ROYAL FAMILY OF DUBAI COMPANY PARTNERS WITH COINCORNER TO ACCELERATE BITCOIN TRANSACTIONS IN UAE!! - Transcripts

September 21, 2022

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CoinCorner, a global leader in Bitcoin and Lightning Network services, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate Bitcoin transactions in The United Arab Emirates (UAE).

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in today's show bit coin new warning as fed rate hike decision looms and US dollar currency index it's a twenty year high that's right today's the big day for FOMC experts a hundred BPS likely nuke support for good while fifty B. PS likely pumps and gives the bulls some breathing room meanwhile the nasdaq fidelity and blackrock are all increasing their bit coin offerings amid the bear market probably nothing right and this just in breaking news Colorado becomes the first U. S. state to accept bitcoin as payment for taxes including Sean Lennon you may not like bitcoin but the central banks of the world have noticed and are concocting their antidote CDC is inversely the antidote to CBC's as bitcoin eventually there only be one choice between financial slavery the central authority a self sovereignty through BTC also in today show can't stop won't stop Michael sailors MicroStrategy now holds a hundred thirty thousand BTC quoting say they're here MicroStrategy has purchased an additional three internal one bit coins for six million dollars at an average price of nineteen thousand eight hundred perfect going in as of September nineteenth MicroStrategy holds a hundred and thirty thousand bit coins the choir from US four billion dollars at an average price of thirty thousand six hundred per bit coin and I must remind you MicroStrategy has never sold any bit coin also in today show has a realistic but quite bottom forecast accords crypto trader Jason Pacino we always pay very very close attention to the market sentiment is doing the market sentiment is fearful so the drop down in price may not be that much maybe because the thirteen fourteen fifteen sixteen thousand dollars but in terms of the motion it'll be extreme people were really really feel bad about the move down and this S. and breaking news the royal family had to buy company partners with coin corner to facilitate bitcoin transactions in the UAE that's right putting their CEO here a large number of companies are ready to embrace bitcoin as legal tender for transactions also in today's show analysts as the Lana has the potential to move up over two thousand percent for the next four

run it sure is this price targets for bitcoin and Ethereum with bit coin target being a hundred and fifty eight thousand at their M. target fifteen thousand what has a lot of target skyrocketing to seven hundred thirty nine dollars an increase of twenty one hundred percent once we take a look at the overall crypto market all this plus so much more in today's show

Hey what's good for the fans this is first and foremost a video show if you want the full premium experience visit our you tube channel at crypto news alerts dot net again that's crypto news alerts dot net all right welcome back to another episode of good news alerts I'm your host AV this is podcast episode number one thousand and fifty two of the company's large pot bitcoin underwent a week read down on September twenty first as the U. S. dollar jump to new yearly highs as investors await today's FOMC interest rate decision a bit coins price has managed to cling on to nineteen thousand with a modest daily gain of one point three percent meanwhile the U. S. dollar currency index which measures the greenback's strength versus a pool of top foreign currencies rose two hundred ten point eight the highest level in twenty years Facebook is taking action to keep its platform safe their safety and security teams are over forty thousand strong more than the size of the FBI in the last six years Facebook spent over sixteen billion dollars enough to build seven pro stadiums all to help create safer connections more than forty million people are using Facebook's privacy check up each month that's nearly sixty times the population of Washington DC and they're doing all of this to keep their platform safe learn more about the work ahead at Facebook dot com forward slash action how the federal reserve is poised to discuss how to raise its benchmark lending rates to curb record inflation and interestingly the market expects the U. S. central bank rate hikes by seventy five or a hundred basis points the ramification of higher interest rates will likely result in lower appetite for riskier assets and conversely the U. S. dollar will serve as the go to safe haven for investors escaping risk on assets there seems no reason for the fed to soften the hawkishness shown at the recent Jackson Hole symposium and the point seven five percentage point hawkish hike should keep the dollar near its highs of the year says analyst I find she told the Financial Times meanwhile trader posts the XPT shared the following as US FOMC experts would know today's a big day a hundred

EPS likely new support for good fifty B. P. S. likely pumps and gives the bulls some breathing room it's going to be a very interesting daily close but none the less a one hundred B. pass rate hike would be extremely bearish for the S. and P. five hundred this could be equally problematic for bit coin this correlation with stocks has been consistently positive since December of twenty twenty one the U. S. economy suffered two back to back quarters of negative growth moreover its manufacturing PMI pointed to the slowest growth in factory activity since July of twenty twenty meanwhile the two year U. S. treasury returns have crossed above the ten year U. S.

treasury returned plotting a yield curve and these metrics raise the alarm about an impending recession but offsetting those are unemployment data as its record low and housing start arrays still about their danger zone of one point three five million dollars according to data presented by Charles Edwards founder of Capreol investments now normally recession warnings prompt the fed to pit in other words the scale back or pause there hiking rates but Edwards notes that the central bank will not pivot since the U. S. economy is technically not in a recession quoting him here until major concerns a recession show up until it hurts where it counts employment there is no reason to expect an urgent change and fed policy here so it is business as usual and we have evidence that inflation is under control from a technical perspective bitcoin can still drop to fourteen thousand dollars in twenty twenty two if a drop below its current support levels of around eighteen thousand eight hundred triggers a head and shoulders breakdown which can see appearing here in this chart and conversely every down from eighteen thousand eight hundred support good habit coins price eyeing twenty two thousand five hundred next as an interim upside target or a sixteen and a half percent rise from today's price not check this out nasdaq fidelity and blackrock some of the largest asset managers in the world to control trillions upon trillions of dollars under management all increasing their bit coin offerings amid the bear market probably nothing right and more breaking news Colorado becomes the first

US state to accept bitcoin as payment for taxes bitcoin game theory and full of fact less raking go including Sean Lennon you may not like bit coin but the central banks of the world have noticed and are concocting their antidote CBC's inversely the antidote to CBC's is back online eventually there only be one choice between financial slavery the central authority or self sovereignty through BTC preach this episode is brought to you by Sam song unfold the all new galaxy Z. fold four and expand your world with flex mod it stands on its own so your hands free to get more done during calls and with multi window view you can use up to three apps at the same time plus the edge to edge screen allows you to fully immerse yourself in your favorite games and shows

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I'm a farmer can I say today Michael Saylor can't stop MicroStrategy now holds a hundred thirty thousand BTC but first let's take a quick look at the overall crypto market agency all the major crip does a Connie pump in back in the green with it coming up almost two percent of the day maintaining just about nineteen thousand two hundred dollars back either about three quarters of a percent for the day trading at thirteen hundred and fifty dollars XRP up six percent trading about forty cents binance coin Selanne polkadot and Cardano all pump in in in the green right now this breakdown essay today MicroStrategy now owns point six two percent of all the bitcoin that will ever be mine the company's executive chairman Michael Saylor announced that the company bought yet another three hundred one bit coin for roughly six million dollars at an average price of nineteen thousand eight hundred fifty one dollars per BTC and some the company is one of the planet's largest toddlers at the asset in fact they were the first publicly traded company to put bitcoin on their balance sheet now they own a hundred thirty thousand BTC so apparently sailor likes round numbers buying three engine one bit coin to reach a hundred thirty thousand milestone which he shares with the Twitter MicroStrategy has purchased an additional three into one big points for six million at an average price of nineteen thousand eight hundred fifty one dollars per bit coin and as of September nineteenth twenty twenty two MicroStrategy holds a hundred thirty thousand bit coins acquired for three point nine eight billion dollars at an average price of thirty thousand six hundred and thirty nine dollars per bit coin I do to the plunging price action the company's investment is down substantially in US dollar terms however one bitcoin is still equivalent to one bit coins and naturally a hundred thirty thousand bit coin is still equal to a hundred thirty thousand BTC just saying MicroStrategy's entry prices roughly thirty thousand six thirty nine per BTC and the SEC filing states that the firm has about a hundred thirty thousand BTC at an aggregate purchase price of approximately three point nine eight billion dollars now MicroStrategy stars back and stats at today's prices

what has spent two point four eight billion on a hundred thirty thousand BTC sailor is currently at a paper loss of over a billion dollars but guess what you don't lose what you don't sell the real intent is not in and going to the SEC filing the company made the purchase with excess cash and say the recently stepped down as the CEO of the company the focus on buying more bitcoin while Washington DC has taken aim at the billionaire in a tax evasion lawsuit the big coin enthusiasts were quick to commend sailors bye referred to as the get get Chad say there's conviction and commitment to buying bitcoin despite the investment being on the water has garnered both a devout following in numerous critics and also like to point out that MicroStrategy has never sold any decline take that your lan musk and other large wallet addresses include crypto exchange bitfinex which holds a hundred seventy thousand BTC and a binance reserve wallet that holds a hundred twenty five thousand BTC binance as we know is the world's largest crypto exchange also has several wallets holding six figures the king crypto

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you are miles from home and ready to start your vacation good thing you're staying in looking to buy windows free high speed wifi to stream all your favorite movies and in the morning get fresh waffles with their free bright side breakfast or squeeze in a workout at their fitness center either way you're ready to conquer the day to night look into tomorrow you try and book your stay at L. Q. dot com I'm a fire break out next Friday is a realistic but claimed bottom forecast between crypto trader Jason Zeno but first let's take a quick look at the overall crypto market cap sitting just above nine hundred billion dollars what about sixty five billion in volume in the past twenty four hours bitcoin dominance back on the rise at forty point two percent with either dominance at eighteen point one percent and checking out the top one hundred could because again there's in the past twenty four hours we have terra classic U. S. D. leading the pack of eight and a half percent trading at three point four cents followed by ku sama up six percent trading at forty two Bucks followed by XRP a four and a half percent trading just above forty cents and checking out the top one hundred of the currency gainers for the past week you can see a sea of red with mass losses for the also just a handful in the green including Chile is up twenty point four percent XRP up nineteen percent and eight up sixteen point nine percent and checking out one of my favorite indicators it's got the greed and fear index shows are currently rated to twenty three out of one hundred and extreme fear yesterday at twenty three as well last week at twenty seven and last month at twenty nine in fear and if you're not familiar with good to get into index extreme fear can be a sign investors too worried that could be a great buying opportunity K. B. T. F. T. but African debt when investors are getting too greedy that means the market is due for a correction right now let's break down the next day the day a popular analysts and traders predicting a financial situation phase the king crypto before bitcoin could realistically bottom out and a new video the crypto strategist tells us two hundred seventy five thousand U. two subs the big one has failed to follow through on a classic

autumn pattern now looks poised a print a new bear market low putting him here when you get a signal like this double bottom any particular signal like that fail you can see the break down here once this goes beneath that bottom level of eighteen thousand six hundred that is a failure of a double bottom that usually means you're going to see lower prices significantly lower prices than this current low of eighteen thousand six hundred which can see in this chart although the crypto analyst is predicting a fresh like down to the king crypto he believes that the correction will not be as drastic as one big one witness from January to June of this year he also has a range of bitcoin could realistically bottom out as he shares here we always pay very very very close attention to what the market sentiment is doing and market sentiment is fearful so the drop down in price may not be that much maybe because the thirteen fourteen fifteen sixteen thousand dollars but in terms of the emotion it'll be extreme people will feel really really bad about the move down but when you look at it in terms of dollar value we have seen way bigger dollar moves on the way down I'm not expecting like this November twenty twenty one the January twenty twenty two well like this to play out March twenty twenty two to June twenty twenty two they have it and watch this video he did entitled caution crypto crash final low checked as soon as the the video and a description what are your thoughts surrounding his terrace take a bit quite potentially hitting a low of thirteen thousand dollars let me know in the comments right down below before a breakdown next breaking story the day royal family add to buy company partners what Quinn corner to facilitate bitcoin transactions in the UAE as well as crypto analyst as the lan I. has the potential for explosive gains next boron and shares his targets for bit coin Ethereum as the Lana but first I want to remind you to smash that show more button right below this video in the description for detailed analysis what's going on in the crypto market this goes for all thirteen hundred plus videos right here I'm a you tube channel and I can already plugged into the podcast be sure to check us out on Spotify as well as apple's iTunes

and Google play you can also find me all across social media from crypto Twitter Facebook telegram Instagram and tech talks web yep you should apply again follow me there coin corner a global leader in bitcoin lightning network services has partnered with the seat group to facilitate that coin transactions in the UAE last freaking go apart from individuals a large number of companies are ready to embrace bitcoin and other digital currencies as legal tender for future transactions said the CEO of the seat group the UAE wants to offer growth oriented environment the fintech companies by establishing an ecosystem for digital currencies companies dealing in crypt those holding huge potential in the Emirates digital economy the C. group will help point corner expand their operations into the Emirates and wider Middle East market their products and services effectively reach their audience and access top decision makers in the government as well as private sectors that point corner will be focusing on establishing a user friendly platform where UAE residents can buy sell send receive and store back online as well as offer local businesses solutions and dealing with bit coin we are pleased to enter into a mutually beneficial partnership in a see through said Danny Scott the CEO of coin corner we are committed to making bitcoin transactions the new normal in the UAE with the help of a unique solutions facilitating instant and frictionless payments this partnership will give corn corn or access to one of the fastest growing economies and further its opportunities to reach out to prospective clients based in the Middle East Africa and Asian regions now the UAE is among the world's top four countries that are prime for bitcoin and crypto adoption according to a recent study by four X. the U. A. E.'s bitcoin and crypto market is the third largest in the Middle East but they transaction volume of around twenty six billion dollars over the previous financial year the market there had grown an astounding fifteen hundred percent from twenty twenty to twenty twenty one let the mask bitcoin adoption in game theory continue all around the world right now this breakdown the next day the day a popular crypto strategist set out to

invests answers is analyzing salonist potential price path relation to be quite possible explosion during the next bull market and a new YouTube video the anonymous host of invest answers unveils was four hundred forty four thousand subs a strategy for predicting salon as value in the future according to the anonymous crypto analysts it's a lot of price prediction methodology first involved looking a bit coins possible future value to come up with a price target for the him putting him here what I did was I compared the bitcoin price to the Ethereum dominance in the future which I believe will be at least twenty five percent that will bring us to an Ethereum price hypothetically a fifteen thousand four hundred fifty dollars it coin goes to a hundred fifty thousand dollars it might doesn't go to a hundred and fifty thousand dollars that fifteen dollars our price target for Ethereum goes away and that is a function of the scarcity the deflationary nature of eat and proof of stake etcetera etcetera now twenty five percent eat dominance indicates that it makes up a quarter of the total crypto market cap and after deriving the potential future price of Ethereum crypto analyst says he cannot come up with the two price targets for Selanne as he shares here now there are two variations for the salon a price one is ten percent of its dominance in the second one is twenty percent of its dominance the crypto strategist says that if the Lana is that ten percent each dominance he thinks the concerts to three hundred seventy dollars in this hypothetical situation more than a thousand percent increase from its current price and if someone achieves twenty percent youth dominance the analyst thanks again Scott rock at the seven hundred thirty nine dollars per coin which is an increase of more than twenty one hundred percent from today's price of thirty two dollars let me know if you agree disagree with these bullish price predictions of the big coin price hit a hundred fifty thousand volunteering on his fifteen thousand as Lana hits a whopping seven hundred and thirty nine dollars and watch this video he did entitled to on a price prediction MicroStrategy and decline check the show notes below the video in the description and now for a quick recap what a cover with you here in today show that quite new Quorn

at that rate hike decision looms and US dollar currency index is a twenty year high as well as MicroStrategy now holds a hundred thirty thousand BTC as well as here's a realistic but quite bottom forecast going to crypto trader decent Zeno we also discussed breaking news of the royal family to buy company partnering with queen corner to facilitate bitcoin transactions in the UAE as well as crypto analyst yes is bullish price predictions for Selanne a theory on and get going pretty for the bitcoin price is likely to go next let me know in the comments right down below now for the top three comments from yesterday's episode Peter C. allow wrote AJB Messina bra but glad you're back and all is well with you lots of fun out there certainly macro headwinds is a concern for the short term but long term we have much to look forward to as crypto investors we can't forget the market is no different than other markets you make a great point and as always I appreciate your continued support our next featured comment comes from Krispy thought about you in the hurricane happy to see you are well haven't touched my bit coin Hoddle that's right we got hit by hurricane Fiona here on the island of Puerto Rico which calls eight island wide blackout for two days before gently the power is back and we stronger than ever and a third and final featured comment comes from has a keep calling and keep watching the basket the news channel like I said before we will remember these intimate family times with fond memories a hundred thousand RB climb party income and send it in to be featured on tomorrow's episode drop a comment below and if you're not already subscribed to the channel you know what to do it that bell icon turn on all notifications will Smith that light by and drop a comment below and I look forward to seeing you on tomorrow's episode piece

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