Good morning, Point Of CAUTION! lets be careful with any strange tokens you receive strangely into your wallet that you know nothing about. This is on the likes Trustwallet, and Metamask.

If you interact with the token contract by selling the tokens you have opened your wallets for scammers. You will lose ALL your funds soon. Once you sell you have granted the contract unlimited access to your wallet.

What to do?
Simply go to your trust wallet, search for the token and disable it from showing in your token list. Stay safe👍

Ensure you always do your own research and adhere to your risk managment strategies. 🙏.

#Coinbase lists Dogecoin and #Localbitcoins adds IT as PAYMENT METHOD. Thoughts on the market 2. 6. 2021

#Bitcoin spent the last 30 hours in the 37400-35600 range. Corrections to 35K were quickly redeemed, there were several attempts to gain a foothold above 37K, but did not lead to success. At the time of writing this review, the main cryptocurrency is trading at around 36,600. Total Crypto Market capitalization is at $1.6 Trillion, with BTC dominance index of 41.8%.

The stock market finished trading on Tuesday in different directions. The Dow Jones climbed 0.13%, the S&P 500 lost 0.05%, and the NASDAQ fell 0.09%. The volatility index rose 6.80% to 17.90. The dollar index fell 0.09% to 89.910

The fact that Bitcoin was unable to overcome the 38K resistance yesterday, is bad. Not being able to go beyond 38-40K may give rise to a new sell off. . On the other hand, Bitcoin found support at 35K and returned above 36K, which is in favor of continuing to try to take 38K.

Therefore, the plan for today remains the same as yesterday.(https://t.me/decryptedge/550)

Coinbase will add DOGE tomorrow June 3rd, and has also been added to LocalBitcoins. Interesting times indeed. FYI: Unlike Bitcoin, which is designed to be scarce, Dogecoin is intentionally abundant — 10,000 new coins are mined every minute and there is no maximum supply. Coinbase also announced that it is connecting its Coinbase Card debit card to Apple Pay and Google Pay.

One of the largest peer-to-peer cryptocurrency marketplaces, LocalBitcoins, has expanded its portfolio of available payment methods with the inclusion of Cardano (ADA), Dogecoin (ADA), Polkadot (DOT), Chainlink (LINK), and more. Founded in 2012, and based in Helsinki, Finland, facilitates over-the-counter trading of local currency for bitcoins. The company announced the addition of several new virtual assets. Namely, those include the two most widely utilized stablecoins – Tether (USDT) and USD Coin (USDC) and some of the most popular tokens lately – Polkadot (DOT), Cardano (ADA), Bitcoin Cash (BCH), Chainlink (LINK), and Dogecoin (DOGE). The firm’s statement outlined the significant demand for these coins coming from users. “You asked, we delivered! Some highly anticipated altcoins have now been added as payment methods!” Additionally, LocalBitcoins has added new payment processors, including PaySera, PAYSEND, Vodafone Cash, Airtel Money, and more. Source:

That concludes our day's market thoughts. Remember, you must always do your own research. This is not traditional investment or financial advice. #Decryptedge

Search Giant Google Lifts 2018 Ban on Crypto Exchange, Wallet Advertisements. Thoughts on the market 03.06.2021

Bitcoin, yesterday moved in the range of 36000-38000 during the day. An attempt to gain a foothold above 38K last night did not lead to success and Bitcoin saw a decline. As at the time of this writing, Bitcoin is trading at around 37,800. Total Crypto Market capitalization of $1.7 Trillion with BTC dominance index of 41.5%.

The stock market ended Wednesday trading with growth. The Dow Jones is up 0.07%, the S&P 500 is up 0.14%, and the NASDAQ is up 0.14%. Gold and silver also rose. The dollar index added 0.10% and climbed to 89.905.

Bitcoin continued its growth during the day, reaching a high of 38225 on Binance exchange. It was not possible to gain a foothold above 38K and Bitcoin went down to 37K, but it has already rebounded and chances are a repeat of the same. Altcoins are showing steady growth, market capitalization is above 1.7 trillion, dominance index is 41.5% and continues to fall, which indicates continued growth of altcoins.

The priority option for today is Bitcoin in the range of 36000-41000. An alternative option is a spillage below 36K and a possible 35-34K test in case of a negative external background.

The Google search engine will allow crypto exchanges and wallets to advertise in the United States, and given what competition is currently unfolding among crypto projects, this is a million-dollar investment in the popularization of cryptocurrency.

This is clear business revenue move, just last month we shared about https://t.me/decryptedge/532 where searches like “Should I sell my crypto” in the US alone had skyrocketed by 400%. In this new move, exchanges and wallets will be allowed to advertise their products, so long as they meet certain requirements and are approved by Google, beginning Aug. 3, the update stated.

To be approved, exchanges and wallets must be a federal- or state-chartered bank or be registered as a Money Services Business with the Financial Crimes Enforcement Network (FinCEN) and as a money transmitter. The businesses must also comply with legal requirements and Google Ads policies. Talk about regulations. Google will still not allow “ads for initial coin offerings, DeFi trading protocols, or otherwise promoting the purchase, sale or trade of cryptocurrencies or related products,” according to the update.


With such news it wouldn't be a surprise that by the end of this month Bitcoin will cost in the upper level of 45-50K, reason being there are objective reasons for this.
-A continuously operating printing press, investments in the economy remember our thoughts on US Stimulus payment May Be Underway. Effects? (https://t.me/decryptedge/550 )
-new audiences/market players are coming in.. thanks to Paypal, Google, and apple. Gold is already growing, so a new wave of growth in the crypto market is also inevitable.

Crypto exchange Kraken launches a mobile app in the US. The app is available on both Android and iOS platforms and allows users to invest as little as $10, Kraken announced Wednesday.

That ends our crypto market thoughts today. If you have any questions, compliments or have a topic you would like us to talk about on our weekly Bitcoin101, reach out to @DkryptoL & @TichCrypto.

Remember, you must always do your own research. This is not traditional investment or financial advice. #Decryptedge

Billionaire Mark Cuban Joins XRP Army in Criticizing SEC as US Elevate Ransomware Investigations To Similar Priority Level As Terrorism Investigations.
Thoughts on the market 04. 06. 2021

Bitcoin moved in the range of 39400-37100 during the day. There were several attempts to gain a foothold at 39K, but have not yet yielded results and at the time of writing this review, Bitcoin trading at about 36,751. Total Crypto Market capitalization is at $1.7 Trillion, with BTC dominance index of 41.5%.

The stock market ended with a fall on Thursday. The Dow Jones fell 0.07%, the S&P 500 dropped 0.36%, and the NASDAQ fell 1.03%. The volatility index rose 3.20% to 18.04, while the dollar index rose 0.64% to 90.480.

On the cryptomarket, the priority version of yesterday's analysis worked out. Bitcoin remained in the indicated range, there were several attempts to gain a foothold at 39K, but so far have not yielded results. A few days ago we mentioned that such a movement can last several more weeks and we need to overcome 40K in order to break out of the range in which we are stuck.

The priority option for today is Bitcoin in the 37,000-40,000 range. An alternative option is a correction below 37K, in which case we can go to 35K. The main support levels are 37-36K, and resistances are at 38500-39500 and 40K.

In the wake of the economically damaging ransomware attack on the Colonial Pipeline, the US Department of Justice will elevate investigations of ransomware attacks to a similar priority level as terrorism investigations, senior DOJ officials told Reuters.
According to Reuters, internal guidance sent on Thursday to U.S. attorney’s offices stated that information about ransomware investigations in the field should be centrally coordinated with a recently created task force in Washington.
“We’ve used this model around terrorism before but never with ransomware,” acting deputy attorney general John Carlin told Reuters. Source.

Lastly, Billionaire Mark Cuban has joined a choir of critics of the U.S. Securities and Exchange Commission (SEC) in his recent tweet. The "Shark Tank" host has slammed former SEC attorney John Reed Stark for having "absolutely no understanding of crypto." Cuban says that crypto will continue to positively impact businesses more than the regulator.

The speed at which Cuban has turned from a skeptic into a crypto advocate is astonishing. In December, for instance, he himself claimed that bananas had more utility than Bitcoin because they have potassium. Now, he has outlined a myriad of use cases for crypto:

Weather insurance. Money transfer. Provenance for digital files. Marketplace efficiency for digital content. Personal banking. Prediction markets. Non-fractionalized banking. Structured financial products. Fractionalization of assets. Gaming rewards. Soon ticketing.

Interesting times indeed, to conclude, the so-called (twitter) crypto influencers... don't follow them blindly.. personally I prefer real Bitcoin OG's. For instance @aantonop He has turned away lots of offers, realy a lot of lucrative offers to shill some projects. Unfortunately most of the crypto influencers or skeptics turned bitcoin crusaders leverage on their massive followers to pump and dump coins.

Remember, you must always do your own research. This is not traditional investment or financial advice. #Decryptedge

Well this is quite some details on Elon.

Good morning ....... As I wish you a great weekend ahead. ....... *DECRYPT EDGE CONSULTANTS* is inviting you to a scheduled Zoom meeting.

Topic: *DIGITIZATION SHIFT .... WHERE ARE YOU?*
Time: *Jun 5, 2021 09:55 AM Nairobi*

BITCOIN101* - Let's learn about...

*- Crypto-Markets news and this week updates.*
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Join Zoom Meeting
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A Bitcoin Conference for Bitcoiners by Bitcoiners in Miami, Florida, June 4-5, 2021. Hosted by
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Not a popular review but a clean break below 30k on BTC we could see sell offs upto 14k. That would be around an 80% bubble pop from the highs, which would be consistent with previous BTC cycles. If we're instead going much higher, we should find support in the 30-40k area. Could be weeks to months before the uptrend resumes. NFA. 🙏. #Decryptedge

Over 30% of Britons Would Invest in #Cryptocurrencies if it was Regulated, #ElSalvador Looks to become the 2nd Country to adopt #Bitcoin as Legal #Tender. Thoughts on the market 06.07. 2021

#Bitcoin rolled back to 34K over the weekend, reaching local lows of 34800 on #Binance exchange. The correction was bought out and the main cryptocurrency went up. At the time of writing, Bitcoin is trading at 36,500. Total Crypto Market capitalization is at $1.67 Trillion, and BTC dominance index of 41.0%.

Equity markets opened slightly lower. As of now, S&P 500 futures are down 0.12%. Gold, silver and oil are also falling. Asian indices are trading in different directions.

Bitcoin worked out an alternative version of Friday and Saturday analysis with a price drop below 36K, and price retracing to 34800 on Binance, now it has returned above 36K. Altcoins also sank, with ETH falling below $ 2,600 and BNB below $ 400.

Plan for today. If Bitcoin cannot break through the 37K resistance and gain a foothold at this level, we can again go to 35,500-35,000. But I still expect a breakthrough towards 37K and higher, which will be the priority option (again, if there is no FUD)

Good. El Salvador will be the 2nd country to declare Bitcoin legal tender, President Naib Bukele announced this during the Bitcoin 2021 conference. And while El Salvador is a small country, this is a move that could cause a domino effect. Contrary to news going around Japan was the 1st country to treat Bitcoin as legal tender. In 2016, Japan amended its Payment Services Act and Fund Settlement Law in a landmark legislative action that would forever alter the face of crypto regulation in Japan. An extract from the documents reads:
Article 2, paragraph 5 of the amended PSA defined Bitcoin and other cryptocurrencies as:
1. Property value that:
– can be used by unspecified persons for payment of equivalent value for purchased goods, rental fees, or services,
– can be purchased by or sold to unspecified persons
– is transferable via an electronic data processing system (limited to property values that are stored electronically on electronics, excluding currency and currency denominated assets); or
2. Property value that can be mutually exchangeable for one above with unspecified persons and is transferable via an electronic data processing system.

Interesting: Square is investing $ 5 million in sustainable bitcoin mining by startup Blockstream, a Bitcoin infrastructure startup, announced their collaborative effort with Square, Inc., the financial services and digital payments company headed by Jack Dorsey, to build an open-source, solar-powered Bitcoin mining facility at one of Blockstream’s mining sites in the United States.

Lastly, finance outlet This is Money, in conjunction with Coinbase, carried out research to ascertain the interest of Britons investing in cryptocurrencies. The study revealed over a third of the British public is apathetic to buying into cryptocurrency due to a lack of regulation. However, half of those surveyed aged between 30 and 39; declared more accessible information would make them keener on investing.

Remember, you must always do your own research. This is not traditional investment or financial advice. #Decryptedge

Bitcoin Won't Work in El Salvador, Bitcoin Leaves Exchanges, and U.S. Partially Recovers Multi-Million Dollar Cryptocurrency Ransom Paid to Colonial Pipeline Hackers. Thoughts on the market 08. 06. 2021

Bitcoin lost support at 36K during the day, after which it went down, reaching a low of 32351 on Binance. Bitcoin is currently trading at around 32,800. Total Crypto Market capitalization is at $1.49 Trillion, with BTC dominance index of 41.4%.

The stock market finished trading on Monday in different directions. The Dow Jones fell 0.36%, the S&P 500 fell 0.08%, and the NASDAQ rose 0.49%. The dollar index dropped 0.18% to 89.972. Gold and silver also fall.

There is no particular positive with the crypto market either, some top 10 cryptocurrencies lost from 10 to 15% of their value. Capitalization is now below $ 1.5 trillion, and the dominance index fell to 41.1%. Not even MicroStrategy CEO Michael Sailor, who announced that he plans to buy $ 400 million worth of BTC, pushed the market. At the moment MicroStrategy owns 92079 BTC worth more than 3.37 billion. News that El Salvador will declare Bitcoin a legal tender too did not produce any results. Paraguay on the way too. In our view Bitcoin will not be able to succeed in this country. They will likely be forced to ditch Bitcoin (assuming they accept it in the first place), and go for an altcoin that’s cheaper, inexpensive, and more realistic for payments. Some of the reasons are:

▪️High Bitcoin Transaction Fees,
▪️Lack of Infrastructure to support Bitcoin, and
▪️El Salvador’s Corruption and Anti freedom. I could share a read on this later today.

We are seeing headlines that Bitcoin is dead and another crypto winter has begun, this can be traced on comments, and direct messages sent to us, asking when bitcoin is going to recover. Some individuals are even writing about Bitcoin for $100 and below. I ask everyone to turn on their brains and not pay attention to such analysts, because panic mode is now in the kitchen. Going by the Crypto Fear & Greed Index shared, now, yesterday and last week saw figures of 13, 15 and 20 simultaneously. Back in March and April 2020 we saw these numbers amount to -40% monthly candles. Only the deer sell in the red, while others are picking up and waiting for new growth. Nobody can predict the market movement 100%, you can only give direction and support / resistance levels, relying on technical and fundamental analysis, analytical tools, experience and understanding of the market. Going out and piling up in the comments about Bitcoin for $ 100 is not an analysis tool.

Here is the tool. Data from analytical agency Glassnode indicates that Bitcoin is leaving exchanges at the fastest pace since November last year, and the amount of Ether on the leading cryptocurrency exchanges has reached its lowest level in more than two years. Investors move their crypto from trading floors to cold storage, i.e. expect that the market will grow to new heights and for this there are all the prerequisites that I write in almost every review.

Plan for today. If Bitcoin cannot gain a foothold above 33000-33500, then again we can test 30K, a fall below it, you know where that leads us.. I shared on Sunday. Leaving and fixing above 33K will open the way for 34-35K.

Donald Trump claims Bitcoin is a scam and says it should be regulated "very, very high". (Source). On a good note The United States has partially recovered a multi-million dollar ransom for the cryptocurrency paid to the hackers who organized the attack on the pipeline. The federal investigators have managed to recover 63.7 BTC out of the 75 BTC that were paid to the bad actors, according to court documents. On the other hand, Biden's national security adviser says the G7 needs to "deal with the cryptocurrency problem." In a White House press briefing on Monday, National Security Advisor Jake Sullivan addressed growing concerns over ransomware and the increasingly visible strikes against high-profile companies and public infrastructure in recent weeks. If it were a cash ransom could it have been recovered?

Remember, you must always do your own research. This is not traditional investment or financial advice. #Decryptedge

#IRS Boss Asks #Congress for Additional Tools for Regulating #Cryptocurrencies as #Amazon Job Listing Seeks #DeFi Experience. Thoughts on the market 09. 06 . 2021

Bitcoin yesterday fell below 32K, reaching lows of 31,000 on #Binance, such the correction was gradually bought out and price moved to growth. At the time of writing, Bitcoin is trading at 33,406. Total Crypto Market capitalization is at $1.48 Trillion with BTC dominance index of 41.4%.

The stock market finished trading on Tuesday in different directions. The Dow Jones fell 0.09%, the S&P 500 rose 0.02%, and the NASDAQ rose 0.31%. The dollar index rose 0.20% to 90.123. Oil is growing.

With a negative breeze on the crypto market, Bitcoin could not gain a foothold above 33K and went down to 31,000 on Binance Exchange. The sell off began after the announcement that the US FBI had reclaimed a portion of the bitcoin ransom paid to DarkSide hackers following the Colonial Pipeline attack. Many believed that the American authorities had the opportunity to hack cryptocurrency wallets and began to sell their assets, but in fact the FBI simply requested access to the wallet from the provider. Total misdirection and FUD.

Plan for today. If Bitcoin cannot gain a foothold above 34K, then again we can test 31-30K, I still consider a fall below. Leaving and fixing above 34K will open the way to 35K and above. Major support levels are 31-30 and resistance at 33500-34000.

To the positive, Mexico and Panama join the rapidly growing list of Latin American countries accepting Bitcoin. El Salvador, Paraguay, Panama, Mexico have already jumped on the train, who's next? Yesterday I said that MicroStrategy wants to buy Bitcoin for 500 million, and the company's investors want for 1.6 billion.

Interestingly, Amazon listed a job posting titled “head of product, blockchain,” that is looking for an individual who is passionate about decentralized networks. “Do you want to define the future direction for how Amazon Web Services (AWS) will enable customers to solve problems and innovate with blockchain technology across a wide range of industries and use cases?” asks the post. Source. This reminds us of TIME, APPLE, PAYPAL, VISA, EBAY who already did so and followed through.(https://t.me/decryptedge/541 )

The IRS has requested new powers to regulate cryptocurrencies. Charles Rettig, the head of the U.S. Internal Revenue Service, during a Senate Finance Committee hearing yesterday said, “We do need additional tools. We absolutely need additional resources.” Rettig added that the IRS "would appreciate" working with Congress.

Lastly Warren Buffett's company invests $ 500 million in a digital bank that works with Bitcoin. Berkshire Hathaway has invested half a billion USD into Brazilian digital bank Nubank. It first appeared on CNBC's Disruptor 50 list in 2021. The curious thing here is that Nubank has acquired Easynvest brokerage company and, together, the two financial firms plan to offer their customers investments in Bitcoin ETFs. Nubank and Easynvest have been negotiating since fall 2020 and the acquisition is to take place later this year. Warren Buffett is a prominent and long-term Bitcoin hater. In one of his interviews a few years ago, he referred to Bitcoin as "rat poison squared."

Wishing you a great afternoon ahead, Remember, you must always do your own research. This is not traditional investment or financial advice. #Decryptedge