01 Apr: Weekend Recap

By theinspired | Inspiration | 1 Apr 2023


"Wise men speak because they have something to say; Fools because they have to say something."
 –Unknown

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Happy Saturday Folks and welcome to April! This is my birthday month so my hope is that Bitcoin is going to provide me with the best Birthday present ever. Historically this has been the price of Bitcoin at the end of April:

2013: $127.98 | 2014: $620.5 | 2015: $229.68 | 2016: $531.41 | 2017: $2,329.08 | 2018: $$7,380.50 
2019: $8,310.89 | 2020: $9,662.71 | 2021: $35,714.75 | 2022: $31,740.94 | 2023: ?? (I believe it will be higher)

Only one year has the price been lower than the previous and that was last year. Last week we saw Bitcoin lose a few hundred and this week it made that back in triples.

The best performing asset in the past 7 days remains $XRP - up 15.51%; ranked #6 on Coinmarketcap.com. Fear and Greed Index was at 64 last week and its good that's it's come back to 61 this week. Most covered news this week was MicroStrategy buying more Bitcoin. Podcast of the Week is Bankless as they talked with Jim Bianco about the health of the global financial system. Let's review the week shall we?

Monday the price of Bitcoin closed at $27,139.89 and the fear and greed index was 64. The most covered news of the day was MicroStrategy Buys $150 Million Worth of Bitcoin (BTC), Expanding Holdings.(9)
Podcast of the Day: Why We’ll Remember This Banking Crisis as a Turning Point for Bitcoin | The Breakdown

Tuesday the price of Bitcoin closed at $27,268.13 and the fear and greed index was 59. The most covered news of the day was Biden's policy on crypto taxation undermines his environmental goal. Binance CEO CZ rejects allegations of market manipulation.
Podcast of the Day: Cosmic Bitcoin - Gradually Then Suddenly w/ Parker Lewis | Bitcoin Magazine

By Wednesday (Humpday) the price of Bitcoin closed at $28,348.44 and the fear and greed index was 57. The most covered news of the day was XRP shoots 20% in 24 hours as optimism around SEC case grows.(6)
Podcast of the Day: Jim Bianco on the Health of the Global Financial System | Bankless

Right over the hump on Thursday the price of Bitcoin closed at $28,033.56 and the fear and greed index was 60. The most covered news of the day was Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges.(6)
Podcast of the Day: Basics_05 - The Node | Bitcoin Audible

As the week came to a close on Friday the price of Bitcoin closed at $28,111.79 and the fear and greed index right about 63. The most covered news of the day was Bitcoin Drops Below $28K (the reclaim) as Options Expire and could BTC price go to $22K?(4)
Podcast of the Day: Bitcoin, Binance, and The Banking Crisis w/ Dylan LeClair | Bitcoin Magazine

Bottom line: As I type Bitcoin is trading at $28,436.00 and for the week (M-F) Bitcoin gained $971.90. As you can see from week to week, it bounces around but the trend is still up. So, keep buying the dip, be smart, stay safe, stack sats, and HODL as "Matty Sats" would say!

Well that is a wrap folks, if you'd like to be in the know throughout the day, join me on Wubits where I am constantly sharing my thoughts about the Crypto market and personal development type topics. It's a community where you can meet REAL people, make REAL connections, and have REAL conversations. Thanks again for reading, watching, and listening with me.

WEEKEND NEWS

Bitcoin Reclaims $28K, Closed its Third Best March in History. But, Bitcoin Whale Movements Now Raising ‘Caution Flags,’ Says Crypto Analytics Firm Santiment.(2) Growth of the Top 5 Stablecoins Could Signal the Next Bitcoin Leg up Amid ‘Massive’ BTC Transactions, According to Crypto Analytics Firm. Bitcoin to face a ‘new ballgame’ if it breaks $30k resistance. BTC price targets fix on $35K as Bitcoin eyes ‘massive’ liquidity squeeze. Bitcoin copying 'familiar' price trend in 2023, two more metrics show. More than 3,600 Bitcoin ATMs went offline to record largest monthly decline. No, Bitcoin (BTC) Is Not Harming Environment.

What the Ethereum Shanghai Upgrade Means for You, ETH, and the SEC.

OPINION: Balaji Srinivasan Proposes His 'Bitcoin P2P Backup List.' Investment Strategist Lyn Alden: $ETH Likely ‘A Security Based on the Howey Test.’ Bitcoin Maximalism Decoded: Cypherpunk Jameson Lopp Sheds Light on the Controversial Movement.

Ripple (XRP) Token Tallies 14% Increase In Past Week. Dogecoin (DOGE) Might Move Higher by 20% if This Occurs.(2)

El Salvador removes all taxes related to tech innovation for economic growth.(2) U.S. Government Case Against Voyager-Binance.US Deal Has 'Substantial' Merits, Judge Says. SEC vs. Ripple: Deaton’s Analysis Suggests Ripple as More Likely Victor in Outright Win Scenario. Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk. CZ, Binance, influencers face $1B lawsuit for unregistered securities promo.(2)

Kokomo Finance Steals $1.5 Million of Users' Funds Doing Contract Trick: Scam Alert.

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theinspired
theinspired

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


Inspiration
Inspiration

I've been exposed to the world of crypto since 2011. Now I use my knowledge to curate the most relevant news articles, podcast, videos, blogs and social media information to help you be in the know in Crypto!

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