Base and AI Coins Experience a Strong Rebound

DAILY MARKET OVERVIEW
Are The Markets Back?

Happy Tuesday, Crypto Enthusiasts! We hope you're having an awesome day and are eager to catch up on the latest crypto news.

First up, some headline news! The SEC (Securities and Exchange Commission) is under the spotlight as two of its lawyers stepped down. A court wasn't too happy with how they handled a crypto case against crypto-based company DEBT Box.

This has everyone talking about the SEC's role in the crypto world. Plus, with the U.S. Presidential election coming up, people are wondering if we might see some changes in crypto regulations soon.

Now, let's talk money flow. Last week, global digital asset funds saw a total outflow of $206 million. Bitcoin took the biggest hit with $192 million leaving, making it two weeks in a row of negative movement.

Ethereum hasn't been doing great either, seeing outflows for the 6th week straight. But it's not all gloomy! Litecoin and Chainlink are shining bright with some positive inflows. Starting the week, there's been a net inflow of $62.2 million, hinting at a possible turnaround.

Still, investors are a bit cautious because of the FED's plan to keep interest rates high.

So, it's a bit of a mixed bag out there, but as always, the crypto world keeps us on our toes! Stay tuned for more updates!

TWITTER SENTIMENT
Base, AI & Memes

Crypto Twitter is buzzing with talk of Base, AI, and Memes as the top trending topics.

Coinbase has made it official: we're nearing the debut of their smart wallet. Early developers are already getting the chance to test and integrate this innovative wallet which is eagerly awaited by the whole crypto community.

Hype is starting to surge again, with coins like Normie on Base springing back to life.

The latest meme coin causing a stir on Base is SKI, which is experiencing impressive community growth and demonstrating resilience during this market correction.

AI is making a strong comeback, with several AI altcoins like Akash Network and Arkham showing impressive strength over the past week.

Given this positive sentiment and significant upcoming AI events, we think the "AI April" season might be on the horizon, with AI coins poised to perform exceptionally well.

NEWS OVERVIEW
Recent Crypto News

• PayPal To Reward Green Bitcoin Miners With Additional BTC Incentives

• Two DePin Projects Lead With Double-Digit Gains Among Top 100 Cryptos

• Centralized Exchanges Expand Listings With Bitcoin Runes: What’s Next?

• Cosmos Patched Bug Could Have Put $150M At Risk, Security Firm Reports
  

YOUTUBE INFLUENCER SUMMARY
Ivan On Tech - BITCOIN: TICK TOCK!!!!! 🚨⏰ (calm before the storm) (23.04.2024 Summary)

According to Ivan, the crypto market is currently experiencing a "calm before the storm" phase. He believes that the bears (those expecting prices to fall) are living their last few days before a potential retest of the $71,000 level for Bitcoin.

• Ivan sees the current market consolidation as a positive sign, as it resets the greed and allows for a healthy change of hands in cryptocurrency ownership.

Ivan is generally bullish on the long-term prospects of Bitcoin and the broader crypto market. He points to several factors that support his optimistic outlook:

• The Bitcoin halving event, after which historically has been followed by significant price rallies in the cycles after each halving.

• The potential reintroduction of the "OP_CAT" opcode in Bitcoin, which could allow for more extensive smart contract capabilities and further innovation on the Bitcoin network.

• The increasing adoption and development of projects like ordinals, BC20s, and runes, which are paving the way for a more vibrant ecosystem built on top of Bitcoin.

Overall Ivan remains bullish and sees the current conditions as a reset of gains and a change of hands, setting the stage for the next leg up. He encourages you to remain patient and maintain a long-term perspective, as he anticipates that the market will eventually break out and potentially reach new all-time highs within the coming months.

Miles Deutscher - Buying AI Altcoins NOW Will Make You A Millionaire! (23.04.2024 Summary)

Miles is absolutely hyped about the potential for an "AI Summer" in the crypto world! He thinks we're seeing all the signs pointing to another explosive run for AI-focused altcoins.

In Miles' eyes, AI coins have a huge edge - they aren't just riding off crypto hype, but are backed by major real-world developments and news in the booming AI industry.

• He believes AI could easily become a top 5 or top 10 sector by market cap as these powerful AI-crypto synergies take shape.

• Miles is incredibly bullish, calling out catalysts that he thinks will be rocket fuel for AI coins: Upcoming NVIDIA earnings, the launch of the super-charged GPT-5, and billions in AI investment from big players like Microsoft have him convinced the biggest AI pump hasn't even happened yet!

But Miles isn't just talking the talk - he's putting his money where his mouth is. He's actively trading and holding a range of AI altcoin picks like Render, Fetch.ai, ATOR, and RSS3.

• Miles' overarching strategy? Buy aggressively during extreme market fear and dips - that's when you get the best risk/reward entries in his view. But he stresses developing your OWN conviction too, don't just ape his picks blindly.

In Miles' mind, AI coins offer that magical combination of strong real-world narrative AND crypto upside. As he puts it, they exhibit "relative strength" that could see them drastically outperform Bitcoin and other altcoin sectors. An AI Summer could be one for the record books if he's right!

CRYPTO MEMES
“When you become Crypto Rich, There WIll be Signs”