Crypto News: BNB, MakerDAO, OPEC Oil Cut, Stablecoins & MORE!
Hey Guys,
It's time for another weekly crypto review. You'll notice this one was particularly macro heavy, because it really seems that that's what investors are paying attention to the most these days. This makes sense as winter is approaching and an energy crisis is coming.
In terms of crypto headlines, I must admit that most of them were fairly depressing. I suppose that's expected during a bear market, but it would be really nice to see some good news for once. Watching decentralised crypto projects slowly centralise is not my cup of tea.
Don't forget to stick around until the end to see my analysis of last week's top performing altcoins. I'm going to try and be a bit more clear about how exactly I'm assessing whether a coin or token is oversold or overbought. Let me know what you think in the comments.
Enjoy!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► US Unemployment Magically Falls: https://finance.yahoo.com/news/septem...
► Dapper Labs Blocks Russians: https://www.theblock.co/post/175639/d...
► BNB Exploit Explained: https://cointelegraph.com/news/bnb-ch...
► MakerDAO Buys Government Debt: https://cointelegraph.com/news/makerd...
► OPEC Cuts Oil Production: https://www.cnbc.com/2022/10/05/oil-o...
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📜 Disclaimer 📜
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.