Ryan Rasmussen

Head of Research ;BitwiseInvest

[Ryan Rasmussen @Rasterl_rock]

In 2024... Bitcoin will set a new all-time high, the spot bitcoin ETF will be the most successful ETF launch of all time, Coinbase’s revenue will double, and more…

Here are 10 Crypto Predictions for 2024 by the team at @bitwise

🧵👇

[Ryan Rasmussen @Rasterl_rock]

U.S. household debt grew to $17.9 trillion in Q3, an increase of $147 billion in 90 days.

Majority of that was mortgage balances increasing to $12.6 trillion (up $75 billion), followed by credit card debt growing to $1.17 trillion (up $24 billion).

[Ryan Rasmussen @Rasterl_rock]

The next Treasury Secretary’s take on bitcoin

[Eleanor Terrett @EleanorTerrett]

Here are the full comments on #crypto and #bitcoin Bessent made on @FoxBusiness in July.

[Ryan Rasmussen @Rasterl_rock]

Presenting to a few hundred financial advisors today about the outlook for crypto following the election.

Might just say nothing and show them this

[Ryan Rasmussen @Rasterl_rock]

Bitcoin is now a $1.7 trillion asset or ~10% of the market cap of gold.

[Ryan Rasmussen @Rasterl_rock]

2 of the top 3 Finance apps in the App Store are crypto exchanges.

It’s gearing up to be a wild week.

[Ryan Rasmussen @Rasterl_rock]

Going live with Bitwise CIO (;Matt_Hougan), Head of Alpha Strategies (;dgt10011), and Senior Investment Strategist (;singularity7x) in a few minutes to talk all things crypto, the election, and where we go from here.

[Ryan Rasmussen @RasterlyRock]

https://t.co/WiYGXMujJ6

[Ryan Rasmussen @Rasterl_rock]

Wow, Tether launched a Trade Finance business earlier this year and last month financed their first physical crude oil transaction. It was a $45 million transaction related to 670k barrels of crude oil settled in USDT

TLDR: stablecoins ftw (Faster. Cheaper. Better.)

[Paolo Ardoino 🤖 @paoloardoino]

Tether Investments (separated from stablecoin reserves) completed in October 2024 its first transaction to facilitate the loading and transporting of 670,000 barrels of Middle Eastern crude oil, valued at approximately $45 million.

With USD₮, we’re bringing efficiency and speed to markets that have historically relied on slower, more costly payment structures.
This transaction marks the beginning, as we look to support a broader range of commodities and industries, fostering greater inclusivity and innovation in global finance.

[Ryan Rasmussen @Rasterl_rock]

Solana has less than 10% to go before becoming a $100 billion asset.

[Ryan Rasmussen @Rasterl_rock]

At a conference for institutional investors (family offices, VCs, financial advisors, etc.), all focused on alternative assets like private credit, real estate, & gold.

Here’s the twist: Crypto is finally getting respect.

Feels like a real shift is happening.

[Ryan Rasmussen @Rasterl_rock]

POV: You’ve held crypto for the past 4 years

[Ryan Rasmussen @Rasterl_rock]

It’s the key moments of the 2024 U.S. election. Major news outlets are on the brink of declaring a winner.

What are they talking about? Polymarket and Bitcoin.

Unthinkable 4 years ago. Unimaginable 15 years ago.

[Ryan Rasmussen @Rasterl_rock]

Huge crypto win in the Ohio Senate where Bernie Moreno (R) defeated Sherrod Brown (D).

Moreno said he’ll defend crypto in the senate & fight Senator Warren’s war on crypto.

Meanwhile, Brown voted against the repeal of SAB121 earlier this year & is openly anti-crypto.

[Ryan Rasmussen @Rasterl_rock]

Balance of power on @Polymarket showing a staggering 69% chance of a Republican sweep.

[Ryan Rasmussen @Rasterl_rock]

Huge movement in the Presidential Election Winner market on @Polymarket

More than $300 million in open interest. Currently forecasting 90% probability of a Trump win.

Bitcoin trading above $74k at all-time highs.

[Ryan Rasmussen @Rasterl_rock]

Senator Warren’s War on Crypto lives to see another day.

[Ryan Rasmussen @Rasterl_rock]

Something something crypto and AI…

[Ryan Rasmussen @Rasterl_rock]

Oh yeah, fintech and payment giants too:

- Visa
- PayPal
- Robinhood…

[Ondo Finance @Ondo]

According to @bitwise's Q3 Crypto Market Review, 13 out of 22 global financial institutions are actively working on tokenization.

As a leader in the tokenization space, Ondo is spearheading efforts to unlock the full potential of tokenization—enhancing collateral management and enabling more capital-efficient cash management.

To learn more about Ondo's tokenized US Treasuries products, visit: https://t.co/RMx6M3jnt3