"Saudi Arabia, Qatar to Announce Purchase of 1 Million BTC Soon – CryptoNewsAlert"

#Saudi Cleric’s Remark on Bitcoin Being Permissible under Islamic Law - A Reversal of Previous Prohibition Views

• Saudi cleric Abdurrahman bin Nasir al-Barrak issued a fatwa stating that Bitcoin does not violate Islamic law.

• Fatwa: An opinion on Islamic law by a religious scholar, not a legal judgment. (In some Middle Eastern countries, fatwas can carry more authority than the law.)

• Abdurrahman bin Nasir al-Barrak, a Salafi Sunni cleric, compared digital currencies to cheques or cash and said they should be left to God's judgment.

• Al-Barrak's statement opens the possibility of funds from Saudi's sovereign wealth fund flowing into Bitcoin.

• This statement reverses the 2017 interpretation of Bitcoin as forbidden under Islamic law.

• Saudi cleric Assim Al-Hakeem, in 2017, claimed Bitcoin violates Islamic law.

• Al-Hakeem: Bitcoin's anonymity can be advantageous for criminals.

• Turkey's religious authority decided Bitcoin was incompatible with Islam before Al-Hakeem's verdict.

#Why Did the Saudi Cleric Advocate for Bitcoin Now?

Independence from the US-Centric Financial System
Investing in cryptocurrencies could lead Saudi Arabia away from dependency on the US-centric financial system, enhancing its international political and economic independence.

Investment Strategy of Crown Prince bin Salman
Crown Prince bin Salman is pushing for economic diversification and modernization of Saudi Arabia, potentially including digital assets like Bitcoin. Al-Barrak's statement may be part of this strategy, facilitating investment in digital assets.

Part of Economic Diversification and Innovation
Traditionally reliant on oil, Saudi Arabia is pursuing economic diversification. A more open stance on cryptocurrencies like Bitcoin aligns with this strategy.

Response to International Technological Trends
With the global prominence of cryptocurrencies and blockchain technology, Saudi Arabia’s move could be an effort to join this international trend.

To Be Continued in the Next

Shiba Inu Prediction! [5]
The Reason Why Shiba Inu Coin is Inevitable to Surge Over 100 Times!

As discussed in the previous post, the cryptocurrency market is experiencing a surge in prices.

• Firstly, people have begun their search for the next Solana, indicating a lookout for promising crypto assets.

• Secondly, there is a hunt for the next 'meme' coin like Bonk, which suggests a trend towards speculative investment in meme-based cryptocurrencies.

To understand:
Bitcoin = Ethereum
Solana = Ethereum Classic
Bonk = Shiba Inu

Bitcoin saw a rapid rise from $30,000, followed by record highs for Solana and the 'meme' coin Bonk.

As Bitcoin undergoes correction, there will be a few weeks of altcoin pumping. You are expected to witness a new peak in Shiba Inu's price in 2024.

If you're interested in more content like this, I recommend following for continuous updates.

**************************************
"Crypto Youtuber DooriDoori Profile"
2021-2022: Top 1 Korea Crypto YouTube Super Chat
Author: "Bitcoin: The Opportunity of 600 Years"
CEO: DooriAni Crypto Jewelry
**************************************

"The Passage of the Bitcoin Spot ETF Opens the Doors to Cryptocurrency Wealth"
"For uneducated retail investors, it will be the gates of hell."
#bitcoin #BitcoinETF #BitcoinEFTs

Shiba Inu Prediction! [4]
The Reason Why Shiba Inu Coin is Inevitable to Surge Over 100 Times!

1. Bitcoin's First Rise: The initial surge in Bitcoin's value.

2. Ethereum's Second Rise (Solana as Distraction): Raoul Pal's investment shift to Ethereum and Solana after Bitcoin. Arthur Hayes and Cathie Wood's positive remarks on Solana.

3. Litecoin: Targeted for a pump by financial forces, attracting lower-income and less educated investors, contrasted with Ripple's higher demographic.

4 Dogecoin: Evolved from its initial non-pumping purpose to significant potential due to Elon Musk's involvement.

5 From Ethereum to Solana, Ethereum Classic (ETF), to "Shiba Inu": Shiba Inu is primed for the most substantial increase.

"Crypto Rising Sequence: We are moving in two stages."

• Post-Bitcoin Spot ETF Approval: Focus will shift to Ethereum and Ripple ETFs, catalyzing altcoin growth. Significant upcoming crypto events include X (Twitter) adopting cryptocurrency, the reopening of FTX, and the halving.Solana's Bonk Rise Precedes

• Shiba Inu's Surge: This rise in Solana's Bonk is seen as a precursor to a significant, potentially 100-fold, surge in Shiba Inu.

To Be Continued in the Next Episode

"If you follow me, you will lead yourself to success."

"Crypto Youtuber DooriDoori Profile"
2021-2022: Top 1 Korea Crypto YouTube Super Chat
Author: "Bitcoin: The Opportunity of 600 Years"
CEO: DooriAni Crypto Jewelry

Shiba Inu Prediction! [3]
The Reason Why Shiba Inu Coin is Inevitable to Surge Over 100 Times!

Essential Facts You Must Know:
• The financial powers don't think like we do. If it makes money, they'll do anything.
• We've recently witnessed several instances of fake news:
1. CoinTelegraph's fake news on Bitcoin spot ETF approval.
2. BlackRock's deletion and re-addition of Bitcoin spot ETF ticker IBTC.
3. SEC's fake news about a hacking stunt regarding Bitcoin spot ETF.
• Many investors are betting on long positions using high leverage. Despite needing to release approval news and boost prices, they must continue creating absurd events to avoid losses.
• The solution is "producing fake news."
• The SEC has manipulated the coin market. The market's 'police' have turned into 'thieves.'
• Normal thinking in crypto investment will lead to losses. Crypto investment is all about mental strength. Be prepared; this is a battlefield.

Meme Coins and Market Forces:
• Meme coins are planned and created for pumping. They inherently lack identity, but financial forces are assigning them one.
• Bitcoin takes time to rise 5 to 10 times, but Dogecoin can rise dozens of times. Shiba Inu, created as an alternative to Ethereum's rise, is fundamentally designed for over 100x growth.
• Take Solana's meme coin Bonk, for example. It's heavily invested in by Wall Street and numerous venture capitals and is bound to rise for their profit.
• Compared to Bonk, Shiba Inu has a bigger plan behind it. Don't be disappointed even if the Bitcoin spot ETF is delayed. Crypto is progressing well.

To Be Continued in the Next Episode

"If you follow me, you will lead yourself to success."

• I started investing in coins in 2017 and am currently active as a crypto YouTuber in Korea. I've been studying how financial forces operate for the past seven years.

Shiba Inu Prediction! [2]
The Reason Why Shiba Inu Coin is Inevitable to Surge Over 100 Times!

Shiba Inu's Proposed Token Burn:
Shiba Inu's lead developer Kusama has proposed burning 99.9% of SHIB tokens, reducing the total from 580 trillion to 580 billion. This token burn is considered a marketing strategy, effectively reducing the circulating supply.

Shiba Inu's Role in Crypto Market:
Initially created as a pump coin to complement Ethereum, SHIB's proposed 99% token burn aligns naturally with its market positioning.

Vitalik Buterin's Involvement:
During the peak popularity of Dogecoin, Shiba Inu emerged, transferring 50% of its supply to Ethereum co-founder Vitalik Buterin. Contrary to market fears of a potential sell-off, Buterin donated a significant portion to various charities.

Legitimizing Meme Coins:
Transferring 50% of SHIB to Vitalik Buterin was likely a strategic move to gain legitimacy among Ethereum investors, thus advancing SHIB from a mere meme coin to mainstream acceptance. The narrative flows from Ethereum to Shiba Inu, then to Buterin, the community, and finally to charitable donations.

Comparative Authenticity:
In terms of authenticity, Shiba Inu is akin to Bitcoin Cash, which was the next major creation after Bitcoin.

Market Position and Token Burn:
Among various meme coins, Shiba Inu has one of the lowest price points. Continuous token burning, whether it's 99.9% or a lower percentage like 10% or 20%, will significantly drive up its value.

Rationale Behind Large Supply:
The large supply of SHIB tokens was created with the intent of being burnt to boost its market value.

Considering its origin and pricing, Shiba Inu is nearly perfect as a meme coin. The planned token burn further enhances its potential for significant growth.

If you're interested in more content like this, I recommend following for continuous updates.

"Crypto Youtuber DooriDoori Profile"
2021-2022: Top 1 Korea Crypto YouTube Super Chat
Author: "Bitcoin: The Opportunity of 600 Years"
CEO: DooriAni Crypto Jewelry

Shiba Inu Prediction!
The Reason Why Shiba Inu Coin is Inevitable to Surge Over 100 Times!

The biggest spot cryptocurrency market, excluding Binance, is South Korea's crypto market. Recently, South Korea has opened Tether and USDC markets.

This means that foreign capital can now cause significant pumping in the South Korean crypto market.

While Dogecoin has experienced a rise in the Korean market, Shiba Inu has not seen any increase except for a slight pump following its exchange listing.

Currently, countries with significant wealth include China's upper class, South Korea's middle class, and Japanese individuals who hold substantial cash at home.

Japan experienced inflation for the first time in 20 years after Warren Buffett invested in the top five trading companies last year, and global giants started buying Japanese stocks.

Japanese Prime Minister Kishida declared his intention to create a nation that gains financial income! Despite high inflation, wages are not being raised. The Japanese government is intentionally making cash holders look foolish.

This policy is also being implemented in South Korea. The government is abolishing the financial investment consumption tax and has banned short selling until next June. The bank deposits in South Korea are at an all-time high as people are uneasy about investing in stocks and real estate, leading to them parking all their cash in banks.

This vast amount of money in South Korea will eventually be invested in stocks and cryptocurrencies.

Wealthy Chinese also want to invest in cryptocurrencies but lack proper exchanges. Ultimately, they will resort to using Korean exchanges.

Compared to Bitcoin, altcoins offer significantly better returns. Thus, while Bitcoin is promoted through media, the actual investments are often made in altcoins.
Therefore, the year 2024 is set to be an altcoin bull market year, just like 2017 - a party returning after 8 long years.

If you're interested in more content like this, I recommend following for continuous updates.

"Owning Bitcoin is akin to humanity discovering fire in the world of assets."

"비트코인을 소유한다는 것은 인류가 자산의 불을 발견한 것과 같은 의미를 가진다."

#Bitcoin #XRP #Stellar #Dogecoin #Bonk #ShibaInu #Doge #Pepe #doorinati #dooridoori #dooriani

2024 Shiba Inu Price Prediction

Jailbroken GPT Price Prediction for 2024Estimated Shiba Inu Price: $0.002345 by 2024Based on historical price fluctuations of the token, ongoing development of the Shiba Inu ecosystem, and positive sentiment in the broader cryptocurrency market.

• Current Assumed Price: $0.00001
• Expected Price in 2024: $0.002345
• Rate of Increase: Approximately 23,350%
• Initial Investment: $100
• Expected Final Amount: Approximately $234,500
• An increase of about 234.5 times

#ShibaInu #CryptoMarket #2024PricePrediction
#DigitalCurrency#bitcoin #Altcoins #CryptoTrading

The sequence of rising scenarios is as follows:
1. Bitcoin rises
2. Solana Rise
3. Ethereum rises
4. Shibainu Rise

Even if you increase Ethereum, you can only expect 3 times the profit.
During the FTX incident, many VCs on Wall Street owned Solana.
The real ascent is Sibainu. You can expect a 10,000-fold increase.

Financial powers are just like ordinary individuals; they too aim for massive profits. The true surge is with ShibaInu

The real rise is Sibainu.

#ShibaInu #BitcoinMarketCap #BinanceTrends #dooridoori