Gayatri

Research @BitwiseInvest | Cogito ergo sum

[Gayatri @GayatriPC_]

@tracyalloway that jar of oil you used to have on your desk must be worth its weight in gold by now

[Gayatri @GayatriPC_]

@KobeissiLetter Wen thread?

[Coinbase 🛡️ @coinbase]

We're approved to launch in India. 🇮🇳

[David Sacks @davidsacks47]

Over the past decade, the federal government sold approximately 195,000 bitcoin for proceeds of $366 million. If the government had held the bitcoin, it would be worth over $17 billion today. That’s how much it has cost American taxpayers not to have a long-term strategy.

[Gayatri @GayatriPC_]

@theobservoor @RasterlyRock @bitwise @Matt_Hougan @singularity7x I’ve never felt so seen 😭

[Gayatri @GayatriPC_]

Stablecoin transaction volume is now just 1% shy of Visa's payment volume as of Q3 2024. The future of payments isn’t coming — it’s here.

[Gayatri @GayatriPC_]

Base transaction growth:
1 year: +1,836%
Since launch (Q2 '23): +96,266%

That’s not a typo. That’s what exponential adoption looks like.

[Gayatri @GayatriPC_]

Solana Fee Revenue FY 2023 = $ 26 mil
Solana Fee Revenue FY 2024 = $ 751 mil
Thats a >2800% increase thanks to Raydium, https://t.co/b89dP0EO1h and Jito

[Hunter Horsley @HHorsley]

Bitwise is now nearly 100 professionals, stewarding over $12,000,000,000 for investors.

All have left tradfi or tech to devote themselves to Bitcoin & crypto full time.

Team spans 6 time zones, offices in SF, NY, London.

I'm in awe every day at what this group gets done. Grateful.

[Gayatri @GayatriPC_]

6.35pm PDT, December 4, 2024
BTC breaches $100,000

One for the ages, folks. WGMI 🫡

[gaut @0xgaut]

Statisticians vs. Polymarket

[Nate Geraci @NateGeraci]

Crypto industry raised more $$$ for candidates this election cycle than *oil & gas* and *pharmaceutical* industries…

Think about that for a minute.

Crypto going mainstream.

via @EleanorTerrett

[Gayatri @GayatriPC_]

@dlawant Woahhh

[gaut @0xgaut]

all in the same week

[Gayatri @GayatriPC_]

Humankind has figured out commercial space travel, but making Sharepoint user friendly seems to be beyond our capabilities.

[Gayatri @GayatriPC_]

Stablecoins are gearing up for a breakout year:

1. Ripple’s RLUSD, backed by $ deposits and TBills, is coming to the XRP Ledger & Ethereum.
2. Wyoming wants a state-backed stablecoin by Q1 2025 for daily payments
3. Robinhood and Revolut both exploring stablecoin projects
4. Ethena plans to launch it's 2nd stablecoin, UStb, which would invest its reserves in...BlackRock’s BUIDL?

The stablecoin wars are just starting.

[Hunter Horsley @HHorsley]

A Bitwise client, RIA ~$100M AUM, invested 2.5% of client assets in bitcoin earlier this year with us.

They recently increased that to >6%.

There are more and more advisors who have as much conviction as anyone else. We're grateful to support them.

The drumbeat continues.

[Bitwise @Bitwise]

“It matters who controls the money supply.”
-Bitcoin