
"Every bitcoin that you don’t buy is a $13 million cost."
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JV
Happy Sat Stacking Saturday welcome fam to no. 1 Daily Bitcoin Pod. In today's show I'll be sharing the latest bitcoin technical analysis as we maintain above $103,000. Also the latest from Robert Kiyosaki. He says ditch the fake money for the bitcoin gold and silver. We'll also be discussing Black Rock's Bitcoin E test post 356 million worth of inflows marking the longest streak thus far in 2025. Also breaking news show UFC legend Conor McGregor want Bitcoin strategic reserve in Ireland. Let's make it happen Connor. We'll also be discussing Arthur Hayes Just Blaze says crypto bull Market prime to continue outlines his bitcoin path to seven figures. And speaking of seven figures strategies, Michael Sailor, who was recently interviewed by Coin Stories Natalie Brunel and says bitcoin will hit 13 million by this particular date and will replace cash and gold. I'll be breaking it down for you. 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 welcome everyone to the live stream. Happy Sat Stacking Saturdays today is Pod episode number 1988. I'm your host JV and it's May 10th, 2025. Let's kick it off with our market watch as we do each and every day. You should be able to see my screen right here. Let's pull up coin360. As you can see we have bitcoin correcting after a pretty substantial pump over the past three days. We're currently above 1031 but barely in the red on the day. I think we'll flip back in the green door in the stream. You let me know your thoughts. We have ether which is one of the bigger gainers, up 6% on the day, trading just shy of 2500. While XRP, BNB, Salana, Cardano, all pumping and in the green and checking out coin market cap dot com. The current crypto market cap is 3.29 trillion. It's been back on the climb which is a good sign. Bitcoin market cap recaptured 2 trillion a few days back when we recaptured 100,000. Still sitting above looking to restrike 2.1 trillion. And considering the gold market cap is like 22 trillion. Bitcoin could do another 10x overtaking gold and we all know it's going to happen. Captain, just a matter of time and dominance for bitcoin today is 62% I believe. Let me confirm it. Yep, 62% confirmed bitcoin dominance. Ether dominance up to 9.1% today. Just a couple of days ago it was like 7.4. So ether may have bottomed out for the recent time being because it's starting to climb again. Considering that the all time high for ether is like 4, 500. Still has a long ways to go but nonetheless it's getting some bullish action in the market. And check it out, top 100 crypto gainers past 24 hours. We got the infamous dog whiff hat of 30 followed by immutable up 9% followed by injective up 12. Which alts if any are you bullish on for the bull? Holla at your boy. And checking out the crypto bubbles we get a visual perspective starting on the daily. Safe to say 95% of the market bullish and in the green. Zooming out for the week, very similar but even more bullish I dare say like 96, 97% all gainers and zooming out on the monthly. Very similar scenario. Virtually everything in the green as there's so much liquidity being injected back into the markets. Long overdue in my humble perspective. So it's good to be where we're at. On the cusp of re entering the price discovery and checking out the infamous crypto greed and fear index. Today we're 70 greed yesterday a 73 last week at 65 and last month 39 in fear and checking out the time chain calendar we're currently on block number 896,139. We have 153861 blocks until the next having and for those that don't know, there's a block approximately every 10 minutes since the inception of the very first block 16 years ago which was the genesis block. And as of today you can exchange one fiat monopoly dollar for 968 sats. So you know what to do Brosis, pick up the SATs, put down the gats and pick up some bitcoin caps from a man Sergio over@bitcoin caps.net I know Chandy just put in like a 400 order paid by with bitcoin which is amazing. So thank you guys for supporting fellow bitcoiner and small business owner and veteran sergio over@bitcoincaps.net so you already know we're just going to look at the charts and do it our own way. The nipinator way. Why not? And we'll go from there. So let me pull up some of the live charts here and you guys let me know your thoughts in the comments. I'll read them when I'm done going through the TA here. But you should be able to see live and on your screen. We are above 1032. We are pumping. This is the hourly chart via Coinbase which is the largest exchange in the States.
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JV
We do have a bullish pennant formation. We do have a bull target in the green sitting at 109 which obviously is right at price discovery. Literally 1093 is current price discovery achieved on Coinbase back on January 20th was which is inauguration day. So if we pump here which is a six thousand dollar pump from the current price, we'll be right back at Price Discovery and that's when things get very exciting because we've never seen price action that high. So how high will it continue to climb up next leg up you let me know your speculation. I'll read the comments out loud here in a second. Checking out the four hour chart Very bullish as well. A lot of bullish momentum this week as you can clearly see here. No particular targets on the four hour. So we'll next zoom out to the daily and the daily chart shows us massive bull candle a couple of days ago which took us back above 100. Then you can see itty bitty red corrective for yesterday and green already thus far today but the day still kind of early. It is a weekend obviously as well. Sat stack and Saturday legacy financial systems or markets are closed. But one thing that does not take a break and that's the pretty little bitty it does what it does best. Continuing to pump and on the daily chart bull scenario red target 111,000 in play. Let's go. And then there's a bear scenario which I think is very unlikely but it is on the chart sitting just shy of 69G's baby. And zooming out a little more. Let's take a look at a weekly and the weekly chart also. 1, 2345 green consecutive candles. We will get the the one that's currently being printed, the big green one you see the most recent tomorrow is the weekly close Sunday at around this time but that's going to be five consecutive green bullish candle closes on the weekly chart we also have the sexy cup and handle target so sitting at 124,000. Stay tuned later for the Nipinator indicator and he may tell us when we're likely to hit that $124,000 target. We got to stick around broskis and baddies and zooming out little broader. We'll take a look at a monthly and we're 10 days into the month of May. April thank God was a nice bullish close to return Back in bullish territory and thus far this month of May though we're only 1/3 of the way here complete thus far. So good as we continue to pumpage here in Q2. As you know Q1 we did hit the current all time high of 1093 in January and then we had a corrective February and March and then the bull resumed in April and here we are now in May. But you guys let me know your thoughts. Where do you feel the prelo bitty is likely to take us next? And I'll read your comments out loud. But next story of the day regarding rich dad Robert Kagi. Let's go. Let me know if you've ever read Rich Dad Poor dad the classic. But anyways, Kiyosaki backed a hardline stance against central banking systems. Preach particularly the Federal Reserve while quoting former US Congressman Ron Paul. Ron Ball, longtime critic of the Fed and author of End the Fed, described interest rate settings by central banks as price fixing, equating it to socialist and Marx Marxist economic control. I couldn't agree more. And for those not familiar with Marxists, that's ultimately the precursor to Communism and precisely where the United States is heading if we don't get our together. Paul warned that such mechanisms erode personal wealth and undermine economic freedom, a sentiment that aligns closely with Kiyosaki's long term concerns. Quoting him here Rich dad that is Fake money leads to dishonest money, dishonest statistics, dishonest accounting, dishonest balance sheets, dishonest compensation, dishonest relations, dishonest leaders and corruption in everyday life. Nailed it. Kiyosaki. He called on Americans to fight back by opting out of the VIA system unplugged from the matrix and instead embracing the centralized stores of value like the pre little bitty going up forever Laura as well as precious metals. As he shares here, I'll quote him word for word words of wisdom from former US Congressman Ron Paul, author of Our author of and the Fed. An advocate of ending the Fed all central banks and getting back to the sound honest money system, Ron Paul states they central bank setting interest rates is price fixing in a form of central planning. Price fixing is a tool of socialism and central planning is pure Marxism and is designed to steal your wealth, destroy production, steal our freedoms and open the doors for a socialist takeover. Bingo. Simply said, fake money leads to dishonest money. Exactly my suggestion. Don't be a loser. Don't let left wing academic socialists win, but fight back. Save your freedom, don't work or save the fake money. Get your own decentralized gold, silver and the big bitcoin standard.
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JV
Baby Baby now. Kiyosaki's disdain for fiat currency as we know is not new. He repeatedly criticized the US dollar labeling a dying currency, which we all know it is inflated by government spending, which we all know is a fact, and central bank corruption via manipulation. His financial philosophy, rooted in Austrian economics and personal sovereignty champions assets like the biddy that cannot be debased or politically controlled. Tell them Rich dad has long argued that the bearer assets gold, silver and more recently the biddy are critical hedges against inflation and key to the long term generational wealth accumulation through the economic cycles. Quoting them again don't work or save the fake money. Get on your own. Decentralized Gold, silver and a Bitcoin standard Kiyosaki forecast Bitcoin to hit a million dollars by 2035 as the US dollar continues to lose value due to the inflationary monetary policies. Quoting them here, I strongly believe by 2035, which is 10 years from now, fam that one bitcoin will be over 1 million. Gold will be 30,000 in silver, 3,000 a coin. So he's ultimately saying what's gold now? Just above 3,000, right? I think the all time high is 3,500. So he's ultimately saying gold in 10 years will 10x. Can someone run the math? 100,000 to a million. So he's ultimately saying he thinks bitcoin will also 10x. I don't know the current silver price, but maybe one of you guys can let me know in the chat. Kiyosaki is not the only one expressing confidence in the Bitcoin future. As you know, Ark Invest CEO Ms. Kathy Wood said Bitcoin will hit 1.5 million and she recently upped her target of like 2.8, something like that. And more recently, Eric Trump delivered a keynote speech at the Bitcoin Abu Dhabi event at the UAE predicting Bitcoin to hit a million due to the scarcity. And later into today's stream. I'll share with you Arthur Hayes. Just blaze 1 million prediction as well as Michael Saylor's 13 million price prediction. Take that bears and let's dive into our next story of the day, shall we? The latest from the Black Rock. Here we go. Black Rocks Bitcoin ETF post 356 million worth of the inflows, marking the longest streak of the year. We're so back. That's right, Black Rock's eye bit capped off the trading week with another day of the inflows, pulling in 356 million just on May 9. The fund has now extended its inflow streak to 19 consecutive days, its longest run of the inflows thus far this year of 2025. IBIT's inflow streak has been ongoing since April 14 and has coincided with the volatile bitcoin market with the asset trading between 83 and 103 over the period. Quite a spread, right? However, the market sentiment has been increasing after the asset reclaimed and held above 90, 000 on April 23rd before reclaiming the hundred thousand target on May 8th for the first time since February 1st first and over the past trading week alone, IBIT posted over a billion worth of inflows and prior to the current 19 day streak, Ibit's longest inflow streak this year was a nine day stretch surrounding Trump's inauguration. As you know, January 20th when we hit the current all time high 1093. And as you can see, Ibit's longest inflow Streak since the spot Bitcoin ETFs launched in January of 2024 lasted 104 days stretching from the launch date all the way through to April 23. The streak coincided with Bitcoin reaching a new all time high of 73 in March before pulling back to the mid 60g range. And on April 23, black rock spot Bitcoin ETF was named the best new ETF at the annual ETF Awards. It's like do people actually tune into this thing? Like I understand we some of us tune into like the Super Bowl, Grammys, the Oscars, but I've never heard of the ETF Awards. But God bless that Larry Fink meister Eric Baluna shared. It just feels right to me a bit wise head of the European Research Andre Dragos recently said the bitcoin expanding the institutional adoption may be the structural inflow necessary to surpass the gold market cap and push the price beyond a million by 2029. All I gotta say send it and our in house prediction is a million he says by 2029 so that Bitcoin will match goals market cap and total addressable market by 2029. Let me know if you agree or disagree. Shout out Sweet Bitty McGee. Here's the latest from Ireland, Mr. Conor McGregor. But first I have a sound bite from the one and only back is you're back at your home with your wife. It's a celebration. It's red panty night when you signed to fight me yeah back at your back at home with your wife. It's a celebration. But Speaking of Conor McGregor, let's start with his infamous tweet he shared yesterday and caught my attention. Crypto in its origin was founded to give power back to the people. An Irish Bitcoin strategic reserve will give power to the people's money. I will be co hosting a Twitter space to talk about what I want to see changed. Victory to Ireland and this already got over a million views and is going viral and is currently trending 15,000 hearts, 1.8 thousand reposts and as you know Connor, he's a superstar that transcends.
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JV
Fees apply Mixed Martial arts close to 11 million followers just on X I would assume collectively with all the social networks, probably 30, 40, 50 million plus followers. So this is a big deal. And I also know he is running for President of Ireland. At least he has been kind of hinting at that. But that would be absolutely massive as the game theory continues all around the world. How many of you would love to see a bitcoin strategic reserve for the country of Ireland? Let me know. The Fighting Irish. Let's get it, but let's dive a little deeper Conor McGregor, the 36 year old UFC legend with 22 wins and six losses, urged his homeland to become a crypto hub by implementing a digital asset reserve. He asserted that crypto in its origin was founded to give power back to the people and noted he'll co host an X space. I don't know when the date is on that particular X space, but I would assume it'd be coming incoming soon. And while he spoke about both crypto and bitcoin in terms of the Irish reserve, many of the comments below his original post urged him and his country to focus only on the largest digital asset. Preach Pompano was amongst the first to pick up McGregor's call for the bitcoin strategic reserve in Ireland and accepted unexpectedly praised the move. The notion of the country is adopting bitcoin as a strategic reserve asset has been talked about for years within the community. However, it was just a distant dream until very recently. The idea is that bitcoin has similar qualities like gold and the yellow metal used to back numerous fiat currencies and is still held in mass by numerous central banks. So why not Bitcoin, Right? Great question. And the critics have argued for the past few years the bitcoin is too young and too volatile and hasn't matured yet to be such a responsible position. And after the US elections though, the Tides have turned. Amen. Current President POTUS Trump dabbed the idea of establishing a bitcoin strategic reserve in the country and there are multiple discussions on the matter amongst different nations. And although it still feels very early as most are just that discussions or blatant rejections, it could be considered as a move in the right direction. Well, you got to give credit where credit is due. Trump did sign the bitcoin strategic reserve executive order. It's already a done deal and I can guarantee you countries are all entertaining the same idea all around the world as the game theory and global hash war continues. But you guys let me know your thoughts and do you think Connor would push for that if he becomes president? Do you think he will become president? Because now he's going to get a lot of support from within the bitcoin community and people who can see through the corruption of the central banking cartels, etc. Let me know your honest thoughts and read your comments out loud. I think that's fantastic. I think more people like Connor need to use their platform to push bitcoin adoption. So I personally love to see that next story of the day. Bros let's see where we left off. We're going to discuss a $1 million target as per Joe Blaze Arthur Hayes and then we'll discuss the latest from Michael Sailor from his recent interview with Natalie Brenell from Coin Stories projecting Bitcoin hitting 13 million. Then we'll do a little live Q and A for the baddies and the Broskis and the Nipinator and you should be able to see here Arthur Hayes's Blaze says crypto bull market prime to continue outlining the bitcoin path to seven figures. That's right. Arthur Hayes is leaning bullish on the prelo biddy as surging liquidity conditions boost the value of the biddy. In a new interview on the White Crypto YouTube channel, Hayes says an increase of the global money supply will act as a bullish catalyst for the bitcoin and crypto quitting them here. I think it's a great time to be in the crypto ecosystem because we have sort of this reflation happening across the world, more fiat money chasing a scarce asset and the bull market's going to continue and I think it is going to be a fun party. And according to Hayes, just Blaze bitcoin can go up by about 10x from the current level by January of 2029, putting them here I think by the end of the Trump presidency. So end of 2028, Bitcoin will be around 1 million. Let me know if you agree. That means in 3 years 10x the current price action family or we'll have across the million. It might be lower than that at that point, but I think we'll get to that nominal figure within the next three to four years. Amen. And also it's in play. Could happen this year. I'm not saying that's most probable scenario, but keep in mind a bull scenario. Easy peasy. We can 10x. We've done it before Broskis and on the US dollar prospectus the face of increase in the money supply the Maelstrom Fund CIO says the following. I think the dollar depreciates against the gold, the dollar depreciates against the biddy. The US Treasuries are probably the worst thing to own versus any other sort of financial asset out there as they need to devalue because there is just too much out there. So you already know what to do. Trade the inferior assets for the superior apex predator and you shall not be disappointed. Just saying. Now for our feature story of the day strategies. Mikey Sailor says bitcoin to hit 13 million by this particular date and we'll replace cash and gold. And that's right. Let's break it down. The latest interview from Coin Stories with Natalie Brunel. Shout out to the baddie. So yeah, in a chat with Natalie Brunel microstrategies Ryan Reynolds here from Mint Mobile.
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JV
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And fees, extra fee full terms. @mintmobile.com Mikey Saylor and obviously the company rebranded the strategy B made a bold prediction. He sees Bitcoin hitting 13 million per coin by the year 25, which ultimately means within the next two decades. Why he believes we're moving into a new financial era where Bitcoin replaces the old school reserves like assets such as cash, gold and bonds as the go to store value for the companies. Sailor believes the cost of ignoring bitcoin today will be immense. Quoting them here Every bitcoin that you don't buy is a $13 million cost and that Ferrari that you're going to buy is going to cost you like 6 bitcoin. So it's going to be a hundred million dollar Ferrari, right? If you look at it out 20 years. And that's a great perspective because I doubt you're going to want to spend any bitcoin if you have the long term perspective, right? It's like why would you buy a Ferrari today and end up paying 100 million for that stupid car which is only going to depreciate. Right? MicroStrategy, known for holding more bitcoin than any other publicly traded company. That's, that's a fact. Has become the poster child for the strategy. We call it the sailor put. And Sailor says smaller, less knowner companies are the ones leading the new wave. And they now have like over 555,000 bitcoin. And micro strategy was the first publicly traded company to put a biddy on the balance sheet back in 2020. So it took them five years to accumulate 555,000 bitcoin. To put some perspective how fast Wall street and the etfs like blackrock are accumulating. Pretty little bitty. They have over 600000 bitcoin and etfs just went live last year. So they're outpacing the Gigachad by a factor of 5x. Let that sink in supply shock. 13 million per coin you already know. So with about 12000 publicly companies in the US many mid sized firms are struggling to stay re relevant. And according to Sailor, adopting bitcoin allows them to digitally transform the balance sheet, boost their investor confidence and reposition themselves into the market. And quoting them again. Zombie companies with little attention on the market are now challenging the tech giants like Google and Apple not by innovation alone, but by making the bitcoin a part of their corporate identity. Example Meta Planet, the Japanese version of the microstrategy recently adopted the biddy and they already have a massive accumulation. Their goal is 10000 Bitcoin before the end of the year. They're more than halfway there. Their goal, 21000 Bitcoin by the end of next year. Why 21 million Bitcoin can ever only be in existence. So you already know it's a blackjack baby. Sailor believes traditional corporate financial practices like stock buybacks and cash dividends are becoming outdated. So old school. Now the conventional corporate finance playbook is cash is trash and cash underperforms the S P index. And so the S P index is the cost of capital, he says. And Instead, he encourages companies to huddle the biddy describing as the reserve asset emerging in the 21st century. Quoting them here. Bitcoin offers one more collateral advantage which is the more uncertain the operating world gets, the more valuable Bitcoin becomes, Sailor said, noting its ability to build the long term value and whether the crisis like the trade wars, the tariffs or the inflation and quoting Chandy yet can't tear up the Bitcoin. I can't tear a bitcoin. Sailor didn't just speak to the corporate leaders, he also gave advice everyday investors. His message, hold your job, save your cash and buy the bitty. He recommends using long term low interest mortgage debt to free US capital instead of spending on luxuries or paying off homes too early. Quoting them here if bitcoin is growing 30% a year and your mortgage is fixed at 3%, you're better off investing than paying it off early. So he's ultimately saying buy as much Bitcoin as you can. Now it's better to have a long term 15 or 30 year mortgage where you're paying a little bit every month, even though over the long haul it's a lot. Bitcoin's appreciation will more than make up for it, so it's a smarter play. According to the gigachad, MicroStrategy isn't just holding the biddy, it's building new ways for people to access it. Sailor introduced two new financial products. Number one, we got Strife, a preferred stock offering paying a 10 dividend forever. It's perpetual over collateralized by Bitcoin designed for investors seeking income and safety and also strike. It offers an 8% coupon with some downside side protection and 35 to 40% of the upside of the common equity, ideal for those wanting Bitcoin exposure with less volatility. Sailor also floated the concept of the Bitcoin back bonds or the bitty bonds. These could eventually become tools for nations such as the United States. You listen in Trump and corporations. Are you listening? Apple? Are you listening? What is the other ones out there? We got Apple, Microsoft, Alphabet of course which is Google. We have that one big stock company play that just is raising. Just raised one and a half billion. Gamestop is what I'm looking for. Bold leadership is gaining traction and while the cabinet officials have started speaking favorably about a biddy and the US has even established a strategic Bitcoin reserve thanks to the Trumpster, Sailor is not surprised that the government hasn't bought any yet. I generally expect that large governments will move in applauding somewhat methodic.
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JV
Not always rational fashion. Hence why we're seeing the bitty adoption in the state level such as New Hampshire, the first state to establish a strategic bitcoin reserve. As the game theory continues in full effect, Bitcoin's resilience and the microstrategy surge sailor remains unfazed. No pain, no gain in the biddy game for the macro panic. Bitcoin is the only thing that you can sell and you can sell it short with 50x leverage on a Saturday morning highlighting its liquidity. Even in volatile markets, Bitcoin tends to recover and rally. That's right. He pointed to the 2020 Novid crash when Bitcoin dipped to 4,000 but bounced back even stronger. That's right. And within one year the following year it was 60,000 within a 12 month spread. And if you don't know, now you know. Let me know your thoughts with a 13 million dollar biddy and I'll read your comments out loud. Welcome everyone to the Q A segment of the live stream. I've been listening to lots of soft love songs like Streisand classic rock and I love some newer stuff by Olivia Rodrigo and Sabrina Carpenter. Thank you for sharing. Graper my husband likes the yacht rocks. Yacht rocks, eh? Have a great day. Shout out Jeffrey Curry. Appreciate you. I gotta go hit the basketball courts before the T Wolves play tonight. Enjoy your time on the courts. That's why I haven't paid off. Can someone give me an update on the Knicks game? What's the score? That's why I haven't paid off my mortgage yet. It's smarter. It is, it is. It is. Smart, smart, smart. There are big plays. Bitcoin, MicroStrategy, CEP, Bitcoin Miners Marathon riot. All the miners. It is if and when bitcoin rock as they will do pretty low Bitty going up forever Laura. That's what I'm saying. Family and happy sas stack and Saturday family. I'm glad I got the the news out. I feel like my work is done. I can chill now with you guys. This is the Q A segment. I'll do my best to read comments out loud. I encourage everyone to visit the YouTube channel because most of you watching this, there's over 1500 people live right now. Most of you are on x. There's only 142 people on YouTube. So I encourage everyone on X to come join us, have some fun in the YouTube chat because that way you can interact with us. I appreciate you guys. It's going up forever, Laura. That's what I'm saying. There are the big plays, there's a big plays, the small plays, the mediocre plays. Every play is a play play all day. Michael Saylor 2024 dragons. We don't slay dragons. We're dragons that slay. Oh yeah. I promise to share with you what my show and tell. So let's have a little conversation, shall we? The Black Seed Oil and again, I have to preface this. This is not health advice. Just as I don't give financial advice during the stream. You know, everything I share is for entertainment pur only. My only goal is to entertain you with sharing the news. So take everything I say with a grain of salt, right? I am not to be held responsible for any stupid investment decisions you make is what I'm trying to say. Also, I preface this with I am not giving health advice. I don't give health advice. I'm not qualified. Just as I'm not qualified to give financial advice. People like Jim Kramer are some way somehow don't ask me how or why, but that's another topic for another day. But I'm not giving health advice either. Because I'm not a doctor, I'm not a licensed practitioner in health. I'm just passionate about health and we'll leave it at that. So anything you hear me say is not health advice whatsoever. So you can't blame me if you end up doing something stupid to yourself. So just FYI, now I got the disclaimer out of the way. This is the black seed oil. The theory goes it can cure everything but death. And I'll leave it at that. There's a lot of things in our society that western science, Western pseudoscience has no cure for. And I'm going to give you a real world example in a second. But let me make sure I'm not missing comments. So break through the firmament past water filled skies. My favorite bars in the new song Shandy. I love it. Yeah, so something I take every day I take a tablespoon of it and the theory goes it cures everything but death. And King Tutor tomb in Egypt he was buried with black seed oil. This is 100 pure black seed oil. Cold press. I order it on Amazon. It's one of my favorite supplements. My daughter takes it. I take it. I first started taking black seed oil years ago and then I forgot and then I went off of it for a few years and then I started taking it again. I love it. And again I take it every day, typically in the morning when I take my liquid supplements. And again, the theory is it cures everything except death, and I'll leave it at that. And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q A. And I look forward to seeing you on tomorrow's episode. HODL.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Episode 1988: “Bitcoin to Hit $13 Million Replacing Cash and Gold” - Michael Saylor
Host: Justin Verrengia (JV)
Release Date: May 10, 2025
In Episode 1988 of "Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News," host JV delves deep into the current state and future prospects of Bitcoin and the broader cryptocurrency market. The episode covers technical analyses, influential voices like Robert Kiyosaki and Michael Saylor, institutional movements such as BlackRock's Bitcoin ETF inflows, and notable endorsements from figures like UFC legend Conor McGregor.
JV begins the episode with a comprehensive market analysis, highlighting Bitcoin’s stabilization above the $103,000 mark despite recent corrections.
Bitcoin's Current Status:
[00:58] JV notes, "Bitcoin correcting after a substantial pump over the past three days... currently above $103,000 but barely in the red on the day."
Ethereum and Altcoins:
[06:31] Ethereum is highlighted as a major gainer, up 6% and nearing $2,500. Other altcoins like XRP, BNB, Solana, and Cardano are also performing well, contributing to a total crypto market cap of $3.29 trillion.
Market Sentiment and Dominance:
[02:15] "Bitcoin dominance stands at 62%, with Ether increasing to 9.1% today... Ether may have bottomed out for the time being."
Technical Analysis:
[06:05] JV discusses bullish formations and targets, including a potential surge to $109,300. He emphasizes the importance of Bitcoin's dominance and liquidity, suggesting a positive outlook for continued growth.
JV highlights insights from Robert Kiyosaki, the author of "Rich Dad Poor Dad," who advocates for abandoning fiat money in favor of Bitcoin, gold, and silver.
Kiyosaki's Critique of Fiat:
[11:29] Kiyosaki is quoted saying, "Fake money leads to dishonest money, dishonest statistics, dishonest accounting... corruptions in everyday life."
Alignment with Ron Paul:
[11:29] The episode draws parallels between Kiyosaki and Ron Paul, emphasizing their shared views on the dangers of central banking systems: "Central bank setting interest rates is price fixing... pure Marxism designed to steal your wealth."
Call to Action:
[11:29] Kiyosaki urges Americans to "opt out of the fiat system and embrace decentralized stores of value like Bitcoin, gold, and silver."
One of the episode's highlights is Michael Saylor's bold prediction that Bitcoin will reach $13 million, ultimately replacing cash and gold.
Saylor’s Vision:
[23:00] Saylor forecasts, "Bitcoin to hit $13 million by 2025, replacing traditional reserves like cash and gold."
Strategic Implications:
[23:00] He emphasizes the urgency of adopting Bitcoin, stating, "Every Bitcoin that you don't buy is a $13 million cost."
BlackRock's Bitcoin ETF continues to gain traction with significant daily inflows, marking a pivotal moment for institutional adoption.
Inflow Statistics:
[17:01] JV reports, "BlackRock's Bitcoin ETF posted inflows of $356 million on May 9, extending its streak to 19 consecutive days."
Market Impact:
[17:01] "IBIT's inflow streak coincides with increased market sentiment, pushing Bitcoin towards surpassing gold's market cap."
Future Projections:
[17:01] Analyst Andre Dragos predicts, "Bitcoin will reach a $1 million market cap by 2029, aligning with BlackRock’s bullish stance."
UFC superstar Conor McGregor takes a stance by advocating for Bitcoin to become Ireland's strategic reserve.
McGregor’s Initiative:
[17:30] "Crypto was founded to give power back to the people. An Irish Bitcoin strategic reserve will empower the people's money," McGregor tweeted, garnering over a million views.
Community and Institutional Response:
[17:30] Support from figures like Pompano underscores the growing acceptance of Bitcoin as a sovereign asset.
Potential Political Impact:
[17:30] With hints at a presidential run in Ireland, McGregor’s push could influence national financial policies towards cryptocurrency adoption.
Arthur Hayes, co-founder of BitMEX, shares his optimistic outlook on Bitcoin's trajectory.
Hayes' Predictions:
[23:00] "Bitcoin can go up by about 10x from the current level by January 2029," Hayes states, targeting $1 million.
Catalysts for Growth:
[23:00] Hayes attributes Bitcoin's potential surge to increasing global money supply and institutional investments, creating a reflationary environment favorable for Bitcoin.
Comparison with Traditional Assets:
[23:00] "US Treasuries are the worst to own versus any financial asset... Bitcoin's scarcity makes it superior."
MicroStrategy remains a leading corporate holder of Bitcoin, reinforcing the narrative of institutional trust in the cryptocurrency.
Accumulation Strategy:
[23:00] MicroStrategy has amassed over 555,000 Bitcoin, outpacing other entities like BlackRock and setting a benchmark for corporate investment.
Financial Products and Innovations:
[23:00] Introduction of new financial products like Strife (a preferred stock paying a 10% dividend) and Bitcoin back bonds signifies innovative approaches to integrating Bitcoin into corporate finance.
Future Goals:
[23:00] MicroStrategy aims to challenge tech giants by establishing a strong Bitcoin presence, akin to companies like Meta Planet adopting Bitcoin reserves.
The episode underscores a bullish sentiment across the cryptocurrency market, driven by increased institutional adoption, influential endorsements, and strong market fundamentals.
Market Liquidity and Growth:
[00:58] "Virtually everything is in green as there's so much liquidity being injected back into the markets."
Price Resilience:
[23:00] Bitcoin's historical resilience, such as bouncing back from the 2020 crash, reinforces confidence in its long-term growth potential.
Community Engagement:
[23:00] JV encourages listeners to engage via YouTube and other platforms, fostering a strong community around Bitcoin advocacy and investment.
JV wraps up the episode with a Q&A segment, addressing listener comments and reinforcing the key messages of Bitcoin’s potential and the importance of strategic investment.
Final Thoughts:
[23:00] "Bitcoin is the only thing that you can sell and you can sell it short with 50x leverage... its liquidity makes it a resilient asset even in volatile markets."
Encouragement for Adoption:
[23:00] Listeners are urged to "pick up the sats, put down the gats, and invest in Bitcoin," emphasizing the transformative potential of decentralized finance.
JV on Bitcoin's Future:
[06:31] "Bitcoin could do another 10x overtaking gold and we all know it's going to happen."
Robert Kiyosaki on Fiat Currency:
[11:29] "Fake money leads to dishonest money, dishonest statistics... corruption in everyday life."
Arthur Hayes on Bitcoin’s Potential:
[23:00] "Bitcoin can go up by about 10x from the current level by January 2029, putting it around $1 million."
Michael Saylor's Bold Prediction:
[23:00] "Bitcoin to hit $13 million by 2025, replacing traditional reserves like cash and gold."
Episode 1988 offers a comprehensive overview of the current cryptocurrency landscape, emphasizing Bitcoin's robust performance, institutional confidence, and the influential voices driving its adoption. With predictions soaring towards unprecedented valuations, the episode reinforces the significance of strategic investment in digital assets amidst evolving global financial dynamics.
Stay informed and HODL!