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- Banks, Bitcoin, and Beyond: April’s Financial Review
Banks, Bitcoin, and Beyond: April’s Financial Review
Spiral Strategies & Talal A
April 29, 2024
OVERVIEW
Est. Reading Time 5min
Strap in as we zoom through the highs and lows of April's market madness.
From global tensions to banking blunders, we've got it all wrapped up.
Plus, don't miss our exclusive free trade idea waiting at the end—your portfolio might thank you!
Let’s dive in and decode the drama! 🚀
NEWS
Global Tensions Escalate
Who's got a knife? We need to cut through this tension!
Global tension keep growing, not only with the ongoing conflict in the middle east, the banks are shutting down now too!
Banks Begin to Fall
It looks like it isn’t just your every day Joe that’s feeling the inflation hurt.
First Republic Bank tried to finesse inflation by exposing their balance sheets to risker assets.
Guess they didn’t know inflation loves ripping up sheets.
To make matters worse for First Republic Bank, depositors rushed to withdraw their money following the news of potential war.
The potential of another Global Financial Crisis (GFC) looms large over investors.
This is the ultimate sales pitch for our next talking point 👇️
NEWS
Bitcoin Halving: A New ERA
It finally happened!
The much anticipated moment in crypto, the Bitcoin (BTC) halving took place at 12am on April 20th 👏
The reward for mining new blocks was slashed in half, from 6.25 BTC to 3.125 BTC.
This took Bitcoin's inflation rate down to a mere 0.84%, compared to gold’s 1.5%, making bitcoin the hardest money known to man!
REFRESHER — Hard money is currency that holds its value and isn't easy to produce or replicate, making it resistant to losing value over time.
Take a seat gold, Bitcoin has taken the shine 🤩
ETF Buzz 🐝
Hong Kong recently green-lit Bitcoin and Ethereum ETFs.
This regulatory nod, by the 30th of April, could potentially funnel in hundreds of billions of dollars into the crypto market.
These developments signal a robust future for Bitcoin and other cryptocurrencies.
Speaking of other cryptos…
A New Giant Enters the Ring
Toncoin, leaps into the Top 10 Largest cryptocurrencies by market cap surpassing old timer Cardano, seemingly coming out of nowhere.
This surprising move has left meaning in the crypto world thinking,
Why the sudden rise?
Read our article below to find out why TON could in fact leap into the Top 5 largest cryptos of all time 💰️
VAULT SPOTLIGHT
Members Making Money!
Even though a large shadow of potential global conflict loomed large, dampening the enthusiasm of most investor.
Vault members witness the strength of well-strategized plays in the crypto market.
Members capitalized on a variety of our key trade ideas, here are a few examples 👇️
Token — $HIGH achieved our 100% target
Clients have doubled their investment, establishing a risk free position
Token — $COS achieved our 100% target
Clients have doubled their investment, establishing a risk free position
Token — $AR inching closer to our 100% target
This trade idea was given to our free newsletter subscribers as a token of appreciation
Excuse the pun 😆
We hope you got in on it!
Keep a look out on our social media for updates on this trade!
Don’t worry we’ve thrown another free trade idea here so keep reading to find out 😉 👇️
LOOKING AHEAD
May's Market Forecast
They don’t call it the fall for nothing!
Historically, May see’s a seasonal decline in market activities and prices.
But what's perceived as a downturn should be seen as a sale — perfect for picking valuable assets at lower prices.
So what’s hot right now?
Spotlight on LTO Network
LTO Network (LTO) is gaining the attention of large investors.
The reason is, LTO allows businesses to create digital versions of real assets like artworks, treasuries or real estate.
By the way, the real world asset sector is worth $16 Trillion… with a T 🤯
On top of that LTO is compliant with strict government regulations, its currently working with the United Nations (UN).
It is designed to be easy to use, open for public verification while also keeping sensitive data private, ideal for businesses needing to maintain confidentiality.
Level’s We are Eyeing 👀
Considering the months of May to September is historically bearish, this gives us strong confidence that we should expect a deep retracement in all asset classes.
We will be using this period to pick up even more crypto currencies, one of which is $LTO.
We expect $LTO to retrace down to $0.11
Since it experienced a large 28 week rally from $0.054 we expect a healthy retracement down.
Once the retracement occurs we expect $LTO to fluctuate between $0.10 & $0.16
Until then,
Strategize Your Investments Wisely! 👋
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