Max Keiser Doubles Down on $2.2M Bitcoin Prediction Amid U.S. Economy Ponzi Scheme Claims

Bitcoin advocate Max Keiser has stirred controversy by likening the U.S. economy to a Ponzi scheme during a heated discussion on X. His remarks followed Elon Musk's criticism of the proposed One Big Beautiful Bill Act (OBBBA), which seeks $150 billion in defense spending amid growing concerns over the nation's escalating debt. Keiser reiterated his bullish stance on Bitcoin, projecting a staggering $2.2 million price target for the cryptocurrency. Currently, BTC is trading at 105,148.49 USDT as of June 4, 2025. Keiser's comments highlight the ongoing debate about the sustainability of traditional financial systems and the growing appeal of decentralized assets like Bitcoin. His prediction aligns with the sentiment of many crypto enthusiasts who see Bitcoin as a hedge against economic instability and inflationary policies. The discussion underscores the widening divide between proponents of decentralized finance and critics of government fiscal policies.

Max Keiser Labels U.S. Economy a Ponzi Scheme, Reiterates $2.2M Bitcoin Prediction

Bitcoin advocate Max Keiser sparked controversy by comparing the U.S. economy to a Ponzi scheme during a heated discussion on X. His comments followed Elon Musk's critique of the proposed One Big Beautiful Bill Act (OBBBA), which seeks $150 billion in defense spending amid concerns over escalating national debt.

Keiser doubled down on his bullish Bitcoin stance, forecasting a $2.2 million price target as traditional finance teeters. "The collapse is inevitable," he asserted, positioning Bitcoin as the sole viable hedge. The debate underscores growing scrutiny of fiscal policy and its implications for cryptocurrency markets.

Bitcoin Price Prediction Today: 4th June

Bitcoin trades at $105,779 as of June 4, 2025, marking a 0.40% daily gain. The cryptocurrency remains range-bound above $105,000, with institutional accumulation outpacing retail participation—a hallmark of early bullish phases.

Binance's spot trading volume surged from 26% to 35%, signaling whale activity. Long-term holders reinforce the trend, with wallets holding BTC for 155+ days reaching a $20 billion realized cap. Meanwhile, Kraken and Bitfinex recorded outflows exceeding 20,000 BTC, their largest this year.

Donald Trump’s Truth Social Ventures into Bitcoin ETF Market

Donald Trump's media company, Trump Media & Technology Group, is making a bold entry into the cryptocurrency space with plans for a Truth Social-branded bitcoin ETF. The initiative gained traction after NYSE Arca filed a Form 19b-4 with the SEC, marking the start of the regulatory approval process. If approved, the ETF will enable mainstream investors to gain Bitcoin exposure without direct ownership.

The ETF will be managed by Yorkville America Digital, with custody handled by Foris DAX Trust, an affiliate of Crypto.com. This collaboration is part of a broader strategy to launch digital financial products under a "Made in America" initiative. Trump Media's aggressive foray into crypto finance includes a $2.5 billion Bitcoin treasury plan and the development of a comprehensive digital finance platform, featuring Truth.Fi and Truth+.

Bitcoin Volatility Nears 2-Year Low as Retail Interest Wanes

Bitcoin's price stagnation below record highs has led to a notable decline in retail interest, with Google search trends ranking the cryptocurrency below 25—far from November's peak of 40 during its rally to nearly $100,000. The subdued sentiment aligns with historically low volatility, as the Bitcoin Volatility Index (DVOL) hovers just above 40, a level unseen since mid-2023.

Deribit's implied volatility metrics underscore the market's lethargy. The IV Rank sits at 2.3, NEAR its yearly low, while the IV Percentile hits a striking 0.3, signaling implied volatility has rarely been this subdued in the past year. This stagnation has forced Strategy (MSTR), a Bitcoin-heavy firm, to pivot to perpetual preferred equity issuance over common stock offerings.

Russia’s Moscow Exchange Launches Bitcoin Futures for Qualified Investors

Russia's $14 trillion Moscow Exchange has initiated Bitcoin futures trading, exclusively for qualified investors. This development marks a pivotal moment for cryptocurrency adoption within the country's regulated financial infrastructure.

The new futures contracts enable speculation on Bitcoin's price movements without direct asset ownership, potentially increasing market participation. Institutional interest in crypto derivatives continues growing globally, with Russia now joining jurisdictions embracing regulated exposure to digital assets.