Altcoins are the hot sauce of the crypto world, adding flavor (and maybe some heartburn) to the Bitcoin main course. But before you go full-on sriracha and douse your portfolio, let’s pump the brakes a sec.
This blog guides you to acing your altcoin trading without the rookie mistakes. We’ll uncover the hidden pitfalls and discover the top tricks experts use to achieve altcoin success. So, grab your metaphorical spork (and maybe some Tums), and let’s dive in!
What are Altcoins?
While the “hot sauce” analogy captures the excitement of altcoins, it’s essential to understand them beyond just a flavour boost.
Altcoins, short for alternative coins, are a diverse group of cryptocurrencies vying for a spot on your digital dinner plate alongside the established Bitcoin.
Unlike Bitcoin, with its focus on secure transactions, altcoins often have specific purposes. Altcoins also have other differences to Bitcoin. Some aim to facilitate faster payments, others power decentralized applications (dApps), and a few even bridge the gap between traditional finance and the crypto world.
However, this variety also comes with a significant challenge. Not all altcoins are created equal. While some hold immense potential, others might fizzle out faster than a cheap firework. That’s where this guide comes in. So let’s know more below!
Common Altcoin Mistakes to Avoid
The crypto market moves fast, and getting caught up in the frenzy is easy. But before you hit that “buy” button in a blind panic, be aware of these common pitfalls that can turn your altcoin adventure sour.
Mistake #1. FOMO Investing (Fear Of Missing Out)
Ah, FOMO — the bane of any investor’s existence. You see charts skyrocketing and social media buzzing about the “next big thing,” and you’re convinced you’ll be left behind if you don’t jump in. This emotional investing can lead to disastrous impulse buys.
Here’s how to combat FOMO and make rational decisions:
Develop a Strategy: Don’t chase trends blindly. Have a clear investment plan outlining your goals and risk tolerance.Do Your Research: Don’t let FOMO replace research. Before investing, understand the project, its purpose, and its potential.Focus on Long-Term Value: Don’t get swept away by short-term hype. Look for altcoins with strong fundamentals that can deliver long-term growth.
Mistake #2. Ignoring Project Research
Just because an altcoin has a catchy name or a celebrity endorsement doesn’t mean it’s a sound investment. It’s crucial to delve deeper and understand what lies beneath the surface.
Here’s what to research:
The Team: Who are the people behind the project? Do they have a proven track record and the expertise to deliver?The Technology: What problem does the altcoin solve? Does its technology have real-world applications and a clear competitive advantage?The Roadmap: What are the project’s goals and development plans? Does it have a realistic timeline and clear milestones?
Where to Look for Reliable Information
Researching altcoin projects can feel overwhelming, but there are trustworthy resources available:
Established Crypto News Sites: Look for reputable news outlets with a focus on in-depth analysis and unbiased reporting.Project Whitepapers: These documents comprehensively overview the project’s goals, technology, and team.Independent Research Groups: Several independent groups specialize in analyzing and evaluating blockchain projects.
Mistake #3. Getting Caught in the Hype Train
Social media can be a breeding ground for altcoin hype. Influencers shilling the “next moonshot” and communities echoing unverified rumours can create unrealistic expectations. Remember, a project’s online buzz doesn’t guarantee its success.
Here’s how to separate genuine projects from overhyped ones:
Be Wary of Unrealistic Promises: If an altcoin promises overnight riches, it’s likely too good to be true.Look Beyond Paid Promotions: Influencers might be financially incentivized to promote certain projects. Do your own research.Focus on Project Substance: Dig deeper than flashy marketing. Look for concrete details about the project’s utility and development progress.
Mistake #4. Not Understanding Risk Management: Don’t Gamble Your Portfolio
The crypto market is inherently volatile. By their very nature, Altcoins carry a higher risk than established players like Bitcoin. Here’s how to manage risk and protect your investment:
Diversification is Key: Don’t put all your eggs in one basket. Spread your investments across different altcoins (and even other asset classes).Invest What You Can Afford to Lose: Cryptocurrency is a speculative investment. Only invest what you’re comfortable losing entirely.Consider Stop-Loss Orders (Optional): These can help limit potential losses by automatically selling an asset once it reaches a pre-determined price point.
Tips for Successful Altcoin Investing
Now that you’ve learned about the pitfalls to avoid let’s explore some winning strategies for navigating the altcoin market.
Successful altcoin investing requires a well-defined plan. Here’s how to craft yours:
Define Your Goals: Are you aiming for short-term gains or long-term portfolio growth? Knowing your goals will guide your investment decisions.Assess Your Risk Tolerance: How much volatility can you stomach? Understanding your risk tolerance helps you choose altcoins with an appropriate risk profile.Align Your Choices: Select altcoins that align with your goals and risk tolerance. Don’t chase high-risk projects if you have a conservative investment strategy.Follow Reputable News Sources: Stay informed by following established crypto news outlets known for in-depth analysis and unbiased reporting.Explore Industry Events (Optional): Attending industry conferences and events can provide valuable insights and networking opportunities. However, carefully research events to avoid those focused solely on hype.Identify Strong Teams and Tech: Look for projects with experienced teams and innovative technology that can solve real-world problems.Invest in the Future: Choose altcoins with clear development roadmaps and a vision for the future of the blockchain space.
Conclusion: Invest Wisely, Reap the Rewards
The world of altcoins is a land of opportunity, but it’s also riddled with potential pitfalls. By avoiding the common mistakes we’ve explored — FOMO investing, neglecting research, getting caught in the hype train, and ignoring risk management — you’ll be well on your way to becoming a savvy altcoin investor.
Remember, being responsible and informed about investing is key. Develop a strong strategy, prioritize long-term potential over short-term gains, and never invest more than you can afford to lose.

Imagine waking up one day to find that $40 billion of your money has just disappeared. That's exactly what happened to investors in the Terra cryptocurrency ecosystem. 

In the blink of an eye, the value of its main token, called Luna, plummeted to zero, causing massive losses for everyone involved.
What exactly caused this tragic downfall? Let’s know below.
The Rise and Fall of Terra

The Terra project was started by two people, Do Kwon and Daniel Shin, with the goal of creating a new kind of digital currency that could revolutionize the financial world. By 2022, their Luna and TerraUSD (UST) tokens had become very popular, attracting tons of investors who were promised high returns.
The problem was that UST wasn't a normal stablecoin, which is a cryptocurrency designed to always be worth $1. Instead, UST relied on complex computer programs and market forces to try to maintain its $1 value. This experimental approach made many experts worried that it wouldn't work in the long run.

One of the main reasons UST was popular was because of the Anchor Protocol, which offered investors an incredible 20% annual return for holding UST. This sky-high yield attracted a huge amount of money into the Terra ecosystem, with UST making up 75% of the total supply.
The Collapse
In May 2022, things started to go very wrong. Over $2 billion worth of UST was suddenly withdrawn and sold off, causing the token to lose its $1 peg. This set off a vicious cycle of panic selling, as people rushed to get out of UST and Luna before they lost all their value.

As UST collapsed, Luna's price also plummeted. There was suddenly a huge oversupply of Luna tokens as people converted their UST, and this drove the price down to almost nothing. 

Major crypto exchanges delisted both Luna and UST, and the entire Terra blockchain had to be temporarily shut down.

The aftermath was devastating. Around $60 billion in total value was wiped out of the crypto market, leaving investors with huge losses. Some major crypto companies that were heavily invested in Terra, like Voyager, Celsius, and Three Arrows Capital, even went bankrupt.

The Controversial CEO

A big part of the story was the behavior of Terra's CEO, Do Kwon. He made claims that the Terra system was completely stable and even bet $1 million that Luna wouldn't collapse - a bet he obviously lost. Kwon is now wanted by authorities in South Korea for alleged fraud and illegal fundraising.
"Hey, before you head out, why not join me on Substack @TheLuwizz? I share exclusive financial advice and updates there that you won't find on my blog. Plus, it's completely FREE!"
So, what can We get from this?
The Luna crash serves as an important warning about the risks in the crypto world. Experimental cryptocurrencies like UST, and the promise of unrealistic high returns, can be extremely dangerous. Investors need to be very cautious and do their research before putting money into any crypto project.
The $40 billion lost in this event is a tragic outcome, but hopefully it leads to more responsible practices and better regulation in the crypto industry going forward. Crypto may be exciting, but it's also very risky - as the Luna collapse clearly showed.

Okay, let’s be honest. When I first started dabbling in Bitcoin, those charts looked like a jumble of hieroglyphics. Lines zigging and zagging, candlesticks doing…whatever it is candlesticks do, and terms like “support” and “resistance” being thrown around like everyone was suddenly fluent in Technical Analysis. I was overwhelmed, to say the least.
But here’s the thing: Bitcoin charts don’t have to be this cryptic puzzle. Once I started to grasp a few key concepts, suddenly those squiggly lines started making sense, and I could actually see the stories they were telling about Bitcoin’s price movements.
In this blog, I want to share those “aha!” moments with you. If you’re feeling lost in the world of Bitcoin charts, trust me, you’re not alone. And more importantly, it gets easier. By the end of this post, I hope you’ll have a better understanding of five essential things I wish I knew sooner, which will help you on your own chart-reading journey.
Ready? Well, here it is.

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Understanding the Different Types of Bitcoin Charts
Okay, so let’s break down the different ways we can visualize Bitcoin’s price action:
Line Charts
These are the simplest types of charts. They connect the closing prices of Bitcoin over a specific time period (like a day, week, or month). Line charts give you a quick overview of the general trend, but they don’t show you much detail about the price fluctuations within that period.
Candlestick Charts
These are my personal favorites. Each “candlestick” represents a specific time period, and it tells a whole story about the price action during that time. The “body” of the candlestick shows the opening and closing prices (filled in if the price went down, empty if it went up).
The “wicks” or “shadows” show the highest and lowest prices reached during that period. Candlestick charts give you a lot more information than line charts and can help you identify patterns.
Bar Charts
These are similar to candlestick charts, but they’re a bit simpler visually. Instead of a filled or empty body, they use a vertical bar to represent the price range, with a horizontal tick on the left for the opening price and a tick on the right for the closing price.
Which charts do I use most? Honestly, it depends on what I’m looking for. Line charts are great for a quick glance at the overall trend, but I usually turn to candlestick charts when I want to dig deeper into the price action and look for patterns.
I find candlestick charts the most visually intuitive and informative for my analysis. Regardless of what you choose, there is an easy and quick guide to help you read them.
Identifying Support and Resistance Levels

Source: altFINS
The second thing I wish I knew a lot sooner is identifying support and resistance levels. Believe me when I say it is one of the most fundamental concepts in technical analysis that you would definitely master.
Imagine support as a floor and resistance as a ceiling for Bitcoin’s price. Support is a price level where buying pressure tends to be strong enough to prevent the price from falling further. Resistance, on the other hand, is a price level where selling pressure tends to be strong enough to prevent the price from rising higher.
How to Identify?
On a chart, support and resistance levels often appear as horizontal lines or zones where the price has bounced off of or struggled to break through in the past. These levels can be based on previous highs and lows, round numbers (like $30,000 or $40,000), or even psychological levels (like the all-time high).
How to use Support and Resistance in Trading
These levels can be incredibly helpful in making trading decisions. Here are a few tips:
Potential Buy Zones: Look for areas of support where you might consider buying Bitcoin. The idea is that the price is more likely to bounce off that level and rise.
Potential Sell Zones: Identify areas of resistance where you might consider selling Bitcoin. The price might struggle to break through that level and could fall.
Trend Confirmation: When the price breaks through a support or resistance level, it can signal a change in trend. A break above resistance could mean a bullish move is underway, while a break below support could signal a bearish move.
Risk Management: Use support and resistance levels to set stop-loss orders. For example, if you buy Bitcoin near a support level, you might place a stop-loss order just below that level to limit your potential losses if the price falls.
Warning: Remember, support and resistance levels aren’t foolproof. Sometimes the price will break through them.
Recognizing Common Chart Patterns

Source: Phemex
Okay, now for the fun part: chart patterns! These are like visual clues hidden within the price action that can give you hints about where Bitcoin’s price might be heading next.
There are tons of chart Bitcoin and Forex patterns out there, but some of the most common ones you’ll see in Bitcoin charts include:
Head and Shoulders: This pattern looks like, well, a head and shoulders. It can signal a potential trend reversal, with the price expected to drop after the pattern is complete.Double Tops/Bottoms: These patterns look like the letter “M” (double top) or “W” (double bottom). They can also indicate potential trend reversals, with the price expected to fall after a double top and rise after a double bottom.Triangles: These patterns look like triangles (ascending, descending, or symmetrical). They often indicate a period of consolidation before the price eventually breaks out in either direction.
What These Patterns Might Indicate
It’s important to remember that chart patterns don’t guarantee future price movements. But they can give you clues about the balance between buyers and sellers and potential future trends. For example, a head and shoulders pattern might suggest that selling pressure is increasing, while a double bottom might suggest that buying pressure is starting to build.
Chart patterns are most effective when used in conjunction with other analysis tools, like support and resistance levels, volume analysis, and indicators.
Remember, practice makes perfect when it comes to recognizing chart patterns. Don’t get discouraged if you don’t see them right away. Keep studying chart. Over time, you’ll start to see these patterns more easily and be able to use them to your advantage. Trust me because that’s what I did to master reading charts today!
The Importance of Volume and Market Sentiment

Source: Binance Academy
Alright, we’ve covered charts, support and resistance, and patterns. Now, let’s talk about two more crucial factors in understanding Bitcoin charts: volume and market sentiment.
Think of volume as the fuel that powers Bitcoin’s price action. It’s a measure of how much Bitcoin is being traded over a given period. High volume typically means there’s a lot of interest and activity in the market, while low volume can signal apathy or indecision.
Confirming Trends: When you see a strong price move up or down, high volume can confirm that the trend is legitimate and likely to continue. It means there’s a lot of conviction behind the move.Contradicting Trends: On the other hand, if you see a price move with low volume, it might be a warning sign. It could mean that the move is weak and not supported by much buying or selling pressure.
How to Interpret High and Low Volume

Source: BitcoinTradingSites
High Volume: This can be a sign of a strong trend, whether it’s bullish or bearish. High volume during a price increase suggests strong buying pressure and potential for further upside. High volume during a price decrease suggests strong selling pressure and potential for further downside.Low Volume: This can indicate a lack of conviction in the market. Low volume during a price increase could mean the move is unsustainable. Low volume during a price decrease could mean the selling pressure is weakening.
Market Sentiment
Market sentiment is the overall mood or feeling of the market participants. It’s driven by a complex mix of factors, including news, events, social media, and even just gut feelings.
When sentiment is bullish (optimistic), there’s more buying pressure, which can drive the price up. When sentiment is bearish (pessimistic), there’s more selling pressure, which can push the price down.
There are various tools and indicators you can use to gauge market sentiment, including social media sentiment analysis, fear and greed indexes, and even just paying attention to the general buzz around Bitcoin.
Wrapping Up
So, there you have it! We’ve just scratched the surface of the fascinating world of Bitcoin charts. But I hope these five key takeaways have given you a solid foundation:
But remember, this is just the beginning. Chart reading is a skill that takes time and practice to master. So, keep studying, keep experimenting, and most importantly, keep learning. There’s always more to discover in the world of Bitcoin charts.
I’d love to hear about your own experiences and insights. Have you had any “aha!” moments while reading Bitcoin charts? What tools or strategies have you found most helpful? Feel free to share your thoughts in the comments below.
And if you enjoyed this blog, be sure to follow for more Bitcoin tips, insights, and analysis.

Technology is on the brink of a massive transformation, and it’s called quantum computing. In our previous post, we’ve discussed how Quantum Computers might crush crypto by 2030. While we may be not sure if this can happen now or in the future, as a fellow crypto trader I know this threat is still lurking at the back of my mind. So are you, right?
Quantum computers, with their mind-boggling processing power, have the potential to crack the encryption that currently safeguards our digital assets. Imagine a world where your Bitcoin wallet could be hacked in a flash, your transactions exposed, your financial privacy shattered.
It’s a scary thought, isn’t it? But before you start panicking, take a deep breath. While the threat is real, it’s not here yet. We have time to prepare, to adapt, to protect our crypto.
In this blog, I’ll guide you through the ins and outs of quantum computing and most importantly, share practical tips and strategies to keep your digital wealth safe in the quantum age.
Understanding the Quantum Risk

Quantum Encryption Tips
To truly grasp the threat quantum computing poses to crypto, we need to dive a bit deeper into the nuts and bolts of how it all works. At the heart of the issue is a clever algorithm called Shor’s algorithm.
In simple terms, Shor’s algorithm gives quantum computers the ability to quickly solve complex math problems that are the foundation of our current encryption methods, like RSA and ECC (Elliptic Curve Cryptography). These encryption methods rely on the fact that it’s incredibly difficult for regular computers to factor large numbers or solve discrete logarithm problems.
But for a quantum computer equipped with Shor’s algorithm, these problems become a piece of cake.
Now, let’s connect the dots to your crypto wallet. Popular cryptocurrencies like Bitcoin and Ethereum rely heavily on these very same encryption methods to secure transactions and protect your private keys. This means that if (or when) quantum computers become powerful enough, they could potentially break this encryption and gain access to your precious digital assets.
And it’s not just your crypto that’s at risk. These same “locks” are used to protect all sorts of important things like your bank accounts, medical records, and even government secrets. A quantum computer could potentially unlock a Pandora’s box of confidential data, it’s a hacker’s dream come true.
Encryption Tips for the Quantum Age
Don’t worry, though — the crypto community is hard at work developing solutions to safeguard our digital assets!
Quantum-resistant Cryptography (QRC).
They’re working on a new type of encryption called quantum-resistant cryptography (QRC). Unlike the encryption methods that are widely used today, which could be easily broken by a quantum computer, QRC is designed to withstand these advanced attacks. It’s like upgrading our locks from a simple padlock to a high-tech security system that even the most sophisticated quantum “master key” can’t bypass.
Some of the most promising QRC methods involve things like lattice-based or code-based cryptography. These super-secure vaults store your private keys offline, making it nearly impossible for hackers — quantum or otherwise — to get to them.
Several projects are already working on integrating these QRC methods into blockchain technology, which is a major step towards protecting our crypto investments.
Hardware Security Modules (HSMs).
Another way to enhance security is by using special devices called Hardware Security Modules (HSMs). Think of these as super-secure safes that store your private keys offline, away from the prying eyes of hackers.
Some HSMs are even being designed with quantum resistance in mind, providing an extra layer of protection against future threats.
While these technological advancements are promising, there are also some simple steps you can take right now to protect your crypto:
Diversification
Don’t put all your eggs in one basket: Diversify your cryptocurrency holdings across different assets. This helps mitigate risk, as the performance of one coin won’t drastically impact your entire portfolio. Consider investing in established cryptocurrencies like Bitcoin and Ethereum, as well as exploring promising altcoins and tokens.
Cold Storage
Go offline: Hardware wallets, also known as cold wallets, offer the most secure way to store your cryptocurrency. These physical devices keep your private keys offline, away from potential hackers and vulnerabilities associated with online storage.
Consider hardware wallets from well-known brands like Ledger or Trezor, as they have a proven track record of security.
Strong Passphrases
Longer and more complex is better: Use strong passphrases that are difficult to guess. A passphrase should be a combination of random words, numbers, and symbols, making it virtually impossible for brute-force attacks to crack.
Consider using a password manager to securely store your complex passphrases and generate new ones when needed.
Two-Factor Authentication (2FA)
Add an extra layer: Always enable 2FA on all your cryptocurrency exchange accounts and wallets. This adds an extra layer of security, requiring a code from your phone or another device in addition to your password to access your accounts.
Use authenticator apps like Google Authenticator or Authy, as they are generally more secure than SMS-based 2FA.
Stay Informed
Be aware: Follow the latest developments in cryptocurrency security, as well as news and updates specific to QRC or any other projects you’re invested in. Be cautious of phishing scams, fake websites, and social engineering attacks.
Get your information from trusted sources like reputable cryptocurrency news outlets, official project websites, and community forums.
Hey, before you head out, why not join me on Substack @TheLuwizz? I share exclusive financial advice and updates there that you won’t find on my blog. Plus, it’s completely FREE!”
Additional Tips:
Use strong and unique passwords for each of your cryptocurrency accounts.Be wary of public Wi-Fi: Avoid conducting cryptocurrency transactions on public Wi-Fi networks, as they can be vulnerable to hacking.Back up your wallet: Regularly back up your cryptocurrency wallet and store the backup in a safe and secure location.Research before investing: Thoroughly research any cryptocurrency project before investing your money.
Conclusion
The future of crypto is in our hands, and it’s up to us to protect our hard-earned investments from the quantum revolution. It might sound like something out of a sci-fi movie, but quantum computing is a real thing, and it’s coming for our crypto.
This quantum stuff might seem a little intense, but trust me, we can totally handle it. Let’s get proactive, take charge of our crypto future, and show those quantum computers who’s boss!

Financial giant JPMorgan has just dropped a bombshell prediction: the crypto market could be staging a comeback as soon as August!
This news has sent ripples through the crypto community, sparking both excitement and skepticism. But before we get ahead of ourselves, let’s dive deeper into what’s really going on.
Now, you might be scratching your head because JPMorgan actually lowered its estimate for how much money is flowing into crypto this year. But hold on, this might not be as bad as it sounds. In the unpredictable world of crypto, stability can be a very good thing.

JP Morgan Predicts Crypto Comeback this August
Actually, JPMorgan thinks of recent events like the Mt. Gox payouts and the German government selling their Bitcoin might be a good thing for the market. It might sound weird, but these events might have scared off a lot of the “weak hands” — those who panic and sell their Bitcoin when things get a little bumpy. With those folks out of the picture, the market could be more stable and ready for a fresh start.
Another thing that’s got me feeling hopeful is that there’s less Bitcoin sitting around on exchanges. This could mean people are holding onto their Bitcoin instead of selling it, which tells me they’re in it for the long haul. And if more people want to buy Bitcoin but there’s less of it available, that could push the price up!
A Note of Caution!
But hold your horses, crypto cowboys! JPMorgan isn’t painting a picture of pure optimism just yet. They’re still exercising caution, acknowledging the inherent risks and volatility of the crypto market. However, their revised forecast indicates a growing belief in the market’s resilience and ability to bounce back.
It’s not just JPMorgan that’s showing confidence. Major institutional investors are still pouring money into crypto, and venture capital firms are actively investing in promising new projects. This demonstrates a firm belief in the long-term potential of the crypto space, despite the recent turbulence.
Now, let’s address the elephant in the room: Mt. Gox.
Now, I know what you’re thinking — what about that whole Mt. Gox situation? The recent payouts to those who lost money in that exchange collapse have some folks worried that there might be a massive sell-off, flooding the market with Bitcoin and driving prices down. It’s a fair point, and I’m keeping a close eye on it too.
But here’s the thing: I don’t think everyone who got paid out is going to rush to sell their Bitcoin immediately. Think about it — the price has skyrocketed since 2014 when Mt. Gox went under. Some folks might decide to hold onto their Bitcoin, hoping it’ll go up even more.
Plus, the way they’re releasing the Mt. Gox Bitcoin — slowly, over time — could actually be a good thing. It means the market can gradually absorb it instead of getting slammed all at once. This could prevent a sudden crash and lead to a more steady recovery.
So, yeah, challenges still lie ahead. But with JPMorgan’s prediction of a market recovery in August, and considering all the positive signs I’ve seen, I’m feeling cautiously optimistic. I believe we might be turning a corner, but I’m also keeping my eyes peeled, because let’s face it, the crypto world is always full of surprises!
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So, what do you think? Is August the month for a crypto comeback?
Share your thoughts and insights in the comments below!

rump’s all about crypto now, and that MAGA memecoin is reaping the benefits in a major way.
This thing has been on one heck of a rollercoaster lately, and it just took an even crazier turn after the whole assassination attempt on former President Trump.
I’m talking about a 64% price surge — the coin jumped from $6.31 all the way up to $10.36 in just 30 minutes. That sent the total market cap skyrocketing from $293 million to a cool $469 million.
Crazy, right? MAGA coin holders must have been popping the champagne after that explosive jump.

Source: CryptoNews
What’s behind this sudden spike?
The recent sharp increase in the price of MAGA coin seems to be caused by a few different factors:
Former President Trump has recently started supporting and promoting cryptocurrency more publicly.There is a lot of ongoing political turmoil and media coverage surrounding the former president, which appears to be driving increased interest and investment in MAGA coin.
You see, Trump’s campaign just announced they’re going to start accepting donations in major cryptos like Bitcoin, Ether, Dogecoin, and even Shiba Inu. This is a pretty big shift from Trump’s past crypto skepticism — he used to call Bitcoin “a scam” and rail against digital assets in general.
But now, with this new pro-crypto stance, it looks like Trump has given a serious boost to the MAGA memecoin. Even though it’s not officially affiliated with him, the MAGA coin has become a symbol of Trump’s brand. So investors are betting that his crypto endorsement will drive even more hype and speculative frenzy around these MAGA-themed digital assets.
Of course, the MAGA coin’s price has always been closely tied to the political fortunes of the former president. This thing has a habit of spiking in response to major events and developments in Trump’s orbit.
The assassination attempt was no exception. Trading volume on the MAGA coin skyrocketed 620% in the 24 hours after the incident, as traders rushed to place their bets. It’s clear this coin has become a proxy for speculation around Trump’s political future.
Prediction Markets See Trump Staging a Comeback

Source: The New York Times
And speaking of that political future, the MAGA coin surge was matched by a similar jump in Trump’s odds of winning the next election on prediction markets.
Over on the Ethereum-based Polymarket platform, Trump’s chances of victory leapt from 60% to 68% right after the assassination attempt. Overall, his odds of reclaiming the presidency now stand at 70% — a huge turnaround from just a few months ago when he was trailing both Biden and Harris.

Looks like the political betting crowd sees the assassination attempt as a potential boost for Trump’s electoral fortunes.
Other Meme Coins Getting in on the Political Action
Other crypto assets with strong political ties, like the MOG token, have also seen huge gains in recent days, even outperforming the mighty Dogecoin.
It just shows how the crypto market has become this bizarro world where digital assets are constantly being shaped by high-profile figures and events. Investors are basically gambling on how these coins will respond to the ever-shifting political winds. Crazy times, man.
So, Opportunistic or Genuine?
Now, Trump’s sudden crypto conversion is interesting in itself. After years of trashing digital assets, it’s a pretty big shift for him to start embracing them. Some folks argue it’s just an opportunistic attempt to harness the crypto craze for political and financial gain.
They worry that Trump’s endorsement of highly volatile and unregulated coins could put average investors at risk. But for the MAGA coin faithful, it’s validation of their faith in both the former president and the potential of blockchain-based assets. They see it as a sign that crypto is going mainstream, with even the biggest political players now jumping on board.
Who knows how this dynamic will play out in the long run. But one thing’s for sure — the blending of politics and crypto is getting more intense by the day, and the MAGA memecoin is right at the center of the action.

Proton, the people behind the super-secure Proton Mail, just launched their own Bitcoin wallet. And the best part? It's self-custody, meaning you have full control of your Bitcoin. 
Is it safe? Hmmm, let me break down why this is a big deal and what you need to know.

Proton Self-Custody Wallet

You might have heard the saying "Not your keys, not your coins." It's a core principle in the crypto, and it means that if you don't hold the keys to your crypto wallet, you don't truly own your crypto. But Proton Wallet just changed the game!
Unlike exchanges (where you technically just have an IOU for your Bitcoin), Proton Wallet gives you the keys to your Bitcoin. This means you're not relying on a third party to keep your funds safe. That's huge, considering the amount of Bitcoin that's been lost due to exchange hacks or collapses.
Don’t miss out on the latest wallet launches, memecoin airdrops and more! Follow @TheLuwizz on Substack for exclusive updates and financial advice you won’t find anywhere else — straight to your inbox for FREE!
Proton’s Solid Security Features
Proton has a solid reputation for security, and they're bringing that expertise to their wallet.
Sending Bitcoin Made Easy
Sending Bitcoin can be tricky, and mistakes are irreversible. Proton Wallet lets you send it using email verification, making it less likely you'll send to the wrong address. Plus, everything is secured with strong encryption to keep your transactions safe.
Buy Bitcoin Globally
Whether you're in Japan or anywhere else, Proton Wallet makes it simple to buy Bitcoin from 150+ countries with your credit card or bank transfer. It's especially convenient for smaller purchases.
Your Privacy Matters
Proton Wallet creates a bunch of different Bitcoin addresses for you. Every time you receive Bitcoin through email, a new address is used. This makes it super hard for anyone to track your Bitcoin activity. And since Proton is based in Switzerland, your data is protected by some of the toughest privacy laws in the world.
Transparency & Security
Proton Wallet's code is open source, which means experts can check it for any security issues.
Top-Notch Protection
Proton Wallet has a smart security system called Proton Sentinel. It combines machine learning with human oversight to keep your account safe, even if someone steals your login information.
Real Support, Anytime
Have a question? Need help? Proton Wallet has real people available 24/7 to assist you with anything you need.
And if you're worried about losing your keys, don't be. Proton has robust recovery methods, so you won't get locked out of your Bitcoin stash.
Should You Use It?
Proton's been around since 2014, and they've got a great track record when it comes to privacy and security. They're not some fly-by-night crypto company – they've been building solid, open-source tools for years.
Plus, they're based in Switzerland, a country known for strong privacy laws. So you can be confident that your data, including your Bitcoin transactions, is well-protected.
So, if you're looking for a secure and user-friendly way to hold your own Bitcoin, Proton Wallet is definitely worth checking out. I'm excited to see what they do next!
Let me know if you have any questions or thoughts in the comments below!

Wondering why Bitcoin’s price skyrocket at times, only to experience sudden dips? The answer lies in a pattern known as the Bitcoin Power Law.

This intriguing concept holds the key to understanding Bitcoin’s meteoric rise and its potential for future growth. Don’t worry if it sounds a bit intimidating — I’ll break it down in simple terms, making it easy for even the newest Bitcoiners to grasp.
Whether you’re a seasoned investor or just curious about this digital gold rush, understanding this pattern will give you helpful insights into Bitcoin’s past performance and its potential for future growth.
But before that, make sure you follow me on Substack @TheLuwizz for exclusive updates and financial advice you won’t find anywhere else — straight to your inbox for FREE!
What’s the Bitcoin Power Law in Simpler Terms?
Imagine you’re watching a rocket launch. At first, it moves slowly, but as it climbs higher, it gains speed rapidly.
The Bitcoin Power Law suggests that Bitcoin’s price follows a similar pattern over time. It doesn’t go up in a straight line; instead, it grows exponentially.
Think of it like this: In the early days, Bitcoin was worth pennies. Then, it grew to dollars, then hundreds, thousands, and so on. The key here is that the price doesn’t just double or triple — it multiplies by a much larger factor as time goes on.
Why Does This Matter?
Understanding the Bitcoin Power Law helps us see the bigger picture of Bitcoin’s potential. If the price keeps following this pattern, it could reach astonishing heights in the future. It also helps us understand why Bitcoin’s price seems to be so volatile.
Remember the rocket analogy? It has its ups and downs, but the overall trajectory is upward.
Real-World Examples of Bitcoin Power Law
I’ve witnessed the Bitcoin Power Law firsthand, watching it play out in real time as Bitcoin’s price has soared over the years. Let me share some specific examples that illustrate how this phenomenon has unfolded:
2010: The Early Days
Back in 2010, Bitcoin was a niche currency, valued at less than a dollar. It was primarily used by tech enthusiasts and early adopters.I remember buying a few Bitcoins out of curiosity, not knowing what the future held.
2013: A Glimpse of Potential
By 2013, Bitcoin had started to gain traction, reaching a peak of around $1,200. This was a major milestone, attracting attention from mainstream media and investors. I was amazed by the price increase and realized that Bitcoin had the potential to become something much bigger.
2017: The Rocket Takes Off
In 2017, Bitcoin experienced a parabolic rise, reaching almost $20,000. The excitement was palpable as more and more people jumped on board the Bitcoin train. I watched in awe as my initial investment multiplied exponentially, confirming the power law’s effect.
2021: Breaking New Ground
Bitcoin’s ascent continued, reaching an all-time high of over $64,000 in 2021. This unprecedented surge solidified Bitcoin’s position as a major asset class and attracted institutional investors. I was thrilled to see the power law manifest once again, with the price more than tripling compared to its 2017 peak.
2022: The Bear Market
In 2022, Bitcoin, along with the broader crypto market, experienced a significant downturn. Prices plummeted from their 2021 highs, testing the resolve of many investors. However, for those who understood the cyclical nature of Bitcoin and the power law, this was seen as a temporary setback in a long-term growth trajectory.
2023: Signs of Recovery
As 2023 progressed, Bitcoin showed signs of recovery, with prices gradually climbing back up. While not as dramatic as previous bull runs, this steady increase suggested that the power law might still be in effect, albeit with a slower pace of growth.
Now Bitcoin has continued to show resilience, with its price reaching the $73,000 mark. However, due to different market conditions, we are currently seeing a downward trend. But the fact that it has held its value despite market fluctuations is a testament to its underlying strength and the potential for future growth.

Notice how the price jumps are far from uniform. The difference between $1 and $1,200 is substantial, but it pales in comparison to the leap from $20,000 to $64,000..
This non-linear growth pattern is the heart of the power law. The gains don’t just add up; they multiply, leading to increasingly significant price increases over time.
If you’re a visual learner, looking at graphs and charts can be incredibly helpful. A logarithmic chart of Bitcoin’s price history clearly demonstrates the power law. The line isn’t straight; it curves upward, representing the exponential growth. You can find many such charts online to see this phenomenon firsthand.
My Key Takeaways
Getting into cryptocurrency early is essential. Those who invested early have reaped huge rewards as prices have skyrocketed.Bitcoin’s price doesn’t always go up steadily. It’s known for its volatility, with periods of sharp drops and consolidations.The cryptocurrency market’s price discovery process is natural. Bitcoin’s current situation is a normal part of this process.The power law suggests Bitcoin’s future potential. If the pattern continues, we could see even more incredible price surges in the coming years.
Note: The Bitcoin Power Law is a model, not a guaranteed prediction. Numerous factors influence Bitcoin’s future, so skepticism and research are essential before making investment decisions.
In Summary
The Bitcoin Power Law tells us that Bitcoin’s price tends to grow exponentially over time. This doesn’t guarantee endless upward movement, but it suggests that the potential for growth is substantial. By understanding this concept, you gain a deeper understanding of Bitcoin’s past performance and its potential future trajectory.
Remember, the power law isn’t about complex calculations — it’s about grasping the big picture and understanding how Bitcoin’s price has historically behaved. This knowledge empowers you to make more informed decisions in the exciting world of cryptocurrencies.

Once again internet humor meets cryptocurrency with these 3 biggest memecoin projects vying for the top position this 2024!

2024 has already seen its fair share of memecoin madness, but July is shaping up to be the month of legendary launches. Three memecoins, in particular, have been generating massive buzz, captivating communities, and showing the potential to skyrocket in value.

In this blog, we'll dive into the top 3 memecoin contenders that exploded onto the scene this July. I am so excitd for this! Join me as we learn more about the story behind their creation, the communities fueling their hype, and the factors that could make them the next big thing in the memecoin universe. 
What are Memecoins?
But first, let’s take a quick refresher’s course. Memecoins are a type of cryptocurrency that are often inspired by internet memes, jokes, or popular online trends. 

Unlike traditional cryptocurrencies like Bitcoin or Ethereum, which are designed with specific use cases or technologies in mind, memecoins typically start as lighthearted jokes or community-driven projects.
Should you Invest in Memecoins?
Memecoins have caught my eye with their potential for huge returns due to their extreme volatility and low entry barriers. Who wouldn't be tempted by the chance of turning a small investment into a fortune? 

The communities are hilarious and always buzzing, which makes the whole thing feel like more of a game than an investment And the fact that some projects are developing real-world applications adds another layer of intrigue, suggesting that memecoins could have staying power beyond the initial hype. 
But yeah, the risks are real – prices can go crazy, and there are definitely scams out there. It's a wild ride, but the potential payoff is just too exciting to ignore.
3 Biggest Memecoins Coming Out This July 2024
Tequila Token
¡Hola, amigos! It's Tequila Token time! 🍹🚀
Adiós boring investments! Tequila Token is the only cryptocurrency that will make others look better!
Why I'm raising a glass to Tequila Token:
First and foremost, the key features of this project are simply unbeatable. From the vibrant, tequila-loving community to the engaging "Burn Fiesta" and "Happy Hour Rewards" programs, Tequila Token is all about bringing the magic of tequila (the liquid gold) to the crypto space. And the exclusive tequila-themed NFT collection? Wow, talk about a unique twist!
But the best part? Tequila Token is partnering with renowned global tequila manufacturers, giving it instant market credibility. As the token grows in popularity, $TEQ will also support smaller tequila brands, boosting their visibility and promoting cultural appreciation for tequila's heritage. 
I mean, what could be better than combining the world of crypto with the rich history and celebration of tequila? It's a match made in heaven!

Road Map
And let's talk about the roadmap - the Tequila Token team has it all figured out. 
First Shot: The Fiesta Begins

Right now, we're in the presale phase, where you can secure your spot in the Tequila Token revolution. There's a max contribution of 200 SOL per address, so don't miss out on this chance to get in early!
Soon, you'll be able to trade $TEQ on decentralized exchanges (DEXs), where the real fiesta begins. We're also getting listed on CoinMarketCap and CoinGecko, which means the whole world will know about Tequila Token.
And don't forget the Social Media Burn: the more you engage, the more tokens we burn, making your investment even more valuable.

Second Shot: Feeling the Excitement
Here  $TEQ is hitting the big leagues with listings on top centralized exchanges (CEXs). This means more liquidity, more visibility, and more opportunities for your investment to grow.
But that's not all! They’re launching staking and burning mechanisms, where you can earn rewards for holding your $TEQ and participate in burn events to boost the value of your tokens. And the party favors keep coming with an Airdrop Fiesta, where holders of $TEQ will receive surprise airdrops just for being part of the community.
Plus, don't forget to check out their unique tequila-themed NFT collection. These aren't just any NFTs; they're your ticket to exclusive perks and experiences within the Tequila Token ecosystem.
Third Shot: Party in Full Swing
Raise a glass for the third shot! $TEQ secure listings on the biggest and baddest tier-1 centralized exchanges, making Tequila Token accessible to crypto enthusiasts everywhere.
But that's just the tip of the iceberg. They’re forging HUGE partnerships with global brands and celebrities, bringing Tequila Token to the mainstream. Get ready to see $TEQ on billboards, in commercials, and even at your favorite tequila bar.
And while we're partying, they’re  also giving back. I love how the  charity initiatives are in full effect, funding global campaigns and making a real difference in the world.
Final Shot: The Ultimate Fiesta
I'm already planning my route and packing my bags. Who knows what treasures await us around the globe? And I'm so looking forward to the exclusive community events, both online and in person. It'll be amazing to meet my fellow tequila-loving crypto enthusiasts and share our passion for Tequila Token.
But the ultimate thrill? The chance to become part of the tequila production process! Imagine owning a piece of the action and seeing my investment grow beyond just the token itself. It's a dream come true for any tequila aficionado.

Tokenomics
Tequila Token's tokenomics are designed to ensure fair distribution and a robust ecosystem:
Total Supply: 50,000,000,000 $TEQ tokensDevelopment Fund: 2500000000 $TEQ (5.00%)Marketing & Partnerships: 5000000000 $TEQ (10.00%)Liquidity: 17500000000 $TEQ (35.00%)Community & Ecosystem: 7500000000 $TEQ (15.00%)Presale: 17500000000 $TEQ (35.00%)
So, what are you waiting for? Grab your sombrero, join the fiesta, and let's take Tequila Token to the moon. The presale is happening now, with a cap of 200 SOL per address. It's your chance to get in early and be part of the Tequila Token revolution!
Check the presale here!
2. WienerAI

At first glance, you might think it's all fun and games with its hilarious sausage-y design and the whole dog-meme vibe. But trust me, there's serious tech behind this bark.
WienerAI isn't just another cute face in the crypto crowd. It's the native token of a groundbreaking AI-powered trading bot. This bot isn't just some gimmicky tool; it's designed to be your ultimate trading companion, using cutting-edge predictive technology to analyze the market and sniff out the best opportunities.
What really gets my tail wagging is how user-friendly it is. Even if you're new to crypto WienerAI's interface makes it easy to understand and navigate. 
And the best part? No fees! WienerAI doesn't charge a penny for its services. That’s a loyal doggo who's always got your back, with no strings attached.
But wait, there's more! WienerAI is building an army of loyal fans, affectionately known as the Sausage Army. It's a community of passionate traders who are all in on this revolutionary project. The excitement is palpable, and the presale has already raised a whopping $7.3 million! But here's the kicker: the presale ends on July 31st, so you've got to act fast.

Wiener Tokenomics
Now let's talk about Wiener Tokenomics—the backbone of this delicious digital asset!

30% - Presale20% - Staking20% - Community Rewards10% - DEX/CEX Liquidity20% - MarketingToken Supply: 69.000.000.000
Wiener Roadmap
WienerAI's master plan involves a three-step process: initial preparation with a contract audit, presale launch, and marketing campaign; followed by growth through community expansion and influencer partnerships; and finally, the launch of the $WAI token on global exchanges and the release of an AI-powered crypto trading bot.
How to Buy Wiener
Step 1: Connect Your Wallet- First things first, connect your MetaMask (or any other compatible wallet) to the WienerAI website. It's as easy as clicking the widget at the top of the page. Once you're connected, you'll be able to buy $WAI tokens using ETH, BNB, MATIC, USDT, or even your trusty bank card.
Step 2: Fund Your Purchase- If you're short with crypto, just deposit some ETH, BNB, MATIC, or USDT into your wallet. No crypto? No problem! Use the handy "Card" option to buy straight with your bank card.
Step 3: Swap Tokens For $WAI- Here comes the fun part! Head over to the buy widget, choose how many $WAI tokens you want, and authorize the transaction in your wallet. Just remember to leave enough ETH, BNB, or MATIC in there to cover those pesky gas fees.
Step 4: Stake $WAI to Earn $WAI- Congratulations, you're officially part of the Sausage Army! Now put it to work! Head to the "Staking" section and stake your tokens right away to take advantage of those insanely high APYs. 
Check out presale here!
3. PlayDodge
Completing our set of 3 biggest meme projects this July 2024 is PlayDodge! 
I believe PlayDoge is one of the best memecoins to invest in this July because it offers a unique blend of nostalgia and innovation. As a play-to-earn (P2E) token, it allows users to relive the 90's Tamagotchi craze while earning real cryptocurrency rewards.
I'm particularly excited about the PlayDoge mobile game, which lets me nurture my own virtual Doge pet. By feeding, playing, and training my Doge, I can earn $PLAY tokens, which I can then use to unlock special features and rewards within the game. 
What sets PlayDoge apart is its strong community and successful presale. The project has already raised millions of dollars, demonstrating its potential for growth and long-term success. I believe PlayDoge has the potential to become a major player in both the memecoin and P2E gaming sectors.
Play Dodge Road Map

Additionally, the PlayDoge team is dedicated to transparency and security. The $PLAY token contract has been audited, and the project adheres to industry-standard security practices. This gives me confidence in the project's legitimacy and commitment to protecting its investors.
PlayDodge Tokenomics

You'll be able to claim your $PLAY tokens as soon as the PlayDoge presale is over. Just use the same wallet you used to buy them, and you'll be able to access them on the BNB Chain.
Check out the presale here!
Conclusion
Get ready for the memecoin frenzy to go wild in 2024! Established players are stepping up their game, but don't count out the rising stars that are quickly gaining traction. Just remember, memecoins can be a wild ride, so do your homework before jumping in.
The best memecoins of 2024 are more than just a good laugh – they're a blend of community, potential profit, and a reminder of how internet culture is shaping the future of digital assets.

Are you interested in Crypto Airdrops? Read this first!
The cryptocurrency industry is facing a heightened phishing threat following a potential security breach at a prominent email list provider used by many crypto companies. This warning comes from Paolo Ardoino, the CEO of Tether, a leading issuer of stablecoins.
On June 5th, Ardoino raised the alarm on a social media platform (formerly known as Twitter) about a potential compromise affecting a major crypto email list vendor.
While details remain scarce, Ardoino received reports suggesting unauthorized access to this critical service provider, raising concerns about a potential supply chain attack.
What are the Supply Chain Attacks in Crypto?
A supply chain attack is a cunning cybercrime tactic that uses the vulnerabilities of third-party services relied upon by a target entity.
In this instance, hackers might have infiltrated the email list provider, gaining access to a vast network of crypto firms’ email lists. This indirect method allows attackers to bypass individual company defenses and reach a wider audience.
With this potential breach in mind, Ardoino urged users to exercise extreme caution regarding any emails received in the past 24 hours, particularly those promising crypto airdrops.
Airdrops are a common marketing strategy within the crypto space where new or existing projects distribute free tokens to generate interest. However, in this case, such airdrop promises could be a clever disguise for phishing scams.
How Are Crypto Firms Taking Action?
Following Ardoino’s warning, several crypto-related firms swiftly issued alerts to their user base, highlighting the potential threat of phishing links embedded within compromised emails.
CoinGecko, a popular cryptocurrency data platform, acknowledged the ongoing email breach through a statement from Bobby Ong, the co-founder and COO. CoinGecko warned users about potential phishing campaigns exploiting the compromised vendor’s system. These attacks might involve emails promoting fake token launches associated with CoinGecko.
ng advised users to avoid clicking links related to a fraudulent “CoinGecko token.” CoinGecko also confirmed active collaboration with their email vendor to investigate the breach’s extent and determine the impact on users.
Tips to Protect Yourself from Phishing Attacks
With the potential for a widespread phishing campaign targeting the crypto industry, here are some important steps you can take to protect yourself;
Maintain vigilance: Be careful of any unsolicited emails, especially those offering free crypto or promoting new token launches.Verify sender legitimacy: Always double-check the sender’s email address for inconsistencies. Legitimate companies won’t send emails from suspicious or generic addresses.Avoid clicking suspicious links: Never click on links within emails unless you are absolutely certain of their authenticity. Manually navigate to a company’s official website to access any relevant information.Beware of urgency: Phishing emails often create a sense of urgency to pressure recipients into taking rash actions. Trustworthy companies will not pressure users into making financial decisions.Strong passwords: Utilize strong, unique passwords for all your online accounts, particularly those related to cryptocurrency holdings.Multi-factor authentication: Enable multi-factor authentication (MFA) on all your crypto exchange and wallet accounts. This adds an extra layer of security by requiring a secondary verification code in addition to your password during login attempts.
The investigation is still ongoing, but that shouldn’t stop you from staying guarded! This whole thing is a good reminder that cyber threats are like roaches — always evolving. So, stay vigilant!
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Go from $5,000 into $5 Million when you buy these 3 cryptos!
Remember the crazy rally at the beginning of the year? It all fizzled out after the Bitcoin halving event in April, with prices stalling. Bitcoin itself went from an all-time high near $74,000 to settle around $70,000, trading sideways for months. Most other cryptos followed suit.
Experts predict a hot streak is coming, with the market testing record highs again. Lower interest rates and the launch of spot Ethereum ETFs are expected to be the top factors that could change the entire crypto sector forward.
Now, you might be wondering: how can I use this potential boom and turn my $5,000 into a life-changing $5 million? Here are three cryptos I have my eye on for this June edition.
Binance Coin (BNB)
Binance Coin (BNB), the token issued by the world’s largest cryptocurrency exchange, has been on a tear this year. It recently smashed its all-time high, doubling in value and reaching a staggering $711. Over the past year, it’s gained a whopping 172%, solidifying its position as the fourth-largest cryptocurrency by market capitalization (over $100 billion).
This impressive rise comes amidst some interesting news surrounding Binance itself. The exchange’s founder, Changpeng Zhao (CZ), recently began a prison sentence for violating financial regulations in the US. Despite this, Binance Coin continues to surge, reflecting the overall strength of the exchange and its growing user base.
It’s important to note that Binance remains a private company, so you can’t directly invest in its stock. However, by investing in BNB, you’re essentially betting on the continued success of the Binance platform. With the broader crypto market bouncing back, BNB seems to be well-positioned for further growth.
Bitcoin (BTC)
Bitcoin might have taken a breather after its March high, but it’s far from out of the game. Its influence on the entire market remains undeniable. While the price pulled back, it seems to be gathering momentum again, thanks in large part to the popularity of spot BTC ETFs.
Retail investors, ever enthusiastic about Bitcoin, are pouring money into these ETFs. BlackRock’s iShares Bitcoin Trust, for example, recently surpassed a staggering $20 billion in assets under management. This massive pool of capital directly impacts Bitcoin’s price.
There are already over a dozen spot Bitcoin ETFs available in the US, but BlackRock’s offering has emerged as the clear leader. Data shows that Bitcoin ETFs collectively attracted $2.4 billion in fresh capital during May, making it one of the top performers in the entire ETF market.
BlackRock’s ETF alone holds nearly 300,000 Bitcoins, valued at over $20 billion. Continued inflows into these funds could significantly support Bitcoin’s price going forward.
Ethereum (ETH)
Ethereum, the second-largest crypto, has been a hot topic lately, especially after the SEC greenlit spot Ether ETFs. This means big investment firms can now directly invest in Ethereum through these exchange-traded funds.
According to asset manager CoinShares, institutional investors have been snapping up Ethereum at an impressive rate, the fastest since March this year. This surge in institutional interest is a major vote of confidence for Ethereum’s future. Analysts are even predicting a price surge to $10,000 within the next year!
The positive vibes don’t stop there. Cryptocurrency investment products have seen significant inflows recently, with over $4 billion pouring in over the past month. Much of this is likely due to the upcoming spot Ether ETFs, with the first ones expected to launch by the end of June. Major players like VanEck, Fidelity, ARK Invest, and BlackRock are all lining up to offer these ETFs, further legitimizing Ethereum in the eyes of mainstream investors.
Here’s the cherry on top: Ethereum is already up an impressive 56% in 2024. With all this momentum and institutional backing, Ethereum could be a great choice for your crypto portfolio.
So, Should You Buy These Cryptos This July?
While turning $5,000 into $5 million requires a significant amount of luck and market volatility, these three cryptos have the potential to offer impressive returns. So, there’s a surefire fact that they will not disappoint you when you buy them this month.
Remember, this is not financial advice, and you should always do your own research before investing in any cryptocurrency. The crypto market is inherently risky, so invest only what you can afford to lose.
However, with the right strategy and a bit of luck, who knows? Maybe your crypto dreams will turn into reality. Go get that 5m.!

Follow me on Substack at TheLuWizz (@theluwizz) for exclusive news delivered straight to your inbox.
For a slice of my digital nomad life, feel free to tune into my YouTube channel: (@theluwizz)
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Remember the struggle of complicated airdrops that benefit a select few? ZKSync might have just flipped the script.
This massive token distribution is causing a stir, but is it all hype, or are we looking at the biggest airdrop ever? Let’s see!
ZKSync is Beyond a Mere Airdrop
First, Airdrop 101: An airdrop is a crypto project’s way of distributing free tokens to user wallets. It’s a marketing tactic to raise awareness and incentivize early adoption.
Yes, it was massive. But ZKSync is far more than just free tokens. It’s an ever-expanding verifiable blockchain network, secured by the power of mathematics. Think of it as a network of high-performance ZK chains, scalable and secure, all working together seamlessly.
ZKSync understands user pain points. Gone are the days of complex seed phrases and constant hacking worries. They offer one-tap onboarding with FaceID/Passkeys, making it user-friendly and secure. Plus, they automatically create modular smart accounts, essentially giving you a universal key to access all ZK chains — a game changer for a smooth user experience.
That’s a project anyone would love! and….
For the latest updates on ZK, follow TheLuWizz (@theluwizz) on Substack ! I’ll share exclusive updates on the latest airdrops and price predictions so you’ll be the first to know of what’s in!
The Numbers Don’t Lie
Top claimers have already cashed out over $113 million worth of $ZK, and a significant portion of the top 10,000 wallets have completely exited their positions. While this may seem concerning to some, I see it as a sign of strength.
In my opinion, these sell-offs indicate that the last of the speculators and short-term holders have cleared out, leaving only the true believers and long-term supporters in the $ZK ecosystem. And with the growing support from influential DeFi projects like Holdstation, SyncSwap, and Orbiter Finance, the demand for $ZK is set to skyrocket in the months and years to come.
The airdrop criteria were no joke, effectively weeding out sybils while still rewarding legitimate users with life-changing amounts of the $ZK token. They ignored the FUD (fear, uncertainty, and doubt) and dared to be different. Unlike airdrops that enrich a handful of whales, ZKSync focused on real users and crushed sybil attacks. The result? A chance for many to secure life-changing money.

This is the kind of bold, community-centric approach that I absolutely love to see in the crypto space.
What’s the Price Prediction?

Source: GeckoTerminal.com
Predicting the exact price is a fool’s errand, but the potential for a $10 million market cap seems achievable.
Previously, we have observed how the ZK price just jumped 9% in a day, reaching $0.2230. That’s good news, but trading volume is down significantly. This could indicate a temporary pump. There were concerns about the airdrop with some folks worried the lack of anti-sybil measures allowed some manipulation.
The good news? ZK recovered from a big dump after the airdrop and formed a bullish pattern. This suggests buying pressure. However, the token is struggling to break past the $0.2369 resistance zone. If it can’t, we might see a pullback to the $0.2161 support level, which coincides with the 50-day moving average.
Another thing worth catching at is the RSI momentum indicator. It is bouncing back, suggesting a potential breakout. If bulls can maintain control and push through the pennant pattern, ZK could surge towards the overbought zone.
Overall, the short-term ZK price analysis is bullish. The pennant pattern favors an upward move. However, keep an eye on that resistance level and trading volume. If either falters, we could see a correction.
So, Was it the Biggest Airdrop?
The jury’s still out on “biggest,” but it’s definitely a contender. While some may argue Arbitrum holds the crown, ZKSync’s approach was unique and user-centric. However, some legitimate users with limited on-chain funds did miss out, which is understandable.
The community is strong, and the technology is sound. ZKSync is more than just a meme; it’s a force to be reckoned with.
Stay tuned, folks. The ZKSync story is just beginning!
Thanks for journeying with me on this article. Let’s keep this journey going, shall we? You can check out my monthly newsletter here for more in-depth reflections.

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How can crypto become a stable store of value, if even governments can’t decide what to think of it?

As a long-time Bitcoin investor, I’ve been closely following the German government’s recent activities in the crypto markets — and I have to say, I’m deeply concerned.
The government’s erratic strategy of selling and then suddenly buying back billions in Bitcoin has me worried about the future of this digital asset.
It’s confusing. They keep flip-flopping — one minute they’re dumping a ton of Bitcoin on the market, crashing the price, and the next they’re buying back hundreds of millions worth. This kind of unpredictable behavior is a nightmare for Bitcoin.

After all those big Bitcoin sales recently, the German government just went on a buying spree. They grabbed 1,915 BTC, worth over $111 million, from Kraken, Bitstamp, and Coinbase. This is a complete U-turn after weeks of selling that roiled the market and left everyone wondering what their crypto strategy even was.
Update: Ugh, not again! The German government just moved another 5,200 Bitcoin to exchanges, which is about $297 million worth. This is definitely not calming the markets down any.

This sudden buyback is getting everyone talking again, with Bitcoin investors feeling more optimistic worldwide.
But before that, make sure you follow me on Twitter and Substack @TheLuwizz for more exclusive updates and financial advice you won’t find anywhere else — straight to your inbox for FREE!
But is this really a good reason to be optimistic? I don’t think so. Here’s why:
Potential for Market Manipulation
It’s not just about confusion, though. Because they have such a massive pile of Bitcoin, their trades have a huge impact on the market. Every time they sell, the price plummets, and vice versa. This makes me worry about manipulation — whales, whether governments or individuals, shouldn’t be able to artificially control Bitcoin’s value. Bitcoin’s whole thing is that nobody’s in charge, it’s supposed to be decentralized.
If a small group ends up with too much control, it goes against everything Bitcoin stands for.
Eroding Public Confidence
Honestly, the most concerning part is how this is eroding public trust. People look to governments for stability, not to stir up chaos in the markets. If even the German finance ministry can’t figure out what to do with Bitcoin, how can regular people be expected to feel confident about it?
This lack of faith could seriously hurt Bitcoin’s chances of ever being widely adopted.
Meanwhile, while Germany fumbles around, other countries are probably looking at Bitcoin strategically. The US could be figuring out how to use it to boost their economy, leaving Europe in the dust. This could have a domino effect, impacting the entire global crypto market.
Learn how to spot market manipulation and how you outsmart it to not lose your hard earned crypto money! Follow me on Substack @TheLuwizz for exclusive crypto updates you won’t find anywhere else — for FREE!
Potential for Market Manipulation
With the sheer size of the German government’s Bitcoin holdings, their trades have an outsized impact on the market. When they sell, prices plummet, and when they buy, prices spike.
This raises serious concerns about market manipulation and the ability of whales, whether individuals or governments, to artificially influence Bitcoin’s value.
Bitcoin is all about nobody being in charge. It’s supposed to be spread out across everyone who uses it. If a small group ends up with a lot of control, it goes against what Bitcoin is all about in the first place.
A Missed Opportunity for Europe??
Meanwhile, while Germany fumbles around, other countries are probably looking at Bitcoin strategically. The US could be figuring out how to use it to boost their economy, leaving Europe in the dust. This could have a domino effect, impacting the entire global crypto market.
But we need to be hopeful! Joana Cotar, a member of parliament, is speaking out against the sales, calling them “counterproductive.” She’s even inviting government officials to learn more about Bitcoin with an expert. This kind of public pressure could be exactly what we need to get them to stop these fire sales.

There’s also a potential solution brewing! Justin Sun, the founder of Tron, wants to work out an off-market deal with the Germans. This could stabilize the price and be a win-win for everyone.
Listen, things aren’t perfect, but at least there’s movement now. Maybe, just maybe, they’re starting to see the bigger picture here. This could be a turning point for Bitcoin in Germany, and that’s something to be optimistic about!
Thanks for journeying with me on this article. Let’s keep this journey going, shall we? You can check out my monthly newsletter here for more in-depth reflections.
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Why is Bitcoin dumping?? I know, I know. It is supposedly prime time for Bitcoin to soar up! But why are we seeing the opposite?

The past week has been a wild ride for Bitcoin. Prices plummeted from a high of $71,000 to a current low of $57,000, marking a significant 20% drop – the steepest we've seen in a while. 
Just like you, as a Bitcoin investor myself, I wanted to delve into the reasons behind this and for my own peace of mind (and for you too!) also lead what the future holds for the world's most popular cryptocurrency.
But before that, make sure you follow me on Twitter and Substack @TheLuwizz for more exclusive updates and financial advice you won’t find anywhere else—straight to your inbox for FREE!
Spot Bitcoin ETF Outflows ‘Double-Edged Sword’
The introduction of Spot Bitcoin ETFs in early 2024 was a watershed moment for Bitcoin. These exchange-traded funds directly hold Bitcoin unlike traditional ETFs. This innovation opened the door for institutional giants like hedge funds and pension funds to enter the cryptocurrency market without the complexities of managing their own Bitcoin wallets or facing custody risks.
It was a win-win! These big players poured money in, with Spot Bitcoin ETFs gobbling up  5% of all Bitcoin. That surge in demand was a major reason prices skyrocketed in the first half of the year.

But lately, things have gotten weird. I've been watching these ETFs and there's a concerning trend – outflows.  A lot of investors are pulling their money out.  
Why the sudden change of heart?  It could be a combination of factors.  Maybe the recent price swings are making some folks nervous, or perhaps the lack of clear regulations around crypto from the SEC is giving them cold feet.  There's also a chance they're chasing better returns elsewhere.  Whatever the reason, these outflows are a double whammy for Bitcoin's price.
First, there's the immediate impact of selling. When investors redeem their shares, the ETF has to sell its Bitcoin holdings to pay them back. This throws extra selling pressure onto the market, potentially pushing prices down, especially if the outflows are significant. 
Second, these outflows can be seen as a loss of confidence from the big boys.  Remember how excited everyone was when Spot Bitcoin ETFs launched?  That initial rush of money was a key reason prices went up.  Now, with everyone pulling out, it looks like these institutions might be getting spooked.  
So, what does this all mean for Bitcoin?  Well, the short-term outlook is a bit shaky.  The good news is that Spot Bitcoin ETFs are still a new thing, and the long-term impact on Bitcoin's price remains to be seen.

The Resurgence of Mt. Gox
Just when you think you've seen it all in crypto, Mt. Gox comes shuffling back from the grave.  Remember that devastating hack in 2014?  Well, guess what? The undead exchange is back, and they're planning to repay their creditors with a whopping 142,000 Bitcoins – that's 0.68% of the total supply, a pretty significant chunk.
Now, this should be good news, right?  Repaying those who lost their coins all those years ago. But honestly, a shiver runs down my spine.  These creditors haven't seen their Bitcoin in almost a decade.  A decade! 
Who knows what their financial situation is now?  Will they hold onto their newfound fortune, or will they be tempted to cash out and move on?
The uncertainty is like a dark cloud hanging over the market.  The potential for a massive sell-off from these Mt. Gox creditors is a big worry, and it could send Bitcoin prices plummeting.  We've seen this kind of thing happen before – a sudden influx of coins flooding the market, leading to increased volatility and a downward spiral.
Here's hoping these creditors make smart decisions, but man, this Mt. Gox situation is a major wild card in the whole Bitcoin slump.  It's definitely a factor that's going to keep me on the edge of my seat in the coming weeks.
Miner Capitulation ‘Hangover Halving’
This miner situation is another real head-scratcher. Remember the Bitcoin halving back in April? The one that chopped miner rewards in half, from  6.25 BTC per block to a measly 3.125 BTC? Well, that was supposed to be a bullish signal – a supply squeeze that would send prices soaring.  Miners were expecting the price to compensate for the reduced rewards.
But here's the rub: the price didn't magically skyrocket.

It's stayed stubbornly flat, leaving many miners in a bit of a bind. Mining Bitcoin is an energy-intensive business, and those electricity bills don't exactly disappear. For some miners, especially those with less financial buffer, this is turning into a brutal equation – lower rewards, stagnant price, sky-high operating costs. The only way out for some is to sell off their Bitcoin holdings just to stay afloat.
This miner capitulation, as it's called, is definitely adding fuel to the current selloff. It's a bit of a self-fulfilling prophecy, really. Miners sell because the price isn't rising, and the price struggles to rise because of the additional selling pressure from miners. 
It's a tough spot to be in, and it's definitely a factor I'm keeping a close eye on. Will more miners be forced to capitulate? Or will the price finally break free and give them some breathing room? Only time will tell.
German Government Sell-Off

Now, this one's a real head-scratcher. The German government, a known Bitcoin holder, has been making some strange moves lately.  On-chain data shows a flurry of activity in their wallets, with around 2,700 BTC being transferred to cryptocurrency exchanges like Bitstamp, Coinbase, and Kraken in just two weeks.  400 Bitcoin here, 300 Bitcoin there – it adds up quickly.
The million-dollar question: why? The German government is keeping their cards close to their chest. 
Are they planning a full-blown fire sale and dumping a significant chunk of their Bitcoin holdings? 

That would definitely put downward pressure on the price and send shockwaves through the market.  Or maybe it's something less dramatic – internal portfolio rebalancing, or perhaps just some routine exchange maintenance.
Whatever the reason, this ambiguity is not helping.  The lack of transparency from the German government is fueling speculation and adding to te current market volatility.   Are they friend or foe in this whole Bitcoin situation?  Only time will tell what their next move is, and how it will impact the price.  One thing's for sure, I'll be watching this space closely.
The Fed's Tightened Interest Rates Grip
The Federal Reserve's recent decision to hold off on interest rate cuts is another wrinkle in this whole Bitcoin slump. 
Here's the deal: historically, Bitcoin has performed well when interest rates are low. That's because low rates make those safe-haven fixed-income investments, like government bonds, a little less attractive. Investors looking for higher returns then tend to turn to riskier assets like Bitcoin.
So, when the Fed hinted they won't be cutting rates anytime soon, it wasn't exactly music to Bitcoin's ears. It removes a potential catalyst that could have driven prices up. Now, don't get me wrong, the Fed might budge on rates later this year, but that uncertainty is hanging over the market like a storm cloud. Investors who were waiting on the sidelines for a rate cut to jump up might be staying put for now.
This whole interest rate situation is a complex dance between the Fed, inflation, and investor sentiment. It's definitely a factor I'm following closely, because a change in the Fed's stance could significantly impact Bitcoin's trajectory. 
Will they budge on rates to cool inflation?
 Or will they stay firm and risk a potential recession?
So, is this a buying opportunity? 
It's easy to get caught up in the negativity, but let's not forget there are some glimmers of hope out there.
Big companies are hodling strong, some even buying more. Retail investors are energized by the "buy the dip" mantra, seeing this as a potential entry point. The possibility of future rate cuts by the Fed could make Bitcoin more attractive again. 

And don't forget the upcoming US elections – a crypto-friendly candidate like Trump could mean clearer regulations, a major positive for the entire market. 

So, while the short-term outlook might be shaky, there are potential bright spots on the horizon for Bitcoin.

Thanks for journeying with me on this article. Let’s keep this journey going, shall we? You can check out my monthly newsletter here for more in-depth reflections.
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Image if you could ditch the expensive cell service plans and unreliable Wi-Fi connections. What if, instead, you could tap into a global network powered by everyday people and their devices?

This is the ambitious vision behind DePINs, or Decentralized Physical Infrastructure Networks.
DePINs are a revolutionary new concept that leverages blockchain technology to create a more democratic, efficient, and frankly, way cooler, way to manage physical infrastructure.
But what exactly is DePIN, and why is it generating so much excitement in the industry? Let’s find out!
Decentralizing the Physical World with DePINs
DePINs are networks that leverage blockchain technology’s decentralization to manage and operate real-world infrastructure. These networks encompass various sectors, from telecommunications to storage and computation. Unlike centralized networks controlled by a single entity, DePINs typically use blockchain-based tokens to incentivize individuals to contribute to the network.
What intrigues me most about DePIN is its use of blockchain-based tokens to incentivize network participation. It’s almost like taking the model of Bitcoin mining and applying it to the real world. Just as Bitcoin miners are rewarded for verifying transactions, DePIN networks offer tokens to people who contribute to the infrastructure.
This creates a virtuous cycle — as more people join the network, the value of the tokens increases, which in turn attracts even more participants. It’s a brilliant way to harness the power of tokenization to build a self-sustaining ecosystem.
Also read These 3 TON Projects Will Make You Rich in 2024
Examples of DePIN Projects in Action
Two of the most prominent DePIN projects are Helium and Filecoin. Helium is a Solana-based network that pays people to host wireless hotspots, building a decentralized mobile network. Filecoin, on the other hand, is a decentralized data storage system that incentivizes users to offer their spare storage space.
But DePIN isn’t limited to just communication and data storage. Other projects are exploring its potential in areas like mapping (Hivemapper Network) and 3D rendering (Render Network). The common thread is the ability to create more democratic, efficient, and scalable infrastructure.
This network boasts the capacity to store billions of gigabytes of data, eliminating the risks associated with centralized data storage, such as censorship, hacking, and outages.
One factor that has become clear to me is the crucial role of the underlying blockchain platform.
Many leading DePIN initiatives, including Helium and Filecoin, have chosen to build on the Solana blockchain. Solana’s fast transaction speeds and low fees make it an ideal choice for handling the high volume of data and interactions required by DePIN networks.
With that, we can say the future of Crypto is Bright
As I look toward the future, I can’t help but feel excited about the potential of DePIN. While the adoption of these decentralized physical infrastructure networks is still in its early stages, the promise of a more democratic, efficient, and scalable approach to building and maintaining real-world infrastructure is truly compelling.
As more projects emerge and demonstrate the viability of this concept, I believe the future of DePIN could be poised for significant growth in the years to come.
Learn more about DePIN below!
https://www.youtube.com/watch?v=qmw5DorMr6E

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The ASI token merger involving SingularityNET, Fetch.ai, and Ocean Protocol is a major happening in the AI crypto space. But with big changes come big questions!
Feeling lost in the technical jargon? Unsure what to do with your AGIX or OCEAN tokens? 

This FAQ guide is here to rescue you!  We'll tackle all the burning questions directly, sourced from the official Fetch.ai website, so you have the most accurate information at your fingertips.
Remember, we already explored the ASI Token Merger in previous blogs, detailing the two-phase process kicking off on July 1st, 2024.  (Check out that post for a deeper dive!)  But now, let's cut through the confusion and get you up to speed on what matters most – your crypto assets!
So, grab a coffee, get comfy, and let’s answer your questions together!

FAQs about the ASI Token Merger
What do I need to do specifically to transition my Ocean or AGIX or FET to ASI?

For Ocean (OCEAN) token holders:
If you hold OCEAN tokens on an exchange like Binance, you don't need to do anything. Your funds will be automatically (and temporarily) converted to FET on July 1, 2024.
For AGIX token holders:
Similar to OCEAN holders, if you have AGIX tokens on an exchange, they will also be automatically (and temporarily) converted to FET on July 1, 2024. No action is required on your part.

For FET token holders:
If you hold FET tokens on an exchange, you don't need to take any action. During the first phase of the token merger, OCEAN and AGIX will be temporarily merged into FET. In the second phase, FET will be rebranded to ASI across all major platforms, and the network will be upgraded.

For self-custody users:
If you hold OCEAN or AGIX as ERC-20 tokens on the Ethereum mainnet, you'll be able to convert them to ASI through the SingularityDAO conversion portal. This conversion portal will remain open for years, so you can take your time and migrate your tokens at your convenience.
For those of you who self-custody your FET tokens on the Fetch.ai mainnet, your funds will be automatically converted to ASI once the network upgrade is complete.

What is the timeline for the merger?
Phase I: Smooth Transition for Exchange Partners
July 1, 2024: Project rebranding takes place, and token deposits and withdrawals for AGIX and OCEAN will be halted. FET trading will continue during this phase.July 1, 2024: AGIX and OCEAN tokens will be delisted from exchanges, and conversion contracts for AGIX and OCEAN to FET will become available.

Phase II: Self-Custodied Funds and Network Upgrades

Mid-July 2024: The ASI token will be deployed across various blockchain networks, and the Fetch.ai network will undergo an upgrade. New migration contracts will be introduced, and bridges to the EVM and other networks will be opened.
It's important to note that during the network upgrade in Phase II, there may be potential downtime and temporary disruptions on exchanges. Users should be prepared for the possibility of some service interruptions during this time.
How will my current tokens be affected?
During the initial phase of the merger, AGIX and OCEAN tokens will be consolidated into the FET token. This means that if you currently hold AGIX or OCEAN tokens, they will be temporarily converted to FET tokens.
Will my existing tokens be automatically converted to the new token?
The good news is that if you hold your tokens on a centralized exchange, this conversion process will be handled automatically. Exchanges that have expressed support for the merger will automatically convert your AGIX or OCEAN tokens to FET, and later to the new ASI token.

Again for token holders who self-custody their AGIX or OCEAN tokens, conversion tools will be made available through the SingularityDAO platform. These conversion portals will remain open for an extended period, so you can take your time and migrate your tokens at your own convenience.
How will the value of my holdings be affected during the token merger process?

During the token merger, you may see some market fluctuations in the value of your holdings. This is a common occurrence. You are advised to take caution and closely monitor the market conditions to make informed decisions about your investments.
What wallets will support the new shared token?
The good news is that the ASI token will be supported by a wide range of credible wallet providers, both software-based and hardware-based. Some of the major wallets that will support the ASI token include:

Software Wallets: MetaMask, Trust Wallet, and other popular Ethereum-compatible walletsHardware Wallets: Ledger, Trezor, and other leading hardware wallet solutions
The ASI team is diligently working to ensure that as many trusted and reputable wallet providers as possible are onboarded and ready to support the new ASI token. 
Which software wallets (e.g., MetaMask, Trust Wallet) will be compatible with the new token?
All Ethereum-compatible software wallets, such as MetaMask and Trust Wallet, will be able to store the ERC20 tokens that are involved in the merger process, including OCEAN, AGIX, and FET. 
Which hardware wallets (e.g., Ledger, Trezor) will be supported?
When it comes to hardware wallets, the ASI team is committed to ensuring that nearly all hardware wallets that the community wants to use are actively supported. This includes popular options like Ledger and Trezor.
Will my current wallet support the new token, or will I need to migrate to a different wallet?
The good news is that your current wallets supporting FET, AGIX, and OCEAN tokens will also be able to support the new ASI token. However, you may need to add ASI as a custom token within your wallet interface to ensure it's properly displayed.
How can I convert my existing tokens to the new shared token?
To convert your existing FET, AGIX, or OCEAN tokens to the new ASI token, you will need to connect your wallet to the official conversion portal on the SingularityDAO dApp.
The conversion process will involve two steps:

Approve the contract: This step allows the conversion portal to access your existing tokens and prepare them for the migration.Approve the migration: Once the contract is approved, you can proceed with the actual migration of your tokens to the new ASI token.

The ASI team will provide clear and detailed instructions on the conversion process, ensuring that users can seamlessly transition their holdings to the new token.
Will there be any fees associated with the conversion?

For the token conversion, you can expect to pay the standard transaction fees required by the underlying blockchain network. These are the typical gas fees associated with any Ethereum or Binance Smart Chain (BSC) transaction.

However, there will be no additional conversion charges or fees imposed by the ASI team or the SingularityDAO platform. The conversion process is designed to be as cost-effective as possible for token holders.
Is there a deadline for converting my existing tokens to the new shared token?
The conversion window for transitioning your existing tokens to the new ASI token will remain open for an extended period, likely for several years.
What block explorers will support the new mainnet?
The new ASI token will be supported by popular block explorers, including:
Etherscan (for Ethereum-based transactions)BscScan (for Binance Smart Chain-based transactions)Mintscan (for Cosmos-based transactions)

These well-established block explorers will allow you to easily track and monitor the activity and status of your ASI token holdings, providing transparency and visibility throughout the conversion and beyond.
What will happen to my staked tokens or tokens committed to long-term programs?

If you currently have FET tokens staked across the Fetch.ai mainnet, the good news is that your staked tokens will be automatically migrated to the new ASI token. Your staking rewards will also continue uninterrupted, ensuring a seamless transition for stakers.
Will there be any impact on my staking rewards or benefits?

For tokens that are committed to long-term programs, such as those within the Ocean Ecosystem, the conversion process will be slightly different. The conversion portal will remain open for years allowing you to convert these tokens at a later stage, as and when it suits your needs.
What specific actions do I need to take if my tokens are in a liquidity pool or other DeFi protocols?

If your tokens are currently held in a liquidity pool or other DeFi protocols, you will need to manually withdraw and re-allocate those funds to updated pools that support the new ASI token. This is a necessary step to ensure your DeFi integrations are properly updated and compatible with the new token.
Is there a specific website or forum dedicated to merger information?
The definitive source of information regarding the Artificial Intelligence Alliance and the ASI token merger is the superintelligence.io website. This is the main hub where you can find the most accurate and authoritative details about the merger, including all relevant announcements, timelines, and instructions.
How frequently will updates be provided?

The ASI team is dedicated to providing timely updates to the community as the merger process unfolds. You can expect to receive frequent communications, informing you of the latest developments, milestones, and any actions you may need to take.
Will there be AMA (Ask Me Anything) sessions or community calls for real-time information?

The ASI team plans to host regular AMA (Ask Me Anything) sessions and community calls. These interactive events will allow you to engage directly with the team, gain a deeper understanding of the merger, and have your questions answered in a timely manner.
What are the benefits of the merger for token holders and community members?

The primary benefits of the ASI token merger for token holders and the broader community include:
Strengthening the overall ecosystemEnhancing the resilience and competitiveness of the projectIntroducing new features and use cases for the token

How will the merger improve the ecosystem and the value proposition of the new shared token?

The primary goal of the merger is to create a unified and powerful ASI ecosystem. This unified approach is expected to drive greater long-term value for the ASI token and the broader community.
What potential synergies and efficiencies will the merger bring?
The merger is designed to bring about several key synergies and efficiencies, including:

Improved ecosystem strength and resilience, allowing the ASI platform to better compete against major tech playersA continuous push towards innovation and commercialization, fueling the growth and development of the projectStreamlined operations and resource allocation, leading to greater operational efficiency

What are the risks and challenges associated with the merger?
While the merger is expected to bring significant benefits, there are also some potential risks and challenges to be aware of, such:

Temporary market volatility as the transition occursPotential for network downtime or service disruptions during the merger process
What potential issues should I be aware of during the merger process?

During the merger process, token holders should be mindful of possible market fluctuations and temporary service disruptions. The ASI team is working diligently to minimize any disruptions and ensure a smooth transition, but some temporary issues may arise.

That's a Wrap on the ASI Token Merger FAQ!
Phew! We tackled a heap of info about the ASI token merger. By now, you should be a total pro on what's happening with your AGIX and OCEAN tokens, and why this whole ASI thing is a big deal for AI crypto.
Remember, staying in the loop is key in the wild world of crypto. Be the first to know of exclusive updates and seize everything opportunity first by following me on Substack! That’s TheLuWizz (@theluwizz) get exclusive news straight to your inbox for free!

ATTENTION FET HOLDERS!
As you might've heard, there's a big token merger happening today with Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) coming together to form the Artificial Superintelligence Alliance (ASI). 

Confused? Don't worry, I'll break it down for you.
What is the ASI Token Merger?

The ASI token merger represents a groundbreaking collaboration between Fetch.ai, Ocean Protocol, and SingularityNET. This ambitious undertaking aims to establish a powerful, unified ecosystem for decentralized artificial intelligence (decentralized AI). Under the ASI banner, these three leading forces will spearhead the future of AI development.
Stay ahead of the curve for Phase I and II of the ASI project! Follow "TheLuWizz" (@theluwizz) on Substack for exclusive updates and important scam alerts to protect yourself. This free subscription delivers valuable info straight to your inbox.
The Merger Process: A Two-Phase Approach
The ASI token merger will unfold in two distinct phases:

Phase I: Consolidation and Rebranding (July 1st, 2024)

Phrase 1 is happening today! This phase will focus on merging AGIX (SingularityNET) and OCEAN (Ocean Protocol) tokens into FET (Fetch.ai) on the Ethereum blockchain. 

If you're an exchange user in Binance, your AGIX and OCEAN holdings will be automatically converted to FET at the designated ratios (1 AGIX = 0.433350 ASI, 1 OCEAN = 0.433226 ASI). 

For self-custody users, you can convert your AGIX and OCEAN tokens to FET using the official conversion portal on the SingularityDAO dApp. Detailed instructions and guides will be available.

During this phase, project logos and branding across platforms will also transition to reflect the Artificial Superintelligence Alliance.

No need to worry about switching wallets! The ASI token merger will work with all the popular software wallets (like MetaMask and Trust Wallet) and hardware wallets (like Ledger and Trezor) you already use.

Phase II: ASI Deployment and Network Upgrade (Mid-July Onwards)
In this phase, the focus will shift to transitioning from FET to ASI and upgrading the underlying network infrastructure for enhanced performance, security, and scalability. 

All users, including exchange and self-custody, will have access to a new migration process for converting remaining AGIX, OCEAN, and any existing FET tokens to ASI. The conversion ratios will remain the same as in Phase I. 

The Fetch.ai network will also undergo a scheduled upgrade, which may lead to brief network downtime and exchange disruptions. However, this process has been meticulously planned and tested to minimize the impact.

Want to prepare for Phase II? Follow me on Substack at TheLuWizz (@theluwizz) to receive exclusive Phase II onboarding and some important alerts so avoid getting scammed. Get these insights for FREE! Straight to your inbox.
Key Dates and Reminders
July 1st, 2024: Phase I kicks off with exchange delistings of AGIX and OCEAN, migration platform launch, and project rebranding.Conversion Window: The conversion window remains open for an extended period, so there's no pressure to convert immediately.Official Conversion Tools: Dedicated smart contracts will be the sole official methods for token conversion. Expect standard transaction fees but no additional conversion charges.Security Reminder: Never share your private information, including your seed phrase, during the conversion process.

This merger is a big leap forward for AI development. By joining forces, we're building a stronger future for this technology. 
Stay tuned for updates, and get ready to be a part of something groundbreaking!

Uh oh, looks like Bitcoin is nearing it’s end!
For years, us cryptocurrency enthusiasts have been touting Bitcoin and other digital coins as the future of money — you know, secure, decentralized, and immune to the whims of governments and Wall Street.
But those dreams may be shattered sooner than anyone expected. By the end of this decade, experts warn that the rise of powerful quantum computers could render the cryptography behind Bitcoin completely useless, potentially spelling the end of cryptocurrency as we know it.

Get exclusive crypto news and financial updates delivered straight to your inbox, absolutely FREE! Follow TheLuWizz (@theluwizz) on Substack.

What Is Quantum Computing?
Technology is bringing in so many advancements like DePins but could also barge crypto with damaging threats. Traditional computers that we use today store information as “bits” that can be either a 1 or a 0. They crunch through these 1s and 0s to perform calculations and run programs.
Quantum computers work a little differently. Instead of regular bits, they use “qubits” which can exist in a quantum state and be both 1 AND 0 at the same time. This allows quantum computers to perform massively parallel computations that traditional computers simply can’t match.
This makes quantum computers exponentially more powerful for certain types of computations, like breaking encryption or simulating complex systems. The downside is that qubits are extremely fragile and hard to control.
The Quantum Threat to Crypto
In our previous blog Will quantum computers soon destroy Bitcoin? We have discussed late 2021 how Quantum computers have become a serious threat to Bitcoin. But how about this 2024?
Cryptocurrency like Bitcoin and Ethereum use special codes called encryption to keep people’s digital money safe. These codes are really good at protecting against hackers — for now.
The problem is, a new type of super-powerful computer called a quantum computer could potentially crack these codes wide open. Quantum computers work really differently than regular computers, and they’re getting more advanced every year.
You see, the encryption used by most cryptocurrencies today relies on math problems that are really hard for regular computers to solve. But quantum computers are so powerful, they could solve those problems in the blink of an eye. That means they could easily break into people’s cryptocurrency wallets and steal all their digital money.
This is a big deal because the entire cryptocurrency market is worth trillions of dollars. Bitcoin alone has a value of over $1 trillion! If quantum computers can crack the encryption, it could cause a massive economic crash that wipes out huge amounts of wealth.
It’s not just the big cryptocurrencies like Bitcoin and Ethereum either. Almost every crypto uses the same type of encryption that’s vulnerable to quantum computers. So the entire crypto world is at risk.
Researchers are working on new types of quantum-resistant encryption to try and protect cryptocurrencies. But if quantum computers advance faster than expected, it could spell the end of crypto as we know it. It’s a race against time to stay one step ahead of this emerging technology.
Also read Did you Know what Bitcoin is Predicted to Reach $150,000 in 2030? Here’s the Big Answer!
So Will Crypto be Doomed by 2030?
In 2017, some researchers warned that quantum computers might be able to crack the encryption used by Bitcoin as early as 2027. They said that quantum computers with a large number of quantum bits could potentially break the digital signatures that protect Bitcoin transactions.
The researchers say that the threat is still there, but a lot has changed in the past few years. Quantum computers have been improving, and estimates suggest that it may only take around a million qubits to crack Bitcoin’s encryption, down from earlier estimates of 10–20 million qubits.
However, building large-scale quantum computers with low error rates is still an enormous challenge. Companies like IBM are working hard to develop more powerful quantum computers, but they are still far from being able to crack Bitcoin’s encryption.
Some experts believe that if quantum computers do become powerful enough to break Bitcoin, the people who develop that technology might keep it secret and use it quietly to steal Bitcoin, rather than announcing their breakthrough.
On the other hand, other scientists are skeptical about the threat posed by quantum computers, describing current quantum computers as “terrible” and unable to do anything useful. The delicate nature of qubits, the need for extreme cooling, and the challenge of integrating quantum and classical computing systems all make it difficult for quantum computers to reach their full potential in the near future.
You might also be interested to check Best AI Stocks Trading Bots 2024
Should We Be Worried?
It’s hard to know exactly when a powerful quantum computer might be built that can break the encryption we use today. Some experts think it could happen sooner than most people expect. The Quantum Threat Timeline Report says a few experts think there’s a more than 5% chance it could happen within the next 10 years, and a few even say it’s more than a 50% chance.
However, developing quantum computers is slow and expensive. The real-world uses of quantum computers are still quite limited, and there’s a lot more work to be done before they become widely available and can threaten the encryption used in decentralized networks. Encryption with 80-bit, 112-bit, and 160-bit keys is still pretty safe against attacks from regular computers for at least the next few decades. And a very complex 2048-bit key would need about 20 million quantum computing units, which is way beyond what current quantum computers can do.
The good news is that right now, it’s just too complicated and expensive to use quantum computers to break the encryption we use today. It’s more likely that scientists will be able to develop quantum-proof encryption before quantum computers become common and affordable.
How to Protect Your Crypto Investments
One way to protect against quantum threats is quantum-proof cloud-based encryption, like what companies like Proton are working on. In a quantum-proof cloud system, public key infrastructure could provide an extra layer of protection for the encryption used in blockchain technology, which relies heavily on encryption keys.
The field of quantum-proof cryptography is growing rapidly and attracting a lot of investment, especially in countries like China that are leading the way in quantum research. Most scientists agree we still have time to prepare for the “Q-Day” when quantum computers can break today’s encryption. Researchers are working hard to transition to quantum-proof encryption to protect our privacy and transactions.
As long as the push for quantum-proof blockchain continues, your cryptocurrency wallets should be safe from any quantum computing threats for a long time. Hopefully by then, you’ll have made some good profits too!

It’s post-halving season! Is BTC’s price a cause for concern or a hidden opportunity for savvy investors?🤔
Remember the excitement leading up to the April Bitcoin halving? Analysts were predicting a meteoric rise in Bitcoin’s price, fueled by the reduced supply. But here we are, months later, and the price action hasn’t quite lived up to everyone’s expectations.
So, what’s the deal? Did the halving fizzle out, or is there still a chance for Bitcoin to hit new highs? There’s one way to know! Read on.
Stay ahead with actionable crypto market analysis, price predictions, and trading tips delivered directly to your inbox for FREE. Subscribe to TheLuWizz (@theluwizz) on Substack now! .
What is Bitcoin Halving?
The Bitcoin halving is a programmed event that occurs approximately every four years, where the block reward for miners is cut in half. With Bitcoin Mining, it reduces the amount of Bitcoin that miners receive as a reward by 50%.
So if they were getting 12.5 Bitcoins per block before, now they’ll only get 6.25 Bitcoins. This reduction in new Bitcoin supply is widely seen as a catalyst for price appreciation, as it makes the asset more scarce.
In the months leading up to the April 2024 halving, the crypto community was abuzz with predictions of a “supply shock” that would drive Bitcoin to new all-time highs. Many analysts forecasted a price surge similar to what was seen after the 2016 and 2020 halvings.
Why does it Matter in Crypto?
This might not sound like a big deal, but it actually has some important implications:
Scarcity
By reducing the supply of new Bitcoins entering the market, the halving makes Bitcoin a more scarce and potentially more valuable asset over time.Miner
Motivation
The halving cuts miners’ profits in half. This can affect their motivation and make it harder for some miners to stay profitable, potentially impacting the overall Bitcoin network.
Investor Psychology
The halving generates a lot of excitement and speculation in the crypto community. Many investors expect the price of Bitcoin to skyrocket after halving, though that doesn’t always happen as we know now.
The Post-Halving Reality
However, the reality of the post-halving price action has been somewhat underwhelming so far. Rather than skyrocketing, Bitcoin has remained range-bound, struggling to break above the $65,000 barrier for some time now. This stagnation in Bitcoin’s price has dampened overall market sentiment, leading to significant price drops for altcoins.
Over the past week, Bitcoin has dipped by 3.21%, with its daily price currently hovering around $65,440 according to CMC data. Trading volume has also fallen dramatically, down 46.61% to $18 billion. This comes after a brief surge in early June that saw Bitcoin touch the $70,000-$71,000 range.
Is It Time to Panic?
While the immediate price impact of the most recent Bitcoin halving in 2024 has not been as dramatic as some had anticipated, the historical trends suggest there is still a strong chance we could see significant price appreciation in the coming months and years.
Moreover, past halving cycles have shown that the price impact can take time to materialize, with the most significant gains often occurring in the 12–18 months following the event.
Take a look at the chart below:

[ Bitcoin price movements after the 2012, 2016, 2020, and 2024 halving events. The chart includes a zoomed-in view of the first 100 days after each halving.]
As we can see, the chart illustrates a consistent pattern — Bitcoin prices tend to remain relatively stable in the initial period after a halving, before eventually surging higher over the subsequent months and years.
For example, after the 2012 halving, Bitcoin’s price stayed flat for the first 50–60 days, but then skyrocketed over 10x in the following 6 months. A similar pattern played out after the 2016 and 2020 halvings, with the price consolidating initially before an extended bull run.
Now, it’s true that the price action following the most recent 2024 halving has been more muted so far. But we have to keep a few things in mind:
Cryptocurrency markets are inherently volatile and unpredictable in the short term. Trying to time the precise market reaction to a halving event is extremely difficult.The long-term supply and demand dynamics created by the halving are still in effect. The reduced issuance of new Bitcoin should continue to put upward pressure on the price over time. Investor psychology and market sentiment can shift rapidly in the crypto space.
If historical patterns repeat, the current consolidation period could give way to renewed enthusiasm and a powerful rally.
So while the immediate aftermath of the 2024 halving may have been underwhelming, I wouldn’t count out the possibility of a significant Bitcoin price increase in the months and years ahead.
The fundamental factors driving the halving’s importance are still very much in play. With patience and a long-term perspective, investors may still be rewarded for their faith in this crucial Bitcoin mechanism.

In our fast-paced world, stress has become a constant companion for many. The daily grind, financial worries, and the uncertainty of the future can weigh heavily on our shoulders. But what if there was a way to turn that anxiety into something positive, even lucrative?
Welcome to the world of stress-free satoshis – a journey where cryptocurrency provides financial opportunities and becomes a therapeutic escape from the chaos of life.
Interesting right? Read on.

Crypto as your Stress Buster! How is that Possible?

Picture this: the alarm blares, signalling the start of another hectic day. Emails flood your inbox, deadlines loom, and market fluctuations create an additional layer of tension. Stress has become an unwelcome guest in our lives, impacting our mental well-being and overall health. 

It's time to explore an alternative that not only eases this burden but also opens doors to financial empowerment.

Cryptocurrency, often associated with the hustle and bustle of financial markets, might seem an unlikely candidate for stress relief. However, its decentralized nature and potential for financial growth provide a unique avenue for individuals to take control of their financial destiny. Imagine the satisfaction of navigating the crypto waves, making informed decisions, and witnessing your investments flourish – a therapeutic journey in its own right.

The Big Question is, How?
The cryptocurrency market offers a diverse range of altcoins beyond the famed Bitcoin. These altcoins, or alternative cryptocurrencies, present an exciting opportunity to diversify your portfolio and, in turn, alleviate financial stress. Exploring promising altcoins can be akin to discovering hidden gems in a treasure trove – a journey where every investment has the potential to grow and multiply.
Education is the Key
Embarking on the stress-free satoshis journey requires a solid understanding of the crypto landscape. Educating yourself about blockchain technology, different cryptocurrencies, and market trends is crucial. Knowledge is power, and in the crypto world, it's the key to making informed decisions that can transform your anxiety into altcoins.
Setting Realistic Expectations
While the crypto market has seen incredible growth over the years, it's important to set realistic expectations. Cryptocurrency investments are subject to market risks, and prices can be highly volatile. It's essential to approach crypto investing with a long-term perspective and not get swayed by short-term price fluctuations. 
Remember, Rome wasn't built in a day, and crypto fortunes aren't made overnight.
Embracing the Volatility
While the word 'volatility' might induce stress for some, in the world of crypto, it's the heartbeat of opportunity. Understanding and embracing market fluctuations can be liberating. Instead of fearing the ups and downs, view them as a natural part of the journey toward financial freedom. After all, it's the rollercoaster rides that make the adventure worthwhile.

Building a Stress-Free Crypto Portfolio
Creating a stress-free crypto portfolio involves a balanced approach. Diversify your investments across various cryptocurrencies, taking into account factors like market trends, technology, and potential for growth. A well-thought-out portfolio can be your shield against market uncertainties, ensuring that your journey remains on the path to stress-free satoshis.

In a world filled with stress and anxiety, cryptocurrency offers a unique opportunity to turn those negative emotions into positive outcomes. Taking a proactive approach and investing in cryptocurrencies can transform your financial future. However, educating yourself, starting small, diversifying your investments, and setting realistic expectations is important. With the right mindset and willingness to learn, you can confidently navigate the crypto market and turn your anxieties into altcoins.

So, why not take the leap? Dive into the world of cryptocurrency and let your stress become the fuel that drives your success. Your wallet full of altcoins might just be waiting for you to make that first move.