Two major crypto drivers for 2020

[Bill Bonner’s Diary]( Maria’s Note: Maria Bonaventura here, managing editor of the Diary, with a special edition from cryptocurrency expert Teeka Tiwari. We’ve mentioned before that a small, 1% allocation to cryptos can make for a good speculation on decentralized money. For Dear Readers interested in learning more about cryptos, Teeka breaks down the two main drivers he believes will push prices higher this year… --------------------------------------------------------------- Two Major Crypto Drivers for 2020 By Teeka Tiwari, editor, Palm Beach Daily [Teeka Tiwari] On November 29, 2019, the whole world changed and no one noticed… A cadaverous group of crumpled-suited career bureaucrats came together and did something unexpected. The event was so underreported… it’s doubtful even one in 1 million people are aware of it. Of those who do know about it, maybe 5% of them understand just how important it is. In the U.S., that comes down to just about 15 people in the entire country who get what this historic agreement will mean. These fortunate few will use that information to make tens of billions of dollars. And today, I want to share with you what that information is… and why it will ignite a huge crypto rally in 2020. Recommended Link [The 2020 Crypto Boom]( [image]( Teeka Tiwari predicted the crypto boom of 2017 and Crypto Winter in 2018… Now, he’s making his BIGGEST prediction yet: [These five tiny cryptos]( could make you up to $5 million in 2020. Starting with just $500 in each. Regardless of which way Bitcoin moves next. Or how volatile cryptocurrencies get in 2020. Tonight, at 8:00 PM ET, Teeka will reveal how to learn their names during a free online training event called, “5 Coins to $5 Million: The Final Five.” (99.99% of people have NEVER heard of these coins.) [Click here to register for free]( -- Two Major Drivers in 2020 There are two drivers aligning perfectly that will propel crypto prices to new highs: - The first driver is a dramatic drop in incoming supply caused by the bitcoin halving event. (The halving is when the bitcoin reward is cut in half. The first was in 2012 and the second was in 2016. The third will occur in May 2020.) - The second driver will be a surge in brand-new, massive demand for bitcoin and crypto assets. This demand will come from new crypto financial products created by Wall Street. These financial products will act as a gateway for investor money to enter crypto assets. It’s the same way exchange-traded funds (ETFs) acted as a gateway for investor money to enter stock indexes, precious metals, and energy products. Since the first U.S. ETF launched in 1993, we’ve seen $6 trillion flow into ETFs. These financial products have been a home run for fee-hungry Wall Street. We estimate financial firms have made $26 billion in fees from them. And we expect they’ll use the same playbook to get their clients into crypto, too. The potential fee income is just too large for them to ignore. We peg it as an $8.3 billion annual fee opportunity for Wall Street. And just as Wall Street financial products drove prices for stocks, oil, and gold to all-time new highs… we expect they’ll do the same with crypto. Remember, the total market cap is just around $280 billion. So it won’t take much adoption by regular investors to push crypto valuations into well over $1 trillion. And according to a Bank of America report released in December 2019, ETF assets will grow to an estimated $50 trillion over the next 10 years. If that’s accurate, then the Wall Street fee opportunity for crypto products could be as much as $21 billion per year. And the fuse for this catalyst has just been lit… Recommended Link [Tonight: Join Teeka Tiwari on This Private Jet for the Most Exciting (and Profitable) Adventure of Your Life]( [image]( Teeka will board this private jet tonight, at 8:00 PM ET… and fly to a secret location. This mystery location is the driving force behind a rare millionaire-making phenomenon 100% guaranteed to hit the crypto market in roughly 50 days. When he lands, Teeka will show you how to grow $5 million richer from this event… Regardless of how volatile cryptocurrencies get in 2020. [Starting with JUST $500 into each of these five tiny cryptos]( -- The World’s Fourth-Largest Economy Just Said “Yes” to Crypto For this widespread adoption, governments and regulators must allow financial institutions to buy, hold, sell, and create securitized crypto products. And I have exciting news for you: On November 29, 2019, Europe’s largest economic power rewrote its laws to allow banks to do just that. The new law implementing the fourth European Union Anti-Money Laundering Directive passed by Germany’s parliament clears the way for German banks to build crypto products, offer crypto trading, and hold crypto on behalf of their clients. Friends, when I started writing about crypto in 2016, I prophesied the day would come when we’d see a legal framework to integrate crypto assets into the traditional financial system. To say those prophecies were met with scorn would be an understatement. Ridicule, mockery, and blunt rudeness were the nicer things I faced when I spoke about the broad acceptance of crypto assets. Yet here we are at the beginning of 2020. And even the most conservative German bank – Deutsche Bank – recently released a report heralding the death of cash… and the rise of cryptographic money like bitcoin. In a report late last year, a Deutsche Bank analyst called the current fiat (paper money) system fragile. Jim Reid, head of global fundamental credit strategy and thematic research at Deutsche Bank, expects cryptographic money to overtake fiat by 2030. The report went on to say exactly what I have been saying since 2016 (emphasis added): Separately, while critics bemoan cryptocurrencies as constrained by regulatory hurdles, we believe the incentives of governments and card providers are such that digital currencies are inevitable. It’s estimated German banks, brokers, and hedge funds control as much as $3.1 trillion in assets. Let’s assume crypto becomes viewed as an alternative asset like gold. That suggests we could see as much as $150 billion flow into crypto just from Germany. If the rest of Europe follows Germany with just 1% of its financial assets we could see another $250 billion allocated to crypto assets. As Europe’s financial leader, it’s not too much of a stretch to imagine that where Germany goes, the rest of Europe will follow. In fact, it’s already starting to happen… Recommended Link [Your Personal Invitation To “Board” Teeka’s Private Jet (Tonight at 8:00 PM ET)]( [image]( Tonight, at 8:00 PM ET, Teeka’s flying to a secret location to investigate his top 5 cryptos for 2020. And for the first time ever, YOU’RE invited to join. (And you’ll have a chance to learn their names) NOTE: These are some of the tiniest cryptos Teeka’s ever recommended. They also have the biggest profit potential… Teeka believes a $500 investment in each could potentially make you $5 million richer, in as little as 10 months from today. Regardless of which way Bitcoin moves next. Or how volatile cryptocurrencies get in 2020. [Click here to join Teeka on the journey of a lifetime – for FREE]( -- All the Pieces Are Falling Into Place Just two weeks after Germany’s landmark law passed, the $1 trillion Dutch banking giant ING announced it’ll allow its customers to store their crypto assets with the bank. And while we’re seeing big waves in Europe, the pieces are starting to fall in place in America as well… Late last year, Fidelity Investments – the fourth-largest U.S. money manager and broker – received approval from New York to begin offering crypto trading and custody to its clients in that state. In a statement, the state’s Department of Financial Services said Fidelity can now launch a digital currency trading platform “on which institutional investors and individuals can securely store, purchase, sell, and transfer bitcoin” to New York residents. Fidelity has 30 million retail clients and over 20,000 business clients. But this is just the tip of the iceberg. There are 500 million stock investors. And Wall Street will be licking its chops to charge fees on a slew of new products it can sell to this pool of new investors. Even the notoriously strict Securities and Exchange Commission (SEC) is starting to soften its stance. On December 2, the SEC shocked everyone when it approved a bitcoin fund from the Stone Ridge Asset Management – which collectively manages $15 billion across its family of funds. The first-of-its-kind fund targets institutions that want long-term exposure to bitcoin. It will mimic the price of bitcoin… and invest in bitcoin futures that trade on the Chicago Board Options Exchange (CBOE). Although small at just $25 million, the fund marks the beginning of what could be a tidal wave of institutional cash coming into bitcoin. What is exciting about this announcement – and what you need to focus on – is the approval of this fund will likely pave the way for an approval of a similar fund that settles in actual bitcoin. This means actual bitcoin will be pulled from the market and stored, traded, and exchanged between counter parties. For bitcoin holders, the new demand will benefit us by shrinking an already dwindling supply ahead of the halving. It’s not rocket science… When demand shoots way up and supply goes way down, prices gallop higher. The Future Is Bright The world’s fourth-largest economy, Germany, now allows its banks to store crypto. Germany is the leader in the EU, so expect the other 26 EU countries to follow suit. That’s a massive trillion-dollar market. In the U.S., we’re starting to see the regulatory environment for crypto soften. That will allow Wall Street to bring crypto products to 500 million investors. And I haven’t even mentioned the fast-growing Asian region, where crypto adoption is already high in places like China. All of this demand is set to the backdrop of the halving, which will cut incoming supply in half. Sure, there’ll be some volatility along the way. But I want you to look past that and stay firmly fixed on what matters in the long term. And that is, dwindling supply and growing demand will cause a massive price in all crypto coins… not just bitcoin. That’s why for the past six months, I’ve been on a world tour, interviewing my network of crypto insiders and billionaires to uncover “[The Final Five]( These are the last five tiny cryptos that a rare phenomenon will send soaring so high… $500 stakes in each could mint new crypto millionaires. To prove it, I’m doing something never been done before in the history of our industry. I’ve chartered a private jet and taken strict precautions to keep its destination secret. And [tonight at 8 p.m. ET]( I’ll take you along to the hidden epicenter of this millionaire-making phenomenon during a special event from inside my private jet. When I land, I’ll officially release my new Final Five buy-list. This historic online event is expected to reach max capacity. [So reserve your seat today.]( Let the Game Come to You! [signature] Teeka Tiwari Editor, Palm Beach Daily P.S. I’ve been recommending cryptos since 2016. And I picked the No. 1 performing cryptos of 2016, 2017, 2018, and 2019. At tonight’s free event, I’ll release my new buy list… containing what could be the top crypto of 2020. [To register for free, click here.]( [Bonner and Partners]( Bonner & Partners 55 NE 5th Avenue, Delray Beach, FL 33483 [www.bonnerandpartners.com]( [Share]( [FACEBOOK]( [Tweet]( [TWITTER]( This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. To stop receiving these emails, click [here](. Bonner & Partners welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-681-1765, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@bonnerandpartners.com). © 2020 Bonner & Partners, LLC. All rights reserved. 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