Opportunities Await, Even as Price Consolidation Continues

Here's what our team has uncovered this week.

View or listen in browser June 2, 2024 Opportunities Await, Even as Price Consolidation Continues Dear Subscriber, By Beth Canova Last week’s big news — the approval of the Ethereum ETF listings and the passing of the Financial Innovation and Technology for the 21st Century Act in the U.S. House of Representatives — buoyed the market … but not enough to break it out of its consolidation. But don’t let the disappointment settle in. That’s because these developments aren’t the whole story. Talking Heads Are Changing the Crypto Conversation in Washington Regulators have rarely been crypto champions. But where politicians previously avoided conversations about crypto — or worse, showed outright hostility — talking points are changing. And not just in legislative chambers. Candidates for office are now making their crypto stances part of their overall platforms. In his issue, Juan Villaverde breaks down how this shift is likely to spur broader adoption of crypto technologies. And while we wait for that to happen, the rest of our team is breaking down the narratives likely to lead the market … and how you can play them. 2 Ways to Play This Top Crypto Narrative Dr. Bruce Ng, for example, is bringing his expertise in small-cap crypto projects to the volatile and exciting memecoin market. In his Weiss Crypto Daily, he reveals the most popular memecoin types, as well as two strategies to target impressive returns. Unlock Trillions with Real-World Assets While memecoins have certainly been dominating headlines, it isn’t the only sector with impressive potential. In fact, asset management giant BlackRock (BLK) sees potential in the fourth-leading narrative: real-world assets. It recently launched the first tokenized fund issued on a public blockchain. And BlackRock isn’t alone in its optimism. According to digital asset manager 21.co, RWAs could grow into a $3 trillion market … in a bear market! In a bull, the ceiling is much higher. In this deep dive, Mark Gough breaks down what RWAs are, their future potential and five pure crypto ways to ride this narrative. Double Dip Your Rewards with This Emerging Crypto Strategy Meanwhile liquid staking, or “restaking” hasn’t really had a moment in the spotlight yet this year.   But you should still be paying attention. That’s because restaking lets you get even more rewards for the same capital investment. And, as Jurica Dujmovic explains, there are additional benefits, as well. In his newsletter, he names his favorite restaking platforms, as well as an alternate strategy to make the most of this emerging market. That’s all for this week. Be sure to check back tomorrow for a brand-new Weiss Crypto Daily update. Best, Beth Canova Crypto Managing Editor Follow us:   11780 US Highway 1, Palm Beach Gardens, FL 33408-3080, USA Would you like to edit your e-mail notification preferences or unsubscribe from our mailing list? Copyright © 2024 Weiss Ratings. All rights reserved.