Honored to announce Crypto Decrypted has been awarded Bronze in the category:
"Publication of the Year - Best Business Book!"
Thank you Globee and all who have supported this work!
🚨URGENT UPDATE🚨
.@RaoulGMI goes deep and explains the current crypto crash and where it's all going.
👇 Enjoy! (free signup required) https://t.co/Tl70P698pL
The Bybit hack was a brutal reminder that centralized exchanges (CEXs) continue to be the weakest link in Web3’s security chain.
While Web3 preaches decentralization, many of its most valuable assets still rely on Web2-era security models.
Here is how to fix it 👇
The yellow periods are boring, bitcoin does not move. It's all about the short periods in between: 2013, 2017, end-2020. Those are the fundamental price moves. Don't miss next move!
25 years for SBF. That chapter is now closed. Our industry's Madoff is out of the way.
BTC ETF inflows continue to grow and the new 1 (not counting GBTC) are at $34B.
Markets are flying and we haven't hit the halving yet.
Buckle your seatbelts, we're just getting started.
I'm exited to be speaking at Hedgeweek, US Digital Assets Summit in NYC tomorrow, discussing the opportunity, challenges and best practices around having so much data available to digital asset fund managers and how this will challenge industry norms.
JUST IN: #Bitcoin ETFs are catching up to Gold ETFs for total assets, with more than 50% as much AUM as Gold.
$54b for $BTC
$96b for Gold
💥After just 8 weeks!
BlackRock has filed with the SEC that it will buy #Bitcoin ETFs for their own funds.
They have $10 Trillion in assets under management.
Another $20 Trillion of funds use their Aladdin platform to make portfolio allocations.
BlackRock has stated that the optimal Bitcoin allocation is 84.9% of a portfolio.
Of course, few will do this, but we now have the world's biggest fund manager telling investors to get off zero.
Ernst & Young estimates $200 Trillion of Institutional assets could not touch Bitcoin until an ETF was approved.
Well, now they can!
So what happens if they get off zero?
0.5% allocation from a pool of $200T is an enormous $1 Trillion.
The Bitcoin total market cap is $1.32 Trillion as I type this.
A multiplier of 5-10 could push the Bitcoin price to $600K-$1.2m.
It may take many years for that allocation to work its way into Bitcoin, but the potential is there for a significant re-rating.
Still early! 🤑
This deal is too good to ignore - save 50% on "Crypto Decrypted: Debunking Myths, Understanding Breakthroughs, and Building Foundations for Digital Asset Investing", now through 03/15. @tradecraftjake, and @JamesDiorioJr https://t.co/oRM9JHXmK6
NEW: BlackRock’s #Bitcoin ETF breaks $10 Billion in just 7 weeks.
The fastest ever for an ETF.
It took the Gold ETF $GLD 3 years to reach $10b in assets.