🧘‍♂️Recap: Crypto Week of May. 2

Market Meditations | May 7, 2022

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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  • ? The Power of the MagnetToday 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 ThursdayThe 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.

Full Article


  • ? 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. 

Full Article


  • ? 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 HikeMicroStrategy 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 DeFiWaiting 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.

Full Article


  • ? Tokenomics 101Tokenomics 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 MeSince 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.

Full Article


  •  ? 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 AboundThe 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.

Full Article

Twitter avatar for @basjjansenBas @basjjansen

@MrktMeditations You guys are AWESOME!

Twitter avatar for @Crypto04196713CryptoInvestor Ⓒ⚡₿ Ξ ₳ ✕ @Crypto04196713

@MrktMeditations Fantastic! Thank you for the free guide on tokenomics!

Twitter avatar for @cryptokonaimagine all the sheeple @cryptokona

@MrktMeditations @KoroushAK Nice explanation! Thank you!

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