World's Largest Asset Manager a Closet BTC Bull? BlockFi's BTC Credit Card, PayPal: The Time is Now
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Blackrock's CEO Larry Fink recently did an interview and said everything but "BTC is going to the moon".
'Bitcoin has caught the attention and the imagination of many people. Still untested, pretty small market relative to other markets.’
The narrative of major financial institutions joining the crypto space is coming together each and every day.
“As we thought about it, digital wallets are a natural complement to digital currencies. We’ve got over 360 million digital wallets and we need to embrace cryptocurrencies,” said the PayPal CEO."
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LeoFinance is a blockchain-based social media community for Crypto & Finance content creators. Our tokenized blogging platform (https://leofinance.io) allows users and creators to engage and share content on the blockchain while earning LEO token rewards.
Many ask about WLEO price analysis and figuring out where the market is. While the WLEO aspect of the LeoFinance project is still new, we've seen it get added to a number of different data aggregators and crypto charting tools.
One of the most recent additions was Tradingview.
You can now chart WLEO's historical price using the #1 charting platform for stocks and cryptocurrencies in the world.
Show Notes: https://leofinance.io/@khaleelkazi/hnpbzvid
These charts give a level of depth to analyzing the LEO / WLEO token price and historical action in a way that we never could before. I know we're extremely happy with being able to analyze our own community token and I think our userbase - especially with such a heavy focus on finance/crypto - will be happy about it too.
During the clip, you'll see the support and resistance levels marked up by Neal, Rolland and Mitch. Rolland and Mitch mentioned that they bought off of previous supports around $0.22 and managed to make some nice short-term arbitrage plays around those levels. It's going to be fun to see more traders jump into the WLEO pair so that they can speculate on both short and long-term price action.
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LeoFinance is a blockchain-based social media community for Crypto & Finance content creators. Our tokenized blogging platform (https://leofinance.io) allows users and creators to engage and share content on the blockchain while earning LEO token rewards.
Join Our Community and Earn Crypto Rewards for Your Content:
https://leopedia.io/onboard
Socials:
- Twitter: https://twitter.com/financeleo
- Medium: https://medium.com/@leofinance
- Reddit: https://www.reddit.com/r/LeoFinance
- Apple Podcast: https://podcasts.apple.com/us/podcast/khaleelkazi/id1466486814?uo=4
- Spotify: https://open.spotify.com/show/636829JegiuHF8f2h0s9RZ
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https://www.youtube.com/watch?v=6kJ8smCWuJQ
With PolyCUB, we're launching one of the most important and rigorously developed applications the LeoFinance Team has ever built.
Show Notes: https://leofinance.io/@khaleelkazi/multi-chain-cub-or-capturing-tvl-and-capital-across-all-evm-chains
Along with this, we're testing a theory: creating a multi-chain CUB-iverse.
We're taking CUB to Polygon by creating a "Polygon" outpost called PolyCUB.
This outpost is intended to be a self-sustaining base on the Polygon blockchain. The base has its own rewards token that is extremely limited in supply and has a variety of highly important mechanics that are all designed to make the token scarce and actually increase in price due to an accelerated model of Bitcoin-inspired halvenings.
PolyCUB's token supply halvens every single month which means that it only takes a few months for the incoming supply to become so low that Protocol Owned Liquidity - another mechanic we've built into PolyCUB - will actually flippen PolyCUB's inflationary rate.
Eventually PoL's income is used to buy POLYCUB and distribute it as APY to all the vaults on PolyCUB. Making POLYCUB self-sustaining and actually deflationary over the long-run.
We're testing this theory with PolyCUB and if it plays out according to plan, you'll see CUB expand to every single EVM out there with a "PolyCUB" cloned outpost!
It's a pretty incredible future when you sit down and really think about it. We're taking CUB to a whole new level with all of these outposts connecting back to it via airdrops and LeoBridge.
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LeoFinance is a blockchain-based social media community for Crypto & Finance content creators. Our tokenized blogging platform (https://leofinance.io) allows users and creators to engage and share content on the blockchain while earning LEO token rewards.
Join Our Community and Earn Crypto Rewards for Your Content:
https://leofinance.io
Socials:
- Twitter: https://twitter.com/financeleo
- Medium: https://medium.com/@leofinance
- Reddit: https://www.reddit.com/r/LeoFinance
- Apple Podcast: https://podcasts.apple.com/us/podcast/khaleelkazi/id1466486814?uo=4
- Spotify: https://open.spotify.com/show/636829JegiuHF8f2h0s9RZ
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https://www.youtube.com/watch?v=p99zI-9k6zM
When wLEO launches, providing liquidity to the Uniswap liquidity pool is an essential way to grow the usage and volume of Wrapped LEO on Ethereum. By having deep liquidity reserves on Uniswap, we open up the door to new wLEO investors and create a self-reinforcing cycle of having new wLEO buyers who then turn around and provide additional liquidity to the pool.
We saw a somewhat muted launch for wHIVE. The primary reason is that there weren’t any liquidity pool (LP) incentives in place. Most successful Uniswap token listings include some sort of additional “bonus” in terms of LP incentives. LP incentives are vital to a successful launch on Uniswap because the initial volume is likely to be low until you get deep liquidity reserves.
As we mentioned in the announcement post of the wLEO token: this is a classic chicken and egg problem.
If you don’t have a deep liquidity pool on Uniswap, then you won’t get much trading volume. If you don’t get much trading volume, then the rewards for being a liquidity provider are extremely low. If the rewards for being an LP are extremely low, then there is no reason to be a liquidity provider to that pool as you can turn to others where the rewards are better.
An LP incentive bonus is the solution to this problem. By having an initial bonus period — think of it like an early bird special — you give people an incentive to become an early liquidity provider to a pool that doesn’t have a lot of liquidity/volume yet.
Show Notes:
https://leofinance.io/hive-167922/@khaleelkazi/xmmbotgy
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LeoFinance is a blockchain-based social media community for Crypto & Finance content creators. Our tokenized blogging platform (https://leofinance.io) allows users and creators to engage and share content on the blockchain while earning LEO token rewards.
Join Our Community and Earn Crypto Rewards for Your Content:
https://leopedia.io/onboard
Socials:
- Twitter: https://twitter.com/financeleo
- Medium: https://medium.com/@leofinance
- Reddit: https://www.reddit.com/r/LeoFinance
- Apple Podcast: https://podcasts.apple.com/us/podcast/khaleelkazi/id1466486814?uo=4
- Spotify: https://open.spotify.com/show/636829JegiuHF8f2h0s9RZ
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https://www.youtube.com/watch?v=9vcH3UWHHHk
Toward the end of the last LEO Roundtable podcast, we analyzed Bitcoin and gave our predictions about the current state of the market.
Bitcoin’s price has ebbed and flowed quite a bit since the halving. We’ve seen it spike up to 10k and draw back down quickly and recently we have seen the price climb back to $8800 (that’s when this podcast was recorded) and today we’re sitting at $9500.
We all agreed that there is likely to be a correction in Bitcoin’s price before the next major rally. We set some buy levels and I personally have been playing those levels accordingly.
Each time BTC has drawn down, I’ve bought a small amount. The last buy I had went in around ~$8500 but in the show we talked about BTC backing up to the $7700 and possible even $6700 levels.
With this viewpoint in mind, my personal strategy has been to buy lightly on the dips to $8500 and place some heavier buys between $7700 and $6700.
In this clip we give a few reasons for Bitcoin’s bearish outlook in the short-term and the opportunity to add on before the major rally that everyone is expecting post-halving.
Show Notes: https://leofinance.io/hive-167922/@khaleelkazi/ayexqgrt
Full Episode: https://youtu.be/FqjAhyCxqC0
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In This Episode:
* Correlation between the stock market and Bitcoin
* Buy Levels — Correction to $7700 soon?
* Chart is looking generally bearish — opportunity to buy for the long-term
* Laddering in
* Halving (consolidation before the post-halving bull run) - a pullback to 7700 would work perfectly in order with that past data of consolidation before the crazy moves post-halving events
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Our Community:
https://leofinance.io is an online community for crypto & financial content creators, powered by Hive and the LEO token economy.
- Learn more about our hive-powered community at https://leofinance.io/faq.
- Trade Hive-based tokens on LeoDex at https://dex.leofinance.io.
- Track Your Hive Account Statistics at https://hivestats.io.
- Learn & Contribute to Our Growing Library of Crypto Educational Content at https://leopedia.io.
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https://www.youtube.com/watch?v=Qf06N114FMI
#btc #gold #crypto
In this week’s episode of the LEO Roundtable, we talked about some of our favorite sectors in the current market conditions. We also walked through some of the FED buying activities and how they affect our positions.
One of my favorite parts of the discussion is when we talked about Gold, Silver and Bitcoin. According to every technical/fundamental indicator, these assets may have a very bright future ahead in the near-to-medium term.
I was so excited by the talk that I went out and added SLV to my personal portfolio and picked up BTC (although, the ladder is not out of the ordinary for me).
So far, I am really enjoying these roundtable discussions. Partly because it’s great content for the LEO community, but selfishly because it’s helping me iron out my portfolio and put some more perspective behind my positions.
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In this Episode:
* Sectors and Companies That Will Thrive In This Time
* FED Buying Activities
* Corporate Bail-Outs
* Gold and Silver — Silver to Be a Better ROI Than Gold In the Coming Years?
* BTC — A No-Brainer Buy Right Now?
* SPX/SPY Price Targets
* Some Hive/Steem Updates
* DCity - An NFT-Based Simulation Game
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Our Community:
https://steemleo.com is an online community for crypto & financial content creators, powered by Hive and the LEO token economy.
- Learn more about our hive-powered community at https://steemleo.com/faq.
- Trade Steem-based tokens on Leodex at https://dex.steemleo.com
- Buy & Sell Digital Products and Services with STEEM & LEO on the Leoshop at https://shop.steemleo.com
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https://www.youtube.com/watch?v=Cx6S5Tjh1dA
We have a need. A need for diversification.
I just had a conversation on Sunday about markets at all time highs, irrational greed and the potential impact of the Corona Virus and other global market factors.
In the conversation, I was asked what I would do if I was holding stocks for the long-haul — 10+ years — in an environment when prices seem irrational and greed is continually mounting.
My answer: sell small %’s on the way up and diversify into things that might do well in a potential bear market.
This is what I’ve been doing since the start of 2020. Moving my long-term positions around (in very small chunks) into things that hedge against the risk of a potentially major correction in the markets.
https://steemleo.com/approachtodiversification
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Links Mentioned:
https://www.tradingview.com/chart/ (Charts for S&P500, Gold and Bitcoin)
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Our Community:
https://steemleo.com is an online community for crypto & financial content creators, powered by the LEO token economy.
- Learn more about our community at https://steemleo.com/faq.
- Trade Steem-based tokens on Leodex at https://dex.steemleo.com.
- Buy & Sell Digital Products and Services with STEEM & LEO on the Leoshop at https://shop.steemleo.com.
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https://www.youtube.com/watch?v=SZheCn42xp0
This week was a big one for technology. We saw the Dragon capsule launch by SpaceX & NASA where the first humans to ever be launched by a private company went without a hitch. This is also the first human launch on a reusable rocket.
Seeing the astronauts flying toward space while the booster rocket landed back here on Earth to be reused in a later flight is an incredible thing to witness.
We’re also living in an interesting time for the stock market as we see the valuations of many companies reach back to their all time highs amidst an economy in turmoil. We talked Tesla and our thoughts about where the stock is and what the company is doing.
Then we finished off the discussion by diving into the latest issues with Social Media as companies like Twitter battle with Trump while companies like Facebook seem to be bending the knee. The case for decentralized platforms like Hive has never been stronger than today and it seems that the need is continually growing.
Show Notes: https://leofinance.io/hive-167922/@khaleelkazi/emcdmonp
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In This Episode:
* 0:00 - SpaceX
* 6:00 - Tesla
* 13:22 - Social Media
* The Need for Decentralized Platforms
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Our Community:
https://leofinance.io is an online community for crypto & financial content creators, powered by Hive and the LEO token economy.
- Learn more about our hive-powered community at https://leofinance.io/faq.
- Trade Hive-based tokens on Leodex at https://dex.leofinance.io.
- Track Your Hive Account Statistics at https://hivestats.io.
- Learn & Contribute to Our Growing Library of Crypto Educational Content at https://leopedia.io.
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https://www.youtube.com/watch?v=7KKO8r42tY0
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Latest Press Release From the Team: https://leofinance.io/@leofinance
In this AMA, we'll talk about CUB, LeoFinance and the Future of Our Projects!
https://leofinance.io
https://cubdefi.com
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https://www.youtube.com/watch?v=ottEqUnZWPU
Hive communities are an upcoming release for the Steemit.com interface on the Steem blockchain. Communities are currently available in open beta testing on https://beta.steemit.com.
If you go there, you'll find the Steemleo community listed as a top 5 community based on activity. An update was recently released for nitrous interfaces which allows integration with a hive community on Steemit. This allows us to integrate the feature of posting to our community on Steemit through our own interface at https://steemleo.com.
With this update, along with several other developments, now is the best time to start posting from https://steemleo.com. In this short video, I review a few of the reasons why you should consider posting from our community's interface.
Links Mentioned:
1. https://beta.steemit.com
2. https://steemit.com
3. https://steemleo.com
4. Steemleo community on Steemit: https://beta.steemit.com/trending/hive-167922
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https://www.youtube.com/watch?v=xOlU3WRgs_M