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The Perfect Portfolio
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The Phenom Weekly Update
Welcome to the Phenom Crypto Update, your all-in-one source for staying ahead of the curve in the world of cryptocurrencies. We bring you the latest news, cutting-edge trends, and exclusive alpha alerts from the dynamic world of digital currencies curated by our elite Phenom Analysts.
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Happy Thursday Phenoms!
Today we are covering:
The Perfect Portfolio 📈
Surviving the next cycle 🧵
Curve Exploit 👮🏻♂️
BASE launches 🚀
The Perfect Portfolio
As an investor, one question that consistently pops up is, "What's the perfect portfolio composition?" Turns out it is basically just crypto.
What is it? Three analysts from BlackRock undertook a study in August '22 that is now gaining traction among the crypto community.
The conclusion? A risk-reward optimal portfolio consisting of Bitcoin, stocks, and bonds. And here's the allocation breakdown the study showed as being optimal for returns:
Bitcoin: 84.9%
Stocks: 9.06%
Bonds: 6.04%
These analysts suggest that the lion's share of any well-balanced portfolio should be in Bitcoin.
BlackRock, the world's largest asset manager, has made a serious about face on Bitcoin. They've recently filed for a Bitcoin ETF and their CEO, Larry Fink, is actively touting Bitcoin's virtues on a media tour.
The takeaway? If BlackRock continues on this path, the crypto market should benefit greatly. If even a small percentage of the global assets-under-management were to be shifted into BTC it will huge for the crypto industry.
With Blackrock leading a charge of institutional money into BTC, liquidity and price discovery should skyrocket 🚀
Phenom News
Stay up to date with the latest news and trends
0/ A lot of discussion on RWAs recently. I find most of the framing of these discussions to be wrong
Like NFT, RWA is a fairly horizontal term that refers to many different things
— Composability Kyle (@KyleSamani)
2:30 PM • Jul 26, 2023
The Twitterverse
A collection of the most interesting stuff on Crypto Twitter this week
🚨 Some Major news from yesterday 🚨
- $150 Million in Liquidations as BTC Dumps to Monthly Lows
- Vladimir Putin Approves Russian CBDC,
Launches In August- Pro-crypto bill gets chilly Senate reception from Democrats who say digital currency benefits 'money launderers and the… twitter.com/i/web/status/1…
— 🐍Salazar.eth 🦇🔊 (@0xSalazar)
11:39 AM • Jul 25, 2023
Don’t fade $OP
The latest Optimism article is very interesting.
The proposal is to launch a shared governance model & sequencer for all OP chains.
This is great news for $OP:
• $OP holders will govern the Superchain
• Optimism will earn revenue from all OP Chains via sequencer fees
There… twitter.com/i/web/status/1…
— The DeFi Investor 🔎 (@TheDeFinvestor)
11:02 AM • Jul 26, 2023
lol 😂
JUST IN: 🇺🇸 US Congressman says #Bitcoin creator "Saratoshi Nagamoto" was not innovative.
— Watcher.Guru (@WatcherGuru)
4:54 PM • Jul 26, 2023
Some great advice on making it through the next cycle
In 2016, several of my millionaire friends suddenly went broke.
In January, we were popping bottles at Hakkasan. By the year's end, they asked if I knew if anyone was hiring.
I’ve seen this rapid rise and fall scenario play out constantly (especially in Crypto).
People earn… twitter.com/i/web/status/1…
— Edgy - The DeFi Edge 🗡️ (@thedefiedge)
12:12 PM • Jul 26, 2023
The next cycle will bring adoption to the masses
X Corp is going to introduce #Bitcoin to 500M+ people in the near future via their payment service 👀
time to change the way the world views money
— Mohegan ₿TC 🟠 (@MoheganBTC)
11:01 AM • Jul 25, 2023
Closing the ledger for now, but the crypto revolution continues. Stay curious, stay bold, and keep chasing those blockchain gains!
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