
US President Donald Trump claims that the US has created a powerful crypto industry and praised Bitcoin for taking pressure off the dollar.
Loading summary
Sponsor Voice
I think you're on mute. Workday starting to sound the same. I think you're on mute. Find something that sounds better for your career on LinkedIn. With LinkedIn job collections, you can browse curated collections by relevant industries and benefits like Flexpto or Hybrid Workplaces so you can find the right job for you. Get started@LinkedIn.com jobs finding where you fit. LinkedIn knows how to this episode is brought to you by Yeti. From backyard barbecues to long days on the lake to those spur of the moment weekend getaways, Yeti has the hardest working gear built to tackle everything under the sun. So whatever you get into, there's a tougher than nails Yeti cooler designed to keep you and your crew out there longer this summer. Find the cooler that's right for you@yeti.com coolers or yeti store today.
JV
Welcome Bitty Fam to the number one Bitcoin pod. In today's show. We're sharing the latest technical analysis as well as Bitcoin long term huddlers stack 800000 Bitcoin per month in record huddle run. That's right. Also the genius group eyes massive Bitcoin buys from a billion dollar lawsuit. Actually multiple multi billion dollar lawsuits. We'll also be discussing Bitcoin Treasury Corporation or Relist on the Toronto exchange buying an additional 292 of the BTC. Also backed holdings files $1 billion shelf offering that can fuel additional Bitcoin buys. Also the UAE company just invested 100 million in Trump family backed crypto business. Also quoting Trump here this morning. Bitcoin is amazing and a great thing for the country. Translated by Max Kaiser Bitcoin removes demand pressure from the US Dollar. Also be discussing the latest at this conference in which was held discussing everything related to crypto for the United States and especially the AP Apex Predator Bitcoin. 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 Bitty Fam? Important update moving forward I will no longer be streaming on YouTube or posting any of my content on 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 News Alerts. Net. If you are new to the Rumble very important, go ahead and subscribe. We are the number one daily bitcoin pod and we stream live on the rumble and X each and every day. The new X account to find the stream as BTC news alerts and today's pod is episode 2034. I'm your host JV is June 27th, 2025. Happy Friday TGIF. Let's kick it off with our market watch as we do each and every day. Bitcoin here pull back just a little bit but maintaining 1072 still very bullish. Ether XRP in the red as the bulk of the market is currently correcting. Uh checking out coinmarketcap.com uh the current crypto market cap is 3.27 trillion. All time high is that 3.75 trillion. We're inching closer and closer. Bitcoin market cap 2.13 trillion 98 billion worth of volume past 24 hours. Silver lining here. Bitcoin dominance just reached a new height here more recently at 65% as the ether dominance has been a constant Decline currently at 8.9%. How high will that bitcoin dominance likely climb? You guys let me know. Meanwhile the pudgy penguins are leading the pack up 13 and a half percent on the day followed by say up 11% followed by quant up a modest 4% and let me know which all relative any you are currently bullish on for the bull and checking out the crypto bubbles. Visual perspective on the day actually safe to say the bulk of the market as long actually just correct I was going to say like I felt hesitant to say it but it just updated. The bulk of the market is actually in the red so there you have it. And zooming out for the weekly definitely the bulk of the market in the red Zooming out for the monthly rec city across the board. Unfortunately for the alts as the bitcoin dominance continues to increase which is the silver lining for the bitcoiner where yeah diamond hands make some noise and actually let's check out the year. I would say it's a mixed bag. Definitely the majority in the red and super wreck but there are a handful of super gainers so they are out there like XMR which is Moneros up 87. XRP is up 348XLM's up 161SPX. I don't know how, I don't even know what it is but it's up 8,000% and Soros never heard of it up over 8,000%. And checking out the crypto green and fear index today we're 65 greed yesterday 74 last week at 54 and last month of 71 in green and checking out the infamous time chain calendar. We're on block height 900-2972 147-08-08 blocks into the next having and you can currently exchange one fiat monopoly dollar for 934 sats. So you know what to do. You pick up the stats, put down the gats and pick up some bitcoin chaps from a man Sergio Arabia coincaps.net But anyways, let's kick it off next with a little TA aka astrology for the baddies. We'll pull up some of the live charts but the headline here Bitcoin long term huddlers stack 800000 BTC per month in a record Hodl run Where my Hodler's at with the diamond hands? Make some noise. Bitcoin Long Term huddler entities holding coins for at least six months without selling have doubled the down on their commitment despite Bitcoin hitting new all time highs this year. Analyzing the long term Hodler supply chain crypto Quant said that on a rolling.
Sponsor Voice
30 day basis at GMC, ignorance is the furthest thing from bliss. Bliss is research, testing, testing the testing until it results in not just one truck but a whole lineup. The 2025 GMC Sierra lineup featuring the Sierra 1500, Heavy Duty and EV. Because true bliss is removing every shadow from every doubt, we are professional grade. Visit gmc.com to learn more.
JV
The supply had increased by a net 800,000 of the BTC. A new record. This week brings a key signal from the long term huddlers that shouldn't be overlooked. And over Bitcoin's history, the 30 day long term huddler supply increases have only passed the 750,000 BTC mark six times. The two most recent occasions, July of 2021 and September of 2024, each preceded a bitcoin price spike. This makes it a powerful signal that should absolutely be factored into any strategy. So it's a great bullish sign right here as they are doubling down the long term hudders who are the smart money? Ultimately the whales. The Post added that the new coins now entering the long term huddler category have a purchase price between 95 and 107,000. Reinforcing that range is a a potential support zone. Now the opposite end of the bitcoin investor spectrum is the short term huddlers also playing an important role. The pool markets currently short term huddlers corresponding to spec speculators holding coins for six months or less have their aggregate cost basis at just below 100,000. That level often acts as support during the bull market corrections which this week's retracement to 98 being no different and analyze and support composition. This week onchain analytics firm Glass Node warn the area between 98 and 93 was crucial. Quoting the week on chain as long as the price holds above this range, the bull market structure remains intact. However, a breakdown below could trigger a deeper correction especially if the holders with the cost basis in the zone begin to capitulate and add to the cell pressure. And there you have it. Yeah. And let's now pull up some of the live charts and see how we looking on the screen here. Give me one sec to do that. You should be able to see on your screen via TradingView via Coinbase, the largest exchange here in the United hour chart. There's a lot of targets actually on the screen right here. A lot of action rising wedgie. We do have the orange target Bitcoin orange sitting at 109 which would take us just shy of price discovery. We're currently above 107 so we're still what is that a half a God candle away from a new all time high. Let's make it happen. C When do you think we'll get that next leg up and surpass the current 112top achieved May 22nd. Let me know as it's now been over 30 days since we've been there. And checking out the 4 hour. You can see there's the the purple target here on screen at 137. Bullish flag sensation. Obviously that would take us to price discovery. Things get very exciting anytime we enter price discovery and that typically only happens during the bull season like right now. This is the year preceding the having typically the most bullish year, the four year having cycle. And zooming out a little further, taking a look at a daily check out how many green consecutive candles we got. 1, 2, 3. And it's hard to see because they're kind of minuscule the one where we're at. But it looks like the past four days we have been pumping which is a nice sign. So we hit out bottoming out at 98 maybe three, four days ago. And then bullish, bullish, bullish, bullish. And slowly but surely we're continuing to climb towards that 112 all time high. Al. Also a bullish flag set up here on the daily sitting at just shy of 147,000 dol. Let let's see if we achieve that this summer. You guys let me know your thoughts and checking out the weekly as we do get a new weekly close on Sunday. You can see cup and Handle Target followed by the rising Wedgie 124,000 target which has been in play here on the weekly chart for almost a year. And you can see we had seven green consecutive weekly candle closes followed by a few corrective weekly closes and already forming a nice massive green candle again after bottoming out at 98 30,000. And let's take one more glimpse here. The one month chart one month also bullish April and May we did close in the green and for the month of June we only got three days left. It looks like we will close in the green again continuing the bullish momentum throughout the summer. Let me know your thoughts on where the price action will likely take us next Headline Genius Group Eyes Massive Bitcoin Buys from Billion Dollar Lawsuits that's right. AI driven edtech firm Genius Group plans to distribute potential winnings from the billion dollar lawsuits to shareholders and use a portion to expand the bitcoin treasury. In a Thursday press release, the board of Directors of the Genius Group approved the distribution plan for repurposing any wins from two lawsuits that see combined damages of more than a billion dollars. One lawsuit had been filed under the Racketeer Influence and Corrupt Organizations act, which stands for RICO, which seeks damages of over 750 million against the LZGI International. The second is yet to be filed, according to the Genius Group CEO Roger Hamilton. Hamilton said the company expects to claim at least 262 million based on 2023 data, with updated figures likely to increase that amount to account for damages in 2024 and 2025. Hamilton said the lawsuits aim to recover damages cost to the shareholders by the defendants. The board believes that 100% of the proceeds from any successful outcome of these cases should be directly distributed or reinvested for the benefit.
Sponsor Voice
Savor every last drop of summer with Starbucks. From bold refreshers to rich cold brews, the sunniest season only gets better with the handcrafted ice beverage in your hand. Available for a limited time. Your summer favorites are ready at Starbucks.
JV
Of the shareholders and I guess they're alleging they want to get 5, 000 worth of the BTC. Let's get it now. According to Hamilton, 50 of the winnings will be distributed among shareholders as a special dividend, while the other half will be redirected to the company's bitcoin treasury. If the Company wins both legal battles. Shareholders will receive a dividend of 7 bucks per share and Genius will buy and add 5,000 BTC to their treasury at the current market prices of 107,000per BTC. And again sailors projecting there's going to be over 800 Bitcoin treasury firms before the end of the year. Right now there's only just above 200. So this is like the new craze. And a lot of the top ogs like Adam Back are saying don't anticipate a traditional altcoin season. The new alt season of these bitcoin treasury companies exploding and being birth, which we're witnessing left and right. Just like Anthony Pompano just launched his own. Within two days, they surpass the bitcoin holdings of GME which we covered in the previous pot. Now future court winnings will also be subject to the distribution plan. Interesting. These lawyers figured out we can just get bitcoin from suing everybody and then we'll just add to our bitcoin treasury. Interesting. On the 17th, the genius group expanded its corporate bitcoin treasury by more than 50%. After making a series of bitcoin acquisitions, the company aims to acquire 1000 BTC for its corporate treasury. The Genius group was temporarily banned from selling shares, raising funds and using investor funds to buy bitcoin, which was lifted after a month. I wonder why they got banned then. But nonetheless, there you have it. And like I said, these bitcoin treasury firms are being birthed left and right. And this is the new craze. At least for this season, we didn't have any of this. You got to keep in mind, fam, that the previous bitcoin four year cycles were always driven by the retail nipinators licking the gonads. That might be the indicator we've been waiting on. He's like, damn it, you caught me in the ax. He freezes up there, he gets embarrassed. We caution nipinator, there's only 10, 000 people watching you live right now. Lots of by the way. And he's frozen. But next story of the day, let's continue with where we left off, shall we? Regarding the treasuries. We did the Genius group, right? Yeah, yeah, yep. Bitcoin Treasury Corporation or relist on the Toronto exchange, buying 292 of the BTC. Why so bearish? Canadian Bitcoin lending company BTCT. They'll officially resume trading on the Toronto Stock Exchange. Good. The company announced Thursday that its common shares would be freely traded on the exchange from Monday under the ticker BTCT. With over 10 million shares issued and outstanding, the company had already sold more than 10 million BTCT shares. The trading resumption follows a brokered offering raising 125 million Canadian dollars in gross proceeds. BTCT issued 426650 shares at 10 Canadian dollars each, with the financing supported by a concurrent capital raise. The shares are subject to the holding period of four months and one day under the Canadian security laws. A portion of the proceeds from the raise was also used to buy Bitcoin and according to the company, it purchased 292 Bitcoin at a total cost of 31 million. Like I said, why so bearish? This marks the company's first major Bitcoin purchase. After launching the Bitcoin Accumulation, an institutional lending strategy, the company wants to use its Bitcoin reserves to offer liquidity solutions to the clients. The company said it plans to publish its initial Bitcoin per share figure after the acquisition phase of concludes, aiming to give investors a clearer view of the underlying asset value per share. Bitcoin Treasury Corporation strategies reflect a growing trend amongst crypto companies to treat Bitcoin as a speculative asset and a tool for liquidity, lending and capital efficiency and Long term huddlers stack 800,000 BTC which we already touched upon referring to the long term hudders, which is a smart money AKA the whales and I dare say follow the whales. They actually understand what's going on and if they're stacking, there's a reason for that. It's a very advantageous time to stack in the four year cycle. Trump being at the White House changed the game. If the drunk Kamala won only by cheating, we'd be living in a different world. Must pass laws for the future Good part brother. Next story of the day, I dare say next headline with backed Billion dollar raise. It seems a shelf offering that can fuel more Bitcoin buys. Let's break her down, shall we? Crypto software firm Backed holdings looking to raise up to a billion through various types of security offerings which could be used to fund Bitcoin purchases of the company. A subsidiary of the Intercontinental Exchange, which owns the New York Stock Exchange, filed a Form S3 with US SEC on Thursday, revealing its intention to offer common stock and securities. The firm said it could issue up to a billion dollars of any combination of a Class A common stock, a preferred stock, debt, securities, warrants or combinations of these assets.
Sponsor Voice
This episode is brought to you by State Farm Knowing you could be saving money for the things you really want is a feeling. Talk to a State Farm agent today to learn how you can choose to bundle and save with the 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 word, the filing stated.
JV
Bakkt updated its investment policy earlier in the month to enable us to allocate capital into Bitcoin and other digital assets as part of the broader treasury and corporate strategy, but it has yet to to make the first purchase. We may acquire Bitcoin or other digital assets using excess cash, proceeds from future equity or debt financings or other capital sources, according to the filing. The so called shelf registration allows back to quickly access capital markets when conditions are favorable, which is particularly important when given the history of losses and ongoing issues. Now backed, founded in 2018, admitted in its filing it had a limited operating history and history of operating loss losses. The filing also contained a very specific warning about future operations and that it had identified conditions and events that raised substantial doubt about our ability to continue as a going concern. The firm confirmed the timing and magnitude of any crypto purchases will depend upon the market conditions, capital market receptivity, business performance and other strategic considerations. The NYSE listed back saw the share price rise 3% on Thursday, reaching 13.33, according to Google Finance. However, the stock is now down 46 since the start of the year. Back shares tanked 30 in March after the company revealed that two of the largest clients, the bank of America and Weeble, were not renewing their commercial agreements. Interesting. The firm commented on X that the new slate of crypto IPO filings such as those from Circle, Etoro and Gemini, saying they are just the latest in a string of moves that suggest real momentum is building again in digital assets. These developments bring validation, visibility and maturity to the market. That's right. And there you have it. There's the latest from Backed another billion dollar giant about to make a massive Bitcoin purchase. But anyways, next story of the day we got two more to go and then we'll do some live Q and A, eh? This is regarding the uae, but I jumped the gun. Hold on Michael Saylor and Trump, we're not there yet. Here we go. Headline reads UAE company invest 100mil and Trump family Backed Crypto Business that's right. World Liberty Financial, the crypto company backed by the U S President Trump and his family have reported that the United Arab Emirates based company purchased $100 million worth of the platform's governance token WLFI. In a Thursday notice, World Liberty and Aqua One foundation, self described as a Web3 native fund, said the 100 million deal was intended to help accelerate the creation of a blockchain powered financial ecosystem centered on the blockchain development, Real World assets tokenization, stablecoin integration aiming to set a new benchmark for the global capital efficiency and if that's not a mouthful, I don't know what is. The purchase makes Aqua One a bigger WLFI Holden, a token holder for the Tron founder Justin Son interesting, who invested 30 million in the project in November. WLFI and Aqua One will definitely identify and nurture the high potential blockchain projects together, said Aqua One founding partner Dave Lee. Not to be confused with Bruce Lee, no relation whatsoever. WLFI, USD1 ecosystem and the Real World Asset Pipeline embody the trillion dollar structural pivot opportunity we see seek to catalyze where architects merge traditional capital markets with decentralized primitives to define global financial info structure. And if you don't know, you can never be too sure. World Liberty is already under scrutiny from U S lawmakers due to the Trump family connections with a firm. Trump's three sons are named as co founders of the company and in June the president disclosed 57 million of income tied to WLFI along with the person personal holdings of 15 billion of governance tokens. The Trump family's business had already been facing criticism after Eric Trump announced in May at the Abu Dhabi investment company he would use the platforms USD1, which is their stable coin, to settle a 2 billion dollar investment in finance. The move came as Congress weighs bills to regulate the payment stable coins, prompting concerns from Democratic lawmakers that the President was back in legislation that can benefit his his family's business ties. Oh no, how dare he earn a profit. Unacceptable, they say. And as the Senate Appropriations Committee hearings on Wednesday, US Attorney General Pam Bondi sidestepped the question from Oregon senator over the President's connection to War Liberty Financial, quoting her here I think it's important for the leader of the Justice Department of the United States to be very concerned about foreign influence. I said Merkley and I encourage you Bondi, to take the topic and not consider it an offense that those of us who are concerned here, the Democrats and Republicans, want Americans to make American decisions, not foreign influence being bought through crypto coins. Now, several U S lawmakers have suggested different legislative paths for Congress to address potential conflicts of interest within the crypto industry. Proposals included amendments to the guiding and establishing national innovation for the US Stable coins which is a genius act.
Sponsor Voice
Yep the beauty drunk drawer full of those used once. Why did I buy this?
JV
That was a waste. Products stop adding to it.
Sponsor Voice
Shop at Sephora and break the cycle.
JV
Sephora only carries the hot high quality products you'll never regret buying.
Sponsor Voice
And brands you can only find at Sephora like Kayali makeup by Mario Kerastase and Mbeauty.
JV
Shop the hottest beauty with no regrets only at Sephora and separate legislation to prevent the president for future leaders from investing in digital assets while Trump is in office. And if you don't know now you know. But what are your thoughts on all of that? Do let me know now for our feature story of the day. Our POTUS President Trump did a press conference this morning and said Bitcoin is amazing and it's a great thing for our country. He couldn't be more bullish on the btc. In fact, Michael Saylor actually shared a clip of the interview. It was a minute 25 seconds. Let me know if you guys saw it and shout out to the Gigachad. Also, Max Kaiser translated this Bitcoin removes demand pressure from the US Dollar because Trump's exact word says Bitcoin takes a lot of pressure off the dollar and it is a great thing for our country. So again Max says Bitcoin moves or removes the demand pressure from the US Dollar. And Max also tweeted here some perspective on Trump's comments on crypto. Today Trump is moving from stage one to stage two of the five stages of Bitcoin awareness. Hopefully the US Catches up to El Salvador already on stage four. Here are the five stages. Number one, just heard about bitcoin. Here's how you can improve it. Number two, love bitcoin but buy my coin Trump coin. Number three, Bitcoin equals a medium of exchange. Number four, Bitcoin equals a store of value. And number five, hyper bitcoinization. An example Bitcoin circular economy like Bitcoin beach in Berlin and El Salvador. And that was off the back of the news here. The BC letter wrote break. And President Trump says we have created a very powerful industry regarding crypto. He also says if we didn't have crypto, China would and that bitcoin takes pressure off the US Dollar. And Peter Schiff for brains chimed in. He says so now the creation of digital Ponzi schemes counts as an industry. Bitcoin doesn't take any pressure off the dollar. In theory it's supposed to put more pressure on the dollar. As people's trade dollars for the bitcoin. But the US wasting its resources on bitcoin hurts the dollar. I dare say someone tag I find retard finder. I mean you couldn't find a bigger than Peter Schiffer brands but I'm preaching to the choir. So yeah there was this article published regarding Trump's speech his press conference. I'm going to read this to you. Donald Trump highlights US progress towards crypto In a White House press conference U. S president stated they have created a very powerful industry in terms of crypto here in the United States. He further remarked that if they didn't have crypto China would indicating his country's dominance over its economic rival. The President also affirmed that crypto is a very big industry. Donald Trump also helped heaped praise on bitcoin describing the flagship crypto as amazing. He alluded to the jobs that the crypto it has created and how it has become a payment method while taking pressure off the dollar. He declared that Bitcoin's emergence is a great thing for the usa. Furthermore, the President touched on his role building the crypto industry of the US as the industry wasn't doing well under Biden's administration. I wonder why? Maybe because there was a war on crypto. Trump declared before now that he intends to make us the crypto capital of the world. And as part of the move the President already signed the executive order which you know to establish the strategic Bitcoin reserve. I believe that was back in January. Senator Lummis had already introduced the Bitcoin act to provide legislative backend to create the reserve. Under this proposed legislation the US could acquire up to a million bitcoin over a five year period and sailors proposing for Trump to go all in purchase 5 million Bitcoin for the USA. I mean why wouldn't you? Additionally, the US Congress introduced a Genius act for clarity unlike Gary Gensler providing no clarity to provide clarity for the crypto industry. Aligning with Trump Trump's vision, the Senate had already passed the Genius act which will regulate the stablecoin industry. The stablecoin bill is now at the U S House for deliberation. So there you have it. Yeah. Let me know your thoughts on the Trumpster. Peter Shift's stupid comments in regards to the Trumpster and do you agree that Bitcoin removes the demand pressure from the US dollar as Trump shared and Max Geiser let me know your thoughts and does it feel great or what to actually have a pro Bitcoin president for the United States government. I'll be quite honest, I never expected this day. People like Max Kaiser called it. He said all countries are going to be racing for their bitcoin because there's such a limited supply. And a lot of people were speculating countries are going to ban it. And then we're like, well, they can't ban it, so they're going to have to adopt it or get left behind. And here we are, the United States of America, pro Bitcoin President. It's an amazing thing. If you would have told me this seven, six years ago, I'd be like, oh hell no. There's just no way. Why would the US Government ever embrace the one thing that the Achilles heel that can destroy the central banking cartel single handedly?
Sponsor Voice
This episode is brought to you by Amazon Business. How can you free up your team from time consuming office tasks? Amazon Business empowers leaders to not only streamline purchasing, but better support their teams so they can focus on strategy and growth. Free up your teams and focus on your future. Learn more about the technology, insights and support available@Amazon business.com not gonna happen.
JV
But that's the beauty and the power of bitcoin. It's perfect money. It's created by God. Bitcoin is God hacking humanity. Bitcoin is God. Right? So look no further. Imagine if Satoshi was Chinese and the reason his syntax sounded English was because he's from Hong Kong and Bitcoin is a Chinese plot to take down the West. Take that Westerners and that would suck. Yeah. Yo. Crazy, crazy times we're living in. But anyways, welcome to the Q A segment of the live Stream family. And don't forget to check out bitcoinnewsalerts.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 Hoddle.
Sponsor Voice
Still listing your home address on business documents. With Stable, you get a permanent business address you can use for the irs, banks, vendors, everything. So you stay professional and keep your personal address private. Stable also digitizes all your mail accessible from a secure online dashboard, so you can manage it from anywhere. Sign up@usestable.com pod and get 50% off your first three months of a grower scale plan. That's usestable.com pod.
Bitcoin News Alerts | Daily BTC News Episode 2034: “Bitcoin Is AMAZING and a Great Thing For Our Country” - Trump Host: Justin Verrengia Release Date: June 27, 2025
In Episode 2034 of Bitcoin News Alerts | Daily BTC News, host Justin Verrengia delves into a comprehensive analysis of the current Bitcoin market, significant movements by long-term holders, and major corporate investments shaping the cryptocurrency landscape. A standout feature of this episode is the focus on President Trump's recent remarks endorsing Bitcoin, highlighting its potential impact on the U.S. economy.
JV opens the episode with a market overview, noting Bitcoin's slight pullback but maintaining a bullish stance at $10,720. He highlights the overall crypto market cap sitting at $3.27 trillion, nearing its all-time high of $3.75 trillion.
Bitcoin Dominance: Reached a new peak at 65%, while Ether's dominance has been declining, currently at 8.9%.
Altcoin Performance:
JV states, “[The] bulk of the market is currently correcting” (02:15).
A significant portion of the episode focuses on technical analysis and the behavior of long-term Bitcoin holders.
Record Stacking: Long-term hodlers are stacking 800,000 BTC per month, marking a new record. This surge indicates strong confidence among "diamond hands" investors.
Historical Context: JV mentions that similar increases in long-term hodling have preceded major Bitcoin price spikes, referencing past instances in July 2021 and September 2024 (06:26).
Support Levels: The aggregate cost basis for short-term hodlers is just below $100,000, acting as a support zone during market corrections. Maintaining Bitcoin above $93,000 is crucial to uphold the bull market structure, as per Glass Node's analysis (07:45).
Notable Quote:
“The supply had increased by a net 800,000 BTC. A new record.” — JV (06:26)
JV discusses how Genius Group, an AI-driven edtech firm, plans to allocate proceeds from multi-billion dollar lawsuits to expand its Bitcoin treasury.
Lawsuit Details:
Distribution Plan:
Notable Quote:
“If the Company wins both legal battles, shareholders will receive a dividend of $7 per share and Genius will buy and add 5,000 BTC to their treasury.” — JV (11:50)
The Bitcoin Treasury Corporation reinitiates trading on the Toronto Stock Exchange, purchasing an additional 292 BTC.
Notable Quote:
“Bitcoin Treasury Corporation strategies reflect a growing trend amongst crypto companies to treat Bitcoin as a speculative asset.” — JV (14:05)
Backed Holdings, a subsidiary of the Intercontinental Exchange, files a Form S3 to raise up to $1 billion through various securities.
Notable Quote:
“The shelf registration allows Backed to quickly access capital markets when conditions are favorable.” — JV (17:13)
World Liberty Financial, backed by President Trump and his family, secures a $100 million investment from a UAE-based company.
Notable Quote:
“Bitcoin removes demand pressure from the US Dollar.” — Max Kaiser, translated from Trump’s comments (21:05)
A significant highlight of the episode is President Trump's press conference where he lauds Bitcoin as "amazing" and beneficial for the United States.
Notable Quote:
“Bitcoin removes demand pressure from the US Dollar and is a great thing for our country.” — President Donald Trump (26:10)
JV touches upon ongoing legislative efforts to regulate the cryptocurrency industry.
Notable Quote:
“The Senate had already passed the Genius Act, which will regulate the stablecoin industry.” — JV (25:30)
JV wraps up the episode by emphasizing the transformative role of Bitcoin in the current economic landscape and invites listeners to engage with the podcast for more in-depth analyses and live discussions.
Final Thoughts:
“It's an amazing thing. If you would have told me this seven, six years ago, I'd be like, oh hell no. There's just no way the US Government would ever embrace the one thing that can single-handedly challenge the central banking system.” — JV (28:33)
Stay Connected: For the full premium experience with live video and interactive Q&A sessions, visit Bitcoin News Alerts.
HODL!