Bitcoin News Alerts | Daily BTC News

Balaji Srinivasan, a venture capitalist and former CTO of Coinbase, claimed that the US economy would enter a phase of hyperinflation in 90 days, catapulting Bitcoin to $ 1 million.  Balaji, whose crypto venture Earn.com was acquired by Coinbase in 2019, also offered to pay $1 million in BTC to the best 1,000 tweets that alert about stealth financial crisis. Learn more about your ad choices. Visit megaphone.fm/adchoices

Former Coinbase chief technology officer Balaji Srinivasan has made a $2,000,000 bet on the Bitcoin price over the next 90 days, predicting the king crypto (BTC) will reach $1 million by June 17.  "I am moving $2M into USDC for the bet. I will do it with Medlock and one other person, sufficient to prove the point. See my next tweet. Everyone else should just go buy Bitcoin, as it’ll be much cheaper for you than locking one up for 90 days." Learn more about your ad choices. Visit megaphone.fm/adchoices

Balaji S. Srinivasan, former CTO of the Coinbase crypto exchange bets his net worth that the Bitcoin price will breach $1 million per BTC in the next 90 days. "I will take that bet. You buy 1 BTC. I will send $1M USD. This is ~40:1 odds as 1 BTC is worth ~$26k. The term is 90 days. All we need is a mutually agreed custodian who will still be there to settle this in the event of digital dollar devaluation. If someone knows how to do this with a smart contract, we can do it on chain, so I can send USDC. If you won't do that, name a custodian." Learn more about your ad choices. Visit megaphone.fm/adchoices

The financial giant Fidelity Investments will now allow millions of customers to trade and buy Bitcoin (BTC) through the broker. The Fidelity Crypto platform, first opened to a waitlist in November 2022, is now available to the public, as of yesterday. Customers are able to buy and sell Bitcoin, although they will not be able to transfer it to a self-custody wallet where the user controls their private keys. During the launch of the waitlist, there was mention of this ability to come later, but no detail or roadmap has been provided beyond that. Learn more about your ad choices. Visit megaphone.fm/adchoices

A crypto analyst who bucked the trend and bought Bitcoin (BTC) at its lows late last year is updating his outlook on the cryptocurrency markets. The pseudonymous trader, who goes by the name DonAlt, says Bitcoin now has a sustainable, real narrative amid the backdrop of failing banks in the US and abroad. DonAlt says he’s not done buying, and a BTC breakout to $100,000 is his target. Learn more about your ad choices. Visit megaphone.fm/adchoices

Billionaire venture capitalist Tim Draper believes Bitcoin is hurtling toward a staggering $250,000 Bitcoin price tag. In a new exchange with the Observer, Draper says the king crypto (BTC) is at the start of a parabolic rally that will see Bitcoin generate gains of more than 900% in less than two years. Even if Bitcoin fails to go on a meteoric ascent by June this year, Draper says that the timeline could be extended to the end of next year. “I am almost 100 percent sure I will be right in 18 months.” Learn more about your ad choices. Visit megaphone.fm/adchoices

BitMEX co-founder Arthur Hayes says he’s preparing for a massive Bitcoin and crypto rally as the Biden Administration fights to keep contagion from spreading through the American banking system. In a series of tweets, Hayes says he believes the Federal Reserve will be forced to completely stop its rate hikes and begin to inject money back into the system, paving the way for an influx of capital into risk assets and particularly the crypto markets. "That's a fucking savage move in the 2yr. In case you think this is something other than what it is. The bond market is saying it's back to print dat money mode. Don't fight the Fed!!!!" Learn more about your ad choices. Visit megaphone.fm/adchoices

The market frenzy that started with the Silicon Valley Bank collapse is pushing the Bitcoin price higher, with some casualties left behind. The panic caused due to USD Coin’s (USDC) depeg from the U.S. dollar manifested itself in a wrong order, costing traders $50,000 per BTC (the king crypto) albeit for several minutes. The BTC/USDC pair on Binance flash spiked to $50,000 on March 12 around 7:00 pm UTC. The reason for the impulse spike is unknown and was likely due to a “fat finger” trade of a large order. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin maximalist Max Keiser wrote an article for the Huffington Post in 2013 entitled: "What If All the Bitcoin Exchanges in the World Were Shut Down?" and now that many “Crypto” exchanges are shutting down, seems more relevant than ever. "With this added layer of price discovery in the bitcoin's existence as a currency, the possibility of scaling up to the multi-hundred billion valuations necessary to get it on the first rung of the global currency market becomes a possibility. Without it, we're talking about beaver pelts." Learn more about your ad choices. Visit megaphone.fm/adchoices

The Bitcoin and crypto ecosystem felt an immediate effect as USD Coin (USDC) depegged from the U.S. dollar due to a subsequent sell-off after Silicon Valley Bank (SVB) did not process $3.3 billion of Circle’s $40 million transfer request. Widely followed crypto analyst Benjamin Cowen says that the Bitcoin and cryptocurrency markets could give up hundreds of billions of dollars in a correction similar to the dot-com collapse. Learn more about your ad choices. Visit megaphone.fm/adchoices