Today's Top Crypto Headlines:

Saylor's Bitcoin Pivot | Bitcoin Selling Will Stop | Bitcoin Crash Unlikely | and more...

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King Fatrick Gil Añasco
June 13, 2025

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Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

  1. Saylor’s Bitcoin Pivot: Michael Saylor said COVID-era policies drove MicroStrategy to pivot into Bitcoin, citing the collapse of small businesses and overvalued traditional assets.

  2. Bitcoin Selling May Slow at $130K: Bitwise CEO Hunter Horsley predicts selling pressure will drop sharply once Bitcoin crosses $130K, as early profit-takers exit the market.

  3. 💡Feature of the Day - Analysts Doubt BTC Crash: While Peter Brandt warned of a possible 75% Bitcoin crash, analysts disagree, pointing to stronger fundamentals and less risk of systemic failures like FTX.


    All this and more in today’s headlines!

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📰 News Highlights:

Saylor's Bitcoin Pivot [Source]

In a conversation with Jordan Peterson, Michael Saylor revealed that pandemic-era lockdowns and monetary policy were the catalysts for MicroStrategy’s shift into Bitcoin.

With interest rates at zero and cash reserves earning nothing, he saw traditional assets like real estate and stocks as overpriced and began seeking a better store of value.

Saylor initially dismissed Bitcoin as a “scam coin” but changed his stance after intensive research.

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Bitcoin Selling Stops [Source][Source][Source][Source]

Bitwise CEO Hunter Horsley believes Bitcoin selling will sharply decline once the price hits $130,000.

According to him, most of the current selling pressure comes from early holders taking profits at psychologically significant levels like $100K.

Once Bitcoin breaches the $130K–$150K range, he predicts long-term holders will no longer want to sell their assets, especially as lending options provide alternatives to liquidation.

Other industry voices, including Galaxy Digital’s Mike Novogratz and Michael Saylor, support this bullish outlook.

Galaxy CEO Mike Novogratz: The Trump administration has been amazing for the crypto industry

Galaxy founder and CEO Michael Novogratz joins 'Squawk Box' to discuss going public on the Nasdaq today, the pivot to AI data centers, state of the crypto industry, the Trump administration's impact on crypto, what's next for the industry, and more.

www.cnbc.com/video/2025/05/16/galaxy-ceo-mike-novogratz-the-trump-administration-has-been-amazing-for-the-crypto-industry.html

💡 Feature of the Day: 

Bitcoin Crash Unlikely [Source][Source][Source]

Veteran trader Peter Brandt suggested Bitcoin might experience a 75% crash, echoing the 2022 collapse, but analysts disagree.

Swyftx’s Pav Hundal and other experts argue that current macro conditions are vastly different from the post-COVID stimulus environment.

The last major crash was driven by Fed tightening and collapses like FTX, which are not present now.

Analysts say today's fundamentals are stronger, making a repeat of the 2022 drop unlikely.

😂 Crypto Meme of the Day: 

Meme of the day provided by @cryptojobslist

And that’s it for this today.

See you all tomorrow’s edition!


Jonathan Gibson
UseTheBitcoin.com