🧘♂️ALERT: Explosive Crypto
Along with the Hottest market trends
A warm welcome to almost 3,000 subscribers who joined our community last week.
BTC continues to struggle but a few altcoins persevere.
Walmart Enters the Metaverse
SOL, BTC and ADA Technical Analysis
The Latest NFT Trend
Our Weekly Crypto Calendar
Delighted to say this article is brought to you by FTX. Make sure to use our link to get a 10% discount. Based in the U.S? Here’s a discount link for you: FTX.US.
👉 Walmart Adding Digital Inventory
Walmart, one of the world’s largest retailers, seems to be taking steps in preparation for the inevitable transition to digital dominance.
Walmart has revealed its intentions to take on the metaverse market by potentially creating its own cryptocurrency and NFT collection.
The retail giant filed trademarks in December indicating the intention to produce and sell virtual items.
In addition to the production of digital inventory, Walmart also made known its plans to create and offer a virtual currency as well as non-fungible tokens.
Many traders and investors are concerned with the momentum and timing of market cycles, and rightly so. However, in this cycle we have several factors we haven’t seen before:
Institutional investment is at an all-time high.
Commercial and government interest is at an all-time high.
Retail investment is at an all-time high.
When governments and companies across the world consistently prepare for the possibility of crypto dominating the future of currency, it should help bolster our resolve in the face of unfavourable volatility.
Our Market Meditations are longer format educational segments. Each letter features a Market Meditation which will deep dive and analyse a relevant crypto event, theme or tool.
🚧 A Journey of A Thousand SOLs
Fighting to keep support at $140.
Trend has really reversed. No longer neutral.
Crossover of Moving Averages and steady downward trajectory.
Key level to reclaim is $170 but can’t shift our bias to bullish until $190 is claimed.
High risk, high reward play if you are convinced the support will hold.
Otherwise (and particularly if you consider the macro bitcoin picture) doesn’t seem like the best play at the moment.
Entered the neutral zone.
$30k is the doomsday level.
On the way down, we do have a key support at the $36k level.
Until we are in the neutral bullish zone, altcoins are more risky.
At any moment we could for example lose the $40k level then crash to $36k.
In this scenario, altcoins will follow in a much more exaggerated move.
Will look for the 7 Day Moving Average breaking above $1.5 for a breakout play.
Potential further upside thereafter to $1.8.
Keep missing pumps and opportunities? Consider becoming a FREE subscriber to stay ahead of the crypto market.
🧘 Free subscribers get full access to:
✅ Our Daily Crypto Newsletter
✅ Bitcoin Reports and Ethereum Deep Dives
✅ Altcoin Analysis and Crypto Project Coverage
✅ Regular Technical Analysis
✅ Podcasts With Crypto Leaders
🖼️ No NFT, No Service
Welcome to Flyfish Club. This NFT will give you access to an exclusive restaurant in Manhattan, New York.
As of Friday, the regular membership token cost $13,600 and the more exclusive tier cost $29,500.
With this NFT, you gain access to the Flyfish club which will provide a high-end dining experience. The omakase will be overseen by Masashi Ito, from the Michelin-starred Sushi Zo.
Owners of NFTs will be able to lease out their NFT so that others can enjoy the experience as well.
Founder and CEO, David Rodolitz, says that the utility of the NFT will not stop there. He says that members will have access to “various culinary, cultural, and social experiences.” As of now, these experiences have included a private boat party in Miami, a pop-up in the Hamptons, and omakase and wine tastings.
We must remember that much like a designer handbag or an exotic car, these things show status, and eating at this exclusive restaurant would be no different.
On Mondays, our ‘Scan The Week’ section is designed to show our community what events and headlines we will be keeping an eye on.
Monday, 17th January
🥂 BlockchainSpace Ambassador Program is Live
Those who are passionate about blockchain games, metaverse and gamefi can apply to get priority access, rewards and exclusive offerings.
ALEX, the first one-stop DeFi services platform on Bitcoin via Stacks is launching their DEX. This will allow users to launch new projects, lend or borrow at fixed rates and terms, DEX and yield farm.
Tuesday, 18th January
Following the successful EIP-1559 upgrade on Mumbai Testnet last year, the London Hardfork on Mainnet arrives Tuesday.
Wednesday, 19th January
Kava 9 testnet successfully resulted in moving forward with the Kava 9 mainnet launch. Kava is a DeFi platform offering minting, loans and swaps.
Thursday, 20th January
🚗 Nitro League Fill Your Tank Campaign
Follow instructions for up to $250 of FUEL. Valid until 20th January.
200,000,000 SOLO distributed to accounts that held SOLO and XRP at the time the snapshot was taken (24 Dec 2021) at 8PM (UTC).
🌍 Last Day ASPO World Free Airdrop
Last day to participate in ASPO’s $50,000 airdrop. Participation can be completed through Coinmarketcap.com.
Friday, 21st January
🐲 Dragon Verse P2E Game Release
Dragon Verse is an upcoming P2E game featuring both PVP and PVE. Built on the Binance Smart Chain, it is designed to focus on the NFT marketplace system and staking.
💎 Did you enjoy today’s newsletter? This survey is your chance to tell us how we can improve the product for you. Link here.
🌎🧘♂️✍️ Stories in this newsletter were written by Kyle F., Misael Calleja, Nick T., Max P., Kimia K., Ellen B. and Koroush AK. Graphics were produced by Ellen B.
Not financial or tax advice. The content in this newsletter is for informational purposes only. Nothing in this email is intended to serve as financial advice. We are not financial advisors. Every investment and trading move involves risk. Do your own research when making a decision. See our important security disclaimers here.
Disclosure. Some of the links we’ve included are affiliate, they give you rewards and discounts and earn us a commission. Additionally, the Market Meditator writers hold crypto assets. See our investment disclosures here.