Market Fluctuations & Crypto Trends to Watch This Week!

OVERVIEW
Est. Reading Time 5mins

OOOWee this week is a doozy

Get ready for some fireworks, the markets can flip either way. Here’s what’s on the menu today:

  • 3 things to watch this week 🔎 

  • Get paid $99,000 to learn 🤔 

  • Bitcoin replaces cash 💵 

  • GameFi’S GAMECHANGER 🤯 

BIG WEEK AHEAD

Watch Out For These 3 Things

1) Produce Price Index (PPI) — May 14th

Think of the Producer Price Index (PPI) as a mood ring for the economy. When it goes up, it means producers are probably pissed because their costs are rising.

This might lead them to crank up prices, making everything more expensive for us… 🤦‍♂️ 

This little uptick can spook investors into selling their stocks.

2) Jerome Powell Speech — May 14th

When Jerome Powell, the big boss of the U.S. Federal Reserve, gets on stage, it’s like an episode of "Game of Thrones" – everyone’s on edge 😱 

His speeches can make or break market trends because he's the guy steering the ship on U.S. monetary policy.

If he even hints at changing interest rates, you can bet it’ll send waves across the stock market as investors scramble to react.

3) Core Inflation Rate — May 15th

The core inflation rate tracks price hikes in regular items like clothes and electronics, but skips the drama of food and energy prices because they’re too wild to pin down.

High core inflation?

Means your wallet’s feeling lighter, businesses might pass costs onto us, and the government could hike interest rates, which generally sends stocks tumbling.

LEARN TO EARN

Get Paid to Learn 🧠

So long, Degens, the BIG BRAIN ERA has arrived!

99Bitcoins, the website and blog about cryptocurrencies and bitcoin, is launching a new token ($99BTC) that pays you for learning.

Getting paid to get smarter, who woulda thunk it? 

Here’s a breakdown of this big move:

  • 99Bitcoins is going to provide a comprehensive curriculum for both crypto newbies and long-term web3 adopters

  • Courses range from blockchain basics to trading signals and strategies

  • Users can earn $99BTC tokens and level up their ranking within the ecosystem by completing various learning modules

The new token will be built on the Bitcoin blockchain and is currently in presale. The cool thing it if you participate in the presale you get a chance to win $99000 of Bitcoin… Click 👇️ 

BITCOIN REPLACES CASH

NEW ERA FOR BITCOIN

Lighting has struck!

Lightning Labs CEO Elizabeth Stark walks on stage at FT Live's Crypto and Digital Assets Summit like:

She announced that Lightning Labs is tapping into Bitcoin's “Taproot” upgrade to welcome stablecoins to the Bitcoin blockchain.

Taproot is Bitcoins 2021 upgrade that made Bitcoin transactions quicker to verify, harder to trace, and improved the network's ability to handle more transactions efficiently 📈

But why fix stablecoins…they’re stable, right?

Stark argues that stablecoins suffer on current blockchains due to high transaction fees and other issues, like security.

She isn’t wrong depending on the time of day, a $10 transaction on some blockchains can cost you $100 in fees… 🤦‍♂️ 

*cough cough Ethereum cough cough*

Stark believes Bitcoin’s network is the best blockchain to facilitate stablecoins because it “is the most secure and decentralized”

Stark highlights that given the growth in value of the stablecoin market, more infrastructure is needed to enable the rolling out of stablecoins and real-world assets on the Bitcoin blockchain.

“That’s why we’re building this protocol, this technology right now. We’re not issuing assets, we’re building the rails. Asset issuers will use our technology to issue real-world tokenized assets”

Elizabeth Stark

Growth of Stablecoin Market From 2015

Here’s what it means for you:

  • Access stablecoins directly on Bitcoin

  • Stablecoin transactions that cost as low as a cent or less

  • Save on fees compared to traditional systems like Visa (up to 3% in the U.S.)

  • Tap into real-world assets like tokenized gold, bonds, commodities and other traditional assets

GAMEFI

1 WORD GAMECHANGER — NOTCOIN EMERGES 👻

Sass has entered the convo

Introducing Notcoin (NOT) Cryptos biggest DIVA

Notcoin, a Telegram-based play-to-earn game built on the TON blockchain, has attracted over 35 million players.

And it's been the talk of the town trending on Google, Twitter, AND Reddit recently. Here's what you need to know:

  • Notcoin is a social clicker game on Telegram 

  • Players tap the gold coin displayed on-screen to earn Notcoin

  • Earned Notcoin can be used to buy cosmetic upgrades

You might be wondering, why are 35 million people wasting time tapping a screen? Great question btw 😆 

The Notcoin team announced an airdrop (free tokens) of a real token, NOT, for early players.

The slick thing is, the launch will be fair, here's what the team had to say 👇

But why all the hype?

  • Binance, the crypto titan, is set to launch Notcoin on the Binance Launchpool in literally a week.

  • Bybit has also announced the upcoming NOT listing on its Spot trading platform

  • OKX, the cryptocurrency exchange will host a Jumpstart Mining event for Notcoin

GameFi is a massive emerging industry and 35 million active players make NOTCOIN the largest GameFi project in crypto!

NOT too shabby 

This Project is NOT to be missed 😉

The puns write themselves at this point 😏

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