PLUS: the best 4-year investment you can make... ð§ February 22, 2024 | [Read Online]( Todayâs edition is brought to you by [Funtico]( â a new gaming platform, powered by 100+ developers, where epic fun is fueled by incredible rewards. [Register for a chance to win prizes worth $100k!]( GM. This is Milk Road, spinning crypto stories like a DJ at the club â all hits, no skips. Hereâs what we got for ya today: - BTC just hit a new all-time high! ð - Graph of the day: BTC is a 4-year bet ð - The most surprising part of this rally ð§ - Sports Illustrated is headed to Avalanche ðª
[Prices as of 12:30 PM ET. Click here for our Fear & Greed Index]( BITCOIN JUST HIT A NEW ALL-TIME HIGH! ð Check it out. [BTC]( hit a new all-time high in 14 countries this week. I repeat⦠not 1, not 2, not 3⦠FOURTEEN (!!)
[Source: @balajis]( (Fun fact: these 14 countries [make up]( ~13% of the worldâs population and ~7% of the worldâs GDP). From Argentina to Japan to Nigeria, people around the world are flocking to the OG cryptocurrency. Why? - Inflation rates are soaring in most of these countries. For reference, Argentinaâs inflation rate just hit 254%. Ouch. - Local fiat currencies are facing rapid devaluation. Just check out the [10-year returns](for global currencies against the U.S. dollar. (Spoiler alert: itâs one big game of how-low-can-you-go). The result: BTC is becoming the financial equivalent of a bomb shelter during the ongoing currency wars. [INCOMING: THE $100K FUNTICO TOURNAMENT!]( Itâs time. Powered by $TICO, Funtico transforms your gaming prowess into epic rewards. With a lineup of 10 games in the works, from indie gems to AAA blockbusters, [Funtico is where your skills pay off big time](. How big? Snag your Summoner's NFTs and you're in the running for a Pudgy Penguin from the massive 100k USDT prize pool. Choose between the Warrior, Night Elf, or Necromancer NFT to unlock: - An epic rewards multiplier - Access to a guaranteed 100k USDT tournament - The top prize is a Pudgy Penguin â but also NFTs for PG Godjira, Killa Bears, and more How? Get your whitelist spot through Funticoâs Zealy campaign starting Feb 27, 2024, at 5 pm CET. From there, Funtico will release the tournament date for its Mario Kart-inspired racing game. [Join the Funtico Summoner whitelist and become one of the few who will fight for a lionâs share of $100k!Â]( GRAPH OF THE DAY: BTC IS A 4-YEAR BET Hereâs a crazy stat for you⦠During a 4-year investment period, [BTC]( has NEVER had annualized returns under 30%. No matter how badly timed the investment was.Â
[Source: @woonomic]( Now hereâs how that 4-year investment period stacks up with other assets (s/o to [Willy Woo]( for the data): - BTC: 30-60% annualized returns. - SP500: 10% annualized returns. - Real Estate: 10% annualized returns. BTC is in a league of its own. P.S. - Let me tell you a quick story related to thisâ¦Â The year was 2020. The world was locked down. It was chaos. The good news? Our bank accounts had just been injected with a $1,200 stimmy (aka stimulus checks). Some people used the money for business (i.e. pay rent, bills, etc.). Others used the money for pleasure (i.e. shopping sprees, DoorDash, etc.). But I had one friend who did something different⦠he invested his $1,200 into BTC. Fast forward to today (~4 years later), and that investment is [worth]( $9,230. Thatâs a +669% return. Crazy, I know. I used my $1,200 to turn DoorDash into my personal chef and all I got in return was 20 pounds of âlove paddingâ in my midsection. The big takeaway: If you're willing to ride the Bitcoin rollercoaster for 4 years straight, the ticket pays for itself â and then some. THE MOST SURPRISING PART OF THIS RALLY ð§ The crypto market has been on a roll over the last few months⦠- [BTC]( had its first weekly close above $52,000 for the first time in 2 years. - [ETH]( is a hair away from hitting $3K again. - Many [altcoins]( have seen double-digit gains. But the most surprising part of the rally? Most retail investors are nowhere to be found. According to data from [The Block](, less than 20% of Coinbaseâs total volume last quarter came from retail investors.Â
[Source: The Block]( The good news? [Coinbase]( just saw its first quarterly increase in retail trading volume since Q4 2021. Itâs only a matter of time before the retail wave floods the market. BITE-SIZED COOKIES FOR THE ROAD ðª [What is the current gas fee for ETH](? Bookmark our estimated Ethereum transaction prices and ETH gas heat map [here](! [Sports Illustrated is migrating its NFT service, Box Office, to the Avalanche blockchain](. Box Office is a blockchain-based ticketing service that individuals can use to set up paid or free events. [Wormhole is teaming up with AMD to develop zero-knowledge infrastructure](. The semiconductor manufacturer will provide Wormhole with hardware and advice to grow its interoperability app. [Arbitrum Foundation is financing a new feature-length film called âNew Here.â]( It will explore the world of digital art and will be produced by Oscar-winner Shane Boris. [South Koreaâs top crypto custodian saw deposits 3x in the second half of 2023](. The main catalyst? Bitcoin ETFs (many are expecting South Korea to launch a spot Bitcoin ETF soon). [Do Kwon will be extradited to the U.S](. They should make him do a Walk of Shame like in Game of Thrones. MILKY MEMES ð¤£
[Source: experty.io](
[Source: @TheBTCTherapist](
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