NUGGETS OF ALPHA
It was a remarkable week for altcoins, as they outperformed Bitcoin
However, Avalanche experienced a 5-hour operational outage
The U.S. Department of Justice fined Binance $4.3 billion and is sending its CEO, CZ, to jail, marking a significant crackdown on crypto-related activities
Tesla reached 600,000 Powerwall installations globally, averaging 450 installations per day over the last 7 months, demonstrating significant growth in energy storage systems
NVIDIA's market valuation surpassed the GDP of major countries like Russia, South Korea, and Australia
The U.S. Truflation rate slightly increased from 1.32% to 1.74%
NVDA set a historical record by adding $277 billion in market cap in one day, reflecting the explosive growth potential within the tech sector.
It was a strong week for altcoins as everything in crypto beat Bitcoin last week, which is unusual.
Bitcoin up 1.17% last week
Ethereum back above $3,000
Solana recovered back to $104
This graph explains the difference between the U.S. dollar and Bitcoin. Fiat has unlimited supply, is not backed by anything, and is very centrally controlled, with one node that can hit the print button all day long. The critical question is,
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