This Week in Crypto: RISKS, Regulation, ALGO, AVAX & More!!

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๐Ÿ“บEssential Videos๐Ÿ“บ

Last Weekโ€™s Crypto Review ๐Ÿ‘‰
NFT Market Updates ๐Ÿ‘‰
Alogrand Analysis ๐Ÿ‘‰
Bitcoin Lightning Network Explained ๐Ÿ‘‰
El Salvadorโ€™s Bitcoin Adoption ๐Ÿ‘‰
Cashless Society Dystopia ๐Ÿ‘‰
Coin Bureau Trading Strategy ๐Ÿ‘‰
Bear Market Management ๐Ÿ‘‰
OMG Network Explained (Old) ๐Ÿ‘‰
Parachain Slot Auctions ๐Ÿ‘‰

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– TIMESTAMPS –
0:00 Intro
2:28 NFT Market Top?
4:00 Big Crypto Ecosystem Bucks
6:35 BTC In El Salvador: Aftermath
10:22 Mastercardโ€™s Crypto Vision
11:30 Revil Ransomware Returns
12:54 Regulators Prepare For War
16:05 Could the Market Collapse?
18:28 Weekly Crypto Market Forecast
22:00 Outro

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โ›“๏ธ ๐Ÿ”— Useful Links ๐Ÿ”— โ›“๏ธ

โ–บ OpenSea Trading Volume Down 50%:
โ–บ Algorand Commits 300+ Million To DeFi:
โ–บ Ukraine Might Make Bitcoin Legal Tender:
โ–บ Mastercard Acquires Ciphertrace:
โ–บ Revil Returns:
โ–บ Stablecoin Crackdown Incoming:
โ–บ FED Officials Sell Stock:

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๐Ÿ–ผNFT Market Top?๐Ÿ–ผ

Data from Dappradar suggests that the NFT market could be cooling down. This is because Opensea, the largest NFT marketplace in cryptocurrency, saw a 50% decline in NFT trading volume last wee

๐Ÿค‘Big Crypto Ecosystem Bucks๐Ÿค‘

Avalancheโ€™s announcement that they would be allocated 180 million dollars to DeFi development has inspired other Ethereum competitors to do the same. Terra, Harmony, and Algorand allocated 150 million, 300 million, and 300 million to DeFi development respectively

๐Ÿ‘จโ€๐Ÿ’ปBTC In El Salvador: Aftermath๐Ÿ‘จโ€๐Ÿ’ป

A US poll conducted just two days after El Salvadorโ€™s legal tender law suggests that more than a quarter of Americans would also like to see BTC become legal tender in the United States. There is also a rumor that Ukraine is looking to make Bitcoin legal tender as well

๐Ÿ’ณMastercardโ€™s Crypto Vision๐Ÿ’ณ

Mastercard is planning on using Ciphertrace to keep a better track of both crypto and non-crypto transactions made with its cards. This suggests that Mastercard could soon be following Visaโ€™s lead in dabbling with native stablecoin payments and CBDCs

๐Ÿ•ต๏ธโ€โ™‚๏ธRevil Ransomware Returns๐Ÿ•ต๏ธโ€โ™‚๏ธ

Revil disappeared shortly after the last round of ransomware attacks, and the fact Revil is rising from the dead shortly after El Salvador makes Bitcoin legal tender is interesting to say the least

โš”Regulators Prepare For War With Cryptoโš”

The rapid growth of stablecoins has been very concerning for fiat fat cats, especially since all that money is coming from the coffers of big banks.
As far as I can tell, it looks like the only stablecoin that is at risk of getting completely rekt is Tether. As for Circle and Paxos, it looks like the US Department of the Treasury wants to take the reigns

๐Ÿ˜ฑSigns The Market Could Collapse๐Ÿ˜ฑ

A stock market crash across the board which is being predicted by everyone from banks to CNBCโ€™s Jim Cramer

Foreign and domestic issues related to pandemic restrictions has created a lot of uncertainty in the market

Politicians could propose to increase income taxes and double capital gains and dividend taxes for high-net-worth individuals as part of their latest spending spree bill

To top it all off, we have a third threat to the crypto market in the rear-view mirror, and thatโ€™s record levels of inflation. This could result in the FED tapering, raising interest rates, crashing the market.

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๐Ÿ“œ Disclaimer ๐Ÿ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#bitcoin #News #crypto #SEC #coinbase #fed #inflation #algorand

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