Wall Street veteran Max Keiser believes a supply shock will fuel Bitcoin’s rise to one million dollars and is convinced institutions will find ways to purchase Bitcoin directly from miners and effectively box retail investors out.

VanEck, which manages about $49 billion in assets, published a report comparing Bitcoin’s volatility to the stocks on the S&P 500 index which  showed that Bitcoin was less volatile than one 145 stocks on the S&P Index over the past 365 days.

The founder and CEO of the world’s largest publicly traded business intelligence firm says that it will only take a handful of multi billionaires to make the price of Bitcoin skyrocket.

Ricardo Salinas Pliego, a Mexican business magnate, and industrialist, has come out to double down on his support for Bitcoin during the asset’s price rally.

Bitcoin has broken its previous highest ever price level relative to the Colombian pesos, the Brazilian real, the Turkish lira, the Argentine peso, the Sudanese pound, the Angolan kwanza, the Zambian kwacha and the Russian ruble.


So how long before Bitcoin reaches an all time high against the US Dollar?

In a new interview with Bankless, Pal says he believes such an attempt to ban Bitcoin would be futile.

In a new episode of Fast Money, CNBC’s Brian Kelly the chief executive officer of digital currency investment firm BKCM says the stark contrast between Bitcoin’s fixed supply and seemingly endless money printing from governments will only become more magnified as fiat currencies around the world go digital.

Measured in Big Macs, Bitcoin’s purchasing power is approaching its highest level since the 2017 bull market, offering yet another indicator of Bitcoin's rapid appreciation.

American billionaire Stanley Druckenmiller has changed his mind about Bitcoin, saying it has the potential to store value for future generations.

Cynthia Lummis, a Republican Senate candidate, has managed to successfully defeat her Democratic counterpart. As a result, she now holds a six year term as one of the senators from the state of Wyoming.