Who Will Trump The First Bitcoin Superpower? ₿
Who Will Trump The First Bitcoin Superpower? ₿
Bitcoin hits $75K, but is $100K around the corner?
Bitcoin and “Crypto” related businesses are also feeling the excitement!
Is a Bitcoin ETF the key to Everyday Joes unlocking crypto profits?
Your drinking habits may be why Tom Holland (aka Spiderman) is raising a glass and joining the booze-free revolution
🚀 Bitcoin’s Trump Bump, Election Victory Reactions
Donald Trump’s 2024 presidential win sent shockwaves through the crypto market. Known for his pro-crypto stance, Trump has pledged to turn the U.S. into a “Bitcoin superpower” with plans to establish a strategic Bitcoin reserve. Investors took note, and confidence in not just Bitcoin but all major Crypto Currencies (digital assets) surged.
Within hours of the election results, Bitcoin skyrocketed to an all-time high of $75,361, an 8.96% jump in a single day. 📈 Analysts now predict Bitcoin could possibly hit $100,000 by year’s end, driven by expectations of looser regulations and a more crypto-friendly environment. Let’s not forget, in 2010 someone brought two pizzas for 10,000 Bitcoins. 🍕
📊 Crypto-Related Stocks Surge Post-Election
Trump’s victory also boosted the stock prices of several crypto-related companies. The day the election results were announced we saw three big movers.
Coinbase as a leading crypto exchange platform, their stock soared 31%.
MicroStrategy which is famous for its massive Bitcoin holdings, their share holders saw a significant increase of 13.17%.
Riot Platforms a major Bitcoin mining company, they saw some of the crypto love and their stock surged by 26%.
So, if all this Bitcoin buzz has you intrigued, but you’re not quite ready for the deep end with private keys and cold wallets, there’s another way to get in on the action—Bitcoin ETFs.
📈 Bitcoin ETFs - dipping your toes in
Bitcoin ETFs are emerging as a gateway for traditional investors to dip their toes into crypto without the stress of managing wallets or worrying about account hacks.
Take BlackRock iShares Bitcoin Trust (IBIT), for instance. Launched in 2024, it’s already sitting on $34.3 billion in assets with a low expense ratio of 0.25%. Sounds impressive, right? Meanwhile, Grayscale Bitcoin Trust (GBTC) isn’t far behind, managing $15.2 billion.
What do we mean when we say “billion in assets”? That is how much cash and crypto (valued back into US Dollars) they are each looking after. Needless to say, we’re talking BIG numbers with some very serious investors actively involved. With numbers like these, it’s no surprise cryptos like Bitcoin are becoming more mainstream.
AUM = Assets Under Management / TER = Total Expense Ratio
Why Consider ETFs?
The pitch: ETFs offer liquidity (ability to convert to cash with less hassle), regulatory oversight (you’re not buying this in a carpark from Steve off of Facebook Marketplace), and hassle-free trading on major exchanges. No more fumbling with private keys or sweating over lost seed phrases. But let’s not get carried away. ETFs come with their own baggage—fees, potential tracking errors, and a disconnect from the true decentralized ethos of crypto. If you are here for the profits and not the ethos you’ll hear all about “expense ratios” and “TER” which basically means how much they charge you, which will happen silently behind the scenes.
Some people view this as training wheels for crypto-curious investors, not the endgame. They offer exposure, sure, but they don’t grant you full access to the decentralised revolution. For now, though, ETFs are positioning themselves as the ideal way to dip your toes into the crypto pool, while holding onto a lifejacket from the traditional world of finance. 🚀
In our Friday’s premium newsletter, we’ll dive deep into the post-election stock market, highlighting and analysing the top 10 fastest-growing stocks of 2024. 📈🗳️ Stay tuned!
In Case You Missed It 📬
🍺 Tom Holland’s New Brew
Tom Holland is making waves in the beverage industry with Bero, his new line of non-alcoholic beers. Teaming up with Imaginary Ventures, Holland joins the ranks of celebrities like Blake Lively and Katy Perry, championing the alcohol-free lifestyle. After three years of sobriety, he’s on a mission to make socialising without alcohol not only more accessible but genuinely enjoyable.
With sobriety becoming a popular lifestyle choice, Holland couldn’t have picked a better moment to launch. His efforts align perfectly with the evolving beverage trends of 2024.
🥤 A Change of Taste
No- or low-alcohol is taking the spotlight. 🍺✨ Valued at $13 billion globally, this trending sector is projected to grow by 6% over the next five years, with Millennials making up a hefty 45% of consumers. A win for those wanting to sip smart without sacrificing taste—or suffering the consequences the next morning.
But the shift doesn’t stop there. The beverage world is leaning into healthier options, with seltzers and sparkling water fizzing to the top, boasting a 16% surge in popularity. 🍹 Meanwhile, traditional staples like soft drinks (-12%) and spirits (-11%) are starting to get a bit stale. Consumers are clearly trading sugar highs and hangovers for lighter, more refreshing choices.
🏃 Where We Sip Matters
Non-alcoholic drinks are seamlessly fitting into more active lifestyles. Whether it’s a quick sip before a workout (+13%) or staying hydrated with sparkling water on the go (+10%), these beverages are becoming everyday essentials. Conversely, at-home indulgences like drinks for relaxation (-7%) or family gatherings (-8%) are seeing a decline. Let’s face it, this years family get together without the booze isn’t a bad idea.
Beverages today are more than just thirst-quenchers—they’re lifestyle enhancers, what you drink is starting to reflect who you are. With stars like Tom Holland in the no/low alcohol movement, the non-alcoholic revolution is swinging into action. With great power comes great responsibility after all!
Keep in touch with Genuine Impact!
Instagram | X/Twitter | LinkedIn
Created by Arya