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  • Ether ETFs See $107M Inflows on Day One 🤯

Ether ETFs See $107M Inflows on Day One 🤯

Mt Gox continues moving Bitcoin, sends $340 million, Alphabet profit surges 29% in Q2 amid AI splurge, 200-Wk Moving Average Heatmap, and more!

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Traci Smith & Mike Cullison
July 24, 2024

GM 💡 It’s time for a mid-week recap! 5 minutes about your Daily Gains in Crypto 👍

In Today’s Crypto World:

  • Ether ETFs See $107M Inflows on Day One 🤯

  • Mt Gox continues moving Bitcoin, sends $340 million 🚚

  • Alphabet profit surges 29% in Q2 amid AI splurge 🤖

  • Gainers & Newbies 👀

  • 1st Appearance of Dark Phoenix 😎

  • 200-Wk Moving Average Heatmap 🗺️

OWLGO’S NEWS NEST
3 TRENDING HEADLINES 💡

Ether ETFs See $107M Inflows on Day One as Trading Volume Tops $1B

Daily cumulative net inflow hit $106.78 million, with most ETFs in the green on the first day of trading.

www.coindesk.com

Mt Gox continues moving Bitcoin, sends $340 million BTC to Bitstamp: Arkham

Bankrupt Mt. Gox shifts $2.85 billion worth of Bitcoin to new wallets.

cryptoslate.com

Google parent Alphabet profit surges 29% in Q2 amid AI splurge

Google’s parent firm Alphabet’s AI division reported a loss of $2.3 billion in the second quarter as the firm looks at ways to implement AI in its advertisement and cloud businesses.

cointelegraph.com

DEGEN PLAYS
GAINERS & NEWBIES 👀

*Market insights are updated daily.

VEVE & NFT
1ST APPEARANCE OF DARK PHOENIX 😎

CHART OF THE DAY
200-WK MOVING AVG HEATMAP 🗺️

Indicator Overview

In each of its major market cycles, Bitcoin's price historically bottoms out around the 200 week moving average.

This indicator uses a colour heatmap based on the % increases of that 200 week moving average.

Depending on the month-by-month % increase of the 200 week moving average, a colour is assigned to the price chart.

Note: this is a slightly modified version of a concept created by @100trillionUSD. Use the link below to learn more about the original.

How It Can Be Used

The long term Bitcoin investor can monitor the monthly colour changes. Historically, when we see orange and red dots assigned to the price chart, this has been a good time to sell Bitcoin as the market overheats. Periods where the price dots are purple and close to the 200 week MA have historically been good times to buy.

OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - WHAT IS XRP? 🔦

HOOT’S OF ENLIGHTENMENT
WHAT IS FLOKI INU? 💡

Floki Inu (FLOKI) is a community-driven meme cryptocurrency inspired by the popular "Floki" character. Key points include:

  1. Community Focus: FLOKI boasts a passionate and active community that drives the project's initiatives and growth.

  2. Meme Culture: It leverages the power of meme culture, making it a fun and engaging token with viral potential.

  3. Utility: FLOKI aims to expand beyond being a meme coin by offering real-world use cases, including partnerships and NFT marketplaces.

  4. Charity Initiatives: The project emphasizes social impact, supporting various charitable causes.

These aspects make FLOKI not just entertaining but also purposeful, with a strong community and future potential.

OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀

OWLGO’S LOLS
DAILYMEMES 🤣

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.05/31/202406/12/