Crypto is going mainstream with hedge funds quietly investing billions of dollars into the sector, according to a Coinbase. This article says, “…institutional traders would trade $1.14 trillion in crypto in 2021, more than double the $535 billion transacted by individual traders.”
The article continues, “According to sources familiar with the topic, Wall Street veterans Tudor Investment Corporation and Brevan Howard Asset Administration LLP have been quietly increasing their crypto balance sheets.”
Also, venture capital firm Andreessen Horowitz has hired Michele Korver to head its crypto regulatory compliance division. Korver was the first digital currency counsel for the US Justice Department’s Criminal Division. Her work in the position had earned her the title, “Crypto Czar.”
Your Friendly Reminder
We all hate unsolicited notifications but we also don’t want to miss out on ones that can potentially make us some moolah. At Crypto Dads, we recognize this dichotomy and we created a tool to make things easier for you. However, we noticed that everyone hasn’t taken advantage of it. Here’s your friendly reminder to do so:
And in some more good news, Crypto Dads subscribers can now access the Stock Dads discord server too!
We also launched the Crypto Dads Academy this week. Stock Dads, LLC has partnered with @Master J to provide a robust Crypto educational course with over 7 hours of content ranging from beginner to advanced. You can click here to view the videos: https://vimeo.com/showcase/9192244. The password is available to Crypto Dad’s members.
Analyst Corner
Wins abounded at Crypto Dads. This is Kenny
This is Maximus
