The Floodgates Are About to Open in the Crypto Market

[Inside Wall Street with Nomi Prins]( Maria’s Note: Maria Bonaventura here, senior managing editor of Inside Wall Street with Nomi Prins. Today, we’re handing the reins to Nomi’s colleague and cryptocurrency expert Teeka Tiwari. Right now, Teeka’s got his eyes on the world’s first cryptocurrency. So far this year, Bitcoin is up 65%. And thanks to an upcoming upgrade in the network, Bitcoin is set to soar a lot higher. This new crypto development could have far bigger implications than the banking crisis. It could drive crypto into the mainstream at an almost unbelievable speed… and give rise to a new generation of projects that will hand you the biggest gains in the next crypto bull market. The good news is, Teeka’s holding a special briefing tomorrow night at 8 p.m. ET to reveal all the details. [To reserve your spot, click here](. Then, read on for more about the next huge catalyst for crypto… --------------------------------------------------------------- The Floodgates Are About to Open in the Crypto Market By Teeka Tiwari, Editor, Palm Beach Daily [Teeka Tiwari] In 2015, Digital Currency Group launched a new closed-end fund called the Grayscale Bitcoin Trust (GBTC). For the first time in Bitcoin’s history, anyone could invest in Bitcoin in the public markets. The fund opened the door to institutional investors like hedge funds, mutual funds, and pension plans that wanted exposure to Bitcoin but couldn’t own it directly. Around the same time, Coinbase opened the first regulated Bitcoin exchange in the United States. The platform made it easier for investors to buy and sell Bitcoin. These products opened the floodgates of capital coming into Bitcoin. As you can see in the chart below, from its low in January 2016 to its high in July 2018, the amount of crypto assets under management exploded by 3,642%. [Chart] Here’s the thing… From November 2013 to January 2015, Bitcoin plunged from $1,127 to $172 – an 85% drop from peak to trough. When I saw all these institutions begin to move some serious capital into crypto after that crash… That’s when I knew it wasn’t a scam. I realized it was a revolutionary idea that would create millionaires. That’s when I decided to start writing about crypto. I recommended Bitcoin in 2016 at around $400 and Ethereum around $9. Today, they’re up 7,157% and 21,096%, respectively. That’s enough to turn every $1,000 into $72,570 and $211,960. That wasn’t the only time I recommended crypto when I saw institutional capital making a move into this space. In late 2018, Fidelity started offering crypto custody and trading for hedge funds and family offices. Recommended Link [Would you put your dollars here?]( Machines like the ones in this picture are popping up all across America. [image]( If you’ve been to a concert venue, stadium, or airport, you’ve almost certainly walked by one without knowing. The experts are calling it a ‘Reverse ATM’. They’ve been installed at places like Citizen’s Bank Ballpark in Philadelphia… They’ve even been used at the Super Bowl. Why are these machines suddenly appearing out of nowhere? And what does it mean for your money? We’ve recently arranged an interview with former Goldman Sachs managing director, Dr. Nomi Prins, to get her take. There’s nobody in America who’s more aware of the inner workings of the banking system. In the interview, [Dr. Prins explained these strange ‘reverse ATMs.’]( And she said she expects them to play a key role this Summer as our nation’s financial system is overhauled for the first time since 1971. According to her research, many Americans will be blindsided by what’s to come. BUT, folks who understand the ‘Reverse ATM’ phenomenon before it becomes obvious to the average American could actually profit in the weeks ahead. To help folks prepare, she’s recorded a briefing that explains exactly what she sees coming, how it will play out, and how much time you have to prepare. [Click here now to see Dr. Prins’ free presentation.]( -- Fidelity is the third-largest asset manager in the United States, with more than $3.8 trillion under management. Once Fidelity got involved in crypto, I knew other financial firms would soon follow. Wall Street is greedy. It would never let just one competitor dominate a new asset class like crypto. So everyone on Wall Street got involved. For the first time ever, pension funds started to invest directly in Bitcoin. - The New York Stock Exchange launched its Bitcoin futures product. - Goldman Sachs started offering Bitcoin trading to its customers. - And even JPMorgan Chase got involved. By 2019, we saw billions of dollars coming into the crypto market. And in 2020, the entire asset class skyrocketed from the 2018 Crypto Winter. You can see the explosion in the chart below… [Chart] So when I saw this new capital coming into crypto, I started making a series of new recommendations, giving my readers the chance to turn $1,000 into $40,550, $122,930, and even $761,330. Here’s why I’m telling you this: The floodgates are about to open again. Recommended Link [New Dollar Warning From Expert Forecaster]( [image]( Jeff Clark predicted and/or profited from the last four major market crashes. But now, he’s coming forward with a brand-new prediction about the dollar. [Just click here for all the details – including a unique way to protect yourself.]( -- A $20 Trillion Market Opened on June 1 On June 1, financial regulators opened the doors to the second-largest crypto market in the world… a market with almost $20 trillion in investable capital. Earlier this year, the Hong Kong Securities and Futures Commission announced that, starting on June 1, crypto exchanges in the territory can service retail investors. China’s financial system has about $19.47 trillion in assets under management. The website CoinGeek said this new rule “will attract capital, particularly from China, by making Hong Kong a possible home for digital asset exchanges to operate legally.” And according to The Wall Street Journal, more than 20 crypto and blockchain companies from mainland China, Europe, Canada, and Singapore have told the government they’re planning to establish a presence in Hong Kong… while over 80 firms have expressed interest in doing so, according to official figures. That’s why I say the opening of Hong Kong will open the doors to trillions of dollars in new capital to crypto. Now, crypto is still banned in mainland China. But this new rule is a loophole that allows the Chinese to invest in crypto once again. I believe China knows blockchain technology is here to stay. And it doesn’t want to be left behind. For instance, in 2021, it banned all crypto-related services, including Bitcoin and Bitcoin mining. Did Bitcoin go away? No. So when China’s ban turned out to be a non-event for the market, I believe that’s when the government finally realized it can’t control crypto. It realized what I’ve been telling my readers for the past seven years: The genie is out of the bottle. There’s no way of putting it back in. If China bans crypto, everything just moves offshore. So the government will let Hong Kong experiment with new regulations, like the one that went into effect June 1. It’s going to watch what happens without having to reopen the mainland to the crypto market. This is a way for China to dip its toes back into the crypto world without putting the financial stability of the entire country at risk. Recommended Link [The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty]( [image]( A unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! In fact, Business Insider says this type of investment could provide “enough money to live off of each year, without having any other retirement plan...” “Royalties” are the most exciting investments in history. Put simply, they’re periodic payouts… That could deliver all the money you need for your retirement… While these “royalties” are different from traditional royalties, just one could hand you enough income to live life on your own terms. And it only takes a few minutes to set up. [Learn how to collect your first payout before June 13th.]( -- The Next Big Development in Crypto Friends, I believe China’s new crypto rules will be a huge catalyst for crypto. Yet there’s something much bigger going on beneath the surface… Something that the mainstream media – and even most crypto investors – are missing completely. I’m talking about a new crypto development that’s going to have far bigger implications than the banking crisis… Because this crypto breakthrough has the potential to dethrone the FAANG companies… Drive crypto into the mainstream at an almost unbelievable speed… And give rise to a new generation of crypto projects that I strongly believe will hand you the biggest gains in the next crypto bull market. That’s why I’m holding a special event where I detail this urgent opportunity [tomorrow, June 7, at 8 p.m. ET. Attendance is completely free](. You can get VIP text alerts and reminders for Wednesday’s event by clicking [here](. Once you sign up for VIP text alerts, I’ll have two special gifts for you: - BIG T’s SECRET: How to Make an Extra $1.4 Million in the Next Crypto Bull Market. - This 33-Cent Pick Will Ride AI and “Crypto’s New Development” to Breathtaking Gains. The first report explains the simple secret behind how I’ve picked so many winners. And the second reveals one of my favorite picks to play this new development. You get both reports as a bonus for signing up as VIP. [No strings attached](. Friends, I believe this new development represents your last, best chance to become a crypto millionaire from a modest stake. So [click here]( and join me tomorrow night. And let me show you why. Let the Game Come to You! [signature] Teeka Tiwari Editor, Palm Beach Daily --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Inside Wall Street Feedback). MAILBAG Yesterday, we asked if you believe “the people concerned with climate change are those who want ‘absolute power over the citizens.’” Today, a reader offers his thoughts and knowledge as a geologist… In regard to climate change and what is the cause: I am a geologist, and I can assure you that in the earth’s history, there have been periods in which our world was much warmer than today and much colder than today, and that can be found in the geologic record. What I find amusing is that the “scientists” indicate our climate is warming faster than at any other time in history. Really? The thermometer or temperature-measuring device wasn’t created until the 1600s and really wasn’t perfected until the 1800s, so how did we come up with the theory that our world was warming faster than at any other time in history? The geologic record can tell us the climate has changed dramatically in the earth’s history, but what it cannot tell us is how quickly it changed as the geologic record is measured in much longer periods of time. If we are indeed the cause of the recent warm-up, why in the early 1970s were scientists indicating we were heading for a new “Ice Age.” Were they just stupid or did something change? I can tell you we are not the only cause, but we are likely a contributing factor. Since the 1970s, we have done many things which could be contributing to global warming: burning of rainforests, population growth (people and animals), increased use of fossil fuels, creation of ozone-depleting chemicals, increased use of fertilizer (growing algal blooms and decay), and the cleaning of our air by reducing pollutants from fossil fuels. What? Cleaning our air has increased the global temperature? Am I nuts? In the 1970s we had an awful air pollution problem. Smog in our big cities was awful, and in an effort to create much cleaner air, we improved air quality through reduced automotive emissions, cleaner coal technology, and the overall reduction in the use of dirty coal. While the air became much cleaner, it allowed much more sunlight to enter our atmosphere, thereby warming the planet. Look at it this way: you have a greenhouse with clear panels on the roof. If you allow the sun’s rays to enter the room unabated, it warms quickly. If you include house plants that are sensitive to too much heat, you place a mesh screen to reduce the amount of sunlight entering the room. That screen acts just like the dirty smog we had back in the 1970s, such that the new “Ice Age” was thwarted and our environment warmed because of it. Additionally, there are other factors, which we do not control, that are at play but are much harder to quantify. Volcanic activity has been very low in the last couple of decades, primarily the explosive types which emit huge amounts of ash and gases into the atmosphere. Think of Krakatoa or more recently Mt. St. Helens as an example. These explosive volcanoes can emit huge amounts of ash and gases which can remain suspended in the atmosphere for long periods of time, much like a screen mesh over our plants that keeps things cooler. Also, the earth rotates around the sun in an elliptical pattern, and this pattern is not constant. It has some variation over time. The earth’s tilt is not constant either, and scientists have noted that the earth has a “wobble” as it rotates around the sun. How do these impact the temperature on Earth? We don’t fully understand at this point, but it likely has an impact. [Recently]( Nomi has written about owning gold as a hedge against the inevitable digital dollar. This same reader shares his experience trying to purchase precious metals… I am a strong believer in owning precious metals as a hedge against volatile dollar valuations. While I see many recommendations to purchase physical metals, the premiums required for the average investor have exploded over the past 18 months or so. I used to be able to purchase gold coins/bars at a premium over the Comex futures at about $30-50 per ounce. Currently, that premium has ballooned to $150-200 to acquire average investor amounts. Likewise, silver has seen the premiums increase from $1-1.50/oz a few years ago to now $4-7 per ounce. Recently, I discovered that more players on the Comex are taking delivery of the physical metals, leading to what will likely become a delivery shortage. The insiders or regular players on the Comex are aware of the issue, and at some point, we are going to have a “short squeeze” on one of the metals, catching some speculators off guard. This is going to look like the “long squeeze” that happened to crude oil on the April 2021 contract, sending prices below $0, only this is the opposite direction. I am fully expecting that one of the metals contracts will experience a severe short squeeze at contract expiration, sending prices soaring 10-20% on the monthly contract close. When will it happen? I have no clue, but I will dump my metals when it does. – Ross W. If you’ve tried to purchase precious metals like reader Ross, have you also run into rocketing premiums? What is the best way to gain exposure to precious metals in this market? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Inside Wall Street Feedback). IN CASE YOU MISSED IT… [The One Ticker Retirement Plan]( Over the Shoulder Demo Now Available Market Wizard Larry Benedict crushed the market in 2022. 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