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The “Boring” Reason Bitcoin Is Up 10% This Week
Taking the Handcuffs Off Bitcoin
The “Boring” Reason Bitcoin Is Up 10% This Week
Sometimes, the most exciting moneymaking ideas are never where you expect them.
They’re not in the headlines. Not on CNBC. Not shouted from the rooftops.
No. The real catalysts – the ones that move billions of dollars – are often buried inside the most boring, dry, technical documents you’ve ever seen.
On January 23 of this year, I told you about one of them. It was the repeal of a mind-numbingly dull rule called Special Accounting Bulletin 121 (SAB 121).
It didn’t make the evening news. There were no flashy headlines. Most people ignored it.
But that one “mundane” change quietly opened the floodgates for banks to hold bitcoin. It was so bullish, it lit a fire under the asset. Bitcoin more than doubled on the back of it.
Yet because it looked boring on paper, the market largely missed it. And here’s why I’m telling you this today…
Another snooze-inducing rule change just rolled out. If you’re not paying attention, you’ll sleep right through the kind of opportunity that can change your financial life.
Before I get to it, let me rewind the tape for a second…
Taking the Handcuffs Off Bitcoin