The “Dumb Money” is apparently back. A single tweet from influencer Keith Gill, aka. “Roaring Kitty” was enough to send GameStop stock to the moon (again). If history repeats itself, a new wave of retail euphoria could also hit the crypto market.
Our podcasters David Scheider and Johannes MacSwayed take a closer look at the latest hype.
Bitcoin: Now rarer than gold
The post-halving Bitcoin supply shortage appears to be gradually reflected in on-chain metrics. The stock exchange stocks are melting away and demand is increasing. One reason for this: the insatiable appetite of small investors, so-called Bitcoin “shrimps”.
BTC FOMO among institutions
The scarcity of Bitcoins is apparently also causing brisk demand among large investors, more precisely the “institutional money”. As the so-called 13F filings show, Instis in particular have made significant gains in Bitcoin ETFs. Including one or two surprising hodlers.