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RECAP: WHAT HAPPENED?
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RECAP: WHAT HAPPENED?

🏆✨ Winners, Losers, + Juicy Twists You Missed! 🔄🔥

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InvestAnswers
Apr 29, 2024
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Today’s Nuggets

  • Bitcoin Transaction Fees are Mooning and Why It Is Good for Miners

  • Swiss National Bank Pondering Bitcoin

  • Solana TPS is Back and Stronger Than Ever!

  • Stripe Supporting Stablecoins on Solana?

  • Most Stablecoin Transactions are on Solana

  • Solana Staking Spree Continues

  • MetaMask Porting Over to Solana

  • The Mag 7 Hits Historic Weighting in the S&P 500

  • FSD Goes Global!

  • Is Core PCE Heading in the Wrong Direction?


  • Ethereum had a good week, up 6%;

  • MATIC also did well after a very disappointing year;

  • Solana was down 1%; and

  • XRP was down a little bit, as well.


Bitcoin was down 1% as it has been flat the last two weeks with violent oscillations.


Where are we in the Bitcoin cycle?

All of the other cycles went up from here, plus or minus two to four weeks. The March 2020 COVID-19 issue caused a bit of a dip, which is the only anomaly from past cycles. 

The point is

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