The Institutions Are HERE! Vanguard Buys $560M in BTC Miners, is Warren Buffett Next?
With Bitcoin hovering around $30,453, we analyze the recent sideways trading that has left many wondering about the next big move. Are ETF approvals playing a role in shaping the BTC market? We explore the impact of BTC-related equities outperforming Bitcoin's price and the ongoing debate between spot-driven price action and leverage moves.
But that's not all! Prepare to be amazed by the latest predictions from Standard Chartered Bank. After forecasting a $5k BTC crash in December 2022, they are now predicting a staggering $120k BTC price by next year. We dissect their analysis and delve into what it means for the future of Bitcoin.
Hold onto your seats because institutional adoption has officially arrived! We reveal how Vanguard, a financial giant, has invested a whopping $560 million in BTC mining stocks. The traditional financial world is taking notice of Bitcoin's potential, and we explore the implications of this game-changing development.
And let's not forget about the fascinating growth of real-world assets in the decentralized finance (DeFi) space. We examine how DeFi is expanding beyond the crypto realm and exploring opportunities in real-world assets, opening up new avenues for investors.
Lastly, we touch upon the intriguing observation that DeFi yields are currently lower than treasury bonds. What does this mean for investors seeking lucrative returns? We break down the factors at play and offer insights into the DeFi landscape.
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LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.
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The next question is now wht. It's time to increase the dev space, build more...
WenMoar!
I would be truly flabbergasted to see buffet (or Charlie Munger )enter the crypto space. Maybe BRK through some of the younger managers.
As Buffet's or Munger's idea....just don't see it. Not their style :-)
Then again, I never thought he would enter AAPL.