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🦉 Could We See The First Crypto Czar?
Crypto Market Cap Hits New ATH Surpassing $3.3T, MicroStrategy Expands BTC Holdings With $5.4B Purchase, and More!
Traci Smith & Mike Cullison
November 25, 2024
GM 🦉 With another huge week in crypto we are riding this week high! Let’s dive into everything you should know coming up!
In Today’s Crypto World:
Crypto Market Cap Hits New ATH Surpassing $3.3T 🚀
MicroStrategy Expands BTC Holdings With $5.4B Purchase 💰
Donald Trump Could Create The First ‘Crypto Czar’ 😮
Guardians of The Galaxy Drop ✨
BTC Net Unrealized P&L 🔬
DEGEN PLAYS
GAINERS & NEWBIES 👀
*Market insights are updated daily.
VEVE & NFT
GUARDIANS OF THE GALAXY DROP ✨
CHART OF THE DAY
BTC NET UNREALIZED P&L 🔬
This indicator is derived from Market Value and Realized Value. The key principle of this tool is in the ratio between market cap and Bitcoin investors taking profit.
When market cap rises much faster than profit taking we see that the market is overheating, one could say due to investor greed (red band). For the strategic investor such times have historically been favourable to take profit.
We can break down different percentages of Bitcoin Relative Unrealized Profit/Loss to determine what stage of the market we are in. This can be advantageous for the long term strategic investor.
Net Unrealised Profit/Loss (NUPL) is able to use market participant data to help predict Bitcoin price reaching major highs or lows. It uses on-chain data to demonstrate potential market participant emotions at a given moment in time which can be useful for forecasting Bitcoin price and where it may move next over time.
OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - PORTFOLIO IDEAS 🔦
HOOT’S OF ENLIGHTENMENT
WHAT IS FIL? 💡
Filecoin (FIL) is an innovative cryptocurrency that powers a decentralized storage network designed to revolutionize data management. Unlike traditional cloud storage services, Filecoin enables users to store, retrieve, and share data securely across a global network of independent storage providers.
This decentralized model eliminates reliance on centralized entities, reducing costs and increasing redundancy, privacy, and censorship resistance. Filecoin incentivizes providers with FIL tokens, creating a competitive marketplace for reliable storage at fair prices.
By leveraging blockchain technology, Filecoin ensures transparency and traceability of data transactions, making it an essential infrastructure for Web3 applications. Its scalability and utility highlight its transformative potential.
OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀
OWLGO’S LOLS
DAILY MEMES 🤣
Brought To You By: DailyGainsCrypto.com
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.