Tournaments and Tickets: prizes up for grabs

Arcade

Arcade: Guide to Tournaments, Tickets, and ways to get extra gems for the win

Tournaments are internal mini-championships within the Arcade Championship, where competitors must complete Quests to obtain Gems and therefore the Tickets needed to participate in the draw and try to win the prizes up for grabs. There are three Tournaments and they last four weeks each, with the exception of Hall of Fame, the Special Tournament we will discuss in a dedicated article.

You have various ways to accumulate Gems at your disposal:

  • Completing Missions
  • Finding Combo challenges
  • Collecting Trophies 
  • With gifted Gems
  • Holding YNG 

What are the prizes up for grabs, how do the Tournaments unfold, and how do the Ticket accumulation methods work?

Tournaments and prizes up for grabs

There are three Tournaments, each lasting four weeks. So:

  • First Tournament “Insert Coin”: from April 20 to May 18;
  • Second Tournament “Checkpoint”: from May 18 to June 15;
  • Third Tournament “Final Stage”: from June 22 to July 20.

From June 15 to June 22, Hall of Fame is scheduled, a Special Tournament with different features compared to the other Tournaments: far fewer participants and different prizes – here is the article: Prizes and rules of the Special Tournament.

Prize pool for Insert Coin – first Tournament

The prizes planned for the Tournaments will be revealed over time: on May 18, when Insert Coin ends, we will publish the rewards planned for Checkpoint, the second Tournament.

Insert Coin Tournament: from 2:00 PM on April 20 to 2:00 PM on May 18

Prizes up for grabs:

  • 2 Google Pixel Tablets
  • 3 Apple AirPods Max
  • 5 Apple AirPods 4
  • 30 Official Young Platform merch T-shirts

How to increase your chances of winning: get as many Tickets as possible

To have a better chance of winning one of the 40 scheduled prizes, you need to get as many Tickets as possible. It’s a matter of mathematics: at the end of each Tournament, a notary will draw the winning Tickets, so the more Tickets you have, the more likely yours is to be drawn.

To get Tickets you need to accumulate Gems. How?

Completing Missions

Missions are specific activities within the app. By completing a Mission, you will receive Gems. The number of Gems obtained is proportional to the difficulty of the Mission. Missions are distinguished by their duration:

  • Daily: they last 24 hours and update every day.
  • Weekly: they expire after 7 days and reset every week.
  • Permanent: they have no expiration and can be completed at any time.

Finding Combo challenges

Some missions, whether daily, weekly, or permanent, require the same action. It is possible to complete more than one with a single action, thus obtaining more gems. Activate the newsletters to receive Combo challenge notifications via email. You will still easily find them by exploring the missions of the ongoing tournament and championship.

Collecting Trophies

Trophies are the absolute novelty of this edition and represent an extra way at your disposal to increase your personal Gem stash.

These are badges unlocked only through active and constant participation and are divided into eight categories.

How many Gems are up for grabs as a reward? It’s up to you to find out. The only way to reveal it is to unlock a Trophy.

Attention: to secure the Trophy, don’t forget to cash in the Gems by tapping the Claim button! Imagine losing the winning Ticket over such an oversight.

With extra gift Gems

Some special daily missions offer the opportunity to get extra gems.

These do not require the completion of specific objectives, but are a gift for players who show higher activity and open the app more frequently. This allows them to collect more Tickets, as well as gain better positions on the Leaderboard compared to those who play less intensely.

We recommend turning on notifications to receive alerts and ensure you don’t miss out on these extra gems. Since they are daily missions, their validity is limited to 24 hours.

Holding YNG

Every Monday, players holding the Young (YNG) token receive extra gifted Gems: the more YNG you own, the more Gems you receive. You can check your YNG Hodler level by scrolling to the bottom of the “Tournament” section.

Do not underestimate this boost: these weekly gems provide a significant advantage both in obtaining Tickets and climbing the Leaderboard compared to those who do not receive them.

The Ticket distribution mechanism

The more Gems you accumulate, the more expensive obtaining Tickets will be. The Ticket distribution system is structured as follows:

  • Tier 1 – from 0 to 500 accumulated Gems: 1 Ticket every 30 Gems
  • Tier 2 – from 501 to 1,500 accumulated Gems: 1 Ticket every 100 Gems
  • Tier 3 – from 1501 to 3,000 accumulated Gems: 1 Ticket every 200 Gems
  • Tier 4 – from 3,001 accumulated Gems onwards: 1 Ticket every 300 Gems

Thus, all it takes is a single 30-gem mission to get a Ticket and be in the running for the prize draw of that Tournament. At the end of each Tournament, meaning every four weeks, the counter and the Gems are reset.

Example: if at the end of the first Tournament you were at Tier 2 with 80 Gems accumulated out of the 100 needed to unlock a Ticket, at the start of the second Tournament you will start over from Tier 1 with zero Gems. Along with you, the rest of the participants.

3% Cashback and Missions

The first chapter of Arcade is tied to the launch of the Young Account with 3% Cashback for everyone: you will find a series of Missions focused exactly on the Young Account and Card (making a deposit, executing transactions, and so on).

By using the Young payment Account you can optimize your daily expenses in two ways: by receiving 3% Cashback and earning Gems by completing Missions.

Watch out, though: the 3% Cashback is a promo intended exclusively for the first 1000 (one thousand!) users who open the Account and activate the Card.

For now, the Cashback is only available to users with tax residency in Italy.

Arcade is live from 2:00 PM: have fun and try to take something home!

There is nothing else to say, the article ends here: Arcade is live from 2:00 PM on April 20, all that’s left is to wish you the best of luck. Catch us on our social channels for updates on Arcade, the Championship, and the Tournaments, including draws, new prizes, and fresh updates.

Useful Links

Championship and Leaderboard: prizes up for grabs

Arcade

Arcade: Guide to the Leaderboard, Championships and earning extra Gems for winning

The Championship is Arcade’s overall leaderboard, where all players compete to reach the top positions and win the prizes on offer. The most coveted rewards are awarded, in order of merit, to the top 20 players with the highest number of Gems. Therefore, your position on the leaderboard depends exclusively on the Gems you accumulate during gameplay. You can accumulate Gems more easily in 6 ways:

  • Completing Quests 
  • With Bonus Gems
  • Finding Combo Challenges
  • Collecting Trophies
  • Holding YNG
  • Taking part in all Tournaments

Let’s take a look at the prizes on offer and how the Gem accumulation methods work.

Prizes up for grabs

The Arcade Championship offers 20 unmissable prizes for the top 20 players. Winners will be determined based on their position on the Leaderboard as of 20 July at 14:00.

  • 1st – Rolex Oyster Perpetual 2023 Green 
  • 2nd – Django Classic 125
  • 3rd – MacBook Pro 14
  • 4th – MacBook Air 13
  • 5th – Volagratis Gift Card – €1.000 value
  • 6th – iPhone 17
  • 7th – Google Pixel 10
  • 8th – Volagratis Gift Card – €700 value
  • 9th – AirPods Max
  • 10th – PlayStation 5
  • 11th – Amazon Gift Card – €500 value
  • 12th – Pixel Tablet
  • 13th – Apple Watch Series 11
  • 14th – Amazon Gift Card – €300 value
  • 15th – Sony WH-1000XM5 Headphones
  • 16th – Volagratis Gift Card– €250 value
  • 17th – AirPods 4
  • 18th – Amazon Gift Card – €200 value
  • 19th – Volagratis Gift Card – €150 value
  • 20th – Volagratis Gift Card – €120 value

Championship duration

The Arcade Championship runs over a period of 91 days:

  • Start: Monday 20 April at 14:00
  • End: Monday 20 July at 14:00

You have this time to accumulate enough Gems and reach the top of the leaderboard.

How to climb the Leaderboard

Quests

Quests are specific objectives within the app. By completing a Quest, you will receive Gems, which act as experience points. The more Gems you accumulate, the higher your position on the overall Leaderboard. The number of Gems earned is proportional to the difficulty of the Quest.

Quests are divided according to their duration:

  • Daily: last 24 hours, refreshed every day.
  • Weekly: expire after 7 days and reset each week.
  • Permanent: have no expiry and can be completed at any time.

Bonus Gems

Some special daily quests offer the opportunity to earn extra Gems.

These do not require completing specific objectives but are a reward for players who show higher levels of activity and open the app more frequently. This allows them to achieve better leaderboard positions than those who play less intensively.

We recommend enabling notifications to receive alerts and ensure you don’t miss these extra Gems. As daily quests are only valid for 24 hours.

Finding Combo Challenges

Some quests—daily, weekly and permanent—require the same action. It is possible to complete more than one at the same time with a single action, earning multiple Gems.

Enable newsletters to receive Combo Challenge alerts via email. You can also easily find them by exploring the ongoing tournament and championship quests.

Collecting Trophies

Trophies are the major new feature of this edition and provide a valuable boost to increase the number of Gems you hold.

They are badges that can only be unlocked through active, consistent participation and are divided into 8 distinct categories.

The number of Gems available as a reward is a mystery—it’s up to you to discover it. The only way to reveal it is by unlocking a Trophy.

Note: to secure your Trophy, don’t forget to claim the Gems by tapping the “Claim” button! Skipping this step could cost you dearly, allowing others to overtake you on the Leaderboard.

Holding YNG

Every Monday, players who hold the YNG token receive bonus Gems in proportion to the amount of YNG in their wallet.

Holding a minimum amount of YNG from the start is a significant advantage. These weekly Gems allow for a “quantum leap” on the Leaderboard, helping you progress more quickly throughout the Championship.

You can check your YNG Holder level by scrolling to the bottom of the “Tournament” section.

Taking part in all Tournaments

During the championship, competition is intensified by tournaments. These are additional competitions alongside the championship, but with a shorter duration: each lasts four weeks, at the end of which the winners are announced. Unlike the championship, tournaments also involve an element of luck, although a good strategy can still improve your chances of success.

Each time you accumulate a certain number of Gems, you also earn tickets. These tickets are used to enter the current tournament’s prize draw. It is therefore a matter of luck, but the more tickets you collect, the greater your chances of winning.

If you don’t end up among the winners, there is still good news: you will earn new Gems to move up the leaderboard. In short, you gain Gems by taking part in every tournament, i.e. by completing quests during the four weeks. If you’re lucky, you win a prize; otherwise, you still earn a solid number of Gems to climb the leaderboard.

3% Cashback and Quests

The first chapter of Arcade is linked to the launch of the Young Account with 3% Cashback for everyone and features a series of quests focused on the Young Account and Card: making a deposit, carrying out transactions, and so on.

In short, by using the Young payment account, you can optimise your everyday spending in two ways: by receiving 3% Cashback and earning Gems by completing quests.

For now, the Cashback is only available to users with tax residency in Italy.

We almost forgot one very important detail: the 3% Cashback is a promotion reserved exclusively for the first 1,000 (one thousand!) users who open the Account and activate the Card.

Arcade is live from 14:00 today, Monday 20 April: good luck!

It will be three intense months of healthy competition, fun, and gaining greater awareness of the financial environment around you. If you haven’t done so already, we recommend reading the rest of the rules (link below) to avoid making mistakes that could cost you dearly—have you seen the prizes?

If you already know everything, then all that’s left is to open the Young Platform app and, from 14:00 on 20 April, start collecting as many Gems as possible: good luck!

Special Tournament “Hall of Fame”: prizes up for grabs

hall of fame

Arcade: how does the Special Tournament work? How to gain access, and what are the prizes up for grabs?

The most exclusive and highly anticipated moment in Arcade is, without a doubt, the Hall of Fame: a “behind closed doors” Special Tournament, conceived as the game’s very own red carpet.

Unlike standard tournaments open to everyone, the Hall of Fame is a VIP arena accessible only to a very select group of users who are particularly active. The goal? Completing the dedicated quests to secure the final prizes with incredibly high chances of winning.

Exclusive prizes for the Hall of Fame

Being among the chosen few offers a significant statistical advantage: there are 23 prizes available to just 120 participants. This means having a nearly 1-in-5 chance (20%) of taking home a reward. Three of these involve gold, whose market value has performed incredibly well over the last year (up by around 50% at the time of writing). Here is the summary:

Prizes

  • 3 Gold Jewellery pieces (Unoaerre “Lingotto della Fortuna”)
  • 20 Young Platform hoodies

Hall of Fame: the Special Tournament that’s different from the rest

The Hall of Fame is a Tournament with certain features that make it Special compared to the other three standard Tournaments: its duration, number of participants, entry requirements, and Ticket handling.

One week to find the lucky Tickets

Unlike standard tournaments,which last four weeks, the Hall of Fame is all about speed: the Special Tournament will begin on the 15th of June at 14:01 and end on the 22nd of June at 14:00. Seven days to complete as many quests as possible.

Special Tickets (and no Gems)

During this week, participants must complete quests to collect Special Tickets, which a notary will draw at the end of the competition.

An important note: during these seven days, the Tournament removes Gems from the rewards. Why this choice? To ensure fairness among competitors. If the 120 Hall of Fame users received Gems and the others didn’t, the former would gain a significant and unfair advantage in the overall Championship Leaderboard.

Reserved for 120 participants: how are the Passes allocated?

Entry to the Hall of Fame is strictly limited to 120 users. But how do you get in? We wanted to favour those who participate right from the start, dividing the spots into two methods:

  • 20 Golden Tickets drawn at random: from all those participating in Insert Coin (the first Tournament), 20 lucky winners will be drawn to receive guaranteed access.
  • 100 Golden Tickets on merit: the top 100 users positioned on the overall Leaderboard before the event begins will be selected. Naturally, the 20 users who have already won a Pass will not be counted among the top 100: the calculation will be made excluding those who already have one, giving more people the chance to qualify.

What happens to those who aren’t in? (The Claim block)

If you don’t make the top 120, you won’t be able to participate in the Special Tournament draws, but you lose nothing and can continue playing. You will still be able to complete your basic Championship quests normally. However, you will notice a technical quirk: the buttons to redeem rewards (the “Claim” for Gems and Tickets) will be temporarily blocked for everyone.

As explained earlier, this serves to keep the leaderboard fair throughout the week. No worries, everything you do is recorded in the background: you’ll just need to wait for the end of the Hall of Fame (the 22nd of June at 14:00) to redeem all your backlogged loot in one go!

Arcade is live: let the games begin!

That’s everything, there’s nothing more to add: Arcade has been live since 14:00 on the 20th of April, so all that’s left is for you to participate in Insert Coin and try to gain access to the Hall of Fame!

We’ll catch up on our social channels for updates on Arcade, the Championship, and the Tournaments, including draws, new prizes, and fresh updates. Good luck!

Useful links

Leagues: prizes up for grabs

Leagues

Arcade: how Leagues work based on your leaderboard position

Leagues are a huge new feature: a parallel competition to the Championship, based on the same Leaderboard but with prizes awarded through a lucky draw. This means more chances to win!

To qualify for a League, you must rank among the top 2,000 players. The higher your rank, the more prestigious the League, and the better the prizes up for grabs. Discover the 3 Leagues (Diamond, Ruby, Sapphire) and what you can win.

Prizes up for grabs

League prizes are distributed via a lucky draw once the Championship ends (July 20th). Here’s what you can win in each League:

Diamond League (1st – 100th place)

You have a 21% chance of winning!

  • 1 experience at Villa Crespi with Chef Cannavacciuolo
  • 20 Young Platform hoodies

One in five is guaranteed to win.

Ruby League (101st – 500th place)

You have an 11% chance of winning!

  • 40 Young Platform t-shirts
  • 5 annual Forbes subscriptions

One in ten wins.

Sapphire League (501st – 2,000th place)

You have a 4% chance of winning.

  • 60 Young Platform caps
  • A special extra surprise prize!

When do the Leagues take place?

The Leagues run parallel to the Championship:

  • Start: Monday, April 20th at 2:00 PM
  • End: Monday, July 20th at 2:00 PM

Your final ranking on July 20th will determine which League you fall into.

The lucky draw system

Once your League is determined, prizes are distributed through a random draw. This means:

  • Your rank within the League doesn’t matter — the 1st place has the exact same odds as the 100th place
  • The odds are equal for all participants in the same League
  • The higher the League, the better your chances of winning

For example, if your final ranking on July 20th is 78th, you would enter the Diamond League.

While in the Championship the first-place winner would get a Rolex Oyster and the 78th place nothing, the mechanism in the Leagues is different: you and the first-place winner have the exact same chance of winning a final prize.

1 game, 3 separate prize pools

Arcade offers you a “three-in-one” experience. What does this mean? By completing Quests and collecting Gems, you are simultaneously working to climb the Championship Leaderboard, gain access to one of the three Leagues, and collect Tournament Tickets.

Simply put: you are traveling down three distinct paths leading to three separate prize pools at the same time, all fueled by a single activity.

  • Championship — win based on your rank (fixed prizes for the top 20)
  • Leagues — win via a lucky draw (odds vary by League)
  • Tournaments — win via a lucky draw using the Tickets you’ve earned

The most crucial element: collecting Gems

Both the Championship and the Leagues depend on your position on the Leaderboard, which in turn depends on your accumulated Gems. You can collect Gems in 6 ways:

  1. Completing Quests
  2. Receiving Gift Gems
  3. Finding Combo Challenges
  4. Collecting Trophies
  5. Holding YNG (having YNG Tokens in your wallet)
  6. Participating in all Tournaments

Find out more: Championship and Leaderboard: prizes up for grabs

The race begins April 20th at 2:00 PM!

Leagues offer an extraordinary opportunity: even if you don’t make it to the top 20 in the Championship, you still have a great chance to win incredible prizes simply by climbing the Leaderboard.

Remember: it’s not about where you place within your League, it’s about making it into one. Luck will take care of the rest!

There’s nothing more to add, we’ll wrap it up here: Arcade goes live at 2:00 PM on April 20th, so all that’s left is to wish you good luck. Catch you on our social channels for updates on Arcade, the Championship, and Tournaments, including draws, new prizes, and the latest news.

Useful Links

Arcade: Win a Rolex, MacBook Pro 14 and much more!

Arcade

Arcade is about to begin: from 20 April, you can combine optimal management of your finances with the chance to win real prizes. How does it work?

Arcade: Tap to Play, or simply Arcade, is a new feature of the Young Platform app that addresses a real need: having a clear understanding of how you manage your finances. But since we hate being bored, we’ve decided to reward good behaviour with the chance to win incredible prizes. So: how does Arcade work? 

How do you take part in Arcade: Tap to Play?  

Let’s start with the basic rules: who can take part and how. There are three key requirements: participation in Arcade is open to anyone who:

  • Of legal age; 
  • Residents in Italy or in one of the Member States of the European Union;
  • Have completed the registration process on Young Platform, by opening an account and completing the necessary procedures – including KYC;

If you, the reader, meet all these criteria, all you need to do is open the app, go to the Arcade section at the bottom right, and sign up by simply clicking ‘Accept’. 

Well done! From now on, you can start completing quests, redeeming Gems to climb the Championship Leaderboard and collecting Tickets to enter the Tournament draws and try to win a Rolex Oyster, a MacBook Pro 14, an iPhone 17 or one of the other roughly two hundred prizes up for grabs.  

If you’ve no idea how all these game mechanics work, don’t worry: in this article, you’ll discover the basics and, if you want to delve deeper, you’ll find detailed explanations for the Championship, Tournaments and the Zealy ‘trick’. 

If, on the other hand, all this sounds familiar, that’s great: it means you’ve taken part in The Box, The Unbox or The Reveal. But don’t take anything for granted! Have you ever heard of Leagues before? Or the Special Tournament? Or Trophies? The answer is surely no, because these are brand-new features introduced specifically with Arcade. 

So, newbies and veterans alike, let’s start with the rules of Arcade: Tap to Play. Just to give you an overview, this article will begin with a description of the Championship and Tournaments, then move on to Gems and quests, and conclude with a more detailed look at how the Championship and Tournaments actually work – don’t despair: your attention span will easily cope with a 6-minute read.

Arcade is structured around two parallel tracks: the Championship and Tournaments.

We particularly liked the dual-track approach – already implemented with The Unbox and The Reveal – simply because our Community liked it: indeed, it’s not a bad idea to ‘kill two birds with one stone’, i.e. compete in two separate competitions at the same time. 

The Championship and Tournaments are, in fact, two simultaneous and independent competitions: 

  • Championship: starts on 20 April at 2 pm and ends on 20 July, also at 2 pm. It is based on the Overall Leaderboard, which is active and valid from the start to the end of the competition. It is used to determine the final positions of the participants and, consequently, the rewards, which are calculated based on their positions in the Leaderboard.
  • Tournaments: these are internal competitions within the Championship. Each Tournament lasts four weeks and offers different prizes than those of the Championship. From 20 April to 20 July, there will be three Tournaments, each lasting four weeks. Please note that there is no leaderboard here: at the end of each Tournament, the winners will be chosen by random draw – we’ll see how this works shortly.

Hold on a minute! Something doesn’t add up: we said that Arcade will last exactly 91 days, from 20 April to 20 July. At the same time, we’ve just written that three Tournaments are scheduled and that each lasts four weeks

If maths isn’t a matter of opinion, if we multiply three tournaments by four weeks – that is, 28 days – we get 84 days. But, as we said, the Championship lasts 91 days: is there a gap of one week? Not exactly. This week is dedicated to the 

  • Special Tournament: in short – we’ll go into more detail later – the Special Tournament is an event in which a fairly limited number of people can take part, 120 to be precise. How? Either by ranking in the top 100 of the General Leaderboard at the start of the Special Tournament, or by winning one of the 20 Passes, which will be distributed by lottery exclusively to those who took part in the first Arcade Tournament, starting on 20 April.

Right, we’ve just looked at the structure of Arcade and how it works. Now it’s time to answer the questions: 

  • How do you climb the Championship leaderboard? 
  • How can I win the Tournaments? 

The answer is simple: by collecting and redeeming Gems.

Arcade and its beating heart: Gems

Gems, in a nutshell, are the central element around which Arcade revolves: only by redeeming Gems can you both climb the overall Leaderboard and try to secure a place in the top 20, and unlock Tickets, which are essential for trying your luck and taking part in the prize draws that will take place at the end of each Tournament. 

How do you collect Gems? By completing quests

Quests are in-app activities that generate Gems. They can be daily or weekly: as you might expect, the former lasts 24 hours whilst the latter lasts seven days. Naturally, completing daily quests will be easier and will yield a smaller reward in terms of Gems; similarly, weekly quests will require greater effort, which will, logically, result in a larger quantity of Gems. 

Warning! As daily and weekly quests expire, remember to manually claim your Gems as soon as you complete the quest; you risk losing them forever: when the quest disappears, any unclaimed Gems disappear too.

The trick is to stay active and on the ball, checking the Young Platform app daily and tapping the button straight away to claim the unlocked Gems: you can’t imagine how many participants have missed out on taking home at least one prize simply because they didn’t claim their Gems—such a shame.

Is there a way to earn extra Gems? Yes, with YNG

Throughout the duration of the Championship, anyone holding Young (YNG) in their main Wallet on the Young Platform receives a weekly bonus of Gems. It’s an automatic reward for those who support the project and choose to hold the YNG token.

Please note: YNG tokens locked for Club membership are excluded from the calculation. Only those held freely in the Main Wallet are counted.

It’s simple: every week, the amount of YNG you hold is recorded, and based on that, you’re awarded several extra Gems. No manual actions or tasks are required: the Gems are credited directly to your balance.

There are 7 bonus tiers, each linked to a holding range. If you buy a new YNG and move up a tier, the number of weekly gems will increase. Conversely, if you sell or transfer YNG, you may drop a tier and receive fewer gems the following week.

The system is dynamic: each week, you can move up or down depending on movements in your portfolio.

What’s new in Arcade compared to the past: Trophies

As we mentioned earlier, Trophies are one of the brand-new features introduced with Arcade. What are they? In a nutshell: another way to boost your Gem haul and, with it, your chances of winning one of the many rewards. 

To get straight to the point, Trophies are challenges you complete by finishing quests. Think of them as a digital loyalty card: for every set number of quests completed, Gems collected, Tickets gathered, and so on, you unlock a badge that rewards your activity with more Gems. How many? Surprise! It’s up to you to find out. 

Tickets: your entry tickets for the prize draws 

We realise that Gems are the fuel for this whole Arcade engine, as they’re needed to climb the Leaderboard and earn Tickets, which you’ll need to get on the list of potential winners of the prizes up for grabs. 

The draw in question – needless to say – will be entirely random: at the end of each Tournament, we will physically go to our notary’s office, where he will personally draw the winning tickets. Each Ticket has a unique code, which we will use to identify the lucky winners.

A very important detail: the fact that each Ticket has a unique code does not mean each participant has only one chance to win; in fact, the opposite is true. How so? The aim is precisely to secure as many Tickets as possible to increase the probability of winning. 

It’s purely a matter of maths: given a certain number of tickets available—that is, those collected by individual participants in individual Tournaments—the more tickets a participant has, the greater the chances that their ticket will be drawn. 

So, let’s get on with these quests

The mechanism behind Ticket distribution

Given that the fundamental rule, as we have just seen, is that the more Tickets you collect, the better your chances of winning prizes, we have democratised the process of obtaining Tickets: the more Gems you have, the ‘more expensive’ it will be to obtain Tickets. 

The aim was to avoid centralisation – we’re big fans of decentralisation – i.e. the concentration of large numbers of Tickets in the hands of those who can spend the most. 

In short: since Tickets are obtained using Gems, and Gems are earned by completing quests which are often linked to financial activities (card transactions, deposits, etc.), those with greater capital could complete more quests and, consequently, accumulate more Gems. The result: over the long term, a heavily skewed number of Tickets ends up in the hands of just a few users. 

We have resolved this issue by creating a tiered system, structured as follows:

  • Tier 1 – 0 to 500 Gems accumulated: 1 Ticket for every 30 Gems 
  • Tier 2 – 501 to 1,500 Gems accumulated: 1 Ticket for every 100 Gems
  • Tier 3 – 1,501 to 3,000 Gems accumulated: 1 Ticket for every 200 Gems
  • Tier 4 – 3,001 accumulated Gems and above: 1 Ticket for every 300 Gems

In short, with the new system, all you need is a 30-Gem quest to enter Tier 1, get a Ticket and be in with a chance of winning the prizes for that particular Tournament. 

But that’s not all: at the end of each Tournament, i.e. every four weeks, the counter and the Gems are reset.

Example: if at the end of the first Tournament you were in Tier 2 with 80 Gems accumulated out of the 100 needed to unlock a Ticket, at the start of the second Tournament you’ll start again from Tier 1 with zero Gems. Along with you, the rest of the participants. 

Championships and Leagues, Tournaments and Special Tournaments

Before moving on to the prizes, a brief note on Championships and Tournaments: we’ve written dedicated articles, the links to which you’ll find just below this paragraph, to avoid turning this guide into an instruction manual for building a washing machine.

Our advice, of course, is not to take anything for granted. We’ll say it again: Arcade features mechanics we’re introducing, and you can’t possibly know how they work. 

These new features should be of interest to you, as they are simply an additional way to earn Gems and, ultimately, significantly increase your chances of getting your hands on a Rolex, an Apple Watch or a PlayStation 5. 

By the way, let’s finally move on to the prizes

Arcade is giving away a whole host of prizes

By now you’ll have realised that Arcade’s philosophy is simple: to offer members of our community – and beyond – a new and optimal way to manage their finances, guiding them towards financial awareness whilst ensuring they have fun. The essence of all this is: showering you with prizes. 

Championship prize pool based on the final standings

1st: Green Rolex Oyster Perpetual 2023

2nd: Django Classic 125

3rd: MacBook Pro 14

4th: MacBook Air 13

5th: Volagratis Gift Card – value: €1,000

6th: iPhone 17

7th: Google Pixel 10

8th: Volagratis Gift Card – value: €700

9th: AirPods Max

10th: PlayStation 5

11th: Amazon Gift Card – value €500

12th: Pixel Tablet

13th: Apple Watch Series 11

14th: Amazon Gift Card – worth €300

15th: Sony WH-1000XM5 headphones

16th: Volagratis Gift Card – worth €250

17th: AirPods 4

18th: Amazon Gift Card – worth €200

19th: Volagratis Gift Card – worth €150

20th: Volagratis Gift Card – worth €120

League prize pool, based on the final standings

Please note: to find out how to join the various Leagues, please refer to the dedicated article on the Leagues 

Diamond League (1st – 100th place): you have a 21% chance of winning!

  • 1 experience at Villa Crespi with Chef Cannavacciuolo
  • 20 Young Platform hoodies

One in five is guaranteed to win.

Ruby League (101st – 500th place): you have an 11% chance of winning!

  • 40 Young Platform t-shirts
  • 5 annual Forbes subscriptions

One in ten wins.

Sapphire League (501st – 2,000th place): you have a 4% chance of winning.

  • 60 Young Platform caps
  • A special extra surprise prize!

Tournament Prize Pool

Note: this table refers only to the first of the four tournaments, including the Special Tournament, scheduled for Arcade. We will reveal the remaining details in due course in the article dedicated to the Tournaments and the Special Tournament, as soon as the current tournament concludes – in this case, on 18 May at 2 pm.  

Insert Coin: from 20 April 2026 at 14:01 to 18 May 2026 at 14:00

Prizes

  • 2 Google Pixel Tablets
  • 3 Apple AirPods Max
  • 5 Apple AirPods 4
  • 30 YP official merch T-shirts

Younger, have fun and learn!

That’s all there is to say, the article ends here: all that’s left is to wish you the best of luck. We’ll catch up for updates on Arcade, including prize draws, new prizes and the latest news. 

Zealy: The “Cheat Code” to Earn Gems on Arcade

Zealy

Want to dominate the Arcade leaderboard? Discover how to use Zealy to convert XP into extra Gems by completing simple, zero-cost social quests.

The new Young Platform prize competition, Arcade – Tap to Play, is live (from April 20th to July 20th, 2026). As you probably know by now, to climb the Championship leaderboard and qualify for the exclusive Leagues (Diamond, Ruby, and Sapphire), you need one thing above all else: Gems.

The Young Platform app rewards you for your financial habits. But what if we told you there’s a “shortcut” to farm Gems at zero cost, even without opening the app? This shortcut is called Zealy. Here’s what it is and how you can use it to your advantage.

What is Zealy?

Zealy is an external platform (not found in the Young Platform app, but on the web) dedicated to community building. It works very simply: crypto and tech projects use it to offer small “social quests” to their users.

In exchange for completing these quests, Zealy rewards you with experience points, called XP.

How did we link Zealy to Arcade?

The mechanism is the perfect definition of maximum result, minimum effort. For the entire duration of Arcade, our team will upload daily or weekly micro-activities to Zealy. We’re talking about very simple actions, such as:

  • Following Young Platform’s official social profiles.
  • Liking or retweeting a post on X (Twitter).
  • Leaving a comment under an Instagram or TikTok post.
  • Actively participating in discussions on our Discord server.

Every time you complete one of these actions, your Zealy profile earns XP. And here’s where the magic happens: the XP you accumulate on Zealy will then be converted into Gems directly on your Young Platform account.

Why use Zealy? The advantages of a Smart Player

If your goal is to win the Championship prizes, Zealy is an opportunity you can’t ignore, for three key reasons:

  • It’s free: it requires no transactions, crypto exchanges, or card usage. It’s the perfect way to accumulate Gems if you don’t plan to move funds on that day.
  • It makes you soar through the Leagues: all the Gems generated on Zealy are added directly to your in-app balance, making them decisive for your strategy. In fact, they can guarantee you a “Level Up” from the Sapphire League to the Diamond League, where the pool of participants drops significantly and, consequently, your chances of winning skyrocket. Fewer players mean much higher chances of taking home the Villa Crespi experience. Not to mention that hitting the gas on Zealy is the perfect shortcut to break into the global Top 100 and gain access to the exclusive Special Tournament (Hall of Fame).
  • Ideal for newcomers: if you are taking your first steps into the crypto world and want to participate in the contest, Zealy’s social quests are the easiest and most immediate starting point.

How to start earning XP (and Gems)

Participating is incredibly easy. Just follow these steps:

  1. Go to the official Zealy website and create an account using the same email address associated with your Young Platform account.
  2. Search for the official Young Platform community and join. You can do this now by clicking on this link.
  3. On the dashboard (called Questboard), you will immediately see a list of available quests and the XP value for each.
  4. Complete the quest (for example, by clicking on the link to leave a like on Twitter).

Click on “Claim Reward” to get your XP credited!

Join Zealy

Signing up to Zealy is Simple!

Signing up to Zealy is very straightforward; here are the six steps to take:

  1. Visit the link and register with your email (use the same one as your Discord account, if you already have one).
The Box: earn extra gems with Zealy
  1. Confirm your account using the code sent via email, then choose a username.
The Box: earn extra gems with Zealy
The Box: earn extra gems with Zealy
  1. Go to ‘Account settings’ (top right) and connect Discord and X.
The Box: earn extra gems with Zealy
  1. Complete the Quests: every like, piece of content created, or quiz completed gives you points. For automatic tasks, these are credited immediately, whereas you must wait for an admin to approve those requiring a check. P.S. Check often: new challenges are added regularly!
The Box: earn extra gems with Zealy
  1. Convert Points into Gems: in the “Crew” Quests section of Young Platform, transform Zealy points into Gems and climb the leaderboard!

Don’t you have Discord or X yet?

Discord is the heart of the Young Platform community. On our server, the most active users discuss crypto, finance, and macroeconomics, share strategies, and support one another.

Join Discord

X (formerly Twitter) is the reference social network for Web3. If you define yourself as a crypto investor, you simply cannot be without an account.

Join X

Are you ready to grind?

Tap to Play, the first chapter of Arcade, lasts for three months. If you want to maximise your chances of winning, don’t just limit yourself to using the card: keep a close eye on Zealy to scrape together extra Gems and never yield your leaderboard ranking to anyone else.

Let the climb begin!

With Arcade, we offer a fresh approach to managing your personal finances

arcade1

Does personal finance bore you? With Arcade, we make it fun: Quests, Tournaments, and Rewards will guide you towards financial awareness. It starts on April 20

Arcade is the new face of Young Platform, a feature that will let you learn how to manage your finances in a completely different way: who said a banking app has to be boring? We certainly didn’t. But what is Arcade?

The final stage of a journey that began a year ago

On 18th March 2025, The Box was launched, the first episode of a trilogy designed to engage and guide our Community towards financial independence. Why was there a need for this? For a very specific reason: we are born and raised in an environment where everything revolving around money must be approached with caution, spoken in hushed tones, as if it were a taboo subject. Consequently, believing this to be the norm, we lose interest in managing our savings and leave our future to chance. But that shouldn’t be the case. Or rather: that’s not the case in the rest of the world.

In fact, as shown by OECD (Organisation for Economic Co-operation and Development) data, Italy ranks 36th out of 39 countries in financial literacy: four out of five Italians cannot distinguish between simple and compound interest. This difference could potentially add a few zeros to your net worth.

Once we acknowledged the existence of these behavioural chains that have always limited our financial initiative, the second step arrived: The Unbox, the phase of breaking free from the virtual Box.

Once the Box was removed, concluding the phase of The Unbox, it was time for The Reveal: here, we paved the way for the grand revelation, the reality beyond the veil of uncertainty.

Ladies and gentlemen, dear Young Platform Community, let Arcade: Tap to Play begin!

What is Arcade: Tap to Play?

Let’s get straight to the point: Arcade: Tap to Play, or simply Arcade, is a new feature in the Young Platform app. You can find it in the bottom-right corner of the menu bar, alongside the Home, Market, Crypto, and Cash sections.

It is not a new competition: although the mechanics might remind you of the prize draws that have recently ended, Arcade is here to stay. And that is exactly the point: unlike The Box, The Unbox, and The Revea,l which, as we mentioned earlier, were designed as a phased journey, Arcade represents the natural conclusion of this path.

Arcade is the grand revelation; it is the destination reached after a long journey. It is what we promised you: a new way to experience finance free from prejudices, stereotypes, and financial advisors who only look out for their own interests.

Arcade is the tool that helps you regain control of your financial independence.

If it’s boring, it doesn’t work: that’s why Arcade was born

If it’s boring, it doesn’t work” is one of the mantras that guide us when brainstorming new features for our ecosystem. Our goal, we reiterate, is to give you the tools to live a free and independent financial life, built on education and awareness of the risks and benefits.

The main problem: a high risk of boredom. After all, all the major banking apps, traditional or otherwise, try to teach financial literacy using tired, rehashed topics with poor results – as the OECD tells us. This only means one thing: there is no real desire to engage users – meaning the clients – and generate a concrete impact on their financial management.

How do we want to solve this problem? Very simply, by taking boredom out of the equation, we want you to have fun with Quests, Tournaments, Leaderboards, and Prizes. Yes, because Arcade rewards financially virtuous behaviours with incredible prizes: Rolex Oyster, MacBook Pro 14, iPhone 17, PlayStation 5, AirPods Max and about thirty other rewards – the main financial apps try to make you spend, while we want to help you save: funny, isn’t it?

To give a concrete dimension to what has been written so far, the first Chapter of Arcade has been dedicated to the new integration into the Young Platform ecosystem, which includes the payment account and the debit card.

Arcade grows with you, because no one is born knowing everything

We try our best, we come up with ideas, and we work hard to make them a reality. Arcade is the synthesis of this process. However, it doesn’t mean that what we imagine is always absolutely perfect: no one holds all the answers by birthright.

Why this philosophical introduction? Because Arcade is and will be a product in constant evolution, we will strive to improve the feature over time, innovating and updating its mechanics. All this thanks to the feedback and real-world experience of the Young Platform Community – and therefore, thanks to you too.

Arcade is about to start: have a read of the rules

On 20th April, at 2:00 PM, we will officially get the ball rolling: by logging into the app and signing up through the Arcade section, you will be able to start completing Quests to accumulate Gems, collect Tickets, enter the Tournament draws, and climb the Leaderboard.

At the end of this section, you will find links redirecting you to specific articles where you can learn – in no time at all – how Arcade works. If you have participated in previous competitions, you might already know the basic mechanics, but don’t take anything for granted: Arcade introduces some very exciting new features, such as the limited-entry Special Tournament, which features completely different dynamics.

Naturally, you will find all the details about the Special Tournament in the dedicated article below explaining how Tournaments work. Still, please note: as previously mentioned, participation is limited to 120 people. There are two ways to join the group of 120: by ranking in the top 100 on the leaderboard or by trying to win one of the twenty exclusive entry Passes.

A very important detail: to reward those willing to get involved, the 20 winners of these Passes will be drawn exclusively from participants in the first Tournament.

So, don’t waste any more time! If you are reading this article, you already have a head start over everyone else. Best of luck!

Iran War, week four: market updates

Israel-Iran War: Market Update

The war in Iran has entered its fourth week: oil prices and fears of escalation push stock markets into the red. And the crypto market?

The war between the United States-Israel and Iran has entered its fourth week: the Islamic Republic of Iran has organized to make the Strait of Hormuz impassable, a fundamental chokepoint where a fifth of the world’s oil and LNG production passes. The United States responded with an ultimatum that, apparently, had no effect. Global stock markets, obviously, fear escalation and are feeling the blow. The crypto market follows but seems slightly more solid: what is the situation?

Let’s take a look at traditional markets: performance since the beginning of the war

On the Italian morning of February 28, the United States and Israel officially launched a series of coordinated bombings against Iran: in less than 24 hours, they achieved one of the main goals of the raids, eliminating Ayatollah Ali Khamenei, supreme leader of the Islamic Republic of Iran. A few hours after the event, the Revolutionary Guards, one of the three Iranian armed corps, declared the Strait of Hormuz closed: “If anyone tries to pass, the heroes of the Revolutionary Guards and the regular navy will set those ships on fire”.

In the following days, traffic in the Strait was drastically reduced: media and international security agencies reported the presence of naval mines in the channel. The price of energy commodities, consequently, skyrocketed: between 25% and 30% of global oil and LNG (liquefied natural gas) production passes through the Strait of Hormuz. With the opening of the front, Brent – the international benchmark – rose from $73 a barrel to today’s $103.

But it doesn’t end there: over the weekend of March 20-23, Trump sent an ultimatum promising to “strike and level to the ground” Iran’s nuclear-related infrastructure. The Islamic Republic responded with the classic “an eye for an eye, a tooth for a tooth”: “If you strike electricity, we will strike electricity“.

On Monday, just as we were writing this article, the President of the United States backtracked, enacting the usual behavior that earned him the nickname of TACO: Trump Always Chickens Out. What did he do?

He published a post on his social network Truth where he writes, with a few typos: “I am pleased to announce that the United States of America and Iran have had, over the past two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East”.

Based on the tenor and tone of these in-depth, detailed, and constructive conversations, which will continue throughout the week”, the POTUS continues, “I have instructed the War Department to postpone any military attack against Iranian power plants and energy infrastructure for a period of five days, provided that the ongoing meetings and discussions are successful”.

In light of this new update, which has completely changed the cards on the table, what is the current situation? Let’s see how traditional markets are behaving from the beginning of the war to today – Monday, March 23.

Major stock indices

When energy prices grow out of proportion, the real economy suffers: companies spend more to produce due to the across-the-board increase in costs, such as transportation and electricity in general. The result: the price hikes, in the end, are passed on to the consumer, who sees a generalized rise in prices, also known as inflation. What does all this mean in numbers?

Starting from the United States where, at the time of writing, markets are still closed, the Dow Jones is shedding 6.8%, the S&P500 5.4%, and the Nasdaq 100 4.4%. The Dow Jones suffers more than the other two precisely because it is more exposed to energy price variations: within it, we find stocks whose value depends heavily on energy costs, such as Boeing (-15%) and Caterpillar (-9.5%).

Note: in the premarket, futures on the same indices indicate, respectively, a gain of +1.6%, +1.58%, and +1.54%: the news of the postponement of the bombings, which we reported just above, is bearing fruit.

But let’s fly to Europe, which is faring even worse: the Eurostoxx 50 (STOXX), the index that includes the top 50 European companies, is losing 8.6% over the same period. In detail, London is down 9.5%, Paris 8.2%, Frankfurt 8%, and Milan 6.6%.

In Asia, too, the situation is not rosy: the Nikkei, which represents the 225 most important companies in Japan, is giving up 8.8%, while the KOSPI, the main South Korean index, 12.3%. In China, even the Hang Seng, which until now had contained losses, marks a 7.3% drop.

Focus on precious metals: gold and silver

In this chaos, one would expect good behavior from precious metals, universally conceived as safe havens in times of strong turbulence. That is not quite the case.

The price of gold, since March 2 (the first trading day since the start of the war), has dropped by almost twenty percentage points (-19%), closely followed by silver (-30%). At the same time, despite not being a precious metal, the dollar returns to assuming a store-of-value role: in these three weeks, the DXY – dollar vs five major foreign currencies – is gaining 1.8%.

And the crypto market?

The crypto market is in sharp contrast to the general trend: since Saturday, February 28, Bitcoin has gained 6.2% and managed to break $70,000 after two attempts – it is now traveling right around $70,000; Ethereum is doing even better with a +10.1%; Ripple and Solana are joining the party, rising by 4.5% and 8.9%, respectively. In general, the Total Market Cap of the sector saw an inflow of almost 130 billion dollars (+5.8%).

Some interesting data

Glassnode tells us that wallets with a balance equal to or greater than 1,000 BTC, since February 28, have increased by 19 units, from 1,264 to 1,283. Put another way, it seems that the so-called whales – those who hold large amounts of Bitcoin – are returning to accumulate.

Complementarily, in the last month, there has been an outflow from exchanges equal to approximately 78,611 BTC. The amount of available Bitcoin is shrinking, with positive consequences for the price, as explained by the law of supply and demand.

If, on the other hand, we shift our gaze toward institutional players, Bitcoin ETFs recorded a net flow – the balance between purchases and sales, that is, between inflows and outflows – of more than 20,100 BTC.

Are we witnessing a capital rotation?

It is the big question that crypto (and non-crypto) investors have been trying to answer for days. Clearly, no one has the answer, because the future cannot be predicted. In these moments, the best thing to do is to study the fundamentals and understand how the protocols work.

Don’t know where to start? Don’t worry: our Academy is excellent for those who want to start, but also for those who are already experts and want to review.

Lastly: if you made it to the end of the article, it means you are interested in the topic: subscribe to Young Platform by clicking below so you don’t miss any updates!

USA Inflation: Today’s CPI Data

US CPI Data Today: Inflation Results & Market Impact

The Consumer Price Index (CPI) has just been released: what it means for the markets

The Consumer Price Index (CPI) has been released, the data used to estimate inflation in the United States of America. The fate of the markets hinges on US inflation and, therefore, on the Consumer Price Index (CPI) data published on March 11. In this article, we will find out what the CPI is, why it is important, and analyze the latest available data.

CPI meaning

Technically, the CPI (Consumer Price Index) is a fundamental economic indicator that measures how much the prices of everyday goods and services have changed. In other words, the CPI tells us how much it costs to live today compared to the past.

The CPI is calculated by collecting price data on a representative “basket” of goods and services that consumers typically purchase. This basket includes a variety of products, such as food, clothing, housing, transportation, education, healthcare, and other common goods and services. The United States Bureau of Labor Statistics (BLS) collects prices every month in 75 urban areas and compares them with those of the previous period.

Why is it important?

The CPI is used to measure inflation, meaning how much the cost of living increases. If the CPI goes up, it means prices are rising and that, on average, one has to spend more to live like they did before.

Bitcoin and CPI: how are they connected?

The Consumer Price Index is one of the main indicators that the members of the Federal Reserve take into consideration when they have to make choices regarding monetary policy: generally, when inflation drops, the FOMC (Federal Open Market Committee) is more comfortable cutting rates, and vice versa.

Currently, however, analysts believe that the Fed Chairman and the Board of Governors presiding over the FOMC are inclined to keep rates steady for the upcoming meetings as well, in order to assess the impact of the cuts made during 2025.

In any case, the CPI remains a fundamental tool for understanding the inflation trend and trying to predict the behavior of the American central bank: if you’re interested in the topic, you can find all the dates for 2026 in our article on the Fed’s meeting schedule.

The last time it happened

The latest CPI for February came in lower than forecasts and the previous month’s CPI: the data, consistent with what was written above, did not influence the Fed’s choices, which, as we anticipated, left rates at December levels.

So, how did today’s CPI turn out?

February 2026 CPI: data analysis

On March 11, 2026, the BLS published the report on price changes for US consumers. According to the report, the monthly CPI (MoM) increased by 0.3% compared to the previous month, as did the year-over-year CPI (YoY), growing by 2.4% but unchanged compared to February’s measurements. This data is quite positive, as year-over-year inflation seems stable and remains close to the FED’s target of 2%. But April’s CPI will definitely be higher: with the war involving the United States, Israel, and the Islamic Republic of Iran, energy prices have skyrocketed and will impact the cost of living. From

What do these numbers mean?

The fact that the CPI rose by 0.2% month-over-month and 2.4% year-over-year means that inflation seems to have entered a stabilization phase: the readings are practically identical to those of the previous month. In February, in fact, the BLS report showed a 0.2% MoM and 2.4% YoY increase.

What will the Fed decide regarding interest rates at the March 17-18, 2026 FOMC? On the FedWatch Tool, the premier instrument for these kinds of forecasts, the odds of a 25 basis point cut are still close to zero, specifically at 0.8% – with No Change at 99.2%.

Here is how the CPI is tracking in 2026:

March 2026: 2.4% (forecast 2.4%)
February 2026: 2.4% (forecast 2.5%)
January 2026: 2.6% (forecast 2.7%)

2025 Data:

December 2025: 2.7% (forecast 3.1%)
October 2025: 3% (forecast 3.1%)
September 2025: 2.9% (forecast 2.9%)
August 2025: 2.7% (forecast 2.7%)
July 2025: 2.7% (forecast 2.7%)
June 2025: 2.4% (forecast 2.5%)
May 2025: 2.3% (forecast 2.4%)
April 2025: 2.4% (forecast 2.5%)
March 2025: 2.8% (forecast 2.9%)
February 2025: 3% (forecast 2.9%)
January 2025: 2.9% (forecast 2.9%)

To continue following these market updates, join our Telegram channel or click below!

Tariffs and Iran: Markets price in uncertainty

Tariffs and Iran: Markets price in uncertainty

The 15% tariffs and geopolitical tensions frighten the markets: US futures in the red, crypto follows, the dollar loses ground, and gold rises

The Supreme Court’s ruling provokes a reaction from Trump, who introduces global tariffs at 15%. Meanwhile, the United States continues to mass its military fleet in the Mediterranean: is an attack on Iran getting closer? Investors, playing it safe, enter risk-off mode: fleeing from the most volatile assets in search of stability. Here is the situation.

Tariffs and Iran: the macro context

The spark that made the markets lose their nerve has a name: Donald Trump. Indeed, while the potential military escalation in Iran, and the ensuing uncertainty, have occupied the front pages of newspapers for weeks, the move that triggered the sell-off comes from the White House. What happened?

Trump did not appreciate the US Supreme Court’s ruling

The news arrived on Friday, February 20 like a bolt from the blue: according to the US Supreme Court, most of the tariffs imposed by Trump are illegal. The President of the United States, obviously, did not appreciate the ruling and declared that he already has a “backup plan” ready: more tariffs.

The occupant of the White House, on the immediately following weekend, introduced additional 10% global customs tariffs, only to raise the stakes by increasing the threshold to 15%. On his social media platform Truth, Trump literally wrote: “I, as President of the United States of America, will immediately raise the global tariffs by 10% applied to countries – many of which have ‘robbed’ the United States for decades, without suffering consequences (until I arrived!) – bringing them to the 15% level, a threshold fully permitted and confirmed in legal venues.”

Investors in risk-off mode

This combo caused a sharp shift in sentiment: we have entered a phase of strong risk-off, where capital exits very quickly from assets considered volatile or risky to seek safety in traditionally more stable havens.

To give an example, the Fear & Greed Index – the index that measures the fear of crypto investors – is currently sitting at 5, “Extreme Fear”. Conversely, and by the book during geopolitical crises, gold scored a +3% starting from Friday the 20th, returning above $5,000/ounce.

Market update: equities and crypto numbers

On Wall Street, the picture seems clear even at the time of writing, before the stock markets open: Dow Jones futures are down 0.3%, while those on the S&P 500 and the Nasdaq 100 are losing 0.3% and 0.4%, respectively.

The price of oil is also feeling the impact: Brent futures are down 0.5% to $71.2 a barrel, while WTI – the US crude – stands at $66.11 a barrel, down 0.6%.

The crypto market follows suit: in the last few hours, the total market cap of the sector managed to shed over $100 billion in two days, only to recover half of it on Monday. Bitcoin recorded a heavy drop of about 5.5%, touching $64,300 but bouncing back and settling, for now, around $66,300.

The situation regarding liquidations is very interesting: about $468 million in long positions were liquidated between Sunday and Monday. But that’s not all: a single trader saw a whopping $61.5 million go up in smoke in a single trade.

Two more pieces of side info, between Ethereum and Nvidia

Let’s close with two news items that could cause further repercussions on the market, given their relevance.

First of all, the on-chain data tracked by Lookonchain indicate a movement that, generally, the community doesn’t like very much, to put it mildly: Vitalik Buterin, the founder of Ethereum, has gone back to selling ETH. Over the weekend of February 21-22, Buterin sold 1,869 ETH, cashing in more than $3 million. Ethereum, during those same hours, dropped by up to 6.4%, even pushing below $1,850.

Finally, on Wednesday, February 25, Nvidia will publish its highly anticipated quarterly earnings. The reason behind the importance of these numbers should be clear to the whole world: Nvidia is not just a tech company, it is the engine of the entire narrative linked to Artificial Intelligence and, by extension, of the US stock market over the last two years.

If the data were to disappoint and fail to beat the very high forecasts of analysts, the event could trigger a further wave of volatility, dragging down with it the tech sector in general, cryptos included.

What will happen in the coming months? Impossible to say, easier to report on: sign up for Young Platform to stay up to speed!