Share Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
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By Justin Verrengia
3.8
537537 ratings
The podcast currently has 2,388 episodes available.
"If President Donald J Trump does not walk out on stage to Bitcoin prices ripping through ATHs we will have brought shame and dishonor to Bitcoin. Satoshi will never forgive us." - David Bailey (CEO Bitcoin Magazine)
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VanEck’s projection of Bitcoin skyrocketing to $52.38 Million per BTC is based on a detailed analysis of global trade, GDP growth, and Bitcoin's monetary velocity.
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The Justice Department holds about 200,000 units of bitcoin so the United States is the largest holder of Bitcoin, and so they could easily just move that over to the Department of Treasury and start right there and have $13 billion worth of bitcoin on the balance sheet.
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Since Max Keiser broke the news first last week about Trump planning to make a big announcement to adopt Bitcoin for the USA at the BTC conference in Nashville, main stream media outlets such as Forbes and CNBC have now also reported the same. Max says, "Bitcoin is heading to $5,000,000 per coin with or without Trump.
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Bitcoin traders have 'Not Priced In' possible Trump Victory and the idea of the U.S. holding Bitcoin as a reserve currency under Donald Trump which would send the Bitcoin price to $1,000,000 per coin.
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As Bitcoin price soars on rumors Trump will create a U.S. Bitcoin strategic reserve, Max Keiser responds: “I doubt the U.S. has the brains to add Bitcoin to reserves. JealousDonald is no President Bukele. Bitcoin going to $5M with or without the US.”
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“As Bitcoin closes in on becoming ‘Strategic Reserve Asset’ in the USA it’s entirely possible (with a Trump victory) that Bitcoin will be well on its way to $1,000,000 a coin. That means the $13.5 billion in BTC currently held by the US Marshall’s will be worth $210,000,000,000", says CEO of the Satoshi Action Fund Dennis Porter.
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People don’t believe the USA could implement a Bitcoin Strategic Reserve but at this point with Trump it is inevitable as Trump is set to announce a USA Bitcoin strategic reserve in Nashville, according to multiple sources including Max Keiser and Dennis Porter.
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According to Dennis Porter, co-founder of the non-profit organization Satoshi Act, Donald Trump intends to unveil Bitcoin as a strategic reserve asset for the United States.
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“Conversely, Bitcoin price keeps heading to $1M as the devil’s fear-based fiat world keeps crumbling. Faith beats fear every time.” - Max Keiser
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