Crypto Morning

The free crypto email that gives you the latest alpha in a simple, easy to understand format.

[Crypto Morning @gmcryptomorning]

@BackpackerFI @takegreenpill This is powerful. Seriously, who would want to trade places with 90 year old Warren Buffett right now?

[Crypto Morning @gmcryptomorning]

@Davincij15 $ETH

[Crypto Morning @gmcryptomorning]

@TheMoonCarl Memes like $DOGE and $SHIB will be around in the next bull cycle for sure, whereas many major "legit" projects will not. I'm also betting that $FLOKI will be around. Memecoins are now an established niche in crypto.

[Crypto Morning @gmcryptomorning]

@TheMoonCarl I don't take $LUNA 2.0 seriously, no - mostly due to the founder not responding correctly after the collapse of $LUNA and $UST. Cryptos that have a cult leader behind them should be avoided.

[Crypto Morning @gmcryptomorning]

It's an election year, which means that politicians will do what it takes to pump the markets. They just want their votes, they want to keep their jobs, they can't leave the market in turmoil. Crypto is linked to tech, so it's possible that Q4 will see the markets recover.

[Crypto Morning @gmcryptomorning]

They also said the recent pullback in crypto hasn't had any real impact on VC firms piling their money into virtual assets. (3/3)

[Crypto Morning @gmcryptomorning]

JP Morgan has said that crypto has replaced real estate as a preferred alternative asset class, which basically means they're saying crypto has surpassed real estate in terms of growth potential. (1/3)

[Crypto Morning @gmcryptomorning]

So Bitcoin has room to grow but there may be a slump in the real estate market due to rising interest rates. (2/3)

[Crypto Morning @gmcryptomorning]

@Bullrun_Gravano $MCC

[Crypto Morning @gmcryptomorning]

Which means altcoins will continue to be destroyed as people move out of their underperforming altcoins into Bitcoin (3/3)

[Crypto Morning @gmcryptomorning]

Ethereum's currently under $1800, and the ETH/BTC pair has fallen under key levels which means that we're likely to experience new lows in the short term (1/3)

[Crypto Morning @gmcryptomorning]

Remember Ethereum is king of the altcoins, so seeing that it's weakening against Bitcoin, Bitcoin dominance will go up (2/3)

[Crypto Morning @gmcryptomorning]

All the big exchanges are on board for V2, Binance, Bitfinex, Huobi, and if you owned $LUNA or $UST you'll get an airdrop but... let's see what its worth after a few weeks.

[Crypto Morning @gmcryptomorning]

Are you going to invest in $LUNA 2.0? Me neither.

[Crypto Morning @gmcryptomorning]

Version 2 of Terra Luna is officially happening on May 27th but to be honest, the hype of LUNA is gone, we don't really need another L1 chain...

Plus I simply don't have faith in Do Kwon, the founder of Terra, who used to mock people in his Twitter.

[Crypto Morning @gmcryptomorning]

So effectively the dollar price of a blue chip NFT will be very low. If you can pick up one during the bear market these NFTs may be worth a lot of money in the future.

[Crypto Morning @gmcryptomorning]

You're going to get a rare chance to pick up a Bored Ape or Crypto Punk NFT over the next year or two. These NFTs are priced in Ethereum, so not only will their floor price plummet in price due to the market crash, the price of ETH will also go down, perhaps to under $1000...

[Crypto Morning @gmcryptomorning]

$HTR Explained In 60 Seconds 🎬

@HathorNetwork

[Crypto Morning @gmcryptomorning]

Coinbase has made history as the first crypto company on the Fortune 500. Although it's struggled to meet expectations due to the crypto crash, it made 437. Revenue was $1.16bn in Q1, and if that continues, they won't qualify for the $6.4bn target needed to make this year's list.

[Crypto Morning @gmcryptomorning]

Michael Saylor recently said that the crypto market crash will be great for Bitcoin. He said it highlights the difference between speculative altcoins and the perfect nature of Bitcoin, and it will also accelerate much needed regulation of stablecoins, altcoins and exchanges.