NEWS.
You may have heard of this week’s Cointelegraph Twitter disaster. They falsely claimed that U.S. regulators had approved BlackRock's proposed ETF pushing Bitcoin’s price to $30,000.
While Bitcion’s price retraced after the false alarm, it’s clear that markets will respond favorably if a spot ETF is approved.
Upcoming potential catalysts for Bitcoin:
1. BlackRock CEO, Larry Fink called Bitcoin’s recent price action a “flight to quality” signaling institutional acceptance
2.The Bitcoin Halving in April 2024
3. Many analysts expect the Fed will be forced to expand their balance sheet in 2024 which would be bullish for Bitcoin and other financial assets
4. Potential approval of a spot Bitcoin ETF
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TED TALK.
In this TED talk Harold Tan, partner at GoGreenSolar, describes the history of money up to modern times and why bitcoin is arguably the best money we’ve ever had.