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Bitcoin News Alerts | Daily BTC News

1311: “Bitcoin Will Soon Hit $500,000” - Winklevoss Twins

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 13 June 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

Despite last year’s ‘crypto winter’, Bitcoin Billionaires The Winklevoss Twins still believe that BTC is the trade of the decade which will hit $500,000 per coin. The Gemini cryptocurrency exchange owners Tyler and Cameron Winklevoss are believed to be two of the largest holders of Bitcoin, which they started buying when it was less than $10. "Our bull case for Bitcoin is that it will disrupt gold. If you do the maths on 21 million in the supply of Bitcoin, the market cap of gold, let us say it is $10 trillion, maybe it is $11 [trillion], somewhere in that ballpark, that puts one Bitcoin – if it disrupts gold, and gets that market cap – at $500,000." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

In today's show, Bitcoin price rejects CPI boost as the market Fed rate paused odds near 95%,

0:06.8

as well as Bitcoin gets closer to a 51% attack on the alt-coin market.

0:11.5

We'll also be discussing breaking news.

0:13.8

US lawmakers file SEC Stabilization Act to fire Gary Gensler.

0:18.6

That's right.

0:19.4

Lawmakers introduce a bill to remove the SEC chairman,

0:22.3

but do they have the authority? I'll be breaking this down for you. Max responded, the law in El Salvador

0:27.1

is clear. Everything not Bitcoin is an unregistered security. Now the economy is booming and it's

0:32.2

the safest country in the hemisphere. Also in today's show, 100xs are possible for crypto now that the doubt plagues the markets.

0:39.5

According to crypto investor, who called the market bottom, will also be discussing all of the SEC's

0:44.9

claims fail, says Binance in their rebut motion to freeze the funds. And according Max Kaiser,

0:51.4

the SEC is an 800-pound gorilla and CZ is like Spud Webb, CZ lost from the moment that these proceedings began.

0:58.6

We'll also be discussing the Winklevoss twins doubling down on their Bitcoin price prediction of $500,000 despite last year's crypto winters.

1:07.1

The billionaire still believes, or billionaires, that Bitcoin is still the trade of the decade,

1:11.7

will also be taken a look at the overall crypto market, all this, plus so much more in today's show.

1:21.4

Hey, what's good, crypto fam?

1:25.3

This is first and foremost, a video show.

1:28.5

So if you want the full premium experience, visit our YouTube channel at CryptoNewsalerts.net. Again, that's CryptoNewsalerts.

1:36.8

Welcome, everyone, just tuning in. This is pod episode number 1311. I am your host, JV, and today is June 13th, 2023. Checking out the market watch here.

1:46.9

We can see Bitcoin correcting down a quarter percent, trading just above 25,000.

1:51.9

700. I mean, we did hit 26,000 this morning, but we just started dumping some more.

1:57.8

Ether is barely in the red, maintaining just above $1,700 while XRP and Cardano,

...

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