#CryptoNewsFlash #BuyCrypto #BitcinSupplyShortage #BitcoinMooning #EthMooning
Quick news update unveiling tons of bullish crypto news and highlighting the very low Bitcoin supply.
TIMESTAMPS:
0:00 Introduction
0:45 Buy Crypto exploded as a search term.
0:50 Ethereum Mooning 400 Pts in 3 days
1:20 Bitcoin also Mooning 32K to 37.5K since Sunday
2:01 DeFi Bright Future Pantera Capital investment fund focused on digital currency tweeted that despite ETH’s new all-time high they believe both it and DeFi assets built on top are undervalued relative to their long-term potential.
2:25 Where did all the coins go?
2:36 Supply is drying up according to Glassnode – Grayscale holdings acquiring 40k so far in 2021, only 26k have been mined. Institutional appetite is significant this year, as per Glassnode. Number of whales = 2,218 on Sunday, another ATH. DeFi investing opportunities led to reserves of BTC and ETH held on exchanges falling to multi-year lows, removing sell-side liquidity off the markets
3:20 Bitcoin Supply Crunch
4:09 Bitcoin Supply Crunch II
4:47 More BTC Bullishness – Jeff Ross
5:10 Cryptocurrency has come into the realm of respectability, Scott Minerd, chief investment officer of the $310B money manager Guggenheim Partners, told CNN. Guggenheim Minerd Back Again…OMG. Minerd Dec 2020 BTC should be worth $400k. Minerd Jan 2021 price could go to $20k. Minerd Feb 2021 price could go to $600k
6:21 CME Futures and Ethereum – More mainstream with more stability A short-selling narrative. BTC hangover from CME launch 3 years ago. Physical Ethereum HODLers can hedge exposures
7:22 PAYPAL PYPL EARNINGS- Earnings update after COB Close of Business today: Options factor in a 6% swing up and down – 271.40 BEP over next two weeks. Lots of premium. Paypal at or close to ATH all-time high so not a buy in my opinion.
8:20 Mining Companies – Marathon Patent Group MARA MARA shares experienced unusual options activity on Wednesday. Stock price lowered to $22.74 following the option alert.
9:15 MSTR Bitcoin for Corporations Update -1,400 public companies in attendance – We just need 40 to buy in for Bitcoin to Double. MSTR went from $299 to $750 in 6 weeks so it is very high now.
We cannot turn FIAT assets fast enough into Bitcoin Ross Stevens MicroStrategy conference Feb 3 2021
10:00 From FUD News Era – To Bullish News Era