Bitcoin ETF Moon Shot
Get ready for new all time highs!
Hey Everyone,
What a time to be alive! The SEC has approved a Bitcoin ETF (ProShares) and looks like more ETF approvals are on the way. This will open up the floodgates of capital that will flow into the crypto market which will be in the billions. New all time highs are coming and all the models shows we’re still on track.
PlanB’s updated Bitcoin stock to flow model is playing out perfectly.
The Bitcoin halving price action is playing out as it has historically.
Bitcoin will pump and then we will see Altcoins pump as well. As always, have a plan - know what price points you’re cashing out at, staking, lending etc. This bull run could potentially spill into Q1 of 2022 but we will have to wait and see. I’m personally looking for the following prices for the large holdings in my portfolio.
Bitcoin $100,000
Ethereum $10,000
XRP $10-$15
Chainlink $100
VeChain $1
When it comes to staking, here are the cryptocurrencies I’m staking and earning passive income on.
Cardano ADA
VeChain - earning VTHOR
MiamiCoin - earning Stacks on Okcoin
Algorand (ALGO)
Tezos (XTZ)
Ethereum2
Most Bullish News From This Past Week
SEC approves the ProShares Bitcoin Futures ETF which is expected to go live next week
Nasdaq approves the Valkerie Bitcoin ETF
Morgan Stanley CEO says Crypto is not a fad and is here to stay
Russian President Vladimir Puton says he accepts crypto as a legitimate currency for making payments.
Tether Settles with the CFTC for $42.5 Million.
Ripple joins the digital pound foundation: designing a path for a CBDC-forward future
Interviews Recap
Hester Peirce - SEC Commissioner Pierce talks US Crypto regulations, Bitcoin ETF, growing frustration with the SEC and much more.
John Deaton - Attorney John Deaton talks about the SEC Ripple lawsuit and XRP Holders being granted Amici status.
Romain Pellerin - Romain is the CTO at IOHK which works on Cardano and Ethereum Classic. We touch on Cardano’s growth and partnerships with DISH, Boost Mobile, and Chainlink.
Mike Belshe - Internet legend Mike Belshe and I talk about BitGo’s crypto wallet and custody services, institutional crypto adoption, Bitcoin ETF, and much more.
Interviews in the works
Hong Fang (Okcoin)
Whit Gibbs (Compass Mining)
Jason Les (Riot Blockchain)
Senator Cynthia Lummis
Chris Giancarlo
Monica Long (Ripple)
Brian Brooks
Nikos Andrikogiannopoulos (Metrika)
Okcoin
OKCoin is the fastest growing crypto exchange and they have the lowest fees out of all exchanges! Why pay high fees when buying, selling, and trading your crypto, use Okcoin and pay less. You can also stake crypto such as Tezos, Cardano and more and keep 100% of your rewards, you don’t have to pay any fees! Sign up
Crypto Taxes
Are you tracking your taxes for your Crypto trading? Be sure to do so, I personally use TaxBit to help me prepare my crypto taxes which I then share with my accountant. Visit TaxBit’s website to learn more.
-Tony
Disclaimer - Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This newsletter is for educational purposes and NOT investment or financial advice.
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