"He who knows that enough is enough will always have enough."
–Lao Tzu
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Happy Saturday Folks! Last week we saw Bitcoin gain $720.28 and this week it lost a very small amount but it was a wild ride to get there. The best performing asset in the past 7 days was $ADA - down 9.91% and is in position #7 on Coinmarketcap.com. Last week the Fear and Greed Index was at 49 and today it's 47; third week into June and Bitcoin is not out of the wood but get above $26.8K and the party might get started.
BIG NEWS: Quantum Economics and BitcoinLive formed a strategic partnership which will bring more high quality content about what's going on in the Crypto markets. Visit BitcoinLive, LIKE, SUBSCRIBE, and RING THE BELL to get notified when new shows come up.
Most covered news this week was were multiple: Hinman documents and what is a security or not, SEC and Coinbase scuffle, and of course BlackRock filing for a SPOT Bitcoin ETF. The Podcast of the Week would have to go to The Pomp Podcast talking with Dom Bei and Firefighters buying Bitcoin. Thanks for reading, watching, and listening with me each and every week!
Monday the price of Bitcoin closed at $25,902.50 and the fear and greed index was 47. The most covered news of the day was House Republicans try to oust Gensler with new bill.(5)
Podcast of the Day: #1209 Dom Bei | Firefighters Are Buying Bitcoin! | TPP
Tuesday the price of Bitcoin closed at $25,918.73 and the fear and greed index was 45. The most covered news of the day was SEC comments on Hinman speech released in Ripple Labs filing.(6)
Podcast of the Day: FedWatch 147 - Binance and Coinbase, “Crypto not Bitcoin” Crash, Plus Recessionary Hurricane | Bitcoin Magazine
By Wednesday (Humpday) the price of Bitcoin closed at $25,124.68 and the fear and greed index was 46. The most covered news of the day was SEC says it may make a recommendation on Coinbase petition within 4 months; says no to second request.(6)
Podcast of the Day: Running Bitcoin with Marathon Digital CEO Fred Thiel | TCSS
Right over the hump on Thursday the price of Bitcoin closed at $25,576.39 and the fear and greed index was 41. The most covered news of the day was BlackRock Close to Filing for Bitcoin ETF Application.(3)
Podcast of the Day: Read_740 - What Are the Key Properties of Bitcoin [Jameson Lopp] | Bitcoin Audible
As the week came to a close on Friday the price of Bitcoin closed at $26,327.46 and the fear and greed index right about 47. The most covered news of the day was BlackRock takes giant leap toward spot Bitcoin ETF with SEC filing; approval rate is 575-1.(6)
Podcast of the Day: SLP487 Bitcoin Mining Energy Debate - Digiconomist and Ben Gagnon | SLP
Bottom line: As I type Bitcoin is trading at $26,492.84 and for the week (M-F) Bitcoin gained $424.96; Week over week it's up $815.53 - basically no movement once again. Accumulate, Accumulate, Accumulate!
How many Sats will Sat you Free?
Buy 1M Sats = $250 and wait. Thank me later.
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.
