tl;dr
• Raoul Pal predicts a potential 10x surge in Coinbase stock as the crypto market heads toward a $10-15 trillion valuation, with Coinbase’s stock closing at $324, up 19% in 24 hours, driven by pro-crypto election results.• Google Cloud invests $10 million in BNB Chain's MVB Program and partners with...
• Raoul Pal predicts a potential 10x surge in Coinbase stock as the crypto market heads toward a $10-15 trillion valuation, with Coinbase’s stock closing at $324, up 19% in 24 hours, driven by pro-crypto election results.
• Google Cloud invests $10 million in BNB Chain's MVB Program and partners with ZetaChain, showcasing Google’s commitment to blockchain development through long-term ecosystem partnerships.
• Ark Invest forecasts a favorable regulatory climate under a pro-crypto with incoming regime, with IPO opportunities for Circle and Kraken as regulatory clarity improves and SEC leadership changes.
• Litecoin partners with Coinut to introduce Wrapped Litecoin (WLTC) on Ethereum, aiming to bridge Litecoin with Ethereum's ecosystem through secure infrastructure, though long-term demand remains uncertain.
• Japanese firm Metaplanet’s Bitcoin strategy has led to a 500% stock surge YTD, with BTC holdings exceeding 1,000 and a 155% BTC yield reported last quarter, drawing comparisons to MicroStrategy’s approach.
• Bitcoin miner MARA, reporting a $125 million Q3 loss, outlines a growth strategy focused on increased hash rate and new mining capabilities, bolstered by post-election market confidence in crypto-friendly regulations.
• Bitwise expands into Ethereum staking through a $3.7 billion acquisition of Attestant, adding to its $10 billion in managed assets as staking rewards for ETH reach 3.78%.
• Anticipation of upcoming US CPI inflation data has led to a muted trading environment, with a potential Fed policy shift on the horizon, yet pro-crypto sentiment hints at possible market recovery.
~
Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-Tracker
Get the book!
Crypto Foundations for Building Multi-Generational Wealth
https://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422
Join this channel to get access to perks:
https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/join
Join Grow My Bag social media:
https://growmybag.tv/sign-up
🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.