Grayscale holds 643,572 #bitcoin in $GBTC which is likely to soon turn into an ETF. There is no scenario where BlackRock wants to be the 2nd or even 3rd largest ETF out there.
BlackRock likely cannot acquire enough #bitcoin on any public or private market to become the top player in this space. They will likely be forced to buy other big companies who hold large amounts of Bitcoin at an extreme premium AND acquire $btc causing absolutely enormous demand.
Aside from just BlackRock, if any of the dozen or so ETFs get approved, the demand for #btc is about to be much stronger than anything this space has ever seen. The first genuine Bitcoin supply shock is about to become real as there is simply hardly any available Bitcoin on exchanges and hardly anyone willing to sell.
Do not trade Bitcoin, only add to it. Deploy extreme patience. Stop following and listening to those that make you become irrational and shortsighted. There is literally no TA here that makes sense as we head into uncharted territory.
Most importantly, enjoy the ride ahead. Wishing success to everyone out there.🚀
30k followers! What!
I just realised. That's so cool, thanks everyone. To celebrate I want to do a giveaway of a 1 hour 2D/3D enviro art mentorship session.
Please LIKE and REPOST this post for an entry, and I will pick a winner randomly on Monday 13th November, 2pm GMT.
@sebastiangenlun HTC vive and meta quest 2 are fairly good if you're looking for lower price ranges, there's more niche companies too that have headsets at cheaper prices tho.
A deep dive into crypto investing for lazy people. 😅
I've been studying the crypto market index token #AMKT by @alongsidefi@0xgaut
It tracks the top 25 cryptos by market cap, but it skipped some like #BNB or #XRP
Here's why (I know you're eyeing that couch 🤣).
A thread. 🧵
@Murfski_ This advice applies even more so at night time, don't just walk anywhere. Most areas that aren't as safe will mostly not be around the popular areas. There is also a lot of police around at any time of day which is good too so don't stress and have a fun holiday!
@Murfski_ Paris is relatively safe a city, stay around main streets and monuments and keep an eye on ur stuff. Metro is safe but always stay fully aware and don't flash your money around. I recommend renting an electric scooter it makes it worth it, taxis try to scam. 🙌
If I had 1ETH to spend I'd spend at least 3 on you @pipouz01 ! Loving the amazing pieces! Like and RT so that this spreads, definitely deserves exposure! 🤝🤩🤌🔥
A new NFT wallet draining exploit is taking shape that uses a mixture of social engineering and takes advantages of the "degen meta"
Let's break it down
Thread: Here’s The Biggest Stablecoins You Can Actually Invest In
🧵
So… as I’ve said before, I think stablecoins are clearly the stickiest ‘use case’ for crypto/defi so far, and I sincerely believe we’ll one day have trillions of dollars of them on-chain…
1/x