Tom Lee Tracker (Not actually Tom)
1.5K posts
@TomLeeTracker
Daily updates on Tom Lee’s market insights/research, the Fundstrat GRNY ETF, and BMNR. | Not affiliated with Tom Lee, Fundstrat or BMNR.
VITALIK BUTERIN: CRYPTO IS NOT TRYING TO FIX THE DOLLAR. IT IS BUILDING AN ALTERNATIVE TO IT Vitalik explained why he calls Ethereum $ETH a "sanctuary technology." x.com/MTSlive/status… 1⃣ "We are in a less peaceful and less safe world than 10 or 15 years ago." 2⃣ There is a vision of safety competing with crypto: "A vision of...the uncle in the sky is going to figure everything out for us in exchange for taking away all of our privacy and all of our agency." "We want to be safe at the same time we want to be empowered." 3⃣ "Crypto does not have the ability to fix the dollar. Crypto has the ability to create its own thing that doesn't have the disadvantages of the dollar." "Each individual person is free to use it or free not to use it." Crypto is not the universe. It is a sanctuary inside it.
CLARITY moving forward ➡️➡️➡️ 🇺🇸🇺🇸🇺🇸
OK let's do this: we're weighing in on the contentious issue of $ETH's supply model TLDR: We think a change is warranted and would be bullish for $ETH longer-term The topic is a good litmus test for how people think about valuing crypto assets! Our take ⬇️⬇️
COINBASE CEO BRIAN ARMSTRONG: BITCOIN COULD HIT $1M PER COIN BY 2030 👀 "There's a couple of big tailwinds that lead me to think there's a good chance Bitcoin could be at $1M by 2030" x.com/roxom/status/2… The catalyst stack: - Regulatory clarity, GENIUS Act and market structure bills - US Strategic Bitcoin Reserve, G20 countries likely to follow - Institutional ETF inflows, Coinbase powering 80% of custody - 21 million coins. Ever. Lots of capital still to allocate "If the United States Government is going to begin holding Bitcoin, I think that's going to be a MASSIVE driver of demand." The CEO of the largest US crypto exchange is not hedging his answer.
IS RETAIL ROTATING FROM CRYPTO ETFS INTO SPOT HOLDINGS? Charles Schwab $SCHW rolled out direct spot Bitcoin and Ethereum trading to its retail clients They manage $11.77 trillion in client assets across 39.1 million brokerage accounts This is the largest retail brokerage in the United States adding direct crypto Meanwhile, Bitcoin and Ethereum spot ETFs saw net outflows yesterday The numbers: 🔴 $BTC ETFs: $233M in outflows 🔴 $ETH ETFs: $130M in outflows Are ETF holders starting to demand the underlying asset instead?
🇺🇸 THE LARGEST US BANK IS MOVING ITS MONEY MARKET FUNDS ONTO ETHEREUM ethereum:native JPMorgan $JPM filed with the SEC to launch JLTXX, an on-chain money market fund The fund will invest only in US Treasury bills, bonds, and notes It will be powered by JPMorgan's Kinexys Digital Assets unit Ethereum is the only blockchain available to investors at launch Expansion to other chains will follow
Introducing Slash Global Cards: USD virtual cards built for non US businesses. > Issue virtual cards at scale > Granular spend controls > No US entity required Join the dollar economy today.
"PEOPLE JUST THOUGHT IT WAS THE WORST IDEA IN THE WORLD. THERE'S NO POSSIBLE WAY THIS IS GOING TO WORK." Tether co-founder @Reeve_Collins on what he was told when he pitched the idea in 2013. Tether is now the backbone of crypto. He sat down with @WOLF_Financial CEO @GavBlaxberg at Consensus to break down what he's building next. STBL (Stablecoin 2.0): all collateral lives on-chain, and the yield gets stripped into a separate token that goes to the user instead of the issuer. WeFi: an on-chain protocol that lets banks plug into blockchain infrastructure. His take on where this is all going: "Soon, it won't be the crypto ecosystem and the financial infrastructure. It's just the financial ecosystem." Full interview below.
