Dave's Daily Crypto Take

DDCT #72 - 10/22/2021 (How can I make money from bitcoin?)


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#Bitcoin #ETHER #Binanceus


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Dave's Daily Crypto Take


In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.


My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.


ARTICLES used in today's video:


https://www.coindesk.com/business/2021/10/21/market-wrap-bitcoin-drops-as-indicators-show-extreme-optimism/


Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism


Bitcoin’s price slipped to the $62,000 area on Thursday as indicators suggest bullish sentiment is near extreme levels, which typically precedes a price pullback.


The cryptocurrency’s price was down about 5% over the past 24 hours after failing to sustain an all-time high of almost $67,000 on Wednesday.


The crypto Fear & Greed Index remained elevated in “extreme greed” territory, suggesting that investors who accumulated positions around the $30,000 BTC price could start to take profits.


https://ambcrypto.com/here-is-garlinghouses-take-on-whether-there-will-be-an-xrp-based-etf/


Here is Garlinghouse’s take on whether there will be an XRP-based ETFRipple CEO Brad Garlinghouse has castigated the U.S. Securities and Exchange Commission again, with the exec now reiterating that the agency has no clear framework for the crypto-industry.


The chief executive, while speaking to Fox Business with Charles Gasparino, touched upon key aspects concerning the SEC’s motives. What’s more, he also expanded on the impact of the lawsuit against Ripple Labs, on both the firm and XRP.


https://www.forbes.com/sites/billybambrough/2021/10/21/binance-ceo-issues-crypto-price-warning-after-sudden-bitcoin-flash-crash-knocks-ethereum-and-wider-market/


Binance CEO Issues Serious Crypto Price Warning As Sudden Bitcoin ‘Flash Crash’ Knocks Ethereum And Wider Market


Bitcoin, after surging to never-before-seen highs this week, suddenly plunged almost 90% on the U.S. arm of major crypto exchange Binance today—before almost immediately snapping back.


The bitcoin price briefly dropped to under $10,000 per bitcoin on Binance.US, down almost 90% from around $65,000 and knocking the bitcoin price on other exchanges. The sudden plunge also took the wind out of the ethereum price rally.


https://ambcrypto.com/is-cardano-finally-catching-up-with-bitcoin-ethereums-uptrends/


Is Cardano finally catching up with Bitcoin, Ethereum’s uptrends


The last few days have been quite rough for Cardano. Just recently, ADA lost its third position on the rankings board to BNB. Since then, its price has mostly continued to shed value.


Bitcoin and Ethereum, on the other hand, have registered upticks of 12%-16% in the last 7 days alone. Given the low correlation that Cardano shares with the market’s large-cap alts, the recent ‘negative’ reaction on its price charts comes as no surprise.


Nevertheless, quite a few intriguing trends have been observed of late, opening the doors for a price-trend reversal.


https://theface.com/life/how-to-make-money-bitcoin-cryptocurrency-finance-digital-money


How can I make money from bitcoin?


You’ve been following this crypto stuff for some time now, but enough is enough. The ups and downs, confusing terminology and new innovations, who needs them?! It’s time for the digits, the money chasing, the straight-to-the-point, getting yourself an income boost through the mythical power that is crypto.


Want to know more? You’re in luck. Here’s a guide to turning your bitcoin, ethereum, solana and nanos into growth and cash. Just a warning, though – some aren’t easy, others aren’t lucrative and the rest aren’t going to happen overnight. In the words of modern prophet Mike Skinner: a grand don’t come for free. Let us break this down a little.



https://alternative.me/crypto/fear-and-greed-index/


https://coinmarketcap.com/


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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.


Thank you very much


Dave



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Dave's Daily Crypto TakeBy Dave D