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Crypto market update: Cryptocurrency market slide deepens

Bitcoin slips towards $20,000 while Ethereum approaches $1,000

 

https://currency.com/crypto-market-update-cryptocurrency-market-slide-deepens

 

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In today’s episode of We know crypto, we have crypto analyst Tone Vays as our guest. He will explain the basics of what is the value of Bitcoin and Why should I buy Bitcoin. It is undeniable that the blockchain technology underlying Bitcoin and other cryptocurrencies are a gamechanger for the financial and investment world. The Bitcoin value hides in its superpower of removing governments, banks and other intermediaries from the picture, so people can store their wealth in an asset that is unconfiscatable for the first time in history. Why buy Bitcoin? The crypto can also facilitate new types of economic activity that were not possible before.

 

 


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How to weather a bear market: Ideas for coping with crypto downturns

Looking for ways you can mitigate a crypto bear market? Read on …

 

https://currency.com/how-to-weather-a-bear-market

 

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Crypto market update: 3AC possible insolvency shocks investors

The crypto fund with $10bn in assets under management could risk insolvency

 

https://currency.com/crypto-market-update-3ac-possible-insolvency-shocks-investors

 

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Fidelity director states BTC could be ‘cheaper than it looks’

After analysing recent data, the global macro expert said BTC is “technically oversold”

 

https://currency.com/fidelity-director-states-btc-could-be-cheaper-than-it-looks

 

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MSTR stock price prediction: Bitcoin gamble rattles investors

Now the leading publicly traded holder of Bitcoin, MicroStrategy has some hurdles to overcome

 

https://currency.com/microstrategy-mstr-stock-price-prediction

 

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SEC chairman calls for greater crypto investor protection

Gary Gensler stresses the need for greater crypto investor protection

 

https://currency.com/sec-chairman-weighs-in-on-recent-crypto-market-meltdown

 

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Crypto market update: Celsius cools trader sentiment

Bitcoin has declined further as the risk appetite among investors has stalled

 

https://currency.com/crypto-market-update-celsius-cools-trader-sentiment

 

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Today’s guest on We Know Crypto is top #BTC analyst and trader Tone Vays. Joining Tom Head and John Dough, Tone will reveal his top tips on how to become a successful trader and Bitcoin genius. Traders had a rough time predicting the crypto market in the last year and that pattern look set to continue. When it comes to technical analysis there are a range of price indicators including MRI. RSI, MACD and CMF – but what do they show and which is of most use in forming Bitcoin technical strategy? Veteran trader Tone Vays will reveal his secrets for reading charts, bitcoin technical trading and navigating both a bullish and bearish #BTC market .

 

 


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Three Arrows Capital liquidations: 3AC hit with huge asset losses

Analysts claim crypto hedge fund lost 60% on 27 key assets and $560m on LUNA collapse

 

https://currency.com/three-arrows-capital-liquidations-3ac-hit-with-huge-asset-losses

 

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XLM price prediction 2030: Returns contingent on Stellar’s user base

Active accounts declined in 2022, although XLM price targets suggest possible returns by 2030

 

https://currency.com/stellar-lumens-xlm-price-prediction-2030

 

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Liquity price prediction: Will LQTY make good in 2022?

Liquity’s TVL fell sharply in the first half of 2022 as the DeFi market took a reality check

 

https://currency.com/liquity-lqty-price-prediction

 

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Edited by Zizu

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Here is our ultimate guide on technical crypto analysis for beginners. We cover the full aspect of technical analysis focusing on price action strategy, and technical indicators like RSI and moving averages.

There are 2 major pillars when it comes to the world of cryptocurrency trading. The first is fundamental and the second is technical analysis. Successful traders are those who manage to master both of them.
Another important part of trading is understanding the latest bearish and bullish crypto news. A successful trader is the person who is always up to date with the current crypto trends.

You can watch our full video on how to use technical analysis to trade crypto.
 

 


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UK to be hub for crypto but minister warns of criminals

It follows a pledge by the Chancellor to issue NFTs and recognise stablecoins as valid payment

 

https://currency.com/uk-to-be-hub-for-crypto-but-minister-warns-of-criminals

 

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Fidelity director states BTC could be ‘cheaper than it looks’

After analysing recent data, the global macro expert said BTC is “technically oversold”

 

https://currency.com/fidelity-director-states-btc-could-be-cheaper-than-it-looks

 

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Bitcoin’s plunge deepens anxiety over El Salvador’s debt

President Bukele jokes about purchasing more Bitcoin after crypto tumbles

 

https://currency.com/bitcoin-s-plunge-deepens-anxiety-over-el-salvador-s-debt

 

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POND price prediction: Can POND investors catch a break?

The Layer-0 protocol has underperformed, and future projections are a mixed bag

 

https://currency.com/marlin-pond-coin-price-prediction

 

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Crypto performance over the past week 👆


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FTX CEO: Firms have a “responsibility to step in” to prevent market collapse

Sam Bankman-Fried addressed the need for crypto firms to take action to help contain losses

 

https://currency.com/ftx-ceo-responsibility-to-step

 

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Iran to cut electricity supply to legal crypto miners

In 2019, Iran became one of the first countries to legalise crypto mining

 

https://currency.com/iran-to-cut-electricity-supply-to-legal-crypto-miners

 

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What is a stablecoin? Our next video explains the popular crypto investment, stablecoins. The film answers some fundamental questions like - what is stablecoin, types of stablecoin and the purpose of stablecoins.  Stablecoins are cryptocurrencies that are pegged to the value of another currency, commodity or financial instrument. They aim to provide an alternative to the high volatility of the most popular cryptocurrencies and are deemed more suitable for wide use in transactions. Stablecoin stability in price is achieved by maintaining reserve assets as collateral or through algorithmic formulas that are supposed to control supply. There are three stablecoin types based on the mechanism used to stabilize their value. You can watch our full video on stablecoin explained!

 

 


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Crypto market update: BTC at $20,000

The biggest riser of the day out of the top 100 cryptos was Synthetix (SNX)

 

https://currency.com/crypto-market-update-btc-at-20-000

 

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Musk intervention drives Dogecoin rally

Dogecoin co-creator Billy Markus welcomed Musk’s continued support for Dogecoin

 

https://currency.com/musk-intervention-drives-dogecoin-rally

 

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Bitcoin realized price: Majority of BTC holders now in the red

BTC holders stand to realize losses if cashing out, though investors may see opportunity

 

https://currency.com/bitcoin-realized-price-most-btc-holders-losing-money

 

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Babel Finance withdrawals: When will crypto lending platform resume redemptions?

Uncertainty remains over Babel’s operations, with users locked out of accounts for the time being

 

https://currency.com/babel-finance-when-will-crypto-withdrawals-be-resumed

 

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