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| By Beth Canova |
Don’t be fooled. Even though the broad market volatility has quieted for now, there is still plenty happening in the crypto space.
Even better, the developments this week give us a glimpse of what we can anticipate going forward.
Newly Enabled Google Ads Reveal Bitcoin Bullishness
Like the fact that search engine giant Google changed its long-standing policy restricting ads for cryptocurrencies. Marija Matić explains this policy shift is for the newly approved Bitcoin (BTC, “A-”) ETFs, and the huge impact this could have for adoption — and Bitcoin’s price — going forward.
Or how you can use airdrops to target leveraged plays on Solana (SOL, “B”). Last week, Dr. Bruce Ng explained the wonderful world of airdrops. And when looking deeper, he noticed that airdrops on the Solana network — which outperformed the broad market in the latest rally — have recently presented a unique pattern that you can learn from.
Bet on Crypto’s Multilayered Blockchain Approach
Taking a deeper look at Solana and its strength so far this bull market, I weigh the narrative it leads — Layer-1 blockchains — against its main competition, Layer-2 scaling solutions. Which one will dominate as the big run gets underway? Well, there’s reason to believe there’s enough room in the market and your portfolio for both.
Look for a Pop, Not Burst, of the AI Bubble
AI is one of the hottest topics circulating the internet. TradFi giants and crypto projects alike are all in on AI. And all this hype has Jurica Dujmovic asking, “Are we in an AI bubble?” Spoiler alert: The answer is likely yes. But Jurica doesn’t think this is the end of AI. In fact, he explains how investors can learn from previous bubble bursts to avoid the worst of the fallout.
Crypto Will Likely Benefit from the Fed’s Next Crisis
Finally, the Fed recently announced that it would end the Bank Term Funding Program it enacted last year. This development may have slipped under your radar, but according to Juan Villaverde, it is a bullish catalyst for crypto that you shouldn’t ignore.
That’s all for this week. Check your inbox tomorrow for our next Weiss Crypto Daily.
Best,
Beth Canova
