Right now, bitcoin’s market cap is near $1 trillion, and ethereum’s is around $450 billion…
And it won’t be long before these cryptos become more valuable than S&P 500 heavyweights like Facebook, Amazon, Apple, Google, and Microsoft, with other altcoins following in their footsteps.
So it’s no surprise institutions are beating a path to the crypto market…
Earlier this month, the S&P Dow Jones Indices launched three new crypto indexes: the S&P Bitcoin Index, the S&P Ethereum Index, and the S&P Cryptocurrency Mega Cap Index.
Peter Roffman, the company’s global head of innovation, said: “This is the first step. We are going to launch a broader set of indices. We want to pick the coins that have the largest institutional following.”
On that same note, a number of U.S. firms plan to launch bitcoin exchange-traded funds… Some credit cards companies plan to pay up to 2% rewards in bitcoin… And companies like PayPal and Sotheby’s Auction House now accept crypto payments.
As Daily editor Teeka Tiwari puts it, “We’re witnessing the birth of an entirely new financial ecosystem.”
It’s only a matter of time before this emerging crypto market rivals the stock market… so don’t sweat the recent pullback we’re seeing in crypto. It’s short term. The long term is what’s important.
In fact, Teeka predicts bitcoin will hit $500,000 within the next five years… And when it does, we’ll trace it back to an event he calls the “Super Halving.”
The mainstream is clueless about it… But if Teeka’s right, it’ll send bitcoin soaring higher than any stock.
That’s why Teeka pulled back the curtain on the Super Halving for an audience of 22,816 people earlier this week.
He explained what this “halving” is all about… why it’s critical you act now… and shared six explosive crypto-related investments that’ll benefit from it.
Click here to watch a replay while it’s still available… Then read on for more about this game-changing opportunity…
Editorial Director, Palm Beach Daily
P.S. If you’ve ever heard Teeka talk about “halvings” – when the supply of new crypto is cut in half at a predetermined point in time – then you know how lucrative these rare occurrences can be…
Before bitcoin’s halving in 2016, he recommended two coins that soared as high as 14,619% and 26,977%… And in 2020, he held another halving event where his readers saw gains as high as 5,121%.
But if you missed out on these halvings, Teeka has some bad news for you…
The chance to make life-changing gains from them is over. But here’s the good news: Teeka says the new “Super Halving” will be bigger than all the other halvings combined.
So, if you missed Teeka’s Super Halving event earlier this week, you’re in luck… We’re making a replay available for a limited time. Click here to watch it.