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5 months ago

Max Keiser Warns Bitcoin Could Vanish Faster Than Epstein List | US Crypto News

Max Keiser warns that governments may crack down on Bitcoin held by ETFs and corporate treasuries, potentially leading to confiscation. He believes that as Bitcoin challenges traditional finance, governments will retaliate against centralized Bitcoin holdings, and that any Bitcoin not held in self-custody is at risk of disappearing quickly. Keiser views the accumulation of Bitcoin by companies like MicroStrategy as an attack against the state and the US dollar. Other crypto news includes Ethereum surpassing Johnson & Johnson in market capitalization, GameStop considering crypto payments, a $27 million hack of BigONE exchange, and Peter Thiel revealing a 9% stake in BitMine. Additionally, trading volumes on centralized exchanges like Binance and KuCoin are decreasing as users move to decentralized exchanges, and a significant amount of Bitcoin has been deposited on exchanges, potentially signaling a price correction. PayPal is expanding its PYUSD stablecoin to the Arbitrum network.

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