Alright gents, banger inbound today.
From the depths of a prolonged crypto bear market, there appears to be some hope emerging spawned by a rapid succession of political headlines and immediate market reactions in the last 48 hours.
I know sometimes financial news and updates can be cryptic.
Folks want the “so what” and “what does this mean for me” not jargon or nuance.
So let me spell it out for you in plain terms because yesterday we had the most impactful day in crypto since thousands were slaughtered in the October 10th liquidation cascade from last year.
In the last 24 hours:
The Securities and Exchange Commission announced yesterday that it has proposed new rules, titled “Regulation Crypto Assets,” that will create a clear and fit for purpose frameworks for certain investment contracts involving crypto assets
President Trump hosted a meeting Wednesday with leading crypto and finance figures to discuss tokenization, crypto legal framework, CLARITY, and other topics. Guests included Brian Armstrong of Coinbase COIN 0.00%↑ , Sergey Nazarov of Chainlink Labs, Vlad Tenev of Robinhood, and Tyler Winklevoss and Cameron Winklevoss of Gemini
The US Treasury announced it will double its long dated Treasury buybacks from $2B to $4B per operation, beginning on Sept. 9
$2.5B of crypto shorts were liquidated in the last 24 hours (at one point over $1.2 billion worth of shorts were liquidated in 60 minutes)
Things are cooking folks. I ate lunch yesterday, looked down at my phone and realized I had just printed a high end SUV in about 3 hours of market movement.
Refreshing given the months of suffering we have endured.
These are some pretty bullish signs and we may very well be on the cusp of a strong move higher that most people are not prepared for. Many have written crypto off, either because they lack the attention span or they got burned hard over the last year.
It’s time to pay attention again guys! I wouldn’t say you need to be glued to your screens but we’re shifting back into the days where a lot can happen in a matter of minutes and the cost of missing the early signals of the market gaining some momentum back are massive.
Forget the basic advice and pointers we’ve shared for years now that have helped land us as an all time best seller in crypto on Substack. You should have internalized most of those by now if you’ve read 25% of our posts.
I am talking about the more advanced corners of the market. I have posted relentlessly on topics I know are going to define the next era in crypto, defi, tokenization, and finance.
These are the same themes being discussed now at the White House and the largest institutions in the world.
The guides I wrote on Tokenization (below) include many of the concepts and themes now being discussed at the national level by the people who will be largely responsible for crypto’s success in the US (and eventually the world).
These are MUST reads guys. It’s all there for you.
The Next Generational Wealth Opportunity
The Next Generational Wealth Opportunity Part 2
“So tokenization, we’re at a beginning of a supercycle, and it’s going to take over the entire financial system
—Vlad Tenev, CEO Robinhood
All of this is inevitable and the sooner you realize this the better of you will be financially in the long run. The trick is separating yourself from the volatility and emotion and keeping the end goal in mind: building a powerful digital asset portfolio to help you take advantage of years of insane technological innovation and development.
I’m bullish.
You can feel the vibe shifting overnight on X and other social platforms. Odds on Polymarket of Bitcoin continuing to creep higher to the 77,000 - 80,000 range are moving up quickly.
I can smell the gains and panic on the horizon. I can hear the cries of sidelined chuds who thought it was over and decided it was better to give up. I can see the incoming headlines and institutional developments that help defi, tokenization, lending, and other areas absolutely explode alongside the AI and tech revolution.
Today we’re going to go through the most important updates of the last 24 hours and my thoughts on crypto. Why I am turbo bullish, the developments that tell me this bounce might be different, and why I think yesterday was a series of events you absolutely need to take seriously.
The money printer might be coming back on, each day there’s a chance of consequential government headline, and the trenches as they say are starting to come alive again.
It’s time to lock in.
Review the guides, get your watchlists together, and make sure you are monitoring the news because the foundation for the next bull run might just be playing out. I talked about the next opportunity in markets that mirrors the parabolic runs we saw in AI, semis, and tech over the last several years. Crypto is giving some pretty blatant signs that it will provide this opportunity in the near future.
You still have the chance to take advantage of SOME doubt people have about the space.
That window of opportunity will not be long lived.
Let’s get this bread.
“You make most of your money in a bear market, you just don’t realize it at the time.”
— Shelby Cullom Davis