Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
US Public Pension funds have $5.5 Trillion in assets.
According to the WSJ returns are expected to fall over next few years and to cover retiree benefits they are prepared to take on higher risk and so expect increased investment in crypto.
https://www.coindesk.com/markets/2021/10/20/valkyrie-secures-go-ahead-for-bitcoin-futures-etf/
Valkyrie ETF tomorrow , VanEck ETF next week
https://bitcoinmagazine.com/business/houston-firefighters-public-pension-fund-purchases-bitcoin
First US public pension fund to invest in BTC
https://bitcoinminingcouncil.com/bitcoin-mining-council-survey-confirms-sustainable-power-mix/
Sustainable power use estimated at 57.7% up 3% from last Qtr.
https://www.coindesk.com/markets/2021/10/19/bitcoin-equilibrium-price-likely-to-top-168000-following-etf-approval-fsinsight-says/
If this happens don’t think we have to worry !
https://cointelegraph.com/news/interactive-brokers-launches-crypto-trading-in-us-for-four-tokens
US Financial advisors registered with Interactive Brokers can now trade BTC
They have 1.4m clients holding $350bn in equity.
They are encouraging advisors to recommend clients hold small % in crypto.
Some comments on Twitter that this is bigger than the ETF news.
https://youtu.be/JPai5uoN2tg
Q3 2021 Briefing - Tomorrow 5PM EDT.
https://youtu.be/sGBUMzCmjCA
Latest miner comparison by Blonity.
Arb now his largest holding at 20%.
Last time it was his largest miner was Dec/Jan last year and we know what happened then !
Often see people posting that we don’t realize how early we are in Cryto adoption.
Not sure if we are about to go mainstream (or not quite there yet with mass acceptance) but exciting to thing we could be.
Certainly seems a lot more articles about it this weekend following the expected ETF approvals.
https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-week-at-a-glance-upcoming-bitcoin-etf-to-drive-more-adoption/articleshow/87079249.cms
https://news.bitcoin.com/jmp-securities-crypto-entering-mainstream-adoption-hit-escape-velocity/
https://cointelegraph.com/news/the-crypto-industry-is-still-waiting-for-its-iphone-moment
https://cryptonews.com/exclusives/institutional-crypto-adoption-three-factors-to-watch.htm
https://bitcoinmagazine.com/markets/grayscale-spot-bitcoin-etf-soon
Grayscale to apply next week, tracks current rather than future BTC price.
https://twitter.com/bradley08756305/status/1449117240964653058?s=21
Argo liking a tweet that it is about growth not share price and our share price does not reflect true value.
The- chuz you say “sour sentiment”.
I don’t believe there is one , it is just a narrative that has been created by a number of negative posters who have the loudest voices and post more often. Outside of that most investors and institutions have a positive short and long term outlook on Arb. If we can’t be excited and speculate about Arb this weekend when can we. No idea what share price will be next week but with market sentiment think it’s going to be great week/month/year etc.
No weekend. GLA
Poptimist think everyone feels frustrated to a greater or lesser degree. But think that frustration is because we know we are underpriced and what the potential is. Given Texas and all the other positives with Arb I would try and concentrate on where we will be when share price reflects our true value/potential. By mid year 2022 at the latest, think we will be in a totally different position.