Crypto Generation

The good thing about this market is, the money is in the volatility

Always allow the market to come to the right entry

TIME TO CARRY THE NEWBIES ALONG

Are you new to the world of cryptocurrency and feeling overwhelmed by all the information out there? Don't worry, you're not alone! The crypto world can be confusing and intimidating to navigate, especially for beginners. That's why we're excited to announce our new crypto mentorship program designed specifically for newbies like you.

Our program is run by experienced crypto enthusiasts who understand the challenges of starting out in this space. We'll guide you through the basics of cryptocurrency, including how to set up a wallet, buy and sell coins, and safely store your assets. We'll also teach you how to analyze market trends, identify promising projects, how to engage in genuine airdrops and manage risk.

But our mentorship program isn't just about education, it's about community, too. You'll have the opportunity to connect with other beginners who are also navigating the crypto world for the first time. You'll be able to ask questions, share your experiences, and learn from each other.

We believe that everyone should have access to the benefits of cryptocurrency, and we're committed to helping beginners get started on their journey. If you're interested in joining our mentorship program, please use the WhatsApp link to join https://chat.whatsapp.com/BB9zYIcCr6e8E1NsZVHZbp

This is strictly for interested and serious "Newbies only" You will be given 60-70% discount to enable you gain the knowledge on how to make dollars in this dwindling Agbado economy 😀😀😀

We will close the group once we hit 40 members, as training begins latest 30th of July.

We can't wait to welcome you to the world of crypto.

https://chat.whatsapp.com/BB9zYIcCr6e8E1NsZVHZbp

Have you registered for our upcoming Blockchain & FutureTech Conference/ Exhibition, Lagos Nigeria
SEPTEMBER 29 and 30, 2022 at the Civic center, Ozumba Mbadiwe Street, VI Lagos.
IT IS AN IMMERSIVE EXPERIENCE & GROWTH SUMMIT!
Africa's most advanced, impactful, immersive tech and hybrid conference of value and innovation, focusing on 4IR Techs, Crypto, DeFi, XR, Metaverse, Virtual Reality Art, Generative Art NFTs, Web3, GameFI, 3D Virtual Environments, Immersive Learning etc.
Here are a few of our fabulous speakers; Dave Partner, Oluseyi Akindeinde, Ib Macdonald, L**h John Paul, Charles OkaforMbah, and lots more...
The registration link is below. 👇
https://www.eventbrite.com/e/lagos-blockchain-futuretech-conference-2022-tickets-307454012227

https://coinmarketcap.com/alexandria/article/cryptoqueen-now-on-fbi-s-list-of-10-most-wanted-fugitives-100-000-reward-offered

'Cryptoqueen' Now on FBI's List of 10 Most-Wanted Fugitives — $100,000 Reward Offered | CoinMarketCap Ruja Ignatova, who is originally from Germany, vanished in 2017 after she bugged an apartment belonging to her boyfriend and discovered he was cooperating with an FBI investigation.

WHAT YOUR COMPANY CAN BENEFIT USING CRYPTOCURRENCY

Introducing crypto now may help spur internal awareness in your company about this new technology. It also may help position the company in this important emerging space for a future that could include central bank digital currencies.

Crypto could enable access to new capital and liquidity pools through traditional investments that have been tokenized, as well as to new asset classes.

Crypto furnishes certain options that are simply not available with fiat currency. For example, programmable money can enable real-time and accurate revenue-sharing while enhancing transparency to facilitate back-office reconciliation.

More companies are finding that important clients and vendors want to engage by using crypto. Consequently, your business may need to be positioned to receive and disburse crypto to assure smooth exchanges with key stakeholders.

Crypto provides a new avenue for enhancing a host of more traditional Treasury activities, such as:
1. Enabling simple, real-time, and secure money transfers.

2. Helping strengthen control over the capital of the enterprise.

3. Managing the risks and opportunities of engaging in digital investments.

Crypto may serve as an effective alternative or balancing asset to cash, which may depreciate over time due to inflation. Crypto is an investable asset, and some, such as bitcoin, have performed exceedingly well over the past five years. There are, of course, clear volatility risks that need to be thoughtfully considered.

Happy Sunday

Welcome to the month of November

Bitcoin didn't produce any notable gains over the past week, and the same can be said about the market. It appears that the most recent regulatory clampdown in China and talks of legislation in other countries continue to take their toll.

At the time of this writing, BTC is trading at around $34,000, which is more or less exactly where it was last weekend. It started pushing forward over the past weekend, but the advance was halted on Monday, at around $36K, when bears once again stepped in and brought the price down.

Most altcoins are more or less in the same boat as BTC, with ETH charting insignificant gains of around and so forth. There are a few exceptions, however. This exceptions include the "new force in the space" AXS. This coin has done nothing less than 5x in the last one month. It did over 50% in the last 24hrs before dipping to $18 as at the time of writing this.

In general, the sentiment remains rather negative. According to the Fear and Greed Index, the market is presently riddled with extreme fear – a situation where investors are particularly fearful of entering the market.

This happens amid a serious clampdown on behalf of authorities throughout the entire world. Yesterday, Democrat Senator Elizabeth Warren called the market “highly opaque and volatile” and urged the Securities and Exchange Commission in the US to regulate it. Meanwhile, the People’s Bank of China warned that stablecoins impose risks to the international monetary system.

Yet, the week was not without positive developments as well. The Bank of America became the latest US banking giant to lay down plans to enter the industry. This surely highlights the fact that there is demand, but investors continue to be wary.

In any case, it’s also worth noting that zooming out shows us that BTC is still up tremendously over the past 12 months. However, we’re almost at the levels of the beginning of the year, so it’s important to see how the market will develop going forward.

To me, this is a great face of accumulation as Btc have been hovering between the 30-35k region.

Are we about to see another leg up? Let's see as it goes, as investors gain more confidence in the market.

Start picking some gems now and HODL using DCA.

*INVEST WHAT YOU ARE COMFORTABLE WITH*

The risk level of your portfolio will prove to be suitable for you if you remain confident even during high volatility.

If you notice that you tend to get nervous whenever the market goes down, then it’s high time to recreate an investing strategy that works by efficiently utilising your goals, time horizon and tolerance for risks to ensure it serves you well during all types of markets.

Just keep in mind to set realistic expectations and to avoid being too conservative with your strategies as it may not provide the growth potential you need to achieve your goals.

Do not invest your "Backup fund" that will make you restless when the market go "Skrrrrr" 🤩🤩🤩

THIS WEEK IN CRYPTO

Over the past seven days, we saw large-cap cryptocurrencies paint double-digit gains, pushing the total market cap up by $300 billion. This has also reduced Bitcoin’s dominance to about 44%.

The week has been Altcoin's week, because Bitcoin didn't produce any major gain compared to alts.

The biggest sensation of the week, however, was Dogecoin. DOGE, the meme-inspired cryptocurrency that started out as a joke, is up a whopping 100% and set an all-time high slightly below $0.7. It sits on a total market cap of about $86 billion as at the time of this report, which is more than the capitalization of the publicly traded Coinbase.

It seems alts bull market continues as more coins are all "legging up"

Let's keep enjoying it while it lasts.

THIS WEEK MARKET ANALYSIS

This week was undoubtedly bullish for the entire cryptocurrency market, which came inches away from $2 trillion. This happened as Bitcoin looks to reclaim $60K, Ethereum surged above $2,000, and BNB saw a brand new all-time high.

In retrospect, it was up only for the entire market during the last seven days. Bitcoin started trading at around $54K and progressed slowly but steadily through the week. On Monday, the price skyrocketed to above $58K before another leg up Tuesday, which saw the price testing $60K. Unfortunately, as of yet, it was unable to decisively break above it, and we are yet to see if it will be able to conquer the coveted level. Nevertheless, BTC is up a nice 10%. With this, the cryptocurrency also closed its best Q1 so far, with gains of around 100%.

Regardless, it’s safe to say that it was altcoins’ time to shine. Bitcoin’s dominance was reduced to 57.3% as major, mid, and small-caps took off. Ethereum is up by a whopping 23% as it currently trades above $2K, setting a new ATH at around $2,105 as at the time of writing this. Binance Coin (BNB) is up by more than 30% and also painted a fresh all-time high.

In total, the market capitalization came inches away from $2 trillion but was unable to climb above it, and we have yet to see this massive milestone will take place.

WEEKLY MARKET ANALYSIS

During the past seven days, Bitcoin failed to recover and went through an extensive correction. This, however, allowed many altcoins to gain momentum.

Bitcoin failed to recover in the past seven days, and it marked a further decline of about 8%. This has its current price hovering around $32,000, and its dominance has declined to 64.1%. But before we take a look at what this means for the altcoin market, let’s see what happened with BTC.

The cryptocurrency started off trading above $35K and even took a shot at $38K on Saturday. The bears had a mind of their own, however, and prevented this from happening, sending the market in a sideways trajectory for the next few days.

Yesterday, though, things took a turn for the worst as the market tanked and lost about $5K in just a few hours. This continued in today’s trading session as the price hit a low of around $28,800. The bulls regrouped and prevented a 4-hour candle close below $30K and managed to recover to where we currently stand at around $32,000.

In between all this, however, a lot of things happened in the altcoin market. Ethereum breached its former all-time high above $1430, major large-cap coins such as LINK and Polkadot also saw serious increases. Cumulatively, this reduced Bitcoin’s dominance to about 64%, and it’s interesting to see how things will develop from here.

What may have triggered the sell-off during the past few days was news that a double-spent had happened on Bitcoin’s network – something which, if true, could undermine the entire credibility of its blockchain. Well-known proponent and industry expert Andreas Antonopoulos took it to Twitter to explain in great detail why this wasn’t the case. He made it clear that nothing that happened was out of the ordinary and that Bitcoin’s network is and has been operating exactly as intended.

https://www.southwalesargus.co.uk/news/19009245.newport-man-offers-council-52-5m-search-bitcoin-hard-drive/

Newport man offers council £52.5m Covid relief fund to search landfill for missing Bitcoin A NEWPORT man who mistakenly threw away a hard drive in 2013 with Bitcoin now worth more than £210 million, has again appealed to the council for…

January 12th, 2009 will remain inscribed in years to come as the day when the first nonmined bitcoin transaction took place.

On this day, Satoshi Nakamoto sent approximately 10 to Hal Finney to test the strength of the network.

WEEKLY MARKET ANALYSIS

Over the past seven days, Bitcoin gained more than $11,000 to break above the coveted mark of $40,000. Meanwhile, the entire cryptocurrency market cap surged above $1 trillion for the first time in history.

The week started off with bitcoin’s price trading around $29,000, but no one was expecting what happened next. Day after day, BTC continued charting new highs until, finally, it broke above the coveted $40,000 mark yesterday. The current all-time high sits at $42,000

The move-up was also marked by substantial volatility. For example, just last night, BTC hit $40,000, but in the same hour, it also dropped to $36,000 and recovered to $39,000. This makes it particularly dangerous for people who are overly exposed to overleveraged positions, and the total liquidation data confirms it. Throughout the last day, over $1.5 billion of both long and short positions were liquidated.

In any case, the growth is seen in the entire market, and it’s evident from its trillion-dollar valuation – a milestone that we hadn’t seen before.

https://www.coindesk.com/paypal-venmo-to-roll-out-crypto-buying-and-selling

PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources - CoinDesk Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.

https://www.coindesk.com/why-binance-and-akon-are-betting-on-africa-for-crypto-adoption

Why Binance and Akon Are Betting on Africa for Crypto Adoption - CoinDesk Demand for bitcoin is surging in Ghana, Nigeria and Kenya, attracting investment from the cryptocurrency exchange Binance and a token project by Akon.

🔹 Bitcoin Halving 🔹

The Bitcoin halving in May 2020 will be the third halving the currency undergoes. The first halving happened in November 2012, and the second one happened in July 2016. Both where the precedent for a significant wave of Bitcoin adoption.

In short:
on the basis of history
Bitcoin price will take boost after may 2020 halving.

the first halving in 2012, the Bitcoin price rose from $12 to $140. Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.

Instead of 1,800 new Bitcoin’s available per day now there will only be 900 Bitcoins available after bitcoin halving 2020. This means that if there is more demand than 900 Bitcoins on a given day, the price will go up.

Major facts about the bitcoin halving 2020:

1: The halving is expected to happen in May/june 2020.

2: Only 900 bitcoin per day will be created after the 2020 halving.

3: 85% of bitcoins will have already been mined at the time of halving.

4: Historically each Halving marked the beginning of New bitcoin bull run.

5: After the halving only 3.15 millions bitcoin will be left unmined.

At the time of the 2020 halving, 18,375,000 Bitcoins will have been mined in total. That’s approximately 85% of the total Bitcoin supply.

Now, many estimate that over 25%of all Bitcoins have been already lost. This would mean that at the time of the halving there would in fact only be around 13,700,000 Bitcoin available. That’s not even 0.002 Bitcoin for every human on Earth!

The historical pattern shows Bitcoin prices booming one year after each previous halving. However, history doesn’t always paint a complete picture when it comes to the Bitcoin markets

CRYPTOCURRENCY TRADING TERMS AND MEANINGS

?? = Any crypto currency other than bitcoin.
🔵 = A situation where you lost all your money.
🔵 = A person who buys and hold coins in large quantity hoping to make good profits in the future.
🔵 /BEARISH = Negative/downward price movement
🔵 = Buy The Fu***ng Dip (an indication to buy a coin when it has gone down alot)
?? / = Positive/Upward price movement
?? ***O = Long green or red candles on the chart
🔵 = To Sell off a coin or when a coin price drops suddenly
?? = Downward price movement
🔵 = Do Your Own Research
🔵 = Fundamental Analysis (Any positive or negative news that can affect price of a coin)
🔵 = Fear Of Missing Out (A coin is pumping/going up and you get the feeling it's gonna pump more, so you buy even when you see it's high, hoping to make profit)
🔵 = Fear Uncertainty & Doubt
🔵 = Hold/Hold a position, hold a coin and not sell
🔵 = Joy Of Missing Out
🔵 = Margin bull position
🔵 = Market Capitalization
🔵 = Continuous upward movement of price
🔵 = Over The Counter
🔵 = Upward price movement
🔵 = Huge green candle
🔵 *TCOIN = A coin with no potential value or use
🔵 = Margin bear position
🔵 = Zig zag price movement (Upwards and downwards)
🔵 = Technical Analysis
🔵 = When you have a bad loss
🔵 INDICATOR = Someone who is always wrong predicting price movements.
🔵 = Relative Strength Index
🔵 = Very Wealthy trader/Market mover

The root problem with conventional currency is all the trust that’s required to make it work.

The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.

Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.

We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

©Satoshi Nakamoto

Associating with super powers comes with momentum to lift.

When you are in such circle, you're moved to work hard and smart so you can level up.

But when you're surrounded by little minds, you feel like you're on top, not knowing you're just a local champion.

Get out of that comfort zone today and connect with super minds that will charge you to do more

L**h John Paul

The most basic definition of blockchain is a shared, digitized ledger that cannot be changed once a transaction has been recorded and verified.

All parties to the transaction, as well as a significant number of 3rd parties maintain a copy of the ledger (i.e. the blockchain), which means it would be practically impossible to amend every copy of the ledger globally to fake a transaction.

Bitcoin’s success has triggered the establishment of over 1000 new cryptocurrencies, leading to the delusion that the only application of blockchain technology is for the creation of cryptocurrency.

However, the blockchain technology is capable of a lot more than just cryptocurrency creation and may support such things as transactions that require personal identification, peer review, elections and other types of democratic decision making and audit trails

https://cointelegraph.com/news/bitcoin-selling-for-24-000-per-btc-in-iran-as-us-tensions-escalate

Bitcoin Selling for $24,000 per BTC in Iran as US Tensions Escalate Bitcoin is selling for over $24,000 in Iran on the Localbitcoins platform as escalating tensions with the United States increase the possibility of war.

https://www.coindesk.com/binance-adds-new-fiat-currency-options-through-integration-with-p2p-exchange-paxful

Binance Adds 167 Fiat Payment Options Through Integration With P2P Exchange Paxful - CoinDesk Binance has teamed up with peer-to-peer bitcoin exchange Paxful to enable users to purchase bitcoin with 167 fiat currencies.

https://cointelegraph.com/news/nike-patents-a-system-for-tokenizing-shoes-on-ethereums-blockchain

Nike Patents a System for Tokenizing Shoes on Ethereum’s Blockchain Footwear giant Nike patented shoes that are tokenized as a non-fungible token on the Ethereum blockchain, dubbed CryptoKicks.

https://decrypt.co/12873/elon-musks-spacex-rocket-sends-cryptocurrency-wallet-to-space

Elon Musk’s SpaceX rocket sends cryptocurrency wallet to space - Decrypt Here’s why SpaceChain has sent its blockchain wallet to the International Space Station on a Falcon 9 rocket.

https://decrypt.co/12864/why-a-massive-9-billion-of-bitcoin-moved-in-one-hour

Why a massive $9 billion of bitcoin moved in one hour - Decrypt It didn't take long to find who was behind yesterday's major bitcoin movements.

https://www.cnbc.com/video/2018/11/09/worlds-first-ai-news-anchor-debuts-in-china.html

World's first AI news anchor debuts in China China’s state-run news agency just unveiled the AI-powered anchor at China’s World Internet Conference. The news anchor is modeled on a real presenter named Zhang Zhow. The anchor learns from live broadcast videos and is able to man the news desk 24-hours a day.

https://beincrypto.com/paypal-ceo-is-a-hodlr-but-only-owns-bitcoin/

Paypal CEO Is a HODLr, but Only Owns Bitcoin - BeInCrypto PayPal CEO Dan Schulman, in describing why the payment company decided to withdraw from Libra, revealed he is a hodlr of Bitcoin.