Crypto style returns available everywhere you’l like them 🫠ASOS & Aston Martin similar stories 📉
#Raisin
Does anyone have a opinion on Raisin savings accounts? (EU) What country are they from? How long do they exist? How is the KYC? Yes, yes I know crypto is better but that's not my question.😁
Be careful for what you DON'T wish for in life, because it may come true
In late 2020 - early 2021 I looked back at that cursed price action of 2019 and thought to myself "damn, how the fuck people survived that shitshow; 27 weeks of down only with altcoins making new lows every day, thanks god I missed that hell".
Me today: 😐
Highly recommend this podcast series to learn about venture capital. Such dope insights & stories from OGs like Doug Leone at Sequoia Capital
The founder of service now (a company they invest in) gets an offer for $2bn, Doug fights tooth and nail to get them NOT to accept, a few years later it’s worth $150bn
“Sometimes you gotta look at what could be down the road and let it ride” 👀
Institutional Bitcoin Accumulation: A Growing Trend
Institutional interest in Bitcoin has increased, with major companies and the launch of Bitcoin Exchange-Traded Funds (ETFs) marking significant investment milestones. MicroStrategy leads the way, holding over 1% of the total Bitcoin supply, with others such as Marathon Digital, Galaxy Digital and Tesla also heavily invested. Canadian and international companies such as Hut 8, Hive, Nexon and Phoenix Digital Assets are also accumulating Bitcoin. Combined, these companies hold over 340,000 BTC, reflecting strong institutional confidence. Bitcoin ETFs have further fueled accumulation, adding over 91,000 BTC recently, bringing total control to around 1.24 million Bitcoin, or 6.29% of the total supply.
Global Bitcoin Adoption Trends: An Overview from 2019-2024
From 2019 to 2024, Bitcoin adoption has shown varying trends across countries, reflecting changes in the global cryptocurrency landscape. Argentina has seen a notable increase in Bitcoin usage, reaching 30% in 2024, largely driven by economic instability. Similarly, Brazil and India have seen significant growth in adoption, particularly in 2022, driven by the rise of digital financial services. In contrast, Switzerland and the United States have shown a more steady and gradual increase, suggesting more controlled and mature markets. Overall, these trends highlight a growing global interest in Bitcoin as an investment asset and a hedge against economic uncertainty.
FBI warns that North Korea is trying to hack and steal US crypto & #Bitcoin ETF funds.
Emerging Asian currencies outperformed their Latin American counterparts in August, buoyed by a weaker dollar. The Philippine peso (PHP) saw its best monthly gain in 18 years, while the Indonesian rupiah (IDR) reached its highest level in over four years. In contrast, Latin American currencies like the Mexican peso (MXN) faced significant declines due to domestic challenges and fluctuating commodity prices. Despite this, the softer dollar and hopes of a U.S. economic soft landing offer emerging markets some relief, creating opportunities to cut interest rates and focus on domestic growth. According to Ehsan Khoman, head of emerging market research at MUFG, central banks in countries such as the Philippines, Singapore, South Africa, South Korea, Taiwan, and Turkey are expected to follow the lead of early rate-cutters in Latin America and Central and Eastern Europe for the remainder of the year.
