It has been a full month since my last weekly update. Since then the market scenario did not change much. Bitcoin and most altcoins continue to move sideways, with bitcoin settled between $19,000 and $24,000 for several weeks, now months. Overall the greed and fear index has gone up from extreme fear and in the last month to fear only, indicating that people are slightly more confident in the current market scenario than they were a few weeks back. What changed? Let's take a peak at the most relevant headlines of this week and figure out the most important topics to focus on. Are there less Hacks going on? Any updates in crypto regulations in important countries around the world? Any inflation related policy change that could overall effect the global financial health?
These are some examples of important topics, not that they alone could make the market move but in conjunction to all other aspects they could trigger a market reaction.
Sunday August 21st, 2022: Can Web3 be hacked? Is the decentralized internet safer? - https://cointelegraph.com/news/can-web3-be-hacked-is-the-decentralized-internet-safer
Monday August 22nd, 2022: Hacker stole from clients making deposits on Bitcoin ATMs - https://www.theblock.co/post/164741/hacker-stole-from-clients-making-deposits-on-bitcoin-atms
Tuesday August 23rd, 2022: Nike Generated Over $185M in NFT Sales – Gucci, Adidas Trails Behind: Data - https://cryptopotato.com/nike-generated-over-185m-in-nft-sales-gucci-adidas-trails-behind-data/
Wednesday August 24th 2022: First Mover Asia: Bear Market? Taxes? Crypto’s Allure in India Grows, KuCoin Survey Finds; Bitcoin Continues Holding Pattern Over $21K - https://www.coindesk.com/markets/2022/08/25/first-mover-asia-bear-market-taxes-cryptos-allure-in-india-grows-kucoin-survey-finds-bitcoin-continues-holding-pattern-over-21k/
Thursday August 25th 2022: Hacker tries to exploit bridge protocol, fails miserably: Finance Redefin - https://cointelegraph.com/news/hacker-tries-to-exploit-bridge-protocol-fails-miserably-finance-redefined
Friday August 26th 2022: Bitcoin Tanks After Powell Says Fed May Keep Raising Interest Rates - https://decrypt.co/108336/bitcoin-price-powell-fed-raising-interest-rates
Bitcoin Tanks After Powell Says Fed May Keep Raising Interest Rates
Saturday August 27th 2022: Enjoy your Saturday.
All my best
Michelle M
Social Media links: https://cointr.ee/mammycrypto
