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– TIMESTAMPS –
2:03 Crypto Market Crash Trigger
3:55 Bitcoin Dominance Spikes
5:11 Constancy affords teenage funding
6:16 Bitcoin Taproot Progress
9:00 Polygon And Optimism
9:28 Parachain Slot Auctions
11:16 Crypto Tax Crackdown
12:13 Crypto Laws Incoming?
13:37 Is Elon Musk The Dogecoin Whale?
14:53 Weekly Crypto Market Evaluation
⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️
► 1 Trillion Crypto Market Crash:
► Bitcoin Dominance Indicator:
► Constancy Lets Youngsters Commerce:
► Bitcoin Taproot Defined:
► Optimism On Ethereum Approaches:
► Kusama Parachain Slot Auctions Start:
► IRS Crypto Tax Reporting Rule:
► Crypto Scores Council Securities Measurement:
► Dogecoin Whale Elon Musk Connection:
🕵️♂Crypto Market Crash Trigger🕵️♂
The dip all the way down to 30k was doubtless establishments deliberately push the worth beneath what most merchants consider would be the backside to scare them into promoting their crypto.
📈Bitcoin Dominance Spikes📈
If the market is crashing and Bitcoin dominance stays low, the potential for an actual rebound is probably going additionally low. Protecting this in thoughts going ahead will aid you along with your buying and selling.
👶Constancy Gives Teenage Funding👶
Cryptocurrencies don’t appear to be on the listing of attainable investments in the intervening time, but it surely’s doubtless solely a matter of time earlier than the kids who be a part of this program begin to ask their mother and father about Dogecoin.
🥕Bitcoin Taproot Progress🥕
94% of all miners have now signaled their help for the Taproot improve which is tentatively scheduled to happen in November this yr.
⛓Polygon And Optimism⛓
There may be some hypothesis that Polygon’s days are numbered. It’s because Ethereum’s ‘in-house’ scaling resolution known as ‘Optimism’ appears to be on observe for its July launch.
💸Parachain Slot Auctions💸
Whereas Kusama’s first parachain slot public sale is scheduled to happen within the subsequent few days, Polkadot has not but set a launch date which has some folks involved.
🔎Crypto Tax Crackdown🔎
Apart from the truth that most establishments and people report their cryptocurrency actions to the tax man already, these crypto guidelines requiring you to repot transactions over 10k is not going to come into pressure till 2023.
⚖Crypto Laws Incoming?⚖
In a brief speech on the 2021 FINRA convention, Gary famous that QUOTE ‘the SEC and FINRA ought to be able to deliver instances involving points corresponding to crypto, cyber, and fintech.’
🐶Is Elon Musk The Dogecoin Whale? 🐶
What’s fascinating is that the second Elon resumed his antics, the Dogecoin whale which holds almost 30% of its whole provide purchased 4.2069 DOGE on the identical time.
📊Weekly Crypto Market Evaluation📊
Curiously sufficient, there do appear to be a couple of cryptos that held up fairly nicely towards the downturn. These have been Celsius, Polygon, and Solana.
📜 Disclaimer 📜
The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable threat of loss. The speaker doesn’t assure any explicit final result.
#bitcoin #crypto #ethereum #dogecoin #fud
Source: Coin Bureau