Today, we announced that Clearstead, a Cleveland, Ohio-based institutional and private client advisory firm with approximately $32 billion in assets under advisement, chose @eaglebrook for digital asset access and education.
I don’t think I will rest or take it easy because I believe that what I am doing is right and rewarding for me and my society, and I’ll continue doing so.
[3/3] Bitcoin’s known, fixed, and immutable supply structure is a unique characteristic where supply cannot increase upon growing demand – the asset is “perfectly inelastic.” While 19M have now been mined, 1M more will be made available by April26, the final to be mined in ~2140.
Excited to announce @eaglebrook has raised strategic capital from @FTI_US, a global investment management organization with approximately $1.5 trillion in assets under management.
https://t.co/Gm9kFAL4h1.
We often say pullback from all time highs in crypto has been in company with equities. Mid-2021 (China bans mining) can be considered bitcoin specific, as equities remained high. Since Monday, Nasdaq was 20.2% from its 52wk highs & bitcoin 44.1%. Pullback appears macro-specific..
Joseph Orsini on @CNBC: “While bitcoin for now trades like a risk-asset given its emerging nature, a seed has been planted for better trading through the next geopolitical turmoil event [...] people around the world saw these use-cases in real-time” https://t.co/lqWLeK0VqQ
While gold completely failed to outperform in anticipation of the greatest inflationary period in 40 years (down 3.6% in 2021), it's now up 3.9% YTD. While gold can have its day, we believe digitalization & changing investor preference will result in bitcoin having the last laugh
To us, the increased willingness for the US central bank to provide stimulus despite its impact on inflation is a significant thematic for long-term bitcoin investors.
Subjective policy making highlights the importance of a hard-coded store of value alternative such as #bitcoin.
Transactions above $1m on the Bitcoin Network now average 64% of daily transfer volume. While this does not take away from the importance of smaller transactions/opportunities for micro-payments, large transactions certainly improve its legitimacy. #Eaglebrook#Crypto#bitcoin
@eaglebrook is adding an additional ~2000 Financial Advisors to our platform in February
The Wealth Management community is adopting #bitcoin and digital assets as part of their client's portfolios
We are only getting started