Elon did what!?

The world of macro seems to be relatively quiet these days, but there are still some notable events happening in the cryptocurrency and geopolitical spaces. ETH is making gains this morning, while there was some fear, uncertainty, and doubt (FUD) yesterday regarding CZ possibly being arrested due to rumors surrounding a Cobie encrypted message.Meanwhile, Elon managed to push DOGE up to around $0.10 simply by changing the Twitter logo to the Doge sign!

On the geopolitical front, there are moves against the US from Saudi Arabia, which has teamed up with China to cut supply for the Organization of the Petroleum Exporting Countries (OPEC). The dollar has weakened in comparison to global currencies, and it seems like there could be a coordinated attack on the US. In addition, Finland has joined NATO, and with a massive border share with Russia, this spells trouble for Russia as its major regions are in the north, and Finland's alliance will hinder any movements there.

As for the financial markets, gold is moving in conjunction with BTC/ETH, and the recent moves are not necessarily a result of stock market activity. Rather, they seem to be due to the degradation of the US dollar. The G7 is also being flipped by the five BRICS countries, led by China, in terms of world contribution as measured by GDP. The population in BRICS is massive and accounts for 30-40% of the total world population.

In the world of NFTs, Nakamigos are experiencing a pullback, while Gucci has teamed up with Bored Ape Yacht Club (BAYC) to create a limited edition digital and physical necklace. The collaboration was announced on the official Gucci Twitter account and covered by Vogue, making it a notable event. Interestingly, Gucci is accepting $APE as currency for the necklace.

BusterScher shared some of his unique collectibles, including a request to be a brigadier general signed/accepted by Abraham Lincoln, a bond receipt from George Washington, and a Warren Buffet-signed letter to a pastor, which is a rare specimen. He also shared an original Titanic photo, which is possibly the earliest known photo of the sunken unsinkable ship. Additionally, he showcased his original artworks and backgrounds from season 1 of SpongeBob, which were all hand-painted.

Finally, the team will be attending the Proof of People event in New York on the 12th and 13th of April. The first PoP happened last year and celebrated art, life, and culture in the web3 world. Refraction DAO was on stage to share about the performances and the venue at Zero space.

GM

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