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The world's biggest cryptocurrency can't seem to catch a break. It finally looked to be regaining strength this month, b...
05/09/2022

The world's biggest cryptocurrency can't seem to catch a break. It finally looked to be regaining strength this month, breaching $25,000 for the first time since its June collapse, only to relapse towards $20,000.
A deflating end to August has forced the market to confront the Big Bitcoin Question: where will a real rally come from?
đź“Śđź“ŚRight now, doughty retail investors are looking like the most likely source of relief, as institutional players get cold feet in the midst of a macro maelstrom.
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In this case: bitcoin started July around $19.9K, hit a monthly low of about $18.8K, peaked around $24.7K in July, and e...
05/09/2022

In this case: bitcoin started July around $19.9K, hit a monthly low of about $18.8K, peaked around $24.7K in July, and ended July around $23.3K. It then started August around $23.3K, sank to $19.6K, climbed as high as $25.2K, and ended the month around $20.0K.
So you could say that bitcoin has taken the summer off – except June happened. Bitcoin opened June trading at about $31.8K, which means bitcoin’s price fell about 33% in the summer. To test the idea that “nothing happens in finance in the summer,” you could compare bitcoin’s summer to the S&P 500’s, which has lost about 4.3% since June (maybe things do happen in finance in the summer).🎆🎆🎆
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it’s Labor Day weekend, which means that summer is over. No, I do not care that the autumn season hasn’t officially star...
05/09/2022

it’s Labor Day weekend, which means that summer is over. No, I do not care that the autumn season hasn’t officially started; summer is over when August is over.
🤿🤿Anyway, the finance world is usually slow in August since that’s when Wall Street’s finest unwind by doing work by the dim light of their mobile phones in the Hamptons instead of by the bright light of their offices in the Financial District. Now bitcoin, not to be upstaged, thought it would be best to buck that trend entirely by effectively erasing all of July’s price gains in August.
So let’s talk about summer markets.
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What's better than saving some coin in your wallet? Saving coin AND getting something for free! Book your TC Sessions: C...
05/09/2022

What's better than saving some coin in your wallet? Saving coin AND getting something for free! Book your TC Sessions: Crypto general admission Launch pass today and get a second pass for free!
One general admission Launch pass typically costs $199, but our Labor Day sale gets you two Launch passes for the price of one — that’s just $99.50* each!
Time-sensitive tip: Buy your pass now because this offer won't last long. It disappears September 7!
What's in store for you once you take advantage of this amazing offer? Expect to connect and engage with the leading founders, investors, engineers and other bold risk takers across the blockchain, crypto, DeFi and web3 ecosystems. You’ll find a double fistful of awesome early-stage startups exhibiting on the show floor, gutsy VCs looking for a rising star, and members of the press chasing the next big crypto stories.
You’ll have plenty of opportunities to expand your network and grow your business:
Explore possibilities with exhibitors.
Schedule meetings with other attendees through the event app.
Try your hand at speed networking.
Enjoy ad hoc conversations in between main stage speakers and breakout sessions.🎭🎭
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