
"Capital 21 vs. $MSTR. Jack & Co. are throwing the USD under the bus. Saylor not so much. Net, net, 2,200,000 in play."
Loading summary
Lowe's Advertiser
At Lowe's Pros save big on the supplies you need to get the job done with the new Mylo's Pro Rewards program. Get member only deals every week and access to free standard shipping. Plus members earn points toward exclusive rewards. Join for free today. Lowes we help you save. Points are awarded on eligible purchases. Programs subject to terms and conditions. Free standard shipping not available in Alaska and Hawaii. Exclusions and more terms apply. Details@lowe's.com Terms subject to change At Capella.
Capella University Advertiser
University, you can learn at your own pace with our Flexpath learning format. Take one or two courses at a time and complete as many as you can in a 12 week billing session. With Flexpath, you can even finish the Bachelor's degree you started in 22 months for $20,000. A different future is closer than you think with Capella University. Learn more@capella.edu fast as 25% of students cost varies by pace, transfer credits and other factors. Fees apply.
JV
Welcome Bitcoin fam to no.1 Daily Bitcoin Pod as you can see we're pumping in the green up over 2500 on the day looking to recapture that coveted six figure milestone. Michael Sailor says if I'm lucky enough to grind to 10% of the Bitcoin supply, Bitcoin is going to be $50 million per coin. Send it Also El Salvador continues to buy the dip and Bitcoin ETF inflows top 500 times the 2025 average and a significant deviation.
Co-Host
Also be discussing Bitcoin entering the world's.
JV
Top five largest assets, officially surpassing Google Silver and Amazon. We'll also be discussing the new SEC chair will be good for Bitcoin according to the Giga Chad, Michael Sailor as well as Tesla holds on to Bitcoin as Elon says time at Doge to drop significantly.
Co-Host
Also the massive breaking news.
JV
Canter plans $3 billion crypto venture with soft bank Bitfinex and Tether. That's right Cantor Fitzgerald back 3 billion dollar microstrategy competitor will be named 21 and launch with 42, 000 Bitcoin. And for the kicker Jack Mahlers will be the CEO.
Co-Host
Game on.
JV
And quoting the high priests of bitcoin max kaiser capital 21 versus microstrategy.
Co-Host
Jack and company are throwing the USD under the bus. Sailor not so much net net 2.2.
JV
Million dollar bitcoin in play. We'll also be taking a look at.
Co-Host
The overall crypto market.
JV
All this plus so much more here on hump day. Let's get it 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 number 1971. I'm your host JV. It's April 23rd, 2025 and the markets continue ascending, which we love to see.
Co-Host
Bitcoin up another $2,500 on the day.
JV
So let's kick it off with our.
Co-Host
Market watch via coin360.
JV
Should be able to see on your screen here. Bitcoin up roughly 3% on the day, trading just shy of 94,000.
Co-Host
We did tap around 95 yesterday. In that ballpark Ether is up 6%, trading at around 1,800.
JV
XRP is in the green. A lot of the alts pumping the green and checking out coin market cap.com the current crypto market cap is almost back at the coveted 3 trillion mark.
Co-Host
Currently 2.93 trillion to be exact.
JV
The bitty market cap is on the rise just shy of 1.9 trillion and we have 134 billion worth of volume.
Co-Host
For the past 24 hours.
JV
Bitcoin dominance has been climbing, which is nice today at 63.5%.
Co-Host
Even the ether dominance up a little.
JV
Itty bitty bit bit today 7.4% and checking out top 100 crypto gainers of.
Co-Host
The past 24 hours. Craziness. You got the Trump meme coin soaring up 56% today. I wonder why. I don't know exactly why I got to look into it, but interesting.
JV
Onyx coin up 23% and SUI up 22%.
Co-Host
Which alts if any are you bullish on for this bull run? Holla.
JV
And checking out the crypto bubbles.
Co-Host
We get that visual perspective on the day and it's safe to say like 95% of the market in the green.
JV
I dig it out for the weekly.
Co-Host
Wow, maybe 97, 98% of the market in the green and zooming out for the monthly. Unfortunately the majority of the alts are in the red but it is what it is. Fartcoin leading the pack alongside XCN and checking out the Crypto Greed Inferior index. Today we're 72. We haven't been this high in greed in a very long time. It's probably been a couple of months. Yesterday at 47 and last week a 29 in fear, last month of 45 in fear and checking out the infamous time chain calendar we have 156, 323 blocks into the having of 2028. We're currently on block height number 893677 and you can currently exchange one fiat monopoly dollar for 1066 sats. So pick up the sats, put down the gats and go ahead and do yourself a favor and pick up some bitcoin caps from my man sergio over@bitcoin caps.net also Michael Saylor says in a new I am lucky enough to grind to 10% of the supply which is his goal. Bitcoin is going to be 50 million per coin. And quoting P. Diddy before he became the Diddler. Can't stop, won't stop. We bad boy for life.
JV
No diddy but anyways. Also El Salvador is adding more of the bitty to the strategic bitcoin reserve. They're now holding 6156 Bitcoin valid at roughly $576 million. So let's go El Salvador. They continue to stack the video each and every day, purchasing at least one bitcoin per day. But let me go ahead and pull up some of the live charts and we'll do some live chart action. Jackson for the Broskis this episode is.
Capella University Advertiser
Brought to you by Amazon Business. How can you free up your team from time consuming office tasks? Amazon Business empowers leaders to not only streamline purchasing, but better support their teams so they can focus on strategy and growth. Free up your teams and focus on your future. Learn more about the technology insights and Support available@AmazonBusiness.com satisfaction.
JV
I mean here you have it.
Co-Host
Look at those charts.
JV
This is the one hour looking pretty lit right now. Like JV's blunt. But yeah man, I mean we are pumping. Obviously we're maintaining above 93.9 at the time of the live and we're not too far from six figures and cyanara to the 80s. We were stuck there for several weeks but we finally blew past it and it happened all so fast. Within two days we ultimately had a collective God candle up 10,000 in roughly 48 hours.
Co-Host
Not too shabby. Prelo bitty.
JV
And we zoom out a little further. We'll look at a four hour chart and you can see two consecutive green candles. That means we've been pumping for the past eight hours. I dig it. And, and just the trajectory is definitely bullish overall and zooming out from the four hour. One of my faves by the way. We'll look at the daily and it's a good sign.
Co-Host
We got 1, 2, 3, 4, 5.
JV
Consecutive green daily closes if we consider today which we will get in the green here shortly. So that's, that's what's up. And also we have the bull target on the daily shy of 112,000.
Co-Host
The current all time high is 1093.
JV
Which was achieved all the way back on January 20th, Inauguration Day for the Trumpster.
Co-Host
So price discovery is 1093 which we'll probably be right back at in no time in my opinion. Let me know your thoughts. We do have a falling wedge on the Daily.
JV
Two bear scenarios in play.
Co-Host
One just shy of 69 and a super bear sitting at somewhere at around 49.
JV
And zooming out further we'll take a look at a weekly silver lining here. You can see three consecutive green weekly candle closes. Not too shabby A and we do have a bull target on the screen. A cup and handle in play sitting at 124 000.
Co-Host
Bring it.
JV
In my opinion that's going to be the next logical leg up somewhere in.
Co-Host
The 120 to 130 range once we.
JV
Can clearly capture the 193 current all time high. Zooming out a little further, we'll take a quick look at the monthly and April thus far has not disappointed. Unfortunately. March and February were bearish.
Co-Host
January was bullish.
JV
That's when we hit the all time high. And November was the most bullish month we have ever had in bitcoin history. Surging roughly 30000 for the month in fiat which is an average of almost.
Co-Host
A thousand dollars per day every day of the month.
JV
So if we can repeat that, we'll be right back at Price Discovery in.
Co-Host
No time as we're not too far off.
JV
But anyways, with some of that being shared, you guys let me know your thought. What trajectory do you think the per little bitty will head next?
Co-Host
North or south?
JV
Holl at your boy. But anyways, let's continue. We did a little bit of the ta.
Co-Host
Now let's continue with the latest and greatest in the bitcoin news for the Brosis. So yeah, this headline reads Bitcoin ETF inflows top 500 times the 2025 average and a significant deviation. That's right. Let's break her down. Bitcoin institutional investors piled over 11 times the all time average into the US Bitcoin ETFs on April 22nd. Good sign of the times. Fresh data from glass node confirm 912 million ETF inflows equal more than 500 times the 2025 daily average. That's because it's been very bearish and a lot of outflows of ETFs obviously thus far this year, so we're making up for it. Bitcoin ETFs immediately felt the impact of the bitcoin price rises this week within flows undergoing a dramatic turnaround to nearly 1 billion in a single day, with Bitcoin hitting its highest level since early March. Glass Node reveals how unusual such a.
JV
Tally is in 2025.
Co-Host
So far the average daily inflow has just been 23 bitcoin minuscule in the.
JV
Grand scheme of things, 2.1 million a day. This was the largest daily inflow since.
Co-Host
November 11th of 2024, marking a notable resurgence in demand.
JV
The April 22nd total thus stands at more than 500 times the average for.
Co-Host
A year in which dramatic sentiment shifts had led to periods of major outflows.
JV
Across the ETF cohort.
Co-Host
Even in the context of the ETF's.
JV
Entire lifespan since their January 2024 launch, the 912 million figure is rare and constitutes around 11 and a half times the daily average.
Co-Host
Quoting Glass note, since inception, the average.
JV
Daily inflow is approximately 1:31. BTC calling the April 22nd total a very significant deviation and continuing, Bloomberg ETF analysts Eric Balchunas was amongst those optimistic.
Co-Host
About the ETF's change of fortunes.
JV
Quoting them here the spot Bitcoin ETS.
Co-Host
Went PAC man mode yesterday. Baltune has noted that the inflows increased.
JV
Across most the 11 ETFs, a move that contrasts with the common scenario in which the largest product, Black Rock's ibit, takes the lion's share of the investments as usual. Uh, now European head of research at.
Co-Host
Bitwise said it was equally buoyant.
JV
Great to see very positive net inflows into Bitcoin ETFs again.
Verizon Advertiser
In fact, you're the owner of a small business, which means you're also the tech guy and HR and personal assistant and head honcho and intern. You could use another pair of hands like the experts you'll find at Verizon small business days April 21st through 27th. Get a free tech check, special deals and more. Call 1-800-483-4428 or visit verizon.comsmallbusiness to book your appointment.
JV
Verizon Business they have become the marginal buyer in Bitcoin since January of 2024.
Co-Host
When they launched on January 11th.
JV
That the can actually determine whether you see negative or positive net buying volumes.
Co-Host
On the Bitcoin spot exchanges. So there you have it. And if you don't know. Now you know institutions are stacking the biddy as a smart money is accumulating. So you already know.
JV
But this is an interesting headline that drew my attention. It reads Bitcoin enters the world's top five largest assets surpassing Google Silver. Take that Peter Schiffmeister and Amazon.
Co-Host
Take that Jeff Bezos.
JV
You and your fake space push loser. But anyways, Bitcoin has overtaken Alphabet to become the world's fifth most valuable asset by market cap as of today the market cap literally searched 1.87 trillion edging get your head out of the gutters Broskis past alpha. That's 1.859 trillion valuation according to asset ranking data. As you can see here, Bitcoin now behind only gold, Apple, Microsoft and Nvidia. And you can see the gold market cap soar through the roof because it just recently hit a new all time high. At the time of this Screenshot it's at 3,300. I think it came just shy of 3,500. But currently the market cap of gold is 22 trillion and you already know Bitcoin's going to overtake that.
Co-Host
So game on.
JV
Apple is 3 trillion, Microsoft 2.7, Nvidia.
Co-Host
2.4 and the bitty 1.87 trillion ranking.
JV
Fifth at the time of this article. So yeah, Bitcoin's edge over Alphabet coincides with the ongoing decoupling from the long standing correlation with the US tech stocks. Especially in April when the bitty price rallied 15% despite the Nasdaq's 100 returns of 4 and a half percent in the same period. And quoting Max Bitcoin's always been on its own trajectory.
Co-Host
It's always on its own vector.
JV
This decoupling follow months of disappointment for.
Co-Host
Crypto bulls who expect to get stronger post election rally.
JV
Even with April's gains, the bitty price.
Co-Host
Remained 16% below its 109,000 all time high set back in January. It was January 20th on Inauguration Day.
JV
Ironic enough so you can see things here. Tech futures down dollar down Gold new all time high Bitcoin breaking out.
Co-Host
Hence the great decoupling. Bring it Trump's recent criticism of the Fed Chairman J. Powell and his executive.
JV
Order creating the Bitcoin strategic reserve which.
Co-Host
Is nearing the 60 day review window, is helping reignite investor interest in the bitty chatter. Questioning Fed independence is having positive spillover.
JV
Effects according to the head of research.
Co-Host
Over at K33 and macro analysts FEZA stress the capital outflows from the U.
JV
S assets will likely benefit the biddy.
Co-Host
Given countries can't tariff with it and it provides high beta to a portfolio without the current tail risks associated with the U S tech. This market regime is what Bitcoin was built for. One of the de grossing dust settles. Once it settles I think they mean it will be the fastest horse out of the gate. Alphabet is facing headwinds in the form of regulatory crackdowns, antitrust challenges. Yeah, you could say that again. And a slowdown in digital ad revenue, the rise of AI focused rivals and reduced growth projections that also dented the confidence in the Google's long term projection. But to put Bitcoin's 1.87 trillion valuation into perspective, it's now worth more than two Tesla companies. The EV giant famously added Bitcoin to the balance sheet in early 2021 when it was trading at only 33,000. Is now sitting on 180 gains worth over 1 billion, which we'll touch upon here shortly.
JV
Next Story of the day Michael Sailor Again this is the latest he says the new SEC chair will be good for bitcoin.
Co-Host
Unlike Gary Gensler in the war on crypto, thank God, Operation choke point 2.0 is finito.
JV
Michael Sailor, CEO of the Top corporate.
Co-Host
Bitcoin holder Strategy B, formerly known as Micro Strategy. But there's nothing micro about that strategy.
JV
Express support for the newly appointed U.S.
Co-Host
Sec Chairman Paul Atkins.
JV
In an April 23 post, Sailor wrote.
Co-Host
The SEC Chairman Paul Atkins will be good for bitcoin. The statement follows Atkins swearing in as the 34th chairman of the SEC, officially.
JV
On April 21, and you can see the post from the Gigachad now. Blue Maari, the head of digital assets at investment firm T Road Price, also.
Co-Host
Commented positively on Atkins swearing in during the recent Bloomberg interview. She seemed hopeful and recognized the change in how the SEC has acted under.
JV
The new administration, particularly with crypto related info, including close to six or seven.
Co-Host
Round tables with industry professionals.
JV
Here's what she said. I think that that's going to feed into the ability to make thoughtful and considerate policies now.
Co-Host
Vincent Liu, chief investment officer at crypto.
JV
Investment firm Kronos Research under Chair Atkinson Finalizing custody rules for digital assets is expected to provide the investor protections that the institutions demand.
State Farm Advertiser
You know that feeling when someone shows up for you just when you need it most? That's what Uber is all about. Not just a ride or dinner at your door. It's how Uber helps you show up for the moments that matter. Because showing up can turn a tough day around or make a good one. Even better, whatever it is, big or small, Uber is on the way. So you can be on yours. Uber on our way.
JV
Other issues expected to be resolved are clarification on whether some digital assets are securities or commodities.
Co-Host
If it's up to Gary, everything's an unregistered security, including our moms. I mean, you can't make this ish up.
JV
Together, these two moves will help establish.
Co-Host
Clear custody standards and bring much needed.
JV
Clarity, paving the way for the next wave of crypto product innovation. Now, accolades from representatives of the crypto industry readily followed Atkins appointment by Trump in late 2024. For example, Bitwise Asset Management general counsel.
Co-Host
Ms. Dowling said the time that he.
JV
Has a great choice and Ripple Lab CEO Garlinghouse said he will bring common.
Co-Host
Sense back to the agency.
JV
But not everyone was happy with the choice.
Co-Host
Go figure. Senator Warren, AKA Pocahontas, said during Atkins nomination hearing that he had staggeringly bad judgment. That's because she's sour that Gary Gensler and her henchmen are no longer in power.
JV
It is what it is.
Co-Host
Atkins served at the agency from 2002 to 2008.
JV
She also raised an issue with his consulting firm Potomac Global Partners, which also advised the crypto exchange ftx.
Co-Host
Oh, that's not a good look.
JV
Quoting her here your clients pay you.
Co-Host
North of 1200 an hour for advice on how to influence regulators, likely as they see. So if you are confirmed, you will.
JV
Be a prime spot to deliver for.
Co-Host
All those clients who have been paying you millions of dollars for the years. As if Ms. Pocahontas isn't corrupt. Remember Ms. Pocahontas, anytime you point the finger, you got 10 fingers pointing right back at you. So just lay low and shut the F up. That's my advice for her. By the way, Atkins accused the bias. Warren also sent a letter to Atkins late March stating that he should expect questions about his potential role of the agency due to his ties with the crypto industry through Padomok. Before being appointed, Atkins revealed a personal family financial portfolio worth more than 327 million, according to public ethics filings released ahead of the Senate confirmation hearing. Similarly, Trump's AI and crypto czar David Sex filed a notice in early March suggesting that his venture capital firm sold more than 200 million in crypto and related stock stocks ahead of the assuming role. I think ultimately you're not supposed to hold any crypto or it could be like a conflict of interest. So David Sachs allegedly offloaded all of his crypto before taking the position. If that's True or not, I mean who am I to say? But that's according to the legend, the theory. But anyways, what are your thoughts? And Gary, you know, claimed to do the same thing when he became chairman of the sec. He's like yo, I think he was.
JV
Pressed at a conference.
Co-Host
He's like no, I don't hold any crypto. I got rid of it all. Do I believe that? No. But nonetheless, tis what it is.
JV
So as you can see in your screen, next Story of the day Tesla holds on to Bitcoin As Elon says time at Doge to drop significantly that's right, Tesla has held onto its bitcoin during the first quarter of the year as Elon promised shareholders he would scale back his time working at the Trump administration cost cutting czar must comments appear to have been the main catalyst behind Tesla's 5% price jump after hours April 22 at 250 after closing the trading day up almost 5%. It comes as the automakers quarter one results released the same day shows a revenue of almost $20 billion, missing Wall street estimates by 7.8% and marking a 9.2% fall from the same period last year. Tesla's net income of 409 million also marked a 80 quarter on quarter drop and 70% fall from quarter one of 2024. Curious by a show of hands how many of you own it?
Co-Host
Own a Tesla Holla.
JV
Tesla's digital asset holdings dropped 11 in value from 1 billion to 950 million in the first quarter alongside Bitcoin's 11 and a half percent fall to 82, 000 over the same time. A new rule from the Financial Accounting Standards Board allows public companies to report their crypto holdings at market value before any losses were recorded unless crypto was sold. Tesla's 11509 Bitcoin stats is now worth.
Co-Host
$1.07 billion as a result of the.
JV
Market rebound over the last week, according to the bitcoin Treasury's data. Not too shabby and naturally they would have had a lot more than that. But a long time ago they did dump a lot of their bitcoin holdings, which was a really foolish idea anyways.
Co-Host
Musk promised that he would scale back.
JV
His time working at the Trump administration's.
Co-Host
So called Doge department to focus more.
JV
On Tesla, quoting him here starting probably next month May my time allocation a Doge will drop significantly. I'll be allocating far more of my time to Tesla now that the major work of establishing the Department of Government Efficiency is done must said he'll continue to spend a day or two per week on Doge related matters as long as President Trump needs to ensure the.
Verizon Advertiser
Waste this episode is brought to you by State Farm. You might say all kinds of stuff when things go wrong, but these are the words you really need to remember. Like a good neighbor, State Farm is there. They've got options to fit your unique insurance needs, meaning you can talk to your agent to choose the coverage you need, have coverage options to protect the things you value you most, file a claim right on the State Farm mobile app, and even reach a real person when you need to talk to someone. Like a good neighbor, State Farm is.
JV
There and fraud that we stop does not come roaring back like a roaring kitty. Tesla's 5% rise after hours came back 4.6 increase to nearly $237 yesterday. On the trading day. Tesla shares are still down 37% year to date, driven partially by the declining sales, Elon's increased political presence and economic uncertainty stemming from Trump's tariffs. Now for our feature story of the day. Canter plans 3 billion doll crypto venture with soft bank Bitfinex and Tether this is the latest report, but yeah, 3 billion dollar micro strategy comp competitor will be named 21 and launch with 42,000 Bitcoin and the kicker Jack Mers will join as the CEO Max Kaiser's calling for 2.2 million in play as the game theory continues. So let's break this down. This is our feature story of the Day. Here we have it. Massive news by the way. So Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald multi billion dollar firm is reportedly partnering with Softbank, Tether and Bitfinex to create 3 billion crypto acquisition company. Lutnick and the consortium hope to create a publicly listed crypto acquis company to capitalize on the market under crypto friendly President Trumpster President T and replicate Sailor's company STRA strategy, the Financial Times reported April 23 setting three people have been briefed on the plan. Cantor Equity Partners raised 200 million in January for the new firm called 21 Capital. And we all know that's because in bitcoin there can only ever be 21 million coins. Now at the same time, stablecoin issuer Tether will fork out one and a half billion in bitcoin and Japanese investment holding Firm Software or SoftBank Group will contribute 900 million and the crypto exchange.
Co-Host
Bifinex will add 600 million.
JV
Lutnick's new venture hopes to raise another 350 million in convertible bonds and a separate 200 million private equity placement to buy additional bitcoin. Eventually, Tether, Bitfinex and Softbank's bitcoin investments will be converted into 21 capital shares with the value of the bitcoin locked in at 85,000 per coin and shares.
Co-Host
Costing $10 a pop.
JV
However, the deal hasn't been finalized yet and some details could change before the official announcement. Brandon Lutnick was named chair of Canter.
Co-Host
Fitzgerald when his father Howard Lutnick stepped.
JV
Down to become the U S Secretary of commerce. And there you're looking at Howard Lutnick right here. And when interviewed by Pompliano recently, Pomp straight up asked former Cantor Fishel CEO Howard Lutnick, who is now the treasury secretary working with Trump, how much bitcoin do you hold? And he said hundreds of millions of dollars worth and it'll soon be billions of dollars of bitcoin. So it couldn't be more bullish for bitcoin. Cantor Fitzgerald, Softbank, Tether and Bitfinex didn't immediately respond. However, Cantor managed Tether treasury portfolio has 134 billion of reserves so this is no joke fam mainly in U S Treasury bills since 2020 21. The firm also owns a 5% stake in stablecoin issuer Tether USDT. Cantor acted as in an advisory role of Tether 775 million investment in YouTube alternative rumbles got their hands at everything. Shout out rumble into the Rumble fam Meanwhile, on March 11th Cantor Fitzgerald said it was rolling out a bitcoin financing business with 2 billion in initial capital to help institutional investors borrow against their crypto holdings. Anchorage Digital and Copper were selected as bitcoin custodians and collateral managers. Cantor Fitzgerald currently holds over 5 built worth of assets across 275 total holdings according to Fintel data. And now here were some of the headlines on you know crypto x Today cancer Fitzgerald back 3 billion MicroStrategy competitor will be named 21 and launch with 423000 of the bitty Jack Mers will join a CEO I love Jack Mers personally. I mean what a great team. I'm excited for this. Also Jack Mers 21 is building a Bitcoin bank targeting $500 trillion market. Jack Mers was just recently interviewed on TV. It's a great clip. I reposted you guys will find on my X account. This is extremely bullish. I love when Jack speaks gets me super lit each and every time. Max Ger responded to the big news Capital 21 vers micro strateg Jack and company are throwing the US dollar under the bus. Sailor not so much net net 2.2 million bitty in play. Shout out to Max Kaiser. He also tweeted here game theory in action. 2.2 million in play.
Lowe's Advertiser
Don't miss your chance to spring into deals at Lowe's right now. Get five select one pint annuals for just $5. Plus get a free 60 volt Toro battery when you purchase a select 60 volt Toro electric mower. With deals like these, your yard wins. Shop in store or online today Lowe's we help you save valid through 430 wall supplies. Last actual plant size and selection varies by location. Excludes Hawaii.
JV
And another tweet here huge validate strategy and confirms they're building an unsalable moat. And this was off the back of this news here. Turning point in institutional Investor sentiment around MicroStrategy shares the most meaningful validation to date of my rose strategies. Bitcoin treasury operation leaves us incrementally more bullish. That's right. Strategy responded to the big news and they're just that much more bullish off the fact 21 is going to be a competitor to MicroStrategy. This is the game theory Max Kaiser has been prophesizing about for years. Another term is the global hash war and we're witnessing it in real time, which is a true blessing. And let's actually go to Max Kaiser's wall here on X and make sure you guys are following him. In fact he has many counts accounts on X. I encourage you to follow them all from Bit Christ, Toxic Max Kaiser, Max and Stacy golf. And of course you got to attend.
Co-Host
The Max and Stacy Invitational.
JV
I attended it in January. Or actually it was. Was it February or January? I forget. I think it was February. Whatever. But anyways it was my favorite and best bitcoin event and I will be attending next year as well. So hope to see you there. Make sure you're following Stacy Herbert Hoddle House studio of course and Coco Max Country. Great accounts to be following. And again shout out to Max. So toward a meester put speculative attack intensifies. Jack Mueller's new 21 is pitching itself as a better bet then micro strategy. Game on. And apparently there's a new Sailor Mix. We're gonna have to definitely sample that shout out little bubble. And so yeah this is the big news. TD Cohen calls the 21 launch the most meaningful validation to date of microstrategies Bitcoin strategy. Corey Clipston wrote exciting to bring the best strategies from the world of leveraged bitcoin equities to Swans business and family office clients, so Swan's embracing it as well. Max also yet put their huge big obviously this is big news, so 2.2 million in play. And quoting Max one last time, Bankers are just clowns and suits juggling your money until it disappears. And shout out Brandon Martin, make sure you're following my biddy Broski here. A great account to be following and with that being shared, yes, I still have the hiccups, but I got the.
Co-Host
News done, so game on.
JV
Welcome everyone to the Q A segment of the Live stream. Let me know your thoughts with the big news as well as Max's 2.2 million target. And don't forget to check out crypto news alerts.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.
Podcast Information:
In Episode 1971, host Justin Verrengia (JV) and his co-host dive deep into significant developments within the cryptocurrency landscape. Skipping over advertisements and intros, the duo focuses on major market movements, institutional investments, regulatory changes, and groundbreaking ventures shaping the future of Bitcoin and the broader crypto market.
Bitcoin's Surge and Market Cap Recovery
The episode opens with an enthusiastic update on Bitcoin's performance. As of [01:00], Bitcoin is reported to be up over $2,500 for the day, pushing towards the six-figure milestone. JV highlights Michael Saylor's optimistic outlook, stating:
"If I'm lucky enough to grind to 10% of the Bitcoin supply, Bitcoin is going to be $50 million per coin." [01:00]
Ether (ETH) also experiences a notable rise, up 6% to around $1,800. The overall cryptocurrency market capitalization inches back toward the $3 trillion mark, signaling a robust recovery. Bitcoin's dominance climbs to 63.5%, reinforcing its leading position in the market.
Notable Market Metrics:
The hosts discuss the prevailing bullish sentiment, with nearly the entire market in the green, reflecting widespread investor confidence.
Record Institutional Investment
A significant portion of the episode is dedicated to the unprecedented inflow into Bitcoin Exchange-Traded Funds (ETFs). On April 22nd, institutional investors injected $912 million into US Bitcoin ETFs, marking over 500 times the average daily inflow for 2025. JV emphasizes:
"Bitcoin institutional investors piled over 11 times the all-time average into the US Bitcoin ETFs on April 22nd." [09:12]
Glass Node's data confirms this surge, attributing it to a recent price rally that attracted a wave of investments, reversing earlier bearish trends. Eric Balchunas, a Bloomberg ETF analyst, expresses optimism about the renewed interest:
"The spot Bitcoin ETFs went Pac-Man mode yesterday, with inflows increasing across most of the 11 ETFs." [10:08]
This dramatic turnaround signifies a strong endorsement from institutional players, potentially paving the way for sustained growth in Bitcoin's mainstream adoption.
Surpassing Major Tech Giants
In a landmark achievement, Bitcoin has climbed into the world's top five largest assets by market capitalization, surpassing tech behemoths such as Google (Alphabet) and Amazon. As of [12:20], Bitcoin's market cap stands at $1.87 trillion, placing it just behind gold, Apple, Microsoft, and Nvidia.
"Bitcoin now behind only gold, Apple, Microsoft, and Nvidia, and ahead of Alphabet." [12:20]
This ascent underscores Bitcoin's growing acceptance and integration into the global financial system. The decoupling from traditional tech stocks, evidenced by Bitcoin's 15% rally against the Nasdaq's 4.5% gain during the same period, highlights its unique market trajectory.
Key Points:
Optimistic Outlook from Industry Leaders
The appointment of Paul Atkins as the new SEC Chair has been met with optimism within the crypto community. Michael Saylor, CEO of MicroStrategy, expressed confidence that Atkins' leadership will benefit Bitcoin:
"The SEC Chairman Paul Atkins will be good for Bitcoin." [15:46]
Vincent Liu, Chief Investment Officer at Kronos Research, adds that new custody rules for digital assets are expected to provide the necessary investor protections, facilitating further institutional participation.
"Finalizing custody rules for digital assets is expected to provide the investor protections that the institutions demand." [16:07]
However, not all feedback is positive. Senator Warren criticized Atkins' past associations, questioning potential conflicts of interest. Despite such criticisms, the overall sentiment remains favorable, with industry leaders anticipating a more thoughtful and considerate regulatory approach under Atkins' tenure.
Launching 21 Capital to Compete with MicroStrategy
One of the episode's feature stories revolves around Cantor Fitzgerald's ambitious plan to establish a $3 billion crypto venture in collaboration with SoftBank, Bitfinex, and Tether. This new entity, named 21 Capital, aims to compete directly with MicroStrategy by leveraging extensive Bitcoin holdings.
"Cantor plans a $3 billion crypto venture with SoftBank, Bitfinex, and Tether, naming it 21 Capital, and launching with 42,000 Bitcoin." [01:51]
Investment Breakdown:
21 Capital plans to raise an additional $350 million in convertible bonds and $200 million in private equity to further acquire Bitcoin. Jack Mers will join as CEO, signaling strong leadership for the new venture.
Max Kaiser, an influential figure in the crypto space, comments on the strategic move:
"Capital 21 vs. MicroStrategy – They are throwing the USD under the bus. Sailor not so much, net net 2.2 million Bitcoin in play." [02:15]
This strategic positioning aims to solidify Bitcoin's standing as a dominant asset, with 21 Capital targeting a $500 trillion market, as Jack Mers envisions.
Maintaining Commitment Amid Challenges
Tesla's approach to Bitcoin remains steadfast despite recent financial results. The company retains 950,000 Bitcoin, down from 1 million, reflecting an 11.5% decrease in value due to market fluctuations.
"Tesla's Bitcoin holdings dropped 11% in value from $1 billion to $950 million in Q1." [21:14]
Elon Musk has announced a significant reduction in his involvement with Dogecoin, dedicating more time to Tesla:
"I will be allocating far more of my time to Tesla now that the major work of establishing the Department of Government Efficiency is done." [22:18]
Despite Tesla's Q1 revenue missing Wall Street estimates by 7.8% and a net income drop of 80%, the company's commitment to Bitcoin underscores its belief in the cryptocurrency's long-term value.
In the closing segments, JV and his co-host reflect on the day's significant developments, emphasizing the bullish trends in Bitcoin and the broader crypto market. They encourage listeners to engage with the content through their YouTube channel and participate in live Q&A sessions.
Key Takeaways:
The hosts sign off with a call to action for listeners to stay informed and continue "HODLing" as the crypto market evolves.
"And with that being shared, yes, I still have the hiccups, but I got the news done, so game on." [30:50]
Michael Saylor on Bitcoin's Potential:
"If I'm lucky enough to grind to 10% of the Bitcoin supply, Bitcoin is going to be $50 million per coin." [01:00]
Bitcoin Surpasses Tech Giants:
"Bitcoin now behind only gold, Apple, Microsoft, and Nvidia." [12:20]
Paul Atkins' Positive Impact:
"The SEC Chairman Paul Atkins will be good for Bitcoin." [15:46]
Cantor Fitzgerald's Strategic Move:
"Cantor plans a $3 billion crypto venture with SoftBank, Bitfinex, and Tether." [01:51]
Max Kaiser's Insight:
"Capital 21 vs MicroStrategy – They are throwing the USD under the bus. Sailor not so much, net net 2.2 million Bitcoin in play." [02:15]
Episode 1971 of "Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News" provides listeners with a comprehensive analysis of pivotal events shaping the cryptocurrency ecosystem. From institutional investments and regulatory shifts to corporate strategies and innovative ventures, JV and his co-host deliver insightful commentary that underscores Bitcoin's rising prominence and the evolving dynamics of the crypto market.
For those seeking to stay ahead in the crypto space, this episode offers valuable perspectives and detailed breakdowns of the latest developments in Bitcoin and beyond.
Stay Informed and HODL!