#Bitcoin #ElSalvador #NayibBukele

I'd like to welcome everyone to my new PODCAST

Dave's Daily Crypto Take

In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.  

My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.

ARTICLES used in today's video:

https://ambcrypto.com/heres-how-much-bitcoin-may-be-worth-by-the-end-of-this-decade/

Here’s how much Bitcoin may be worth by the end of this decade

All of the cryptocurrency industry appears to be in a panic after $100 million were liquidated in around 24 hours. This has caused Bitcoin‘s price to dip 3.6% during this time, adding on to the 28% it has lost in the entire past month.

BTC to cross $1 million?

While many are fearful of a bull cycle engulfing the market, researchers at Ark Invest have painted a rather bullish narrative for the king coin going forward. In a report published earlier this week, it was predicted that it could in fact exceed a price valuation of $1 million by the end of the decade, a long shot from its current price tag of around $36,000.

https://bitcoinist.com/bitcoin-difficulty-reaches-new-peak-means-market/

Bitcoin Difficulty Reaches New Peak: What This Means For The Market

Data shows the Bitcoin mining difficulty has set a new all-time high recently, here’s what it may mean for the market.

Bitcoin Mining Difficulty Has Made A New All-Time High

According to the latest weekly report from Arcane Research, while BTC’s price has continued to struggle, the mining difficulty has seen growth and hit a new ATH.

https://ambcrypto.com/want-your-salary-in-bitcoins-heres-why-you-should-think-twice/

Want your salary in Bitcoins? Here’s why you should think twice

The cryptocurrency boom reached new levels by touching on salaries in some countries. The millennial generation preferred to receive payments in cryptos. Fair to say, Cryptos are part of the new financial model, and crypto salaries are part of these advances.

Among the politicians who seek to bridge the gap between crypto payments against fiat are Francis Suarez, the mayor of Miami, and Eric Adams, the mayor of New York City. On the other hand, athletes planned/executed to follow the same.

https://ambcrypto.com/ethereum-likely-to-capture-a-portion-of-the-123-trillion-global-money-supply/

Ethereum ‘likely to capture a portion of the $123 trillion global money supply’

Despite the fact that a bear market might be taking over, fund managers remain hopeful about the crypto-space in the long-term. In fact, the most recent report by Cathie Woods’ ARK Investments has claimed that both Bitcoin and Ethereum have trillion-dollar futures lying ahead, owing to their continued growth in utility.

https://www.euronews.com/next/2022/01/26/the-imf-warns-el-salvador-to-drop-bitcoin-as-a-legal-currency?utm_source=flipboard.com&utm_campaign=feeds_money&utm_medium=referral

The IMF warns El Salvador to drop Bitcoin as a legal currency

The International Monetary Fund (IMF) has urged El Salvador to drop Bitcoin as legal tender and better regulate the digital wallet the government created and promoted to its citizens.

The South American country became the first in the world to adopt the cryptocurrency as legal tender in September last year.

However, the IMF has urged “the authorities to narrow the scope of the Bitcoin law by removing Bitcoin's legal tender status," it said in a statement on Tuesday.

"The adoption of a cryptocurrency as legal tender, however, entails large risks for financial and market integrity, financial stability and consumer protection," It added.

https://alternative.me/crypto/fear-and-greed-index/

https://coinmarketcap.com/

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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.

Thank you very much 

Dave

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