Avenger Call – 22 Apr 25

05:02: Crypto market showing strong performance with Tao up 50% on the week
14:14: Whales accumulated over 200,000 Bitcoin in March despite negative market sentiment
15:58: ETFs purchased $381 million worth of Bitcoin yesterday, signalling returning confidence
20:22: Potential liquidation levels near $1 billion observed around psychological level of $100K
21:04: Fibonacci level at $94,200 (618 level) suggests potential market resistance
22:02: 50 EMA indicates potential bullish market trend
23:28: Bitcoin daily chart showing strong performance with vector candles
29:33: Local bottom potentially in for TAO token after recent strong price movement
33:02: No current involvement in Bittensor subnets and alpha tokens due to complexity
37:32: Alpha tokens could potentially help or hinder Bittensor’s reputation depending on performance
38:13: Mantra token experienced dramatic 90% value drop from top 20 to near top 100
41:00: Market makers may manipulate cryptocurrency prices by strategically buying and selling
47:25: Kraken offers 6-12% staking for Bittensor with no lockup timeframes
49:43: Current portfolio allocation: 25% Tau, 35% Bitcoin, with plans to increase Tau to 50%
51:11: Bittensor viewed positively due to sector leadership, subnets, and institutional backing
56:22: Fartcoin has tripled in value, rising from 35 cents to over a dollar in recent weeks
01:00:58: HMRC appears more focused on capital gains tax versus income tax for crypto trading
01:01:27: Recommended crypto tax software options: Coinly and Crypto Tax Calculator for tracking transactions
01:02:03: Consider pros and cons of using a limited company for crypto trading
01:03:09: Evaluate if limited company is cost-effective based on trading volume and accounting expenses
01:07:17: Tesla earnings report expected
01:10:45: CUDL event scheduled for May 13th, tickets recommended