September 1, 2024
You Don't Want to Miss These Key Crypto Updates
Dear Subscriber,
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By Beth Canova |
If you’re in the U.S., you’re probably enjoying the long holiday weekend. So, I don’t want to take up too much of your time.
But I do want to make sure you’ve seen the latest updates from our Weiss crypto experts. Because while the market has been stuck in the same range for a while, there is still a lot of investors can learn.
And even more they can do to prepare for the next bull run.
Dr. Bruce Ng reminds you that Crypto’s Strongest Sectors Stood Out in the Recent Rally. That’s why savvy investors should look for the sectors that outperform in sideways markets and in recovery rallies. And after the latest one last Friday, Dr. Bruce identified the two that stood above the crowd.
Tech expert Jurica Dujmovic highlights 5 Market-Defining Trends That Could Shape Crypto’s Future. They may just be starting out, but Jurica dives into how each can influence the crypto market going forward. And he names the top cryptos following these trends.
I’ll give you a little spoiler: One of those sectors is memecoins. But Marija Matić says investors may want to look at a new network for their next memecoin pick. According to her, Tron’s Memecoin Season Is Here.
Tron (TRX, “C+”) is an old Layer-1 network that is seeing a resurgence in popularity lately. And it has recently released a new tool to give it the edge in the memecoin race.
Now, I’ll give you another spoiler: The second sector to outperform in the recent rally was AI. And Mark Gough has found an AI growth opportunity that could Challenge Render for Processing Prowess.
Aethir (ATH, Not Yet Rated) is still new to the decentralized AI processing game. But, as Mark explains, it has a few key advantages over its more established competitor that could propel it to the next level.
But the key question every investor should ask — beyond what to invest in — is when to invest. Many talking heads say that the upcoming Federal Reserve rate cuts will be the shot that’ll start the next rally.
Juan Villaverde, on the other hand, says “Don’t Cheer the Cuts … Yet.” That’s because rate cuts won’t boost the crypto markets. Or any risk assets for that matter. According to Juan, the real boon for Bitcoin will come just after.
But that’s all we have for this week. Check in with us again tomorrow for your latest Weiss Crypto Daily updates.
Best,
Beth Canova
Crypto Managing Editor
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