🧘‍♂️Recap: Crypto Week of Apr. 18

Dear Meditators

It’s not that you want to miss the latest crypto news and insights. These things happen.

? Our weekly recaps have you covered. 

Every Saturday, we will highlight the main events of the week ✅ So you can review, reflect and factor them into next week’s trading and investing decisions.

FRIDAY

• ? LUNAr ETHclipse. Two altcoins we’re keeping our eye on this Friday. Entries, exits, key resistance and much more. Click to find out our plays. 
• ?The Year of the Algo. Since the creation of USDT, FUD has filled the headlines. This led to the idea of algorithmic stablecoins and this year might just be their year. Click to find out more.
• ? Another Day, Another Stablecoin. NEAR Protocol ($NEAR) is a development platform built on a sharded, proof-of-stake, layer-one blockchain designed for usability. Click to find out more. 

Full Article

THURSDAY

• NEARSighted. NEAR Protocol has been outperforming other so-called “Ethereum Killers” over the past two weeks. But should you be paying attention? Click to find out. 
• ? Spot BTC ETF Set to Launch The U.S. and other regions have been trying to get a spot bitcoin ETF for quite some time now. Australia has done it! Click to find out how.
• ? Lights Out for Algorand?!  Algorand has returned to headlines after capturing investor attention last September with a parabolic price increase. But now they turn their attention to, sustainability. Click to find out what their plan is. 

Full Article

WEDNESDAY 

• ?‍? It Aint Much, But It’s Honest Work. There have never been so many ways to make money in crypto, from trading to investing to the topic of our next series, yield farming. Click to find out more. 
• ?‍♀️ Race to Acceptance. Most people in the crypto space blindly assume that crypto will one day be universally accepted, but is anybody tracking progress? Here’s our take. 
• ?Robinhood Expands Footprint in Crypto. Robinhood has long offered crypto speculation to its users, rolling out crypto purchases for 5 states in February of 2018 and continuously expanding. Now it’s really carving out a slice in the market. Click to find out how.

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TUESDAY 

• ? A Bird, A Doge and The World’s Richest Man Walk Into A Bar… Musk stated that “failing to adhere to free speech principles fundamentally undermines democracy” before tweeting “is a new platform needed?”. This would start a series of events in which the world’s richest man takes on centralised media in a fight for free speech and democracy.  Click to find out the lowdown.
• ? From London to Decentraland Fashion Week. Luxury fashion brands are making an effort to incorporate blockchain technology and NFTs into their brands in an attempt to attract Gen Z consumers who have an estimated spending power of $143 billion. Click to find out more.
• ? Making Moves. When Axie Infinity blew up last summer it seemed that Play-to-Earn gaming had arrived and was here for good. Since then, the sustainability of games like Axie has been challenged and the blockchain was hacked – time for another category to take a slice of the gaming market? Click to find out what. 

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MONDAY 

•  ? Circling the Drain. Bitcoin is looking down heavily. Click to find out where its likely headed,
• ? Hack and the Beanstalk. A stablecoin protocol running on Ethereum was attacked for $80+ million yesterday. Click to find out who was hacked, and if your crypto is safe. 
• ⏰ Delayed, Yet Again. The Ethereum merge that would transition from a proof-of-work (PoW) system to a proof-of-stake (PoS) was set to take place this June. This has been delayed yet again. Click to find out the key details.

Full Article

Not financial or tax advice. The content in this newsletter is for informational purposes only. Nothing in this email is intended to serve as financial advice. We are not financial advisors. Every investment and trading move involves risk. Do your own research when making a decision. See our important security disclaimers here. 

Disclosure. Some of the links we’ve included are affiliate, they give you rewards and discounts and earn us a commission. Additionally, the Market Meditator writers hold crypto assets. See our investment disclosures here.