- Crypto Nutshell
- Posts
- 🥜 95%
🥜 95%
PLUS: Morgan Stanley
Today’s edition is brought to you by RAREMINTS
GM to all 84,827 of you. Crypto Nutshell #525 cruisin’ in… ✈️ 🥜
We're the crypto newsletter that's more relentless than a legendary assassin on a mission of vengeance... 🐾🔫
What we’ve cooked up for you today…
🏦 Morgan Stanley enters the chat
🤯 95% are still not here…
📉 Free fall
💰 And more…
MORGAN STANLEY ENTERS THE CHAT 🏦
BREAKING: Morgan Stanley’s E-Trade Considers Offering Crypto Trading
Here they come…
Morgan Stanley, one of the world’s largest asset managers, is considering adding crypto trading to its E-Trade online brokerage platform.
This report comes from news publication The Information (paywalled article), who site two people familiar with the firms plans.
Why are they only considering this move now?
According to the sources, Morgan Stanley expects a WAY friendlier crypto environment under the Trump administration.
And if they do follow through…
E-Trade would become one of the largest mainstream financial firms to offer crypto trading.
The others being: Fidelity, Robinhood and Interactive Brokers.
There’s also a slight catch…
Morgan Stanley’s E-Trade would need the Federal Reserve’s blessing before launching anything crypto related.
This is because Morgan Stanley itself is a bank holding company and falls under Fed oversight.
Morgan Stanley also isn’t the only traditional broker that wants to make a move into crypto.
Late last year, Charles Schwab CEO Rick Wurster mentioned his crypto plans:
“We also would like to directly offer crypto and Schwabize the crypto market, which is to take a lot of the spread and the commissions out of the crypto area to create a better deal for clients.”
Keep in mind, Trumps inauguration isn’t until January 20th.
And with that inauguration hopefully comes the regulatory clarity that the crypto industry has been seeking.
This is only the beginning…
DISCOVER THE NEXT 100X TOKEN 💎
The Harsh Truth About Crypto: Most retail traders lose money.
While those late to the party finally get in, project founders, VCs and early investors sell their bags for millions.
That said, there are still hundreds of tokens with 100X potential, you just need to find the right ones.
Crypto is an alpha-driven industry, where those who are early gain outsized returns, often for FREE via airdrops.
If you want to join RAREMINTS exclusive community where they break down trending crypto news, hand-pick tokens with 100X potential and share ALL of their trades, click on THIS LINK here.
What to expect:
Trending news, price alerts, and exclusive alpha to stay ahead of the curve
New projects and innovations broken down in under 5 minutes
Hand-picked tokens and memecoins with 100X potential, based on historical data and macro narratives
Join for FREE before others do. Your portfolio will thank you.
95% ARE STILL NOT HERE… 🤯
95% of the world’s largest investors have zero exposure to Bitcoin.
Zero.
But 95% of all Bitcoin is already owned.
That’s the latest message out from Matt Hougan.
Matt Hougan is the Chief Investment Officer at Bitwise. They have the 5th largest Bitcoin ETF, holding over $3.86 billion in Bitcoin.
When it comes to what traditional finance and institutions are thinking about Bitcoin, Matt’s the expert.
In a recent tweet, Matt broke down Bitcoin’s value proposition in the simplest way:
Matt then commented on this tweet in his most recent interview:
“I spent the past week revisiting my thesis on the space because everyone I talked to was so bullish. When I hear everyone being bullish, I like to poke holes in my underlying assumptions.
I kept coming back to some of these fundamental numbers. I like this one because it’s symmetrical, and I think it’s approximately true: 95% of the world’s largest investors will eventually need to allocate to crypto.”
If these investors want allocation to crypto, they’re going to have to convince existing holders to give it to them:
“To do that, they’ll have to convince the 95% of Bitcoin that’s already owned to shake loose some of it. And that’s pretty exciting.”
No big deal. They’ll just have to try and pry crypto from the hands of the most die-hard, diamond-handed holders in financial history. 😂
Matt finished with this:
“I loved 2024—what an incredible year. But I think 2025 may actually be even more exciting.”
Hougan’s tweet serves as a timely reminder: Bitcoin is a finite asset with growing demand and a limited supply.
The question isn’t if the world’s largest investors will allocate to Bitcoin—it’s what price they’ll pay to get in.💰
FREE FALL 📉
Speaking on that limited supply…
Today we’ll be checking in on the amount of Bitcoin available for sale on exchanges.
Here’s how to interpret this metric:
Decreasing exchange balances: Bullish indicator as it signals a shift towards long-term holding 🐂
Increasing exchange balances: Bearish indicator as coins being transferred to exchanges are more likely to be sold 🐻
Currently there is 2,790,706 Bitcoin available for sale on exchanges.
That’s only ~14.09% of the entire circulating supply.
And as you can see, this metric has been in complete free fall.
Since July 2024, exchange balances have decreased by ~323,249 BTC.
That’s $31.33 billion at today’s prices!
Typically as the price of Bitcoin increases we see exchange balances increase.
Just look at the last cycle peak as an example.
But this times different…
This time investors are holding out for MUCH higher prices before letting go of their coins.
Put simply, there just isn’t that much Bitcoin available for sale right now.
CRACKING CRYPTO 🥜
US Bitcoin reserve idea could spark global race, Metaplanet CEO predicts. Industry divided as some experts see opportunity while others doubt Bitcoin's feasibility as a strategic reserve.
Terraform co-founder Do Kwon appears before US judge, pleads not guilty. “The defendant orchestrated schemes to defraud purchasers of cryptocurrencies,” the indictment against the Terraform co-founder read.
Tether's Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In. Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.
BlackRock's BUIDL approved as backing token for Frax USD stablecoin. Securitize’s proposal to add BlackRock’s BUIDL token as a backing for Frax’s USD stablecoin has been approved.
WHAT WE’RE READING 📚
Want to get even smarter? Check these out.
p.s. all completely FREE (one click subscribe link)
Raremints (link) - Daily crypto news
Bitcoin Breakdown (link) - Twice weekly Bitcoin news
Techpresso (link) - Daily tech news and insights
The Hustle (link) - Get Smarter on Business and Tech
Your Next Breakthrough (link) - Personal growth with Mark Manson
The Neuron (link) - AI trends and tools to keep you ahead
CAN YOU CRACK THIS NUT? ✍️
Select your answer below and you’ll be redirected to the results page. (answer explanation can be found after “Meme Corner”)
This altcoin is meant to be “silver to Bitcoin’s gold“. |
MEME CORNER 😂
Because what would the crypto world be without its share of memes?
Trivia Answer: A) Litecoin 🥳
Litecoin was designed to be the “silver” to Bitcoin's “gold”
GET IN FRONT OF 85,000+ CRYPTO INVESTORS
Advertise with Crypto Nutshell to get your product or brand in front of the crème de la crème of crypto investors. Crypto Nutshell readers are high-income earners who are always looking for unique or interesting offers.
HOW DID WE DO? 🤷
We read every comment submitted in this poll and love to hear what you guys have to say. 😁 (bonus points for suggestions 🍪)
What did you think of today's Newsletter?Don't worry, you won't hurt our feelings... 🥲 |
NUTCASE REVIEW OF THE DAY 🔍
DISCLAIMER: The content of this newsletter is not financial advice. This newsletter is strictly educational and is not investment advice. Please be careful and do your own research.
Reply