Sunday Essentials 🪥 by JAD (3/3/24)
Your weekly reminder to brush and floss every day - and more!
Gm gm everyone~
What a couple of weeks.
✅ Historic inflows and milestones for the BTC ETFs.
✅ All of crypto and select NFT projects have been mooning.
✅ Coinbase crashed due to influx of downloads and users.
✅ BTC ETFs officially hold 4% of total BTC supply.
Here are two screenshots from the Milk Road that provide some other bullish takes ⤵️
Still digesting the news and deciding exactly what my next steps are, but it’s really feeling like the bull market is back in full effect! It’s quite something to experience.
A lot of the conviction plays I’ve had over the last 2 years are paying off - and I feel it’s just the beginning.
And to those who stuck around this whole time - congratulations! 🎉
You deserve it 👏
—
There are still some things to look ahead towards:
Ethereum’s Dencun upgrade (which has passed all of its testnet specs) later this month.
The BTC halvening in April.
An inevitable ETH ETF.
What a time.
Stay cautious though - this is usually when scams multiply faster than you can blink.
Enjoy~ ☕️
The market cap of Bitcoin has reclaimed $1 trillion 🎉
And as such is now listed as one of the top 10 assets in the world
Solana’s second Saga phone has crossed the 100k pre-order milestone 📱
Franklin Templeton has filed for an ETH ETF ✅
Glenlivet distillery announced a 50-year old whiskey collection that will utilize NFT technology in sales 🥃
Reddit, ahead of going public, has disclosed they hold BTC and ETH on their balance sheet ✅
Wells Fargo and Bank of America’s Merrill will officially include BTC ETFs ✅
Morgan Stanley is now considering offering BTC ETFs to its customers ✅
Edward Snowden states that a particular government has been buying a lot of BTC recently, and it will be revealed later this year 👀
Interestingly…a BTC wallet holding ~51,100 BTC has been found buying an average of 100 BTC per day since November 2022. Could this be the government Snowden is talking about?
Tim Buckley, Vanguard’s now-ex-CEO, has stepped down 👀
He famously announced that Vanguard would ban all BTC ETFs on their platform when they launched
🇬🇧 The UK officially has fallen into a recession
This tweet by WatcherGuru also put things into perspective
🇪🇹 Ethiopia’s cheap electricity is attracting Chinese mining companies
🇦🇷 Argentina stablecoin transactions have been booming in face of severe inflation
🇳🇬 Nigeria has banned all crypto exchanges, and is fining Binance $10B
"The strength of your convictions is measured not by the loudness of your voice, but by the depth of your commitment. Stay true to your beliefs, even in the face of doubt or opposition, for it is through unwavering conviction that meaningful change is born."
This quote emphasizes that true strength of convictions lies in the steadfastness of one's commitment to their beliefs and principles, rather than the volume of their arguments or the forcefulness of their words. It encourages individuals to hold firm to their values and convictions, even when faced with challenges or skepticism from others. It's a reminder that enduring change and progress often stem from the unwavering dedication of individuals who stay true to their convictions, regardless of the obstacles they may encounter along the way.
Streptococcus mutans is one of the primary types of bacteria in the mouth that contribute to tooth decay. It thrives on sugar and produces acid that erodes tooth enamel, leading to cavities.
Maintaining good oral hygiene and reducing sugar intake are key to controlling this harmful bacterium.
What I’m Watching
Star Wars: The Bad Batch Season 3 (The Final Season) on Disney+
As a huge Star Wars fan - and a fan of the titular Bad Batch - I’ll be keeping up with each release on Wednesday so I can stay updated with the latest theories and easter eggs.
Engaging with the Star Wars community through Reddit and YouTube capitalizes on the excitement each week.
It’s the only reason I prefer watching upon release as opposed to binging shows all at once (pending release schedule).
What I’m Listening To (Background Music)
Fantasy Medieval/Tavern Music - Relaxing Celtic Music, Tavern Ambience with Rain Sounds
This has been particularly pleasant to listen to this past week with the uncharacteristic rainy weather in Southern California.
It makes me want to go on an adventure ⚔️
Where I’m Considering Traveling To
Condé Nast Traveller’s “The 24 Best Places to Go in 2024”
One can dream to be able to travel to all these places in a lifetime.
The world is so big. The urge to travel is very strong this year.
Miscellaneous
Yuga Labs’ Acquisition of PROOF
I have a lot of thoughts on this.
Cautiously optimistic is the best way to put it. I do think my experience these past years have shaped my thoughts on the space overall.
A true bittersweet moment. This is how we learn, after all.
It also gives me a chance to smoothly transition towards other endeavors.
Quote I’m Pondering
“First they ignore you, then they laugh at you, then they fight you, then you win.” - Mahatma Gandhi
A quote favored by crypto enthusiasts.
Art of the Week
Nostalgia by goldcat
Digital painting, 3670 x 3670 px
Stay safe out there and be happy~
Best,
Philip
Disclaimer:
All thoughts and opinions are my own; please DYOR (do your own research) and remember that this is NFA (not financial advice). After all, I’m just another dentist.