🧘♂️Recap: Crypto Week of Apr. 19
Market Meditations | April 24, 2021
What you NEED to know.
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.
Read, enjoy and join the Market Meditations community to start receiving crypto news, analysis and insights.
At Market Meditations, we firmly believe that crypto should be accessible to everyone. That’s why we are delighted to be partnered with Exodus, one of the top cryptocurrency wallet providers.
The Exodus wallet is free and can be downloaded on your computer or phone. Allowing you to easily store, trade and earn interest on your crypto from one place. Another great feature is the capability to track your entire portfolio: breaking down how much of each asset you own, it’s price and it’s percentage of your total portfolio.
Bitcoin, Ethereum and Solana Analysis. What’s happening with Bitcoin, what does it mean for Ethereum and can we find solace in altcoins such as Solana? All answered in today’s article, using fundamental and technical analysis.
Don’t Get Dragged Down by Anchoring Bias. Jerry first heard about Bitcoin back in 2016 when the price was $500, however, he decided not to buy any. By 2017, he had convinced himself it was a strong asset however the price had risen to $2,000 so Jerry thought “Bitcoin was $500, this is far too expensive, I’ll just wait”. Today the price of Bitcoin is $50,000 and Jerry has missed out on 2,400% returns. Jerry fell prey to anchoring bias. But how can you avoid making Jerry’s mistake? Read this article to find out.
What Type Of Trader Are You? Trading is not a one size fits all category. We all have different schedules, temperaments and preferences. Many people could be better trades if they found the type of trading that suited them best. Today, we provide you with a quiz to determine your trader type.
Ether Price Hits New Record High. Ether rallied to new lifetime highs today on speculation that an impending blockchain upgrade might result in a drop in supply. Find out more in today’s article.
Crypto X Louis Vuitton. According to an article on Yahoo Finance, “crypto is cool, crypto is tres chic.” It seems luxury brands are exploring not only owning crypto, but integrating blockchain technology into their business models. Louis Vuitton, Cartier, and Prada are teaming up to utilise blockchain to tackle the issue of counterfeit goods.
You’re Hired. Getting a job in crypto, arguably the most riveting and thriving industry in the world right now, is not only energising but more realistic than you may think. Consider this article your one stop shop for landing that dream job. We’ll show you the pros and cons of getting a job in the crypto space, where to find them, and what skills you need before you apply.
Are the Doge Days Over? Dogecoin fans had positioned yesterday as a day to send prices skyrocketing to $1. To their disappointment, the token closed the day down 28% at 29 cents.
Gary Gensler: Friend or Foe? Gary Gensler is now chairman of the U.S. Securities and Exchange Commission. A body that governs trading at the largest stock markets in the world. But what implications does this have for the crypto community? Find out by reading today’s free article.
Discovering Project Serum. If you looked at your watchlist on Sunday 18 April it’s likely that the majority of your coins printed an ugly daily candle. This is unless you held $SOL, which not only closed the day green but at an ATH. This relative strength can be attributed to heightened demand as the community wakes up to Solana’s fundamentals in the world of DeFi. This article looks at a meaningful project built on Solana known as Project Serum.
Cardano Extends Staked Capitalisation Dominance. According to data from StakingRewards, Cardano is currently the top blockchain in terms of staked value, with roughly $26.4 billion worth of ADA allocated to securing the network. StakingRewards estimates Cardano stakers are earning an annual reward of 7.22%.
PayPal-owned Venmo Launches Cryptocurrency Trading. Payments app Square made headlines (and dollars) when it integrated Bitcoin trading into its mobile platform back during the crypto bull market of winter 2017. In today’s news, rival payments firm Venmo (owned by PayPal) is following suit.
Profit Protection Guide. It’s easy to make money in a bull market when everything is pumping. Bitcoin dips such as the one we have just experienced are powerful reminders of how the tides can turn. And just how quickly too. If you panic during a dip, you’re probably overexposed. Here we recap on protecting your profits.
Bitcoin & Altcoin Flash Crash. Whilst crypto markets were bullish through the Coinbase Direct Listing, they plummeted early Sunday morning. This crash wiped about $310 billion in less than 24 hours from crypto markets and led to over $10B in liquidations. Find out more in today’s article.
Crypto-Rich Investors Snap Up Virtual Real Estate. Most people relate NFTs with art. However, art is but one part of a new economy of blockchain-based virtual worlds where land, buildings, avatars and even names can be bought and sold as NFTs.
Monday: How He Made $2,000,000 in 1 Day
Wednesday: I Earn $5000 A Month in Crypto Passive Income (COMPLETE Beginner 2021 DeFi Tutorial)
Tuesday: NFTs, Gaming and The Metaverse with Coin Artist
Coin Artist is the CEO of Blockade Games and has been involved in crypto since 2013.
Thursday: Earning High Yields through DeFi with Psykeeper
Psykeeper is the founder of DeFi protocol, Saffron Finance and has been building in the crypto space for the last 10 years.
Delighted to say this article is brought to you by crypto.com, the world’s fastest growing crypto app. Our favourite features:
? Earn Interest
Grow your portfolio by earning up to 14% interest on your crypto assets
? Crypto.com Visa Card
Spend with the crypto.com Visa Card and get up to 8% back
✅ Buy and Sell Cryptos
Join 10m+ users buying and selling 100+ cryptocurrencies at true cost
WHAT MEDITATORS SAID
? FREE Educational Resources:
? Join the AK Community:
? More Market Meditations:
Some of the links we’ve included are affiliate, they give you rewards and discounts and earn us a commission. Disclaimer: 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.