FRIDAY CRYPTO FLASHBACK!

This week was wild in crypto world, but it ended up with crypto prices edging up but stock and global markets looked bearish. Here are the things we discussed this week:

On Monday we discussed ETH vs ETH2. You may have noticed on crypto platforms that ETH is being converted to ETH 2. The 2 versions of Ether will be merged and combined into a single token. Also, they are now making STAKING the process that will replace mining to verify ETH transactions once the merge is completed.😳🤷🏾‍♀️

On Tuesday we saw Bitcoin drop by $800 (down from $20K) in just a couple of minutes after the word came out about the US economy that put U.S. inflation at 9.1%. And because of the inflation news, ETH also looked like it wanted to dip below $1K with a low on Tuesday of $1015.

On Wednesday we saw that the EURO hit parity with the US Dollar’ that’s something that hasn’t happened since 2002. As you know, the EURO has always been above the USD - meaning that it took $1.18 US dollars to get one Euro. But as of Wednesday that has now changed!

On Thursday we saw crypto prices inching back up from their Tuesday low. But a strange thing happened as well: Stocks and global markets remained bearish with indices, gold, and oil in bearish positions too. Interesting! We’ll keep an eye on all these movements in crypto markets.

If crypto is what you are investing and trading then it’s good to have some level of knowledge and understanding about it and that’s what this #CryptoDevo Blog is all about! If you want more knowledge and understanding and on higher levels then please check out IM ACADEMY’s platform, that’s where my Crypto Mentors are! Just CLICK HERE AND CHOOSE DCX, then scroll down and HIT CONTINUE and let’s take this show on the road baby!

(DCX is the IM ACADEMY platform that teaches everything concerning cryptocurrency). Join me there and let’s work together to build something great! And please do enjoy your weekend, do something fun for yourself! 😎🥳🤩

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.