Bitcoin's Impending 'Panic-Level' Rally: Ken Olling Breaks It Down

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, dives into the crypto world with Ken Olling, Founder and CEO of MELD, as he predicts an upcoming "panic-level" rally in Bitcoin. Olling shares insights on the buzz surrounding the potential approval of a spot Bitcoin ETF and lays out his price projections for 2024 and 2025. The conversation delves into the emerging trend of tokenized Treasuries in response to escalating debt levels. Olling also sheds light on the intriguing scenario of the U.S. government evolving into one of the largest Bitcoin holders and the associated risks. Tune in for a comprehensive analysis at the intersection of cryptocurrency and global finance.

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00:00 - Intro
01:36 - New source of demand for U.S. debt: Tokenized Treasuries
21:19 - De-dollarization trend
23:18 - MELD platform and yields on tokenized Treasuries
27:05 - Spot Bitcoin ETF approval timeline
32:29 - Bitcoin price forecast
34:40 - MELD
36:21 - Solana
37:38 - Ethereum
39:13 - RWAs
41:03 - One of the biggest Bitcoin holders is the U.S. government
49:36 - Final thoughts

#bitcoin #crypto #investing
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