Bitcoin News Alerts | Daily BTC News

Episode 2261: Eric Trump Doubles Down: Bitcoin Is Headed to $1M
Date: February 23, 2026
Host: JV (Bitcoin News Alerts)

Episode Overview

In this charged episode, JV breaks down the ongoing Bitcoin market correction, zooms in on institutional and corporate treasury activity, analyzes the ripple effect on altcoins (notably Ether), and highlights two major bullish stories: Missouri’s push for a Bitcoin strategic reserve and Eric Trump's high-profile, $1M Bitcoin prediction. The tone is fast-paced, raw, and unfiltered, with a clear Bitcoin-maximalist perspective. Featured are macro updates, market sentiment analysis, legislative moves, and crypto-leader optimism amid current pricing struggles.

Key Discussion Points & Insights

1. Market Correction and Sentiment

• Bitcoin Price Action:

  • Bitcoin is sitting just above $65,000, down 3% for the day, with most of the crypto market in the red (01:27-03:50).
  • "It's all down, BTFD in this," JV says, referencing the 'buy the dip' mentality.
  • Crypto Fear & Greed Index has dropped to ‘5’—extreme fear—declared lowest of the cycle, akin to post-FTX-collapse lows.

• Candle Analysis:

  • Multiple consecutive red candles (hourly, daily, weekly, monthly timeframes) indicate persistent bearishness (05:15-06:20).
  • "Not a good look, bro. 1, 2, 3, 4, 5, 6 consecutive red candles. The one we just witnessed is as of today it's bigger than the last two combined weeks in a single day. That's just mind boggling, yo." – JV (06:20)

2. Corporate Treasury Movements and Institutional Activity

• MicroStrategy (Saylor’s Company) Bitcoin Buy:

  • Purchased 592 Bitcoin for $40 million, marking their 100th buy since 2020 (09:25-12:40).
  • Total holdings: 717,722 BTC at an average of $76,000 per coin (current holdings down).
  • “Remember, if it’s not going to zero, it’s going to a million. That’s a reminder from Saylor.” – JV (12:00)

• Corporate Treasury Selling:

  • Public companies showed a rare three-week selling streak (07:10-08:45).
  • Smaller firms like Kango and Exodus pared back, while top holders remain steady.

• ETF and ETP Outflows:

  • Crypto funds saw $288 million outflows last week, keeping a five-week streak of continuous withdrawals (17:07-18:30).
  • “Bitcoin remained the key driver of the negative sentiment on the crypto funds… signaling persistent bearish sentiment.” – JV

• Fee Competition Among ETPs:

  • CoinShares cut its flagship Bitcoin ETP management fee to 0.15%.

3. Altcoin and Ether (ETH) Troubles

• Deepening Paper Losses for Corporate Ether Holders:

  • Bit Mine's unrealized losses top $8.8 billion as ETH trades well below acquisition cost (14:15-17:07).
  • Ether at $1,800–$1,900 range; top shareholders include BlackRock, Morgan Stanley, Arc Invest.
  • “If you think Bitcoin treasury company is under pressure, Ether is more under pressure.” – JV

• Altcoin Relative Performance:

  • “Let’s spit facts. If Bitcoin continues to correct hypothetically and let's say it dropped to 50,000, another 14,000 drop ether is going to get demolished because you know Bitcoin's still the greatest store value.” – JV

4. Legislative and Macro Headlines

• Missouri’s Bitcoin Strategic Reserve Bill Moves Forward:

  • House Bill 2080 advances, would authorize the state to buy and hold Bitcoin for five years (19:00-21:55).
  • “House Bill 2080… would let the state treasurer invest, purchase, and hold crypto… State treasurer can accept gifts, grants, and donations from Missouri residents or government entities to help fund the reserve.” – JV (19:00)
  • Potential for $23B in demand if more states adopt strategies, according to VanEck.

• Trump Tariffs Add Market Uncertainty:

  • Trump raises global tariff rate from 10 to 15% following court battle, adding short-term uncertainty for Bitcoin demand.

5. Eric Trump’s $1 Million Bitcoin Call

• Eric Trump Doubles Down:

  • At the World Liberty Financial Forum at Mar-a-Lago, Eric Trump maintains his Bitcoin prediction: “Bitcoin will eventually reach a million. We know it's inevitable… I've never been more bullish on bitcoin in my life. I have never been more bullish on cryptocurrency in my life.” – Eric Trump (22:15-24:50)
  • Reiterated BTC’s 70% average annual gain over the last decade, challenging Peter Schiff and traditional asset performance.
  • Eric Trump’s previous 2025 BTC predictions (targeting $175,000) proved optimistic – BTC closed 2025 at ~$88,000, now correcting.
  • “You're going to have volatility with something that has tremendous upside… common sense, wouldn't you say?” – Eric Trump (23:40)

• Influence of Billionaire Behavior:

  • Reference to Mexican billionaire Ricardo Salinas’ heavy BTC stack: 70% of net worth in Bitcoin.
  • JV's take: “In my opinion, that is the smart money. They know. Are they panicked right now? No. Highly doubt it.”

6. Community & Cultural Highlights

• Bitcoin OGs and Cultural Riffs:
  • Segments featuring poetic, musical, and spoken word Bitcoin maximas by Max Keiser, Stacy Herbert, and community members, celebrating Bitcoin ethos and El Salvador developments (27:13–31:37).
  • Notable lines: "Fiat is blasphemy, profanity, insanity, God, acting, humanity. Fiat priests preach lies… Bitty samurais cutting through depravity with cryptographic clarity…" (28:00)
  • “Max hits the stage and the crowd leans in. He speaks with passion and conviction. He inspires adoption of the bit while flipping banker scripts. This isn't noise. This is our voice.” (27:40)

Timestamps for Important Segments

• [01:27] – Market update and price action across BTC/ETH/Solana
• [05:15–06:20] – Multi-timeframe technical analysis: “1, 2, 3, 4, 5, 6 consecutive red candles…”
• [07:10] – Corporate treasury stretches: selling streak begins
• [09:25–12:40] – MicroStrategy/Saylor’s 100th buy, BTC accumulation stats
• [14:15–17:07] – Ether treasuries in distress and institutional reactions
• [17:07–18:30] – ETF/ETP outflows, fee cuts
• [19:00–21:55] – Missouri’s strategic Bitcoin reserve bill
• [22:15–24:50] – Eric Trump reiterates “BTC to $1M”, bullish statements, and market context
• [27:13–31:37] – Cultural/poetic segment with Max Keiser, Stacy, and community

Notable Quotes & Memorable Moments

• “Not a good look, bro. 1, 2, 3, 4, 5, 6 consecutive red candles. The one we just witnessed is as of today it's bigger than the last two combined weeks in a single day. That's just mind boggling, yo.” — JV (06:20)
• “Remember, if it’s not going to zero, it’s going to a million.” — JV channeling Saylor (12:00)
• “If you think Bitcoin treasury company is under pressure, Ether is more under pressure.” — JV (14:20)
• “Bitcoin will eventually reach a million. We know it's inevitable… I've never been more bullish on bitcoin in my life. I have never been more bullish on cryptocurrency in my life.” — Eric Trump (23:40)
• “Fiat is blasphemy, profanity, insanity, God, acting, humanity.” — Max Keiser poetic segment (28:00)
• “Max hits the stage and the crowd leans in. He speaks with passion and conviction. He inspires adoption of the bit while flipping banker scripts.” (27:40)

Summary Flow

• Bearish Market dominates the first half: chronic red candles, dropping sentiment, and major outflows, especially in corporate treasuries and ETPs.
• Saylor’s Accumulation stands out as a bullish counter-narrative—MicroStrategy keeps stacking Bitcoin.
• Altcoins (notably Ether) are under severe pressure, escalating losses for major corporate holders.
• Policy and Macro: Missouri positioning itself for state-level Bitcoin adoption, while federal policy uncertainty continues with new Trump tariffs.
• Eric Trump’s Reassertion of extreme long-term bullishness stands in sharp contrast to current price action, offering a rallying message to Bitcoin loyalists.
• Maxi Culture & El Salvador: Episode closes with a celebration of Bitcoin maximalism, poetic rants against fiat, tributes to El Salvador’s “Bitcoin Country,” and calls for continued “stacking” and sovereignty.

Tone

• Unfettered, relentless Bitcoin maximalism
• Emphasis on “stacking sats,” holding through the cycle, and Bitcoin as a path to sovereign wealth
• Community-driven, celebratory, and at times irreverent

For listeners looking for a deep dive into market reality, institutional moves, maximalist optimism, and the cultural currents around Bitcoin, this episode provides a raw, unfiltered look at the state of the crypto nation in early 2026.