📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials
💰 Get 25% OFF Accointing 👉 https://accointing.com/?discount=TAXGUY
🛒 20% Binance Discount 👉 https://guy.coinbureau.com/binance
🛒 Kucoin Discount Up To 60% 👉 https://guy.coinbureau.com/kucoin
👕 “Keep Calm” Shirt 👉 https://store.coinbureau.com
🔥 My Insider Telegram 👉 https://t.me/cbinsider
📺 Useful Vids 📺
Dollar Weakness Crypto 👉 https://www.youtube.com/watch?v=2KuYFOwRW80
Valuing Bitcoin 👉 https://www.youtube.com/watch?v=I2D-fvxPkuY
Citigroup Tipping Points 👉 https://www.youtube.com/watch?v=ZfRBFocbHog
Fiat Ponzi 👉 https://www.youtube.com/watch?v=L_f6R0DHNH0
– TIMESTAMPS –
2:04 Reduction in Volatility
6:09 Lower Correlation
9:36 Morgan Stanley
11:09 Goldman Sachs
12:37 Shoutout to Sponsor
17:22 Impact on Market
⛓️ 🔗 Useful Links 🔗 ⛓️
► JP Morgan Vol Comment: https://www.theblockcrypto.com/linked/100386/jpmorgan-bitcoin-volatility-normalization-institutions
► Coindesk Q1 Report: https://www.coindesk.com/research/reports/coindesk-quarterly-review-2021-q1
► Goldman Wealth Management: https://www.bloomberg.com/news/articles/2021-03-31/goldman-close-to-offering-bitcoin-to-wealth-management-clients
► Modern Portfolio Theory: https://www.investopedia.com/terms/m/modernportfoliotheory.asp
► Blockchain Associate Blackrock: https://careers.blackrock.com/job/12439519/associate-blockchain-new-york-ny
► MS Advisory Note: https://mgstn.ly/3a1X4O7
📉 Vol Reduction 📉
Volatility is often seen as a barrier to Bitcoin adoption by institutions.
According to a report on Bitcoin’s volatility, JP Morgan stated that ‘volatility acts as a headwind towards further institutional adoption.’ However, that same report notes that this volatility is in a sustained downtrend. It has been tamed considerably since then.
It is also in a sustained downtrend over the first quarter this year. So, what this shows is that not only has Bitcoin being less volatile over the past 3 months.
📉 Fall in Correlation 📉
There used to be a high correlation between Bitcoin and Equity prices. Correlation is important because it can help to hedge out porftolio risk. If you hold assets that have a low correlation with each other, it means that they won’t move together. This is according to the Modern Portfolio Theory of Investing.
Bitcoin’s correlation with the likes of Equity markets has been on a sustained downtrend since the beginning of the year. This is the case not only with the historical but also for the forward looking or “implied volatility”. This means that it has become a good hedge for the likes of traditional equity.
There has also been a reduction in the correlation with the likes of Gold and the Dollar. This means that it is it’s own asset class that is completely unrelated to these other traditional assets. Given the negative correlation with the USD it means that this could act as a complete dollar depreciation hedge.
🏢 Goldman & MS 🏢
Morgan Stanley & Goldman Sachs have both been really sceptical on Bitcoin in the past but have completely changed their tact.
Here is what MS was up to:
– 13 Feb: Counterpoint Global
– 17 Mar: Bullish Wealth Management Report
– 19 Mar: Potentially Purchasing Bithumb
– 1 Apr: Mutual Fund Approvals
– 1 Apr: SEC Filing
Goldman Sachs has said that they are developing products so that their wealthy investors can invest in Bitcoin. These funds will help them invest in Bitcoin.
🤔 Could BlackRock Enter? 🤔
BlackRock is the largest asset manager in the World with over $7.3 trillion in assets under management. In early December of last year the CEO was stating that Bitcoin could possible “evolve” into a global asset.
In December it was reported that BlackRock was on the lookout for a VP Blockchain lead to “drive demand” for the firm’s crypto offerings.
The BlackRock Chief Investment Officer is also bullish. In an interview that he did with CNBC in February he said that BlackRock has started to “dabble” in Bitcoin. They have also started investing in these according to the most recent filings.
Given how large BlackRock is, if they were even to invest 1% of their Total AuM into Bitcoin it could be monumental. It is also important from a signaling perspective as it could be a sign to other global managers
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bitcoin #BTC #crypto #institutions #goldmansachs #morganstanley #BlackRock
Gold Bullion Investment: A Return To The Gold Standard?
With the recent economical issues around the world there has actually been a call from many for a return to the gold requirement. This short article describes what the gold requirement is and also just how its return could influence on gold bullion investment.The Myth of Diversification: Why Some Are Getting Rich Quick and Others Are Going Broke
Undoubtedly having all your “eggs in one basket” so to talk, may not be a safe and secure method to invest your money, however diversification can be just as negative. There are thousands of individuals who spread their cash around right into numerous sorts of financial investments as well as end up with fifty percent of them succeeding, the other fifty percent refraining from doing so well and even shedding money.The Secret to Attracting Money: Easy Ways to Wealth Attraction
Wealth creation experts have made this topic noise wonderful to the average person, so much so that they prepare to pay thousands of dollars for mirrors as well as smoke. Riches destination is not magic, its an art that needs knowing and practice. Read this post to recognize the basic foundation of the art of drawing in money.Tips For Selecting the Right Broker to Help You Trade Smart and Efficiently
Choosing the appropriate broker to trade with is critical to your trading success. As a starting investor, discovering the right broker to assist trader clever and also effectively includes choosing a broker that focuses on your market.Tips For Avoiding Indicator Overload As a Trader: Knowing Which Indicator to Use
Starting investors frequently place so many signs on their charts that they can not truly see what’s going on. Simpleness is the essential to successful trading.