Happy Monday Zingernation! The Final Four teams of the 2024 March Madness tournament are set. Cinderella team NC State defeated in-state rival Duke yesterday. The Wolfpack’s big man DJ Burns has captured the hearts of sports fans with his quick moves and imaginative passing throughout the tournament.

But Burns isn’t your run-of-the-mill hooper. Outside of basketball, he plays four instruments and is quite the entrepreneur. The player owns vending machines in different schools and earns passive income on top of his NIL money. And he doesn’t have to worry about cutting into his profits by snacking on his inventory - the big man said he’s not allowed to eat most of the items in the machines.

Also, check out this tech company helping make roads safer by disabling apps that distract drivers.

And, crypto is so back. Billions of dollars are flowing into the new Bitcoin ETFs, driving prices to near all-time highs. Join thousands of engaged readers of Future Finance - our FREE digital assets newsletter.

MARKET SNAPSHOT

Last Week: Was a relatively flat week, with the S&P 500 closing slightly in the green, while the Nasdaq Composite moved slightly lower. Gold hit new all-time highs, while Bitcoin moved back above the $70,000 mark.

On Our Radar: It’s a pretty quiet week on the earnings front, but we will get some potentially market-moving labor data at the end of the week. Trade on, Zingers!

TOP STORY

Hedge Fund Manager Expects $150,000 Bitcoin Boom In 2024

Basically: In a recent interview, hedge fund manager Mark Yusko said he is optimistic about Bitcoin, predicting it will surpass $150,000 this year, doubling its current value.

Practical Steps: Encouraging investors to diversify, Yusko suggests allocating 1% to 3% of their portfolio to Bitcoin, considering it a superior alternative to gold.

Rising Above: “Bitcoin is the king. It is the dominant token. It is a better form of gold,” he told CNBC's "Fast Money" last week. As of last Thursday, Bitcoin had risen approximately 159% in the past year, reaching over $73,000 in March and trading around $70,700.

A Bullish Prediction: Yusko believes Bitcoin has the potential to increase tenfold over the next decade. He cites the introduction of Bitcoin ETFs and the upcoming Bitcoin halving, expected in late April, as bullish catalysts.

Learn More: Check out Yusko’s full comments here.

PRESENTED BY SAVERONE

Making The Roads Safer From Distracted Driving: SaverOne Inks Milestone OEM Agreement With IVECO

SaverOne 2014 Ltd. (Nasdaq: SVRE) is making inroads with its technology that prevents people from accessing distracting apps while driving, announcing a big original equipment manufacturing win with IVECO, the brand of Iveco Group N.V. (EXM: IVG). Under the terms of the deal, IVECO will use SaverOne’s safety technology in its 2024 production of light, medium and heavy commercial vehicles. 

It's the latest in a string of deals SaverOne has inked and underscores the desire on the part of transportation companies to find ways to limit distracted driver accidents, which cost companies $60 billion annually. SaverOne’s technology, which automatically locates the mobile device in the driver’s area and prevents the driver from using messaging and other distracting apps, is already installed in over 4,500 cars, trucks and buses and is integrated into fleets of more than 100 companies worldwide.  

Other big wins for SaveOne include Volvo Bus Corp., the unit of Volvo Group (OTCMKTS: VLVLY), GB Tours and Systems Logistics. As more companies look for solutions to prevent distracted driving and lower costs, expect to hear about more OEM deals for SaverOne. Click here to learn more about SaverOne’s technology.

FIVE ZINGERS

YouToo? If YouTube is a little slow on your browser lately, you’re not the only one. Here’s how you can fix it.

X’d Out: Fidelity’s Growth Fund cut the valuation of Musk’s X, reporting that the company's value has dropped more than 70% in the last two years.

Making Amends? Tim Cook appears to be trying to smooth things over with China, ‘doubling down’ on Apple’s commitment to Beijing.

Yard Sale: FTX is selling everything it can to try and compensate creditors, including more than $200 million worth of SBF’s real estate holdings.

Fade The Rally: ‘Bond King’ Bill Gross is betting against the recent rally in Trump’s $DJT stock by selling options. 

ONE FOR THE ROAD

Meta's Request To Postpone Facebook Privacy Settlement Reopening Rejected

In Short: Meta has been denied a request to postpone the U.S. Federal Trade Commission’s re-evaluation of alleged privacy violations within its Facebook division.

What Happened: On Friday, the U.S. Court of Appeals for the D.C. Circuit dismissed Meta’s plea to delay the FTC’s review of its privacy terms. The court ruled that Meta had not met the “stringent requirements” for an injunction pending appeal for any of its five constitutional challenges, reported Bloomberg.

Some Context: The decision marks another setback for Meta in a series of rulings this month regarding the FTC’s authority to reopen a 2020 privacy settlement. This settlement addressed allegations that Meta violated terms after being fined $5 billion in 2023. U.S. District Judge Randolph Moss had previously rejected Meta’s request for a preliminary injunction on March 14.

What Next: Read the full breakdown here.

PRESENTED BY SAVERONE

Making The Roads Safer From Distracted Driving: SaverOne Inks Milestone OEM Agreement With IVECO

SaverOne 2014 Ltd. (Nasdaq: SVRE) is making inroads with its technology that prevents people from accessing distracting apps while driving, announcing a big original equipment manufacturing win with IVECO, the brand of Iveco Group N.V. (EXM: IVG). Under the terms of the deal, IVECO will use SaverOne’s safety technology in its 2024 production of light, medium and heavy commercial vehicles. 

It's the latest in a string of deals SaverOne has inked and underscores the desire on the part of transportation companies to find ways to limit distracted driver accidents, which cost companies $60 billion annually. SaverOne’s technology, which automatically locates the mobile device in the driver’s area and prevents the driver from using messaging and other distracting apps, is already installed in over 4,500 cars, trucks and buses and is integrated into fleets of more than 100 companies worldwide.  

Other big wins for SaveOne include Volvo Bus Corp., the unit of Volvo Group (OTCMKTS: VLVLY), GB Tours and Systems Logistics. As more companies look for solutions to prevent distracted driving and lower costs, expect to hear about more OEM deals for SaverOne. Click here to learn more about SaverOne’s technology.