Best of Crypto

Litecoin is our top holding because it will be the next coin to get an ETF. Just today the 19b-4 was filed by Nasdaq to start the clock for comments from the SEC.

Looks like we were just in time to go back into alts yesterday. 2025 should in theory be the "altcoin party year". We'll see... :-)

The time between Christmas and yearend is often a bit weaker because people take profits to pay tax. I'm looking for a good reentry point

Today we saw further meltdown of stocks and especially cryptos. 2 hours ago the Fed sent speaker Goolsbee to calm markets by saying he still sees "a judicious amount of rate cuts" in 2025. Markets are recovering now. I reinvested most of our cash.

Powell decided to pop the stock market bubble in the US today or at least cool it down a bit. Rates were lowered as expected but he said something like: everything is great, maybe we can wait for further cuts a bit longer. These comments, together with the ultra leveraged long stock market traders was enough to cause a selloff in US stocks.

Many traders entered the stock market lately with leveraged bets and they get shaken out now.

I decided to move 40% of the strategy into cash and wait for more clarity how stock market movements affect crypto in the next few hours