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Open this if you love NFTs

Alien Frens alpha, Bitcoin's downfall, and U.S. treasury crypto adoption!

Author

Hunter Maier
April 13, 2022

Happy Hump Day!

If you ended up grabbing a whitelist spot for iSeaMonsters, you have until to 10:00 AM PST to mint! Reveal is this Friday, I can't wait to see my little guy! 

AFE also reveals this Friday, more on that below :)

On to the news!!!

In today's newsletter:

👽 This week in Alien Frens...

📈 Bitcoin held nicely!

💸 The U.S. treasury is bullish on crypto!

Projects on the come up:

This week in Alien Frens:

Alien Frens holders are in for a treat this week!

For those unaware, Alien Frens is a 10k pfp NFT made up of, you guessed, aliens. While many argue the art lacks luster, the community behind the given collection is truly impeccable. Some project's most notable utilities include its quarterly roadmaps, numerous giveaways, and IRL events! I should know; I own one!

Last night, all Alien Frens holders were airdropped an incubator for this week's upcoming non-dilutive collection, Alien Frens Evolution! Holders can either: Hold their incubator for an unannounced future use case or burn their incubator for an AFE (similar to BAYC's mutant serum).

If you missed out on the incubator airdrop, there's still time to get in on AFE, revealing this Friday! Upcoming holder utility includes:

Crypto is down bad: 

Bitcoin 1hr - Webull

As mentioned yesterday, Bitcoin's been moving :) to the downside :(

While our portfolios have been nothing but red over the past few days, Bitcoin has seemed to slow down and even show signs of a reversal with a double bottom at a significant upside demand zone. 

While our portfolios have been nothing but red over the past few days, Bitcoin has seemed to slow down and consolidate, showing signs of a potential reversal! With the double bottom shown above on the hourly chart, Bitcoin may soon begin its ascension back to the top!

Nevertheless, holding this level is critical.

Pray for BTC!

U.S. treasury comes to adopt crypto:

A few newsletters ago, I covered Biden's new executive order calling upon the government to become acquainted with the ever-growing digital economy (crypto, decentralized finance, and other forms of web3 technology).

Since then, the U.S. treasury has recently responded by acknowledging the innovation behind the new technology and its future use cases.

"This growth in digital services has opened a world of possibilities and risks that would have seemed fantastical only a few decades ago. Financial services – along with most industries – have evolved in response to exponential advances in computing power and connectivity." - Secretary of the Treasury Janet L. Yellen.

A relatively new publication (April 7th) shared what Yellen summarized through her recent remarks. In summary, she spoke on:

  • How crypto could help our current financial system

  • Stable coins may play a more significant part soon

  • Regulation is a MUST

  • Unity is required to ensure responsible innovation

My thoughts...mainstream adoption is coming😈

Read the complete statement here!

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DISCLAIMER

Nothing mentioned in this newsletter is financial advice, we are NOT financial advisors. NFToday was created with the intent to entertain those who choose to read and be a part of the community!