In this context, Bitcoin is seen as a way to protect money from losing value as prices rise.
Varying Views on How Inflation Affects Bitcoin
Some experts, like Nicholas Merten, believe that rising prices could pose a challenge for Bitcoin. They suggest that authorities might need to take action, such as raising interest rates, which could potentially hinder Bitcoin’s rise.
Bloomberg analyst Mike McGlone also shares concerns, noting that if interest rates increase, Bitcoin’s price might decline. It’s essential to remember that Bitcoin is interconnected with the broader financial landscape. Significant events in traditional currencies or stock markets can influence Bitcoin’s performance. Despite being a digital asset, Bitcoin is still part of the larger financial ecosystem.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Blockchain #CryptoMarket #Bitcoin #CryptoNews #MaxKeiser

#Write2Earn Bitcoin maximalist Keiser has found new aim for criticism – #DogeCoin Disclaimer: The opinions expressed by our writers are their own and do not represent the views of @Àża 1 . The financial and market information provided on @Àża 1 is intended for informational purposes only. @Àża 1 is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.ContentsKeiser bashes $DOGE , praising #BTC $BTC , USDT can buy you Salvadorian citizenshipBitcoin market performanceVocal Bitcoin proponent and maximalist #MaxKeiser  has taken to the X/Twitter social media platform to take a jab at another top 10 altcoin. While, Bitcoin advisor Keiser usually aims his critique at such cryptocurrencies as XRP, $ADA and SOL, this time, he responded to a tweet posted by Elon Musk and chose DOGE as a new target.Keiser bashes DOGE, praising BTCMax Keiser quoted Elon Musk’s tweet about the U.S. government and the “Committee of Public Safety” that saw a large number of people executed during the French Revolution. In his critique, the Bitcoin maximalist slammed Dogecoin as an s-coin and shared statistics of the homicide rate in El Salvador falling substantially lower than in such counties as South Africa, Jamaica and even the U.S. (Chicago in particular).Keiser believes that the high crime rate all over the world is due to those countries using fiat currencies, unlike El Salvador, where in 2020 President Nayib Bukele adopted Bitcoin as the national currency.In his recent tweets, Max Keiser has slammed XRP and SOL, calling them “centralized garbage” and predicting that they are on their way to collapse to virtual zero against Bitcoin.Earlier this week, Keiser criticised BNB, ETH, ADA and XRP in a humorous tweet, while singing serenades to Bitcoin.BTC, USDT can buy you Salvadorian citizenshipAside from Bitcoin, El Salvador and Keiser also support Tether’s USDT. The thing is that this nation-state tries to attract new wealthy citizens and offers them a chance to apply for a visa and citizenship for an entrance fee of $1 million worth of Bitcoin. As of the first week of December, there were 153 individuals (whose families are also eligible) who have signed up for Salvadorian citizenship.In case all of them are approved to undergo the “Adopting El Salvador Freedom” program, $153 million worth of Bitcoin and/or Tether will flow into the country’s economy.Bitcoin market performanceOver the past 24 hours, the world’s leading cryptocurrency, Bitcoin, demonstrated an increase of almost 3%, rising from $41,985 to the $43,150 zone. However, today Bitcoin printed a massive red hourly candlestick as it abruptly went down by 1.17%. At the time of this writing, BTC is exchanging hands at $42,625 on the Bitstamp exchange.#TrendingTopic

#MANTA Read U.Today's #cryptonews digest to make sure you are not missing any of the latest events in the industry!Contents: 🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. Key reason why Bitcoin failed to reach $50,000 despite ETF being nailed by #MaxKeiser Shibarium witnesses 210% transaction spike as major exchange integrates Shiba Inu L2Ripple blasts SEC, #Ceo highlights agency's failuresTake a look at what's happening in the world of crypto by reading U.Today's top three news stories.Key reason why Bitcoin failed to reach $50,000 despite ETF being nailed by Max KeiserIn a recent X post, Max Keiser, a prominent Bitcoin evangelist, pointed to the likely person responsible for preventing Bitcoin from surging to highs of $50,000, despite the recent approval of spot Bitcoin #ETFs by the SEC. According to Keiser, the "culprit" is Mortimer J. "Tim" Buckley, the CEO at Vanguard Bank; after the regulating agency greenlit spot Bitcoin ETFs last week, the bank announced that it will prohibit its customers from purchasing cryptocurrency and products related to it, including spot Bitcoin ETFs. Following the decision, Buckley said in an interview that the bank would prefer not to offer its clients Bitcoin-based ETFs, as well as gold-based ETFs. According to him, BTC does not have intrinsic value, and there is no cash flow into it.Shibarium witnesses 210% transaction spike as major exchange integrates Shiba Inu L2According to data provided by Shibariumscan, Shibarium's daily transactions saw a 210.4% surge over the past two days. Yesterday, the platform recorded 2.43 million transactions - a significant spike compared to the 1.16 million transactions reported on Saturday, which seems to be the lowest point in recent activity. The trigger for the said increase in transactions is Shibarium's integration by major cryptocurrency exchange Gate.io. As became known from an X post by Shiba Inu team member Lucie, the exchange introduced support for Shibarium; from now on, its users are able to withdraw BONE tokens directly from the platform to the Shibarium network. This achievement marks an important milestone for Shibarium, being the first major integration with a centralized platform.Ripple blasts SEC, CEO highlights agency's failuresAs reported by CNBC, Ripple CEO Brad Garlinghouse poured significant criticism on SEC Chairman Gary Gensler, calling him a "political liability." Garlinghouse's bitter comment was aimed at characterizing Gensler's track record supervising the crypto sector, with lengthy delays in approving spot Bitcoin ETFs and high-profile lawsuits against companies in the crypto industry. The Ripple CEO stated that he does not understand whose interests the SEC chairman represents, as he is acting neither in the citizenry's interests nor in the interests of the long-term growth of the economy. Garlinghouse also underlined the SEC's losing streak, stating, "I think Gary Gensler is doing the same thing over and over again, and he thinks that somehow he’s going to win in court. He has continued to lose in court." Garlinghouse said, "One of the definitions of insanity is doing the same thing over and over again and expecting a different outcome," referring to what he perceives as Gensler’s ongoing anti-crypto campaign.