quotingToday's Bitcoin news! (10 min. video)
nevent1q…sjur
"Bitcoin ETF Race is ON, $1.2 Million per Bitcoin?, Bitcoin vs Gold, OpenSats onboards Tobin Harding #Nostr"
Flare ---> https://www.flare.pub/w/naddr1qqrn2e2xxppx5ucpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpy924sgwqva568nq04pxls824wuu42r8ypppmtv2uvqc9hf7lkcpqvzqqqy9hvkj0tnr
YouTube ---> https://www.youtube.com/watch?v=8OvAm_xPM1I
SHOWNOTES:
Today we discuss the the race for the first Bitcoin spot ETF in the US, significant leadership changes at Grayscale Investments, Cathie Wood's bold Bitcoin prediction, the ongoing debate between Bitcoin and Gold, and the latest developments from OpenSats. Join us as we explore these pivotal moments in the cryptocurrency world and what they mean for investors and enthusiasts alike. Here are all the topics and link:
Bitcoin Archive account on Nostr — https://nostr.com/npub15h5n4muwsgxtc74hkcs9lp2ts7hdfdyvta4np7a7hfwfneqdeuls5qtl4k
The Bitcoin spot ETF race:
“SEC tells spot Bitcoin ETF applicants to update submissions by December 29 if they want to be approved in the first wave” - Reuters.
FIDELITY BITCOIN ETF — A spot Bitcoin ETF will give 124m Americans immediate and direct access to Bitcoin through their brokerage accounts. Fidelity has 43 million brokerage accounts for customers. Fidelity also has a Bitcoin ETF application.
CNN says "The spot Bitcoin ETF could quickly reach your 401(k) retirement plan...It’s a big step toward mainstream adoption of bitcoin." 🚀
Barry Silbert has resigned as the chairman of Grayscale Investments. He will be replaced by Mark Shifke, the current Chief Financial Officer of Digital Currency Group (DCG), effective January 1. This change was reported in a recent SEC filing by Grayscale. The company is currently awaiting a decision from the Securities and Exchange Commission regarding the transformation of its Bitcoin Trust into a U.S. spot exchange-traded fund (ETF). Additionally, Mark Murphy, DCG's president, also resigned from the board. This move comes amid ongoing legal challenges faced by DCG, including a lawsuit from the New York Attorney General for alleged investor fraud. For more details, you can read the full article on CoinDesk's website — https://www.coindesk.com/business/2023/12/26/barry-silbert-resigns-as-grayscale-chairman-to-be-replaced-by-mark-shifke/
Cathie Wood Bitcoin Prediction: "People Have NO IDEA What's Coming…" — $700 Billion Bitcoin market cap right now. Prediction: $20 trillion by 2030, which is about 30x from today. That would make 1 BTC = around $1.2 Million dollars. VIDEO — https://youtu.be/f7IB6V4UiA4
An amazing visual comparison between the evolution of the price of Gold and Bitcoin since 2014. #Bitcoin or Gold? --- https://twitter.com/TheBTCTherapist/status/1739668557389070654
Frustrating facts — Lopsided inflation where regular people always lose (Opt out with #Bitcoin) --- https://twitter.com/_sriramk_/status/1739692573998875114
The Nostr Report: By plebs, for plebs. A synopsis of the best content of the day. Don’t miss a beat. — https://Nostr.Report
OpenSats onboards Tobin Harding --- https://primal.net/e/note1c2fnn5mvmtwngxz23auq8hmemwhlsms9ae6k4stel9utn4qjxgjqtd9h4h — OpenSats is a non-profit organization dedicated to supporting open-source Bitcoin development and other related projects. Its primary mission is to provide financial assistance and resources to developers and teams working on open-source projects that contribute to the Bitcoin ecosystem. The organization operates on a transparent funding model, allowing donors to see exactly where their contributions are going. OpenSats focuses on funding initiatives that enhance the security, scalability, and usability of Bitcoin, with an emphasis on projects that remain open and accessible to the public. By supporting these endeavors, OpenSats aims to strengthen the Bitcoin network and ensure its continuous improvement, while fostering a community of developers committed to the principles of open-source software.
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