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Follow Dat Money | Crypto Projections
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Happy Saturday Folks! Last week we saw Bitcoin gain about $2000 and this week things look a big stagnant even with the drop and then the pop; meanwhile, tick tock next block. The best performing asset in the past 7 days was $ETH - up 0.76% and is in position #2 on Coinmarketcap.com. Last week the Fear and Greed Index was at 64 and today it's 60; this continues to be a good sign.
Most covered news this week the increased transactions on the Bitcoin Blockchain due to Ordinals and BRC-20 Tokens. The crypto community is split on if this brings value or is bad for Bitcoin. The Podcast of the Week would have to go to The Bitcoin Matrix as Cedric talked with Tomer about Bitcoin.
Monday the price of Bitcoin closed at $28,091.57 and the fear and greed index was 63. The most covered news of the day was
Bitcoin Transactions Soar as Ordinals Barrel Past 2.5 Million, Notch Daily Record.(8)
Podcast of the Day: Tomer Strolight: Hello. I Am Bitcoin. | The Bitcoin Matrix
Tuesday the price of Bitcoin closed at $28,680.54 and the fear and greed index was 55. The most covered news of the day was
Coinbase & Gemini Launches International Exchange with Bitcoin and Ethereum Perpetual Futures.(7)
Podcast of the Day: #1194 Dr. David Andolfatto | First Central Banker To Present Bitcoin Publicly | TPP
By Wednesday (Humpday) the price of Bitcoin closed at $29,006.31 and the fear and greed index was 64. The most covered news of the day was Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State (3)
Podcast of the Day: Bringing 1 Billion People Into Crypto | TWOAS
Right over the hump on Thursday the price of Bitcoin closed at $28,847.71 and the fear and greed index was 64. The most covered news of the day was Coinbase to Stop Issuing New Loans Via Coinbase Borrow.(5)
Podcast of the Day: The Bull Market In Hard Assets | Jan Van Eck | On The Margin
As the week came to a close on Friday the price of Bitcoin closed at $29,534.38 and the fear and greed index right about 61. The most covered news of the day was Bitcoin price sets new May high above $29.5K as traders eye breakout. Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High.(3)
Podcast of the Day: Gold, Bitcoin & Inflation with Lawrence Lepard | What Bitcoin Did
Bottom line: As I type Bitcoin is trading at $29,116.66 and for the week (M-F) Bitcoin gained $1,442.63; of course Saturday to Saturday due to the volatile nature of Bitcoin - it's down $181.88. We are still waiting for Bitcoin to break the $30K level once again - will it do it by this time next week? Leave me a comment if you think so!
My belief continues to be that no matter what happens I will be okay. Which means, have enough at play to move the needle if the market pops, have some dry powder if it drops, and remain calm and move on if it goes sideways. 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
Ethereum Dencun Upgrade to Offer Lower Transaction Fees. Ethereum Staking Deposits Outpace Withdrawals by $189M in ETH.
Opinion: Prominent Hedge Fund North Rock Digital Founder Calls Ethereum (ETH) 'Unquestioned Arena for Almost All Large Players'
Can Ethereum (ETH) Price Finally Break Through $2,000 Resistance?
RFK Jr. elaborates position on CBDC and why he supports Bitcoin: ‘It isn’t just criminals who want privacy.’
Ripple CEO issues a message to XRP supporters.
Can Ripple (XRP) Whales Trigger Another Rally to Reclaim $0.50?
Binance Fires Back at Reuters Over Report About Confiscated Accounts Linked to Terrorism. Top US Crypto Exchange Coinbase Rolls Out Official Trading Support for Ethereum-Based Cross-Chain Bridge Altcoin.
El Salvador’s Bold Move: A Tax-Free Tech Haven.
Prosecutor says Do Kwon's extradition to South Korea would best serve Terraform Labs' victims. Where Voyager, Celsius Stand in Bankruptcy Proceedings.
Ferrari BTC Purchase Gone Wrong and A Scam Story From Morocco.
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