๐Ÿง  A week of crypto in 5 minutes

November 04, 2022

Happy Friday Seedphrase Fam ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆ Itโ€™s getting cold out, so make sure you have a jacket and BTC miners on max to keep yourself warm.

Today's Agenda ๐Ÿ““:

  • โฎ Weekly Wrap

  • ๐ŸŒฑ NewSeed Stories

  • ๐Ÿ˜‚ Meme of the Day

You made it to the end of the week, and you deserve a treat for that.๐Ÿง

So head to the bathroom, light a candle, get comfy, and scroll through our weekly recap. ๐Ÿšฝ

๐Ÿง  Guaranteed to make you smarter.

  • Robinhood's monthly average users fell to 12.1M customers

  • Coinbase transaction revenue fell 44% compared to the second quarter due to fewer active users.

  • Competition is brewing.

You've heard of Tinder, Hinge, Bumble, maybe even Seeking Arangements.

But what about dating and sex in the metaverse? Spooky.

We chop it up with the founder of a new metaverse we've never seen before.

Subscribe to us because we are giving away 1ฮž once we hit 5000 subscribers.

  • Chamath Palihapitiya believes the short term bottom is IN

  • Blue chip stocks down 20%

  • Long term: recession incoming in 2023

Check out this thread on the incoming changes Twitter may face:

Bullish News for Polygon

This thread runs down the key performance metrics on Polygon. Is it becoming the dark horse of crypto?

  1. What stage is the coin in? (speculation, retail, offloading, accumulation)

  2. How each stage moves.

  3. Plan your trade.

  4. Follow the plan.

  • Good news: it means our economy is resilient

  • Bad news: also means the FED is going to continue being aggressive af

The Flippening is Happening

  • But not the one you expect

  • ETH is being flipped by its children, L2s. Here's the data to prove it:

Sponsor of the week:

Discover early investment opportunities in tech and fintech startups.

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  • The trip includes airfare, luxury, accommodation, and two tickets to FIFA world cup quarter-final matches.

  • To participate, you must purchase packs of NFTs with prices beginning at $4.99.

  • These NFTs are available here! 

  • Every pack purchased until Nov. 20 also creates an automatic entrance into the prize draw. A new winner will be selected at random each week.

  • It could be a potential opportunity to make money.

  • CZ, CEO of Binance, is looking to buy a b1ank to bridge the gap between the worlds of traditional finance and crypto.

  • He didn't name any specific targets but said he's open to minority investments or a complete acquisition.

  • CZ, in the past, said Binance has $1B to spend on purchases and has already committed 50% to help Elon acquire Twitter.

Want to make more money? Here's a beginners guide to blockchain programming:

You're here because you know there is something about web3 that merits value. We're here because we know it's the future.

So why not capitalize on your alpha? Learning new skills is the #1 way to increase your income.

Mumbai: If you can't beat'em, join'em:

Mastercard has decided to go all in on web3- smart move. They're trying out NFTs on the Polygon testnet:

  • A free mint that released on 10/31

  • Over 5000ETH was traded within an hour after mint

  • Hit a floor price of 12.5ETH, making many people just around $20K

  • Rick and Morty creator Justin Roliand was behind the project

The ugly reality of NFTs and Crypto:

  • it's an insiders game

  • occasionally, ordinary traders catch a wave like Art Gobblers

  • more often, retail investors buy at the worst times and lose money

  • we're on a mission to change that:

If you want easy access to early opportunities consider trying our premium newsletter for free

We do thousands of hours of research to hand deliver you an email full of information that will make you a more competent trader, so you don't have to be exit liquidity for someone reading.

Check out our 14-day free trial on Seedphrase Premium and get access to our latest picks that have the potential to moon and all the insights to make you smarter.

That's all for today. Make sure to follow us on Instagram and Twitter for more up to date content!

See you tomorrow! โœŒ๏ธ๐Ÿ’Ž

๐Ÿ˜‚ Meme of the Day

Hyperbolic time chamber.

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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