
Michael Saylor tells GameStop CEO Ryan Cohen shared: “Divorce Risk. Marry Bitcoin. You're going to love your $1,000,000 made in the USA Bitcoin.
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Ryan Reynolds
Ryan Reynolds here from Mint Mobile. I don't know if you knew this, but anyone can get the same Premium Wireless for $15 a month plan that I've been enjoying. It's not just for celebrities. So do like I did and have one of your assistant's assistants switch you to Mint Mobile today. I'm told it's super easy to do@mintmobile.com.
Ann
Switch upfront payment of $45 for 3 month plan equivalent to $15 per month Required intro rate first 3 months only then full price plan options available, taxes and fees extra. See full terms@mintmobile.com, i was never really a runner.
Ryan Reynolds
The way I see running is a gift, especially when you have stage four cancer. I'm Ann. I'm running the Boston Marathon presented by bank of America. I run for Dana Farber Cancer Institute to give people like me a chance to thrive in life even with cancer. Join bank of America in helping Anne's cause. Give if you can@b of a.com supportann what would you like the power to do? References to charitable organizations is not an endorsement by bank of America Corporation. Copyright 2025 welcome crypto fam to no. 1 Daily Bitcoin pod In today's show we'll be discussing Bitcoin bulls defending 80,000 support as World War Three of trade wars crushes the US stocks. That's right, Bitcoin just broke its correlation with the S and P. This is not priced in. Also major news China Public Company can go to sell 350 million auto business to go all in on the Bitcoin and quoting Max Kaiser Trump has triggered the global reset. That's right. Also the Bitcoin hash rate just hit a new all time high. We all know the Bitcoin price follows the hash rate and a White House official on President Trump shared he's at the peak of just not giving a anymore. We'll also be Discussing stablecoin supply surges $30 billion in Q1 as investors hedge against the volatility as well as Bitcoin D5 surge may boost the Bitcoin demand and adoption according to Finance. We'll also be discussing the American Bitcoin's ambition is to dominate the mining according to the Hut 8 CEO. We'll also be discussing GameStop CEO Cohen buys 10 million worth of the Gamestop shares following the Bitcoin acquisition plan. As you know they just raised 1.5 billion to stack thy bitty now Michael Sailor cheers for 1 million made in the USA Bitcoin amid the market crash to the GameStop CEO. We'll also be taking a look at the overall crypto market. All this plus so much motherfucking more right here 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 cryptonewsalerts.net again that's crypto news alerts.net today is spot episode 1953. I'm your host JV. Happy TGIF. It is April 4, 2025 and Bitcoin has four finally decoupled from the stock market as stocks continue to crash. So let's check out our market watch here for the famine lamb. As you can see right here on your screen, Bitcoin up 2.3% on the day, trading at around 84,000 at the time of the live Salana up 6%, Ether up 1%, BNB up 1 1/2%, XRP up 3.3% and Doge up 7% on the day. And checking out coinmarketcap.com the current crypto market cap sits at 2.69 trillion. The Bitcoin market cap $1.66 trillion. And as far as the volume, we have roughly 106 billion worth of volume in the past 24 hours and currently the Bitcoin dominance is at a even 62% with the Ether dominance back on the decline at 8.1%. Checking out top 100 crypto gainers past 24 hours. SPX up 22%, Pendlep 12% and Cosmos Atom up just shy a 10%. Let me know which alts you're bullish on for the bull hala and check crypto bubbles. I like to get a visual perspective on the day in the market. And finally the bulk of the market in the green. Safe to say 9010 green over red. Zooming out on the weekly unfortunately we flip it, it's like 9010 red over green. And zooming out on the monthly very similar scenario, 90% of the market. Rex today. And checking out the crypto greed and fear index. Yesterday we struck a 25 extreme fear. Today we're back up a bit 28 fear. Last week 44 and last month of 20 in extreme fear and checking out the time chain calendar we have 15965 blocks into the next having of 2028. We're currently on block number 89935 and you can currently exchange one fiat monopoly dollar for 1194. The SATs pick up the SATs put down the gas, pick up some bitcoin caps from a man sergio over@bitcoincaps.net get yourself a custom buell cap camo just like the one I'm rocking. Headline here reads Bitcoin bulls defend 80,000 support as World War 3 of the trade wars crushes the US stocks. And before I dive deeper, here are some of the breaking trend lines trending right now in X Bitcoin just broke its correlation with the S and P. This is not priced in and this is a sign of the times. Also breaking news China Public Company can go to sell 750 million auto business to go all in on the bitcoin More adoption continues and Quoting Max Kaiser Trump has triggered the reset. The era of globalization was a deflationary period where the US workers traded jobs for very cheap consumer goods manufactured in Asia. The quality of life was not too noticeably impacted. The people who fell off the grid were ignored or bailed out with more food stamps etc and inflationary deglobalization and reset means jobs and higher incomes are coming back to the US but the overall inflation rate will jump even higher so the quality of life will not materially improve. The only way to material improve quality of life is to stack the sats so you know what to do. Family and Shout out to the High Priest Max Kaiser Spring Fest and Ego.
JV
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Ryan Reynolds
Also this just in White House Official on President Trump's thinking he's @ the peak of just not giving a what anymore. That's right and quoting the high priest again, gold is a poor man's bitcoin. He also points out gold is too centralized. It can never compete with bitcoin as a safe haven. And if you don't know now you know gold bugs. So as you're looking at here in the one hour chart, Bitcoin price dodged the chaotic volatility that crushed the equities markets here on April 4th of the Wall street open by holding above the 82, 000 level and we're still pumping over up 2, 000 on the day trading view showed erratic moves on the bitcoin lower time frames as the daily high neared roughly 85 evaporating as the Bitcoin price dropped by 2500 at the start of the U S trading session. And we're right back in action Jackson. Fears over the prolonged U S trade war and subsequent recession fueled the the S P and the nasdaq both falling another 3 1/2% at the Open in the ongoing market coverage the Kabisi letter described the tariffs as the start of world war III of the trade wars I mean and quoting Trump here, great job numbers far better than we are working Hank Tough I guess he means hang tough. We can't lose. We shall soon see right? Two day losses of the S P surpassed 8% for a total of three and a half trillion being wiped out of the market cap. I'm curious where does all that money actually flow into when it disappears Peers Obviously some of it's going into the biddy. This is the largest two day drop since the pandemic. Good lord. Since Novid the NASDAQ 100 made history the day prior recording the biggest single day point losses ever. The latest U S jobs data is in the form of the march non farm payrolls print which beat expectations faded into significance insignificance with the markets already panicking. Market expectations of interest rate cuts from the Fed nonetheless edge higher with the odds for such a move coming at the Fed's May meeting hitting 40% per data via the CME Group's Fed watch tool. So we shall soon see Bitcoin managed to avoid a major collapse by maintaining above 80,000. Some analysts were saying if we broke 80 we'd likely retest 70,000 so count that as a blessing. Quoting analysts here Bitcoin is also potentially forming the very early signs of a brand new exaggerated bullish divergence double bottom on the price action. Meanwhile the RSI develops higher lows. The RSI being the relative strength index 24 needs to continue holding a support and lo and behold we are quoting another analyst here. Historically bitcoin always bottoms first before the stock market so expecting a 765 as the bottom meaning it already happened. Now I am waiting for the reclaim of 865 for more upwards continuation. Saw all eyes on 865 and then most likely you know 90,000 in play before you know it will be back above 100G's baby and also be pulling up the live charts here so let's do that really quick for the famine lamb and again welcome everyone just Jo our live stream here Today we're laughing in the flesh, pretty little bitty doing his thing. Here we're looking at the 10 minute chart via trading view via Coinbase, the largest exchange at least here in the United States. 10 minute chart shows US we have a couple of bull targets on the screen. One sitting just shy of 88. And then we have another one sitting at 853. One bull scenario sitting all the way down at 783. And zooming out from the 10 minute we'll work our way backwards looking at the one hour chart. Bull scenario here in the orange 96 5. We're not too far from that. I mean 12 G's. We also have a bear target of 79 and a couple of other super bear targets. And zooming out from the hourly we take a look at a four hour chart. Four hour shows a rising wedge green super bull target of 1137 which would take us back to Price Discovery. Current all time highs 1093 which was achieved in January on Inauguration Day. The red target 10455 taking us close to Price Discovery. And again the orange Target 965 around there. And zooming out from there we take a look at a daily daily chart says it's going up forever. Jv Also a rising wedge formation here, a red bull target of just shy of 113. And then 113 seven bear scenario sitting down at at around just shy of 69,000 which was the previous cycle all time high which was achieved back in November of 2021. And zooming out a bit more. We'll look at the weekly in a couple, get another weekly close. We're finally forming green which is a good sign as last week we closed in the red and then we had a couple of bullish momentum weeks. But prior to that we had the big leg down which you can see in your screen. The silver lining. We still have a cup and handle target on the weekly chart which you can see on your screen sitting at 124 GS and zooming out from there we take a look at a monthly monthly formation. Not much action happening right now. Pretty even, but nonetheless we're just kicking off the month of April. Unfortunately the month of March. March was a bearish close. February. Yeah, I mean we've had a actually quite a few bearish closes, but hopefully we can flip it now that we're in Q2 and Q1 is behind us. But you guys let me know your thoughts and read your comments out loud. Welcome everyone. Next headline here reads this episode is brought to you by Indeed. When your computer breaks, you don't wait for it to magically start working again. You fix the problem. So why wait to hire the people your company desperately needs? Use Indeed Sponsored jobs to hire top talent fast and even better, you only pay for results. There's no need to wait. Speed up your hiring with a $75 sponsored job credit at Indeed.com podcast terms and conditions apply. Stablecoin supply surges $30 billion in Q1 as investors hedge against the volatility that's right. Despite the 30 billion surge in stablecoin supply to new record levels, crypto investors remain CA as they awaited market stability amid the US Tariff fears. The total stablecoin supply rose by more than $30 billion in the first quarter of this year even as the overall crypto market cap fell 19%, according to a new report by into the Block quoting them here. The correlation between crypto and stocks climbed as macro expectations quickly shifted from the golden era optimism to tariff led doom and gloom. The stablecoin supplies growth reflects a cautious stance with investors holding stablecoins as a hedge likely waiting for the market stability or better entry points. Now, industry leaders predicted that the stablecoin Supply may surpass 1 trillion this year, potentially acting as a significant crypto market catalyst. Quoting them here, we're in a stablecoin adoption upswell that's likely to increase dramatically this year. We can go from 225 billion in stable coins to 1 trillion just this calendar year. Let me know if you guys agree. Disagree with that. The stable coin supply surpassed 219 billion record high March 15th. Good Lord. Analysts see the growing stablecoin supply as a signal for the continuation of the bull cycle. Now during the first quarter of the year, Ethereum network saw over 3 trillion worth of stablecoin transactions on the main net excluding layer 2 networks. The number of unique addresses using stables on Ethereum mainnet also surpassed the record 200, 000 mark for the first time since March. And despite the growing blockchain activity, the price of the Ether fell by over 45% during the first quarter of 2025. That's right, we were all the way down to 1700 yesterday. It was kind of wild considering the all time high was achieved previous cycle for Ether at around maybe the 4,500 mark. So we're far from that. The decline in Ether is linked to the combination of the broader macroeconomic concerns and Ethereum specific pressures such as increased competition from networks like Salana and the rise of Layer two protocols. Quoting another analyst Some analysts argue that Layer two solutions dilute the ether value by shifting activity off the main chain. But this overlooks how Layer two still rely on Ethereum for security and pay fees contributing to the ecosystem. He added that the decline in ETH is more likely due to the market sentiment and uncertainty about Ethereum's ability to capture value from the broader ecosystem. Still other analysts see the silver lining to the tariff related investor concerns. Nansen analysts predict the 70% chance for crypto markets the bottom by June of 2025 as the tariff negotiations advance. And there you have it yo and if you don't know now, you know Next headline we're going to discuss Bitcoin D5 headline reads Bitcoin D5 surge may boost Bitcoin demand and Adoption According to Banana, the value locked in the Bitcoin based decentralized finance we call that BTC Phi has surged more than 2700% over the past 12 months, potentially transforming Bitcoin from a passive store value into a productive yield bearing asset, according to new research from the largest exchange on the planet, Banana. BTC Phi is a new technological paradigm that aims to bring decentralized finance capabilities to the Bitcoin based layer. It is one of the fastest growing crypto sectors, reaching a total value of over $8.6 billion. The growing value of BTC Phi, along with the potential interest rate cuts may reinforce positive sentiment for Bitcoin in the medium and long term, according to Binance Research. Now if the Btc Phi sector growth trajectory continues, it could open up new opportunities for Bitcoin holders to generate yield through lending Bitcoin back loans, liquidity provision and other defi mechanisms. Quoting the Bance spokesperson here. This may contribute to a shift in how Bitcoin is perceived from a passive store value to a productive onchain asset. While it is too early to determine the full impact, these involving use cases could support broader adoption and over time strengthen the demand. Interest in BTC F surged after April 2024's Bitcoin having, which introduced the RUNES protocol, the first fungible token standard on the Bitcoin blockchain. Several Bitcoin native projects have helped accelerate the trend. Babylon introduced Bitcoin staking for the first time in the network history, enabling holders to earn passive income from their assets. Now hermetica launched the first Bitcoin back synthetic dollar USDH, which debuted with a 25 yield for investors. I also throw caution out there. Number one, I'm not familiar with this though I'm talking about it, so be Also very sus before just throwing your bitcoin in any platform to earn a yield because oftentimes you can get scammed. There's a lot of like you know, I should say unethical bitcoin yield platforms out there. In fact the majority of them are scammers. So just be careful. I just want to stress that caution Long term Bitcoin holders have restarted their bitcoin accumulation after the bitcoin supply held by the long term holders bottomed in February. Here you can see the bitcoin supply held by the long term holders versus.
Ann
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Ryan Reynolds
Long term huddlers are wallets that have been holding Bitcoin for at least 155 days. Growing accumulation from the long term holders have reduced the available bitcoin supply on the exchanges and I heard it's the lowest supply we have ever seen which will most likely lead to a supply shock driven by bitty price rally. The growing accumulation trend amongst the long term huddlers aligns with the significant period of adoption for the Bitcoin due to the establishment of the U S Strategic Bitcoin Reserve and growing institutional interest according to the research report. Look at the Trumpster right there. Signing Executive order over Executive order now. On March 7, Trump signed the executive order to create the strategic Bitcoin reserve using Bitcoin seeds from government criminal cases. Trump signed the historic Bitcoin reserve order a day ahead of the hosting of the first White House Crypto summit which he was accompan accompanied by Michael Saylor who proposed for America and Trumpster to purchase I think it was 25 of the Bitcoin supply which would be over 5 million BTC for the United States. And you guys already know that was the very first crypto summit for the White House. Let's discuss this big news here. American Bitcoin's ambition is to dominate the bitcoin mining space, according to the Hut 8 CEO. That's right. Earlier in the week, Bitcoin mining giant Hut 8 revealed the partnership that includes two members of the Trump family, Donald Jr. And Eric, let's go. Let's throw Baron in there. Why not? The holy trinity of the Trumpsters. And it plans to launch a new mining venture called American Bitcoin. In the exclusive interview on Decentralized with Cointelegraph Bite size insight series, Hut 8 CEO Asher Ganute shared new details about the venture's vision. Well, the timing was right and how the company plans to scale. Here's some of the headlights or headlights head highlights. We've thought about splitting out our bitcoin mining and energy infrastructure businesses for some time. Meeting Eric and Don Jr. And seeing their deep passion for bitcoin and infrastructure was the perfect catalyst. And according to Janut, the goal is clear to build one of the world's largest and most efficient bitcoin mining platforms rooted in American soil and align with pro bitcoin sentiment growing under President Trump's administration. Eric told me I don't want to get involved in anything that isn't the biggest and the best. Now the move comes at a and notice it's bitcoin and not ethereum. Guess it's the biggest and the best. The move comes at a pivotal moment for the US based mining. With China out of the picture post 2021 crackdown and Washington now openly exploring the idea of a strategic biddy reserve, America's place in the global mining ecosystem is under transformation. Still, size isn't everything. That's what she said. Ganut emphasized that efficiency and cost effectiveness are core to the strategy. Quoting them here, we don't want to just be the biggest, we want to be the most efficient and cost effective miner. I think he's hinting we want to be the most profitable in our cost basis. If our cost basis isn't low, we might just as well just buy bitcoin. Good point. If it's more profitable to buy the bitcoin over the mining, they're just going to buy the bitcoin. They can make it more profitable mining the bitty. They're just going to mine the bitty. They want to do it the biggest and the best and the most profitable. Now American bitcoin structure allows it to mine the bitcoin at a low cost, accumulate more than the market allows and potentially expand into other bitty ecosystem services. Hut 8 currently holds over 10,000 of the bitty on the balance sheet worth up to $1 billion. Dependent upon the market conditions, American Bitcoin aims to surpass that that. Now as the company isn't just bullish on the biddy, it's bullish on the power consumption. Ganut pushed back on criticism that mining wastes energy. Quoting them here Power consumption has only increased with every tech revolution. Cheap excess energy is what drives bitcoin mining. Just imagine if we had zero point energy, which is, you know, the theory is there's an abundance of energy energy that exists in the ether, for lack of a better term. And what if energy was free? Everyone in the world would be mining bitcoin, would they not? I'm just saying. Nikola Tesla discovered free energy like a long, long time ago. It's been suppressed. I'm just saying. I digress. Looking ahead, Hut Eights mining spin off has big ambitions. Our focus is a scaling Our focus is taking this company public on a U S Exchange. You'll hear more from us soon. Listen to the full episode. Yeah, we'll link it in the show notes below the video in the description as we do each and every day. Next story of the day. Here's the latest with GameStop. Headline reads GameStop CEO Cohen I believe it's Ryan Cohen buys 10 million of GameStop shares following the Bitcoin acquisition plan. That's right, Ryan Cohen, chairman and CEO. The retailer GameStop increases stake in the company following the firm's decision to add the biddy as a Treasury reserve asset. Finally, listen to the Gigachad. According to a Thursday filing, the US SEC won't let me be Cohen acquired an additional 500, 000 shares of the company's Class A common stock at 2155 per share, totaling approximately $10.78 million. This purchase elevates Cohen's total holdings to 37 million shares.
Ann
Wow, this house is cute.
Ryan Reynolds
But can I really get in the game in this economy? I do have savings and I am responsible. I should bury it. I'm being wild. But what if I'm not being wild, though?
Ann
Could I actually score a kick off.
Ryan Reynolds
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JV
It makes it easy to find out what you can afford so you can.
Ryan Reynolds
Get off the bench and onto the playing field with confidence. Check your buyability only on Zillow, representing 8% of GameStop's outstanding shares, according to the filing. Cohen's purchase comes on the heels of GameStop's board approving a plan in late March to invest part of its cash pile into Bitcoin. The firm also issued one and a half billion in convertible notes to raise funds for its Bitcoin acquisition plan. That capital raise closed earlier this week, which means finito completed, done deal, and they're probably in the process of buying bitcoin on the dip right now and if I was betting man, I'd say probably next week they're going to announce purchasing the 1.5 billion. And also note they have an additional four and a half billion in cash which is sitting like a Melton ice cube. So theoretically they have 6 billion which they could ultimately put into the bitcoin if they really wanted to. BME shares are slightly up pre market trading after falling over 7% on Thursday as U S stocks plunged in reaction to president Trump's tariff announcement. And as I shared, there has been a decoupling. Bitcoin's maintaining and in the green along with a lot of the crypto today while the stocks continue to get wrecked. But what does this tell me this means he is bullish on what he is doing and he believes in his company and he believes in the bitcoin acquisition plan or he wouldn't be investing 10 million. And I mean look at the other companies publicly traded which have embraced bitcoin as a treasury reserve asset. The most obvious is Michael Saylor's you know, MicroStrategy now known as Strategy B which was the first publicly traded company to put the video on the balance sheet. Now you also have all these other companies, you have the Japanese micro strategy Meta Planet as well as all these other companies and the stock prices are going through the roof. That's due to the bitcoin acquisition. Once you adopt bitcoin you're getting the support of all the bitcoin community. For example, me talking about this and all the other influencers talking about the stocks that are adopting bitcoin or doing the treasury reserve play the Sailor put as we call it. That's just more attention, more attraction and more investors looking to get rich. So game on now for our feature story of the day, the Giga Chad Michael Sailor Cheers for one million dollar Bitcoin made in the USA. In fact, he responded to the GameStop. CEO Ryan Cohen says, you're gonna love one million dollar Bitcoin made in the usa. So let's break this baby down starting with the tweet where it all started. Ryan says, I can't wait for my 10000 made in the USA iPhone. Sailor responds, you're going to love your one million dollar made in the USA Bitcoin. Let's dive a little deeper into the story and then I'll be sharing you all the recent tweets from the giga chat himself. So yeah, MicroStrategy now known as Strategy B founder, the largest corporate holder of bitcoin just recently purchased another 22000 BTC and made a plan, the 2121 plan. And that plan is to purchase $21 billion worth of Bitcoin over the next few years. I think he'll achieve that goal sooner than later, he recently said. Made in the USA Bitcoin is going to be worth a million dollars for going the bitcoin advocate was responding to the GameStop CEO Ryan Cohen's comment on X about the potential hike in Apple's iPhones when he made the remark. Note that the majority of iPhones are manufactured still in China, the country President Trump targeted the most as part of the global reciprocal tariffs he imposed on April 2. Dubbed the Liberation Day. Sailor told Cohen he will love the Made in USA bitcoin worth a million. Last month, President Trump not only announced the creation of the Strategic Bitcoin Reserve, but also vowed to make the US the bitcoin superpower. Sailor said in a previous post that against the backdrop of the stock market route tariffs following that Bitcoin offers resilience in a world full of hidden risks. And Sailor is known to be very encouraging of other companies such as GameStop acquiring Bitcoin. The strategy founder also expanded on the assets volatility. He said that traders sell what they can, not what they want to during the market panic. Bitcoin sell off only highlights its highly liquidity nature. Though Bitcoin trades like a risk asset short term, it shouldn't be correlated to a long term movement. A great believer in the long term potential appreciation of the Bitcoin value, Saylor has turned Strategy into the world's largest corporate huddler of the bitcoin now holding 528185BTC worth roughly $44 billion. Now though the firm stock couldn't escape the immediate market crash, it showed remarkable resilience and was up up 3.2% April 4, trading at $291 per share. And I promise to share with you the most recent tweets from the Gigachad. So let me refresh his X account and I'll just go down the line and read you what I can. So here we go. Here's some recent tweets Today's market reaction to tariffs As a reminder, inflation is just the tip of the iceberg. Capital faces delusion, dilution from taxes, regulation, competition, obsolescence and unforeseen events.
Ann
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Ryan Reynolds
In a world full of hidden risks. Very powerful words there. He also reminds us that divorce risks marry the bitcoin. That's right, divorce the risks marry the biddy. Bitcoin is the most volatile asset because it is the most useful. As he shares here, Bitcoin trades like a risk asset short term because it is the Most liquid, stable 24.7asset on the planet. In times of hence traders sell what they can, not what they want to. It doesn't mean it's correlated long term, it just means it's always available. This was in response to stupid cabbage hands Portnoy saying I don't understand why bitcoin goes down with the stocks and then Sailor had to enlighten them. He also wrote here bitcoin makes you the most interesting. Couldn't agree more and shows you micro strategy up 91 Tesla up 28 meta 10% Nvidia 9% Google 7% Amazon 3% Apple 3% Microsoft off 2% There are no tariffs on Bitcoin. Appreciate the reminder. Also, as you announced last week, my MicroStrategy treasury options resulted in a 15, 500 Bitcoin gain worth 1.3 billion at Bitcoin at 87G's baby. And there's only one thing that's better than the biddy more the bitties. Eric Trump and Donald J. Trump Jr. Are launching American Bitcoin which we touched upon aiming to become the largest Bitcoin miner and build the Bitcoin reserve. Observed that the Trump's belief in bitcoin clearly or they wouldn't be launching that and they want to make it the most profitable. As we touched upon earlier, don't be a fool, buy bitcoin and I'm going to leave you with a quote from the high priest of bitcoin, Max Kaiser. Gold is the poor man's bitcoin. And if you don't know now you 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, you on tomorrow's episode, Hoddle.
Podcast Summary: Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News Episode 1953: “You’re Going to LOVE Your $1,000,000 Bitcoin Made in The USA” Release Date: April 5, 2025 Host: Justin Verrengia
In Episode 1953 of "Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News," host Justin Verrengia delivers a comprehensive analysis of the current cryptocurrency landscape. Skipping over advertisements and intros, Justin dives deep into significant market movements, strategic corporate maneuvers, and pivotal developments influencing Bitcoin and the broader crypto market.
Justin begins by highlighting Bitcoin's impressive performance amidst a tumultuous stock market environment. As of the live broadcast, Bitcoin is trading at approximately $84,000, up by 2.3% for the day, signaling a decoupling from the S&P 500, which continues to falter.
Notable Statistics:
Justin Verrengia: “[Bitcoin] just broke its correlation with the S&P. This is not priced in and this is a sign of the times” (00:38).
Market Sentiment: The crypto market shows resilience with a majority of cryptocurrencies in the green on a daily basis, though weekly and monthly charts reveal a more bearish trend. The Crypto Fear & Greed Index indicates heightened fear, reflecting investor caution amidst global trade tensions.
Amidst global trade wars and declining US stocks, Bitcoin bulls are steadfastly defending the critical support level of $80,000.
Key Points:
Notable Quotes:
The first quarter of 2025 witnessed a significant increase in stablecoin supply, rising by over $30 billion to reach a record high of $219 billion by March 15th.
Insights:
Notable Quotes:
The emergence of Bitcoin D5 (Decentralized Finance on Bitcoin) is transforming Bitcoin from a passive store of value to a productive, yield-bearing asset.
Highlights:
Cautions: Justin advises caution, noting the prevalence of scams in yield platforms, emphasizing the importance of due diligence before investing.
Notable Quotes:
Hut 8's CEO Asher Ganute reveals plans to establish "American Bitcoin," aiming to create one of the world's largest and most efficient Bitcoin mining platforms on American soil.
Strategic Moves:
Notable Quotes:
In a strategic move, GameStop’s CEO Ryan Cohen has purchased an additional 500,000 shares of GameStop at $21.55 per share, totaling approximately $10.78 million. This brings his total holdings to 37 million shares.
Context:
Notable Quotes:
Michael Saylor, CEO of MicroStrategy, envisions a future where "Made in USA Bitcoin" reaches a value of $1,000,000, emphasizing Bitcoin's resilience and superiority over traditional assets like gold.
Key Developments:
Notable Quotes:
Justin Verrengia wraps up the episode by reiterating the importance of strategic Bitcoin accumulation and staying informed through premium crypto content. He emphasizes the bullish trends driven by institutional adoption, strategic corporate investments, and visionary leadership within the crypto space.
Final Quote:
Call to Action: Listeners are encouraged to visit cryptonewsalerts.net for a full premium experience and participate in live Q&A sessions to stay ahead in the ever-evolving cryptocurrency landscape.
Justin Verrengia:
Max Kaiser:
Asher Ganute (Hut 8 CEO):
Michael Saylor:
Disclaimer: This summary is intended for informational purposes only and does not constitute financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.