"The present time has one advantage over every other - it is our own."
–Charles Caleb Colton
Powered by LifeLine - The Power of Prevention
Follow Dat Money | Crypto Projections
READ
Happy Saturday Folks! Monday is my birthday so I fully expect Bitcoin to bring me a present :) Last week we saw Bitcoin rise by nearly $1K but this week it's lost just a tad above a hundred; not bad, not bad at all.
The best performing asset in the past 7 days remains $DOGE - up 8.82%; ranked #8 on Coinmarketcap.com. This is all due to Elon Musk replacing the blue bird with the DOGE logo. Fear and Greed Index was at 61 and today it's 61 so just as the price has been flat so is the overall sentiment. Most covered news this week was all about the Ethereum Upgrade Shapella. Podcast of the Week is Bitcoin Fundamentals as Preston talked with Pierre Rochard about Bitcoin Mining. Let's review the week shall we?
Monday the price of Bitcoin closed at $27,790.22 and the fear and greed index was 63. The most covered news of the day was Dogecoin Surges More Than 30% After Token's Symbol Replaces Blue Bird as Twitter Logo.(8)
Podcast of the Day: The US Government Attack on Crypto Certainly Seems Coordinated | The Breakdown
Tuesday the price of Bitcoin closed at $28,168.09 and the fear and greed index was 62. The most covered news of the day was Euler Says All 'Recoverable Funds' Stolen in $200M Hack Have Been Returned.(5)
Podcast of the Day: #1182 Matt Hougan | Bitcoin or Ethereum? Institutional Investor Reveals His Answer | The Pomp Podcast
By Wednesday (Humpday) the price of Bitcoin closed at $28,177.98 and the fear and greed index was 62. The most covered news of the day was Ethereum (ETH) Skyrockets to Eight-Month High Ahead of Shapella Upgrade.(9)
Podcast of the Day: BTC124: Bitcoin is a Strategic National Necessity w/ Pierre Rochard | Bitcoin Fundamentals
Right over the hump on Thursday the price of Bitcoin closed at $28,044.14 and the fear and greed index was 63. The most covered news of the day was Hidden Inside MacOS, the Bitcoin Whitepaper.(5) and Binance Australia's Derivatives License Cancelled by Regulator.(5)
Podcast of the Day: Markets Are Trapped In A "Liquidity Limbo" | Jurrien Timmer | On The Margin
As the week came to a close on Friday the price of Bitcoin closed at $27,925.86 and the fear and greed index right about 64. The most covered news of the day was Dogecoin Drops Sharply After Twitter Blue Bird Returns.(5)
Podcast of the Day: Read_718 - Bitcoin Does Not Waste Electricity [Beautyon_} | Bitcoin Audible
Bottom line: As I type Bitcoin is trading at $28,012.71 and for the week (M-F) Bitcoin lost $135.64. It appears the price is stair stepping it's way higher with smaller pull backs and larger pops; but it's been trading sideways for the past week. 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
Multiple On-Chain Metrics Look Bullish for Bitcoin As BTC Tracks Sideways, According to Analytics Firm Glassnode. Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital. Riot Platforms Pushing Back Against ‘Misguided’ Texas Mining Bill.
OPINION: Imminent 3,300% Bitcoin Explosion Possible Amid Rush To Grab BTC Parachute, Says Balaji Srinivasan on the other side Shocking Bitcoin and Equity Crash Incoming – Before BTC Becomes Future of Global Economy: Harry Dent. Who will be right?
Incoming Ethereum Upgrade Will Benefit Holders – But There’s a $34,000,000,000 Catch: IntoTheBlock. Ethereum (ETH) Whales Are Stacking up, Will the Price Cross $2,000 Ahead of Shapella Upgrade?(2)
dYdX to end support for Canadian users, cites regulatory environment.
Arkansas House And Senate Pass Bill Protecting Right To Mine Bitcoin, Goes To Governor For Approval.(2)
Sudden twist in Ripple v. SEC case where lawyer believe the value of XRP is influenced by Bitcoin and Ethereum; creating a possible split decision.
