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1869: “This Is The Only Reason Bitcoin Reaches $1,000,000 in 2025”

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Manage episode 459462729 series 2835096
Kandungan disediakan oleh Justin Verrengia. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Justin Verrengia atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Bitwise IT director Jeff Park believes that the success of Bitcoin adoption in the U.S. could push the price to $1 million per coin or higher: “The idea of a federal strategic bitcoin reserve in 2025 is an event with a less than 10% probability of happening. This is the only reason bitcoin could reach $1 million or higher in 2025.”

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1368 episod

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iconKongsi
 
Manage episode 459462729 series 2835096
Kandungan disediakan oleh Justin Verrengia. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Justin Verrengia atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Bitwise IT director Jeff Park believes that the success of Bitcoin adoption in the U.S. could push the price to $1 million per coin or higher: “The idea of a federal strategic bitcoin reserve in 2025 is an event with a less than 10% probability of happening. This is the only reason bitcoin could reach $1 million or higher in 2025.”

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1368 episod

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Bitcoin may see a brief correction to the $72,000 support as an imminent market recovery remains limited by a lack of crypto investor sentiment, which has dropped to lows not seen since 2022. Meanwhile Standard Chartered Bank predicts the Bitcoin price could spark 6x to $500,000 per coin. Learn more about your ad choices. Visit megaphone.fm/adchoices…
 
Bitcoin strategic reserve legislation at the state level might prompt the US government to adopt a strategic reserve at the federal level with Texas Senate Bill 21 (SB-21), establishing a Bitcoin and crypto strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor for further deliberation. Learn more about your ad choices. Visit megaphone.fm/adchoices…
 
BitMEX co-founder Arthur Hayes says that Bitcoin could potentially fall to $70,000 if large hedge funds unwind their positions in US Bitcoin ETF's, while Ash Crypto shared: "So you are telling me Bitcoin dumped more than $10k in 2 days without any major negative news?? This is pure MANIPULATION!!! All These Big fucking exchanges and market makers are liquidating people and making millions with volatility. A Typical Wall Street playbook." Learn more about your ad choices. Visit megaphone.fm/adchoices…
 
Strategy buys 20,356 Bitcoin for almost $2B, Michael Saylor announces with their BTC holdings now at 499,096 BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin. “There’s only room for one nation-state to buy up 20% (4,200,000 BTC) of the network, and obviously, I think it should be the United States.” - Michael Saylor Learn more about your ad choices. Visit megaphone.fm/adchoices…
 
Trump tells Abu Dhabi Bitcoin will hit $1,000,000 per coin. Abu Dhabi's Sovereign Wealth Fund buys $436M in Bitcoin ETFs and Max Keiser responds: "Max & Stacy strike again. The Mideast dam of demand has burst. Trillion dollar buy orders on tap. God Candle incoming. $2,200,000 in play." Learn more about your ad choices. Visit megaphone.fm/adchoices…
 
Strategy founder Michael Saylor has stressed the importance of America having a strategic Bitcoin reserve, suggesting that it should buy up 20% of the BTC network. “There’s only room for one nation-state to buy up 20% of the network, and obviously, I think it should be the United States, I think it will be the United States,” Saylor said at the CPAC conservative movement conference in Washington DC on Feb. 20. Learn more about your ad choices. Visit megaphone.fm/adchoices…
 
In 2009, Hal Finney, one of Bitcoin’s earliest adopters, ran a theoretical calculation to estimate Bitcoin’s long-term value, suggesting a run-up of $10,000,000 per BTC. He assumed that if Bitcoin were to become the dominant global currency or a key store of value, its total market capitalization would need to match the world’s total wealth. Learn more about your ad choices. Visit megaphone.fm/adchoices…
 
A full transparent audit of The Fort Knox gold supply could absolutely trigger the Bitcoin price to skyrocket to $5,000,000 per coin. Michael Saylor predicts Bitcoin will reach $5 million per BTC, citing three major catalysts — a spot Bitcoin ETF, bank custody with lending, and fair value accounting for BTC on corporate balance sheets. Learn more about your ad choices. Visit megaphone.fm/adchoices…
 
New filings show that the Abu Dhabi Sovereign Wealth Fund has accumulated hundreds of millions of dollars worth of BlackRock’s Bitcoin ETF (exchange-traded fund). Nayib Bukele, Michael Saylor and Max Keiser just met at the presidential palace on Tuesday to discuss how El Salvador could help speed up global Bitcoin adoption. "The Mideast dam of demand has burst. Trillion dollar buy orders on tap. God Candle incoming. $2,200,000 in play." - Max Keiser Learn more about your ad choices. Visit megaphone.fm/adchoices…
 
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