After a $1.8 billion liquidation event rocked the crypto derivatives market, Swan Bitcoin CEO Cory Klippsten joins Kitco News Anchor Jeremy Szafron for a deep dive into the forces driving the market. Klippsten provides a masterclass on the Bitcoin thesis, arguing that the recent volatility is "not a big deal" and that his long-term price targets of $10,000 Gold and $1 million Bitcoin remain firmly intact.

He dismisses the rise of corporate Ethereum treasuries as "just marketing" and argues that staking ETH is "stupid" when the asset is devaluing against Bitcoin. Klippsten also breaks down why he believes the Bitcoin cycles are dampening but not over, and gives his take on the new "crypto-friendly" SEC, the threat of a Digital Euro, and why he believes Bitcoin will eventually surpass Gold's market cap.

During the interview, Cory referenced his in-depth research on the diminishing effects of the Bitcoin halving. For viewers who want a deeper dive into the data and his analysis, you can find the research paper he mentioned at the link below:
➡️ Read the full research here: (https://www.swanbitcoin.com/analysis/...)

Follow Jeremy Szafron on X: @JeremySzafron ( / jeremyszafron )
Follow Kitco News on X: @KitcoNewsNOW ( / kitconewsnow )
Follow Cory Klippsten on X: @coryklippsten ( / coryklippsten )

Disclaimer:
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.

'$10k Gold, $1M Bitcoin': Cory Klippsten's Price Targets After Market Turmoil