Hey Crypto Nation, If you'd like a solid indication that we’re
in a bull market is every week on this channel we report on Bitcoin making new all time highs.
This week is no exception as the crypto news continues to be positive. Breaking News!! Bitcoin has passed the 1 Trillion dollar mark. A major flipping
happened within the last 24 hrs, a popular investing website has made a 180 reversal on its opinion of BTC, MicroStrategy is at it again and everyone’s new favorite to hate, RobinHood is
changing its platform to be more crypto friendly. Turn up the volume and find your favorite chair, we’ve got some good news to share with you this
week and it’s all here on Exodus Crypto news. If you’ve been following the traditional
markets you’ll know that Bitcoin is mooning and gold is languishing.
inflation fears are rising and gold has been, in the past, traditionally the
world’s best store of value, the shiny yellow rock is having a hard time making
new all time highs. Orange coin for the win If you just look at the numbers, Bitcoin is up 80% since January 1st of this
year, while gold is down 7%. A lot of people have speculated about why
this is happening. It would seem like the same types of macro events, like inflation
and the collapse of the financial system, would benefit both gold and Bitcoin.
orange coin goes up and yellow rock goes down. One reason could be is that Bitcoin simply has
a lot more room to grow than gold. Most people who will ever own gold, already own it. While
only a few percent of the world’s population owns crypto. As these new buyers step into the
cryptoverse they’re driving up Bitcoin’s price. BTC is a growth asset and as more people realize
that, the trend higher in price just keeps accelerating. Welcome to the new digital age.
If you would like to be a part and get paid 100% in BTC, then click this link right here to hop on
over to the Exodus careers page to become part of the movement. You can wait until the end of the
vid though and click the link in the description. If you thought MicroStrategy already has so
much Bitcoin that they couldn’t possibly buy any more of the stuff. Well, that simply
isn’t the case. Gigachad Michael Saylor is back in the buying market and this time
he’s offering up a $900 million convertible note which will be used to buy Bitcoin.
What this means is Saylor is selling an IOU ( the note) in exchange for a promise to pay
back the principal plus interest worth of equity in MicroStrategy.
This means Investors can get
exposure to BTC without taking on the RISK of holding the asset themselves by investing in the
company that holds it on their balance sheet. Here’s what we think is so interesting
about this latest offering. When Saylor first made the announcement the
plan was for a $600 million offering. Seeing it get bumped up to $900 million means the
investment market is hungry for Bitcoin. Second, check out the interest
rate on this note! It’s 0%! The only way Saylor could
possibly offer a 0% note is if there is so much demand that investors are
fighting with each other to get in on this. The whole episode is just more evidence of the
extreme demand for Bitcoin in the marketplace. One of the emerging themes of 2021 is a
wave of investors and institutions who are changing their mind about Bitcoin and crypto. Howard Marks
Mark Cuban Ray Dalio
JP Morgan Bill Gates The list goes on and the newest entrant is
Motley Fool, one of the largest websites in the world that provides investing advice. Back in 2013
Motley Fool ran an article with the title, quote, “Why Bitcoin Is a Horrible Investment Idea” Well it seems that they’ve changed their
A few days ago Motley Fool announced that they’re buying $5 million worth of
Bitcoin and that they believe Bitcoin is a valuable asset to protect against inflation. So there you go, another one hater get’s
orange pilled. The longer Bitcoin is around, the more recognition it gets. NFTs are poised to be all the rage
in 2021. These digital tokens have been popular with crypto enthusiasts ever
since Crypto Kitties came on the scene in late 2017, but we’ve reached that point where a
niche cultural fad is going mainstream. The bespoke auction house Christie’s is
going to sell an NFT for the first time in history. It’s a digital collage
done by an artist named Beeple, who made millions of dollars
selling some of his NFTs in 2020. We think this is a really
big deal for two reasons. One, it legitimizes NFTs as a real type of
A lot of people have questioned how art that’s 100% digital can have value. Admittedly
it’s a tough concept to wrap your mind around, but if Christie’s is getting involved
it shows that NFTs are the real thing. Secondly, this auction shows how
crypto culture is going mainstream. Crypto is breaking out of the box and finally
gaining the recognition that it deserves. For years one of the biggest
criticisms of Robinhood’s crypto platform is that they didn’t allow withdrawals. One of the key advantages of crypto is
that users can control their own money. They can send their crypto to whoever they want
and nobody can stop or reverse a transaction. None of that applies if you’re just holding your
crypto with Robinhood though. Not your keys, not your crypto, and the fact that Robinhood is
going to finally allow withdrawals is a pretty big deal because it increases the surface of potential
investors who can now truly own their crypto. This move also puts pressure on other platforms to
do the same thing. How long before PayPal starts letting their users withdraw crypto as well?
BNB has a new #3 badge on its sash as it has flipped tether to stand on the winners podium.
And hers where I get to say don’t be a Motley fool like me.
As an illustration of the
power of HODLE from my own wallet you can see just how much I would have it I had just
held on to my measly 13 BNB since 2019. The future is here and nothing proves that better
than the price of gold. The digital product goes up, the analog product withers in its vault. One
is forward looking, one is lost in the past. As always thanks for joining us on this wild
ride and we’ll see you, next week. HODL on..