DiscoverOpto Sessions – Invest in the Next Big IdeaMichael Venuto - Bitcoin Halving 2024: Will It Spark the Next Bull Run?
Michael Venuto - Bitcoin Halving 2024: Will It Spark the Next Bull Run?

Michael Venuto - Bitcoin Halving 2024: Will It Spark the Next Bull Run?

Update: 2023-09-28
Share

Description

Get Opto’s best content every day by subscribing to our FREE Newsletter: www.cmcmarkets.com/en/opto/newsletter

Today, we have the pleasure of welcoming Michael Venuto, CIO and Co-Founder of the Tidal Financial Group & Portfolio Manager of the Amplify Transformational Data Sharing ETF [BLOK], back to the show. 

 In this episode, Michael explores the potential impact of the 2024 Bitcoin halving on the cryptocurrency market, sharing insights on whether it will spark the next bull run or fall short of expectations. Michael also discusses why he thinks bitcoin stands as a hedge against hyperinflation, the potential impact of Coinbase’s custodianship of BlackRock’s spot bitcoin ETF, and the powerful intersection between blockchain and AI. Wrapping up, Micheal addresses the correlation between Bitcoin’s price and crypto miners, explaining why he views them as ‘a leveraged play.’ Michael mentions companies like MicroStrategy, Marathon Digital, and Riot Platforms, highlighting the distinguishing factors that set the top miners apart from the competition.

Before Tidal, Michael was Head of Investments at Global X, providing portfolio optimisation services to institutional clients. Before that, Michael was Senior Vice President at Horizon Kinetics, a New York-based investment adviser. Enjoy!

Listen to our previous episode featuring Michael:

Apple Podcasts

Spotify

------------------

Past performance is not a reliable indicator of future results.

CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment, or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction, or investment strategy is suitable for any specific person.

The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.

CMC Markets does not endorse or offer opinions on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.

Comments 
loading
In Channel
loading
Download from Google Play
Download from App Store
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Michael Venuto - Bitcoin Halving 2024: Will It Spark the Next Bull Run?

Michael Venuto - Bitcoin Halving 2024: Will It Spark the Next Bull Run?

Haydn Brain & Ed Gotham