Can Bitcoin Drop To $5,000 In 2023? This Bank Says Yes

Let's have a look at the biggest news in crypto this week! FTX Twitter drama, Maxine Waters changing her mind about SBF's subpoena, proof of Binance reserves, Ledger's new hardware wallet, GBTC discount near 50%, Gary Gensler, Coinbase's revenue dropping 50% and the push to use USDC, $5,000 Bitcoin price prediction, and incredible power of ChatGPT.

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Timestamps:

0:00 Intro

1:00 FTX Twitter drama

13:05 Maxine Waters changes her mind on SBF subpoena

17:40 Binance reserves

20:30 New Ledger hardware wallet

22:16 Grayscale Bitcoin Trust discount near 50%

24:08 Gary Gensler

26:50 US crypto miners to report carbon emissions

28:50 Coinbase revenue drops 50%

30:00 Coinbase pushes USDC

31:15 ChatGPT

34:30 Bitcoin to $5,000

35:55 Playing with ChatGpt

47:43 Wrap up

The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.