You Can Now Get Paid in #Bitcoin to use #Twitter.

Thoughts on the market 24.09.2021

Bitcoin moved in the 44980-43070 range during the day. With several attempts this morning to break through the 45K resistance, but so far with no success. At the time of writing this review, the main cryptocurrency is trading at around 44,200, with a BTC dominance index 42.2%. Total Crypto Market capitalisation of $1.97 Trillion.

Equity markets closed up Thursday trading. The Dow Jones is up 1.48%, the S&P 500 is up 1.21%, and the NASDAQ is up 1.04%. Gold Futures for December delivery was down 2.15% to 1.740.60 a troy ounce. The dollar index dropped 0.38% to 93.102.

Bitcoin met yesterday's expectations, and worked out the scenario with fixing above 44K, a low of 44978 was registered at Binance. Most top altcoins are trying to keep up with the main cryptocurrency. BTC retested the 44K area and that was the last support line before the breakdown to $40K, right now, we notice a decrease in selling momentum, with no significant increase in the buy that suggests the bulls are over again, So we still looking for another selling wave to $34/$32K and lower than these levels probably. However this view will fail if the bulls reclaimed $50/55K daily close.

#Twitter brought positive to the market, which allowed content authors to accept donations in bitcoin. So far only on devices running iOS, but will soon be available on Android. I hope that this approach will be adopted by other companies as well. We spoke about it here(https://t.me/decryptedge/718)

Months ago he tweeted that he is trying his hand at bitcoin mining. He said he doesn’t think there is anything more important to work on than bitcoin and he has even said that his hope is bitcoin will bring about world peace.

Plan for today. Bitcoin is in the range of 42000-46000, an alternative option is going below 42K, in which case we can go back to 40K**

Wishing you a great peaceful day ahead, remember you must always do your own research. This is not traditional investment or financial advice. #Decryptedge. #cryptocurrency #investment #research #Ethereum #Blockchain

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Today on BITCOIN101 Session we talk about...
- Is This The End of BITCOIN.
- Crypto-Markets news and this week updates.
- Open Q & A session.

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#India Tops The List Of #Crypto Ownership With 100 Million #Hodlers, Where Does Your Country Place? Thoughts on the market 27. 09. 2021

Bitcoin on the weekend began a new growth, with price racing to 44350 on the Binance Exchange. Just this morning it made it to above 44K level. BTc dominance index is at 42.4% and total crypto market capitalization of $1.96 Trillion.

Stock markets opened higher. At the moment, futures for the S&P 500 are up 0.36%, Asian ones are trading in the green zone. Gold, silver and oil are also on the rise.

Bitcoin, as expected, had a pretty tumultuous weekend. After the Chinese FUD on Friday and falling to lows at 40675 (Binance), a sharp recovery began on Sunday. Altcoins are skyrocketing along with the main cryptocurrency, with some showing 20-25% growth.

Unfortunately, on Saturday I could not upload a review, but there was nothing special to write about, now the Chinese negative should be viewed exclusively as FUD, which no longer makes much of the weather on the market. At such moments, as a rule, new participants who have just entered the market are thrown off as evedinently noted on some messages I got.

My opinion has not changed, China has already been forgotten in crypto history, and all the opportunities that were associated with cryptocurrency are being successfully shared by other countries. He, as a "former", no longer decides anything, but perhaps may spoil the mood. The same will happen with Turkey, Russia and other countries that are now "at war" with cryptocurrencies, they will remain in history as those who missed opportunities and made the wrong choice.

The weekly candle closed above 43K, the price even formed a double bottom pattern. Important resistance is at the levels of 44800-45000, a breakdown of which will give us new strength for growth.

Plan for today. Bitcoin is in the range of 42000-46000, an alternative option is going below 42K. But I think that we have already found the bottom and now we will gain momentum to continue the growth. On the other hand, September is not over yet and there may be surprises.

Some interesting news, despite India’s recent regulatory woes, stand out as the country with the most hodlers, at 100 million users, or 7.3% of the population. Considering the country’s top exchange, #WazirX, ranks highly on CoinMarketCap’s exchange score, which looks at web traffic, liquidity, and volume. Not forgetting the consistently high volume of BTC/INR turned over, with $40.3 billion transacted in the last 24-hours, perhaps this isn’t a shock to many people. However, you might be surprised at the country with the highest hodlers as a percentage of the population.

The top 10 countries with the most hodlers show a surprising number of developing nations on the list. Interestingly, China doesn’t appear on the list, which may understate the macro picture. But nonetheless, the top 10 are: Posting the full list here.

What’s more, countries with the highest #hodlers as a percentage of the population also throw up some surprises with notable crypto powerhouses, such as South Korea, not making the top 10. Kenya ranks 9th with Nigeria ranking 4th. Source Bitcoinst.com.

Wishing you a blessed week ahead, and remember you must always do your own research. This is not traditional investment or financial advice. #Decryptedge, #blockchain

A Rundown Of The Highlights.

The top 10 countries with the most hodlers show a surprising number of developing nations on the list. Interestingly, China doesn’t appear on the list, which may understate the macro picture. But nonetheless, the top 10 are:

1. India – 100.7 million
2. USA – 27.5 million
3. Russia – 17.4 million
4. Nigeria – 13 million
5. Brazil – 10.4 million
6. Pakistan – 9.1 million
7. Vietnam – 6 million
8. Ukraine – 5.6 million
9. Kenya – 4.6 million
10. Philippines – 4.4 million

What’s more, countries with the highest hodlers as a percentage of the population also throw up some surprises with notable crypto powerhouses, such as South Korea, not making the top 10.

Ukraine 12.73%
Russia 11.91%
Venezuela 10.34%
Singapore 9.04%
Kenya 8.52%
USA 8.31%
India 7.30%
South Africa 7.11%
Nigeria 6.31%
Colombia 6.14%

Earlier this month, having legalized crypto in a near-unanimous vote, Ukraine’s President Zelensky signaled his intent to go one step further and make Bitcoin legal tender, as El Salvador has done. There are reports of President Zelensky forming a close relationship with President Bukele in sharing ideas and plans for the financial future of their respective nations.

Story by Samuel Wan - bitcoinst.com

#China’s Biggest and Global Online Store #Alibaba Shuts Down Sale of Virtual Currency Miners & Accessories Amidst Pressure from Govt.

Thoughts on the market 28 09 2021

Bitcoin moved within the 44350-42100 range yesterday and at the time of writing this review, the main cryptocurrency is trading at around 42,500. BTC dominance index of 42.5%. Total Crypto Market capitalization of $1.88 Trillion.

The stock market finished trading on Monday in different directions. The Dow Jones rose 0.21%, the S&P 500 fell 0.28%, and the NASDAQ fell 0.52%. Gold and silver are down, oil is up. The dollar index rose 0.05% to 93.43.

With the priority version of yesterday's forecast working out. Bitcoin tried several times to gain a foothold above 44K, but did not succeed and began to decline, to a low price of $41942 registered on the Binance Exchange. Remember our 24th September update: https://t.me/decryptedge/759. BTC retested the 44K area and that was the last support line before the breakdown to $40K, So we are still looking for another selling wave to $34/$32K and lower than these levels probably. However this view will fail if the bulls reclaimed $50/55K daily close.

Plan for today. If Bitcoin cannot return and gain a foothold above 43,000, then we go to below 42,000, if this support does not resist, then we can go to 40,000 for refueling. Leaving and consolidating above 43000 will give an opportunity for growth to the levels of 44000-45000.

Interesting and may drive some more FUD, For the same reason, Alibaba will prohibit the sale of mining hardware on its platform from October 8, 2021. As per the website’s announcement section read: Announcement on Prohibition Against Selling Virtual Currency Miners
It is a long letter for full details check post on PDF here. Exempt from the letter notes “after thorough evaluation, taking into account the instability of laws and regulations on virtual currencies and relevant products in various international markets, Alibaba.com will prohibit the sale of virtual currency miners in addition to the prohibition against selling virtual currencies such as Bitcoin, Litecoin, BeaoCoin, QuarkCoin, and Ethereum, which include but are not limited to:
1) Hardware and software used to obtain virtual currencies such as Bitcoin miners ;
2) Tutorials, strategies, and software for obtaining virtual currencies such as tutorials on mining. “. It further warns, “The following two categories will be closed:
Consumer Electronics > Blockchain Miners > Blockchain Miner Accessories
Consumer Electronics > Blockchain Miners > Blockchain Miners” At the backdrop of all of this, lest we forget, the big blow to Alibaba’s already precarious position, since the $37 billion IPO of Ant Group, predicted or ought to have been the largest IPO was abruptly suspended by regulators last November, Alibaba and its founder Jack Ma have been continuously under enormous political pressure. Jack Ma publicly accused the Chinese government of overregulation over the financial sector, tempting PBOC to impose some real regulations. I guess this is it.

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

Another #Ethereum mining pool forced to close due to #China crackdown as #Miami Working on Allowing #Tax Payments in #Bitcoin, Promised Mayor Suarez.
Thoughts on the market 29. 01. 2021

#Bitcoin from yesterday's review moved in the range 42790-40750 and at the time of writing this review, the main cryptocurrency is trading around 42,200. Total Crypto Market capitalization is at $1.85 Trillion, and BTC dominance index of 42.6%.

The stock market closed lower on Tuesday and lost more than usual. S&P 500 closed at -2.04%, Nasdaq -2.86%, Dow Jones -1.63%. The dollar index, meanwhile, rose by + 0.34% yesterday. Just a point of note technical standpoint and view , where are onto a bear market.

The reason for the decline was the fear of investors about changes in monetary policy. Federal Reserve Chairman Jerome Powell said that employment is still far from the maximum to raise interest rates, and the Fed will continue to inject $120 billion into the markets until the economy recovers. By the look of that it may imply the markets will again move to growth and renewed highs, or not. You have to stick to the big picture.

Back to #Bitcoin, there is nothing special to write about yet, the only thing that is positive is that we do not go below 40K even with such a news background, large players continue to accumulate, which means everything is going according to plan. September will end soon.

Plan for today. The priority option is bitcoin in the range of 40,000-44,000. An alternative option is a strait below 40,000 with a possible test at 38,000.

#BeePool, the fourth largest Ethereum mining pool, is closing amid China's crypto crackdown. The China-based Ethereum mining pool announced on Tuesday it will suspend operations "in response to the latest regulatory policies." Effective immediately, the registration of new users and the addition of sub-accounts for existing users will be discontinued, and all mining access servers are expected to stop operating by October 15. Source : cointelegraph.com
This is ongoing crackdown seems more serious this time. Yesterday we shared about #alibaba (https://t.me/decryptedge/765)

Lastly Miami Mayor Francis Suarez said that soon taxes in the city can be paid in bitcoin. This comes a few months after hinting that #Miami residents could soon be able to pay their taxes with bitcoin, the city’s mayor – Francis Suarez – said the process has begun as his team will issue the request in October. Separately, Suarez also touched upon the most recent actions undertaken by the Chinese government, adding that the US could take advantage of this “huge mistake.” Source: cryptopotato.com

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

#PayPal, #Google Execs to Help Bank of England 'Understand' #Digital Currency.

Thoughts on the market 30. 09. 2021

#Bitcoin yesterday again fell below 41,000 and reached a low of $40,900, this correction was redeemed and at the time of writing the review, it trading at about 43,500, with a BTC dominance index of 42.7%. Total Crypto Market capitalization seats at $1.92 Trillion.

The stock market finished trading on Wednesday in different directions. The Dow Jones climbed 0.26%, the S&P 500 rose 0.16%, and the NASDAQ dropped 0.24%. Gold Futures for December delivery was down 0.69% to 1.725.55 a troy ounce. The dollar index rose 0.67% to 94.407.

The main focus of the market is focused on the issue of the US government debt limit. What does this mean for market participants? At the moment, the United States may again find itself in a situation of technical default, if it does not raise the limit of the national debt and start borrowing more. In the meantime, this decision will allow the Fed to untie hands in quantitative easing policy and they will be able to continue pumping up the markets without any problems.

On the cryptomarket, the priority version of yesterday's review worked out. Bitcoin was able to break through the resistance at 43K and moved to growth, to a high of 43830 on the Binance exchange. We are gaining strength to hike to 44K.

The crowd is still waiting for a further fall, the fear / greed index is at its maximum value ​​and shows the level of 20. We know that the market always goes against the crowd and when it is scary - you need to load up. Main resistance, before going to new peaks, still remains at 45-46K. I think next week this level will be taken, and maybe even earlier.

Plan for today. The priority option is bitcoin in the 41000-45000 range and altcoin recovery. An alternative is another 40K test.

PayPal and Google executives will help the Bank of England understand digital currency. As published by decrypt.co. The UK has so far been comparatively slow, and has only announced research into such an asset. But today’s announcement shows that the Bank of England is at least consulting with top experts in the tech and finance space. The forum will research and provide feedback to the Bank on how a CBDC could—or couldn't—work in the UK. Bank of England boss Andrew Bailey has repeatedly said that he doesn’t consider decentralized digital assets, like Bitcoin, to be money. But he has said stablecoins—assets pegged to fiat currencies though different to CBDCs—could become an important part of the future financial landscape.

The big question is why now?

Great day ahead and remember to always do your own research. This is not traditional investment advice and ought not to be deemed as financial recommendation. Must do your own research. #Decryptedge

#Visa Working on #Blockchain Interoperability #Hub for #Crypto Payments as #Iran Lifts Bitcoin Mining Ban.

Thoughts on the market 1.10. 2021

#Bitcoin moved in the range of $44140-41410 during the last 24hrs several times to gain a foothold at 44K, but so far no result. At the time of writing this review, #Bitcoin is trading around $43,700, dominance index 42.6% and total crypto market capitalisation of $1.93 Trillion.

The stock market ended with a fall on Thursday. The Dow Jones fell 1.59% to hit a 3-month low, the S&P 500 fell 1.19%, and the NASDAQ fell 0.44%. The dollar index was down 0.10% to 94.260. Negativeness on the American stock market grew yesterday in anticipation of a decision on raising the limit of the State debt. The Senate and House of Representatives have already voted to raise the cap and Joe Biden signed the decision, but the permanent budget for 2022 has yet to be passed.

On the crypto market, the priority version of yesterday's analysis worked out and bitcoin moved in the specified range. The low to which the price reached 42697, the high was set at 44141 at the Binance Exchange.

I like the fact that against the background of the fall in the stock market, cryptocurrencies continue to grow, so we can say with confidence that the prospect of further growth will not take long. The rest is going according to plan.

Positive. The Federal Reserve System (FRS) has no plans to ban cryptocurrencies, said the head of the agency Jerome Powell. Therefore, it will not be like in China.

Plan for today. The priority option is bitcoin in the range 42000-45000. Alternative - a correction to 41-40K for refuelling.

Lastly to some news, #Visa has presented a project, the goal of which is to become a "universal adapter" of #blockchains that can connect multiple #cryptocurrencies, #stablecoins, and #digital currencies of central banks. Think of it as a “universal adapter” among blockchains, allowing central banks, businesses, and consumers to seamlessly exchange value, no matter the form factor of the currency. “Ultimately, the #UPC solution aims to serve as a network of #blockchain networks — adding value to multiple forms of money movement, whether they originate on the Visa network, or beyond,” the announcement reads. Visa made a major move into the crypto industry in 2020, partnering with blockchain firm Circle to support the USD Coin (USDC) #stablecoin on certain credit cards. The company has since reaffirmed its commitment to crypto payments and fiat on-ramps, with a particular focus on stablecoin integrations. It will be exactly 1 year this month of October since shift started. Talk of inflection points at its best. You have to commend VISA for taking the lead in a new market. (https://t.me/decryptedge/35)

The #Iranian government has lifted a temporary ban on bitcoin mining that was introduced back in May. From now on, licensed Bitcoin miners will be able to operate in the country without facing any restrictions. That said, an estimated 85% of all cryptocurrency mining operations have been set up in the country illegally. Earlier this week, dozens of #ASICs were discovered in the building of Iran’s largest stock exchange, which prompted the swift resignation of CEO Ali Sahraee. Source: Utoday. You may find some good trading prospects with #HBAR expecting a 20% upside.

Wishing you a blessed weekend ahead and remember you must always do your own research. This is not traditional investment or financial advice. #Decryptedge.

BITCOIN101 Session we talk about...
- Biggest Mistakes New Crypto Investors Make.
- Crypto-Markets news and this week updates.
- Open Q & A session.

Join Zoom Meeting
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Passcode: BITCOIN101

50% of Africans Invest in Crypto to Pay for Their Children’s Education: Survey
Thoughts on the Crypto market 4.10. 2021

Bitcoin moved in the range of 49300-47400 over the weekend, with several attempts to gain a foothold at 49K without success. At the time of writing the review Bitcoin is trading around 47700, BTC dominance index of 42.6% and total crypto market capitalization of $2.11 Trillion.

Stock markets opened in different directions. At the moment, futures for the S&P 500 are in the red by 0.32%, Asian indices also do not have general dynamics, gold and silver are growing, oil is falling.

The interim budget in the United States has already been adopted and the shutdown is not threatened in the near future. China will celebrate 4 days in a row "National Day", so no market action. It is also important to note that on Friday there will be a report on employment in the non-agricultural sector and it was employment that Powell drew attention to, urging Congress to raise the national debt limit. This news will greatly affect the markets and the dollar.

Will keep you up to date on the details of all the news, how the market will react to certain factors..etc.

The week was closed above 48K and this is very good, which means there is every chance to try already at this, the resistance level of 50K.Plan for today, if Bitcoin cannot return and gain a foothold above 48,000, or better 48,500, then we can continue moving down to 46K. If we leave and consolidate above 48000-48500, then we can expect continued growth to the levels of 49-50K.

According to a recent poll, most cryptocurrency investors from Kenya, Nigeria, and South Africa have entered the digital asset market with long-term goals such as securing their families’ wellbeing. The London-based company – Luno – conducted a survey with nearly 7,000 participants from Nigeria, Kenya, South Africa, the UK, Australia, Indonesia, and Malaysia to determine the reasons that drove them into getting involved with digital assets.
Per the results, most residents of the three African countries are financially savvy and invest in sensible and long-term goals as 69% of them deal with crypto to provide a better life for their families. The survey revealed that crypto holders are much more likely to hold other types of financial assets versus the general population. For example, 4% of the Kenyan participants said they own both digital assets and gold. Source: cryptopotato.com

In my view I hold a different view and take. If you compare insurance and say stock market uptake in Kenya..its at 2.34% as of 2019. I dont know the numbers for the stock market.. Going by this we are still very low.. When it comes to Crypto. Do you agree?

Great day ahead and remember to always do your own research. This is not traditional investment advice and ought not to be deemed as financial recommendation. Must do your own research. #Decryptedge.

#JoeBiden Committed to Strengthening #Cybersecurity by Hardening Critical infrastructure against #Cyberattacks, Disrupting #Ransomware #Networks, as #China Firms up on #Crypto Exchanges. Thoughts on the market 05.10. 2021

Bitcoin moved within the range of 49800-46900 during the day. At the time of this writing, the main cryptocurrency is trading at around 49300 with a total Crypto market capitalization of $2.15 Trillion, and BTC dominance index of 43.0%.

Equity markets closed lower on Monday. The Dow Jones dropped 0.94%, the S&P 500 dropped 1.30%, and the NASDAQ dropped 2.14%. The dollar index was down 0.25% to 93.812.

The markets were in a fever yesterday, and this time the fall lasted longer than usual. I forgot yesterday to add one more important detail that could change the market sentiment to an even more negative one. Jerome Powell, who announced temporary inflation, may not be re-elected for a second term and his chances of maintaining his position are getting lower and lower.

Everything is fine on the crypto market, there is not much to write yet, I still adhere to a bottom-up scenario. But I do not exclude that after such a rapid growth, we can once again test the levels of 45-44K in order to unload and further to new highs.

In the meantime, everything is fine, the hash rate has almost completely recovered after the Chinese pressure, the transaction volumes are hitting historic highs, every day there is information about new investors who have either already entered or are starting to look at the crypt in a new way. I think I need to buckle up, there will be a lot of interesting things before the end of the year.

Plan for today. The priority option is bitcoin in the range of 46000-50000. Alternative - going below 46K for refueling.

US President Joe Biden wants to attract representatives from 30 countries to fight the illegal use of cryptocurrencies. In a monthly statement from the whitehouse briefing room: Titled Statement by President Joe Biden on Cybersecurity Awareness Month, reads, I am committed to strengthening our cybersecurity by hardening our critical infrastructure against cyberattacks, disrupting ransomware networks, working to establish and promote clear rules of the road for all nations in cyberspace, and making clear we will hold accountable those that threaten our security. For the full write up can be found here: https://www.whitehouse.gov/briefing-room/statements-releases/2021/10/01/statement-by-president-joe-biden-on-cybersecurity-awareness-month/

China continues to pressure. The #KuCoin cryptocurrency exchange has banned the Chinese from registering on the trading platform, and will stop serving existing customers from December 31. In the meantime, China is pressing, the President of El Salvador says that more than 3 million citizens are already using bitcoin, which is half of the country's population.

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