Welcome to Being Invested Daily!
In today’s edition, we explore Bitcoin vs Gold, $MSTR’s new all-time high, and ETH/BTC hitting a 3-year low. We also bring you the latest on Elon Musk’s $BTC holdings, Vitalik’s big Ethereum update, and the rise of $FLAVIA. Plus, don’t miss key fundraising news and the latest Rekt Alerts.
🔎📊 Average Time Token is Held
This chart highlights the typical holding period for different assets. As expected, $BTC leads with an average HODL time of 4.4 years. Interestingly, top memecoins like $DOGE and $SHIB show similar holding times to $ETH
Heatmap of Top 100 Coins (24h) 📊🔥
🗣 Bitcoin Insights
- $MSTR hits a new ATH
📰 News/Good Reads
- Elon Musk left $BTC on Tesla's balance sheet! (from the Q3 2024 report)
- Vitalik Buterin: Ethereum TPS can be increased by 1.5 times due to a significant reduction in gas fees.
- $FLAVIA - Memecoin with $GOAT Potential
- @Binance listing $GOAT perps
- @Krakenfx plans to launch L2 next year
- @hmalviya9 thread about meme religion & AI gods
💰 Fundraising
- Shuttle Labs has completed a $6 million seed round of funding
- BulbaSwap completes $1.3 million seed funding.
- Coinbase Ventures and a16z invested $1 million in Skyfire.
🪡 Rekt Alerts
- This trader lost 2623 #SOL ($454 thousand) in less than 40 minutes!
- ZachXBT exposes a Chinese OTC trader, for funneling $17 million
- MakerDAO rugged for $1.5M on RWAs
- RamsesExchange exploited for $93k
That’s all for today! Stay tuned for more insights and updates as we continue to keep you informed on all things crypto. Keep investing, keep learning, and stay ahead of the game with Being Invested Daily!
