BITCOIN HOLDERS…BUY ACCORDING TO THIS RULE

Today let’s talk about Bitcoin rising above $20,000. What’s coming up this week and what is going on with Bitcoin and Crypto?

💹Buy Bitcoin and Crypto with FTX app (Get $25 Free w/ $250 Trade) – [Refferal Code: IAmGeorge]
💰Earn 12.6% APY w/ Deposits and Trade Crypto w/ Vauld:
💸Buy Bitcoin & Crypto with IRA/401k Tax-Free ($100 Bonus)
💳Blockfi Bitcoin Reward (1.5% Back in BTC) Credit Card:

👛Try Blockfi’s Wallet and Earn $250 Bonus
🚧Buy Crypto Domain Names with Unstoppable Domains:

✨ File Crypto Taxes the Easy Way with CoinTracking:
🚨Protect Yourself with NordVPN (73% off)

🔥CryptosRus’ Best Crypto Exchanges Guide:
🔥CryptosRus’ Best Crypto Deals:
🔥CryptosRus’ Crypto Academy:
🔥CryptosRus’s Merchandise, NFTs and Articles:

➡️Join Patreon for Exclusive Content and Discord Chat:

Follow CRU on Twitter, Facebook, and Instagram
🔖CryptosRus Clips Channel:
🔖Check out the latest News, Articles, and Guides:
🔖TikTok
🔖Twitter
🔖Twitter News Desk
🔖Facebook
🔖Instagram

Official Partners Who Sponsor This Channel:
FTX US, BlockFi, ITrustCapital, Vauld, NordVPN, CoinTracking, Unstoppable Domains

0:00 Intro
0:50 Market Overview
2:00 Recession Fears
4:00 Housing Market
5:30 Bitcoin Liquidations
7:00 CZ Wise Words
9:15 L1’s Rebound
11:30 South Korea Tax
13:20 Celsius Goes Quiet
15:30 ByBit Cuts
16:30 Terra Employee Ban
17:00 Solend
21:00 Q&A

🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

#bitcoin #btc #crypto

A cryptocurrency is an electronic form of money that is completely decentralized and operated without the need for a central party. It is a fast, cheap and anonymous payment system that is resistant to censorship and other pitfalls that can affect traditional payment methods. Its name refers to the network where transactions are recorded in blocks. These blocks are linked together to create a historical record of transactions. Although many cryptocurrencies are based on bitcoin, some also use other cryptocurrencies for different purposes, such as speculation.

There are several reasons why the crypto market is experiencing a bearish trend. The Russian-Ukraine conflict has triggered a decline in the value of the currency, and inflation statistics have been steadily rising. Worse macroeconomic conditions have hampered the growth of the crypto market, which has caused a number of cryptocurrencies to underperform bitcoin. The rise in the price of altcoins indicates that investors have lowered their risk appetite and are hesitant to spend their money on bitcoin. The Fear & Greed Index for bitcoin has recently returned to the “severe fear” zone, confirming that a bearish mood is prevalent in the crypto market.

Another problem with cryptocurrencies is that they are outside of government control. The anonymity of cryptocurrencies allows individuals and organizations to bypass laws that are designed to protect their interests. Some cryptocurrencies, such as bitcoin, were used to make donations to WikiLeaks despite pressure from the U.S. government to block transactions to WikiLeaks. In Venezuela, many Venezuelans have converted their bolivars to bitcoin because of the hyperinflation of their currency by their government. Regardless of the causes behind the cryptocurrency industry, it is clear that cryptocurrencies have opened the door to new forms of financial freedom and have facilitated the use of illicit activities such as money laundering and terrorism financing.

In May, cryptocurrency prices reached ridiculously highs, which contributed to a crash of up to 20% of the global market cap. While the market bounced back after the crash, exchanges fell again mid-January, causing Ethereum to fall by 25%. The fact that cryptocurrencies are highly speculative makes them an incredibly volatile investment. Even if you’re prepared for the inevitable price drop, it’s still wise to invest only what you can afford to lose.

While Ethereum and Bitcoin have been the mainstays of the crypto industry, there are many others to consider. Solana is a decentralized computing platform that uses the SOL cryptocurrency to pay for transactions. Solana claims to be able to process 50,000 transactions per second, which is far higher than Ethereum. Solana has lower fees and congestion than Ethereum, making it a popular option for businesses that require high speed and anonymity. It is hoped that Solana can compete with Visa and other centralized payment processors in the near future.

Another important thing to consider when investing in cryptocurrency is security. It is important to remember that cryptocurrencies are a form of financial system, and any system that is unregulated can be subject to scams. Various risks can arise, including hacks and lost wallet passwords. In addition, cryptocurrency accounts are not FDIC insured, and if your wallet is hacked, you could lose all of your money. Aside from this, it is important to remember that cryptocurrency exchanges are vulnerable to cyber attacks. To ensure your safety, you should follow the recommendations and guidelines set forth by national reporting centers.