Zeneca, BTC Halving, Coinbase, OKX, SEC, Ultiverse, Ordinal 625

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👀 WHAT’S THE META.. 👀

GM, GA, or GN wherever you may be.

Want to stay ahead of the curve? Don't worry we got you. The market has been brewing, here's what's currently happening:

"Urgent: Disable iMessages Now" to Safeguard Against Crypto Zero-Day Exploit, Advises Trust Wallet.

Coinbase Features Bitcoin Halving in Latest Advertisement.

OKX Debuts Ethereum Layer-2 Network, Challenging Coinbase's Base.

The crypto sector is incensed as the SEC targets Uniswap.

Bitcoin's 2024 Halving: Understanding Its Mechanism and Significance

Ultiverse ia an AI-driven gaming platform supported by BinanceLabs, Sequoia, IDG Capital, Animoca Brands, and others. Pioneering Web3 gaming adoption through AI, crafting exceptional launch experiences for over 300+ integrated projects.

Script to Win ✍️

Join Ultiverse's game distribution journey and secure your Gold Chip whitelist spot today. Content creators, gamers, and AMA speakers alike are invited to contribute their unique talents and earn rewards from Ultiverse and our esteemed partners. From Gold/Silver Chip whitelist spots to NFT/token airdrops and partnering NFT collection mint spots, there are opportunities for everyone to thrive!

Here’s how you can get involved:
Task: Craft content to keep the community updated on the latest developments, with a focus on compiling strategies to earn SOUL, $ULTI, and Silver/Gold Chip WLs. Content can take any form and be in any language.

💡Tip: Dive into recent X posts to gather insights and inspiration!

📩Submission Method:

1. Share your content link to [email protected] with your X id email subject 'Ultiverse Competition'.

2. AND Include the hashtag #UltiChronicles and tag @UltiverseDAO in your post.
   

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⏳Deadline: April 18, 2024, 12:00 AM UTC
🏆Prizes: The 'Chronicler' role + Gold Chip WL, Silver Chip WL

🔮 NFT EVENTS & DROPS 🔮

So many mints, so little time. Don't worry Mani's got you covered. Eight gems to keep an eye on this coming week.

1. @GENKIBTC

   Genki has finally emerged from the shadows ready to take over the anime space! 18 April 2024 11:00 UTC

2. @limitlesssauce

   The first Bitmap PFP collection unified under the Bitmap through distinct parent-child inscriptions placed on rare sats. 18 April 2024 14:25 UTC

3. @OrdinalXTribes

   Who controls the memes, controls the Universe. 19 April 2024

4. @OogaVerse

   The Space Race saga begins... A new epoch of the Oogaverse is about to unfold. 22 April 2024

🪙 CRYPTO DIGEST 🪙

This past week, Bitcoin navigated a zone of consolidation between the April open and the 2021 all-time high (ATH). However, by Friday, it dipped below the 2021 ATH, triggering significant weekend volatility. This downturn coincided with escalating global tensions, suggesting external factors influenced the market's movement. BTC found support at the upper range of 2021 ($61,769), a crucial level that might represent a significant macro back test. Moving forward, the interplay between this level, the 2021 ATH, and the April open will be pivotal in determining the market's direction—whether it sustains the current uptrend or regresses into a deeper pullback. Despite the fluctuations, the broader bullish market sentiment persists, yet investors should remain prepared for potential corrections as opportune moments for accumulation.

BTC Dominance reached a new cycle high of 57% amidst the weekend's market shifts, as altcoins suffered notably. While some altcoins are rebounding, the broader altcoin market remains in limbo amid ongoing global uncertainties.

ETH/BTC concluded the week below the critical 0.049 mark after briefly dipping to a new cycle low of 0.0462. The forthcoming weeks will be crucial; reclaiming 0.049 could signal a deviation at this key support, possibly catalyzing a phase where ETH outperforms BTC. Failure to do so could lead to a retest of the cycle low, with potential further declines.

Amidst these market conditions, gold continues its ascent, favored as a stable hedge against prevailing uncertainties. Meanwhile, the S&P 500 slipped below its ascending channel established since November 2023. While the general uptrend likely remains intact, preparing for its next higher low, there could be room for more pullback, especially as it approaches the significant $5,000 level.

As we navigate this environment, the recent hotter-than-expected CPI print and escalating geopolitical tensions warrant a cautious approach. The current landscape suggests continued bullish potential, but it is prudent to stay vigilant to the risks that could provoke more severe market downturns.

Thanks to our frens over at @Ordinal625 we have managed to secure 5 PRESALE OG spots FCFS Click here for OG Presale link »

🕵️ UNDER THE SPOTLIGHT: 🕵️

The current situation in Web3 has everyone a little scared.

Eth nfts haven't seen volume post memecoin run as this cycle has new dynamics. A bull market with Ordinals, NFTs on Bitcoin. A new form of provenance, one that has taken liquidity and tech to new heights.

Since the taproot update, this has technically been possible and thanks to Casey Rodarmor, for over a year traders have been inscribing data on the Bitcoin blockchain and connecting it to Individual satoshis with different methods to create Ordinals.

The next evolution of which is Runes. A new standard on Bitcoin. Wth the halving in 3 days Runes will launch and with it new liquidity, new protocols, and new communities pushing the boundaries of possible token interactions on btc. All while the ebbs and flows of etf funds, and the anticipated price discovery post rewards halving keep the value of bitcoin unpredictable.

Quicker than ever before Web3 continues to expand, new chains, new protocols, new use cases and as the tech expands there is as much made obsolete as there is emerging.

Do not get caught slipping right now, some of your favourite projects have grown stale, marketplaces, nft ecosystems, gaming projects, bridges, etc etc...many will be left behind.

Be mindful of where the liquidity is now, follow it. Trade with emotions and logic while the market finds its favourites. However be ready to jump into the next wave, post blast/base, post ordinals, post runes, something is coming...it always does. Keep your eyes open and find it, in the meantime have some fun and make geny wealth on btc and l2s, farm a few airdrops, and buy some of your favourite conviction plays knowing they will not be obsolete tomorrow (research that REALLY well to be sure please).

With eth possibly dipping below 3k, and solid price action to come only as it follows BTC or ETH ETF news becomes more and more bullish and a lot of liquidity flowing towards ruins, and BTC scaling solutions there will be some amazing opportunities on multiple chains for the next few weeks. As always, maintain some liquidity, use multiple walletstake a few calculated risks and have some fun.

📜 FOR THE CULTURE 📜

From Poker to NFTs: Zeneca's Journey

Former professional poker player Zeneca entered the world of NFTs with remarkable skill, expanding his collection from nothing to roughly 3,000 pieces valued at millions of dollars in less than a year. His journey began in 2017 when he first dabbled in crypto trading, but it wasn't until early 2021, amidst a booming bull market, that he truly immersed himself in the world of Ethereum and DeFi.

In November 2021, Zeneca launched the Zen Academy, an educational platform aimed at helping newcomers navigate the complexities of Web3. The academy offers courses, newsletters, and a welcoming community for anyone interested in learning about NFTs and crypto.

Despite the recent downturn in the NFT market and lack of interest, Zeneca remains optimistic about the future, believing that the market will evolve beyond simple avatar projects to NFTs with real utility, particularly in gaming. He predicts that the true bull and bear market for NFTs will emerge when they are more integrated with DeFi and leverage becomes a factor.

Zeneca's impact extends beyond his personal success in the NFT space. Through the Zen Academy and his advisory roles in companies like Blur, he has been instrumental in educating and empowering others to participate in Web3. His weekly newsletters, which continued up until last year, have provided valuable insights and guidance to thousands of subscribers, making him a trusted voice in the community.

Zeneca's journey from poker to NFTs is not just a personal success story but also a testament to the transformative power of education and community in the rapidly evolving world of Web3.