When to Take Crypto Profits
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- 👨⚖️ Prosecutors want SBF in jail for 50 years. Prosecutors want a near-life sentence for SBF, calling for 40-50 years. SBF's defense is asking for 6 years. His sentencing will be announced March 28.
- 💸 Binance spun off venture arm. Binance's $10B venture capital and incubation arm, Binance Labs, has spun off from the company and is now an independent entity.
- 🕹️ Arbitrum's gaming play. ArbitrumDAO wants to bet big on gaming with a new 200 million ARB fund for funding gaming efforts in the ecosystem.
📊 SOL Cycle. Crypto assets experienced an overnight sell-off, compounding losses from their Thursday morning plunge and pushing Bitcoin 11% off the all-time high it set just prior to the initial decline. Which L1 ecosystem finds itself positive on the day despite the drops?
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.57T | ↘ 4.4% | ↘ 0.7% |
|
BTC $67,781 | ↘ 4.5% | ↘ 2.1% |
|
ETH $3,619 | ↘ 6.0% | ↘ 8.1% |
The thrill of the crypto bull market can be exhilarating. Prices soar. Your portfolio hits new all-time highs each day. However, the key to truly capitalizing on these moments lies not just in buying wisely but in selling wisely.
Most people focus heavily on entry points, but it's the exit strategy that often determines whether you leave the bull in a state of success or not. In our volatile industry, mastering the art of taking profits proves the most important skill.
Responsible growth is hard to keep in mind when memecoins are ripping all around you! Check out these tips 👇
Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.
Nouns are one of crypto's most high-potential NFT communities. The Nouns are an onchain collective that fund creative efforts to build up Nouns as a decentralized brand and as a memetic force for good.
All that said, it’s a project worth keeping tabs on, so for today’s post, let’s catch up on the current pulse of the Nouns ecosystem to see where it stands.
See what's happening in Nouns DAO 👇
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.