Esperti: i deflussi di oro stanno spingendo Bitcoin più in alto

Le prospettive dell’oro sembrano attenuarsi come lo scintillio di Bitcoin Storm.

Secondo diversi esperti, una possibile ragione del notevole recente aumento dei prezzi di Bitcoin sono i massicci deflussi di investitori da un’altra popolare copertura contro l’inflazione: l’oro

L’oro spot è svenuto nell’ultima settimana, scendendo del 4,62% ​​a $ 1.857. L’asset in precedenza era salito all’unisono con Bitcoin, che è aumentato di oltre il 40% dai minimi di $ 28.000 della scorsa settimana .

In un tweet di venerdì, Charlie Morris, fondatore e CIO di ByteTree Asset Management, ha affermato che il ritiro dell’oro potrebbe essere attribuibile agli investitori che si spostano su Bitcoin:

Allo stesso modo, all’inizio della settimana, Jim Cramer, conduttore di Mad Money della CNBC, ha affermato che i deflussi dagli ETF sull’oro „andranno tutti verso le criptovalute“. Il monitoraggio degli afflussi e dei deflussi dal fondo di investimento Bitcoin di Grayscale e dagli ETF sull’oro confermano questa affermazione, poiché la scala di grigi ha eclissato l’oro:

Le mosse potrebbero essere un segno del crescente status di Bitcoin come asset class legittima. Oro e Bitcoin sono stati a lungo collegati poiché entrambi sono visti come un modo per proteggere la ricchezza dall’inflazione e dall’incertezza macroeconomica, ma se i movimenti dei prezzi nell’ultima settimana sono un’indicazione, tuttavia, Bitcoin potrebbe vincere la corsa narrativa.

In un’intervista con Bloomberg, il chief revenue officer di Coinshares Frank Spiteri ha affermato che la narrativa che circonda Bitcoin come copertura contro l’inflazione sta guadagnando terreno „di fronte a un ambiente di politica monetaria altamente non convenzionale“.

Crypto trading platform Bakkt aims to go public through merger

The trading platform for Bitcoin futures could go public through a merger.

Bakkt, a trading platform for crypto-futures that belongs to the operator of the New York Stock Exchange (NYSE), is to seek an IPO through a merger with VPC Impact Acquisition Holdings

This was reported by the business magazine Bloomberg on January 7th, citing anonymous sources who “are familiar with the matter”. According to these Crypto Genius sources, the talks are already well advanced, which is why there could possibly be a notification of execution in the coming week.

The merger would create a company with a market value of over $ 2 billion

VPC is a holding company belonging to the influential investment firm Victory Park Capital. This in turn is registered with the US Securities and Exchange Commission and has the corresponding approval. John Martin, VPC’s CEO, said that VPC’s strategy is to “find financial technology companies that we can work with and help grow”.

Bakkt was again founded in 2019 as a trading platform for crypto futures that specializes in institutional investors. The unique selling point of the platform is that it offers a „physical“ fulfillment of the Bitcoin futures traded. Last week, the Bakkt’s trading volume was $ 286 million.

The incumbent US Senator Kelly Loeffler, who lost the election for another term on Wednesday , was involved in founding the Bakkt as managing director.

The most important predictions about crypto adoption in 2020

The most important predictions about crypto adoption in 2020

Among the many opinions on cryptocurrencies, let’s take a look at the most striking quotations that have characterized 2020

Over the last decade, there has been much talk about Bitcoin (BTC) and the future of cryptocurrency. 2020 has so far been a crucial year for the industry: current events are slowly making the forecasts made in the past a reality.

Historically, the crypto world has been confined to discussions on Twitter and private chats on Telegram. Even when Bitcoin received its passing moments of fame in the mainstream media, Bitcoin Billionaire crypto-currency comments have mostly minimized its potential. Some prominent individuals even called the entire industry a scam ready to blow up.

However, the turbulent relationship between traditional financial institutions and cryptocurrency is changing. In 2020, former crypto critics such as JP Morgan extended their banking services to Bitcoin exchanges, while the impressive performance of the major cryptocurrency has become undeniable.

The opinions of influential leaders in the world of finance have a certain effect on market trends. In 2020, however, the crypto sector seems to have defeated most of its critics. Below are some of the most important quotes from 2020 that defined the trend. Some are prophetic, while others highlight the current state of Bitcoin and cryptocurrency, or describe what will happen in the future.

Are cryptos better than cash?

In 2013 and 2014, Bill Gates, philanthropist and co-founder of Microsoft, declared that „Bitcoin is better than cash because you don’t have to be physically in the same place and, of course, for large transactions, cash can become quite inconvenient.

In 2020, the relevance of Gates‘ statement continues to grow, while Bitcoin plays an increasingly important role in the world’s future cashless future. Of course, cash remains the king of payments, but a look at global financial trends reveals an imminent change. According to several reports, cash transactions are slowly disappearing in many countries. In Sweden, cash accounts for 20% of all forms of payment, while in South Korea it accounts for 14%. In addition, health concerns due to COVID-19 are expected to drive the world towards a cashless society.

However, it is clear that the end of cash could have a major impact. Although bulky and uncomfortable in some cases, it offers the easiest way to make transactions anonymously. Digital cashless payment alternatives, on the other hand, require an intermediary and do not maintain privacy. While more and more governments are promoting a transition to central bank digital currency, Bitcoin and other cryptocurrency are emerging as the best private and censorship-resistant alternative.

Bill Gates‘ comments that Bitcoin is better than money are also supported by Bitcoin’s limited offering. Because of the pandemic and the impact it has had on the economy, many governments have printed large amounts of money to stem the economic crisis. Meanwhile, Bitcoin went through a deflationary event in May: the halving of mining rewards halved the new money supply. In this regard, Robert Kiyosaki, a prominent investor and author of Rich Dad Poor Dad, has predicted that the price of Bitcoin will reach a maximum of $75,000 over the next three years.

Analista financeiro acha que Bitcoin pode chegar a 100.000 dólares nos próximos nove meses

O Bitcoin passou por um rally extremamente forte desde o mínimo de 3.500 dólares em março.

Nos recentes máximos de 19.950 dólares, a moeda subiu cerca de 470 por cento em relação a seus mínimos de março.

É o macro ativo com melhor desempenho desde meados de março, a menos que se conte o Ethereum.

Ainda assim, os analistas pensam que a Bitcoin Era tem ainda mais a ganhar nos próximos meses, citando fatores macroeconômicos destinados a impulsionar o crescimento parabólico neste espaço nascente.

A Bitcoin pode chegar a 100.000 dólares nos próximos nove meses.

Dan Tapiero, um macro investidor e touro de ouro que no ano passado adotou a moeda criptográfica, disse recentemente que ele acha que a BTC irá reunir outros 500 por cento nos próximos nove meses:

„Notável pensar que há apenas 9 meses atrás o #bitcoin estava em 4000. Quase 500% de rali até hoje. Um comício de 500% daqui nos coloca em 100k #btc. Não pense que isso pode acontecer em 9 meses, mas seria apenas uma réplica do que foi feito nos últimos 9 meses“.

O comentário de Tapiero vem apesar do fato de ele mesmo ser um grande touro Bitcoin, esperando uma inflação monetária e uma queda do dólar americano para impulsionar um crescimento extremo nos mercados de crypto-asset.

O analista financeiro e autor Preston Pysh pediu para discordar, escrevendo que ele acha que „9 meses é exatamente o que levará para os próximos 500%“. Fim de agosto de 2021″.

Enquanto Pysh não explicou seu processo de pensamento aqui, ele o explicou em podcasts e outros tópicos tweet onde discutiu a perspectiva da principal moeda criptográfica no mundo de hoje.

Grande parte de seu sentimento de alta se resume ao modelo Stock to Flow, criado pelo analista pseudônimo „PlanB“.

Para aqueles que não sabem, o modelo sugere que a ação do preço de Bitcoin está de certa forma correlacionada com o inverso da taxa de inflação, a „relação estoque/fluxo“. A relação passou recentemente por um forte aumento como resultado da redução pela metade da recompensa do bloco de maio. O modelo prevê que a Bitcoin atingirá $100.000 até o final de dezembro de 2021, o mais tardar. Isto está de acordo com o comentário de Pysh sobre o ativo que atingiu $100.000 até agosto.

Não é o único que pensa assim

Pysh está longe de ser o único que espera um crescimento exponencial adicional no próximo ciclo.

Willy Woo, um analista proeminente na cadeia, disse recentemente que um de seus modelos de ação de preços prevê que a Bitcoin se recuperará para $200.000 ou mesmo $300.000 em 2021.

O sentimento otimista de Woo está de acordo com certas tendências na cadeia que ele segue, tais como a „re-acumulação“ que está ocorrendo atualmente no mercado de Bitcoin. Woo notou que antes do mercado de touro anterior que levou a BTC da região de $500 para $20.000, ele notou uma tendência semelhante.

Outros que compartilham a crença de que a Bitcoin vai passar dos 100.000 dólares nos próximos anos incluem Tyler Winklevoss, CEO da Gemini e um bilionário da Bitcoin, e Raoul Pal, um veterano de Wall Street.

OKEx Bitcoin-Abflüsse schnellten kurz nach Wiederaufnahme der Abhebungen in die Höhe

TL:DR Aufschlüsselung:

Der Abfluss von OKEx Bitcoin stieg auf ein Niveau, das zuletzt im Mai 2019, kurz nach der Wiederherstellung des Abhebungsdienstes, zu verzeichnen war.
Einige der Münzen wurden zur Binance und anderen Börsen gebracht, darunter auch Hardware-Brieftaschen.

Vor einigen Wochen stoppte der führende maltesische digitale Währungsumtauschdienst OKEx die Abhebung von Crypto Superstar-Vermögenswerten in Abwesenheit des Inhabers des privaten Schlüssels, der Berichten zufolge der Gründer, Star Xu, gewesen sein soll. Nach seiner Rückkehr öffnete der Umtausch heute, wie bereits berichtet, wieder alle Funktionen zur Entnahme von Vermögenswerten. Die Rate der OKEx Bitcoin-Abflüsse aus der Börse stieg jedoch kurz nach Öffnung der Türen unglaublich stark an.

Berichten zufolge wurden etwa 2.822 BTC im Wert von etwa 48,7 Millionen Dollar zum aktuellen Preis von 17.269 Dollar innerhalb weniger Minuten nach Wiederaufnahme der Abhebungsdienste aus der Börse bewegt. Daten von CryptoQuant, einer On-Chain-Analyseplattform, zeigten, dass die OKEx-Bitcoin-Abflüsse der größte Einzelblockabfluss waren, der zuletzt nach Mai 2019 beobachtet wurde.

#OKEx-Statistiken

– OKex BTC-Reserve: 101.686 => 98.821 BTC
– 2.822 BTC-Abflüsse sind erfolgt
– 446 BTC nach #Binance verlegt
– 54 Konten zogen ihre $BTC

Quelle: https://t.co/tAPwJdhpw4 pic.twitter.com/dkWOsQh8ZZ

– Freimaurer Jang (@mason_jang) 26. November 2020

Abgesehen von dem kollabierenden Preis von Bitcoin deutet die Zunahme der OKEx Bitcoin-Ausgaben darauf hin, dass die Benutzer immer noch in Panik sind.

OKEx Bitcoin-Abflüsse stiegen auf den Stand von Mai 2019

Die Aussetzung des Abhebungsdienstes am 16. Oktober hat bei den meisten Tauschteilnehmern Besorgnis über die Sicherheit ihrer Münzen ausgelöst. Die Ankündigung führte zu einem starken Preisverfall der einheimischen Tauschmünze, der so genannten OKB-Münze. Nachdem sie über einen Monat lang aus ihren Kryptos ausgesperrt waren, scheinen die Benutzer zu einem anderen Umtausch zu wechseln, wie bei den Bitcoin-Transfers zu beobachten war.

Berichten zufolge wurden etwa 456 Bitcoins an die führende Börse, allein Binance, transferiert, während andere Börsen etwa 400 Bitcoins erhielten. Einige der Münzen wurden auch zur direkten Verwahrung an etwa 54 Adressen transferiert. Beachten Sie, dass OKEx nicht das einzige Unternehmen ist, das enorme Abflüsse von Bitcoin erlebt hat. Vor der Wiederaufnahme wurden innerhalb der letzten 24 Stunden etwa 1,1 Milliarden Dollar an Bitcoin von den Börsen abgezogen.

Stellar (XLM) behoudt 120% winst, het herstel van Bitcoin en Altcoins begint, maar het is tijd om op te letten

Op 26 november zag de cryptocurrency-markt een enorme kortetermijncorrectie. De eerste en grootste cryptocurrency, Bitcoin, zakte naar dieptepunten van $ 16.200, terwijl Ethereum (ETH) dieptepunt op $ 485.

Andere Altcoins vielen tijdens het bloedbad toen het hele marktterrein werd geveegd met rode verf

Temidden van de marktdalingen behield Stellar (XLM) zijn wekelijkse winst van 120% en handelde op $ 0,20 op het moment van schrijven om op de 9e plaats te komen qua marktkapitalisatie. In de afgelopen 24 uur begon de markt tekenen van herstel te vertonen, waarbij Bitcoin ruim boven de $ 17.000 bleef en piekte op $ 17.739. Bitcoin Lifestyle is gestegen naar $ 539. Ripple won de afgelopen 24 uur 15,58% om te handelen tegen $ 0,62. Cardano (ADA) is de afgelopen 24 uur 22 procent gestegen.

Bitcoin Cash (BCH), Chainlink (LINK) en Litecoin (LTC ) zijn ook respectievelijk 7,1%, 8,08% en 8,2% gestegen.

Herstel van cryptomarkt begint, maar het is tijd om op te letten

Het grootste deel van de dag bleef Bitcoin boven de $ 17.000 en piekte op $ 17.789, wat erop wijst dat BTC geleidelijk zijn momentum terugkrijgt.

Toch sluiten sommige handelaren de mogelijkheid van een lagere BTC niet uit. Een pseudonieme handelaar „Wolf“ zei dat de wekelijkse BTC-chart tekenen van overextensie vertoont, wat een hertest van de $ 13.000-regio zou kunnen veroorzaken. Een andere handelaar met de bijnaam „Crypto Capo“ verklaarde dat hij een scenario ziet spelen waarbij BTC stijgt naar $ 18.000 en vervolgens daalt naar de regio $ 13.000.

Sommige analisten denken echter dat er na zo’n grote correctie enige consolidatie te verwachten is, aangezien de prijs op zoek is naar stabiliteit.

Een positieve trend is dat kopers agressief het ondersteuningsgebied van $ 16.411 hebben verdedigd, dat wordt gekenmerkt door walvisclusters. Hieruit blijkt dat er voldoende afnemersvraag in de markt is om een ​​bredere pullback te voorkomen, althans op korte termijn.

Bitcoin steigt, Coinbase sinkt: Börsenausfälle und Empörung der Händler

Coinbase hat seit März mehrere Ausfälle erlitten, die häufig mit volatilen Bitcoin-Handelstagen zusammenfallen.

Coinbase scheint ein Kapazitätsproblem zu haben

Benutzer haben jahrelang darauf hingewiesen, dass der Austausch manchmal ohne Vorwarnung offline geht, wenn Bitcoin Era und andere Krypto-Assets besonders volatil sind. Diese Ausfälle können Kunden daran hindern, ihre Krypto-Assets zu kaufen oder zu verkaufen, und werden von Händlern im Allgemeinen als ungünstig angesehen .

Zwischen März und November verzeichnete die Börse neun verschiedene Probleme, die zu verschiedenen Arten von Ausfällen oder Konnektivitätsproblemen führten, obwohl die direkten Auswirkungen auf die Kunden in einigen Fällen etwas unklar sind. Die Probleme scheinen in ihrem Schweregrad unterschiedlich zu sein. Das Hauptstatus-Update, das Coinbase in solchen Zeiten veröffentlicht hat, lautet: „Bei Coinbase.com treten Verbindungsprobleme auf.“

Vier dieser Fälle fielen laut 30-minütigen Preiskerzen auf TradingView.com mit volatilen Bitcoin-Preisbewegungen zusammen

Am 29. April meldete Coinbase Konnektivitätsprobleme. In einer später veröffentlichten Aktualisierung des Status schien Coinbase.com an diesem Tag zwischen 10:00 und 12:30 Uhr PDT Probleme zu haben. Der Preis von Bitcoin bewegte sich in diesem Zeitfenster um 4,54%. Cointelegraph berichtete zuvor über Plattformschwierigkeiten an diesem Tag.

Am 9. Mai informierte Coinbase die Öffentlichkeit über eine weitere Schwierigkeit und stellte erneut fest: „Bei Coinbase.com treten Verbindungsprobleme auf.“ Diesmal bewegte sich der Preis von Bitcoin zwischen 17:00 Uhr und 18:00 Uhr PDT um 15,26% – das Zeitfenster zeigte Schwierigkeiten, basierend auf dem Status, der auch zusätzliche Details enthielt, die einige Tage später veröffentlicht wurden.

LA VENTE DE BITCOIN S’INTENSIFIE CHEZ LES DÉTENTEURS À LONG TERME, SELON LA RECHERCHE

Les investisseurs qui détenaient Bitcoin depuis plus longtemps le vendent maintenant pour s’assurer des profits immédiats, selon Glassnode.

La plateforme de renseignements sur la chaîne a étudié les entités Bitcoin et l’offre qu’elles détiennent dans leurs portefeuilles. Elle a ensuite divisé les résultats en deux catégories : Les détenteurs à long terme et les détenteurs à court terme.

Comme l’a expliqué Glassnode, les détenteurs à long terme, ou LTH, sont les portefeuilles qui ont détenu des bitcoins pendant plus de 155 jours d’affilée. De même, les détenteurs à court terme (STH) sont les portefeuilles qui ont transféré leurs jetons Bitcoin à d’autres adresses au cours des 154 premiers jours suivant leur achat.

La plateforme a opposé les relevés des LTH et des STH, constatant que l’offre des premiers a chuté à 12,3 millions de CTB le 19 novembre, contre 12,6 millions de CTB le 23 octobre. D’autre part, l’offre de STH a augmenté, ce qui montre que les investisseurs sérieux vendent leurs participations pour s’assurer des gains.

NE PAS PORTER

Un exercice de vente par les investisseurs à long terme n’a pas mis de pression négative sur le marché des bitcoins. De manière surprenante, il s’est avéré être haussier pour la cryptocouronne.

Glassnode a esquissé l’offre de LTH sur le graphique des prix de Bitcoin pour comprendre leur corrélation. La plateforme a constaté que les changements de la première affectaient la seconde de manière inverse. Cela dit, lorsque l’offre de LTH augmente, le prix de Bitcoin Code baisse. À l’inverse, lorsqu’il diminue, la cryptocourant commence un „bull run“.

„Actuellement, nous constatons une pointe à la baisse, indiquant que la CTB des hodlers a commencé à se déplacer sur la chaîne, en réaction à la récente appréciation des prix“, a déclaré M. Glassnode. „Notez que cela a été couramment observé dans les cycles précédents également, et indique que nous sommes potentiellement au début d’un „bull run““.

En attendant, le prix de Bitcoin s’apprécie lorsque l’offre du STH augmente. Selon Glassnode, cela indique clairement que les anciennes réserves de devises cryptographiques sont réactivées sur les marchés haussiers pour le négoce.

„Actuellement, 12 millions de BTC de l’offre LTH (~97%) et 3,5 millions de l’offre STH (~97%) sont en situation de profit“, a ajouté la firme.

PERSPECTIVES BITCOIN

L’étude de Glassnode arrive alors que le prix de Bitcoin a atteint son plus haut niveau depuis trois ans, soit près de 18 000 dollars. Il représente près de 147 % sur une période de douze mois, en raison de la dépréciation du dollar américain dans un contexte de taux d’intérêt extrêmement bas et de politiques d’achat d’obligations à l’infini de la Réserve fédérale.

Les analystes prévoient que le taux de change BTC/USD reviendra vers son niveau record de près de 20 000 dollars. C’est parce que les bitcoins sont plus rares, divisibles et facilement transférables. Cela rend techniquement la cryptocouronne supérieure à l’or, un actif de couverture de 9 000 milliards de dollars.

„Là où l’or est une ancienne réserve de valeur, le bitcoin est une réserve de valeur *nascent* avec des propriétés monétaires supérieures à celles de l’or“, a déclaré Vijay Boyapati, un éminent chercheur en cryptographie.

„Si l’on devait croire qu’il éclipse la capitalisation boursière de l’or, en raison de ces propriétés supérieures, le Bitcoin devient un pari asymétrique très attractif“, a-t-il ajouté.

An error on Opensea costs an unlucky user 60 ETH

A few hours ago on Opensea the Pteria DAO sold an NFT depicting the famous YouTuber PewDiePie at a record 60 ETH.

Unfortunately, however, the buyer made a mistake and immediately accepted an offer for the same NFT, selling it for 1 ETH. A loss, in short, of no less than 59 ETHs, or no less than $23,600 at the current exchange rate.

In addition to the loss, there is also the hoax: since the NFT entitles the NFT to receive sales of the Pewdiepie Skin within the Wallem mobile game, after a few hours the lucky anonymous 1 ETH buyer received about 300 Pteria ($1200) from the Pteria DAO on his address.

But let’s go with order.

Pteria and the relationship with Wallem

Pteria is a DAO born a few days ago that issued 21 million PTERIA tokens, of which 2.5 million have been allocated to the Wallem gaming app that uses them as internal gaming currency.

Wallem works a bit like Pokemon Go™ but to capture crypto and other products. Every user has an avatar – also known as a gaming skin.

Almost all of these skins have their own NFT equivalent for sale on Opensea, so anyone who buys the non-fungible token is entitled to 10% of all the cryptos collected from the same character’s skin and 100% of all the PTERIA spent to buy the skin in the app, at least in the case of the PewDiePie character, YouTuber from 107M followers who is promoting the Wallem project.

What happened on Opensea?

The first of these PewDiePiePie NFTs, as it allows high profits, was sold at 57.75 ETH two days ago, while the second was sold today at the record price of 60 ETHs.

„I checked on Opensea, I was driving and wasn’t very careful. I also don’t really know how the WETH works, the icon that was next to the number „1“. I saw something in quantity 1 and accepted. Afterwards I received an email saying „Congratulations! You sold your NFT PewDiePie for 1 WETH“. I started screaming and called a blockchain expert friend of mine crying,“ the user explained.

To err, however, is human and the unfortunate buyer made a few too many clicks and sold the NFT PewDiePie for 1 ETH by mistake.

Now we’ll have to see if Opensea can intervene in any way or if the Pteria AED will compensate the unfortunate person.

„I hope there will be a happy ending,“ said the confident user.

If this were Aesop’s fairy tale, the moral would be that you don’t stay on the phone while driving!

Bitcoin and the liberation of the US? – Rapper Kayne West is Pro BTC

The US rapper Kayne West is one of the most famous stars in the USA. The billionaire, who is also running as an independent candidate for the US presidential election this year, commented on Bitcoin and its potential in a recent YouTube interview. The rapper and fashion designer gave interesting insights into his point of view.

West attests the crypto currency Bitcoin, for example, the potential to “liberate the USA.” In this article we take a closer look at the rapper’s quite exciting statements.

Bitcoin as a US liberation? – Kayne West

Kayne West is considered a controversial figure. His statements appear again and again to outsiders as bizarre and sometimes crazy. However, West has undoubtedly built an empire, which is based in particular on the two pillars of „music“ and „clothing“.

However, West is not satisfied with this situation and is running as an independent candidate for the US presidential election this year. In the foreground of his campaign is his relationship to God and religion.

However, anyone who thinks of a conservative picture is wrong. In the current podcast interview with Joe Rogan, Kayne West spoke about Bitcoin and his views on cryptocurrency .

Above all, he showed his appreciation for the „Bitcoin geniuses“ who show true foresight and believe in sustainable change in society.

These people have a look at the way true liberation of America and society can look like.

West said that many personalities from the “tech spectrum” push the boundaries forward and thus help shape social change.

Many of these tech people, but especially the Bitcoin people, have been able to take advantage of the new avenues, even the new avenues of information and technology, while pushing the boundaries further. The political system, on the other hand, is still clinging to old values ​​and the classic electoral college.

Companies like Square or Microstrategy as pioneers

Kayne West emphasized in the interview that he had prepared intensively for the talk. For example, he spoke to venture capitalist Anthony Schiller and Coinbase co-founder Fred Ehrsam.

In this respect, West spoke to personalities from the cryptospace who were able to give him interesting insights. In the course of this, the rapper also emphasized the pioneering role of companies like Square or Microstrategy, which had set a stone in motion.

Interestingly enough, Joe Rogan also said after the interview that it “far exceeded his expectations”. Rogan has interviewed several US presidents in the past and made it clear that with Kayne West you can actually understand „how this man thinks“

The rapper emphasized several positive aspects of Bitcoin in the interview. What is your opinion on what Kayne West said?