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?

 

[Silver Wings]

Not familiar with TA, what are the details?

Technical Analysis
If you look up Gareth Soloway/Verified Investing and Ben Cowan on YouTube you can see their videos on chart analysis.

 

[RockAndSage]

Technical Analysis
If you look up Gareth Soloway/Verified Investing and Ben Cowan on YouTube you can see their videos on chart analysis.

Ah, gotcha.

 

[fmyth]

Kraken’s banking unit has won access to the Federal Reserve’s core payment systems, making it the first crypto firm to be able to move money on the same rails used by thousands of banks and credit unions.

Link

 

[MountainTracker]

Gov backed Fannie Mae to accept btc and ucdc as down payment for homes.

No margin calls. Mortgage terms hold even if btc loses value.

I need to do more research, but this may be a way to avoid tax from gains. At least that’s how I’m reading it.


Sent from my iPhone using Tapatalk

 

[KsRancher]

Bringing this turd back to the top in hopes someone has some good news that actually might give me a little hope. Just pulled up a 6 month, 1yr and 5yr chart if BTC and the SPY. And yes, I know there is more to it than that. But those seem to be 3 good things to look at. I am here to tell you it looks WAY different than it did 6 months ago. 6 months ago you felt stupid for not having it compared to SPY. Now its exactly the opposite.

 

[RockAndSage]

Bringing this turd back to the top in hopes someone has some good news that actually might give me a little hope. Just pulled up a 6 month, 1yr and 5yr chart if BTC and the SPY. And yes, I know there is more to it than that. But those seem to be 3 good things to look at. I am here to tell you it looks WAY different than it did 6 months ago. 6 months ago you felt stupid for not having it compared to SPY. Now its exactly the opposite.

Good news: Crypto is on sale. It will continue to go on sale at increasing discounts as the various global markets spasm from the war in Iran and oil prices, and institutions start stress fracturing. Oil supply shortages will lead to increasing financing demands by companies dependent on oil and its products, which will lead to dollar shortages - and that liquidity shock is the turning point. As soon as the Fed and USG start injecting liquidity in response, cryptos are going to absolutely skyrocket. Right now, we're in the best time to by crypto over the last 4 or 5 years, at the absolute bottom of a pricing cycle.

 

[NortheastOutdoors]

I'll probably jump in now that its dipped

 

[Sabot]

I’m relatively new to BTC but trying to diversify assets. My DCA is in the 90s right now so still well underwater but I do believe BTC 200k will happen in the next few years.

 

[fmyth]

From Fidelity:

The Question Every Institutional Investor Needs to Answer​

Bitcoin remains a relatively young asset, and other digital assets are even earlier in their development. Despite this, bitcoin has quickly matured into a major asset class, at times eclipsing silver and even approaching the ranks of the 10 largest publicly traded equities by market cap. It has also been the top performing asset in 11 out of the past 15 years.

The central question is no longer whether bitcoin deserves consideration in a portfolio, but rather: What is your current bitcoin allocation, and why?

For some, a zero allocation may still be appropriate. However, the Fidelity Digital Assets® Research team believes that institutional investors and money managers now need a well-informed rationale for maintaining a zero-weight position.

Getting Off Zero:Evaluating Bitcoin in 2026

Bitcoin’s role in modern investment portfolios See how even a small bitcoin allocation has the potential to produce a meaningful impact on long-term portfolio outcomes.

fidelitydigitalassets.com

 

[fmyth]

Bringing this turd back to the top in hopes someone has some good news that actually might give me a little hope. Just pulled up a 6 month, 1yr and 5yr chart if BTC and the SPY. And yes, I know there is more to it than that. But those seem to be 3 good things to look at. I am here to tell you it looks WAY different than it did 6 months ago. 6 months ago you felt stupid for not having it compared to SPY. Now its exactly the opposite.

Look at the 10 year chart.

 

[MountainTracker]

Wall Street Firms And Crypto Companies To Review Market Structure Proposals

Crypto and banking industry representatives will review a revised stablecoin yield proposal this week as lawmakers try to resolve a months-long dispute over whether stablecoin issuers should be allowed to offer yield.

bitcoinmagazine.com

No matter where you sit on this topic, crypto is happening.


Sent from my iPhone using Tapatalk

 

[Silver Wings]

Bringing this turd back to the top in hopes someone has some good news that actually might give me a little hope. Just pulled up a 6 month, 1yr and 5yr chart if BTC and the SPY. And yes, I know there is more to it than that. But those seem to be 3 good things to look at. I am here to tell you it looks WAY different than it did 6 months ago. 6 months ago you felt stupid for not having it compared to SPY. Now its exactly the opposite.

I don’t know what your average is, but it sounds like you bought at the high end of the cycle???
If you look back at the charts for the midterm years you’ll see what you likely have to look forward to. That’s the bad news. The good news is you’ll have opportunities to keep buying and get your average down. Tune out all the narrative driven analysis, there is just so much BS to wade through trying to find anything useful. The charts have a pretty well defined road map. The latest top and our current prices were called by the better TA guys.
To quote the late Llewelyn Moss… “You’re in the jackpot and I’m trying to get you out of it”