Schiff says sell Bitcoin for silver as $258K target looms: Hodler’s Digest, July 6 – 12
2025-07-13 00:19:58
Main Idea
The article covers various cryptocurrency-related news, including Grayscale's pushback against SEC delays, Peter Schiff's advice to sell Bitcoin for silver, and high-profile NFT sales, alongside market trends and legal developments in the crypto space.
Key Points
1. Grayscale attorneys criticized the SEC for delaying approval of its Digital Large Cap ETF, citing procedural inconsistencies.
2. Peter Schiff advised selling Bitcoin for silver, predicting limited downside for silver compared to Bitcoin's volatility.
3. Snoop Dogg's NFT collection on Telegram sold out in 30 minutes, generating $12 million in sales.
4. Bitcoin analyst apsk32 predicts a potential rally to $258,000 based on historical 'power law' trends.
5. Bitzlato co-founder Anatoly Legkodymov seeks a US pardon after serving 18 months in prison, claiming political targeting.
Description
Peter Schiff calls Bitcoin a selling opportunity as it hits new highs, high-leverage trader James Wynn deactivates X account, and other news.
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- Schiff says sell Bitcoin for silver as $258K target looms: Hodler’s Digest, July 6 – 122025-07-13 00:19:58