Six Bullish Things Before Breakfast (ETH)

“ETH is like Apple. Own it, don’t trade it.” June 21, 2024 [WEBSITE]( | [UNSUBSCRIBE]( "ETH is like Apple. Own it, don't trade it." Six Bullish Things Before Breakfast (ETH) CHRIS CAMPBELL Dear Reader, Let’s see… [clears throat. checks notes] → SEC approves Ethereum spot ETFs → The SEC drops investigation into Ethereum 2.0, implying Ethereum is a commodity (orange grover owners are furious) → Bitwise drops two Ethereum ETF commercials, suggesting approval is around the corner (July 4 is the common sentiment) → Pantera expresses interest in buying a whipping (yes, a whipping) $100 million worth of Bitwise shares → According to chain sleuth Glassnode, Ethereum balance on exchanges has hit an 8-year low, signaling ETH holders are becoming ‘irresponsibly long’ Does this mean crypto is going to skyrocket tomorrow? No. BUT It’s good news for those taking the slow and steady approach. (Did you take your vitamin DCA today?) Five Cryptos For Less Than $4 With 100X Potential After months of research, James Altucher has compiled a list of his top 6 cryptos, and 5 of them trade for less than $4. That means almost anyone can invest today and be set up for potentially life-changing wealth in the next 12 to 18 months. But understand, these coins are poised to soar much higher than $4 any day now, and once that happens, you will have lost your shot at life-changing wealth. DO NOT DELAY.[Click here to learn about these 6 coins now.]( The Most Bullish Thing About ETH "The most bullish thing about ETH right now,” says Wall Street vet Sam Jernigan on a recent Bankless podcast, “is that TradFi thinks it's like Bitcoin. I think when they fully understand it, it's going to blow their brains out.” Jernigan has spent the last 15 years trading on Wall Street. He also built and ran the crypto division at Moore Capital, one of the largest and oldest macro funds in the world. "Ethereum is a crypto like Bitcoin, but it has some utility," is a common response he gets when asking TradFi folks about their knowledge of Ethereum. But he thinks they’re not fully “grokking” its potential. Ethereum, he says, has the potential to revolutionize the global financial system by providing a decentralized, permissionless settlement layer for financial transactions. Ethereum can be thought of as a combination of SWIFT, the messaging system used by banks to communicate about the sending of dollars, and CHIPS, the system used for the settlement of those funds. This combination of messaging and settlement on a single decentralized platform, says Jernigan, is a game-changer for the financial industry. When asked about the addressable market for Ethereum compared to Bitcoin, Jernigan thinks it’s obvious: Ethereum's market opportunity is much larger. Jernigan offered some simple advice for those looking to get exposure to Ethereum: "ETH is like Apple. Own it, don't trade it." Of course, James and I are bullish on ETH… But we’ve identified a few cryptos we think will do WAY better in the coming bull. [Learn all about the when, how, and what right here.]( Until next time, Chris Campbell For Altucher Confidential Rate this email Like Dislike Thanks for rating this content! Looks like something went wrong. Please try to rate again. You have [(1) item]( on hold at our warehouse: Item #: [51987]( Status: On hold Value: Approx. $300 Claim by date: 6/21 at 11:59 PM To see how to claim yours simply [click here]( our Head of Customer Experience will show you what you need to do. You Might be Interested in... [The Scourge of Higher Education]( [US Dollar making big Currency moves. Your move next. Play to win.]( [This ONE Stock is my Inflation-Beating Secret Weapon - Zach Scheidt]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. 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