← Bitcoin News Alerts | Daily BTC Macro Signal
Bitcoin News Alerts | Daily BTC Macro Signal
1849: Trump Confirms Bitcoin Reserve Plan Sending BTC to $740,000
00:30:08
Donald Trump has firmly embraced Bitcoin and Crypto this year as a leak reveals Russia could be about to start a BTC cold war which can send the BTC price to $740,000 per coin by April, 2025.
Loading summary
Transcript21 lines
- [00:02]
Amazon Prime Advertiser
This episode is brought to you by Amazon Prime. There's nothing sweeter than baking cookies during the holidays. With Prime, I get all my ingredients delivered right to my door, fast and free. No last minute store trips needed. And of course I blast my favorite holiday playlist on Amazon Music. It's the ultimate soundtrack for creating unforgettable memories. From streaming to shopping. It's on Prime. Visit Amazon.comprime to get more out of whatever you're into.
- [00:28]
Ryan Reynolds
Ryan Reynolds here for Mint Mobile. You know one of the perks about having four kids that you know about is actually getting a direct line to the big man up north. And this year he wants you to know the best gift that you can give someone is the gift of Mint Mobile's Unlimited Wireless for $15 a month. Now you don't even need to wrap it. Give it a try@mintmobile.com switch $45 upfront payment required equivalent to $15 per month new customers on first 3 month plan only taxes and fees extra small speed slower above 40 gigabytes on unlimited. See mint mobile.com for details.
- [00:58]
JV
Let's go. Welcome everyone to the pod. Bitcoin's breaking out above 103 price discovery is in play. Higher numbers are on the way. Welcome everyone to today's live stream. In today's show, I'll be breaking down the latest bitcoin technical analysis. Also the latest from Max Kaiser who says hash precedes the price. The new hash rate adjusted inferred price for Bitcoin is now over 500 150,000 per coin. The high Priest has spoken. He also says 200 trillion in global bonds are being demonetized by the Bitty and Sailor Micro strategy figured out how to accelerate the demonetization by a factor of 100x 2.2 million per bitcoin in play. Send it. And Adam Back says if the US Strategic Bitcoin Reserve happens, prepare for 7 figure BTC 7 figure Bitcoin in play. Let's freaking go. We're also going to be discussing the latest breaking news with Michael Sailor's micro strategy entering the NASDAQ 100. That's right. As well as Sailor expects Marathon to be the next bitcoin firm to join the NASDAQ 100 as well as Bitcoin mining giant Riot platforms adds more than 510 million worth of the Bitty to the corporate treasury. Let's freaking go. As well as Pantera Capital founder projects Bitcoin market cap to sort of 15 trillion with 740,000 in play by April of 2028 and a Forbes headline says Trump confirms bitcoin reserve plan's $15 trillion bitcoin price predicted. And they even say that interestingly enough, there is a a cold war for the bitcoin race. Max Kaiser predicted this a long time ago called the hash wars in play with Russia, the many other nations all around the world. All this plus so much more in today's show. Yo, what's good Crypto fam. This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at crypton news alerts.net again that's crypton news alerts.net today is pod episode 1849. I'm your host JV. It's December 15, 2024. We're just a few hundo away from price discovery. The current all time high is 104 and we already flirted at 1036 here today we're still above 103 and today may be the big day. May ascend right to 111, 120. Let's soon find out. They say F around find out. Let's go. But anyways, checking out our market watch as we do each and every day you can see bitcoin in the green ether. In the green. XRP in the green. Everything in the green. Green, green, green. Love it. In the green. And checking out coinmarketcap.com the current crypto market cap I'm going to propose it's in a all time high or very close to it. 3.66 trillion. Bitcoin market cap is above 2 trillion at an all time high and we have 128 billion worth of volume for the past 24 hours and a bitcoin dominance is looks like just shy of 56.55.7% ether dominance 12.9% checking out top 100 crypto gainers past 24 hours. We got Athena leading the pack followed by Stacks followed by Jasmine. Let me know which alts if any you're bullish on for the bull. And checking out the crypto bubbles. As you can see we bubble it today. The majority of the market pumping and in the green which we love to see zooing out on the monthly. Many impressive gainers, multiple hundreds of percent in the green as bull season is here. And checking out the time chain calendar we have 175,000 blocks to go into the next having and we're currently on block 874,876 and if you don't know, approximately every 10 minutes we get the new block Tik Tok next block since the inception of the Genesis block. And right now you can trade US$1 monopoly fiat tulip bulb mania for 974sats. So sub 1000sats per dollar. And there you have it. Let's dive into today's technical analysis AKA astrology for the bros. We have the charts pulled up. This is the one hour chart for the bitty. You can see there is a rising wedgie and the only type of wedgie which is a net positive is the rising wedgie. So bullish and zooming out. We'll check out the four hour. This is live via Trading View via Coinbase. Also the rising wedgie. We do have a green target you can see on your screen which is a bullish pennant at 108. That's the next logical target. Once we enter price discovery of 104, I think we hit 108, 111, 115, 120 and I've been calling for 124,000 target in play here in Q4. We still have two weeks yet of the bullish for the month of December.
- [05:58]
Lifelock Advertiser
Zooming out this episode is brought to you by Lifelock.
- [06:02]
The holidays mean more travel, more shopping, more time online and more personal info in places that could expose you to identity theft. That's why Lifelock monitors millions of data points every second. If your identity is stolen, their US based restoration specialist will fix it, guaranteed or your money back. Get more holiday fun and less holiday worry with Lifelock. Save up to 40% in your first year. Visit lifelock.com podcast terms apply from the four hour.
- [06:30]
JV
Take a quick look at the one day and you can see how lit this is. I mean this is the highest we have ever been. Look at the charts. Man speaks volumes. Just another green daily candle being printed. Again, less than a thousand from price discovery. You got to love it. Respect the pump. And zooming out from the Daily, we'll check out the weekly real quick. And as you can see we're going to get actually a new weekly close which will be the highest of all time probably in a few hours, I think around 7pm today. And you can see the cup and handle Target sitting at 124,000. Looking very sexy. And zooming out from the Weekly, take a quick look at the monthly, very bullish as well. You saw the Movember candle, the biggest we have ever seen. Approximately a 30,000 fiat currency gain for the month. And we're printing another green bullish candle. So you already know there's the bullishness in in the market. Max wrote this tweet Hash precedes the price. The new hash rate adjusted inferred price for Bitcoin is now over $550,000 per coin. You can see 800 exahasses per second just breaking through. Look at that chart. Speaks volumes. Max also says 200 trillion in the global bonds are being demonetized by the Bitty and Sailor. And Micro Strategy figured out how to accelerate the demonetization by a factor of 100x 2.2 million in play. Also breaking news. Adam Back the Bitcoin OG says if the US strategic Bitcoin reserve happens, prepare for the seven figure bitcoin send it. And now also former prime minister of Thailand says bitcoin's going to 850,000 homies. Are you ready for $850,000? Biddy, you let me know. Is Asia ready? I think so. I think the global hash wars are in play. We're going to be discussing that here. Our future story of the day. Yeah, I mean so stick around. But now let's get to our next story. Now we got some of the headlines out of the way. Here's the latest with Micro Strategy entering the Nasdaq. One hundo which a lot of people said would never happen. Take that naysayers. Headline here reads I should be able to see on your screen right here. Michael Sailors MicroStrategy enters the NASDAQ 100. Yeah, that's right. Starting December 23rd, which is next week. Big week for MicroStrategy, one of the three companies to be added to the index alongside Palantir Tech and Axon Enterprise, According to the December 13 statement published by the Nasdaq. So this is official. Meanwhile, Illumina Super Microcomputer and Moderna will be removed from the index. The listing means Micro Strategy, the software company that became the de facto bitcoin hedge fund in 2020, is among the Nasdaq's 100 largest stocks by market cap. December 11th they reported the inclusion in the Nasdaq 100 will add MicroStrategy to the portfolio of Invesco Triple Q Trust, an exchange traded fund with approximately 322 billion in assets under management. Pretty wild. The crypto industry was quick to react to the announcement. Crypto analyst William Clemente shared. Now that MicroStrategy is getting added to the Nasdaq, every large pension fund, sovereign wealth fund, an individual retirement account in the world is going to have the bitty exposure. Bitwise Invest, head of the Alpha Strategies said the trade of the decade is just getting started. Buckle up. Also we have Hartman Capital founder says this news is not priced in until the public markets open and I guess that market doesn't open till tomorrow. Tomorrow we should see a very bullish sentiment in the markets here. Obviously Sunday the stock markets close. The bitty never sleeps. Quoting them here. Further any active manager benchmarking against the NASDAQ will now need to compete against the leverage bitty. This means most managers will hedge the this underperformance risks with likely direct exposure to either Bitcoin or micro strategy. It comes days after Microsoft shareholders voted against the resolution to add Bitcoin to the company balance sheet during the Firm's meeting on December 10th. Sucks for them. And on December 1st Microsoft's board of heard a three minute speech from sailor which we shared on the stream who claimed Microsoft could add almost 5 trillion to the market cap if it were to go all in on bitcoin quitting them here. Microsoft can't afford to miss the next tech wave, the Bitcoin wave, Sailor said in the pitch for Microsoft to convert its cash flows, dividend payouts, debt and stock buybacks into Bitcoin. And breaking news here for the sixth week in a row, Michael Sailor post a Sailor Bitcoin tracker. This always tells us the following day Sailor makes an announcement purchasing another, you know, few billion dollars worth of bitcoin. So I expect that tomorrow, Monday when the markets are open, expect an announcement from Michael Sail that he just purchased another few billion dollars worth of bitcoin. Like it ain't no thing. But there you go, it ain't no thing. Like a chicken wing. Let's go. But anyways, churches in session. So next story of the day, let's discuss.
- [11:32]
Ryan Reynolds
Okay, I have to tell you, I was just looking on ebay where I go for all kinds of things I love.
- [11:37]
Lifelock Advertiser
And there it was, that hologram trading card.
- [11:40]
One of the rarest.
- [11:41]
The last one I needed for my set.
- [11:43]
Amazon Prime Advertiser
Shiny like the designer handbag of my dream. One of a kind. Ebay had it. And now everyone's asking oh, where'd you.
- [11:50]
AWS Advertiser
Get your windshield wipers? Ebay has all the parts that fit my car.
- [11:54]
Lifelock Advertiser
No more annoying, just beautiful.
- [11:58]
Ryan Reynolds
Whatever you love, find it on Ebay. Ebay things people love.
- [12:02]
JV
A marathon. Big, big, big. This Sailor expects Marathon to be the next bitcoin firm to join the NASDAQ. One hundo. That's right. MicroStrategy founder and Bitcoin bull Mikey Sailor has tipped the crypto miner Marathon holdings to be the amongst the bitcoin firms to join the NAS one hundo he says. Thanks Fred. I expect Marathon will be next, he said in a post responding to Marathon's holding Chairman and CEO Fred Thiel, who congratulated Sailor on Micro Strategies inclusion in the Nasdaq 100, which was announced on the 13th. Marathon aims for the Nasdaq. That's right, TH said. Marathon is working hard to get there. The crypto miner has spent more than 600 million on Bitcoin in the last two months, according to the Dec. 2 filing. With the U.S. sEC. Being included in the NASDAQ one hundo means the company is one of the 100 biggest on the NASDAQ exchange by market cap. MicroStrategy closed the trading week Dec. 13 with a market cap of 94 billion according to the finance charts. Meanwhile, Marathon clocked a market cap of 7.3 billion. Hot damn. And as far as the prices, Marathon closed the trading week December 13th at 22.73 as you can see here, up up almost 17% over the past six months, according to Google Finance. Micro strategy closed at 408 bucks, up 173% over the past six months. Let me know if any of you got exposure to MicroStrategy, Marathon or any of those mining stocks. And for new companies to join the Nasdaq one hundo others must be removed. And while Micro Strategy was one of the three firms added, Illumina, Super Microcomputer and Moderna were all removed. Take that. And also reported Marathon urged the US to act more aggressively to secure dominant positions in bitcoin and bitcoin mining, claiming it's a matter of national security, the US faces an urgent need to secure its economic and national security interests. The miner added that the US needs to take the lead in holding Bitcoin just like it has with gold, particularly with the rising trend of the dollarization countries shedding reliance on the US dollar. So there you have it yo. But let's continue with our next headline, shall we? Another 500 million dollar buy like it ain't no thing. Bitcoin mining giant Riot Platforms adds more than a 510 million worth of Bitcoin to the corporate treasury. We call this the Sailor put Publicly traded Bitcoin mining firm Riot added a massive half a billion dollars to its corporate treasury of the bitty. In the new announcement. Riot says it used the company issue bonds to generate revenue to purchase 5117 Bitcoin at an average price of 99, 669 per token, quitting them here with the net proceeds from riots recent 525 million 3/4 of a percent coupon convertible bond issue. The company has acquired 5100 Bitcoin, an average price of 99, 600 per biddy inclusive of fees and expenses. As a result, Riot has increased ITS holdings to 16,728 BTC as of December 11, currently valued at approximately 1.68 billion based on the current market price of Bitcoin of 100 GS. MicroStrategy founder and executive chair Sailor highlighted Riot's latest Bitcoin purchase as he encourages more companies to consider Bitcoin as a Treasury asset. He pioneered the strategy with Micro Strategy, which has the largest corporate holding of Bitcoin in the world and the first publicly traded company to adopt Bitcoin. Riot has Bitcoin treasury strategy. Micro Strategy also made a recent buy of Bitcoin this month, bringing the total holdings to 423650 BTC and I have a strong feeling he's going to announce another major acquisition tomorrow, so we'll see if that plays out the way I expect it. Micro Strategy already controls roughly 2% of the circulating Bitcoin supply and Black Rock has now over 500,000 Bitcoin. It's mindboggling. And we also have another company, Similar Scientific added hundreds of Bitcoin to its stash earlier this month. Similar scientific acquired 303 bitcoin for roughly 30 million at 96,000 per bitcoin and has generated a bitcoin yield of 54% quarter to date and roughly 79% since adopting our Bitcoin treasury strategy in May. We call that the Sailor put and all the companies adopting the Bitcoin as a Treasury reserve asset are crushing it. Next we're going to have the United States of America from a nation state level adoption a Bitcoin strategic reserve. We got the confirmation from Trump's team. We're going to be discussing that headline a little later on and we also have the race as other nations around the world, Russia, China looking to stack Vidi as well. As we're sitting above 103, let's discuss this 15 trillion market cap 740,000 target and also the United States adopting Bitcoin as a strategic reserve asset. So these are our two featured stories of the day. I always say the the best for last.
- [17:01]
AWS Advertiser
This episode is brought to you by aws. Amazon Q Business is the new Generative AI Assistant from aws. Many tasks can make business slow, like wading through mud. Help luckily, there's a faster, easier, less messy choice. Amazon Q can securely understand your business data to help you streamline tasks like summarizing quarterly results or doing complex analyses in no time. Q got this. Learn what Amazon Q Business can do for you@aws.com learnmore and then we'll tap.
- [17:31]
JV
Into some live Q A and go from there. And again, welcome everyone joining the live stream. Pantera Capital founder Dan Morehead projects bitcoin market cap to soar to 15 trillion today we're roughly just above 2 trillion. So that's roughly a 7 1/2 x. And just run the math. If the market cap did a 7 1/2 x, where would that take the Bitcoin price from 1007 1/2 x? We're talking. I'm ballparking it. 800, 000 per coin. So let's break this one down. Dan Morehead, founder and managing partner of Pentera Capital, has reiterated his bullish stance on the bitty, predicting the pioneering crypto could eventually command a 15 trillion market cap. Morehead's comments came during a recent interview on CNBC's Squawk Box. Let me know if you guys were able to watch that. He highlighted Pentor's original Bitcoin fund surpassing a thousand X return. They actually started adopting Bitcoin back in 2013, well ahead of the curb, 740, 000 Bitcoin in play by April 2028. Why not? According to Morehead, the institutional exposure to crypto is still woefully inadequate. He notes the median institutional ownership of the blockchain is zero, and even trailblazing investors typically hold 1 to 2% of their allocations in digital assets. He characterized the opportunity as massive, citing 95% of financial wealth has has no investments in blockchain whatsoever, which translates to minimal overall exposure, often a fraction of a percent. I mean, obviously the smart money would be all in, but they are right 1 to 2%. What is that? At the end of the day, it's nothing. Reflecting on the early days of crypto, Morehead recalls years of unclear regulations deterring institutions from making the meaningful commitments. With Trump to take office January 20, he envisions more supportive frameworks for digital assets, hinting that the US Government could mirror its early Internet error Strategy. There we go. 93% of the crypto market cap is based outside the US so let's go. We need more domestic regulatory clarity, and I think that's exactly what we're going to get in the United States. With Gary Gensler leaving the sec. So if you're watching the stream Gary, go home and get your shine box. You're not wanted around yonder. And when asked about the possibility of Trump establishing a strategic bitcoin reserve, here's what More had commented. I think there are two versions of that. One is that the President elect said he will not sell the bitcoin and the US or which they own. I think they own 200 000ish. The United States owns 1% of the world's bitcoins. That seems easier to do than getting passaged by additional bitcoin. I think it's a great strategy. The US Is the reserve currency of the world. We don't have another currency to save our reserves in. So saving in bitcoin will be a great strategic move. Move. And despite Bitcoin's meteoric gains, Morehead believes there is room for further growth, especially as many large investors remain skeptical. He recounted raising only 1 million during the 170 investor meetings in 2016. That's crazy. An experience that reinforced the notion that widespread adoption was still years away. Now, with the mainstream financial giants offering bitcoin, Morehead no longer worries about the bitcoin price going to zero, quitting them here. 50 million people in the US, 300 million globally own it. BlackRock and Fidelity are selling it. It has reached the escape velocity. I couldn't agree more. And looking ahead more head outlined division of the bitcoin market cap reaching 15 trillion with the price potentially rising to 740 GS. Quoting them here, it has gone up three orders of magnitude since we launched our fun. I think it can go up a fourth and that puts it at a 15 trillion market cap roughly seven and a half effects from here, which seems relatively small still compared to the 500 trillion of financial assets. Referring to the total addressable market and the financial landscape that is doable. In a recent investor note, Morehead revealed that bitcoin could reach the target as early as April of 2028. Let me know if you agree or disagree with Dan Morehead of Pentara Capital. 740 GS in play with a 7 1/2x market cap for this particular cycle. Let's go. And again that take us close to the seven figure milestone and we just achieved six figures here recently like two weeks ago. All right fam. Now for our featured story of the day. With Trump adopting Bitcoin as a strategic reserve for the United States of America and what this means for the global hash wars and everything going on right now, this is A brand new Forbes article. The headline reads trump confirms Bitcoin reserve plans, referring to Trump's team. 15 trillion price boom predicted. So let's break this baby down. Trump has firmly embraced bitcoin and crypto this year as a leak reveals Russia could be about to start a bitcoin cold war. The bitcoin price has skyrocketed past 100 GS on the back of Trump's November election. We've been pumping every day since with the chief executive of a major Wall street giant admitting to the Bitcoin FOMO. Deck your home with blinds.com DIY or let us install free design consultation.
- [22:51]
Lifelock Advertiser
Plus.
- [22:52]
JV
Free samples and free shipping.
- [22:55]
Ryan Reynolds
Head to blinds.com now for up to.
- [22:57]
JV
45% off sale styles plus a free professional measure. Rules and restrictions may apply now as an influential billionaire warns of a looming debt crisis that could collapse the US Dollar. Trump has confirmed. I repeat, Trump has already confirmed he plans to establish a U.S. bitcoin strategic reserve. Let's go. There's the Trumpster right there. Trump pump quoting him here from CNBC interview Trump says we are going to do something great with crypto because we don't want China or anybody else, but others are embracing it and we want to be ahead. And remember, at the Nashville event he said he would stockpile the bitcoin for the United States and never sell. He also said he would establish the United States of America as a bitcoin mining hub for bitcoin, which is major. He also says, yes, I think so. Trump said in response to a question about whether the US Will create a bitcoin strategic reserve similar to its oil reserve. And what if they dump their gold and put it into bitcoin? And what if they just print unlimited amounts of money and buy all the bitcoin available and start a, you know, speculative attack demonetizing gold in real time, making the United States the mega superpower of the world. Very possible. Sailor laid that out In July, the President Trump promised to create a strategic national bitcoin reserve, predicting bitcoin could eclipse gold. 16 trillion market cap. That's what I'm talking about during an appearance at the Bitcoin 2024 conference. And that's where Matt Max Kaiser's 2.2 million target comes in play. He recently upped it tenfold from 220000 for this cycle because he understands that attack against the gold you, I mean supply. Who cares about gold? Bukele just discovered $3 trillion worth of gold unmined and El Salvador and what do you think they're going to do? They're going to mine it and trade it for bitcoin, the hardest asset on the planet. As Peter Schiff Meister continues throwing up, Republican Senator Lummis introduced the bill to Congress entitled the boosting innovation, tech and competitiveness through the optimized investment nationwide which is the Bitcoin act which proposes the US buy 1 million bitcoins over five years to reduce the spiraling 35 trillion of the US national debt. Meanwhile, Russia lawmakers this week revealed to be pushing the country to create a bitcoin strategic reserve after Russia's President Putin praised bitcoin as an alternative to foreign currency reserves following the seizure of its funds by Western government in response to the invasion of the Ukraine. The possibility that Trump follows through on this bitcoin reserve plans have spurred huge bitcoin price predictions from bitcoin traders and investors, boosted by an Elon Musk surprise. So there you have it. Yo. What are your thoughts as the global hash wars continue to play out in real time? Do you think Trump will stick to his word and adopt a strategic bitcoin reserve for the United States, States of America? Do you think that will send the bitcoin price to new all time highs? Potentially a 10x from here, which would be $1 million potentially the cycle. What about a 20x max Kaiser's 2.2 million target? Let me know your thoughts. And again welcome everyone on the live stream. We got 1200 people here. We're live on X rumble and YouTube. I'm going to stick around and read some comments for a little bit and we'll kick it. So welcome everybody. This is live and interactive. I'm here every day. If you're new to the channel, very important to subscribe up. I'm the most persistent bitcoin podcaster in the entire world. This is episode 1800 and 49. 1849 podcast episodes family. So let's go Bitcoin up 2200 on the day. We're only a few hundred away from price discovery so you already know. And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q A. And I look forward to seeing you on tomorrow's episode. Hodl.