Wealth Mastery Premium Investor Report 199

Wealth Mastery Premium Investor Report 199

In This Issue

  • Silicon Valley Bank, Stablecoins & Ethereum
  • My latest portfolio updates. 
  • Jesse has a deep dive for you on Enjin Coin.
  • Web3 Academy explains the business of blockchains.
  • Sam has a report for you on RTFKT.
  • Rebecca breaks down this week’s trending coins.

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What Just Happened?

Well… what an insane few days in the markets. It is rare that we see so much chaos in such a short amount of time. I hope you are doing ok. 

Silicon Valley Bank 

SVB has collapsed. It was the second-biggest collapse in US banking history and was the 20th biggest bank with around 180 billion in assets. The bank is deeply connected with a huge range of tech start-ups and for us, in crypto, it managed about 8% of USDC’s cash reserves. Money that is now stuck in limbo. It remains to be seen what kind of contagion effects the bank could kick off across the US economy and if any other banks

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Hong Kong ETFs Next Week!  

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– In case you missed it by Rebecca.

Bullish for Bitcoin? Genesis GBTC Offloaded

Genesis Offloaded almost 36M GBTC Shares
– BlackRock ETF update, Aave possibly turning on the fee switch, Solana’s network congestion & Korean politicians backing BTC ETFs.
– Week 8 update on the 10x portfolio.
– This week on chain.
– This week’s trending coins by Rebecca.

Next Week Could Be Huge for Bitcoin

The Battle of the Bitcoin ETF Banks
– Franklin Templeton liking Bitcoin Ordinals, VC funding making a comeback in crypto, Ethereum L2s possibly exploding to $1 Trillion & an XRP stable coin coming soon.
– Altcoin alpha by David.
– This week’s airdrop by Jesse.
– Sam has an NFT report on What Is AnimeChain?

Bitcoin, Why You Sleeping RN? 

Macro Factors Pushing Bitcoin into the Mid-$60Ks
– The US government looking to sell more Silk Road Bitcoin, Argentina passing mandatory registration for crypto platforms, Goldman Sachs hating on crypto bros & Celestia going to Arbitrum Orbit.
– Erik has an article deciphering how far into this bull market we are right now.- In case you missed it by Rebecca.

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