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Health, Wealth, and Happiness

January 26, 2024

"Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought...Life will have terrible blows, horrible blows, unfair blows, it doesn’t matter. Some people recover and others don’t. There I think the attitude of Epictetus is the best. He thought that every mischance in life was an opportunity to behave well. Every mischance in life was an opportunity to learn something and that your duty was not to be immersed in self-pity, but to utilize the terrible blow in a constructive fashion. That is a very good idea."


- Charlie Munger

Howdy, investors!


  • Why does stability matter? Although it's fun to watch "The Real Housewives," today we show the importance of stability vs. volatility, and why crypto investors should avoid drama.


  • Three new crypto indices were launched this week, giving investors more options and expanding the continued march of global crypto domination.


  • Bitcoin seems to have experienced a "sell the news" event following the launch of bitcoin ETFs, but that doesn't mean you shouldn't keep accumulating BTC.


  • According to the latest report from Flipside Crypto, sentiment isn't the only thing that's changed lately. The data shows user behavior is shifting — and with it, crypto markets.


Read on to explore more!

The Real Housewives of Crypto

by John Hargrave

Crypto sometimes reminds me of The Real Housewives.


As entertaining as it is to watch Teresa Giudice’s table flip or the ongoing feud between Lisa Vanderpump and Kyle Richards, most agree that stability is generally better than volatility.


And, just like kids and relationships do better in stable situations, economies and crypto projects do better when their value is stable and predictable.


Although I'm an OG investor in this space, I only recently realized the weird thing about crypto that's different from regular investing. Here’s how I learned it's better to invest in projects that are free of drama.

Read the rest of the article here >>

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Must Read

Today's most important stories for crypto investors.

HashKey Capital Launches Three Crypto Indices with FTSE Russell (The Block)

HashKey Capital and FTSE Russell have introduced three new indices to track the performance of crypto assets. As FTSE is a subsidiary of the London Stock Exchange Group that provides indices worldwide, this is another indicator of how crypto is making its way into mainstream finance. HODL it down!

Spot Bitcoin ETFs are a Hit, So Why are Crypto Prices Down This Week? (Coinbase)

Bitcoin prices surged in 2023 in anticipation of the introduction of spot BTC ETFs. However, after the launch of these ETFs in January, bitcoin's gains tapered off, with a 20%+ decrease from post-ETF highs. Remember, kids: bitcoin's value has increased by over 70% in the past year.

The 2024 Onchain Crypto User Report (Flipside Crypto)

This report highlights May's peak user volume, with significant activities in DeFi and NFTs. Superusers were mainly engaged in DeFi, indicating a shift towards Layer-2 networks for cost-effective transactions. Investors may want to evaluate top Layer-2 and DeFi projects in the coming months.

ICYMI
In Case You Missed It

Beyond Bitcoin: Best Cryptocurrency ETFs for 2024

See our updated research on each.


Investor's Guide to Layer-2s

Which Layer-2 tokens are the best bet?


An Open Letter to Gary Gensler

Education, not litigation.


The New Bitcoin ETFs: How to Invest in 2024

Meet the 11 new ETFs and our research on each.


Gold ETFs vs. Bitcoin ETFs

+ What we can learn from history.

Best Stablecoin Interest Rates

The best rates for staking and lending stablecoins this week.

Click here to see our current rates, updated weekly.


Note: Nexo rates are dependent on your Nexo Loyalty Tier, which is based on the number of Nexo tokens held in your account. Your rates may vary.

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Bitcoin Market Journal is a daily newsletter that makes you a better crypto investor. It's created by John Hargrave, Steve Walters, Gerald Jackson, Anatol Antonovici, Matthew Du, Daniel Joel, and Preetam Kaushik.


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