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One early Bitcoin investor has crunched the numbers on BTC, and thinks the leading crypto is looking mighty undervalued at the moment. 

“We did a study showing the number of people using Bitcoin over the years and price of Bitcoin. Both of those data series went up by an order of magnitude every two years. If that kept going, that would put BTC at $700,000 when everybody with a smartphone uses it. Ten years time is a reasonable forecast,” Pantera Capital founder Dan Morehead said on Yahoo Finance Live. 

Morehead launched his first crypto fund back in 2013. Today, the firm has $2.8 billion in assets under management that spans venture investments and early stage token investments. 

In other trending Bitcoin News today: MicroStrategy splashes $177M on Bitcoin, now holds almost 109,000 BTC! 

MicroStrategy’s Bitcoin holdings are now worth more than $5.3 billion at the current BTC price. 

With its latest purchase, Michael Saylor’s firm now holds 108,992 BTC, which cost the company about $2.918 billion to acquire at an average price of approximately $26,769 per “coin.”

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://finance.yahoo.com/news/bitcoins-terminal-value-is-really-700000-crypto-investor-171402026.html

https://cointelegraph.com/news/microstrategy-splashes-177m-on-bitcoin-now-holds-almost-109-000-btc

https://cointelegraph.com/news/bitcoin-hashrate-triples-since-june-28-in-recovery-from-china-syndrome

https://cointelegraph.com/news/bitcoin-loses-48k-as-analysts-eye-next-zones-for-a-potential-btc-price-bounce

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A panel of Crypto experts has predicted that the Bitcoin price will rise to $318,417 by December 2025. The most bullish expert believes that the BTC price will reach $160,000 by the end of the year. Meanwhile, 54% of them think that hyperbitcoinization will happen by 2050.

Furthermore, the “Panelists predict that by December 2030, the price of bitcoin will go up to a whopping $4,287,591 per BTC. However, the average is skewed by outliers – when we look at the median price prediction, the 2030 price forecast comes down to $470,000,” Finder wrote.

In other trending Crypto News today: ETH traders hint that the bull market could be back after Ethereum price hit $3,000 for the first time in 79 days.

“Ether is now at one of its final major higher-timeframe resistances. Once Ether is able to break past this ~$2770 resistance, there will be little resistance ahead until the old All-Time High of ~$4400.”

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Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://news.bitcoin.com/crypto-experts-predict-bitcoin-price-rising-to-318417-by-december-2025/

https://cointelegraph.com/news/here-s-what-traders-expect-now-that-ethereum-price-is-over-3-000

https://cointelegraph.com/news/3-reasons-why-ethereum-is-unlikely-to-flip-bitcoin-any-time-soon

https://cointelegraph.com/news/bitcoin-hits-45k-ahead-of-july-inflation-report-but-one-fractal-hints-at-looming-correction

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Veteran crypto trader Tone Vays says Bitcoin (BTC) should finish its recent correction relatively soon before going on a sharp rally to six figures.

“A $40,000 low coming in either next week or it could get dragged out… into early October, and then we break this area of $50,000 in mid- to late October. 

We break $65,000 by early November, and then we’re probably hovering above $100,000 by end of December. So I’m still holding to my view that we break $100,000 in December.”

In other trending Bitcoin News today: Cathie Wood predicts Bitcoin will surge to $500,000 in 5 years – and says Ark Invest’s confidence in Ethereum has shot up dramatically.

Ark Invest CEO Cathie Wood expects bitcoin to soar to $500,000 in five years, and her firm’s conviction in ether has strengthened tremendously, the star stock-picker said in a new interview with CNBC on Monday.

“Our confidence in ether has gone up dramatically as we’ve seen the beginning of this transition – from proof of work to proof of stake,” Wood said. “We’d still probably do 60% bitcoin, 40% Ether.”

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://cointelegraph.com/news/fidelity-lobbies-sec-to-approve-bitcoin-etf-in-private-meeting

https://cointelegraph.com/news/are-strong-technicals-enough-to-bring-bitcoin-price-to-100k-in-2021

https://cointelegraph.com/news/bitcoin-steals-47k-from-bears-as-critical-btc-price-resistance-crumbles

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Bitcoin will soar to $500,000 because the US will start a war with Iran and Venezuela – of the BTC hash-rate rather than the military variety – and the first salvoes may soon be fired, according to Bitcoin O.G. Max Keiser of the Keiser Report and Orange Pill podcast.

Max says bitcoin represents the “reformation of free speech,” something governments deny citizens by controlling the currency they use.

“Bitcoin is the Mona Lisa of the 21st century: It’s self-aware, it is observing us through the quantum mechanical aspects of technology, and it’s channeling the eyes of God,” he says.

“So, this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

He says: “The truth is, if you want individual sovereignty, if you want justice, if you want uncensorable, unconfiscatable, indestructible wealth, there’s only one way to go – and that’s Bitcoin.”

In other trending Bitcoin News today: Ukraine Passes Legislation To Recognize and Regulate Crypto! 

The Ukrainian Parliament has adopted legislation regulating foreign and domestic cryptocurrency exchanges operating from within the country.

“It will become a powerful incentive for the further development of the crypto-sphere in Ukraine. Banks will open accounts for them and conduct transactions with a new class of assets. I am sure that society, business and the state will benefit from the legalization of the new sector of the economy.”

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

Global hash war ‘will send bitcoin to $500K’

https://cointelegraph.com/news/ukraine-passes-legislation-to-recognize-and-regulate-crypto

https://cointelegraph.com/news/bitcoin-price-to-hit-100k-in-2021-or-early-2022-standard-chartered

https://cointelegraph.com/news/bitcoin-price-in-line-for-impulsive-bounce-as-solana-sol-leads-altcoin-surge

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The first publicly available U.S. mutual fund that generally tracks the Bitcoin price has been launched by a $60 billion fund manager.

In a press release this morning ProFunds announced the launch of its Bitcoin Strategy ProFund (BTCFX). This will be the first publicly available U.S. mutual fund that generally tracks the price of Bitcoin.

On the ease of access and mass exposure that this mutual fund will provide, ProFunds CEO Michael Sapir said that “Compared to directly buying bitcoin, which may involve opening a new account with an unregulated party, this ProFund offers investors the opportunity to gain exposure to bitcoin through a form and investment method that tens of millions of investors are familiar with.”

On the increased demand for a Bitcoin mutual fund, Michael Sapir commented it “has become a significant asset class, and our new Bitcoin Strategy ProFund provides investors access to a bitcoin strategy through a mutual fund investment.”

In other trending Bitcoin News today: Record 57K BTC leave exchanges in one day, dropping Bitcoin reserves to pre-crash levels.

Yesterday was the largest Bitcoin net outflow from exchanges since 2016. BTC needs to close above $40,035 today to make 9 green days in a row – the longest streak since May, 2017.

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

#Bitcoin game-theory kicking in with America’s hedge funds and political insider-traders. Beautifully, the protocol obviates the need for politicians – so good-bye asshat Liz Warren. $220,000 in 2021 still in play

Buy #Bitcoin, short 🇺🇸 pic.twitter.com/eM2u7lhhO9

— BITCOIN MAXIMALIST (@maxkeiser) July 28, 2021

https://bitcoinmagazine.com/markets/bitcoin-mutual-fund-manager-profunds

It’s On, Elizabeth Warren Triggers Retaliation From The Crypto Community

https://cointelegraph.com/news/record-57k-btc-leave-exchanges-in-one-day-dropping-bitcoin-reserves-to-pre-crash-levels

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A high-profile crypto strategist and trader is keeping a close watch on five crypto assets that he believes are gearing up to blast off into the stratosphere. In a new tweet, the trader known as Smart Contracter tells his 136,500 followers that Bitcoin (BTC) is almost ready to break out of its three-month consolidation above $50,000 en route to a new all-time high.

“BTC breakout activated. $80,000 next.”

In other trending Crypto News today: Ethereum breaks $500 billion market cap for first time as ETH price hits new $4,350 high. On May 12, Ether price set another historic record, surging to as high as $4,346, according to data from CoinMarketCap. Ether’s market capitalization briefly surpassed $500 billion, reaching nearly $505 billion on Wednesday

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

💥💥💥 Got this 24K gold crypto visa debit card w/ custom etched #Bitcoin logo b/c I closed out all my banks in the 🇺🇸, donated the rest of my fiat to charity & decided to live off crypto versus USD. 😎🚀 pic.twitter.com/61jrgFMzxy

— Crypto News Alerts 🔥🎙 (@CryptoNewsYes) May 11, 2021

https://cointelegraph.com/news/how-did-internet-computer-icp-become-a-top-10-cryptocurrency-overnight

https://cointelegraph.com/news/bitcoin-price-bounces-despite-stocks-rout-as-ethereum-reaches-new-4-350-high

https://cointelegraph.com/news/ether-breaks-500-billion-market-cap-for-first-time

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MicroStrategy CEO, Michael Saylor says once Bitcoin passes the market cap of gold, around $11 trillion currently, nothing will stop BTC.

Saylor, a true Bitcoin bull who currently holds 105,000+ BTC on his corporate balance sheet, sees Bitcoin capable of reaching a market cap of $300 trillion in the long run. 

He talks about a future goal. With a market cap of $300T, the Bitcoin price would be around $14 million per BTC.

In other trending Bitcoin News today: Argentina’s President: No Reason to Push Against Adopting Bitcoin!

The president of Argentina has indicated that there’s no reason why the country would push back against potential Bitcoin adoption.

El Salvador’s decision to adopt BTC as a legal tender has rattled the cages in Central and South America. Argentina’s president was the latest to showcase support to some extent in a recent interview.

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://finance.yahoo.com/news/1-bitcoin-worth-10-years-210751579.html

https://cointelegraph.com/news/ada-hits-2-first-the-time-since-may-ahead-of-cardano-smart-contract-announcement

https://cointelegraph.com/news/bitcoin-cancels-entire-day-s-btc-price-dip-with-fresh-push-above-46k

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Bitcoin is now down 55% ($35,000) since it’s all time high near $65,000 making this the biggest BTC correction by far this year. Two key Bitcoin price metrics signal that whales bought the dip, a hint that BTC may be gearing up for a new all-time. If history repeats and a 95% rally follows this Bitcoin crash, BTC could reach $83,000 in mid-June.

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🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://markets.businessinsider.com/currencies/news/bitcoin-michael-saylor-microstrategy-purchases-10-million-cryptocurrency-musk-2021-5-1030442667

https://cointelegraph.com/news/83k-bitcoin-price-in-the-cards-after-data-shows-btc-whales-bought-the-dip

https://cointelegraph.com/news/stocks-china-and-the-dollar-3-reasons-why-bitcoin-price-is-tanking-below-40k

https://cointelegraph.com/news/nearly-a-quarter-of-unique-bitcoin-wallets-at-a-loss-amid-15k-price-dump

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Crypto veteran and Bitcoin bull Anthony Pompliano, also known as Pomp, is predicting a BTC FOMO (fear of missing out) phase that he says Wall Street investors aren’t ready for.

“But if we go back and look at the FOMO phase of 2017 and other bull markets, it supersedes almost everyone’s expectations. What we’re talking about right now is in the heart of a bull market, we had a 50 plus percent drawdown. The volatility on this thing is unlike any other asset. 

And so when you start thinking about all of these Wall Street guys that come in, whether they’re hedge funds, whether they’re corporations, whether they’re some sort of asset manager, I don’t think they’re ready for this. This stuff is going to absolutely rip their faces off.”

In other trending Crypto News today: Facebook Executive Says Social Media Giant ‘Definitely Thinking’ About NFTs!

Facebook Financial head David Marcus says the social media giant sees room to incorporate non-fungible tokens (NFTs) in conjunction with the upcoming launch of its cryptocurrency wallet Novi.

“It’s too early to talk about our plans, but we’re definitely looking at a number of ways to get involved in the space, because we think we’re in a really good position to do so. And when you have a good crypto wallet like Novi will be, you also have to think about how to help consumers support NFTs. 

And so while there’s no immediate plans I can talk about, we’re definitely thinking about this. It’s really an area worth exploring and one where we can have a positive impact for both creators and consumers on the other side.”

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

Facebook Executive Says Social Media Giant ‘Definitely Thinking’ About NFTs

https://cointelegraph.com/news/ethereum-supply-shock-exchange-eth-reserves-continue-to-fall-after-a-26-drop-in-2021

https://cointelegraph.com/news/bitcoin-futures-open-interest-at-3-month-highs-but-will-it-be-enough-to-overcome-50k

💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts

Early Bitcoin investor and head of marketing growth at crypto exchange Kraken, says that BTC is entering a sweet spot in the next four to eight months that could launch the world’s leading crypto asset into the high six figures.

“Over the next, I would say four to eight months is our sweet spot of when we should see the peak of the bull run. It could be another 12 months but we will either see if my thesis is validated or invalidated… It will be interesting to see what happens this year and early next year.” 

In other trending Bitcoin News today: Bitcoin price bull run ‘starting to look like 2013’ after record red monthly candle. BTC may have just had its worst monthly candle in 10 years, but it could still surge to new all-time highs this year, said popular analyst PlanB.

“New dot: May close $37,341.. -35% .. we knew bitcoin would not go up in a straight line and several -35% drops are possible (and indeed likely) in a bull market. Starting to look like 2013. S2F(X) model intact.”

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://cointelegraph.com/news/bitcoin-price-bull-run-starting-to-look-like-2013-after-record-red-monthly-candle

https://cointelegraph.com/news/veteran-trader-peter-brandt-sees-bitcoin-crashing-further-after-may-s-50-drop

https://cointelegraph.com/news/bitcoin-rejects-near-37-5k-on-chain-data-shows-capitulation-from-short-term-holders