1853: “Bitcoin to $500,000 Is ‘EASY’ If Strategic BTC Reserve Happens”

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Bitcoin News Alerts

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3.6 • 626 Ratings

🗓️ 19 December 2024

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Matt Hougan, Chief Investment Officer at Bitwise Asset Management forecast hinges on the potential establishment of a US Strategic Bitcoin Reserve (SBR). Addressing this, Hougan remarked, “If we do get a Bitcoin strategic reserve where the government is buying Bitcoin, as proposed in Senator Lummis’ bill for the government to purchase a million Bitcoin, $200,000 Bitcoin is going to be looking quaint. You’re going to be looking at three four $500,000 Bitcoin. It’s just too big a story because governments all around the world would have to do it.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:23.3	like you sign up for your one dollar a month trial at shopify dot com slash setup and welcome everyone
0:30.7	to number one daily bitcoin pod in today's show i'll be breaking down the latest bitcoin technical
0:36.5	analysis bitcoin reclaims 100. Geez,
0:39.5	like it ain't no thing. Also, breaking news publicly traded. Mera buys 15,574 Bitcoin for an additional
0:46.9	$1.53 billion. And also, the Dutch government urges to establish a national Bitcoin reserve and an open letter.
0:56.4	I'll be breaking this down for you.
0:57.9	As well as Hut 8 surpasses $1 billion in Bitcoin holdings after a $100 million acquisition.
1:05.4	Also, the latest from El Salvador making Bitcoin payments voluntary.
1:09.2	According to this headline, I'm going to read through the FUD.
1:11.8	I got the insider scoop for you as they locked down the $1.4 billion IMF loan deal.
1:18.4	Also be giving you the insights from Stacey Herbert and Max Kaiser, of course.
1:22.9	We'll also be discussing Bitcoin Bull Mikey Saylor, willing to advise President-elect Trump
1:28.1	on crypto, Mikey Saylor in the building. We'll also be discussing rich dad, Robert Kyosaki,
1:34.3	says Bitcoin at $350,000 by next year. We'll also be discussing a U.S. Strategic Bitcoin Reserve
1:40.4	push into Bitcoin price to $500,000 per coin, easily, according to the Bit Y, CIO.
1:47.1	We'll also be taking a look at the overall crypto market. All this plus so much more in today's
1:53.0	show.
1:59.4	Yo, what's good, Crypto fam?
	...

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