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Crypto News Where will the price of Bitcoin and cryptocurrencies go this week? Very important Data
00:00 Intro
01:00 This week economic calendar
01:54 Tim Draper Bitcoin
02:23 Other Kinds of Money USA Debt GDP Inflation
03:40 Fibobeta Seller Exhaustion constant Indicator
04:15 Pedro Hipólito thread
05:00 Google Cloud Solana validator
05:25 Miles Deutscher New 100x Trend in crypto space?
07:27 Solana makes a series of announcements on Breakpoint event
07:38 Polygon traders expect a nice pump on Matic price
08:00 Alameda Research Assets report
8:14 Secret Gem is the next 100x low cap gem?
All links:
https://www.investing.com/economic-ca...
https://www.investing.com/economic-ca...
https://dailyhodl.com/2022/11/05/bill...
https://twitter.com/OtherKindsMoney/s...
https://twitter.com/fibobeta/status/1...
https://twitter.com/PedroHipolito/sta...
https://decrypt.co/113632/google-clou...
https://twitter.com/milesdeutscher/st...
https://cointelegraph.com/news/solana...
https://cointelegraph.com/news/trader...
https://twitter.com/DylanLeClair_
Video TEXT:
This week we will know very important data that can affect crypto prices both positive and negative.
Last week we had MicroStrategy, Coinbase and Block earnings and this week we will know Marathon Digital , Galaxy Digital and Roblox as well as Hut 8 miner company and Bakkt.
Further into this video we will see the economic calendar for the upcoming week that includes the US Inflation data for October on Thursday.
We are getting closer to U S A Mid Term elections, happening on Tuesday, could this affect crypto prices?
Some analysts have different forecasts about the influence for crypto.
We will also know about China trade, inflation and new loans data and UK’s third quarter GDP numbers.
Lets have a look to this week Investing.com economic calendar, today we will know Year on year China Exports, Imports and Trade balance.
On Monday ECB President Lagarde will speak as well as F O M C Member Mester, on Tuesday we will know the EIA Short Tearm Energy Outlook and USA Crude Oil Invetories on Wednesday
In my opinion the big day will be Thursday because we will know USA CPI, Initial Jobless Claims, FOMC Member Mester Speaks, Federal Budget Balance, US Baker Hughes Oil Rig and other info.
Then on Friday we have interesting data about UK’s economy and German economy.
Lets check out some crypto news.
Billionare Tim Draper is feeling very bullish about bitcoin.
As he said in the Web Summit 2022 In Lisbon, Portugal. He said that Bitcoin having 100 Million wallets is extraordinary and that adoption is happening very fast.
I would like to show you this Twitter thread by Other Kinds of Money.
High inflation looks like it may be here to stay and FED inflation targets may be higher than expected getting to a 5% approx instead of the 2-3%.
USA debt is at 130% to GDP and FED may have 3 options to get out of this situation.
Fibobeta is sharing a indicator called Seller Exhaustion constant that could tell us that we are reaching a point of reversal.
I also find this Pedro Hipólito thread very interesting.
Google just became a Solana Validator, looks like adoption from big tech companies is increasing at incredible speed, bullish for Solana and the whole crypto industry.
We recently noticed about what it can be an upcoming trend in the crypto space. Miles Deutscher on Twitter show us that Decentralised Options and projects could 100x and he share with us his top 5 protocols. Check out all the links in the description below.
Solana makes a series of announcements on Breakpoint event, as it prepares to launch more features and usecases.
Polygon traders expect a nice pump on Matic price, current partnerships with big investors and companies are giving very bullish momentun to the ecosystem. Warren Buffet, Disney, Starbucks, Robinhood and more are collaborating in different ways with this project. The current total value locked on the chain is around 1.26 Billion dollars
In this posts we can see that Ryan Wyatt from Polygon Studios talks about the Web 3 core principles and how to make internet fairer.
Dylan LeClair created a thread about the current Alameda Research Assets report. We think its interesting to know about it due to the magnitud of the names involved and the impact it may have to crypto prices.
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