Key dates for November for the US markets🚨
1-2 Nov: #FOMC rate hike, Forecast- 75 bps hike
4 Nov: US Payrolls, expecting a lower number
8 Nov: US Midterm Elections, Republicans expected to wrest one of House or Senate as per trends
10 Nov: US CPI Forecast- currently 8.1%
Apple is worth $2.6 trillion.
Microsoft is worth $2 trillion.
Amazon is worth $1.3 trillion.
Facebook is worth $435 billion.
#Bitcoin$btc is worth $396 bn despite being significantly more important than all these companies.
#Apple#Microsoft#Amazon#Facebook#cryptocurrecy
Thread on Grayscale : "Next Domino?" 🚨 🧵
Post the FTX blow up, focus is on $GBTC which is trading at 46% discount.
With Genesis suspending withdrawals & DCG needing to raise $1bn by Monday, GBTC is more volatile than $BTC & $ETH atm but what is the truth?
Let's discuss:
Let's Review the Holdings by #Bitcoin ETFs
* Blackrock is completely dominating with over 67,000 BTC purchased out of 72,000 total monthly accumulation.
* Blackrock is also completely dominating trading volume & is more liquid than all the others 'combined'
* Grayscale has
Michael “Gigachad” @saylor just delivered a groundbreaking #Bitcoin interview 🚀
He dives deep into:
- The calculations driving the halving and ETFs
- The strategic genius behind Microstrategy’s approach
- Staying steadfast through the crypto winter
Spread the word on this
