Whited35

Cryptocurrency Market Monthly Updates - Based on CFGI (June 13 - July 17, 2023) Dear Friends, Apologies for the delay in updating this thread based on the CFGI index, but this time we have witnessed some notable signs of recovery in the crypto market, particularly following Ripple's partial win against the SEC. Although BTC failed to sustain its position above the $31K mark to demonstrate strong bullish signals, it was intriguing to observe the impact Ripple had during its time in the spotlight. Moreover, the filing of BlackRock's ETF added a separate wave to the crypto market, driving the CFGI value to its highest point, surpassing 60. The highest value recorded for CFGI was 65, observed on June 22nd, 2023, while the lowest value was 47 on June 19th, 2023. Currently, if we gauge the sentiment within the crypto community, it appears to be predominantly bullish due to several factors. If Ripple manages to achieve a complete victory over the SEC and if the SEC approves the refilled ETF, it is highly likely that we will witness another transformative phase in the crypto world. Best of luck to all. Please note that the information provided in this update should not be taken as financial advice. I am not a licensed financial advisor. Exercise extreme caution and ensure you protect yourself against potential financial losses when considering any information presented here. Best regards, @Whited35

Cryptocurrency Market Monthly Updates - Based on CFGI (May 15 - June 13, 2023) Dear Friends, I apologize for the delay in updating this thread regarding the CFGI index. Unfortunately, there isn't much exciting news to share regarding the performance of the crypto market in the past month. The market has been mostly stagnant, experiencing minor fluctuations. The CFGI values have ranged from a low of 44 on June 6 to a high of 53 on May 16, indicating a neutral state. Lately, traders have been facing significant selling pressure due to the SEC lawsuit against major exchanges Coinbase and Binance US. The lawsuit accuses them of law violations and not categorizing certain cryptocurrencies as securities. Additionally, Robinhood's decision to delist the top three cryptocurrencies, namely MATIC, SOL, and ADA, has contributed to a significant double-digit decline in altcoin prices, resulting in a market loss of over $1 trillion. We hope for better times shortly, as we eagerly await a potential bull run in the crypto market. Thank you for your understanding. Best regards, @Whited35

Miners were seeking possibilities of running their mining farm after China’s last crypto crackdown but of course, Kazakhstan faces pressure in fulfilling the growing demands of energy consumption. For the past several months, I have been noticing news related to the restrictions imposed by Kazakhstan to balance the energy supply. Disputable energy consumption from Bitcoin mining has definitely raised concerns that’s why the crypto community is exploring the innovation alternative as these articles suggest.

@Bitcasino.io it's been a while I was busy with a bunch of stuff and rechecking some of your cool articles on Cryptotalk. As Ethereum transited from PoW to PoS consensus algorithm to fulfill the scalability demands(majorly), I think it would not be bad to explore the feasibility of BTC transition to PoS or another advanced consensus algorithm. Here, is an article from Hackernoon.

Cryptocurrency Market Monthly Updates - Based on CFGI (April 09- May 08, 2023) Greetings everyone, I would like to share some positive news about the cryptocurrency market. Over the past month, we have observed a strong recovery in the market as indicated by the CFGI values ranging from 50 to 69. There have been no bearish indicators from 9th April to 8th May, which is a clear sign of a bullish uptrend. However, despite this positive trend, there are still several factors that are preventing the BTC from initiating a full-fledged bull run. On 21st April, the CFGI indicator value was at its lowest at 50, but it reached its highest bullish value of 69 on 17th April. Although the market is struggling to achieve impressive gains, the crypto community remains hopeful for the next bull run. Wishing you all the best!

Cryptocurrency Market Monthly Updates - Based on CFGI (Feb 03- March 08, 2023) After a long fear trend in the crypto market, the CFGI index exhibited values in the 48-62 range in February 2023. It indicates the recovery stage of BTC and other cryptocurrencies as BTC alone had achieved the milestone of around $25k in the last month before it dipped to about $22k in the first week of March. Currently, we can see the CFGI value around 50 which indicates the neutral stage as you can see less volatility in the crypto market than it has been. Anyway, for the last month, the lowest CFGI value was exhibited at 48 on 10th Feb and the highest value of 62 appeared on 16th Feb. Let's see how the momentum in the crypto market will go shortly. Meanwhile, we'd love to pray for peace and prosperity in this world. Let's hope everything goes normally and steadily. You can check the monthly CFGI chart below. For the daily refreshing CFGI value, prefer the topic post of this thread. Thanks!

Cryptocurrency Market Monthly Updates - Based on CFGI (Jan 05 - Feb 03, 2023) After a long fear fest in the crypto market, we are witnessing a slight bullish uptrend. BTC price at the time of writing this report is around $23K giving hope with a 60 CFGI value i.e. Bullish signal. Despite noticing the uptrend in the crypto market, it is interesting to see in the coming days whether it is a bullish trap or the actual race to enter the "Crypto Spring" phase. Here, the lowest CFGI value appeared to be 25 on the 7th of January and the highest was 61 on 31 Jan 2023. You know the fall of Terra Classic, the bankruptcy of FTX and other global geopolitical factors had severely affected the crypto markets in the last year causing billions of dollars out of the total marketcap. Here, you can see a monthly CFGI-based chart. Thank You!

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Pardon me for this delay @kyoukage01 but anyway, I will make a detailed updates for the mentioned months in 2023 😊 Thank you so much for your effort to make regular updates based on the CFGI charts, really appreciated.

Bear Session ongoing ! Hopefully, it will get recovered soon. Thanks my friend @kyoukage01 for this update based on the CFGI index 😉

Ops ! Missed to have a timely wishes. Anyway, happy birthday CryptoTalk forum ❤ !! Wishing all the best.

I am still believing, the horizon of Cryptotalk is far beyond than my expectation. There could be so many alternatives to give life back to the English section. I guess there is a serious issue behind this "delay" of several features implementations in the English section. Come on guys, let's get started from the point where it was paused 😉.

Cryptocurrency Market Monthly Updates - Based on CFGI (June 9 -July 15, 2022) Dear Friends, Sorry for being quite late to update this thread. Again, I am here with no exciting update but the bearish trend once again. There is still no significant progress in raising the BTC prices in the market. Most of the altcoins are massively suffering in this "Crypto winter". We can see, that the CFGI value for 16 June is 7 which is extreme fear, and the highest CFGI value of 24 appeared on the 10th of July, and still, it was the extreme fear stage. Till now, we have not seen a strong sign of market recovery. Hope everything will be okay soon. Now, you can check the monthly CFGI chart.

Cryptocurrency Market Monthly Updates - Based on CFGI (May 8- June 9, 2022) Dear Friends, In May, surprisingly, the CFGI index value did not exceed 17 i.e. Extreme fear. There was no significant progress in the crypto markets to give bullish sentiments to the traders, and so many factors are responsible for it. Everyone knows, that the best performing Terra LUNA(Now LUNA Classic) crash also propelled the crypto market to go down in FOMO. In addition, sanctions are still imposed against some countries which are also the key factors to consider. Now, back in the month of May, CFGI's lowest value appeared to be 8(Extreme fear) and the highest value is 17(Again extreme fear). For more detailed information about CFGI values, have a look at the following chart.

I am getting an error while clicking on "Get my $$$" even the task is approved, does it mean the earned tokens will be collectively paid?