Crypto News: Inflation, FTM, XRP, PoW Ban, OTC FUD & MORE!!
Hey Guys,
Happy New Week! I've got just the thing you need to help get you off your feet - my weekly crypto review!
There are a lot of headlines that caught my eye last week, and here are a few of the highlights...
The top spot definitely goes to the news that Andre Cronje has left the crypto industry. As a holder of Fantom (FTM) I was initially a bit worried about what effect it would have on the project as a whole, but my research suggests it should be alright. More on that soon.
The close second is the mainstream reports that Russians are allegedly trying to offload their crypto holdings in the UAE. I doubt its true but even if it were, it has less to do with crypto and more to do with the fact that not all countries are enforcing sanctions against Russia. The asset in question is irrelevant.
In third place is a fan favourite, and that's inflation. This week the Federal Reserve will announce how they plan to proceed as far as interest rates go, and what they decide could cause a market crash or a market boom. The press conference is Wednesday, so watch out.
This timeline coincides with the triangle patterns I see forming on the daily for BTC, and with a potential swing of 10k to upside or downside, it could be a very bumpy ride.
These are just a few of the things I cover in this week's episode, and I talk about altcoins at the end too!
Enjoy!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Crypto Fund Inflows: https://cointelegraph.com/news/crypto...
► Russian Stock Exchange Closed: https://www.bloomberg.com/news/articl...
► Andre Cronje Quits: https://decrypt.co/94903/andre-cronje...
► Ripple Fait Notice Defense: https://financefeeds.com/ripple-score...
► Anti Crypto Bill In EU: https://www.coindesk.com/policy/2022/...
► Russians Selling Crypto In UAE: https://www.reuters.com/business/excl...
► CPI Record High February: https://www.cnbc.com/2022/03/10/cpi-i...
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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.
