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🥛 Bitcoin is pumping again! Here’s why… 👀
Today’s edition is brought to you by The Crypto Code — The premier research and education company teaching thousands worldwide how to use automation to secure daily profits in crypto.Get $10 in Bitcoin when you attend their free workshop!GM. This is Milk Road, the crypto newsletter that gets better with every sip, no sugar needed.Here’s......
BlackRock Files For iShares Ethereum ETF Trust in Delaware
Financial giant BlackRock registered an Ethereum trust with Delaware, according to the latest reports that surfaced. This has sparked speculation about an impending SEC application for an ETH ETF. Independent analysts revealed BlackRock's registration of the iShares Ethereum Trust on X (formerly Twitter). Eric Balchunas, senior ETF analyst at Bloomberg, confirmed the news himself. https://twitter.com/EricBalchunas/status/1722632267032613146?s=20......
Tightening Bitcoin Supply: What Glassnode Data Reveals About BTC
As the highly anticipated Bitcoin halving approaches in early 2024 and optimism grows around a spot ETF approval in the US, the excitement and positivity surrounding Bitcoin continues to build. In this context, a crucial question for investors is: what portion of the 21 million Bitcoin supply is actively circulating versus held tightly in reserves?......
Cluster of Bitcoin ETFs Positioned for Potential SEC Approval, Says Analyst
ETF analyst James Seyffart asserts the SEC could approve a swath of bitcoin spot ETFs together in a brief upcoming window. The analysis aligns with his forecast of >90% odds for approval by January 2024. In a recent tweet thread, Seyffart said that a joint approval wave could occur because multiple recent filings faced simultaneous......
🥛 Tokenized RWAs: the next big thing? 👀
Today’s edition is brought to you by Phemex - a top 5 exchange gearing up to kick off its native token launch through a long-awaited airdrop campaign.Win from a pool of 1.000.000 PT!GM. This is Milk Road, your daily crypto cheat sheet - because who actually reads the whole textbook?Today, we’re gonna talk about what......
Ordinals (ORDI) Soars 88% on Binance Listing with Half a Billion in Trading Volume: Can the Momentum Last?
The price of Ordinals (ORDI) has seen a dramatic 88% surge over the last 24 hours following its listing on the popular crypto exchange Binance. The token's price jumped from a 24-hour low of $7.21 to its current level of $13.78 as of press time, according to CoinMarketCap data. Trading volume for ORDI has spiked......
🥛 3 BIG trends to watch 👀
Today’s edition is brought to you by MetaMask Portfolio - buy, sell, swap, bridge, and stake from one simple dApp, backed by the most popular crypto wallet.Bridge with MetaMask Portfolio!GM. This is Milk Road, the daily newsletter that tells you everything you need to know about crypto - all before your coffee gets cold. Here’s......
Binance Releases 12th Proof of Reserve Report – Is It Enough to Restore Trust?
Cryptocurrency exchange Binance has released its twelfth proof of reserve report, providing transparency into its reserves during a period of market instability. The latest report, with a snapshot date of November 1st, 2023, was calculated and verified by independent Chinese journalist Colin Wu. Bitcoin holdings decreased 0.7% from October to 584,659, with reserves 104.22% of......
$1.14M Zombie CryptoPunk Sale Precedes NFT Volume Surge – Simpsons Effect?
A rare zombie CryptoPunk NFT sold for $1.14 million on Monday, sparking speculation that interest in NFTs is rebounding after months of declining sales volume. CryptoPunk #7458 is one of only 88 zombie punks in the collection of 10,000 unique punks. It has three attributes: a shadow beard, a knitted cap, and regular shades. This......
