Welcome to the US Cryptocurrency Morning Briefing. We'll briefly summarize today's important cryptocurrency developments.
Grab a coffee and read experts' opinions on BTC. Bitcoin is increasingly becoming the focus for investors seeking asymmetric opportunities. As institutional adoption increases, the narrative grows that Bitcoin can provide unparalleled returns relative to risk.
Today's Cryptocurrency News: Redefining Bitcoin Investment Portfolio Asymmetric Betting
Bitcoin has become the focus for investors seeking asymmetric opportunities. Lawrence Lepard, a prominent figure in the investment community, recently reaffirmed his stance on the pioneering cryptocurrency.
Lepard, known as a strong advocate for sound money principles and author of The Big Print, described Bitcoin as the most asymmetric bet of his 40-year investment career.
"I have long argued that those who do not hold any Bitcoin are missing out on the most asymmetric bet I've seen in over 40 years of investing." – Quoted by Lepard in an interview with KITCO News, as reported by TFTC.
Lepard's argument emphasizes the concept of asymmetric betting where potential rewards significantly exceed risks. Financial analysis supports this perspective, highlighting Bitcoin's portfolio diversification capabilities.
This argument reflects the growing narrative that Bitcoin can provide unparalleled returns relative to risk.
Lepard's statement comes at a time when Bitcoin is increasingly recognized as a hedge against inflation and economic instability. Recent US cryptocurrency news publications have cited Bitcoin's hedge role against traditional finance (TradFi) and US Treasury risks.
Bitcoin has demonstrated exponential growth potential, with early investors witnessing substantial returns.
"By 2025, Bitcoin's price will exceed $105,000, a 1,400% increase from $7,000 in 2017," a user mentioned on X.
Despite volatility, the downside risk of the pioneering cryptocurrency is limited to a 100% loss, in stark contrast to its unlimited upside potential. According to Lepard, this makes it an attractive option for risk-tolerant investors.
"With all commodities in the world, when prices rise, supply increases. If gold becomes ten thousand tomorrow, we'll mine more gold. If corn rises, if oil becomes two or three hundred dollars a barrel, we'll drill more oil. You'll get higher prices. You'll get more. With Bitcoin, wherever the price goes, the issuance schedule is set. No more will be issued," Lepard added.
Lepard's Bitcoin support aligns with broader market trends. Institutional investors, once skeptical, are increasingly integrating Bitcoin into their portfolios. This is facilitated by Bitcoin's decentralized nature and fixed supply of 21 million coins.
This shift is part of a larger conversation about Bitcoin's store of value role, particularly similar to gold when facing global economic uncertainty. Accordingly, Lepard suggests owning one full Bitcoin will become challenging in the coming years.
"In a few years, it will be tremendous to be a whole coin owner," he said.
Today's Chart
This chart shows Bitcoin price movements since 2022, indicating significant investor returns over the years.
Today's Key News
Summary of today's notable US cryptocurrency news:
- Cryptocurrency inflows soared to $3.3 billion last week. Amid US economic concerns, Moody's credit rating downgrade and rising Treasury yields are driving cryptocurrency demand among investors.
- Binance Square now allows users to follow real-time streaming strategies and directly execute spot or futures trading within the stream interface.
- MicroStrategy purchased an additional 4,020 BTC for $427.1 million. Total holdings now stand at 158,250 BTC, which is 2.9% of BTC supply.ynn $25 million from Hyperliquid trading
- Ethereumthe's contract surin 2025the first the market of over $4, in 2021.
- Economist Henrik Zeberg predicts>>a new long-term inflation regime. This could potentially reshape the global economy and financial markets.
- Coinbaseeisar is facing a class-action lawsuit
Cryptocurrency Stock Pre-Market Overview
| Company | May 23 Closing Price | Pre-Market Overview |
| MicroStrategy (MSTR) | $369.51 | $366.32 (-7.50%) |
| Coinbase Global (COIN) | $263.16 | $261.54 (-3.23%) |
| Galaxy Digital Holdings (GLXY.TO) | $31.48 | $30.74 (-2.36%) |
| Marathon Holdings (MARA) | $14.74 | $13.88 (-5.82%) |
| Riot Platforms (RIOT) | $8.55 | $8.18 (-4.36%) |
| Core Scientific (CORZ) | $10.68 | $10.53 (-1.39%) |
