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This is a Day to Remember – 19/08/2323 January 20, 2024

This is a Day to Remember – 19/08/2323

Subject: Market Update – Significant Opportunities Unfolding

I trust this message finds you well. I wanted to provide a timely update on the current market conditions and a few noteworthy developments that have caught our attention.

Today’s market activity has marked a momentous milestone, as we are witnessing one of the most promising days in the last 2.5 years.

It’s important to note that amidst this surge, a degree of profit-taking from short-term traders and Day Traders is anticipated before the close of trading.

For those who actively follow SPI-Club News publications, the ongoing Grayscale narrative and their application for a Spot ETF License with the US SEC are likely familiar themes. Although no ground breaking news has emerged today, but both Grayscale BTC and ETH (Ethereum) have surged by over 10%.

It’s intriguing to observe that their unit prices remain below the current spot prices of BTC and ETH, both of which have enjoyed gains of nearly 5% today. This indicates a potential for further growth from Grayscale, especially if the ETF License receives approval.

The prospects for the ETF License have notably improved, bolstered by the recent submissions from prominent players like Ark Invest, BlackRock, and other influential contenders.

I’d also like to draw your attention to a few noteworthy market

performances today.

SPI-Club Picks, Argo Blockchain, have surged by an impressive 23.07%, while Coinbase has recorded  growth of 14.15%.

Today’s market dynamics have been particularly favorable for Blockchain and Cryptocurrencies, contributing to gains across various Model Portfolio Sectors.

However, it’s worth noting that Cloud Computing is the exception to this trend. In terms of notable gains, the following stocks have stood out:

  • Opendoor Tech:       +12.45%
  • Rivian Automotive:  +10.51%
  • Exsciencia:                +10.15%
  • Nanoximaging:         +10.66%
  • Aquabounty Tech:    +13.65%
  • Ginko Bioworks:       +28.55%
  • Innoviz Tech:             +10.55%

There are numerous other SPI-Picks above 5%

As we conclude this update, I would like to emphasize that tomorrow holds potential significance in the Innovative Disruptive Space. We anticipate further intriguing developments and opportunities.

Best regards,

Stuart Langan

Founder, SPI-Club

Our “Done for YOU Service”!