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🔔 MARKET MOVING NEWS! (16/03/24)
1️⃣ Gold Investors Aren't Switching Into Bitcoin, JPMorgan Says 💸
According to a recent JPMorgan research report, institutional investors and individuals have been buying both gold and bitcoin (BTC) this year and not switching between the two. The bank’s report disagreed with the recent theory about how outflows from gold exchange-traded funds (ETFs) and a surge in bitcoin ETF inflows raised the possibility that investors were shifting from the precious metal into the cryptocurrency.
The report stated,
Private investors and individuals have propagated both gold and bitcoin year-to-date rather than shifting from the former to the latter […] Beyond retail investors, speculative institutional investors such as hedge funds including momentum traders such as CTAs appear to have also propagated the rally by buying both gold and bitcoin futures since February, perhaps more heavily than retail investors.
Bankman-Fried is deserving of a severe sanction, proportionate to his role in this historic fraud. The government urges the court to impose a sentence that underscores the remarkably serious nature of the harm to thousands of victims; prevents the defendant from ever again committing fraud; and sends a powerful signal to others who might be tempted to engage in financial misconduct that the consequences will be severe.
The only thing that CryptoFX guaranteed was a trail of thousands upon thousands of victims stretching across 10 states and two foreign countries. A scheme of that size requires lots of participants, and as today's action demonstrates, we will pursue charges against not just the principal architects of these massive schemes, but all those who further their fraud by unlawfully soliciting victims.
🔔 MARKET MOVING NEWS! (14/03/24)
1️⃣ Ethereum Finalises 'Dencun' Upgrade, in Landmark Move to Reduce Data Fees ☄️
Ethereum’s much-anticipated Dencun upgrade went live on Wednesday morning. The upgrade was triggered at Ethereum epoch 269,568 at 13:55 UTC (9:55 a.m. ET), and finalised at 14:10 UTC.
Notably, the upgrade will enable "blobs" - a new place for storing data on the blockchain that is expected to significantly reduce the transaction fees of layer-2 networks and enhance Ethereum’s overall scalability. While layer-2 network Starknet confirmed that it had started submitting data blobs, it will take about a month or two for settlement contracts across all layer-2 networks to incorporate the update.
Source
2️⃣ Ethereum Layer-2 Blast Suffers Outage as Dencun Upgrade Goes Live 🧐
The recently launched layer-2 blockchain Blast stopped producing blocks following the launch of the Dencun upgrade to the Ethereum mainnet. Blocks stopped being produced at 14:05 UTC, correlating with the time the Dencun upgrade took place. The team fixed the issue at 15:09 UTC and stated that a full analysis would be shared "shortly."
Source
3️⃣ MicroStrategy Seeks $500 Million To Buy More Bitcoin 💸
MicroStrategy and its executive chairman Michael Saylor have reportedly launched a new proposed offering of $500 million of convertible notes “to acquire additional Bitcoin.”
Notably, MicroStrategy just completed a $800 million senior convertible note offering earlier this week. The latest offering brings it to a total of $1.3 billion worth of offerings in the last two weeks. Interestingly, MicroStrategy is only 5,000 BTC away from holding at least 1% of Bitcoin’s theoretical maximum supply. Based on current prices, the $500 million could buy 6,850 Bitcoin.
Source
4️⃣ South Africa Set to License 60 Crypto Platforms by Month-End ⚡️
According to a Bloomberg report, South Africa's financial regulator will license about 60 cryptocurrency platforms by the end of the month. The regulator has reportedly received applications from 300 firms since its new framework commenced last year.
Notably, the regulator opted not to develop a separate framework for crypto operators and instead oversee them under the existing Financial Advisory and Intermediary Services Act (FAIS). This will allow consumers to have recourse and protections against crypto exchange operators, with the regulator being able to take enforcement action if an operator breaches any of the act’s requirements.
Source
5️⃣ Australian Court Dismisses Lawsuit by Market Regulator Against Finder in 'Landmark' Ruling for Crypto Industry ‼️
An Australian Federal Court has reportedly dismissed a case brought on by Australia’s market regulator against Finder Wallet in Dec. 2022. Notably, the regulator had accused Finder Wallet of violating the Corporations Act through its offering of the ‘Finder Earn’ product which was allegedly a debenture. The regulator accused Finder of carrying on a financial services business without holding an Australian Financial Services Licence (AFSL).
However, the court ruled that the Australian Securities and Investment Commission (ASIC) did “not establish that the Finder Earn product is a debenture” and ordered it to pay the defendant’s costs. Blockchain Australia Chair and Digital Assets Lawyer Michael Bacina called it a “landmark case” which highlights “how important it is for policymakers and regulators to work with industry to provide real guidance and clarity to avoid the wasted time and costs inherent in regulation by enforcement.”
Source
https://www.youtube.com/watch?v=q2cT_jMup_w
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🔔 MARKET MOVING NEWS! (13/03/24)
1️⃣ Bitcoin Fog Founder Convicted of Money Laundering 🥶
Roman Sterlingov, a dual Russian-Swiss citizen accused of being the founder of the crypto-mixing service Bitcoin Fog, was convicted by a federal jury in Washington on Tuesday on four charges related to money laundering. However, Sterlingov argued throughout the trial that he was only a user of the service and not its operator. His attorney, Tok Ekeland said in a March 12 X post that his team will appeal the verdict. Sterlingov’s sentencing date has been set for July 15. He faces up to 20 years in prison on the most serious charge.
Source
2️⃣ Solana NFT Marketplace Tensor Issuing TNSR Governance Token 📈
Solana NFT marketplace Tensor has announced that it will issue a governance token with the ticker ‘TNSR.’ While it did not confirm whether there will be an airdrop of the token, the Tensor Foundation said more details about the token's release will come "soon.”
The tweet reads,
NFTs today are a niche community on the fringes of the web. NFTs tomorrow will power products, businesses and entire industries. NFT traders will go from thousands — to billions […] To date, Tensor protocols have traded over $2 billion worth of Solana NFTs. In the last 90 days they facilitated over 70% of Solana’s NFT trading volume (wash trading removed).
There is no fee disclosed yet or what % of $GBTC will spin off but pretty sure this will be a non-taxable event for a chunk of those shares to get into a cheaper and cost-competitive product.
The Valkyrie acquisition is yet another step in our growth strategy with a special focus this time in the U.S. This acquisition brings an additional $530 million AUM to CoinShares, which makes it a top-line contributor from day one. More importantly, it broadens our product offerings, strengthens our innovation capacity, and increases by a factor of 15 our total addressable market.
🔔 MARKET MOVING NEWS! (12/03/24)
1️⃣ Trump Now Says He Has 'Fun' With Bitcoin and 'Crazy New Currencies' 👀
In a recently released interview with CNBC, former United States President Donald Trump indicated his administration would take a possibly positive position on cryptocurrency if he were to be elected to the White House again. Notably, he called it an "additional form of currency." While he clarified that he has not bought Bitcoin, he “sometimes” lets people “pay through Bitcoin.”
Trump also stated,
I make money with it, I have fun with it too. Crazy new currencies, that’s what I call them. They’re crazy new currencies, whether it’s Bitcoin or others. People are using [them].
The integration of Tether USDT on the Celo platform, which is built for the real world, will represent a significant step forward in our mission. By leveraging the unique capabilities of Celo, we can further enhance the usability and accessibility of Tether for millions of people.
We plan to utilize Avalanche's subnet to maximize the unique characteristics of blockchain-based games, such as transparency and reliability. For example, [MapleStory N] is being designed so that when game items are modified through enhancement related data can be stored on the subnet.
https://www.youtube.com/watch?v=TZJGYi0yN_I
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🔔 MARKET MOVING NEWS! (11/03/24)
1️⃣ Arbitrum DAO Removes Proposal To Fund Tornado Cash Devs’ Legal Bills 👀
The Arbitrum DAO has reportedly removed a proposal that sought to allocate nearly $1.3 million worth of ARB tokens from the community wallet in support of Roman Storm and Alexey Pertsev, the developers of the crypto mixer Tornado Cash. Notably, an Arbitrum DAO spokesperson stated that the proposal was deleted at the author’s request. However, the reasons underlying this removal remain unclear.
Source
2️⃣ Large Corporations, Major Wirehouses Gearing Up To Buy Bitcoin: Bitwise 💸
In a March 9 investment memo sent out to investors, Bitwise chief investment officer Matt Hougan revealed that Bitwise was involved in “serious due diligence” discussions with large corporations, major wirehouses and institutional consultants looking to increase their exposure to Bitcoin in the coming months. Notably, Hougan stated that he expects inflows into the ten approved spot Bitcoin ETF products to accelerate further by the end of Q2 this year.
Source
3️⃣ South Korea Plans Crypto Management System Against Tax Evasion: Report 🤔
According to local media reports, South Korea’s National Tax Service plans to build a virtual asset management system to prevent users from using virtual assets to evade taxes. The agency has selected GTIC as the lead firm to build the system as part of a preliminary consultation. The virtual asset management system, which is scheduled to launch in 2025, will effectively analyse and manage the information collected through the mandatory submission of the user’s virtual asset transaction history.
Source
4️⃣ DeFi Protocol Unizen to Provide ‘Immediate Reimbursement’ After $2.1M Hack 🔍
On March 9th, blockchain analytics firm PeckShield flagged an “approve issue” with the DeFi platform Unizen and asked users to revoke the approvals from the trade aggregator. However, over $2.1 million in user funds had already been drained from the platform. Unizen has responded by announcing that it will reimburse users who lost 750,000 or less “as soon as humanly possible.” It also sent an on-chain message to the hacker, offering a 20% bounty in exchange for returning the remaining stolen funds. The protocol also stated that it was working with law enforcement and forensic experts to determine the hacker’s identity.
Source
5️⃣ Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors ⚡️
Indian crypto investment platform Mudrex is reportedly planning to offer U.S. spot bitcoin ETFs to institutional and retail investors in India. Mudrex announced that it will list four spot ETFs – BlackRock, Fidelity, Franklin Templeton and Vanguard, in the first phase.
Notably, Mudrex is backed by Y-Combinator and based in California. It has a subsidiary registered with the Intelligence Unit of India and also has a toehold in the European Union, with licenses in Lithuania and Italy. The firm will reportedly ensure the processing of the actual transaction through broker partners in the U.S., while the Indian subsidiary will facilitate the spot-bitcoin ETF service.
Edul Patel, the CEO and co-founder of Mudrex stated,
The bitcoin spot ETF works as a security and Indians are allowed to purchase securities under the Liberalised Remittance Scheme (LRS) and, as a result, users or institutions specifically, who do want to get access to bitcoin can now start using the bitcoins through ETFs to diversify their portfolio.
https://youtu.be/hvTp4Cth77E?feature=shared
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🔔 MARKET MOVING NEWS! (10/03/24)
1️⃣ MakerDAO Implements Temporary Fee Adjustments Amid Market Volatility ⚡️
MakerDAO has reportedly passed a new Executive Vote to introduce temporary fee adjustments to strengthen the protocol due to heightened market volatility and bullish sentiment. Notably, the adjustments include raising the stability fees on different collateral assets registered on the platform from 15% to 17.25%. It also plans to increase the SparkLend DAI Borrow APY from the current 6.7% to 16%.
The proposal states,
Liquid stablecoin reserves and reserves deployed to RWAs are more than sufficient to sustain the increasing pressure generated by the potential bullish market sentiment. The issue lies in the liquidity crunch inherent in the exposure toward stablecoins deployed through RWAs.
Bitcoin price rise leads to increased mining and greater energy use, driving up the cost of energy, causing inflation to rise and the dollar to decline, driving demand for Bitcoin and increased mining, driving demand for energy and the cycle continues. Bitcoin goes to infinity, energy prices skyrocket, and the economy collapses. Maybe I should buy some Bitcoin. The problem of course is that it also works in reverse.
🔔 MARKET MOVING NEWS! (09/03/24)
1️⃣ Wyoming Passes Law Granting DAOs Legal Status ⚡️
Wyoming Governor Mark Gordon has reportedly signed a bill into law establishing a legal framework for the formation and management of DAOs.
Notably, the new framework allows DAOs to register as a ‘Decentralized Unincorporated Nonprofit Association’ (DUNA). A DUNA registration will enable DAOs to engage in legal contracts with other entities and also provide legal protection to individual DAO members. The bill was sponsored by the legislature’s Select Committee on Blockchain, Financial Technology and Digital Innovation Technology.
Source
2️⃣ Appeals Court Revives Aspiring Class Action Lawsuit Against Binance ▶️
The Second Circuit Court of Appeals has reportedly reversed a lower court ruling which dismissed a case filed by a group of investors looking to sue crypto exchange Binance, former CEO Changpeng Zhao and other executives.
The lower court dismissed the lawsuit on the grounds that the plaintiffs had filed the lawsuit after the statute of limitations expired. It also stated that Binance was not a domestic exchange and did not have strong enough ties within the U.S. to meet the standards of federal securities laws. However, the appeals court’s reversal of this ruling was made on the grounds that the plaintiffs had "plausibly alleged" that transactions involving the assets in question were finalised on servers within the U.S. and that they had accessed Binance from the U.S.
Source
3️⃣ Stablecoin Project Ethena Labs Bags $4M for USDe Treasury 📈
Stablecoin project Ethena Labs has reportedly managed to accumulate over $4 million in revenue for its treasury less than two weeks after going live. Notably, the earnings have catapulted Ethena to the third-largest revenue generator in the crypto market behind the Tron and Ethereum blockchains.
Source
4️⃣ Arbitrum DAO Votes On $1M Fund for Tornado Cash Devs' Legal Defense 🔍
On March 7, a pseudonymous delegate named ‘DK’ reportedly submitted a proposal which seeks to fund a “robust legal defense” for Tornado Cash developers Roman Storm and Alexey Pertsev, on the Arbitrum governance forum. The Arbitrum DAO is currently voting on this proposal. If approved, the community would donate up to 600,000 ARB tokens in the first year (worth nearly $1.3 million). In addition, the funds could be used for public relations and advocacy efforts promoting awareness around privacy-preserving technologies and legal burdens for developers.
Source
5️⃣ Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI 🥶
According to a new report by the Federal Bureau of Investigation (FBI), cryptocurrency-related investment fraud constituted the largest portion of investment losses within the U.S. last year. Specifically, losses from crypto-investment fraud totalled $3.94 billion in 2023. This is an increase of 53% compared to $2.57 billion in 2022. The FBI emphasized that victims are drawn into crypto scams enticed by the promise of significant returns on their investments. A common crypto scam people are reportedly falling victim to is romance scams.
Source
🔔 MARKET MOVING NEWS! (08/03/24)
1️⃣ Pantera Raising Funds to Buy Solana Holding From FTX ☄️
According to a Bloomberg report, crypto fund Pantera Capital is raising fresh capital from large investors to buy Solana tokens from the estate of the bankrupt FTX exchange.
Notably, Pantera sent marketing materials about the Pantera Solana Fund to prospective investors last month. The materials reveal that the Pantera Solana Fund has an “opportunity” to buy up to $250 million worth of SOL tokens from the FTX estate at 39% below a 30-day average price of $59.95. Additionally, investors must agree to a vesting period as long as four years.
Source
2️⃣ US to Contest Kwon Extradition to South Korea in Crypto Case ‼️
According to a Bloomberg report, United States Prosecutors will continue to seek extradition of former cryptocurrency mogul Do Kwon despite Montenegro’s High Court's recent ruling to hand him over to South Korea to face criminal charges over the collapse of Terra.
The U.S. Justice Department stated,
The United States continues to seek Kwon’s extradition in accordance with relevant international and bilateral agreements and Montenegrin law. The United States appreciates the cooperation of the Montenegrin authorities in ensuring that all individuals are subject to the rule of law.
While this seems to be an unorthodox move for a decentralized wallet suite, inaccessibility is a pressing issue plaguing crypto users that needs to be solved for better onboarding and adoption. This will be the first truly crypto-friendly banking experience for retail users that eliminates the excessive scrutiny and restriction of traditional banks, as the accounts created via the mobile wallet will support transfers to accounts in other banks under their name in a seamless and compliant manner.
https://www.youtube.com/watch?v=bfsDn0_gFBo
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🔔 MARKET MOVING NEWS! (07/03/24)
1️⃣ Bitcoin’s ‘Kimchi Premium’ Hits Two-Year High In South Korea 📈
According to data from CryptoQuant, the South Korean crypto market’s “Kimchi Premium” reached a 27-month high of 10.32% for BTC on Wednesday. The Kimchi Premium is a term used to refer to the price difference between crypto tokens in South Korea and elsewhere. Notably, due to a limited supply of crypto domestically, a surge in local demand often leads to a bigger price gap. The rise in the premium may indicate stronger buying pressure from South Korea’s retail investors.
Source
2️⃣ Spain Blocks Sam Altman’s Worldcoin ❌
The Spanish Agency for the Protection of Data (AEPD) has reportedly issued a temporary order banning Worldcoin from collecting and processing data in Spain for a period of three months. The regulator stated that it received several complaints about insufficient information, the collection of data from minors and that consent cannot be withdrawn, among other infringements.
Worldcoin responded to the allegations stating,
For months we have been engaged with Bavarian data protection authority (BayLDA), who are the lead supervisory authority under the GDPR for Worldcoin Foundation and Tools for Humanity. The Spanish data protection authority (AEPD) is circumventing EU law with their actions today, which are limited to Spain and not the broader EU, and spreading inaccurate and misleading claims about our technology globally. Our efforts to engage with the AEPD and provide them with an accurate view of Worldcoin and World ID have gone unanswered for months. We are grateful to now have the opportunity to help them better understand the important facts regarding this essential and lawful technology.
https://www.youtube.com/watch?v=1VaHFw8DgxU
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🔥 Rally Report 🔥
BOOK OF MEME
The price of BOME has rallied by 483% in the past 24 hours.
WHY?!
🎙Crypto exchange Binance announced plans to list BOME with the seed tag applied.
🕯 It also announced that it plans to launch a USD margin perpetual contract for the BOME token today by 12:30 (UTC), with up to 50x leverage.
If you want to buy or trade BOME, we have an exclusive trading fee discount of up to 60% on Kucoin 👇
📹 https://www.coinbureau.com/deals/trading/kucoin/
🔔 MARKET MOVING NEWS! (15/03/24)
1️⃣ El Salvador Moves $400 Million Worth Of Bitcoin Holdings To New 'Cold Wallet’ 💸
In a tweet posted earlier today, El Salvador President Nayib Bukele revealed that the country has moved a “big chunk” of its Bitcoin holdings to a cold wallet. Notably, Bukele wrote that the cold wallet setup represents the country’s “first Bitcoin piggy bank.” The screenshot posted alongside the tweet shows that the address received 5,689.69 BTC, worth roughly $406 million. This amount is nearly double the holdings previously known from public trackers of the country's bitcoin holdings, estimated at $200 million.
Source
2️⃣ Crypto’s Berachain Becomes Unicorn in $69 Million Funding Round 💰
Bear-themed layer-1 DeFi project Berachain has reportedly attained Unicorn status by raising $69 million at a $1.5B valuation in a funding round led by Brevan Howard Digital and Framework Ventures. The Cosmos-based, EVM-compatible project focuses on DeFi trading, lending and borrowing services with a tri-token system. Berachain is preparing to launch its mainnet, expected in the second quarter of this year.
Source
3️⃣ Top Crypto Exchange Binance Spins Off $10 Billion Venture Unit ‼️
According to a Bloomberg report, Binance Labs became an independent venture capital arm earlier this year after severing ties with crypto exchange Binance. A spokesperson stated that Binance Labs staff have separate contracts from those of exchange employees, similar to the setup at Binance-backed digital ledger BNB Chain. While it is no longer part of the Binance group, the venture capital affiliate will reportedly license the Binance brand. Binance Labs is led by Yi He, who co-founded Binance alongside Zhao. The independent VC fund’s portfolio is now reportedly worth over $10 billion, covering over 250 projects from over 25 countries, with an over 14x return on investment rate.
Source
4️⃣ Crypto Holders Favor Donald Trump for U.S. President: Poll 📊
According to a poll of 1,000 registered voters commissioned by leading crypto VC firm Paradigm, 48% of crypto owners plan to vote for Donald Trump compared to 39% who plan to vote for U.S. President Joe Biden. Notably, the poll was conducted nationally by Virginia-based Public Opinion Strategies between Feb. 28 and March 4.
Paradigm also noted,
Americans don’t trust either party when it comes to crypto. 49% of voters trust neither party on crypto, including 40% of Democrats and 30% of Republicans. […] Crypto holders make up a good percentage of the current voting bloc, and it’s time elected officials take notice.
🔥 Rally Report 🔥
DOGWIFHAT
The price of WIF has rallied by 44% in the past 24 hours.
WHY?!
📈 The rally comes after fans of the memecoin raised over $700,000 to advertise the token’s logo on the Las Vegas sphere. The crowdfunding effort called “Sphere Wif Hat” went live on March 10.
🔍 Notably, the campaign received support from several large players within the Solana ecosystem, including Solana-based wallet Phantom. The official social media account of the Phantom Wallet made several posts over the last three days encouraging further donations.
If you want to buy or trade WIF, we have an exclusive trading fee discount of up to 60% on Kucoin ⚡️
🔗 https://www.coinbureau.com/deals/trading/kucoin/
🚨 New Video Alert!! 🚨
Making money trading BTC boils down to knowing when to buy and when to sell. It sounds simple in theory, but it’s difficult in practice. Today, we give you the only lesson you need to trade BTC.
It consists of 5 easy steps which, if followed and practiced, can yield substantial returns. At the end of the video, we give you some extra tips to keep in mind to maximise your profits.
Even if you’re not into trading, learning this kind of analysis will go a long way in helping you with accumulating BTC or knowing when the best time is to convert to fiat. Enjoy!
🔥 Rally Report 🔥
TONCOIN
The price of TON has rallied by 21% in the past 24 hours.
WHY?!
🔍 The rally follows Telegram co-founder Pavel Durov’s statement that the messaging service is considering going for an initial public offering (IPO).
📈 Investors are also more bullish about TON due to the rising activity within the ecosystem. Notably, a meme project called Notcoin is expected to go for TGE within the coming weeks.
If you want to buy or trade TON, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔥 Rally Report 🔥
TONCOIN
The price of TON has rallied by 24% in the past 24 hours.
WHY?!
☄️ In a recent interview, Telegram co-founder Pavel Durov revealed that the messaging service is considering going for an initial public offering (IPO). Durov also stated that Telegram hopes to become profitable “next year, if not this year.”
🔍 TON investors are bullish as Telegram has recently pushed announcements indicating that its plans for monetisation closely involve the TON blockchain. Notably, the platform recently announced that Telegram Channel owners will receive a share of ad revenue as TON on the blockchain.
If you want to buy or trade TON, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
It’s Monday, and that means it’s time for another weekly review! With BTC hitting all time highs, it’s safe to say that there’s a lot to cover, starting with whether BTC will continue to rally.
After BTC the biggest question is ETH, which still seems to be struggling to catch up to BTC. With the Dencun upgrade expected in the coming days, it’s now or never for ETH to rally.
Meanwhile, NVIDIA’s stock seems to have started to fall, something that could foreshadow a broader market correction. In the absence of this correction, it looks like memecoins could keep rallying.
This is a weekly review you can’t miss!
🔥 Rally Report 🔥
THETA NETWORK
The price of THETA has rallied by 19% in the past 24 hours.
WHY?!
🎙 The rally follows Theta’s announcement about 3D rendering jobs being added in a new Edge Node upgrade over the upcoming weeks.
🔍 Investors are bullish as the upgrade will eventually help AI applications utilising 3D pipelines to process complex 3D visual effects for movies and animations, with the scalability and reliability required by the largest media companies.
If you want to buy or trade THETA, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
When it comes to the stock market, billionaires and politicians seem to have a habit of outperforming the plebs.
In recent months, we’ve seen billions of dollars worth of stocks being offloaded from the portfolios of the elite. What’s crazy is that, historically, these trades tend to signal a change of direction in the markets. The thing is, ordinary retail investors like you and me are the last to know the reasons why. By the time we find out, those perfect buying/selling points have already been and gone.
With the stock market hitting new highs, does this signal the top, or do we still have room to run? It’s a question that has many investors scratching their heads.
That’s why in today’s video, we’ll take an in-depth look at the recent trading activity of the mega-rich, as we look to answer one important question:
Do they know something that we don’t?
🔥 Rally Report 🔥
GALA
The price of GALA has rallied by 43% in the past 24 hours.
WHY?!
🎙 The rally follows Gala’s recent announcement about a hackathon it is hosting at the 2024 Game Developers Conference in partnership with gaming PC manufacturer Alienware and Amazon Web Services.
🔍 Legends Reborn, a strategic card game by Gala Games, also announced the launch of its game tomorrow. The price of GALA could also be driven by users accumulating the token to buy certain in-game assets.
If you want to buy or trade GALA, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔥 Rally Report 🔥
WORLDCOIN
The price of WLD has rallied by 45% in the past 24 hours.
WHY?!
📈 The rally most likely follows the recent announcement of OpenAI CEO Sam Altman rejoining the company's board of directors following the completion of an internal review of the circumstances surrounding his controversial removal in November 2023.
🔍 Another possible factor could be Worldcoin’s decision to pursue legal action against the Spanish government following its ban in the European nation.
If you want to buy or trade WLD, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔥 Rally Report 🔥
THORCHAIN
The price of RUNE has rallied by 28% in the past 24 hours.
WHY?!
📈 Thorchain's node upgrade completed yesterday. Following the upgrade, the protocol opened lending caps and burnt over 60M RUNE tokens.
⚡️ Notably, collateral is now being onboarded onto THORChain at a rate of $1m/hour. This is expected to result in Thorchain’s lending caps being filled in a week.
If you want to buy or trade RUNE, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Over the last few months we’ve been seen big narratives like AI and GameFi take cryptos to new all time highs. It seems that investors are finally realise that all these narratives will require infrastructure.
The most important infrastructure in this regard is decentralised storage and compute, a niche where Filecoin has reigned supreme. With FIL starting to rally, everyone is wondering where it’s headed next.
In today’s video, we give you a recap of what Filecoin is, tell you everything it’s been up do, provide an in-depth analysis of its price, and explain the challenges it could face until it hits those targets.
Enjoy!
🔥 Rally Report 🔥
NEAR PROTOCOL
The price of NEAR has rallied by 24% in the past 24 hours.
WHY?!
🤖 Part of a larger rally seen among AI and AI-associated coins.
🔍 Notably, Near founder Illia Polosukhin appears to be on the panel for a session on ‘Transforming AI’ in the upcoming Nvidia GTC conference on March 18th.
If you want to buy or trade NEAR, we have an exclusive $50K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
BTC has been rallying like crazy for almost a year and hit a new all time high yesterday. This has everyone wondering what’s going on in the crypto market and what comes next for BTC and alts.
Today we give you the most comprehensive answer you will find. That’s because we drill down into all the different players in the crypto market and how they’ve been impacting crypto prices.
We also examine all the aspects of the current rally that are different than what happened in previous crypto cycles, including one critical factor that seems to be confusing even experienced crypto traders.
This is a video you cannot miss!