
‘More Realistic Than It Sounds’: Analyst Outlines How Bitcoin Could Explode to $500,000 in Current Cycle.
Loading summary
JV
As a contractor, I don't pay for materials I don't use so why would I pay for stuff I don't need in my mobile plan? That's why the new My Biz Plan from Verizon Business is so perfect. Now I can choose exactly what I want and I only pay for what I need right now with my biz plan.
Verizon Business
Get our best price as low as $25 a line. Visit verizon.com business to get started today. Price per month with 5 plus lines includes auto pay and paper free billing and special intro offer discounts, taxes, fees, economic adjustment charge and terms apply.
State Farm
Offers End June 10, 2025 this episode is brought to you by State Farm. Knowing you could be saving money for the things you really want is a great feeling. Talk to a State Farm agent today to learn how you can choose to bundle and save with a personal price plan. Like a good neighbor, State Farm is there. Prices are based on rating plans that vary by state. Coverage options are selected by the customer. Availability, amount of discounts and savings and eligibility vary by state.
JV
Happy TGIF. Welcome everyone to no. 1 Daily Bitcoin Pod. Bitcoin still pumping and in the green. You gotta dig it. We'll also be discussing obviously the latest technical analysis as well as breaking news. Facebook to enable crypto payments for their 3 billion users. This is absolutely massive. We'll also be discussing Bitcoin accepted officially at fast food chain Steak and Shake which begins on May 16th. So next week we'll also be discussing institutional investors continue to scoop up the biddy above 100 GS. And speaking of game theory, Taiwan lawmakers call for a Bitcoin reserve at a national conference. Let's get it. We'll also be discussing Meta planet raising another 21 million through bonds to buy more bitcoin and also more realistic than it sounds. Crypto Analyst outlines how Bitcoin can realistically explode to $500,000 this current cycle. 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 crypto news alerts.net again, that's crypto news alerts.net today is pod episode 1987. I'm your host JV. It's May 9, 2025. Bitcoin ripping like the new Scotty Pippen. We almost hit 105,000 yesterday. Corrected some but still in the green for the past 24 hours. Up 1500 on the day. Let's kick it off with our market watch as we do each and every day and we may get an ionator indicator and did I not share my screen? Give me a second to share the screen. My apologies here. I thought I had that squared away, but apparently I'm slipping, I'm falling and I can't get up. But here you go. You should be able to see now. Bitcoin up 1.55% on the day according to coin.360 trad above 1027 at the time of the live stream. Ether was the big gainer, gaining roughly 20% since yesterday. It's now up over 2300. I swear it was like 1700 just the other day. So that was one of the biggest gainers. Kind of long overdue as eth has been like the least appreciative crypto asset at the top 10 that I'm aware of. In fact, it's like every time Bitcoin hits 100,000, ETH goes significantly lower. The first time Bitcoin hit 100 G's ETH was like 4000 and now it's only 2300. So I guess it was long overdue. XRP in a green. BNB in the green. Salon in the green. Cardano in the green. Virtually everything in the green like a lean machine. And checking out coin market cap dot com. The current crypto market cap all the way to 3.24 trillion has been soaring. Bitcoin market cap did surpass 2 trillion yesterday. Currently $2.041 trillion. We got 200 billion worth of volume for the past 24 hours, which is unusually high. Bitcoin dominance currently 62.9%. Like I said, Ether jumped from 7.44 yesterday to 8.6 today with its next leg up and checking out top 100 crypto gainers past 24 hours. We got Pith leading the pack up 36, followed by Pepe, up 21, followed by Athena up 15. Let me know which Alta Fanny are bullish on for the bull. Holl at your boy. And checking out the crypto bubbles. We get a visual perspective on the day. Virtually everything pumping in in the green. Safe to say 97 of the market zooming out for the week, very similar scenario. And zooming out for the month, very similar. So you gotta dig it. We're finally back and I believe above 3 trillion as a collective market cap for crypto is a great sign. We're so back Even Trump coin is up 74 on the month. And checking out the Crypto Greed and fear index today we're 73 greed yesterday, 65 last week at 67 last month and 18 in extreme fear. And checking out the infamous time chain calendar. We're currently on block number 895000 and we have 154000 blocks until the next having and you can currently exchange one fiat monopoly dollar for 974 sats to pick up the stats sats, put down the gats and pick up some Bitcoin caps from my man sergio over@bitcoincaps.net get yourself a custom CNA exclusive. Just saying. But anyways shout out Serge rest of the fam everyone joining us. Let's dive into today's TA aka astrology for the Broskis Bitcoin I,000 liquidity. Watch these bitcoin price levels next and also pull up the charts. Also massive headline here. Facebook to enable crypto payments for their 3 billion users. So it sounds like Bitcoin lightning is going to be activated for all Facebook users around the world. This is absolutely massive being it's one of the largest if not the largest social network. I mean Damn, what is there 8 billion people on the planet? And there you have three of the 8 billion people using Facebook which will have access to Bitcoin lightning. Let's freaking go. Sounds a pretty big deal.
Verizon Business
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 hours. Uber on our way.
JV
But anyways, here's the latest headline. Driven Bitcoin gains draw scrutiny from 6,000 away from all time highs which we achieve yesterday. Big run up 10% past couple of days. The pace of the Bitcoin gains has come as a surprise for many, but the longer term perspectives show where the most difficult battleground lies. Quoting SKU analytics, since the current impulse was primary headline driven again, this puts the market in a crucial and critical trading day. SC refers to the common theme uniting Bitcoin price volatility. In recent weeks and months, Bitcoin and risk assets have become highly sensitive to the headlines and even social media posts involving Trump and the trade tariffs. The latest event involves a trade deal between the US and the uk, but how long optimism indoors remains an open bet. Quoting the analysts I'm sure markets are hoping this has a kick on effect to get trade deals on the table for other major trade parties like the EU in China, another post said. Now our passive flows strong volume to support newly revisited levels and turn them into strong support. They also share alongside the chart. Passive flows will be important for accepting higher value, especially after such a large market bid which led the price to break 100 GS and that's right, as of yesterday we officially recaptured 100,000 for the first time since January. So it's been several months. Quoting another analyst here. Bitcoin has already decisively cleared the 1.618 Fibonacci and is now trading at the volumes area high plus a weak resistance trend line. And the chart offered important Fibonacci levels as mentioned from Bitcoin's local low of 75 which we hit a few weeks back. That's right, 74 and some change which is the local low. And another trading account revealed a conspicuous breakout attempt for the 1.618 Fibonacci on the monthly chart. And I'll be pulling up the live chart here in a moment. Rejection and pullback from the 1.618 lasted a bit longer till May. Meanwhile, liquidations are waiting in the wings. The latest data from Coin Glass showed price eating away the bids immediately below 103, with the bulk of the interest clustered below 100. Take that bears. And to the upside, little friction remained and the bulk of the liquidations having already occurred on a return to six figures, the analyst said here. This notable imbalance makes the downside liquidation zone a potential key area to watch for the volatility or or the price action. So we'll keep our eyes on it fam and pulling up some of the live charts via Coinbase via Trading View. You should be able to see here in a moment. There we have it. Here's the one hour. You can see the last one hour big green candle, the previous hour big red corrective candle. Let me know if you think we'll make another move to the upside, potentially reclaim price discovery currently sitting at 1093 which was achieved all the way back on January 20th on Inauguration Day for the Trumpster. And zooming out a little bit. We take a look at a four hour. The four hour sense is going up forever. Nipy. That's right. As you can see, bullishness overall, bullish momentum obviously. And zooming out a little more. We didn't have any particular price targets there but on the daily chart big green candle form yesterday is Godzilla style, I dare say a half a God candle, right? And then obviously today it's been a little bit corrective but overall still in the green and target price action wise on the daily chart as you can see here sitting at 111 baby. So let's get it. And zooming out from there we'll take a look at the weekly and then a quick glance of the monthly. The weekly chart still has the 124 cup and handle target in play. Also look at that bullish momentum. 1, 2, 3, 4, 5 consecutive green candles. Obviously the fifth one we get the official close Sunday, but it's been pretty significant and that's nice considering we had two months of very corrective markets and then past five weeks have been nothing short of pure bullishness, which we love to see. And zooming out from there we take a quick look at a one month and the one month also is forming a nice green even though we're only nine days into May. April was a nice return of the dragon, hence a green candle and the two prior months were two red corrective candles. So thus far for Q2 bullishness has not been disappointing. Where do you feel pretty low bitty price will likely take us next. Next story of the day Regarding Steak and Shake. I know they have these this franchise in Florida. I don't know if it's here in Puerto Rico. I gotta look it up. But I remember there being one near my mom's crib and ironic enough, my mom's birthday is May 16th. It's kind of crazy. But anyways, fast food chain Steak and Shake will start accepting bitcoin. This is a sign of the time show and let me know if there's a Steak and Shake where you live. The firm said on X May 9 they're making the crypto available to more than 100 million custom. That's a lot of customers. Only a matter of time before McDonald's and the rest of these franchises do the same thing. Signing off as Steak Toshi. That's hilarious. Let's go. The fast food chain initially hinted at accepting bitcoin in March when it posted should Steak and Shake except Bitcoin? The tweet drew attention of the crypto community and bitcoin proponents such as Jack Dorsey, who rapidly replied with a yeah.
Verizon Business
Member week is here at Lowe's. Don't miss your chance to get up to 40% off hundreds of items like paint, outdoor and Home essentials and more. Shop our exclusive deals happening in store and online now through May 14th. Not a rewards member. Join for free today and get ready to save more Lowes. We help you save loyalty programs subject to terms and conditions. Details@lowe's.com Terms subject to change.
JV
The firm has built momentum since the bitcoin theme. Marketing Tesla promotions and visuals hints on the social media feeds. As I just shared, the acceptance of Bitcoin represents a significant development in the mainstream crypto adoption as few restaurant chains have moved beyond limited pilot programs to full scale payments. Now, in places like El Salvador, you can actually purchase your McDonald's or anything using bitcoin. Hence, you know, bitcoin is a legal tender there, but obviously in other parts of the world you can't do that. So if they were to do this, that means any Steak and Shake around the world, you'd start to be able to use, for example, bitcoin to make your payment. So Steak and Shake will join a growing number of fast food chains that accept crypto payments. We also have Chipotle, back in 2022 accepted almost 100 different cryptos. That's kind of crazy to accept 100 of them. I'd accept like bitcoin, potentially ether, I don't know, but I don't know about 100. I never even heard of Flexa, but I guess it's maybe an app. One of the earliest adopters of the crypto pay subway, which has piloted the bitcoin payments as far back as 2013 as select franchises. KFC also offered the bitcoin bucket promotion in Canada. I didn't even know of that. In 2018, allowing purchases with Bitcoin while McDonald's accepts Bitcoin in Lugano, Switzerland, as part of the local crypto initiative, Burger King accepted crypto gift cards and direct crypto payments in select countries like Germany, Netherlands and Venezuela. In September, Trump used bitcoin to buy burgers at a New York City bar. You guys remember that? Also, Pizza Hut became one of the first mainstream outlets to accept bitcoin in El Salvador, where it was made legal tender as we know, back in 2021. And the first ever bitcoin transactions was made to buy fast food by Laszlo. The infamous bitcoin Papa John's pizzas, which cost 10,000 bitcoin for two pizzas worth $40 at the time. And you can run the math, I believe it's over a billion dollars today with bitcoin being over obviously a hundred thousand per coin. So were those pizzas worth the billions of dollars that could have been huddled. You let me know your thoughts. And again, as adoption continues around the world, Bitcoin coming to a fast food chain near you next story of the day. Headline here reads Institutional investors continue to scoop up Bitcoin above 100 GS that's right, Bitcoin crossed the coveted six figure mark again May 8th yesterday as institutional investors continue to stack the SATs as the institutional FOMO like a mofo continues. Far side investor data shows spot Bitcoin ETFs recorded cumulative net inflows of 142 million May 7 and a sign of sustained institutional interest, according to a founder of Abachavic Research. That's a mouthful. These inflows indicate activity of institutional investors including hedge funds and asset managers who continue to accumulate the prelo biddy through regulated instruments. The ARC21 shares Bitcoin ETF led with 54 million of inflows, followed by Fidelity's Wise Origin Bitcoin Fund at 39 million and Black Rock's IBIT at 37 million. Aram showed Black Rock acquired more than 86 Bitcoin worth 8.4 million in a single transaction on May 7. And on May 8 Bitcoin ETF saw over 117 million worth of inflows, this time led by IBIT, which is 69 million, followed by FBTC with 35 million and ARC B with 13 mil. The guy said Strengthening correlation between the Bitcoin and the tech stocks Bitcoin correlation with the NASDAQ was 75, indicating the influence of the sentiment in the tech market. Quoting them again, the positive movement of The NASDAQ on May 8th to the 9th supported Bitcoin which led the growth above 100,000. And it doesn't look like there's any signs of slowing down either. Brosis. He also said the positive trend goes as far back as May 2 when ibid inflows hit a high of 675 million. He said that a continuation of this trend was most likely the outcome, as he shares here, the trend of institutional buying was likely to continue on May 8th to the 9th unless there was a sharp macro, economic or geopolitical shock. He also explained that the absence of significant outflows and key ETFs other than the grayscale bitcoin trust supports the hypothesis that the whales and funds remain bullish. GBTC outflows, he said, are justified by the different factors. He also pointed out that GBTC outflows are of particular importance because it is the largest bitcoin ETF and it has the highest fees of 1 1/2% driving investors to switch to the cheaper alternatives which affect the price of the Bitcoin and market dynamics. And according to the analyst gbdc, outflows are caused by a combination of the factors starting with tariffs, political crisis and the conflict between Pakistan and India. The GBTC outflow is related to to these factors as investors are not confident in the stability of GBTC and it's mind boggling to me that they wouldn't just lower their fees to be competitive with all the other ETFs that went live. As you know, they were like the grayscale Bitcoin Trust at Capella University.
State Farm
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 at capella.edu fastest 25% of students cost varies by pace, transfer credits and other factors.
JV
Fees apply and then when the ETFs went live, they converted their trust into an ETF, but their fees remain so high and that's why they've had a significant amount of outflows, more so than any other ETF there is. In fact, they were once the largest bitcoin holder in the world. They had like 4 or 500,000 bitcoin before the ETFs officially went live when they were just a trust. And then they converted it and then their fees were so high it's been nothing but extreme outflows. They've been leading the outflow charge and now BlackRock has over 600,000 Bitcoin and I don't even know if they even have 200,000 Bitcoin left GBTC. So it's just kind of ironic to me. Like did they sabotage their own success for a reason? What's really going on behind the scenes with like Barry Silbert in them, you know, Michael sun and Shine. It's all interesting. But you guys let me know your thoughts. I'll read your comments out loud. But let's move on to our next story of the day as we continue with the headlines. Next Story fam Let's actually dive into the latest from Taiwan when it comes to nation adoption. Taiwan Lawmaker calls for Bitcoin Reserve at a National Conference. That's right. Taiwanese lawmaker Koju Chun has called the government to consider adding Bitcoin to the national reserves Game theory playing out, suggesting it can serve as a hedge against the global economic uncertainty. That's right. CO is a legislator at large in Taiwan's legislative body, the Legislative Unit, who shared on X on Friday a report that he advocated bitcoin investment by the Taiwanese government at the national conference today, May 9th. In his remarks, he cited Bitcoin's potential to become a hedge amid global economic risk and urged Taiwan to recognize Bitcoin alongside gold and foreign exchange reserves to boost its financial resilience as the outline here on X to their local congress. I take it co's announcement came shortly after the legislator held talks with Samson Mao Shout out Samson Ma, who advocates for bitcoin adoption by states like El Salvador and his Bitcoin tech firm Jan3co, highlighted that the Taiwan is an export driven economy and has experienced significant fluctuations in the national currency, the new Taiwan dollar, amid global inflation, intensifying geopolitical risk, quitting them here we currently have a gold reserve of 423 metric tons and our foreign exchange reserves amount to 577 billion, including investments in and US treasury bonds. In a scenario of more intense currency volatility or potential regional conflicts, Taiwan may very likely be unable to ensure the security and liquidity, he continued, adding that Bitcoin could be a great addition to Taiwan's reserves for several reasons. That's right, quoting him here, Bitcoin has been operating for over 15 years. It has a fixed total supply, is decentralized and is resistant to censorship. Many countries are focusing on its hedging attributes and as the same time in intense situations it may not face the risks of embargo. So, referring to many global initiatives considering Bitcoin adoption as a reverse ASS or reserve asset, he stressed that he is not advocating for Bitcoin as the only solution to rising economic challenges. Instead, the legislator suggested adding a small proportion of Bitcoin into the diversified assets as tools for sovereign asset allocation and risk hedging and backup capacity of Taiwan's financial system. He previously suggested Taiwan could allocate a maximum of 5% of its 50 billion reserve into Bitcoin. That's a great start. Let's get it. When exchange rate risks and regional uncertainty increase, it is time to introduce new tools to construct a more flexible financial strategy framework. As former dean Chen Chong said, bitcoin is the gun of the digital era. Ever. It may also be the gold of the digital era. Hence gold 2.0, the silver of the digital era. Or it could be the gunpowder a wise nature nation will not let weapons be in others hands. That's right, Bitcoin is a weapon and without it you're going to get left behind. The news comes as Taiwan is immersion as a crypto friendly jurisdiction with the Financial Supervisory Commission pushing initial trials of the institutions of crypto custody services in late 2024. Meanwhile, mainland China continues to maintain its hostile stance on crypto after after imposing a ban on multiple crypto activities, including mining in 2021 as the global hash war continues. Next story of the day we did Taiwan right? So we got two stories left. Here's the latest from Meta Planet and then I'm going to share with you a analyst's 500, 000 prediction and then we'll do some live Q A and we'll may flip this into a pump watch and do some good cool interactive stuff as well. Here you can read Meta Planet is raising another 21 million through bonds to buy More of the Bitty that's right. Fresh off its most recent bitcoin purchase, Japanese investment firm Meta Planet is raising more funds through another bond issue to expand its growing crypto treasury through the 21 and a quarter million issue of 0% ordinary bonds. 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's 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@ Indeed.com podcast. Terms and conditions apply. All the funds raised will be allocated to the purchase of the pre Little Bitty. Why it's Going Up Forever Laura Zero coupon bonds don't offer any interest to the Hodler now. Most of the time they're issued at a steep discount from their normal value and when they mature, the Hodler receives the full value. After Its most recent May 9th Board of Directors meeting, the firm said it will issue a 14th stock acquisition rights to the EVO Fund, an investment management firm in the Cayman Islands, with a redemption date of November 7th. As Meta Planet announced here, Meta Planet issues 21.25 million USD and a 0% ordinary bonds to purchase additional BTC. And at the current prices, Meta Planet could buy 206 Bitcoin if it raises the full 21 million. According to Coin Gecko, the firm first flagged the plans to buy the bitcoin last April. And with the current stash Bitcoin treasury showed Meta Planet is Asia's largest public corporate holder bitcoin and ranks 11th globally. So it's virtually the Japanese version of strategy B. Meta Planet stock has shot up over 1600% in the last year and it's currently trading for 511 Japanese yen, which is $3 and $0.50 USD, according to Google Finance. And on May 7, the Tokyo listed firm disclosed it spent 53 million acquiring 555 Bitcoin at an average price of 96, 000. The company now holds 5,555 of the biddy purchased for 481 million at an average price of 86, 600. Meta Planet also announced on May 7 the issuance of another 25 million 0 coupon ordinary bonds to fund more Bitcoin buys. And on May 1, Meta Planet said it would launch a wholly owned US subsidiary Meta Planet treasury, based out of Florida, Planning to raise 250 million to further its Bitcoin strategy. Tapping into the US capital markets. Precisely. They're just looking to tap into investors in the United States because currently it's not available to them. Meanwhile, a growing number of companies have decided to add Bitcoin to the balance sheet, following in the steps of Sailor's company. Of course, the Sailor put Strive Asset Management is an example. Announcing on May 7, which we covered here in the podcast, transitioning into a bitcoin treasury company that's owned by Vivek Ramsawani. And meanwhile, video game retailer Gamestop Corporation finished a convertible debt offering April 1st that raised 1 1/2 billion with some proceeds earmark for buying bitcoin. And I bet you they're kicking themselves for not pulling the trigger and using that 1.5 billion and purchasing the dip. Because now they're gonna have to pay if they haven't already. At least they're going to pay over a hundred thousand per bitcoin. So what are you waiting for Gamestop? And also I think they're sitting on an additional four billion in capital. So that gives them like five and a half billion of ultimately money that they can purchase bitcoin and only a matter of time family. But you guys let me know your thoughts. And again, welcome everyone. Now for our feature story of the day. More realistic than it sounds. Crypto analyst outlines how bitcoin can explode to 500000 per coin this cycle. So let's break her down. And again welcome everyone. Joining the live stream, a widely followed crypto analyst and trader is L remaining bullish on bitcoin amid bitcoin's 25 rise over the past month and we did tap almost 105000 yesterday. Crypto Kalio shared on X that the prospect of bitcoin reaching a price of 500000 during this bull market is more realistic than it sounds. And according to Calio, the appreciation of over 403% from the current price level would come about amid a rally by Gold Gold, which Bitcoin has traditionally outperformed. So let me pull up his actual tweets right here quoting crypto Calio 500000 + Bitcoin. This bull market is more realistic than it sounds. The current total market cap for gold is $22.6 trillion. My target for gold over the next few years is greater than 8,000per ounce. This would put its market cap at over $50 trillion. Bitcoin currently has a market cap of as of today just above 2 trillion. So assuming it just performs in step with gold, Bitcoin would hit 250000 per coin. The past several bull markets, Bitcoin has significantly outpaced gold. Assuming it does a 2x versus gold, which would be pretty modest, right? It would put one bitcoin at 500000 USD and roughly a 10 trillion bitty market cap. I really don't see how this is too insane for the king of the digital asset class. And he outlines a pretty awesome chart which shows you, you know, bitcoin just going parabolic for the next leg up. He also wrote back on May 6, I believe this is the cycle we finally see bitcoin break the trend. 500000 plus is a magnet. Let me know if you agree or disagree with the analysts. He also tweeted here, as bullish as I am on Bitcoin, I don't see a world where Bitcoin's sending to hundreds of thousands. Thousands of dollars doesn't create a speculative FOMO in alternative crypto assets like we have never seen before. Especially with the current regulatory landscape under the Trump.
Verizon Business
The Hoover Dam wasn't built in a day and the GMC Sierra lineup wasn't built overnight. Like every American achievement, building the Sierra 1500 heavy duty and EV was the result of dedication. A dedication to mastering the art of engineering. That's what this country has done for 250 years and what GMC has done for over a hundred. We are professional grade. Visit gmc.com to learn more. Assembled in Flint Hamtranic Michigan in Fort Wayne, Indiana of US and globally Source.
JV
Parts administration referencing that the entire Trump administration is pro crypto and pro bitcoin which is the polar opposite of the previous administration which was ushering in the war on crypto. In fact, the Biden administration as well as the Obama administration was, you know, perpetuating the war on crypto. So the war on crypto according to Trump is officially finito. And he also says here it is not a matter of if, it is a matter of when. I couldn't agree more with the prediction but you guys let me know your thoughts. The analysts further said other crypto assets will surge amid the bitcoin rally, which is common sense. There is a theory that a rising tide rises all ships and I couldn't agree more with that. And also I just want to share some of the latest tweets from your holiness, the one and only Max Kaiser. Mad respect for this man right here. Shout out Max and Stacy. And did you guys see this? I guess this was something coming out of the UK or Spain. Here we go. Spain now requires a 24 hour notice and a stated reason to withdraw over €3 000 in cash. Non compliance can trigger fines of up to 150€000. When access to your money needs state approval, it's no longer yours. This my friend is a great example of why we bitcoin. Couldn't agree more there. Max wrote here private companies are flooding the globe with USD debasing fiat USD will kill the purchasing power, increase inflation just like governments flooding the globe with fiat money. That was off the back of the the breaking news I referenced earlier. Zuckerberg's Meta is looking to launch a stablecoin payments on his platform. Over 3 billion users. And he owns not only Facebook But Instagram and WhatsApp which I would consider I guess sister companies. So that's absolutely massive. Let's see what else here. I love these memes. El Salvador strategic bitcoin reserve will be worth 1 billion by the time of the Vegas event as bitcoin continues. Look at me. El Salvador is the bitcoin superpower now. That's right, because bitcoin provides individual property rights to over 8 billion humans around the world. Meanwhile, check out Peter Schiff checking out the bitcoin chart. Classic. Max also wrote here no difference in the inflationary impact of flooding the globe with the US the basic fiat from the U. S Treasury of flooding the globe with private pseudo USD debasing stable coins from abroad. When the Germans flooded the UK economy with a counterfeit British pounds during World War II did that help the UK economy? And I'm going to end it here. There's only one explanation regarding Peter Schiff always fighting bitcoin. I'm going to first read you the Peter Schiff quote and then I'll read you Max's response. We'll get some laughs and we'll go from there. Turn out the lines. The Bitcoin100,000 party is over. As is typically the case. I'm sure most of you stayed too long. Also, despite bitcoin entering the bear market today, there was no panic or capitulation. That means the bitcoin bear market is not over but just getting started according to the Peter Schiffmeister, Max responded, there's only one explanation. Peter is a copro haggis. Now I had to look up this word because it's new and I had to add it to my vernacular and I looked it up. Here's the definition. It is the consumption of feces. The word is derived from the ancient Greeks to eat. It refers to many kinds of feces eating, including eating feces of other species. And I mean this couldn't describe Peter Schiff any better. So I put. Nailed it. Spot on. And if you don't know, now you know. Welcome everyone to the Q A segment of the live show and let me know your thoughts with Bitcoin to 500000 yesterday I shared with you the reasons why Max Kaiser believes we're heading to 500 000. Today I shared with you why crypto analysts were crypto. Calio believes we're going to hit a half a million per coin this cycle. But you let me know your thoughts and I'll read your comments out loud. Let's get it. Bitcoin is currently number five of the global asset ranking. Put it in the past. The likes of the Amazon Alphabet and silver up from 10 at the beginning of the year. That's right Greg. Thanks for pointing that out. 2x is nothing for the bitty. I've seen it go way higher since inception 16 years ago. Bitty is up 150 million percent in the same period of time. Gold is up 220%. Choose wisely. Well said. Well said 1188 live viewers. That's another divine omen. 1111 baby. Hilarious, I say hilarious. Anyone holding the video is going to be thankful in 2030 that they did it. I dare say if you've been holding for the past four years, you're very grateful that you held and that will remain true for the rest of your life. And the longer you hold, the more the unrealized gains. And they can't tax your unrealized gains. Tax that evildoers. And they can't tax what has been lost in a bow and accident. So don't push me. Oops, I lost it. I'm sorry. As Mikey Saylor would say, take out your dollars out of the stocks and stack more sats. Buy the pre little bitty.
State Farm
Hi, this is Debbie, your blinds.com design consultant. Oh, wow, a real person. Yep. I am here to help you with everything from selecting the perfect window treatments to. Well, I've got a complicated project. Oh, not a problem. I can even schedule a professional measure and install. We can also send you samples fast and free. Hmm. I just might have to do more. Oh, okay. So the first room we're looking at is for guests. ShopBlinds.com now and save up to 40% site wide. Blinds.com, rules and restrictions may apply.
JV
Couldn't agree more. Couldn't agree more. 2x is nothing. Couldn't agree more. There with your Oracle 1 million cycle peak. I dare say 1.1 million in this cycle. Send it. And don't forget to check out cryptonewalerts.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 1987: "$500,000 Bitcoin This Bull Market Is More Realistic Than It Sounds" Release Date: May 10, 2025
Hosted by Justin Verrengia (JV), Episode 1987 of Crypto News Alerts delves deep into the current state and future prospects of Bitcoin and the broader cryptocurrency market. Skipping past the advertisements, the episode is structured into several key sections: Market Overview, Major News Headlines, Analyst Predictions, and Community Interaction. This comprehensive summary captures all essential discussions, insights, and conclusions presented during the episode.
JV kicks off the episode with a detailed Market Watch, providing the latest statistics and trends in the cryptocurrency space.
Bitcoin Performance:
Ether and Other Cryptocurrencies:
Market Sentiment:
Notable Quote:
"Bitcoin ripping like the new Scotty Pippen. We almost hit 105,000 yesterday." — JV [00:56]
A significant development highlighted is **Facebook's (Meta Platforms) decision to enable crypto payments for its 3 billion users through Bitcoin Lightning Network.
Notable Quote:
"Facebook to enable crypto payments for their 3 billion users. This is absolutely massive." — JV [05:52]
Starting May 16th, Steak and Shake, a prominent fast-food chain, will begin accepting Bitcoin as a payment method.
Notable Quote:
"Fast food chain Steak and Shake will start accepting bitcoin. This is a sign of the times." — JV [12:00]
Institutional interest in Bitcoin continues to surge, with significant inflows into Bitcoin Exchange-Traded Funds (ETFs).
Statistics:
Analysis:
Notable Quote:
"Institutional FOMO continues to stack the SATs as spot Bitcoin ETFs see substantial inflows." — JV [12:00]
A pivotal moment for Bitcoin as Taiwanese lawmaker Koju Chun calls for the inclusion of Bitcoin in national reserves.
Notable Quote:
"Bitcoin has a fixed total supply, is decentralized, and is resistant to censorship. A great addition to Taiwan's reserves." — Taiwan Lawmaker Koju Chun [17:28]
Meta Planet, a Japanese investment firm, is issuing $21.25 million in 0% ordinary bonds to expand its Bitcoin holdings.
Notable Quote:
"All the funds raised will be allocated to the purchase of more Bitcoin. Meta Planet is strategically expanding its crypto treasury." — JV [12:00]
A standout segment features analysis from Crypto Analyst Calio, who presents a bullish forecast for Bitcoin.
Projection:
Rationale:
Notable Quote:
"A 403% appreciation from the current price level would come about amid a rally by Gold. Bitcoin would hit $500,000, making this not too insane for the king of the digital asset class." — Crypto Analyst Calio [27:57]
The episode features an engaging Q&A segment, where JV interacts with live viewers, addressing their thoughts on Bitcoin’s future and responding to comments.
Notable Quotes:
"Bitcoin is up 150 million percent in the same period of time. Gold is up 220%." — Viewer Greg [33:29]
"Anyone holding the video is going to be thankful in 2030 that they did it." — JV [33:29]
Notable Quote:
"Take out your dollars out of the stocks and stack more sats." — JV [28:26]
Regulatory Environment:
Global Crypto Adoption:
Notable Quote:
"Bitcoin is a weapon and without it, you're going to get left behind." — JV [17:28]
Episode 1987 of Crypto News Alerts underscores a bullish outlook for Bitcoin, driven by institutional investments, mainstream adoption by giants like Facebook and Steak and Shake, and supportive legislative actions in Taiwan. The featured analyst's prediction of Bitcoin reaching $500,000 adds momentum to the optimistic narrative. Community interactions and the host’s insights reinforce the sentiment that Bitcoin is poised for significant growth in the current bull market. For listeners seeking an in-depth understanding and real-time updates, JV encourages visiting cryptonewalerts.net for premium content and live interactions.
Final Notable Quote:
"As adoption continues around the world, Bitcoin coming to a fast food chain near you is the next story of the day." — JV [33:58]
Stay informed and HODL with the best premium crypto content on the planet by tuning into Crypto News Alerts daily.