WEBVTT

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Hello and welcome back to another episode of

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the Bitcoin Street Journal Market Update. I'm

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your host, Anna, here to bring you the latest,

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most thrilling news from the world of Bitcoin

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blockchain and crypto finance. So grab your coffee,

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sit back and let's dive right in. The past week

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has been nothing short of explosive with massive

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moves in Bitcoin, incredible news from all corners

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of the globe and a few jaw dropping quotes that

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may just change the way you look at the financial

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future. You're not going to want to miss this.

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Michael Saylor's weekly Bitcoin tracker, the

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countdown to more BTC begins. For the sixth consecutive

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week, Michael Saylor, the outspoken Bitcoin bull

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and executive chairman of MicroStrategy, has

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posted his famous Saylor Bitcoin tracker. And

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the numbers? Well, they are just as staggering

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as you might imagine. MicroStrategy, the business

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intelligence firm that Saylor leads, has once

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again added more Bitcoin to its ever -growing

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stash. They've been making headlines for months

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now. And if you've been following along, You'll

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know this pattern by heart. MicroStrategy buys

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more BTC, and they do it every single day after

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Saylor drops his weekly tracker. We're talking

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about hundreds of millions of dollars in Bitcoin,

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and Saylor's personal belief in Bitcoin's future

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isn't just philosophical. It's financial. The

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company now holds over 140 ,000 BTC, a stake

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worth around $4 .5 billion at current prices.

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They're betting big on Bitcoin's future, and

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frankly, that kind of conviction is contagious.

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Bitcoiners are watching and this kind of sustained

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buy pressure has made MicroStrategy the undisputed

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champion of Bitcoin accumulation. And speaking

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of Bitcoin's future, it looks like MicroStrategy

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isn't the only player looking to load up on the

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digital gold. Let's take a look at the broader

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picture. Fewer than 20 % of Americans can afford

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a home. Bitcoin has a solution. In some not so

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good news from the US housing market, fewer than

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20 % of Americans currently earn the annual income

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necessary to afford a median priced home. Yes,

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you heard that right. Home ownership is becoming

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increasingly out of reach for the average person,

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and the gap between wages and housing prices

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is widening. Now, I know what you're thinking.

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What does Bitcoin have to do with this? Well,

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Bitcoin is a solution, or at least a partial

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one. With Bitcoin's ability to store value and

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hedge against inflation, many see it as an escape

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hatch from traditional financial systems that

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don't seem to be working for the everyday person.

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If you're priced out of real estate, why not

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consider Bitcoin as your store of value? It's

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a decentralized, borderless asset that can preserve

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wealth over time. Where the U .S. government

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has failed to protect the purchasing power of

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its citizens, Bitcoin offers a lifeline. And

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the push for a Bitcoin -based financial system

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is happening faster than we thought. Vancouver's

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Bitcoin presentation a glimpse into the future.

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Up north in Vancouver, a new Bitcoin presentation

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is making waves. Anil said so. A well -known

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Bitcoin advocate recently gave a compelling presentation

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to the Vancouver City Council, urging them to

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consider Bitcoin for the city's financial reserves.

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As Vancouver battles with housing affordability

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and economic challenges, the idea of adopting

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Bitcoin as part of the city's strategy is gaining

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traction. The City Council is exploring this

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option seriously, especially as the price of

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Bitcoin continues to soar. Could Vancouver be

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the first city to make Bitcoin its official reserve

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currency? The answer might just surprise you.

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As governments around the world experiment with

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Bitcoin, Vancouver could be a trailblazer in

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the next wave of Bitcoin adoption. This could

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be the beginning of a new financial strategy

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for municipalities facing similar challenges.

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It's not just city councils and business leaders

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who are jumping on the Bitcoin train. US Senator

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Cynthia Lummis has thrown her full support behind

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Bitcoin, calling for America to secure its place

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as a leader in the Bitcoin space. In her words,

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America won the space race. Now America must

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win the Bitcoin race. Senator Lummis has long

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been an advocate for Bitcoin, and this latest

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quote serves as a rallying cry for the United

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States to recognize the strategic importance

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of Bitcoin. It's no longer just a cryptocurrency,

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it's a global asset, and it's vital for national

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security, economic resilience, and the future

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of global finance. Bitcoin ETFs on Alipay, China's

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quiet revolution? In another jaw -dropping twist,

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Bitcoin ETF ads have started popping up on Alipay,

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China's leading payment platform, which has over

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one billion users. The Chinese government has

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been notoriously wary of cryptocurrencies. But

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with a move like this, could it be a sign that

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China is softening its stance on Bitcoin? If

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this is a sign of things to come, Bitcoin might

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be about to gain significant traction in one

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of the world's most populous and economically

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influential nations. This could be a major catalyst

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for a global Bitcoin bull run. Watch this space.

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Long -term Bitcoin holders are selling, but not

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those who have held for seven plus years. Bitcoin's

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market has seen some interesting developments

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in the past week. Long -term holders, those who

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have held onto their Bitcoin for more than a

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year, have begun to reduce their positions. However,

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there's an intriguing caveat. The longest holders,

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those who have kept their Bitcoin for over seven

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years, are sticking with their assets. This group

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of ultra -long -term holders is a critical piece

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of the Bitcoin story. They've weathered the ups

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and downs of the market, and their decision to

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hold is a testament to Bitcoin's strength as

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a store of value. As more retail investors dip

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in and out of the market, it's the long -term

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holders who have the real power. Jet King's corporate

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Bitcoin strategy sends stocks soaring 60%. Meanwhile,

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over in India, Jet King, a publicly listed company,

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made waves by announcing its own corporate Bitcoin

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strategy. The results? A 60 % spike in its stock

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price over just three days. When companies begin

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adopting Bitcoin, it sends a powerful message

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about the future of finance. Investors are waking

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up to the fact that Bitcoin isn't just for retail

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investors anymore. It's for the big players.

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More support for a strategic US Bitcoin reserve.

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Across the pond in the United States, a growing

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number of states are introducing strategic Bitcoin

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reserve legislation. This would allow the US

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to begin purchasing Bitcoin in large quantities,

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potentially making it the first national reserve

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asset to be built entirely in Bitcoin. We've

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seen individuals, corporations, and now entire

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states exploring this idea. If this trend continues,

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we could be looking at a massive shift in how

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the US manages its economic reserves. As Bitcoin

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continues to outperform traditional assets, it's

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easy to see why policymakers might want to get

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in on the action. Dan Morehead, Bitcoin is the

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new gold. And speaking of Bitcoin as an asset

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class, billionaire investor Dan Morehead recently

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weighed in on the future of Bitcoin, calling

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it the digital gold of the future. Morehead,

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who is the CEO of Pantera Capital, compared Bitcoin's

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potential to the United States' gold reserves,

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which currently stand at $600 billion. According

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to Morehead, it's kind of crazy to hold so much

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gold when Bitcoin is a far superior option. When

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someone of Morehead's stature speaks out on the

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future of Bitcoin, It's worth paying attention.

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Bitcoin is no longer just a fringe asset. It's

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the future of money. Bitcoin to $100 ,000 and

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beyond Trump's crypto comments fuel rally. As

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if we weren't already on a wild ride, President

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-elect Donald Trump made waves this week with

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his comments on Bitcoin. Trump hinted that he

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would be doing something great with crypto once

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he takes office. While specifics remain unclear,

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it's fueling optimism that the United States

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could soon take a more Bitcoin -friendly approach.

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Could this be the catalyst for Bitcoin to surge

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past $100k? With all these tailwinds, sailors'

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continuous buying, the rise of Bitcoin ETFs and

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the mounting political support, it certainly

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feels like Bitcoin's next big rally is just around

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the corner. Conclusion. Buckle up. Bitcoin's

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just getting started. So there you have it. Bitcoin

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is flying high across the globe with institutional

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support, government backing and retail enthusiasm

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propelling it to new heights. From Vancouver

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to Tokyo, from India to the US, the Bitcoin revolution

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is unstoppable. As Bitcoin's price hovers near

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all -time highs, with some analysts predicting

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it could break the $1 ,100k -plus barrier soon,

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now is the time to pay attention. Whether you're

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a seasoned investor or just dipping your toes

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into the world of crypto, it's clear that Bitcoin

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is more than just a passing trend. It's the future

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of money. That's all for today's update, folks.

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I'm Anna. And this has been the Bitcoin Street

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Journal market update. Keep your eyes on the

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market and we'll see you next week with more

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breaking Bitcoin news. Until then, stay humble,

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keep stacking sats and stay ahead of the curve.