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#Bitcoin & Digital Assets Beyond the Hype!

Daily insights, overview and filter summarized #Crypto global updates.

Admins: @DkryptoL Website: https://decryptedge.com/
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KryptoEdge pinned «Bitcoin & Digital Assets Beyond the Hype! In the relatively young and vibrant market of cryptocurrency, finding accurate information on a specific topic can be time-consuming and sometimes difficult to achieve let alone investing your money. At Decrypt we…»
Hello everyone ... welcome and to our first Free Crypto Master class happening this weekend ... Organized by the biggest Crypto exchange in the whole world ... Binance ..

Register and also you can join Binance Telegram group.
Here is our first Master class organized by Binance ... Register
Register to attend the Binance Africa Masterclass (DeFi Edition) this October! :grinning: :rocket:

The October edition is targeted at helping people understand the
- Fundamentals of crypto
- How to make money via Crypto
- How to identify scams
- 30 Tips on becoming a profitable trader
- How to buy and sell crypto, and more advanced concepts around DEFI (Binance Launchpool, BSwap) and futures trading - as they get started on their crypto journey.

This event is scheduled for three days starting Friday October 9th, 2020 till Sunday

Limited seats available

Register now :point_down:
https://bit.ly/Binancemasterclassafrica

Also join the official Binance Kenya Telegram group.

Join our Kenya Telegram community
👉https://t.me/binancekenya


Regards,
Let's register for the Master class ....
A reminder for us to register for the 3Day Crypto Trading MasterClass ... From tomorrow
Good morning
Our master class starts today ...

Let's join in and learn together...
Register to attend the Binance Africa Masterclass (DeFi Edition) this October! :grinning: :rocket:

The October edition is targeted at helping people understand the
- Fundamentals of crypto
- How to make money via Crypto
- How to identify scams
- 30 Tips on becoming a profitable trader
- How to buy and sell crypto, and more advanced concepts around DEFI (Binance Launchpool, BSwap) and futures trading - as they get started on their crypto journey.

This event is scheduled for three days starting Friday October 9th, 2020 till Sunday

Limited seats available

Register now :point_down:
https://bit.ly/Binancemasterclassafrica

Also join the official Binance Kenya Telegram group.

Join our Kenya Telegram community
👉https://t.me/binancekenya


Regards,
Incase you don't get room to join then Zoom ... Stream live via You tube
Good morning All,

As I wish you a great weekend, a reminder that the 3day Master class is still on today and tomorrow same time 7pm Nairobi time.

Below is the link for our Saturday Bitcoin101 Session that will be at 10am Nairobi time.
See you all then..
DKripto King is inviting you to a scheduled Zoom meeting.

Topic: *DIGITIZATION SHIFT .... WHERE ARE YOU?*
Time: *Oct 10, 2020 09:50 AM Nairobi*


TODAY at *BITCOIN101* - Let's learn about...
*- Bitcoin/Crypto Wallets Types*
*- Crypto-Markets news and updates.*
*- Open Q & A session.*

Join Zoom Meeting
https://us02web.zoom.us/j/88048771085?pwd=Z29GV0dOOExGeGxCaFhlaWNPcGhwZz09

Meeting ID: 880 4877 1085
Passcode: BITCOIN101
Crypto Master Class DAY 2 ongoing
Welcome to Day 3 of Binance Crypto Master Class.
Thoughts on the market on 12.10.2020: #Bitcoin Nears $11.5K on #US Stimulus Prospects, Seems to Confirm Bullish Trend.

Over the weekend, #Bitcoin confidently held above 11300, all attempts to go below were immediately bought back. So far, it has not been possible to approach 11500 either, now trading in a narrow range of 11350-11400. Total Crypto-Market capitalization is at $358 billion and BTC dominance index 58.5%.
Likely events driving the move was optimism for the prospects for a U.S. stimulus package after the White House boosted its offer to Democrats on a pandemic relief package to the north of $1.8 trillion Friday. Have talked about this before here.
A new round of stimulus would likely benefit BTC in at least three ways:
-Government and central bank spending around the world in response to the coronavirus-induced slowdown, in the eyes of many, will. inevitably result in inflation, and therefore be positive for the cryptocurrency.
-Given the current correlation between equities and BTC, and that some investors treating BTC like it's a tech stock, anything that boosts equities invariably boosts BTC.
-Stimulus paychecks would give individual investors money to invest and some of those investments would likely be BTC.
Buyers stepped in around $10,500 earlier this week after payments company Square announced that it has put some 1% of its assets into bitcoin #Bitcoin is changing hands near $11,320, representing a 2% gain on the day. - Coindesk.
Equity markets continued where they left off on Friday. The dollar index continues to decline, Asian indices are growing, S&P 500 futures are showing a slight increase, gold is growing.
This week there will be reports for the 3rd quarter. Started by JP Morgan, Citigroup (banks), and Johnson & Johnson. It is not so much the result for the third quarter that is important as its compliance with market expectations. There may be a situation when a bad report will move the markets up (since everything is so bad, it means that soon they will give money), or a good report will send the stock down if it turns out to be worse than expected.
Bitcoin is stubbornly not going down. After breaking through 11,200, Bitcoin tried several times to go below 11300 in two days, the straits were immediately redeemed. But it was a thin weekend market, let's see what happens today. The market does not yet really believe in growth - altcoins are growing selectively and very moderately, the fear index is in the neutral zone (52), everyone is waiting for Bitcoin to fall to 11000. That is why the priority option is to try to take 11500, which is very likely in such an external background.
An alternative is movement in the range 11200-11500. If an attempt is unsuccessful to take 11500, a strait is possible to 11000-10900.
If Bitcoin passes above 11500, or altcoins move to growth, market capitalization will approach the important level of 400 billion, which has not been passed since May 2018. Further options are possible, will share more details.

Interestingly, Bitmex will most likely be fine. Vivienne Khu, who recently became CEO of Bitmex, is close to CME and Citybank. That is, Bitmex was simply squeezed out according to the classical scheme: a run over by the regulator, and with the transition to personalities, with a further offer that cannot be refused.
As a result, Arthur and the company will receive no complaints and the opportunity to live for their own pleasure, and some shady new owners will receive Bitmex. By the way, CTO Samuel Reed was released on bail the day after the appointment of a new CEO of Bitmex. It seems that the parties agreed. This is bad for Bitmex owners (they will lose the asset), but good for the crypto market in general. Much better than a closed exchange.

Wishing you a blessed week and remember this is traditional investment advice. Must do your own research. D.Y.O.R. @Decryptedge
For those interested in the current and future US-approach to cryptocurrency - at least under the current administration.
Thoughts on the market on 15.10.2020: The risks of refusing to include #bitcoin in a portfolio today are higher than the risk of missing out on this opportunity,” #Fidelity notes.

Bitcoin fulfilled plan B from yesterday's review. After another unsuccessful attempt to take 11500, the price of the main cryptocurrency jumped to 11300. The correction was bought out, and for the last 8 hours Bitcoin has been trading in a narrow range of 11350-11420. Total Crypto-Market capitalization is at $358 billion and BTC dominance index of 58.7%.
Stock markets continued their decline yesterday, US indices fell 0.58-080%. S&P 500 closed at 3488. Reason - Treasury Secretary Steven Mnuchin said there are problems with the adoption of the support package. This was already obvious (if there were no problems, the package would have been accepted long ago), but the official statement crashed the markets, despite good statistics on China and strong data on PPI in the US.
Gold is at 1901, the dollar index is up slightly and is moving towards 93.5, S&P 500 futures are looking down. If Trump does not bring a wave of positives to the markets, the downward movement may continue towards 3400-3350 in the S&P 500. But I think that in the next 10-15 days Trump will have his say, and he will try to send the markets to highs, he said earlier.
Bitcoin reaffirmed the lower border of the range at 11300, even on the outside negative it did not go lower. The third attempt to take 11500 failed, but there is no fall, all the corrections are being redeemed. This is very similar to the situation a couple of weeks ago; then, Bitcoin was also steadily holding first above 10200, then above 10500, and did not go lower either on the news about Bitmex or on the external negative. This happens when growth takes place not on emotions, not on FOMO from the crowd, but on a solid foundation. With this form of growth, a return to the original one is extremely rare.
Interestingly, Fidelity Investments announced a possible increase in the capitalization of Bitcoin to 500 billion, and later to 1.3 trillion. They also stated that refusing to include Bitcoin in the portfolio is a much more risky decision than buying Bitcoin. Bitcoin's current capitalization is a drop in the ocean compared to the markets it can influence. However, institutional investors are able to push the capitalization of the first cryptocurrency to $ 500 billion, according to a new study by the financial corporation Fidelity Investments. For a detailed PDF report feel free to ask for it. Quite notable too. In the face of #Ethereum’s recent rocketing transaction fees, its founder and chief scientist, Vitalik Buterin, called on users of the second-largest #blockchain to move over to scaling solutions that are “already here for many classes of applications.” The explosion in decentralized finance (#DeFi) platforms running on Ethereum has caused the cost of transaction fees to skyrocket in recent months (transaction fees have increased from 8 cents at the start of this year to highs of around $14 in September). Meanwhile, there’s pressure from other competing base-layer protocols like Polkadot, Cosmos and Blockstack. - Source:Coindesk.
Today we expect further consolidation at 11300-11500. Out of the range is possible on the external negative or positive. In case of going up, most likely, we will hit 11800, below the next support is at 11000-10900 (but this is only if 11300 cannot resist the external negative).
As always wishing you a blessed day ahead, and remember this is not your traditional investment advice or recommendation.