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2270: Bitcoin $750K Target Builds as Critics Push Back
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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 it@progressive.com Progressive Casualty Insurance Company and affiliates. Not available in all states or situations. Prices vary based on how you buy.
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For a long time, companies treated their learning programs like overhead. Nice to have, easy to cut. Not anymore. With tech, AI and skills evolving fast, learning isn't just about HR or mandatory compliance. Learning is a competitive advantage. It's how you keep up. Learning is how you enable sellers onboard talent, educate customers and scale faster. It's how you act, adapt and evolve. And at doceable, learning is what we do. So for learning that never stops, start with Docebo. Docebo Never Stop Learning.
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Welcome Bitcoin fam to the number one bitcoin bitcoin pod. Bitcoin's having a hell of a pump on the day. Up over $5,000 which we love to see. In today's show, we'll discuss Arthur Hayes just dropped a massive bitcoin price prediction. Bitcoin hitting 750, 000 because the governments cannot stop printing money. But for the real twist, according to Bitwise, the constant attacks from critics like Ray Dalio might actually be the reason bitcoin hasn't already exploded to these extreme levels. And in other words, the criticism is not killing bitcoin but fueling the next super cycle. I'll be breaking down the case for 750,000 BTC. Also breaking news, Donald Trump take swipe at the banks over the stalled crypto bill. Also Eric Trump just made a big announcement as well, including American bitcoin boosting a hash rate. Also big news out of Indiana. Their governor signs a bill allowing crypto and and retirement plans. We'll also be taking a look at the overall crypto market. All this plus so much more right here in today's show. Today is POT episode 2270. I'm your host JV. It's March, March 4th, 2026. Hell of a pump on the day. Up almost 8% over 5,000 in price action. We did recapture 74,000. Not too shabby considering two days ago we're like 63 G's. That's practically a God candle and we're ascending looking to recapture 80 G's. Take that evildoers. But let's kick it off with our feature story of the day, shall we? Arthur Hayes just blaze says the bitcoin price is 750,000 by 2027 because the pretty little money printer will turn on and go burr. And also we have. Are the critics holding back the price from 750? Well according to the bitwise executive, that's exactly what's happening. So I got two 750, 000 bitty price predictions but let's start right here. Arthur Hayes not backing down on his bitcoin price predictions. The Bitmax co founder sticking to his bull call of 250 GS for this year 2026 and then 750,000 which is practically another half a million increase over the next year 2027. Still one year prior to the next having of 2028. In his view, this cycle is not about the charts, it's about the liquidity. Take that lizard folk. Hayes argues the Trump admin will eventually flood the system with the money to stabilize the growth and keep the voters calm. That wave of liquidity, he says is rocket fuel for the hard assets like bitcoin. And while the retail panics through corrections, you know, the weak hands, the port noise, the cabbage hands, Hayes is betting on the fiscal dominance. His thesis, simple government spend currencies weaken, scarce assets go vertical. A simple stock to flow, supply, demand key takeaways. Arthur Hayes's Blaze projects 250 GS this year 2026 and 750 GS in 2027. Let me know your thoughts. The forecast relies on the liquidity cycle driven by the U. S fiscal spending. And the institutional flows remain strong with 458 million entering the ETFs which we'll dive into a little later. So yeah, Arthur Hayes on why Trump's money printing will Send Bitcoin Price 750G's governments facing voting pressure will spend aggressively even if inflation lingers. More spending, more debt. More debt eventually means more money creation and that is bullish of course for the most scarce and rarest assets and the hardest money to ever exist, the btc. Hayes is framing this around one thing, the key word liquidity. He also ties it into the geopolitics. Prolonged US Iran conflict in his view, gives the Fed cover to ease the policy. Again, history shows during major wars liquidity tends to expand, not contract. So if conflict is financed through this debt, the system absorbs it through the monetary expansion. So that's how we're likely to jump from where we're at today in the 70s to 250 before the end of the year, which will be a hell of a Run up and you know again 550, even as high as 750, 000 on a bull scenario. And that's before the having of 2028. And you already know the year the having. We always go parabolic. So what are your thoughts on this bullishness? Do let me know. And transitioning to the next $750,000 call. We're going to transition right here. Bitcoin's long run traditional macro investors resurfaced this week after billionaire hedge fund manager Ray Dalio reiterated his skepticism. Which is kind of ironic because he's been bullish on bitcoin at times and then you see him coming out as a total bear. The criticism has prompted swift responses from prominent crypto advocates who argue the criticism is precisely why bitcoin has room to grow. For example, Matt Hoogan, the bitwise chief investment officer claimed we would have already hit 750,000 per coin by now if the critics didn't exist. You know, the fudsters. And speaking on the allin pod, Dalio outlined several concerns about Bitcoin suitability as money. Here's what he voiced. Bitcoin does not have privacy. Noting transactions on a network can be monitored and potentially controlled. Well, they can absolutely be monitored. That's what the blockchain is. It's a public ledger. You know, however controlled to a certain extent they can control the on ramps and off ramps and but they can't reverse the transactions or control it like they can the US dollar. So let's get our facts straight, Mr. Dalio. He also raised questions about his technological and market risk, including the potential impact of quantum computing. So he's out there spreading the fud. I mean look, his face says it all. But what do you expect from a boomer? You know, I'm not surprised. He says it's relatively a small market that's a relatively controllable market. Now that's why I believe there's so much opportun, you know, embrace the fact we're only at a 1.3 trillion market cap and we could potentially hit 200 plus trillion market cap over the next 10 years which we've been discussing on the show. That's opportunity. If you're to ask me we're going to overtake the gold market cap of 40 trillion and that gives us a freaking 30 to 40x run up. Send it. But the billionaire investor added the bitcoin price behavior is raising concerns for diversified portfolios. He says it tends to have a pretty high correlation with the tech stocks. Well, keep in mind, bitcoin's on its own trajectory. Hogan pushed back on Dalio's critique, arguing concerns highlighted by skeptics are precisely what creates the bitcoin long term investment opportunity. And I'm glad he brought this up. He says here some hear criticism, I hear opportunity. That's precisely when I hear when people blatantly express how much they don't understand bitcoin unless they're just purposely fighting it for their, you know, lizard handlers. You just never know in today's day and age. Hogan added that the assets upside demands on these concerns gradually are being addressed. He says, I invest in Bitcoin in part because I'm confident these things will change over time. Now wider industry respondents we have CEO Bill Barr Height of Abra or Abra Abra Cadabra who posted a lengthy response defending the bitcoin fundamentals. He pointed out bitcoin is comprised of exactly 2.1 upper arrow 15 sats, whatever that means. I'm not a genius with the mathematics, but I think it probably means something. There can only be 21 million bitcoin. Let's keep it at that. And it will never ever grow larger than that number. So they cannot manipulate the supply like they can do on every other asset class. Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. Do you ever find yourself playing the budgeting game or well, with your name your price tool from Progressive you can find options that fit your budget and potentially lower your bills. Try it@progressive.com Progressive Casualty Insurance Company and affiliates Price and coverage match limited by state law, not available in all states.
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For a long time, companies treated their learning programs like overhead. Nice to have, easy to cut. Not anymore. With tech, AI and skills evolving fast, learning isn't just about HR or mandatory compliance. Learning is a competitive advantage. It's how you keep up. Learning is how you enable sellers, onboard talent, educate customers and scale faster. It's how you act, adapt and evolve. And at doce, learning is what we do. So for learning that never stops, start with Docebo do never stop learning in
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history including gold and silver, which you'll just dig more and find more from the ground. And in other words, bitcoin is super scarce compared to gold. And the way I like to put it, Bitcoin has true scarcity. It's the only asset class with true scarcity because it's hard cap with their finite limited supply, Gold increases to the market 1 to 2% every single year without fail because they just invest more into finding the precious metal. And I do believe the precious metal markets are 100 manipulated. Diamond markets, oil markets, you name it. But the one market they do not have complete and utter control of is bitcoin and its scarcity. And that's why it's on a one way trajectory through the firmament. Up, up and beyond. Okay, yo, next story and we'll keep this conversation moving. Big story here. Mr. Trump takes a swipe of the banks over the stalled crypto bill. Let's start directly with what he wrote. I'm assuming this was posted on Truth Social. His son Eric Trump posted what his father said and I'll give you the response from Eric. But. But Donald J. Trump posted this. The Genius act is being threatened and undermined by the banks and that is unacceptable. We're not going to allow it. The US Needs to get the market structure done asap. Americans should earn more money on their money. The banks are hitting record profits and we are not going to allow them to undermine our powerful crypto agenda that will end up going to China and other countries if we don't get the Clarity Act Taken care of. The Genius Act. He needs to start typing with spaces and paragraphs. And the Genius act was the USA's first big step to make the US the crypto capital of the world. Getting the Clarity act done is the next step to finish the job and most importantly, keep this big and powerful industry in our country. The banks should not be trying to undercut the Genius act or hold the Clarity act hostage. They need to make good deal with crypto industry because that's what's in the best interest of the American people. This industry cannot be taken from the people of America when it is so close to becoming truly successful. Thank you for your attention to this matter, President Donald J. Trump. Eric Trump reiterated here the big banks, the very institutions that have held the monopoly and screwed their customers for years, offering near zero yields on retail money market accounts, crushing low balance accounts with exorbitant fees, are now doing everything they can to block the crypto industry from offering real benefits, perks and rewards on their platforms. They are the greatest hypocrites and are in a mass panic given they know they're losing the digital finance race. And then he tags World Liberty Financial or Defi Platform. And I wrote something along the lines here. Big banks hate the competition. They've profited for decades off the zero yield savings and endless fees. Now they're panicking like Karen's given people in crypto the alternative. The real question isn't whether the banks will fight it, it's whether the US chooses to lead the digital finance era or watch it move elsewhere. You let me know how you think this will play out and do you think this will get done and move forward American Bitcoin boost the hash rate with 11,298 new Bitcoin mining machines this is bullish especially consider the second largest Bitcoin corporate holder Mara announced offloading their stash of over 50,000 Bitcoin yesterday while American Bitcoin and the Trump family is ramping up production. That's right, Trump family backed American Bitcoin said on Taco Tuesday it expanded the fleet of the bitcoin mining machines, increasing computing capacity as competition amongst large scale miners intensifies. Only the strong survives. The company acquired almost 11,300 new application specific integrated circuit miners as six, which are expected to add 3.05 exahashes per second to its operations once it's deployed at its Drum Heller, Alberta site this month. Also heard Iran was controlling 5% of the Bitcoin hash rate and obviously with the war I I guess that's going to be dispersed elsewhere which is bullish for bitcoin. Now the purchase will boost the American Bitcoin's fleet size to 89, 000 miners representing 28 exahashes of own capacity. The additional machines are rated about 13 and a half joules per tera hash, a measure of energy efficiency that can influence operating margins in an industry where electricity costs are the primary expense and my understanding in Iran probably had amongst the cheapest of the cheapest electricity, you know. The expansion increases American Bitcoin share the global Bitcoin network total hash rate, modestly improving its probability of earning the block rewards. However, higher computing power does not automatically translate into the higher revenue mining profitability remains dependent on the bitcoin market price, network difficulty levels and energy costs. Currently the network Difficulty stands at 144 terahashes, a meaning 144.4 trillion hashes are needed to find a valid block hash. It's mind boggling if you really fathom how big of a number that is.144 trillion hashes know just to get a block reward and it has been at that level since February 19th. Shares of the American Bitcoin were a little changed following the announcement before trading lower into the Tuesday session, broadly in line with the weakness across the equity markets. American Bitcoin, which went public last year through the reverse merger of the GRON Digital Mining, adopted the Bitcoin centric corporate strategy extending beyond the mining operations. In addition to expanding the hash, the company accumulated more than 6,000 of the bitty on the balance sheet, according to the industry data. The strategy mirrors a growing trend amongst mining companies that retain a significant portion of the bitcoin they mine rather than sell it immediately, effectively using production to build the long term exposure to the asset. Hodling large bitty reserves can amplify the gains during the price rallies, strengthening the company's balance sheet and potentially enhancing the shareholder value. However, the strategy also increases exposure the price volatility so when we correct they can be at a loss. Unrealized at least and you can see the big news here. Justin Eric Trump says the largest financial institutions of the US are adopting Bitcoin, putting private wealth clients into crypto with allocations as high as 6%. Why so bearish? Big money folks. It's the asset of our generation. I got to agree with that. American Bitcoin now holds over 6,000 of the BT to the sea. Next storyo the Indiana governor signs a bill allowing crypto and retirement plans. That's right Indiana. Please stand up shout out to the Indiana Pacers. I'm old school Reggie Miller days. But anyways, they're going to start allowing certain retirement and saving plans to include crypto investments and have enacted stronger legal protections for the industry under a newly signed bill. That's right Governor Mike Brown Today's episode of Bitcoin News Alerts is brought to you by Progressive Insurance. Fiscally responsible financial geniuses. Monetary magicians. These are the things people say about drivers who switch their car insurance to Progressive and save hundreds. Visit progressive.com to see if you could save Progressive Casualty Insurance Company and affiliates. Potential savings will vary. Not available in all states or situations.
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For a long time, companies treated their learning programs like overhead. Nice to have, easy to cut. Not anymore. With tech, AI and skills evolving, fast learning isn't just about HR or mandatory compliance. Learning is a competitive advantage. It's how you keep up. Learning is how you enable sellers, onboard talent, educate customers and scale faster. It's how you act, adapt and evolve. And at doceable learning is what we do. So for learning that never stops, start with Docebo. Docebo never stop learning.
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He signed a bill it's 1042 into law on a taco Tuesday after it passed legislator last Thursday. The legislation requires Indiana State public retirement and saving plans to offer self brokerage accounts with at least one crypto investment option by July of 2027. And according to the bill's description. This requirement applies to the legislators defined contribution plan, the HOOR Start plan, certain public employee retirement funds and specific teachers retirement fund plans. More institutions are adopting the digital assets with Bitbo Est made in over 3.7 million bitcoin worth over a quarter billion are held by the publicly traded and private companies, exchange traded funds and governments. The bill also includes provisions to protect the rights for the crypto users. Under the legislation, public agencies except the Department of Financial Institutions are barred from adopting or enforcing rules that ban crypto payments, self custody or mining. The bill also clarifies that a money transmitter license is not required for apps and software protocols that allow non custodial transfers. Local governments such as countries, municipalities or townships also can't single out crypto mining businesses or home miners with special restrictions not applied to similar businesses or activities in the same mining zone. So at the federal level, President Trump's August executive order democratizing access to alternative assets such as 401k investors directed the SEC to make alternative assets like crypto more accessible and participant directed retirement plans. Some analysts such as Tom Dunle, head of the venture at Very Capital and the former senior analyst of Masari, predicted even 1% allocation to crypto 401ks can bring in 120 billion worth of inflows. Now let your imagination run rampant. What if they upped it from 1% into the crypto 401ks to 5% that's 5x we're talking over 500 billion half a trilly 10x over trilly I say send it. Next up US spot Bitcoin ATFs add 225 million as black rock I bit offsets to redemption and you can see inflows are like a reflection of the price action. We're having a hell of a pump on the day. It's all due to these inflows. Yo US Spot Bitcoin ETF saw a mixed trading flow on Tuesday with Black Rocks I shares Bitcoin Trust offsetting The redemptions Bitcoin ETFs logging in a quarter billion in net inflows. The gains were driven largely by Ibiz 322 million of inflows which offset the 89 million of outflows by Fidelity and Grayscale. The inflows bring the week's total to 683 million. That's what's up following 787 million in inflows last week, the first positive week after five consecutive weeks of outflows totaling nearly 4 billion. The inflows came as Crypto market sentiment remain cautious with extreme fear persistent despite the bitcoin price rebound and up now 8% on the day and also ether we saw some outflows XRP ETFs also very minuscule inflows but overall the lion shares right now coming from the prelo bitty. Matt Hogan pointed out some here criticism I hear opportunity There are reasons Bitcoin's 4% of the size of gold if these critiques are did not exist bitcoin already be 750,000 a coin. That's what I'm saying. I invest in bitcoin in part because I'm confident these things will change over time. And you can see Ray Dalio just has a face on and he's warning saying there's no privacy central banks won't buy it. Who gives a you don't care if the central banks join team Bitcoin or not Quantum risk jv I rather have the fiat monopoly Illuminati dog dollars says Ray Dalio. Meanwhile bitcoin advocates Matt Hoogan says there's reasons I already said it pointed it out. Bitcoin would be already 750000 per coin right now if we didn't have these fudsters. But the good silver lining precisely where we're headed, you know and remember there's no telling but it constipated. Ms. Yellen finance all right. Bitcoin still do next leg down at 73 price precedes the death cross. In fact we're pumping it up in real time at a time of the life. But a lot of analysts are saying expect a correction down. Okay. Keith Allen Material Indicators warned the bitcoin price weakness was still present beyond the lower time frames. Bitcoin did tap 74000 here today having a hell of a pump. He says this is an important candle to watch on the bitty chart. On the surface we're seeing a short squeeze and from a technical perspective this d candles attempted to to validate the RS flips at the 21 day simple moving average, the 2021 top of 69,000 and the timescape level at 71,300. They also say if the bulls can push the price from here I expect some friction around the psychological resistance of 75 right around where we're at. Also a support test sooner than later would be healthy and I am not sure that the market is going to make it that easy on us. However if this develops in my opinion the longer it takes to grind up the more durable the more the rally will likely be. And I also remind you we have a CME futures gap just above 80Gs, about an 81,000 level. So we may go on up. Move on up like the Jeffersons. Now checking out coinmarcap.com you can see bitty market cap booming today. We ain't seen action like this probably all year. We're up almost 7% on the day, just shy of 2 1/2 trillion total crypto market cap. Bitty market cap also doing its thing today. Almost 1.5 trillion. I love to see that. Checking out top 100 crypto gainers past 24 hours. We got the Doge, we have the SPX and zcash leading the pack doing their thing. Crypto greed and fear index today it's a 10 extreme fear yesterday 14 last week and 11 and last month of 14 and checking out the time Jan calendar. Right now we're on block height 939, 312 and we could exchange one fiat monopoly dollar for 1369 SATs. So you know precisely what to do. You pick up the SATs, pick up some gats, and pick up some bitcoin caps from my man sergio over@bitcoincaps.net and don't forget to check out Bitcoin News alerts.net for the full premium experience with video and to participate in the live stream along with the Q and A. And I look forward to seeing you on tomorrow's episode. Hle.
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It feels like AI can do everything. Write the code, analyze the data. It can even suggest your next move. But there's one thing AI can't do. Think for your people. With AI, the real advantage isn't the tools. Anyone can do that. The real advantage is human readiness. That's why the smartest companies aren't asking, do we have AI? They're asking, can our people keep up to build a learning program that keeps your people ahead. Learn with Docebo. Docebo Never stop learning.