☕ Geopolitics Goes Boom, Crypto Goes Bust? I didn't hear no bell! 🥊

Gm fren,

State of the Market: Geopolitics Goes Boom, Crypto Goes Bust.

Global chaos, crypto goes, "Oh crap!" 🤯 Reports of Israeli strikes on Iran sent Bitcoin, Ether, and the rest of the crypto gang into panic mode. Markets are like, "Is this World War 3? I guess I'll tank just in case."

Turns out the damage wasn't that bad, and the first reports were corrected… what happened next? Bitcoin's back, baby! It bounced above $64K as the crypto market finally chilled out after that whole Israel-Iran charade. Turns out, everyone freaked out a bit too soon.

Typical crypto, right?  Overreacting to every bit of news, then acting like nothing happened.  Gotta love the volatility! 🎢

Bitcoin futures are screaming, "sell, sell, sell!" Traders are lining up to bet on prices tanking.  Why all the negativity? Blame a mix of boring ETFs and those pesky interest rate hikes the Fed keeps threatening.

Oh, and get this – JPMorgan thinks Bitcoin's gonna take a nosedive after that halving thing everyone keeps talking about. Apparently, it's "overbought," which is fancy Wall Street speak for "way too expensive." 🤑

Chart of the day.

Get ready because the Bitcoin halving hype is officially off the charts! Even Google is like, "Whoa, people are freaking out about this thing!" 👀 Search interest for "Bitcoin halving" has hit a record high, and they're saying it will only get crazier.

-Most important news of the day 

Hong Kong is getting serious about Bitcoin-spot ETFs launching in April! It looks like the FOMO is real, folks.

Casey Rodarmor, the Ordinals NFT guy, is back. His new "Runes" protocol brings "sh*tcoins" to Bitcoin.

Senator Warren wants anti-money laundering rules for crypto miners and validators. Classic Warren, always hating on crypto.

Our daily pick: Qubic or the Blockchain, AI, and a whole lotta hype 🚀

Okay, folks, let's talk about Qubic. This blockchain project is out to prove that AI and crypto can mix without the whole world exploding. Or it'll explode in a different way. Who knows? 🤷‍♀️

The Brains Behind the Operation 🧠

Qubic's founder is Sergey Ivancheglo, a crypto OG who goes by the mysterious name "Come-from-Beyond." The dude's been in the blockchain game since the early days, so he either knows what he's doing or is just along for the wild ride like the rest of us.

Qubic's Superpowers (or at least, what they claim to be) 😆

Lightning fast: They say Qubic can handle a bazillion transactions per second, even those pesky smart contracts. We'll see about that...

Freeeeeeee fees!: Yep, supposedly no transaction fees, thanks to their magic token-burning powers. Color me skeptical, but hey, I love free stuff.

AI inside: Qubic's got this AI platform called "Aigarth" that's supposed to become this crazy-smart, open-source brain for everyone. Ambitious much?

Deflationomics: Their token, "Q," gets burned when you use it, which is supposed to keep prices in check. In theory, anyway...

Tokenomics Time! 🤓 (but with less boredom)

Don't let their massive token supply freak you out.  Just think of each "Q" as like a super tiny satoshi. And that burning mechanism might actually do its thing, who knows? Stranger things have happened in crypto.

Is it worth the gamble? 🤔

Honestly, Qubic is a high-risk, potentially high-reward kinda deal. Do your own research before diving in headfirst. This ain't for the faint of heart!

The Reality Check 👀

Qubic's still a small fry in the crypto pond.  It's got the potential to either moon or crash and burn faster than you can say, "Elon tweeted again." Plus, those major exchanges haven't quite caught on to the Qubic fever yet.

As always, NFA 😉 

-The Honorable Sir Peppers III