BTC ➡️ 300K?

Who's predicting it and why it could happen.

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Happy Tuesday, Zingernation! If only you had bought Bitcoin when Jamie Dimon threatend to fire people for trading it, here’s how much you’d have now.

Today, we look at who’s predicting $300K for Bitcoin, how Gary Gensler’s SEC effed up and more.

MARKET SNAPSHOT

TOP STORY

Veteran investor Mark Moss thinks Bitcoin will go to $300K if Trump wins.

If Kamala Harris wins, it will still reach a respectable $100K+.

But the real reason isn’t the new administration.

The real reason is the growing US debt burden.

How that’s bullish for Bitcoin?

Unlock a powerful new feature on Benzinga and gain direct access to stock picks and trade insights from our top market experts, including two seasoned Wall Street veterans.

…and tap into a new source of profitable opportunities to elevate your trading and investment strategy.

QUICK N DIRTY

Bitwise CIO Matt Hougan sees the most powerful people in the world allocating to crypto. So far mostly with their own money, but here’s when that could change.

Dogecoin and Shiba Inu are not deciding if the memecoin supercycle goes supernova or if it’s turned into a black hole. Two other memecoins are running the show now.

Jamie Dimon said once upon a time that he’d fire anyone in an instant if he caught them trading Bitcoin. So how much would you have made if you had bought BTC then?

FINTECH FOCUS

Uh oh.

Gary Gensler’s SEC may be in trouble.

SEC Commissioner Peirce admitted during a Congress hearing that the agency moved forward with regulatory actions against crypto companies “despite legal problems.”

In other words, it took on the sheriff’s role when it probably shouldn’t have.

What happens now?

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