Another FUD hit the market. Some reputed media websites published articles with heading that China banning businesses to deal in cryptocurrency. This is not the real news, the real news is that China is reiterating the regulation laws and China is doing it for years.

BTC still strong and hold the $42,000 very well. Although China ban is bullish news and this news come in every bull market. Buy the dips and Hodl.

The DAO1 pre-sale whitelist registration is live now on the YFDAI LaunchPad!

Pre-sale eligibility will be open to anyone that has staked or farmed YF-DAI at the time of the YFDAI wallet scan that took place on May 17th at 5 pm UTC.

Second Snapshot to Promote Fair play: To ensure that new YF-DAI stakers/farmers don’t only stake/farm to be participate in this pre-sale, YFDAI will take a 2nd snapshot at a to-be-disclosed date/time prior to the pre-sale start that determines token allocations.

To ensure YFDAI can offer as high maximum caps as possible, they need to ascertain those users from the snapshot that want to purchase DAO1 tokens.

STAKERS/FARMERS THAT DO NOT COMPLETE THIS EXPRESSION OF INTEREST FORM WILL NOT BE WHITELISTED.

This application form will close at 5 pm UTC on Friday, May 21.

Register Now: https://forms.gle/fH2pkfc7ttVNjuKMA

Medium Article: https://yfdaifinance.medium.com/whitelist-registration-for-the-dao1-pre-sale-is-live-a6306c366158

https://accounts.binance.com/en/register?ref=WMWO7A6B

Create a Binance account with the link above for 20% discount on fees. Save tons of money on your trades.

BTC hit $30,000. That is unexpected. Today a lot of long liquidation happened. Stay away from margin and futures as market is too volatile. BTC bounced from $30,000 to $35,000 instantly. Let's hope that $30k is the bottom and we see some recovery in coming days.

This was posted yesterday on 4chan biz by an anonymous writer. $BTC dump was well engineered

Apparently Elon #HODLS

MicroStrategy has highest correlation with Bitcoin compared to other cryptocurrency-linked stocks

The magnitude of realised losses on-chain this week has eclipsed all previous capitulation events, including March 2020, Nov 2018 and the sell-off that ended the last bull market in Jan-Feb 2018

BTC broke the long downtrend line and now trading above it. This is good news although we need to flip the $40,000 levels yet.

ARK Invest purchased $20 Million worth Bitcoin. We may see more announcement from the public companies. Retail investors sell because of all the FUDs and the institutions are buying the dip.

$dot gets the first place and is not even listed on Coinbase yet

#matic

MATIC is rejected from the resistance zone and also from the uptrend channel upper line resistance. MATIC broke the uptrend channel in downward direction. MATIC is near all-time and increased drastically in the last few months. Also if you see the marketcap it is $12 Billion and MATIC rank is 10 among all cryptocurrencies. So the upward potential is low because of the high marketcap. We not suggest you to open long position in MATIC here. If you have MATIC already hold with stop loss. Let it come down and stable in a range for accumulation. The support zone for MATIC is $1.75-$1.85 and if broken we see more downside moment.

MATIC testing the support zone (yellow area). If unable to hold this support MATIC will go down towards $1.5 support area. The resistance zones are $2.15 - $2.25 and heavy resistance at $2.3 - $2.5 area.If you want to Open new position near the support zone do that with tight stop loss.