Fear in crypto markets as Bitcoin dropped to $40k! Following a market-wide drop from recent highs, many crypto traders are concerned that Bitcoin may fail to make it back to $50,000, and that we may go into a long-term downtrend. In this episode of Coffee N Crypto LIVE we discuss how the Russia-Ukraine news, Ukranian legalization of crypto, and federal interest rates can, and will impact the Bitcoin & crypto markets over the coming weeks. Has Bitcoin lost all hope for an uptrend? We’ll discuss! Let’s go ahead and DIVE right on into it!
Timestamps:
0:00 – Intro
0:36 – Show start
5:38 – Market Review
9:35 – Headlines (What top 4 Coins should you hold longterm)
29:57 – Bitcoin TA
44:42 – Q&A
57:34 – Ethereum TA
1:03:36 – XRP TA
1:07:16 – Matic TA
1:11:20 – What is Financial Sovereignty?
1:15:30 – Tim wins the HODL Trophy!
1:21:36 – Q&A
1:24:53 – Conclusion
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What is Crypto? A cryptocurrency is a form of electronic cash that works on a computer network rather than a central authority. It is an alternative form of currency that is becoming more popular. It works by allowing individuals to send and receive money without the need to use a central bank. This type of money has the potential to revolutionize the way people do business. If you are not sure what a crypto is, here’s some information to help you decide.
Bitcoin is a popular form of cryptocurrency, but it’s not for everyone. In fact, it’s not even a popular form of payment. While bitcoin is not tied to any country, you can use it to shop abroad with no currency exchange fees. Another interesting type of cryptocurrency is the Decentraland virtual world. In this virtual world, you can buy land, sell clothing to other users, and mingle in virtual art galleries. It’s worth noting that cryptocurrency is a fast-growing market.
Ethereum is a decentralized software platform that makes it possible to create smart contracts and other decentralized applications. The goal of Ethereum is to create a decentralized suite of financial products. This is particularly appealing in countries with little state infrastructure. Ultimately, the aim is to provide financial services to anyone who wants it. The goal of Ethereum is to make the world a better place to live. It’s a decentralized version of the Internet, but it’s still a volatile market.
Cardano is a blockchain platform being developed by the Cardano team. It is a proof-of-stake blockchain platform. It avoids the high electricity costs and complicated PoW calculations that can make it difficult for a single computer to process transactions. The cryptocurrency is called ADA, after the famous mathematician Ada Lovelace. Although it’s still in its early stages, this new cryptocurrency has seen some good performance on and off the market.
Dogecoin is the most popular cryptocurrency and was originally set up as a joke in 2012. Now, many companies have backed the crypto market, including Facebook, PayPal, and Mastercard. As a result, cryptos are becoming mainstream and have a strong influence on the economy. In addition, Elon Musk has been a huge influence in the crypto market, and it’s worth keeping an eye on these developments. It’s hard to deny that these projects are generating a lot of hype and a lot of money.
Ripple is a database that allows users to store value in any currency. It uses crypto-assets earned and created by others, making it especially popular among financial institutions. ADA is another cryptocurrency that had a good week, but has struggled to break through its $1.2 resistance. It has fallen over the last seven days. It has a’stablecoin’, which has a very low volatility. There are other coins that follow a government-issued currency.
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