Bitcoin News Alerts | Daily BTC News

Bitcoin strategic reserve legislation at the state level might prompt the US government to adopt a strategic reserve at the federal level with Texas Senate Bill 21 (SB-21), establishing a Bitcoin and crypto strategic reserve, passed the Texas Senate Banking Committee on Feb. 27 in a 9–0 vote and now advances to the Senate floor for further deliberation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin has two clear targets on the horizon as unfilled CME futures gaps create near-term BTC price magnets. BitMEX co-founder Arthur Hayes says that Bitcoin could potentially fall to $70,000 if large hedge funds unwind their positions in US Bitcoin ETF's. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin is on track to grow another 100x to $10,000,000 per BTC according to Bitcoin OG Tour Demeester. Learn more about your ad choices. Visit megaphone.fm/adchoices

BitMEX co-founder Arthur Hayes says that Bitcoin could potentially fall to $70,000 if large hedge funds unwind their positions in US Bitcoin ETF's, while Ash Crypto shared: "So you are telling me Bitcoin dumped more than $10k in 2 days without any major negative news?? This is pure MANIPULATION!!! All These Big fucking exchanges and market makers are liquidating people and making millions with volatility. A Typical Wall Street playbook." Learn more about your ad choices. Visit megaphone.fm/adchoices

Strategy buys 20,356 Bitcoin for almost $2B, Michael Saylor announces with their BTC holdings now at 499,096 BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin. "There's only room for one nation-state to buy up 20% (4,200,000 BTC) of the network, and obviously, I think it should be the United States." - Michael Saylor Learn more about your ad choices. Visit megaphone.fm/adchoices

Trump tells Abu Dhabi Bitcoin will hit $1,000,000 per coin. Abu Dhabi's Sovereign Wealth Fund buys $436M in Bitcoin ETFs and Max Keiser responds: "Max & Stacy strike again. The Mideast dam of demand has burst. Trillion dollar buy orders on tap. God Candle incoming. $2,200,000 in play." Learn more about your ad choices. Visit megaphone.fm/adchoices

The new VanEck research reveals that if the US Strategic Reserve act is adopted, Bitcoin may offset 18% of the national debt before the government gains the right to sell Bitcoin reserves sending the Bitcoin price parabolic to $21,000,000 per BTC. Learn more about your ad choices. Visit megaphone.fm/adchoices

Strategy founder Michael Saylor has stressed the importance of America having a strategic Bitcoin reserve, suggesting that it should buy up 20% of the BTC network. "There's only room for one nation-state to buy up 20% of the network, and obviously, I think it should be the United States, I think it will be the United States," Saylor said at the CPAC conservative movement conference in Washington DC on Feb. 20. Learn more about your ad choices. Visit megaphone.fm/adchoices

In 2009, Hal Finney, one of Bitcoin's earliest adopters, ran a theoretical calculation to estimate Bitcoin's long-term value, suggesting a run-up of $10,000,000 per BTC. He assumed that if Bitcoin were to become the dominant global currency or a key store of value, its total market capitalization would need to match the world's total wealth. Learn more about your ad choices. Visit megaphone.fm/adchoices

As Strategic Bitcoin Reserve progress continues all around the world The US Senate confirmed former Cantor Fitzgerald CEO and crypto advocate Howard Lutnik as President Donald Trump's commerce secretary who owns hundreds of millions of dollars worth of Bitcoin. Learn more about your ad choices. Visit megaphone.fm/adchoices