Today’s Nuggets
Standard Chartered’s BTC Prediction
MicroStrategy HODLs 250,000+ Bitcoin
BNY Mellon Begins Custody
SEC Grants Accelerated Approval of Options on IBIT
BlackRock Expressing Coinbase Concerns
Bhutan Mines $780M BTC
China Rate Cut, More Cow Bell
Whales Stacking Pre-Uptober
Bitcoin Daily is back!
We will cover how Bitcoin is ready to accelerate.
The Fear and Greed Index is back up again.
We keep facing resistance at $64,000 which is kind of normal.
This is interesting news from Standard Chartered Bank.
They believe that no matter what happens in the U.S. elections, Bitcoin will hit $200,000 regardless.
This is a significant milestone. I will present a chart showing its importance later in this lesson.
This is the hopium hit of the day from Michael Saylor and bank custody is coming!
This is a very important development as the $2 trillion shop BNY Mellon Bank will start casting Bitcoin and other digital assets.
I have covered this pretty extensively and Eric Bautuna says the options have been approved.
This will bring a lot of institutional money into Bitcoin.
I do not touch an asset unless it is optionable and I am not even an institution.
Jeff Park was reacting to the SEC news of options for Bitcoin.
He believes there will potentially be a lot of increased volatility in Bitcoin, describing it as an extraordinary moment in financial history. This guy is not given much exaggeration or hyperbole.
We like high-vol assets!
Shout out to Tyler Durden, who brought this story to light and hopefully got Coinbase to change some of its behavior.
RFK understands
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