7 Crypto to Buy Before the Next Bull Run in 2024

Timing is crucial when it comes to investing in cryptocurrencies, and with the next potential bull run in 2024 on the horizon due to Bitcoin halving, you need a strategic approach.

1. Pikamoon (PIKA) – The Next GameFi Token Set To Explode
Current Price: $0.0007
Market Cap: 10 Million
PIKA is the 1000x GameFi coin you don’t want to miss. That’s why I’ve placed it first on my list of the best crypto for the next bull run.

2. ETHEREUM (ETH)
Current Price: $981.22M
Market Cap: $429 Billion
Both a cryptocurrency and a blockchain, Ethereum is a favourite of ours for multiple reasons.

3. SOLANA (SOL)
Current Price: $200
Market Cap: $89 Billion
Ethereum’s competitor, Solana, is a close third on our list. It can process over 50,000 transactions per second with low gas fees and high security.

4. AAVE (AAVE)
Current Price: $124
Market Cap: $1.8 Billion
The world’s most popular decentralised finance (DeFi) lending platform reached an all-time high of $661.9 in the last bull run. It can easily outperform this time around and surprise yet again.

5. Avalanche (AVAX)
Current Price: $60
Market Cap: $22 Billion
The multi-chain smart contract platform for launching decentralised apps (dApps) holds immense potential as one of the best crypto for next bull run.

6. DOGECOIN (DOGE)
Current Price: $0.1479
Market Cap: $21 Billion
The world’s first meme coin, Dogecoin, has the potential (and a passionate community) to push its price beyond $1 in the next bull run.

7. HEDERA (HBAR)
Current Price: $0.113
Market Cap: $3.8 Billion
On the last spot, I have HBAR – A public network that uses unique Hashgraph technology to provide fast, secure, and reliable online transactions for mainstream markets.

#BuytheDips #CryptoWatchMay2024 #BULL-RUN $HBAR $AVAX $AAVE

3 Meme Coins to Sell in May Before They Crash & Burn

Prevent your crypto wallet from being wiped out by refusing to store funds in these tokens.

ApeCoin (APE-USD):
Bored Ape Yacht Club (BAYC) is facing declining investor interest and internal struggles, signaling a potential downturn.

Shiba Inu (SHIB-USD):
The limited usefulness of a speculative asset requires caution in periods after the hype cycle.

Bonk (BONK-USD):
Rapid growth in a bull market has a downside—a sharp decline from the pressure of more innovative and active competitors.

The long-awaited Bitcoin (BTC-USD) halving did not meet the expectations of many memecoin holders. Instead of a multiple rise, the crypto market witnessed a decline of varying depth. The market capitalization of tokens from the “Meme” category has fallen and is now around the $56 billion mark. With the total market capitalization remaining relatively unchanged, this indicates an outflow of funds. The loss of support levels leads to the fact that investors are already making a list of meme coins to sell. They realize that it is not worth staying in a loss-making asset just because previously they earned money using this token.

Amid a market-wide correction and growing FUD, the balance of risks and possible rewards is changing. During the bull market, meme coins managed to grow in value and become more massive players. If the flow of capital from a certain group of meme coins to projects with a more developed technological base is confirmed, these coins will find themselves in a crisis.

#Memecoins #altcoins #MemeCoinCrash
$BONK $APE $SHIB

Suggest some words!!!

#CryptoWatchMay2024 #BinanceLaunchpool #altcoins

$PEPE
$NOT

The sudden death of Iranian President Ebrahim Raisi in a helicopter crash on May 20, 2024, is likely to have significant political and economic implications for Iran and the Middle East. The possible effects on the market could be:

- *Power Struggle*: Raisi's death may trigger a high-stakes power struggle within Iran, which could lead to political instability and impact the economy.

- *Regional Tensions*: The sudden absence of a key political figure like Raisi could disrupt the delicate balance of power within Iran and beyond, potentially leading to increased regional tensions.

- *Market Volatility*: The news of Raisi's death may lead to market volatility, as investors react to the uncertainty and potential implications for the region.

- *Oil Prices*: As Iran is a major oil producer, any instability or tensions in the region could impact oil prices and the global energy market.

- *Geopolitical Risks*: The death of Raisi may increase geopolitical risks, potentially leading to a re-evaluation of investment strategies and risk assessments in the region.

#Market_Update #BULL-RUN #notcoin
$ADA $MEME $PEPE

Bitcoin price hits $70K as spot and BTC ETF buying surges

Analysts believe Bitcoin price is en route to new highs now that the recent consolidation phase has come to an end.

Bitcoin 

BTC



$70,970

Price rallied to the coveted $70,000 mark amid a noticeable surge in spot buying and spot BTC exchange-traded fund (ETF) purchasing, with the cryptocurrency community pondering whether the bull market is just beginning or nearing its peak. 

Bitcoin charts and spot ETF activity highlight the trend reversal

Analyst “ELI5 of TLDR” suggested that the majority of on-chain indicators point to a nascent bull market, despite some showing topping patterns. The recent support bounce near $60,000 has sparked increased interest, with Farside Investors reporting approximately $950 million in inflows last week, a figure not seen since March.

Should this trend continue, BTC could potentially exceed expectations. Currently, BTC is trading within a few hundred dollars of $70,000, with the 20-day EMA at $64,371 and a positive RSI indicating that an upward breakout is more likely. Overcoming the $68,000 resistance suggests that BTC price is on the path to $73,777, though this level may trigger a strong bearish response.

Conversely, a break below the moving averages could signal a bearish downturn, with potential drops to $59,600 and $56,552.

#bitcoinhalving #BTC #bitcoin
$BTC $FLOKI $SHIB

$22,000 Disappears From JPMorgan Chase Account After Customer Reports Suspicious Activity – Now Bank Says Reimbursement Is Not Happening

An Ohio family says a single phone call led to thousands of dollars being drained from their JPMorgan Chase bank account – and Chase says they’re on the hook for it.

The Kalista family says they recently received a phone call from what was allegedly Chase, notifying them of suspicious activity.

Michelle Kalista says whoever was on the other line sounded legitimate and somehow knew much of her personal information, including her transaction history.

“I never thought I would be a victim of fraud just because I know better… How did they get into my account to begin with? How did they know my transactions? And how were they able to transfer money? None of those things have been answered yet.”

The person told Michelle that someone was trying to wire money to Florida.

Meanwhile, her husband Mike called Chase on his own to confirm there was a real emergency, and the bank confirmed that fraud attempts were indeed taking place.

However, confirming the fraud with Chase employees was apparently not enough to stop the scammer on the phone from accessing the Kalistas’ money.

Mike says there were two unsuccessful wire attempts from their bank account, which is when Chase should have frozen the funds. However, that didn’t happen, and on the third attempt, $22,000 disappeared.
#BlackRock #MicroStrategy #buythedip
$NOT $MEME $BOME

2 cryptocurrencies to reach $50 billion market cap in the first half of 2024

The cryptocurrency market is showing signs of recovery, with the total market capitalization rising by approximately 2.50% in the last 24 hours to reach $2.55 trillion on May 18. 

This ongoing bullish sentiment particularly benefits several cryptocurrencies on the verge of significant market cap milestones, notably the $50 billion mark.

Finbold has identified two altcoins—XRP (XRP) and Dogecoin (DOGE)—that could potentially reach a market cap of $50 billion by the first half of 2024. These digital assets have favorable conditions that could drive their market capitalization higher.

XRP

XRP’s price performance has been challenging for many investors, staying mostly below $1 and struggling to hold support above $0.50. Despite this, optimism is growing about XRP’s future. The ongoing legal disputes between Ripple and the Securities and Exchange Commission (SEC) could be resolved positively for Ripple, providing a significant boost for XRP.

Ripple’s upcoming stablecoin launch is anticipated to attract more users to its platform, benefiting XRP. This new development could drive further adoption and enhance Ripple’s ecosystem.

Dogecoin (DOGE)

By mid-2024, the meme coin DOGE  seems poised to reach the $1 milestone and potentially achieve a $50 billion market cap. The large-cap meme coin has a fully diluted valuation (FDV) of about $28 billion and approximately 7 million on-chain holders.

Renowned crypto analyst World Of Charts suggests that Dogecoin is approaching a critical descending trendline, with a potential breakout that could trigger a 100% surge in its price, aiming for a target of approximately $0.29.
#notcoin #CMEBitcoinSpotTrading #altcoins
$DOGE $XRP

Make $100,000 With 4 Ethereum Meme Coins To Buy In 2024 Bull Run

The Ethereum meme coins to buy include SHIB, PEPE, FLOKI, and MOG. These coins are primed for impressive returns and capitalize on the current bullish crypto market trend.

The Ethereum meme coin market is brimming with potential for investors in 2024. Notable meme coins to buy like Shiba Inu Coin (SHIB), Pepe (PEPE), Floki (FLOKI), and MOG Coin (MOG) are positioned to offer substantial returns. These coins are expected to capitalize on the upcoming bull run, making them attractive, aiming to make $100,000 in significant profits.

1. Meme Coins To Buy – Shiba Inu Coin (SHIB)

Shiba Inu Coin (SHIB) continues its impressive rise in decentralized finance, marked by a robust 12% value surge. Known as the second meme coin, SHIB has shown a 7% increase over the past week, signaling a bullish trend.

2. Pepe (PEPE)

Pepe (PEPE), an Ethereum-based cryptocurrency, is also gaining significant attention. With a current market cap of $4.04 billion, Pepe coin has secured the 24th position in market rankings. The Pepe price stands at $0.000009691, experiencing a remarkable 482% surge over the past year. This performance marks PEPE as the leading meme coin on CoinMarketCap.

3. Floki (FLOKI)

Floki (FLOKI), initially known as a meme coin, has now made significant strides in the Web3 space. Incorporating aspects of the Metaverse, decentralized finance (DeFi), and non-fungible tokens (NFTs), it has earned the nickname “The People’s Crypto.” Floki’s blend of meme appeal and real-world utility sets it apart in the cryptocurrency sector.

4. MOG Coin (MOG)

MOG Coin (MOG) is also making waves in the cryptocurrency world with its unique meme-driven approach. MOG Coin price value now stands at $0.0…06229, marking a 0.10% increase in the last 24 hours. 

#Memecoins🤑🤑 #notcoin #MemeWatch2024

Bitcoin Is Booming, Hits Highest Price Since the Halving

The price of Bitcoin just touched its highest point since last month's halving, hitting a level not seen in more than a month.

The price of Bitcoin has surged to its highest since the much-talked about halving event on April 19, touching a recent high of $67,422 on Friday before dipping again.

CoinGecko data shows that the biggest digital asset is up by nearly 3% in the past day. Over seven days, the coin has risen by more than 9%. It's now priced at $66,750. Bitcoin last hit today's high price on April 13, more than a month ago.

Bitcoin dropped following the halving—a quadrennial happening baked into the coin's code—though experts told Decrypt that was to be expected.

A combination of factors including geopolitical turmoil, cooling hype surrounding the new spot exchange-traded funds (ETFs), and investor uncertainty surrounding the Federal Reserve's next moves caused the virtual asset to nosedive down to under $57,000 last month.

It has been rising ever since, though Bitcoin's price is still below its all-time high price of $73,737 set this March.

The Bitcoin halving took place late on April 19 in the United States. It led to miners, the power-hungry operations that process transactions on the network, having their rewards cut in half from 6.25 BTC to 3.125 BTC for each block they process.

Designed as a feature of Bitcoin to make it deflationary, the idea is that the event will make sure that as time goes on, it becomes more difficult to make new virtual coins. Four halvings have now taken place, and after about a year following each one, the coin has typically risen in price.

Bitcoin's rise this year has mostly been thanks to new investors putting money into the asset via the new spot ETFs, which were approved in January. The investment vehicles have been massively popular, receiving billions of dollars in inflows.
#BlackRock #notcoin #ETHETFS
$WIF $PEPE $DOGE

2 cryptocurrencies to reach $100 billion market cap in the first half of 2024

Bitcoin (BTC) recent surge to a record high of $73,750, followed by a pullback to $61,000, has set the stage for what many in the cryptocurrency sector believe could be the onset of an altcoin season. Analysts’ diverse predictions hint at a massive upswing in altcoin valuations.

This ongoing bullish sentiment particularly benefits several cryptocurrencies on the verge of significant market cap milestones, notably the $100 billion mark. 

Consequently, Finbold has identified two cryptocurrencies likely to surpass this threshold.

BNB Chain (BNB)

BNB, the native token of Binance, is showing robust potential to reach and potentially exceed a $100 billion market cap. This potential is anchored in Binance’s continuous strategic expansions and innovative developments within its ecosystem.

Currently holding the fourth position in the crypto market by market cap, BNB boasts a valuation of approximately $85.6 billion and trades at $580.28, marking a 2% increase in the last 24 hours.

Solana (SOL)

Solana (SOL), currently the fifth-largest cryptocurrency by market cap, stands at $68,472,570,217 and is backed by strong investor confidence. 

The Solana ecosystem has been vibrant, particularly with SOL-based meme coins like the WIF token and BONK seeing significant trading volume increases. These trends highlight growing investor interest and positively impact Solana’s market value.

#notcoin #altcoins #MemeWatch2024
$BNB $SOL $NOT

$1.5 TRILLION WALL STREET GIANT MORGAN STANLEY BUYS BITCOIN ETF EXPOSURE

Morgan Stanley, one of the largest Wall Street firms with $1.5 trillion AUM, has disclosed a $270 million investment in spot Bitcoin ETFs.

Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated.

After the SEC approved several spot Bitcoin ETFs earlier this year, investors have eagerly awaited these disclosures. The filings reveal names like the State of Wisconsin Investment Board, Wells Fargo, JPMorgan and others.

Now, the latest disclosure shows mammoth financial services firm Morgan Stanley has bought $269.9 million worth of Grayscale's GBTC. This makes Morgan Stanley one of the largest institutional holders of GBTC, besides Susquehanna's $1.8 billion position.

With over $1.5 trillion in assets under management, this allocation signals the Wall Street titan's growing conviction in bitcoin's role in portfolios. 

It joins other major banks like JP Morgan, BNP Paribas, and Royal Bank of Canada that have disclosed spot Bitcoin ETF purchases.

Despite some firms like Vanguard opposing Bitcoin, the broader shift has been toward embracing Bitcoin exposure. Clients are demanding access to Bitcoin's growth prospects as both an inflation hedge and an alternative asset class.

#ETHETFS #notcoin #BlackRock
$ADA $SHIB $FLOKI

JPMorgan investors weigh CEO Dimon's strategy, succession after record year

NEW YORK (Reuters) -With JPMorgan Chase coming off a year of record profits, investors are eager to learn about the firm's succession plans, investments in artificial intelligence and opportunities beyond traditional banking.

Chief Executive Jamie Dimon and his team will be presenting their growth strategies and financial targets on Monday at JPMorgan's investor day in New York.

More than 18 years into Dimon's tenure as CEO of the bank, JPMorgan's shares are trading near record levels.

Still, Dimon said the bank needs to grow and stay ahead of a varied group of competitors including rival banks, fintech companies and private creditors.

He delivered the message at a gathering of hundreds of the bank's top leaders in Miami in February, reminding them not to get complacent, according to two sources who were present at the event but declined to be identified discussing an internal meeting. A JPMorgan spokesperson confirmed the content of the meeting.

Shareholders agree with Dimon's priorities.

"We would want to see what the bank is investing in, the growth pockets, the product diversification they are making and the opportunities that they see beyond traditional banking," said David Ellison, a portfolio manager at Hennessy Funds, which manages $4 billion and owns JPMorgan stock.

The largest U.S. lender has flourished on surging interest payments and an influx of deposits, including from its purchase of collapsed lender First Republic Bank last year. Its stock has risen about 20% in 2024, outpacing an S&P index of bank shares.

#notcoin #BlackRock #altcoins
$BTC $ETH $SOL

Market expert sets Bitcoin price for August 2024

Bitcoin (BTC) is once again flirting with the possibility of reclaiming a new record after successfully breaching the $65,000 resistance mark.

As the maiden cryptocurrency seemingly benefits from the euphoria around the latest United States inflation data, technical indicators suggest that a new record high for Bitcoin is on the horizon.

Particularly, in a TradingView post on May 16, crypto trading expert TradingShot suggested that Bitcoin might be in line to clinch the $150,000 target by August 2024. 

The analyst pointed out that Bitcoin has shown signs of resurgence, buoyed by a recent 25% correction which the expert deemed as normal within bull cycles. 

TradingShot also observed that Bitcoin had closed above the one-day moving average 50 (MA50) after two consecutive rejections, indicating that Bitcoin’s upward trajectory seems promising.

The trading expert also reviewed Bitcoin’s long-term chart, particularly the one-week timeframe, where the crypto appears to be at a cyclical stage. Historically, during similar cycles, Bitcoin has embarked on its most aggressive rallies. 

#CMEBitcoinSpotTrading #notcoin #MemeWatch2024
$SHIB $FLOKI $ADA

‘Very Important’—The Bitcoin Price Is Suddenly Braced For A ‘Massive’ China ETF Crypto Flip

BitcoinBitcoin +1.7% and cryptocurrencies have exploded this year, fueled by a Wall Street spot bitcoin exchange-traded fund (ETF) earthquake (which might be just getting started).

The bitcoin price has returned to its 2021 peak, propelling crypto to the top of the political agenda and causing billionaire Mark Cuban to issue a serious crypto warning to president Joe Biden.

Now, as Twitter founder Jack Dorsey reveals his plan to turbocharge the bitcoin price, attendees of a Hong Kong bitcoin conference have sparked speculation the much-hyped Hong Kong spot bitcoin ETFs could eventually be opened up to mainland China investors.

"What I’m optimistic about is, with these rules and these regulations now in place, Hong Kong actually may find a way to be this bridge for China to bitcoin and to the greater crypto ecosystem in a way that’s more safe, more controlled or regulated," Ben Gagnon, chief mining officer at Canada-based Bitfarms, told the South China Morning Post on the sidelines of the Bitcoin Asia conference in Hong Kong, adding the Hong Kong bitcoin and ethereum ETFs could be a "conduit for Chinese investors."

#ETHETFS #ETFvsBTC #Market_Update
$BONK $BOME $SOL

5 Best Altcoins to Buy this Week

As the crypto market continues to consolidate, traders are seeking the best altcoins that could explode on the next leg up.

With that in mind, this article provides five of the most promising altcoins to buy this week. We consider prices, trends, narratives, tokenomics, and expert opinions. Let’s dig in.

1. Mega Dice

Mega Dice is a hyper-successful crypto casino with an established track record and a myriad of impressive accolades. 

2. 5th Scape

5th Scape is a leading cryptocurrency in the VR domain. Intertwining VR and blockchain technology, 5th Scape vies to revolutionize the gaming industry with heightened experiences, asset ownership, and much more.

3. Render

Render is a leading cryptocurrency with exposure to several of the most prominent and emerging industry narratives.

4. Toncoin

Another crypto enjoying monumental interest recently is Toncoin. This is a Telegram-native layer 1 blockchain that provides the social media platform’s 900 million users with seamless access to crypto.

5. 99Bitcoins Token

Currently undergoing a presale, the 99Bitcoins token offers a rare opportunity to buy a project with massive potential from the ground up.

#altcoins #Memecoins #buythedip
$RNDR $WIF $MEME

Bitcoin crosses $66K as traders eye 2 key indicators for $70K target

The Gann Fanns model and an emerging Inverse Head and Shoulders pattern are top of mind for traders to see if Bitcoin can “bounce” above its all-time high.

Bitcoin 

BTC



$65,941

 jumped 7.54% in the past 24 hours and pushed past $65,000 amid positive United States inflation data with traders now keeping an eye on two key indicators for a potential rise to $70,000.

Pseudonymous crypto trader Blockchain Mane told Cointelegraph they are closely observing the Gann Fans model — a key indicator which analyzes the geometric and cyclical movement of the crypto market — to see if Bitcoin can “remain bullish.”

“Gann Fans are interesting, almost like a time and price momentum indicator,” they said, explaining it helps to better visualize the market cycles and price action.

“In terms of Gan timing, we are at a pivot in the market cycle, directly in the center of the current square. if we pivot to the upside, then we can see a markup phase until the end of May,” they explained.

However, they warned, “if we lose this break then we will probably see the sideways, downtrend continuation until the end of May.”

#BTC☀️ #pricepridiction #buythedip
$ETH $BNB $SOL

$2 BILLION IN SPOT BITCOIN ETFS: MILLENNIUM MANAGEMENT REVEALS INVESTMENT IN SEC FILING

The investment management company reported owning over $800 million of BlackRock's Bitcoin ETF alone.

In a new disclosure, investment management company Millennium Management has revealed holdings of almost $2 billion in spot Bitcoin ETFs. This revealing was made through a SEC 13F-HR institutional investment manager holdings report filed today, and underscores the increasing interest and investment in Bitcoin ETFs by major institutional players.

The firm reported owning for a combined total of $1,942,591,163:

- $844,181,820 of BlackRock's iShares Bitcoin Trust

- $45,001,320 of ARK 21Shares Bitcoin ETF

- $44,737,805 of Bitwise Bitcoin ETF

- $202,029,915 of Grayscale Bitcoin Trust

- $806,640,303 of Fidelity Wise Origin Bitcoin Fund

Millennium Management's substantial investment comes just a day after the State of Wisconsin Investment Board (SWIB) disclosed its holdings of almost $100 million in BlackRock's spot Bitcoin ETF (IBIT) and $62 million in Grayscale's GBTC. This wave of institutional interest highlights a growing trend among major financial entities to include Bitcoin ETFs in their portfolios.

#ETHETFS #ETFvsBTC #Market_Update
$SHIB $FLOKI $ADA

Crypto trader turns $3K into $46M in one month as PEPE price soars

The savvy cryptocurrency trader is up over 15,000 fold on his initial $3,000 Pepe investment in just one month.

An unknown trader made over $46 million in profit by trading the Pepe
PEPE

tickers down
$0.000010

memecoin. Can the GameStop saga bring back memecoin season?

Trader made over 15,000x profit on PEPE

A savvy trader made $46 million in profit, which is an eye-watering 15,718-fold return on his initial $3,000 investment.

The unknown wallet bought 4.9 trillion PEPE for $3,000 on April 15, which is currently worth over $56 million. The trader sold 1.41 trillion PEPE for $7.4 million and is currently sitting on 3.5 trillion PEPE, worth $38.9 million, according to Lookonchain’s May 15 X post.

Pepe’s current $4.5 billion market capitalization makes it the third-largest memecoin behind Dogecoin 

DOGE



$0.16

 and Shiba Inu (SHIB). Pepe is up over 40% over the past seven days. 
#Memecoins #buythedip #MicroStrategy
$PEPE $BONK $BOME

BlackRock bags one-third of $1.3bn tokenised US bond market only two months after launch

BlackRock’s Ethereum-based tokenised fund has secured about a third of the $1.3 billion tokenised Treasuries market in just under two months, according to data shared by S&P Global Ratings.

BUIDL has bagged $381 million since its March 20 launch, enabling it to leapfrog rival Franklin Templeton’s Franklin OnChain US Government Money Fund, which has $360 million in tokenised Treasuries on Polygon and Stellar.

Crypto market movers

Bitcoin is up 4.7% in the last 24 hours, trading at $64,700.

Ethereum rose 2.7% in the same period, now at $2,980.

Solana and Avalanche are both up 7%.

Stepping stones

BlackRock’s fund began with $100 million in funding, and attracted another $160 million in the week after its launch. It has gained over $80 million in the last month.

About two dozen other players, such as real-world asset tokenisation platform Ondo Finance, hold the remaining third of the tokenised bond market.

#BlackRock #MicroStrategy #buythedip
$BTC $ETH $BNB

BlackRock, Fidelity, Bitwise Bitcoin ETF Grab $205M From New York RIA

The U.S. Spot Bitcoin ETFs have seen a surge in institutional adoption and Pine Ridge Advisers, an RIA based in New York, has also allocated a sizable stake in these funds.

Pine Ridge Advisers, a New York-based registered investment advisor (RIA), has allocated a substantial $205 million across various Spot Bitcoin ETFs. These funds include the ones managed by industry giants BlackRock, Fidelity, and Bitwise. This event adds to the soaring institutional adoption of Bitcoin ETFs.

New York RIA Invests In IBIT, FBTC, BITB

The above-mentioned allocation represents approximately 23% of Pine Ridge Advisers’ total assets under management (AUM). Moreover, Eric Balchunas, Senior ETF analyst at Bloomberg, shed light on this development. In a post on X, he stated, “Another big holder just rolled in Pine Ridge Advisers, which owns $205m of $IBIT $FBTC and $BITB which accounts for 23% of their total aum. Likely some kind of arb trade tho vs say an RIA putting 1/4 of grandma’s portfolio in btc.”

This move underscores a growing trend among traditional financial institutions and RIAs to venture into the burgeoning crypto market. In addition, the decision to spread the investment across various Bitcoin ETFs managed by different firms such as BlackRock, Fidelity, and Bitwise indicates a diversified approach by Pine Ridge Advisers.

According to the snapshot shared by Balchunas on X, the New York advisor has allocated the biggest stake in Fidelity Wise’s FBTC. The FBTC Bitcoin ETF has attracted $93.38 million worth investments from Pine Ridge Advisers, which accounts for nearly 11% of its portfolio.

On the other hand, BlackRock’s IBIT ETF accounts for a sizeable stake of $83.17 million. Whilst, Bitwise’s BITB ETF boasts a share of $29.26 million in the New York RIA’s portfolio. Hence, the total BTC ETF investments amount to a whopping $205.81 million.
#BlackRock #GME #PEPEATH
$PEPE $BOME $GMT