🧘♂️Recap: Crypto Week of May. 2
Everything you need to know about this week
It’s not that you want to miss the latest crypto news and insights. These things happen.
🙏 Our weekly recaps have you covered.
Every Saturday, we will highlight the main events of the week ✅ So you can review, reflect and factor them into next week’s trading and investing decisions.
🧲 The Power of the Magnet. Today we have a look at bitcoin on its daily and weekly chart to see what info we can gleam. Click to find out more.
📉 Black Thursday. The ongoing debate of crypto’s correlation with conventional markets may be far from over, but when the Dow suffers the worst trading day since 2020, there’s enough pain to go around for everyone. Click to find out more.
👴 Sayonara to the Middle-Men. The House Agricultural Committee, a hearing titled “Changing Market Roles: The FTX Proposal & Trends in New Clearinghouse Model.” The proposal seeks to offer crypto derivatives directly to users, similar to the international FTX model. Let’s take a deep dive.
🥃 Glass Half Full? Optimism is a low-cost, high-speed Ethereum layer 2 blockchain solution which uses optimistic rollups to run computations off-chain. Click for our full giuide
⛰️ The Great Interest Hike. In response to the COVID-19 pandemic, the United States used economic stimuli that seemed endless to aid their citizens and keep the economy ticking. At the time it felt like free money but, in fact, it came at a massive cost as now US inflation is currently at its highest level since 1981 sitting at 8.5%. Click to find out more
🇫🇷 Binance Goes to France. As we know, one of the biggest obstacles to acquiring bitcoin is having an avenue to do so. Binance just secured regulatory approval in France. Let’s take a closer look at the details.
🔥 It’s Getting Hot In Here. Let’s take a look at the hot defi protocols on the market, and see if there’s one that you could be interested in. Click to find out more.
🎈 Take A Hike. MicroStrategy issued its Q1 report yesterday, there’s a lot to take in. So let’s take a look. Click to find out more.
🏁 Institutions Race to DeFi. Waiting for the FOMC meeting, the crypto markets, and almost every other market, has been looking bleak. Bitcoin is in a downward trend and alts seem to have lost their way altogether, but all hope is not lost. Click to find out why.
📘 Tokenomics 101. Tokenomics can grant insight into a team’s motives, help to contextualise future price movement, give alpha for early action or even predict the likelihood of a rug pull. Click to find our full guide on how it can help you.
⛽ Yuga To Be Kidding Me. Since Yuga Labs launched the mint of the Bored Ape Yacht Club just over a year ago, the founders have been building an empire and the holders have enjoyed a rocket ride in price and perks – but not everyone’s happy. Click to find out why.
🐳 A Highly Illiquid Whale Roosh is the largest whale on Fantom and is responsible for the recent dump with FTM losing almost 30% of its value since 29th April. Click for our take on why.
🐰 Down The Rabbit Hole We Go… In today’s technical analysis we have macro structure, key support, key resistance and what to watch out for looking forwards. Click to find out more.
⛔ Exploits Abound. The deluge of bad news continued to soak the DeFi world over the weekend. Announcements spread across Twitter Saturday, drawing attention to the latest attack. Click to find out what happened.
🕯 Lights Out For Solana You may remember when Solana went offline late last year in September. Solana just experienced another outage over the weekend. Click to find out all the details.
Not financial or tax advice. The content in this newsletter is for informational purposes only. Nothing in this email is intended to serve as financial advice. We are not financial advisors. Every investment and trading move involves risk. Do your own research when making a decision. See our important security disclaimers here.
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