Bitcoin Market Capitalization

Bitcoin Market Capitalization ( of mined coins) is now greater than Travelers Corp, SPDR Gold ETF, Caterpillar, DuPont and American Express. Next on the list is Goldman, Nike, United Technologies, and 3M. For informational purposes only. Not a recommendation to buy or sell Bitcoin.See our website for our recent regulatory disclaimer: https://cenaclecapital.com/about-cenacle/disclaimer/ Cenacle does have positions in Bitcoin, Ethereum, and other...

Bitcoin Investment Quilt

Unless otherwise stated, the returns for indexes, ETFs, futures, and stocks do not reflect dividends and are based on the last sale for the date requested. Returns for mutual funds do account for distributions. Performance data does not include all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. Performance information presented prior to an ETFs inception date is based on the performance of the Fund’s underlying index and may include backtesting. The numbers do not include dividends or transaction costs, as they reflect the performance of indexes that are not available for direct...

Bitcoin & The Future of Philanthropy

On July 11th, I presented for 90 minutes to the Philanthropy Group- Chicago on Bitcoin & The Future of Philanthropy. I would like to thank Rich Gage and Gus Wilhelmy for inviting me to speak on a topic I’m very passionate about. Digital currencies like Bitcoin and Ethereum will innovate and disrupt non profits and private foundations by; Reducing bank expenses and payment friction Providing complete transparency in accounting books and records Expanding base and adding tens or hundreds of thousands of real time donors Increasing trust by offering real time monitoring of restricted & non-restricted funds Capturing micro-impulse donations for specific exhibits Improving goodwill during gala events where time & opportunity is restricted Providing micro donations throughout the year instead of November -January crush I’m excited to report that after a meeting with Monica Metzler, the Director of the Illinois Science Council, a not-for-profit corporation, is now accepting Bitcoin! http://www.illinoisscience.org/about/get-involved/ For a copy of our PDF presentation or to request Bill Ulivieri to speak at your event, please go to the “Contact Us”...

Bitcoin Market Cap Comparison

If Bitcoin were to grow to the same level of market capitalization as some of the largest US Companies, it would be trading at the following prices found at the end of each data bar. The formula we used was simple. Current market capitalization / number of bitcoins in circulation. ( click to enlarge image) For informational purposes only. Not a recommendation to buy or sell Bitcoin. See our website for our recent regulatory disclaimer: https://cenaclecapital.com/about-cenacle/disclaimer/   Cenacle does have positions in Bitcoin, Ethereum, and other...