2230: Bitcoin to $500K — Proponent Shuts Down Bear Market FUD

Summary

Podcast Summary: Bitcoin News Alerts | Daily BTC News

Episode: #2230 — Bitcoin to $500K: Proponent Shuts Down Bear Market FUD
Date: January 23, 2026
Host: Nipinator, with Co-host (likely Stacy Herbert)

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Episode Overview

The episode, “Bitcoin to $500K — Proponent Shuts Down Bear Market FUD,” dives into the state of the Bitcoin market as BTC reclaims the $90,000 mark amidst widespread “bear market” narratives. The hosts break down recent market action, address bearish sentiment, dissect policy developments (from state-level Bitcoin reserves to federal legal fights), and feature commentary from bullish Bitcoin proponents countering the FUD (Fear, Uncertainty, and Doubt).

The episode also features notables such as Max Keiser’s birthday, new state and federal Bitcoin initiatives, U.S. banking sector resistance to crypto, and projections for Bitcoin hitting $500,000—anchored by raw, unapologetic Bitcoin maximalism.

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Key Discussion Points & Insights

1. Bitcoin Market Action and Sentiment

• BTC Price Watch:

  • Bitcoin reclaims $90,000 live during the episode, with the hosts debating the proximity to $100K (“a God candle away” at [02:36]).
  • Other major cryptocurrencies—ETH and XRP—are also noted, but attention remains laser-focused on BTC ([03:03]).
  • Crypto market cap hovers just above $3 trillion ([02:55]), BTC market cap just under $1.8 trillion.

• Sentiment Index:

  • "We’re back in extreme fear, unfortunately. Today is a 24 [on the Fear & Greed Index]." ([03:15])
  • Hosts reject the notion that fear is justified, referencing the historical pattern of retail “fear” preceding major moves.

• Satoshis and Dollar Parity:

  • “One day a satoshi is going to be a dollar. It’s been prophesized by the Nipinator himself.” ([03:35])

2. Max Keiser’s Birthday and His Legacy

• Celebration of Max Keiser, with tributes to his influence and “relentless optimism”:
  • “They said impossible. You said inevitable.” ([04:15])
  • “They called you crazy. History called you early.” ([04:17])
  • “This man has helped transform my life. You know. Thousands of episodes of the Keiser Report, their relentless optimism.” ([05:10])
  • Max Keiser’s own words: “I am blessed to be spending the day with my love Stacy Herbert…” ([04:26])

3. Market Technicals: Correction or Bear Market?

• The hosts walk through market structure across multiple time frames:
  • Short-term bullishness on hourly/four-hour/daily candles.
  • Caution over potential for a first weekly red candle of the year unless late-week rally materializes. ([06:44] – [07:17])
• January is “barely floating in the green,” with postponed “fourth quarter fireworks”—but the overall tone is extremely bullish:
  • “Relentless optimism 100%.” ([07:36])

4. Bear Market FUD Breakdown & On-Chain Analysis

• Recapping weekly CryptoQuant and Glassnode on-chain data:
  • First occurrence in two years of Bitcoin holders realizing net losses.
  • Net realized profit/loss dropped to 69,000 BTC in 30 days. ([08:05])
  • Annual net realized profits have halved since October.
  • “Several analysts expect the 2026 bear market to send Bitcoin as low as 58. Again—I gotta strongly disagree.” ([10:04])
• Historical analogies to 2021-22 cycle are discussed, but hosts remain skeptical:
  • “I still think the bottom is in when we hit 80,000…let me know if you agree or disagree.” ([10:23])

5. Macro Context: US Yield Spreads, Gold, and Bitcoin Correlations

• Rising US and Japanese long-term bond yields spark worries about risk asset selloffs ([12:23]).
• “Higher yields typically reduce the opportunity costs for holding non-yield assets like equities, which increases probability of a Bitcoin high beta risk asset dropping alongside.” ([13:30])
• Mike McGlone’s argument: Gold is attracting capital, while Bitcoin faces headwinds—though the hosts treat this with skepticism, labeling McGlone “the most bearish” voice ([14:35]).

6. Policy Developments: Kansas Bitcoin Reserve & Bank Lobbying

• Kansas considers a bill (SB352) to create a state-managed Bitcoin and Digital Asset Reserve using unclaimed property, mirroring federal trends ([15:03]–[16:41]).
• Proposal for state-level spot Bitcoin ETF allocations for retirement funds.
• “Kansas—another state looking to adopt some Bitcoin through some ETFs.” ([18:11])
• US banking lobby (American Bankers Association) makes opposition to stablecoin yield a top 2026 priority, fearing “deposit flight.”
  • “Buck the banksters and their cartels. Just saying.” ([18:55])
  • “They don’t want $6 trillion moving out of their bank into stablecoins.” ([21:17])
  • “It’s a losing game storing fiat in the bank. That’s why Sailor calls those folks poor.” ([20:43])

7. Trump sues JP Morgan for $5 Billion Over 'Debanking'

• Trump files for damages after alleged account closures tied to political reasons; parallels are drawn to debanking of other prominent Bitcoiners like Jack Mers ([22:59]–[23:31]).
• Trump’s own statement read on air:
  • “There was never such an offer [to Jamie Dimon for Fed Chair]. And in fact, I’ll be suing JPMorgan over the next two weeks for incorrectly, inappropriately debanking me after January 6th protest. A protest that turned out to be correct…” ([24:02])
• Hosts contextualize feud in terms of “Operation Choke 2.0” and ongoing anti-crypto actions by traditional finance.

8. Censorship, Platform Migration, and Free Speech

• Host reflects on being "demonetized" and moving off YouTube.
  • “That's the reason I'm not on fucking YouTube. They demonetize my account clearly because of my beliefs and what I represent and how I talk… Our new home is obviously Rumble." ([27:03])

9. Feature Story: “Bitcoin to $500,000” — Bullish Proponent Counteracts FUD

• Analyst Luke Broyles dismisses current “bear market” talk, projecting BTC price targets between $250K and $500K, correlated to gold’s ongoing breakout ([27:44]–[28:49]):
  • “He put: Bitcoin usually does a 2x against gold once it reaches an all time high, that would be 382,000 per bitcoin today. In reality, probably 250K to 500,000.” — Quoting Broyles ([29:24])
  • “Don’t sell your bitcoin hoping it goes to 40,000, and that’s the message we need to take out of this.” ([29:19])
  • Hosts reinforce: “I completely reject bitcoin going to 40 GS but if it did, I’d be lining up… Put the ant farm up for adoption and raise some funds. Garage sale, whatever it takes, and stack the SATs. That’d be a hell of a discount. 4,080, 120, that’s like a third of the price from the all time high. That’s not a BOGO. Buy one get one. That’s like buy one get two free. That’s like a Publix special.” ([30:11])

10. International ETF Developments: Thailand SEC

• Thailand’s SEC plans to fully regulate crypto ETFs and treat digital assets formally, furthering institutional adoption globally ([31:59]–[32:49]).
• Thai government’s pro-crypto policies highlighted.

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Notable Quotes & Memorable Moments

• “They said impossible. You said inevitable.” — Nipinator ([04:15])
• “They called you crazy. History called you early.” — Stacy Herbert ([04:17])
• “Escape the Matrix. Tickets to escape the Matrix are priced in BTC. It’s as simple as that.” — Nipinator ([05:33])
• “Relentless optimism, 100%.” — Nipinator on BTC’s long-term prospects ([07:36])
• “Several analysts expect the 2026 bear market to send Bitcoin as low as 58. Again, I gotta strongly disagree.” — Nipinator ([10:04])
• “Buck the banksters and their cartels!” — Nipinator ([18:55])
• “They don’t want $6 trillion moving out of their bank into stablecoins.” — Nipinator ([21:17])
• “It’s a losing game storing fiat in the bank. That’s why Sailor calls those folks poor.” — Nipinator ([20:43])
• Trump: “And in fact, I’ll be suing JPMorgan over the next two weeks for incorrectly, inappropriately debanking me after January 6th protest. A protest that turned out to be correct..." ([24:02])
• “That's the reason I'm not on fucking YouTube. They demonetize my account clearly because of my beliefs and what I represent and how I talk… Our new home is obviously Rumble.” — Nipinator ([27:03])
• “Bitcoin usually does a 2x against gold once it reaches an all time high… That would be 382,000 per bitcoin today. In reality, probably 250 to 500,000…” — Quoting Luke Broyles ([29:24])
• “Don’t sell your bitcoin hoping it goes to 40,000, and that’s the message we need to take out of this.” ([29:19])
• “Put the ant farm up for adoption and raise some funds… That’s like buy one get two free. That’s like a Publix special.” ([30:11])

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Timestamps for Key Segments

• BTC price recaptures $90k – market watch: [02:36] – [04:04]
• Max Keiser tributes and legacy: [04:04] – [05:28]
• Market technicals and sentiment analysis: [06:00] – [07:36]
• Onchain loss signals/bear market FUD begins: [07:56] – [10:23]
• Macro (yields, gold, market cycles): [12:23] – [14:55]
• Kansas Bitcoin reserve bill: [15:03] – [16:41]
• Bank lobbies fight stablecoin yields: [18:11] – [21:17]
• Trump sues JP Morgan—debanking deep dive: [22:59] – [25:18]
• Host’s move off YouTube/censorship in content creation: [27:03]
• Feature story: “Bitcoin to $500,000”—Broyles analysis: [27:44] – [32:44]
• Thailand’s crypto ETF regulation: [31:59] – [32:49]
• Episode wrap-up and final bullish sentiment: [33:15] – end

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Tone and Final Take

The tone is irreverent, hyper-bullish, anti-bank, anti-establishment, and openly maximalist—classic “raw, unfiltered, uncensored” Bitcoin podcasting. FUD is thoroughly dismantled; bearish narratives are mocked or refuted; bullish projections are underscored with both data and philosophy.

Takeaway:
Despite on-chain indicators of retracement and macro headwinds, Bitcoin maximalists/new school analysts remain undeterred, seeing opportunities not crises. Legislative progress and global adoption add to the long-term optimism. The show’s core message: Bullish conviction, stay sovereign, stack sats.

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*For the full premium experience with video and live chat, visit bitcoinnewsalerts.net. “HODL!” ([33:30])

Transcript

[Nipinator]

Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. You chose to hit play on this podcast today. Smart Choice make another smart choice with Auto Quote Explorer to compare rates from multiple car insurance companies all at once. Try [e-mail] Progressive Casualty Insurance Company and affiliates not available in all states or situations. Prices vary based on how you buy.

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[Co-host (likely Stacy Herbert)]

What do you have to lose?

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50% off regular price for new customers. Upfront payment required $45 for three months, $90 for six months or $180 for a 12 month plan. Taxes and fees extra speeds may slow after 50 gigabytes per month when network.

[Nipinator]

Is busy see terms first and foremost, happy Birthday to the High Priest of Bitscoin, the one and only Max Kaiser. In today's show I'll be breaking down the latest ta Bitcoin is pumping back in the green which we love to see. We'll also be discussing the latest what's happening as Bitcoin enters early bear phase.

[Co-host (likely Stacy Herbert)]

According to the perma bears but we.

[Nipinator]

Just crossed 90000 so take that haters. We'll also be discussing U S yield spread hits the 2021 highs. This this a warning. I'll break it down. Also adoption in Kansas. A Kansas bill would create state managed Bitcoin and Digital asset reserve. I'll be breaking that down for you as well as US bank lobby says stopping stablecoin yields is a top 2026 priority.

[Co-host (likely Stacy Herbert)]

You already know.

[Nipinator]

Also Trump sues JP Morgan in the Florida court for over $5 billion over debanking claims in you know we have heard as well Jack Mers got debanked from JP Morgan so stop supporting you know Epstein's banking institution is all I'm saying. Also in today's show Bitcoin price of 500,000 top proponent shuts down the bare market FUD. All this plus so much more right.

[Co-host (likely Stacy Herbert)]

Here in today's show.

[Nipinator]

As you can see Bitcoin just reclaimed 90 000. We started pumping as soon as I went live. Not surprised we got the Fed Chair Nipinator here of course my co host and today is pot episode 2230 the revolution will not be televised as being.

[Co-host (likely Stacy Herbert)]

Live Stream right here on the Rumble.

[Nipinator]

So let's kick this off, fam, starting with our market watch as we do.

[Co-host (likely Stacy Herbert)]

Each and every day.

[Nipinator]

You can see bitcoin reclaimed the big 90g mark. We're literally a God candle away from 100k. Ether also back in a green. Looking to reclaim 3000 any moment now. XRP, barely in the green.

[Co-host (likely Stacy Herbert)]

BNB, barely in the green. And then many obviously in the red. Still correcting, but there you go.

[Nipinator]

Uh, checking out the, uh, coin market cap.com current crypto market cap is barely sitting above the 3 trillion level.

[Co-host (likely Stacy Herbert)]

It's down just a bit on the day. Bitcoin market cap is just under 1.8 trillion at the time of the live.

[Nipinator]

Uh, checking out top 100 crypto gainers past 24 hours. Layer 0 leading the pack today, followed.

[Co-host (likely Stacy Herbert)]

By Axi, Infinity and Double zero, followed by Dash. And checking out the crypto greed and fear index. We're back in extreme fear, unfortunately. Today is a 24. Yesterday at 20. Last week a 40, a 49. And last month at 24, an extreme fear. And checking out the time chain calendar. Today is block height number 933. 542. And check that out. You can exchange one fiat monopoly dollar for one 1111sats. Again, one dollar will get you 11, 11 satoshis. And one day a satoshi is going to be a dollar. It's been prophesized by the nipinator himself. And by the time bitcoin, or I should say a satoshi, is a dollar per sat, dollar per sat parity, that's 100 million per BTC.

[Nipinator]

Now also I got to bring to your attention. Attention. It's Max Kaiser's birthday today, so make sure to wish him a happy birthday. I wrote here happy birthday, Max. They said impossible.

[Co-host (likely Stacy Herbert)]

You said inevitable.

[Nipinator]

Honored for the friendship.

[Co-host (likely Stacy Herbert)]

They called you crazy. History called you early.

[Nipinator]

Bitcoin country proves it. And Max responded. And I'm honored by this response here.

[Co-host (likely Stacy Herbert)]

Thanks.

[Nipinator]

BTC news alerts.

[Co-host (likely Stacy Herbert)]

You are the first with your very welcome happy birthday wishes. I am blessed to be spending the day with my love, Stacy Herbert. It's funny how one's whole life can be summed up by a few glances and remembrances of that never go away, but only grow stronger. And yeah, yesterday I was anticipating 12 o'. Clock. I knew it was Max's birthday because he's kind of a big deal in.

[Nipinator]

Bitcoin, you know, and I like to celebrate. So last night I was counting down until midnight in Puerto Rico to wish.

[Co-host (likely Stacy Herbert)]

Him a Happy birthday. So I was the first to get in and I think I'm an hour.

[Nipinator]

Ahead of eastern time.

[Co-host (likely Stacy Herbert)]

I think I'm two hours ahead of bitcoin country out there in El Salvador. So I got it in.

[Nipinator]

Mission accomplished.

[Co-host (likely Stacy Herbert)]

But yeah, this man has helped transform my life. You know. Thousands of episodes of the Kaiser report their relentless optimism.

[Nipinator]

So I honor you, Max, appreciate you. And of course, shout out to the.

[Co-host (likely Stacy Herbert)]

Love of your life, the one and only Stacy Herbert. Big fan. Obviously they've done so much for bitcoin.

[Nipinator]

Adoption, bitcoin country, and for bitcoiners all around the world.

[Co-host (likely Stacy Herbert)]

And they're still giving you the signal. Not many people, you know, in their shoes would be doing that. And that just means they care. They're trying to change the world and help usher in bitcoin adoption because we know the fiat system and the matrix keeps us doomed in a perpetual, I would say hamster wheel, you know. So Escape the Matrix. Tickets to escape the matrix are priced in btc. It's as simple as that.

[Nipinator]

But anyways, yo, let's continue pulling up some of the live charts again. We just recaptured 90, 000 within a God cand day from regaining a hundred thousand, which is a critical psychological support level. Or I should say right now it's a resistance level. We need to break through and flip into support. Starting on the one hour. We do got the bulls back in town, which is nice. We're back above the moving averages and three bullish green candles of the past three hours.

[Co-host (likely Stacy Herbert)]

We're continuing to pump, keep the pump alive.

[Nipinator]

We got the four hour as well, showing signs of some bullishness, but we're still just below moving averages there. No particular targets in sight.

[Co-host (likely Stacy Herbert)]

Checking out the daily. You'll notice past three days have been bullish. Prior to that we cascaded all the.

[Nipinator]

Way down, you know, to roughly 87 category territory before reclimbing back to 90 here today.

[Co-host (likely Stacy Herbert)]

And over the couple past couple of days, checking out the weekly. Uh, you also notice, unfortunately we have a red candle and unless we pump significantly higher, we will get a red. The first red candle close of the new year, it seems we.

[Nipinator]

Well, actually, I take that back.

[Co-host (likely Stacy Herbert)]

The very first week may have been a red candle close, but it was so minuscule you can barely see it. And then we had a green pump week. And here we are correcting this week overall. Two more days until the weekly close.

[Nipinator]

Checking out the monthly month of January.

[Co-host (likely Stacy Herbert)]

Still barely floating in the green. If we crack lower, that can change. But currently we're maintaining and we've had a bullish thus far month of January, but we ain't seen nothing yet. Especially considering we're our fourth quarter bull run was postponed.

[Nipinator]

I'm still a firm believer we have fireworks this year. I don't know if it's going to be the first quarter, second quarter, third quarter, but I'm still extremely bullish. You know what I mean? Relentless optimism 100% but anyways also analyzing some of the analysis here in the market today.

[Co-host (likely Stacy Herbert)]

Let's see what they have to say.

[Nipinator]

Bitcoin profitability cycle turns Negative According to.

[Co-host (likely Stacy Herbert)]

The weekly Crypto report.

[Nipinator]

Onchain data from Crypto Quant said the bitcoin holders are transitioning from booking profits.

[Co-host (likely Stacy Herbert)]

To realizing losses for the first time in over two years.

[Nipinator]

The report said the net realized profit.

[Co-host (likely Stacy Herbert)]

Loss, which captures the aggregate gains or losses investors lock in when they move coins on chain drop to 69,000 BTC.

[Nipinator]

Over the last 30 days, signaling a.

[Co-host (likely Stacy Herbert)]

Significant decline in the market strength.

[Nipinator]

Quoting Crypto quant, Bitcoin huddlers began realizing.

[Co-host (likely Stacy Herbert)]

Net losses for the first time since October of 2023 10.

[Nipinator]

Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. You chose to hit play on this podcast today. Smart Choice make another smart choice with Auto Quote Explorer to compare rates from multiple car insurance companies all at once. Try [e-mail] Progressive Casualty Insurance Company and affiliates not available in all states or situations. Prices vary based on how you buy.

[Mint Mobile Advertiser]

Well, the holidays have come and gone once again. But if you've forgotten to get that special someone in your life a gift, well, Mint Mobile is extending their holiday offer of half off unlimited wireless. So here's the idea. You get it now. You call it an early present for next year.

[Co-host (likely Stacy Herbert)]

What do you have to lose?

[Mint Mobile Advertiser]

Give it a [e-mail] Switch limited time.

[Mint Mobile Terms Announcer]

50% off regular price for new customers. Upfront payment required $45 for three months, $90 for six month or $180 for a 12 month plan. Taxes and fees Extra speed speeds may slow after 50 gigabytes per month when network is busy see terms the realized.

[Co-host (likely Stacy Herbert)]

Profit peaks have been declining since March of 2024, an indication that the prices are losing momentum as the bull market ends now. I disagree.

[Nipinator]

I don't think the bull market has.

[Co-host (likely Stacy Herbert)]

Ended, I think it has extended. But you let me know your thoughts in the comments. I'll entertain them when I'm done here. Meanwhile, annual net realized profits have dropped sharply, falling to 2.5 million bitcoin from 4.4 million bitcoin in October levels last seen in March of 2022.

[Nipinator]

This reinforces the theory that onchain profit.

[Co-host (likely Stacy Herbert)]

Dynamics are now consistent with early stage bare market conditions.

[Nipinator]

And while similar onchain conditions preceded the.

[Co-host (likely Stacy Herbert)]

Past bare markets, analysts caution that the realized profit metrics alone have historically produced false signals during the consolidation phases. This profitability pattern closely mirrors the 20212022 bull to bear transition when realized profits peaked in January 2021 and then form lower highs through 2021, then flipped into net losses ahead of the 2022 bare market as shown an outline right here in this chart. Now several analysts expect the 2026 bare market to send Bitcoin as low as 58. Again, I got to strongly disagree. Personally I I still think the bottom is in when we hit 80,000, which was obviously the fourth quarter a couple of months back or so. But let me know if you agree or disagree with that. Bitcoin just flashed the bare market signal according to the titan of crypto, highlighting a bearish cross from the macd in the two month time frame. Historically similar setups were followed by 50% to 64% drawdowns. Now here are the price levels to watch for Bitcoin right now. The latest selloff saw Bitcoin down 9% from the 2026 high of 97,900. So we damn near hit 8,98 2000 away from 100k and as a result Bitcoin lost the key Support including the 75th percentile cost basis which is currently at roughly 93. Bitcoin now trades below the cost basis of 75 of the supply signaling rising distribution pressure. According to Glass, node risks have shifted higher with the downside dominant. Unless this level gets recovered, the bitcoin price is now back at the rising trend line Support which is sitting 8990 000. If that level gets lost we're likely to revisit the range lows around 84. The Bitcoin cost basis distribution heat map reveals investors acquired about 941000 Bitcoin at this current level over the last six months, suggesting it's a new key support level. The next major level of support sits at 80. So important for us to hold up here. You know we're over 127000 bitcoin were previously acquired next story fam us yield spread hits 2021 highs is this a warning for the biddy price? Well let's break it down. Rising yield gap can hurt the equities in bitcoin. Bitcoin's market outlook looks increasingly bearish, according to an assessment from David Roberts, head of the Fixed income of NED Group Investments on the global equity market, which is to be believed and here you can see a little comparison the gap between the US's 2 year and 30 year yields which you can see in the green. Roberts told Bloomberg that equities could suffer due to a sustained push higher in yield. He said the pressure is concentrated in the longer data deals, particularly in Japan. This week Japan's 30 year bond yield rose to a record 3.9%, widening its gap with the two year bond yields by 220 to 325bps. It can increase by another 75 to 100bps, said Lauren Van Biljon, senior Portfolio Manager at All Spring Global Investments, citing Prime Minister Sen's election vows to increase the spending now. The US 30 year yield closely tracks the Japanese counterpart, indicating it would rise alongside in the coming weeks or months. Higher yields typically reduce the opportunity costs for holding non yield assets like equities, which increases the probability of a bitcoin high beta risk asset dropping alongside. The assessment aligns with the so called four year cycle which which predicts Bitcoin's price to bottom in the 40 to 50,000 range by the end of this year.

[Nipinator]

Wow, that would be an insane BTFD opportunity.

[Co-host (likely Stacy Herbert)]

For real?

[Nipinator]

For real. Considering we we're at 69,000 all time.

[Co-host (likely Stacy Herbert)]

High back in freaking 2021 and here.

[Nipinator]

We are in 2026 and they're prophesizing.

[Co-host (likely Stacy Herbert)]

A crash to 40 to 50 GS that's insane.

[Nipinator]

Now gold's out performance is adding another headwind for the bitty. According to Bloomberg intelligence strategist Mike McGlone. In a post he argued Gold's historic alpha grab is pulling capital towards traditional inflation hedge at the time when higher long term treasury yields are also competing for flows. As he outlines here, Bitcoinundred thousand five percent t bonds may mark peak risk asset inflation claimed by some to be the pristine collateral. Bitcoin has been losing that battle with the U S Treasuries since reaching in high price and yield thresholds of 2025 ceiling near a hundred thousand for the crypto and 5% for the 30 year treasury bond could improve during on the back of the buried stock market volatility and the gold historic alpha grab. Now we also know Mike McGlone has been historically this cycle the most bearish. He's the only one I know that was projecting bitcoin dropping to 10,000 per coin.

[Co-host (likely Stacy Herbert)]

So take anything he says. Like anyone else, obviously, what a grain of salt. But let's continue knocking these mofos out as far as the headlines. Next Story Kansas Bill would Create a State Managed Bitcoin and Digital Asset Reserve Lawmakers in the U S of Kansas are considering a bill that would create a state managed Bitcoin Digital Asset Reserve Fund funded through unclaimed property rather than direct purchases of crypto. This is Kansas Senate Bill 352, introduced by Senator Craig Bowser on Wednesday, which would establish a Bitcoin Digital Asset Reserve Fund and state treasury administrated by the state treasurer. The fund would consist of airdrops taken, rewards and interest earned on abandoned digital assets held under Kansas's unclaim property law. It would include cryptos and other digital assets rather than any direct purchases of Bitcoin by the state, broadly mirroring the White House's decision to fund the US Strategic Bitcoin Reserve with forfeited Bitcoin instead of buying coins on the open market. Under the bill, 10% of each deposit of digital assets into the reserve fund must be credited to the state's general fund, but Bitcoin itself would be kept out of the general fund as outlined here as you can see Kansas's official website. SB352 let's go. It also amends Kansas's unclaimed property statues to define digital assets and airdrops and to spell out how the state treats such assets when they are considered abandoned. The bill was referred to the Committee of Financial Institutions and Insurance Thursday after moving from the Federal and State Affairs Committee. The new bill follows earlier Kansas propos such as Senate Bill 34, which would allow the Kansas Public Employee Retirement System to allocate up to 10% of their assets into the spot Bitcoin ETFs. Let's go. Also, SB34 was introduced in January of 2025, remaining in the Senate Committee on Financial Institutions and Insurance. Now Kansas and other states are testing Bitcoin legislation. Kansas amongst a new group of the US States where lawmakers have introduced Bitcoin or crypto focused bills ranging from the Strategic Reserve Concepts to Task Force and controlled allocations to digital asset products. And at the federal level we have Trump said it is moving with plans for the Strategic Bitcoin Reserve in the Digital asset stockpile.

[Nipinator]

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[Mint Mobile Advertiser]

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[Co-host (likely Stacy Herbert)]

What do you have to lose?

[Mint Mobile Advertiser]

Give it a [e-mail] Switch limited time.

[Mint Mobile Terms Announcer]

50 off regular price for new customers. Upfront payment required 45 for 3 months, $90 for 6 months or 180 for 12 month plan taxes and fees. Extra speeds may slow after 50 gigabytes per month when network is busy.

[Co-host (likely Stacy Herbert)]

See terms funded with the forfeited Bitcoin rather than the new taxpayer purchases now. On January 16, senior White House officials said the Bitcoin reserve remains a priority for the administration outside the US Countries such as El Salvador and Bhutan have already incorporated Bitcoin into their national strategies. Obviously Bitcoin country being the first back in 2021 thanks to Bukele. Also state link mining operations using their Bitcoin back longer term development projects and special economic zones. So There you go. Kansas, another state looking to adopt some Bitcoin through some ETFs. No telling what the Consp misselling Bance next story US bank lobby says stop in the Stablecoin yields is a top 2026 priority the American Bankers association has made cracking down on stablecoin yield a top priority for the new year amid the ongoing debate with US Lawmakers that it will hurt the banking industry's competitiveness. They said Tuesday one of the several priorities it has this year is to stop payment stable coins from becoming deposit substitutes that slash community bank lending by prohibiting paying interest yields or rewards regardless of the platform. Stablecoin oversight topped a list of five priorities, which also included fighting financial fraud, stopping arbitrary interest rate caps and focusing on indexing and mission driven banks. Also, their CEO said the priorities are guided by input from various banks and businesses of all sizes and models. All I gotta say is buck the banksters and their cartels. Just saying. Especially Jamie Demon, JP Morgan Chase, the official banking institution for Epstein and his clients who are currently running the show we call the US Government.

[Nipinator]

The dispute between the association and the.

[Co-host (likely Stacy Herbert)]

Crypto industry is over whether the yield bearing stable coins will pull deposits away from Trish. Of course it will and that's why they're so concerned and that's why they're blocking it. Obviously if you had the option, hypothetically speaking, hear me out. And they said, hey, you could put your money in the stable coin and earn hypothetically a 5% yield doing nothing. Or you can take your cash and put it in the bank. You know the fractional reserve, legacy banking system.

[Nipinator]

And there's no guarantee that you'll get this back in the future, especially if.

[Co-host (likely Stacy Herbert)]

There'S a bank run. But they're not going to tell you the fine print. They're going to say FDIC insured, look at that, up to $250,000, nothing can go wrong.

[Nipinator]

But the reality is what kind of.

[Co-host (likely Stacy Herbert)]

Yield are you earning? Practically nothing.

[Nipinator]

In fact, you're losing money like a melting ice cube as Sailor once described it as. Because due to inflation, right. If your yield isn't outpacing the percentage of inflation, you're really losing money. So it's a losing game storing fiat in the bank. That's why Sailor calls those folks poor. So what would you choose?

[Co-host (likely Stacy Herbert)]

And of course the bankers are going.

[Nipinator]

To not want that. I mean basic common sense, know what I mean? Bank of American CEO also argued earlier in the month that up to 6 trillion could move out of the banks into interest paying.

[Co-host (likely Stacy Herbert)]

Exactly.

[Nipinator]

They don't want 6 trillion moving out of their bank into stablecoins.

[Co-host (likely Stacy Herbert)]

So they're against it.

[Nipinator]

And although the Genius act passed last year prohibited stablecoin issuers from offering interest. Exactly. And that's why it's not a go right now. Because of the bankers lobbying behind closed doors. They're scared shitless. Circle CEO says concerns are totally absurd.

[Co-host (likely Stacy Herbert)]

Let's see.

[Nipinator]

The Community Banker Council told the Senate it must put provisions of market structured legislation to tighten stablecoin rules to prevent issuers from offering yield through third. Again, Circle, they're bad actors, they're anti Bitcoin folks and they're not to be trusted. And of course they're going to stick up for the bankers and want these provisions added. I am not surprised whatsoever. And then we have, let's see. Anthony Scott amud she of Skybridge said that a prohibition on yield bearing stables puts the dollar at a competitive disadvantage to China's digital un. A yield bearing central bank digital currency. Why do we give a about Chinese central bank digital currencies, US dollars, digital dollars, stable coins disguised obviously as CBDCs. Etc. Okay, let's continue knocking out the news. Joe, I think a couple of more stories yet. Last two stories of the day. This one, Trump sues JP Morgan, God bless him in Florida court for 5 billion over the banking claims. According to the latest report. That's right. Trump filed a lawsuit in Florida State against JP Morgan claiming that the banking giant terminated accounts connected to the President and his businesses without warning or provocation. And I believe they did the same thing to Jack Mers. In fact, he framed it as proof of work. So shout out Jack. And according to the Bloomberg report, Trump filed a complaint in the Miami Dade county state court seeking 5 billion in damages. Good for him. From JP Morgan and its CEO Jamie Demon, everyone's least favorite billionaire banking cartel. Epstein client facilitator. You know the complaint was not available on the course public docket at this time. The lawsuit accused J.P. morgan of trade.

[Co-host (likely Stacy Herbert)]

Libel and breach of implied covenant of good faith and diamond of violating Florida's deceptive trade practice law.

[Nipinator]

Spokesperson for the bank said the lawsuit.

[Co-host (likely Stacy Herbert)]

Had no merit And JP Morgan does not close accounts for political or religious reasons. We know for a fact they close accounts for political reasons. Just like YouTube. Deja vu. Now one of the Trump's main arguments for the debanking lawsuit, according to the January 17 social media post, was around the claims that on January 6, 2021 attack of the US Capitol by his supporters was the correct action given that the 2020 election was rigged. Trump lost the election by 74 electoral votes by President former President Sleepy Joe Creepy Biden, I guess. Do you want me to read this whole Trump post? I might as well. This is what Trump had to say. A front page article in the Fake News Wall Street Journal states without any verification that I offered Jamie Dimon a JP Morgan Chase a job as the Fed Chairman. This statement is totally untrue. There was never such an offer. And in fact I'll be suing JP Morgan over the next two weeks for incorrectly inappropriately debanking me after the January 6th protest. A protest that turned out to be correct. For those doing the protesting, the election election was rigged. Why wouldn't the Wall Street Journal call me and ask whether or not such an offer was even made? I would have very quickly told them no and that would have been the end of the story. Also, one was led to believe that I offered Jamie diamond the job of Secretary of the Treasury. But that would be one that he would be very interested in. The problem is I have Scott Besson doing a fantastic job, a superstar. Why would I give it to Jamie? No Jamie, tape worm please. No such offer was made there even though of either the Wall Street Journal ought to do better fact checking or it's already strained. Credibility will continue to dive. Thank you for the attention in this matter. And kudos to Trump for calling out.

[Nipinator]

Corrupt banking cartel JP Morgan Chase, the official banking institution for Epstein and his clients. And God bless him for suing them for $5 billion, you know, for unlawfully doing the bullshit in which they did.

[Co-host (likely Stacy Herbert)]

In which we know they do, in.

[Nipinator]

Which we know they're guilty of allegedly, you know. But in August, Trump signed the executive order going after pol politicized unlawful debanking by ordering U.S. regulators to look into the claims and drop measures to prevent the banking in the future. Some Republican lawmakers in Congress also call for the market structure bill in their consideration in the Senate to address the issue. And even before Biden left office back In January of 2025, Republican lawmakers and government officials had been pushing for investigations or policies addressing claims into banking. The claims were dubbed as Operation Choke 2.0. Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. Do you ever find yourself playing the budgeting game? Well, with your name, your price tool from Progressive you can find options that fit your budget and potentially lower your bills. Try [e-mail] Progressive Casualty Insurance Company and affiliates Price and coverage match limited by state law, not available in all states.

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[Co-host (likely Stacy Herbert)]

What do you have to lose?

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[Nipinator]

That's the reason I'm not on fucking YouTube. They demonetize my my account clearly because of my beliefs and what I represent and how I talk. I'm not, you know, being an advocate for self custody, not trusting, you know, the Biden administration and just speaking truthfully as I'm notorious for doing so. I probably got blacklisted and they're like let's demonetize the. And that's why I stopped promoting their platform. We started boycotting the YouTube and now Bitcoin news alerts. Our new home is obviously the Rumble where they respect our free speech, you know, and respect our first amendment right to free speech first and foremost.

[Co-host (likely Stacy Herbert)]

So long live the Rumble.

[Nipinator]

Now for our feature story of the day. Bitcoin price to 500,000 per coin top.

[Co-host (likely Stacy Herbert)]

Proponent shuts down the bare market FUD.

[Nipinator]

Exactly what we're going to do. Bitcoin USD price proponent Luke Broyles dismisses the speculation that bitcoin is in a bare market. Predicts outcomes between 250 GS and 500,000 per prelo bitty.

[Co-host (likely Stacy Herbert)]

Take that evildoers.

[Nipinator]

Analysts stand on his earlier analysis that bitcoin will bounce back. Come on bounce. Climb into a new all time high. Also, Thailand's SEC pledges support for crypto by planning to introduce comprehensive ETF regulations. I did see that in the headlines yesterday yo. So yeah. Luke Broyles, a longtime bitcoin advocate says the USD price speculations for bitcoin currently in a bear market saying that speculation is inaccurate. In fact he predicts bitcoin could hit a half a million per coin based on the current price movement of gold. As you know, gold has been breaking out going parabolic. It's almost now $5,000 an ounce.

[Co-host (likely Stacy Herbert)]

That's right.

[Nipinator]

Broyles pushes back against a pessimistic bitcoin price prediction focusing on historical performances of the price relative to gold. Specifically responding to a post from market analyst Zinx. In the post Zink said the bitcoin.

[Co-host (likely Stacy Herbert)]

USD price is in a bare market confirmed by the pricing in gold. Zinx pointed out that bitcoin is down approximately 50% over 12 months against gold. The analyst added the bitcoin would need approximately 116% increase to surpass its previous all time high. And as you can see here, Luke.

[Nipinator]

Broy's responding to this guy Zinx.

[Co-host (likely Stacy Herbert)]

He put bitcoin usually does a 2x against gold once it reaches an all time high that would be 382000 per bitcoin today. In reality probably 250 to 500 000. It depends on what gold does. Don't sell your bitcoin hoping it goes the 40 000. And that's the message we need to take out of this. Just because there's some perma bears suggesting bitcoin crash into 50 GS, 60 GS 40, 40 GS or like McGlone 10,000 doesn't mean there's any accuracy in it whatsoever. It's just bears being bears, you know what I mean? So considering this zinc snoted the Bitcoin USD price needs to climb about 191000 before a true bull market is confirmed. He therefore urged investors not to get fooled by the US dollar debasement and responding. Broyles argued when bitcoin hits an all time high, the price usually increases twofold against gold. So take that gold bugs and remember gold is the poor man's bitcoin. Now at the current prices at 2x from the recent base would point to Bitcoin around 382G's according to Luke Broyles. More realistically, the bitcoin proponent noted Bitcoin would fall probably somewhere between 250 and 500000 depending upon the gold price movements. Finally, he dismissed extreme bearish views that expect bitcoin price to crash to 40. And I, I'm in agreeance with that. I completely reject bitcoin going to 40 GS but it, if it did, I'd be lining up, you know what I mean? Do whatever you got to do. Sell your nipinators, you know, whatever you got to do. Put the ant farm up for adoption and raise some funds, garage sale, whatever it takes. And stack the SATs. That'd be a hell of a discount. 4,080, 120, that's like a third of the price from the all time high. That's not a bogo. Buy one get one, that's like buy one get two free. That's like a public special. I mean so I'm all over it. So whatever happens, happens. Another analyst, crypto Messi said he also raised a bullish prediction on the bitcoin price. He said bitcoin's recent price movements are matched in his Jan. 9 analysis that the chart set up exactly as expected. In the January 9 analysis, the analyst revealed the price was trading sideways inside to define price range highlighting the red lines mark the upper lower boundaries of the consolidation zone and that the bitcoin price persistently bounced between the lines without breaking out. The analysts also urge users to watch the four hour CME gap which I believe we just closed the last gap that was present just here over the past 24 hours. So that's a good sign that we can continue the bullish momentum as well. Yeah, I mean also let's touch upon the Thailand Bitcoin ETF impact on the price. This was I saw in the news actually yesterday we didn't get to cover it because we had so many stories but here's a great opportunity. Parallel development Thailand SEC has announced a plan to release comprehensive regulation for crypto ETFs this year. Of the new rules will cover investment operational requirements for the crypto ETFs accordingly will treat bitcoin and other digital assets as a formal asset class under the Derivatives Act. And according to the reports, the Thai SEC plans to introduce crypto futures trading on the Thailand Futures Exchange. Thai regulators claim the crypto ETFs are practically attractive or particularly to the investors because they eliminate concerns over hacking and wallet security.

[Nipinator]

This upcoming regulatory expansion builds on Thailand's.

[Co-host (likely Stacy Herbert)]

Prior progress of the crypto space.

[Nipinator]

Last year, Thai government said it planned to modernize financial markets while supporting digital assets. In the previous year, Thailand's cabinet did approve a tax exemption for crypto earnings to promote investment token fundraising and there you go, yo. So there is bullishness in the market. You don't have to buy the hype from the pessimistic perma bears, you know. And you let me know where you think the bitcoin price will likely take us next.

[Co-host (likely Stacy Herbert)]

Can you see 500, 000 in the.

[Nipinator]

Cards for this cycle?

[Co-host (likely Stacy Herbert)]

I know I can. You know anything could happen. Remember, there's no telling with a constipated Ms. Yellen Finance.

[Nipinator]

And last we checked, she's still stuck.

[Co-host (likely Stacy Herbert)]

At the hospice in the restroom.

[Nipinator]

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.

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