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Bitcoin Golden Cross, $500k Bitcoin, AMC Crypto, Fidelity Private Meeting With Sec (Bitcoin ETF) - YouTube
Channel: Tiffany Tarboro
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welcome back to my channel everyone i聽
hope you're having a wonderful week so far聽聽
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my name is tiffany and today we're going聽
to be talking about the latest crypto news聽聽
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if you're interested in getting an update聽
definitely stick around also a great way to聽聽
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support my channel is by hitting the like聽
button and leaving a comment down below聽聽
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because this definitely helps with the algorithm聽
also make sure to subscribe to my channel聽聽
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and don't forget to click on the notification聽
bell this way whenever i upload a new video聽聽
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you will be updated with the latest information聽
on money strategies now let's get to the news聽聽
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on to our top story analyst urge caution as聽
the golden cross appears in the bitcoin chart聽聽
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this week the golden cross comes after bitcoin聽
in june printed a death cross which turned out聽聽
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to indicate mainly that the market had already聽
fallen and although the golden cross generally聽聽
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seen as a bullish signal most analysts agree聽
that it should mainly be seen as a confirmation聽聽
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that the asset has been in an uptrend as you can聽
see here the overall historical performance of the聽聽
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golden crosses the last golden cross appeared in聽
bitcoin's chart on may 21st 2020 when the price of聽聽
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bitcoin was trading at 9520 back then the golden聽
cross marked the beginning of bitcoin's major聽聽
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bull market which bought this asset up聽
to an all-time high more than 64 000聽聽
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over the next year overall should we聽
be bullish or bearish for this golden聽聽
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cross leave your comment down below ethereum聽
skyrockets 18 in three days as bitcoin taps聽聽
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48 000. aside from the brief drop yesterday聽
bitcoin has continued to gradually increase聽聽
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by exceeding 48 000. most altcoins are also in the聽
green including ethereum which is leading the pack聽聽
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surging 6 reclaiming 3600 after a relatively聽
stable weekend bitcoin stood around 46 000聽聽
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volatility of course reached the market聽
on monday with fake reports claiming聽聽
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that walmart would accept litecoin payments for聽
its online services bitcoin's price went up by聽聽
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1500 minutes before crumbling down to聽
3 000 in less than an hour however the聽聽
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second largest cryptocurrency also dumped hard聽
on monday going from 3 400 to as low as 3 100聽聽
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earlier today however the asset reached almost聽
3 700 for a new weekly high now despite all of聽聽
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this ethereum seems to be eyeballing six thousand聽
five hundred dollars with the bull charts target聽聽
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which if you ask me sounds exciting who wouldn't聽
want to see a sixty five hundred dollar ethereum聽聽
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already around twenty eight point eight billion聽
worth of ethereum has been put out of circulation聽聽
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so tell me down below do you think we're going聽
to see a 6 500 ethereum or higher by the end of聽聽
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the year if so 2021 is definitely going out with聽
the bang i guess we'll just have to wait and see聽聽
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bitcoin worth 2 billion moves for just 78 cents聽
according to blockchain.com who revealed that a聽聽
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bitcoin transaction worth 2 billion was processed聽
on monday night despite the enormous financial聽聽
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value of the unknown holder who only paid 78 cents聽
wow could you imagine moving that much money only聽聽
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paying 78 cents that's really cheap compared to聽
other services so watch out western union clearly聽聽
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this definitely shows an enormous potential for聽
the financial transaction which is utilizing聽聽
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cryptocurrency and blockchain when we look at聽
it even further an international fiat transfer聽聽
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often takes one to four business days to process聽
including the hefty fees which can range anywhere聽聽
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from one to three percent for a transaction聽
worth two billion this would come at a cost of聽聽
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20 million and 60 million dollars ouch that's聽
a lot of money to transfer money according to聽聽
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bit info charts the average price of a transaction聽
fee on the bitcoin base layer blockchain generally聽聽
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sits around 2.67 now here i have a fee chart from聽
the actual western union website so if you live in聽聽
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either canada u.s or mexico to the right these are聽
some of the fees that you're going to pay which聽聽
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are 10 times higher than the bitcoin fee when we聽
compare these amounts to a 2 billion transfer ouch聽聽
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you're spending 10 times as much money just to聽
transfer money through western union so please聽聽
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keep this in mind utilizing and transferring money聽
with bitcoin is actually cheaper than using a聽聽
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money gram or a western union so so far the future聽
looks really bright and western union looks like聽聽
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you've got some competition now to all my movie聽
lovers onto a big story of today apart from聽聽
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bitcoin amc theaters is going to start accepting聽
ethereum litecoin and bitcoin cash's payments聽聽
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in an announcement on september 15th amc chief聽
executive adam ahrens said that the firm would聽聽
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be expanding a number of cryptocurrencies it would聽
accept as payment methods the entertainment giant聽聽
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originally announced that it would accept bitcoin聽
payments on august 9. now adam is stating that聽聽
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by the time the bitcoin payments are rolled聽
out before the end of the year amc would also聽聽
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accept ethereum litecoin and bitcoin cash so聽
tell me down below are you gonna be one of the聽聽
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ones that uses your cryptocurrencies to purchase聽
online movie tickets or are you gonna just huddle聽聽
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and keep stacking stats so who do you think will聽
be next i guess we'll just have to wait and see聽聽
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if you're an ethereum holder this story should聽
make you proud vitalik buterin makes the list of聽聽
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time magazines 100 most influential people in 2021聽
also appearing on that list tesla ceo and dogecoin聽聽
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proponent elon musk and others overall buderim聽
was cited for his role for building the ethereum聽聽
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network to a market capitalization more than 400聽
billion dollars in encouraging the development of聽聽
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a decentralized app and non-fungible tokens or聽
nfts so again vitalik congratulations coinbase聽聽
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takes the first steps to trading cryptocurrency聽
futures coinbase announced yesterday that it has聽聽
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filed with the national futures association to聽
become a registered futures commission merchant聽聽
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this indicates that the exchange is seeking to聽
move beyond spot trading to more of a lucrative聽聽
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business of derivative trading in which people聽
can bet on the future prices typical derivatives聽聽
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include futures and option contracts futures聽
allow people to buy and sell contracts that聽聽
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establish the price of bitcoin or another聽
cryptocurrency think that the price is going down聽聽
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well you can try to sell it for a higher聽
price and pocket the difference option聽聽
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contracts work similarly but allow traders the聽
option to buy and sell at a predetermined price聽聽
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so tell me down below what do you think of this聽
having another option to make money on crypto聽聽
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sign me up although i'm not much of an options聽
trader or future straighter i'm much more of聽聽
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a hodler honestly it's just more easier to聽
handle for me but at least you know that we聽聽
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have other options with over a dozen applications聽
submitted to the sec waiting for a regulatory聽聽
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approval on a possible bitcoin etf fidelity is聽
pushing its muscles towards the u.s sec for a聽聽
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bitcoin etf institutional players are using their聽
muscles to convince the regulators in getting the聽聽
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first bitcoin exchange traded fund etf in the聽
u.s market last week the president of fidelity聽聽
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conducted a video meeting with the sec executives聽
on september 8th fidelity presented several聽聽
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arguments as to why the regulator should approve聽
the bitcoin derivative product the institutional聽聽
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giant cited three major key reasons the growth of聽
the number of bitcoin holders increased investor聽聽
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appetite for digital assets and lastly the聽
approval of a bitcoin etf in the other countries聽聽
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and sadly the u.s seems to move like dinosaurs聽
if it comes down to approving an etf meanwhile聽聽
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other countries have already approved multiple but聽
just think if the us did finally approve an etf聽聽
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what that would do to the price of bitcoin wow so聽
tell me down below do you think that fidelity's聽聽
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financial power can help us get a bitcoin etf聽
approved well i guess we just have to wait and聽聽
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see on to bitcoin price prediction could we be聽
seeing a 500 000 bitcoin in five years while聽聽
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elon musk and kathy wood seem to believe so聽
despite bitcoin's recent struggle kathy woods聽聽
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the chief executive of ark investment who made聽
the name for herself with the big bet on bitcoin聽聽
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and elon musk electric car company tesla has聽
predicted the bitcoin price will hit 500 000聽聽
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in just a few years and revealed that her聽
confidence in ethereum has really gone up聽聽
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dramatically so this definitely makes me bullish聽
so what do you think 500 000 or could we even see聽聽
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double that whatever the case may be it's still聽
positive news so i hope that you enjoyed these聽聽
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stories today also please don't forget to like and聽
subscribe to my channel because when you do this聽聽
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definitely helps my channel to grow also thank you聽
to my new subscribers for supporting my journey聽聽
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because with your support it also helps聽
anyway i will talk to you again soon bye
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