Lark Davis

Buying Power That Defies Logic

November 2, 2023
Crypto Videos, News Reports, Weekly Market Analysis Videos
11

Galaxy digital they came out and issued a report basically saying that they expect money inflows into Bitcoin ETF products in the USA to reach about $14 billion in the first year after the launch of the spot Bitcoin ETF 27 billion in the second year 39 billion inThe third year okay so let's do some math on that keep in mind that due to the very strict supply of Bitcoin it only takes a very small amount of money to move the market dramatically so the estimates that you're going to giving you here will need to absorb huge priceAppreciation but this is just based on where we are right now $14 billion if you could buy without moving the price right now would buy $410,000 Bitcoin at current prices $27 billion by $79,000 Bitcoin and $39 billion that equates to 1.15 million BTC which for reference is over half of the supplyCurrently available on exchanges

Chainlinks CCIP technology takes crypto to the next level

November 2, 2023
Crypto Videos, News Reports, Weekly Market Analysis Videos
4

Chain link is a lot more than just oracles oracles are obviously some of the most important technology in the cryptocurrency space defi doesn't exist without solid Oracle technology but where chain link is going to really really shine is with the new technology that it's releasing the ccip so thisBasically allows for the easy transition between chains of assets and of course there's different people working in the space but chain link is kind of the leader when you look at the people they're working with big banks for example are looking at using this technology Swift which is like the interbank messaging systemInternationally and they realized that unless they work with the Netflix which is in this analogy chain link that they're going to be the next Blockbuster and so we see major payment providers adopting this new technology because they realize that Tech is not going to stop and if they keep old Tech they'reGoing to go the way of the Dinosaurs