🗿 BTC is Up Big, Here's Why

U.S. crypto industry lobbying efforts hit record high in 2023

December 05, 2023

GM. It’s Miami Art Week. Sponsored by people who complain about $30 cocktails then buy $10,000 tables to see Guy Gerber.

For those not sipping champagne and art-staring, it’s business as usual. Spotify cuts 17% of its staff, and the US doubles down on nuclear power. Bitcoin hits a 20-month high as crypto lobbying continues its DC takeover. Are we back?

Without Further Ado. ☕ *knuckle cracks* ☕ Let’s get into it.

Today’s No FOMO is brought to you by… LVCIDIA

Today’s Specials:

No FOMO News 📰 : Bitcoin breaks $42K 📈

NFT Power Rankings 🔥 : The Plague Stays Plaguing 🏆

You Raised? 💰 : Funding Report Presented by Web3 Leads 🤑

AI Intel 🤖 : OpenAI COO thinks AI for business is overhyped 🤔

Conference Corner 📅 : Art Basel Miami Is Here 🌴

Testnet Tuesday 🧪 : DeFi’s Last Mile Delivery 🧑‍💻

No FOMO News 📰

Going Up High School GIF by Pudgy Penguins

  • Trump, Kennedy Jr, and Ramaswamy Invited to First Crypto Presidential Forum (Bitcoin.com)

  • U.S. crypto industry lobbying efforts hit record high in 2023 (crypto.news)

  • Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures’ in revenue (Cointelegraph)

  • Bloomberg Predicts Crypto Supercycle: Bitcoin Price Rally to $500K (Cryptonews)

  • Bitcoin Tops $42K as Crypto Market Recovers to Pre-Terra Levels (CoinDesk)

🔥 NFT Power Rankings 🔥

Under 1Eth

9. @jackbutcher opepen / checks

You Raised?💰

Web3 Funding Presented By Web3Leads

Here are the top 5 funding rounds from November:

Web3Leads is the ultimate web3 knowledge base: access exclusive leads from funded web3 enterprises.

Receive monthly curated lists of high-potential leads, handpicked from recently funded companies. Connect with key decision-makers poised to outsource services.

AI Intel 🤖

  • OpenAI COO thinks AI for business is overhyped (TheVerge)

  • Elon Musk thinks Tesla has 'the best real-world AI,' but an ex-worker raised concerns about how it's powering the Autopilot feature (yahoo)

  • Boston-based Dotmatics helping scientists make better drugs using AI (CBS)

  • AI is driving Google’s health care business. Washington doesn’t know what to do about it. (Politico)

  • For true AI governance, we need to avoid a single point of failure (FT)

Conference Corner 📅

Art Basel Miami is here this week, and as always we have the event intel for our readers

Testnet Tuesday 🧪

This week we are highlighting an app simplifying the DeFi world. Meet FortyTwo.Money

FortyTwo promises to be the “Frontend for an Interchain World”. Meaning, the app has a portfolio view giving insights into a user’s interchain holdings and transactions. This view allows users to connect multiple wallets to see cross-chain assets, wallet breakdowns, balances, transaction history, and even claimable airdrops. 

FortyTwo is not just a passive overview tool. Perhaps its most exciting functionality is an interchain yield aggregator promised to be “simple, automated, and optimized”. FortyTwo vaults go a step further by auto-compounding the returns so that users can receive the highest yields, with lower risk. 

I’m sure some of you out there are lucky enough to have timed everything perfectly, but personally I would have a lot more $$ if I had a yield aggregator making my decisions for me. 

Although not yet released, FortyTwo boasts more exciting features like an Interchain NFT Gateway and even a tool to help simplify taxes. Something we’re probably all doing a little imperfectly. (jk IRS jk we only pay too much always). 

FortyTwo supports Cosmos chains (Neutron, Terra, Juno, Osmosis, and Kujira), but promises to expand to Ethereum, Arbitrum, and more after launch. 

Right now, FortyTwo is live on mainnet but in a closed test period. However, they have just announced a waitlist for early access to the full product which you can join below. 

Mining Memes ⛏️

Referral Contest - Win a Free NFT!

Refer a friend, win free NFTs like Azuki, Sappy Seals, Dippies, and more.

How it works:

One referral = one ticket to win our monthly NFT giveaway.

At the end of the month, we’ll do a raffle and one of our readers will be given a free NFT. The more friends you refer, the better chance you’ll have to win.

If you don’t win, we’ll roll your referral points over from the previous month so your efforts never go to waste.

No catch, no nonsense. Just refer, and win!

Want to Advertise with Us?

This is NOFOMO, the newsletter keeping you up-to-date on all things emerging tech — from AI to Blockchain to Virtual Reality.

Advertise with No FOMO to reach a real, engaged community - our open rate is over 30%.

Our discerning readers are always looking for the latest tools and products in the industry. Connect with the right people and make a difference in tech.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Please be careful and do your own research.

Reply

or to participate.