Daily Crypto NewsEDITION #178, 23 March 2021

The Wolf of Bitcoin Street

Hey #Moni Maker 👍

Today, in 1857, the first elevator was installed in a New York City building. Not the most seemingly breakthrough invention that ended up changing entire industries. Somewhat reminiscent of cryptocurrencies, right? "Magic Internet money" is indeed now showing results that seemed completely unseen a couple of years ago. See yourself:

Let’s go!

The BTC price on p2p exchanges in Turkey exceeded the market average against the background of the collapse of the national fiat currency. According to LocalBitcoins, the minimum supply is now more than $60,000 at an average market rate of about $57,400.

Bitcoinist states that some offline platforms have seen the price climb as high as $100,000. In addition, Google Trends data indicates that the number of bitcoin-related hits on the search engine in Turkey increased sixfold in a few hours.

The events are unfolding against the backdrop of a 14 percent collapse in the price of the Turkish lira. This came after President Recep Erdogan fired the head of the central bank, Naci Aghbal, the third in the last two years. Erdogan's decision was prompted by last week's key rate hike from 15% to 17% per annum.

Jordan Belfort, whose story is the basis for his memoir and the movie "The Wolf of Wall Street," admitted to the error of his past stance on bitcoin.

Belfort now believes bitcoin will be a long-term phenomenon because the total regulatory ban he predicted didn't happen.

Belfort points to the $100,000 mark as a goal. Its achievement will be facilitated by the described advantage over stocks, due to which investors can continue to move the price upwards without fear of being stopped due to suddenly increased emissions.

So what?

We are waiting for heartfelt remorse from Peter Schiff and other bitcoin haters.

The banks are already lined up to bow to crypto, but there is still room among the acolytes, don't worry :)

Jack Dorsey sold his first tweet as an NFT in an auction for 2.9 million. Dorsey wrote that he would immediately convert the proceeds into BTC and send with GiveDirectly to help Africa.

Time magazine is also joining the NFT trend and doing an NFT cover sale.

And you...buy Bitcoin!