BREAKING NEWS! DOGECOIN AND CRYPTO HOLDERS NEED TO BE READY AFTER JOE BIDEN’S GOVERNMENT DID THIS!!
In this video, I’ll talk about crypto price analysis, rising crypto adoption, and the latest updates and news from the crypto world, including:
· As per the latest U.S Consumer Price Index data, the inflation rate in the U.S touched 7.5 percent in the month of January.
· The Fed has previously indicated that it is going to increase the interest rate in order to counter the rising inflation.
· The crypto market has been behaving much like the stock market and it is reacting to concerns about higher interest rates.
· From Bitcoin and Ethereum to Dogecoin, we are now seeing that the prices of these cryptos have been on the downside since the release of this CPI report.
· Bloomberg Intelligence analyst Mike McGlone believes that the Fed’s new policies will be beneficial for Bitcoin.
· Bitcoin has remained above the 50-day moving average, despite shedding off some value in the last 24 hours.
· IZEA Worldwide, an influencer marketing company, is now accepting payments in Dogecoin, Litecoin, Shiba Inu, and Crypto.com.
· According to Ran Neuner, host of CNBC’s Crypto Trader, Bitcoin is in a new cycle now.
· As per data from Kraken, while the number of Bitcoin whales trended lower in January 2022, the amount of Bitcoin held by whale addresses rose significantly.
· Investor Bill Miller thinks that we are going to see a lot of adoption for Bitcoin among foundations and institutions this year and beyond.
· Banking giant JPMorgan believes that bitcoin is slightly overvalued.
· Tim O’Reilly believes that while the crypto and NFT space is booming, its growth may be unsustainable.
· Crypto analyst Tasha Che has predicted that the crypto market will enter an extended bear market with a similar drop to the Nasdaq’s in the 2000s.
· Despite strict crypto regulations in Singapore, crypto adoption has jumped 13 times in 2021 only.
· Japanese messaging app LINE is expanding its crypto services as it will now allow users to pay online with LINK, the native token of the LINE blockchain.
And much more!!
I’ll also talk about price predictions and other news!
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I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. You should not buy, sell, trade, or invest in any asset based on what I say in these videos. You should know that investing carries extreme risks. You could lose your entire investment. This is not trading advice, and I am in no way liable for any losses incurred.