| | | | (Another) MicroStrategy of Ethereum? | Wall Street veteran Tom Lee of Fundstrat is stepping up as chairman of BitMine Immersion Technologies (BMNR). The bitcoin miner is raising $250 million in a private placement to amass ETH, aiming to make ether its primary treasury reserve and capitalize on its dominance in the surging stablecoin market. Read more → | Circle’s Lead Underwriter Says the Stocks Rally Has Gotten Out Of Hand | While Circle $CRCL ( ▲ 1.36% ) has surged more than 5x since its IPO earlier this month, not everyone is betting on the rally to continue. Specifically, JPMorgan – the lead underwriter for the IPO – has initiated coverage on the company at underweight stating that they “see competition as a potential threat to Circle.” He also assigned the lowest price target on Wall Street ($80) implying a nearly 60% drop in the stock. The stock’s 120 P/E has left analysts split on the stock with six buy, six hold and two sell ratings. Read more → | The 60/40 Portfolio is so Dead | Ric Edelman – founder of the ~$300b advisory firm Edelman Financial Engines, which oversees portfolios for 1.3m clients – just told advisors that crypto should essentially be a core position, not a side bet. In a presentation circulating across X, Edelman suggests “conservative” investors should have a 10% crypto allocation and calls for a massive 40% allocation size for “aggressive” investors. Read more → | |
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| | | A Sneaky Way to Invest in Today’s AI Boom | Nvidia CEO Jensen Huang recently said AI requires "100 times more" power. That means the best way to invest in AI right now has nothing to do with technology… and everything to do with energy. One stock appears to be perfectly positioned to dominate right now thanks to AI's rapidly growing energy demands. Click here to learn more → | SPONSOR |
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| | 📌 Breaking News (more tomorrow): Robinhood plans to launch their own blockchain; HOOD up 9% on the news Link» Vitalik Buterin has reservations about Sam Altman’s World project Link» Ripple to drop cross appeal against US SEC in crypto lawsuit Link» Jim Chanos on the Nuttiness of 'Bitcoin Treasury Companies' Link» New York asset manager KraneShares files to list Coinbase 50 Index ETF Link»
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| | | This "AI Metal" Could Be Key to Elon Musk's AI Revolution | This could be the biggest technology story of this decade and nobody is paying attention. I involves an American ghost town with just 30 people... An accidental discovery during the Cold War… And a new twist to the AI boom that could make a lot of people rich. | There’s literally $100 trillion on the line here. Click here to see the details because the stakes couldn’t be any higher. | SPONSOR |
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