13 May: Week Recap

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"Everything popular is wrong."

 –Oscar Wilde

Note: If you find value in this brief leave me a comment

Happy Saturday Folks! Last week we saw Bitcoin gain about $1,400 and this week it gave it all back and then some. The best performing asset in the past 7 days was $NB - down only 4.34% and is in position #4 on Coinmarketcap.com. Last week the Fear and Greed Index was at 60 and today it's 48; as things get bearish that is the time to buy the dip. 

Most covered news this week was Bitcoin's price dropping under $27K. The Podcast of the Week would have to go to The Crypto Conversation as Andy talks about the upcoming halving.

the price of Bitcoin closed at $27,694.27 and the fear and greed index was 60. The most covered news of the day was closed BTC withdrawals amid congestion on the Bitcoin network; with the Lightning it off(6) and Overwhelms Network, Minting Reach Record High.(6)

Podcast of the Day: The Global Role of Bitcoin | The Breakdown

the price of Bitcoin closed at $27,658.78 and the fear and greed index was 51. The most covered news of the day was Near $1 Market Cap as Exchanges(7) and Sam Bankman-

Podcast of the Day: Episode 78: Partially Signed Bitcoin Transactions (PSBTs) (And Dutch Auctions) | Bitcoin Explained

Wednesday (Humpday) the price of Bitcoin closed at $27,621.76 and the fear and greed index was 52. The most covered news of the day was Bitcoin priced on Binance?.US crypto exchange at $(3) and ’s central bank Gabriel Makhlouf as a ‘Ponzi scheme.’(3)

Podcast of the Day: A Philosophical Case for Bitcoin with Bradley Rettler | What Bitcoin Did

Right over the hump on  the price of Bitcoin closed at $27,000.79 and the fear and greed index was 52. The most covered news of the day was Bitcoin Marathon First-Quarter Earnings Beat Estimates as

Podcast of the Day: SLP477 Decentralising Bitcoin Transaction Selection using SRI with Pavlenex and Fi3 | Stephan Livera Podcast

As the week came to a close on  the price of Bitcoin closed at $26,804.99 and the fear and greed index right about 49. The most covered news of the day was trend lines brew 'bullish cross;' Amid Dollar Strength, Cooling Ordinals Activity.(8) 

Podcast of the Day: There are 334 Days until the Next Bitcoin Halving |

Bottom line: As I type Bitcoin is trading at $26,877.26 and for the week (M-F) Bitcoin lost $2,110.72. We continue to  waiting for Bitcoin to break the $30K level once again - will it do it by this time next week? Leave me a comment if you think so!

My belief continues to be that no matter what happens I will be okay. Which means, have enough at play to move the needle if the market pops, have some dry powder if it drops, and remain calm and move on if it goes sideways. Keep buying the dip, be smart, stay safe, stack sats, and HODL as "Matty Sats" would say!

Well that is a wrap folks, if you'd like to be in the know throughout the day, join me on where I am constantly sharing my thoughts about the Crypto market and personal development type topics. It's a community where you can meet REAL people, make REAL connections, and have REAL conversations. Thanks again for reading, watching, and listening with me.

WEEKEND NEWS

Beyond Speculation: The Diverse Uses and Transformative Power of Cryptocurrency

Going Full : 1 Million Addresses Now Own 1 BTC or More. -ether correlation dips below 80% for first time in 18 months. and Gold Lead the Charge in 2023, Fidelity’s Jurrien Timmer government accused of using to fund deepfake propaganda. ’s Presidential Elections: Critic Erdogan vs. Crypto Enthusiast Kilicdaroglu.

STABLECOINS

Florida governor signs CBDC bill into law, restricting some uses of US and foreign

EXCHANGES

Shuts Down Services in Canada Amid Regulatory Challenges.

LEGISLATION/REGULATION

Network Suffers Finality Issues. US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill. 

LEGAL CASES

Enlists Legal and Political Heavyweights in Battle With SEC. QuadrigaCX creditors set to receive % of their claims as an ‘interim dividend.’(2)

ATTACKS/HACKS/SCAMS

Vietnamese Residents Accused of $1.5 Million Crypto and Kidnapping to Face Justice.

Regulation and Society adoption

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