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🏠 Bitcoin. $50,000.
Like a Phoenix from the ashes
Gm. Happy Valentine’s Day to all those who celebrate. If you have a special somebody in your life, make sure they feel special today. If you don’t, don’t worry, Bitcoin is back above $50,000.
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🏠 CRYPTO
The BTC Comeback Continues
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777 days.
That’s how long it took for Bitcoin to finally break back above the $50,000 milestone last reached on December 27th, 2021.
But baby, we’re here now. And we’re so much stronger than we were back then:
This rally has come despite a historically hawkish Federal Reserve.
Luna, FTX, Celsius, and 3AC are now things of the past.
The Bitcoin ETF is here and pulling in hundreds of millions of inflows a day.
Grayscale is virtually out of coins.
And yet, despite all of these bullish signals, most people are still asleep at the wheel. Many a smart trader on Crypto Twitter are sidelined, while my “normie” friends still think crypto is dead and a scam.
Meanwhile, Bitcoin is up 122% in the last year, Solana is up 367%, and Ethereum is up 60%.
The most hated rally continues.
The Big Picture: Crypto interest likely won’t pick up for real again until all-time highs ($68k).
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🤝 THE LATEST IN…
TECH
Lyft made a typo for the history books.
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The EU is letting the iMessage green bubbles live on.
Mastodon is now homies with Meta.
AI
Could AI actually rebuild the middle class?
Nvidia is launching a chatbot that runs locally on your PC.
Bret Taylor is back with a new AI customer service company.
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SCIENCE
The question is not if we will dim the sun. It’s when we will dim the sun.
Calcium-based batteries last a really long time.
CRYPTO
Solana’s second phone has more than 100,000 presales.
Franklin Templeton is joining the ETH ETF race.
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🏃♀️ QUICKIES
Raise: Polycam, an app that uses a smartphone’s sensors to capture 3D scans of objects, closed an $18M Series A round.
Stat: 0.3%: How much CPI increased in January. Sorry crypto bros, we might have to wait a bit longer for that rate cut.
Rabbit hole: Tech Strikes Back (The New Atlantis)
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😂 WACKY AI WEDNESDAY
I know this isn’t AI, but I just couldn’t leave this out.
The only worthy reason to buy Apple Vision Pro
— NO CONTEXT HUMANS (@HumansNoContext)
1:48 PM • Feb 10, 2024
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🛠️ FOUNDERS CORNER
The best resources we recently came across that will help you become a better founder, builder, or investor.
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💉 DOPAMINE HIT
Late is on time.
@cody.taurus (sound on) what kinda stories yall gotta sit thru?😂
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