Did You See This Crypto Report?? FULL Breakdown

 Financial bubbles are indistinguishable from the adoption of new technology. This is the first sentence of coin. Gecko's recent quarterly report on the cryptocurrency market and there is a lot of truth to that statement since the start of the year. Cryptocurrencies have seen record adoption growth and innovation whether it's tesla buying bitcoin coinbase going public or thor chain launching the first ever cross chain decks. There is no question that what we're seeing in crypto is much more than a bubble these many milestones constitute a watershed moment for the entire crypto industry and mark the beginning of the global presence it was destined to have since bitcoin began in 2009.

Today i'm going to take you through a few of the top crypto trends that are taking the world by storm and what they could mean for this bull market and the future of cryptocurrency. I hate to spoil the fun but a disclaimer needs to be done nothing in this video is financial or investment advice.

It is purely for educational and entertainment purposes. If we're being precise financial advice is just not my cup of tea so if you happen to be looking for it. Then you'd better not be looking at me if this is your first encounter with the coin bureau brigade my name is guy and i think crypto is as good as getting laid. This Artical is home to some of the highest quality crypto content on the internet. Cryptocurrencies big and small tips and tricks you'll get them all crypto news and market moves and other valuable knowledge that you can use if this sounds too good to be true.

Now that you're all set let me tell you. why no coiners are about to get wrecked you know that bitcoin is the best performing asset of the decade since 2011 btc has gone up by more than 20 million per cent outperforming every other investment vehicle in existence during that time.

Bitcoin's market cap also recently exceeded one trillion dollars which would make it the sixth largest company in the world by market cap beating facebook by a few hundred million dollars. More importantly bitcoin's market cap is about 1 10 of the market cap of all the gold in circulation now this is significant because btc is likened to digital gold since it derives much of its value from its scarcity and maximum supply of 21 million.

As such many believe it is only a matter of time before bitcoin becomes as big as gold and others believe btc could even become much larger since it's much easier to get easier to store and easier to transfer. This makes bitcoin an optimal hedge against inflation and this hedge seems to be the reason.

Why so many institutions have started to buy btc in recent months forty percent of all US dollars in existence were printed last year to keep the corpse of the economy lurching along this would theoretically lead to an inflation rate of forty percent all else being equal. Now all else has not been equal but that's a topic for another time anyways while the inflation from all this money printing has not fully revealed itself in everyday goods. It is clearly visible across all asset classes primarily housing  stocks and cryptocurrencies as explained by heresy financial the reason for this is basically because corporations and consumers can't do anything else but buy assets  with that stimulus money 

In theory corporations should be spending that stimulus money to sustain or even expand their operations. but this is futile when everything is closed since that investment would not yield a profit. moreover many of these stimulus packages have restrictions on stock buybacks thi means the only option.

Most corporations have with their stimulus money is to buy other stocks or assets such as cryptocurrency that stimulus money world lose value if they just kept it in cash. Similarly consumers are being cautious with their money and in some cases can't  even spend if they wanted to because everything is closed or out of business.

This likewise leaves consumers with no their option but to save that stimulus money or invest it in assets individuals and institutions have sonsequently been accumulation BTC like mad with paypal and squre collectively buying 100 of all newly mined btc in march of this year the might leave. You wondering what would happed if most or all the BTC in existence was purchased by investors with deep pockets well. It's first worth pointing out that only about one percent of bitcoin's entire supply is currently held by publicly traded companies this number rises to about 6.7 percent if you include the treasuries of companies both inside and outside of the cryptocurrency space now even if that figure was 67 i reckon it would be the same situation. We have now with other limited assets like gold and land there will always be someone somewhere who's willing to sell.

Bitcoin's recent rise is due to its use as a hedge against US government printing is quite a contrast to the common crypto belief that stable coin printing is the real culprit stable coins have also seen record growth over the last few months with their collective market caps more than doubling from 30 billion to over 60 billion dollars although most of this market cap gain came fro tether's USDT printer USDT'S dominance as the top stable coin seems to be coming to an end the market cap of circle's USDC stable coin growing at twice the pace of USDT'S and this has been the case for quite some time there are many reasons for this but the main one is trust unlike tever circle is based in the US. It's heavily regulated and frequently audited to ensure that all USDC in circulation is fully backed by US Dollars.

The market cap of binance's BUSD stablecoin has seen strong growth for similar reasons besides being a product of a partnership with another US regulated issues call paxos BUSD is front and center on the binance exchange given that more than 60 of all trading volume in cryptocurrency. It should come as no surprise that  BUSD'S market cap has almost tripled sinece the start of 2021.