Bitcoin

[Fowl Play]

Wallstreet still buying View attachment 1027522

Just to put things into perspective, even large purchases like this $121 million are frequently less than 1% of total assets to these investment companies... They are purchasing them just so they have a foot in the door incase it moonshots -- they do not necessarily mean "Wallstreet is adopting bitcoin."

In fact, it could be seen as "they are so speculative of it, they only chose to invest 1% of their money in it."

That is generally how I would choose to invest in Bitcoin, only the amount I would not care about losing.

 

[fmyth]

So they will make money on the transaction,.....they make money on transaction, whether the actor is making profit or losing capital, regardless of vehicle.......I am not sure Wallstreet "embraces it as the future benchmark currency", but it's demand for transaction platforms warrants they get in on the transaction profit

True, transaction volume = revenue for them no matter the direction. But Oldenburg's comments (and the OCC trust charter filing) indicate they're going all-in on building native Bitcoin infrastructure—not just dipping a toe. That's more than fee-chasing; it's positioning for a world where BTC is a core asset class for their $9T+ client base. Demand is driving it, and profit follows.

 

[D S 319]

I’ve personally been really enjoying it cheaper.

 

[Beendare]

War is good for Crypto

 

[Silver Wings]

Went ahead and banked this morning’s pop after a short hold. The volatility provides these opportunities. Will rinse and repeat when it looks good again.

 

[RockAndSage]

Went ahead and banked this morning’s pop after a short hold. The volatility provides these opportunities. Will rinse and repeat when it looks good again.

Smart. Pretty sure there's some very big institutional games going on, manipulating prices on leveraged holders, trying to wash them out. Very big bump in prices today, but given the global events and economic climate, crypto prices should be getting hammered. South Korea's stock market just lost 7% of its value, Japan 6, IIRC, at the morning open. This next couple of weeks are going to be an interesting ride.

 

[Silver Wings]

Smart. Pretty sure there's some very big institutional games going on, manipulating prices on leveraged holders, trying to wash them out. Very big bump in prices today, but given the global events and economic climate, crypto prices should be getting hammered. South Korea's stock market just lost 7% of its value, Japan 6, IIRC, at the morning open. This next couple of weeks are going to be an interesting ride.

It’s nearly impossible to really know what’s going on “manipulation” wise…at least for us retail guys. That’s why I trade it almost exclusively by TA. There is so much noise and BS to weed through that it becomes paralyzing…at least for me. TA isn’t perfect by any means, but it takes all the emotion out of the equation.

 

[RockAndSage]

It’s nearly impossible to really know what’s going on “manipulation” wise…at least for us retail guys. That’s why I trade it almost exclusively by TA. There is so much noise and BS to weed through that it becomes paralyzing…at least for me. TA isn’t perfect by any means, but it takes all the emotion out of the equation.

Not familiar with TA, what are the details?