Welcome to Issue #68 of Wealth Mastery
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In this issue:
I share some thoughts on the recent explosion of bridges and how you can take advantage of this hot trend.
Jesse has a report for you on the new stablecoin protocol GRO as well as some tips on how to do due diligence.
Defi Dad has a tutorial on how to earn fixed interest and possibly get a big airdrop!
Rekt Capital has the latest TA on Bitcoin.
The team from Icon join us to discuss how their blockchain is approaching defi and what the future holds for them.
ANNOUNCEMENT: I will soon be migrating the newsletter to a custom-made website and will no longer be using the Revue service which I currently use to produce the newsletters. This will likely happen within the next month. We are working to ensure the transition is as smooth for you as possible.
A quick reminder that all research and market analysis is provided for educational and informational purposes, and should not be considered as financial advice. You are ultimately responsible for your investments and trades, and they should only ever be entered by those who understand the risks, are willing to lose their entire investment, and properly understand how to manage their risk.
Also, every issue will contain more information, tips, hints, and analysis than you can make use of. Wealth Mastery is a tool, you are the craftsman. We are not a signal or pump group, we are a tool shop, you decide what information shared here has value to you or not.
As always, feel free to reach out to me by responding to this email with your comments or questions.
The Big Recap
Bitcoin has hit a new all time high!!!!!!
The Bitcoin ETF has been approved in the USA. The Proshares ETF was the first to be approved, word just came in that Van Eck has also been approved for trading next week. Grayscale has also announced that they are applying to convert their Bitcoin Trust into a Bitcoin ETF. Remember that Bitcoin ETFs backed by CME futures contracts are garbage. What we want is to see the Bitcoin ETFs that are backed by real Bitcoin, that will unleash the flood gates. By the way, the BTC ETF has been very popular doing a billion in trading volume on day 1.
Steam is banning games containing NFTs (Source), which is pretty dumb. But crypto never needed them anyway, the runaway success of games like Axie Infinity prove that we don’t need the big game studios. FYI Axie is probably going to make over a billion in revue this year. I am very bullish on the future of crypto gaming and metaverses. I will continue to make investments in this area. Gaming will likely be one of the biggest catalysts for onboarding new users into crypto this decade. Newcomers like Illuvium, Star Atlas, Wilder, and High Street have the potential to be HUGE!
More NFT drama as Meka Verse, a popular new robot-themed NFT collection. The team apparently game the launch by ensuring that they got the rarest mechs, while selling common ones to the public. They also were quite sloppy with the deployment of their NFTs with some mechs being nearly identical. The NFT space is currently flooded with lazy cash grabs and frauds. While NFTs remain highly profitable, just be aware of all the dirt games being played.
In other NFT drama it seems that a fake NFT was able to sneak its way into the Art Blocks Curated…
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.
