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GM everyone. This is 2036, the crypto newsletter that pays you.
Today is Favorite Friday, where we serve up the resources we most enjoyed this week 🍲.
So if you're looking for content to dig into this weekend, this is your list...
🥢 Our Favorite Resources
What we most enjoyed this week
1/ Argentina’s likely next president is as pro-bitcoin as it gets. And that is great news.
Holy shit bro. This dude is on the verge of becoming Argentina’s next president and he’s out here explaining Bitcoin and Ethereum. Dude is a total chad
— DGH (@danielgothits)
3:55 PM • Aug 14, 2023
🇸🇻 El Salvador was the first country to make Bitcoin legal tender.
But El Salvador is the… 104th largest economy in the world. Not exactly a heavy hitter.
🇦🇷 Argentina, however, is the 23rd largest economy in the world. We’re moving up.
Argentina has tremendous influence in South America. And their acceptance of a pro-bitcoin candidate could be a wake-up call for candidates in neighboring countries…👀
2/ Today might be a very important day in crypto.
It’s the day we could get a ruling on the Grayscale suit against the SEC.
Grayscale operates several crypto investment funds. And two years ago, the SEC denied Grayscale’s request to convert those funds into ETFs.
So Grayscale sued the SEC.
A ruling by the court in favor of Grayscale could be huge for Grayscale (which operates $GBTC and $ETHE) and pave the way for bitcoin ETFs.
Yesterday, the SEC announced they were ready to approve Ether Futures ETF. So we expect that as Bitcoin ETFs get approved, Ether ETFs will be right behind.
GBTC up today despite #Bitcoin being down.
Potential ruling tomorrow in the Grayscale case vs. the SEC.
Someone thinks they're going to win?
— Stack Hodler (@stackhodler)
2:43 PM • Aug 17, 2023
Our ETF team is hiring. 👀
— Grayscale (@Grayscale)
1:16 PM • Aug 17, 2023
Active Bitcoin ETF filings and decision deadlines. Important dates:
- 10/05/23 Grayscale vs. SEC case final deadline
- 1/10/24 Ark Invest ETF final deadline
- 9/02/23 Blackrock/Fidelity ETF soft deadlines
- 3/14/24 Blackrock/Fidelity ETF final deadlines
— Will Clemente (@WClementeIII)
2:03 PM • Aug 17, 2023
3/ Yesterday was the second-most volatile day of the year in crypto. Prices crashed 📉… and quickly rebounded 📈
There has been more $BTC liquidations today than during the FTX collapse last November.
— Miles Deutscher (@milesdeutscher)
7:38 AM • Aug 18, 2023
It’s impossible to know exactly which one thing caused the crash. A lot happened yesterday.
Instead, we’ll leave you with this…
Buying spot on the biggest liquidation event of the year before ETF approvals and the halvening seems like a good idea to me.
— Aylo (@alpha_pls)
10:51 PM • Aug 17, 2023
ETH sub 1650, with futures ETF 7 weeks away is as good an RR as you are gonna get
Just buy, hold through the noise and sell in early October on launch
— Hal Press (@NorthRockLP)
10:17 PM • Aug 17, 2023
4/ To lighten the mood, this is the greatest explanation of bitcoin and money I’ve seen all year.
If you only watch one thing this week, this should be it…
JUST WOW!
A great short explanation of what money & #Bit#Bitcoin
This is not just a kids show: http
— Robin Seyr (@RobinSeyr)
6:33 PM • Aug 16, 2023
If you enjoyed that, you’ll enjoy the full version right here:
It's here! ⚡️
The world's first kids cartoon about #Bitcoin
@saifedean@natbrunell@ZubyMusic@elonmusk@saylor@APompliano@novogratz@aantonop@BarrySilbert@ErikVoorhees@maxkeiser@BitcoinMagazine
— Tuttle Twins TV (@TuttleTwinsTv)
10:46 PM • May 3, 2023
🐦 A couple of Tweets we found interesting
The best of the bird
There are 4 Phases of a Bull market.
We’re nearing the end of Phase 1. Here's how to play market cycles so you don’t screw up your best chance at generational wealth.
Here’s your playbook for:
1) Navigating each phase of the bull market
2) Maximizing your profits
3) and… twitter.com/i/web/status/1…— Edgy - The DeFi Edge 🗡️ (@thedefiedge)
11:12 AM • Aug 17, 2023
Disclaimers:
1. long spiel below
2. some of this is rehash from prior tweets but wanted to consolidate view in one place
3. NRD owns ETH, ETHE and GBTCETH futures ETF coming in early/mid October is really the only thing I feel comfortable betting on currently.
These ETF's… twitter.com/i/web/status/1…
— Hal Press (@NorthRockLP)
4:41 PM • Aug 15, 2023
🏆 The winners of this week’s task
Earn $15 in ETH for creating a meme
Thank you to everyone who participated in this week’s task!
We were going to crown two winners, but your meme game was so good we decided to pick three instead.
🏆 Here are the winners:
Connect with Daniel here.
See David’s work here.
Congratulations to Daniel, Nate, and David 👏 - your $15 in ETH are on their way.
Paid tasks will resume next week.
🖼️ Crypto meme of the day
From across the world wide information superhighway
A typical day in crypto land
🍵 This newsletter is for you…
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