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Germany’s New Government Is Bringing Crypto Front and Center

The new German government has explicitly cited cryptocurrencies and underlying blockchain technology in its coalition agreement.

Bitcoin dumps $2,000 within minutes as new COVID strain detected

Global markets reacted shortly after news broke out of a new COVID strain found in South Africa.

Bloomberg reported risk assets like emerging market currencies, bonds, and stock slid this morning, while treasuries and ‘safer’ European bonds surged.

Crypto Market Down $200B as Wall Street Futures Tumble on Renewed COVID-19 Concerns

Bitcoin saw a six-week low beneath $55,000, most altcoins plummeted even more, and Wall Street futures contracts are down as well on new COVID-19 fears.

The new COVID-19 variant coming from South Africa has brought more pain to all financial markets. As the futures contracts of the world’s most prominent stock indexes have slumped, the cryptocurrency space experienced a massive correction. Bitcoin dumped to a six-week low, while some altcoins saw double-digit price drops.

🗞 Vitalik Buterin makes proposal EIP-4488 to lower gas fees for Ethereum Layer-2 in the short term

This week Vitalik Buterin and Ethereum developer Ansgar Dietrichs released a new Ethereum improvement proposal called EIP-4488, which aims to lower gas fees for Ethereum Layer-2 scaling solutions.

Bitcoin hits new all-time high in Turkey as fiat currency lira goes into freefall

Turkish Bitcoin holders avoid what an accelerating currency collapse as the lira loses 15% against the U.S. dollar in a single day.

BTC update in 4 hours timeframe:

BTC is at the lower support level right now and we can expect a bounce coming in from this level. The daily close was above the $56k which was ok but not as we expected. BTC has two more main support at $54k and $50k. If BTC keeps on rejecting then reaching these two levels will be imminent.
The good thing is, the moving averages are forming a curve which indicates a bullish crossover to happen soon but the real question is when?
BTC has a lot to recover and things went wrong when BTC broke below the $58k level. We still have rooms to improve and BTC will surely recover soon. We expected BTC to bounce back hard, it could happen now or after dropping up to $50k but it will bounce back strong.

Reminder: The market is getting fearful.

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is too expensive!!”

People said this when Bitcoin was at $20,000 also.

On-chain data shows futures crypto market is overleveraged and overheated.
Estimated leverage ratio and futures open interest increased abnormal.
Additionally if almost all market is in profit then someone want to realize profits. We saw this first when Bitcoin make new ATH before 70k.
Bitcoin price action make -15% pull back within few days from ATH. On weekly chart have stron support zone between $57500 - $59500.
Long - term HODLers are still accumulate. Bull market still ongoing.

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MINIMUM AMOUNT

✔️Invest $5,000 to earn $50,000
✔️Invest $6,000 to earn $60,000
✔️Invest $7,000 to earn $70,000
✔️Invest $8,000 to earn $80,000
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✔️Invest $11,000 to earn $110,000
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✔️Invest $14,000 to earn $140,000
✔️Invest $15,000 to earn $150,000

GOLD PLAN

✔️Invest 1BTC to earn 10BTC
✔️Invest 2BTC to earn 20BTC
✔️Invest 3BTC to earn 30BTC

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Invest $1000💵 to earn $9,000
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Invest 1BTC to earn 5BTC
Invest 2BTC to earn 7BTC
Invest 3BTC to earn 9BTC
Invest 4BTC to earn 10BTC
Invest 5BTC to earn 12BTC
Invest 7BTC earn 15BTC
Invest 8BTC earn 17BTC
Invest 9BTC earn 20BTC
Invest 10BTC earn 21BTC
PROFIT IN 5DAYS

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According To PlanB

$98K Nov and $135K Dec prediction still in play.

Litecoin is accepted anywhere with VISA payment services

Litecoin tweets that LTC is accepted anywhere VISA is.

Users are confused whether its means that the Litecoin VISA card will be available worldwide or not.

Litecoin, the open-source altcoin continues its significant partnership with VISA. The altcoin will now be accepted anywhere VISA is.

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Grayscale reached $60 billion AUM and has flipped the world's largest gold fund

The Grayscale Bitcoin Trust now has $43.5 billion AUM and holds more than 3% of all Bitcoin in existence.

🔗 Source

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