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Get Ready, $300 Billion Is About To Pour Into Bitcoin – Mark Yusko Bitcoin
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CREDITS:
Bitcoin Bounces To $30k, The Bond Sell-Off Continues | Weekly Roundup
https://youtu.be/itTQNXuRimY?si=BqPLBMmQd1tcCQ6s
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Blackrock’s new spot Bitcoin ETF is a watershed moment for the cryptocurrency industry that promises colossal adoption and soaring prices, according to the astute Macro Economist and Morgan creek Capital Founder and CIO, Mark Yusko.
Mark argues that as institutional and sophisticated investors often spread fear, uncertainty, and doubt to short assets, driving prices down before establishing a position and buying up.
An essential development to note is Blackrock’s recent move. Blackrock, which is an absolute behemoth with a staggering $10 Trillion under management, has stepped into the crypto arena by filing with the SEC for a Bitcoin Trust. What makes this even more intriguing is Blackrock’s impeccable track record – 575 to 1 – in getting approvals from the SEC. It’s like the Floyd Mayweather of Finance; it simply doesn’t lose.
Mark emphasizes that this approval is just the beginning, likening it to the middle game in chess. While in the early stages it’s difficult to discern what’s unfolding, the middle game reveals the strategic prowess. This is where crypto is now, and with the entrance of big players like Blackrock, it’s time for investors to pay attention.
He further highlights that seasoned players in the finance industry are not naive – they know what they’re doing. While there may be claims of Bitcoin being a Ponzi scheme, the reality is that there is a lot going on behind the scenes. This is a strategic game, and Mark believes that crypto is gearing up for its home run.
So, make sure not to miss a single moment, and stick around until the end of the video where Mark elaborates on why he firmly believes in the inevitable triumph of Bitcoin and cryptocurrencies.
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Gensler didn’t sound like he was going to approve the ETF today. He was VERY against in his remarks
https://youtube.com/shorts/o0LeDF4slbs?si=XnLQbczwphWEluS6
What happens if they take down the internet? Scorched earth policy!
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