FRIDAY FLASHBACK
Here’s what we talked about this week:
Monday: We discussed payment giant Mastercard wanting to bring cryptocurrency to customers by making it easier for banks to get in the mix with trading it.😳Consumers have been skeptical (can you blame them, really?) 👀 especially since cryptocurrencies like BTC (Bitcoin) are known for their volatility and most of them have lost over half of their value in 2022.
Tuesday: This was my favorite post this week because we discussed the 7 mountains/7 spheres of influence. I’m listing them here again: Arts and Entertainment (that includes sports), Business, Education, Family, Government, Media, and Religion (the Church). Please check Tuesday’s post for more details about the 7 mountains of influence, here is the link!
Wednesday: Ooooooh! 48K bitcoins were moved off of Coinbase Pro! What’s up with that move? This is some of what the CNBC Business channel said about that: Exchange outflows suggest investors are withdrawing their crypto from exchanges and shifting from selling mode to accumulating mode.”
Thursday: We discussed yesterday the Consumer Price Index (CPI) results that were worse than expected and that bad news with the CPI causes markets to tank a bit. So we did see where BTC fell but it also recovered quickly! An Analyst at Crypto Finance AF said about this BTC move: “The fact that crypto is holding up so well with bearish news tells me that the market is already too well positioned for the downside and is happy to take on some risk going forward.”
Well, that’s what our week looked like, folks. Treat yourself like you love yourself this weekend - get happy and have some fun! I’ll see you next week on the money mountain! ✌🏾
Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.