
"BRICS Will Leverage Gold Stablecoin to Counter US Dollar Hegemony" - Max Keiser
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JV
Crypto fam to no. 1 Daily Bitcoin Pod we're pumping back in the green baby. We've reclaimed 88, 000 here this morning. Let's get it. We'll also be discussing the latest technical analysis as we do each and every day. Now Tom Lee was just on CNBC and he says now that the deleveraging is done I think that Bitcoin is going to catch up to gold. You already know and gold just hit a new all time high of roughly 400 an ounce. Now also bitcoiner Plan B slams Ethereum calls it centralized and pre mined shitcoin. We'll also be discussing El Salvador works with Nvidia to develop a sovereign AI infrastructure. Those pretty big news as well as a massive BTFD Meta Planet tops 400 million Bitcoin holdings with new $28 million purchase. And of course Michael Sailor Strategy just bagged 6556 Bitcoin for 555 million last week. Also check it. Sailor keeps talking about Bitcoin as cyber Manhattan. Max Kaiser says at the rate the US is failing, strategy is succeeding. I predict Michael Sailor buys Manhattan. We'll also be discussing breaking news. Financial firm Jeffrey's analysts say China and Russia are encouraging more domestic Bitcoin mining as the global hash wars continue. Vanac confirms China and Russia settling energy trades in bitcoin a major step towards dollarization. And Max says that bricks will leverage gold StableCoin to counter dollar hegemony. 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 cryptonewsalerts.net Again, that's crypto news alerts.net Today is Pod episode 1969. I'm your host, JV. It's April 21st, so happy blackjack Day. It's the day after Easter. Hopefully you had a fantastic Easter weekend. Let me know in that live chat. But let's kick off today's show with our market watch as we do each and every day. You should be able to see coin360 pulled up here in your screen. Bitcoin's still up 2.2% on the day, trading above 86, 400. A few minutes ago we're above 88. So we did correct some, but it has been bullish since the weekly close from yesterday, which is a good sign. Ether not a good look. It's all the way back down in the 1500 range and in the red on the day. While XRP, BNB and Cardano are pumping and in the green and checking out the coin market cap dot com. The current crypto market cap sits at 2.72 trillion. We're back on a rise. Bitcoin market cap 1.72 trillion. So the entire crypto market cap is literally a trillion higher than bitcoin itself. Itself, which has the, you know, dominant market share. We have 83 billion worth of volume past 24 hours. Bitcoin dominant soaring today we're up to 63.4%. Ether dominance at a multi year low of 7%. Things not looking so good for ether. Checking out top 100 gainers past 24 hours. We got stacks. A very respectable altcoin up 12% on the day. As you know, that's on the bitcoin network. Shout out. Caspa up 8% and Decentraland up literally 8%. And however, very modest gains after that. So interesting but we'll pull up the crypto bubbles. Get a visual perspective here. Let's start on a day and we work our way backwards. So safe to say today looks like like 65, 35 green over red overall. Zooming out for the weekly perspective, I'd say 7013 green over red. But for the monthly there's a little humble pie for y altcoiners. Majority of the alts correcting. And in the red I'd say like 8020 right over green and checking out crypto greed and fear index today we're 39 in fear yesterday 37 last week at 31 last month of 32 and checking out the infamous time chain calendar. We're currently on block number at 893 383. We currently have 156,617 blocks till the next having of 2028 and you can currently exchange one fiat monopoly dollar for 1152 SATS. So pick up the SATS, put down the gats and pick up some bitcoin caps from my man sergio over@bitcoincaps.net let's continue. We'll do a little TA aka astrology for the broskis. I mean of course after the infamous freeze frame. I mean but yeah, Bitcoin rally above 100 GS may follow u S Treasury buybacks quarter according to Arthur Hayes. Just blaze and that's right, shout out Arthur King Arthur. Might I add investors seeking a bitty exposure may be running out of time to purchase below the six figure price as u. S Treasury buybacks may signal the next leg up for the biddy. This might be your last chance broskis to buy bitcoin below a hundred thousand according to Arthur hayes. Just please.
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JV
Quitting them here. Seriously fam, this might be the last chance to have to buy the bitcoin booth. Hinting an incoming treasury buyback as the bazooka for the bitcoin price trajectory. Yahtzee mofos. One of my favorite catchphrases from this man. Treasury buybacks refer to the U. S. Treasury department repurchasing outstanding bonds from the open market to increase liquidity, manage federal debt or stabilize the interest rates. These operations can inject liquidity into the financial system, often benefiting risk assets. The pre little bitty going up forever. Laura Other analysts predicted that the growth of the fiat money supply will be bitcoin's main catalyst this year in 2025. Let me know you agree. Disagree now Jamie CS of Real Vision says the bitty price could be pushed above 132,000 before the end of the year. I mean to me that's a given. I'm projecting 132,000 second quarter here in the year. Let me know your thoughts. Meanwhile, global trade war concerns may limit investor appetite until the US and China reach a trade agreement. Bitcoin briefly rose this morning above 88,000. Had a little bit of correction but we're still up in the green. Up roughly 22 hundo on the day. Quoting analysts here, looks like bitcoin is a pumping on the continued dollar weakness. Precisely right. The weakening dollar which is most likely going to continue. And quoting Ryan Lee, chief analyst at Bitget Research, strong volume and technical confirmation from a descending wedge breakout suggest a potential obsess at a 90,000 resistance with the macro factors like a weakening dollar and rising gold correlation. Reinfor Nvidia peel as a hedge. And if you don't know, now you know. And some other news. Tom Lee was just on cnbc squawk box and says now that the deleveraging is done, finito. I think the bitcoin is going to catch up to gold. Take that Peter Schiffmeister. As you know, gold has been breaking out hitting new all time highs. That was roughly 3, $400 last night or early this morning when I looked. So if you don't know now you know. And we'll also pull up the live chart because it's one of my favorite segments of the stream so you can see where the bitty price action is and where it's likely to go next. And shout out everyone in that chat. Happy 420. Roughly 420 people on the stream. Let's get it. But yeah, let's pull up some of this chart work. Family lamb. This is the live chart via Trading view via Coinbase and you can see how much we were ascending here. Big mega green candles, consecutively massive. And then we had a little correction back but again we're still above 87 so not too shabby. This is a one hour chart you're looking at. And again, live chart action Jackson. This is a four hour consecutive 1-2-345 consecutive green closes. So past 24 hours have been very bullish and small corrective candle when we hit 88. Currently just above 87. 1 and continuing to climb. Would not be surprised if we recapture 90000 here today and maybe we'll flip today's stream to a pump watch when we're done with all the bitty news. Zooming out a little further we take a look at a daily good sign today. Big green candle already forming yesterday. Itty bitty green. The day before a green candle says three green consecutive days. Shout out Green Day. Y'all remember that band? Remember the album Dookie? Sometimes I give myself the creeps, Sometimes my mind plays tricks on me. But anyways, speaking of the green day, zooming out a little further, we'll take a look at the weekly as you can see here. Notice I said weekly. We e k not weak silly bears. But yeah, you can see three consecutive green weekly candle closes baby, I love it. And we did get a very strong close yesterday. Hence why we continued our bullish momentum trajectory. Cup and handle target says 124000 again. Would not be surprised if we hit that very soon here in the second quarter of 2025, the year preceding the having the most bullish time of the cycle. Yeah, I mean and zooming out a little further, we take a look at the monthly and the monthly says it's going up forever. JT. Thus far Bullish got another 10 days to go for the monthly close. But yeah, we're so back after a couple of straight up months of bearishness. Remember we hit the all time high all the way back on January 20, which was inauguration day. We've been correcting since. Will we recapture price discovery? Holla at your boy. Let me know. Yeah, next story of the day. Broskis headline here. Oh this is actually an interesting headline. I know. Bring facts will enjoy it. Bitcoin or Plan B slams Eth calls it centralized pre mined shitcoin. That's right, synonymous Bitcoin stock flow model creator Plan B attacked Ethereum and mocked the project's co founder, Vitalic Buterin. Plan B mockingly reposted A post from 2022 of Buterin in which the co founder of Ethereum said Stock to flow is really not looking good now. Plan B responded with a new post stating Ethereum is really not looking good now. It's called Karma Vitalic. It is what it is. Plan B also said I know it's impolite to gloat and all that, but I think shitcoins like ETH that are centralized and pre mine have piece of instead of proof of work, switch supply schedule at will, are harmful and deserve all the mockery they get. Let me know if you agree disagree with Plan B and in his response to Buterin's criticism from years ago.
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JV
Ethereum and the network's coin Ether are centralized and pre mine. Well that's a fact pointing to its shift and proof of stake. That's a fact. It once was proof of work and then it changed and it's been all downhill since and change the issuance rate and he said that those features are harmful. That's a fact and deserve the mockery they get Fact echoing Buterin's old comment about the stock to flow. So be careful who you criticize there Vitalic Now Plan B explained that an ethereum full node requires 9 terabytes of disk space, meaning he cannot run it on his hardware. The kind of node in question is probably an Ethereum archival node, which according to the Ether Scan data requires over 21 terabytes with the GU client. Yeah, an Ethereum full node running the GU client that prunes older states with the default settings requires 1.28 terabytes according to the Ether Scan data. The Bitcoin and Ether communities have long debated what constitutes full node. This type of prune node cannot access the full historical data or generate Merkel proofs of the old blocks, which limits its research and bug finding apps. Still, such nodes can engage in full trustless block and transaction validation. Bitcoin's full nodes require under 400 gigs according to Statista Data. Now, not everyone views the criticism as founded Jeremiah O'Connor, Chief Technology Officer and co founder of crypto security firm True Guard Shared Plan B's take is classic Bitcoin Maxi energy. Loud, confident and missing half the picture. Well I embrace that as a Bitcoin maxi. Yes we are loud. Yes we have the Bitcoin Maxi energy and no, we just understand Bitcoin enough to understand that there is no second best. And we also understand the truth about Ethereum. There is a reason it's been constantly declining in market share and value against Bitcoin since they switched their protocol. Nobody trusts this centralized pre mine garbage any longer and I think it's pretty clear. But anyways, calling Ether shitcoin because it's not Bitcoin is like calling smart phones a scam because they're not landline. And again the you know, people don't like Bitcoin are pissed off but so be it. Let me know if you agree. Who do you agree more with? Let's just keep it simple. Do you agree with Vitalik or do you agree with Plan B? Personally I'm not so fond of Ether. I don't trust it. It is centralized, it is pre mined and there's a reason a lot of people have lost trust in it over the years. But anyways, next story of the day. Bitty Broskis this. This headline caught my interest. El Salvador works with Nvidia Major, one of the largest stocks, I believe one of the magnificent seven to develop a sovereign AI infrastructure. Let's get it. El Salvador, the first country in the world to adopt Bitcoin, make it illegal to enter shadow, is working with the computer chip giant Nvidia to implement the AI for the national development. El Salvador signed a letter of intent to collaborate with Nvidia on sovereign AI driving innovation and economic growth. According to the National Bitcoin Office of El Salvador. They just made the announcement here today. Big news. As part of the collaboration, El Salvador will benefit from Nvidia's AI tools, resources and expertise enabling the development of sovereign AI capabilities targeting priorities related to culture, language, environment and economy. Quoting them here, El Salvador will focus on building domestic AI infrastructure, upskilling the workforce, creating solutions to address local challenges such as improving healthcare delivery, advancing education and boosting economic productivity. El Salvador's latest collaboration with Nvidia marks the country's commitment to encouraging AI usage to optimize multiple processes within the government and society. With its new AI push, El Salvador intends to establish AI training programs for developers, researchers and government officials to ensure the nation has the talent to sustain its AI ambitions. So this is pretty major not just for Nvidia, but obviously for the nation of El Salvador. Bitcoin COUNTRY El Salvador's Nvidia partnership adds to the growing list of AI focused initiatives. As you know, embracing Bitcoin and AI pretty big time. In March of 2025, the ON BTC announced Salvador's university level public education AI program. Sayu be Cubo touted as the only national education program bringing top tier field experts. And of course you know you got Stacy Herbert behind that doing all that greatness. Uh, so shout out Stacy and Max of course, who are, you know, responsible for creating Bitcoin country on the real. And last year Wood predicted El Salvador's Bitcoin and AI plans may boost GDP tenfold. Looks like she is one smart cookie after all that Cathie Wood A while El Salvador has been aggressively introducing AI initiatives, its Bitcoin ambitions have been somewhat deterred. As you know regarding the IMF. They recently took the 1.4 billion dollar loan. However, there's been a lot of FUD coming out of the IMF. The bottom line is they're continuing to purchase their Bitcoin and they're not, you know, stopping buying. In fact, they've been increasing their bitcoin buys as a result since taking the 1.4 billion dollar loan. So my understanding is like don't miss.
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JV
They offered Bukele 1.4 billion. He's like sure. And then he's like thinking I'll just buy more bitcoin with it. Thank you. IMF is what it is. What are you gonna do? Big buy from Meta Planet. And also we got a big buy from Sailor Microstrategy now known as Strategy B. Then we'll discuss the latest with the bricks movement, the dollarization movement towards Bitcoin, the global hash war and the goal back stable coins and all that good stuff. And then we'll do some live Q A and most likely flip it into a pump watch. But let's start right here. Japanese investment firm Meta Planet increases bitcoin to more than 400 million after its latest purchase. Meta Planet acquired 330 of the bitty for 28 million at an average price of 85 GS per bitty bringing the total holdings to 8,555 Bitcoin worth 414 million. According to their CEO. The firm's Bitcoin yield surpassed 119% year to date. After the latest investment as their CEO announced here on X. Metaplanet has acquired 330 of the bitty For 28.2 million at 85,006 hundo per Bitcoin and has achieved the biddy yield of 119.3% year to date. 2025 as of April 21st. Today we hold 4,855 of the biddy acquired for 414 of the millie at 85.3honda per the biddy get with the bitcoin slang and if you don't know now you know. Meta Planet issued 2 billion of the Japanese Yen which is 13.3 million USD of the bonds to buy more of the biddy on March 31st roughly a month ago. The 414 million of the bitty holdings made make Meta Planets Asia's largest and world's 10th largest corporate Bitcoin hodler according to the Bibo data. And the crowd is going wild. Meanwhile Emmanuel Cardozo market analyst and asset tokenization platform Bricken the growing institutional presence of the firm such as Strategy and Tether is accelerating the four year bitty cycle. Let me know if you agree. Do you think the four year bitty cycle is accelerating? Quoting them here, that puts the bottom at around quarter three this year and a peak of mid-2026. But I think we might see things move a bit sooner because the market's more mature now with more liquidity. Good point. So he's basically a proponent of the extended cycle. So he does believe we hit a cycle peak thus far in the cycle this year, but he thinks next year instead of it flipping bearish into a winter will continue for another bullish year hitting yet another all time high. Let me know if you agree or disagree with that. The latest acquisitions from Meta Planet are part of their plan to accumulate 21000000 Bitcoin by the end of next year. Their goal for this year is 10000 Bitcoin and they're well on track. Often dubbed Asia's micro strategy, Meta Planet has drawn comparisons to Sailor's company as they often follow his blueprint which I refer to as the Sailor put But anyways next story of the day fam the latest from Strategy B Major acquisition just as we called he posted the Sailor tracker on Sunday. Every time he has done that the following day he makes the big announcement of buying the Diplomatic so headline reads Michael Saylor strategy bag 6556 Bitcoin for 555.8 million last week according to their latest SEC filing. And as you know they're the world's largest bitcoin holder as far as publicly traded companies and they were the first publicly traded company to do so back in I believe that was in 2020. Strategy just acquired 6556 Bitcoin for 555.8 million from April 14th to the 20th at an average price under 85000 per coin, meaning they're already in the green and profit the firm announced it in its latest 8K filing with the US SEC. The latest purchase accounts for 1.2% of the strategy. Total Bitcoin holdings of 538200 well on his way to a milli as of 420. Happy 420 for the Broskis acquired for an aggregate amount of 36 and a half billion and at an average price of 67, 000 per Bitcoin. So clearly in the green multiple billion dollar unrealized gains. The latest Bitcoin purchase was funded using proceeds from the common ATM and STRK ATM stock offerings including the sale of 17 or 1.755 million strategy shares at 547 million and 91, 000 shares of Series A preferred stock sold for 7.8 million. Hence sailor Bitcoin Alchemist. The latest purchase follows strategies 3459 BTC acquisition reported April 14th which was first announced purch term after March 31st prior to that strategy did not report a bitcoin buy between March 31 and April 6 breaking the usual cadence as bitcoin fell below87,000 so they ultimately took a one week break before they continued the bitty buying spree. Now this is a good quote from Max regarding Sailor. Sailor keeps talking about Bitcoin as Cyber Manhattan. At the rate the US is failing, the strategy B is succeeding. I predict Michael Saylor buys Manhattan. And if you don't know now, you know now for our feature story of the day. Max Kaiser says bricks will leverage goal Stablecoin to counter the dollar hegemony and VanEck confirmed China and Russia settling energy trades in Bitcoin.
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JV
Subject to change which is obviously a major step towards dollarization and also breaking news just in shared today from Bitcoin magazine, Financial firm Jeffries Analyst said says China and Russia are encouraging more domestic bitcoin mining. Now this leads to a term coined by Max Kaiser many years ago which is the global hash war where companies or countries I should say are competing for bitcoin. For example, Trump who announced he wants to make America the bitcoin mining hub of the world, there's only enough bitcoin to go around for one country to become the bitcoin dominant superpower. And this is according to the likes of Max Kaiser and Michael Sailor. So they're really urging and pushing for the Trump administration, hence their pro bitcoin to really do something here and establish America as the bitcoin superpower by purchasing as many bitcoin as possible as possible. And as you know, as long as it's a net neutral way to do so, they have the green light to do it. Whether it's trading gold, derivatives, paper notes or whether it's, you know, other creative ways they can find money being wasted and just pour it right into the bitcoin or whether it's just printing money out of thin air as money printer go burr. But these are some viable ways for the United States to get their hands on somewhere between 1 to 5 million bitcoin which is what sailors proposing for Trump to do. And if you do the math, 5 million Bitcoin would literally be 25% of the supply which is mind blowing. But as you can see in the key takeaways here highlighted in the yellow Bitcoin mining difficulty is increasing partially attributable, attributable to China and Russia encouraging more domestic bitcoin mining. While the typically post having bitcoin price rally has occurred mostly due to the election of Trump, the increase in the network hash rate has pushed up the difficulty and reduced hash price. That's right, the difficulty continues to hit a new all time high which is a good sign. And these tweaking economics are further pushing the miners to explore a pivot. So let's go, let's dive a little deeper. This was more recent news. Vanek, major asset management giant who projects bitcoin reaching like a billion dollars per coin the next 20 years. They confirm China and Russia currently settling energy trades using bitcoin. So we're going to tap into this and we'll go from there. Bitcoin has become more than just a speculative asset. It is now evolving into a functional monetary tool, especially an economy seeking to bypass the US dollar, reducing exposure to U S led financial systems. Vanex, head of research says China and Russia have reportedly begun settling some energy transactions in bitcoin and other digital assets which is clearly a significant step that further drives the narrative of de dollarization. Hence in support of of the bricks movement. The global financial landscape has been changing rapidly with The Trump admins April 2nd tariff package reigniting trade tensions. The terrorists targeting imports from China and the European Union have heightened risks of monetary and geopolitical fragmentation. Van Acknows this policy shift might be bullish for the biddy as it could prompt the Fed to cut the rates. Will they cut the rates though? What are your thoughts? The report explains that if tariffs affect GDP without causing a fresh inflation spike, it may reintroduce the liquidity conditions under which Bitcoin has historically excelled. This sets the stage for Bitcoin to benefit from an environment where liquidity is more favorable and interest in digital assets continues to rise and in developments. China and Russia's decision to settle this energy trade using Bitcoin signals a shift towards crypto adoption on the global stage. Venx report emphasizes that this is no longer a theoretical concept step, but a tangible reality. It's happening. Quoting them here Bolivia has announced plans to import electricity using crypto, and French energy utility EDF is exploring whether it can mine Bitcoin with surplus surplus electricity currently exported to Germany. These examples are indicative of a broader shift as nations begin using Bitcoin not just as a store of value, but also as a tool to circumvent the dollar base financial system. The weaponization of trade and financial infrastructure, largely led by the U S has fueled this movement. Countries increasingly seek neutral settlement systems that avoid dependency on the dollar, and Vaneck highlights that Bitcoin's growing adoption by nations like China and Russia could clearly accelerate adoption of crypto as an alternative settlement layer, marking a crucial shift in the global trade dynamics. Well said. I also want to touch upon this this Max Kaiser stated that bricks driven by China and Russia and India will push the adoption of a gold back stable coin which he has been calling to fight the hegemonic US Dollar stablecoin. The former will have the advantage of being inflation resistant, according at Capella University.
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JV
Fees apply to Max Kaiser, so let's dive a little deeper here. International markets are on the verge of a fight for dominance where emerging groups will defend their independence from the US US Dollar dominance. Max, current Crypto Advisor to the Bukele administration and as we know, the Bitcoin mega perma Bull claims that gold will be one of the tools leveraged to counter the hegemony of the upcoming dollar. Stablecoin that's right and quoting Max Gold is the poor man's bitcoin. Take that Peter Schiffmeister. Kaiser took it on X to explain what would happen in a scenario where the dollar starts becoming ubiquitous in international trade market targets with alternative blocks putting a defense organized with the digital gold right at the center. Quoting them here from X. The bricks, principally Russia, China and India will counter any attempt by the U S to introduce a hegemonic USD backed stable coin with a gold backed stablecoin. So that's what he firmly believes is going to happen. Furthermore, he added that this alternative would be favored by other countries which would prefer a gold backed token given it offers protection against inflation and does not boost the US hegemony which is ultimately their dominance and their reign. Kaiser added that adopting a gold currency would be easy, at least in India. Quoting them here, India already runs on a de facto gold standard and Sharia law in Muslim countries that's a fact would dictate over a USD Reba coin as well. The idea of a bricks gold backed currency serves in 2023 when the concept of a bricks unified token was still a part of the agenda of the international group. Economist Jim Rick Rickards stated that the currency would mean trouble for the dollar as it would go up as inflation and devaluation at the US economy ostensibly leading to the Greenbacks destruction. Nonetheless, the idea did not crystallize. President Trump warned that he would hit the bricks with a 100 tariff regime if they dared to play the games with the dollar, creating their currency to conduct intra and extra block trading transactions. And if you don't know now you know. Let me know your thoughts with some of those headlines, especially regarding China and Russia encouraging more domestic bitcoin mining as the global hash war continues. Bitcoin Game theory in full effect and if you don't know now you know. Welcome everyone to the Q A segment of the live stream. I've been getting 3% yield risking only 10 of the Biddy since 2019. Stablecoin usage will also help the dollar but could stand indefinitely against the gold backed true non fiat currency. Dana says Good deal. I think one of the most interesting ways to make the video is to make some in the liquidity pools. Your bitcoin rewards unrealized gains making your stack bigger, not income I believe unless you sell according to the data biter. Word up. But here's what we're gonna do. Now that we're at the Q A segment of the stream, I have 20 minutes max. I can stick around before I have to head out, pick up my daughter. So we're gonna play Bitcoin army track produced by Chandy. The music video has never been shared before, so we're going to premiere it for the first time right here live on stream. You guys got to let me know your thoughts on it and then we'll do a little bit of Q and A and we may just flip it to a pump. Watch. That way I can keep the stream running while I'm out and about picking up my daughter, give you guys some entertainment, and we'll jam out to some Chandy jams. Of course, we have the the playlist all updated and all that good stuff. So yeah, give me a second. Let's play Chandi's brand new music video. Bitcoin Army Attention.
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Hodl Gang rise up we go left, left, left left right left Bitcoin is the IQ test They bound us in chains we broke them with blocks Ghosts of satoshi pop the locks Bitcoin goes from back was the high rise we found the flame master Mountain cities, tiny towns forged together with the orange race I'm a member of the Hodl Gang in the bitcoin army A bull stacking sats guarding calmly Orange pilled wearing bitty camel swagger Roller coaster junkie with a BTC dagger Came from the silence woods Knew my name Cabin on the edge Owls call me to my claim Quartz in the rock Fire in my chest Left, left left right left they can't decode what the spirit encrypted no backdoor hack no keys getting lifted Guard in the flame can't break what's real Bitcoin is truth it's the winning hand the real deal Ding ding Bitcoin army pushes BTC we're the Hodl Gang we rise, we ride Bitcoin army one walk with pride one by one while the fiat crawls March with fire never stall One truth, one chain we answer the call Stacking saps with every breath Left, left, left, right, left not for the banks we're fighting to use our own money we're bunkered down and ready when the system wants to fud me Decentral mine can't trace this route Even n configure me out they hedge with noise we answer facts while they chase pumps we don't relax we play chess like royalty we're not pawns Dragons light in the sky Orange in the digital dome fringe we never flinched this isn't a dream no need to be pinched Rooster struts, dragon roars Wolf wants an I will keep store we see the grid and we don't forget Left, left, left, right, Bitty soldiers march forward, up and down never gonna sell we don't sell out have no doubt that's a rock Foreign.
JV
And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q and A. And I look forward to seeing you on tomorrow's episode. Hoddle.
Podcast Summary: Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Episode: 1969: Bitcoin Mining Global Hash War - USA Vs. BRICS Gold-Backed Stablecoin
Host: Justin Verrengia
Release Date: April 22, 2025
In Episode 1969 of "Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News," host Justin Verrengia, known as JV, delves into a comprehensive analysis of the current state of the cryptocurrency market. The episode, released on April 22, 2025, titled "Bitcoin Mining Global Hash War - USA Vs. BRICS Gold-Backed Stablecoin," explores significant developments in Bitcoin mining, geopolitical maneuvers involving BRICS nations, and the evolving landscape of stablecoins backed by gold.
JV kicks off the episode with an extensive market watch segment, providing listeners with real-time updates and technical analysis:
Bitcoin Performance: Bitcoin has reclaimed the 88,000 mark, trading above 86,400, with a notable upward momentum since the weekly close. JV notes, "Bitcoin's still up 2.2% on the day, trading above 86,400. A few minutes ago we're above 88. So we did correct some, but it has been bullish since the weekly close from yesterday" (01:00).
Ethereum and Altcoins: Ethereum is facing challenges, currently languishing in the 1,500 range and in the red. In contrast, XRP, BNB, and Cardano are experiencing gains. "Ether not a good look. It's all the way back down in the 1500 range and in the red on the day" (01:00).
Market Capitalization: The overall crypto market cap stands at $2.72 trillion, with Bitcoin alone accounting for $1.72 trillion. JV highlights the dominance of Bitcoin with an 83 billion trading volume in the past 24 hours and a dominant market share of 63.4%. "Bitcoin dominant soaring today we're up to 63.4%" (01:00).
Top Gainers: Notable performers include Stacks (+12%), Caspa (+8%), and Decentraland (+8%) among the top 100 gainers in the past 24 hours.
Crypto Sentiment: The Crypto Greed and Fear Index is at 39, indicating a slight fear in the market, up from 37 the previous day.
JV references Tom Lee's recent appearance on CNBC, where Lee confidently states, "Now that the deleveraging is done, I think that Bitcoin is going to catch up to gold" (05:58). Lee points out that gold has reached a new all-time high of approximately $4,000 per ounce, positioning Bitcoin as a formidable contender against traditional assets.
Plan B, a prominent Bitcoin advocate, takes a jab at Ethereum, labeling it a "centralized and pre-mined shitcoin." "Ethereum is centralized and pre mine, well that's a fact pointing to its shift in proof of stake" (12:02). Plan B criticizes Ethereum's transition from Proof of Work to Proof of Stake, arguing that it undermines the decentralized ethos that Bitcoin upholds.
El Salvador, the first country to adopt Bitcoin as legal tender, announces a collaboration with Nvidia to develop a sovereign AI infrastructure. JV elaborates, "El Salvador will benefit from Nvidia's AI tools, resources, and expertise enabling the development of sovereign AI capabilities" (11:32). This partnership aims to enhance national development through AI-driven solutions in healthcare, education, and economic productivity.
Meta Planet's Significant Purchase: Japanese investment firm Meta Planet has increased its Bitcoin holdings to over 400 million by acquiring an additional 330 BTC for $28 million at an average price of $85,000 per Bitcoin. "Meta Planet's Bitcoin yield surpassed 119% year to date" (17:31).
Michael Saylor’s MicroStrategy Boost: Michael Saylor's Strategy B recently acquired 6,556 BTC for $555.8 million, bringing their total holdings to 538,200 BTC. "Sailor keeps talking about Bitcoin as Cyber Manhattan. At the rate the US is failing, Strategy B is succeeding" (17:31).
Jeffries analysts report that China and Russia are urging increased domestic Bitcoin mining as part of the ongoing global hash war. "China and Russia are encouraging more domestic bitcoin mining as the global hash wars continue" (23:05). This move is seen as a strategic step towards reducing dependence on the US dollar and promoting dollarization through Bitcoin.
Max Kaiser further comments on this geopolitical shift, stating, "BRICS will leverage gold-backed StableCoin to counter dollar hegemony" (17:31). Kaiser envisions a gold-backed stablecoin as a formidable alternative to USD-backed stablecoins, highlighting its inflation-resistant properties.
JV references multiple experts predicting Bitcoin's ascent:
Arthur Hayes: Predicts Bitcoin could breach $100,000, especially with upcoming US Treasury buybacks. "This might be your last chance broskis to buy bitcoin below a hundred thousand" (05:58).
Jamie CS of Real Vision: Foresees Bitcoin reaching $132,000 by the end of the year, suggesting an accelerated four-year cycle due to increased market maturity and liquidity.
Institutional adoption is reinforcing Bitcoin's role beyond a speculative asset. VanEck’s research emphasizes Bitcoin's utility in settling energy trades between China and Russia, marking a pivotal shift towards crypto adoption in global trade dynamics.
Max Kaiser predicts that BRICS nations will adopt a gold-backed stablecoin to challenge the US dollar's dominance. "Gold is the poor man's bitcoin... BRICS... will counter any attempt by the U.S. to introduce a hegemonic USD backed stablecoin with a gold backed stablecoin" (28:33).
The episode underscores the strategic implications of Bitcoin in global economics:
Hash Wars: The competition between the USA and BRICS nations to dominate Bitcoin mining is intensifying. This global hash war is reshaping the geopolitical landscape, with Bitcoin at its epicenter.
Dollarization Efforts: China's and Russia's use of Bitcoin for energy trades signifies a move towards de-dollarization, potentially diminishing the US dollar's hegemony in international trade.
Gold-Backed Stablecoins: The proposed gold-backed stablecoin by BRICS is seen as a countermeasure to dollar dominance, offering an inflation-resistant alternative that aligns with their economic sovereignty goals.
Towards the end of the episode, JV transitions to a live Q&A segment, engaging with listeners on various topics:
Four-Year Bitcoin Cycle: Discussions revolve around whether the current cycle is accelerating, with experts like Emmanuel Cardozo suggesting a possible peak by mid-2026.
Adoption Strategies: Followers debate the merits of Bitcoin versus Ethereum, reflecting the ongoing divide within the crypto community.
Future Content: JV hints at introducing a new music video and possibly transitioning to a pump watch, aiming to keep the community entertained and informed.
Episode 1969 of "Crypto News Alerts" provides an in-depth exploration of the dynamic forces shaping the cryptocurrency landscape. From institutional investments and geopolitical strategies to critical analyses of competing cryptocurrencies, JV offers listeners a thorough understanding of the current trends and future projections. The discussions highlight Bitcoin's growing significance as both an investment and a tool for economic sovereignty, positioning it at the forefront of the global financial revolution.
Notable Quotes:
JV on Bitcoin vs. Gold: "Now that the deleveraging is done, I think that Bitcoin is going to catch up to gold." (05:58)
Plan B on Ethereum: "Ethereum is centralized and pre mine... are harmful and deserve all the mockery they get." (12:02)
Max Kaiser on BRICS and Stablecoins: "BRICS will leverage gold-backed StableCoin to counter dollar hegemony." (28:33)
For the full premium experience with video content and to participate in live Q&A sessions, listeners are encouraged to visit cryptonewsalerts.net.
This summary captures the key points, discussions, insights, and conclusions from Episode 1969 of "Crypto News Alerts," providing a comprehensive overview for those who haven't listened to the episode.