Weekly Rundown - January 28, 2024

Less than usual

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Before diving into today's topic, I'd like to remind you of something important:

👉For the next four days, you can grab my exclusive report, "Three Ways to Prepare for Bitcoin's Halving," for absolutely FREE by upgrading your subscription.

This report is your key to thriving in anticipation of the Bitcoin halving event. It provides step-by-step guidance to ensure you’re a step ahead of other investors. 

Plus, when you become a premium subscriber, you'll unlock benefits that will elevate your crypto investment journey, such as:

Market Analysis and Exclusive Reports: Dive deep into insights and analyses for better, more profitable investments.

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Yes, “alpha,” as the traders way, that’s only available to premium members. 

And guess what? Given that we are still pre-halving, there is still so much potential ahead. 

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After a small drop in bitcoin’s price, the market ended this week sideways. As of this post, it’s down since we started seeing the warning signs of December and early January.

What comes next?

We shall see!

If you missed my most recent update, get it now. You’ll get some realistic expectations, see an important shift in the flows of stablecoins, catch up on the trade from last February, and learn why FTX’s and Grayscale’s selling didn’t cause the recent drop.

(If you can call a 13% decline a “drop” or “crash.” I don’t.)

Did you miss that update or any of the premium content? Upgrade to the premium plan now so you don’t miss anything else. You’ll also get:

  • 👀 Direct contact with me.

  • 📈 Video and written market analyses so you can make better investment choices.

  • 🧐 Exclusive altcoin reports and special content to stay ahead of the competition.

When you have time, read this month’s issue, Wall Street and Crypto: When Wolves Lie Down With Sheep.

Within minutes of posting this issue, a reader emailed me with words to the effect of “this is worse BS than the rest of the crypto BS.”

When I asked this person to elaborate, they said they'd have to read it and get back to me.

Ah, the life of a content creator. Decide for yourself—read the issue!

Scroll down for a poll and some content you may enjoy. It’s short this time, with no audio. I’ll make up for it with the next one!

Bottom line: Nexo, a crypto lender, asked a World Bank agency to force Bulgaria to pay them $3 billion for damages to their reputation and operations after the government’s investigators accused them of crimes they didn’t commit.

My take: a blow to conspiracy theorists everywhere. Tether truthers get mad that nobody believes them, but I remember so many of them shouting that Nexo was a criminal entity that would collapse. Maybe it is, maybe it will, but not because of Bulgaria’s accusations or unsubstantiated posts from anonymous accounts. If Nexo’s claims are true, they lost billions of dollars because of these fake charges. I hope they get the justice that they deserve.

Why you should care: the government doesn’t always get it right. Neither do the naysayers.

Relax and enjoy the ride!

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