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Bitcoin News Alerts | Daily BTC News

1401: FIDELITY: “Bitcoin Will Hit $1 Billion Per Coin By This Date”

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 14 September 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

Jurrien Timmer, the Director of Global Macro at Fidelity, put forth the notion that Bitcoin has the potential to reach a value of $1 billion per coin by the year 2038. To support his BTC price forecast, Timmer employed a combination of models and charts, with a particular focus on the stock-to-flow (S2F) model and his own demand model. These analytical tools formed the foundation of his primary Bitcoin prediction. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey Spotify, is Dampson Idris here to celebrate Tommy Hill Figures' Apex GP collection.

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Fuelled by the thrill of speed and the power of style,

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Tommy Hill Figures capsule collection merges performance-driven design with limitless confidence.

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This isn't just a lot. It's the uniform for those on a journey to achieve their dreams.

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Discover Tommy Hilfiger's limited edition Apex GP collection, inspired by F1 the movie, only in

0:23.8

cinema's June 25th.

0:27.2

In today's show, we're going to be discussing Bitcoin ignoring the CPI and FTX as the price

0:32.6

action hits a September high of 26,600 as the Bulls are back in control.

0:38.5

We'll also be discussing the court approving the sale of FTX digital assets, meaning the

0:43.4

assets will be sold off weekly with special handling for Bitcoin and Ethereum and insider

0:48.3

affiliate tokens.

0:49.8

Also breaking news just in, Congressman Tom Emmer launches an anti-surveillance state act with 49 Republicans in a new push against CBDCs, Central Bank Digital Currencies.

1:00.3

Also, the SEC chairman, Gary Gensler, says crypto is a field rife with fraud, abuse, misconduct.

1:06.1

It's daunting. We'll also be discussing breaking news, $800 billion asset manager, Deutsche Bank, partners to offer Bitcoin custody for institutions. Let's go. It virtually means that the bank can now hold crypto directly for its clients. Also, in today's episode, we'll be discussing, can the Bitcoin price achieve fidelity? One billion dollar price target by 2038. That's right. The $4.5 trillion asset manager

1:30.4

is predicting that one Bitcoin will eventually be worth $1 billion per coin. We'll also be taking a

1:36.4

look at the overall crypto market. All this plus so much more in today's show.

1:47.0

Yo, what's good, crypto fam?

1:49.0

This is first and foremost a video show.

1:51.5

So if you want the full premium experience with video,

1:54.4

visit my YouTube channel at CryptoNewsalerts.net.

1:57.8

Again, that's CryptoNewsalerts.net Would that be a shared, fam, welcome to everyone.

2:03.6

Just joining us, this is pod episode number 1,401.

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