Sponsored by

Supercharge your financial IQ with the hottest stories that will impact the stock market! 💰

Click the link below to receive the latest and greatest market news! Don’t just stay informed, stay one step ahead! 📈

Ready to elevate your investing journey to new heights?

Unlock the power of informed decision-making with our daily newsletter, tailored to empower investors like you. The Early Bird delivers crucial insights that keep you ahead in the stock market, ensuring you make profitable decisions.

Why Join The Early Bird?

• Join millions who trust us

• Discover daily recommendations

• Unlock hidden opportunities

• Make informed investment decisions

Receive our #1 stock tip every day at 6:59 am – absolutely FREE!

Welcome back to Bull Market Bytes, your weekly cryptocurrency insight where we wait in anticipation for the next bull run so we can tell everyone… “Told ya so!” 😂

Exciting topics for this week!

📰🚀 6 Million Bitcoins are Lost?!

💼📌 Weekly Bulletin Bytes

📈🔍 Bonk Price Forecasting

📚✏️ Weekly Lesson: Crypto Wallets

🤣🙌 Memes of the Week

🤓 Fun Fact of the Week 💡

In early 2011, Stefan Thomas was paid 7,002 Bitcoin to make a YouTube video titled,” What is Bitcoin?” 😎

At that time, that amount was valued at ~$2,660.76.

Well, that amount is now valued at over $329M! 🤯

Unfortunately, the Bitcoin was on a password protected drive…that he forgot the password to! 🤦‍♂️

He said that he only has two more guesses until the drive is wiped clean!

Read more below! 👇

The USB Drive Now Worth $329M!

6 Million Bitcoins are Lost?!

At the time of writing this newsletter, there are currently 19.6 billion Bitcoins in “circulation”!

Some are being traded on exchanges, some held in wallets, and some are…

LOST! 😨

It is estimated that 20%-30% of Bitcoin’s circulating supply is lost or inaccessible.

So, what exactly does this mean? 🤔

Let’s take a journey way back to when Bitcoin was less than 10 cents.

Back to when we were jamming out to “California Gurls” by Katy Perry and buying tickets to see the third Twilight movie. 🤣

In 2010, 100 Bitcoin was only about $5…

No one was going to lose sleep if they lost this small amount.

As time progressed, people forgot about the Bitcoin they owned, even throwing away old hard drives and forgetting their wallet passwords. 😞

Over Bitcoin’s 15 years of existence, this has compounded and is very evident due to the dormant Bitcoin wallet addresses.

Take this wallet address for example. 👇

79,956 Bitcoins were added on the 1st of March 2011 costing $1,351,492.

This wallet address has 0 outgoing transactions and is now worth $3,197,930,813!

That is a 236,522% increase! 🤯

Either the owner has diamond hands and refuses to sell, or they have lost access to the wallet. 😬

Why Should You Care?

Even though the maximum amount of Bitcoin to ever exist is 21 million:

1: The last Bitcoin won’t be “mined” until the year 2140. 👀

2: As Bitcoin continues to be lost and inaccessible, it is estimated that only upwards of 13M-14M will truly be in circulation.

So, the reason that you should care… 👀

Bitcoin is more limited than we thought!

🧠 Remember: At the time of writing this, there are 8,090,477,464 people in the world and a potential of only 13,000,000 Bitcoin to be in circulation! 😲

Weekly Bulletin Bytes

Looking to buy real estate with cryptocurrency? With over $50 million worth of real estate already bought, this new company accepts cryptocurrency for assets located in Portugal and the country of Georgia.

What exactly influences the approval for a spot Ethereum ETF? After the spot Bitcoin ETFs were made public, the cryptocurrency world stands in anticipation for Ethereum to possibly be the next approved.

Monero drops 35% after this Binance announcement! It appears that Monero (XMR) is next on the chopping block to be removed from the Binance exchange. Will Monero recover?

Mobile payments app “Oobit” raises $25M! Oobit allows users to pay with cryptocurrency while the merchant receives fiat currency from the transaction. This app can be used at any business that accepts Visa or Mastercard.

Should Bitcoin short sellers brace to “get squeezed”? Bitcoin pushes above $48,000 for a moment and is eyeing $50,000! Is this the next step towards breaking the all-time high?

Solana network down, blockchain comes to a halt! The crypto community stood and watched Solana’s blockchain come to a halt and experience downtime.

Bonk Price Forecast

In the last 3 months, Bonk made a very impressive run of 6,185%! 👀

This token, built on the Solana blockchain, continues to show promise and aims to be a top performer going into 2024-2025.

🧠 Remember! This is only a projection, this is not the exact numbers that we saw in our crystal ball, I mean in the conducted analysis. 😅

⚠️ This is NOT a call to action! The potential high price stated above is subject to change based on outside variables.

Crypto Wallets Options

Class is now in session! 📚

This lesson could save you millions during the next bull run! 👀

Protecting your crypto assets are the top priority and knowing the different options you have is key! 🔑

There are three most known types of crypto wallets:

1: Hot
2: Warm
3: Cold

For this week’s lesson, we will dive deeper into the hot and cold wallets! 🤿

“Hot Wallets”

Hot wallets are those that are connected directly to the internet which allows you to manage your crypto assets.

This type includes keeping your crypto on an exchange like Coinbase or even the browser plug-in Metamask.

Because they use an internet connection, they are more user-friendly and convenient as your assets are ready to trade/transfer.

However, they are more susceptible to being hacked or compromised. 🕵️

Hot wallets are normally free to download, but some may charge a monthly fee.

What are our thoughts on hot wallets?

Accessibility: 🌟🌟🌟🌟🌟
Convenience: 🌟🌟🌟🌟🌟
Cost: 🌟🌟🌟🌟
Security: 🌟🌟

“Cold Wallets”

A cold wallet, also known as a cold storage, securely protects your cryptocurrency in a device that is off the network. 🔒

Popular cold wallets include the Ledger and Trezor series, along with the Ellipal Titan, and Ngrave Zero.

Because they store cryptocurrency off of the network, they provide a very high level of protection and security.

However, these devices can be easily misplaced, stolen, or even damaged! 🤕

The price of cold wallets varies from $50 to over $200 for the more high-end models.

Much higher compared to a hot wallet. 😬

What are our thoughts on cold wallets?

Accessibility: 🌟🌟🌟
Convenience: 🌟🌟🌟
Cost: 🌟🌟🌟
Security: 🌟🌟🌟🌟🌟

🧠 Remember! Do not leave your crypto on an exchange after trading!

You do not own the private keys and if the exchange is hacked, you could lose everything! 😭

“Not your keys, not your crypto!”

Ready for your lesson review?

📚 Make sure to review the lesson above before answering!

Question: Which cryptocurrency wallet type is best for making sure your assets are secure and off the network?

Memes of the Week!