Grant Cardone: "If I sell the real estate, I'm back to zero assets.
But when I add the Bitcoin on top of it, I could flip the real estate off, return the capital, and still own the BTC."
TRUMP: "Most people have no idea what the hell Bitcoin is. So what happens when they figure it out?
That's going to really be something."
β July, 2024
$1.8T Franklin Templeton to launch two 95% stock / 5% Bitcoin ETFs.
β’ Stock dividends go into Bitcoin.
β’ One tracks S&P 500, the other Nasdaq 100.
Elizabeth Warren once said foreign-owned Bitcoin mines in the U.S. could be used to spy on military bases and bring down the power grid.
Seriously, thatβs the level of the top anti-Bitcoin senator.
βThe most obvious thing for cryptographic hacks is to break SHA-256 and Satoshiβs wallet.β β Chamath Palihapitiya
Can someone please tell him thatβs not how it works?
a) If you break SHA, every bank, cloud service and government is cooked.
b) Satoshi holds 20k+ wallets.
$7B StoneX: Bitcoin holding $80K despite ETF outflows and tech selloff, a "classic sign of strength."
Still inside the October range, could retest $88K if news improves.
HUUUUGE! οΏ½οΏ½
$170B WisdomTree says ZERO Bitcoin is an active underweight, not a neutral position.
"1% BTC position improves a 60/40 portfolioβs risk-adjusted returns."
Gold and silver are down $1.3 trillion in 4 days.
There is no safe haven if the AI investments fail to deliver expectations.
Bitcoin holding above $80K is extremely healthy!
A whale deposited 4,000 Bitcoin into Binance and Deribit, worth $328M β Lookonchain.
Cashing out or a neutral-price derivatives strategy? π€·ββοΈ
Bitcoin is following stocks lower, not moving on its own β QCP Capital.
The crypto market maker and OTC desk says tech earnings, the Iran war, and U.S. midterms are all critical.
Credit stress remains the real constraint as the Fed reassesses its monetary policy.