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Whited35

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Everything posted by Whited35

  1. 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
  2. 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
  3. 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.
  4. @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.
  5. 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!
  6. 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!
  7. 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!
  8. New trading apps may exhibit the several bugs so it will be always better to test your target trading apps whether it is performing well or not. Some apps may crash repeatedly due to the configuration mistake or other reasons. You might Follow These Tips If Your Android Apps Keep Crashing.
  9. 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.
  10. Bear Session ongoing ! Hopefully, it will get recovered soon. Thanks my friend @kyoukage01 for this update based on the CFGI index 😉
  11. Ops ! Missed to have a timely wishes. Anyway, happy birthday CryptoTalk forum ❤ !! Wishing all the best.
  12. 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 😉.
  13. 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.
  14. 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.
  15. 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?
  16. I hope they are also doing something on it. Genuine plans and work always bring very fruitful results at the end. As I love the Cryptotalk forum, I wish it to be the best as it was before :))
  17. Sometimes developing the good products and features takes a long time. English section was massively suffered by the scammers and posts creating bot that's why they paused payments until they rebuild the system(I am not sure whether it will resume or not) but anyway, as one of the oldest member of the English section, I invite guys to discuss on so many issues because a forum is basically designed to discuss on so many issues :))
  18. The decentralized nature of the crypto has played a crucial role to give freedom to users. Unlike centrally managed projects, there will be no risks of single point failure in the decentralized system. So, crypto is important in this modern era due to various reasons. Borderless payment with cheapest fee and faster processing is another reason to consider crypto.
  19. Cryptocurrency Market Monthly Updates - Based on CFGI (April 11,2022-May 8, 2022) Dear Friends, April is gone and we had some interesting scenarios throughout the month. Surprisingly, we experienced a fear fest in the whole month of April as the highest value of CFGI appeared to be 34 on the 10th of April and the lowest value is noted to be 18 today i.e. extreme fear. Comparatively, I think it is safer to say, the majority of crypto investors are loving to hold their assets instead of trading them on the cryptocurrency exchanges. There were no remarkable bullish trendlines as we can see, index values under 34 are trumping over the different timeframes. The highest value of BTC in the specified timeframe was above $48K but due to geopolitical issues and several sensations by western nations causes the crypto market went down immediately. Now(At the time of writing this post), BTC value appeared under $35k, and hence CFGI value is 18 for today which means a bearish trend is following up. It is hard to predict when will crypto market gets recovered. Have a look at the following monthly chart. Thanks.
  20. It was weird that the section "Crypto Forum" was removed earlier so I had no new information to update the thread but we can guess perfectly, if they awarded the best forum, it is CryptoTalk forum.
  21. So many play-to-earn economy based platform are coming into existence by a storm since 2021. Axie Infinity paved the road and NFT Metaverse is another hottest topic in the internet now. I have just an initial sight on your recommended platform, everything is looking cool but I doubt whether it could be a game changer or not 😜
  22. Cryptocurrency Market Monthly Updates - Based on CFGI (Jan 11,2022-Feb 9, 2022) Hi friends, Sorry for being late to update this thread. Here, I am trying to figure out what was actually happened in the cryptocurrency markets. I've been making analyses based on the CFGI index for a long time. Well, starting of the last month i.e. January was not quite good as the bear force in the crypto market was significantly higher. CFGI value for 11th Jan is appeared to be 21 which is a fear state and the lowest value 11 i.e. extreme fear appeared on 23rd of Jan and a massive sell-off (Billion dollars worth crypto swept away overnight) was seen in the cryptocurrency markets. There were several reasons behind the bear markets like Miners were cashing out to pay their bills, the rapid spread of Coronavirus Omicron variant, reputed exchange and DeFi protocols hacks were the key reasons for the bearish markets. It's 9th Feb, quite good news as CFGI is exhibiting 54 value which is a greed state and we can roughly assume, the market is at the recovering phase due to several good news like India legalized crypto by issuing 30% tax, huge amounts of Bitcoin from the popular BitFinex hack has been recovered by DOJ, etc. Now, you can have a look at the following chart.
  23. The well written article about Everscale(Formerly known as Free TON) blockchain network is live on the Capital.com platform with all the detailed information about this blockchain and EVER's price prediction, you might love to check the article here: https://capital.com/everscale-ever-price-prediction
  24. It will not be a bad idea but so many countries have restricted to use cryptocurrencies due to various reasons. Some countries like Malta have allowed university degree in the Cryptography and perhaps others countries are also set to follow the similar trend. Distance learning courses are also available for learners, you might check this topic: https://cryptotalk.org/topic/110550-beginners-free-courses-to-learn-blockchain-and-cryptocurrencies/
  25. Cryptocurrency Market Yearly Update Based-on CGFI(Jan 13, 2021-Jan 12,2022): We are in 2022 but what about the cryptocurrency market's performance in 2021? Well, it is interesting to check the statistics based on the CFGI index for the last year. In 2021, we saw something interesting as Bitcoin and ETH reached the ATHs of $68,789.63 and $4,891.70 on Nov 10, 2021, and Nov 16, 2021, respectively. At that time, CFGI was exhibiting the greed index above the 70-80 range it means the overall crypto market was at the bullish trend to some extend. If you locate the following CFGI yearly graph, you can observe some interesting patterns like the highest greed index value i.e. 95, and fear index value 10 appearing sequentially after a few down/up trends between 9-17 Feb 2021 and 24 May- 21 July 2021 respectively. There were several factors that were responsible to create highly volatile cryptocurrency markets like China's crypto ban including all Bitcoin mining ban was the key factor to inspire the downtrend of BTC and also, if you have not forgotten, the popular figure Elon Musk's move against Bitcoin not to receive it for selling Tesla cars from his company drastically crashed the cryptocurrency markets that's why you can see the fear index value less than 20 in the chart. Some good signs for cryptocurrency markets were also seen as El Salvador recognized BTC as the legal tender. There was huge competition at the biggest institutions' level to purchase the Bitcoin as the hedge against inflation that's why the market followed the bullish uptrends. These are all about the past 2021, now it's 2022, interesting to watch how the crypto market's landscapes will look like. Thank You all, cheers😉!
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