Goldman: "The institutional Bitcoin net long and hedgefund Bitcoin net short lengths are at record levels".
Is another epic squeeze coming? Source: www.zerohedge.com
The race continues...Bitcoin is up a 'modest' 237% in the last 12 months.
Cocoa is up 310% and NVIDIA 350%. Source: Bloomberg, Jeroen Blokland
It took Gold ETFs 5 years to cross $50 Billion AUM.
Bitcoin did it in 57 days. Source: Bloomberg, Wells Fargo
Why are gold and digital gold (aka bitcoin) rallying?
Sometimes one chart is worth a thousand words... As explained by Tavi Costa, If easing monetary conditions with inflation re-accelerating is the next move, then this is probably the most compelling setup to own hard assets (and storer of values) that we've ever seen. Source: Tavi Costa, Crescat Capital, Bloomberg
Bitcoin Halving
Source: Documenting Bitcoin
Here is the final daily breakdown of bitcoin etfs flows YESTERDAY
in a day when GBTC saw record liquidations (to meet bankruptcy obligations of Genesis and others) and when bitcoin tumbled, Blackrock's IBIT saw a surge of inflows. ETF demand still looks quite strong. Source: www.zerohedge.com
A crypto exchange is investigating a flash crash that sent Bitcoin down to $8,900 yesterday...
Source: Win Smart
JUST IN: Wealth advisor platform Cetera just approved Bitcoin ETFs to be offered to clients.
It has $475 billion in assets under administration and $190 billion in assets under management. Source: Bitcoin Archive, X
