
In a new interview Bitcoin OG and Blockstream founder Adam Back says, "$100,000 is way too cheap" and that Bitcoin gets between "$500,000 and $1 Million during this cycle."
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JV
Welcome Bitcoin Fam to one Bitcoin Pod Bitcoin pumping in in the green New all time highs in play right now. In today's show I'll be sharing the latest technical analysis as well as breaking news Fanny May and Freddie Mac to recognize crypto assets and mortgage risk assessments. Also, Bitcoin supply on the exchanges has fallen to a new all time low. Let's go. Also Kagat Stan President renews his pledge to create new Crypto city where everyone accepts btc. The global mainstream adoption is a coming that's right and quoting the High priest Bitcoin Max Kaiser, Trump is stalling on the U S Strategic Bitcoin reserve. Now the price is breaking out. Two weeks from now we could easily be at 150000 per coin. What's the problem Trump? You don't need Congress to go to war and you don't need Congress to start buying the bitcoin. We'll also be discussing Bitcoin ETFs log the biggest June inflows at 588 million extended their 11 day streak. My favorite number. Also Pompliano's crypto venture 386 million an additional Bitcoin. They now have a total of 4932 and hold more Bitcoin than GameStop. That's pretty damn bullish. We'll also be discussing chain link, a MasterCard partner to allow 3 billion card holders to start buying crypto as well as Norway deep sea mining firm plans 1.2 billion Bitcoin buy. Also breaking news the Bitcoin OG Adam Back says 100,000 is way too cheap and that bitcoin gets this cycle between 5, 100,000 and a million. I'll be breaking this down for you. And also we taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good bitty fam? Important update moving forward, I will no longer be streaming on YouTube or posting any of my content over on the YouTube platform. Instead I'll be streaming live daily exclusive on X and Rumble as this is first and foremost a video show. So if you want the full premium live stream experience with video, go ahead and visit my Rumble at bitcoin news alerts.net again that's bitcoin newsalerts.net if you're new to the Rumble, important to go ahead and follow us. We're the number one daily bitcoin pod hands down. We broadcast live each and every day on Rumble and X. The X account is BTC news alerts. Today is June 25, 2025. I'm your host JV. Bitcoin already hit a top on today at 1082. Very close. Within striking distance from recovering price discovery which is currently sitting at 112,000. Today is POT episode 2032. And give it up for the former chairman of the sec, your co host Nip Anator. And make sure to follow Bitcoin Nip over on the X. You I mean just saying. But anyways let's kick it off with our market watch. The markets have been a pumping which we love to see as you can see here. Bitcoin up another 2% on the day, currently above 1077 at the time of the live stream. Ether in the green. XRP in the green. The bulk of the market in the green. No Listerine please. And checking out coinmarketcap.com current crypto market cap back on the rise as well. Today we're 3.3 trillion. The all time high is 3.75 trillion. We're inching closer and closer. Bitcoin market cap has been soaring which I love to see. 2.14 trillion. We got 110 billion worth of volume past 24 hours. Bitcoin dominance soaring 64.9%. Ether dominance falling apart at 8.9%. Sorry. ETH Vitalic, what are you doing over there? And checking out top 100 crypto gainers past 24 hours. We got PIL in the back up 16% followed by SIP and Nonome Scissor. Maple Finance up 10% followed by Dexi up 10%. Which alts if any are you bullish? On for the bull holla and checking out the crypto bubbles we'll get a visual perspective on the day. Bulk of the market definitely in the red I dare say 8020 red over green. Zooming out for the week for the broader perspective I would give it a maybe a 7030 red over green and zooming out for the monthly unfortunately about 9010 red over green rec city across the board for the alts and for the yearly I'd say 25% in the green but the majority of the market definitely wrecked and in the red and checking out the crypto greed and fear index today we're 66 greed, yesterday 65 last week a 52 and last month of 73 in greed and checking out the infamous time chain calendar today we're on block number 902,676. We have 147324 blocks into the having of 2028 and you can only receive 929 sets per fiat monopoly dollar. So stack the sats, put down the gats and pick up some bitcoin caps from a man Sergio over@bitcoin caps.net but anyways next story of the day, a little astrology for the baddies. I dare say at G ignorance is.
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JV
Headline this is a brand new article which was just published right before I went live, so it should be good. Bitcoin Bulls gain the edge target 110 I dare say 111 111.11 ahead of the 20 billion monthly options expiry. That's right. Bitcoin traders are closely watching the 20 billion monthly options expiry set for June 27th. So we got two days. That's this Friday family. And although Bitcoin is down 2%, I should say just under 2% for last. What is that 30 days? Traders who use options to hedge against downside risks were already bracing for a steeper decline. The recent price recovery may give the bulls a key opportunity to Solidify support at 105. And it looks like we have done just that. It looks very strong in my humble opinion. And Max is saying he wouldn't be surprised if we hit150,000 within the next couple of weeks and I'll show you the proof of work there here shortly. But anyways Some market observers attribute Bitcoin strength to a more dovish tone from the U S Fed Chairman J. Trump was tearing apart. That was kind of hilarious. In his semi annual testimony Tuesday before the House of Committee on Financial Services, J. Pal said many paths are possible regarding the interest rates, including cutting sooner if inflation remains subdued. Other Fed officials, including Governors Michelle Bowman and Chris Waller have indicated they expect rate cuts as early as Fed's July policy meeting, citing recent data suggesting inflationary pressures are under control. According to the Yahoo Finance Meanwhile, the S P5 Honda Index has climbed to the highest level in over four months. Meanwhile, the bitcoin bulls view these stock market gains as an early signal that investors currently in short term government bonds may soon pivot towards riskier assets in search of the higher returns. I dare say like Max just shared the other day, Bitcoin's a risk off asset. You want something risk on. Stick with the dollar and stick with the bond apocalypse and I wish you the best. Therefore, even if the central banks refrain from expanding the monetary base in the near term, declining Y fixed income instruments could still fuel Bitcoin's upwards momentum as the options expiry approaches. The most effective bearish scenario would require heightened uncertainty stemming from a drop of the hash rate or geopolitical instability. You know, more war such as rising tensions in the Middle east for real and below are five probable scenarios on the current trends. Obviously that's why we call it astrology for the baddies and for the brosis because nobody knows. I say we just stick with the Nipinator indicator, the only bitcoin indicator with 100100 accuracy. But before I dive into the live charts, some more big headlines. Fannie Mae, Freddie Mac to recognize crypto assets and mortgage risk assessments. The decision was announced Wednesday by the FHFA director who said the directive aligns with President Trump's crypto agenda. This is massive. Also in other breaking news, the bitcoin supply and the exchanges has fallen to a new low. Can you say supply shock? Bullish? New all time highs in play I dare say especially according to the Nipinator indicator. Also big news. Kazakhstan president renews a pledge to create new crypto city where everyone accepts Bitcoin global mainstream adoption. It's a coming and this was my favorite Max Kaiser post of the day thus far. He says Trump is stalling on U S Strategic Bitcoin reserve and now the price is breaking out two weeks from now we could easily be at150,000 per biddy. What's the problem, Trump? You don't need Congress to go to war and you don't need Congress to start. Damn bitcoin. All hail the high priest Max Kaiser. And also, let's pull up somebody's live chart. We'll do a little live chart action. Jackson, Satisfaction, Bo Jackson, Tony Braxton, Joe Jackson, of course. And you should be able to see here pulling up on your screen right here. And we're going to start with the lower time frame and work our way backwards. You can see bitcoin breaking out right now live and in the flesh. Uh, we're hovering at around 10:78 at the time of the live stream. This is the one hour chart. Very bullish. We've been pumping all morning. Yesterday was a massive day in the market as well. I mean three days ago due to the Middle east tension, we were all the way down to 98 and here we are at 108 God Candle. Right back at you. And it's just another sign that we are in a bull right now. So with the bears say you heard. And looking at the four hour, we do have the Barney purple target. I missed Barney the purple dinosaur. Where has he been hiding? I, I, I assume he is a bitcoiner. Of course. Bullish FL at 137, 490. That can happen within the next couple of weeks. You guys let me know your thoughts on that. And the four hour chart looking extra prolific today. Nothing but green candles printed since yesterday. Pretty much. And checking out the daily, the daily chart. Uh, three big green candles for the past three days. Uh, including for today. Bullish flag. Uh, for the purple Barney the dinosaur. We also have a purple Barney target sitting at.
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JV
LinkedIn knows how 147 even it's a bullish flag. Even McEven, even Stephen. You, you call it. You name it, you name it, you call it. And zooming out a little further and we'll take a look at a weekly and notice it's W e e K because there's nothing weak w e a K about this price chart. Look at a weekly rising wedgie, the only formation of a wedge or wedgie which is actually officially approved by your former chairman of the sec Nip. And we actually have the staircase, the heaven. We had the seven green consecutive candle closes on the weekly sitting at 124 target. Then we have been correcting, you know, this for the past week, but already a massive big green omega candle forming for the new week and it's only hump day. So we're midway through the week right now and zooming out a little further, taking a quick look at the monthly chart. The monthly chart. Also you can see for the month of April and May we had nice green candle closes and this month of June we've recovered all the losses and if things continue the way they are, we're going to get a nice green candle close three months in a row leading into July. Very bullish, but you guys let me know your thoughts. So yeah, headline here. Bitcoin ETFs log the biggest June inflows at 588 million extending the 11 day streak. That's right, US spot Bitcoin ETS recorded their largest single day inflow on Tuesday with 588 million. The surge extends the streak to 11. My favorite number and the greatest omen in the world is the God frequency the 1111 of net positive flows marking the longest run of consistent inflows all the way since December of 2024. And according to the data from the far side, the inflows were primarily driven by IBIT which pulled in 436 million. Not surprised by that as BlackRock's ETF. And you know, Trump is launching his own ETF as well for bitcoin. So yeah, Fidelity's FBTC followed in with 217 million of the new capital, while smaller contributions came from Bitwise and Van Eck. In contrast, grayscales GBTC saw continued outflow shedding 85 million over an 11 day stretch starting June 10th. Bitcoin ETFs added more than 2.2 billion of inflows, signaling growing institutional interest in the asset class. Despite the ongoing geopolitical tensions such as the conflict in the Middle east, there has been a ceasefire and markets have been, you know, obviously healthy and positive since that big announcement. So you already know I'm not going to spend too much time into that. But quoting chief Analyst here, bit by bit, Bitcoin is bolstering its position as a resilient refuge in a rapidly shifting geopolitical landscape. Good point. Beyond Bitcoin, Ether based ETF showed mixed performance uh, Vanex, uh, ETF posted 98 million of inflows and you have realized that the Ether dominance has been back in the decline. And even since Bitcoin started breaking out, since the tensions have cleared up in the Middle east, ether's like, still in the red. And Ether is half of what it was during the previous cycle. All time high. It's just something to consider, yo. It's been all downhill for Ether since they switched from proof of work to piece of. You know what I mean? Just saying. Now, CEO of no ones describe Bitcoin's recent bounce as a relief rally rather than a true breakout. Let me know if you agree or disagree with that. And despite the ceasefire between Israel and ir, Iran, traders remain cautious amid heavy macro week. Key upcoming events include Fed Chairman J Pal's congressional testimony and the PC inflation report. So that I believe again, this Friday is going to be a big day. And until clear signals emerge, Bitcoin is likely to consolidate between 100 and 106. Well, guess what? They're already wrong because we're already close to 108. So take that, bears and haters alike. But anyways, next story of the day, the latest from Mr. Pump. Leano the pump. Pump, pump it up. Max has given Pompliano employee of the month status before we even get into the headline. Let's start with the tweet here. It says, anthony Pompliano's pro cap Bitcoin buys an additional 1208 bitcoin. They now hold 4932 bitcoin. And then of course Pompliano had the flex on X. We now hold more Bitcoin than GameStop. The race is on to acquire as much Bitcoin as possible. And as you can see, obviously MicroStrategy has has the pole position by far with 592,000 Bitcoin Marathon number two. It's minor with 49,000. If we scroll all the way down to number 13. Not too shabby considering it. What has it been good. Like they just started two days ago and they already have more bitcoin than gme and GME is already raising more money to buy more bitcoin. So this is very interesting chart and what's his name Sailor projects. There's going to be over 8800 bitcoin treasury companies total before the end of the year. Currently there's only like 200 and change and these are the top 20. So can you say supply shock? Yeah, I mean this headline reads Pompliano's Crypto Venture Buys 386,000,000.
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JV
That'S right, crypto entrepreneur Pompliano as firm Pro Cap made its first bitcoin purchase days after revealing its plans to go public later in the year. The bitcoin financial services firm Procat Biddy said Tuesday it purchased 3724 Bitcoin for 38086 million. The investment is now worth just shy of 400 million at the current market price. And like I said, they just added more this morning of the firm purchased the asset at a time weighted average price of 103 already in the green. The buy follows Pro Caps announcement on Monday that it plans to go public via a merger with the blank check company Columbus Circle Capital to become Pro Cap Financial. There you go. We believe Bitcoin is the new hurdle rate. If you can't beat it it you have to buy it it said Pompliano. The firm plans to buy up to a billion dollars worth of Bitcoin for the balance sheet as part of the ongoing business strategy, joining the growing ranks of corporate Bitcoin treasury firms. You heard the merger with Columbus, not to be confused with Christopher Columbus who sailed the ocean blue allegedly as a freemason, a special purpose acquisition company. Spock has been orchestrated to take Pro Cap public and firms have raised more than 750 million for the deal, drawing 516 million in equity and 235 million in worth of convertible notes. Now a Spock is a shell company that is set to acquire or merge with an existing private company in order to take it public. So that's the core reason behind it. Pompliano's venture is the latest to join the ever increasing list of companies scooping up the pre little bitty for the corporate treasuries. If the firm went public today, the Bitcoin holdings would be the 14th largest amongst public companies holding Bitcoin, just behind medical tech firm Similar Scientific, according to the Bitbo data. And just this week Bitcoin treasury giant Strategy and Meta Planet both increased their holdings. Michael Sailor's company now is 592345 Bitcoin and Semler has 11111 the God frequency. And meanwhile, real estate mogul Grant Cardone. And if you didn't know, he's actually a. What is it called? Scientologist. For those that don't know if you're even familiar with that. I know it's a topic for another conversation, but I am from Clearwater, Florida, which is like the headquarters to Scientology. And you didn't know he's heavily involved in that. Whether that's good or bad, you decide for yourself. But they just made a purchase with a thousand bitcoin for their corporate Treasury. Mineral exploration company. Panther Metals also announced the bitcoin treasury strategy combining traditional mining assets with crypto and plans to buy 5.4 million worth. And then we're going to discuss deeper. Norwegian deep sea mining firm Green Minerals also announced plans to buy 1.2 billion. How much Bitcoin is actually even available? We have the lowest amount of bitcoin on the exchanges right motherfucking now. I mean, the numbers don't lie. Check the scoreboard. Bitcoin supply on the exchanges has fallen to a new low. And what did Urkel say in Family Matters? I fallen and I can't get up. So get your bitties up, Trump, while you still can, because these other countries are coming for you. They're coming for the juggler, if you know what I'm saying. We got Russia, we got China and the rest of them. So make your move before it's too late, is all I'm saying. But next story of the day, yo, where we leave off. MasterCard. 3 billion users. This was a big one. This was actually published yesterday and I didn't get to like, dive into it. So we'll dive into it today. Chain link. MasterCard partner. To allow 3 billion card holders to buy crypto. And that's probably why we had a big chain link pump. I noticed it like, was up 13, 15% the other day, probably off the back of this news. So let's dive. Excuse me. A little deeper. Chain Link. The company provides a centralized Oracle network and shout out to our. Oracle has partnered with payment provider MasterCard to. Damn it, I have the hiccups. To allow credit card companies, 3 billion card holders to buy crypto on chain. The integration could spur crypto adoption by providing a new avenue for people without Web3 exposure to gain experience with digital assets. The integration is made possible through a series of partnerships with Web3 entities, including Shift for payment. Almost sounds like Shift for brains. Peter Shift Meister, where you at? Swapper Finance, x swap and 0hash. The crypto disable coin infrastructure company that will provide the onchain service and liquidity, enabling customers to convert fiat currency into crypto. Quoting them here. The current version of the application available at Swapper Finance Finance is non custodial and leverages account abstraction to provide users with simplicity and control. It was important that this solution was built for everyone, not just for the crypto natives or the enthusiasts. Mastercard has embraced crypto in 2024 in this year, mostly through the issuance of cards that allow users to spend crypto at merchants in different countries. And in April it announced a partnership with Kraken to launch crypto debit cards across the UK and Europe. And it joined Metamask to debut a self custody crypto card. You guys know how I feel about Metamask. Not a F In February, the company said it had tokenized 30% of its 2024 transactions. MasterCard's main competitor Visa had also been active on the crypto front October 2024, partnering with Coinbase Savor every last drop.
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JV
Starbucks to allow somebody exchanges users to instantly withdraw and deposit crypto. And in addition it debuted a Web3 digital asset platform and invested in stablecoin payment platform BVNK. So buying crypto with fiat currency can be fraught with difficulties, especially for people unfamiliar with the tech. This friction can hinder the adoption of crypto with the progress of the industry, however, people want to connect with digital asset systems. According to the MasterCard executive vice vice President for the Blockchain Digital Asset Projects and Partnership. Quoting them here, there is no doubt about it. People want to be able to easily connect to the digital asset ecosystem and vice versa. And if you don't know now you know. But anyways, still got a lot to share. Next story of the day I dare say the latest with Norway and then we'll get into the million price prediction for this cycle followed by some live Q A. It's going to be lit too legit to quit very late. So yeah headline here. Norway deep sea mining firm plans 1.2 billion dollar Bitcoin buy. How many of these bitcoin treasury companies are purchasing billions of dollars worth of pretty little bitty? So many I lost count. Nori DC Mining firm Green Minerals says it plans to create the Bitcoin treasury aiming to raise 1.2 billion to buy and hold Bitcoin for the long term. Green Minerals said on Monday that the plan is a part of the wider blockchain strategy, aiming to diversify the company's investment from fiat currencies and support its future project plans. Green Minerals Executive Chair Stale what an interesting name. Stale said in a statement that bitcoin is an attractive alternative. You can say that again to traditional fiat and the hope is that adding it to the firm's balance sheet will help by mitigating the fiat risk with significant future capital expenditures. Plan for the production equipment the program offers a robust hedge against currency. The basement Green Minerals said that with the partners it plans to finance up to 1.2 billion with programs designed to increase the bitcoin treasury and it aims to buy the first bitcoin within the next few days. Game on. Green Minerals could add roughly 11,255 BTC for 1.2 billion, currently trading at now around 107. The company also said it would launch a key performance indicator. Maybe it's the NIP indicator with the new metric tracking the bitcoin value attributed to each share. The mining firm also flagged plans to adopt a blockchain technology stand at the forefront of the competition and any future regulatory requirement. Quoting him here, Green Minerals also sees the blockchain tech as an important role to play in the mining to ensure the supply chain transparency, mineral origin certification and operational efficiency. Shares of the Green Minerals closed at a 300 gain 3x baby on Monday with the announcement. I mean, hence you just adopt a bitcoin treasury strategy. Your stock goes through the roof. Great example. Micro strategy and a meta planet. Their stocks have gone, you know, parabolic. Some companies have seen their stock prices surge. Exactly what I'm trying to say. After you announce the bitcoin buying plan. Hence why Sailor says over 800 companies before the end of the year will be treasury companies for the bitty because it just makes too much sense not to. In May, the shares in the Indonesian fintech firm Digi Asia Corp. Nearly doubled, rising 91% after the company saw it was raising 100 million and seating its first buy of many buys. Not all have experienced a spike. A Norwegian crypto brokerage firm K33 also an announced its May intent to buy and hold bitcoin, but the share price fell flat. Oh my God, 2%. What are we gonna do? Obviously I'm exaggerating, but there you have it. Yo, there's the latest with the bitcoin treasury adoption all across the world. All right fam. Now for our feature story of the day Adam Back was recently interviewed and he said a hundred thousand dollars per bitcoin is just way too cheap. Bitcoin will get to between 500,000 and $1 million per coin during this cycle. So let's break down the latest from the Bitcoin OG himself, creator of Hash Cash as well as the Block Stream CEO. This was the recent interview as a two minute clip I saw it was reposted on Max Kaiser's wall earlier. I reposted it, I checked it out and it definitely got my attention. And I pulled up this article here in which we will read here's how bitcoin gets to $1 million per coin. That's right. Now once the idea of price for bitcoin hitting a million sounded like moon talk for the moon. But boys. But this notion seems to be changing from fringe speculation into the mainstream sensation investment thesis championed by some of crypto's most influential figures. Samson Ma, JV Nip Indicator, Adam Back, Max Kaiser you already know. Fueled by the growing institutional adoption and bull long term forecast, the pathway to this price target hinges on a seemingly simple simple yet monumental shift. Wall street allocating a significant slice of its vast wealth to the number one digital asset there is no second best. At the recent Bitcoin 2025 event, Strategy Executive Chairman Mr. Mikey Saylor.
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JV
Shared the following When Wall street is 10% Bitcoin, Bitcoin will be $1 million per coin. Let me know if you agree disagree with the Giga chat. Also he was the keynote speaker here a few days ago Prague event and he raised his 13 million bitcoin price prediction and now 21 million by the year 2046 which means in the next 21 years with an average return annualized return of 21% per year 2121. So according to him, this level of allocation would equate to as much as $20 trillion flowing into the bitcoin markets. Let me know if you agree with that. And also making a hostile takeover economically impossible possible as aggressive buying would only empower the existing holders. Damn straight out all my diamond hands, the Bitcoin maxi Isn't alone in the mega bullish outlook. Blockstream CEO Adam Back believes baby got back. No Bitty got back. There's one thing I can't deny the pre little bitty wow. Bitcoin could achieve a 1 million target before the Wall street accumulates to 10% and I agree with that. He suggested Even a widespread 2% allocation across major asset managers like Black Rock would be enough to push Bitcoin to a million per coin to a near 10x. Agreed. Maybe by the time Wall street is allocating, you know, 10%, we could be at 10 million. That's all I'm saying. Maybe 5 million. Time will tell now it is not the first time Sailor predicted Bitcoin price hitting seven figures. In September 2024 interview in CNBC he forecasted the Bitcoin long term price soaring to 13 million. He called it perfect money and kind of contrast to Fiat which he labeled pseudoscience 100 with him on that. And like I said just a few days ago at the Prague conference as a keynote speaker which we covered in great detail on the pod, he's now projecting we hit 21 million per coin. Other prominent voices such as former Finance CEO CZ has echoed similar sentiment. The crypto entrepreneur previously projected Bitcoin end up somewhere between 500000 and 2 million this last heigl shout out cz maybe one of the wealthiest in all of crypto. I know his wealth at one time was like 60 billion. I can only imagine now that Bitcoin's at a near all time high. Also from my understanding the wealthiest person to ever go to jail. As you know, he served several months in jail as a result of whatever charges he got pushed against him against the the doj. And then he had to step down as the, you know, the CEO and all that. And yeah, he had to pay like a 4, 4.3 billion dollar fine or I should say his company now also we have Kathy Woods, ARC Invest, another entity sharing the optimism. In April she revised her base target for Bitcoin to 1.2 million. Originally it was like 400,000. So they're just becoming more and more bullish as time goes on. With a bullish estimate of 2.4 million for the bull scenario, ARC attributed the potential surge to institutional adoption, especially the spot ETFs as well as Bitcoin growing as a decentralized program store value. If the company estimation all bets would be off if Bitcoin manages to capture just at least 6 1/2% of the projected 200 trillion global investable asset market total addressable markets like 900 trillion. This would dwarf gold's current share by roughly 4%. A comparison backed by the data the bitcoin enthusiast and early stage angel investor Freddy Krueger Nightmare on Elm street showed more Americans now own Bitcoin. Almost 50 million Americans. Thank you Gold only 36 million with significantly higher average holdings. We also have the stock to flow. We can't forget about which projects bitcoin being between a half a million and a million per coin between now and the next having date which is in 2028. So there's a lot of bullishness in the market. Adam back, he's an og. I greatly respect obviously his perspective. Samson ma we covered yesterday, you know, very bullish as well projecting omega candles yields 10 of them per year over the course of the next 21 years as per Michael Saylor's prediction a 21 million dollar coin. We got the stock to flow. Predicting half a million to a million. Here you got JV bull scenario 1.1 million. You know base case 420 for the Broskis nipinator indicator. We've got Max kaiser Bull scenario 2.2 million. And now people, I got him back. As I watch the interview he thinks things have changed because this was the first cycle where we hit the new all time high prior to the having. So this can be a. What's the proper term? An extended cycle where we just continuously go up versus returning to a bear market for two years and having a wild 50 to 80% correction. Yeah, I mean so hypothetical this year let's just throw out a random number. Say we hit 250. Then instead of having a massive correction next year and being considered the bear we just continue next leg up next year and then next leg up the following year we just continue to go up forever. Laura, let me know your thoughts on that theory and happy 420. We got 420 people on the X feed and again we're streaming live on the rumble. So welcome everyone tuned in here today. Prelo bitty doing its thing. Up 19 Honda. Oh on the day baby baby. That's very exciting. And don't forget to check out bitcoin news alerts.net for the full premium experience with video and to participate in the live stream along with the Q A. And I look forward to seeing you on tomorrow's episode. Hle.
Podcast Summary: Bitcoin News Alerts | Daily BTC News
Episode 2032: “Here’s How Bitcoin Gets to $500K - $1M During THIS Cycle”
Host: Justin Verrengia (JV)
Guest: Adam Back
Release Date: June 25, 2025
In Episode 2032 of Bitcoin News Alerts | Daily BTC News, host Justin Verrengia, known as JV, delivers a comprehensive analysis of the current Bitcoin market dynamics. The episode kicks off with an enthusiastic update on Bitcoin's recent performance, highlighting its upward trajectory toward new all-time highs.
Bitcoin Performance:
"Bitcoin already hit a top on today at 1082. Very close within striking distance from recovering price discovery which is currently sitting at 112,000." (00:56)
Market Sentiment:
The overall cryptocurrency market is experiencing a bullish phase, with Bitcoin dominance soaring to 64.9%, while Ethereum's dominance is declining at 8.9%.
JV emphasizes a significant drop in Bitcoin’s supply on exchanges, marking a new all-time low. This reduction in available supply is interpreted as a bullish indicator, suggesting increased holder confidence and decreased selling pressure.
A groundbreaking development was announced where Fannie Mae and Freddie Mac will recognize crypto assets in mortgage risk assessments. This move signifies a substantial step toward mainstream financial integration of cryptocurrencies.
The podcast delves into the surging inflows into Bitcoin ETFs, with June witnessing the largest single-day inflow of $588 million, extending an 11-day streak of consistent investments. Major players like BlackRock’s IBIT and Fidelity’s FBTC are leading the charge, indicating robust institutional interest in Bitcoin.
Notable Quote:
"Bitcoin ETFs log the biggest June inflows at 588 million extending the 11 day streak." (11:55)
Institutional Sentiment:
"Bit by bit, Bitcoin is bolstering its position as a resilient refuge in a rapidly shifting geopolitical landscape." (11:55)
Kazakhstan's president has renewed his commitment to establishing a new crypto-friendly city where Bitcoin is widely accepted. This initiative underscores the global push towards cryptocurrency adoption and the creation of crypto-centric economic hubs.
JV presents a range of bullish price predictions for Bitcoin, drawing insights from influential figures in the crypto space, including Adam Back and Michael Saylor.
Projected Prices:
Adam Back forecasts Bitcoin could reach between $500K and $1M during the current cycle.
Michael Saylor envisions Bitcoin hitting $20 million by 2046 with an average annualized return of 21%.
Quote from Adam Back:
"A hundred thousand dollars per bitcoin is just way too cheap. Bitcoin will get to between 500,000 and $1 million per coin during this cycle." (17:27)
The episode highlights significant investments from prominent crypto entrepreneurs and firms. Anthony Pompliano's Pro Cap has purchased an additional 1,208 Bitcoin, bringing their total holdings to 4,932 Bitcoin, surpassing companies like GameStop.
MasterCard has partnered with Chainlink to enable 3 billion cardholders to purchase cryptocurrencies seamlessly. This collaboration aims to lower the barriers to crypto adoption by integrating digital asset purchases into traditional payment infrastructures.
A significant portion of the episode is dedicated to insights from Adam Back, the CEO of Blockstream and creator of Hashcash. Back elaborates on his optimistic outlook for Bitcoin's future, arguing that current price levels are undervalued given Bitcoin's potential.
Price Projection:
Back asserts that Bitcoin could reach $1 million per coin once institutional allocations reach 10% of Wall Street's portfolio.
Institutional Adoption:
He highlights that even a modest 2% allocation by major asset managers like BlackRock could propel Bitcoin to a near 10x increase in value.
Comparative Analysis:
Back and other industry leaders compare Bitcoin’s potential to traditional assets, emphasizing its utility as a decentralized store of value.
JV wraps up the episode by reinforcing the bullish sentiments surrounding Bitcoin. He underscores the collective optimism from key industry players and anticipates continued upward momentum as institutional investments and mainstream adoption efforts gain traction.
Final Thoughts:
"There's a lot of bullishness in the market. Adam Back, he's an OG. I greatly respect his perspective." (28:09)
Call to Action:
Listeners are encouraged to join the live streams on Rumble and X for daily updates and participate in upcoming live Q&A sessions.
Episode 2032 of Bitcoin News Alerts | Daily BTC News presents a highly optimistic outlook for Bitcoin’s future, supported by significant institutional investments, decreasing supply on exchanges, and strategic partnerships enhancing mainstream adoption. Insights from industry leaders like Adam Back reinforce the belief that Bitcoin is poised for substantial growth, potentially reaching and surpassing the $1 million mark in the current cycle.
For those looking to stay informed, JV encourages tuning into live streams on Rumble and X, where daily updates and in-depth discussions continue to shape the understanding of Bitcoin’s evolving landscape.
Note: Timestamps provided in brackets refer to the approximate location within the transcript where the quotes were mentioned.