Daily Crypto NewsEDITION #1114, 11 December

Dip Are Not For Sale

Today is International Mountain Day. Mountains are a lot like market charts: the former calm your soul, while the latter keep you on edge.

Let’s get straight to the point — because we value your time. Time is Moni.

What’s Up?

Microsoft officially scrapped its plans to create a strategic fund in $BTC. Seems like now’s not the time. Maybe we’ll see a positive decision in 2028 :)

Speaking of markets overall, pay attention to economic guru Ray Dalio. He believes the US and China may face debt crises in the coming years. As a result, he prefers holding wealth in gold and Bitcoin rather than traditional currencies.

As for the here and now — $300 million flowed into an Ethereum ETF yesterday. That’s why I’ll say it again: selling during dips in a bull market is like throwing your phone out the window because its battery died. Total nonsense.

I’m staying bullish — how about you?

Other Big News:

– Pudgy Penguins are launching their token on Solana by the end of this year.

Looks like NFTs are making a comeback through tokens tied to NFT collections. We’ve seen this before from BAYC ($APE), and now Milady. Seems like established collections are jumping on the trend.

We’re keeping a close eye on this — expect others to follow soon.