🧘♂️Recap: Crypto Week of July. 26
Market Meditations | July 31, 2021
New opportunities for everyone!
Dear Meditators
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.
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FRIDAY
? Let’s Get Technical. We cover BTC and ETH Technicals here! Including market structure, key levels and potential plays. Be sure to not miss it!
? Super App Wallet, Assemble! Paypal has announced that their “super app wallet” will now have “additional crypto capabilities”. Click to find out what these are and how you can use them.
? Inside the Echo Chamber. There was A LOT of crypto regulation and hearings discussed in the US this week. Want to find out what these are and how this applies to you. Click here.
THURSDAY
? Axie Infinity: Part 1. Have you heard of Axie Infinity? We think you should. Axie Infinity is a new NFT game that has come to light due to the crazy returns you can make in the game. Interested? Click to find out the basics.
☕️ Would You Like Some Free Electricity With Your Coffee? Most people who have looked into BTC mining have learned that the cost of using the electricity to supply their mining rig is more than the money you make from mining. But what if you used free electricity from your local coffee shop? Click to find out the pros and cons.
WEDNESDAY
? All Hands on DEX. The total number of DeFi users on the ethereum blockchain has tripled in the last 6 months. This is largely attributed to Decentralised Exchanges (DEXs), which have seen consistent user growth despite the recent market drawdown. Are you on these exchanges? Click to find out more.
❌ Are Your Memories False?. When asked to recall key life events, our memory often doesn’t line up with what actually happened. But why is that? And how can you avoid it? Click to find out.
? Written in the Stars? Crypto communities are incredibly diverse and contain many different types of people, including…astrologers? But can this be used to help your trading? Click the article to find out.
TUESDAY
? Seas of Unicorns. NFT marketplace OpenSea has become the latest crypto unicorn. It recently announced a $100 million Series B funding round led by venture capital firm Andreessen Horowitz at a valuation of $1.5 billion.
? Stoner Cats. Vitalik Buterin has just been cast in an NFT Cartoon called “Stoner Cats”. But do you know who will Vitalik be starring in the show with? Click to find out.
? Time’s Up for 100X? FTX CEO Sam Bankman-Fried (SBF) announced on Sunday that his exchange would limit leverage to maximum 20x. Less than 24 hours later, Binance’s CEO also tweeted a similar message. But what does this mean for traders? Click to find out.
MONDAY
? Positive Amazon Sentiment & Green Candles. On Sunday, an anonymous source revealed plans aimed toward Amazon accepting Bitcoin by the end of this year. Interested in finding out how? Click here.
? The B Word. The B Word conference has garnered a lot of attention, from the witty name to banter of Elon Musk, Cathy Wood and Jack Dorsey. Interested in the key takeaways from the conference? Click here.
? Follow the Money. Did you know Siam Commercial Bank is holding $110 million in its blockchain venture capital division? But what are they planning to invest it in? Click to find out.
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Sunday: Eating Whatever I Want For A Day | 9000 CALORIE CHEAT DAY | Cheat Days Are Psychologically Important
Friday: Bitcoin and Ethereum STRONG Recovery (HERE is When I’m Aggressively Long Again)
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??♂️✍️ Stories in this newsletter were written by Max P., Kimia K., Nick T., Ellen B. and Koroush AK. Graphics were produced by Gerasimos P.
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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