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Bitcoin's Wild Birthday Bash
A Rollercoaster Ride from Peaks to Thorns!
Greetings Crypto Explorers! 🌴🦜
Embark on 2024's maiden voyage through the crypto wilderness with Jungle Tales. In this issue, we're toasting to Bitcoin's 15th birthday, despite its recent tumble from the treetops. We'll also be prowling around the hot topic of a potential Bitcoin ETF sighting and its market stir. Amidst these headliners, we’ll glance at the trillion-dollar exchange volume milestone, peek into China's growing crypto scrutiny, and decode the secrets behind recent phishing expeditions.
As always… Stay Wild! 🌿🦁🚀.
🦍 The Big Jungle Roar
This week's monumental event that shook the crypto-jungle. Roar with us!
Crazy swings in the Bitcoin wilderness! BTC took a nosedive from a high tree branch of $45,600 to a thorny bush at $40,700 📉. The king of the crypto jungle was roaring on its 15th 'genesis' birthday, but then it stumbled over a vine and tumbled below $42k. Right now, it's licking its wounds at $42,608, looking a bit dazed.
Talk about wild moves, Matrixport, led by crypto big cat Jihan Wu, pounced with a bold prediction that a shiny new Bitcoin spot ETF was on the horizon. But hold your bananas! They backtracked faster than a monkey being chased by a leopard, saying "Nope, no ETF treats until maybe Q2". 🙈
The crypto tribe is buzzing, with some shouting "Market manipulation!" while others scratch their heads wondering if there's any secret wisdom behind Matrixport's flip-flop. 🤔
Meanwhile, in the ETF jungle canopy, top bird-watchers like Bloomberg's Eric Balchunas aren't seeing signs of rejection, keeping hope alive for an ETF approval. 🔥
📈 More on the Bitcoin ETF:
‘Likely rejection’ or smooth sailing? Experts weigh in on potential spot Bitcoin ETF
Why the SEC will REJECT Bitcoin Spot ETFs again - Matrixport
‘Rumor mill’ goes into overdrive for a spot Bitcoin ETF approval on Friday
Bitcoin spot ETF approvals most likely a sell-the-news event: K33
Cboe approves registration for listing Fidelity spot Bitcoin ETF — no SEC approval yet
🦁 King of the Crypto Jungle
Unleashing the top beasts of this week's crypto news. Beware, it's a wild ride!
🐒 Meme Monkeys
Hopping onto the funniest and savviest crypto memes that swung through the jungle this week.
🦜 Jungle Mystery of the Week
Can you solve our crypto-themed riddle? The answer lies hidden deep within the jungle. Share your guesses on Twitter and tag us! (we may gift someone some crypto 👀)
Deep within the tangled web of the blockchain thicket, a cryptic enigma pulses with the potential to sway the hearts and screens of the crypto clan. This spectral force, neither seen nor held, dances through the digital canopy, carrying whispers of fortunes made and lost in its breeze. It's said that a single word from the shadowy depths can ripple across the expanse, bending the will of the market without a trace. The bravest of data hunters seek the key to this power, a force known to turn paupers into kings with but a murmur. What is this phantom agent that reignites the embers of tokens thought extinguished and casts giants into the abyss with but a breath?
🦩 Tweets from the Jungle
Check out these wild crypto tweets that have made it to the jungle!
Are you not entertained?
I fucking love bull market volatility.
— Arthur Hayes (@CryptoHayes)
2:10 PM • Jan 3, 2024
Bull cycle top signals
• People are flexing rolexes / new cars/ and club bottle service
• Financial YouTubers are making 5+ Crypto videos daily
• Your Uber drivers/barbers start shilling you coins
• Capo calls for $1m bitcoinWhat else?
— Edgy - The DeFi Edge 🗡️ (@thedefiedge)
4:02 AM • Jan 3, 2024
🐊 Crypto Swamp Watch
Bitcoin (BTC) - $43,747.37 (2.37%)
Ethereum (ETH) - $2,234.48 (5.01%)
Top Gainer: Internet Computer (+36.85%)
Top Loser: Bonk (-29.84%)
Snapshot taken on the 5th of January, around 9:43am, Jungle time.
🍍 Jungle Poll Parrot
Join our parrot's poll! This week's squawk…
What's the fate of the Bitcoin ETF? |
🐯 Jungle Snapshots
Our grand finale - Jungle madness, guaranteed wilder than any pump and dump. Enjoy, you crypto beasts!
Jungle Kids 🌴
👋 That's all for this issue of Jungle Tales! As we part ways, let's remember the wise words of a crypto degen:
In the untamed expanse of the digital jungle, where the vines of volatility entangle the trees of opportunity, let us remember that faith is the silent whisper of the heart that echoes through the canopy. It is the belief in the seeds we plant today, which will flourish into the towering cryptoverse of tomorrow. Amidst the cacophony of market calls and the rustle of rumor leaves, hold steadfast to the conviction that time nurtures growth, and patience bears the sweetest fruit. For in this wilderness of wealth and wonder, it is the unwavering spirit of belief that lights our path and guides us through the thickest underbrush towards our verdant valley of dreams.
Don't forget to share our newsletter with your fellow crypto adventurers, and follow us on Twitter X.
Until next time, keep exploring the wild world of crypto!
Pura Vida,
Jungle Degen
JUNGLE WARNING: Hear me, ye dauntless navigators of the crypto wilderness. This parchment holds no keys to monetary splendor. Consider it more of a cryptic map of the jungle, teeming with teachings, not a treasure chest marked with an 'X'. It neither mutters veiled secrets of investment, nor beckons you to swap your prized assets or enact any fiscal transactions. In this unpredictable crypto habitat, caution is your most trusted ally, and your own robust investigation, the steadfast compass. Equip yourselves with the shield of wisdom, as you traverse the intricate network of paths. Remember, swift success is often a false trail; it is through enduring patience, adroit maneuvering and careful strategy can you navigate this mysterious landscape. The jungle is vast and filled with enigmatic conundrums; let your own diligent research be the torch that dispels shadows. Don't be lured by the glimmering illusion of quick profits, but bend your will to the pursuit of genuine understanding. Keep your wits about you and eyes wide open on this crypto-quest. To cut a long story short, this is NOT financial advice. Safe travels, crypto explorers!hapcan xXxxx