PLUS: This tweet got me free money ð¤ September 20, 2023 | [Read Online]( Todayâs edition is brought to you by [Toku]( - where industry leaders like Protocol Labs and Mina turn to administer token grants to their global workforce. [Save time and money with Toku!]( GM. This is Milk Road, your personal crypto butler. We hand-deliver the top-shelf stuff on a silver platter. Iâll be honest⦠Yesterdayâs crypto news was drier than the overcooked turkey I made last Thanksgiving. (I came. I saw. I failed) So rather than waste your time with long boring stories, letâs do 5 Quick Hitters from Twitter: - Your cheat sheet for todayâs FOMC meeting ð - How I got free money from a tweet ð¤ - ChatGPT launched its own token on Ethereum ð - Over the last 12 months, crypto has⦠ð - The 1 video you need to watch today ð½ï¸
[Prices as of 9 AM ET. Click here for our Fear & Greed Index]( YOUR CHEATSHEET FOR TODAYâS FOMC MEETING ð Today is investorsâ least favorite day of the month⦠FOMC Interest Rate Day. Itâs the day the U.S. Federal Reserve makes its decision on interest rates⦠raise âem, drop âem, or pause âem.
[Source: @CryptoCred]( - Thereâs a 99% probability interest rates get paused, according to [CME FedWatch.]( - Analysts at Big-Name-Firms-And-Banks also predict the Fed will pause interest rates. JPMorgan, Goldman Sachs, Citi, Wells Fargo, etc. all forecast there wonât be any hikes today. But all eyes (and ears) will be on Jerome Powell during his speech afterward. Itâs hard to predict whatâll happen, but hereâs the cheat sheet I scribbled on my hand this morning: A/ If interest rates go UP, prices go DOWN. (markets could go kaboom if rates get hiked when 99% of people didnât expect it.) B/ If interest rates stay THE SAME, Powell's speech will determine price movement. (hawkish = prices probably go down, bullish = prices probably go up) Remember: the market reacts to perception, not results. Either way⦠Iâm a long-term believer, so Iâm a long-term hodler. Just keep calm and carry on. HOW I GOT âFREE MONEYâ FROM A TWEET ð¤ I was trying to find cool stuff to tell you about when I came across thisâ¦
[Source: @OlimpioCrypto]( I havenât been a big user of Arbitrum, so I didnât think much of it. I scrolled past it. A few seconds later, I got smacked in the head with something. (Déjà vu, the holy spirit - whatever you want to call itâ¦) I jumped onto the Arbitrum Foundationâs website and started checking if my [wallets]( were eligible. On the 7th wallet (yes, I have a lot)... I got a match. Long story short: I had one too many glasses of milk one night, went down the Arbitrum rabbit hole, and started trying stuff out on the blockchain. As a result, I was eligible to claim 800 ARB = $675. Will I retire from this? No. Will I order extra guac on my Chipotle today? F*ck yeah. Btw - we don't want to post a link (Security 101), but you can check if youâre eligible for the airdrop using the official Arbitrum Foundation links. [MAKE TOKEN GRANT ADMINISTRATION SIMPLE]( Itâs no secret that token management gets complicated. Between learning the crypto language and knowing the tax rules, token management can feel like an obstacle course. But it doesnât have to. Thatâs where [Toku]( steps in. [Toku:]( - Makes global token compensation and incentive awards simple - Guides you through the token grant process with legal templates, vesting tracking, reporting, and tax management - Handles all grant types - Token Purchase Agreements, Token Options, Restricted Token Grants, phantom tokens, you name it The cherry on top? They also handle payroll, tax compliance and reporting needs in any jurisdiction! [Save time, money, and be compliant by working with Toku.]( CHATGPT LAUNCHED ITS OWN TOKEN ON ETHEREUM ð
[Source: @CroissantEth]( I usually scroll past clickbaity posts (not today, Satan) but this was pretty cool. A Twitter user, @CroissantEth, went on a missionâ¦get ChatGPT to launch its own token on the Ethereum blockchain. Spoiler alert: the mission was successful. ChatGPT⦠- Wrote the ERC20 smart contract to create the token - Used OpenAIâs API to interact directly with the Ethereum blockchain - Chose the total supply of the token (65B tokens) - Generated the name of the token (AstroPepeX) - Created the ticker for the token ($APX) - Utilized DALL-E to create the image for the token - Revoked ownership of the token (that way, it would eliminate any remaining ties to a human) Amazing. P.S. - this is not financial advice. Itâs just a cool project we came across. P.P.S. - my lawyer is giving me the death stare so I repeat, this is not financial advice. OVER THE LAST 12 MONTHS, CRYPTO HAS⦠ð Meet Spencer. Spencer is a General Partner at Blockchain Capital. Spencer and Blockchain Capital just raised $580M to launch two new crypto funds, in a bear market. (*firm handshakes all around*) Earlier this week, Spencer dropped this post.
[Source: @CremeDeLaCrypto]( Our brains work in funny ways. We tell ourselves weâre long-term investors, but we canât stop looking at short-term prices. Sometimes you just need to take a step back and appreciate the bigger picture. If youâre hungry for a more in-depth analysis of where the markets are, check out our [Bull]( and [Bear]( case editions from last week. 1 VIDEO YOU NEED TO WATCH TODAY ð½ï¸ Check it out, this video recently went viral. Itâs an old clip from 1993 when Burger King first started accepting credit cards, instead of just cash.
[Source: @adamamcbride]( Iâm too young to remember these days (I was -2 years old back in â93), but apparently, people HATED the idea of using credit cards at first. The biggest argument: it was too slow. Itâs worth the 47-second watch. (just click the pic above) A good reminder that even the greatest innovations have skeptics. Here are some gems from the video: - âI just hope it doesnât slow things down at the cash registerâ¦â - âIâm sure itâll work when people are on vacation and donât have anything to do all day, but I canât imagine it working on a day-to-day basisâ Side note: I guess people were a lot better at math back in the day⦠Iâd crumble under the pressure of having to count out $7.89 while 10+ people are in line behind me. BITE-SIZED COOKIES ðª [The SECâs Crypto Enforcement Chief warns that more legal charges are coming to crypto companies](. The chief said this includes crypto exchanges, DeFi platforms, etcâ¦Â ð¤¬ð¤¬ð¤¬. [Oak Grove Ventures is launching a new $60M Web3 fund](. The fund will focus on companies working at the intersection of Web3, A.I., and biotech. [Circle launched its USDC stablecoin on the Polkadot network](. Now any app in the Polkadot ecosystem can use the dollar-backed stablecoin. [Walmart and POCLab (a web3 creative studio) are collaborating to launch âThe Cultureverseâ](. The metaverse experience was created to celebrate the 50th birthday of hip-hop. [The Balancer front end was compromised yesterday](. $250K+ worth of crypto was stolen from the DeFi protocol. Stay away for now! MILKY MEMES 𤣠HIT THE INBOX OF 250K+ CRYPTO INVESTORS Advertise with Milk Road to get your brand in front of the Who's Who of crypto. The Roaders are high-income crypto investors who are always looking for their next interesting product or tool. [Get in touch today](. Share Milk Road You currently have 0 referrals, only 1 away from receiving The Next 10x Opportunity in Crypto for 2023. [The Next 10x Opportunity in Crypto for 2023]( [Click to Share]( Or copy and paste this link to others: What'd you think of today's edition? - [ð¥ð¥ð¥ð¥ð¥ F**king great](
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- [ð¥ You didn't bring the heat]( ROADER REVIEW OF THE DAY VITALIK PIC OF THE DAY [tw profile: Milk Road Images] Milk Road Images @MilkRoadImages [tw] Confirmed. Vitalik is a 2-strapper. Sep 20, 2023 0 Likes 0 Retweets 0 Replies DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. [tw]( [ig]( [yt]( [tk]( [in]( Update your email preferences or unsubscribe [here]( © 2023 Milk Road 603 Munger Avenue Suite 100 #1006
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