
In 2025, bitcoin is no longer just a niche investment but a geopolitical asset with central banks and governments all around the world all discussing a Strategic Bitcoin Reserve.
Loading summary
Ryan Reynolds
Hey there Ryan Reynolds here. It's a new year and you know what that means. No, not the diet resolutions. A way for us all to try and do a little bit better than we did last year. And my resolution, unlike big wireless, is to not be a raging and raise the price of wireless on you every chance I get. Give it a try@mintmobile.com switch $45 upfront.
JV
Payment required equivalent to $15 per month. New customers on first 3 month plan only taxes and fees, extra speed slower above 40 gigabytes on unlimited. See mintmobile.com for details.
Ryan Reynolds
Auto insurance can all seem the same until it comes time to use it. So don't get stuck paying more for less coverage. Switch to USA Auto insurance and you could start saving money in no time. Get a quote today. Restrictions apply. Welcome Crypto Fam to the number one daily Bitcoin pod and happy birthday Bitcoin Bitcoin. It's your birthday 16 years since the birth of the Genesis a a block which was exactly 16 years ago today. So today we celebrate. Also in today's show, as always, I'll be breaking down the latest Bitcoin technical analysis. Also breaking news, the Bitcoin hash rate hits a new all time high. That's what's up. We'll also be discussing Black Rocks Bitcoin ETF sees unprecedented growth in 2024, setting new $50 billion record. I'll be breaking down the report as well as Terraform Co founder Duan appears before the US Judge and pleads not guilty. If he is guilty, it's like 130 years behind bars. We'll also be discussing Bitcoin treasuries prime to double in 2025 according to Invest Answers. I'll be sharing what this could mean for the king crypto. We'll also be discussing 200000 Bitcoin incoming according to Marathon Digital CEO. But there is a catch. We'll also be discussing stock the flow crater Plan B says Bitcoin will smash 500000 per coin this year. In 2025 we'll also be discussing nation states turn to Bitcoin as a strategic reserve asset. We'll also be taking a look at the overall crypto market. 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 cryptonews alerts.net Again, that's crypto news alerts.net the point is if. If you have the superior asset, it's going up forever. Laura. Well said, Michael. Today is Pod Episode 1867. I'm your host JV. It's January 3rd. Happy birthday. Bitcoin. It was 16 years ago. Today was the birth of the genesis block. So all hail Satoshi. Today, I mean pretty, pretty epic day for bitcoiners around the world. Welcome everyone joining the live stream. We're live on all three platform right now on X on rumble and YouTube. Let's kick it off with our market watch as we do each and every day. We have coin360 pulled up here. You can see Bitcoin broke 98000 here today, which we love to see the entire market back in the green. Ethereum making big strides. Up 3.3% of the day. Just shy of 3600. Cardano big gainer up 14. Trading at a dollar nine avax up 5%. Trading back above 41 bucks and SU 7%. And checking out coin market cap.com current crypto market cap sits at well. Bitcoin dominance 55.8%. Ether dominance 12.3%. The total crypto market cap is 3.48 trillion. Back on the climb, Bitcoin market cap 1.938 trillion. Checking out top one hundo crypto gainers past 24 hours. We got SPX leading the pack of 37%. We got EOS up 14% and Cardano up 13%. We haven't seen eos. It's been quite quiet. You know that was the coin launched by Brock Pierce a long time ago. I remember it was like a big thing in 2017. It's been pretty quiet but nonetheless today it's up 14 trading at 94 and a half cents. And checking out the crypto bubbles. We get a visual perspective on the daily. As you can see most everything pumping and in the green zooming out on the monthly get a broader perspective. Virtually 90 of the market in the red minus a few big gainers such as the fart coin up 650%. And checking out the crypto greed and fear index. Today we're 74 greed. Yesterday 70, last week of 74 and last month of 78. And the extreme greed and checking out the time chain Calendar we have 172,349 blocks until the having of 2028. We're currently on block number 877,651. You currently exchange one fiat monopoly US dollar for one 21 sats. So stack them stats and put down the gats. And there you have it. Word up. Well, let's get this show on the road. We got a lot to share today. Let's dive into today's bitcoin technical analysis, aka astrology for the broskis. And also happy birthday bitcoin. 16 years ago today was the launch of the Genesis block. So we're gonna dive into both these things right now. I'll pull up the charts when we're done reading from Genesis to global the evolution of bitcoin since block zero. And as you know, every 10 minutes we get the next block. The first bitcoin Genesis block, famously, famously known as Block 0, was mined January 3rd of 2009. Over the past 16 years, more than 1.13 billion transactions have been permanently recorded across roughly 800,000 blocks.
Laura
Imagine what's possible when learning doesn't get in the way of life. At Capella University. Our game changing flexpath learning format lets you set your own deadline so you can learn at a time and pace that works for you. It's an education you can tailor to your schedule. That means you don't have to put your life on hold to pursue your professional goals. Instead, enjoy learning your way and earn your degree without missing a beat. A different future is closer than you think with Capella University. Learn more at capella.
Ryan Reynolds
Edu on the decentralized Bitcoin blockchain. And for those that don't know, Satoshi coined the term time chain and that was changed to the blockchain, just FYI. Hence why we still use the time chain calendar here on the show. Bitcoin's creator, Satoshi embedded a headline from the UK newspaper the Times in the Genesis block. The Times, January 3, 2009. Chancellor on brink of second bailout. For the banks, the message was a critique of the traditional financial system and government bailouts during the 2008 global financial crisis. And here it is here. Chancellor on the brink of the second bailout for the banksters. Now, when bitcoin launched, it was dismissed as an obscure experiment in digital money. Still, Nakamoto's vision began taking shape a decade later, as unstable economies started eyeing Bitcoin as a hedge against fiat currency inflation and growing dependence on the US Dollar. As institutions, governments and individuals increasingly recognize the potential as a sore value in a medium of exchange, el Salvador in 2021 became the first country, hence Bitcoin country, to adopt Bitcoin as a legal tender. And in addition to allowing citizens open access to a Bitcoin economy, its government has since accumulated more than 6,000 of the B, which is worth 570 million at the current price. Several countries including the United States, China, the UK and the Ukraine hold large bags of bitcoin today. Here's a graph of the countries holding the most bitty bitcoin. As you can see, it's Bitcoin China in the UK and as Bitcoin's adoption grows, the network's computational demands have risen exponentially. We call this the network difficulty, a relative measure of how difficult it is to mine a new block for the blockchain, which reached a new all time high of 110 trillion. To maintain the profitability amid the increase in difficulty and operational costs, The Bitcoin miners bit farms hut 8 hive digital spent much of this past year upgrading their mining equipment. Despite the lower bitcoin block reward due to the bitcoin quadrennial having events every four years, FAM Mining have been well compensated in 2024 for the miners as Bitcoin breached the hundred thousand legacy milestone for the first time in history. I believe that was on November 4th and the crowd has been going wild ever since. Look at the bitcoin mining hash rate. And FYI just hit a new all time high today. And looking into the future, the bitcoin blockchain has grown 627 gigabyte over the last 16 years, raising concerns about storage and synchronization of the full nodes. And to address the issue, developers have proposed the implemented several strategies. These include pruning nodes to retain only the most recent transactions necessary for the validation, reducing the maximum block size. How many of you are running your own bitcoin node? Let me know. And for those that don't know, you can become the bitcoin network from running your own node. And we highly encourage people to do so. These solutions however, come with trade offs in terms of the security, decentralization and complexity. Ongoing research and community consensus remain essential to overcoming these challenges. I would suggest if you're going to run a bitcoin node, make sure your node your drive is at least two terabytes and you should be golden with the current size of the blockchain. Just FYI. And if you don't know, now you know. And as you can see, the bitcoin hash rate hit the new all time high on Satoshi's birthday. You got to dig that respect. And check this out. Two friends with one passion Mr. Eric Trump posted and it's a picture of Eric and Sailor. And apparently Eric is a giant. I mean make Sailor look like his child but nonetheless, I'm, I'm sure Sailor's portfolio makes Eric Trump look like a child, and I'm just going to leave it at that. And pulling up some of the live charts. Let's flip out the scene for you guys to see some live chart action. Jackson live it in the flesh. Bitcoin's hovering at around 98,000. There's a one hour chart. We do have a rising wedgie. We do have a target of 1085 in play. And we also have a red target of 110 in play on the one hour. Zooming out to the four hour and similar targets I would assume. Yep, 110 still in play and 108 five in play on the four hour. Zooming out from the four hour. Take a quick look at the one day and the one day says it's going up forever, Laura. We have a rising wedgie here as well. And also that red target at 110 and the green target at 1085. And after the daily we look at the weekly and the weekly says we're still going up forever, Laura. And you can see several consecutive green weekly closes then stifled by two corrective red candles. And we're already marking a nice strong green candle for the new week here in which we get the weekly close on Sunday two days out. So there you have it. Let's see if we can recapture 100 GS before the end of the week. By this weekend, a little weekend pumpage and zooming out on the monthly, you can see moonvember, we had the big green thirty thousand dollar appreciate native month, which is the greatest we've had since the inception of the Genesis block. Then we had the corrective red, you know, for the last month and we're forming a green already for January 2025 Bitcoin ETFs over 50 billion.
JV
This episode is brought to you by Atlassian. Atlassian makes the team collaboration software that powers enterprise businesses around the world, including over 80% of the Fortune 500. With Atlassian's AI powered software like Jira, Confluence and Loom, you'll have more time to do the work that matters. In fact, Atlassian customers experience a 25% reduction in project duration per year. Unleash the potential of your team@atlassian.com Atlassian.
Ryan Reynolds
New record achieved with the Blackrock ibit that's right, according to the latest report. According to Bloomberg, no other ETF has had a better debut than the BlackRock iShares Bitcoin Trust, better known as iBit. Citing Todd Sohn, managing director of the ETF and technological strategy at the Institutional brokerage for Strategize Securitize. The report says the size of the IBID is now equivalent to the combined assets under management of more than 50 European market focused ETFs, most of which already exist for more than two decades, including the gold ETF. I heard it's the 20th year this year so Bitcoin array surpassed its volume in like one year year. Broskis is crazy advisory firm the ETF store president Nate Ji said it is the greatest launch in ETF history. That's right, Bloomberg Intelligence analyst Bal Chuna said. Ibit Reese over 50 billion in assets under management five times faster than the second fastest ETF, which is the Black Rock SciShares Core M S C I E A F E ETF which could took nearly four years three set level so Ibit also holds more assets than Black Rock iShares Gold ETF, the second largest gold fund of the world as the Bitcoin ETF sees last year's third largest net inflow of 37 billion. Jasi said as long as the price of the bitty does not collapse, IBIT can potentially surpass the SPDR goal shares the largest goal ETF in 2025. Meanwhile, Bloomberg Intelligence analyst James Safe Art can you say Fart says IBIT can expect to earn about 112 million per year just based on the current ETF asset level and the expense ratio of a quarter percent. Quoting them here, ibit's growth is unprecedented. It is the fastest ETF to reach the most milestones, faster than any other ETF in any asset class. And that's a fact. Jack. Here's the latest from the Doe Kwan who stole all the Quan Terraform Co founder Duquan Do Kwan appears before the U S Judge and pleads not guilty. Not surprised. Yeah. So let's read the Latest with this one. TerraFounds co founder Duquan appeared I don't know if you guys say dough or do whatever before the U s magistrate January 2nd. That was yesterday. Pleaded not guilty to the charges in the first legal hearing for the former Tech executive since his extradition to the United States. The embattled crypto founder appeared before the U S Magistrate, Judge Robert Lerberger of their Southern District of New York and Manhattan on Thursday afternoon to submit his plea and agreed to be held without bail. Of course they're not going to give him bail. The former Tech executives face nine counts of various charges including securities fraud, wire fraud, money laundering charges and commodities Fraud sounds very similar to Bankman Freed's charges for his role in the collapse of terror ecosystem. A status conference is set for January 8th. Okay, five days out for the defense and prosecution to share evidence and discuss the motions leading into the trial. The hearing marks a milestone in the legal saga of the former tech exec, which has taken several turns since 2023. As Monta grinning court officials waited extraditing the Terraform co founder to the US or his homeland, which is actually in South Korea. And here you can see the sealed indictment. Here's some of the highlights. Legal authority is a month Do I pronounce this right? Montanguero previously concluded that the Terraform's co founder met the criteria to be extradited either to the U S or South Korea. However, December 27th their Minister of Justice Bojan approved Kwan's extradition to the US it was translated written statement it said their Ministry of Justice determined the former crypto executive should be extradited to the US after considering several factors. These factors included the gravity of the criminal acts, the place of the execution, the order of the submission of the request and the citizenship of the requested person, the possibility of further extradition to another country as well as other circumstances. Now their Prime Minister confirmed that Quan was in U S custody and quoting him here our nation welcome innovation and legitimate crypto AI and other tech entrepreneurs we have have already zero tolerance for the fraud, the Prime Minister wrote following the handoff to the US authorities. Terraform Labs previously settled the lawsuit with a US SEC in June of 2024, agreeing to pay the agency four and a half billion which included 204 million in penalties for the former executive. And there you go. Let me know if any of you were in invested in Terra SLL Luna they had like a type of stable coin that was allegedly backed by bitcoin but their whole ecosystem fell apart in the collapse following you know Bankman Freed's FTX and all the drama from the the Bear. Let me know if you guys were there to witness it and were any of you affected by it, do let me know. Family don't you know pump it up. I know JC should answer her phone. That's all I know don't you know pump it up. But anyways, keep the comments below. My family dive into our next story of the day, shall we? Let's discuss these treasuries. Bitcoin for the Treasury Headline here reads Bitcoin treasury is primed to Double Dublay in 2025 according to Invest Answers Shout Out Invest Answers. Here's what it can mean for the biddy and the biddy fam. A closely followed crypto analyst is predicting that the number of the corporations adopting the bitcoin treasury strategy will double this year. In a new video update, Invest Answers shared that a doubling of the bitcoin treasuries can send the flagship crypto asset to an astronomical new all time high. Did someone say astronomical? Send it. The beauty of the bitcoin is it's hard and it's driven by supply and demand. What happens if the supply drives up? What happens if the long term huddlers are done a selling? What happens if the miners all their bags are being the bought up? What happens if more of the big players enter the market? Imagine a dozen more Mikey Sailors. Good lord. This is what can drive the prices absolutely bonkers. We have seen tons of Treasuries come in. We now have the FASB Financial Accounting Standards board rules which make it even easier for more Treasuries to come on board. And the number of the Treasuries are going to double this year. That's part of my 2025 prediction as well. That means where is all this bitcoin going to come from? The only thing that can happen is the price will go up. It's going up forever, Laura. That's it. And according to the bitcoin magazine Pro, there's currently 33 publicly traded companies with bitcoin treasuries. The largest one being of course Michael Sailor's micro Strategy which holds 444, 262 of the Biddy. And I believe it's BlackRock who's now the largest holder. They have over 500,000. It's crazy. And just imagine, what if another Black Rock or Michael Sailor came along. I mean, sayonara bitcoin and stop selling your bitcoin to the institutions and people like Michael because they're glad to continue to buy it at the top forever. In fact, Michael Saylor said, I will be buying the bitcoin top forever. Million dollars a coin, no problem. 10 million, no problem. We're just going to continue to buy. Bye bye, bye bye. And there you go. Yo, let's discuss this 200000 target. Then we'll discuss a 500000 target as Nipsey continues sending Gary Gensler, current Chairman of the SEC A message. Message. Gary deserves it. So next headline, 200000 Bitcoin incoming by the end of 2025 according to the Marathon Digital CEO. But there is a catch. Let's break her down. The CEO of the bitcoin miner Marathon Digital Fred Thiel is leaning bullish on the biddy. In a new interview with the David Lynn Report, Thiel says that between the beginning of 2025 and around the date of the inauguration of the President which is January 20, we got 17 days. Bitcoin will start to run again. And of course, excuse me, the hiccups just chimed in. According to the Marathon Digital CEO, bitcoin could first fall to levels last witness in November of 2024 before exploding by around 108% from the current level over the coming months. Wowzers. It's like a root beer float. We're gonna explode. He says quoting him here. I think the majority of the people who look at bitcoin price are expecting a Correction until the low 90s 80s, high 80s and then a return of the dragon for the growth ending somewhere approaching 200 GS by the end of the next year. I think that's a pretty valid scenario just based on the demand that we're seeing kind of on the sidelines. Theo further says if the U. S sets up a strategic bitcoin reserve, it could also serve the price catalyst for the biddy. Quoting them here. If a strategic reserve is announced by the United States that will drive a relatively big push if other countries start announcing reserves again. There is a finite supply supply of the biddy. There's only 21 million bitty that will ever exist. 20 million more or less have been mined and that maybe 4 million are in the wallets that either have keys that are lost or inaccessible for other reasons or just won't move. A million of which is in the satoshi wallet itself. So there is not a lot of the biddy to go around. And so you start adding up those demands on supply and it's a big number. And then you look at the pension funds that want to put 1 or 2% into the biddy and you can just see the growth of the ETFs. The Bitcoin ETFs in 12 months have grown to more than the assets under management than gold. DTFS took 20 freaking years, two decades to accumulate. Do you hear that Shift Meister? Are you going to capitulate? Send a well of a wellness check please to Peter shift's house right now. Give him another opportunity to capitulate and get rid of his gold which we all know is going to zero against the apex predator thy bitty. And there you have it. Yo, let me know if you agree disagree with that prediction from the CEO from the Miner. Now for our feature story of the day Stock the flow creator Plan B says bitcoin will hit $500,000 per coin. And as a bonus headline nation states turn to Bitcoin as a strategic reserve asset. You damn straight. And here's a tweet from Plan B. Let's start here. This was shared on January 1. Here's the receipt. January 1, 2025 at 1:52pm 838000 views here's his predictions My forward guidance for 2025 has not changed since 2022 when Bitcoin was 20,000 see below arise into April 2024 having check having around stock to flow value check pump after the having check 100,000 in 2024 check you know we achieved 1083 is the current all time high price discovery. And then the next prediction which hasn't come true yet 2025 we hit the stock to flow target 500000 average with a range between a quarter mil and one mil. So he's ultimately saying bitcoin can range this year anywhere from 250000 to $1 million per coin with the average being 500 G's baby. And he shows you the receipt from 10-06-2022. His prediction was my forward guidance for the next three years. 2024 having as a come in and the increased scarcity of the stock flow ratio will pump the bitty price just like 2012, 2016 and 2020. Now some people chimed in here Bitcody said respect the stock to flow model's historical accuracy. But moving from 2 trillion to 10 trillion market cap in 12 months requires institutional capital. I simply can't deploy that fast. Even black rock can't conjuncture or conjure 8 trillion out of the thin air doubling to 4 trillion. That's realistic with the spot E test plus the having think velocity of the capital not just the models. Plan B chimed in you don't need 8 trillion inflow to go from 2 trill to 10 trill is the market cap. You need just a fraction of the eight trill and then he chimed in fair point and there you go. And let's continue with this stock the flow analysis paralysis from the bitcoin stock to flow creator. Here you go Plan B creator the renowned stock the flow has reaffirmed his ambitious price target for 500,000 for the new year. Let me know if you agree disagree with the target. Known for his data driven predictions Plan B highlighted his forecast has remained unchanged since 2022 and I just showed you the proof of work via the receipts from the post. And with the 2024 having event now behind us, he sees this year as pivotal for the stock to flow model to demonstrate the full potential. Plan B emphasizes the Bitcoin rally to 108 in late 2024. Validates the stock the flow model as he did call for 100,000 in 2024. So he nailed it. And according to his projections, Bitcoin can average 500 GS in 2025, with a potential trading range between a quarter mil and one mil. His forecast aligns with the growing institutional adoption and macroeconomic shifts, reinforcing the Bitcoin status as a store of value, the greatest store value to ever exist. The apex predator. Now, here's the factors driving the bitcoin price surge. I'll break it down for you. There's three factors. Impact of the having event for the Bitcoin having in April of 2024, which reduced the supply of the new coins entering the circulation, creating scarcity, driving demand. Historically, having events have catalyzed significant price surges. Plan B expects this trend to continue. Bitcoin's ability to reach 108 in 2024 underscores the having's impact on its valuation. It's always the year preceding the having. We hit the cycle peak and this year is that year. Just saying. Number two, institutional adoption. I call it the institutional FOMO. Like a MoFo, institutions are increasingly adopting the bitty as a hedge against economic uncertainty. Micro Strategy, for example, recently added 2100 Bitcoin to its holdings. They now have 446,400 BTC. Stop selling your bitcoin to Michael Sailor. Institutional investments not only validate the Bitcoin role in financial markets, but also provide the strong upward pressure for the price. And number three, what's on everyone's mind, Strategic Bitcoin reserves. There is speculation that the United States of America may establish the strategic Bitcoin reserve, which can drive demand much further. Further, if realized, this would move a signal for the Bitcoin acceptance as a critical financial asset, potentially propelling the prices towards Plan B's forecasted range. And my personal prediction is 1.1 million. If they do establish the Bitcoin strategic reserve for the United States of America. And if Trump follows through with all his promises, look at this guy right here. He says he is going to stockpile diabete. He's going to stop selling it. Unlike the Biden administration, he says he's going to end the Biden administration's war on crypto. He says he is going to fire Gary Gensler layer. So go get your shine box Gary. He also says he's going to free Ross Albrick and make the United States of America a bitcoin mining hub for the world. And Cynthia Lummus is proposing a bill for the strategic Bitcoin reserve so they can purchase Bitcoin every year. Will it be 1 million bitcoin? Maybe a, you know, I mean a modest 250,000 bitcoin purchase per year for the U.S. will it be more advantageous at 4 million bitcoin which Kennedy Jr. Proposed at that conference? You let me know your thoughts. But right now it's up to this man and it's up to the Congress to pass the bill. And if the bill gets passed and Trump puts his signature on the line, game on. You already know family in 2025. Bitcoin is no longer just a niche investment, but a geopolitical asset. Governments and central banks around the world from Washington to Zurich have engaged in the discussion about the role in the national reserves. Bitcoin is emerging as a challenger to traditional reserve assets like the gold and the US Dollar with a potential to reshape the global monetary order. Under the Trump admin, the convo around Bitcoin has changed. Once skeptical President Trump has expressed support for Bitcoin as a strategic asset, outlining plans for a certain or creation of a US Bitcoin reserve to enhance the economic stability. Can you say Bitcoin for the Treasury? Yes, please. The administration suggests holding Bitcoin as a hedge against inflation and the weakening dollar. The proposal has been debated in Congress with supporters like Cynthia Lummis arguing the Bitcoin's finite supply makes it an ideal addition to national reserves. Skeptics remain, but the momentum is undeniable. Quoting the senator here, Ms. Lummis 2025 will be the year of the B in digital assets. With David Sachs as the crypto czar, this will be the most pro digital asset administration of all time. I look forward to working closely with David Sachs to pass comprehensive digital legislation in my strategic Bitcoin reserve. And there you go. And if you don't know, now you know. 1.1 million in play with the strategic Bitcoin reserve. 2.2 million in play according to the high priest Max Kaiser. Even the bear scenario base case for the Broskis. We're looking at a nice 4x420 in play. Let me know if you agree. Disagree. Holl at your boy and welcome everyone to The Q A segment of the live stream. This cycle is different for many reasons. Number one says Greg bitcoin's all time high prior to the having number two, ETF release. Number three, bricks. Number four, El Salvador, Bhutan. Number five, microstrategy. Number six, asset consideration 789, you and me, let's freaking go to the moon. Thank you, Greg. Jv, play the Trump sound clips. You got it brother. Hear it from the Trumpster himself.
Donald Trump
This afternoon I'm laying out my plan to ensure that the United States will be the crypto capital of the planet and the bitcoin superpower of the world.
Ryan Reynolds
The bitcoin superpower of the world. Send it.
Donald Trump
We'll get it done.
Ryan Reynolds
And then he ends it with we'll get it done. That's confidence, Broskis. Look at the Nipinator. He's chanting over here himself. Paws in the air. He like he approves of this message.
Donald Trump
If crypto is going to define the future, I want to be mined, minted and made in the usa. It's going to be. It's not going to be.
Ryan Reynolds
He says it's going to be mined and minted in the usa. How do you like those apples made anywhere else? And if he says it's not going to be made anywhere else, I don't know how that's possible, but so be it.
Donald Trump
Bitcoin is going to the moon. As we say it's going to the moon.
Ryan Reynolds
It's going to the moon. He does it in that voice. It's going to the moon. I dig it.
Donald Trump
I want America to be the nation that leads the way. And that's what's going to happen.
Ryan Reynolds
He wants America to lead the way and that's what's going to happen. Captain. I love you jv. Thank you. Swift Impact. Have fun at the max and state. You know we will. You already know. So when am I waiting for the light to change? I'm working with you guys. And then when I am making deliveries, I'm also working. Serge, mess him up. Thank you. Swift Impact. Bitcoin needs a gunman to play along or F off. End the war on the B. I.
Donald Trump
Pledge to the bitcoin community that the day I take the oath of office, Joe Biden and Kamala Harris's anti crypto crusade will be over. It will end.
Ryan Reynolds
The war on crypto is over. Sayonara. Try tomorrow. Nice to know you. Blx. The bitcoin liquid index, the oldest of all the bitcoin charts on Average goes up 2 fib levels post having history rhymes repeats. That means the Biddy will hit the 1.114 Fibonacci extension at 440,000 of the dollars. Then the 1.236 Fibonacci is next at 3 milli. Then the next having is March of 2028. Send it. If I see Free Ross, I will have 100 confidence. Amen.
Donald Trump
It'll be done.
Ryan Reynolds
That's the first of the promises. Free Ross. On day one, he gets a pardon. And number two, fire Gary. The rest is a wrap.
Donald Trump
It'll be done. On day one, I will fire Gary Gensler and appoint a new yeah, go.
Ryan Reynolds
Get your shine box, Gary. We don't need you. Your job is done, mofo. 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. Hoddle.
Podcast Summary: Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Episode 1867: “Nation States Turn to Bitcoin As A $500,000 Strategic Reserve Asset”
Release Date: January 4, 2025
Host: Justin Verrengia
Date: January 4, 2025
Duration: 31 minutes 26 seconds
Timestamp: [00:30] - [05:45]
Justin Verrengia opens Episode 1867 by celebrating Bitcoin's 16th birthday, marking the anniversary of the Genesis Block mined on January 3, 2009. He emphasizes the significance of this milestone by stating:
“Today is Pod Episode 1867. I'm your host JV. It's January 3rd. Happy birthday Bitcoin.”
([00:30])
Market Watch Highlights:
Overall crypto market capitalization stands at $3.48 trillion, with Bitcoin dominance at 55.8% and Ethereum at 12.3%. Notable gainers include SPX (+37%), EOS (+14%), and Cardano (+13%). The Crypto Greed and Fear Index is at 74 (Greed), indicating strong market optimism.
Technical Analysis:
Justin delves into Bitcoin’s technicals, describing a "rising wedge" pattern across various timeframes, signaling potential upward momentum. He shares expectations of Bitcoin targeting $108,500 with a red target at $110,000 on the one-hour chart, aligning these projections with the broader bullish sentiment.
Timestamp: [06:13] - [11:27]
Justin provides a historical overview of Bitcoin, highlighting over 1.13 billion transactions across roughly 800,000 blocks since its inception. He underscores the network's growth and increasing computational demands, noting that the Bitcoin hash rate recently hit a new all-time high of 110 trillion.
Key Points:
Quote:
“The Bitcoin hash rate hit the new all-time high on Satoshi's birthday. You got to dig that respect.”
([06:13])
Timestamp: [11:55] - [17:00]
Justin discusses the meteoric rise of BlackRock’s iShares Bitcoin Trust (iBit), highlighting its record-breaking assets under management (AUM). According to a Bloomberg report, iBit has amassed over $50 billion, surpassing the combined AUM of over 50 European market-focused ETFs, including the longstanding gold ETF.
Key Highlights:
Quote:
“iBit’s growth is unprecedented. It is the fastest ETF to reach the most milestones, faster than any other ETF in any asset class. And that's a fact.”
([11:55])
Timestamp: [17:00] - [23:00]
The episode covers the legal challenges faced by Duan Do Kwan, co-founder of Terraform Labs. Duan appeared before a U.S. Magistrate Judge in the Southern District of New York, pleading not guilty to charges including securities fraud, wire fraud, money laundering, and commodities fraud.
Key Details:
Quote:
“If he is guilty, it's like 130 years behind bars.”
([17:00])
Timestamp: [23:00] - [28:47]
Justin explores the prediction by Invest Answers that Bitcoin treasuries held by corporations will double by 2025, potentially propelling Bitcoin to new all-time highs.
Key Insights:
Quote:
“The beauty of the Bitcoin is it's hard and it's driven by supply and demand.”
([23:00])
Timestamp: [28:47] - [31:14]
Justin highlights bullish forecasts from Marathon Digital CEO Fred Thiel, who predicts that Bitcoin could surge to $200,000 by the end of 2025, contingent upon strategic developments.
Key Predictions:
Quote:
“If a strategic reserve is announced by the United States, that will drive a relatively big push.”
([28:47])
Timestamp: [31:14] - [28:47]
Plan B, the creator of the Stock-to-Flow (S2F) model, reaffirms his ambitious target for Bitcoin, predicting it could reach an average of $500,000 per coin in 2025, with potential ranges between $250,000 and $1 million.
Supporting Factors:
Quote:
“Bitcoin is emerging as a challenger to traditional reserve assets like gold and the US Dollar with the potential to reshape the global monetary order.”
([31:14])
Plan B’s Tweet Excerpt:
“My forward guidance for 2025 has not changed since 2022 when Bitcoin was $20,000... Bitcoin can average $500k in 2025, with a range between $250k and $1M.”
([Stock-to-Flow Prediction Timestamp])
Timestamp: [28:47] - [31:14]
Justin delves into the geopolitical shift towards Bitcoin, highlighting that nation-states are increasingly viewing Bitcoin as a strategic reserve asset. He references Cynthia Lummis, a proponent of Bitcoin adoption within national reserves, advocating for its role as a hedge against inflation and currency devaluation.
Key Points:
Quote:
“2025 will be the year of the B in digital assets.”
([28:47])
Timestamp: [31:14] - [30:33]
The live Q&A segment features host Justin engaging with viewers, discussing the unique aspects of the current crypto cycle, including the upcoming halving, ETF launches, institutional adoption, and geopolitical endorsements.
Notable Highlights:
Donald Trump's Endorsement:
Multiple clips of Donald Trump reinforce his commitment to making the USA a crypto superpower:
“Bitcoin is going to the moon.”
([28:47])
“If crypto is going to define the future, I want to be mined, minted and made in the USA.”
([29:27])
Administrative Promises:
Trump promises to end the "war on crypto", fire SEC Chairman Gary Gensler, and establish a U.S. Bitcoin reserve:
“On day one, I will fire Gary Gensler and appoint a new...”
([31:02])
“It will be done.”
([31:14])
These endorsements significantly bolster the bullish outlook on Bitcoin, suggesting strong institutional and governmental support moving forward.
Timestamp: [31:14] - [31:26]
Justin wraps up the episode by urging listeners to engage with the content and participate in future live streams:
“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.”
([31:26])
Notable Quotes with Timestamps:
Justin Verrengia: “Today is Pod Episode 1867. I'm your host JV. It's January 3rd. Happy birthday Bitcoin.”
([00:30])
Justin Verrengia: “The Bitcoin hash rate hit the new all-time high on Satoshi's birthday. You got to dig that respect.”
([06:13])
BlackRock’s iBit Insight: “iBit’s growth is unprecedented. It is the fastest ETF to reach the most milestones, faster than any other ETF in any asset class. And that's a fact.”
([11:55])
Marathon Digital’s CEO Fred Thiel: “If a strategic reserve is announced by the United States, that will drive a relatively big push.”
([28:47])
Plan B: “Bitcoin is emerging as a challenger to traditional reserve assets like gold and the US Dollar with the potential to reshape the global monetary order.”
([31:14])
Donald Trump: “Bitcoin is going to the moon.”
([29:42])
Episode 1867 of Crypto News Alerts delivers a comprehensive overview of Bitcoin's current landscape, highlighting significant milestones, institutional endorsements, and bold price predictions. With nation-states considering Bitcoin as a strategic reserve asset and prominent financial instruments like BlackRock’s ETF setting records, the outlook for Bitcoin remains overwhelmingly bullish. Coupled with strong governmental support and influential advocates like Plan B, the stage is set for Bitcoin to potentially reach extraordinary heights in the coming years.
HODL!