Bitcoin News Alerts | Daily BTC News

Bitcoin bull Robert Breedlove, host of The "What is Money?" podcast is predicting the massive expansion of the US dollar supply in the next eight years, which he says will ignite Bitcoin’s meteoric rise to $12.5 million. "During that time, I expect Bitcoin [to be] the ultimate, irrepressible non-counterparty insurance policy against central banks to appreciate in tandem, so I think its purchasing power will increase to $1 million in 2021 purchasing power [terms] but by that time, due to the expansion of the money supply…Bitcoin will actually be nominally valued at $12.5 million." Learn more about your ad choices. Visit megaphone.fm/adchoices

In an interview with Bloomberg on Thursday, Ark Invest CEO and Crypto Bull Cathie Wood indicated that the “uncertainty and volatility” in the global economic landscape has actually increased her thesis of Bitcoin being an “antidote” to inflation and counterparty risks. Wood has, in fact, reiterated her prediction that the OG digital asset (BTC) will still hit a lofty price target of $1 million+ by 2030. She now thinks Bitcoin could skyrocket to $1.48 million per coin by 2030. Given that Bitcoin has a fixed coin supply of 21 million BTC, a target price of $1.48 million implies a total market capitalization of $31 trillion. Learn more about your ad choices. Visit megaphone.fm/adchoices

Michael Saylor, Bitcoin bull and executive chairman of MicroStrategy, recently discussed how AI (artificial intelligence) has become the fastest growing exponential technology since BTC with ChatGPT growing from zero to 100 million users in less than 2 months. Learn more about your ad choices. Visit megaphone.fm/adchoices

American investment firm VanEck believes that Bitcoin has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. VanEck’s analysis found that the implied BTC price ranged from $1.3 million to $4.8 million if it replaces fiat currency reserves as the next global reserve asset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin advocate Max Keiser and Sr. BTC advisor to President Bukele, says Bitcoin will hit $500,000 because the United States will start a giant hash war with Iran and Venezuela - and it’s already started. “Iran has already got 3% of global hash rate, so now I think Venezuela will get 3%–5% pretty quickly. And then at some point America will say, ‘We’ve got to enter the 21st century space race of mining Bitcoin,’ and then they’ll try to seek 20% of the hash rate, and then security goes up dramatically, and the price goes to $400,000, $500,000.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Billionaire venture capitalist Tim Draper is "100% sure" Bitcoin is hurtling toward a staggering $250,000 price tag. Draper has extended his prediction by six months to mid-2023 to factor in crypto-specific and macroeconomic impact. And if that doesn’t happen, he is certain the king crypto (BTC) will reach the $250,000 milestone before the end of 2024. Learn more about your ad choices. Visit megaphone.fm/adchoices

Speaking on CNBC’s Power Lunch with Kelly Evans, Strike CEO Jack Mallers, discussed the role of Bitcoin in the ongoing banking crisis. Mallers is convinced the BTC price will hit $1 million per coin, fueled by global hyperinflation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Gold will "fail" as an asset as people realize that Bitcoin offers superior properties to the yellow metal. That is according to billionaire Michael Saylor, Executive Chairman and Co-Founder of MicroStrategy, a publicly traded company which holds 140,000 BTC. "[Bitcoin] is the digital synthetic successor to gold," Saylor told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. "Bitcoin is going to appreciate at a faster rate. Gold is going to fail. Eventually people will sell all their gold and buy Bitcoin." Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin bull Max Keiser and Sr. BTC advisor to President Bukele, is predicting the king crypto surging 37x - 74x from the current price hitting a target of $1-$2 million per coin. "The total global amount of financial instruments on Planet Earth is roughly $400 Trillion. So if Bitcoin would capture a percentage of that, we’re talking $1M -$2M per Bitcoin.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Binance CEO Changpeng Zhao (CZ), has made a bold Bitcoin prediction after China’s Central Television (CCTV) aired coverage of crypto, describing it as a “big deal” that could lead to a bull run in the market. The BTC coverage included an announcement from the Hong Kong Securities Regulatory Commission stating that a mandatory licensing system for virtual asset trading platforms would be implemented from June 1st. Learn more about your ad choices. Visit megaphone.fm/adchoices