Little Fish

My name is Oliver Camargo, the founder of Little Fish, the first crypto investment fund in Texas. We are the beginning of a digital revolution and I invite you to join us.

Ethereum is continuing to play second fiddle to Bitcoin in price action, however, historically that tends to reverse in the third year in a row of crypto’s rise, translation: it is expected to happen this year. Patience.

For all West Texans wanting to learn more about Bitcoin, we encourage you to use this opportunity to do so by attending the Midland Bitcoin meetup. Each month Paul Cockerham and Michael Santaniello do a great job of helping beginners and advance Bitcoiners learn about Bitcoin, the latest in the industry and bring in top tier speakers to share more details on a specific area of the Bitcoin industry. Details below.

President elect Donald Trump continues to speak publicly about his support for crypto in the United States.

The Bitcoin ETF, $IBIT, has officially surpassed $50 BILLION in assets under management for the first time. It took just 228 days to reach this threshold, more than 5 TIMES faster than any other ETF in history. To put this into perspective, for the gold ETF, $GLD, it took ~5.5 years to achieve $50 billion in AUM. Never financial advice. Always do your own research.

BREAKING: President elect Trump plans to nominate Paul Atkins as SEC chair. Such a nomination would be a crypto-friendly move. More to come...

Bitcoin’s Relative Strength versus the rest of the Crypto market hit a ceiling less than two weeks ago. Bitcoin's dominance % had been rising aggressively since the fall of 2022, which was also when Bitcoin's price reached this cycle’s low. The Bitcoin Dominance chart shows Bitcoin's current market capitalization represents 55% of the total crypto market capitalization, recently reversing from ~62% less than two weeks ago (see blue arrows). This reflects the large share of funds were entering Bitcoin for two years, however, as recently as two weeks ago, a reversal occurred. The reversal after two years reflects non-Bitcoin crypto has been receiving a larger amount of funds. This is normal behavior and is an indicator we had been sharing and expecting recently. While many get very hyped up about Bitcoin being the King, and it is, the truth is history demonstrates that non-Bitcoin crypto has very aggressive runs, at the expense of Bitcoin. Not financial advice. Do your own research.

"Ethereum is coming" was our exact post yesterday. Looks like Wall Street agrees, nice to see them catch up....see the receipts https://lnkd.in/e_jvJPiB?

Bitcoin was fun…. Not financial advice. Do your own research.