What this crypto CEO told his kids

Plus: TradFi giant considers digital asset trading

GM. Pull up a chair at the crypto orchard – the Daily Squeeze is squeezing out the pulp so you can sip the juice.

✊ Fred Thiel shares his BTC philosophy.

💼 Morgan Stanley might add crypto trading to its E-Trade platform.

🍋 News drops: a California man sues three Asian banks, X Money might be on its way + more

🍍 Market flavor today

Another day, another reason to check your portfolio 147 times…

The Fear and Greed Index secured its spot in Greed at 74, and Bitcoin got super close to $98K yesterday.

Bravos Research pointed out that Bitcoin ETFs reached $100B in assets under management (AUM). Translation? Institutional demand is real.

This + hopes for friendlier crypto laws in the US has launched BTC past its previous peak of $70K, with a massive 40% gain in under 50 days.

Sounds familiar? Well, yeah – BTC loves breaking records and then sprinting like it’s late for a party:

Now, some are wondering, “Could we hit a similar 200% jump in the next 100 days?” Maybe, but here’s the thing – BTC tends to follow this pattern:

Crazy, parabolic run-up;

The inevitable bubble burst;

A period of sideways trading before another big climb starts.

Right now, we’re in the middle of stage 1, and nobody really knows how far it’ll go or when it’ll fall.

And Bravos pointed out a possible red flag: a “head and shoulders” pattern, which might mean we’re nearing a short-term peak. Plus, with the stock market cooling off, Bitcoin could follow suit.

So, a drop is definitely on the table – but hey, this could be the perfect opportunity to buy the dip 🤑

🥝 Memecoin harvest

From “haha, funny coin” to “damn, that’s rent money” – these memecoins had a serious glow-up (no plastic surgeries involved) 🌟

Name

24H Change

Hive AI BUZZ

▲11K%

SAIOS SAI

▲269%

Sandy Codex SANDY

▲184%

aether collective AETHER

▲180%

Data as of 10:35 AM EST.

Take a look at these memecoins and more here.

Okay. New year, new me. It’s finally time to upgrade from pre-rich to just rich. How tho’? Lemme think…

Step 1. Invest in crypto.

Step 2. ?????

Step 3. Profit.

Ok, now what’s Step 2? Well, Fred Thiel, the CEO of BTC miner MARA Holdings, says it can be skipped altogether.

The advice he gave his kids? Get Bitcoin and forget. Btw, imagine your dad telling you to HODL instead of clean your room. Goals.

Why’s Thiel so chill about it? Because BTC has only dipped hard three times in 14 years. Most years, it’s climbing up between 29% and 50%.

And with institutional FOMO + talk of better policies in the US, 2025 could be yet another year BTC flexes on us.

So, maybe that Step 2 could actually be… whatever you’d do if you weren’t stressing about Step 2? Maybe even this 👇?..

🤔 Speaking of institutional FOMO…

Insiders reported that Morgan Stanley, one of the world’s biggest asset managers, is planning to add crypto trading to its E-Trade platform.

Why? Simple answer: expectations of a better regulatory environment under Trump.

Right now, E-Trade only offers indirect exposure to crypto through things like ETFs and futures. Adding direct trading would not only expand its offerings but position it as one of the first major mainstream platforms to fully embrace digital assets.

And why’s that a big deal for crypto?

More credibility;

Big money + institutional trust;

Faster mainstream adoption;

Other TradFi players might follow suit.

Oh, and it’d be one more argument for why crypto isn’t just a tech nerd thing…

🍋 News drops

🏦 A California man is suing three Asian banks, claiming they failed to flag transfers that let scammers steal nearly $1M. He says he was duped in a pig butchering scam, and the funds were routed through Hong Kong and Singapore banks.

💸 A leaked snippet of code from X has people saying that X Money, the platform’s rumored payment system, might be launching soon. So far, X has got money transmitter licenses in 39 states.

🐛 Speaking of, an audited smart contract bug led Virtuals Protocol to relaunch its bug bounty program. Security researcher Jinu reported the flaw and was promised a bounty after review.

⚖️ Terraform Labs co-founder Do Kwon made his first appearance in a US court and pleaded not guilty to the charges against him. Oh, and he was hit with an extra charge – money laundering conspiracy – right after his extradition from Montenegro.