This week, despite the current wave of FUD, the crypto sentiment finally started to change. We experienced a nice little up trend in the markets, and Bitcoin is now above $20K, Ethereum above $1200 and Litecoin above $55. Proof of work networks continue to prove reliable and stronger than ever. Staking blockchains can be fun and practical but not very secure when we consider how young some of these networks are. Time will prove which ones we can truly rely on. Many cryptocurrencies will come and go for variety of circumstances. Pick wisely and always do your own research. For now, let's take a peak at the most at the most relevant headlines of the week, as well as the current price of Bitcoin and the current market bitcoin market sentiment. At this point it is all about guessing the bottom. Are we there yet? Leave a comment with your thoughts.
Sunday June 19th, 2022: Celsius recovery plan proposed amid community-led short-squeeze attempt - https://cointelegraph.com/news/celsius-recovery-plan-proposed-amid-community-led-short-squeeze-attempt
Monday June 20th, 2022: Tech giants opt into newly-formed Metaverse Standards Forum - https://www.theblock.co/post/153299/tech-giants-opt-into-newly-formed-metaverse-standards-forum
Tuesday June 21st, 2022: BlockFi Secures $250 Million Credit Facility From SBF’s FTX - https://cryptopotato.com/blockfi-secures-250-million-credit-facility-from-sbfs-ftx/
Wednesday June 22nd 2022:Fed Chair Powell Says Soft Landing Will Be 'Challenging,' Calls for Crypto Regulation - https://www.coindesk.com/markets/2022/06/22/fed-chair-powell-says-soft-landing-will-be-challenging-calls-for-crypto-regulation/
Thursday June 23rd 2022: Soccer Superstar Cristiano Ronaldo Is Making NFTs for Binance - https://decrypt.co/103703/soccer-superstar-cristiano-ronaldo-is-making-nfts-for-binance
Friday June 24thth 2022: Ethereum price breaks out as 'bad news is good news' for stocks - https://cointelegraph.com/news/ethereum-price-breaks-out-as-bad-news-is-good-news-for-stocks
Saturday Jun 25th 2022: Enjoy your Saturday.
All my best
Michelle M
www.mammycrypto.com
Social Media links: https://cointr.ee/mammycrypto
