PLUS: VCs are starting to return to crypto ð November 10, 2023 | [Read Online]( Todayâs edition is brought to you by [The Crypto Code]( â The premier research and education company teaching thousands worldwide how to use automation to secure daily profits in crypto. [Get $10 in Bitcoin when you attend their free workshop!]( GM. This is Milk Road, your friendly neighborhood crypto paperboy - Extra! Extra! Read all about it! Hereâs what we got for you today: - ETH is up BIG. Hereâs why ð¤ - Learn how to automate crypto profits ð - VCs are launching $100M+ crypto funds ð - Would you rather⦠ð§ - The Walking Dead and Peaky Blinders are coming to the metaverse ðª
[Prices as of 7:00 AM ET. Click here for our Fear & Greed Index]( ETH IS UP BIG. HEREâS WHY ð¤ Crypto prices have been pumping all year long. But thereâs one token thatâs been laggingâ¦Â [ETH](. Itâs been stuck in the $1,600 - $1,800 range and hasnât rallied like other major tokens this year. (i.e. [BTC]( is up +124% YTD and [SOL]( is up +398% YTD.) If the crypto market was a prison yard, ETH would be some guy named âRicoâs b*tchâ. Well, yesterday that all changedâ¦ETH pumped 10% on the day and hit $2,000 for the first time in 7 months! So why is ETH pumping? One word⦠BlackRock. The largest asset manager in the world ($9T AUM) made a few big moves yesterday: - Registered a new corporate entity named âiShares Ethereum Trustâ. (It did something similar before filing for a spot Bitcoin ETF earlier this year.) - Filed paper with Nasdaq to launch a new ETF product. Both signs point toward one thing⦠BlackRock is trying to launch a spot ETH ETF. Why this matters: ETFs offer a way for investors who arenât comfortable buying tokens to get exposure to the industry. And to meet the demand of ETF investors, institutions need to load up on the underlying asset (in this case ETH). More demand + more adoption = higher token prices. (and a happy Milk Man.) [PEACE OF MIND REGARDLESS OF MARKET MOVES]( No charts, no timing the market, no stress. What if you could take advantage of these things without compromising returns? Well, thatâs where [The Crypto Code]( comes in. They have a free workshop coming up where anyone can learn how to put their crypto trading into autopilot. Hereâs what workshop attendees can expect: - Case studies of past campaigns that generated [up to $4,000/week]( - An inside look at [a breakthrough campaign]( that made $8,803 in just two weeks - Stories from other students who've gone through the program and had success The cherry on top? Whether youâre a crypto novice or enthusiast, this strategy is for everyone. And all participants receive $10 in Bitcoin just for attending. [Grab a spot for the FREE webinar while they still last!]( VCS ARE LAUNCHING $100M+ CRYPTO FUNDS Check it out. Crypto prices havenât been the only thing rallying recently⦠So has VC funding. This week alone: - LightSpeed Faction announced a new $285M crypto fund. - Standard Charteredâs SC Venture and SBI Holdings announced theyâre investing $100M into crypto startups. - Maven announced itâs raising another $100M fund (and itâs already raised more than a third of the funds so far). We found some live footage of crypto VCs taking calls this week⦠[Source: Tenor]( Jokes asideâ¦this is a positive sign for the industry. More $$ in VC funds = more $$ deployed into crypto startups = more $$ to build and grow. *Takes a deep breath* Ahhhh... Prices are green. VCs are raising 9-figure funds. Nature is healing. WOULD YOU RATHER⦠OWN 1 BTC, 20 ETH, OR 800 SOL? This was a pretty interesting stat⦠1 [BTC]( will get you about about 20 [ETH](. Itâs the highest ratio weâve seen in 2 years⦠[Source: @punk9059]( We can also add [SOL]( to the party⦠1 ETH gets you about 40 SOL. The lowest ratio weâve seen all year long. (Btw - 4 months ago, 1 ETH could get you about 100 SOL) [Source: @punk9059]( So we got curious⦠Which would you rather own? - [1 BTC](
- [20 ETH](
- [800 SOL](
- [None of the above. (F*ck them coins)]( Click on your answer above. Weâll share the results on Monday! BITE-SIZED COOKIES ðª [Wondering what the resolution of SBFâs trial means for crypto?]( Bakkt®  shares its thoughts on what the trial has taught the crypto community about playing by the rules. [Check it out here!](* [The Sandbox is creating a new âcinematic-themed neighborhoodâ in its metaverse](. The digital neighborhood will feature well-known Hollywood brands like "The Walking Dead," "Black Mirror," "Peaky Blinders", and "Cheech and Chong". [MicroStrategyâs Bitcoin position just reached $1B in unrealized gains.]( For Michael Saylor, there truly is no second best. [Kraken has helped U.K. police return $2M+ in stolen crypto to victims](. Under âOperation Hyphen,â Kraken assisted the South East Regional Organised Crime Unit in converting the stolen funds into GBP before they could be paid back to the victims. [Celsius is making its way out of bankruptcy after a U.S. judge approved a plan to pay back creditors](. Creditors voted in September in favor of a plan, which would distribute about $2 billion worth of bitcoin and ether to creditors. [Polygon Labs launched its new $85M grant program](. Itâs offering a total of 110M MATIC (its native token) to ââprojects in decentralized finance (DeFi), gaming, social media, etc. *This is sponsored content MILKY MEMES ð¤£
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