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February 05, 2022

Bitcoin continues to be volatile emerges above $40K again

Bitcoin is up 9%+ over the past week in a relatively choppy market, in both crypto and equities. The bounce back seems to be driven by continued traction and adoption with large institutions and governments, offset by a downward pressure by macro news. However, this morning we saw Bitcoin surge above $40K on a stronger than expected jobs report that led to $50M in short liquidations that led to the spike and has been able to hold for most of today.

We remain cautious over the next month and will continue to monitor how the market reacts when the expected rate hikes go into effect in March.

Harsharn Singh
Investment Associate | Ember Fund

Thank you for reading!

Don't forget to come into the app tomorrow to continue learning about crypto! 

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June 27, 2022

Ember Nuggets #37 | The Fallout of CeFi Crypto Platforms 📉

Happy Monday, everyone! In this edition of Ember Nuggets, we'll be covering the fallout of CeFi crypto platforms, a quick look into Web3 cell phones, and a macro market update.

June 24, 2022

Mining Season 4 Is Right Around the Corner! ⛏️

Thank you to everyone who has participated in the third season of the mining program! The Ember team is proud to announce the start of Mining Season 4!

June 22, 2022

May 2022 Recap Newsletter 📈

Welcome to the May recap! It's been a wild month in the space, but we remain bullish on the long-term outlook.

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