TGIF, Zingernation! Benzinga got some juicy exclusive details from a Tether co-founder. He shared his opinion of the Biden administration and his Bitcoin price target…

Today, we cover Trump’s crypto journey from 2022 until now, what is going on with MSTR stock and more.

Plus, our partner brings a first-of-its-kind digital solution to the global commodities supply chain sector.

MARKET SNAPSHOT

TOP STORY

EXCLUSIVE: Biden Administration 'Let The SEC Go Unchecked,' Tether Co-Founder Says

Briefly: Benzinga spoke to Tether co-founder William Quigley about crypto regulation, Bitcoin price targets and a lot more.

So Basically: Quigley says the Biden administration let the SEC '“go unchecked” and now we have a regulatory standstill on our hands.

So Then: But another administration could swap Gary Gensler for a more crypto-friendly chairman and that could be good.

So What: Quigley also shared bis Bitcoin price target ($300K in 2025) and a lot more about Tether’s plans.

Read about it here.

TOGETHER WITH RESOURCE STOCK DIGEST

New Tech Leader in US$11T Global Commodities Sector

Amazingly, the $11T global commodities sector still runs primarily on paper transactions and phone calls! 

And thus, a comprehensive digital solution for moving commodities around the world has been long, long overdue.

One tiny company — trading completely undiscovered around 15-cents per share — has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. 

For investors, it’s an early-stage opportunity in a company with a true first-mover advantage in a globally diversified sector.

Click here to read more.

FIVE ZINGERS

Crypto President: Donald Trump promises to be the “crypto president.” He’s come a long way since calling Bitcoin a scam. Here’s how his journey started.

Quite Likely: Bitcoin at $100K and Ethereum chilling under $5K? Quite likely, says a popular trader. Here’s why he thinks so.

Brilliant Move: GameStop doing a Michael Saylor and starting to buy BTC with company shares would be a “brilliant move,” according to a popular Bitcoiner.

DOGE ETF: Where there’s ETF speculation, a Dogecoin ETF can’t be far. Arthur Hayes and Raoul Pal think it could really happen by the end of the cycle.

Untenable: Coinbase CEO Brian Armstrong says the regulatory situation is “untenable” and both parties need to get their act together to solve it.

FINTECH FOCUS

Bitcoin To Hit $1 Million By 2033, MicroStrategy's Stock Rated Outperform: Bernstein

Briefly: Bernstein’s latest analyst note forecasted Bitcoin to hit $1M until 2033. But the firm also started coverage of MicroStrategy.

What Happened: MSTR was rated Outperform, with a price target of $2,890 for MicroStrategy shares, which closed at around $1,484 on Thursday.

What Else: Analysts Gautam Chhugani and Mahika Sapra emphasized the significant role of the company’s founder and chairman, Michael Saylor.

Why It Matters: MicroStrategy recently proposed a $500 million debt sale of convertible notes, and upped that to $700 million on Friday.

Read all the details here.

TOGETHER WITH RESOURCE STOCK DIGEST

New Tech Leader in US$11T Global Commodities Sector

Amazingly, the $11T global commodities sector still runs primarily on paper transactions and phone calls! 

And thus, a comprehensive digital solution for moving commodities around the world has been long, long overdue.

One tiny company — trading completely undiscovered around 15-cents per share — has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. 

For investors, it’s an early-stage opportunity in a company with a true first-mover advantage in a globally diversified sector.

Click here to read more.