1 BTC = ~$90,000!

Welcome back to the Daily Coinsauce Newsletter! Let’s dive into today’s updates—there’s a lot to unpack!

📅 Today

Bitcoin > Silver 🥇 

Bitcoin’s market cap hit $1.736 trillion today, surpassing silver, as its price surged over $89,500, up 10% on the day. This now makes Bitcoin the 8th largest asset in the world.

BlackRock’s iShares Bitcoin Trust (IBIT) saw $4.5 billion in trading volume, reflecting strong FOMO among investors.

With gold’s market cap still 10 times larger, this underscores both the scale of gold and Bitcoin’s growth potential.

This is just the beginning!

Retail Is Back ❗️ 

Coinbase has climbed to 33rd among all apps and 2nd in the financial category, up from 500+ just ten days ago—clear signs of retail frenzy.

In Q1 2024, it briefly made the top 10. Historically, when Coinbase hits #1 on the App Store, Bitcoin tends to peak within ±14 days.

Once Coinbase enters top 10, we would recommend avoiding making any new investments, but rather start to take profits slowly.

• Weekly on-chain insights.

• 3-5 altcoin chart setups.

• In-depth Bitcoin price updates.

• Occasional in-depth reports on altcoin gems.

• VC funding roundups.

• Market cycle insights.

• Premium Telegram trading group, and more.

🌎 Other News

• BlackRock sees $786 mil ETF inflows yesterday. Read more

• Ethereum ETF’s see $500 million inflows in 4 days. Read more 

• Coinbase soars 20% after election results. Read more 

• Sui price hits all-time-highs. Read more 

• Total crypto market cap surpasses $3 trillion. Read more

📕 Educational

10 tips to maximize your gains this bull-run.

• Go All-In or Stay Out.

Skip dollar-cost averaging on the way in. Either commit with conviction or don’t invest at all.

• DCA Out - Take Profits on the Way Up.

Don’t stress about selling at the peak; you’ll rarely catch it. Gradually take profits as your investments rise.

• Focus on Winners.

Prioritize investments that are succeeding; don’t chase losses with underperforming assets.

• Avoid Token Lock-Ups.

Staking rewards aren’t worth it if your tokens are locked up after the bull market ends.

• Minimize Rotations.

Don’t chase every trend. Accept that you’ll miss some plays – you can’t catch them all.

• Think Long-Term.

This is a marathon, not a sprint. Prioritize capital preservation for wealth-building in the next cycle. Get rich slow.

• Exit Smartly.

When exiting the market, don’t hold onto tokens just because they haven’t pumped. They may not pump this cycle.

• Regularly Cash Out.

Build good relationships with your bank. Share your success story and maintain credibility to support future investments outside crypto.

• Limit Diversification.

Don’t spread yourself too thin. A 100x return on a minor amount won’t change your life.

• Low leverage.

People lose more money in a bull market than a bear market due to poor risk management. Limit leverage, and invest only what you’re willing to lose.

📊 Stat of the day

🤣 Meme of the day

That concludes our update for today!

We appreciate you joining us for the latest news. We aim to provide the best-in-class insights and highlights that keep you well-informed and ready.

Remember to join us on Telegram and Twitter for additional updates and giveaways. Until then, see you next time!

Disclaimer: None of the content shared in the newsletter is financial advice. Always do your own research and analysis before investing.