70,000 Bitcoins. It’s time. Enter here! Besides BTC about to reach new highs on this Feel good Friday we will answer why did Tesla shares rise? Who is Taylor Mathis? And why “Joker 2” decided it had to be a musical.
I mean, come on? The Joker…sings? Someone should have told the director that this wasn’t the right decision.
Before getting to the heart of the matter, ATTENTION Bitcoin holders, here is the graph that should be engraved in your memory today:
If you thought every other crypto cycle saw big gains in the first six months after the halving, meaning it’s ironically different this time, think again. Based on current price data, we are on track (just in time for the elections too!).
Okay, with that out of the way, let’s move on to this week’s news. Feel good Friday.
Why did Tesla stock rise?
If you ask why Tesla shares have risen, the answer is twofold:
1) Yes, Tesla posted its biggest quarterly profit in over a year.
2) More importantly, Everyone who freaked out because Elon was caught using real human operators for his robots has been eliminated.
If you sold after Tesla’s robotics event earlier in October, you were played. It’s good.
Next time you buy the dip, double down. For everyone who bought the dip (myself included), TSLA rose +20% on Thursday after its earnings release and is up slightly by 2% today.
Tesla is still 35% below the ATH.
Many on Reddit or anyone who disagrees with Elon’s political views will use this moment to lecture you that Musk is a carnival barker and nothing he or his companies claim should ever be believed, and that the stock will weaken once again. Don’t believe them. Forget emotions and look at Tesla’s long-term vision. It’s a 5x compared to these prices.
Oh, and by the way, Tesla hasn’t sold any of its Bitcoins. Pretty basic.
Who is Taylor Mathis? And what’s new with MEW Crypto
Taylor Mathis, the rising star of sports predictions with his “Walking Bets” posts, now finds himself in a delicate situation. The DraftKings ambassador is accused of financial foul play – pushing a self-described crypto token and bailing out before the crash.
Is it me, or does something like this seem to happen as often as I take a shower? It’s a lot, I promise.
Regardless, Taylor Mathis fans created the $TAYLOR token, using her image to gain support. In exchange for his promotions, Mathis got 20 million tokens, a nice 2% share of the pie. The token skyrocketed shortly after she introduced it to her vast audience, reaching a market cap of $6 million, only to dip below $1.5 million a few days later. Wave!
Taylor Mathis’ situation with $TAILOR has become very complicated.
For a quick overview, Taylor Mathis is a sports betting content creator and analyst for DraftKings, widely known in the sports world for her. "Paris on foot" videos.
Here’s where its story meets crypto (and goes south)
TLDR:… pic.twitter.com/JRfL7cBBKt
-TylerD (@Tyler_Did_It) October 24, 2024
For now, Taylor is in a Guantanamo Bay holding cell, and they plan to do to him what they did to Julian Assange.
I’m joking, of course. As of today, Taylor Mathis has locked his X profile and the title of DraftKings Ambassador has disappeared from his bio, hinting at a split from the sports betting giant. If rumors of market manipulation hold water, whether intentional or accidental, Mathis could be under the microscope of the SEC.
Finally, before we get out of here and enjoy the weekend, one altcoin that just reached all-time highs is the meme coin Cat in a Dogs World (MEW). We interviewed the founders of Mew last month, and there seems to be no stopping how high this piece can reach! That’s all we have for this week Feel good Friday; enjoy the weekend. Touch some grass!
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