Bitcoin News Alerts | Daily BTC News

Max Keiser, senior advisor to El Salvador President Nayib Bukele, said the country’s Bitcoin approach is designed such that it can be copied for adoption in other countries. He said those who are not getting into the Bitcoin market will find it hard to survive the next 2-3 generations. El Salvador, the Central American country, is set to go down in history of the crypto market as the world’s first country to use the BTC as legal tender. Learn more about your ad choices. Visit megaphone.fm/adchoices

According to Strike CEO Jack Mallers, the Bitcoin powered payment provider expansion drive aims to counter the “clouded world of crypto exchanges and hidden unregistered licensing regimes, and 1,000 different coins.” Strike announced expanding its BTC payment services to 65 countries in parallel to relocating its global headquarters to El Salvador. Before its expansion, the mobile app was operational only in the United States, El Salvador and Argentina. Learn more about your ad choices. Visit megaphone.fm/adchoices

1 million Bitcoin wallets now have a balance of 1 BTC or more, but the real magic is yet to come, says Adam Back, CEO and co-founder of Bitcoin firm Blockstream, making a case for “hyperbitcoinization” soon to come. "because 10mil people trying to buy 1 BTC over a few years would push the price out of reach. And many current hodlers are not selling. Eg very few of the recent whole coiners would re-sell, probably moving up to their next target for extra bitcoin, most are trying to buy more!" Learn more about your ad choices. Visit megaphone.fm/adchoices

Billions of dollars set to flow into Bitcoin as Tether (USDT) announces up to 15% of profits will go to BTC. Max Keiser, the high priest of Bitcoin and Sr. BTC advisor to President Bukele had this to share on crypto twitter in response to the breaking news: "The new king of Bitcoin is Tether (USDT). Michale Saylor had a great run… Long live the new king! Tether is more than 💯 backed. They are one of the most profitable companies in the world. Definitely the most profitable financial on 🌍. And they are true Bitcoin’ers. All the FUD about them was bought by scammer USDC." Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin Bull and Microstrategy founder Michael Saylor, reiterated his viewpoint that BTC is a better financial instrument than gold. Contrary to the ongoing crypto winter and the numerous critics that envision the Bitcoin price plunging to zero, he expects the asset to soar to $1,000,000. “There’s no price target. I expect we’ll be buying bitcoin at the local top forever. And I expect Bitcoin is going to go into the millions. So we’re very patient. We think it’s the future of money.” Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto analyst is reaffirming an unpopular stance that Bitcoin (BTC) is about to break new highs this year, despite the recent rejection from $30,000. “There’s a gap at $20,000 that a lot have been eyeing up and using as justification for a deeper pullback form current levels. If I’m right about my thesis for new all-time highs in 2023 – that gap should go unfilled. If you were to ask me which comes first – $20,000 or $70,000+, I’d say $70,000+.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Renowned global investment manager, VanEck which currently has $69 billion in assets under management, explained a framework that analyzed where the value of Bitcoin (BTC) would end up if it were to be adopted as the world’s reserve currency. “Gold prices of around $31,000 per ounce and potential Bitcoin prices of around $1,300,000 per coin. Adjusting for greater strains on financial and monetary systems generates even higher prices.” Learn more about your ad choices. Visit megaphone.fm/adchoices

The creators of one of the top on-chain analytics firms in the crypto space believe that Bitcoin is gearing up for an explosive move to the upside. According to the Glassnode co-founders, the macro backdrop is starting to look favorable for BTC by market cap. “$25,800 still remains a possibility, as indicated by the options market. Confident in our mid-term outlook of $35,000 as external pressures subside. Market pricing Fed pause in June, no rate cut – optimal for the run to $35,000 for summer." Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto prodigy and on-chain analyst William Clemente III tips the king crypto (BTC) will hit six figures toward the end of 2024. "Even if you thought Bitcoin could go to $10K from current prices, with a 2025 target of $180K you're looking at a 1:9 risk-reward ratio with 50% potential downside but 900% upside. Invest 1% of your portfolio, you're risking 0.5% with 9% upside to your overall holdings. No brainer." Learn more about your ad choices. Visit megaphone.fm/adchoices

A widely followed crypto strategist is predicting that Bitcoin could reach a new all-time high in the next 18 months. According to the crypto trader, his estimate is based on the average time it took during prior cycles for BTC to recover after reaching all-time highs and then collapsing. Using that timeline, he says there are 415 days before Bitcoin will reach a new all-time high during its current cycle. Learn more about your ad choices. Visit megaphone.fm/adchoices