On June 6, 2023 - Jim Cramer has called the following cryptos "counterfeit tokens" and said "If you're in them, you're fool. Since then: SOL (+27%), ADA (+6.5%), MATIC (+6.3%), FIL (+38%), ATOM (+13%), SAND (+12%), MANA (+17%), ALGO (+18%), AXS (+28%), CODE (+20%)
In the Kraken lawsuit, the SEC named the following as securities: 1. Solana (SOL) 2. Cardano (ADA) 3. Polygon (MATIC) 4. Internet Computer (ICP) 5. Cosmos (ATOM) 6. Algorand (ALGO) 7. Sandbox (SAND) 8. Decentraland (MANA) 9. Chiliz (CHZ) How long until Gensler finishes up with the exchanges and starts going after every Alt directly? Just one Wells Notice will crush any Alt to $0.
If Meta announces again they are changing their name to Meta again. It was one of the easiest trades in the last bull. Those coins did a 3-6x in the span of a couple weeks after FB changed to Meta even though they had nothing to do with FB and they both sucked. And they still suck. MANA had a larger mcap then some legit solid companies which was ridiculous. It was purely based on unrelated hype and speculation. Was easy gains though. Those speculative conditions will happen again, but prob with AI or some other thing. Just watch out for news items that are casually related to some random alt coin and buy before everyone else.
What to keep prior to BTC halving Hey guys, today I have all these coins (95% DOT) in my Binance wallet (all at loss for a long time). Thinking about selling everything and buying either all in BTC or get a bit of ETH as well and hold until the Halving and after it (2025/2026). Thoughts? I know the sky is the limit, but how much BTC it would be nice to accumulate minimum prior to the halving for a nice gain? Is there any other coin you guys would recommend accumulating as well? I'm all ears to any advice you may have. Thanks! Coins: - DOT - ENJ - MANA - SAND - AXS - BNB - MATIC
1) not hopping between coins. During the last bull run I bought MANA but the price action was lacking so I switched to ADA. Then the Metaverse narrative came to play and it's price went parabolic! Lesson: Don't move your coins around during the bull market just wait your coins will have their time to shine. 2) Dont buy on a green candle, buy on a red candle instead. Lesson: don't FOMO buy as it will only result in you getting wrecked. If the coin has already ran 100% and you buy, it's definitely not the brightest idea.
tldr; One year after Canadian Prime Minister Justin Trudeau criticized the suggestion to invest in Bitcoin, it has outperformed inflation and the S&P 500. Despite Trudeau's negative stance on crypto, several Liberal Members of Parliament in Canada own digital assets. Bitcoin has seen a 15% increase in value over the past year, while inflation was at 6.5%. The CoinDesk Currency Select Index (CCYS) and the CoinDesk Currency Index (CCY) also showed positive returns after inflation. However, some tokens, such as MANA and AXS, have experienced significant losses. Several Canadian politicians from both the Liberal and Conservative parties own digital assets, including Bitcoin and Ether. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ADA is super clean, I like it. I'm gonna also say MANA is nice, because it's basically a painting/picture contained within that tiny logo. They managed to squeeze in 2 pyraminds, 2 suns, and shading & colouring that gives the vibe of a sunset landscape.
These metaverse lands and assets were complete bullshit to start with. Mark Zuckerberg is a blood sucking leech who feeds on newcomers and makes money out of them. On the other hand I think SAND and MANA could make comeback in coming bullrun.
tldr; CME Group is launching Bitcoin (BTC) and Ether (ETH) reference rates for the Asia Pacific region in partnership with CF Benchmarks. The reference rates will track BTC and ETH and will be published daily at 4 pm Hong Kong time. This move reflects the growing institutional interest in cryptocurrencies from Asia. The new reference rates will allow market participants to hedge cryptocurrency price risk more accurately and precisely during the Asia trading day. The demand for accurate BTC and ETH prices during the Asia trading day is increasing among institutions. CME Group also has reference rates for other tokens like AXS, CHZ, and MANA. The launch of these reference rates indicates the demand for crypto-friendly jurisdictions like Hong Kong and Singapore. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
I got 3.5 ethereum for 175 per coin. It was growing but the btc skyrocketed first and back then fees were close to nothing compared to now. So, after eth had grown to 500-600ish in 2021 I noticed btc hitting 20k at a more rapid pace then ethereum a gains. I sold all my ether and put 2000 into btc. That was the beginning up the first rip which ended at 55k and bankrolled my 2-3 years of crypto trading. Those trades in particular were made on E toro. Ended up having around 60% profit creating an approximate 12k crypto bankroll spread across 3 platforms. Unfortunately there is a horrible ending to this story: My girlfriend was mentally unstable and wanted to bring me down. After an incident, I left the house, returned and couldn’t access my email and my phone was gone. We’ll, there went my 2FA for all 3 platforms with over 10k after thousands of trades on each. To make it a real shitty situation truly was that my ID was expired, and I didn’t have a birth verticals or SS card. To make matters worse I had to leave the next day for Los Angeles from my home in NJ so I couldn’t renew any of these things. Long and painful story short, I kept an eye on ny holdings, all 12 coins, and had to watch, helplessly, while everything ripped from September through November. When I was reading before I got screwed I watched everyday so I would not in a million years have missed the peaks bad I not lost access. My etoro account alone only had Btc and eth but at the peak was worth 8-9k; they emailed me December or last year when crypto bottomed out and btc was at 16k. After making sure I kept good standing with etoro via email regarding my sccount, they told me since I had been inactive for a year the account had to be closed. So they sent me 1350, but why didn’t they offer to close my account since I lost access when it held well over 8k in coin? Coincidence? I doubt it. Another one of my 12 coins was Decentraland or MANA. I bought around $400 at .55-60cent s per coin. Around ten days after arriving at my friends in LA I had to watch it rise to well over $8 per coin. And the ride and fall lasted a wk or two so whether I caught the leak or not I missed out on a few thousand on that one alone. I think It was worth $40 when Coinbase finally let me back in after renewing my ID. This happened with 12 coins. I don’t even know why I felt like commenting on this, because in the long run it was an obvious fail. But It also made and kept me motivated to make it back and keep going without fucking up like that ever again.
Voyager has been selling assets on #Coinbase for the past 4 days and has sold 49 tokens for ~$63M. Including: 781 $BTC ($23M); 9,570 $ETH ($17.6M); 1.4T $SHIB ($14.4M); 234,660 $LINK ($1.74M); 1.87M $MATIC ($1.27M); 3M $MANA ($1.1M);