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The 64th Hoot
An NFT Sold for $16mil 💀
GOOD MORNING & HAPPY MONDAY.
🚨70 THOUSAND UNITED STATES DOLLARS PER BITCOIN 🚨
ALSO, AN NFT (THAT LOOKS LIKE SOMETHING I DREW WHEN I WAS 5) SOLD FOR $16MIL LAST WEEK.
WE ARE SO BACK 🐂
Scatt's Weekly Seeds:
🌱Wall Street: ”Bitcoin will hit $200k this cycle” 🚀
🌱Almost All BTC Investors are now in Profit 👀
🌱Meme coin Mania 🤪
🌱BTC → ETH → CHAINLINK 🤝🏼
Meme of The Week
Year-to-Date Returns:
S&P 500: 7.42%
Dow: 2.74%
Nasdaq Comp: 7.15%
Bitcoin: 65.27%
Ethereum: 70.42%
Scatt Capital Since Inception: 133.64%
News Breakdown:
Crypto Market:
7-DAY CRYPTO MARKET CAP CHANGE: +$25BN
CRYPTO INVESTMENT PRODUCT FLOW: +$1.8BN
BINANCE RECOVERED $4.4B WORTH OF CRYPTO FOR USERS WHO MISHANDLED DEPOSITS THE LAST 2 YEARS
OPTIONS TRADERS PRICING IN BTC TO SURPASS $80K
COINBASE USERS SAW ZERO BALANCES ON ACCOUNTS TWICE THIS WEEK AS BTC HITS ALL TIME HIGHS
BITCOIN ETF TRADING VOLUME TOPS $10B
BINANCE LAUNCHED A PERFUME
CRYPTO RALLY IS EXTENDING BEYOND BITCOIN
Credit & Debt Markets:
10-YR TREASURY YIELD: 4.080%
UBS TO LEND $750MIL TO ION GROUP TO TAKE CONTORL OF ITALIAN ASSET MANAGER PRELIOS
STONE POINT LED $1.9B SECOND-LIEN LOAN TO FUND TRUIST INSURANCE LBO
MORGAN STANLEY TO LEAD $12.5B REFI ON MUSKS TAKE-PRIVATE OF X (TWITTER)
ADANI GREEN ENERGU RECIEVED $2.9B WORTH OF BIDS FOR $409M BOND SALE
MICHAEL SAYLOR MICROSTRATEGY RAISING $600MIL IN PRIVATE OFFERING CONV. NOTE TO BUY MORE BITCOIN
This Week’s Economic Calendar:
Consumer Price Index (Tuesday)
Monthly Federal Budget (Tuesday)
U.S. Retail Sales (Thursday)
Producer Price Index (Thursday)
Wall Street: ”Bitcoin will hit $200k this cycle” 🚀
Two hundred thousand United States Dollars.
Peter Brandt is a Wall Street legend.
He’s been trading commodities since 1976 and his work has LITERALLY been published in several textbooks.
In other words, when this guy speaks, we listen very closely.
And here is his next prediction 👇🏼
We’re no longer in playtime, boys and girls.
Wall Street has officially entered the chat.
Congratulations to all the Bitcoin holders… we’ve come a long way 🤝🏼
Almost All BTC Investors are now in Profit 👀
GREEN.
That’s what ALMOST ALL Bitcoin investors are seeing right now.
98% of holders are sitting in profit (except the retail who just bought the top).
The last time this proportion of Bitcoin investors was this high was November 2021.
It’s been a long time coming, but again, congratulations.
Up from here.
Memecoin Mania 🤪
MANIA.
There’s nothing like feeling the thrill of the market when it’s ripping up.
And I’m not just reffering to Bitcoin, but all the stupid stuff we saw the last cycle is starting to come out the cracks again…
NFTs of random pictures are being sold for several million dollars…
Memecoins with random names are pumping hundreds of thousands of percent…
People are turning $350 into $500k in a week…
But the one market we’re particularly interested in is: Meme coins (aka coins based on relevant memes).
Here’s where the top meme coins stand & their market caps 👇🏼
As we can see we’ve got Doge leading from last cycle, but…
There are a bunch that have a TON of catching up to do.
You’d be early buying now, but not earlier than me.
BTC → ETH → CHAINLINK 🤝🏼
THE 3 PHASES.
Bitcoin was first.
Ethereum second.
Chainlink is third 🤝🏼
In my opinion, Chainlink is going to serve as one of the most important components in all of financial history:
Bridging traditional finance to decentralized finance.
It’s been said before, but I’ll say it again just to reiterate.
BITCOIN WAS FIRST… BUT IT WON’T BE THE LAST.
Crypto Storage Options:
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy, sell or hold any assets or to make any financial decisions. Please be careful and do your own research.