Dec 30: El Salvador’s Bitcoin Bet, Global Moves, and the ETF Boom

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Dec 30, 2024

Craig Cobb, a cryptocurrency trader and educator, shares his insights into the dynamic world of crypto. He discusses El Salvador’s bold Bitcoin strategy, revealing its 6,000 BTC holdings amidst rising global interest. The implications of U.S. and European pushes for Bitcoin reserves are explored, along with Malaysia's tightening regulations. Cobb also highlights the thriving Bitcoin ETF market, emphasizing its role in mainstream adoption, while reflecting on recent market trends and the future landscape of cryptocurrency investments.

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ANECDOTE

NeutraBit Scam

Listener Lau reported a scam experience with NeutraBit.org, where his deposit was frozen.
The platform demanded more money for VIP status to unlock his funds, a common crypto scam.

ADVICE

XYO & Tesla

Be wary of XYO's partnership claims with Tesla coming from unofficial sources.
Verify information through official XYO channels and founders Ari and Marcus.

INSIGHT

Bitcoin Adoption Grows

El Salvador now holds over 6,000 Bitcoin, despite IMF criticism.
US states and companies like MicroStrategy are increasing their Bitcoin holdings.

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