4127
Adam Blumberg
@adamblumberg #4127
Former financial advisor. Teaching crypto to financial professionals for 4 years. Multi-family office for crypto wealthy
1380 Follower 207 Following
Prediction 8 2025 from @BitwiseInvest
The Department of Labor (DOL) will soften its stance on crypto in 401k plans.
I agree.
Currently, 401k plans are governed by the DOL, which has been hesitant to allow crypto investments. But with Fidelity and other major players offering crypto options, the tide may be turning.
If the DOL relaxes their guidance, it could lead to a surge in Bitcoin investments. With trillions of dollars in 401k plans, even a small allocation to crypto could have a major impact on the price.
The SEC has already given the green light to Bitcoin ETFs, and the government is exploring holding Bitcoin. It's possible the DOL will follow suit and allow 401k plans to invest in crypto.
The potential inflows to Bitcoin could be massive if 401k plans are allowed to invest in crypto. With millions of Americans contributing to their 401ks every month, even a small allocation to Bitcoin could add up quickly.
The Department of Labor (DOL) will soften its stance on crypto in 401k plans.
I agree.
Currently, 401k plans are governed by the DOL, which has been hesitant to allow crypto investments. But with Fidelity and other major players offering crypto options, the tide may be turning.
If the DOL relaxes their guidance, it could lead to a surge in Bitcoin investments. With trillions of dollars in 401k plans, even a small allocation to crypto could have a major impact on the price.
The SEC has already given the green light to Bitcoin ETFs, and the government is exploring holding Bitcoin. It's possible the DOL will follow suit and allow 401k plans to invest in crypto.
The potential inflows to Bitcoin could be massive if 401k plans are allowed to invest in crypto. With millions of Americans contributing to their 401ks every month, even a small allocation to Bitcoin could add up quickly.
Financial Professionals
Last live crypto session of 2024 - starting at 11 am ET
We'll discuss:
- Crypto downturn
- Strategic BTC Reserve
- Fartcoin
Come join us. DM for details
Last live crypto session of 2024 - starting at 11 am ET
We'll discuss:
- Crypto downturn
- Strategic BTC Reserve
- Fartcoin
Come join us. DM for details
Public Crypto Unicorns -
@bitwise 2025 Prediction #4
Bitwise's 2025 crypto prediction #4: at least 5 crypto unicorns will go public!
I agree with this one as well (shocker, right?). First, the regulatory tailwinds have helped send crypto asset prices much higher. They've also become more accepted as investments.
That same regulatory tailwinds will make it easier for crypto-related companies to get through the SEC and go public.
Circle. Their stablecoin is widely used in the US. Circle is making relatively risk-free profit holding treasuries and issuing programmable dollars.
@krakenfx, a well-established exchange and custodian, is another likely candidate.
@anchorage, a crypto custodian, is expanding rapidly, adding institutions and RIAs. Their presence in Singapore is a big plus.
Chainalysis, a blockchain analysis firm, is working with governments and companies to detect illicit activity.
Figure, a blockchain-based lending platform, is innovating traditional banking functions.
@bitwise 2025 Prediction #4
Bitwise's 2025 crypto prediction #4: at least 5 crypto unicorns will go public!
I agree with this one as well (shocker, right?). First, the regulatory tailwinds have helped send crypto asset prices much higher. They've also become more accepted as investments.
That same regulatory tailwinds will make it easier for crypto-related companies to get through the SEC and go public.
Circle. Their stablecoin is widely used in the US. Circle is making relatively risk-free profit holding treasuries and issuing programmable dollars.
@krakenfx, a well-established exchange and custodian, is another likely candidate.
@anchorage, a crypto custodian, is expanding rapidly, adding institutions and RIAs. Their presence in Singapore is a big plus.
Chainalysis, a blockchain analysis firm, is working with governments and companies to detect illicit activity.
Figure, a blockchain-based lending platform, is innovating traditional banking functions.
Prediction #3 2025 from
@bitwise
Stuck at the airport with a delayed flight, but let's talk crypto predictions for 2025!
@coinbase Bitwise thinks it'll hit $700+ per share and possibly join the S&P 500.
Why the optimism? Less regulatory battles with the SEC could mean more growth for the company. They can focus on expanding their custody services and exploring new assets like stablecoins.
As a broker, Coinbase is well-positioned to participate in the growing crypto market. As crypto grows, Coinbase should grow. We may even see them start to offer some tokenized RWA like funds.
Bitwise even predicts Coinbase will eclipse Charles Schwab as the largest broker in the country.
That's a bold claim, but I don't see why it's impossible.
@bitwise
Stuck at the airport with a delayed flight, but let's talk crypto predictions for 2025!
@coinbase Bitwise thinks it'll hit $700+ per share and possibly join the S&P 500.
Why the optimism? Less regulatory battles with the SEC could mean more growth for the company. They can focus on expanding their custody services and exploring new assets like stablecoins.
As a broker, Coinbase is well-positioned to participate in the growing crypto market. As crypto grows, Coinbase should grow. We may even see them start to offer some tokenized RWA like funds.
Bitwise even predicts Coinbase will eclipse Charles Schwab as the largest broker in the country.
That's a bold claim, but I don't see why it's impossible.
I know the Bitcoin crowd keeps saying quantum computing won't negatively impact Bitcoin. However, I think they need to be aware of the exponential growth in quantum. Microsoft and Google announcements within a day of each other.
Look at the AI growth after ChatGPT.
Look at the AI growth after ChatGPT.
Blockchain and Music Royalties
I'm excited about blockchain tech changing the music & movie industries. With tokenization, artists can raise funds from fans & investors and earn royalties. You can own a piece of your favorite song or movie and earn royalties every time it's played or downloaded.
This isn't just for indie artists - big studios & labels can also use blockchain for more efficient income distribution and ownership tracking. The best part? It's transparent with a public ledger.
As blockchain tech improves, new business models will emerge. Imagine investing in a portfolio of music & movie royalties or creating a playlist and earning money from it. The future of entertainment is decentralized, transparent, and community-driven.
I'm excited about blockchain tech changing the music & movie industries. With tokenization, artists can raise funds from fans & investors and earn royalties. You can own a piece of your favorite song or movie and earn royalties every time it's played or downloaded.
This isn't just for indie artists - big studios & labels can also use blockchain for more efficient income distribution and ownership tracking. The best part? It's transparent with a public ledger.
As blockchain tech improves, new business models will emerge. Imagine investing in a portfolio of music & movie royalties or creating a playlist and earning money from it. The future of entertainment is decentralized, transparent, and community-driven.
Another live session
Every week we go live with financial professionals...talking bitcoin and crypto.
It will be tomorrow, 12/6 at 11 am ET.
If you want to attend, DM me and I'll send details
Every week we go live with financial professionals...talking bitcoin and crypto.
It will be tomorrow, 12/6 at 11 am ET.
If you want to attend, DM me and I'll send details
$100,000 is NOT the point
Last night, we celebrated Bitcoin hitting $100k for the first time.
But it's not just about the asset. The ideas & concepts that come with Bitcoin - decentralized money, transparency, & self-custody - are game-changers.
They have the potential to augment the financial system, giving people the power to manage their own wealth, without relying on intermediaries.
The rest of crypto & blockchain tech will have an equally significant impact. From supply chain management to voting systems, the possibilities are endless.
The impact of bitcoin, crypto, blockchain and AI will be at least on par, if not far greater than the impact of the Internet and smart phones.
Of course, there are always negatives. The Internet and smart phones gave us social media - good and bad.
There are risks & challenges associated with crypto & blockchain. But the benefits far outweigh the drawbacks.
It's about the ideas & concepts that are changing the way we think about money, power, & control.
Last night, we celebrated Bitcoin hitting $100k for the first time.
But it's not just about the asset. The ideas & concepts that come with Bitcoin - decentralized money, transparency, & self-custody - are game-changers.
They have the potential to augment the financial system, giving people the power to manage their own wealth, without relying on intermediaries.
The rest of crypto & blockchain tech will have an equally significant impact. From supply chain management to voting systems, the possibilities are endless.
The impact of bitcoin, crypto, blockchain and AI will be at least on par, if not far greater than the impact of the Internet and smart phones.
Of course, there are always negatives. The Internet and smart phones gave us social media - good and bad.
There are risks & challenges associated with crypto & blockchain. But the benefits far outweigh the drawbacks.
It's about the ideas & concepts that are changing the way we think about money, power, & control.
More Blockchain Transparency
The power of blockchain transparency is on full display.
The US gov just moved $2 billion in bitcoin from cold storage to Coinbase.
We get to see the move and speculate on what it means for the price.
But what's the bigger impact of this transparency?
In traditional finance, we don't get to see the inner workings of funds or asset movements. But with blockchain, we have a front-row seat.
This transparency can lead to better decision-making and hyper-personalized portfolios.
But with great power comes great responsibility. Will we use this transparency to manipulate prices or make more informed decisions? The impact on financial markets and personal portfolios will be interesting to watch.
Tokenized funds and real-world assets will take this transparency to the next level. We'll get to see what's happening under the hood in real-time. But how will we use this info to our advantage?
The implications of blockchain transparency go beyond just price speculation.
The power of blockchain transparency is on full display.
The US gov just moved $2 billion in bitcoin from cold storage to Coinbase.
We get to see the move and speculate on what it means for the price.
But what's the bigger impact of this transparency?
In traditional finance, we don't get to see the inner workings of funds or asset movements. But with blockchain, we have a front-row seat.
This transparency can lead to better decision-making and hyper-personalized portfolios.
But with great power comes great responsibility. Will we use this transparency to manipulate prices or make more informed decisions? The impact on financial markets and personal portfolios will be interesting to watch.
Tokenized funds and real-world assets will take this transparency to the next level. We'll get to see what's happening under the hood in real-time. But how will we use this info to our advantage?
The implications of blockchain transparency go beyond just price speculation.
Just back from Thanksgiving break and feeling grateful for the chance to talk crypto with loved ones.
Had some great conversations about Bitcoin and ETH, and even got to see some of my nephews' Coinbase accounts.
One nephew is already into DeFi wallets! The future is bright.
Had some great conversations about Bitcoin and ETH, and even got to see some of my nephews' Coinbase accounts.
One nephew is already into DeFi wallets! The future is bright.
This Time is Different...Maybe
We've had cycles of speculation, but now we have adoption, companies & countries storing value, and ETF holders holding on.
We just had a halving, reducing the amount of new Bitcoin produced. Plus, demand is up, especially from ETFs. But here's the thing - these investors aren't trading, they're holding long-term.
MicroStrategy, Semler Scientific, and Satoshi aren't selling. Neither are many other long-term holders. This means a lot of bitcoin is off the market, reducing supply. What happens when demand outstrips supply?
We're not in a crypto cycle anymore. Bitcoin is part of macroeconomic cycles. With countries accumulating it as a strategic reserve, the price will have to rise to incentivize sellers.
And it's not just Bitcoin. Other cryptos are finding their use cases, and we're figuring out their metrics and fundamentals. It's a new era of adoption and discovery. #Crypto #Investing
So, are we past the hype days? Maybe. Everything will be evaluated on its own merits.
We've had cycles of speculation, but now we have adoption, companies & countries storing value, and ETF holders holding on.
We just had a halving, reducing the amount of new Bitcoin produced. Plus, demand is up, especially from ETFs. But here's the thing - these investors aren't trading, they're holding long-term.
MicroStrategy, Semler Scientific, and Satoshi aren't selling. Neither are many other long-term holders. This means a lot of bitcoin is off the market, reducing supply. What happens when demand outstrips supply?
We're not in a crypto cycle anymore. Bitcoin is part of macroeconomic cycles. With countries accumulating it as a strategic reserve, the price will have to rise to incentivize sellers.
And it's not just Bitcoin. Other cryptos are finding their use cases, and we're figuring out their metrics and fundamentals. It's a new era of adoption and discovery. #Crypto #Investing
So, are we past the hype days? Maybe. Everything will be evaluated on its own merits.
11 AM ET today!
Live call for financial advisors, CPAs, fund managers...anyone in the financial arena who wants to talk bitcoin and crypto.
We do this almost every week for newsletter subs, but opening up to anyone who wants to attend.
DM for details. Hope to see you there
Live call for financial advisors, CPAs, fund managers...anyone in the financial arena who wants to talk bitcoin and crypto.
We do this almost every week for newsletter subs, but opening up to anyone who wants to attend.
DM for details. Hope to see you there
Bitcoin, crypto, blockchain will all help philanthropy
Had a great conversation with @ircadam about the intersection of crypto, blockchain, and philanthropy.
First benefit: donating appreciated assets like Bitcoin can help you avoid capital gains tax, while showing a tax deduction for the donation.
But that's not all. Blockchain tech can also help charitable organizations accept and manage donations more efficiently. No more intermediaries or high fees!
@endaoment
Transparency is key in philanthropy. With blockchain, we can see exactly where our donations are going. No more wondering if our money is being used for admin costs or actual good.
And then there's the issue of dispersing donations. With blockchain, we can send money directly to those who need it, without going through the banking system.
But what's often overlooked is the ethos of the crypto and blockchain community. We want to create a more fair and equitable world, and that includes giving back.
Had a great conversation with @ircadam about the intersection of crypto, blockchain, and philanthropy.
First benefit: donating appreciated assets like Bitcoin can help you avoid capital gains tax, while showing a tax deduction for the donation.
But that's not all. Blockchain tech can also help charitable organizations accept and manage donations more efficiently. No more intermediaries or high fees!
@endaoment
Transparency is key in philanthropy. With blockchain, we can see exactly where our donations are going. No more wondering if our money is being used for admin costs or actual good.
And then there's the issue of dispersing donations. With blockchain, we can send money directly to those who need it, without going through the banking system.
But what's often overlooked is the ethos of the crypto and blockchain community. We want to create a more fair and equitable world, and that includes giving back.
Which happens first?
ANON $0.07
BTC $100k
ANON $0.07
BTC $100k
Memecoins might be more than just a fleeting trend.
They represent the power of experimentation in the crypto ecosystem. We're learning about community, token economics, and social popularity in real-time.
They represent the power of experimentation in the crypto ecosystem. We're learning about community, token economics, and social popularity in real-time.
Blockchain technology will create a new gen of asset managers.
They'll be experts in prediction markets like @polymarket, music royalties, or RWA tokens.
They'll be able to look at the onchain data and manage a fund or portfolio.
New opportunities for investors and analysts
They'll be experts in prediction markets like @polymarket, music royalties, or RWA tokens.
They'll be able to look at the onchain data and manage a fund or portfolio.
New opportunities for investors and analysts
What to do with the crypto gains?
I'm getting calls and texts now. Do I sell?
Everyone's situation is different. Hold or sell when it fits your narrative.
Donate appreciated crypto @endaoment
Start a Roth IRA
If you've become ultra-wealthy, start estate tax planning.
I'm getting calls and texts now. Do I sell?
Everyone's situation is different. Hold or sell when it fits your narrative.
Donate appreciated crypto @endaoment
Start a Roth IRA
If you've become ultra-wealthy, start estate tax planning.
How will Trump affect DeFi?
More assets like stablecoins and tokenized RWAs will add adoption and usage of the DeFi protocols.
Interesting to see if regulations lead to fee switch among protocols, sharing revenue with token holders.
More assets like stablecoins and tokenized RWAs will add adoption and usage of the DeFi protocols.
Interesting to see if regulations lead to fee switch among protocols, sharing revenue with token holders.
How will the Trump administration affect tokenization?
New regulators, and a new stance on crypto and blockchain regulation could open the floodgates to more tokenized assets.
That brings the trillions of dollars onchain
New regulators, and a new stance on crypto and blockchain regulation could open the floodgates to more tokenized assets.
That brings the trillions of dollars onchain
After a pretty eventful week, I wanted to share a few items from the research and investment team at Bespoke Group. A couple podcasts and a newsletter.
https://podcasts.apple.com/us/podcast/the-jacob-shapiro-podcast/id1618811454?i=1000676038481
https://podcasts.apple.com/us/podcast/the-jacob-shapiro-podcast/id1618811454?i=1000676038481
With a new administration, stablecoin legislation might be on the horizon.
What does this mean?
More companies issuing their own stablecoins, giving us a truly efficient, transparent digital dollar, and unlocking new use cases & investments!
What does this mean?
More companies issuing their own stablecoins, giving us a truly efficient, transparent digital dollar, and unlocking new use cases & investments!
Why is Bitcoin surging?
Three reasons:
1) Trump's economic policies could lead to inflation, making scarce assets like Bitcoin more valuable.
2) The proposed strategic Bitcoin reserve could drive demand.
3) A more pro-crypto regulatory regime could reduce risk for institutions.
Three reasons:
1) Trump's economic policies could lead to inflation, making scarce assets like Bitcoin more valuable.
2) The proposed strategic Bitcoin reserve could drive demand.
3) A more pro-crypto regulatory regime could reduce risk for institutions.
New administration incoming
More favorable regulators. Possibly new token economics. Less money and time spent fighting regulators in court.
The next 4 years need to be heavy on the building.
More favorable regulators. Possibly new token economics. Less money and time spent fighting regulators in court.
The next 4 years need to be heavy on the building.
Maybe Blockchain leads to less regulation
The entire point of securities and banking regulation is to provide transparency to investors.
The transparency of blockchain tech should mean the govt just needs to determine what needs to be in the Smart Contracts, and every company can "go public"
The entire point of securities and banking regulation is to provide transparency to investors.
The transparency of blockchain tech should mean the govt just needs to determine what needs to be in the Smart Contracts, and every company can "go public"
Do we really want regulatory clarity?
I'm not so sure. Legislation comes with compromise, and I don't think we want Congress compromising with our networks.
Better to keep building to where the regulations have to come meet the adoptions.
I'm not so sure. Legislation comes with compromise, and I don't think we want Congress compromising with our networks.
Better to keep building to where the regulations have to come meet the adoptions.