BITCOIN – SOMEONE IS TRYING TO SUE BITCOIN (CORE) #Finance

how’s it going everyone it’s Sam Craig Wright is trying to sue Bitcoin kind of right he’s actually suing the closest thing to bitcoin which is the Bitcoin core development team I I want to show you that it’s it’s crazy suing them for basically a trillion

dollars I’ll also show you what’s happening in the Crypto Market some big news with micro strategy almost now being valued more than every other

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Crypto company we also have news about uh Bitcoin Supply dwindling down and some Bitcoin none;">ETFs buying a significant amount we also have some altcoins running here today if you don’t mind hit subscribe so you can see future CashNews.cos just like this also check out the links underneath the CashNews.co there are some links to Marx where you can start trading

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Cryptocurrency on Leverage you can get the set up in just a few minutes of course you have to know what you’re doing I have several CashNews.cos on how to leverage trade I made one today

going over Marx and then there are also some in the past where I’ve gone through different strategies but as I’ve been saying this is a time to do it where it can really pay off but of course there’s always danger with anything that can uh accelerate your ability to gain wealth

right it’s kind of like a car it can get you somewhere much faster but you still have to be in control so make sure you know what you’re doing there’s a link to this underneath the CashNews.co though definitely check it out let’s start here micro strategy talked this week

about how to become a m a multi-trillion dollar company and I’ve talked about that in a couple CashNews.cos so I won’t go over it too much but they’re explaining about how they’re going to buy hundreds of billions of dollars more Bitcoin and how bitcoin’s price is

going to go up you can see micro strategy huge day yesterday 16% I think we should spend just a few minutes on it because it is about to overtake coinbase it’s less than 2% away from overtaking coinbase uh in terms of market cap so very impressive I mean this this is a company that was doing

what 75 75 million uh in Cash Flow or Profit um just a few years ago now they’re worth $40 billion and they had been around for a long time before that too so they’ve just exploded right uh this is really impressive and they’re being valued at a

pretty steep premium right now micro strategy stock has outperformed 100% of the companies in the S&P 500 because of Bitcoin percentage of S&P 500 companies outperformed 100% it’s up, 16 120% this is since they adopted the Bitcoin standard not sure exactly how much Nvidia is up since

then they’ve beaten them but I’m not sure what that spread is like I think it’s actually going to be a little bit more significant now that they’ve been performing really well over the last couple weeks bitcoin’s up 426 per magnificent 7 Up 243 the S&P 500 up 73% I

mean that that’s 4 years and they’re up 16x I take that I take that all day also there’s less Bitcoin now than ever there’s only 5.87% remaining I actually like to update every time one of these comes out which is about every 4 days at this point we lose one/ 100th of the

Bitcoin right that can be mined now this is pretty cool because over the last 15 years or so we’ve mined 96 or 94.3% of all the Bitcoin 94.3% and bitcoin’s gone up to $63,000 now we have less than 6% remaining for the next 116 years of mining so this this will probably Force up the

price when people want to get it they can’t just buy it from miners who are dumping on the market CU there’s not that much being dumped on the market for miners anymore the Bitcoin none;">ETFs had a decent day yesterday ibit had 1.2 billion in trading volume this is much less actually than micro strategy which was over 6 billion in volume but gbtc had a negative dayga -22 million but arcb had a big green day they seem to have big swings 98 million bitb 39 million hold or

hle I think this is supposed to be hdle actually not hold uh added 14 million fbtc with a huge day 117 million and then ibit had zero so overall 4,281 Bitcoin purchased by the ETFs that is

significant we are looking a little bit better too bitcoin’s price in the 63 range after getting all the way down to 59 it’s just been wrecking shorts and showing a lot of strength here a lot of other altcoins are doing well too let’s just look first Nero on ethereum up 23% popcat

up 17 Aptos 14 suie has been doing crazy well up 118% in the last 30 days I actually have a friend who’s up 13,000 or $20,000 on a trade on suoi again if you want a leverage trade you can check out the link to Marx uh I’ll have to check I’m not sure if they have sui they we should

add it though we can get them to add it yep they do have soie so if you want to go 50x on suie you can can do that over on MAR on Marx uh underneath the CashNews.co Brett base is up 9% Avalanche up 9% bit tenser ta has done so well recently take a look at this down Trend downtrend downtrend kind of

broke out went sideways for a while then boom almost at all-time highs even since the recent bottom just three no two months ago it’s up 3x since the bottom one month ago it’s up nearly 3x so yeah AI is doing really well especially B tenser bitcoin’s doing fairly well uh there is

someone that’s trying to get back in the news Craig Wright I don’t know if you’ve heard of him but he was someone that said for years that he was Satoshi Nakamoto and it came out in court that he wasn’t right the judge basically uh said that he was not Satoshi uh apparently

now he’s suing the Bitcoin core for 911 billion 50 million UK pounds he claims bsv is the real Bitcoin clearly he is not Satoshi so he’s basically saying well you know bsv Bitcoin cash is the real Bitcoin you’ve been working on a false Bitcoin uh we’re suing you I’m

guessing for what did he say uh misrepresent of Bitcoin as original Bitcoin resulting in confusion within the market so yeah he’s uh essentially suing for almost the entire market cap of Bitcoin which is crazy even if he won this how could they pay it right the fact is he’s just trying

to get in the news again I think he’s a clown in my opinion just crazy but uh yeah apparently you have to make news somehow so why not Sue the Bitcoin development team for a trillion dollars right that will get you in the news just crazy thank you guys so much for watching I appreciate it now

the cool thing about Bitcoin is you can’t actually Sue Bitcoin right it’s a decentralized currency uh the closest thing you can do is Sue the development team which you know even if they got sued even if they lost everything right there’d still be development on bitcoin there

would still be uh people using Bitcoin which is really cool as opposed to a company that if they get sued and they are at fault for billions or trillion dollar right they’re probably going bankrupt Bitcoin can’t be sued which is pretty cool and that’s part of the reason why

it’s actually nice we don’t know who Satoshi is either CU Satoshi can’t be sued either and have to come out of pocket with a lot of their Bitcoin now of course there could be some fear down the line oh no Craig Wright is suing and uh the core development team is going to have to

sell some of their Bitcoin or something but I don’t think he’s going to get anywhere with this the market is spoken everyone knows that there’s something called Bitcoin cash no one cares it is not the best #1a73e8; text-decoration: none;">Crypto out there it’s not the Holy Grail Bitcoin is overall the market is looking healthy uh we obviously have some more economic data this week JP Morgan Chase actually had their earnings on Friday and they did pretty well up 4.4% on the day obviously

we’ll be on the lookout for more earnings here in the very near future with some tech companies announcing in the following weeks thank you so much and if you want to check out Marx I actually just made a CashNews.co explaining why I like Marx how to leverage trade and all that check it out

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