Back to News
Crypto
February 11, 2025

The Red Wave of Crypto

Hi Enthusiast,

Insurance companies paid out $140K after security footage showed a bear causing damage to luxury cars—only to later find out it was actually a man in a bear costume. The man was charged with fraud, proving some people will go to extreme lengths for a quick payout.

The post-election market rally lost momentum last week, with stocks taking a dip after the Federal Reserve indicated it wouldn’t be cutting rates anytime soon. Bitcoin wrapped up the week just above $91K, holding steady despite the market's cooling off.

Trump Pump: Bitcoin Hits Record Highs

Bitcoin has been on a tear, skyrocketing to an all-time high of over $89K as of last night—a record even when adjusted for inflation. The cryptocurrency surged by approximately 25% since last week’s election of Donald Trump, who campaigned with a pro-crypto stance. Ethereum (ETH) also saw gains, climbing to $3,375.37 (+1.24%), while smaller altcoins like Dogecoin (+4.69%), Solana (+4.36%), and Cardano (+11.04%) outperformed Bitcoin. Dogecoin’s value has more than doubled in the past week alone.

It’s Not Just the Coins…
Crypto-linked stocks are also surging. Bitcoin-mining companies such as Hut 8 (-4.79%) and Marathon Digital (-3.01%), alongside trading platforms like Coinbase (-2.83%), have all spiked. Meanwhile, MicroStrategy, a software company with a heavy Bitcoin focus, just purchased over $2 billion worth of BTC, bringing its total holdings to $23 billion. Its shares have surged nearly 50% in the past week.

Trump’s Crypto Pivot
Trump has drastically changed his stance since calling Bitcoin "a scam against the dollar" in 2021. Over the summer, he headlined a crypto conference, promising to make the U.S. “the crypto capital of the planet.” His plans include establishing a “strategic national Bitcoin stockpile,” starting with the ~$18 billion worth of BTC already held by the U.S. government. He also vowed to fire SEC Chief Gary Gensler, who has led a crackdown on the crypto industry, and hinted at appointing pro-crypto regulators to key positions.

A Red Wave Fuels Green Crypto
Crypto organizations poured millions into electing what Coinbase called “the most pro-crypto Congress in history.” An estimated 253 pro-crypto politicians were elected to the House, along with 16 to the Senate, boosting optimism for favorable regulatory changes.

Riding the Crypto Wave
Crypto markets appear to be riding on optimism and investor sentiment. Many hope Trump’s second term will bring looser regulations and increased institutional crypto adoption. However, there’s significant debate over whether Trump’s ambitious promises will be implemented—and how they’ll impact the crypto landscape.

Presented by Gray Scale

The Bitcoin Mini from Grayscale

No crypto wallet? No problem.

Bit by bit… Diversify your portfolio with Bitcoin exposure, wherever you invest. Grayscale’s Bitcoin Mini Trust ETF (ticker: BTC) is one of the most affordable1 ways to gain exposure to Bitcoin through your existing brokerage account (though brokerage fees may still apply). That’s right — you don’t need a separate crypto wallet like you would to hold actual Bitcoin. You can invest in BTC the same way as any ETF.

For the crypto-curious… Grayscale is a great place to start. They’ve been offering exposure to crypto through familiar investment vehicles for over a decade. Today, they offer a suite of over 20 different funds covering Solana, Filecoin, Chainlink, and others for investors to choose from.

Type BTC on your preferred investment platform to check out the Bitcoin Mini from Grayscale. Think crypto, invest Grayscale.2

Grayscale Bitcoin Mini Trust ETF ("BTC"), an exchange traded product, is not registered under the Investment Company Act of 1940 (or the ’40 Act) and therefore is not subject to the same regulations and protections as 1940 Act registered ETFs and mutual funds.

Just Ahead:

Guarded Optimism: Nvidia is gearing up to report its earnings on Wednesday, riding high on the AI boom. The stock has more than tripled this year, with the company continuing to show impressive growth in the AI chip market. Back in August, Nvidia reported that both its sales and profits had more than doubled year-over-year. However, the stock took a hit after growth wasn’t as explosive as in previous quarters, making for a tough comparison. With the bar set high and competition from rivals like AMD intensifying, investors are hoping Nvidia can maintain its momentum.

The Battle for Box Office Glory: Theater owners are crossing their fingers for a strong response this Friday when both Wicked and Gladiator 2 hit theaters, alongside the highly anticipated Moana 2 on the horizon. AMC’s CEO is optimistic that November could signal a fresh chapter for Hollywood’s recovery. Despite last year’s Barbenheimer phenomenon, the box office still hasn’t reached pre-pandemic levels, with lingering effects from shutdowns, delays, and flops. On the upside, Cinemark, the third-largest theater chain in the U.S., has shown signs of life, reporting record sales in Q3, boosted by higher ticket prices and premium concessions.

Quick Signals
  • Live Nation (LYV $129.50, -1.14%) reported a decline in quarterly sales and profits but noted a rising demand for concerts.
  • FTX filed a lawsuit against Binance and its former CEO, alleging $1.8 billion was "fraudulently transferred" from FTX by its executives to Binance.
  • China announced a $1.4 trillion debt stimulus package in a bid to revive its economy, which continues to face challenges from the pandemic recovery.
  • X unveiled free access to its generative AI chatbot, Grok (developed by Elon Musk’s xAI), for select users, hinting at plans to extend availability to non-paying users.
  • EV startups Rivian (RIVN $13.34, -1.91%) and Lucid (LCID $3.01, -3.97%) faced challenges last quarter, with Rivian lowering its annual earnings forecast and Lucid reporting a wider loss.
  • Presented by Mode Mobile

    Mode Mobile cell phone in pink convertible

    Could this company become the Uber of smartphones?

    Marc Cuban turned down the chance to invest in Uber at basement prices before the company’s IPO.

    And by the time the rest of us hear about industry-changing disruptions like these, it's usually too late... but right now there’s a tech-startup making waves behind the scenes. Like Uber turned vehicles into income-generating assets, they’re turning smartphones into an easy passive income source — already making over $325M for their customers!

    And this time, you have a chance to invest5 in their pre-IPO offering2 at just $0.26/share.3

    Advertiser's disclosures:

    ¹ The rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.

    ² Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.

    ³ December 23, 2024 will be the last day to invest and be considered a shareholder in 2024. Any investments made after this date will only be considered shareholders starting in 2025.

    Please read the offering circular and related risk at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.

    Past performance is no guarantee of future results. Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities.
    DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck.

    Thank you! Your submission has been received!
    Oops! Something went wrong while submitting the form.
    Finance
    Verizon Shares Take a Hit After Q1 Sales Warning
    March 13, 2025
    Finance
    Kohl's Shares Plunge After Dividend Cut and Weak Sales Outlook
    March 14, 2025
    Finance
    Private Credit-Fueled Companies Take a Hit While Public Credit Markets Remain Calm
    March 14, 2025
    Finance
    Delta Takes a Major Hit After Slashing Q1 Outlook
    March 14, 2025
    Politics
    SoFi Faces Major Setback, Marking Worst Drop in a Year
    March 13, 2025
    Politics
    Palantir and Trump Trades Face a Rough Downturn
    March 13, 2025
    Technology
    Eutelsat: The French Satellite Company Getting the "GameStop" Treatment Amid Starlink Concerns
    March 13, 2025
    Health
    Novo Nordisk Faces Setback with CagriSema Trial Results
    March 11, 2025
    Politics
    The Shift from "TINA" to "Anything But the USA" in Global Markets
    March 11, 2025
    Finance
    Retail Sector Faces Uncertainty Amid Strong Holiday Results
    March 11, 2025
    Finance
    Bank of America Raises Broadcom Price Target Amid Growing Hyperscaler Customer Base
    March 11, 2025
    Politics
    Nasdaq Hits Correction Territory: A Look Back at History and What's Ahead
    March 8, 2025