Jamie Coutts, a leading digital asset strategist at Real Vision, believes that the crypto market’s bullish momentum is far from reaching its peak.
He points to a key indicator—global money supply (M2)—which has historically aligned with crypto price trends, suggesting further rallies ahead.
Sharing his insights with followers on X, Coutts explains that rising liquidity fuels asset growth, while increased blockchain activity supports valuation.
By comparing global liquidity levels with active crypto addresses, he emphasizes that crypto serves as both a high-risk liquidity asset and a long-term growth opportunity.
His analysis indicates that global liquidity is on an upward trajectory, nearing last year’s peak. A weaker dollar and potential central bank interventions could further push it higher, reinforcing bullish conditions.
Additionally, Coutts predicts that more governments will increase their Bitcoin holdings in 2024. He highlights that sovereign wealth funds, especially in countries with domestic Bitcoin mining operations, have likely been quietly accumulating BTC for over a year— a trend he expects to accelerate.
California is pushing forward a legislative plan that could redefine how the state handles inactive crypto holdings.
Circle, the company behind the USDC stablecoin, has raised more than $1.1 billion in a highly anticipated IPO, outperforming its earlier fundraising targets.
Steve Eisman, the famed investor known for forecasting the 2008 housing collapse, is sounding the alarm—not on overvalued tech stocks or interest rates, but on the escalating risk of global trade disputes.
Kevin Hassett, head of the National Economic Council in Trump’s second term, has revealed a multi-million-dollar investment in crypto exchange Coinbase—prompting concerns over potential conflicts of interest in Washington.