Episode Transcript
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Speaker 1 (00:03):
Bitcoin surges above fifty seven thousand dollars, Ethereum and Lightcoin
gain up to four percent, and Michael Sailor prediction must
by cryptocurrency set to skyrocket over eighty four thousand dollars.
Welcome to the three Vest podcast, where each day we
bring you the latest and most relevant news in the
world of cryptocurrencies. Let's dive right in. Bitcoin has surged
(00:28):
above fifty seven thousand dollars, reaching new heights and capturing
the attention of investors worldwide. Licoin and Ethereum have also
shown impressive gains, with both cryptocurrencies rising up to four
percent in the past twenty four hours. These developments come
amid a broader upswing in the cryptocurrency market, driven by
(00:48):
increased institutional interest and positive market sentiment. Transitioning to other news,
Michael Saylor, a well known advocate for bitcoin and the
CEO of micro Strategy, has made a bold prediction. He
believes that a must buy cryptocurrency is set to skyrocket
over eighty four thousand dollars. His analysis points to the
(01:11):
underlying value and potential growth of this specific digital asset,
urging investors to pay close attention. In another significant update,
predictions indicate that a particular cryptocurrency could become a massive
winner when the Federal Reserve starts cutting rates. This forecast
is based on the belief that lower interest rates will
(01:32):
make riskier assets more attractive to investors, potentially driving up
cryptocurrency prices. Moving on across the globe, in Australia, the
practice of writing cryptocurrencies into wills has doubled in twenty
twenty four. This trend highlights the growing recognition of digital
assets as a valuable part of individual's estates. As more
(01:55):
people become aware of the importance of including cryptocurrencies in
their estate planning, legal and financial advisors are adapting to
meet this demand. Meanwhile, in the United States, a top
super political action committee back in Kamala Harris is attracting attention.
Although not directly related to cryptocurrency, the financial influence of
(02:17):
political action committees and their fundraising capabilities have implications for
various investment sectors, including the crypto market. One cryptocurrency that
has recently gained attention is internet computer. The price of
Internet computer increased by more than three percent within twenty
four hours. This rise can be attributed to recent technological
(02:40):
advancements and increased market interest in decentralized Internet solutions. In
related news, a man in Singapore has been charged with
attempted robbery involving a fake cryptocurrency deal with a teenager.
This incident underscores the ongoing risks and challenges associated with
cryptocurrency transactions, particularly for inexperienced investors. And finally, in a
(03:04):
lighter note, prediction suggests that when the Federal Reserve starts
cutting rates, a particular cryptocurrency will be a massive winner.
Analysts believe that the potential reduction in interest rates will
create favorable conditions for growth in the crypto sector. That
wraps up the main stories for today. This is three
(03:26):
invest reminding you that you can find our website linked
in the description of this podcast to discover the ideal
investment platform for you, complete with search tools, comparisons and
reviews of the leading platforms for investing in cryptocurrencies. Additionally,
all the news mentioned in today's podcast are linked in
the description for your convenience.