🧨 Peter Schiff Predicts 'Fireworks' For Bitcoin

But it may not be in the sense you expect...

Author

Ivan
May 14, 2025

Happy Wednesday!

Peter Schiff predicts Michael Saylor will have a bad time during the next Bitcoin dip, and there will be ‘fireworks’: what does he mean by that?

JPMorgan has completed its first trade of tokenized securities. Does this mean the much-touted tokenization is finally on the way?

Plus, markets are swinging wildly, but for Matt Maley, that’s an opportunity. His clear, simple trade alerts have helped members lock in gains as high as 100% and 450%. Now, you can get his next trade signal—completely free.

TOP STORY

Economist and market commentator Peter Schiff projected Monday that the next Bitcoin pullback would trigger an unrealized loss for Michael Saylor-led Strategy Inc. on its BTC purchases.

During his YouTube podcast, Schiff weighed in on Bitcoin recapturing the crucial $100,000 level and Strategy buying billions in the cryptocurrency funded by debt.

“His average cost now is almost 70,000 a bitcoin, so it’s getting higher and higher,” he said.

Schiff predicted that Strategy’s average acquisition cost might reach $70,000 by his next purchase, and the subsequent Bitcoin decline could push the firm “into the red” for the first time. “We’ll see what kind of fireworks that sparks,” he added.

Why is Schiff so bearish on Bitcoin?

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QUICK N DIRTY

XRP has surged an impressive 416% over the past year. How much higher can the coin go?

ETH has risen by over 40% over the past week, and everyone is wondering: what is driving this surge?

Shiba Inu keeps burning tokens for fun, with 46 million SHIB burned only yesterday: can this drive a breakout?

FINTECH FOCUS

JPMorgan’s blockchain division, Kinexys, on Wednesday announced it has executed its first public transaction involving tokenized U.S. Treasury bonds on the Ondo Chain, marking a step forward in blockchain-based financial settlement.

JPMorgan's Kinexys unit claims to process more than $2 billion in transactions daily and has facilitated over $1.5 trillion in notional value since inception.

Does this mean tokenization is on the way?

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