← Bitcoin News Alerts | Daily BTC Macro Signal
Bitcoin News Alerts | Daily BTC Macro Signal
2083: ERIC TRUMP: Nation Secretly Buys 200,000 Bitcoin - $22B BTC Stack Revealed
00:33:38
Eric Trump drops a Bitcoin bombshell at the Wyoming Blockchain Symposium - hinting a nation quietly accumulated 200,000 BTC ($22B) in a sovereign wealth play. The claim electrified crypto circles, sparking debate on whether the U.S. or another state...
Loading summary
Transcript33 lines
- [00:00]
T-Mobile Advertiser
Back to school is better. With Family Freedom from T Mobile, we'll pay off four phones up to $3200 and give you four free phones, all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom. Up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 8 $2009.99 eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off early or cancel contact T Mobile.
- [00:29]
VRBO Advertiser
Imagine being on a vacation long time. Now imagine saving money nightly while you do it. Sounds pretty great, right? With vrbo's long stay discounts, you can stay longer and save more. Our customers save an average of 10% when they book select properties for a week or longer. Just in case you needed another reason to extend that vacation book the Perfect Summer Getaway Today with VRBO Private Vacation Rentals, your future self will well, thank you later.
- [00:59]
JV (Host of Bitcoin News Alerts Podcast)
Welcome everyone to the number one daily Bitcoin pod. In today's show, we'll be discussing the latest technical analysis. Bitcoin's currently at the 112 level. Also breaking news. Kanye West's coin, which is a meme coin on Salana is yzy. It hit $3 billion before getting sniped like all the other meme coin schemes that come before it. But I'll be breaking this down and when I checked this morning, it still had just under a 1 billion market cap. We'll also be discussing Hong kong builder stock jumps 483 million bitcoin treasury bet. Also, US commerce official buys Bitcoin as Trump tariffs shake the markets. We'll also be discussing this particular catalyst which can send a bitcoin price skyrocketing to 15 million per coin, according to Arthur Hayes. Just blaze. I'll be breaking down his latest outlook. And for the big news, the Bitcoin bombshell. Eric Trump hints at secret $22 billion nation by I'll be breaking all this down for you. All this plus so much more in today's show.
- [02:09]
T-Mobile Advertiser
Oh my gosh, it's finally almost here. The best bitty pod Bitcoin news alerts is near.
- [02:15]
JV (Host of Bitcoin News Alerts Podcast)
Davey's gonna chat with us.
- [02:18]
T-Mobile Advertiser
Nipsey's a regulator.
- [02:20]
JV (Host of Bitcoin News Alerts Podcast)
Hope he has four legs up. What a jam and what an indicator.
- [02:26]
T-Mobile Advertiser
I can't stand the waiting.
- [02:28]
JV (Host of Bitcoin News Alerts Podcast)
There is motivating.
- [02:31]
T-Mobile Advertiser
I waited all day.
- [02:33]
JV (Host of Bitcoin News Alerts Podcast)
Maybe I need a life but bitcoin.
- [02:35]
T-Mobile Advertiser
Is all I can think about day and night.
- [02:36]
JV (Host of Bitcoin News Alerts Podcast)
Reach that btc Hurry jv.
- [02:39]
T-Mobile Advertiser
Bitcoin is going, going, going, going.
- [02:50]
JV (Host of Bitcoin News Alerts Podcast)
Bitcoin is going, going, going, going. Shout out Mr. Corvette. I appreciate you bro. Anyone who reposts the stream deserves all the glory in the world. And of course we gotta give glory to God first. If you are new to the Rumble important smash the likes, give us a follow and hit that repost over on X. BTC news alerts is the account and be sure to drop comments. Comments do get displayed on now on X and Rumble on the live stream. So it's going to be a hell of a stream. And with all that being shared today is pod episode number 2083. I'm your host JV alongside the Fed Chair Nipinator keeping them nipinating. Let's kick off today's stream with our market watch as we do every day. I do see comments. Let me read a couple of Been listening for the past 500 episodes. What a great achievement to get over 2, 000 was hoping for the 2, 000 party. Now over to Rumble so I can keep watching. Thanks for everything you do. First and foremost I have mad respect to our loyalty audience who has been watching for years 500 episodes, practically two years of shows. And yes, this is 2083, making us the most consistent bitcoin podcast in the entire space. Expect more Bull effing is over the next week or so as the heavy leverage shorts and longs get settled. August is typically a tough month for the bitty. Always appreciate the insights Greg, keep them coming. But we're going to kick it off with our market watch. Now without further ado, Bitcoin's correcting at time of the live stream we're at 112. 4. A little earlier we were just like at 112 even I don't know if we dropped in the 111 territory. We'll be pulling up the live charts to confirm all that in a bit. The big gainer is OKB. That's like an exchange token. It's up another 24% on the day ether and the bulk of the major alts are correcting and in the red as you can see on your screen and checking out coin market cap.com. the current crypto market cap is coming in today at $3.81 trillion. And yeah as you can see there we have 150 billion worth of volume for the past 24 hours and the bitcoin dominance is coming in today at 58.7% strong ether dominance, 13.4%. Checking out top 100 crypto gainers past 24 hours. We got OKB the exchange token up 25%, Morpho up 6% followed by the gate token up 2%. Very modest gains because the bulk of the market is correcting. And in the red as you can clearly see here on the crypto bubbles gives us a nice visual perspective on the day. I'd say 95% of the market wrecked checking it out for the week. Very similar scenario, 95% of the market wrecked zooming it out for the month and unfortunately it's like maybe 85% wrecked. 15% in the green checking it out annually. That's the silver lining when in del just zoom out JV. I'd say probably 75% green, 25% in the red. And checking out the infamous crypto greed and fear index. Yesterday we finally went back in fear. Today we're in fear at this current moment at a 44. Last week was a 73. So we're dropping the silver lining there is the lower that goes and as it hits extreme fear the more likely of a pump. And checking out the infamous time chain calendar today is block height 911 043. We have 139 or I should say 138,957 blocks until the next having. It's typically roughly on average 10 minutes per block. And as of today August 21st, sexy bitty blackjack. You can exchange one fiat monopoly dollar for 890 sats. So you know what to do. You pick up the SATs, put down the gas and pick up some bitcoin caps from my man Sergio. All right fam. Now for our TA aka astrology. For the bros it reads Bitcoin price dip hinges on 114. As market shrug off the US EU trade deal. We were down to 112 this morning. And here shortly I'll pull up some of the live charts. But first and foremost you can see here the opening today not looking so good. This is a one hour chart and like I said we already bottomed at around 112 before a nice little bounce back uh, trading view showed bitcoin ranging up to the 114 mark. That level continue to act as a short term resistance with the bulls appearing stuck as even macro economic news brought little signs of a trend change. And you guys got to let me know if you feel we will likely continue to correct or if you think we're likely to pump from here and that the bottom is in one of the analysts wrote. Bitcoin is clearly rejecting from 114 resistance on the daily time frame. Rec capital actually tweeted here. This is the price action to watch in the short term. Bitcoin needs to continue rejecting from 114 to enter the downside continuation. After all, 114 needs convincingly lost for Bitcoin to go lower weekly close relative to 114 will also be key. And there you have it coming directly from the analysts now. Anything lower and I think the structure is going to be looking a bit weak generally you don't want to see the price move back into such a large range consolidation period, especially after breaking out of it as outlined here from the analysts. Also, exchange order book data showed the day's lows coinciding with a band of bid liquidity which began at 112:9 and I believe this is via the largest exchange finance as a constipated Janet Yellen would say now Also, the trade deal meanwhile, had little impact on the U S stock market, with Both the S P 500 and NASDAQ ranging right after the open Ahead of the Fed Reserve's Jackson Hole economic symposium, bets on interest rate cuts at its September meeting deteriorated on the day. The odds of no cut coming rose to 36 on prediction service Kalshi, the most since Aug. 1, according to B.C. letter is outlined right here. It's one of the larger betting markets. Also, the CME Group Fed Watch Tool was more optimistic, giving a 25 odds of rates being held at the current levels. Quoting them here, Minutes of the Federal Reserves last rate setting meeting showed a broadening consensus over risk to the inflation outlook, the minutes noted. The majority of the FOMC members saw upside to inflation outweighing employment risk, Mosaic said. Friday's Jackson Hole speech by Fed Chair Jay Powell was highly anticipated. Jay Powell had been using the venue in previous years to broadcast key pivots on monetary policy. If concerns over inflation continue to outweigh the risks of the labor market, Jay Powell could temper expectations for any rate cuts. Let's map out this week's amazing destinations and travel tips.
- [09:42]
VRBO Advertiser
Honestly, Will, I didn't plan any trips, but I did switch to T Mobile with their new Family Freedom offer.
- [09:50]
JV (Host of Bitcoin News Alerts Podcast)
That's not the itinerary we're following.
- [09:52]
VRBO Advertiser
Well, I'm departing from AT and T and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the House.
- [10:05]
JV (Host of Bitcoin News Alerts Podcast)
Bon voyage.
- [10:07]
T-Mobile Advertiser
Introducing family freedom. Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to 800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 8.29.99 Eligible trade in eg iPhone 11 Pro for well qualified credits end and balance due if you pay off earlier. Cancel contact T Mobile at the upcoming.
- [10:34]
JV (Host of Bitcoin News Alerts Podcast)
Meetings until more data is gathered. And here you can see the Fed target rate possibilities for September's FOMC meeting and 75 chance versus 25 chance but I guess we'll soon find out with that being shared. Let's now pull up some of the live charts. We'll do some live chart action Jackson Satisfaction Bo Jackson Tony Braxton this one dedicated to the baddies Pulling up the one hour chart you can see here we do have a bull target which is bullish sent in just shy of 119.4 which is a nice seven thousand dollar climb from the current price action of where we're at which is112.3 at the time of the live stream which is cool. Zooming it out and get some different looks. Checking out a four hour the four hour shows us we do have a bull target in the red sitting at 119.2. And then there's the bear target in the green sitting at 92. 8. And again my question for you today. Do you think we'll likely crack lower or continue rising like a phoenix from the ashes? Let me know. And checking out the daily the daily chart you can see a big red candle on the day yesterday we did get a green corrective which was nice from the prior day's massive red that took us way down. And so we'll see how it plays out. But we do have a bull flag formation overall here on the daily chart. We do have a rising wedge with another bullish indicator. And then we have the bull Barney the purple dinosaur bull flag sitting at 146. 4. Again, 146. 4 in play according to the daily chart. And we'll get two more quick looks. Checking out the weekly the weekly time frame here shows a rising wedge. You can see this week has printed a big red candle. We got three more days into the weekly close. Last week was a red candle unfortunately, but the overall momentum of the past five months has been bullish. When in doubt they say just zoom out Nipinator and the Fed chair likes to zoom it out. So checking out the monthly, as you can see, 1, 2, 3, 4, green consecutive monthly candle closes, which means 3,060, 920 days of bullishness. And now August has another week and a half to fare and we are in the red. But that can change very rapidly. So you guys got to let me know where you feel the pretty little bitty likely take us next. All right, fam. Now for our next story of the day. Kanye west, better known as Yeezy or yay, released his yzy token and it climbed to $3 billion before the snipers attacked. And when I checked it this morning, it was like a 900 million market cap, just shy of a billion losing two thirds of its value for from the top. But let's break this one down. There's a lot of allegations and such and yeah, check it. An on chain investigation by synonymous analyst linked a wallet that sniped the Kanye west themed token YZY to another set of wallets behind the Libra token. That's the Javier Malay token. Yeah, I mean, which also got rugged, not surprisingly suggesting that some operator extracted tens of millions of dollars using insider knowledge. Now, this is a part of the problem with these meme coin launches by these alleged influencers, for lack of a better word, and as you know, Yay has a massive audience is the fact there's always snipers and they always dump almost like a plotted rug pull all by design, each and every time, without fail. Show me a meme coin that did not get rugged and lose the majority of its value. But I digress. In a series of posts, this guy revealed that the YZY sniper wallet managed to buy 250,000 worth of tokens at just 20 cents. Clearly an insider, right far below the price most traders paid. Within minutes, the Wallet secured over 1 million in profit, which was later funneled into a Treasury wallet. The same treasury wallet had also received large sums from wallets tied to Libra's launch. Six months ago, two Libra sniper wallets extracted a combined 21 million. In total, nearly 23 million was pulled across the YZY and Libra launches, with funds later moved to Camino or Finance. And quoting them here, we can be sure that this is someone with clear inside info. The proof is that he did not snipe any coin besides YZY and Libra, and he was prepared with huge size. So this basically online detective has broken it all down on chain analytics platform Nansen and blockchain security firm Cybers also confirmed the overlap between the YZY sniper wallet and the wallets linked to the Libra extraction network. Quoting them here, the YZY launch Sniper wallet does overlap with the Libra extraction flow wallets. That points to the same actor being involved in both events. Meanwhile, Nansen noted they can't be sure that it's connected to Hayden Davis, the infamous guy behind all of these sniped attacks and these meme coin launches. I'm sure you've seen them before. Coffeezilla has done an interview with them and he was the one involved with the team behind Javier Malay's rug pull Yamin the controversial figure. Yep, exactly. It is also always up for debate on what the insider info is and if it is indeed insider trading. Most of the time it is, Nansen added. The notorious sniper Naseem, who made millions on the official Trump meme coin, was also amongst the earliest to buy YZY using a wallet previously funded with the Trump profits. And while Nassim claimed the advantage came from spotting the liquidity pool early, questions remain over whether this is just sharp trading or part of a broader pattern of ongoing crime season. I'm going to assume the latter because allegedly is important to use when you, you know, talk about this kind of stuff, but to me it's obvious. On Thursday, Yay launched the Yzy token on Solana, which skyrocketed to a 3 billion market cap within 40 minutes. That's just mind boggling to me that people with all of this money on the sidelines is just waiting for their favorite celebrity meme token. That's crazy. In 40 minutes from 0 to 3 billion before getting rugged back down under 1 billion. And I bet if we checked it now it's probably still in the 900 million range because that's where it was at before we went live. But yeah, it's currently trading at around a dollar, down by more than 60% over the past day, the token hit the all time high of $3.16. So that's the current top. Will it ever recover? To that I would speculate no. And here's the official tweet from yay. Easy money is here. A new economy built on chain. Now the question becomes why do billionaires that already have thousands of millions of dollars, which means billions if you do the math, why the would they be involved with promoting the scheme meme coin launches? I mean that was the question when I shared this news with my brother. He's like why would Yay even give a to make money with this scam token when he's already a billionaire. And then my first response was, a lot of times they're greedy and they know they can make a quick few hundred million, potentially billions. I don't know. And they tend to do it because there's no repercussions. Trump launched his own Meme Coin. Melania launched her own meme coin. The Hawk Tua Gal launched her own meme coin. And guess what? They all got rugged. Nobody got in trouble. No one tell liable. So why wouldn't they? Yeah, I mean, how many celebrities have launched Meme Coins? Mayweather Kardashian member Eth Max. I mean, they all do the same play. Here's our next story of the day. Hong Kong Builder Stock jumps on 483 million Bitcoin treasury bet that's right, the NASDAQ listed Hong Kong construction company Mingxing Group holdings it on Wednesday it had agreed to acquire 4,250 of the BTC for 483 million. Let's map out this week's amazing destinations and travel tips.
- [18:27]
VRBO Advertiser
Honestly, Will, I didn't plan any trips, but I did switch to T Mobile with their new Family Freedom offer.
- [18:34]
JV (Host of Bitcoin News Alerts Podcast)
That's not the itinerary we're following.
- [18:37]
VRBO Advertiser
Well, I'm departing from ATT and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house.
- [18:50]
JV (Host of Bitcoin News Alerts Podcast)
Bon voyage.
- [18:52]
T-Mobile Advertiser
Introducing Family Freedom. Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com familyfreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte 82999 eligible trade in eg iPhone 11 well qualified credits end and balance due if you pay off earlier, cancel.
- [19:17]
JV (Host of Bitcoin News Alerts Podcast)
Contact T Mobile USD Joining the wave of companies adding crypto to the treasury, another one bites the dust. And another one. And another one, another one bites dust. The deal, if completed, would make Mingxing Hong Kong top Bitcoin treasury, according to the Bitcoin Treasury's data, surpassing Buaka Interactive international, which has 3350 of the BTC. Quoting the CEO of Ming we believe the Bitcoin market is highly liquid and the investment can capture the potential appreciation of the biddy and increase the company's assets. Mingxing's financials show it has been under pressure with a negative profit margin of 3.9% in 2025 and 5.35 million loss before interest and taxes. According to the stock analysis, Mingxing will not pay cash for the bitcoin. Instead, it plans to issue 10 year 3% convertible notes at A$20 a share. Sounds like the sailor put take that evildoers. The two British Virgin Islands based firms are also involved. A winning mission group selling 4,250 of the biddy will receive 241 and a half million worth of convertible notes plus a warrant for 201 million shares. Rich plenty Investment will receive the same package from Ming Ching and issue promissory note for the winning mission for 2,125 at the BTC. Now, the structure could sharply dilute Mingxing's existing shareholders. The company currently has fewer than 13 million shares outstanding. If the convertible notes are exercised but warrants remain unexercised, then the share count could jump to more than 415 million, leaving current shareholders with about 3.1% ownership. Now, the worst case scenario, if all the notes, the warrants and the accrued interest were converted, Mingxing shares could rise to almost 939 million, reducing current HODLers or holders to about 1.4% ownership, ultimately cutting their ownership in half. The transaction also depends on the shareholder approval to authorize more shares since the company currently has only 100 million authorized. And according to the Google Finance data, the Mingxing stock spiked sharply on the news. Despite trading bearishly over the long term, the company's stock had faced steep declines over the past year, losing 70% of his value, including a 44% drop of the past month and 24% over the past five days. So it looks like Bitcoin just saved their company. Hey. The initial upward price movement reached $2.15 on Wednesday, but most of the gains were a loss on the same day. Womp, womp. Still, the Ming Ching's current price of 165 means it's up 11.5% today on a Thursday. Meanwhile, the Hong Kong pushing deeper into crypto and expect nothing less because that's where the smart money is, of course. And so Hong Kong is not a part of the mainland. Kind of like how Puerto Rico is a commonwealth of the United States. In the same way they have their own financial laws and they're not governed by the same exact, you know, Communist Party, the CCP as the mainland China is. So they're, I mean, they got a lot more flexibility. All right, fam. Now for our next story of the day, U.S. commerce official buys Bitcoin as Trump Tariffs Shake the Market that's right. As U S President Trump's tariffs create unpredictable trade environment. Some members of his admin have been investing in sectors influenced by his policies, including the btc. In fact, on Tuesday the Trump admin announced it would extend the tariff delay in China and at the time the United States Commerce Department will introduce aluminum tariffs on over 400 different products including wind turbines, mobile cranes, rail cars, motorcycles and construction equipment. Womp womp. The unpredictability of the Trump's trade tariffs have raised concerns amongst national trade groups like the National Foreign Trade Council which said they are delaying the growth, disrupting operations and raising legal concerns amongst companies. Amid the uncertainty, officials connected with the Trump admin have deepened their ties with with crypto and businesses affected by the trade policies. And you can see Canter Fitzgerald Gerald invested 120 million in FBTC in quarter two. Good to note Lnick's firm buying Bitcoin amongst the tariffs and naturally Howard Lnick is working alongside Trump at the White House as the Secretary of Commerce. So yeah, Recent filings with the SEC as reported by Sludge showed US Secretary of Commerce Lutnick via his family controlled firm Cantor Fitzgerald has been actively investing or divesting in sectors affected by Trump's economic policies. While the U S law does include certain provisions to protect against conflicts of interest, Lutnick received a waiver July 8th which allows him to participate in particular matters that may have a direct and predictable effect on Canter, Fitzgerald sounds like he's getting richer. And according to the August 14 filing with the SEC and subsequent analysis from the Quiver Quantitative, Canter invested in the Fidelity Wise Origin Bitcoin fund with the ticker FBTC as well as stock and companies like the chip producer amd, Tesla, Alibaba and Robin Hood. So you know what stands out? He could have invested in blackrock. He chose Fidelity. And Fidelity is one of the only major asset managers that do their own self custody. Maybe that's a sign of the times that he knows the U S Government's going to confiscate the bitcoin from everyone using Coinbase as the custodian, including BlackRock. I know, I'm just speculating, but you never know. Cantor's investment in FBTC and trading platform Robinhood numbered 120 million and 116 million. This came after Bo Hinds. More recently, the Executive Director, the Presidential Council of Advisors on Digital Assets suggested after the White House interview that the government could use tariffs to fund purchases for the newly created strategic Bitcoin reserve, ultimately in alignment with the budget neutral strategies which were approved in the executive order. But ironically, Bo Hines has stepped down and he's now working directly on the board of advisors with Tether. Can't make this up. Meanwhile, Cantor's other investments have been deemed by analysts as either resistant to the tariff policies in the case of the Chinese e commerce site Alibaba, or directly benefiting from tariffs in case of Tesla. Now, Bartlett Naylor, a financial advocate for the watchdog Public Citizen Sludge, said when the Oxford English Dictionary next updates its conflict of interest definition, it'll use Cantor Fitzgerald's crypto ventures and the Lutnick connection as a prime example. You want to talk about a conflict of interest? Did you know Epstein's neighbor was Howard Lutnick for like 15 years? Just wanted to throw that in there. Other members of Trump's inner circle have shown reported instances of conflict of interest. David Sachs the Admins crypto and AIs are sold some 200 million of crypto investments at the beginning of Trump's second term to avoid such claims. However, following the divestment, Sachs also received a similar waiver to Lutnick, claiming financial interest covered by this waiver are not so substantial as to be deemed likely to affect the integrity of our services to the government. And on July 17, US based AI firm Voltron, not to be confused with the transformers, announced it received 22 million in sax venture capital firm Craft Ventures. The firm, which is pursuing federal contracts, even noted Sachs in the announcement stating the following Craft Ventures, co founded by White House AI advisor David Sachs backed the round, signaling investor confidence that Voltrons is the category defining system for the AI driven federal growth. This funding will accelerate Voltron's mission a transform enterprise federal growth and evaluate the workforce. The investments from Saks firm comes as AI firms continue expanding investments in data centers and racing. Let's map out this week's amazing destinations and travel tips.
- [27:04]
VRBO Advertiser
Honestly Will, I didn't plan any trips, but I did switch to T Mobile with their new Family Freedom offer.
- [27:12]
JV (Host of Bitcoin News Alerts Podcast)
That's not the itinerary we're following.
- [27:14]
VRBO Advertiser
Well, I'm departing from ATT and embarking on a new journey with T Mobile. They paid off my family's four phones up to $3200 and gave us four new phones on the house.
- [27:27]
JV (Host of Bitcoin News Alerts Podcast)
Bon voyage.
- [27:29]
T-Mobile Advertiser
Introducing Family Freedom Our lowest cost will switch our biggest family savings all on America's largest 5G network. Visit your local T Mobile location or learn more@t mobile.com FamilyFreedom up to $800 per line via virtual prepaid card typically takes 15 days. Free phones via 24 monthly bill credits with finance agreement eg Apple iPhone 16128 gigabyte $8,229.99 Eligible trade in eg IPH for well qualified credits end and balance due if you pay off earlier.
- [27:54]
JV (Host of Bitcoin News Alerts Podcast)
Cancel contact T mobile for predominance as you know, AI and Bitcoin Good Lord. Taking over the world Uncertainty as Trump delays another 90 days Tuesday, U.S. treasury Secretary Scott Besson said that the status quo of 90 days delays with China was working very well. In the interview they discussed tariffs projected to bring in 300 billion in revenue that he'd have to revise that up substantially. This headline caught my interest earlier. I love bullish predictions if you haven't figured that out by now. Now for our next story of the day. Very bullish prediction from Arthur Hayes. Just blaze the article Headline reads. This catalyst can send Bitcoin skyrocketing to 8 figure price target. 15 million to be precise, according to Arthur Hayes. Let's break down the outlook and if you don't know now you know. Arthur Hayes highlighting one catalyst which can trigger an explosive bitcoin price action over the next few years. The 15 million per BTC in the Interview with Wealthians YouTube channel, Hayes says monetary policy easing in the U. S could be massively bullish catalysts for bitcoin starting next year. And I'm gonna quote him verbatim here. I think that U S President Trump and U S Secretary Treasury Scott Besson are just setting up such a perfect situation for how money is going to be printed post 2026 in May. And I just listened to a CNBC interview with chief market strategist for Wall street firm Jeffries, David Zervos, one of the Fed chair hopefuls. If that guy gets in, Bitcoin will be at like 15 million because he's just going to yield curve control, printing money, immediate 300 basis point rate cuts, all sorts of sorts of things. So I think Trump and Bessant have laid out exactly what they want to do. Run it hot, inflationary, all these sorts of things. Current Fed Chair Jay Powell is the only thing standing in their way and you know, some heller. Come hell or high water, Trump will get what he wants. According to the Bitmax co founder, Bitcoin still possesses more upside potential despite bitcoin currently, you know, correcting from the top of 125, which we just recently hit it at the time of the live stream, we're still above 113, 000. He also shared here in the interview quoting them. And bitcoin has been the shining light which has been the best performing asset in human history since it launched in 2009. And so I think that this has been a great ride. And obviously it is still early for people to get involved in this industry. Just because you're coming in at 2025 and Bitcoin's at 120 or whatever it is, is that you've missed the boat. No way. We still have a long way to go and I agree. And we all pay for bitcoin at the price we deserve. And bitcoin is going to continue to run up forever. So if you got in now, it's still irrelevant. The bigger picture is your purchasing power in bitcoin is mathematically guaranteed to increase, whereas your purchasing power in the dollar, it's a mathematical certainty guaranteed to decrease. And if you don't know, ask the Fed chair Nipinator, because he has all the answers. More answers than the AI. All right, fam. Now for our feature story of the day. This is the big bitcoin bombshell. Eric Trump hints at secret 22 billion dollar nation buy. We're talking roughly 200000 Bitcoin being scooped up allegedly from a nation. Here's the story. Day two of the Wyoming blockchain symposium produce its most arresting sound bite yet when Eric Trump suggested a sovereign had quietly accumulated a nine figure trove of bitcoin. Quoting Eric Trump. Right here, let me give you the sovereign wealth. They are all buying bitcoin right now in massive ways, he said, live from the main stage. He also added, or you know, Our country just bought 200000 Bitcoin and we did so very quietly. We don't want anyone to know about it, but that's how much we believe in the asset. Again, this is coming directly from Eric Trump. Trump offered no name, though no timeline or documentation, and framed the remark as an antidote from conversations with global leaders. Now, the figure, 200000 Bitcoin at today's prices, that's roughly 22 billion. And it proposes a, a great question. How would someone even buy that much bitcoin? And it instantly ricocheted across social platforms and crypto trading charts. Trump's broader narrative fused the personal conversion story with a muscular forecast for the asset. Quoting him here, guys, I am a hard asset guy. I always joke to Michael Sailor, if I can't feel it, if I can't touch it, if I can't see it. It kind of wasn't for me, he said, recounting how a wave of the banking against his family's businesses and crypto operators pushed him into the industry, quoting him again, I probably spend over 50 of my time in crypto, he added, calling the current backdrop the best regulatory environment it's ever been and declaring that Bitcoin is on the one yard line with growth over the next six months explosive in the next decade. Amazing. While calling himself a bitcoin maxi, he reiterated his price targets. There is no doubt about Bitcoin reaching $1 million, adding that it is expected to reach 175000 by the end of this year. And again, this is coming directly from Eric Trump, our POTUS's son impressed on Geo Geo Geopolitics he described a digital land grab by the sovereign wealth funds and corporates corporations moving to add Bitcoin to their treasury reserves, quoting them again in ways that you can't even imagine, he said before recounting a green witch private banker friend who once derided Bitcoin as funny money. The real funny money is the monopoly money. We call it the US dollar but later then asked how to buy it at triple the price and a great reminder we all pay for Bitcoin at the price we deserve now. Trump argued that the convergence of the banking risk inflation stress is emerging in emerging markets and the frictions of legacy payment system is accelerating a institutional and retail adoption like we're witnessing this year. We could pop up a wallet and transfer 100 million worth of Bitcoin in two seconds, he said, contrasting it with the year long commercial real estate sale process. Exactly. There is no second best now. The 200000 Bitcoin number is especially charged because it echoes but is not the same as estimates of government control wallets already in the public view. It is estimated that the US government sees holdings have hovered around the magnitude of that and have been discussed in the context of the administration strategic Bitcoin reserve framework framework. Now the panel also focused on an inside look at American Bitcoin, their new Bitcoin mining firm. Trump backed mining plus treasury vehicle being carved out with Hut 8 Hut 8 CEO laid out the operating math last quarter he said energy cost to mine a Bitcoin averaged at 37,000 with all in cost near 57,000 positioning the operation at a steep discount to the spot prices. Yeah, especially when Bitcoin's trading above 100 or 120,000 man. Now HUD8 currently manages around a gigawatt of capacity with additional sites under exclusivity and a multi gigawatt pipeline, he added, arguing that vertical integration lets American Bitcoin be this pure play mining business that gets vertically integrated economics without the overhang of a large fix management team. He emphasized discipline over scale of scale sake for scale's sake, likening capital allocation to oil and gas. If new rigs, which we refer to as asics, don't beat simply buying bitcoin over the machine's life, then they don't buy American Bitcoins go public. Plans were another through line. HUD8 has already disclosed that the majority owned subsidiary intends to list a NASDAQ under the ticker ABTC via a merger with Gryphon Digital Mining and shareholder votes slated for late August, which is right around the corner here and closing targeted for early September now subject to approvals. Of course, the company's filings and subsequent coverage frame the vehicle as a premier bitcoin accumulation platform with Hut 8 retaining a controlling state stake. Now recent investor material have also highlighted American Bitcoin purchase 1726 BTC Quarter 2 this year as it continues to ramp up is Bitcoin treasury strategy. And if you don't know, now you know. You guys got to let me know your thoughts surrounding this big announcement from Eric Trump and I'll read your comments out loud. Welcome everyone to the Q A segment of the live stream. Chemo says whole fast pirates. Don't panic or be fearful. That's exactly what they want. Paper hands. I call it Portnoy hands and then you shall be rewarded for your courage. Amen Pirate. Great, great quote there. Couldn't agree more. That means that the purchase won't affect the price. If they aren't doing OTC purchases then the price won't rise. Now how many of you would prefer the price the price to rise with the purchase for Christ's sake. But good point Eric. Trump is bearish. I know only 175000 Eric do you even get bitcoin bro? Do you even Bitcoin bro? Exactly 225 end of the year is more like it. And don't forget to check out Dick Coin news alerts.net for the full premium experience with video and to participate in the live stream along with the Q and A. And I look forward to seeing you on tomorrow's episode Hoddle.