📈 BTC & ETH Reach All Time High for First Time in 9 Weeks

GM 👨‍👩‍👧‍👦

Seedphrase Daily 👋 We give you crypto news in as few words possible. Here's a cute dog to start.

Fun Fact : Around 28.6 million wallets traded NFTs in 2021

Today’s Agenda 📓:

• 📈 BTC and ETH Reach All Time Highs for First Time in 9 Weeks

• 🚀 Meme Coins Pumping

• 🧃 Free Snapple Drinks with Their New Metaverse Store

• 👀 NFT Pump of the Week! Be on the Lookout.

• 🔐 OpenSea Changes Stolen NFT Policy

🎥Reading is cool but audio is cooler.

Back from the weekend, you know what that means?

It's our PODCAST! Tune in and get caught up. Our new YouTube Video is on our channel & Spotify.

We talked about:

• Elon Musk Warns about Recession

• Dave Portnoy Sued for Schilling

• Cryptodickbutts and other Ridiculous NFT

If you like the sound of that, watch it here!

📈 BTC and ETH Reach All Time Highs for the First Time in 9 Weeks

Crypto prices are seeing new highs during this bear, with BTC going back above $25K, then breaking our hearts and dropping back down right after.

Suddenly, Twitter has become much more active. Hmmm.

Here's what happened: 👇

• BTC touched $25K on Saturday for the first time since June 13.

• Because it pulled back, $25K became a key resistance point for Bitcoin.

• ETH returned to $2K with hype about the merge on September 15.

Is this the start of the bull run? 🤔

No.

It's most likely due to cooling inflation, a key economic indicator that remained unchanged last month.

We talked more about that last week. If you want to learn what to do during inflation, learn here.

In short: lower CPI prices means

• Increase your liquid cash reserves.

• Fall could signal a more significant economic slowdown.

Why does this matter to you? 🖐

For now: You should relax.

If you haven't already dollar cost averaged, it would be wise to save your cash.

Don't make the mistake of getting FOMO and buying the pump. If you're bothered because you didn't buy, be patient. Enjoy the show. 

For later: Pigs get slaughtered

If you've made profits with your trades, take them. The greedy, gluttonous pigs will be slaughtered in this market.

In the next few months, macroeconomic factors will make prices dip more. That will be your chance to start dollar cost averaging.

Learn the advantages of DCA

🚀 Meme Coins Pumping

WHO LET THE DOGS OUT?!? 🐶

Along with BTC & ETH, Meme coins have been running up numbers this weekend.

• SHIBA INU ($SHIB) is up 30% in the last 24 hrs and 36.23% over the previous seven days.

• Dogecoin ($DOGE) has been up almost 9% and up 15.41% over the last seven days.

• Shiba Predator ($QOM) is up 13.57% in the last 24 hours and 40.52% over the previous seven days.

Is it Alt-Coin Season? 😳

Tune in tomorrow, where we'll explain the altcoin cycles and the psychology of money flow in crypto.

By researching the trends, you'll be able to capitalize on money making opportunities no matter what cycle we're in. (here's a little teaser)

🧃 Free Snapple Drinks with Their New Metaverse Store

The delicious drink brand is dipping its toes into the metaverse, releasing the Snapple Bodega, an interactive store promoting their new "elements" drink collection.

I played the game so you don't have to: 👨‍💻

• You're placed in the bodega, where you have to find items that will help you cash out at the register.

• You must interact with things in the store to receive items.

• It was a little glitchy when I was trying to interact with the NPCs and objects.

Final Rating: 6/10. It was a good try.

The Prizes 🏆

Buying the physical drink can grant you a code to claim NFT wearables. And you can get that for free by playing the game, which offers you a coupon for $1.39 off your drink.

Play it Here.

The first one to scan my prize can get a free drink!

👀 NFT Pump of the Week! Is there Bluechip Potential?

Pudgy Penguins just announced their adorable penguins will be collectible toys. This caused sales to BOOM.

In the last seven days, Pudgy NFTs saw a 706.77% increase in sales.

The current floor price is 2.35Ξ. Could this be the next big blue chip? 🤷‍♂️

Check out the collection here.

🔐 OpenSea Changes Stolen NFT Policy

Did you know it's against US law to allow the sale and transfer of stolen items knowingly?

OpenSea is no exception. To protect themselves from lawsuits, OpenSea will investigate and block stolen assets from being bought, sold, or transferred on its platform.

This got a lot of users mad. There seems to be a decent sized crowd of people who are unknowingly buying a stolen NFT.

What was the solution? 👇

OpenSea released a 13 Tweet-long thread, here's the summary:

• OpenSea will require a police report submitted within seven days of flagging an NFT as stolen.

• The move is to prevent false statements.

• The NFT held will be released if a police report isn't submitted in time.

• This will only apply to new claims over stolen NFTs, not existing cases.

For the Full Thread

Meme to End the Day

Gotta make do.

If you enjoyed this email show a friend, cat, ancestor, lizard or tree:

See you tomorrow!

Disclaimer: None of this is financial advice. This newsletter is strictly educational and is not investment advice or solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research!