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Balaji Srinivasan predicted that Bitcoin would reach $1 million in around 90 days.
https://decrypt.co/124007/1-million-bitcoin-price-balaji-srinivasan-plausible-debate
Crypto analyst Ali (@ali_chats) tweeted this morning that more than $18 trillion will need to be invested in Bitcoin (BTC) in order for BTC’s price to rise to $1,000,000 within the next 3 months. According to the tweet, the exact total needed to elevate BTC’s price to the $1,000,000 threshold is $18,797,203,666,237.
Bitcoin optimistic prediction is out
Bitcoin to hit $1 Million
An analyst who has been seemingly unstoppable since calling Bitcoin’s bottom at $16,000 just issued a big update to fellow traders.
DonAlt said the fact that he is no longer looking to sell any BTC at his initial target of $35,000.
The trader says the global recognition that Bitcoin offers an alternative to the banking system is so new and powerful that he’s nowhere near ready to sell.
“Every time I think about taking profit I’m thinking about where I would put that profit. There is nothing I’d rather buy than BTC and alts right now, nothing is setup better for the current macro situation than our little bubble.”
He continued and said the following:
“I was originally planning to sell some at $35,000. Don’t think I’ll do that anymore, I’ll just be a moon boy until I get a really really good reason not to be. Until then I’ll ride this thing, no brakes.”
DonAlt believes bearish analysts who have remained laser focused on the macro economy will continue to look lost on the sidelines.
“Banks are down huge. You can whip out your stupid RSI and trendiness all you want, I’m not selling.
Can’t believe people told me not to buy $16,000 because of macro. We’re up almost 2x from there and macro is starting to shift. Probably gonna be told not to sell because of favorable macro conditions at the top too.”
Bitcoin to hit $1 million
BitMEX co-founder CEO Arthur Hayes is forecasting a massive Bitcoin (BTC) rally and a major pivot from the world’s central banks.
“Reacting to the news that the People’s Bank of China has reduced the Reserve Ratio Requirement (RRR) by 0.25%, Hayes says he’s targeting a $1 million price tag for Bitcoin,” according to the latest reports.
Hayes believes China’s move backs his thesis that more government intervention and infusions of capital are coming.
Simply delusional thoughts and I will repeat 100% of EVERY theory has be scientifically be proven wrong. Just ask HGEN insiders about their stock sales days before the EUA denial
A waste a lot of time and all theories have NEVER come to fruition. Insiders have sold and management is brutal and have done zero benefit to its shareholders and their fiduciary duties and these nonsense dreams with justifications that NO PHARMA company not any insider of HGEN see’s nor agrees. It’s become a joke and some want to still justify insane theories. Play a scratch off or maybe power ball and any bagholders odds will be greater.
Complete insanity
It’s always someone’s else’s fault.
Sorta like the banks?
Bank sector stress may provide a bullish case for cryptocurrencies. Here's how
https://www.morningstar.com/news/marketwatch/20230318410/bank-sector-stress-may-provide-a-bullish-case-for-cryptocurrencies-heres-how
Any updated purchases?
Welcome to the TRUTH land
Reinforcing Confidence in First Republic Bank
Source: Business Wire
$30 Billion in Uninsured Deposits Committed from America’s Largest Banks
First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it will receive uninsured deposits totaling $30 billion on March 16, 2023 from Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Bank, State Street, Truist, and U.S. Bank.
This support from America’s largest banks reflects confidence in First Republic and its ability to continue to provide unwavering exceptional service to its clients and communities.
Jim Herbert, Founder and Executive Chairman, and Mike Roffler, CEO and President of First Republic Bank said, “We would like to share our deep appreciation for Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Bank, State Street, Truist, and U.S. Bank. Their collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire U.S. banking system. In addition, we want to share our sincerest thanks to our colleagues, clients, and communities for their continued and overwhelming support during this period.”
As previously announced, First Republic (the “Bank”) obtained additional liquidity through additional borrowing capacity. It has since drawn on this borrowing capacity following recent industry events.
As of March 15, 2023, the Bank had a cash position of approximately $34 billion, not including the $30 billion of uninsured deposits from Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Bank, State Street, Truist, and U.S. Bank with an initial term of 120 days at market rates.
From March 10 to March 15, 2023, Bank borrowings from the Federal Reserve varied from $20 billion to $109 billion at an overnight rate of 4.75%.
Since close of business on March 9, 2023, the Bank has also increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%.
Insured deposits from close of business on March 8, 2023 to close of business on March 15, 2023 have remained stable. Daily deposit outflows have slowed considerably.
The Bank is focused on reducing its borrowings and evaluating the composition and size of its balance sheet going forward. Consistent with this focus and during this period of recovery, the Bank’s Board of Directors has determined to suspend its common stock dividend.
Reinforcing Confidence in First Republic Bank
Source: Business Wire
$30 Billion in Uninsured Deposits Committed from America’s Largest Banks
First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it will receive uninsured deposits totaling $30 billion on March 16, 2023 from Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Bank, State Street, Truist, and U.S. Bank.
This support from America’s largest banks reflects confidence in First Republic and its ability to continue to provide unwavering exceptional service to its clients and communities.
Jim Herbert, Founder and Executive Chairman, and Mike Roffler, CEO and President of First Republic Bank said, “We would like to share our deep appreciation for Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Bank, State Street, Truist, and U.S. Bank. Their collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire U.S. banking system. In addition, we want to share our sincerest thanks to our colleagues, clients, and communities for their continued and overwhelming support during this period.”
As previously announced, First Republic (the “Bank”) obtained additional liquidity through additional borrowing capacity. It has since drawn on this borrowing capacity following recent industry events.
As of March 15, 2023, the Bank had a cash position of approximately $34 billion, not including the $30 billion of uninsured deposits from Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Bank, State Street, Truist, and U.S. Bank with an initial term of 120 days at market rates.
From March 10 to March 15, 2023, Bank borrowings from the Federal Reserve varied from $20 billion to $109 billion at an overnight rate of 4.75%.
Since close of business on March 9, 2023, the Bank has also increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%.
Insured deposits from close of business on March 8, 2023 to close of business on March 15, 2023 have remained stable. Daily deposit outflows have slowed considerably.
The Bank is focused on reducing its borrowings and evaluating the composition and size of its balance sheet going forward. Consistent with this focus and during this period of recovery, the Bank’s Board of Directors has determined to suspend its common stock dividend.
Management sucks
But it’s been smoke and mirrors relentlessly for over a year. I’m long and strong but frustrated.
There is volume with zero action. Every time there’s buys there is more shares for sale on the ask.
Bitcoin Will Soon Shatter $250,000 Per BTC, Says Billionaire Tim Draper –
Management failing again
Buy More Bitcoin And Brace For ‘Crash Landing’, Robert Kiyosaki Warns
Buy More Bitcoin, Kiyosaki Says
Scam alert with Scampo. Look at NEWC and VSYM both DELISTED because current management of USPS never filed their delinquent filings AFTER they DILUTED after pumping and dumping from BOGUS PR’s
Same story.
Bogus PR’s as shares are diluted
Scampo has deserted VSYM and now on to the next scam USPS. Todays news.
Colombian Cannabis Brand to be Acquired, Shares Up
Source: AllPennyStocks.com
The Colombian market for cannabis products is expected to grow exponentially over the next few years and this combined firm is in a position itself as a leading player in the market.
U.S....
To read the full story on AllPennyStocks.com, click here.
Scampo on to the next scam USPS. Todays news
Colombian Cannabis Brand to be Acquired, Shares Up
Source: AllPennyStocks.com
The Colombian market for cannabis products is expected to grow exponentially over the next few years and this combined firm is in a position itself as a leading player in the market.
U.S....
To read the full story on AllPennyStocks.com, click here.
It would be nice if management did their job and gave reasons for shareholders to want to buy and shorts get pressure to cover. The TIME is now!!!
The short sale volume percent (not short interest) for stock ticker HGEN is 54% on Mar 13, 2023. The short sale volume is 402,274. The total volume is 741,581. The short sale volume percent is down -5% compare to Mar 10, 2023.
Somehow a hand full of posters on this board will justify it and say some how this is good news for shareholders. LMAO
You will know this after u see the insiders selling free shares like it’s an ATM machine . It was so important to update that HGEN does not have $ in SVB. Even if they did it would be the least of HGEN shareholders problems
100k plus. The importance of BTC is being shown
They are worthless as the PPS along with the lack of shareholder communication
Bitcoin breaks above $24,000 as positive sentiment pushes BTC higher.
Analysts say BTC remains in “danger zone” unless bulls break and hold $25k.
IntoTheBlock analysts suggest the next major target could be $30,000.
Bitcoin | On March 13, 2023
Bitcoin Whales Move $865,000,000 in BTC As Markets Fly – Here’s Where the Crypto Is Now
What a joke.
I agree. I’m long and strong with a good size position
It’s relentless attempt to hold the PPS down
I can figure out how the PPS stays so low. Who is selling?
Slow progress
Biden administration proposes 30% crypto mining tax, closing wash-trading loopholes
https://finance.yahoo.com/news/biden-administration-proposes-30-crypto-061124428.html
Bitcoin just bounced off a historic line of support at $20,000 as the Biden Administration launches an all-out assault on cryptocurrency and the 50 million American citizens and voters who own digital assets.
The latest jab stems from President Biden’s dead on arrival tax plan, which would impose a 30% tax on the energy used for Bitcoin mining, reports the New York Times.
The plan would also stop crypto investors from selling assets at a loss and quickly rebuying them in order to save on taxes, reports Bloomberg.
This follows news that the US government just sent $217 million in confiscated Bitcoin to the crypto exchange Coinbase, where it could be sold on the open market.
Mead thinking BTC would be higher with the current environment