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Bitcoin to $1M ‘by 2029,’ CIA tips its hat to Bitcoin: Hodler’s Digest, April 27 – May 3

cryptoweekly by cryptoweekly
May 4, 2025
in bitcoin, News
0

Bitwise says its “in house” prediction for Bitcoin is $1 million by 2029, deputy CIA director says Bitcoin “here to stay” — Hodler’s Digest

The US Central Intelligence Agency is increasingly incorporating Bitcoin as a tool in its operations, and working with the cryptocurrency is a matter of national security, Michael Ellis, the agencys deputy director, told podcast host Anthony Pompliano.

In an appearance on the market analyst and investors The Pomp Podcast show, Ellis told Pompliano that the intelligence agency works with law enforcement to track BTC, and it is a point of data collection in counter-intelligence operations. Ellis added:

Bitcoin is here to stay cryptocurrency is here to stay. As you know, more and more institutions are adopting it, and I think that is a great trend. One that this administration has obviously been leaning forward into.

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Recent Posts
  • Bitcoin in a post-Trump world worries hedge fund execs: Eric Semler
  • Bitcoin futures premium falls to 3-month low despite strong BTC ETF inflows
  • Reddit weighs World’s scanning orbs for user verification — Report
  • Thai SEC opens consultation period for token issuance rules
  • Crypto Biz: AI money rush could reshape digital asset industry
  • Norway’s government explores crypto mining ban amid energy supply concerns
  • Bitcoin’s $96B open interest shows role leverage plays in rallies, but there is a risk

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