The Halving Hype and Beyond!

Inflows, Outflows, and ETFs Steering the Crypto Voyage

Author

Jungle Degen
March 29, 2024

Greetings Crypto Explorers! 🌴🦜

Welcome to this week’s edition of Jungle Tales, your go-to crypto newsletter where the wild heart of the jungle meets the thrilling world of cryptocurrency. This week, we're roaring about the monumental Bitcoin halving set to drastically reduce daily production, a game-changer that's got the entire crypto landscape buzzing with anticipation. As we navigate through this dense foliage, we'll also touch on the inflows and outflows on exchanges, the exciting launch of Spot Bitcoin ETFs, and other top stories shaking the crypto jungle. So, grab your explorer's hat and let's dive headfirst into this adventure.

As always… Stay Wild! 🌿🦁🚀

🦍 The Big Jungle Roar

This week's monumental event that shook the crypto-jungle. Roar with us!

BlackRock CEO ’very bullish’ on Bitcoin as its ETF crosses $17B

cointelegraph.com/news/blackrock-bitcoin-etf-fastest-growing-etf-larry-fink

Get ready to swing through the crypto vines because April's bringing a Bitcoin halving that's just the tip of the iceberg! With only 450 BTC being produced daily, down from 900, things are about to get wild in crypto land. 🌕 But don't just watch the halving - there's way more happening!

Inflows and outflows on exchanges and ETFs are like a river through our jungle, moving way more than just what's being cut. Lyn Alden says it's the demand for Bitcoin, not just the supply squeeze, that's going to pump up our journey. 📈 And guess what? Global money flow is in on this too, making our path even more thrilling.

Markus Thielen from 10x Research is scouting ahead and sees a path to $77,000 by early April and a whopping $99,000 by May. Keep your eyes peeled; we're on a rally that mirrors the great runs of 2020 and 2021. And if history has its say, we could be looking at a treasure trove of $146,000 by early 2025. 🏴‍☠️

But wait, there's a twist! Spot Bitcoin ETFs launched in January have brought a new wave of demand, pushing us into uncharted territory. Simon Peters hints that with miners selling off before the halving, it's the ETFs keeping our boat afloat. 🛶

Amidst softer monetary policies and geopolitical shuffles, Bitcoin's shining like the sun through the canopy as an alternative treasure chest. 🌞

Remember, every halving has led to an epic rally, and with the jungle getting denser, we're all in for an adventure. So grab your gear, crypto degens - we're not just surviving; we're thriving in this wild crypto jungle! 🦜🌳

📈 News around Bitcoin:

🦁 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 👀)

In the heart of the crypto jungle, under the dense canopy where sunlight barely kisses the ground, there exists a legend whispered among the bravest of crypto degens. This legend speaks of a mystical force, one that holds the power to navigate through the wildest market tempests and emerge unscathed. It is said that this force, ever elusive and shrouded in the thickest mists of the jungle, dances with the shadows, weaving between tokens and coins with an agility that leaves even the most seasoned traders in awe. Many have ventured into the depths of the jungle, drawn by tales of its prowess, hoping to uncover its secrets and wield its power. Yet, it remains just beyond reach, visible only to those who understand the true essence of the wild crypto terrain. What could this legendary force be, known to guide adventurers safely through the volatile swings of the crypto wilderness?

🦩 Tweets from the Jungle

Check out these wild crypto tweets that have made it to the jungle!

🐊 Crypto Swamp Watch

  • Bitcoin (BTC) - $69,535.23 (8.92%)

  • Ethereum (ETH) - $3,492.52 (4.36%)

  • Top Gainer: Core (+118.40%)

  • Top Loser: Kucoin Token (-17.10%)

    Snapshot taken on the 29nd of March, around 12:39pm, Jungle time.

🍍 Jungle Poll Parrot

Join our parrot's poll! This week's squawk…

What's your top strategy in the upcoming Bitcoin halving season?

Login or Subscribe to participate in polls.

🐯 Jungle Snapshots

Our grand finale - Jungle madness, guaranteed wilder than any pump and dump. Enjoy, you crypto beasts!

our view for the weekend 🌴

👋 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 heart of the crypto jungle, where uncertainty paves every trail and the thick foliage of market trends obscures the path ahead, it is the intrepid spirit of the crypto degens that thrives. Amidst the tangled vines of volatility and the sudden storms of market corrections, remember, it is not the swiftness of the trade but the wisdom of the journey that marks true exploration. Let each step be guided by keen observation and an unwavering resolve, for in this wild expanse, knowledge is both your compass and your machete. Forge ahead, not in pursuit of fleeting shadows cast by the moonlit tokens, but in relentless quest of understanding the rhythms of this untamed land. In the vast crypto wilderness, where fortunes rise and fall like the ancient tides, let your adventures be fueled by courage, your decisions rooted in insight, and your spirit ever buoyant on the winds of change.

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!