Crypto

March 7, 2024

BlackRock’s BTC ETF Eats GBTC’s Lunch And Steals Its Homework

BlackRock’s spot $BTC ETF, IBIT, just casually gained a cool $788 million in a single day. 🪨

While the rest of us debated whether to splurge on $SHIB or $FLOKI, $IBIT was busy breaking records. With a casual $12.2 trillion in its war chest, the world’s heavyweight asset manager, BlackRock, has decided Bitcoin is the new black.

Meanwhile, Grayscale’s $GBTC is watching its throne get snatched, bleeding out $10 billion until IBIT swept in, Cinderella-style, taking the crown and the entire kingdom by storm, slippers, pumpkin carriage, and all. 👠

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Crypto

March 6, 2024

Seriously, SHIB People, Are You Ok?

Look at the 1-minute chart below from yesterday’s intraday price action on $SHIB. 🤯

It was one of the craziest swings of all the major market cap memecoins by far, just an insane move. And how did the Stocktwits SHIB stream react? Like you’d expect any high class degen to react: Unf*cking fazed.

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Crypto

March 5, 2024

Technically Speaking – March 5, 2024

Well, like I said, this isn’t a fun Litepaper. Instead of finding wen-Moon or wen-Lambo, we will be looking for wen-bottom. 💔

I’ll keep it short and sweet, quickly identifying where analysts and traders see strong support levels ahead.

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Uncategorized

March 8, 2024

Bitcoin Allocations Matched With Gold?

Will Bitcoin ever match the gold in investors’ portfolios? 🏅

JP Morgan ($JPM) thinks that for Bitcoin to rub shoulders and match the allocation of gold in investor portfolios, its market cap would need to skyrocket to $3.3 trillion.

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Crypto

March 5, 2024

Bitcoin Hits New All-Time High Then Someone Punched It In The Face

I’m a crypto fanatic. I am constantly observing and looking at what’s going on, and like many of you, the past couple of days, I’ve been glued to my screen or phone waiting for the news when Bitcoin hit a new all-time high. 👀

And now I need your help. Because I need someone to figure out the odds of someone like me, MISSING THE GODDAMN EVENT BECAUSE OF A DR’S APPOINTMENT.

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Crypto

March 8, 2024

Technically Speaking – March 8, 2024

I’ll keep the details short and simple here because time is running out, and if I’m not done on time for pizza night with the kids, my wife will be very mad. 🍕

I almost wrote she’d kill me, but if I did that, there’d probably be a SWAT team and an army of social workers making sure I’m ok.

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Crypto

March 7, 2024

BlockFi Customers Rejoice!

BlockFi’s customers might finally feature a financial comeback, thanks to a deal with FTX and Alameda Research. 😍

How much? Up to $874 million, contingent on court approval. This settlement could be the lifeline for customers left adrift after the 2022 crypto upheaval.

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Crypto

March 4, 2024

Frogs, And Dogs, And BONKs Oh My

Memecoin madness is back, and it’s like deja vu. All over again, like deja vu. 🐶

According to the fine folks at Santiment, the spotlight’s on $PEPE, $FLOKI, $BONK, and a few others, all of which have decided to moon together. Price surges of over 500% and trading volumes that skyrocketed nearly 3,000%? Just another crypto memecoin insane bull run

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