🧠 BTC is giving signals

Web3 moves fast. Don't fall behind.

January 23, 2023

GM Seedphrasers 👋 Weclome to your daily reminder that crypto is the future, and you're part of it. Keep going.

Today's Agenda: 📓

  • 🎙Tune in to a Web3 Goat.

  • 🔥The Bitcoin call that never fails.

  • 😎 USDC owners make a big bet.

🎙Tune in.

We just had one of our best episodes.

But don't take it from us- a community member said this:

Kevin DeGods is the founder of Dust Labs. He let us inside his mind for an hour, and we learned a LOT.

👇 Check it out here:

You can also do audio only on Spotify & Apple Music.

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🔥 Super Hot Headlines.

  • BTC is up 12% in the last 7 days, despite Genesis filing bankruptcy. But you may already know that.

  • The rally is causing some raised eyebrows, with skeptics questioning what's really going on.

  • One hunch: Jim Cramer said it was a good chance to get out 12 days ago. And since then BTC has jumped 35%.

  • Sam Bankman-Fried's bank account got a lot lighter, with the US government seizing $700 million of his assets.

  • They snatched up $526 million worth of his shares in Robinhood.

  • The government cites this money as stolen funds.

  • Robinhood just launched a Polygon-based software wallet for your NFT and crypto-swapping needs.

  • This is a major upgrade, but can it compete with big boys: MetaMask and Coinbase Wallet?

  • Robinhood is going all in on web3, now available on IOS.

😎 USDC: The Future is Multichain.

Circle believes there won't just be ONE central chain, and they're putting their money where their mouth is.

They're developing a Cross-Chain Transfer Protocol (CCTP).

In plain English: think of CCTP as a teleportation machine for your money.

This is how it works:

You burn your money on the source blockchain. Circle gives you a stamp of approval and boom.

You mint the same amount of USDC on the destination blockchain.

It's like magic!

This new way of moving money will be available in the first part of next year on:

  • Avalanche

  • Ethereum

This means you can use it to buy things, swap money, and even purchase NFTs without having to use multiple wallets.

It's also great for developers because they can add it to their apps and websites.

Plus, it's cheaper + safer than other ways of moving money across blockchains.

Circle wants to make it easy for people to move USDC around on different blockchains like it's Monopoly money. It will make things a lot better and more accessible for everyone.

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

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