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- 🪙 $0.50 Takes BTC
🪙 $0.50 Takes BTC
How much did 50 Cent make by taking BTC for tunes ten years ago?
Sebastian Soran
June 03, 2024
Happy Monday, Zingernation! 50 Cent accepted Bitcoin for his album “Animal Ambition” 10 years ago — how much is it worth now?
Today, we cover what ETH price impact to expect from the ETFs, what the big money is thinking about PayPal’s options and more.
Plus, our partner brings a first-of-its-kind digital solution to the global commodities supply chain sector.
MARKET SNAPSHOT
TOP STORY
Briefly: What can we expect for the price of ETH now that ETFs are coming soon?
So Basically: Experts estimate a range of potential inflows: between 15% and 50% of the inflows for Bitcoin ETFs
So Then: Every billion counts because one billion dollars in net inflows could move Ethereum's price by approximately 10.8%
So What: An analyst puts the bear case at $4,428, the neutral case at $5,294 and the bull case?
TOGETHER WITH RESOURCE STOCK DIGEST
Amazingly, the $11T global commodities sector still runs primarily on paper transactions and phone calls!
And thus, a comprehensive digital solution for moving commodities around the world has been long, long overdue.
One tiny company — trading completely undiscovered around 15-cents per share — has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector.
For investors, it’s an early-stage opportunity in a company with a true first-mover advantage in a globally diversified sector.
Click here to read more
FIVE ZINGERS
Fiddy Cent: We don’t know what you heard about him, but he loves the mother-lovin’ B.T.C. (that he earned from album sales).
Trend As Friend: Bitcoin’s macro outlook this week is good and the trend is our friend, predicts this analyst.
Big Money: What’s Big Money thinking about Visa options? Not what you might think.
Insanely High Conviction This trader is dead certain DOGE will outperform BTC this cycle and tells us exactly why.
BTC Only: Cathie Wood has no interest in an Ethereum ETF and Ark will focus solely on its spot Bitcoin ETF.
FINTECH FOCUS
Briefly: High-rolling investors have positioned themselves bullish on PayPal Holdings - Benzinga's options scanner spotted 13 options trades.
What Happened: The sentiment among these major traders is split, with 46% bullish and 38% bearish. Among all the options we identified, there was one put, amounting to $30,000, and 12 calls, totaling $5,922,355.
What Else: Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $37.5 to $95.0 for PayPal Holdings over the last 3 months.
Why It Matters: An analyst from New Street Research downgraded its action to Buy with a price target of $80 but an analyst from Mizuho has elevated its stance to Buy, setting a new price target at $90.
TOGETHER WITH RESOURCE STOCK DIGEST
Amazingly, the $11T global commodities sector still runs primarily on paper transactions and phone calls!
And thus, a comprehensive digital solution for moving commodities around the world has been long, long overdue.
One tiny company — trading completely undiscovered around 15-cents per share — has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector.
For investors, it’s an early-stage opportunity in a company with a true first-mover advantage in a globally diversified sector.
Click here to read more