12 Oct: Record AUM

"The most difficult thing is the decision to act, the rest is merely tenacity."

-Amelia Earhart


Big News Of The Day: Institutional crypto products eye record AUM as investors pile into Bitcoin

Podcast Of The Day: The Crypto Conversation - DeFi on Bitcoin - Sovryn is a decentralized Bitcoin trading & lending platform

Video Of The Day: Aimstone: Bitcoin Holders GET READY for Another Rally!! BTC Supply Shock Hits New All Time High!!!

Blog Of The Day: You Don’t Need To Prove With Bitcoin, Because Time Will Do Its Work

My Hot Take

Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week. Could Polkadot make you a Millionaire? How much do you need? Altcoin Daily talks about this.

The latest bullish Bitcoin price forecast further cements the case for a breakout, but a retracement could conversely end up with a visit to $45,000. What this means is that you should have dry powder for the drop but enough exposure if it pops.

2B4CH, a Swiss non-profit think tank assisting the state in exploring cryptocurrencies like Bitcoin (BTC) and blockchain technology, is launching an initiative that could make Bitcoin one of the country’s reserve assets. Meanwhile, we have JPMorgan CEO Jamie Dimon saying Bitcoin is "worthless;" umm yeah right.

If you are following the money and I am, Ethereum software company ConsenSys is in the midst of a fundraise that would value the company at $3 billion and not to be outdone, Crypto payment startup MoonPay valued at $3.4 billion after first funding round. However, the largest raise is Paradigm who has onboarded a new partner amid $1.5 billion raise.

Wyoming Senator Cynthia Lummis said the Treasury Department may be more of a threat to innovation in blockchain and cryptocurrencies in the United States than the Securities and Exchange Commission or the Commodity Futures Trading Commission.

With the good comes the bad, Sorare, an Ethereum-based fantasy soccer game built around NFT digital trading cards, has come under scrutiny by the United Kingdom’s Gambling Commission, which is investigating whether the game requires a gambling license—which it does not currently hold—to continue operating in the country.

Best Performing Top 10 Asset is: BTC - $57,159.46

Well that's a wrap but, continue to read, watch, and listen to the information I curate on my website. I believe you will be well positioned to benefit from the most transformative technological shift we've seen in our life time. Be STRONG and HODL on!

Promoted Brand is PEI. Get $20 and automatic cash back on all purchases in Bitcoin! Use Code: 2sdpr8 to get $10

Remember: Bitcon 2022 tickets for Apr 06-09 in Miami and Consensus 2022 is Jun 10-12 in Austin, Texas; hope to see you at both!


If you find value in this content, please share my website with those you know so they can benefit just as you have. One thing for sure, Bitcoin will without a doubt change the trajectory of your financial future.

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