This Week in Crypto: Market Crash, Manipulation & More!

0:00 Intro
2:03 Crypto Market Crash Cause
3:55 Bitcoin Dominance Spikes
5:11 Fidelity offers teenage investment
6:16 Bitcoin Taproot Progress
9:00 Polygon And Optimism
9:28 Parachain Slot Auctions
11:16 Crypto Tax Crackdown
12:13 Crypto Regulations Incoming?
13:37 Is Elon Musk The Dogecoin Whale?
14:53 Weekly Crypto Market Analysis
17:10 Conclusion


⛓️ 🔗 Useful Links 🔗 ⛓️

► 1 Trillion Crypto Market Crash:
► Bitcoin Dominance Indicator:
► Fidelity Lets Teenagers Trade:
► Bitcoin Taproot Explained:
► Optimism On Ethereum Approaches:
► Kusama Parachain Slot Auctions Begin:
► IRS Crypto Tax Reporting Rule:
► Crypto Ratings Council Securities Measurement:
► Dogecoin Whale Elon Musk Connection:


🕵️‍♂‍Crypto Market Crash Cause🕵️‍♂‍

The dip down to 30k was likely institutions intentionally push the price below what most traders believe will be the bottom to scare them into selling their crypto.

📈Bitcoin Dominance Spikes📈

If the market is crashing and Bitcoin dominance remains low, the potential for a real rebound is likely also low. Keeping this in mind going forward will help you with your trading.

👶Fidelity Offers Teenage Investment👶

Cryptocurrencies do not seem to be on the list of possible investments for the time being, but it’s likely only a matter of time before the teens who join this program start to ask their parents about Dogecoin.

🥕Bitcoin Taproot Progress🥕

94% of all miners have now signaled their support for the Taproot upgrade which is tentatively scheduled to occur in November this year.

⛓Polygon And Optimism⛓

There is some speculation that Polygon’s days are numbered. This is because Ethereum’s ‘in-house’ scaling solution called ‘Optimism’ seems to be on track for its July launch.

💸Parachain Slot Auctions💸

While Kusama’s first parachain slot auction is scheduled to occur in the next few days, Polkadot has not yet set a launch date which has some people concerned.

🔎Crypto Tax Crackdown🔎

Besides the fact that most institutions and individuals report their cryptocurrency activities to the tax man already, these crypto rules requiring you to repot transactions over 10k will not come into force until 2023.

⚖Crypto Regulations Incoming?⚖

In a short speech at the 2021 FINRA conference, Gary noted that QUOTE ‘the SEC and FINRA should be ready to bring cases involving issues such as crypto, cyber, and fintech.’

🐶Is Elon Musk The Dogecoin Whale? 🐶

What’s interesting is that the moment Elon resumed his antics, the Dogecoin whale which holds nearly 30% of its total supply bought 4.2069 DOGE at the same time.

📊Weekly Crypto Market Analysis📊

Interestingly enough, there do seem to be a few cryptos that held up quite well against the downturn. These were Celsius, Polygon, and Solana.


📜 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.

#bitcoin #crypto #ethereum #dogecoin #fud

Day Trading 101: What Are Forex Orders?

As you begin to learn the fundamentals of Forex trading, you'll need to learn what an order is. In day trading, Forex orders are used by traders to enter and exit the market, and they help provide controls over how trades are placed. There are many different types. Some orders are rules-based, enabling a trader to enter the market when prices are at specific levels, while others enable traders to enter or exit the market at the current price. There are five types that are almost universally offered by brokers, as well as some lesser known trade orders. Beginning day traders must learn how each trade order works and the situations in which each order should be used. Here's a look at the five most common:

Is the Dollar Going to Collapse in Value?

There has been a lot of speculation that the Dollar may collapse in value, triggering an even greater financial crisis. This article investigates just how likely that really is!

Advantages of a Fast Execution Forex Broker: True ECN Forex Broker

You benefit the most from fast trade execution if your Forex broker is not a market maker. The main benefit is lowering the risk of slippage, but also boosts trading flexibility with hedging, scalping and high frequency trading strategies. Best of luck with your trading!

Understanding the 24 Hour Market

Forex. A 24 hour market is attractive to a lot of traders because trading can be done 24 hours a day and the market never closes except during weekends. However, trading is not advisable during all times of the 24 hours as all of the 24 hours are not equal. Understanding the 24 hour market will definitely help in better positioning your trades.

Forex Trading Ways for Prediction

Forex Trading is a good way to make money online. However it is considered as a difficult way to start with for making money online. The challenge is to predict for ways to know how the currency price is going. The combination of those ways is called Forex trading strategy.

Forex Trading: Are You A Mean Reversion or Trend Following Trader?

Forex trading is a popular way of investing money. There are various strategies for Forex trading. One strategy is briefly discussed here.

Forex Trading: Understanding Currency Pairs

In Forex trading, the two currencies being traded make up a currency pair, and there are many different pairs that Forex day traders can trade. Traders can choose “major pairs,” “crosses,” and “exotics,” and there are pairs that are common like EUR/USD (euros and U.S. dollars) and much less common like USD/MXN (U.S. dollars and Mexican pesos).

Spot Metals in Trading

To be a successful trader, you must have a competitive edge that separates you from other traders. Along with skills and education, experience is key when it comes to trading. Many traders expand and diversify their portfolio by trading spot metals.

Learning Forex: What Does Going Long or Short Mean?

Going long and selling short are fundamental ideas in day trading that every aspiring trader should understand. But for those beginning to learn about Forex trading, each term can be difficult to define. What exactly is short selling and going long? What are the advantages of either trading strategy? In the simplest terms, a trader can make money by buying low and selling high (going long) or by selling high and buying low (selling short). Forex day traders, then, have two specific ways to profit in a trade. They can enter the market when the price is highest or at a low, enabling them to make money in up-trending and down-trending markets. With stocks, there is a bias for bullish movement in the markets; stocks are more likely to move in an upward. But the Forex markets are more volatile; prices may fluctuate in both directions fairly consistently. With short selling and buying long, traders have an opportunity to profit in whichever way the market is trending, and as currency pairs tend to oscillate in either direction, there is more opportunity to use short selling in Forex trading.

Learning Forex: What Are Pips and Spreads?

As you begin to learning about Forex trading, you're bound to come across many new terms. Two of the most commonly used Forex words are “pip” and “spread.” These have unique definitions in relation to currency trading, and for beginners, we wanted to help you better understand what each of these terms mean.

Forex Strategy: Fundamental Vs Technical Currency Analysis

Chances are, if you're just getting started analyzing currencies, you have a long list of questions: What is currency analysis? What are the different ways to analyze Forex assets? And how will my analysis inform my trading efforts? These are important questions to answer, and it's probably best to start with a quick definition of currency analysis. In the simplest terms, currency analysis is the research of economic factors that affect exchange rates, as well as researching historical market data. Essentially, a day trader's goal is to extrapolate the future movement of a particular currency by analyzing market factors and economic data. This will help a day trader make better guesses as to whether a currency pair will lose or gain value.

4 Benefits of Attending a Forex Training Seminar

You're ready to take your day trading efforts to the next level, and you're following the markets like a hawk. But what's the next step? How can you truly elevate your returns and start making a real profit? You might consider a Forex trading seminar. Trading seminars are like short courses that include lectures, live trading sessions, and Q&As with experienced Forex traders and teachers. For you, a trading seminar might be the perfect fit. For starters, there are online and in-person options; you can have the flexibility of attending from your own home. And seminars aren't as time-intense as day-trading courses, which although great, might require a commitment of week or more of your time. Finally, seminars are perfect for connecting beginners with experts. Still on the fence? These four benefits of attending a Forex trading seminar might change your mind:

Binary Options Trading Platform – Selecting The Best

Binary options trading has become a booming global business because of stability and simplicity the trading offers to traders. Traders taking part in the trading are protected from huge losses considering that this form of trading has only two outcomes that are possible; all or nothing. However, even with the great features of binary trading, you should get the best trading platform to enjoy good returns with the efforts you put into the trading.

5 Mistakes To Avoid In Forex Trading

You stand to make a lot of money in Forex trading when you do it right. While the market has a lot of potential, many people make huge loses and many others are skeptical of getting into it. If you are a beginner here are the mistakes that you should avoid:

Currency Pairs for Trading

The foreign exchange market is one of the biggest markets in the world. It is functional 24 hours a day and seven days a week.. In this article, we discuss the aspects of currencies and pairs as well as the major pairs and correlations.

You May Also Like