Bitcoin News Alerts | Daily BTC News

The “Sage of Omaha”, Warren Buffett, is quietly coming around to crypto. A recent Berkshire Hathaway filling reveals it dumped shares in legacy financials Visa and Mastercard and sank $1 billion into a crypto-friendly neobank. For the world’s biggest cryptocurrency critic, that’s a big change of heart. In 2020, he said: “cryptocurrencies basically have no value and they don’t produce anything,” adding “I don’t have any cryptocurrency and I never will.” Buffett’s U-turn hints at a critical point in institutional crypto adoption that could put a rocket under BTC and crypto demand (and prices) in the coming years. Learn more about your ad choices. Visit megaphone.fm/adchoices

Popular cryptocurrency analyst and DataDash host Nicholas Merten has an optimistic view on the future Bitcoin price action despite the leading crypto’s most recent market dip. Merten then says Bitcoin prices could fall back even lower, possibly another 25% from current levels, in a worst-case scenario. “We’ve really got a chance here, and I’ll say it more than I think most people will, that we might have gotten it wrong here, and prices might roll back down to this range [around $30,000]. I think that’s the worst-case scenario here for crypto, that we come back down to this consolidation range, kind of like we did back [in June 2021], even though we [recently] had a more heightened breakout in prices.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Shark Tank star and billionaire investor Kevin O’Leary is predicting that Bitcoin, (the king crypto) will surge in value once regulatory clarity is in place. “At some point in the next two to three years, the US regulator is going to rule on cryptocurrencies. And they will rule first on stablecoins and Bitcoin itself… And the very large assets by market cap. As soon as that happens, if I’m running a sovereign fund or a pension plan I’m going to allocate to it probably one to three percent. And I want to long Bitcoin when that happens. You want to talk about Bitcoin going to $100,000, $200,000 $300,000, it’s going to be when institutions can finally buy it.” Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto strategist and trader is predicting that a parabolic rally is in store for Bitcoin in the coming months as he unveils his huge price target for BTC this year. “The prices are going to start moving higher, getting back above this previous resistance range, setting in new all-time highs, and potentially making that range support and having one final spring-up rally going into the close of the year sometime in November. That’s our target. We’ve been talking about Bitcoin reaching $150k, $200k in that time frame.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin OG's Max Keiser and Stacy Herbert have launched El Zonte Capital, an investment firm focused on companies paving the road to hyperbitcoinization. “El Zonte is hyperbitcoinization. Hyperbitcoinization is economic freedom, and hyperbitcoinization is our main investment thesis,” Keiser told Bitcoin Magazine. “After experiencing what it actually looks like, we see this as the inevitable near future for everyone else. We are riding this wave as any surfer would.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Plan B still believes that the king crypto will inevitably skyrocket to $100,000 or more and reveals when he sees it happening in his latest update on Twitter. Bitcoin is heading towards $100,000 by the end of next year, according to both the stock-to-flow model and the logarithmic regression, asserted the man behind them – Plan B. This comes despite the recent failures of the S2F and the analyst’s “worst-case scenario.” Later on, Plan B explained that he had compared Bitcoin to other assets like gold, whose stock-to-flow ratio sits around 60 as its market cap is at $10 trillion and real estate. The latter’s S2F ratio is at 100, with a market cap ten times larger than gold’s. Learn more about your ad choices. Visit megaphone.fm/adchoices

Veteran billionaire investor and fund manager Bill Miller says he has “a very big position” in Bitcoin and expects the king crypto to see a lot of institutional adoption this year, particularly among endowments and foundations. "Bitcoin is insurance against financial catastrophe as we see in Lebanon, or in Afghanistan, or many of these other countries where we saw around the time of the pandemic. I think the average investor should ask himself or herself what do you have in your portfolio that has that kind of track record — number one; is very, very underpenetrated; can provide a service of insurance against financial catastrophe that no one else can provide; and can go up ten times or fifty times. The answer is: nothing.” Learn more about your ad choices. Visit megaphone.fm/adchoices

MicroStrategy CEO Michael Saylor talked about why bitcoin is the best store of value in a new interview, soon after vowing to stick with buying the digital asset even as it comes under pressure. “There’s a $500 trillion monetary planet and the outer layer is currency, then you’ve got stocks, bonds, real estate. There’s $10 trillion worth of gold in there, $1 trillion of bitcoin in there. Bitcoin is going to flip gold, and it’s going to subsume the entire gold market cap... “Then it’s going to subsume negative-yielding sovereign debt and other monetary indexes until it grows to $100 trillion. Once it gets to $10 trillion, its volatility will be dramatically less,” Saylor said. “As it marches toward $100 trillion, you’re going to see the growth rates fall, the volatility fall, and it’s going to be a stabilizing influence in the entire financial system of the 21st century.” Learn more about your ad choices. Visit megaphone.fm/adchoices

In conversation with Diario El Salvador, Max Keiser said El Salvador could become a Bitcoin ‘hub’ for Central and Latin America. He noted that London was one of the three largest financial centers in the world before Brexit and made a large part of the European bonds, executing big deals in the Forex market. Keiser is hopeful that El Salvador would become a ‘hub’ and a financial center in Latin America with the king of all crypto in the picture. “The interest of Salvadoran citizens in bitcoin has grown because Salvadorans have their own bank account on their phones. People who were not banked, which was 70% or more, now with Chivo wallet and other wallets have the opportunity to have financial services.” Learn more about your ad choices. Visit megaphone.fm/adchoices

On-chain analyst Willy Woo says Bitcoin (BTC) could increase its market cap by more than 20 times from current levels in the next decade. In a new interview, the on-chain analyst says that the king crypto could reach a market cap of nearly $20 trillion within 10 to 20 years. “I think it [Bitcoin’s market cap] will be more. Maybe close to $20 trillion.” Learn more about your ad choices. Visit megaphone.fm/adchoices