Read time 5 minutes

Welcome back to the end of another week with Renaissance - the newsletter equivalent of Bill Gates jumping over that chair in the 90s, coming at ya with that energy! 🎊 Smart, nerdy, wealthy, agile….. dangerous. 👀

Today at a Glance:

Macro Moves And Micro Picks: Fortune Favours The Brave

ElevenLabs Rockets to Unicorn Status

Magic Money Hacks And Strategies

The Renaissance Over-Under

Crypto Market & NFT News

Macro Moves And Micro Pricks: Fortune Favours The Brave 📈📈📈 🎉 🥳

Meant ‘picks’, but like your pissed off girlfriend says - I’m keeping it. 🙄

Alright, the macro move is dead simple and you better listen! How did the Bitcoin ETF go? Pretty gooooood, and what comes after Bitcoin? (it’s like an alphabet lesson in pre-school here today) ETH, that’s right!

And like a mailman with tourettes - we fucking deliver. 😏

- Get ahead of the price action for the Ethereum ETF and load up before the front-loading of the news begins! While it’s quiet we load up. 📈

- Ethereum will be next now that traditional finance is sold on the idea of these ETFs. And all prices will lift as we get close to the Bitcoin halving!

- History: January to May historically is always gains season - it clocks 10-30% a month and it’s gonna get turbocharged in this half of 2024! Let’s pour some gasoline on this campfire, let’s get the computer camp party STARTED!

- Ethereum’s Dencun upgrade is coming with faster and with cheaper transactions!

- ReStaking is a massive narrative now and is extremelyyy attractive to holders and stakers across protocols.

⚡ TLDR; All the signs and history point up, trust the trends, history, and the news! An asymmetrical bet is officially in for Eth, get yourself in, concentrate capital and stack Eth high. This is one of the best stable times to accumulate. Don’t think too much. 🔥🔥🔥

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Micro picks - let’s get into our strategy this week and where you should be looking next. 🔍

We bought in here on this dip for the $GME Solana coin. We like the stonk and we love a nostalgia play mixed with Solana meme season.😎 Obvious win!

Then we took it for a ride to 20x no sell offs, no sell outs! Then exited.

⚡ The Solana meme market is ripping the last few weeks, unlike a lot of the Eth coins at the moment.

⚡ But the narrative is rotating so quickly that you should spread your chips a little thin and take more shots at base here.

⚡ This worked for us and we have trading signals to go off, but there’s other interesting coins that didn’t make it.

⚡ But thissss is why 2.0s and beta plays are so important - the rotations follow the narrative!

⚡ Catch the wave on the winner at that $1M market cap mark, then piss in the paddling pool of the obvious derivatives. ⚡

- If the heat stays up and the narrative sticks $GME is going to $100M so watch its resistance at $50M!

https://decrypt.co/214781/gamestop-meme-coin-solana-pumps-357-following-gaming-giants-nft-exit 

- Look at the $AMC coin coming from next to nothing to a $5M exit - another of the famous WallStreetBets stocks back when the season was alive. These are the obvious 2.0 plays that you need to be getting scans and alerts for! Be ready for more of them but expect smaller and smaller market caps.

Word to the wise - keep your eye on $WEN after all its hype and burn news, it dipped past $60M. This could be a good buy for a leg up!

- Buttttt with the $JUP airdrop recently just passed the closest relative is $WEN and it will reach a fine support.

- Like a fat kid eating nachos, it’ll probably dip again - so by the time this hits you it should be lower and capital will rotate out of $JUP. And with the spotlight on $WEN it should creep up again!

- Though this is *IF JUP and its airdrop performs really well….. 👀

Christ what a weeeeek! Who’s ready for that private after all. 😂

LITTLE BITS 😎

This is why you read Renaissance and not the Wall Street Journal… the fuck does this even mean.

Vitalik dropping his financial knowledge…seeing as all our net worth’s are tied up with him maybe we should listen……

 https://twitter.com/i/status/1751971671517594020 

How did a random German craft beer company go viral - by copying frame for frame the latest Calvin Klein ad. Newsjacking at its finest - the lessons are the same, repeat and win! Being original doesn’t mean you have to be original (and yes, that made sense haha).

4 Ways to Make Over $1 Million With Your Online Business (Entrepreneur)

NOSTALGIA OF THE DAY

Business, Money Markets & Financial News

ElevenLabs Rockets to Unicorn Status with $80M Series B Splash! 🚀

Guess who just joined the unicorn club? One of our favourite AI maestros at ElevenLabs! 🦄✨ They just bagged a cool $80 million in Series B funding, and let's just say, the champagne corks are poppin'!

The Money Dance:

Led by the rockstars at a16z and Andreessen Horowitz, the funding round also had high rollers like Nat Friedman (former CEO of GitHub) and Daniel Gross throwing in wads of cash. Sequoia Capital decided to crash the party too! 💸🎉

No hush-hush here—word on the street is that ElevenLabs is now strutting around with a $1.1 billion valuation. That's right, folks, a unicorn in just two years! 🌈🚀

From Pockets to Pegasus:

At just two years old, ElevenLabs has gone from pocket change to unicorn status faster than you can say "AI magic."

Founded in 2022 by childhood best friends – Mati Staniszewski, with experience at Palantir Technologies, and Piotr Dabkowski, a former Google machine learning engineer. They were inspired by the mediocre emotionless voice dubbing of American movies they watched growing up in their native country Poland. So the pair set about designing an AI platform.

*One Polish man doing the whole voiceover to Notting Hill. Every Polish person who has watched TV knows this voice

Now their tech can convert text to speech, featuring life-like emotion and intonation, allowing clients like publishers and content creators to turn written material into audio.

As AI has been booming there’s many others starting to generate AI voices. But Staniszewski says that there’s one thing that makes ElevenLabs stand out: It’s focus.

“One thing which is special for us and that we want to keep is that we focus on audio AI… we do our own internal research, our own technology and we build products around it. Most of the companies on the market do more of one or more of another,” he says.

“This is our advantage over start-ups, which usually don’t do their research, and over big companies, which do their research, but audio is priority number seven or 20 for them.”

⚡ The power of focusing on one single mission.

Oh, and did we mention they're the secret weapon for U.S. political campaigns? Yep, they're helping politicians charm voters in every language imaginable. Now that's what we call a political polyglot move! 🌎🗳️

AI Detectives:

CEO Mati Staniszewski spilled the beans on their next big move—more AI content on social media. But here's the twist: they're all about transparency. No hiding behind the curtain of AI magic tricks. They're all for letting you know it's AI, keeping it real!

In a world where AI giants battle it out, ElevenLabs stands tall. While others focus on the research, these folks are building the whole enchilada 🌯—research and that cool workflow layer. Talk about a double whammy!

⚡ So, pop your imaginary champagne, as there’s a lot to learn from these guys. From focusing on one niche and dominating the space, to creating a superior solution to a widely experienced problem. 

⚡ Always be thinking about where the opportunities are, keep the ideas flowing; and just maybe, you too can have a unicorn company in two years time.

Wealth Building, Personal Finance Hacks & FAT FIRE

Magic Money Hacks 🧙‍♂️

Ever wished your money situation could magically fix itself? Yeah, us too. But there’ll be no magic wands here, just dollar bills.

Basic financial tips might not win a talent show, but they sure make sense:

🤑 Spend less than you make.

🤑 Save like your future self is a VIP.

🤑 Don't do anything stupid. Duh!

But let's cut the boring stuff and jump into a fancier world of money hacks. Here’s some strategies to make you feel like a financial wizard. 🧙‍♂️

Automated Awesomeness - Lazy Genius Mode:

✨ Trick: Set your bills on autopilot. Less hassle, more "where did all this extra money come from?!"

Trust me, this makes things so much easier and frees up your time to focus on the money decisions that actually matter.

The Roth Escape Room - Breaking the Money Maze:

✨ The Escape Artist: Slide through income limits with Roth 401(k)s and sneaky backdoor moves. Dodging financial lasers like a pro thief.

Basic stuff, if you’re not doing this what’s wrong with you? The tax advantages of a 401(k) or pension plans begin with the fact that you make contributions on a pre-tax basis. That means you deduct your contributions in the year you make them, lowering your taxable income for the year.

The Money Alchemist - The Buy, Borrow, Live:

✨ Alchemy Move: Borrow against your investments without selling. It's like turning financial lead into gold.

You can borrow money against your investments rather than selling and crystallising capital gains tax. You’ll gain access to liquidity, plus have the additional benefit of investment gains through the duration of the loan!

The Charity Rockstar - Tax Benefits Extravaganza:

Do you ever want to donate to charity and do good? Well do that, but optimise it.

✨ Sneaky Move: Donate stocks instead of cash. It's like giving to charity and getting a tax party invite.

IRA Mind-Reader - Tax Jedi Moves:

✨ Mind Trick: Donate your required minimum distribution (RMD) straight to charity. It's like using the Force to outsmart the taxman.

You can make a maximum of $100,000 per year in qualified charitable distributions, just make sure to confirm the receiving charity is qualified under the Internal Revenue Code.

Triple-Tax Daredevil - HSA Wizardry:

✨ Daredevil Stunt: HSA - deduct, grow, and withdraw tax-free. It's like financial acrobatics with extra benefits. If you’re looking for another tax-advantaged way to save money, consider a health savings account.

An HSA has a unique triple tax benefit:

➡ Your contributions reduce your taxable income

➡ Any investment growth within the account is tax-free

➡ Qualified withdrawals (that is, ones used for medical expenses) are tax-free

So, no Hogwarts letters here, just some financial street smarts. Master these moves, and you'll be the rockstar of your money world - minus the guitar solo.

Meme of the Day

That’s a wrap for this week! Meet us on Twitter to talk all about it. Where we’ll send you jokes, tips, and all important news from the world of money, business and crypto and more! (@RenaissanceDly)