18 Oct: Crypto Market Cap ATH

18 Oct: Crypto Market Cap ATH

By theinspired | Inspiration | 18 Oct 2021


"To be free is to have achieved your life." -Tennessee Williams

Big News Of The Day: Total Crypto Market Cap Hits All-Time High of $2.6 Trillion

Podcast Of The Day: The Breakdown - Hester Peirce Reclaims the “Wild West” for the Crypto Industry

Video Of The Day: Altcoin Daily: When to Sell Your Cryptocurrency: Complete Profit Taking Guide!!

Blog Of The Day: Stop Making These 6 Excuses That Are Holding You Back To Buy Bitcoin

My Hot Take

Cryptocurrencies now worth more than Apple by market cap. Bitcoin is bigger than Facebook with more than $1 trillion in market cap. There are over 100 billion-dollar market cap altcoins.

Bitcoin price prints highest weekly close in history and has scored the highest ever weekly candle, forming a bullish technical pattern. Meanwhile, Ethereum exchange reserves are draining. Deflation and exchange outflows may be main fuel for Ethereum's price action.

Next Bitcoin price crash will be ‘shallower’ than 80%, says Pantera Capital CEO Dan Morehead. Bitcoin price increases will also be less dramatic moving forward.

Grayscale Investments, known for its Grayscale Bitcoin Trust (GBTC), is planning on filing an application to convert its flagship fund into a spot ETF early next week. Grayscale, which has been the dominant player in the digital asset space, is now looking to revamp its fund due to competition.

Medical services company MDS Mexico is using blockchain technology to prevent the forgery of fake COVID-19 tests in the Latin American country.

Lastly, Indexed Finance claims to have found hacker who stole $16 Million.

Best Performing Top 10 Asset is: DOGE - $0.26

Well that's a wrap but, continue to read, watch, and listen to the information I curate on my website. I believe you will be well positioned to benefit from the most transformative technological shift we've seen in our life time. Be STRONG and HODL on!

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Remember: Bitcon 2022 tickets for Apr 06-09 in Miami and Consensus 2022 is Jun 10-12 in Austin, Texas; hope to see you at both!

If you find value in this content, please share my website with those you know so they can benefit just as you have. One thing for sure, Bitcoin will without a doubt change the trajectory of your financial future.

     

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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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