US government “accidentally” transferred $239 million to the Taliban 🤔

Welcome to the Daily Coinsauce Newsletter, its good to be back. If you like our regular updates, then let us know with a “Yes” vote and a feedback comment at the end. Let’s get straight into today’s highlights.

📅 Today

🔍️ Market Outlook

• Overall Bias - Cautious 🙏 

• BTC broke the key $62,400 level, but failed to re-test and hold it as support.

• The 200 Daily Moving Average at $62,000 is now a crucial level to monitor for Bitcoin.

• A failure to hold this price as support would mean more consolidation for BTC.

• It is wise to not take any new leveraged positions till this moving average support is confirmed and till BTC dominance reverses it’s uptrend.

• A weekly close above $62,000 would mean that the bulls are trying to show some strength.

• However, if this level is lost on the weekly close, bears would be in control once again.

US Govt. Transfers $239 million to the Taliban ⁉️ 

The US Special Inspector General for Afghanistan Reconstruction (SIGAR) report suggests that since President Biden's 2021 troop withdrawal, the State Department may have mistakenly directed at least $293 million to entities linked to the Taliban.

State is unable to confirm compliance for these funds, raising concerns about inadvertent support to Taliban-associated organizations.

This $293 million is separate from the $7 billion in military equipment left behind by US forces, which is now believed to be in Taliban possession.

The U.S. government has obviously denied these claims, citing a lack of credible evidence.

OpenAI Eyes $100 Billion Valuation 🔥 

OpenAI, the creator of ChatGPT is in discussions to raise new funding, with Thrive Capital leading the round at a valuation of over $100 billion.

Microsoft, which previously invested $10 billion, is also expected to join in.

Despite generating over $3.4 billion in annual revenue, OpenAI is projected to lose close to $5 billion this year, after already spending $8.5 billion on AI training and expanding its team.

If the deal goes through, OpenAI would become the most highly valued AI startup ever.

✉️ A Message From EpicBet:

Are you into Football Fantasy League and Crypto🐂📈

Well the Premier League is back!

Join our partners’ EpicBet and enter there 15,000 USDT Prize pool:

• Epic Welcome Bonus

• New Betting Features

• Super Fast Withdrawals

📕 Educational

Top 5 DePin projects for earning passive income 👇️ 

💡 How profitable is Depin Mining?

DePIN is revolutionizing passive income by turning everyday activities into profitable ventures!

From securing mobile networks to mapping the world, here are some of the top opportunities to start earning with decentralized physical infrastructure.

🛰 Helium 5G (Wireless)

What it is: Helium Mobile is the People’s carrier, offering affordable service with coverage built by individuals.

Key Features: Visual voicemail, caller ID, map the Helium Mobile Network.

How it works: Combines user-built coverage with a partner’s network for lower data costs and better service. Miners earn $MOBILE tokens.

Investment Snapshot:

• Cost: $1,759

• Daily Earnings: $8.43

• Breakeven: 209 days

• Devices Live: 6,577

🚗 Hivemapper (Dash-cam/AI)

What it is: A decentralized network using dashcams and AI to gather map data.

Key Features: Earn HONEY tokens by capturing fresh map data for developers and enterprises.

Investment Snapshot:

• Cost: $299

• Daily Earnings: $9.68

• Breakeven: 31 days

• Devices Live: 8,037

🚙 Dimo (Drive-to-Earn)

What it is: A platform to securely store and monetize vehicle data on the blockchain.

Key Features: Earn $DIMO tokens for sharing vehicle data like speed, fuel usage, engine health, and more.

Investment Snapshot:

• Cost: $199

• Daily Earnings: $0.705

• Breakeven: 51 days

• Devices Live: 110,663

📡 Geodnet (Sensor)

What it is: A blockchain-based network of GNSS reference stations for precise geospatial data.

Key Features: Earn $GEOD tokens for setting up space weather stations that monitor satellite signals.

Investment Snapshot:

• Cost: $695

• Daily Earnings: $3.36

• Breakeven: 206 days

• Devices Live: 8,960

📶 xNet (Wireless)

What it is: A blockchain-powered mobile carrier using CBRS spectrum to build a neutral host network.

Investment Snapshot:

• Cost: $200

• Daily Earnings: $5.40

• Breakeven: 40 days

• Devices Live: 962

The prices of these tokens could rise a lot more in the coming months as the bull-market resumes after the conclusion of the post-halving consolidation period .

This means that the payback period for most of these tokens should reduce even further, and the earning potential should increase a lot more due to asset appreciation ⚡️

📊 Stat of the day

📈 Chart of the day

Rationale & Confluences

• 4H breakout re-test confirmation.

• 4H Horizontal support.

• 4H equilibrium support.

• 4H RSI in buy zone.

• 4H Stochastics oversold.

• 1H RSI & histogram bullish divergence.

• Source : Cointraction

🤣 Meme of the day

Accurate 🤣 

That concludes our update for today!

We appreciate you joining us for the latest news. Our aim is to provide the best in class insights and highlights that keep you well-informed and ready. Remember to follow us on Instagram for additional updates and giveaways. Until then, see you next time!

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